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"#1. Buying Wholesale, Selling Retail."

 

eBay!

 

eBay!  is I believe the worlds largest flee market, a world wide mall of unbelievable proportions. I have used ebay extensively over the years and have bought many things at bargain prices. (You can check me out if you like) Click on the eBAY link above and at the bottom left of the page click on "Feedback Forum". On the new page enter in "Banjo-ok" and it will give you my "reputation" so to speak. Or you can check my "About me" page.

 

Well now here is a considerable problem. Dividing fact from fiction. Do a simple search for selling on eBay!  and you will find an amazing number of ebooks, (books that are downloaded and displayed on your computer) promises of making thousands of dollars in your first month, and if you check your local library I expect you will find probably about a dozen books on the subject. The idea here is to buy stuff from garage sales, flee markets, whatever and sell it online where there are literally millions of ready buyers for your stuff so they can sell it and make more money!

 

Another idea is to find a wholesaler and buy their closeouts at super low prices so that you can sell them at just "normal" low prices on ebay. Many who have done this have found themselves literally working for ebay and making very little. They spend a great deal of time buying, boxing, shipping, and handling multitudes of emails from customers etc.

 

A neat way to get around some of this is to use a wholesaler such as http://www.megagoods.com/  that will drop ship the items directly to the customer for you. You simply send them an email and they will box and ship the package straight to the customer. You then save a great deal of work, carry no inventory, and have no storage problems.

 

Lots of folks online are willing to sell you lists of wholesalers but they are not hard to find for yourself. For instance this one:  http://www.wholesalecentral.com/  They are a sort of clearing house for wholesale buyers and sellers, some drop ship such as http://www.hotbuy4u.com/ . Others do not. A difficulty of course is that many people find these wholesalers, and you would be in direct competition with them. This competition is what makes ebay a great place for buyers often driving prices down to a losing situation for sellers.

 

#2. So, On To Wholesale/Retail Part 2, A Better Way!

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