Hi Adam,
OK, I know exactly what you are looking for..
SALVAGE / OVERSTOCK / RETURNS:
This is probably the best way to make REAL money on eBay. From what I have done with this and from what I can tell, most of those making solid income on eBay are buying their product in this manner..
Basically, you can buy returns, overstocks, etc from chain stores like Sears, Walmart, Best Buy, etc.
http://www.surplus.net is a pretty good source for companies that offer such product..
For instance, this is a solid company that offers such product:
http://www.amlinc.com/ You can do simple searches on google, like this:
Just look at the above links and do some searching and I think you will see what I mean..
You basically buy it for about 30 to 50 % of wholesale and can turn around and sell it for double on eBay.. The best is to buy "manifested" pallets of such product.. Manifested means it tells you what is actually on the pallet.. You can take that and do searches on eBay to see what it sells for..
ALSO, they don't hand it to you on a silver platter. Rather, you have to call them, email them to figure out how they send you their manifests(lists) of current pallets.. Some fax, some have email lists, some once in a while have auctions on their own websites..
I have notice people I have coached often just assume that these companies will just clearly spell everything out up front.. It is actually good they do not.. For if they did, there would be more sellers and less profit..
A Couple Facts:
1. You can bank on name brand items:
Very consistant compared to non-branded.. As with all items, over time, they loose value.. So, often, you can sell items you get for about 1/2 to Full regular price on eBay... The cool thing is you buy at about 1/4 of regular price.
2. Calculated Risk is where the money is. Go where no one else seems to go:
Most chicken out at risk.. I have found that where most sellers will not go, can potentially be one good place for you to go.. For instance, most do not want to spend money on something that is vague. BUT, if you can prove to yourself its value and can make a good calculated assessment, and it looks good, buy it..
An Example: I will not tell you the exact product, but there is one consumer electronics item I have been buying lately where the company listing it does not tell you the exact model, but rather it is either this model or that model. Well, most cosumers do not want either/or, but rather one specific model. So, the bids don't go that high.. BUT, I am a seller and I really do not care what model it is, as I can know as soon as it arrives.. Lets say the bid is at $100 and one model is worth $190 and the other is worth $270. So, whether it is the first or the second, you will make profit.. Therefore, it is a good buy for you and if it happens to be the second, more money for you..
Well, its been working excellent.. It ended up being the LATTER, so I have been making more than double what I paid, literally..
There are a lot of examples of such things.. Usually, if an auction is partially vague, you can make assessments like this and it will be worth your time to bid..
Tony
ADAM <dealdone@comcast.net> wrote:
Hey Tony,
I would defiantly like the more capital option. What product do you recommend and where can I buy a pallet? I would also like to learn how sell a product like the tv projector but let’s learn the products first. I do have enough credit to buy $700-$1000 to buy product. I need it to be easy enough where I could pay it back within 30 days. I would love to hear what sells and where to find it. I really appreciate your help and I am really excited to see the results. I will not let you or myself down and am 100% committed. J
Warm regards,
Adam
