Sunday, May 26, 2013

Legitimate Wholesale - List How to be an eBay Wholesaler


If you really want to work from home and sell products on eBay it’s going to take hard work. Don’t think you’re going to be able to work a couple hours a week and make a living, if you are doing this because you don’t like to work you can forget about it, it won’t happen. If you are willing to work hard however, you can forget about making a living on eBay, instead you can worry about making an absolute killing on eBay!

There are many different options to consider when starting out. First you need to decide what you want to sell. I know we all want to have a complete online store of things to sell but for now you need to pick a couple of products, or one specialized area. For example if you are into fitness, like myself, you might want to start researching stability balls, or dumbbells, or even weight benches. If you stick to an area you know and understand you’ll be able to find better values and write better reviews. The more passionate you are about an area the better you’ll do because people will see you as an expert in the field and trust you more.

Next you need to decide where you are going to get your products. You need to make sure you are getting your products from the manufacture or as close as possible. Every hand the product goes through cuts your final profit margin. So make sure the wholesale you’re looking into is a real wholesaler and not a distributor or you won’t get the wholesale price you want.

There are a couple of different options for legitimate eBay wholesalers. You can drop ship, which means you don’t have to carry an inventory. You list a product and sell it the drop ship source then takes a small percentage and ships it to your customer.

Although this seems like the easy option, there are a couple of disadvantages to drop shipping. First you don’t get to keep as much profit as you may want or need. Second it’s hard for you to guarantee your service, if a product is on back order and the drop shippers doesn’t inform you, you could end up with a bunch of angry customers. You generally have to handle of customer service issues even though you have no control over the drop shipper.

Customer complaints could easily be the end of someone trying to get started. Drop shipping is the best option for someone that cannot afford an inventory, but be aware of the problems that could occur.

Another option is carrying a small inventory so you can guarantee service. The best option if you can afford it and your wholesalers will allow it. The problem is many companies want you to order way more than you can afford or want to carry to get the best discount.

The final option would be to buy in mass quantities receive the best discount and keep the most profit. The downsides are having enough money to pay by the truckload, storing the product, and ensuring that you sale and don’t get stuck with anything.

Now that you know everything there is to know about wholesalers you need to decide which one is right for you. You will need to decide on a legitimate wholesale list. Since you already have an idea of what you want to sell don’t sign up with any “eBay wholesaler.” If you’ve been researching this for a while you understand how hard it is to find a legitimate wholesale list. There are a lot of scams out there so you need to be careful. Many eBay wholesalers are going to make you pay a small fee for their wholesale list but it shouldn’t be an excess amount. My wholesale list cost about $70 for a lifetime membership. You can check them out at http://www.we-review-for-you.com/rwholesalesupplier.html

Before you join make sure they that the suppliers can and will cater to your needs as an eBay seller, otherwise you’re business is going to fail. Don’t let them ruin you, before you get started.

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