How to start your ebay business
Posted by power4 in getting started on September 28, 2008
If you are ready to start selling on Ebay you probably know or have already tried finding products to sell.
You can always go to yard sales and look for things that you can resell. This is an obvious way but can produce great results.
Flea markets are another way to find your products and they are all in one place which makes it easy. You may have noticed there are flea market vendors selling brand new products at a very low price. How can they do this? Its great that you have the option of buying these things so cheap but wouldn’t you like to get the products they have and be able to sell them yourself?
Chances are, there is a liquidation store in your area. They are popping up all over the place. These liquidation stores or Salvage stores carry products that are in good condition from places like Kmart, Walmart, Target, Sears, etc.
The retail stores can sell the products that have been sitting on the shelf too long to wholesalers. The wholesalers turn around and buy hundreds of pallets of items all for one price.
So how can you get a hold of these pallets of liquidation items?
You can buy one pallet to a truckload of pallets! Usually when you are picking out pallets they only let you see what is on the top of the box. They are huge boxes though and there are soo many goodies in them!
First try searching on Google for “liquidation pallets” or “Salvage Pallets”. You will see thousands of results. This can be tricky because unfortunately there are websites claiming to be wholesale distributors but they are not. Try searching with the name of your town. Most liquidation stores are listed in some kind of directory. You can even use a liquidation directory. Wholesale Directories like this are excellent because finding the product is sometimes the biggest hurdle. Click here to see a Powerseller source for products.
Auction websites where they actually auction off pallets that are for sell by the liquidation store owner. You only pay if you are the higheset bidder and the cost of shipping (which is not bad at all because they have freight prices!!) They usually use UPS and the last pallet I got was only $45 to ship
You can click that link to take you to an awesome pallet auction website.
Another idea is just to buy items on sale in stores! These items are often marked down very low.
Check out your local TJ Maxx, Ross, etc. These
stores buy overstock. I have found great deals
on things like expensive coffee pots on the back
aisles of Target. Target Stores can be great source
for electronics markdowns, everyday items, office
supplies, etc. This is Target’s markdown schedule.
Every store doesn’t follow it exactly. Some are a
day off. For the most part, you can count on this
schedule:
Target markdown schedule:
MONDAY- kids clothes, electronics
TUESDAY- women’s clothes, domestics
WEDNESDAY- men’s clothes, toys, health and
beauty
THURSDAY- lingerie, shoes, housewares, sporting
goods
FRIDAY- cosmetics, hardware, auto, jewelry.
To buy Target, Mervyn’s and Crayola liquidations -
Here is the direct source:
(note you can still buy their pallets through other wholesalers)
Event Sales
3359 Central Ave NE
Minneapolis, MN 55418
(612)-781-1502 Phone
(612)-781-4150 Fax
Requires All Payments Via Bank Wire-Transfer
Event Sales is the exclusive salvage contractor for:
Target Stores
Mervyns
Crayola
Another place I often buy wholesale is on ebay itself.
Click here to go to eBay and search
You will need to select the category you are interested in and look at the bottom of the list for “wholesale lots”.
Another way to become a powerseller is by selling atleast 100 items a month and you can actually do this with something that you get in the mail every day and that is coupons! They sell very well on ebay and it is easy to sell a ton of them!
Check out this site which has them listed and you can see just how much they are selling for:
www.gotmineforless.com
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You can also sell ebooks that are free for you to sell but Ebay has started a new policy with products you download.
Digitally delivered items must be listed in the Classified Ad Format in the Everything Else>Information Products category only.
Classified listings cost $10 a month but they stay listed all month! They are also listed with everything else so your items are very noticeable.
You can go to CLICK HERE for ebooks to sell that people can download and you make up to 75% commission!!!! You can start selling ebooks and the only out of pocket cost you have is $10!
WorldWide Brands is a Powerseller Secret. The best way to find your Supplier:
This is about dropshipping. Dropshipping is becoming VERY Popular on Ebay because Ebay is moving toward a “buy it now” type business. Ebay is encouraging sellers to use “buy it now”. Because of this, dropshipping is the way to go on these types of auctions. Finding a reputable dropshipper is not easy but Worldwide brands offers a Product Sourcing Database, OneSource, that includes thousands of pre-verified wholesale suppliers who are willing to Drop Ship those products directly to your customer from the warehouse, one at a time, at wholesale. OneSource also includes thousands of Wholesale Suppliers willing to sell to you in small Bulk Quantities, while still giving you larger Bulk Quantity prices. It’s an excellent way to do business without spending a ton of money.
A Wholesale distributor is a company that owns their own warehouse (no middlemen) and supplies you with products at prices that are significantly lower than Manufacturer’s Suggested Retail Price (MSRP). That’s what wholesale means.


