Everyone knows eBay is one of the most powerful websites that has the power to attract over a million viewers and about the same of potential clients or buyers. Many private sellers generate huge profits from various items that are traded via that site. Searching eBay for products shows that many of the items there are sold on a single or retail basis. Although eBay resellers or sellers are greater in number, it does not mean that all of them are successful. The basic gist of wholesale is to get rid of the stocks in one go then dispose for overhead. This is a rule that any people try to implement but fail. This is where wholesale dealers make their killing.
As of today most wholesalers sell wholesale items as a re-sell on eBay. This is a ploy that wholesalers use to lure more people into seeing their wares and buying them. They hope to catch a big buyer who would like to get their items on a one buy deal. This has been the strategy that they use in eBay to net the big fish or small fish with deep pockets.
Although it seems like a great plan, one should get back to hard reality. One should look at trends in business to see if these plans would work. Depending on your niche, you should look at how the world economy affects it. If you deal in food, then the economy favors it because it’s always in need. Other niches have a different effect so you should adjust accordingly.
Retail or wholesale?
You never can tell what would happen until you close your first deal. The reason for this is that there are a lot of factors that are involved and there is no sure way to determine them. You can only go for greater potentials. The bigger the chance of sales, the more you should pursue it. You can try to dispose by retail but it may take longer to dispose your stocks. But the point is to dispose of the lot so that your profit margin stays safe, right? In that case you should try to get it sold in one deal. Research the market, plan ahead, then make the deal. Learn from the deal and then plan the next one.