Wholesale & eBay Forum » Selling Products Online » Top Wholesaler Online - Everyone Please Read.
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Top Wholesaler Online - Everyone Please Read.
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by: productsplus1976
SaleHoo Junior Member
39 posts
Top Wholesaler Online - Everyone Please Read.
Posted 9 Nov 06 10:35 am.
I see many new messages every day with new members looking for the best wholesale deals and what companies to get them from.
Most of you don't even think to imagine that your best wholesale deals come from the same place you're wanting to sell on.
==============WWW.EBAY.COM=================
You can buy every wholesale list and guide on the internet but you will find the best deals right on Ebay.
Just click the BUY tab and Search for any product line you're interested in and Add the word or words: 'LOTS' or 'WHOLESALE LOTS'
The same online wholesalers are selling the same items on EBAY for generally less then they sell them on their own websites because of a much faster turnover rate for their Overstock, Closeouts, and Liquidation Products.
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First thing first research your products. Don't get screwed out of your investment by making a big mistake on your product line..
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My advise to you on one big thing, stay away from top brand name electronics products or you will get washed away. Statistics show that 75% of new Ebayers try to sell heavy items like Digital Cameras, Computer Parts that are high in demand. And the very same statistics show that 90 % of those new Ebayers give up in the first year because they lost way too much money trying to sell the products and got eaten alive by the hidden end of item charges that Ebay stamps on you for high dollar items. The average Ebay noobie will try to find a product from a dropshipper or supplier that can supply the product for let's say 20 bucks lower then the average selling price on Ebay. They spend about 5 bucks to list the add and more if it doesn't sell the first time. Let's say the item in question is a laptop PC. The seller can get it for $1,650 from a dropshipper. The average selling price on Ebay is. $1,700 .. The new seller goes ahah I can make money on this, 50 bucks is a good profit. They then list the item and well it sells for $1,700. The seller would quickly assume hey I made 50 bucks. Well a month later they receive their Ebay invoice and it has a fee of $69 dollars for the closing value fee and then paypal hits you with a $30 dollar processing fee for processing the credit card transaction.
Well it looks like the seller is in trouble. He didn't make any profit at all but he sure lost a lot of money. On top of that before he actually realizes his mistake he's already sold 30 items of high value, thinking he made $1500 bucks only to find out he owes ebay and paypal $2970 and when he can't pay, his account gets closed and he loses his interest in Ebay and sticks to his 9-5 job.
If you're new to Ebay, stay away from high dollar items until you can buy the items at rock bottom prices.
Start small and buy your wholesale directly from Ebay. -
by: salehoo_group
SaleHoo Staff
2057 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 9 Nov 06 8:18 pm.
Very good post productsplus1976!
In addition this is another way we suggest you look into this area: eBay Arbitrage -Have you got your own online store yet? Check out our latest creation, SaleHoo Stores!
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by: Centercorp
SaleHoo Master Member
178 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 11 Nov 06 5:41 am.
Excellent post! It goes to show that in this business the importance of R&D (Research and Development) cannot be stressed enough! Always remember to calculate everything, from beginning to end!
-Benjamin -
by: Centercorp
SaleHoo Master Member
178 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 11 Nov 06 5:43 am.
P.S. I vote this to be a sticky, its great advice and I'd hate to see it get 'lost in the sauce'.
-Benjamin -
by: shane
New SaleHoo Member
2 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 22 Nov 06 5:09 am.
Great stuff everybody. -
by: Nando
SaleHoo Senior Member
95 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 14 Dec 06 1:14 am.
Great post but the problem is that when you buy wholesale lots on ebay, there are a lot of interested people and a lot of bids. So you almost end up paying the same amount as at a whoelsaler.
The best way to buy at really good prices is at link hidden they have great lots of ipods and laptops.
They have a lot of returned items form Best Buy some are in good condition and with retail box. They have auctions where you end up paying between $30-$50 each ipod. So you can still sell them on ebay for $30 more. Imagine if you have a quantity of 40 items to sell that's a lot of money you can make. -
by: jimmy_huber
SaleHoo Master Member
2868 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 14 Dec 06 5:23 am.
Well just as on eBay I have seen lots on liquidation.com go way above its value on eBay. But it seems everyone always goes back to ipods lol. I have never seen ipods go that low on liquidation.com but I have seen them go at a price where you stand to profit $30-$40 bucks on them.Wholesale Directory by SaleHoo
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by: calikas
New SaleHoo Member
3 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 19 Dec 06 10:30 pm.
i'm new here, not sure what i want to sell yet. still feeling this site out. -
by: mana2006
SaleHoo Master Member
379 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 20 Dec 06 1:56 am.
sounds like pretty solid advice to me. I also like buying cheap items to start and barely making a profit or even losing a small amount of money to get ebay ratings. Ratings in the long run will help with other items. -
by: smadau
New SaleHoo Member
1 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 27 Dec 06 9:35 pm.
I see no mention on doing Drop Shipping. I don't want to be overloaded with ideas. Just want to get my footing and start off as a part timer. -
by: Club2007
SaleHoo Junior Member
10 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 1 Jan 07 4:57 am.
Thank you for posting this. Very useful. (You know what I mean) -
by: lifelucrative
New SaleHoo Member
1 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 2 Jan 07 3:30 pm.
I don't have my own website, but I am very interested in selling online. Does anyone have any suggestions for newbies like myself? Ultimately, I want my online income to replace my job income. For instance, should I get my own site or sell on eBay? Any suggestions for good places to get a website?
Your input is greatly appreciated. -
by: wtejr66
New SaleHoo Member
5 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 5 Jan 07 10:44 pm.
Lifelucrative,
You need to spend time in researching what niches would be profitable for you. Selling on eBay and selling with your own site can both be profitable. I have chosen to sell with my own site due to the fact that you just have more control over what you can list and how you can market your product. My own opinion would be to look into Yahoo Stores. I have been very pleased with my business relationship with them and their customer service is great. Feel free to email me directly with any questions you may have. -
by: mvm
Approved Supplier
215 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 9 Jan 07 5:28 pm.
I don't have my own website, but I am very interested in selling online. Does anyone have any suggestions for newbies like myself? Ultimately, I want my online income to replace my job income. For instance, should I get my own site or sell on eBay? Any suggestions for good places to get a website?
starting out on ebay is a good idea when starting a business for many reasons...
Your input is greatly appreciated.
1. Learn about marketing items - price, desc, pictures etc. These are all impt when rolling out your own website
2. Dealing with customers - customer service is crucial to a business, and you meet all kinds on ebay :)
3. Learn how to best package an item
4. Learn how to best ship an item - USPS, UPS, FEDEX etc - use insurance? tracking? etc
4. Learn how to accept payments - Paypal rules can take a long time to get down pat
5. CONFIDENCE in your product and your business skills
Once you have mastered the art of 'EBAY', creating your own website would be a fantastic idea.
EBAY is a great way to market your website (FREEEEEEEE).
Simply add a link to your about me page in each and every ebay ad.
Then, on your about me page, be sure to entice people to visit your website. Make the link clear and appealing. There you go, Free advertising for your website, and those who click on your link are already interested in your product and your company!!!
Good luck, dont give up and always take it slow.
TiffanyMountain View Movies
DVDs, Blu-ray & Video Games for the Lowest Wholesale Prices
link hidden
(607)432-5405
Listed Supplier on SaleHoo -
by: Aztec
New SaleHoo Member
1 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 10 Jan 07 12:26 pm.
Hi I have just joined Salehoo, and read your post as a newbie I am enquiring to the cost of using paypal you state that thay charge $30 for a transaction, is that dependant on the cost of the item? -
by: maxt1704
New SaleHoo Member
1 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 19 Jan 07 2:49 am.
Hello,
Someone said it's better to start out small (yes, I am starting out too), and I want to know if anyone here has any small-value/startup product recommendations.
Thanks. -
by: obnseller
New SaleHoo Member
1 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 25 Jan 07 3:30 am.
Hello everyone,
Thank you all for sharing your kind advice.
Am new to Salehoo and trying to find good sources of low cost eletronics.
I already have a good website set up with shopping cart and credit card processing etc.
However, the company am dealing with to drop ship for me seems to sell items to me at market price and also charges me a monthly 'subscription fee' to dropship for me!!! Am not making any money and I know this is a rip off!
Am also starting to hear about other people who have worked with it longer complaining about damaged/ scratched merchandise drop shipped to their customers!
I have invested alot of money and time to get my website set up and just trying to get my foot in the door with a better dropshipper.
Any kind insights, advice, recommendations etc will greatly be appreciated.
Thank you all.
Julius -
by: jimmy_huber
SaleHoo Master Member
2868 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 25 Jan 07 4:37 am.
Want a great place to start selling electronics?
Try link hidden They are the largest distributor of electronics in the USA. Period no if ands or butts about them they are the biggest. And they do dropship if you setup a dropship account with them and supply the proper business information.
A friend just showed me a wholesale catalogue from them last week that had a 13inch flip down LCD monitor for my minivan. It was listed for $175, from audiovox. I don't see any listings near that size for less then $375 on eBay.Wholesale Directory by SaleHoo
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by: jlook41
SaleHoo Junior Member
15 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 26 Jan 07 5:38 am.
Hello all,
Must say that the last string of posts have been great, good job everyone.
I use both ebay and my own website.
But like Tiffany said free ads on ebay work great. But the thing I don't like about ebay is all the fees they charge and now thier talking about requiring out of state sales taxes. what's up with that??
There are a lot of other ways to drive traffic that are as good if not better in the long run, and also free.
Just some thoughts
jlook41 -
by: isis17
SaleHoo Junior Member
16 posts
Re: Top Wholesaler Online - Everyone Please Read.
Posted 31 Jan 07 5:24 pm.
I have been trying to sell on ebay for the last three years,and always give up and then go back to it. Can never get products cheap enough so i can profit.Ebay and paypal need to be fed,lol.Now Im out of work due to medical problems and have to try again.In the past Ive sold costume and real jewelry.If i list a diamond ring ,there are thosands of diamond rings.How do I get people to look at mine without breaking the bank on fees?
thanks for any help.
isis
