Score one for the packrat! I don’t think of myself as someone who will eventually end up on a reality television show, climbing over piles of junk, refusing to abandon that old dish rag. I do however have an appreciation for stuff, my wife does not. So in the spirit of compromise it is necessary from time to time to lighten the load and part ways with some of my collection. Like any self-respecting eBay Power Seller with just a bit of research my junk is quickly converted into eBay products to sell for a nice profit. Below are five niches I just found while clearing out my closet.
A reputable wholesale distributor will want to do business with a small business owner. This might scare you away, but it shouldn’t. It’s not a difficult task to get a business license in your particular state. Once again, this takes research, but once you have this taken care of, you can move to the next step.
There is another China sourcing method you can use and that is drop shipping. This is where you get a company that will stock and ship out the product on your behalf. All you do is purchase the product when the buyers pays you and any difference is profit. This can be very effective as long as you have a reliable drop shipper.
To start an eBay business, you need stuff to sell. There are tons of ‘wholesalers’ out there, but most of them are middlemen and scammers. To succeed on eBay, you need quality products, and most importantly, REAL wholesale pricing. The stuff that you find in the search engines are mostly middlemen that will charge you high monthly fees and/or give you marked up ‘wholesale’ pricing that will give you no chance at making money. eBay charges listing fees and closing fees to sell on their site. This means you need big margins to make money. Using a simple cookie cutter solution is asking for failure.
First, you want to learn how to pick the best items to sell on Ebay. Look for items that sell quickly. Knowing what’s hot on Ebay currently will help you get an idea of the type of wholesale relationships you want to cultivate. After all, what is the point of arranging to sell horse sadles if there is no real demand on Ebay for them?
How do you find these vendors? Just search for directories of wholesale dropship supply companies. There are both free and paid directories at various price points. These wholesaler directories list all companies which are willing to provide goods for resale by third parties like yourself. You’ll need to ensure that these listed companies also handle order processing and delivery.
UxSight Reviews – China Based. UxSight is about lifestyle improvement at a reasonable cost. We provide the largest selection of consumer goodies at bargain prices. Good luck in finding the deal that works for you, and congratulations in finding us. We always have something for you.
Making a business plan for your product sourcing for eBay strategy does not have to be complicated. When you are new, it is better to stick to basic principles and keep your plans simple. As you gain experience, you can adjust your plan accordingly.