Wow, A Must Have EBay Sourcing Secret!
EBay product sourcing! EBay selling! I’ve just come from the Salehoo forum and brought with me a new way of looking at eBay. The fact of the matter is, I have never thought of eBay as wholesaler’s environment. That’s right–if you are selling on eBay, you may want to start thinking of yourself as a wholesaler, not a retailer. Think about it. If you have studied eBay or tried to sell products on eBay, you have probably wondered how it is that the prices can be so low. I’m sure you’ve noticed just how competitive a selling environment eBay is. Items are sold at wholesale and below wholesale prices.
Now, when you think about wholesale distributors, and I mean the real wholesale distributors who are as serious as a heart attack about you having your sales tax permit in order, you have to understand that the wholesalers are there to sell to retailers, not other wholesalers. Thus, when you buy from a wholesaler to sell on eBay, you may not always get the price you need to effectively compete. Hard news, but if you are coming to this pretty new, this could be a cool epiphanal moment.
Just the other day I published a post about how wholesalers, such as WYNIT, may sell at a fairly low fixed priced if the buyer is willing to buy in large quantities, such as lots of 1000, for example. And even wholesalers closeout stock, and so you can pick up really low prices there IF you can buy in really big quantities. The successful power seller who sells thousands of items a month can pull this off but not the small seller.
My point is that in order to compete on eBay, you have to be able to sell at wholesale and below wholesale prices. How do you do that? Well, you buy big lots of close out and liquidation stock. Big lots. Yes, you really can pick up DVD players at $30 a piece if you can buy them in bulk when they come through the Closeout Club, for example. Or Via Trading.
Man, I’ve given you some real “secrets,” here. You may be thinking to yourself that you can’t afford to put down $5 or $10k for a shipment, even if the per piece price averages out to $20 or $30. What if you had the opportunity to purchase small lots but get the same kind of price reduction with big lots? Well, I know this is shameless, but in my opinion, one of the best kept “secrets” to finding small lots is the Salehoo forum and other resources. I’m talking about small bulk lots, here. Small lots mean big discounts. Discounts that will allow your prices to be competitive. Discounts that will allow you to turn a profit. If you are interested, you can find out more about Salehoo by signing up for the free newsletter. Now, if you decide to click through, Salehoo, like other reputable directories, only provides the sources. However, the forum will allow you to network with other members as well as Salehoo staff to find sources not listed in the directory. It is up to you to establish a relationship with the sources and to sell the products. Remember, too, that Salehoo, just like other reputable wholesale dropship product directories, is not a click-you-way-to-riches-overnight scheme. Just want to warn you. Consider this a “real deal” alert.
Related posts:
- Secret Wholesale Forum
- Finding a Wholesale Dropship Distributor
- EBay Power Seller Product Sourcing Secrets
- The Secret to Cheap eBay DVDs, Tax Permits, and More
- Salehoo Forum, Wholesale Directories, A Few Supply Sources, and Ultimate Product Sourcing
If you enjoyed this post, please consider leaving a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
[...] more product suppliers at Wholesale Product Sourcing for Home Business Success. Discover a valuable eBay product sourcing secret that most sellers don’t have a clue [...]
[...] auctions, concerns the nature of the eBay selling environment. I talk about this more in my post, Must Have EBay Sourcing Secret. Basically, however, eBay itself is a wholesale selling environment. The prices of most mass market [...]
[...] quality liquidated name brand stock. This is available for use by its members, but that’s another story. None of this is going to do anyone any good, however, if you don’t know how to use [...]
[...] tips on how to find your own suppliers at Wholesale Sourcing for Home Business. Discover a valuable eBay product sourcing secret that most sellers don’t have a clue [...]
[...] more product suppliers at Wholesale Product Sourcing for Home Business Success. Discover a valuable eBay product sourcing secret that most sellers don’t have a clue [...]
[...] more product suppliers at Wholesale Product Sourcing for Home Business Success. Discover a valuable eBay product sourcing secret that most sellers don’t have a clue [...]
I agree. Salehoo is an affordable online wholesale product sourcing directory that can make decent profits if you know how.In fact they are having a SaleHoo Xmas Special offer right now for a 7-day, no-obligation, trial pass to SaleHoo for just $5! Plus they’ll throw in Auction Inspector niche-finding software (worth $39.95) for F.R.EE!
Kelvin Loh
http://www.kelvinloh.com
Kelvin,
Hi. Thank you for your comment. I agree with you on that one. I happen to think that Salehoo is one of the best deals out there for product sourcing. In my book, it is clearly the most affordable option for an online whoelsale product sourcing directory. However, having said that, it is important to recognize that it will not be for everybody. When it comes to business, there is no one-size-fits-all solution. Thank you for mentioning the Christmas special, by the way.
[...] more product suppliers at Wholesale Product Sourcing for Home Business Success. Discover a valuable eBay product sourcing secret that most sellers don’t have a clue about. Related Posts:Buy Wholesale Noni and Save [...]
[...] tips on how to find your own suppliers at Wholesale Sourcing for Home Business. Discover a valuable eBay product sourcing secret that most sellers don’t have a clue [...]
[...] and prospective product suppliers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and such like. Quite often people think only in the area of eBay, although eBay [...]
[...] and prospective product suppliers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and so on. Quite often people think only in the area of eBay, even though eBay [...]
[...] so you and possible product suppliers must take it seriously. For most finding supply sources means wholesale, drop shipping , liquidated stock, and so on. Rather frequently folk think only in the context of eBay, although [...]
[...] you and possible product suppliers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and so on. Pretty often folks think only in the field of eBay, even though eBay [...]
[...] and prospective product providers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and so on. Rather frequently folk think only in the area of eBay, even though [...]
[...] you and possible product suppliers must take it seriously. For most finding supply sources means wholesale, drop shipping , liquidated stock, and the like. Rather frequently folks think only in the field of eBay, even [...]
[...] and prospective product suppliers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and such like. Pretty often folks think only in the field of eBay, even though [...]
[...] and prospective product suppliers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and such like. Rather frequently folks think only in the context of eBay, even [...]
[...] and prospective product suppliers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and so on. Quite often people think only in the area of eBay, even though eBay [...]
[...] you and possible product providers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and the like. Quite often folk think only in the field of eBay, although eBay [...]
[...] you and possible product providers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and such like. Rather frequently folk think only in the context of eBay, [...]
My alternative income stream is selling stuffs on Ebay and i can say that i earn a lot from selling on Ebay**~
It’s also helpful to find out what everyone is watching and searching for on eBay. I’ve found a tool that is very helpful for this purpose. It’s called What’s Hot Weekly. I use it to find out what is selling well and what everyone is looking for in each category.
Randy,
Thanks for the tip! Anyone who happens to catch Randy’s comment, check out the site. There is a potential wealth of hot keywords to explore.
[...] you and possible product providers must take it seriously. For many , finding supply sources means wholesale, drop shipping , liquidated stock, and so on. Quite often folks think only in the area of eBay, even though eBay [...]
[...] Find Advice and ecommerce business help at Product Sourcing for Home Business. Discover a valuable eBay product sourcing secret that most sellers don’t have a clue [...]