How Successful Have You Been? Show Off To Others!

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auction-4-you
Posts: 48
Joined: 12 May 06
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24 May 06 07:31:32 pm
Apologies if this is in the wrong section, but I couldn't see another area that would suit it better.

I thought it would be fun to hear about people's experiences in the wholesale and reselling business. Your best and worst experiences, what products did you sell and so forth.

Ok, I'll get this started.

I bought two pallettes of over stock from Superdrug. To anyone outside the UK, Superdrug is a fairly massive chain selling cheapish body care, cleaning, styling products. They expanded their product range and tried to shift some really random items and it failed miserably. This left them with 2 warehouses full of various items they had to sell off quickly.

So luckily I knew someone whose dad was quite high up in Superdrug. Went along to their warehouses and picked out 2 pallettes. As I was tucking into the stock I soon realized I'd just got the bargain of the century. I paid

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jennifer77
Posts: 163
Joined: 26 Apr 06
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25 May 06 04:05:01 pm
i have tons but here is one


late night...watching the Home Shopping Network......see this cute looking toaster thing that looks like a jukebox. Im like wow never seen that b4. it was selling for 69.00 i think i cant recall anyways, they sold out duringt the show.

a month later i go to the HSN outlet guess what they have...the toasters for 9.99. I buy 3 of them put them on ebay for 29.99-the ended up selling for 39-50.00

they all sold. I go back to HSN outlet only 2 left i get them and sell them.

Now im addicted to these little toasters.

Im getting emails everyday from these people asking if i have more. I go back to the store come to find out they have 9 i only have 40.00 on me BOY WAS I KICKING MYSELF IN THE ASS FOR NOT HAVING MY CREDIT CARD ON ME, some old lady scoops them up for 'christmas gifts'

that was the easiest money i have ever made!! and yes to this day i still go and see if they have more lol

Full Member
jadzia1182
Posts: 153
Joined: 23 May 06
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25 May 06 08:31:13 pm
I wish I could find a 'cash cow' like that... or in this case... a 'cash toaster'

I'm really new to all of this, so I'm still waiting for something good to happen. I'm on the verge of making my first auction sale... it's not for much, and it's for 4 pairs of my kid's barely worn jeans, but in the long run... the feedback is what makes it worth it. I'm starting a business with 0 feedback on eBay. So I need to build some credibility up first. Hopefully as my feedback grows, so will my sales. Then maybe I'll have the money to buy bulk and have a good story to share.

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mslilly
Posts: 180
Joined: 11 Apr 06
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26 May 06 03:13:01 am
Well, I have to tell you, the best profit I made on Ebay, I paid $220 for a designer bag and sold it for $650. Just recently!!!!!! 8) :shock:

It can be DONE!! :) :)

And that's not all - I've paid like $6.99 for little childrens outfits and sold them for $40 and $50 each!! That was around Christmas time!! So, if you get the right thing, it will WORK. :) :wink:

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saledoc-au
Posts: 26
Joined: 22 Oct 05
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26 May 06 03:35:00 pm
Can you tell us where you bought your products from?

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auction-4-you
Posts: 48
Joined: 12 May 06
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26 May 06 04:10:22 pm
I dont suppose you thought about contacting the manufacturer of the toasters directly? You could maybe find out if they still make them and order directly from them if they'll deal with you.

I dont know how feasible that is mind

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jennifer77
Posts: 163
Joined: 26 Apr 06
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26 May 06 06:05:24 pm
i wish i had the time to do all that. its so much easier to just go to the store sometimes...and 9.99 couldnt be beat. lol


i'll keep it in mind tho, usually they want me to buy tons of it and the $$$ just isnt here yet.

Full Member
auction-4-you
Posts: 48
Joined: 12 May 06
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26 May 06 10:28:44 pm
Yeah, I know what you mean - Its hard to get the finances together for something like that unless you know for sure the sales are there. Obviously you dont want 1000 toasters sitting around your house :lol:

I think there is a really big market for houseware/kitchen items though. Im investing most of my time in researching wholesalers in that section at the moment.

Free Member
filho_domicio
Posts: 164
Joined: 27 Feb 13
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26 May 06 11:09:34 pm
I used to buy 1 gb Apple iPod Shuffles for $50 and sell them for $85 net which is a 70% return, not too bad...

Full Member
jennifer77
Posts: 163
Joined: 26 Apr 06
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27 May 06 05:06:59 am
im stayinw away from ipods (electronics)etc for now...way to many people selling all the same stuff. That friggin toaster was so unique im still kicking myself for not getting more. anyways, i do think there will always be a market for kitchen stuff. shoot i buy crap i dont even need but if its a deal on ebay im on it lol

Site Admin
salehoo_group
Posts: 2055
Joined: 11 Apr 06
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28 May 06 09:09:23 am
Hi Members,

We have setup this blog (link below) where you can share your success stories with everyone!

It would be great if you could comment on any success story you may have had in here as we thought it would be a good place for people to post them so others can see.

If you have a website feel free to include a link to it at the bottom (or your ebay username link) and you should see some traffic come your way as a little bonus on top ;)

Link hidden: Login to view

Let us know what you think?


Have you got your own online store yet? Link hidden: Login to view
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mslilly
Posts: 180
Joined: 11 Apr 06
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30 May 06 12:17:12 am
Can you tell us where you bought your products from?


Well, I purchase from here in my town really! The store I shop at is unique ... and well, there are only like 8 around on the East Coast, Penn., VA., Maryland and West VA.

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jhscody80
Posts: 55
Joined: 10 Apr 06
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30 May 06 09:35:52 pm

Let us know what you think?
awesome blog salehoo!!!

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dowdy
Posts: 73
Joined: 02 Apr 06
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3 Jun 06 10:59:46 pm
I used to buy 1 gb Apple iPod Shuffles for $50 and sell them for $85 net which is a 70% return, not too bad...



how do you work out the percentage. There a formula for it but i forgot it, can you tell me. It's just for curiosity purposes.


With my ebay selling...
I bought nokia phone charges for $2 they sell on ebay for $10
A couple months ago i bought Nokia 5140 phones for $130, sold them for $220
I bought 2gb ipod nano for $200, sold for $260 and 4gb nano for $275, sold for $330

I'll be interesting to see the percentage of profit which is why i ask

Full Member
direct-consumer
Posts: 159
Joined: 30 May 06
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11 Jun 06 10:07:55 pm
I've had alot of luck with designer handbags. I purchased a designer handbag from another online auction for $75.00 and turned around and sold it on ebay for $550.00. Wish every sale could go that way! :lol:

Free Member
mslilly
Posts: 180
Joined: 11 Apr 06
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12 Jun 06 01:09:23 am
Wow, that's great! Way to go! :wink:

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johnnyfever
Posts: 26
Joined: 11 Mar 10
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19 Jun 06 11:08:13 pm
Hi there everyone,
I just thought i'd share a little luck i've had. I bought a bunch of blaster boxes of Upper Deck Series 1 hockey cards for $24.95 + tx (cdn) and sold them on eBay for between $30-$80 (usd) per box. It was good for a bit and then there were too many people selling them. Fortunately I had already sold all mine. Now with Series 2 out it doesn't look as promising. Not as big an interest in that series on there.
Have a good one all and good luck!
John

Full Member
gohogsar
Posts: 139
Joined: 19 Jun 06
Karma: 
4 Jul 06 03:29:52 pm


how do you work out the percentage. There a formula for it but i forgot it, can you tell me. It's just for curiosity purposes.


With my ebay selling...
I bought nokia phone charges for $2 they sell on ebay for $10
A couple months ago i bought Nokia 5140 phones for $130, sold them for $220
I bought 2gb ipod nano for $200, sold for $260 and 4gb nano for $275, sold for $330

I'll be interesting to see the percentage of profit which is why i ask

The formula is:

(Sale Price - Cost) / Cost

Here are your numbers:

Phone chargers = 400% profit
Nokia 5140 = 69% profit
2gb Nano = 30% profit
4gb Nano = 20% profit

This of course doesn't include any eBay or PayPal fees.

Full Member
tomaingeroy
Posts: 71
Joined: 11 Jul 06
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26 Jul 06 09:15:56 am
Hey,
Probably not in the same league as you guys, but my first experience as a importer/seller, I made 300-400% mark up on the items I was selling!

I am still making these margins now on an accessory I am selling.

Cheers,
Tom

Full Member
wallys
Posts: 5
Joined: 08 Aug 06
Karma: 
10 Aug 06 12:22:45 pm
Dear Ms Lilly, I am new to this site and I have not sold anything yet. However, my area of interest is in Designer bags and accessories. Could you please tell me what site sells the real aurhentic designer bags etc.
Thanks
Addie

Free Member
mslilly
Posts: 180
Joined: 11 Apr 06
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12 Aug 06 03:02:25 am
If you go and do a search on the Salehoo site, and search for handbags, you should find tons of links for bags...however, do not trust them all as being authentic. I tell you, it's very hard to find authentic bags ... What I normally do is email websites to see if they would sell wholesale, a lot of times they don't but sometimes they will.

It's just hard to find the REAL thing, and sell them on Ebay. They keep a watch out on fake items on Ebay. I know first hand! :) Good luck.

Free Member
fblouis
Posts: 1
Joined: 11 Mar 10
Karma: 
21 Sep 06 12:22:22 am
Has anyone come to a problem where they feel they could only sell one type of item? I've come to that. First of all, I am new to Salehoo. But, I am not new to online auctioning. But my problem is that I've always been used to selling consumer electronics (computers, mobile phones, etc.). I'm trying so hard to sell other items, but it seems like this is my niche. Any suggestions?

Full Member
kenco
Posts: 44
Joined: 19 Oct 06
Karma: 
21 Oct 06 08:40:13 pm


how do you work out the percentage. There a formula for it but i forgot it, can you tell me. It's just for curiosity purposes.


With my ebay selling...
I bought nokia phone charges for $2 they sell on ebay for $10
A couple months ago i bought Nokia 5140 phones for $130, sold them for $220
I bought 2gb ipod nano for $200, sold for $260 and 4gb nano for $275, sold for $330

I'll be interesting to see the percentage of profit which is why i ask

Where are you people finding iPods? I've looked for them for months and found nothing.

Full Member
shizaam
Posts: 10
Joined: 09 Aug 05
Karma: 
5 Nov 06 12:35:45 am
im stayinw away from ipods (electronics)etc for now...way to many people selling all the same stuff. That friggin toaster was so unique im still kicking myself for not getting more. anyways, i do think there will always be a market for kitchen stuff. shoot i buy crap i dont even need but if its a deal on ebay im on it lol


Agreed. Also at the moment on products such as iPods, you have to put low prices because of all the competition and adding all the costs of shipping and hours spent picking the right site and putting up the listings you may only make $5-$15 per products, you would be better off working in an area where demand is high but supply is low.

with iPods the deman is extremely high but the supply is even higher.

Good luck in the kitchen area, Im sure there are millions of mothers browsing ebay for some good utensils :D

Full Member
productsplus1976
Posts: 39
Joined: 04 May 06
Karma: 
7 Nov 06 09:38:44 am
Well I have 2 stories.
My wife had asked me to purchase a certain movie for her. This movie was hard to aquire at a good price because it was a popular title. They were selling for about 18 a piece. Well By accident i mispelled the title of the movie and came across a lone listing of a seller trying to clear out 30 movies of that same title. He had buy it now for 6.99 and I said what the heck. I bought all the copies. the total was like $235.00 with shipping. I waited untill october since it was a OOP kids horror movie and then listed them 1 by 1 so they would end about 10 hours apart. I know they sold for 18 a piece from other sellers that had low feedback ratings. Mine is in the upper 500+ range and im a powerseller. .... Well I created a very nice design page for the ad and started the bids at a penny. Well the first one sold for $59.00 then I dropped all the other movies for around $45.00 a piece after that. We profited about $1,100 bucks off those movies in 6 days.
Another story we have was a few months back before the first. We had aquired some AS SEEN ON TV SAUNA Belts. We were buying them for about 50 bucks a case from a wholesaler in our state. These items retail for around $59.99 and up with 20 belts per case. Honestly folks these belts are absolutely crap items. a 4th of them dont work at all. Well anyways we sold about 6 cases on ebay. Most of them for around $17.99 a unit and we made some nice profit on them. We handled a few returns because these things were crap and broke easily. But then we got a message from a guy in canada. That had apparently bought 3 of them from us at 1 time for his family. He owned a small chain of stores in toronto. I think he said he had 8 stores. Well he wanted to know If I could get him 32 cases of them.

I told him yes even though I thought he was full of crap and just playin with us. So i sent him a quote of $4650 dollars for all of them and a quote for shipping by weight. UPS.. He ended up sending me a payment of $5125 . When I went back to the wholesaler to purchase the cases. I brought a uhaul to pick them up lol. they weighed in at 25 pounds per case and were fairly large.

When I popped into the wholesalers warehouse to order them the lady asked me what I was going to do with them. I told her the truth and told her I had to ship them to toronto. She said well we have another warehouse in toronto and they have the same product your looking for. And to top it off they offered to deliver them to the guy for me at no additional charge. I was totally blown away on the luck I was having. I paid around $1750 for the 32 cases of product and kept the rest. Making over $3,300 in profit and all for doing pretty much nothing.

Well those are my 2 big stories. Im still selling many movies and thats about it for now. Im working on a few other ideas but im doing about average stuff now. Hope you like the stories.

Full Member
xmsgx
Posts: 13
Joined: 05 Nov 06
Karma: 
8 Nov 06 12:10:59 am
Wow thats awesome product!

my best stories so far is finding name brand jeans at yardsales for 50 cents to a dollar and reselling them on ebay for 5 bucks and up to 30 bucks each. Its to much work for to little money though.

Full Member
irvinecars
Posts: 1
Joined: 06 Dec 06
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9 Dec 06 10:59:28 pm
HAVE BEEN SEARCHING THIS SITE NOW FOR A FEW DAYS AND FOUND NOTHING ANY CHEAPER THAN ON EBAY. BY THE TIME TAXES ETC ARE PAID SOME ITEMS ARE INFACT MORE COSTLY. MOST OF THE PRODUCTS I AM INTERESTED IN ARE NOT AVAILABLE. LOOKING FOR CALVIN KLIEN WEAR,FURNITURE,BAR STOOLS ETC ?? CANT FIND ANY ENGLISH WHOLE SALERS THAT ACTUALLY OFFER WHOLESALE PRICES.AT THE MOMENT NOT A GREAT DEAL OF USE. :?

Full Member
esther-sawesomegoods
Posts: 6
Joined: 14 Nov 06
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21 Dec 06 03:53:47 am
I'd like to know how people get sales?

I have only been selling for about 2 months. 1st month was on eBay, Member Profile: no1smurfette (4)

These are my feedback:

5 feedback received by no1smurfette (0 ratings mutually withdrawn)
Page 1 of 1

Period: All Past month Past 6 months Past 12 months


Comment From Date/Time Item #


Super fast delivery thankyou very much A+++
Buyer thistleplace( 14) 15-Dec-06 15:29 260058979149


Arrived quickly Good Communication
Buyer angelsfall1st( 5 ) 11-Dec-06 19:21 260058792417


Arrived quickly Good Communication
Buyer angelsfall1st( 5 ) 11-Dec-06 19:20 260058792339


Quick response and fast payment. Perfect! THANKS!!
Seller oz-auction( 67992) 29-Nov-06 08:06 260049159797


Smooth transaction all the way through! A+++ Auctionbrokers customer.
Seller dealsdirectaustralia( 88506) 04-Apr-06 10:36 4451324677


But I was selling at a loss, so I went to Oztion & have finally got a bid on 2 items but all the new stuff people reckon is too much but I can't go lower cause I will lose again.

So how do people buy stuff then sell at a profit? How do I bring my eBay feedback over to other auction site?

Where do Aussies get a good deal?

I am interested in other people's constructive ideas.

Free Member
lun3rst4r15
Posts: 35
Joined: 11 Mar 10
Karma: 
21 Dec 06 05:00:22 am
If u gonig to post up your stories can u tell us what product your selling and where u got the wholesale from?

Full Member
globrazil
Posts: 2
Joined: 06 Jan 07
Karma: 
1 Feb 07 08:22:11 pm
Dear friends!


Online forward auctions are an ideal way to get the best price for capital equipment, materials and services you want to sell, such as when you need to liquidate excess inventory.

How do online forward auctions work? You initiate the auction by letting buyers know what products or services you have available. Buyers compete against each other in Web-based, real-time auctions, driving up demand and price as they bid.

Free Member
pickleperfect
Posts: 1
Joined: 11 Mar 10
Karma: 
7 May 07 01:34:01 am
I bought some sets of picture frames (it was like 10 to a box of varying sizes) for about $5 from a local craft store that had clearanced them. I turned around and sold them for no less than $20 per box.

Full Member
just-me
Posts: 40
Joined: 09 May 07
Karma: 
9 May 07 08:52:38 pm
The wholesale business can be lucrative as well, the repeat buyers of 25 or 50 pieces are always welcome but every now and again it is nice to reel in a big fish that orders a truck load of goods.


Hi, if you are in the market for wholesale electronics to sell at places like ebay and other portals and you are wanting a good profit margin to compete with other sellers then contact me at alldiscountz2012@gmail.com. I can get apple 5, I can get all kinds of cellphones (htc, nokia, sony, and more). I can also get all kinds of cameras like canon, tablets, macbook air, macbook pro. I only deal serious business to business and do not sell retail minimum order depends on quantity of order and can be as low as 3 units. I accept secure payments through google checkout.

So if you currently sell electronics or wanting to start your own business and looking for product then send me an email at alldiscountz2012@gmail.com and I will reply with price list and terms.

Have a good night.....
Full Member
nogdirect
Posts: 5
Joined: 04 Jan 07
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25 May 07 06:27:31 pm
Good story productplus ! :D

--------------------------------------------------------------------------------------
If you want to make REAL money online, visit
Link hidden: Login to view

Full Member
2enrique
Posts: 2
Joined: 05 Feb 07
Karma: 
3 Jun 07 06:19:59 pm
I bought a 40 foot container full with ride on toys, cars, motorcycles and jeeps 6 and 12 volt
I paid $20 for a small motorcycle sold them on eBay for $85
I paid $40 each for a 12V dirt bike sold them for $195 each. I paid $80 for each jeep that will hold up to 110 lbs or 2 kids and sold them for $300 each. Now I have a warehouse selling all kind of items other than ride on toys.

Full Member
bayericlowe
Posts: 485
Joined: 26 Feb 07
Karma: 
7 Jun 07 05:35:34 am
I'd like to know how people get sales??

I have only been selling for about 2 mths 1st month was with Ebay Member Profile: no1smurfette (4)

these are my feedbacks

5 feedback received by no1smurfette (0 ratings mutually withdrawn) Page 1 of 1

Period: All Past month Past 6 months Past 12 months


Comment From Date/Time Item #


Super fast delivery thankyou very much A+++
Buyer thistleplace( 14) 15-Dec-06 15:29 260058979149


Arrived quickly Good Communication
Buyer angelsfall1st( 5 ) 11-Dec-06 19:21 260058792417


Arrived quickly Good Communication
Buyer angelsfall1st( 5 ) 11-Dec-06 19:20 260058792339


Quick response and fast payment. Perfect! THANKS!!
Seller oz-auction( 67992) 29-Nov-06 08:06 260049159797


Smooth transaction all the way through! A+++ Auctionbrokers customer.
Seller dealsdirectaustralia( 88506) 04-Apr-06 10:36 4451324677


But I was selling at a loss, so I went to Oztion

& have finally got a bid on 2 items but all the new stuff people reckon is too much but I can't go lower cause I will loose again.

So how do people buy stuff then sell at a profit ?
how do i bring my ebay feedback over to other auction site?

Where do Aussies get a good deal?

I am interested in other peoples constructive ideas.


Tough world right.

The best thing you can do is use an auction site to bid on items for a little while. Purchase some things, move around.

Then start listing all your products.

Finally, drive traffic directly to your online store and your products by the truck full.

Traffic + Content = Sales. Its the only method that always works.


You need alot of traffic to get going or at least a good portion of traffic. TARGETED traffic, as around the 100 visitor mark you normally make a sale and sometimes around the 400 visitor mark. Rarely if ever will you not sell anything at all once you got the traffic piling onto your web store.

The real key is to keep the traffic continuing to pile on, and pile up and that's where other companies like Google Adsense may try to help you.

Free Member
kkaymel
Posts: 4
Joined: 11 Mar 10
Karma: 
14 Jun 07 03:29:52 am
Way to go guys !!!!!!!!!!!

Full Member
planes
Posts: 839
Joined: 19 Jul 07
Karma: 
9 Nov 07 06:36:32 am
I kind of backed into this one.
Last Jan.07 I started listing the AMD 939 Toledo proc.4400 and 4800 and the Opteron. I knew it was a decent seller from research but I wasn't expecting what happened.

This was totally a risk as I was listing the item for sale on eBay before I had them. Then when they sold I purchased them. It took about three days to get and then I shipped them.

I did 20,000 in one month. I had people ordering 10 15 and 20 at a time. Mostly overseas.

It was crazy!

I was new to this. Got ripped-off by one guy in Russia and had some serious delays in shipping like one guy didnt get his for 60 days. and another in Brazil for 67 days. I only got 1 neg and profited about 1500.
All of these sales got me PSsilver in about 40 days.

There were actually people on the PS forums pissed at me for getting PS in such a short time. I pissed-off a lot of ebayer sellers on that one too. I undercut them all. :P

I did so much business with this online company that they gave me my own sales agent. Now this is a company that never does discounts or special sales, But I was blowing out their inventory and they likey.

Now you couldn't sell a 939 socket if they paid you.

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