eBay is a very specific marketplace. That is why some products have advantages and some disadvantages when being sold there.
We will talk about cheap and average priced vs expensive items. Each of these 2 groups have their pros and cons.
The advantage of selling cheaper items – they are easier to sell because of the price. Many people look for bargains on eBay.
Another advantage – not that many returns.
One more advantage – it is easier to get your hands on this type of products.
The disadvantage of selling cheaper items – small profit margin which means more work to do.
With the expensive products the advantages and disadvantages simply turn upside down; that is why there is not need to specify on them.
Another way to classify the products for online auctions is new products?vs old products.
The advantage of new products is their “freshness” on the market. Plus they are under warranty.
The disadvantages – with hot items it is almost impossible to get your hands on. We talked about it in other posts of this blog and provided certain solutions, but this is still a problem. And you also have to compete with more people including stores that usually sell these things for a discount.
Used products have their own pros and cons.
The advantage – not much competition. Plus used products are also easier to get your hands on.
The disadvantage – they are not new and no warranties.
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