If you really want to work from home and sell products on
eBay it's going to take hard work. Don't think you're going
to be able to work a couple hours a week and make a living,
if you are doing this because you don't like to work you can
forget about it, it won't happen. If you are willing to work
hard however, you can forget about making a living on eBay,
instead you can worry about making an absolute killing on
eBay!
There are many different options to consider when starting
out. First you need to decide what you want to sell. I know
we all want to have a complete online store of things to
sell but for now you need to pick a couple of products, or
one specialized area. For example if you are into fitness,
like myself, you might want to start researching stability
balls, or dumbbells, or even weight benches. If you stick to
an area you know and understand you'll be able to find
better values and write better reviews. The more passionate
you are about an area the better you'll do because people
will see you as an expert in the field and trust you more.
Next you need to decide where you are going to get your
products. You need to make sure you are getting your
products from the manufacture or as close as possible. Every
hand the product goes through cuts your final profit margin.
So make sure the wholesale you're looking into is a real
wholesaler and not a distributor or you won't get the
wholesale price you want.
There are a couple of different options for legitimate eBay
wholesalers. You can drop ship, which means you don't have
to carry an inventory. You list a product and sell it the
drop ship source then takes a small percentage and ships it
to your customer.
Although this seems like the easy option, there are a couple
of disadvantages to drop shipping. First you don't get to
keep as much profit as you may want or need. Second it's
hard for you to guarantee your service, if a product is on
back order and the drop shippers doesn't inform you, you
could end up with a bunch of angry customers. You generally
have to handle of customer service issues even though you
have no control over the drop shipper.
Customer complaints could easily be the end of someone
trying to get started. Drop shipping is the best option for
someone that cannot afford an inventory, but be aware of the
problems that could occur.
Another option is carrying a small inventory so you can
guarantee service. The best option if you can afford it and
your wholesalers will allow it. The problem is many
companies want you to order way more than you can afford or
want to carry to get the best discount.
The final option would be to buy in mass quantities receive
the best discount and keep the most profit. The downsides
are having enough money to pay by the truckload, storing the
product, and ensuring that you sale and don't get stuck with
anything.
Now that you know everything there is to know about
wholesalers you need to decide which one is right for you.
You will need to decide on a legitimate wholesale list.
Since you already have an idea of what you want to sell
don't sign up with any "eBay wholesaler." If you've been
researching this for a while you understand how hard it is
to find a legitimate wholesale list. There are a lot of
scams out there so you need to be careful. Many eBay
wholesalers are going to make you pay a small fee for their
wholesale list but it shouldn't be an excess amount. My
wholesale list cost about $70 for a lifetime membership. You
can check them out at
http://www.we-review-for-you.com/rwholesalesupplier.html
Before you join make sure they that the suppliers can and
will cater to your needs as an eBay seller, otherwise you're
business is going to fail. Don't let them ruin you, before
you get started.
Brad McCleary has worked for himself, from home, for over two years now. He takes pride in helping people find freedom from the work force. He has written many articles with tips and advice on starting and running a home based business. You can visit his website at http://www.we-review.for.you.com/