Wholesale selling - Some questions
So I have some products that I plan on wholesaling and selling them on ebay,
There is a lot of competition on them on ebay, I have researched the amount they sell for by many sellers.
Some of the items I cannot understand how they make a profit, if any at all on some of them, I have been looking at screws and fixings, for example:
These are multi variation listings, so it may be to just boost the rank in search result? Anyway, example:
M2 Nut - Quantity 10 - £0.99
They are sending 1st class with Royal Mail,
so that will cost £0.64 to post.
£0.09 ebay fee
£0.22 paypal fee
Cost of jiffy bag
Cost of the actual item to buy
There are many sellers that do this, not only on nuts and bolts. So is it only to boost search rankings?
I have got a few products in mind for wholesaling, and found suppliers that will stock them. But seeing these sort of margins is putting me off a bit.
Would be great if anyone is selling wholesale products on ebay, and hear your feedback on how well your doing with it.
Thank you for any feedback.
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