While it may be easy to sell your pencil on eBay, it’s not necessarily easy to make money out of it. When you are looking for some extra income but don’t have the buying power to sell loads of iPhones for below market value, it may seem like your options are few.
Competing with overseas sellers and big box stores dumping their clearance items online, it may be overwhelming. However, there are hidden markets of eBay that these types of businesses can’t touch. So what are they and how can the average seller make money from them?
1. Small vintage postcards and stationery. Why would someone want old cards when they can get new ones from the store? Many collectors and hobbyists enjoy old cards from the old days that feature nostalgic imagery and many historical details. Unlike antique appliances or art, these can be found or purchased for a reasonable price. I once saw a huge box of vintage sewing patterns in a thrift store for .25 a piece, which would have probably gone for a lot more online.
2. Hard-to-find craft supplies and tools. This might take a bit more research, but there is a market for crafts on eBay. The first thing people think of when selling crafts might be rubber stamps, knitting needles and fabric. Though these things already take up a huge selling space on eBay. If you look deeper into the fringe items that feature a small market for less popular crafts, you may be the only one selling and buyers may flock to you.
3. Digital information on CD. Because books can be so expensive to find and ship, a lot of people are making money on eBay by putting old information in digital format. This includes this like old how-to guides, vintage catalogs, and even antique recipes. The beauty of this product is that it can be sold over and over again without finding new resources for every sale.
4. Fringe baby products. While baby bibs and onesies are in oversupply, you may be surprised to find that there are some hard-to-find baby products that sell quite well by small-time retailers on eBay. Many products marketed for green moms include cloth diapers, cloth pads, homemade baby soap, and more. Because these are more fringe, there won’t be a large supply of them and are often handmade which allows small retailers to compete.
5. Custom products. One thing that large retailers often can’t compete with is customization. Even the large retailers who do dabble in the business often charge high set up fees and do not offer much uniqueness to their products. A small retailer can compete customizing things in a unique way. Embroidery, address labels and screen-printing may be out of your range and typically too competitive but many small guys have thought outside of the box and have become creative with their customizing.