After you have cleared the garage / cellar etc. Finding stuff to sell on ebay can be become hard and time consuming work.You could trawl through garage sales and charity shops but this takes time and can be hit and miss unless you really know what you’re looking for.The way many ebay powersellers turn their money making hobby into a full blown ebay business is to buy at wholesale prices and sell at retail.The great thing is that you can do all your ebay wholesaler research at home on the Internet.
First you can search the Internet for details of what products are available from various wholesalers at which prices. You can compare prices and whether the wholesaler will dropship the product etc. Just as importantly once you’ve found a product or products that your interested in you can check to see how much they’re being sold for on ebay and other places on the Internet. That way you can maximise your chances of making a healthy profit.This use of the Internet to research products and their market makes the whole process extremely fluid and flexible increasing chances of success.People who make money on ebay using wholesalers aren’t doing anything new. They’re doing what people have done since the advent of currency, buying products at one price putting their mark up on them and selling them at a healthy profit. The benefit of doing this on ebay is that you don’t need a shop or a website. Ebay acts as a front to your business and does so for free (ok they take a percentage of any sale but they don’t actually charge you for shop space – no sale no fee).It will involve a fair bit of work to start with but as time goes by and you build up relationships with good reliable wholesalers whilst ditching the duds the whole process will become streamlined.It’s important to work out the product life cycle of what you are selling so you can move from a product coming to the end of it’s profitability to the next ‘best thing’ in good time to keep the profits up. Again the Internet will assist you in this market research. Just keeping an eye on what other people are selling on ebay at which prices is a good way to gauge at what stage of its profitable life a product is.
So the way to be profitable with ebay wholesale is RESEARCH, RESEARCH and more RESEARCH !!
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ebay Wholesaler
Posted by csbag at 3:40 AM
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1 comments:
Thanks for giving me an idea.. I've got a lot of stuff in the basement and maybe yes, you're right.. Maybe I can try being an ebay wholesaler even for a week, just to turn my trash and junk into cash..
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