internet shopping carts » Computers & Technology

How to buy merchandise to resell online

ecommerce — Wed, 28 Jul 2010 15:30:52 +0000

So you have decided to start selling on line. There are several ways of stocking yourself with product to sell. You probably already have some things around the house to start with. I recommend you start listing those items but with these things in mind.

When selling on eBay or Amazon the buyer pays for shipping or any insurance. If you do your research and the weight is heavy and expensive to ship make sure not to list it if it makes it unreasonable to buy. For example: 16 pound bowling ball that cost $10 but is $20 to ship to the customer. Is it worth $30? All glass should be insured as well.

Now you have practice listing but have run out of things to sell. What hobbies or interest do you have? You will be more of an expert to write ads for things you know. Before you go on your hunt for things to sell please go to eBay and do some research. What you are going to sell, see if its selling, and how many other sellers are selling it.

Now places to find your product.

Garage sales, thrift stores, relatives, auctions, estate sales, flea markets and newspaper classifieds all are great places to find items you can sell at a great profit. I know big mystery but doing a little leg work can be fun like looking for treasure.

For example: You begin by deciding you will sell mens vintage sweaters. Now you know Ralph Lauren has some resell value because you looked it up on eBay and know what to look for. You see one at a thrift store that has a flag knitted into it. You buy the sweater for $5 and go home. The resell value on eBay is around $50. Great profit for one purchase. I had one sweater bought for $5 and sold on eBay for $400.

Buy in bulk anywhere. Lets say you find a box of children’s clothes at a garage sale with nothing but name brand articles in it. Lets say there are 20 pieces in there. You by it for $5. Sell all 20 for $50 to $100 for another big profit. I bought 60 toy cars for $20 and sold them for $300.

You start slow and keep your customers happy.

Get on line and find businesses that will allow you to buy in bulk and ship it to you. I bought a lot of 1000 bandannas for $30. Not my thing but I put them on my site for 10 for $7 and sold out.

STAY AWAY from on line drop-shippers who claim they will ship to your customer direct and they have thousands of products for you to sell. What they mean to say is they have 10000 sellers selling the exact same stuff and it drives the price down which means profit.

Find your niche by researching what is selling but has the fewest sellers. You want to be noticed.

Is eBid a good place to choose for selling online?

ecommerce — Tue, 15 Jun 2010 08:26:34 +0000

I think Ebid is a great place to sell on line, i have been selling on Ebid for a little over a year now and i think its a great auction website, there is an Ebid on line auction site for most countries in the world.

The main reasons why i like Ebid is because the fees for selling are much lower which is a huge plus as it means the sellers make more profit for each item they want to sell.

You can place a basic listing on Ebid with one photo for free and then Ebid take a small 2% or 3% fee only if your item sells.

I think Ebays fees are very high which means the seller makes a great deal less which i think it unnecessary as Ebay have so many sellers and this puts people off selling things on the site.

On Ebay you have to pay a fee to put an item on which can is usually pretty high, you have to pay a fee for when your item sells and you have to pay another fee for if your buyer pays you using Paypal which is a company run by Ebay. Once you have the money in your Paypal account from your buyer you then have to pay another fee to withdraw the funds into your bank account and at the end of all this you end up with very little for your item!

I also feel Ebid seems to be a more friendlier website, for instance when you contact customer services you usually get a response usually within 24 hours which isn’t just computer generated and is always very helpful.

I think the website design is fairly good and i think its easy to find your way around, there are lots of different categories so you can sell almost anything you can think of.

One thing i wasn’t too happy with about Ebid auction site is that its a little more complicated and unnecessarily long winded when placing an auction but this is something you can get used too and also i think more could be put into the general look and design of the website as its not as modern as Ebay.

Ebid is the second largest on line auction site and i think its definitely getting much more popular every day, i think this is mostly due to the fees being much lower than Ebay and Ebid do not have so many strict rules and regulations unlike Ebay.

I know about 20 people that have had their accounts suspended from Ebay and they didn’t even think they had done anything wrong.

Once you have your account suspended on Ebay its extremely hard to get your account back up and running, Ebay request you fax a letter stating you will not list items that do not abide to their rules and regulations again and that you send copies of your passport and lots of other things before they consider that they can reinstate your account, you also have to wait weeks to get a reply back from them, on Ebid you simply have to send them an email to say it was your error and that you will not list that item again.

I think Ebid is a really fantastic site and i would recommend anyone to look into selling on there.

A great site that i think soon will have more members than Ebay.

Do customized shopping cart solutions work

ecommerce — Thu, 29 Apr 2010 23:51:33 +0000

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