gibsonton | 03-27-2009 08:59 PM | Some Tips On buying Wholesale ! Ok , let me get my experince out - will probaly be in a couple parts , This is only my experience about buying wholesaling and nothing more .
I worked in Finance and the World of Real Estate for 14 years sold my business with a partner in 2006 was looking for something to get into and always wanted to do ebay full time and me and my wife had a baby on the way - it was a hobby before as i would by lots- collections-small bulk of items break them down keep what i wanted and sell the rest for a profit did this with cds- dvds- memorbillia -etc .
So i embarked on trying to buy wholesale , had hoped like many others that i would be able to buy wholesale and sell just like the store at the mall - hey i had some money to work with .I quicky found out without the BRICK AND MORTAR rule that most companys have ie a storefront , you aint buying nothing and they dont like internet sellers unless they have a store and are actively selling the same products in the storefront - you also have boundrys meaning some items can only be sold within so many miles of each other by each retailer. This alone should explain why you will always have problems with Vero if you are living on the darkside - so to speak ..and i do know what Designer items , nfl jerseys and dvds cost and you would be surprised at how much these items cost retailers they are not cheap and are a dead giveaway to Vero when you are selling a item for $30-50 that cost a retailer $80 -100 .
So i gave up on all that and decided well what about these wholesale list and i gave them a try and another try and than another try . till i was out quite a bit of money and hadnt bought anything ,but one these wholesale sites was legit just didnt have very good products to me and everybody was already selling the same stuff on ebay so supply and demand was about 10-1 as far as selling history on ebay .. but they did have a Forum on the whoelsale website and i read other peoples experiences and till one day it hit me , The best place to buy wholesale may be the very place that i first started buying which was Ebay ...and for me now it is 100% of what i sell i get from ebay or it was a contact i made through ebay and you would be surprised many of the top sellers are willing to work with you and sell to you by marking up a small bit and sometimes selling remaining stock at a loss as it frees up money for new items they have coming in ....
ok i will add more tomorrow with some tips and examples but just to tell you it is hard work(which will scare many ) as everybody want that MAGIC LIST - sorry its just not that easy - catch tomorrow. |