|
Welcome to the SaleHoo commmunity forum. Here you will find a huge amount of resources on dropship, wholesale and liqudation suppliers and advice on how to deal with suppliers. Please register or login to gain full access to the forum. Without registering you will be unable to post comments, view links and find suppliers. Registration is quick, simple and for lifetime access! |
Forum Home > Selling Goods Online > Top Wholesaler Online - Everyone Please Read.paypal charges 3.5% plus a flat fee of $0.35. So if you are collecting a total of $100 you would pay a fee of $3.85. It is the easiest way and in my opinion the most widely trust form of payment on the internet
Thanks so much for this sticky. Its really good advice. I have seen the cameras and computers going....and wasn't sure whether i want to stick to my hobby...scrap booking. or go in another direction with computers and peripherals (sp?) and such. I see the high price signs...and i just wonder what the down side is. I am also struggling with finding wholesalers for my small priced scrap booking items. but you say eBay eh....Canadian here. I will looking into spending some investment funds on eBay and sell them back. i just wonder how much of a profit i will be making. is it worth it.??? I struggle with the unanswered!
Laura Ann :) Laura England
BUY IN BULKsO THE PRICES GO WAY DOWN IF YOU BUY IN BULK SO YOU'LL BE ABLE TO COMPETE WITH THE EBAY PRICES? WHY DOESN'T IT SAY THAT IN THE STORES PRICE LISTINGS?
Re: BUY IN BULK
Well, it does say it in their price listings technically. Though it is very hard to read, and most often you have to look at the fine print! Another thing that some people may not be aware of, you can open your own auction listings for free at a whole arena of websites like ** Link Removed: Only Available to Registered Members** and ** Link Removed: Only Available to Registered Members** Then if you want, you can keep those listings open indefinitely and link them directly to your web store. I had forgotten how nifty that is, because I just saw I had bids on my item over at the free site!! And what's more, you CAN link your free auction listings straight to your web store and drive all the traffic coming to your website/ storefront to the items and therefore make instant sales. It DOES work and is legal if you have alot of traffic going to your store.
*******DELETED BY ADMIN*******
This user is not a registered Seller For ** Link Removed: Only Available to Registered Members** Be advised it is not recommended that you contact this person untill they have registered with ** Link Removed: Only Available to Registered Members** as a Seller and have been cleared to sell to salehoo members. When they have been cleared they will have the title *****Registered Seller ***** under thier username. Sellers can register with salehoo for free. By visiting this link for further information. ** Link Removed: Only Available to Registered Members** If you continue to post without salehoo approval your posts will be deleted and you account may be removed If we decide to do so. Thanks / Jimmy_SaleHoo
Liquidation.comLots of good advice here. Im a newbie too. I like Liquidation.com but do you need to already have an established business name with TAX ID all first ?
the panhandle site is nothing but a reseller for
** Link Removed: Only Available to Registered Members** they are the source
Re: Liquidation.com
Negative. Anyone can buy from them. Jimmy
Salehoo Community Manager Follow SaleHoo on Twitter - FREE TIPS! Liquidation Specials only for Salehoo Members Get Bulk Products from Macy's $99 Profit Packs
liquidation.com is just an auction site, if you wint he bid you get to buy. I have heard in the past that liquidation.com charges high shipping?
Ebay cash backThis is my first post, but along with ebay being the best supplier I wanted to let you in on a little known secret. There is a new website up that allows you to get cash back on each purchase that you make on ebay, increasing your bottom line.
The site is: ** Link Removed: Only Available to Registered Members** Not only do you get cash back on ebay, but also tons of other online stores like Buy.com for example.
Its not really high shipping its the buyer not expecting a 300 pound pallet to cost $250 to ship across the USA. A smart bidder would use the get a shipping quote option before they bid. Jimmy
Salehoo Community Manager Follow SaleHoo on Twitter - FREE TIPS! Liquidation Specials only for Salehoo Members Get Bulk Products from Macy's $99 Profit Packs
Yea good post
But for the new ebayer I would like to say you can sell any thing in ebay wheather it's brand name electronics or non brand cheap produscts. You need to keep in mind before you sell any product in ebay you check how much money will charge by ebay after your product has been sold (ex: insertion, Listing designer,Final value..etc). Now the questions is how do you know that how much ebay and paypal will charge you? I am giving you a website and it will calculate your ebay and paypal fees ** Link Removed: Only Available to Registered Members** So you would know wheather you will make profit or not before list your item in ebay Thanks opekkhha
Calculating ProfitabilityI have seen alot of questions and only partial information about eBay/Paypal selling fees. You can use ** Link Removed: Only Available to Registered Members**, or plug a formula into Excel. Please note that I offer this advice with no statement of warranty as I am not an eBay, Excel, or financial expert! :) After playing around with this system alot I have found something that works for me and decided In order to assist those of you with questions on how to develop your own system I will share the system I use to evaluate the profitability of an item after fees.
For this example, assume that you are listing your item for $.99 or less and letting the bids determine the final price (no reserve) but also have opted to offer a Buy It Now option, that your item will sell for between $25 and $1,000, you upgrade the listing to a value pack (highly recommend), and that you are not receiving any discount from Paypal for volume. This is how you can determine the formula. Insertion Fee: $.20 Buy it Now Fee ($50 or more): $.25 Value Pack Upgrade (subtitle and gallery picture): $.65 Final Value Fee: $1.31 + 3.25% of Sale Price over $25 Paypal Fee: 2.9% Sale Price + $.30 Total Fixed Fees: $2.71 Total Variable Fee: 6.15% Depending on what upgrades you use and your paypal volume you can customize the total fees for yourself. Also, in an effort to keep this simple when I calculate the profitability for myself I do not take into consideration that eBay's final value fee percentage does not include shipping but PayPal's processing fee does so the potential profit data I collect is slightly less than the actual (exactly 2.9% of the shipping fee); if your shipping charges are expensive you may want to figure that into your equation. My Formula comes down to the following: .9385(Final Sale Value) - $2.71, - Purchase Price = Potential Profit For Instance if you have the final sale value stored in cell A1 and purchase price stored in cell A2 In Excel: =Sum(Product(.9385(A1)),-A2,-2.71) If you do not want to use Excel you can obviously do the equations by hand. However, using Excel offers another great benefit: YOU CAN TRACK WHAT SIMILIAR ITEMS ARE SELLING FOR AND PLUG IT DIRECTLY INTO THE FORMULA! If you are performing the proper due dilligence on market conditions for the items you want to sell, you are most likely watching (and should be tracking) the sale prices. Usually I look for auctions most similiar to one I am interested in offering. For instance, does bidding start at the same amount as mine, is there a reserve or not, where is the buy it now set, shipping cost, etc. The more similiar the auctions you watch are to your own the more accurate your data will be. (NB: There is never any gaurantee that your item will sell at auction for equal, lower or higher price than any other previous auction, with no reserve, but it is certainly a good indicator.) This is how I set this data for myself in Excel: A1 - Item Description (plain text) A2 - Price I paid for item including all delivery and other fees A3 - Blank space to seperate data A4-A13 - 10 recent and actual sale prices collected from eBay A14: Profit formula($):=SUM(PRODUCT(0.9385,(AVERAGE(A4:A13))),-A2,-2.71) A15: Profit foumla(%):=(A14/A2) Please forgive me if there are any syntax errors. I am not an Excel whiz by any means. You can use the extensive help system in Excel to learn more about it for yourself. I hope that this can help some of you select the right items to sell (and what type of auctions are best for your products) and maybe even turn a profit! :)
Forum Home > Selling Goods Online > Top Wholesaler Online - Everyone Please Read. |