I stumbled on this technique while talking to someone who worked for a very successful eBay Power Seller. He mentioned that out of a small office suite with a staff of four they were doing $50,000-$60,000 in sales per month. I was skeptical at first, so decided to check it out using eBay Search Button. I clicked on Search, then clicked on Search by Seller, then clicked on Completed Auctions. It showed that they sold 35-45 items per day. eBay allows you to view last 30 days of any seller or item; so I did math and items averaged $400 each. That's $60,000 plus in one month! I knew they weren't a large company, so I reviewed their completed auctions to see what items sold at what price. All of this valuable information is available on any eBay seller. You can literally clone any business model that you see is successful.

The next step in cloning a business model you like is to thoroughly read their auction ads. I have located Power Sellers sources directly from descriptions in their eBay ad's Key point!

There are cases where you purchase a bulk load of products to sell on ebay, which is similiar to having a hit record on radio. The products will sell at your Ebay auction listings almost as fast as you can put them up for sale, and at price you want.

But there are also times when products do not sell quickly, and at a lower price than anticipated.

Lesson 1 Evaluate all factors before buying large quantities of product to sell on eBay.

Lesson 2 You need to forecast time needed to sell entire load of product, this will help you determine correct price to bid on liquidation.

Here is an example of an eBay Powerseller not taking into account all of costs that may be involved, before buying a large load of product.

Powerseller “A” bid and won a pallet of what was perceived to be a great value, a load of name brand cosmetics. The load contained over 7000 individual items such as lipstick, nail polish, hand creams etc. The average cost per piece was 75 cents, so entire load was purchased for $3750. The Powerseller thought they did their homework, individual items were selling for a minimum of $2.50 each on eBay.

There are several problems that occurred after purchase. The eBay Powerseller was so focused on potential profit, nearly $2 per item, which then added up to $14,000 profit. (If all were sold). They did not accurately forecast time needed to sell all cosmetics.