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Thread: New ebay business.... your thoughts

  
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    New ebay business.... your thoughts

    In the process of setting up my first ebay buisness,

    What i am looking at doing is Gaming bits and bobs controllers, charging stations etc

    to start i have got my hands on PS3 wireless dualshock 3 controllers in various colours

    Got them in ORANGE, RED, SILVER, BLACK and white.

    Official sony product in box and everything

    Have had a look on ebay and far as i am aware they dont sell the orange and the red is selling for £40 also they want around £35-£40 for the white ones.

    I was thinking of £30 delivered

    Just testing the water on here to see what you guys think, should i start selling these in an ebay shop ( £14.99 a month fee + listing+ final sale cost) do you reckon it would be a good market? espically with christmas
    on the way??


    White


    orange



    red



    silver

    If Barbie is so popular, why do you have to buy her friends?

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    I think you would have to have very very good prices to be competitive, especially against the far east copies from hong kong, china etc

    Which would leave you with less margin for profit.

    on that basis, I'm out ( although I do like the look of the RED controller )


    Best of luck with the venture though

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    Quote Originally Posted by Coo View Post
    I think you would have to have very very good prices to be competitive, especially against the far east copies from hong kong, china etc

    Which would leave you with less margin for profit.

    on that basis, I'm out ( although I do like the look of the RED controller )


    Best of luck with the venture though

    Yh did think about that, the far east do them cheap but then take about 2 weeks to deliver and i hoping the market is based on people like me....IMPATIENT
    If Barbie is so popular, why do you have to buy her friends?

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    You'll have an advantage of being a UK Seller ... some folks just look for that

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    Quote Originally Posted by Coo View Post
    You'll have an advantage of being a UK Seller ... some folks just look for that
    Yh that is true..advertise the fact that it will be dispatched from the Uk same day.

    Might give it a go as a private seller first see ow they shift then if good upgrade to the ebay shop.
    If Barbie is so popular, why do you have to buy her friends?

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    I think its a good idea mate, just make sure you keep an eye on your competitors prices as you may find that they will lower there prices for Christmas too, if they are also targeting the market.

    Also don't backlog your stock, make sure you have enough to shift but not so many that you can't shift them. That way you'll keep yourself in the green and profiting.


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    Idea seems good, and i agree msot people prefer to buy UK stuff, especially when returns are easier,

    but having a quick google and alot of online shops are doing them for £31 with free delivery http://www.google.co.uk/products/cat...CA8Q8wIwAjge#p

    Perhaps as your an ebay shop you need to undercut that a bit more, as personally id buy from a retailer over ebay if the saving is minimal

    all depends on your profit margin and what you can run out at,

    best of luck though
    Quote Originally Posted by WillThePlank View Post
    Whatever Happened to sitting on your arm until it went numb?!

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    Quote Originally Posted by carpediem View Post
    Idea seems good, and i agree msot people prefer to buy UK stuff, especially when returns are easier,

    but having a quick google and alot of online shops are doing them for £31 with free delivery http://www.google.co.uk/products/cat...CA8Q8wIwAjge#p

    Perhaps as your an ebay shop you need to undercut that a bit more, as personally id buy from a retailer over ebay if the saving is minimal

    all depends on your profit margin and what you can run out at,

    best of luck though

    Yh could undercut a bit but i like to think these controllers are a bit unique as in the colour range as most shops only sell the balck ones
    If Barbie is so popular, why do you have to buy her friends?

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    true, but the whole colour aspect is a niche market is it not?

    personally im not fussed what colour it is so long as its reliable and not to expensive

    but thats just me though,

    if you can afford to undercut personally i would go with it,

    i presume this is a side business to a current job? if so any extra earnings is a bonus anyway

    unless you can find a big market gap or something that means you can bulk buy things at ridiculous low costs and sell on quite fast then an ebay business will not likely be a big earner anyway

    as before best of luck with it, i tried and failed hope it goes well
    Quote Originally Posted by WillThePlank View Post
    Whatever Happened to sitting on your arm until it went numb?!

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    People generally shop on ebay to get products for the cheapest they possibly can. All you have to do is undercut everyone else and you'll sell, even if it's just by £1.

    Whether or not that leaves you with much profit to make it worthwhile is another issue!

    The only way you can sell well with higher prices is if you have a massive 100% feedback rating and present your shop/listings very professionally to give a greater sense of credability and trust-worthy'ness.

    I'm personally happy to pay a bit more to get stuff from the UK and rarely entertain buying from china etc.

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