Sourcing product! This is probably the hardest step to do when you’re just starting out, trying to find something to sell on eBay and make a profit.
But don’t give up! Every successful eBayer has had to go through some of these steps and it can take time. Use this handy information we’ve learned along the way and help yourself to success, sooner!
Searching for Wholesalers
Searching the Internet for Wholesalers can be tricky. In one regard, eliquidsoutlet you can find some legitimate companies with a pretty easy search effort. However, if you found them by searching online, then its likely a lot of other people have found them that simply as well. Then, even when you think you’ve done your research, lurking within the list of companies you find, probably more than half of them either don’t look to be real, professional companies or they offer product at too high a price to make a profit.
When you search for a Wholesaler or Liquidator, sometimes one of the best ways to find a good one is to search for obscure terms that would really be on a Wholesaler’s web site.
Do a search for something like accounting terms, perhaps, like ‘Net 30 days’. Be creative! Once you find a real company that looks to offer product for a nice price, note what terminology and phrases are on the site. Maybe you could search for the words ‘Vendor’ and ‘Wholesale’ together because Wholesalers don’t just like to sell goods in lots, they also buy in larger bulk from vendors for their items to sell.
Another good term to search for is ‘Reseller’. Often, a real Wholesale company will let you fill out a form indicating that you intend to resell the merchandise you’re buying, singsanam so that you can avoid paying taxes on those items, since you’re not the ultimate consumer of those goods.
Research the following entities to find Wholesalers
- Your Yellow Pages under your chosen product type then “Wholesale or Manufacturers”. (Example: “Womens Apparel – Whsle & Mfgrs”, etc)
- Regional Merchandise Marts
- Outlet Malls
- Wholesale Trade Shows
- Manufacturing Firms
- Jobbers or Brokers
Find Merchandise to Sell Locally
- Local specialty markets
- Your local Craigslist site
- Kijiji, free classified ads from eBay
- Newspaper Auction Listings
- Garage Sales
- Moving Sales
- ‘Going Out of Business’ Sales
- Church Sales
- Goodwill or other Thrift Stores
- Estate Sales
- Government or Local Auctions
- Newspaper Listings (and not just your main newspaper but even the free newsletters you find at restaurants, etc)
Avoid Scams and Ripoffs
When using any of the resources suggested here or found on your own, please be especially careful before spending your hard earned money. There are certain things you can do to ensure you’re less likely to be bitten by a false company or a company that takes too long to ship.
One somewhat backwards way to try to find out about a company is to search Forums or the Internet for the name of the company. Often, I have done this with success to hear a buyer complaining about something in regard to their order. Perhaps the complaint isn’t a big thing, or maybe its a one time thing. Maybe it sounds like everyone who orders from them is getting very sub standard merchandise. From comments like these, it is a little easier to assess whether or not the company may be worth giving your business.
- Look for a phone number and call the company. Ask questions you know a Wholesaler should know.
- Check out the physical location, even if just done over the Internet thorough online mapping/satellites sites.
- Find out if the company will be at any upcoming Trade Shows (or just recently participated in any past ones).
- Ask for references and follow through on contacting them.
- Find out if they belong to a Trade Association. If not, try to find out why.
- Check the Better Business Bureau, gardenfrontier local to the company or nationwide, for reports about the company.
- Use a free email account when you register with any of these companies in order to avoid odds of spam, phishing, etc.
- Check online consumer alert web sites to see what is being said about the company, if anything.
- Ask for samples or place a small order initially.
- If ordering from an eBay Seller, check their feedback.
- When paying, use Paypal’s technology to create a new debit card number to pay with so you won’t be giving out your actual credit card number.
- Find out about Shipping and Handling charges before placing an order.
- Look up the whois information for the domain name of the Wholesaler’s web site.
- Check Market Intelligence sites such as Hoovers, Edgar Online, ThomasNet, and/or Dunn & Bradstreet for business information.
- Do a search on the Internet for the name of the company plus the word ‘ripoff’ or ‘scam’, etc. Note: You can probably just about always find someone complaining about a company but you can get a better feel for what type of issues the postings indicate. Did the person not even get their order, kratom order was it all salvage items but was supposed to be shelf pulls, or did the shipment arrive later than expected? Depending on the severity of the issues you see, you may find you don’t want to do business with this company.