How Do You Find Trusted And Reliable Wholesalers For Online Auction Sale Items?
• Start off with a list of 5-10 different ideas. Check completed listings searches on eBay or similar online auction sites to see what the item generally sells for and the sell-through rate for each one. Thorough market research is the foundation for success. • Calculate the real cost of your item to accurately discover the true profit potential on an item. Add the shipping cost and insurance, eBay fees (or equivalent for other advertising), Paypal and/or credit card fees (these can be a real profit killer), packaging costs and labor involved packaging, and any storage costs to the cost of your item. • Verify all suppliers found on the Internet. If you are searching for suppliers off your own bat (rather than using a wholesale directory like SaleHoo), it is critical to check their authenticity before making a purchase. • Get a competitive edge using Chinese suppliers. Chinese suppliers are a very useful, cheap source making money selling online. Manufacturing costs are currently extrem
