The minimum amount to spend to get a good deal? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > WallStreetBets > Dropshipping & Wholesale Suppliers

Dropshipping & Wholesale Suppliers Discuss Dropshipping on/off eBay, Amazon, Shopify, Etsy and other platforms.

Reply
 
Thread Tools
  #1  
Old 10-17-2010
Junior Member
 
Join Date: Aug 2008
Posts: 88
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 90%
iTrader: (0)
Default The minimum amount to spend to get a good deal?

I am looking to start wholesaling. The big problem I found is that almost all wholesalers have really high prices. However, if you place a big enough order, the price is drastically reduced. Most have minimum orders of around $100, but that gets you nothing. The price you pay is about the same as the going rate on eBay. How much is typically needed for a wholesale order to get a pretty good price? Would a $5,000 order do it, or should I plan on $10,000 or higher?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 10-17-2010
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 76,015
Thanks: 5,942
Thanked 8,922 Times in 8,214 Posts
Activity: 100%
Longevity: 83%
iTrader: (7)
Default

I am no wholesaler at all but I did do some research into it. Seems like 3k+ is where the meat is at.
Reply With Quote
  #3  
Old 10-17-2010
slapped's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 3,363
Thanks: 398
Thanked 1,406 Times in 871 Posts
Activity: 0%
Longevity: 81%
iTrader: (4)
Default

In all Honesty it Really depends on what you are trying to Buy,,,,For Example Lets say you are Talking about 52in LCD TV's,,an order of 10 units of the SAME Make/Model would be a Large Order and get you a Pretty good Discount,,,,You would still have to lay out about $10,000 or more,,,,now lets say you are talking about 3ft HDMI Cables,,,an Order of 500 Pieces is Considered a Lot and would also get you a Big Discount,,,500 3Ft HDMI Cables can go for LESS than $3,000,,,,,

how about 10,000 Iphone screen protectors,,,,that too is a BIG Order,,,,they can be purchased for LESS than $1000,,,,,,


So you see it all depends on the Product you want to Buy that determines how many Peices is considered a BIG order that deseveres the Biggest discount,,,the Dollar amount has VERY Little to do with it,,,,,,It's ALL About Volume and TURNOVER Rate
__________________
The 3 Keys to Success are:,,,,Research, Research, and More Research,,,,,
Reply With Quote
  #4  
Old 10-17-2010
Junior Member
Threadstarter  
 
Join Date: Aug 2008
Posts: 88
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 90%
iTrader: (0)
Default

I was thinking something in between expensive LCD TVs but not as lame as iPhone screen protectors. I will shoot for about $3,000 to $5,000 saved up ready to place an order and then check around to see what I can get.
Reply With Quote
  #5  
Old 10-17-2010
Junior Member
 
Join Date: Apr 2010
Posts: 39
Thanks: 1
Thanked 2 Times in 1 Post
Activity: 0%
Longevity: 81%
iTrader: (0)
Default

the hdmi cables might be good. the cables at the store are always overpriced.
Reply With Quote
  #6  
Old 10-17-2010
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,217
Thanks: 895
Thanked 4,069 Times in 2,169 Posts
Activity: 0%
Longevity: 81%
iTrader: (12)
Default

Quote:
Originally Posted by oomalikoo View Post
the hdmi cables might be good. the cables at the store are always overpriced.
Yes. And the thing about HDMI is the signal is DIGITAL. You either get the signal, or you don't. If a cable is defective, you MIGHT still get a picture with those little pixellated boxes. But if the cable is OK, they all work the same.

I know that Monster Cables, in particular, takes issue with this and insists that you need to spend $100 on a good HDMI cable, but that is just complete baloney!

I always buy my HDMI cables online. What costs $7 online is $39 at Radio Shack, or $69 at Best Buy if you buy the cable when you buy the big screen TV. Margins on those TV's is RAZOR THIN due to competition, but if they can sell you the HDMI cable at $69, that puts another $60 in their pockets. And then there is, of course, the extended warranty. Not to mention, the $100 TV stand is now the $399 TV stand since they know that you will be placing a more expensive TV on it.

But more to the point of this discussion. YES, this is a good start. Sell a product online that costs more locally. This is the kind of thing that you can price competitively and still make money. Trying to sell big screen TV's is not for the small guy. Unless, of course, you have some special relationship with a supplier - but those are extremely rare.
Reply With Quote
  #7  
Old 10-17-2010
Junior Member
Threadstarter  
 
Join Date: Aug 2008
Posts: 88
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 90%
iTrader: (0)
Default

A big issue for me would be space. I don't really have the room to hold 10 big screen TVs.
Reply With Quote
  #8  
Old 10-17-2010
slapped's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 3,363
Thanks: 398
Thanked 1,406 Times in 871 Posts
Activity: 0%
Longevity: 81%
iTrader: (4)
Default

Well, I hope at Least I was able to shed some light into what you are trying to Achieve,,It seem to Me that you are in Search of a Product,,,All I will Say to you about that is NEVER Consider a Possible Product "LAME",,,

You should be getting involved in this to Someday say : "My Company did $600,000 in Sales this Month" (With your Profit Being $15,000),,,,,,,,,,,

As Opposed to saying: "My Company sells Sony Playstation 3, and Sharp 52in Quattrons" ( With your Profit being $100),,,,,,,,,,,,,,,,,,,,,

At the End of the Day it is all about MONEY EARNED,, NOT The Glamour of the Products that you sell,,,,,,,,,,,,

Take My word for it it is MUCH Easier Earning $1,000 selling Screen Protectors than it is Selling Ipods,,,,,
__________________
The 3 Keys to Success are:,,,,Research, Research, and More Research,,,,,
Reply With Quote
The Following 2 Users Say Thank You to slapped For This Useful Post:
pod (10-18-2010), yellow0102 (06-20-2011)
  #9  
Old 10-18-2010
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,217
Thanks: 895
Thanked 4,069 Times in 2,169 Posts
Activity: 0%
Longevity: 81%
iTrader: (12)
Default

Slapped is 100% correct.

TeraPeak and Vendio are both good places to do research. They have eBay's data organized and stored, so you can type in an item and see how many sold over the last 3 months, the average sales price and Vendio even anlyzes the best times for you to start your auctions (or Buy It Now Listings) and what features (if any) to use.

Never get emotionally involved with your merchandise. I don't know what the percentage of people who fail is who break that rule, but it must be very high. Everyone thinks they can sell what they personally like, but those markets are usually saturated since a lot of other people like the same things.

What you end up selling may not be very sexy, but when you make $5,000 selling it, it gets a whole lot sexier, doesn't it?
Reply With Quote
  #10  
Old 10-18-2010
Senior Member
 
Join Date: Sep 2008
Posts: 1,360
Thanks: 37
Thanked 57 Times in 48 Posts
Activity: 0%
Longevity: 90%
iTrader: (4)
Default

Quote:
Originally Posted by ibanez13 View Post
A big issue for me would be space. I don't really have the room to hold 10 big screen TVs.
get a local storage....if i remember correctly a 10X10 is about $120 a month
Reply With Quote
  #11  
Old 10-18-2010
Junior Member
Threadstarter  
 
Join Date: Aug 2008
Posts: 88
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 90%
iTrader: (0)
Default

I bought screen protectors on for my Droid on eBay. They were 6 cents shipped. That's why I consider them lame. At that price, I would have to do local pickup only. I don't really like the idea of selling electronics. I sold a few, and then you have to worry about whether or not the buyer knows what they are doing. Otherwise, you get returns for "broken" items that turns out are perfectly fine. Plus, electronics come out with a real high price tag, and then a month later a better version comes you. If something happens and you can't sell for a while, the value drops out and then you are just hoping to break even.
Reply With Quote
  #12  
Old 10-18-2010
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,217
Thanks: 895
Thanked 4,069 Times in 2,169 Posts
Activity: 0%
Longevity: 81%
iTrader: (12)
Default

Quote:
Originally Posted by ibanez13 View Post
I bought screen protectors on for my Droid on eBay. They were 6 cents shipped. That's why I consider them lame. At that price, I would have to do local pickup only. I don't really like the idea of selling electronics. I sold a few, and then you have to worry about whether or not the buyer knows what they are doing. Otherwise, you get returns for "broken" items that turns out are perfectly fine. Plus, electronics come out with a real high price tag, and then a month later a better version comes you. If something happens and you can't sell for a while, the value drops out and then you are just hoping to break even.
Electronics are not really good for small retailers. Highland, Silo, Circuit City and others have all failed in this business. And they had lots of resources and financial backing. They got better pricing than you could ever hope to get. Yet they all ended up in Chapter 11....

Having said that, if you could find a NICHE product that you can get cheap and you can actually SELL it (8 track tape players probably won't work too well) you can make some money.

Back in the 1990's, I found a closeout deal on a piece of software from IBM called "Voice Pilot" an early voice recognition package. For what they were, they worked OK - of course it cannot compare to what we have now.

Bought 10 of them them as a closeout for $4 each. Came up with the auction title "YOU TALK, IT TYPES!". Listed it as a category featured auction starting at $1. Sold all 10 above $25 each. Went back to my source and bought them out, almost 2,000 units. It took me 2 months to sell all of them, but I got over $20 for each one.

Of course, then I had some problems. Not with CUSTOMERS, but COMPETITORS. They saw that I was successful and wanted that $$$. One put up a listing for the ones he bought and stated in his ad that people should avoid buying from me because I was a scam artist who would take their money and not deliver anything. Another one emailed all of my winning bidders (email addresses were publicly available on eBay back then) stating this was HIS auction and that if they received a winning bid notice from me, that it was a scam, and that they should report me to eBay - and send their money to HIM, of course. And then there were those people who would email my bidders one by one offering to sell them the product cheaper.

None of these things amounted to much, but it WAS stressful. Then there was one guy in particular that REALLY irked me. He emailed Safe Harbor and told them that HE came up with the title "You Talk, It Types" and that I stole it from him. Even though he didn't have a SINGLE AUCTION for this software!

Most of these things could not happen now, since email addresses are hidden. And they no longer have Dutch Auctions or Home Page Featured Auctions. But if you find a niche product and you are successful, be prepared to deal with this kind of stuff. Monkey See Monkey Do.
Reply With Quote
  #13  
Old 10-19-2010
pla123's Avatar
Junior Member
 
Join Date: Feb 2009
Posts: 7
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 88%
iTrader: (0)
Default

That might work for wholesalers , but I dont see a big margin for people selling screen protectors on ebay ,
the market is too competitive,,,only the big guys make money with those
257,693 results found for screen protector
136,246 results found for playstation 3
115,449 results found for xbox 360
Reply With Quote
  #14  
Old 12-04-2010
holymoly's Avatar
Senior Member
 
Join Date: May 2010
Posts: 842
Thanks: 30
Thanked 72 Times in 55 Posts
Activity: 0%
Longevity: 80%
iTrader: (1)
Send a message via Yahoo to holymoly
Default

Yes, you should be looking at QUANTITY not PRICE. I would be hitting items in the 30-50 range just to see how everything sells FIRST!

I know you've done the research.

I know it's a NICHE MARKET.

I know you make double sure.

Do you have the products, have you sold them before? Probably not...so just test the waters with a smaller order, see what you can handle. Don't bite off more than you can chew.
__________________
Assume people are stupid...and you are probably RIGHT.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Best deal on good shipping labels ??? KingRay eBay Discussion! 2 03-14-2010 07:02 AM
Discounters, Monitors Face Battle on Minimum Pricing iamaseller eBay Discussion! 4 12-06-2008 12:54 AM
Suspended Minimum 7 days HELP!!! freddyp23 eBay Suspensions 10 12-07-2007 11:28 AM


Aspkin Group

All times are GMT -5. The time now is 05:03 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58