Starting an online eBay business
By hockeytbl19
@hockeytbl19 (25)
United States
April 11, 2012 6:22pm CST
Hello all,
I have started an eBay business as I am a teen looking to make money from home and supply my parents with a little extra income. I have most everything figured out after a few sales, but still have on problem. Inventory. I have tried drop shippers, but their prices are staggering, and I can get the same product they offer for ten dollars cheaper on eBay. I am currently trying wholesale but if you guys have any other suggestions on how to get product inventory for cheap, I would greatly appreciate it.
Thanks!
6 responses
@Citizen_Stuart (2016)
•
12 Apr 12
Have you tried browsing through the "Wholesale and job lots" section of Ebay? Sometimes you can find collections of things which can be divided up into individual units to sell individually. Just as an example, I recently stumbled across a listing for 13 Batman comics. I was the only bidder and got them at a really low price. I'm now selling the comics individually - I've only sold about half of them so far but I've made roughly 200% profit on them. I've also heard of people doing this with Lego, stamp albums, cosmetics and suchlike.
@hockeytbl19 (25)
• United States
12 Apr 12
No, I have never even heard of it. Thank you for your suggestion! I will definitely check it out. Any other responses are appreciated.
@hockeytbl19 (25)
• United States
12 Apr 12
That is one I have heard of and I am in the process of making one, but collecting old series sounds good too. Ill try it out, thank you.
@Citizen_Stuart (2016)
•
12 Apr 12
The only thing that puts me off trying the Old Time Radio thing is that I have no idea how to check if a programme is out of copyright or not. For the likely return, it may not be worth the risk of legal trouble. Incidentally, if you ever go on YouTube, you might want to have a look at the video channel of a guy who calls himself "King Human" - he's great at coming up with ideas for small businesses.
@TeamCholent (2832)
• United States
12 Apr 12
Starting a business is never easy and requires a lot of time and effort in growing. Perhaps try and source as many cheap products as you can that you can sell on Ebay for a profit and keep plowing the revenue into the company so you can purchase stock in bulk. This would save you a small fortune down the line. Small steps will ensure your foundation is solid and also quick turn around time and small profits.
@hockeytbl19 (25)
• United States
12 Apr 12
One thing I have tried is sourcing, but it seems every BBBC certified business's prices are larger than that of what I can sell on eBay. I would build my own website, but alas, I cannot build traffic of what I would achieve on eBay. So, that is one option I have not found an answer to.
@tammymarie37 (260)
• United States
14 Apr 12
Another good thing to try is hit garage sells, you can find nice stuff that is very cheap. If they are sellable, list them on ebay for a profit.
@bonding2 (219)
• South Africa
12 Apr 12
you are hard working and an entrepreneur in the making , making money online is not easy but if you stick around long enough you will get there , there are lots of experts around here before long you will get the answers you are looking for
@honest_efforts100 (1607)
• India
25 Jul 12
Cheaper products to sell online in your ebay business will need you to go around the city looking for wholesalers with the lowest price for their products. You need to come up with a strategy to reduce the prices of your product at retail or wholesale prices. On the other hand try products not readily available to attract more customers.
