Dropshipping can bring a nice profit, but not a fortune. What are those items that sell for $1000’s on eBay and other auctions? And where can you source those products? Let’s get into the history…

In March 2002 Christie’s sold a ragged t-shirt for $220 850. In the past the item was owned by Edison Arantes do Nascimento (we know him also as Pele)… A year later his fan paid $150 000 for his boots he scored his 1000th goal and the contract original (with Santos).

In October 2007 there was an auction in Dallas where 8mm Che Guevara’s strand of hair was sold. Gustavo Violdo, CIA agent, cut that hair as a proof of Che Guevara’s death in 1967. A bookstore owner from Houston who admires the revolutionist paid $119 000 for the hair – now you can see it in his store.

In June 2005 Christie’s sold Marilyn Monroe’s notebook with her ex-husbands’ phone numbers – Arthur Miller, Joe DiMaggio. There are also phone numbers of Sinatra, Henry Fonda and other celebrities in that notebook. The price paid – $90 850.

In August 2001 Madonna’s fan purchased her black bra (the one she used for her famous tour in 1993 – The Girlie Show World Tour) at Sotheby’s auction for the amount of $23 850.

In 2001 Auction World Dot TV, the British auction, sold 11 teeth that Jack Nicholson owned in the past. The actor was mad about this and here was no information how the Auction House got those teeth, but they were nonetheless sold for $10 000.

In October 2007 Jim Morrison’s door was auctioned on eBay. It was the singer’s grandparent’s house entrance door where Jim lived his first 6 years. Sold for $2 500.

In December 2004 a Brian Adams’ fan purchased on eBay a pair of dirty socks that the singer forgot after his charitable show in Wales. Price paid – $1 100.

I think now you see what products to look for to sell profitably online…

If you want to increase your online dropship business success you need many things taken into consideration:

• reliable wholesale dropshippers,
• online marketing techniques,
• multi channel promotion,
• cash flow control,
• top notch customer service,
• design and coding basic skills,
• copywriting skills,
• experience to manage part or full time staff,
• many more…

Today I would like to discuss one more essential brick in your successful online business wall – product selection.

Products you choose should be suitable for online sales – no need to touch or smell to buy, wide selection to beat offline competition, lower prices than offline stores offer.

One more thing that you should always keep in mind – products that are on the demand rise right now and your belief that this buzz is likely to grow and last.

Sample – Apple iPhone. Dropship Apple iPhones and accessories right now and you are nearly guaranteed a nice dropship business income.

The demand is huge What you need to meet that demand? Just to take a liitle part of that huge iPhone market share? Yes, products – Apple iPhones.

Go to spot wholesale dropship merchants to these two places – this one and this. They both offer catalog preview – so no need to spend your money before you make sure they list the products you need. I would definitely start with this step keeping in mind that Apple has some restrictions about who distributes iPhones and how.

Even iPhone accessories could be great for generating lots of online sales, and I am 100% sure that the products suppliers do have huge selection of iPhone accessories

If you have some doubts about dropship business potential – and lots of people do not believe it is possible to make money online selling products that you neither own nor store – then your starting point is out 40+ detailed dropship business case studies

If you are a newcomer at eBay market, you can get a bit puzzled by a variety of questions that you should answer: what to sell, what to charge, how to list an item. Luckily, there are a lot of tools that can help you in this situation. You should use eBay market research because if you have access to eBay data, it will empower you with respect to the market. You shouldn’t try to sell a product without researching it first, it is fraught with bad consequences: you will simply lose your time and money. Moreover, there are some things that you can only learn using market research.

1. Is there a market for the product, and can I compete in it?
You can learn the answer to the question looking at the supply and the demand. Most market research tools let you investigate that. Mind that if there is too much supply or not enough demand, you shouldn’t work with this particular product, but start finding another one.

2. What is the best time to sell the product?

You are to know that some products are seasonal and these are fairly intuitive. However, sometimes market data surprises greatly, for you can never explain why, for example, black iPods may be sold better than white ones and things like that.

3. What can I get for the product?

If you use market research, you will always be aware of the average price people are getting for an item. Knowing the value of different products, you will understand what you will get for the product. Surely, what you need is a good deal, no one has a desire to sell the product which won’t be profitable or will even put you in the red.

4. How should I list the product?

Market research tools will tell you what set of optional listing characteristics can bring the best prices for a particular product. You can see which features were used—bold, highlight, gift icon, gallery, etc.—and what final prices they brought. You should take it into consideration when you decide how to list your own items.

5. Who is the potential buyer of the product?

Market research tools give you an opportunity to learn the demographics of people who have bought the product you sell: their genders, how old they are and where they are from. Thus, you will know for sure who you’re selling to, and will be able to plan your marketing strategy accordingly. You are to use different techniques depending on the group are targeting at.

If you use market research tools, you will know the answers to the questions analyzed above. And knowing the answers will give you a chance to benefit at eBay market.