SaleHoo Wholesale Directory

[cooldeals2go]

Also, Please Be aware of paypal, as they freeze accounts,
we have lost over 12,000. from them,
Get a Real Merchant account ! paypal is not fdic insured, and is not a bank,
do yourself a favor and do a search on google for paypal problems!

dont become another victim!
sorry to kinda go off topic , But
We learned the hard way!
now we use google, much safer!

[fire_chief_sa]

Sometime last year we set up a group buying directly from china - wholesalbuyersgroup, worked pretty well with guys from all over the world buying the same product -- our affiliate in China split shipped to all the different buyers.

The site became heavy maintenance and was restricted due to each person wanting to buy their own thing so we closed it down.

I still think such a supply chain can work but needs to be built around niche products with common buyers. I still use our China affiliate offices for CCTV purchasing and the occasional electronic purchase.

We where getting incredible prices when we could agree on a product - so maybe group purchasing is the way to go. I have never found a wholesaler could give me close to the prices we paid in china.

[maqsmart]

You guys have provided many different ideas for newbies on how to get started on eBay but in general, you failed to provide a very critical point. The bottomline- eBay is oversaturated with items of every kind. It is so competitive that unless you can sell a large volume of items, you are not going to make much money. If anyone is telling you otherwise, they are not setting an accurate picture. For example: I just sold two items on eBay recently and made a net profit of about $12 on each item. That means I have made $24 dollars on two items after all the fees. This $24 isn't going to help me make a living. However, if one can sell a large quantity, let say of 100 items with net profit of $12 on each item...that's 100 X $12 = $1200. Now that's more respectable money. Get the idea? eBay is about selling item at low profit but at large volume.

Now about dropshipping. I have found that dropshipping is a waste of time because you won't make any money. At eBay, you will find lower price than your dropshippers will give you for the same item.

Just my 2 cents.

[fire_chief_sa]

Saturation is part of the territory on ebay and other auction sites.

If you try a new product, that involves risk and you could be left with a whole lot of stock. There are basically items that will always sell - but the mistake that many make is thinking that they are going to sell tons of any given product. In reality each seller is moving 4-5 of any specific item per month. Of course there are the exceptions, where someone has got such a low price on the product, or has risked a new product with success.

Even then within a short space of time other sellers will enter the market and you still run the risk of being caught with tons of stock.

I don't believe wholesale or bulk buying is a fool proof strategy for ebay. If you research with software like hammertap, you'll find products with a high % of sales to listings. Be careful of being taken in by that high percentage, you need to confirm that the volume of actual items sold is also relatively high like over 300 or 400 items sold per month. Once you check the number of sellers, you will find maybe 10-20 sales per seller in some categories.As long as you can be competitive in price and pay attention to your actual listing, there is no reason why you won't be able to perform similarly.

The strategy then may not always be in buying bulk. Calculate what you could reasonably expect to sell per month based on sales volumes, sell through rates, and number of competing buyers.

Use this data to determine which variety of products -- and that's the key, having more than one type of product. With a number of products selling 7-8 pieces per month, you could actually make a proft. You can use the data to calculate potential profit after fees and costs.

Many of our members on wholesalebuyersgroup looked for 60-70% sell through rate. Lets say you are selling bluetooth dongles and they have a high sell through rate -- that's great, but you would have to literally sell hundreds per month to make a living off it. Selling hundreds per month of any product is unlikely for a single seller. Add into it the effort of packaging and shipping 500-600 dongles at around $1 or $2 profit per piece and it's easy to see that we don't really want to be doing that.

Conclusion:

Research the highest volume sellers, not sell through rates.
Check how much competition there is in that line
Calculate what each seller could move in a month.
Calculate the monthly expected profit you could make on the product
buy enough stock for say three months supply - usually this will never be more than 50 pieces of any item.

Then you have to find supply at the right price - not easy for small volumes like that. Wholesalebuyersgroup was designed to accomodate exactly this- many buyers of 20-30 pieces buying different items, directly from China, as a group.

Perhaps I should get the group back up an running -- anybody interested?

[matthewlewis80]

[quote="
Perhaps I should get the group back up an running -- anybody interested?[/quote]

Very interested. I have some experience with china suppliers, and am currently a powerseller. I have money to spend, just need products that are profitable for ebay. Let me know, I can send you my email if you want.

[vova86]

[quote="productsplus1976"]
If your new to ebay stay away from high dollar items untill you can buy the items at rock bottom prices.

what do you mean by "untill you can buy the items at rock bottom prices" where can these "ROCK BOTTOM PRICES" prices be found or achieved? i've been looking around for quit a while and kind of getting dissapointed in making a buisness in online sell. i really want to make it work. i spent a large amoung of time searching for item at these "rock bottom prices" but it seems like noone has them. recently i'll purchased 5 laptops and it pretty much turned out just like the story you told above. i need some help. could someone help or explain to me where these "rock bottom prices" can be found. it seems that nomatter what item i find at wholesale price, others have it selling much cheaper on ebay. are there supliers i dont know about? where can these peaople get these products so cheap? can some one please help me out? maybe someone could even be so kind as to talk to me over the phone, and answer some of my questions. iam very new to this business but i really want to make this business work. my life depends on it.

[atozdeals_llc]

as i would like to know as well thanks!

[liana]

Thanks everybody who post anything here. These information I received here is valuable to me.

[imufo]

AND I'm a newbie AND I was getting ready to list some large items!
What a post for me to come upon
THANK YOU SO MUCH.
I probably wouldn't be here next month.
Thanks.
Leo Ponder
** Link Removed: Only Available to Registered Members**
** Link Removed: Only Available to Registered Members**

[waynester*buyer]

Great advice! I'm surprised at how many people do not realize that their "what to sell" question awaits them on eBay itself. I've been doing it (Buying and Reselling) for a couple of years now. Most folks do not know that many liquidation companies are unloading goods from top shops like Sharper Image, Sears, Circuit City and others. HOWEVER, unless you know what you're doing it can be very frustrating. There are some free tools available that helps automate a ton of work.

Wayne Larimore
** Link Removed: Only Available to Registered Members**
** Link Removed: Only Available to Registered Members**

[thefriendliestguy]

waynester*buyer do you have an recommendations of free tools, for us to use please?

By the way I notice a few of you say that you dislike PayPal, you should try these Payment Methods:

PayMate
MoneyBookers

These ones above are very helpful.

As for Auction Sites I use the following:
my username is thefriendliestguy on each of them, except eBay I use thefriendliestguyever
** Link Removed: Only Available to Registered Members** (referral number: 43839)
** Link Removed: Only Available to Registered Members**
** Link Removed: Only Available to Registered Members**
** Link Removed: Only Available to Registered Members**

I hope this helps you

[LewisM3]

All the advice here seems pretty good. I am not so sure I would be selling a laptop with only a fifty dollar margin...lol. I have sold enough on Ebay that I quit my job at The Home Depot were I was a manager and have set off on my own. Having your own website is really the way to go. I am learning a lot about the in's and out's of web design and web hosting. The advice by mvm is right on the mark. Ebay taught me a lot of lessons the hard way, and it was much cheaper to learn them on Ebay then it would have been through my own website. Invoicing, paypal transactions, shipping and handling, and Knowing where to start the bidding or how to make a profit are all the things I learned first on Ebay. So take mvm's advice and start on Ebay... when the dollars you are making on Ebay start to meet your J.O.B. (just over broke) income then make the move to your own website. But have some dollars tucked away, nothing happens over night. Way to go Salehoo. :lol:

[nusaint2000]

Saturation is part of the territory on ebay and other auction sites.

If you try a new product, that involves risk and you could be left with a whole lot of stock. There are basically items that will always sell - but the mistake that many make is thinking that they are going to sell tons of any given product. In reality each seller is moving 4-5 of any specific item per month. Of course there are the exceptions, where someone has got such a low price on the product, or has risked a new product with success.

Even then within a short space of time other sellers will enter the market and you still run the risk of being caught with tons of stock.

I don't believe wholesale or bulk buying is a fool proof strategy for ebay. If you research with software like hammertap, you'll find products with a high % of sales to listings. Be careful of being taken in by that high percentage, you need to confirm that the volume of actual items sold is also relatively high like over 300 or 400 items sold per month. Once you check the number of sellers, you will find maybe 10-20 sales per seller in some categories.As long as you can be competitive in price and pay attention to your actual listing, there is no reason why you won't be able to perform similarly.

The strategy then may not always be in buying bulk. Calculate what you could reasonably expect to sell per month based on sales volumes, sell through rates, and number of competing buyers.

Use this data to determine which variety of products -- and that's the key, having more than one type of product. With a number of products selling 7-8 pieces per month, you could actually make a proft. You can use the data to calculate potential profit after fees and costs.

Many of our members on wholesalebuyersgroup looked for 60-70% sell through rate. Lets say you are selling bluetooth dongles and they have a high sell through rate -- that's great, but you would have to literally sell hundreds per month to make a living off it. Selling hundreds per month of any product is unlikely for a single seller. Add into it the effort of packaging and shipping 500-600 dongles at around $1 or $2 profit per piece and it's easy to see that we don't really want to be doing that.

Conclusion:

Research the highest volume sellers, not sell through rates.
Check how much competition there is in that line
Calculate what each seller could move in a month.
Calculate the monthly expected profit you could make on the product
buy enough stock for say three months supply - usually this will never be more than 50 pieces of any item.

Then you have to find supply at the right price - not easy for small volumes like that. Wholesalebuyersgroup was designed to accomodate exactly this- many buyers of 20-30 pieces buying different items, directly from China, as a group.

Perhaps I should get the group back up an running -- anybody interested?

Fantastic Stuff.This information is priceless.I really app it.

[skpgroup]

All the advice here seems pretty good. I am not so sure I would be selling a laptop with only a fifty dollar margin...lol. I have sold enough on Ebay that I quit my job at The Home Depot were I was a manager and have set off on my own. Having your own website is really the way to go. I am learning a lot about the in's and out's of web design and web hosting. The advice by mvm is right on the mark. Ebay taught me a lot of lessons the hard way, and it was much cheaper to learn them on Ebay then it would have been through my own website. Invoicing, paypal transactions, shipping and handling, and Knowing where to start the bidding or how to make a profit are all the things I learned first on Ebay. So take mvm's advice and start on Ebay... when the dollars you are making on Ebay start to meet your J.O.B. (just over broke) income then make the move to your own website. But have some dollars tucked away, nothing happens over night. Way to go Salehoo. :lol:

One question for having ebay store and own website. How do you price the same products in both ebay and own website. You have to price it low in ebay since the competition in ebay and you can price higher in own webite. If you add links to your own website from ebay listing, users come from ebay will see the price difference. Is it a problem? Or just price the same for both?

[TopDeals08]

whatever you sell on ebay there is a percentage of the final sell price.Pay pal does the same thing.The charge depends on what your item sells for. Hope this helps you.
They also rob you blind with all their lil insertions fees,transaction fees etc. I'm mostly using Ebay to buy. I do not have any listings on there at the moment.