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Originally Posted by gakline
Jeffrey - What's your niche?
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The first thing to remember is that when you do find a niche, you don't want to go around telling people about it...I remember reading an article about these women that had found a niche with upscale bed sheets and they did an interview that was distributed nationwide about how well they were doing - the two lost 9/10ths of their profits within the month as new people swarmed into the area.
That being said, I'm in a bit of a unique position in that I have access to items that most people don't since I live in Japan. You can see what I sell at <A HREF="http://stores.ebay.com/Cards-and-Medals">in my eBay store</A>. (note: I didn't always start me auction for $0.01 - I can do it now because I have a large mailing list so I know that people will see my auctions)
Basically, I listened to my customers and moved into new areas where there was demand. I started on ebay many years ago selling used Japanese telephone cards - I found them in telephone booths on my way to work for free and could usually get a dollar or two for them (this was way back when ebay fees were a bit more reasonable). Some of the cards had movies on the and that led me to movie programs and magazines where I could make a bit more. From there I moved into coke and star wars collectibles (again, listening to what my customers wanted) and from there into the Pre WW2 antiques and medals.
The best thing you can do is find a collectible niche where you don't actually collect - then you have no inclination to keep the things you find. It's funny - I'm considered on of the top experts on Japanese Star Wars Cards and I haven't even seen all the movies.
If you don't know where to start, ask you friend what they collect as a beginning point - the stranger the collection, the better as there is less liklihood of much competition and it's likely there are a few advid collectors out there willing to pay.
Re: Making Money on Ebay
