Auction Autopilot Blog

Deciding what to sell on eBay is one of the most important decisions you will make. With more than 20,000 categories and sub-categories, your choices are virtually limitless.

Most eBay sellers caught “the eBay bug” the same way. First, they began selling a few things around the house to generate some extra income. Then, when they found out how easy it was to convert “dust collectors” into cash (in only a few days), they started selling everything that wasn’t nailed down.

This works great for a while. Selling unwanted items out of your garage, or bargains that you discover at yard sales is good practice and will help you learn the basics of the online auction business. However, you will never make any serious money by selling these types of “one off” items.

The key to making big money on eBay is to sell “cookie cutter” items that can be sold over and over again. Your goal should be to find products that will sell quickly and for a healthy profit. You also want to identify products that can be sold in quantity.

Once you discover the top selling items on eBay that attract bids like bears to honey, all you have to do is relist the items each time you sell one. I like to call these “cookie cutter” products. You only have to do the work of setting up the online auction once. After that, you just click one button to relist the item and keep selling it over and over again the same way. Walmart, Home Depot, McDonald’s, Macy’s and eBay Power Sellers all use this formula.

Consumable products can be the most lucrative moneymakers of all. After the first sale, the item will be used up and your customer will need to reorder. Over time, you can build a loyal customer base that will buy from you over and over, generating a lifetime income stream. My upcoming eBook will reveal a simple automated strategy to create a huge customer list that can make you mountains of money, as often as you want.

Finding top selling items on eBay is like going fishing. If you want to catch a boatload of fish, you first need to find out where the fish are lurking and what they are biting. If you fish in a lake with no fish, or if you use unappetizing bait, you’ll never catch any fish. The trick to catching as many fish as you want is to cast the right bait into a lake full of hungry fish.

By the same token, you will never figure out how to make money on eBay if you are trying to sell an item that is in low demand to a very small group of people. If you want to make a truckload of money on eBay, the trick is to identify a product that is in high demand and put it up for auction in the right category.

Trying to find the right product could take forever, if your method was to test several different products until you found the right one. Fortunately, there is a much easier and faster way.

The best way to figure out what sells on eBay is to use a powerful software program called HammerTap.

HammerTap makes doing product research a breeze. Without this incredible tool, it would take you hours, days, weeks and months testing different products before you would be able to figure out what’s hot and what’s not. Using HammerTap, you will be able to zero in on the hottest products in mere minutes. This mega-powerful automation tool takes all the guess work out of selecting the best products (high demand and large profit margin) to sell on eBay. Just think what an advantage you will have over the majority of eBay sellers who are “flying by the seat of their pants.”

Using HammerTap is a cinch. Just type a product name into the HammerTap search box, click the “go button,” and the program will “crawl” through eBay and return a list of all the auctions matching your search term. You can even specify whether you want HammerTap to search through current online auctions, or completed auctions.

As HammerTap sifts through the millions of listings on eBay to find the ones that fit your specifications, it will display all of the matching results in an easy to read spreadsheet format. At a glance, you will know the total sales, highest price, average selling price, average number of bids, most successful categories, most successful sellers and more. HammerTap will even allow you to sort this information pretty much any way you want.

HammerTap will show you everything you need to know to decide whether the product you are considering is a winner or a dud. Just think of the time you will save… and the money you will make by quickly discovering “where the gold is hidden.” No more wasting time with products that don’t get any bids and have low profit margins.

But, that’s not all. Once you find the top selling items on eBay, you may want to check out other products that are selling in the same category, to see what kind of competition you may encounter. No problem. HammerTap can do that too.

Here’s another great reason to use HammerTap. Let’s say you want to find the most successful sellers for your product, figure out what they are doing, and then copy their techniques. Of course you wouldn’t want to plagiarize their listings. However, you can certainly use the same techniques they are using to make money on eBay. With HammerTap, you can immediately tell which sellers know what they are doing and which sellers are floundering. All you have to do is do what the savvy sellers are doing. Why reinvent the wheel? Pretty simple, really.

Can you imagine the amount of time and money this tool will save you? If you are not using HammerTap, you are either wasting time searching for the “ultimate product,” or you are losing money by selling items that do not provide the highest return possible.

User Testimonials

• A research tool like HammerTap helps eBay sellers bypass the costly trial and error process by quickly giving them the key information they need for profitable online auctions. ~ Skip McGrath

• DeepAnalysis is an impressive and mature application. It’s detail and flexibility are unmatched by it’s web-based competitors… ~AuctionSoftwareReview.com

• With HammerTap finding such complicated things as best day and time to close your auction, duration, listing type and start price are extremely easy. ~ PowerOfComparison.com

Rating:

Recommendation:  Highly Recommended

Conclusion: Take HammerTap for a free 10 day “test drive” and find out what it can do for you today.  Once you see how much additional money you can make on eBay with this indispensable tool, you will wonder how you ever got along without it.

Tags: Ebay, Tools, top selling items on ebay

This entry was posted on Wednesday, April 30th, 2008 at 11:09 pm and is filed under Tools. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.