Unconvention ways of sourcing products to sell online

Full Member
t0psales
Posts: 385
Joined: 25 Jun 08
Karma: 
1 Oct 13 02:02:15 am
I use a number of suppliers, cheap as chips, I purchase and item from them for $10 and sell it for $20 plus shipping, sold 30 of them so far, about $300 profit, thank you very much.

Harvey Norman, geez, never thought I could make a profit from them, sold a dryer to a guy for over $500 plus $50 shipping, got it from HN for 350 plus $50 shipping, the guy lived 28 KMs away from the store delivering it.

Generally, if I sell something I google to see where I can get it cheaper..

HOUSE is another one, constantly sell an item for $7 which I get from house for $3.99

You never know what bargains there are.

Selling the PS3 items for $124, get them from Harveys for $88 but always haggle them, so far paid, $75, $85, $77 and again $77, these items are discontinued so I am thinking that my buyers cannot find them in stores, my local harveys only have 3 left, I will have to find more supplies.

I have also sourced product from Dick Smith

Just have a look around and see what you can find.

I have also just sold my last 10 litre urn, I purchased 12 of them, I made probably 30-35% profit on them, got one left which was damaged by aussie post, they paid for it but never asked for it to be returned, my gain.

Keep looking at other avenues for suppliers and hit the discount shops.

Full Member
fm1234
Posts: 838
Joined: 14 Dec 05
Karma: 
3 Oct 13 03:58:03 pm
Something I've preached here on and off for years -- sometimes your best supplier is a retailer down the street. Closeouts, discontinued items, seasonal stuff etc. can all be purchased very cheaply. If you have a modicum of storage space and patience, off-season clothing and other seasonal stuff, stored until the demand comes back around, can be extremely profitable.


Frank


"Failure is not when you fall down. Failure is when you don't get back up."

--J.J. Luna
Site Admin
richelle_salehoo
Posts: 5226
Joined: 20 Oct 08
Karma: 
16 Oct 13 04:37:46 am
Great tip guys! Constantly thinking outside the box brings more sales :)

Thanks for sharing to our community! Cheers


Richelle

Customer Support Manager
SaleHoo Group Limited
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Site Admin
fudjj
Posts: 5919
Joined: 27 Jul 07
Karma: 
16 Oct 13 10:58:59 pm
t0psales wrote:I use a number of suppliers, cheap as chips, I purchase and item from them for $10 and sell it for $20 plus shipping, sold 30 of them so far, about $300 profit, thank you very much.

Harvey Norman, geez, never thought I could make a profit from them, sold a dryer to a guy for over $500 plus $50 shipping, got it from HN for 350 plus $50 shipping, the guy lived 28 KMs away from the store delivering it.

Generally, if I sell something I google to see where I can get it cheaper..

HOUSE is another one, constantly sell an item for $7 which I get from house for $3.99

You never know what bargains there are.

Selling the PS3 items for $124, get them from Harveys for $88 but always haggle them, so far paid, $75, $85, $77 and again $77, these items are discontinued so I am thinking that my buyers cannot find them in stores, my local harveys only have 3 left, I will have to find more supplies.

I have also sourced product from Dick Smith

Just have a look around and see what you can find.

I have also just sold my last 10 litre urn, I purchased 12 of them, I made probably 30-35% profit on them, got one left which was damaged by aussie post, they paid for it but never asked for it to be returned, my gain.

Keep looking at other avenues for suppliers and hit the discount shops.


Not long ago I had a friend who was looking on eBay for some plastic bin storage solutions, couldn't believe how expensive they were so decided to go to Target to price them. Found pretty much identical ones for 25 cheaper, so bought 10 and sold the lot on eBay inside the week, making a 15 dollar profit on each one.

It most definitely can be done, just as he and you yourself have done. For some reason this theory of the best priced bargains only being available online exists, and it's complete garbage. So many people all run to the same drop shippers over and over again, all trying to sell the same products against each other and make margin, then wonder why on earth it's so hard.

It's a gold mine out there in the real world, people just have to drag themselves away from the PC, Tablet or whatever for half a day and they can find them. Walk around town, see what's around and keep an open mind as to where a profit can be found. Got a small local gallery, maybe some local artists displaying some of their works. Talk to them about becoming on online distributor for them for example.

Not everyone wants to sell their own products, they might just get the enjoyment from creating them and when you offer to do all the online marketing for them, then you could be just what they have been looking for.

Take a walk around a weekend market, do some yard sales (garage sales) Charity shops and so on, it doesn't have to be new products to deliver a profit.

It's about changing it up, opening your mind and using your imagine ..... and your legs!


Mark (fudjj)

Community Manager
SaleHoo.com

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