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Originally Posted by FandangoKango I wish i could make the dough you guys are making! | I do it to support my whole family. If I dont get markups like that then I would be looking for a job. I need to clear 6k/month to keep up.
That means I have to make gross way.
There are so many places to make that kind of markup its ridiculous. Most of the time you can get markups like that just by creatively listing your items.
take a box lot of sockets or something similar for instance. you pay $400 for a butt load of them in mixed oddball sets. You buy a few more lots over the next few days or weeks and you start to get full sets that way. Then you start researching how to sell the sets in sets or individuals, or other.
The guys that sold the lots gave it away, then you will make the big money by being patient and adding to it and splitting them up where they make more sense money wise to do so.
There are so many people doing this now its not feasible for sockets but that is a good example of how I got started.
You have to be VERY creative on how you list. That is how I pretty much make my competitors look like morons. I can buy from them and double what they made on it. I have a full 40x40 garage though full of crap but when it gets full you can start getting creative.
There is more to it but that is kinda what I think is the best way to sell.
__________________ KingRay |