Anyone ever have eBay buyers contact you asking if you have more of a certain product? This particular buyer wants to buy a wholesale lot of one of my products for a nice price, but I'm kind of leery about it. I have plenty of inventory so I could easily supply them AND still make %100 profit on it.
Anyone ever make wholesale deals with eBay buyers?
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Last edited by aking; 10-18-2017 at 09:24 PM.
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I would definitely avoid it. You are a retailer not a wholesaler.
You may be saying at this point why can't I be both. Wholesaling is just retailing where you sell a lot more items to one customer, right? WRONG!!!
When you become a customer of a wholesaler, there is a ton of paperwork and usually some level of verification. That is because wholesalers have a lot more exposure and lower margins as a wholesaler. You cannot afford any chargebacks or fraud of any kind.
Right now you may see one scamming customer every 50 items you sell and you lose a few dollars. Now imagine that one scamming customer takes you for 100 items.
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Let him buy one small item from you so you officially have their contact info from ebay.
Then call them up, see if they are legit. If they are they can transfer money by wire to your bank account. This is how the big boys play. No paypal, no CC.
If the amount is huge enough, then use a letter of credit.
Over half of our business is low-end wholesale customers - many of which order through forwarding companies and have the stuff sent to South American countries. We do extremely well with these customers since most sellers aren't willing to sell to them even in small amounts. I haven't been scammed by any of them and many now contact me directly on a regular basis. In most cases it's just another merchant trying to source inventory.
I guess it's got a lot to do with what you sell. Wholesale customers are what keep me profitable and keep my cash flow high enough to get bulk discounts with suppliers.
Just be sure what you warranty, if any is. The only problem I've had doing wholesale is one of their customers has an issue or is scamming them, they come back to you for refunds or exchanges.
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Buyers contacting me about wholesale buys 
