jdegeorge1123 wrote:Hi everyone,
I'm new to salehoo and I am interested in selling high end designer handbags but I know that selling on eBay may be difficult due to restrictions. I am wondering if there is any other way to make this happen and would love to hear any recommendations.
Thanks,
Jay
rustictown wrote:jdegeorge1123 wrote:Hi everyone,
I'm new to salehoo and I am interested in selling high end designer handbags but I know that selling on eBay may be difficult due to restrictions. I am wondering if there is any other way to make this happen and would love to hear any recommendations.
Thanks,
Jay
hey jay,
I don have high end designer bags but i have handmade vintage style bags which sells a lot at good marhin. You can visit our website for more info.
Link hidden: Login to view
carattop wrote:High end designer bags sell well on ebay. But like every other transaction on ebay, keep in mind that you make half your money by procuring products at a low cost and not necessarily when you are selling in a market place like ebay. We sell high end designer branded handbags like MK, DKNY, Longchamp on ebay.
The good things about ebay is that you are posting your sale to people who are in the end of the sales conversion cycle (i.e. they come to ebay to shop which means they know what they want + they have money to spend). The bad thing (not so bad actually) is that you end up paying significant fees to ebay. On an average you pay 9% of your sale price for handbags (not your profit margin but your sale price). For example, I recently sold a Longchamp Leather Tote. MSRP tag was $585. My offering price was $410. Why this low? Because I wish to make money fast and churn more sales cycles as opposed to waiting for the $50. If assuming my purchase price was say $220, then my net cashflow would be as follows -
Sales Income = $410
Shipping Income = $12
Total Income = $422
COGS = ($220)
Ebay Fees = ($36.90)
Paypal Fees = ($12.53) (calculated as 2.9%+30 cents on funds recd. In this the buyer would had sent you $422 incl shipping)
Shipping Fee = ($3) (approx. Ebay started charging this fee last year I guess)
Total Cost = ($272.43)
Net Profit = $149.57 (Your actual cash on hand from paypal to your bank account)
As you can see above you could make a good amount of money ($150) in profit in this transaction but then, it's only bcoz you sourced the product at low cost.
Another IMPT aspect to keep in mind - COACH products are restricted to be sold in ebay or any other online channel. There have been numerous cases where Coach is known to have tracked down the seller and sent them a legal notice + banned them from entering any coach stores across the country (not sure how they would enforce that though). Despite this many people sell coach bags on ebay (I used to) and I still can continue to. The problem is if I'm hit with a legal notice, then my supplier might back out (not just for coach) for potentially all products. So its a big risk.
Hope this helps. If you need more info, do feel free to reach out to me. Happy to help. Thanks!
malva wrote:carattop wrote:High end designer bags sell well on ebay. But like every other transaction on ebay, keep in mind that you make half your money by procuring products at a low cost and not necessarily when you are selling in a market place like ebay. We sell high end designer branded handbags like MK, DKNY, Longchamp on ebay.
The good things about ebay is that you are posting your sale to people who are in the end of the sales conversion cycle (i.e. they come to ebay to shop which means they know what they want + they have money to spend). The bad thing (not so bad actually) is that you end up paying significant fees to ebay. On an average you pay 9% of your sale price for handbags (not your profit margin but your sale price). For example, I recently sold a Longchamp Leather Tote. MSRP tag was $585. My offering price was $410. Why this low? Because I wish to make money fast and churn more sales cycles as opposed to waiting for the $50. If assuming my purchase price was say $220, then my net cashflow would be as follows -
Sales Income = $410
Shipping Income = $12
Total Income = $422
COGS = ($220)
Ebay Fees = ($36.90)
Paypal Fees = ($12.53) (calculated as 2.9%+30 cents on funds recd. In this the buyer would had sent you $422 incl shipping)
Shipping Fee = ($3) (approx. Ebay started charging this fee last year I guess)
Total Cost = ($272.43)
Net Profit = $149.57 (Your actual cash on hand from paypal to your bank account)
As you can see above you could make a good amount of money ($150) in profit in this transaction but then, it's only bcoz you sourced the product at low cost.
Another IMPT aspect to keep in mind - COACH products are restricted to be sold in ebay or any other online channel. There have been numerous cases where Coach is known to have tracked down the seller and sent them a legal notice + banned them from entering any coach stores across the country (not sure how they would enforce that though). Despite this many people sell coach bags on ebay (I used to) and I still can continue to. The problem is if I'm hit with a legal notice, then my supplier might back out (not just for coach) for potentially all products. So its a big risk.
Hope this helps. If you need more info, do feel free to reach out to me. Happy to help. Thanks!
Hi
I don't speak English. I use Google translator. I was reading an interesting article Ebay. You had said you would help if I needed guidance. I sold on ebay and have no traffic on ebay. On ebay sellers compete. I have tried to sell video game and I was made impossible by the competitive prices.
As I can get traffic?
What products are sold more on ebay?
Thanks