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  1. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Your costs look to be correct. Just make sure you take into account that unless shipping flat rate you will spend more shipping to some areas of the country than others. Make sure to include printer, ink, paper, packages, bubble wrap in with your shipping costs as well as gasoline if you live...
  2. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I never said avoid importing from China. I live on importing from China. I said dont drop ship from China. I don't want my customers to wait a month to get the products but if it takes a month from order to when I receive them that is fine. Then i list them for sale once they are in my possession.
  3. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    And all it takes is one supplier shipping out bad products to 5 of your customers and your eBay account is closed forever! Not a good idea to give your supplier complete control over whether you survive or not.
  4. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I have found the more expensive the product the less competition. Also, the less the product sells the less competition (obviously). If you can get say 5 items that sell 10 each in a month i promise your profits will be higher per sale than if you find 1 item that you can sell 50 each month. A...
  5. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Glad to hear you made your first sale! There is no better feeling then to get off of work or wake up in the morning and realize you made money! Glad I could be of some help!
  6. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Great idea using a local thrift shop as your supplier! The thrift shops near me never have anything worthwhile but if yours do that's awesome!
  7. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I agree it is pushing through the process of finding products that is the hard part. Once you find products that don't have idiots in them you can be set for months or years. I have sold some of the same product lines for the entire time I have been selling (3+ years). It's finding those...
  8. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Just wanted to give a hint/idea to everyone needing some quick cash. Craigslist can be your best friend. I got a two couch set for free a couple weeks ago and resold it today for $350! All I did to it was give it a quick vacuum! It was in perfect condition just the people didn't want/need it...
  9. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    My sales shot up when I started doing it full time around August 2013. Up until that point I was just selling things here or there and not really treating it like a business. In August I quit my job and started working on it full time. I am not even at my first full year of running it as a...
  10. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Beat me to it great job helping out! Rep transferred
  11. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    There is nothing inherently wrong with selling things with electrical components there is just a lot of scammers in phones, tablets, computers, etc. I actually looked into doing external hard drives but they were selling for such a cheap price the margins weren't there unless ordering thousands...
  12. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I prefer using fixed price listing with a quantity simply for the convenience. I have also noticed the anomaly of auctions selling for higher than fixed price listings. I believe it is just because people get emotionally attached to a specific item they have bid on or they simply don't do any...
  13. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    What I was saying was if I am looking up a product to sell and I can purchase it for $20 and the cheapest person has it for sale for $60 then I am looking at tripling my money minus fees and shipping costs. That is good enough margins for me to do it even if there are more competitors.
  14. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    The only strategy is time spent researching. I prefer products with less than 10 competitors but I am willing to enter markets with more if the margins are right. If the cheapest seller of that product has margins of 200%+ then I am willing to enter despite more competitors. The main issue...
  15. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Nope I never have lol. I have a book with what I paid for each item in it and I keep a daily log of how much profit I made that day. I then withdraw that amount from paypal (for eBay) each day. About once i week I will take out extra money from sales.
  16. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    1. I can't recommend a specific category without giving away specific products. I can say that finding products that are higher profit but less sales per month is the way I am starting to take my business. I sold some items over Christmas time that were blowing out the doors. I ordered about...
  17. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I am glad that I could be of some help! Good job taking action and getting things ordered!
  18. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    You can get samples for products that are even selling for pennies. Of course the shipping cost will kill you if you are only ordering 1 of that item. Almost every manufacture will send you a sample order of 5,10,20 or whatever you need. Just tell them you need a sample order to test the quality...
  19. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I am building a fastlane business out of this! I would say a business profiting 100k+ a year 3 years into it isn't too shabby considering I was flying by the seat of my pants when starting. I wouldn't change anything except probably spend more time finding new products and getting a website up...
  20. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I go for doubling my money after all fees and shipping costs. I have products from $20 up to $250. The $250 is the one that I am making 100+ on. I am getting them for $90 each including shipping to me. Fees on the sale are 12% shipping is between $15 and $30 depending on where it is delivered...

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