Product sourcing is possibly the hardest and most important part of starting your eBay business. Many budding eBay entrepreneurs fall at this first step and this puts them off starting an eBay enterprise forever. This article plans to prevent any more business threatening decisions when it comes to sourcing highly profitable products to sell on eBay.
The first place you could find products is on eBay itself. There are many sellers that fail to spell their main keywords correctly or list their item in an unattractive way, or they use terms and conditions that put a lot of buyers off, such as a minimum feedback rating, or weird payment terms. You can snap up these products after a little searching on eBay or using a misspelled search script, and resell them using correct spelling, an attractive listing design and terms which enable the majority of buyers to be able to purchase the item.
The second place you could find profitable products is through a wholesaler or dropshipper. Wholesalers enable you to buy products in large quantities for a much cheaper price because of the quantity you are buying and you can then resell these products at a far greater price. The key for this method however is finding a reliable and profitable wholesaler. You want one who delivers your products on time and at a price low enough so that you can resell it for a considerable profit. I strongly recommend DropshippingWholesalers which is a fantastic dropship and wholesale directory.
The third place you can find products is at car boot and garage sales. These places are fantastic for finding bargains, such as undiscovered antiques that you buy for a few dollars and sell for $30 or $40 or even $100. If you have knowledge in the antiques and collectibles market, you could potentially find these bargains and make a considerable income using this method. If you arenâ€™t so knowledgeable at buying low and selling high, never fear because this eBook explains exactly how to buy at garage sales and sell on eBay for profit
Fourthly, you can locate products to sell on eBay from other businesses. How great would it be if other businesses gave you their products for free for you to sell and keep a percentage of the profits? Pretty damn great Iâ€™d say. This is a method Iâ€™ve used very well.
All you have to do is contact a small local business and see if they would like you to distribute products for them and keep 10%, 20% or more of the sales. To maximize this method team up with bigger businesses or more businesses and eventually you will be earning a full time living doing what is known as consignment selling on eBay.
There are four methods of locating profitable products on eBay, using the information above; you cannot fail to assemble an army of profitable products to sell on eBay.
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