Let’s estimate the amount of eBay sales of eBooks about making money. Sellers strive to differentiate their products by using different keywords and categories. So the best approach is to research the big sellers and multiply by a fudge factor to account for the small sellers. Let’s call the fudge factor 2.
I’ll start with Kekoa64. He sold $7.5K in 30 days a few months ago. jjfjq sold $4.5K and mysterygiant ~$1K. These three sellers had combined sales of over 1,135 eBooks during this 30 day period and $13K in revenue.
Multiplying by 2 produces an eBay sales figure of “Make Money” eBooks of $26K per month. That’s $312K per year! The only cost of sales is eBay fees. That’s the sweetest market I’ve ever seen.
Now I should mention for comparison purposes that Skip McGrath sells printed material on how to make money on eBay. During the same period, he sold $1.5K in books and another $9.5K in lighting kits for sellers.
Yes, this is a great niche, if you can get in it. But there are really only three sellers making a living on it out of 1 million eBay sellers. And these three aren’t just average people, either. They’re extremely sharp.
Details for Kekoa64 – 30 days of eBay sales in January, 2008.
Totals and pricing
|Revenue:||$7,512||Average Sold Price:||$9.99|
|Total Listings:||13||Lowest Sold Price:||$9.99|
|Successful Listings:||12||Highest Sold Price:||$9.99|
|Bids:||752||Frequent Sold Price:||$9.99|
|Cat #||Category Name||Listings||Revenue||Sell- Through||Avg Sold Price|
|102485||Information Products > How-To Guides > Self Employment”>Everything Else > Information Products > How-To Guides > Self Employment:||8||$6,723||100%||$9.99|
|1469||Weird Stuff > Totally Bizarre”>Everything Else > Weird Stuff > Totally Bizarre:||2||$649||100%||$9.99|
|64355||Cell Phones > Phones w/o Service Contracts”>Cell Phones & PDAs > Cell Phones > Phones w/o Service Contracts:||1||$0||0%||$0.00|
|378||Nonfiction Books”>Books > Nonfiction Books:||1||$80||100%||$9.99|
|46689||Other Industries > Websites & Businesses for Sale > Internet Businesses, Websites > Other Internet Businesses”>…Other Industries > Websites & Businesses for Sale > Internet Businesses, Websites > Other Internet Businesses:||1||$60||100%||$9.99|
|Type||Listings||Revenue||Sell-Through||Avg Sold Price|