Top Wholesaler Online - Everyone Please Read.

  • avatar

    by: productsplus1976
    SaleHoo Junior Member
    39 posts

    Top Wholesaler Online - Everyone Please Read.

    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.
    _________________________________________
    First thing first research your products. Don't get screwed out of your investment by making a big mistake on your product line..
    ----------------------------------------------------------------
    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.
  • avatar

    by: salehoo_group
    SaleHoo Staff
    2085 posts

    Re: Top Wholesaler Online - Everyone Please Read.

    Very good post productsplus1976!

    In addition this is another way we suggest you look into this area: eBay Arbitrage -

    Check out the a latest blog post on the SaleHoo Blog. Add a comment

    Wholesale Directory by SaleHoo

  • avatar

    by: Centercorp
    SaleHoo Master Member
    179 posts

    Re: Top Wholesaler Online - Everyone Please Read.

    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
  • avatar

    by: Centercorp
    SaleHoo Master Member
    179 posts

    Re: Top Wholesaler Online - Everyone Please Read.

    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
  • avatar

    by: shane
    New SaleHoo Member
    2 posts

    Re: Top Wholesaler Online - Everyone Please Read.

    Great stuff everybody.
  • avatar

    by: Nando
    SaleHoo Senior Member
    95 posts

    Re: Top Wholesaler Online - Everyone Please Read.

    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.
  • avatar

    by: jimmy_huber
    SaleHoo Master Member
    2919 posts

    Re: Top Wholesaler Online - Everyone Please Read.

    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

  • avatar

    by: calikas
    New SaleHoo Member
    3 posts

    great info here guys thank you

    i'm new here, not sure what i want to sell yet. still feeling this site out.