WHOLESALE SELLING – THE SECRET TO MAKING HUGE PROFITS ON EBAY


“I want to have a source of income aside from my regular paying job”. 

Encountered this thought often in your mind? Do not despair for you are in good company. Millions of people all over the world employ considerable measures to finding extra jobs that will serve as their supplemental income, not necessarily because they want to get rich but more on the inclination to have ready money whenever the need arises.

I’ll let you in on a little secret. If you want to earn additional income without having to leave your house or work longer hours, bring your desires over to the dot.com business – particularly the ebay buying and selling venue.

EBay is currently the hottest trend in part-time or full-time money-making business. From finding the products you want to have down to the items you, yourself would like to sell to potential buyers - it is all out there on eBay. Different items such as cars, clothing and accessories, computers and saleable parts, electronic gadgets, home and office tools and equipment, products for health and beauty, jewelry and watches, hand-held games, bags and wallets, branded perfumes, software for personal and business uses, are just some of the items for sale on ebay websites. And they have hundreds of sites internationally that you can open up an account with, this way you will be able to market your items to a larger client base. 

Beginner’s Guide to Selling on EBay
It is easy to start your business on ebay. All you have to do is register an account, choose your user ID and password, set up your own retail store (tools for this is provided in the site once you sign up), and sign up with PayPal or other courier and shipping services for your soon-to-be sold items.

Through experience and countless trial-and-error, you will device your own methods and solutions as to how to cope and adopt with your customers and make it work to your advantage. Eventually, that is. But if you want that right from the very start you will make huge profits with your products, then venture into wholesale selling on ebay.

Learn the Secrets of Professional EBay Sellers!
Professional ebay sellers can attest to you that they are able to reach up to six-to-eight figures of profits in the first succeeding years of their selling practice. Some will attribute it to perseverance and determination… plus two little factors called luck and having the right connections.

1) Do your homework – this means research your resources baby!

Your enthusiasm to start your business immediately is great, but stop for a minute. Do you have all the items that you can sell?

• For this you can start by checking out bargains stores, garage sales and flea markets, clearance sales and discounts, thrift and specialty stores in your area, items from friends and family and even your own stuff that you want to dispose of yet are still in good condition. You can also locate wholesale sellers for brand new items that you can later on sell on retail prices – the higher the mark-up difference between wholesale and retail price of the item, the higher your profits will be.

2) Look for manufacturers and dealers who will be glad to do business with you. 

• With their approval of course, you can sell their products on your own eBay outlets and get half of the profits. The trick here is that since the products are of factory price, you can up it just a little; once the item is bought you can give the exact amount to the manufacturer while you pocket the extra cash. 

Unless of course they want a chunk of the profits too, then agree to an amount wherein both of you can have fair share of it. But remember to keep your price to a minimum because buyers will still judge whether the price stipulated for the item is affordable or not.

And last but not the least, 

3) Use the internet to obtain more sources for possible eBay products that you can sell.

• You can go online and search for manufacturers and individual sellers who have their own websites, wherein they sell their own merchandise to interested buyers. You can set a bargain price for it and then put it up for sale as your own.

The internet has great deals to offer for wholesale selling on ebay if you only know where to look. Trust your gut and this small thing called ‘search engine’ on the net and you are well on your way to counting huge profits.