Its no secret that there is a lot of money to be made on eBay, but to do so you have to sell the right products. Selling the wrong items is the biggest mistake beginners make. So how you do know what to sell? To begin with, you need to get your products through drop shippers and wholesalers.

The first thing you must do is to obtain product catalogs from as many drop shippers and wholesalers as possible. With these catalogs youll know what products you can get your hands on. Now you can do market research on products you know you can sell.

Sellers often spend much time and effort on market research for an item only to find out they cannot find a wholesaler to supply them. By determining what products you can sell first you will save many hours of pointless research.

It is important to obtain many product catalogs regardless of whether you have interest in their products. Many sellers choose to sell products they are deeply passionate about despite the lack of buyer interest. You should not assume that other people are interested in a product just because you are. This brings us to the single most important factor of your success.

How do you know if your product has a chance to sell? Once you have collected a list of possible products from the product catalogs you can look at recently closed auctions for that specific product.

If a product has a high percentage sold rate, that indicates a hot item. If the success rate is a low number, then you probably want to steer clear of that particular product.

If, on the other hand, you see that 50% have sold then you might have a good product to sell. Make sure you check to see how many auctions there have been, 1 of 2 sold will still be 50% but probably means there is not much of a market for that product.

Another important thing you will want to check is that the price the product sold for is higher than the price at which you can get the product. There are plenty of affordable tools out there to assist you further in your research to find the best product to sell on Ebay.