Expert: Suzanne Wells - 4/3/2007

Question
Hi! First your newsletter is great! Garage sales are a great idea and I'll try that.

The two ideas I have are creating a line of nice homemade bound coloring books. I'm not sure about this though and I think it wouldn't do as hot.

Another thing I have done in the past is to buy items at a cheaper price on ebay and them sell them again for higher on ebay. Have you ever done this?

Answer
Alot of sellers buy from eBay and resell on eBay. Just be sure to do your research about your product before you invest much money.

Check completed listings for the type of item you are thinking about selling. You can determine from the completed listing the following information:

1) Selling price
2) Starting price
3) Number of unique bidders
4) Whether the item was purchased on auction or BIN
5) Shipping fee for the item
6) If any questions were asked by bidders about the item

I personally have not bought items from eBay for the purpose of reselling. I prefer to be able to touch and handle the item myself before purchasing. I buy items from eBay for personal use on a regular basis.

Good luck!