How To Source Wholesale Products To Sell On Ebay
eBay is an incredible place to sell items, but in your desperation to learn how to
source products to sell on eBay, you could well have forgotten that is also an excellent place to buy items. Buying products on eBay with the intention of reselling is a wonderful way to get to know the auction website while increasing your feedback. As you experience life as a buyer, you will start to understand the importance of customer service and great product descriptions, while uncovering a supply of stock sold cheaply to maximise your profit margins.
There is a simple strategy involved in buying products cheaply to sell them on for a profit. Following the next few steps will teach you how to source products to sell on eBay without the necessity of hunting for a wholesaler.
Step 1 Establish two eBay accounts
If you wish to buy products to sell back on eBay, it is essential that you have two separate eBay accounts, one for buying and one for selling. There is no issue with establishing multiple accounts on eBay, but you will need to have a different email address for each account.
Step 2 Identify your areas of interest
An important step for selling on eBay, whether via a wholesaler, a dropshipper, or in sourcing items on eBay itself, is to choose an area in which you are slightly interested or have some expertise. This will help you to write accurate and knowledgeable descriptions, as well as having the knowledge to respond to any questions and queries quickly and with authority.
Step 3 Source your stock
Once you have some potential areas noted down in which you might wish to sell, it is time to start sourcing some stock. Make sure that you are logged into eBay on your buyer account, and start to look for the following:
- Titles with spelling mistakes. As an eBay seller you should make sure that you proofread your auctions before submitting, but casual sellers may forget to do so. One simple spelling mistake could vastly reduce the amount of money that an item will make.
- Auctions without photos. If items are listed without an image, buyers will be likely to avoid it. Keep an eye open for such listings because you might be able to bag a bargain.
- End times in the middle of the day or the middle of the night. Auctions ending when a lot of people are out at work can sell for less than their potential, as can auctions ending in the middle of the night.
Step 4 Sell on for a profit
Once you have successfully purchased your eBay stock, log onto your seller account and start to sell it back, ensuring that you do not make the same mistakes that caused the original items to sell for less cash!
Step 5 Rinse and repeat
Repeating this strategy to find new stock to sell on for a profit will help you to gain valuable experience of selling on eBay, as well as valuable feedback.
by: Amanda O'Brien
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