Ebay Business Product Sourcing Strategy Tips

Ebay business model is an internet business, operated from home with little overheads and lucrative rewards

. There are immense profit potentials but it also faces all the traditional challenge of a traditional brick and mortal business like the usual operations management from sourcing products to managing your supply chain.

If you are getting start to sell on eBay to have a business, it is important that you set up the foundation properly from the very beginning which is the main focus of this article. Basically, it is an online shopping mall, eBay business is the future, it is the best business that has ever been offered and available to anybody to get started with very little overheads, very little experience in running a business.

Back to finding product to sell, try in as much as possible to target in store clearance, the bigger store, the more the products they have to clear out. Also you can pick up collectibles, books and clothes from charitable stores like Salvation Army. People give them items they no longer need for free and is not as if they are junk. These are stuff you can find at the goodwill shop or Salvation Army for very low price that you can sell for massive profit on eBay.

The amount of product you get from an opportunity like this is limitless. Go to the Flea Market, auctions and shopping malls. Be a bargain hunter, you don't have to be an expert in any field to sell things on eBay. Run classified adverts when you start making money on your eBay business, even people you know without running a classified, will want you to sell their stuff from them.

A small business owner may want to expand their product to the rest of the world, the problem is that they don't have the time and they don't know how. For instance, you can contact a local mobile phone vendor in your city centre; get a price list of all his mobile phone which you will in turn list on your eBay store. Here is the advantage, you are able to list different brands and interestingly, you don't have to keep an inventory of any of these products you are offering.

Invariably they as retailer will now become your supplier for mobile phone product and there is a huge market out there on eBay. You can apply this scenario to any other product, it is commonsense and smart thinking.

On a final not, you can use a dorpshipping service to sell products that you are interested in but unable to procure locally and because of the high dollar value, so that you don't get stuck with dull inventory.

by: Mike Stephen

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