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Found a seemingly reliable source for electronics
 

So I think I landed on a reliable supplier finally who sells genuine electronics at a great price. For example, the Nexus 7 tablet for $200 a piece is a great price. Really, what's important after being scammed a few times is to go through at least a round of sample orders. But I will deal with a company in Canada versus one in China any day. Now the problem is how do I safely sell these products. They have a wide range of products, all branded, coming from Canada, but I feel that I'll get shut down fast by Ebay if I try to sell too many at time.

If anyone has any tips, it would greatly be appreciated.

Thanks!

You do know they retail for $200 through every one else already right?

That is for a one piece sample order. But even $200 for a small order seems pretty good to me within Canada. They Retail for $269 + taxes here. And $249 in the states.

This is for the 32gb.

Good work for looking for a dependable source for your items.

Safe selling will depend on the manner in which you run your account.

A new account with little to no feedback might have troubles. A business account, fully verified with a working plan, may be able to slowly sell the items.
Did you have anything like that in mind?

:juggle:

Well I have a pretty good standing account with 150+ feedback. I will just try to sell slowly, a few every week, build feedback and go from there I think.

I was worried that I have been paying too high of a price after reading unknown's message. But I now realize that he/she was talking about the 16gb. I'm currently
dealing with the 32 gb ones. hehe.

FB of 150 means you are away to a good start.

If you do go slowly, then it should be doable.

:thumb:

thanks! I'm just worried about the invoice dealio...

Sorry for confusion. And I do realize Canada has higher prices. Stick with that 32GB, it is certainly the most popular.

Even @ $200 you probably won't be able to make much, if anything on ebay/amazon. You won't get retail for the tablet and after the fees and shipping costs on your end. Even if it is a sample order, you won't get them much cheaper. Only the big players like best buy can make money off of electronics on ebay/amazon. The margins are so razor thin. So you figure:

Wholesale cost of Electronics + shipping to you per unit + Fees (Amazon/Ebay/Paypal) + Miscellaneous Costs of Doing Business = Discounted online purchase price for customers = No Profit/(Potential Lose)

At bulk pricing. I can definitely profit. $200 is just the sample trial run price. I've already received a 20 pc order, and at the bulk price, it really is a good way for some to make money online.

i do wish you the best of luck but you can not profit on these items. they are meant to only be profitable to the big companies that sell them, best buy etc... otherwise those companies would not agree to sell them. the market is extremely saturated with these type of products. i am not trying to be cynical but at 200 plus other expenses you will not be able to make much on these

This thread is full of fail......

1. A large company is not going to distribute to extremely small time sellers like yourself. Large companies like best buy dont even make profit on those items. They make their money on the cases, and accessories. They carry those products to get you through the door or onto the website and then make bank on accessories they buy for .10 and sell for $40-100+, along with the protection plans.

2. Of course your "sample" was authentic or genuine. They did exactly what they wanted you to think and do..."Yeah, I finally found a legit supplier!". And then you order more and they are quality replicas. Half the parts will be real, and half (most likely the expensive and most important parts) will be cheap crap.

3. I am not ripping you, as your emotion can take over reality. Most products these days dont make money on the items themselves. For example video game consoles, tablets, phones, and the list goes on. Be smart.

^ some particular electronics like Consoles, phones very minimum.

Find out whose their rep-distributor (i.e, techdata, GB corp, soft choice, ect.,)

Get commercial/pro-formas copies of these products, some return profits for cellphones/electronics reach 10/15% roi max.

They maybe phakes ?? hardly but has happened and the parts assembled are cheap,,you may not even know it.. somewhat true.

get to know you mqo, example 3-5 per lot? Ask these questions before buying. http://www.aspkin.com/forums/wholesa...-supplier.html

Anyway, I guess you guys didn't read that I have already received a 20 pc order, all genuine, at a good price that is NOT at $200/pc.

I understand what you all are saying, but just because you have not found a good source that gives a price point allowing good profits, it does not mean that such a source does not exist.

Although very few of these comments actually have to do with my initial questions, and concerns, thanks for the tips.

Good luck to you all.

High demand electronics just arent going to end up in the hands of Joe Blow who want to make a little money off of 20 at a time. Your telling me google who is worth of 250+ billion is going to deal with anyone other than the top dogs? No way in hell. This is corporate America. They want nothing to do with you, unless you buy their product, then they will care .0000000000000001%

You are right. At a 20pcs order, you will get them at $199.95. At a 2000 piece order you will get them at $198.00. At 2,000,000 pieces you might be able to get them at $190.00 a piece but that will be the lowest you can get them at. That is if they are legit. If you are really getting them much cheaper they are ⊗⊗⊗⊗.

Amazonstealth is right the very vast majority of profit for any electronics store is made on the accessories and carrier commissions from an ongoing reccuring service fee (ie sprint, verizon, etc on a phone, tablet, laptop).

Any LEGIT Distributor will NEVER, EVER, under ANY Circumstance sell you a Replica, they will NEVER Misrepresent ANY product that they carry, The contracts ALONE that they have with the Manufactures are worth MILLIONS, they would NEVER put those contracts in Jeopardy,,,can you Imagine a Company like Ingram Micro selkling ⊗⊗⊗⊗ Ipads, they would lose their contract with Apple, and that contract alone is worth Tens of Millions, maybe More.

As for margins being Razor thin, well thats true,,,,BUT, Major Distributors also Offer Deals on Various Items, for Various Reasons that are UNBEATABLE, a PERFECT Example is Ingram Micro, Because they Overcommitted in their Purchase agreenments in their contract with Apple in reguards to the iPad Mini, 2 weeks ago they had a Special Sale for the Mini,,,$239 for the 16GB Mini Min 10PCS Purchase, and $339 for the 32GB,,,Purchasing at their Regular Price you CANNOT make a Profit on Amazon/Ebay,,But at that 2 Day Sale Price you could have,,,

Dealing with Real Distributors will Provide you with AMPLE Opportunities like this throught the Year

Do add IMO.

Absolutely the OP may fall flat on his face.

However he is making an endeavour to try something.

His thread is a change from the I wanna know or Gimme the info....

He got off his backside.

Sourced a supplier.

He is being careful in his approach.

I can see no point in repeated posts knocking this.

:peace:

This goes without saying but the jury is still out on whether or not his supplier is legit.

There is NO jury.

OP is not on trial.

OP has done suitable research.

Dont join the list of assumers....

Stop racing into judge.

OP has confidence in his choices. Much the same as many other business men have.

:peace:

The fact that I said the "the jury is still out" means I am not racing to judgement. But you of all people would appreciate, giving someone the harsh truth even if it is not what they wanted to hear.

One thing I have always respected about this forum is the brutal honesty that is handed out to prevent people from scams and other types of failure. The concensus in this thread is that the idea of highend name brand tablets being profitable on ebay/amazon at such a low quantity smells.

Next someone will post that they are getting Iphone 5's for $300.

I'm sorry it was not all teddy bears and roses.

Let them post such a statement.

See which of us asks first what episode of Fantasy Island is being played.

:pop2:

OP might be purchasing refurb items repackaged as new and not even know it. Seen it done over and over. Only way to really justify buying something that google is losing money on selling makes any sense.

Woah...why has my question stimulated such a response from the forum?

Legit or not, I have a source that so far has sold me 21 tablets at a price where
I can make some bucks online, locally, or whatever. I understand that I wouldn't be able to get them direct from Google at a price that I can compete with the big boys...ya I get that...

I'm not trying to sell these to anyone on the forum...nor am I acting as the supplier. So what's going on there? This thread just seems a little heated for no reason. lol

But good information nonetheless for readers regarding suppliers, profit margins, fees and whatnot

The topic is not heated, it is just a forum being a forum. Everyone has their opinion and you pick and choose from there. I think to make it clear no one wants anyone here to get ripped off. We might have been harsh but its just our way of warning you. I DO hope it works for you, just does n ot seem very realistic.

ok,, people here are very tense when it comes to wholesale, the op said he received the products, nothing wrong here and I should have read the thread where he said he received.


I will never resell products on here, I will be attacked immediately on the subject,,sourcing reliable suppliers it's difficult, I've been there but not impossible, bad experiences are part of business deals, carefulness, use entrepreneurial instincts and self research. Nothing wrong w/ testing a supplier and just take safe payment measures, basic knowledge. Does not mean everyones a crook, don't take bad judgment and loose opportunities before learning.

just saying..

I haven't read much of what was said here but buying @ 200 and making 20$ profit is just not worth it man. You are running the risk of losing a lot more than making. I suggest that you concentrate on selling generic items which aren't as expensive to buy. Something that cost you no more than 10-30$ per item.

Im Not quite sure why so many here feel that $200 for a Nexus 7 is so Cheap that it's "Suspect", The Pad retails for $249.00,,He simply may have found a Distributor that has "Overcommited" to Google and is Most Likely moving the Pads at his cost or maybe Slightly below that so he does not jeopardize his contract with google,,,It is a VERY good Bet that those pads are 100% Legit

I got some breaking news for some of you,,,thats EXACTLY what EVERYONE is supposed to be looking for,,the seceret to this whole thing is NOT to deal with 1 Distributor, But MANY, as many as possible, and to forge STRONG relationships with them, this way when one of them needs to "Move" an item, they will call on you to "Help Them", BUT in order to get that call, you need to spend money with them on a Regular basis on things that you make VERY little on MOST of the Year so you can be invited to "Move" something.

There are ALL sorts of examples of this EVERYDAY, Here is another, Before Nintendo rolled out the WiiU, they "Moved Out" the regular Wii at $69.00 each, in that short period you could have EASILY gotten anywhere from $99 to $129, for a regular Wii

Then you got another Opportunity to gamble durring the "Pre Book Period when you were able to order almost Any amount of new WiiU, for $342 (Black), if the "Hype" was big enough then you could make another Killing, and with the WiiU it sort of was,,the MSRP of the Black WiiU is $349.99,,,for about 2 weeks they were selling from $440-$500 on Ebay,,


These are the things that you wait for,,,you tread water and Break even for the VAST majority of the year,,and then you make a couple of short lived KILLINGS, when those opportunities for a Killing come, you simply need to maximize on them,,

We've all be "slapped" with some knowledge..

I actually do have a 2 supplier like what slapped is talking about where they contact me to get rid of stuff they have too much of...

I don't think anyone here thinks that $200 for a Nexus 7 is cheap or suspect. What we think is suspect is his ability to make a profit on ebay/amazon on Nexus 7 tablets. I doubt his wholesaler gets them cheap enough to make a profit on ebay/amazon.

While what you said about closeouts is true, you mentioned two important conditions. One you have to have a reputation with these suppliers that you nurture over time through frequent spending and that these closeout deals come around a few times a year. Your business model is not the same as the OP's business model.

As for your business model, I see it as a water ice stand. You make some good money a few months out of the year but for the rest of the year your business is an inefficiently utilized property.

mcjerjer - you could create a smaller side business - register it to your provincial formulary and generate your own invoices to your main selling company...way around dealing with invoices of China provider.

That is the smallest part of my business model, along with those products that i have nmentioned in this thread (Ipad mini, Wii, WiiU, ect) I also sell an emormous selection of surrounding products such as Screen Protectors, controllers, silicon cases, games, connecting cables, ect, ect, EVERYONE knows that you cannot survive selling only the main piece of hardware.

I was only attempting to illustrate in a very SMALL way a portion of the inner workings of the comsumer eletronics business for those who might be interested in learning. Selling surrounding pruducts is such a natural extension to the business that it goes without saying.

Find something else don't deal with technology. I use to have a business registered in the states. You need to invest over $100,000 monthly on electronics! And I got the real people with real stuff, but you need to buy so much per month from these guys. And if you don't sell it on time they price drops and you are out of luck. Best buy guys buy like $5 million or more directly and get a cheaper price at times and have the stores to sell them.

You have 1 bad seller who scams you or opens up a dispute you are out of your own money! And one tiny issue and all of that was for nothing! Sell a different product that is under $30, for male and female of all ages! Everyone wants laptops you can make 10% if you buy over 10 to 20k worth of laptops but then again it's not new and it's used and risky and so on. I wouldn't touch it really. Find a place online that has really cheap parts at a discount and build your own pc's and resell them but then again with stuff worth over $500 the fees and shipping costs and so on. So not worth it really. It's too risky.

There are more people on this world who have $30 to spend then $200. So you are also limiting your self with high end prices. Just my 2 cents! I sell and make a good profit with just 1 account. And I make a good 400% profits on ebay with it.

Once I have more money I am buying something to help me boost it up to 1,600% and then get it out of china or india and earn 3,200% on my money and yes selling this on EBAY!

And my products don't expire as in the price like your stuff would within a month or 2.

Everyone wants to sell iphones and so on. Video games you only get $1 off from retail price when you buy with a business. Then you got to pay shipping too you and need to buy 100+ games just to make a buck! Screw that!

To sell stuff on ebay you need to find out what you'd like to sell and get into and know what you are doing and spend at least a year in research into this!

Good luck!