Monday, May 21, 2012

How To Find Products In High Demand


Don’t know what to sell on eBay? Success depends on these basic economic principles :

If there’s no demand for your product, YOU WILL MAKE NO MONEY.
If there’s too much competition, YOU WILL MAKE NO MONEY.

Therefore the key to success in selling on eBay is to not only give buyers what they want, but to be one of only a few to provide it.

How do we find this out?

eBay created a Want It Now section, that lets eBay buyers post requests for hard-to-find items and allows sellers to respond to those requests with eBay listings. There are several thousand posts everyday from hungry buyers looking for the stuff they REALLY want to buy!

So we can use Want It Now to find what’s in demand, that nobody is selling. The problem with Want It Now is there are many thousands of listings, in all the categories. How do we find products that are in HOT demand with LOW competition from other sellers and What ACTUALLY sells on eBay, in amongst all that?

 Auction Inspector solves this problem. It is a very handy tool that analyses all the results, which are up-to-date – what people want right now.

Here’s how it works .. It will send agents out to process posts from buyers, hunting for terms repeated often which might indicate high demand. At the same time looks for sellers responding to these posts.

How To Find Products In High Demand

Depending on the breadth of your search, number of posts and speed of your internet connection, Auction Inspector may take up to 30 minutes to analyze ALL the results of a particular search. But it is this thoroughness that is going to indicate significant and enduring trends in the Want It Now marketplace, so it pays to be patient!

Auction Inspector will automatically rank results on their “potential” — ie. how much demand there is for that item versus how many responses there are from sellers.

This “potential” is expressed as a number. The higher the number, the higher the potential. Low numbers or negative numbers mean that there is either no demand or too many sellers already competing for those buyers.
The report that Auction Inspector returns can be as specific as you want it to be. You can choose to see Auction Inspector’s results for more generic terms by looking the results for one or two word combinations (eg. “movie poster”) or dig really deep for those hidden niches by looking at the report on three, four or five word combinations. (eg. “Pulp Fiction Movie Poster”)

Go to How To Find Products In High Demand – Auction Inspector