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  1. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    When I first started doing this I probably only spent a couple hours a week. Packaging up 1-2 items a night, just sort of dabbling in it seeing if it would work. As I got more products and more sales started to come I gradually started spending more time on it. The more time I spent finding...
  2. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Yes if your listing ends because you run out of inventory you lose your position. eBay has a newer out of stock feature. This feature and how to enable is fully explained on http://www.ecommercebytes.com/cab/abn/y14/m12/i04/s01 You can also raise your price a crazy amount when you inventory...
  3. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Most likely you got bumped up to either the top of best match or the top 3-4 of that. With your prices considerably lower than competitors they would buy from you since they now see you with the best match sort option. ( Best match is the sorting option that eBay defaults to on their site)
  4. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    If you have little to no feedback and can't find something to do better than them the only way you can compete is price. The problem you can get into with large sellers is they are normally getting better prices since they buy in larger quantities so you can get into a price war. If I was going...
  5. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I look to at least double my money after all fees and shipping is figured in. I won't turn my nose up on a product making 50% on my investment if it's a fast seller of course.
  6. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    You can do it either way to be honest. Narrow eBay down to only buy it now listings under a certain price and sort by best match. Type in a random keyword and off you go. I hopped on eBay and typed kitchen as the keyword. Narrowed it down to products over $20, new items, and only buy it now. I...
  7. Ecom man

    When Do You Use Credit?

    MINDSET 
    I use credit all the time for just about everything! I make 1% cash back on 20k+ per month in purchases. $200 a month profit bump for doing nothing isn't too shabby. My Adwords campaign costs go right on my credit cards. My shipping costs, right on my cc as well. I never carry over a balance and...
  8. Ecom man

    I rather be a failed entrepreneur than an average employee that never took a risk

    NOTABLE! MINDSET 
    Unfortunately, many entrepreneurs have to deal with this from family and friends. You have to decide how you deal with it. Does it motivate you or make you give up? My mother in law has been giving me a hard time for 5+ years about my "eBay business". That is exactly what she says "your quote...
  9. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    If you are the only person carrying the product you really can set the price. Since you like the product, at what prices would you buy it? Would you still buy it for you personally at 70? 80? 90? If you would buy it at those prices most likely so will other people. You can always go down in...
  10. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    If you are going to do it manually then I would do 8-9 in stock so that doesn't happen As easily. You can also do it automatically using eBays seller manager pro. It costs a few cents per transaction I believe but once you get a few products it can get confusing to manually update all of them.
  11. Ecom man

    How to make a $5,000 website in 2 hours WITHOUT CODING

    Or you could hop on shopify and have a site up and running in 5 minutes. If you are looking to just do a basic site not having experience is no longer an excuse!
  12. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Perfect answer!
  13. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    The margins you listed are near 100% even selling at the prices the Chinese sellers are. That is certainly nothing to sneeze at. It sounds like it is certainly worth ordering a test and seeing how many you can sell.
  14. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    No of course not. I'm saying your competition will be frustrated and give up. That will give you higher profits and a lower number of competitors.
  15. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Unfortunately frustration is good in this business. The more frustrating it is to you the more people will give up because it "doesn't Work anymore". That will keep your competition lower which keeps profits higher.
  16. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Glad to hear that things are going well. Keep it up and it will be more than a part time income soon!
  17. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    You don't have time for 2 products? How much time is this product on Amazon taking ? 5 minutes a day to check and see if any have sold that you need to ship out. So that five minutes is keeping you from going after another product that you feel is good. Why???
  18. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Very true but I would never put on my listing that I ship without delivery confirmation. All you are doing is inviting scammers and dishonest people to buy from you. Just offer cheap shipping and expensive shipping. Charge enough for the expensive to cover the delivery confirmation and...
  19. Ecom man

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Views versus sales can really vary a lot. On my website I am currently running 5-6% conversion rates. On eBay I never really paid attention to the conversion. I was just looking at sales number since you don't pay per visitor on eBay.
  20. Ecom man

    Which Entrepreneur Did the Better Job?

    MINDSET 
    In your example you said both of them started a business and in one year the results were 4,000 profit and 200,000 profit. It is much more difficult to make a 20% gain on a million dollars than to make a 500% gain on a thousand. Anyone that has any entrepreneurial sense can take a grand and turn...

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