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  1. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Honestly I never anticipated being where I am today. I started the business just looking to make a little extra money for my family. Even a year and a half ago I did not anticipate it getting this big this fast. I just started slow and grew and learned as I grew. There have been a lot of ups and...
  2. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    The business does not currently run itself yet. We have streamlined the labels/ packaging part of the process and that has cut our time spent packing in half. There are currently two of us that do everything (my brother and me). With our current processes we should be able to do around 3-5...
  3. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    What a journey business is! I started this thread over 2 years ago and my how things have changed. I went from approximately 250k in sales in 2014 (sorry don't have the exact 2014 numbers in front of me) to a hair under a million in 2015 to being on target for 2-3 million this year! We've...
  4. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I pay with a credit card through PayPal or just with my credit card in the case of dhgate. If PayPal doesn't back you up you can call your cc and file a chargeback. The only times I've ever had issues with not getting the products is when I sent the money western union or wire. If the seller...
  5. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Terapeak is extremely useful in helping find products and sales approximations. Just because something has sold in the past doesn't mean it will continue to sell well but it's a place to start. Another great way is to just go on aliexpress, dhgate etc. and just start browsing. If you find...
  6. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I would start finding products and making a few test orders now. You can find products, find the best suppliers, etc. without ever ordering any products. In August you can order a few different products and see if they will sell. I don't know anything about banking in Panama so you will have to...
  7. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Big niche or small one as long as I can make a profit it doesn't matter to me. Long term the bigger your niche the more money but also more competition. I prefer to find items selling a couple a day, then go and find another item, then another. I don't care how big or small the niche is I am...
  8. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Yes I still do it on the platform and yes I still charge it on my credit card. After doing business with a supplier for a few orders I have no problems going to western union or wire transfer for that supplier.
  9. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    If you pay with PayPal you have some protection (just don't send it as friends and family gift). The best way to be protected via PayPal is to have them send you a paypal invoice and then use your credit card to pay them. You then have paypals protection and your credit card's as well...
  10. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Contact aliexpress support/ returns and tell them the item hasn't arrived and the tracking is no good. They should deal with getting you your money back. Worse case scenario you contact your credit card company and tell them you ordered something online and never got it. You will get your money...
  11. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    They are way overcharging you. For a new item I will normally tell them I am looking to buy x per month but I need to start with 10 to verify that the quality is there etc. That will allow you to test out sales and see how well they sell. I never order just 1 of an item as there is no way to...
  12. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Yes they can be found. I found an entire niche that has margins in the $20-30 range per item. I have ordered the products and am going to set up a new website to sell in that niche. I will give you a hint, it is not electronics.
  13. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I've used PPC since the start of my site. I spent about 125k on Adwords alone last year. I average 12-15% of total sales in advertising costs. 6-8 months ago I hired an SEO firm to do some work for my site. I spend a decent amount of money monthly for them to do all of the work for my SEO. I...
  14. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    For someone starting out, I would recommend finding out your best sellers on eBay or order low enough amounts of each to put them all on your site. The issue with eBay is some items will sell on your site that won't sell on eBay. If I was in your shoes I would order 5-10 of each variant. That...
  15. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    You can set up a legal entity (LLC, S corp, etc) if you want to but it isn't required to set up a site. IMO people spend way too much time worrying about things that you don't need. Get in and get your site up and running. If it is a success you can set up the Legal entity and swap all the info...
  16. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Sorry for the way late response. I have been absolutely swamped. If there are additional costs for the barcode printing etc I would just print them off on sticky labels and stick them over the existing barcodes or blank area.
  17. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    It is normally immediate. I got emails from my suppliers last night and they said they were back at work. I will be sending over orders for about 40K tonight.
  18. Ecom man

    What's your Lambo? What's your WHY or PURPOSE?

    NOTABLE! CHAT 
    My Lambo...the thing I want most of all? Well it used to be a car, then a house, then a car and a house. What is it now? Time. I want the time to watch my children grow. I want the time to give to my family and those I love. The time to make the world a better place. The time to make everywhere...
  19. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I would not trust sample checking to FBA or any outside company for that matter. Sometimes when you get the items you can just tell that they are made poorly. I had a product that I ordered to sample. The material they were made of appeared soft and plush from the pictures. When I received the...
  20. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Drop shipping and using a fulfillment center for your products are two totally different things. Using a fulfillment center is a great way to make your business location independent and to free up valuable time. Drop shipping other people's products can many times cause problems because of...

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