The truth is there is NO real magical way to research potential profitable items,
there is; however, a way to improve your salescopymaker review of tapping into a best seller
or even something that shifts a lot of units making you a nice regular income.
You will uncover products and suppliers where you will be able to make $100+
profit and that’s great, although you will soon discover those items take a lot
longer to sell and your MAIN income earners will be those that return a profit
of between $5 and $35 profit per salescopymaker review.
So when researching items DO NOT ignore them for only having a small profit
margin as with a fair wind these items are often the ones that sell hundreds of
units.
Note: Always make sure you allow for ANY costs that you may incur when
selling an item, these may be listing costs in eBay™ or Amazon™, PayPal fees,
shipping costs (we always try to avoid these where possible) or any other
“expense” that may be incurred.
There are fee calculators available at salescopymaker review , Amazon™ and PayPal™ that you
can use to calculate your potential costs.
Here’s some basic math for you:
Source price = $15.00 (the price you can BUY the item for)
Selling Price = $29.95 (the price you can SELL the item for)
Costs = $ 7.50 (selling fee’s etc – this is an example only!)
Profit = $ 7.45 (what you earn as income before taxes)
In the example above we are making $7.45 every time we sell this item before
any income tax etc.
The key is to be organised and TRACK your potential and active items that you
are selling.