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October 23, 2009I saw the story on CNN of a doctor who made $120k in a year selling wholesale clothing on ebay. I want to make some extra money to pay off the student loans and save for a house.
Please respond with your personal experience.
Well you don`t need any websites to tell you how to do it, the whole secret is to buy stuff cheap (and I mean CHEAP very cheap) stuff that people want. That`s the ONLY way because the #1 reason people go to ebay is to find bargains. For example if you sell a pair of pants for $100 bucks forget it, nobody is going to buy, but if you can sell them for $10- $20 and you have a lot of them to sell then you can make money. But basically you have to steal those pants which is what a lot of people do. A lot of that stuff on ebay is stolen merchandise. For example you`ll find a brand new Xbox 360 for $80 bucks when they go for $250- $300.
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Horaayy..there are 4 comment(s) for me so far ;)
Well you don`t need any websites to tell you how to do it, the whole secret is to buy stuff cheap (and I mean CHEAP very cheap) stuff that people want. That`s the ONLY way because the #1 reason people go to ebay is to find bargains. For example if you sell a pair of pants for $100 bucks forget it, nobody is going to buy, but if you can sell them for $10- $20 and you have a lot of them to sell then you can make money. But basically you have to steal those pants which is what a lot of people do. A lot of that stuff on ebay is stolen merchandise. For example you`ll find a brand new Xbox 360 for $80 bucks when they go for $250- $300.
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yep ebay is really a nice place for anyboby who wants to make money.but you have to have the method.there is a principle,you get something with CHEAP prices.and sell it with a afforable price.so you need to find the resource,and then you must make people believe in your goods .it will take a period of time,but if you have patient and perseverance .i think you will make it
btw,let me offer you a wholesale website.
http://www,ebsilk.com
hope it helped good luck !
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Well, it is good if you can find a lucrative unknown niche that has a lot of buyers and very few sellers. The good thing about Ebay is that you can start out small to just test if you will do well. I have made money in some categories, but have failed with Nintendo Wiis because the competition from the sellers is too much. There are different ways to get wholesale products. You can go to garage sales, clean out your own unwanted products, or sell new wholesale products. See http://www.iwanttosellstuff.com for a list of good wholesale sources.
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a well , i haven’t heard about that doctor but it’s possible to make even more than that ,however a person can sell $300.000 a year but the profit is not more than $40.000 for example,it’s all about what you are selling after cost + ebay fees + ebay fees + ebay fees + paypal fees …+ any program you may be using.(i am speaking base on my experience, my sales can be $20.000 to $25.000 a month , but my profit is about $3000,but also there are seller that makes a lot lot lot more than that ,so it’s really up to your deals and prices.
the cheap you sell the big you compete.
the only thing you need is to find is whatever and i really men whatever anything from toys to cars.just get it cheaper ,find bulk deals ,liquidations
if you are really looking for a real profit
so that’s the secret of ebay ,no one can tell you how to make money ,and no one will show you where they get their cheap stuff . so it takes time and time looking in the web mostly, find wholesalers and suppliers and good luck
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