- Thread starter
- #31
Taking consignments would be a good way to go, especially if I could figure a way to advertise nationally. I have thought about trying craigslist but never really searched up software to blast out ads to all major cities.
The guy who is the biggest seller in this niche...he takes consignments and I know he has generated a few thousands extra per month doing it. It is something I am still kicking around....I think he gets most of his just by advertising the service on ebay.
He also has his own line of clothes though it don't bring much money. He probably had it bulk made in China though and has next to nothing it in other than mostly ebay fee's.... so his thinking is on par with what Jill mentioned.
To put it in perspective, he probably moves around 13,000 items a year. If I had to bet though, I would guess his profits are somewhere around $20 an item. But with this volume, he has to pay someone to list, ship, picture take and shop for him...so maybe it is closer to $15 an item after all said and done. Still, not a bad living.
One thing I have noticed that he has figured out some how, is how to get new items obviously for CHEAP. Example, he will sell new with tag Ermenegildo Zegna ties for $60 all day long...they retail for $170. I did some minimal research in how to get in on buying bulk lots of items such as these but no luck thus far....
The guy who is the biggest seller in this niche...he takes consignments and I know he has generated a few thousands extra per month doing it. It is something I am still kicking around....I think he gets most of his just by advertising the service on ebay.
He also has his own line of clothes though it don't bring much money. He probably had it bulk made in China though and has next to nothing it in other than mostly ebay fee's.... so his thinking is on par with what Jill mentioned.
To put it in perspective, he probably moves around 13,000 items a year. If I had to bet though, I would guess his profits are somewhere around $20 an item. But with this volume, he has to pay someone to list, ship, picture take and shop for him...so maybe it is closer to $15 an item after all said and done. Still, not a bad living.
One thing I have noticed that he has figured out some how, is how to get new items obviously for CHEAP. Example, he will sell new with tag Ermenegildo Zegna ties for $60 all day long...they retail for $170. I did some minimal research in how to get in on buying bulk lots of items such as these but no luck thus far....
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