Making money is not very easy as you see on video elsewhere if you do not know how to approach . There are tow thinks that you have keep back of your mine at all time 1. Where can I get it for less price (when go out always search for good product for less price). 2. When is the best time to buy it. Why do not you go and find wholesaler from UK. They can sale more cheaper then store price, and its the best way to start your own Business.
How to get good product for less price and when to buy:
1. Research. When buying in bulk (i.e a pallet of returned goods) you MUST do your research before purchasing. As you will see from below sites there are hundreds of different pallets and many different options. It is crucial that before buying you look at every good listed in the pallet online and whether you think you would be able to resell it. There is no point buying a pallet full of women's slippers if they don't even sell on ebay.
2. Do your Maths. Most of the pallets and wholesale goods listed on below sites are sold in auction format. Work out what you are going to receive in the pallet, how many of each item and the minimum you could sell them on for. Set yourself a profit percentage you want to make and stick to it.
3. Start small. Well as small as you can buying in wholesale. If you haven't done it before then be careful to make sure your first wholsale pallet purchase is relatively small one i.e under £100 if possible. Your profit may not be great on it however you need to make sure that you possess the correct mentality to sell on the items and put in the time and effort as some items won't sell themselves. If you struggle to get motivated by it then at least you won't have gone bankrupt and you don't have to do it again.Affiliate Programs: How to Make Money Online with Other People's Products
4. Check your items. Very important to check all your goods when they arrive or you pick them up for 2 reasons. The first is to ensure everything detailed on the auction has arrived. Many pallets and wholesale obvisously have many, sometimes hundreds of items. Make sure all are there. The second is to check what works. If you are buying returns and used goods - you are going to come accross items that don't work. Its the risk you take. Whilst many returns are fully working and 100% fine don't be disheartened when some aren't working.
5. Get Handy. When you have worked out what items aren't working or have a small part missing its time to do something about it. Don't just throw them away. Some items may just have something small thats wrong i.e needs a new plug re-wired or a new box. If you can't fix them or don't know someone that can fix them - fear not. You can still make money. The best way is to either advertise them as faulty on ebay - many people who are D.I.Y friendly look to buy these. Also why not keep any ones you can't fix and if you have enough sell your own 'returns' pallet on ebay or elsewhere.
If you want to about dropship visit this site http://buyonneed.blogspot.com/2010/10/what-is-dropshipping.html
No comments:
Post a Comment