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How Successful Have You Been? Show Off To Others!

Ben Rush · 2010-10-26T22:22:16+00:00

Apologies if this is in the wrong section, but I couldn't see another area that would suit it better. I thought it would be fun to hear about people's experiences in the wholesale and reselling business. Your best and worst experiences, what products did you sell and so forth. Ok, I'll get this started. I bought two pallettes of over stock from Superdrug. To anyone outside the UK, Superdrug is a fairly massive chain selling cheapish body care, cleaning, styling products. They expanded their product range and tried to shift some really random items and it failed miserably. This left them with 2 warehouses full of various items they had to sell off quickly. So luckily I knew someone whose dad was quite high up in Superdrug. Went along to their warehouses and picked out 2 pallettes. As I was tucking into the stock I soon realized I'd just got the bargain of the century. I paid

mslilly

If you go and do a search on the Salehoo site, and search for handbags, you should find tons of links for bags...however, do not trust them all as being authentic. I tell you, it's very hard to find authentic bags ... What I normally do is email websites to see if they would sell wholesale, a lot of times they don't but sometimes they will.

It's just hard to find the REAL thing, and sell them on Ebay. They keep a watch out on fake items on Ebay. I know first hand! :) Good luck.

fblouis

Has anyone come to a problem where they feel they could only sell one type of item? I've come to that. First of all, I am new to Salehoo. But, I am not new to online auctioning. But my problem is that I've always been used to selling consumer electronics (computers, mobile phones, etc.). I'm trying so hard to sell other items, but it seems like this is my niche. Any suggestions?

kenco

how do you work out the percentage. There a formula for it but i forgot it, can you tell me. It's just for curiosity purposes.
With my ebay selling...
I bought nokia phone charges for $2 they sell on ebay for $10
A couple months ago i bought Nokia 5140 phones for $130, sold them for $220
I bought 2gb ipod nano for $200, sold for $260 and 4gb nano for $275, sold for $330
I'll be interesting to see the percentage of profit which is why i ask

Where are you people finding iPods? I've looked for them for months and found nothing.

shizaam

im stayinw away from ipods (electronics)etc for now...way to many people selling all the same stuff. That friggin toaster was so unique im still kicking myself for not getting more. anyways, i do think there will always be a market for kitchen stuff. shoot i buy crap i dont even need but if its a deal on ebay im on it lol

Agreed. Also at the moment on products such as iPods, you have to put low prices because of all the competition and adding all the costs of shipping and hours spent picking the right site and putting up the listings you may only make $5-$15 per products, you would be better off working in an area where demand is high but supply is low.

with iPods the deman is extremely high but the supply is even higher.

Good luck in the kitchen area, Im sure there are millions of mothers browsing ebay for some good utensils

productsplus1976

Well I have 2 stories.

My wife had asked me to purchase a certain movie for her. This movie was hard to aquire at a good price because it was a popular title. They were selling for about 18 a piece. Well By accident i mispelled the title of the movie and came across a lone listing of a seller trying to clear out 30 movies of that same title. He had buy it now for 6.99 and I said what the heck. I bought all the copies. the total was like $235.00 with shipping. I waited untill october since it was a OOP kids horror movie and then listed them 1 by 1 so they would end about 10 hours apart. I know they sold for 18 a piece from other sellers that had low feedback ratings. Mine is in the upper 500+ range and im a powerseller. .... Well I created a very nice design page for the ad and started the bids at a penny. Well the first one sold for $59.00 then I dropped all the other movies for around $45.00 a piece after that. We profited about $1,100 bucks off those movies in 6 days.

Another story we have was a few months back before the first. We had aquired some AS SEEN ON TV SAUNA Belts. We were buying them for about 50 bucks a case from a wholesaler in our state. These items retail for around $59.99 and up with 20 belts per case. Honestly folks these belts are absolutely crap items. a 4th of them dont work at all. Well anyways we sold about 6 cases on ebay. Most of them for around $17.99 a unit and we made some nice profit on them. We handled a few returns because these things were crap and broke easily. But then we got a message from a guy in canada. That had apparently bought 3 of them from us at 1 time for his family. He owned a small chain of stores in toronto. I think he said he had 8 stores. Well he wanted to know If I could get him 32 cases of them.

I told him yes even though I thought he was full of crap and just playin with us. So i sent him a quote of $4650 dollars for all of them and a quote for shipping by weight. UPS.. He ended up sending me a payment of $5125 . When I went back to the wholesaler to purchase the cases. I brought a uhaul to pick them up lol. they weighed in at 25 pounds per case and were fairly large.

When I popped into the wholesalers warehouse to order them the lady asked me what I was going to do with them. I told her the truth and told her I had to ship them to toronto. She said well we have another warehouse in toronto and they have the same product your looking for. And to top it off they offered to deliver them to the guy for me at no additional charge. I was totally blown away on the luck I was having. I paid around $1750 for the 32 cases of product and kept the rest. Making over $3,300 in profit and all for doing pretty much nothing.

Well those are my 2 big stories. Im still selling many movies and thats about it for now. Im working on a few other ideas but im doing about average stuff now. Hope you like the stories.

xmsgx

Wow thats awesome product!

my best stories so far is finding name brand jeans at yardsales for 50 cents to a dollar and reselling them on ebay for 5 bucks and up to 30 bucks each. Its to much work for to little money though.

irvinecars

HAVE BEEN SEARCHING THIS SITE NOW FOR A FEW DAYS AND FOUND NOTHING ANY CHEAPER THAN ON EBAY. BY THE TIME TAXES ETC ARE PAID SOME ITEMS ARE INFACT MORE COSTLY. MOST OF THE PRODUCTS I AM INTERESTED IN ARE NOT AVAILABLE. LOOKING FOR CALVIN KLIEN WEAR,FURNITURE,BAR STOOLS ETC ?? CANT FIND ANY ENGLISH WHOLE SALERS THAT ACTUALLY OFFER WHOLESALE PRICES.AT THE MOMENT NOT A GREAT DEAL OF USE. :?

esther-sawesomegoods

I'd like to know how people get sales?

I have only been selling for about 2 months. 1st month was on eBay, Member Profile: no1smurfette (4)

These are my feedback:

5 feedback received by no1smurfette (0 ratings mutually withdrawn)

Page 1 of 1

Period: All Past month Past 6 months Past 12 months

Comment From Date/Time Item #

Super fast delivery thankyou very much A+++

Buyer thistleplace( 14) 15-Dec-06 15 260058979149

Arrived quickly Good Communication

Buyer angelsfall1st( 5 ) 11-Dec-06 19 260058792417

Arrived quickly Good Communication

Buyer angelsfall1st( 5 ) 11-Dec-06 19 260058792339

Quick response and fast payment. Perfect! THANKS!!

Seller oz-auction( 67992) 29-Nov-06 08 260049159797

Smooth transaction all the way through! A+++ Auctionbrokers customer.

Seller dealsdirectaustralia( 88506) 04-Apr-06 10 4451324677

But I was selling at a loss, so I went to Oztion & have finally got a bid on 2 items but all the new stuff people reckon is too much but I can't go lower cause I will lose again.

So how do people buy stuff then sell at a profit? How do I bring my eBay feedback over to other auction site?

Where do Aussies get a good deal?

I am interested in other people's constructive ideas.

lun3rst4r15

If u gonig to post up your stories can u tell us what product your selling and where u got the wholesale from?

globrazil

Dear friends!

Online forward auctions are an ideal way to get the best price for capital equipment, materials and services you want to sell, such as when you need to liquidate excess inventory.

How do online forward auctions work? You initiate the auction by letting buyers know what products or services you have available. Buyers compete against each other in Web-based, real-time auctions, driving up demand and price as they bid.

pickleperfect

I bought some sets of picture frames (it was like 10 to a box of varying sizes) for about $5 from a local craft store that had clearanced them. I turned around and sold them for no less than $20 per box.

just-me

The wholesale business can be lucrative as well, the repeat buyers of 25 or 50 pieces are always welcome but every now and again it is nice to reel in a big fish that orders a truck load of goods.

nogdirect

Good story productplus !

--------------------------------------------------------------------------------------

If you want to make REAL money online, visit

Link hidden: Login to view

2enrique

I bought a 40 foot container full with ride on toys, cars, motorcycles and jeeps 6 and 12 volt

I paid $20 for a small motorcycle sold them on eBay for $85

I paid $40 each for a 12V dirt bike sold them for $195 each. I paid $80 for each jeep that will hold up to 110 lbs or 2 kids and sold them for $300 each. Now I have a warehouse selling all kind of items other than ride on toys.

bayericlowe

I'd like to know how people get sales??
I have only been selling for about 2 mths 1st month was with Ebay Member Profile: no1smurfette (4)
these are my feedbacks

5 feedback received by no1smurfette (0 ratings mutually withdrawn) Page 1 of 1

Period: All Past month Past 6 months Past 12 months
Comment From Date/Time Item #
Super fast delivery thankyou very much A+++
Buyer thistleplace( 14) 15-Dec-06 15 260058979149
Arrived quickly Good Communication
Buyer angelsfall1st( 5 ) 11-Dec-06 19 260058792417
Arrived quickly Good Communication
Buyer angelsfall1st( 5 ) 11-Dec-06 19 260058792339
Quick response and fast payment. Perfect! THANKS!!
Seller oz-auction( 67992) 29-Nov-06 08 260049159797
Smooth transaction all the way through! A+++ Auctionbrokers customer.
Seller dealsdirectaustralia( 88506) 04-Apr-06 10 4451324677
But I was selling at a loss, so I went to Oztion
So how do people buy stuff then sell at a profit ?
how do i bring my ebay feedback over to other auction site?
Where do Aussies get a good deal?
I am interested in other peoples constructive ideas.

Tough world right.

The best thing you can do is use an auction site to bid on items for a little while. Purchase some things, move around.

Then start listing all your products.

Finally, drive traffic directly to your online store and your products by the truck full.

Traffic + Content = Sales. Its the only method that always works.

You need alot of traffic to get going or at least a good portion of traffic. TARGETED traffic, as around the 100 visitor mark you normally make a sale and sometimes around the 400 visitor mark. Rarely if ever will you not sell anything at all once you got the traffic piling onto your web store.

The real key is to keep the traffic continuing to pile on, and pile up and that's where other companies like Google Adsense may try to help you.

kkaymel

Way to go guys !!!!!!!!!!!

planes

I kind of backed into this one.

Last Jan.07 I started listing the AMD 939 Toledo proc.4400 and 4800 and the Opteron. I knew it was a decent seller from research but I wasn't expecting what happened.

This was totally a risk as I was listing the item for sale on eBay before I had them. Then when they sold I purchased them. It took about three days to get and then I shipped them.

I did 20,000 in one month. I had people ordering 10 15 and 20 at a time. Mostly overseas.

It was crazy!

I was new to this. Got ripped-off by one guy in Russia and had some serious delays in shipping like one guy didnt get his for 60 days. and another in Brazil for 67 days. I only got 1 neg and profited about 1500.

All of these sales got me PSsilver in about 40 days.

There were actually people on the PS forums pissed at me for getting PS in such a short time. I pissed-off a lot of ebayer sellers on that one too. I undercut them all.

I did so much business with this online company that they gave me my own sales agent. Now this is a company that never does discounts or special sales, But I was blowing out their inventory and they likey.

Now you couldn't sell a 939 socket if they paid you.

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