Question from customer

 I have spent hours and hours trying to find suppliers that are cheaper than what is being sold on ebay using your wholesale site , other than importing from China  and many items on EBAY are cheaper then your website!! 

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The reason your not finding a wholesaler that has lower prices then ebay is because Ebay is a wholesalers marketplace. Most items sell for wholesale or below wholesale. The majority sell below wholesale people just liquidating at any cost

The same people that sell items wholesale sell on ebay to clear out stock. They sell to you to make extra money at your expense. I see at least 100 people a month come to my site and ask this. Ive had to reply to similar questions like this every week.

If you want to compete on ebay your looking for the wrong thing.
You want liquidators and bulk wholesalers. The only way your going to get product at a good profitable price is to buy items in bulk.

Many of the deals listed on our site  offer nice bulk discounts and wholesale prices.  But to get volume pricing to compete you must buy in bulk an call to negotiate price 

Yes im sorry, What I just mentioned sounded like work. I guess a few will be giving up now. Because that is just want some of you didnt want to hear.

The reason I know this is because I am have been in the business since 2001 The companies that have sent me pricelists after contacting them have send me lists with much better prices then the ones listed on thier websites. But this in turn means you have to buy some products in mins of $1,000  and up 

Everyone expects that they can just buy the membership to this site and then get instant access to the wholesalers and killer deals.
whip out thier credit card, buy the item, list it on ebay and make tons of profit. It doesnt work that way. Most big sellers on ebay only make a few dollars for each item they sell. But they sell thousands of items a month.

Many of you come here expecting to find big items like xbox360's and playstations at 50-100 less then they are selling on ebay. That kind of deal just doesnt exist. Since the manufacturing costs of these items are around 20 less then the average selling price on ebay. You might find a liquidator trying to clear out some overstock on these items but they will dissapear usually within a couple of hours when 1 wealthy seller sees the deal and buys out everything.

You think you can find better deals just by getting on goole and in 1 min you find a site with way better prices on anything you can think of?

Well I bet in 5 min I can take your list of sites and tear them apart very quickly to find out if those sites are scam sites which there is a unbelievable amount of. And if they have horrible customer service.

I get approximately 50 website requests a week and have found that 98% of them are untrustworthy. And others boast great prices but boost shipping to rates that one would consider stupid.

You know that old saying "If it sound to good to be true, Then it usually is."

I have been in 1 business or the other for 12 years and have seen many scams and bought many lists only to find myself once again broke and wasting my time.

If you want to succeed on a place like ebay you need to spend countless hours on research and constantly working to find your niche.

I found mine and it took me 12 years. How long will you waste wandering around the net trying to find a wholesaler that can beat ebays below wholesale prices?

You need to find bulk supplies and liquidators. They were designed to sell to wholesalers.

Wholesalers are designed for retailers only. If your selling on ebay your a wholesaler not a retailer.

Hope this helps. If you have any questions that I might be able to help you with dont hesitate to ask.   JOE
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A: If Fred Sanford were alive today, Alex, I'm sure he'd be earning his ripple money by selling quality junk on eBay. While it's also true that one man's junk is another man's treasure (I have a garage full of treasure to prove this point), your chances of building a profitable business selling "junk" on eBay (or anywhere else, for that matter) are slim to none.

While there is a lot of junk/treasure for sale on eBay, it is typically sold by individuals who have "I break for yardsales!" bumper stickers on their cars and not serious business people.

For serious entrepreneurs, however, selling on eBay can be a good way to start a new business if you are willing to put in the time and energy required to make the business a success. eBay is also a good option for existing businesses to expand their reach by selling online.

Everyone from small used car dealers to giant companies like Dell Computers have discovered that eBay is an excellent place to hawk their wares simply due to the huge number of folks who visit the eBay site on a daily basis. Nowhere else on earth will you find such a large pool of potential customers.

Consider these numbers:

• There are nearly 69 million eBay users who spend $59 million every day.
• Most eBay sellers are home-based businesses that sell every- thing from porcelain dolls to locks of Elvis' hair to $100,000 Mercedes convertibles to $5 million dollar vacation homes.
• Every minute of every day more than 150 new items are listed for sale, more than 500 bids are placed, and seven new people register to shop on eBay.
• At any given moment, eBay is conducting some 12 million auctions, divided into about 18,000 different categories.
• About two million new items are offered for sale every day, and 62 million registered users scour the site to find them.
• One company is grossing more than $5 million dollars a year selling brand new pool tables on eBay. Their eBay store is so profitable that they have closed their retail and now sell solely online.

That's right, $5 million dollars from the sale of pool tables: proof that you can sell just about anything on eBay if you know how to do it.

Be aware, however, that eBay is no magic bullet. As any eBay Power Seller (a seller who sells a minimum of $1,000 in goods per month) will tell you, building a profitable eBay business takes hard work and requires long hours, and often the financial rewards do not make it worth the effort spent.

When it comes down to the mechanics of it all, running an eBay business is no different than running a brick and mortar business. You still have the same considerations regarding product selection, inventory purchasing, product pricing, inventory management, order processing, fulfillment, customer service, etc.

You must also consider the legal and accounting aspects of the business. Just because you're selling online does not mean that Uncle Sam won't expect his piece of the pie. Revenue generated by an eBay business is just as reportable and taxable as revenue generated from a brick and mortar store. And if you sell to customers within your state you may also be responsible for collecting city, county or state sales tax.

One of the biggest obstacles to building a successful eBay business may be the stiffness of the competition. Many sellers sell identical items and the price wars often get ugly, but that's to be expected in a free market place, which is exactly what eBay is.

You may be the only store in town that's selling that one of a kind, custom made just for you, broke the mold after they made it, Dale Earnhart Memorial Bobble Head Action Figure (Earnhart fans would string me up if I called it a Doll), but do a quick search on eBay and you'll probably find a hundred others just like it.

So, can you build a profitable business selling on eBay?

Certainly, thousands of people have done it and so can you.

Here are a few tips to help get you started.

Sell Quality Products
Don't sell junk! Leave the knick-knacks and fake leather jackets to the less informed. You should offer only quality products at a fair price.

Research The Competition
Once you have your product in mind, don't invest a dime on inventory until you have spent some time on eBay to see what the competition is doing. If you want to sell motorcycle helmets, for example, you should look at current auctions to see how many others are selling similar helmets and what prices they are charging. This step is vital since you may discover that you can't compete with current sellers on price or there is simply no market for what you have to offer.

Start Slowly
Many people believe that the more items they have for sale on eBay the better. They will invest thousands in inventory and spent hundreds on listing fees (yes, eBay charges you to list items for sale and collects a final fee if the item sells). Those are the folks that usually end up with ten thousand Ginsu knives forever in their garage.

Test, Test, Test
A fair portion of eBay auctions result in no sales, so it's best to test the waters before jumping in with both feet.

List a few items and see how they sell. If an item doesn't sell, list it at least twice more. Some items might not sell the first time, but may the second or third, then sell steadily from then on.

If an item gets no bids the first time, consider adjusting your price or your terms. If an item sells well, keep it in stock and then experiment with another item.

Do Your Homework
eBay is too broad a subject to be covered fully here, but there are a multitude of books available that can help you start an eBay business. In fact, I bet you'll find most of them for sale at this very moment at eBay.

What's my bid...

Here's to your success!