I agree with paul, lots of people are under the impression that electronics is a highly profitable market. Unfortunately, this simply isn't true. Electronics is actually one of the most competitive markets online. The electronics industry has always run on very low margins from wholesalers to end users and marketplaces like eBay have only tightened the margins even further.
Most electronics sell at the wholesale price or below wholesale on eBay. That's how intense the competition is.
How do these sellers make money?
Well plenty of them don't. If you checked back on some of these sellers in a couple of months time, you may well find that they are out of business. As for the others, they use some very canny sourcing and marketing tricks, which we've listed below.
The point is, the number of sellers present in the electronics market is deceiving. It's much more difficult to make money in this market than it appears.
As for Apple products, the requirements to source these wholesale are extremely high due to Apple’s desire to protect their brand value. If you want to source these items wholesale, you’ll need to fill out an application on Apple’s website and be able to meet a minimum annual purchase requirement of more than $100,000 and provide 2 business references – among other things. You can read the full requirements here:
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What are other products are you interested in? We would be glad to help you search for suitable suppliers.
Cheers!
