Source Low Cost Products
Where to Source Low Cost Products for resale on eBay.
Sometimes people have trouble sourcing low cost products cheaply enough to sell it for a sensible profit. This is common with ‘new timers’ entering the eBay market, but with a little advise and tips, I can have you thinking, buying and selling like a powerseller, in no time at all! Here are some really common venues, to access a wide variety of products, to get you started making money the easy way, on eBay.
This may be a very little surprising to source low cost products, but some outlets even sell things cheaper than they sell on eBay. Have a go searching your local deep discounter, and pay special attention to any shop that takes trade-ins from customers. The possibilities are they take a loss on trade-ins as a promotion, and are dying to get rid of that stock.
The probabilities are you’ve gone most of your life seeing ads for these and ignoring them. Start going to as many as possible. You will not find good things at every one, however when you discover one person with smart stuff, make them an offer for the whole lot – they will be happy, and you can get a real discount.
Pawn shops don’t typically realise what to do with the junk they accumulate (unless it’s jewellery). Generally, they place their stock out on the shelves haphazardly, hoping that sometime somebody with a little money will simply happen to come back in, search around and obtain wildly obscure things. Get them to offer you a discount for bulk.
If your suburb incorporates a market, then go there and shop around for something smart, that you know will resell on eBay easily, or you are sure there is a market for this product. You may buy it there if it’s low cost enough, or strive to create friends with the market traders, for future sales, and find out who their suppliers are.
Go to a real auction,to source low cost products, as the probabilities are that you’ll be able to resell things for more than they will sell them. After all, they only have some hundred folks in that room – you have a few million to sell to!
Place an ad in the local paper that reads “I pay money for [your item kind]”, along with your phone number. If you can afford it, make it a massive show ad, therefore it will be noticed. There is a lot of valuable stock out in the community and you can’t be everywhere at once, so use advertising to cover a larger area to source low cost products.
In grocery stores and shopping malls there is always an Ad board with a list of articles that people are ready to sell for next to nothing. A lot of these banner ads also come with photos of the items for sale, so it is quick and easy to see if anything there is worth spending your time to investigate further.
Family and Friends
Ask your family and friends if they have anything they’d like to sell you. Most times they would be glad to give it to you for a reasonable price, and they are probably happy to get rid of it. Also, ask them to spread the word to their friends and associates. The wider the circles of friends, the bigger the market of available products becomes.
Get the word out in the local and wider areas, that you are interested in sourcing a large group of low cost products. Give out business cards, and mention to people what you do. The chances are that you’ll come across someone who will, or will know someone who will, have a large supply of valuable products for sale. Remember, it is not what you know- but who you know!
Keep your eyes open when travelling and in advertisements for information about Bankrupt businesses selling stock at desperate prices. When a business is closing down and having a final sale, they will be desperate to get what money they can and also to get rid of it so they don’t have to transport to somewhere else. As sad as it sounds, your can gain from another company’s loss, so this is a good example of where to source low cost products.
Drop shipping is another exciting avenue to source low cost products. Dropship companies have a huge supply and gigantic range of products, to satisfy every market. Drop shipping use means all you have to do is find the customers, and just sell the products. The dropship company holds the stock, does the packaging, and posts the product to your customer, and then you get paid.
When you’re looking at the finished items view, you’ll notice the huge vary of costs that things can sell for on eBay. Try taking the highest-priced item and looking for it on its own, then sort by lowest value first. I can almost guarantee that you will see an auction for the identical item where it sold for pretty much nothing. The trick is to search out these flawed auctions before they close, win them using a bid sniping service, and then turn around and resell the item.
Here are some other Wholesale Sourcing sites that I have found for you to browse. Thanks for visiting Sourcing-3.com.
Source Low Cost Products
Source Low Cost Products