Re: Has anybody dealt with luxurymagazzino.com?
by Satya » 06/10/2009 05:32
Hi onlinebusiness1,
I know it's been months, but I'm happy to give you some suggestions if you still need them.
eBay has become an extremely competitive marketplace and it is not uncommon to find products selling at prices the same as or lower than wholesale. There is more competition than ever, and the truth is it's not as easy to make money as it used to be.
If your feedback isn't skyhigh, then work on it. eBay buries sellers with low feedback ratings in the search listings, so less people are going to see your items for sale. The best way to get your feedback up fast? List as many items as you can and consider having a sale (either reducing the item price or offering free shipping). Even if you lose a bit of money now, you'll reap the benefits in the long term when your feedback is higher and your listings more visible.
You can also buy liquidation – this lets you get name brand products for pennies on the dollar.
If you haven't yet, try selling on another auction site other than eBay – there are heaps to choose from and profit margins are usually better. Overstock, eBid, BlueJay, Amazon Auctions, eCrater and Craigslist are just some of the sites sellers are currently making a killing on.
For reference as to what other members think of Luxury Magazzino, check out the reviews from other members on their profile page:
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And I'm sure if you search the forum you'll find a lot of information about this supplier.
Here are just some of the best sources for brand name clothing:
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Hope you find what you're looking for. Good luck with your business and do let us know if you need anything else at all.
Satya
SaleHoo Support Staff
http://www.salehoo.com/