Luxury Maggazzino

mabullas

Has anyone bought from Luxury Maggazzino before? (Link hidden: Login to view). They're listed in the Salehoo database and claim to sell genuine Gucci and other luxury items. I'm really wary of all the scams around re luxury items (I know Jimmy has posted against so called wholesale luxury items for sale as well).

They have offers for ebay sellers with feedback over 10 - so many luxury items worth $3000 retail for $499 on their website. They claim that they buy last season's stock etc directly from Europe. If genuine, it would be a good deal, and part of me thinks if it were, it could kickstart my ebay selling (I have peanuts to start buying stock with, and even that price would be a struggle), but something inside me says that it sound too good to be true and to be wary.

Has any other member had any dealings with this company? Has anybody sold their stuff on ebay or know whether they are on the level or selling clever fakes?

gsales

I actually just ordered from them. I'll let you know.

prennie0

they dont have a lot of stuff

mabullas

That doesn't worry me so much.

What worries me more are:

1. that they're genuine designer items - because Australian Customs will conviscate them if they're not, and I will not only lose my money if so, but may be in trouble with the law for importing fakes (very much frowned upon over here)

2. That the firm is trustworthy and reliable and not a scam.

3. That they really are the sort of items that I will be able to sell with some profit.

4. That the international postage doesn't end up equal to or near the cost of the items, as that would probably break the bank for me and lower profit margins too significantly.

What I'm specifically looking at is their ebay seller's package for $499. If they really are designer items and each pack is chosen so that ebay isn't flooded with lots of the same products as they say, then I could perhaps take the money out of my recent tax return refund and purchase. The profits in turn could provide capital for me to buy either a few more luxury items that sell well or enough to purchase some ipods or other high sellers. At the moment I really need to build up capital to begin even light bulk buying, so this would do it for me and start my little part time business, if their claims are correct. If not, I risk losing equivalent to an entire week of pension income, and selling illegal merchandise will not look good for me on my record if one day, when my full time carer role is over, I want to return to my profession of teaching, and establish my own business as an educational consultant (too demanding of my time at present).

So anybody outside the US - if you have ordered, please post if you have found the postage to be reasonable. And if others have ordered and found the items to be bona fide designer items and not good quality fakes, also please post.

gsales

First off, let me say that I ordered on thursday and the package arrived on friday. I was impresed by that.

Upon opening the package, I found a Packing List which tells you what all you got. The total retail value for everything I got is $4,065, and the total wholesale is $1,442 (all USD). However, I ran into 3 roadblocks:

1) Most of the stuff seems like it is leftover clearence. They're not top sellers, for sure. For example, they sent me a 'Designer dress' which ended up being a horribly ugly Dolce & Gabbana dress.

2) Upon receiving the package, I was short one item - the Packing List says I should have received Porsche sunglasses (worth approx $400), but they weren't in the package.

3) I got on eBay to check the ebay value of the stuff. This is the biggest roadblock I ran into: the total value I came up with is $480 on eBay, and that's stretching it. For example, the D&G Denim dress they sent me wasn't even selling. The GianFranco Ferre tie, retailing at $115, was selling for $3 on eBay. Most of the stuff sells for even less than wholesale, because like I said, a lot of it seems like it came from the clearence bin - they're not in demand items, they're things people DON'T want.

However, I have been checking around to find a retailer of genuine high end items, and everything they have is genuine (I'm about 99% certain).

If you have any more questions, I'd be happy to answer.

Hope this helps =)

mabullas

Well, on the basis of what others have had to say about this firm, I've now placed a small beginning order of Versace and Gucci sunglasses to see how they sell. I've noticed that there's a demand for them on ebay and the market isn't too saturated, so I'm guessing this is a low risk way of jumping into the sales pool, so to speak.

I'm impressed by their estimation of a 3-5 day turn around to Australia. However, my bank book would probably be even more impressed by a 14 day turn around with half the cost (about the US$40 mark).

I was also impressed by the Apple ipod bids they're running for Priority members only. (Every Salehoo member is now rushing to become a priority member for that, right? : ) If I like what I see and the stock sells well, I will consider placing a larger order (I don't mind maxing out the credit card if I know I'm going to get it back through sales and with a profit), and will consider joining Priority members (about another $950 to go before I'd get my $99 back...)

That cautious, neurotic part of me is still imagining customs seizing my goods, telling me that they're fakes, and putting me in jail :

But you guys tell me they're the real deal, so that's not going to happen, right? :

mabullas

I did notice that most of the designer clothes were pretty ugly!!! (Well, I wouldn't wear them....)

The sunglasses I chose looked pretty nice in the photo, so fingers crossed.....

jimmy_huber

I have especially noticed sites that sell certain items worth $200 retail like ties and such only selling for $4-$7 on ebay. And they carry a designer lable. Be carefull on what you purchase or you might end up loosing big. Try small orders first and see how well they sell. If the end up loosing you money then youll know.

mabullas

Yes, that's what I figured. The 4 pair I chose are selling pretty well on ebay above the combined price of cost and shipping that Luxury Maggazzino are charging, so they seem to be pretty safe (assuming they're genuine). I basically had ebay open at the same time and did an ebay search for each category I looked through to see who was selling them and at what price. There were items selling cheaper in some categories, and those were ones I stayed away from (of course it could also mean that there are some fakes flying beneath the radar on ebay.....). Those items that had regular bids a fair way over my purchase costs I bought one each of (equalling 4 pair). I also stayed away from buying items that had consistent 0 bids, and made sure there were no more than about 6 people selling similar branded items.

I'm still nervous at the prospect that I could have just spent a couple of hundred dollars for something immovable, but I think I've done everything to minimise the risk. But if the items check out (and I will check out their authenticity from an authorised outlet before selling) and I can sell them with at least a minimum 28-30% profit margin , then it might provide a steady source of income for me at this stage. Well, at least enough to build feedback and provide capital for larger items later on.

yoojin1982

i know this is an old post.. but how did everything work out?

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