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What To Sell On eBay :: Wholesale Imports

Wholesale Imports: China Imports Mean Incredible Wholesale Bargains

Wholesale imports are an answer to successful competition online in general and eBay in particular. That's because one of the most frustrating experiences you can have as a seller is to check the prices of a wholesale product - then meander over to eBay and find listings below your wholesale price.

There are lots of reasons why you may find a competitor from time to time, selling the same products that you're selling, but for a lower price.

Many times it just appears that they're getting better pricing, when they're really just marking up their shipping, selling closeouts that are not in good condition, cutting their own profit margins to the bone just to get their name out there, using a product as a "loss leader" in order to put a customer in front of their more expensive products....the list goes on, folks.

That's business.

As long as you're working with genuine wholesale suppliers, you're getting about the same wholesale prices as everybody else. Most of the rest is just retail selling strategies. We talk about that kind of thing in great detail in our classes.

Sometimes, though, you run into a small business that seems to be able to sell at impossibly low prices. When you see that, you may be seeing someone who's directly sourcing their products overseas.

Brad Fallon, for example, is doing just that. One year ago, he opened MyWeddingFavors.com, using a drop shipper he found in the Drop Ship Source Directory. After he had saved some of his initial profits, he began to buy products from his wholesaler in bigger bulk loads. Then, he made connections in China, and started importing container loads of wedding favors directly from the Chinese manufacturers. Brad made 1.2 million dollars in sales in his first year as a result.

This is a prime example of starting out right, working your way into a good profit base, and then expanding your product sourcing.

It's not easy to pull this off, though. One of the big problems is that unless you have a Chinese agent, you might very well find substandard and inferior goods on your front doorstep. For instance, Brad and his wife Jennifer ordered some wedding favors that were supposed to look like pears. When the merchandise arrived, the pears were black-ish. Not good (although theymanaged to sell them 'as is').

The wholesale import business is risky, granted, but the financial rewards of incredibly cheap prices make it worthwhile to learn the ropes. Then we can import in a risk-free manner directly from the source.

 

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