Released on = September 2, 2006, 12:15 pm

Press Release Author = Athens 2004 UK Ltd.

Industry = Small Business

Press Release Summary = There is a winning three-step formula for identifying products
that will sell like hotcakes on eBay!

Press Release Body = The three- step formula for identifying a money making
Ebay product

But before you do any research into what sells on eBay, it's important that
You understand how to identify a product that will sell.
There is a winning three-step formula for identifying products that
Will sell like hotcakes on eBay.
Once you know this formula, all you have to do is apply it to the product you're
considering for sale and find out for certain whether or not you have a winner.
Ask your self the following questions:

1. Is this item scarce? Scarcity is an essential component of any best selling
eBay item.
As well as looking for bargain, people go to eBay to find what they can't
find anywhere else. It could be a hot product like a new MP3 player
that's
selling out quickly in the shops, or it could be a rare and collectible
movie poster. As well as looking for products that are scarce outside eBay,
you should try to find items that are in short supply ON eBay,too.

2. Is this item in desirable? The desirability of an item depends on its market, as
different people desire different things- an MP3 player is an example
of a mass marketed desirable item, while a vintage poster is desirable mainly to
collectors. Scarcity and desirability are intertwined as an item's scarcity makes it
more desirable, and desirable items fly off the selves quicker-making them rarer.

3. Is this item in high demand? An item that is seen as having value is desirable,
but when a large number of people find that item desirable, then it is in demand.
And if you put "scarcity" and "desirability" together with "demand." you have a
winning formula for eBay profits. An item that's in demand is something that's very
desirable to a large number of people at certain times, and is also often in short
supply because of its desirability.

New MP3 players are in demand when first released because they've been successfully
marketed as desirable items. That means they sell out quickly and become scarce when
first released. Antiques and other vintage or collectable items tend to always be in
demand by individual collectors because they are, by nature, rare-making them very
desirable.

It's a formula that's commonly used for pricing collectable items and antiques (
Remember, eBay started life as a place for collectors to gather
Online to buy and sell hard-to-find items)

It makes sense.an item that is rare and desirable is more likely to achieve a Higher
price than something that easy to find. If, at any particular time, this item also
suddenly increases in demand (meaning more people want it or are willing to buy more
of it), then the increased competition coupled with its rarity and desirability will
drive up the price even more- particularly during the bidding frenzy a popular item
can generate on eBay.
And this is when you can make serious money as a seller!



Web Site = http://www.franksallinone.com

Contact Details = Frank Okorodudu