1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Could This Be Worth My Investment?

Discussion in 'Ebay' started by garthor, Mar 24, 2013.

  1. garthor

    garthor Newbie

    Joined:
    Mar 24, 2013
    Messages:
    48
    Likes Received:
    13
    Hello Everyone,

    I recently signed up to the BHW, although I have been checking it out for quite some time.
    I am really happy to see how everyone is helpful and always gives their two cents unlike other places.

    Anyways, I'm starting to get into eBay, I purchased a product which is a shame, eBay deleted away
    all my listings. I made $200 from that method, but well, my account is already at risk. I was basically
    syphoning off big products and sell an ebook for $12. eBay just warned me if I do this again, I will lose my account,
    so I would strongly stay away from this.

    I'll go straight to the point, after doing some calculations and research on Alibaba, I found a supplier that's willing
    to give me a sample. My total investment would be around USD$500. I would get 100 units that I can sell for around $12 on eBay.
    There seems to be around 700 sales a month for this particular, although there are over 8k listings for the main keywords.

    Is this a wise investment? I will be competiting against many people, and my account barely has 5 positive feedbacks.
    Should I focus my time on selling $1 ebooks to build up my feedback ?

    Best Regards,
    Angel
     
    • Thanks Thanks x 1
  2. ytr191

    ytr191 Regular Member

    Joined:
    Feb 28, 2013
    Messages:
    231
    Likes Received:
    144
    Occupation:
    Self Employed
    Location:
    $$$$$$
    Lets say your listing and a powersellers listing are side by side.

    Who are the buyers going to buy from?

    The powerseller.

    Sell 1 dollar ebooks to up your feedback.
     
    • Thanks Thanks x 1
  3. garthor

    garthor Newbie

    Joined:
    Mar 24, 2013
    Messages:
    48
    Likes Received:
    13
    Thanks for your reply,

    Becoming a powerseller is a really hard task. You should be selling more than $1k a month, no?
    I don't see how it would be possible to sell over 1k ebooks a month?

    Is eBay really worth the hassle if you are not a powerseller? I understand your whole point on the feedback
    thing, but this still doesn't answer my question on whether or not this is a good investment.

    Obviously, I think I should work on my feedback if I want to sell those 100 units and make a good profit.
    I see some people with 0 feedback ranking on the first page for this particular product which is a good sign.

    The only poblem that's holding me back is the fact that I don't live in the US, and it's rather hard to ship the items.
    How do you handle the shipping yourself?

    Could we have a chat in skype? I saw your thread on the journey, and it seems very inspiring to me.
    I believe we can help each other, as I have experience in other fields but eBay.
     
  4. ytr191

    ytr191 Regular Member

    Joined:
    Feb 28, 2013
    Messages:
    231
    Likes Received:
    144
    Occupation:
    Self Employed
    Location:
    $$$$$$
    Sure add me on skype, Im sure we can help each other out.
     
  5. ilovestocks

    ilovestocks Junior Member

    Joined:
    Dec 13, 2012
    Messages:
    155
    Likes Received:
    129
    Occupation:
    Stay at home mom
    Location:
    United States
    I would stay away from something with that much competition. You will most likely end up stuck with that merchandise. It's just way too risky. Those big sellers will eat you alive. I use to look on those sites like alibaba and it seemed like everything was so saturated. I just stick with buying stuff locally to resell. I also have bought stuff off eBay to resell on ebay. Google ebay arbitrage and you can get some ideas if you're interested. You use one account to buy and another account to sell. eBay is kind of like IM, you've got to find the right niche. Good luck.
     
  6. Applesauceee

    Applesauceee Newbie

    Joined:
    May 12, 2009
    Messages:
    30
    Likes Received:
    0
    Why did ebay delete your listing? What were you selling?
     
  7. shaneparkins

    shaneparkins Junior Member

    Joined:
    Feb 27, 2013
    Messages:
    136
    Likes Received:
    18
    Home Page:
    I'm a powerseller in the UK and it was not that hard, I made around $7k in 1 month from left over stock (it was coffee) I think I'll loose it this month as I have nothing to sell now LOL
     
  8. garthor

    garthor Newbie

    Joined:
    Mar 24, 2013
    Messages:
    48
    Likes Received:
    13
    It would be a great business if you could manage to find stuffs locally cheaper than eBay, but it's way harder on a 3rd world country, where things are more likely imported from the US already, not China directly. This opens a pretty good opportunity for me to sale those stuffs locally. But, I still don't want to end up stuck with merchandise as you said. The demand in my country is by far smaller than in any other developed country.

    Craiglist is not even used in my country, so it would be a waste of time.

    Thanks for your advise though.
     
  9. unclemike

    unclemike BANNED BANNED

    Joined:
    Nov 6, 2012
    Messages:
    827
    Likes Received:
    984
    I would definitely focus on feedback for right now. :)

    Cheers,
    Unclemike
     
  10. TheSavior

    TheSavior Newbie

    Joined:
    Mar 29, 2013
    Messages:
    28
    Likes Received:
    1
    They did this to me one time because they thought someone else was on my account.
     
  11. haoNhack44

    haoNhack44 Junior Member

    Joined:
    May 2, 2012
    Messages:
    115
    Likes Received:
    35
    Agreed. Sell a bit cheaper at first and go for volume. Give amazing customer service, fast turnaround time, good shipping terms, etc. and bring up your feedback. Once you're a little more established and/or a powerseller, then you bank hard.
     
  12. Paul77

    Paul77 Newbie

    Joined:
    Mar 30, 2013
    Messages:
    31
    Likes Received:
    6
    Occupation:
    Director of own company
    Location:
    European Union
    I agree too that you should focus on building your feedback. Keep also in mind, that ebay+paypal eats a lot of your hard earned money for comissions. I was also on ebay but left because it did not go the way I planed it should. I had already my own e-shop and ebay was a bad experience. All the profit which was eaten by ebay+paypal was otherwise in my bank account from my own eshop selling locally in my market. But on the other hand ebay is a place where millions of people shop. You should definitely give it a try and see how it goes but be carefull not to end up with stucked merchandise like already mentioned and make your homework calculating all the comissions for ebay so you donĀ“t end up loosing money like many many before you.
     
  13. ff1227

    ff1227 Junior Member

    Joined:
    Jan 31, 2011
    Messages:
    151
    Likes Received:
    82
    I don't do a lot with physical products but there's a smaller version of alibaba for small orders. Google the URL and you should be able to test it on a smaller scale without a $500 investment.
     
  14. ashash7

    ashash7 Registered Member

    Joined:
    May 3, 2013
    Messages:
    65
    Likes Received:
    10
    This is all good advice. If you do this, I would get the customers from ebay onto my own website so you are not stuck dealing with ebay in the long run and you can eventually get away from their fees. This business has three parts: 1) Build up the feedback for a few months with ebooks like stated above. 2) Start selling your real product on ebay and have a website or blog that you can direct your ebay customers to after they buy. When customers buy something on ebay, send them an email right after the sale telling them to get on your mailing list so they can see what you are selling on ebay BEFORE you post it on ebay. Put a link in the email to your website so they can sign up. When they sign up, start sending them your products before you post them on ebay and try to make the sale without ebay. You can even make the price cheaper since you don't have to pay ebay fees. 3) Once you get enough people buying your products before you post them to ebay, you can leave ebay.
     
  15. Karuli

    Karuli Newbie

    Joined:
    Aug 29, 2012
    Messages:
    27
    Likes Received:
    0
    Occupation:
    SELLERS-STASH.COM
    Location:
    Northeast
    Maybe you could sell in quantity or pair it up with something i.e. a handbag sells well but add the matching wallet, sells better.
     
  16. Lordstriker

    Lordstriker Regular Member

    Joined:
    Jan 2, 2010
    Messages:
    220
    Likes Received:
    50
    You need to check how many each listing sells on average out of all the live listings...