TELL ME WHAT YOU THINK OF THIS BUSINESS IDEA?

United States
November 22, 2006 10:15am CST
I would like to open a second hand consignment store that sells on Ebay. What do you think about this?
1 person likes this
8 responses
@pookie92 (1714)
• United States
22 Nov 06
You should research the other stores on ebay to see how successful they are, how they operate, and how many there are. Ebay is harder than it looks, be ready to stand at the post office for hours, and watch the shipping charges, they can bite you in the hiney.
2 people like this
• United States
22 Nov 06
I don't like bites directed to the hiney...LOL. My daughter will help me to research this idea. She thinks it could fly. She has sold many things on Ebay
1 person likes this
@GardenGerty (160713)
• United States
22 Nov 06
I think the consignment idea is a nice touch, then you might be able to get more storage if it works. If it does not work, you are not out the expense of a mortar and bricks store. It is sounding a lot like an E-bay reseller. I only know a little bit about Ebay, although I took a not for credit class at the local community college that was very informative. All the best luck to you.
• United States
22 Nov 06
We have a few consignment stores in our town, but none that I know of that sell on Ebay. I would also have things of my own that I would sell, this would increase my profits.
1 person likes this
@gifana (4833)
• Portugal
22 Nov 06
A little initiative never hurt anyone. If it is possible, based on above remarks, then by all means if you got the time use it to your advantage. Would such a project mean that you would have to set up a business for tax purposes and can it be considered hobby? Just curious...
1 person likes this
• United States
22 Nov 06
That is a good question. If it becomes profitable then I would imagine I would have to set up with the State for taxes, etc. My daughter will be able to assist me on this one. She is quite savvy with this stuff.
@GardenGerty (160713)
• United States
29 Nov 06
So did you start with your idea? You could research it until you paralyze yourself, or just get going (I should take my own advice) I would document that you are doing it as a business, not a hobby then all of your household expenses can be prorated, like your internt connection, etc. Even a percentage of housepayments, utilities, etc.
1 person likes this
• United States
1 Dec 06
Wow...I didn't know that Gerty. I am still in the thinking about it phase of it all. With Christmas only a few weeks away I have to buckle down and get those gifts made. I hope to look further into the starting of this next year.
@dclibon (56)
• United States
22 Nov 06
This is a great Idea, However ebay auctions stores exist. Maybe you should check out there franchise
2 people like this
• United States
22 Nov 06
Thank you. I am limited on storage space so I would take in a little at a time.....maybe start with family members and their stuff.
1 person likes this
@mat_kind (97)
22 Nov 06
go for it theres no harm in trying iam trying to find products to resell on ebay so far its pretty hard
1 person likes this
• United States
23 Nov 06
I know of people that go to tag sales and resell on Ebay for a hefty profit.
@wahmoftwo (1296)
• United States
1 Dec 06
I think it is a great idea. We have had a blast with ebay. We don't have a store though, we just sell stuff from around the house.
@pookie92 (1714)
• United States
22 Nov 06
You should research the other stores on ebay to see how successful they are, how they operate, and how many there are. Ebay is harder than it looks, be ready to stand at the post office for hours, and watch the shipping charges, they can bite you in the hiney.
1 person likes this