Into this blue print, step one researching. As you can see there are only 3 simple steps that go with researching, you want to first research the hot products on eBay because if your not finding a hot product on eBay, then nobody’s going to buy anything that you have to sell right? And this isn’t about going in remerging through yard sales or going to trade shows and all that junk people teach you. You’ll see that the next step is to research prices across multiple market places. And what that means is there is actually eBay in the US and in the UK and France all this cool different places and you can actually research prices in each one of those places and then you want to third step here of step one is to use a calculator to analyze the profitability.
Now obviously just don’t want to use a standard calculator you want to use a cool advance calculator and I actually develop one for you, just for this Quick Money Blue Print. So let’s go ahead and go with this first step were research hot products on eBay. Well instead of going to your local eBay, you know if you're in the UK it would be like eBay.co.UK. Well, instead of doing all that there’s a place out there you might have heard of called Terapeak, if you haven’t Terapeak is insane because it is a massive, massive place were you can actually do research across all of the eBay’s on the internet. And do price analysis, see what’s hot and it’s really cool and I will dive into that and show you in the moment but if you just go to terapeak.com this is the website. And you can see, you can actually see how to sell, you can look at the hot products which this is what were going to show you.
Like what I am going to get into in this video. You can look at research of the hot sellers, you can look at trends during the seasons I mean it is just way beyond what you could ever imagine that’s on the internet. And if you’re like a tacky person like me you're going to love this, and if you're someone that just getting started wit the internet and you really don’t know were to start, what kind of tools to use. This is all you're going to have to use for this quick one in Blue Print eBay training.
So now that you understand what Terapeak is, we want to research the hot products. So, I want to have logged in to my account here and I am just showing your position of the screen so it fits in this video. But once you are logged in to your account you can start by researching a product looking at sellers, looking at categories or researching hot products. We’re going to start by researching hot products and once I click on that you can see it shows me the rank, it shows me key words, the names, the prices and all kinds of cool stuff.
Well, since you want to make the most amounts of the money and the least amount of time, you want to click on the columns as the average price and then you can see its going to show you all of the hot products right now on eBay and the average prices are obviously higher. Now, not everyone of this you can really dive into. The things that have worked for me overtime is to go after like electronics and things we’re people are going to eBay because they are trying to get a better deal in what they will get in the store.
So you can see some of the hot products here like cameras and photos. There’s digital camera’s people are looking for, they’re looking for lenses, tickets don’t worry about. If you want to stick to this Blue Prints and stick with what I do, just stick with like technology stuff. So camera’s and photos is really good, if we scroll down you can see their cell phones. Cell phones are incredible and the only two things that I ever do this with is camera’s and cell phones. I don’t do anything else; I don’t find other products so that’s how you actually research hot products.
Now if you want to research prices that cost market places, this is were you have to pick a couple of products that you want to start analyzing. And then your going to start looking at prices across all the eBay’s out there and entering them into this calculator so it’s kinda like a two step process and this is also still consider step one. So let me actually just go through a live walk through as if I was going to do this right now to make some money immediately you can follow along because you can make money why looking over my shoulder right now.
So, if I’m going down here and I’m just looking in, I can see here is a digital camera like a Nikkon D200, you know I’ve never heard on that one so I won’t look at that. But up here number four this is kinda cool Cannon EF, this is actually a lens. So there’s a lot of people looking for this lens and this is an expensive camera lens so it’s probably people that are in the photography and they’re really know what they want. So we definitely want to take a look that one, so let’s go ahead and it’s Cannon EF 70-200mm, I don’t know what that means. I am not a camera buff but I’m going to go to back to Terapeak home page once you're logged in and up here were it says “Type here to begin”. I'm going to enter that keyword in just like you saw it and then I’m going to start with eBay.com. Now on Terapeak you can see I'm subscribe to look at the actual prices on all this market places. This are all the eBay’s that are out there.
So let’s start with eBay.com and I’m going to look 30 days out. Now you can see what it’s doing is pulling all the listings for those 30 days and it’s going to show you what the average prices. Now keep in mind there maybe some other things out there, other than the actual camera lens. So the average price may be differ but as long as you’re being really targeted with your keyword this average price is going to be spot on, all right.
So let’s say $739.87 cents is the average price. Don’t worry about all this other stuff at the moment because I’m just going to show you what exactly what you need to know right now. Now, let’s say we’re researching the prices then we want to use the calculator. So, here is the calculator and this I’ve actually develop this strictly for this Blue Print I have always use this for my own personal use but you can actually use this right now. So, to get this calculator simply click on the button below this video to download it.
So hot products I made a list here so you could do multiple products but for this first one its going to be that Cannon EF and then eBay.com this is were you want to put in your price. Now you can see I have made a box for eBay.com, eBay Canada, eBay UK, Australia and there is other two that are in the foreign language so like France and such. So if you really don’t know foreign languages that is why I made them blue here because you can skip this and still make it just a ridiculous amount of money. So let’s stick with just ones in the orange for this example. So eBay.com, so you got your calculator out, so you want to go back and look at that average price $739.00 and then when your back in your calculator simply enter it in there and then now we’re going to look at eBay Canada and look at what the prices that it’s selling for on eBay Canada.
And you're going to be just blown away about what you're going to be able to do here in a second and how much money you can really make. So eBay Canada you can see it selling for $866.00 so if you’re starting to get an idea to what’s going on here, check this out. Wen you have an eBay account you can actually log in with your one eBay account to all of this eBay’s so you can logged in to eBay.com and actually buy a camera lens for around $739.00 and then you can turn around and sell it on eBay Canada for $866.00.
That right there is eBay Trading and I’m just going to keep coming with it further so you can see that there is more than to it than just buying on one market places selling or another. And that is what my calculators for. So just going to take a couple minutes here for me to go through and grab all this prices but I’m not going to pause the video because I want you to actually see how long it can take some time and sometimes it looks like its finish and it’s still loading so you just let it be. And you can see this one the average price is a $1,006.00. So let’s go back to the calculator so you can see now on eBay UK, it’s already selling for a $1,000.00. So here, I can—right now, I could buy on eBay.com for $739.00 turn around and sell on eBay UK for a nice little profit there.
Well let’s still look at eBay.com in Australia, because that on, that’s still it’s an English so I am in the US I don’t understand French, if I did I would jump on eBay France and pull the price there too. But I am just sticking with those boxes and the orange its okay, so now you can see we went through all this boxes. Now, just to show you if you do know
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