SaleHoo

**allcomcb** 07/07/2007 20:38

Well granted I am new at the wholesale industry but I made my first purchase from liquidation.com for about 7 digital cameras. I made a stupid beginner mistake and thought all 7 would be in proper working condition. Only 4 were in ok condition and I ended up selling all of them but i lost about $200.00. Now I realize what the term quantity variance means...lol 2months b4 that i bought 2 apple ipods from a chinese supplier and lost 300.00 because they were fake. I dont have alot of extra money to keep wasting and its getting very aggrivating. I have learned alot in the last 4 months though. I have one other possible idea on Mkenterprise.com so hopefully my luck will get better, although I am a little nervous about the wire transfer payment method they require. My question is for the experinced ebay sellers. Did this ever happen to you?

**CJ15_5** 07/07/2007 23:07

I have noticed the emphasis on NOT doing wire transfers.
I didn't think of the possibility of faulty merchandise. Isn't it under warranty?? Now I AM worried.

CJ

**Berk LLC** 08/07/2007 01:23

MKenterprise is used by a lot of salehoo members. I have not personally used it, but I'm sure Jimmy and others would recommend it. I believe you are safe send wire transfers to them. On liquidation.com you need to check the condition of the merchandise. There are about 5 different types, (returns, new, shelf pulls, salvage...) I would stick to shelf pulls and new personally. I have lost lots of money getting started selling as well. Keep at it and be careful and you will eventually learn enough to turn a profit.

**jimmy_salehoo** 08/07/2007 06:05

If you are talking about loosing money. I must say I loose it all the time. Its just part of business. I normally invest in what I know is a proven steady money maker. I also set aside profits for loss potential purchases. We generally loose about 400 to 800 a month on risky purchases but on other items we still make nice profits. Its just part of the trade. You have to be willing to loose on some, But just make sure your not loosing on all. Invest in multiple areas and dont devote all your money to one product source.

As far as mkenterprise we have several hundred members that have purchased from them. Some consider thier prices to be expensive but they do carry items that have nice profit potential. Its just based on where and what market you are selling to.

**DropShipWholesalers** 08/07/2007 20:51

Another tip is that don't buy too much from a new supplier that you haven't used and try to keep it to a low ticket item until you have verified everything is good such as shipping time, item quality, etc.

Then you can swing for the fences on buying bigger ticket items or in bulk when their verified.

**james** 10/07/2007 06:09

I don't love loosing money, if i do loose money

**bacpro** 10/07/2007 21:37

I did the same mistake, on my first
purchase at Liquidation. I bought
some Telephones Pansonic cordless.

30 phones 10 were good....So now I
stay away from returned merchandise.

So be careful!

John

**mrwebfriend** 12/07/2007 06:07

so totally on conclusion time and luck matters here. send money sit at your home and watch for the yellow cap *&^#er. crazy. 100% no guarantee. its better to do day job and keep moving more than doing this kind of &^%#.

at dhgate.com its a waste of time. its like a ocean. u have to find the perfect seller on your own with your eyes closed. crazy ^**(^( shipping calculator is real &^%& at dhgate for $1000 purchase u pay $ 1250 in shipping. what the hell..i was about to kick on my monitor...
:oops:

**DropShipWholesalers** 12/07/2007 13:39

Make sure if you're using a supplier you have never used before to try a small order and low price so you can test out things like shipping time, quality of product, etc.

Then you can swing for the fences on larger items after you make sure you are using a reputable supplier.

**babefemme** 13/07/2007 04:52

mrwebfriend wrote:so totally on conclusion time and luck matters here. send money sit at your home and watch for the yellow cap *&^#er. crazy. 100% no guarantee. its better to do day job and keep moving more than doing this kind of &^%#.

at dhgate.com its a waste of time. its like a ocean. u have to find the perfect seller on your own with your eyes closed. crazy ^**(^( shipping calculator is real &^%& at dhgate for $1000 purchase u pay $ 1250 in shipping. what the hell..i was about to kick on my monitor...
:oops:

LOL, Sorry, I really shouldn't laugh. But for those of us who've been at this for a while... well, it's happened to us all. The only way to get over it is to laugh about it and put it down to experience and try to avoid it happening again. Like the time I purchased a supposedly brand NEW ipod from a dhgate seller and have it dropshipped to an ebay customer. ONly to find out it was a refurb which resulted in the only negative feedback rating I have received.

To be honest I think Ebay sux... buyers are only interested in rock bottom prices and sellers foster that unrealistic expectation by engaging in price wars (I want to make much more than $5 profit selling an ipod but I think many ebay sellers are doing just that)... making it extremely difficult to make a profit. ONly the sellers with extremely cheap suppliers have any hope of competing... especially on top ticket items.

Having said that, there is one really good way to profit on ebay which is not dependant on having inventory or dropshipping at all. And that is to sell information products (downloadable ebooks, videos, audio files). Either your own creations or those you have resale rights to.

Another suggestion I can make is to dump ebay or "feebay" as many call it since they are so greedy for fees... and try some of the smaller auction websites (just do a search for auction websites on google, there are plenty out there) They have much less competition meaning much more room for profit.

Julia

**jimmy_salehoo** 13/07/2007 05:17

Another suggestion I can make is to dump ebay or "feebay" as many call it since they are so greedy for fees... and try some of the smaller auction websites (just do a search for auction websites on google, there are plenty out there) They have much less competition meaning much more room for profit.

This would all work well if other sites were as popular. There might be some market for items on other sites but ebay is way more popular as it is a household name. Heck they are even including ebay on big motion pictures.

Transformers the movie quoted ebay at least a dozen times :D

**classic5000** 13/07/2007 14:41

Hi, Im new here.. I totally don't understand how would it be at all possible to make any profits on Ebay... Maybe I'm missing something. I looked into about 300 different products that I could get through the wholesalers via salehoo, and to my amazement, pretty much every product would sell for about 5 bucks cheaper on Ebay than what I could buy it for.. I'm kinda stuck... I know that Ebay is just a dog race, but I also understand that powersellers wouldn't keep on doing it if it wouldn't be profitable. Any help appreciated.

**Sahfire** 07/08/2007 21:12

I guess they buy very large amount of items...

**fudjj** 08/08/2007 07:38

BINGO, buying in large volume is the key to making money on ebay, if you don't have the cash to buy big and get volume pricing, you will get eaten alive!

**bacpro** 08/08/2007 17:24

Yea, I bought some patatoe peelers from
liquidation.com and they are new and now I can't give them away.

John (bacpro)

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Gotta love loosing money!

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