Wednesday, January 28, 2009

Hot eBay Item - The Snuggie

Ok, this one just makes me laugh. The product may be great, but the commercial is ridiculous. My 12 year old son and I laugh at the family wearing these to a football game. Come on, get real. No 12 year old kid is going to go anywhere with that thing on - he'd get beat up.

The commercial says you get two Snuggie blankets for $19.99. (So that would be about 10 each plus shipping.) These are selling on eBay for an average of $20 each. Some sellers are profiting on the shipping, charging $24 or more. This item does NOT cost $24 to ship!

The week before Christmas, they were selling for over $100 each. The issue was shipping time: If you ordered it through the 1-800 number or online, it took 4-6 weeks to ship. Some smart eBay sellers bought them ahead of time and had them on hand to sell to the highest bidder. (This tip was announced on my Facebook group back in December.)

Snuggie Royal Blue w/ bonus light

sells on for $18.84 plus shipping. Sellers have reported finding them at Walgreens and Rite Aid for less than that, so you might get lucky.

The profit margin is definitely not as high as before Christmas, but Snuggies are still selling. Click here to see completed listings on eBay.

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Related articles:

How to Increase Your Profit Margin on eBay

Make Money Selling As Seen on TV Products on eBay

How to Know What to Sell on eBay

Use the Free eBay Research Tool

Happy Selling,
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