Top Wholesaler Online - Everyone Please Read.

I see many new messages every day with new members looking for the best wholesale deals and what companies to get them from.

Most of you don't even think to imagine that your best wholesale deals come from the same place you're wanting to sell on.

==============WWW.EBAY.COM=================

You can buy every wholesale list and guide on the internet but you will find the best deals right on Ebay.

Just click the BUY tab and Search for any product line you're interested in and Add the word or words: 'LOTS' or 'WHOLESALE LOTS'

The same online wholesalers are selling the same items on EBAY for generally less then they sell them on their own websites because of a much faster turnover rate for their Overstock, Closeouts, and Liquidation Products.
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First thing first research your products. Don't get screwed out of your investment by making a big mistake on your product line..
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My advise to you on one big thing, stay away from top brand name electronics products or you will get washed away. Statistics show that 75% of new Ebayers try to sell heavy items like Digital Cameras, Computer Parts that are high in demand. And the very same statistics show that 90 % of those new Ebayers give up in the first year because they lost way too much money trying to sell the products and got eaten alive by the hidden end of item charges that Ebay stamps on you for high dollar items. The average Ebay noobie will try to find a product from a dropshipper or supplier that can supply the product for let's say 20 bucks lower then the average selling price on Ebay. They spend about 5 bucks to list the add and more if it doesn't sell the first time. Let's say the item in question is a laptop PC. The seller can get it for $1,650 from a dropshipper. The average selling price on Ebay is. $1,700 .. The new seller goes ahah I can make money on this, 50 bucks is a good profit. They then list the item and well it sells for $1,700. The seller would quickly assume hey I made 50 bucks. Well a month later they receive their Ebay invoice and it has a fee of $69 dollars for the closing value fee and then paypal hits you with a $30 dollar processing fee for processing the credit card transaction.

Well it looks like the seller is in trouble. He didn't make any profit at all but he sure lost a lot of money. On top of that before he actually realizes his mistake he's already sold 30 items of high value, thinking he made $1500 bucks only to find out he owes ebay and paypal $2970 and when he can't pay, his account gets closed and he loses his interest in Ebay and sticks to his 9-5 job.

If you're new to Ebay, stay away from high dollar items until you can buy the items at rock bottom prices.

Start small and buy your wholesale directly from Ebay.

Very good post productsplus1976!

In addition this is another way we suggest you look into this area: eBay Arbitrage -

Excellent post! It goes to show that in this business the importance of R&D (Research and Development) cannot be stressed enough! Always remember to calculate everything, from beginning to end!


-Benjamin

P.S. I vote this to be a sticky, its great advice and I'd hate to see it get 'lost in the sauce'.




-Benjamin

Great stuff everybody.

Great post but the problem is that when you buy wholesale lots on ebay, there are a lot of interested people and a lot of bids. So you almost end up paying the same amount as at a whoelsaler.

The best way to buy at really good prices is at Link hidden: Login to view they have great lots of ipods and laptops.
They have a lot of returned items form Best Buy some are in good condition and with retail box. They have auctions where you end up paying between $30-$50 each ipod. So you can still sell them on ebay for $30 more. Imagine if you have a quantity of 40 items to sell that's a lot of money you can make.

Well just as on eBay I have seen lots on liquidation.com go way above its value on eBay. But it seems everyone always goes back to ipods lol. I have never seen ipods go that low on liquidation.com but I have seen them go at a price where you stand to profit $30-$40 bucks on them.

i'm new here, not sure what i want to sell yet. still feeling this site out.

sounds like pretty solid advice to me. I also like buying cheap items to start and barely making a profit or even losing a small amount of money to get ebay ratings. Ratings in the long run will help with other items.

I see no mention on doing Drop Shipping. I don't want to be overloaded with ideas. Just want to get my footing and start off as a part timer.

Thank you for posting this. Very useful. (You know what I mean)

I don't have my own website, but I am very interested in selling online. Does anyone have any suggestions for newbies like myself? Ultimately, I want my online income to replace my job income. For instance, should I get my own site or sell on eBay? Any suggestions for good places to get a website?

Your input is greatly appreciated.

Lifelucrative,

You need to spend time in researching what niches would be profitable for you. Selling on eBay and selling with your own site can both be profitable. I have chosen to sell with my own site due to the fact that you just have more control over what you can list and how you can market your product. My own opinion would be to look into Yahoo Stores. I have been very pleased with my business relationship with them and their customer service is great. Feel free to email me directly with any questions you may have.

I don't have my own website, but I am very interested in selling online. Does anyone have any suggestions for newbies like myself? Ultimately, I want my online income to replace my job income. For instance, should I get my own site or sell on eBay? Any suggestions for good places to get a website?

Your input is greatly appreciated.

starting out on ebay is a good idea when starting a business for many reasons...
1. Learn about marketing items - price, desc, pictures etc. These are all impt when rolling out your own website
2. Dealing with customers - customer service is crucial to a business, and you meet all kinds on ebay :)
3. Learn how to best package an item
4. Learn how to best ship an item - USPS, UPS, FEDEX etc - use insurance? tracking? etc
4. Learn how to accept payments - Paypal rules can take a long time to get down pat
5. CONFIDENCE in your product and your business skills

Once you have mastered the art of 'EBAY', creating your own website would be a fantastic idea.
EBAY is a great way to market your website (FREEEEEEEE).
Simply add a link to your about me page in each and every ebay ad.
Then, on your about me page, be sure to entice people to visit your website. Make the link clear and appealing. There you go, Free advertising for your website, and those who click on your link are already interested in your product and your company!!!

Good luck, dont give up and always take it slow.

Tiffany

Hi I have just joined Salehoo, and read your post as a newbie I am enquiring to the cost of using paypal you state that thay charge $30 for a transaction, is that dependant on the cost of the item?

Hello,

Someone said it's better to start out small (yes, I am starting out too), and I want to know if anyone here has any small-value/startup product recommendations.

Thanks.

Hello everyone,
Thank you all for sharing your kind advice.
Am new to Salehoo and trying to find good sources of low cost eletronics.
I already have a good website set up with shopping cart and credit card processing etc.
However, the company am dealing with to drop ship for me seems to sell items to me at market price and also charges me a monthly 'subscription fee' to dropship for me!!! Am not making any money and I know this is a rip off!
Am also starting to hear about other people who have worked with it longer complaining about damaged/ scratched merchandise drop shipped to their customers!
I have invested alot of money and time to get my website set up and just trying to get my foot in the door with a better dropshipper.
Any kind insights, advice, recommendations etc will greatly be appreciated.
Thank you all.

Julius

Want a great place to start selling electronics?

Try Link hidden: Login to view They are the largest distributor of electronics in the USA. Period no if ands or butts about them they are the biggest. And they do dropship if you setup a dropship account with them and supply the proper business information.

A friend just showed me a wholesale catalogue from them last week that had a 13inch flip down LCD monitor for my minivan. It was listed for $175, from audiovox. I don't see any listings near that size for less then $375 on eBay.

Hello all,

Must say that the last string of posts have been great, good job everyone.

I use both ebay and my own website.
But like Tiffany said free ads on ebay work great. But the thing I don't like about ebay is all the fees they charge and now thier talking about requiring out of state sales taxes. what's up with that??
There are a lot of other ways to drive traffic that are as good if not better in the long run, and also free.
Just some thoughts
jlook41

I have been trying to sell on ebay for the last three years,and always give up and then go back to it. Can never get products cheap enough so i can profit.Ebay and paypal need to be fed,lol.Now Im out of work due to medical problems and have to try again.In the past Ive sold costume and real jewelry.If i list a diamond ring ,there are thosands of diamond rings.How do I get people to look at mine without breaking the bank on fees?
thanks for any help.
isis

Well really the best way is just to have a gallery picture of the item. And if you can risk it a low starting bid. A very detailed description most items are viewed many times. Almost every item listed on ebay will have at least 20-65 hits or more.

You can also try free auction sites. No listing fees, no final fees, no sign up fees. I have just started listing on a couple sites. I figured it's free so what do we have to lose. I'll let you know how it goes.
Link hidden: Login to view
Link hidden: Login to view
You don't have as many buyers but you don't have as many sellers either. I am currently trying to spread out on the net (use auctions to advertise my store)

I always have a good gallery pic,a good discription,etc. Ive been told to list many items at one time,sometimes acouple things will sell and other times I can't give them away.I'm very picky about what I sell,only nice things I would buy myself.Guess I have to keep trying.

Thank you Haus1028, I will check them out

Another thing is list at high traffic times.
Friday 5-10pm
Saturday 2-7pm
Sunday (2-5pm best) I think.

Also put words in title of the listings like
WOW, LIMITED EDITION, WONT LAST, GOING QUICK, RARE, UNIQUE (get buyers attention)

Also for members who are not familiar with eBay, there are tons of free articles and resources at Link hidden: Login to view

I have found this site to be very informative. Also they have a tool there called 'eBay misspelling tool' You type in a word and it brings up all the sellers on eBay who misspelled the name of the product they are trying to sell.

This is a great benefit to buyers, because very few people will see these sellers products all because it was spelled wrong. So now your chances of getting that product at the lowest possible price is much more likely.

Another thing is list at high traffic times.
Friday 5-10pm
Saturday 2-7pm
Sunday (2-5pm best) I think.

Also put words in title of the listings like
WOW, LIMITED EDITION, WONT LAST, GOING QUICK, RARE, UNIQUE (get buyers attention)

Those times are good. And Also
I find I can get heaps more sales listing my items to close on monday thru wednsday from 6AM-8AM. I close many auctions at those times in the morning. Alot of the buyers are canadian but they generally buy the more expensive items too

I am so frustrated! I check out the the prices on these websites from salehoo. I go to ebay and I see the item being sold at a price lower than what the supplier is asking for.Example a supplier sells an item for $17.00 I see it selling on ebay for $15.00. I have been through tons of suppliers and I keep coming up with the issue. Does anyone have any good advice?
Thanks!

Buy in bulk

Hi I have just joined Salehoo, and read your post as a newbie I am enquiring to the cost of using paypal you state that thay charge $30 for a transaction, is that dependant on the cost of the item?

Whoa if it were 30 Dollars per transaction I would be bankrupt.
Here are the current fees:

Monthly Sales Price Per Transaction
$0.00 USD-$3,000.00 USD 2.9% + $0.30 USD
$3,000.01 USD-$10,000.00 USD 2.5% + $0.30 USD
$10,000.01 USD-$100,000.00 USD 2.2% + $0.30 USD
> $100,000.00 USD 1.9% + $0.30 USD

paypal charges 3.5% plus a flat fee of $0.35. So if you are collecting a total of $100 you would pay a fee of $3.85. It is the easiest way and in my opinion the most widely trust form of payment on the internet

Thanks so much for this sticky. Its really good advice. I have seen the cameras and computers going....and wasn't sure whether i want to stick to my hobby...scrap booking. or go in another direction with computers and peripherals (sp?) and such. I see the high price signs...and i just wonder what the down side is. I am also struggling with finding wholesalers for my small priced scrap booking items. but you say eBay eh....Canadian here. I will looking into spending some investment funds on eBay and sell them back. i just wonder how much of a profit i will be making. is it worth it.??? I struggle with the unanswered!

Laura Ann :)

Buy in bulk

sO THE PRICES GO WAY DOWN IF YOU BUY IN BULK SO YOU'LL BE ABLE TO COMPETE WITH THE EBAY PRICES? WHY DOESN'T IT SAY THAT IN THE STORES PRICE LISTINGS?

sO THE PRICES GO WAY DOWN IF YOU BUY IN BULK SO YOU'LL BE ABLE TO COMPETE WITH THE EBAY PRICES? WHY DOESN'T IT SAY THAT IN THE STORES PRICE LISTINGS?

Well, it does say it in their price listings technically.

Though it is very hard to read, and most often you have to look at the fine print!

Another thing that some people may not be aware of, you can open your own auction listings for free at a whole arena of websites like Link hidden: Login to view and Link hidden: Login to view

Then if you want, you can keep those listings open indefinitely and link them directly to your web store.

I had forgotten how nifty that is, because I just saw I had bids on my item over at the free site!!

And what's more, you CAN link your free auction listings straight to your web store and drive all the traffic coming to your website/ storefront to the items and therefore make instant sales. It DOES work and is legal if you have alot of traffic going to your store.

If you see this comment in a user's post:

*******DELETED BY ADMIN*******

It means the user is not a registered seller for Link hidden: Login to view
Be advised it is not recommended that you contact this person until they have registered with Link hidden: Login to view as a seller and have been cleared to sell to SaleHoo members.

This is in place for the protection of SaleHoo members, because it is easy for a Scammer to get a membership and then scam members out of thousands of dollars before an admin can catch them. We recommend that no users buy product from this seller until they have been cleared by SaleHoo as registered Sellers.

When they have been cleared they will have a row of 7 blue stars underneath their username which will say 'Registered Seller' when moused over. Sellers can register with SaleHoo for free by visiting this link for further information:

Link hidden: Login to view

If you continue to post without SaleHoo approval your posts will be deleted and your forum privileges suspended.

Lots of good advice here. Im a newbie too. I like Liquidation.com but do you need to already have an established business name with TAX ID all first ?

the panhandle site is nothing but a reseller for
Link hidden: Login to view they are the source

$30 if u sell a item worth $1700 or something. i sold something for $50 once and because the buyer paid with a credit card it only cost me -$2 in paypal fees.

Lots of good advice here. Im a newbie too. I like Liquidation.com but do you need to already have an established business name with TAX ID all first ?

Negative. Anyone can buy from them.

liquidation.com is just an auction site, if you win the bid you get to buy. I have heard in the past that liquidation.com charges high shipping?

This is my first post, but along with ebay being the best supplier I wanted to let you in on a little known secret. There is a new website up that allows you to get cash back on each purchase that you make on ebay, increasing your bottom line.

The site is: Link hidden: Login to view

Not only do you get cash back on ebay, but also tons of other online stores like Buy.com for example.

liquidation.com is just an auction site, if you wint he bid you get to buy. I have heard in the past that liquidation.com charges high shipping?

Its not really high shipping its the buyer not expecting a 300 pound pallet to cost $250 to ship across the USA.

A smart bidder would use the get a shipping quote option before they bid.

Yea good post

But for the new ebayer I would like to say you can sell any thing in ebay wheather it's brand name electronics or non brand cheap produscts. You need to keep in mind before you sell any product in ebay you check how much money will charge by ebay after your product has been sold (ex: insertion, Listing designer,Final value..etc).

Now the questions is how do you know that how much ebay and paypal will charge you? I am giving you a website and it will calculate your ebay and paypal fees Link hidden: Login to view

So you would know wheather you will make profit or not before list your item in ebay

Thanks
opekkhha

I have seen alot of questions and only partial information about eBay/Paypal selling fees. You can use Link hidden: Login to view, or plug a formula into Excel. Please note that I offer this advice with no statement of warranty as I am not an eBay, Excel, or financial expert! :) After playing around with this system alot I have found something that works for me and decided In order to assist those of you with questions on how to develop your own system I will share the system I use to evaluate the profitability of an item after fees.

For this example, assume that you are listing your item for $.99 or less and letting the bids determine the final price (no reserve) but also have opted to offer a Buy It Now option, that your item will sell for between $25 and $1,000, you upgrade the listing to a value pack (highly recommend), and that you are not receiving any discount from Paypal for volume. This is how you can determine the formula.

Insertion Fee: $.20
Buy it Now Fee ($50 or more): $.25
Value Pack Upgrade (subtitle and gallery picture): $.65
Final Value Fee: $1.31 + 3.25% of Sale Price over $25
Paypal Fee: 2.9% Sale Price + $.30

Total Fixed Fees: $2.71
Total Variable Fee: 6.15%

Depending on what upgrades you use and your paypal volume you can customize the total fees for yourself. Also, in an effort to keep this simple when I calculate the profitability for myself I do not take into consideration that eBay's final value fee percentage does not include shipping but PayPal's processing fee does so the potential profit data I collect is slightly less than the actual (exactly 2.9% of the shipping fee); if your shipping charges are expensive you may want to figure that into your equation.

My Formula comes down to the following:

.9385(Final Sale Value) - $2.71, - Purchase Price = Potential Profit

For Instance if you have the final sale value stored in cell A1 and purchase price stored in cell A2 In Excel:

=Sum(Product(.9385(A1)),-A2,-2.71)

If you do not want to use Excel you can obviously do the equations by hand. However, using Excel offers another great benefit: YOU CAN TRACK WHAT SIMILIAR ITEMS ARE SELLING FOR AND PLUG IT DIRECTLY INTO THE FORMULA!

If you are performing the proper due dilligence on market conditions for the items you want to sell, you are most likely watching (and should be tracking) the sale prices. Usually I look for auctions most similiar to one I am interested in offering. For instance, does bidding start at the same amount as mine, is there a reserve or not, where is the buy it now set, shipping cost, etc. The more similiar the auctions you watch are to your own the more accurate your data will be. (NB: There is never any gaurantee that your item will sell at auction for equal, lower or higher price than any other previous auction, with no reserve, but it is certainly a good indicator.)

This is how I set this data for myself in Excel:
A1 - Item Description (plain text)
A2 - Price I paid for item including all delivery and other fees
A3 - Blank space to seperate data
A4-A13 - 10 recent and actual sale prices collected from eBay
A14: Profit formula($):=SUM(PRODUCT(0.9385,(AVERAGE(A4:A13))),-A2,-2.71)
A15: Profit foumla(%):=(A14/A2)

Please forgive me if there are any syntax errors. I am not an Excel whiz by any means. You can use the extensive help system in Excel to learn more about it for yourself. I hope that this can help some of you select the right items to sell (and what type of auctions are best for your products) and maybe even turn a profit! :)

Hi guys I am new to Salehoo just joined today in fact!
I do not Sell on eBay in fact I sell on 4 different Australian Auction Sites.
I sell on OZtion, AussieBid, BidMate and BidSell
Is this a good idea to sell on 4 different auction sites or not a good one?

I have a question what is the difference between wholesalers and drop shippers, as you can tell I am pretty new at this?

Thanks in advance everyone,


Warren
aka thefriendliestguy

Hi thefriendliestguy!

Welcome to Salehoo.

Is this a good idea to sell on 4 different auction sites or not a good one?

That depends. You need to look at the number of sales you are making, versus the management time and what that's costing you. Some Salehoo members just sell on eBay but others sell on a number of different sites like you are doing. It really depends what works for you.

I have a question what is the difference between wholesalers and drop shippers, as you can tell I am pretty new at this?

You'll find explanations of each different supplier type if you go into the Suppliers area and click on wholesalers or dropshippers etc.

But in a nutshell, wholesalers usually sell in bulk and with minimum order quantities (e.g. 150 unit minimum order). Dropshippers on the other hand, allow you to purchase just one item at a time. The main advantage of dropshippers is that they package and post your order directly from their premises - you don't have to store the stock or package it up etc.
So: Wholesalers are cheaper per unit but you have to buy in quantity; Drop shippers will package and post for you once you make a sale which is convenient but more expensive (generally $2-5 extra per unit).

Hope that helps :)

Thanks Grace yes it does help.

So far I am not a fan of ebay lots, especially when it comes to video games. Most lots just give you a couple of good items and the rest is ps2 games or worse old sports games. I will look on occassion, but so far I just see this as being a win situation for the supplier.

I myself have found many lots on ebay that have been profitable. My favorites are ones that close late at night when there are the least bidders. You can usually find some decent deals around that time because alot of your competition is asleep :D

That is very true Jimmy. I myself have made the mistake of closing items at odd hours leading to selling my item for a much lower costs than I should have. I still prefer working with a good supplier, but I will definetly take a look at some lots closing at odd hours.

yes I think that they charge about 3% on the sale...

GUYS, GREAT INFORMATIVE POSTS IN HERE...EVERY NEW AND OLD EBAYERS SHOULD TAKE THE TIME TO READ SOME OF THESE AWESOME POSTS. AWESOME!!

Good advice! I am full-proof that what you are saying is exactly right. After I ran out of stuff to sell (clean out) around my house and office I started eyeing stuff on eBay. I found that I could buy items on eBay for as low as 99 cents and then turn around and sell them for as much as 500% Profit!

I'm not trying to toot my own horn, but it took me a few months to figure out how to find the stuff and then turn around and market them. I found that the folks listing them were doing a poor job. No wonder no one bid on their item.

Thanks for bringing this topic up. It's a passionate subject for me.

Hi, I have just joined salehoo today. I purchased salehoo to find wholesale suppliers for video games. So far almost all of them I have seen before I got salehoo. Am I missing something here? The ones I looked at want you to join for a fee. I already paid a fee to join salehoo. I don't need to or want to give money to someone else to get not so wholesale prices. I have looked at a few sites and the prices are more than what I could buy from on ebay. PLEASE someone tell me that I am doing something wrong. I have been selling video games on ebay for over a year now and it's just been nickle and dime. Please HELP. Thanks, Mark :(

I am getting frustrated because no one seems willing to disclose a cheap wholesaler. Every one that I have seen is selling items at wholesale for about the same price the item is going for on ebay. This leaves me with no way to make any money on ebay. Will someone please just let me know of some cheap wholesaler?

I'm new to all this too. My question is, why does it make a difference what time you list if you are using an auction for say, seven days.

Yes paypal will charge you a fee depending on the cost of the item you sold, let's take an example here, let us say that you sold an item around 67$ paypal will charge you around $2,65..this is how they make their mone but it is still the best way to do business online since it is safe and secure!

Geobay,

The reason being is that people will be online at different time during the day...most likely you dont wanna end your listing at 9h30 am when everybody is at work, and it depends on the items you are selling as well..Best time i would suggest is when people are most likely to be in front of their computer like an example..on sunday nights when people are back from their weekend or weeknights.

I DO love ebay :wink:

Also, Please Be aware of paypal, as they freeze accounts,
we have lost over 12,000. from them,
Get a Real Merchant account ! paypal is not fdic insured, and is not a bank,
do yourself a favor and do a search on google for paypal problems!

dont become another victim!
sorry to kinda go off topic , But
We learned the hard way!
now we use google, much safer!

Sometime last year we set up a group buying directly from china - wholesalbuyersgroup, worked pretty well with guys from all over the world buying the same product -- our affiliate in China split shipped to all the different buyers.

The site became heavy maintenance and was restricted due to each person wanting to buy their own thing so we closed it down.

I still think such a supply chain can work but needs to be built around niche products with common buyers. I still use our China affiliate offices for CCTV purchasing and the occasional electronic purchase.

We where getting incredible prices when we could agree on a product - so maybe group purchasing is the way to go. I have never found a wholesaler could give me close to the prices we paid in china.

You guys have provided many different ideas for newbies on how to get started on eBay but in general, you failed to provide a very critical point. The bottomline- eBay is oversaturated with items of every kind. It is so competitive that unless you can sell a large volume of items, you are not going to make much money. If anyone is telling you otherwise, they are not setting an accurate picture. For example: I just sold two items on eBay recently and made a net profit of about $12 on each item. That means I have made $24 dollars on two items after all the fees. This $24 isn't going to help me make a living. However, if one can sell a large quantity, let say of 100 items with net profit of $12 on each item...that's 100 X $12 = $1200. Now that's more respectable money. Get the idea? eBay is about selling item at low profit but at large volume.

Now about dropshipping. I have found that dropshipping is a waste of time because you won't make any money. At eBay, you will find lower price than your dropshippers will give you for the same item.

Just my 2 cents.

Saturation is part of the territory on ebay and other auction sites.

If you try a new product, that involves risk and you could be left with a whole lot of stock. There are basically items that will always sell - but the mistake that many make is thinking that they are going to sell tons of any given product. In reality each seller is moving 4-5 of any specific item per month. Of course there are the exceptions, where someone has got such a low price on the product, or has risked a new product with success.

Even then within a short space of time other sellers will enter the market and you still run the risk of being caught with tons of stock.

I don't believe wholesale or bulk buying is a fool proof strategy for ebay. If you research with software like hammertap, you'll find products with a high % of sales to listings. Be careful of being taken in by that high percentage, you need to confirm that the volume of actual items sold is also relatively high like over 300 or 400 items sold per month. Once you check the number of sellers, you will find maybe 10-20 sales per seller in some categories.As long as you can be competitive in price and pay attention to your actual listing, there is no reason why you won't be able to perform similarly.

The strategy then may not always be in buying bulk. Calculate what you could reasonably expect to sell per month based on sales volumes, sell through rates, and number of competing buyers.

Use this data to determine which variety of products -- and that's the key, having more than one type of product. With a number of products selling 7-8 pieces per month, you could actually make a proft. You can use the data to calculate potential profit after fees and costs.

Many of our members on wholesalebuyersgroup looked for 60-70% sell through rate. Lets say you are selling bluetooth dongles and they have a high sell through rate -- that's great, but you would have to literally sell hundreds per month to make a living off it. Selling hundreds per month of any product is unlikely for a single seller. Add into it the effort of packaging and shipping 500-600 dongles at around $1 or $2 profit per piece and it's easy to see that we don't really want to be doing that.

Conclusion:

Research the highest volume sellers, not sell through rates.
Check how much competition there is in that line
Calculate what each seller could move in a month.
Calculate the monthly expected profit you could make on the product
buy enough stock for say three months supply - usually this will never be more than 50 pieces of any item.

Then you have to find supply at the right price - not easy for small volumes like that. Wholesalebuyersgroup was designed to accomodate exactly this- many buyers of 20-30 pieces buying different items, directly from China, as a group.

Perhaps I should get the group back up an running -- anybody interested?

[quote='
Perhaps I should get the group back up an running -- anybody interested?[/quote:37576acd]

Very interested. I have some experience with china suppliers, and am currently a powerseller. I have money to spend, just need products that are profitable for ebay. Let me know, I can send you my email if you want.

[quote='productsplus1976':bd2dc976]
If your new to ebay stay away from high dollar items untill you can buy the items at rock bottom prices.

what do you mean by 'untill you can buy the items at rock bottom prices' where can these 'ROCK BOTTOM PRICES' prices be found or achieved? i've been looking around for quit a while and kind of getting dissapointed in making a buisness in online sell. i really want to make it work. i spent a large amoung of time searching for item at these 'rock bottom prices' but it seems like noone has them. recently i'll purchased 5 laptops and it pretty much turned out just like the story you told above. i need some help. could someone help or explain to me where these 'rock bottom prices' can be found. it seems that nomatter what item i find at wholesale price, others have it selling much cheaper on ebay. are there supliers i dont know about? where can these peaople get these products so cheap? can some one please help me out? maybe someone could even be so kind as to talk to me over the phone, and answer some of my questions. iam very new to this business but i really want to make this business work. my life depends on it.

as i would like to know as well thanks!

Thanks everybody who post anything here. These information I received here is valuable to me.

AND I'm a newbie AND I was getting ready to list some large items!
What a post for me to come upon
THANK YOU SO MUCH.
I probably wouldn't be here next month.
Thanks.
Leo Ponder

Great advice! I'm surprised at how many people do not realize that their 'what to sell' question awaits them on eBay itself. I've been doing it (Buying and Reselling) for a couple of years now. Most folks do not know that many liquidation companies are unloading goods from top shops like Sharper Image, Sears, Circuit City and others. HOWEVER, unless you know what you're doing it can be very frustrating. There are some free tools available that helps automate a ton of work.

Wayne Larimore
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waynester*buyer do you have an recommendations of free tools, for us to use please?

By the way I notice a few of you say that you dislike PayPal, you should try these Payment Methods:

PayMate
MoneyBookers

These ones above are very helpful.

As for Auction Sites I use the following:
my username is thefriendliestguy on each of them, except eBay I use thefriendliestguyever
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I hope this helps you

All the advice here seems pretty good. I am not so sure I would be selling a laptop with only a fifty dollar margin...lol. I have sold enough on Ebay that I quit my job at The Home Depot were I was a manager and have set off on my own. Having your own website is really the way to go. I am learning a lot about the in's and out's of web design and web hosting. The advice by mvm is right on the mark. Ebay taught me a lot of lessons the hard way, and it was much cheaper to learn them on Ebay then it would have been through my own website. Invoicing, paypal transactions, shipping and handling, and Knowing where to start the bidding or how to make a profit are all the things I learned first on Ebay. So take mvm's advice and start on Ebay... when the dollars you are making on Ebay start to meet your J.O.B. (just over broke) income then make the move to your own website. But have some dollars tucked away, nothing happens over night. Way to go Salehoo. :lol:

Saturation is part of the territory on ebay and other auction sites.

If you try a new product, that involves risk and you could be left with a whole lot of stock. There are basically items that will always sell - but the mistake that many make is thinking that they are going to sell tons of any given product. In reality each seller is moving 4-5 of any specific item per month. Of course there are the exceptions, where someone has got such a low price on the product, or has risked a new product with success.

Even then within a short space of time other sellers will enter the market and you still run the risk of being caught with tons of stock.

I don't believe wholesale or bulk buying is a fool proof strategy for ebay. If you research with software like hammertap, you'll find products with a high % of sales to listings. Be careful of being taken in by that high percentage, you need to confirm that the volume of actual items sold is also relatively high like over 300 or 400 items sold per month. Once you check the number of sellers, you will find maybe 10-20 sales per seller in some categories.As long as you can be competitive in price and pay attention to your actual listing, there is no reason why you won't be able to perform similarly.

The strategy then may not always be in buying bulk. Calculate what you could reasonably expect to sell per month based on sales volumes, sell through rates, and number of competing buyers.

Use this data to determine which variety of products -- and that's the key, having more than one type of product. With a number of products selling 7-8 pieces per month, you could actually make a proft. You can use the data to calculate potential profit after fees and costs.

Many of our members on wholesalebuyersgroup looked for 60-70% sell through rate. Lets say you are selling bluetooth dongles and they have a high sell through rate -- that's great, but you would have to literally sell hundreds per month to make a living off it. Selling hundreds per month of any product is unlikely for a single seller. Add into it the effort of packaging and shipping 500-600 dongles at around $1 or $2 profit per piece and it's easy to see that we don't really want to be doing that.

Conclusion:

Research the highest volume sellers, not sell through rates.
Check how much competition there is in that line
Calculate what each seller could move in a month.
Calculate the monthly expected profit you could make on the product
buy enough stock for say three months supply - usually this will never be more than 50 pieces of any item.

Then you have to find supply at the right price - not easy for small volumes like that. Wholesalebuyersgroup was designed to accomodate exactly this- many buyers of 20-30 pieces buying different items, directly from China, as a group.

Perhaps I should get the group back up an running -- anybody interested?

Fantastic Stuff.This information is priceless.I really appreciate it.

All the advice here seems pretty good. I am not so sure I would be selling a laptop with only a fifty dollar margin...lol. I have sold enough on Ebay that I quit my job at The Home Depot were I was a manager and have set off on my own. Having your own website is really the way to go. I am learning a lot about the in's and out's of web design and web hosting. The advice by mvm is right on the mark. Ebay taught me a lot of lessons the hard way, and it was much cheaper to learn them on Ebay then it would have been through my own website. Invoicing, paypal transactions, shipping and handling, and Knowing where to start the bidding or how to make a profit are all the things I learned first on Ebay. So take mvm's advice and start on Ebay... when the dollars you are making on Ebay start to meet your J.O.B. (just over broke) income then make the move to your own website. But have some dollars tucked away, nothing happens over night. Way to go Salehoo. :lol:

One question for having ebay store and own website. How do you price the same products in both ebay and own website. You have to price it low in ebay since the competition in ebay and you can price higher in own webite. If you add links to your own website from ebay listing, users come from ebay will see the price difference. Is it a problem? Or just price the same for both?

whatever you sell on ebay there is a percentage of the final sell price.Pay pal does the same thing.The charge depends on what your item sells for. Hope this helps you.
They also rob you blind with all their lil insertions fees,transaction fees etc. I'm mostly using Ebay to buy. I do not have any listings on there at the moment.

it's excellent for business this type of post.

great !!!

HI ive been a member now for about a couple months and I really love the info and the forums now I have to say I am not as gullable as some of the people and think that when I got this membership I was going to find all these crazy cheap laptops and such,go to ebay and get rich I understand that you have to buy in bulk or from china or e bay thats pretty much it now I think the days of selling on e bay are pretty much over they became too greedy. However if you are bright enough you can figure out a way to make money off the net if you work hard its just like any other business no one gets rich over night I stay on the Pc from 7pm to 3am every day and work my day job ,but it is has and will continue to pay off if you have sense enough to figure it out on your own

I sell coins, like people give me 50 cent pieces in change and I check them, it costs me 50 cent for the coin, I start bidding at 99 cent, I charge $1.50 for postage, If it sells for 99 cent, I them make $1.19 profit, I know, not lots, 50 C for coin, 30 cent listing, 50 cent for postage, leaves me $1.19

I have got $11 for one coin

I am a newbie to Salehoo and I am looking for name brand hunting accesories such as Moultrie Deer Cameras and scopes. Anyone have a good wholesale or distributor that they work with? I am also wondering if you have any success selling the no-name brands of electronics (ex Ipods) from China on e-bay.Thanks.



A Willard
*******DELETED BY ADMIN*******

Great post! I am so there. I have researched what seems to be selling on eBay and even with that, my stuff isn't selling. I've lost in fees. I opened an EBay store since I thought it would be cheaper than multiple listings-but! Let me tell you! EBay isn't cheap! They are starting to bother me. For those of us just getting started, is there a less invasive way to go? I listed on EBid.net, but it doesn't seem like anything is selling there. I also tried Overstock Auctions, but I keep getting this error message saying they made a mistake and to try again in 5 min. I tried on a few different days and got the same message. Then there is ECrater. Does anyone even know it exists? I am terrible at marketing, and plan to spend alot more time working on it, but I am getting frustrated. I am determined to make this work. Any advice would be appreciated. Thanks!

Arbitrage may well be a great way to source your products from ebay,unless you have been arbitraged yourself by hawks that watch every move you make,then resell the item using your photos! (Photo theft against the law)And hey, I'm supposed to leave positive feed-back for a thief? Why shouldn't the ebay world know when they are dealing with a thief,(crime)they certainly let the whole world know by negative feed-back,usually trivial bullsh*t,slow postage,high postage. etc (no crime)The customer is always right? I dont think so! Buyers want everything for nothing,sorry, I can't please greedy people and karma to all of you with greed in mind,what goes around comes around!

Very valuable information. I would be interested if you are looking to form a buyer's group.

Saturation is part of the territory on ebay and other auction sites.

If you try a new product, that involves risk and you could be left with a whole lot of stock. There are basically items that will always sell - but the mistake that many make is thinking that they are going to sell tons of any given product. In reality each seller is moving 4-5 of any specific item per month. Of course there are the exceptions, where someone has got such a low price on the product, or has risked a new product with success.

Even then within a short space of time other sellers will enter the market and you still run the risk of being caught with tons of stock.

I don't believe wholesale or bulk buying is a fool proof strategy for ebay. If you research with software like hammertap, you'll find products with a high % of sales to listings. Be careful of being taken in by that high percentage, you need to confirm that the volume of actual items sold is also relatively high like over 300 or 400 items sold per month. Once you check the number of sellers, you will find maybe 10-20 sales per seller in some categories.As long as you can be competitive in price and pay attention to your actual listing, there is no reason why you won't be able to perform similarly.

The strategy then may not always be in buying bulk. Calculate what you could reasonably expect to sell per month based on sales volumes, sell through rates, and number of competing buyers.

Use this data to determine which variety of products -- and that's the key, having more than one type of product. With a number of products selling 7-8 pieces per month, you could actually make a proft. You can use the data to calculate potential profit after fees and costs.

Many of our members on wholesalebuyersgroup looked for 60-70% sell through rate. Lets say you are selling bluetooth dongles and they have a high sell through rate -- that's great, but you would have to literally sell hundreds per month to make a living off it. Selling hundreds per month of any product is unlikely for a single seller. Add into it the effort of packaging and shipping 500-600 dongles at around $1 or $2 profit per piece and it's easy to see that we don't really want to be doing that.

Conclusion:

Research the highest volume sellers, not sell through rates.
Check how much competition there is in that line
Calculate what each seller could move in a month.
Calculate the monthly expected profit you could make on the product
buy enough stock for say three months supply - usually this will never be more than 50 pieces of any item.

Then you have to find supply at the right price - not easy for small volumes like that. Wholesalebuyersgroup was designed to accomodate exactly this- many buyers of 20-30 pieces buying different items, directly from China, as a group.

Perhaps I should get the group back up an running -- anybody interested?

Hi I have just joined Salehoo, and read your post as a newbie I am enquiring to the cost of using paypal you state that thay charge $30 for a transaction, is that dependant on the cost of the item?

yes, depend on the item you sell, Paypal and eBay will charge you a fee with final value you sell on eBay

Only thing I agree with here anymore is the wholesale list deal.

If you want something fast at wholesale price, eBay usually has it and so does half.com. Not bad at all. Sometimes overstock.com also has it or even ioffer.

So let's say you sold a rare product for instance, iPod headsets to a guy in New Jersey.

You sold through Amazon or right off your website, or I could use my example of selling it on Godaddy. So you know where it has to go, and you need it for the lowest price.

You checked out your favorite suppliers and used the search engine. Turns out the warehouse has nearly discontinued selling the item because its on back order.

Oh so, it looks like you are screwed right? Wrong. If you go to half.com or none other than eBay, the same item will be there some place. Usually for a very very low cost. You can snatch it up, ship it to the buyer and presto. Done deal.

eBay isn't the ideal sales marketplace, but it sure beats the tar out of just about anything out there when it comes to wholesale bundles. And it always has what you asked for in stock.

Only other place that gets that variety of wholesale merchandise is ioffer.com in my opinion. So if you need it fast, and want the profit for your website, buy it from there directly instead of selling it.

If it was official apple earpieces though, you could also shave about $10 off your final closing cost by simply buying it direct from Apple and shipping it to him over in New Jersey.

This isn't ideal however. Choose wisely

Hi Aztec,
It's 2.9% maximum and 30 cents per transaction in the US. You can check the Paypal website for the rates for your location.
Hope that helps,

lgosyne
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Hello everyone

Does anyone have any ideas on a good wholesaler of good quality pet accessories??
Thanks
Kylie

HI,

Can someone help me as i am a little confused. I am new to ebay and i was reading the above post from Productsplus on how the best deals and products can be purchased from EBAY itself. I am selling on ebay so i dont understand how this works.


grace190208

HI,

Can someone help me as i am a little confused. I am new to ebay and i was reading the above post from Productsplus on how the best deals and products can be purchased from EBAY itself. I am selling on ebay so i dont understand how this works.


grace190208

What the post is highlighting is that ebay can be used in different ways to make money from, both by selling and buying there. Of course if you are using ebay as a marketplace to purchase products, then you would be looking at other avenues of sales for the most part.

Buying from ebay and selling at weekend markets, garage sales, in local trading papers and so on. However that being said, there are a host of bargains that get sold for below market value every day on ebay, and I mean below ebay market value.

The keen buyer with an eye out for a bargain can buy a product on ebay one week, and then flip it back on ebay for a profit the next week. It really just depends on getting the right deal at the time, but it does happen.

I myself purchased a car on ebay a few years ago now, found it just after it was listed, new it was set at a crazy low buy it now price so bought it. The owner even drove the car 50 miles to my place and caught a train back.

I drove the car up my drive way, parked it, re-listed it for auction at a starting price of $500 more than what I had just bought it for and sold it two days later before the auction ended for a further $500 profit on top.

Now you won't get that sort of profit every day, but if you keep an eye out, you can get hold of some really easy money making buys right there.

I want to thank everyone for the informative info,has been a great
help and answered alot of my questions. I feel quite confident now
will go with wholesaler.
I have joined Bigticketdepot auction who are giving away 5 free listings.
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Hope I can say that.

No problems rozut, glad that you have found the content helpful and hope the forum will continue to serve further toward that purpose.

Good luck!

Salehoo is a great venue... I been here for many years and its part of my business plan to visit these forums to learn and keep up with industry trends...... Good Job SaleHoo

RE: Most of you don't even think to imagine that your best wholesale deals come from the same place your wanting to sell on.
==============WWW.EBAY.COM

Interesting. Over the Christmas holidays, I found a product I wanted to market. I listed on ebay. Then my supplier kept running out of the product. After a couple times of this and refunding the customer the money, I decided to look on ebay to see if I could find the product to resell to the customer. And you know what, I did, 7 times, using 3 different suppliers. Now, after some research, I am seriously thinking of starting a website to market this product. I am in negotiations with all 3 to dropship this item for me - all have agreed to do so - we still have to work out the details. One even commented that I made 3 times more money in profit than he did from selling the item to me - this from a fairly newcomer to all this. lol....proof positive, this can and does work....

Great info - taking notes....Have a wonderful day all and many successes for 2010. Peace!

Im selling products on ebay but people aren't paying, can you help me.

Im selling products on ebay but people aren't paying, can you help me.

I am sure the Community Manager Fudjj will have some inspiring words for you and sage advice.

This thread is a dead thread. Why not re-post to the section under selling goods online. That way you may get more responses.

When you repost explain your situation a little better.

WHat your selling
Do you mean people aren't paying or buying.
How long have you been on eBay
etc.

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Great advice.
I also found liquidation.com and think that some of their stuff is pretty good-I generally do searches under brands I know my customers are looking for or under the No Bids tab. I use eBay as well to search for items to sale and just like selling on eBay I do yard/garage selling b/c in my store I sell a wide array (well will) sell a wide array of items/brands from pre-owned to new. It depends on exactly what you want to sell as to where to get the items from. Like someone mentioned-find your niche and do research. I've dappled on eBay for a long time (selling & buying) and I still love to buy on there but didn't have such great success with selling so that is why I decided to have my own website. NOW I was also told by a SaleHoo rep (great advice here too) that I could sell a few things on Ebay (I figured things that don't sell in my store or when I need to clear inventory) and use that as not only a way to sell an item BUT as advertisement for my online store!! 2 birds with 1 stone. I've made MANY mistakes & definately lost some decent money but you learn from those mistakes and hopefully don't do a repeat. This is a great site-I am DEF. glad I found it (I found it from buying a eBay guide from a seller on Ebay-one they wrote themselves) and I couldn't be more pleases. The book was cheap the information-priceless :) Good luck. This is a GREAT post/forum topic.

concerning buy in a bulk, buy with liquidation.com or several supplier which is only available selling on case or pallets, how we have gonna do if our location is out of USA, im from indonesia, surely i really interested buy from liquadation and other supplier which is selling in bulk, but i still think should i import those item to indonesia, meanwhile my country have very bad handling regulation in custom and tax side,.. can i stock all those item in the usa side or using other service who can save my inventory stock?..

or is there possible that i open an usd address using myus.com and stock my item in there or you have other suggestion

pls help to advise me solve this problem...

have a a great day
aldira

Great post - very good advice indeed.

I was one of these people having bought ipods on a major bulk auction site for a fair price. I had to pay an 8% buyers fee and the shipping cost was about another 3% . Then ebay charged me 9% plus an insertion fee and paypal hit me with another 3% processing fee.I quickly realized I was going to lose money and have worked hard to keep my losses to a minimum. Had i found Salehoo prior to all of this I may have saved hundreds of dollars in losses. A lesson learned for me but I am still determined to succeed!