Comments on: Create Your Own E Store with Wholesale http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/ Giving you your daily blog fix Sat, 04 Feb 2012 14:34:45 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Desty http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-28443 Desty Fri, 22 Feb 2008 04:26:12 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-28443 Ebay, drop shipping. Simple as that. I sold iPods and scanners on eBay for a month, made $1200 with little work, and stopped after I got burned. Experience and guts will get you going. Learning from mistakes will take you the rest of the way. Ebay, drop shipping. Simple as that. I sold iPods and scanners on eBay for a month, made $1200 with little work, and stopped after I got burned. Experience and guts will get you going. Learning from mistakes will take you the rest of the way.

]]> By: Eric P. Martin http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20782 Eric P. Martin Tue, 22 Jan 2008 18:44:47 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20782 Hi Matthew, Regarding the wholesaling. I tried idea two years ago to try and make some extra money I had. I invested in some candle holders. I purchased 800 pieces. Now, in my opinion, it doesn't matter what the item is, the idea is to turn a profit. What you have overlooked with this idea is a few things to consider. 1. Shipping Cost. The weight of my 8 boxes ran about $300.00. 2. Outlet. I tried to sale them at a flea market. That cost money. I didn't even cover the cost of my space. I think by the end of the day, I was selling them for $2.00. 3. I got rid of a lot of these candle holders eventually selling them to retailers at well below my cost. I sold them as low as .25 cents. 4. Gas. This is something else you must consider as you'll be travelling to different locations. Hi Matthew,

Regarding the wholesaling. I tried idea two years ago to try and make some extra money I had. I invested in some candle holders. I purchased 800 pieces. Now, in my opinion, it doesn’t matter what the item is, the idea is to turn a profit.

What you have overlooked with this idea is a few things to consider.

1. Shipping Cost. The weight of my 8 boxes ran about $300.00.

2. Outlet. I tried to sale them at a flea market. That cost money. I didn’t even cover the cost of my space. I think by the end of the day, I was selling them for $2.00.

3. I got rid of a lot of these candle holders eventually selling them to retailers at well below my cost. I sold them as low as .25 cents.

4. Gas. This is something else you must consider as you’ll be travelling to different locations.

]]> By: Stine http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20736 Stine Tue, 22 Jan 2008 09:14:47 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20736 Hi! I found your blog through Entrecard, and decided to advertise. Thanks for accepting me! Today, I proceeded to visit your blog a little more in depth, and having just discovered the wonders of feed subscriptions, I subscribed... I will be back! Good point about Blogrush/Scratchback, btw - I've been a bit squeamish about putting s-back up (dreading all those empty spots...), but you may just have turned me around. (If so, I will sign up through your link - I assume they have a referral program too!) Hi! I found your blog through Entrecard, and decided to advertise. Thanks for accepting me! Today, I proceeded to visit your blog a little more in depth, and having just discovered the wonders of feed subscriptions, I subscribed… I will be back!
Good point about Blogrush/Scratchback, btw – I’ve been a bit squeamish about putting s-back up (dreading all those empty spots…), but you may just have turned me around. (If so, I will sign up through your link – I assume they have a referral program too!)

]]> By: Shoemoney Lies http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20717 Shoemoney Lies Tue, 22 Jan 2008 06:14:15 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20717 To do wholesale you have to think outside the box and not just be another ebay peddler. If you can find a product and sell it to a target audience that is a good fit for it but doesn't know they need it, that is the way to go. My point is to find cheap products that provide a lot of value but without competition. For example, a grocery store sells hot dogs for $0.25. But a small vendor outside Home Depot on a hot day sells them for over 10x that. To do wholesale you have to think outside the box and not just be another ebay peddler. If you can find a product and sell it to a target audience that is a good fit for it but doesn’t know they need it, that is the way to go. My point is to find cheap products that provide a lot of value but without competition. For example, a grocery store sells hot dogs for $0.25. But a small vendor outside Home Depot on a hot day sells them for over 10x that.

]]> By: Frank C http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20646 Frank C Mon, 21 Jan 2008 19:37:19 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20646 I did eBay retail sales from 2004-2006. It's a lot of minimum wage type work, packing and shipping, plus a lot of marketing, purchasing and logistics work but still at a near minimum wage pay level. Unless you happen to hit on the right mix of product and market you'll have bought yourself a $20,000 a year job and turned your home into a shipping warehouse. If you want to make some money with eBay based ecommerce the better way is to sell things you buy in large bulk quantities in small bulk packages. For example, sell those 5000 pieces of clothing in lots of 100. I did eBay retail sales from 2004-2006. It’s a lot of minimum wage type work, packing and shipping, plus a lot of marketing, purchasing and logistics work but still at a near minimum wage pay level. Unless you happen to hit on the right mix of product and market you’ll have bought yourself a $20,000 a year job and turned your home into a shipping warehouse.

If you want to make some money with eBay based ecommerce the better way is to sell things you buy in large bulk quantities in small bulk packages. For example, sell those 5000 pieces of clothing in lots of 100.

]]> By: Matthew Henrickson http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20631 Matthew Henrickson Mon, 21 Jan 2008 18:04:44 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20631 Great Comment, I wish I could work that into the post lol Great Comment, I wish I could work that into the post lol

]]> By: webduck http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20582 webduck Mon, 21 Jan 2008 09:31:40 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20582 I have tried the Ebay route for selling items with minimal profit. Even if I didn't make a bunch of money though, I still learned how to do it and what was selling and what wasn't. I did sell something in my Cafe Press shop (Cafe Pentimento) this week (whoohoo!). But I believe you are all correct, that the boxing and sending of things can be a pain. Did you know though, that you can order online Priority Mail free boxes in various sizes from the USPS and have them delivered with your mail? Then, spend about $50 for a good electronic postal scale. You can order mailing labels from www.labeluniverse.com, and open a USPS account for free. With that, you can enter the site and print and pay for postage, alert your mail carrier that you have a pick up and your package is on its way when you choose. Sorry this is so long-winded. :) I have tried the Ebay route for selling items with minimal profit. Even if I didn’t make a bunch of money though, I still learned how to do it and what was selling and what wasn’t. I did sell something in my Cafe Press shop (Cafe Pentimento) this week (whoohoo!). But I believe you are all correct, that the boxing and sending of things can be a pain. Did you know though, that you can order online Priority Mail free boxes in various sizes from the USPS and have them delivered with your mail? Then, spend about $50 for a good electronic postal scale. You can order mailing labels from http://www.labeluniverse.com, and open a USPS account for free. With that, you can enter the site and print and pay for postage, alert your mail carrier that you have a pick up and your package is on its way when you choose. Sorry this is so long-winded. :)

]]> By: Matthew Henrickson http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20572 Matthew Henrickson Mon, 21 Jan 2008 05:49:53 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20572 I appreciate all the comments. I understand what you all are saying, it is pretty risky. It is a lot of product to move, it wouldn't necessary be easy, but what is? I could see a problem with packaging it as well. I agree with Patrick though, maybe it was the cheap prices that got me excited in it. I appreciate all the comments. I understand what you all are saying, it is pretty risky. It is a lot of product to move, it wouldn’t necessary be easy, but what is?

I could see a problem with packaging it as well.

I agree with Patrick though, maybe it was the cheap prices that got me excited in it.

]]> By: patrick http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20552 patrick Mon, 21 Jan 2008 01:42:24 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20552 The thought of getting wholesale goods for such a cheap price per item is enticing, until you figure out how you are going to move that much volume. Using your own storefront online is fine, but you have to have some way to drive traffic, or use eBay. And I have to say, the razor thin margins on eBay are pretty discouraging these days. The thought of getting wholesale goods for such a cheap price per item is enticing, until you figure out how you are going to move that much volume. Using your own storefront online is fine, but you have to have some way to drive traffic, or use eBay. And I have to say, the razor thin margins on eBay are pretty discouraging these days.

]]> By: Emma http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/comment-page-1/#comment-20485 Emma Sun, 20 Jan 2008 23:21:20 +0000 http://blogaboutyourblog.com/2008/01/20/create-your-own-e-store-with-wholesale/#comment-20485 I've thought about doing this. But besides the risk of being stuck with the merchandise it's kind of like being your own employee with shipping and other labor involved. So my answer is maybe. If I found the right product and maybe a possibility of eventually outsourcing labor. Thought provoking topic though. I’ve thought about doing this. But besides the risk of being stuck with the merchandise it’s kind of like being your own employee with shipping and other labor involved. So my answer is maybe. If I found the right product and maybe a possibility of eventually outsourcing labor. Thought provoking topic though.

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