Hi and welcome to SaleHoo, glampam :)
Frank and Marc have more than enough experience to vouch for their replies!
So what can you do about it?
- You can try ordering in bulk quantities to drive the wholesale price down
- You can eell on another auction site other than eBay â€“ there are heaps to choose from and profit margins are usually better. Craigslist is also a good place to sell if you live in the USA. (Let us know if you need more suggestions for places to sell online)
* Or buy from liquidators â€“ this lets you get product for pennies on the dollar. (Iâ€™ll let you in on a secret, this is how lots of powersellers make money on eBay these days)
* Find a niche market with few competitors â€“ collectibles and one-off items have amazing profit margins, even on eBay.
These days, you have to be pretty savvy to survive on eBay, so I hope weâ€™ve given you some ideas.
All the best!