Maybe it's just me! Maybe I've sold to many used items on line; they seem to be way more profitable than anything new I've found thus far.
Call me spoiled!
I just picked up two more sewing machines today. My cost is $20 US a piece. They will average $60 on ebay. Like I've said before though there are not near enough of them out there to consistently make money on them. Good bicycles are even more rare.
May be I should apologize to this guy again! I just get tired of these wholesalers thinking they are the best thing since sliced bread and then consistently finding their offering selling to the masses for less than offered for wholesale by them.
I'm gonna quit while I'm ahead. This is turning into something that should have been in the rant section!!!
I totally agree with your points. I have made a lot of money simply finding the product. Found a bunch of 45s out for garbage and made about 400$ etc. etc.
I haven't used NV but they serve a purpose in filling a store with product.
Many eBay sellers have a thousand plus products in their store. (Volume Selling) A thousand products in a store costs 50$ in listing fees plus 16$ for the store per month. Total of 66$ for the month.
That is a very small cost to have an online presence.
They could carry 100 items from NV a 100 from here and from there.
Selling just 2% at a 3$ per item profit covers the cost.
Then they drive traffic to their store with auctions as loss leaders and get extra sales from the store. They then cultivate their buyers emails and send out promotions.
Not a dis intended here just an example of how some eBayers do it.