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wholesale...

hi all,

having messed around on ebay for years i was thinking about trying to buy a load of a certain product and selling on ebay.

having looked online for wholesalers of electrical goods etc they all seem fairly dodgy from china etc..

anyone know of any good websites and also what type of goods are good to sell?

cheers,

Tommy

Comments

  • savemoney
    savemoney Posts: 18,125 Forumite
    Part of the Furniture 10,000 Posts
    found these threads havent check all its content

    Buying from China
    The Wholesale Company Thread
  • Care needed !

    www thewholesaleforums co uk/forum/
    Disclaimer : Everything I write on this forum is my opinion. I try to be an even-handed poster and accept that you at times may not agree with these opinions or how I choose to express them, this is not my problem. The Disabled : If years cannot be added to their lives, at least life can be added to their years - Alf Morris - ℜ
  • jacktheman :spam:
  • As previously mentioned, thewholesaleforums.co.uk but there are loads of others if you trawl through google under different search phrases.
  • sew109
    sew109 Posts: 618 Forumite
    Be very careful selling electricals as this is the only type of product that our liability insurance does not cover us for and there must be a reason for that
    Its Vegas time -no longer :T a five year old has changed Vegas time to Orlando time
  • You could buy 'The Trader' magazine. There are loads of companies listed in there.

    It's always a good idea to have a trip around your local warehouses. I'm not sure where abouts you are, but there are some great ones in Cheetham Hill in Manchester. Most have a minimum spend of £50 or £100 but you'll probably find that if you go with cash, you don't even have to have any proof you're a trader.

    Most of the warehouses I know of are closed on Saturdays. When I first went, it was on a Saturday and it was like a ghost town. I drove round all the streets and made a note of names, telephone numbers and website addresses and then went home, did some research and registered on a few sites. It's over a year since I last went but I don't think much will have changed.
    I've worked in the Financial Services industry for the last 25 years. When posting on this forum I am not providing any financial advice or representing anyone but simply posting my own personal views. Always make sure you seek suitable Financial Advice from an authorised professional based on your own personal needs and objectives.
  • mrsyardbroom
    mrsyardbroom Posts: 2,035 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    You have to get things at knock down prices to sell for a profit on ebay. I've bought wholesale goods a couple of times but I hardly made any profit. There always seemed to be someone selling the same things cheaper but if I reduced my prices I was just about breaking even most of the time. The things I've made most profit on have been large lots bought on ebay and split up into smaller lots. I've sold greetings cards and jewellery individually after buying large lots from ebay and also some pet products. You can also pick up some bargains at car boot sales and sell on ebay for a profit. Some people have bought from China successfully but it isn't generally recommended as a source of wholesale goods for ebay.
    Don't mess with pensioners. :cool:
  • sew109
    sew109 Posts: 618 Forumite
    We sell our products at markets, farmers markets, school fetes, from our website and from ebay. Believe it or not ebay is probably the hardest place to make a profit and gets me more frustrated than any of the other outlets. Everyone on ebay wants the product tomorrow they think that you have complete control over the postal service they want to pay rock bottom prices and know that you need to keep good feedback so you get conned with the threat of negative feedback and ebay wont help you. Then you have insert fees, listing fees, final sale percentage fees and then paypal fees it is not easy.
    We sell one of our products at market for £3 and it weighs 95g this gives us about £1 profit (before market fees petrol etc) so lest say 80p
    on Ebay to sell the product we have to sell at £2.85 with 90p postage so £3.75, to get them to go the postage is 92p the jiffy bag 6p, 13p insert fee and then 10% final sale price 28p and then about 8p on paypal so £1.29 so we are looking at about £0.38 profit afetr the time to go to the post office and the amount of people who rip you off and the insert fees for products that do not sell it is really not worth it.
    Its Vegas time -no longer :T a five year old has changed Vegas time to Orlando time
  • biffoski
    biffoski Posts: 23 Forumite
    Sew109 is so right about this.

    Search for oliver goehler on google and heed his advice. Much considered the eBay expert.

    Probably some of the best advice he'd give you is stay away from electrical items :)
  • I recently joined Oliver Goehler's home entrepreneur club and on the member site is a list of wholesalers
    in china that he recommends. Here are the some of the sites below.

    https://www.aliexpress.com
    https://www.made-in-china.com
    https://www.globalsources.com
    https://www.asianproducts.com
    https://www.b2bchinasources.com

    I would suggest you do your due diligence first before placing any big orders with them. Ask if they
    can supply samples first, some companies will let you order single items as well.
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