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I live near a customer returns wholesaler.

Discussion in 'Making Money' started by Nakota757, Jan 8, 2010.

  1. Nakota757

    Nakota757 Junior Member

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    Is buying things from them and selling them on craigslist a good idea? I just don't wanna have to deal with shipping costs and everything so I thought it would be cool to sell locally.

    They sell things in pallets, one example is a pallet of 24 mini-fridges for $15 each. But I'm just not sure how well something like mini-fridges would sell.

    Does anyone think this would be a good idea?

    Any advice for me on this venture?

    All help is appreciated.
     
  2. KrasS

    KrasS BANNED BANNED

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    Just advertise some of the articles he offers , before you actually buy them. If you get many responses go for it, if you don´t get enough emails from possible buyers you didn´t have a financel loss.
     
    • Thanks Thanks x 1
  3. Nakota757

    Nakota757 Junior Member

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    It's actually a warehouse, I probably should have mentioned that, so there's no articles or anything, it's just a basic buy/sell type of service.

    But I see what you're saying, I could advertise them and if I get, say, 5 or so interests in one day then I could probably buy them and work on getting rid of them.

    Thanks for the advice.
     
  4. mollah

    mollah Power Member

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    mini fridges are like a few hundred dollars each. $15 is nuts. Do they actually work?
     
  5. Remington

    Remington Regular Member

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    It depends how "mini" they are. I'm imagining the ones that are about big enough to hold a 6-pack.

    I would still check out whether they work or not. They already were returned once, and for the place to accumulate a pallet-full suggests there may be a good reason for that returning...
     
  6. Nakota757

    Nakota757 Junior Member

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    The fridges are 1.7 cubic ft. in size. It's the same size as these here:

    Code:
    http://base1.googlehosted.com/base_media?q=http://img.meijer.com/assets/product_images/styles/xlarge/1000468_HNSB02BB_A_400.jpg&size=20&dhm=312f9cae&hl=en
    Also, I must have worded it wrong, it's not 24 of them for $15 dollars, it's a pack of 24 for $360, which is $15 for each fridge.
     
  7. ilovemoula

    ilovemoula Newbie

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    I'm looking for something like this. Can anyone guide me in the right direction? I'm in Canada but can deal with the US as well. Any help would be appreciated.


    Thanks!
     
  8. igniteimages

    igniteimages Regular Member

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    If that is the price and they are working I'd say go for it.

    Restricting yourself to local doesn't seem worth it. I understand that sending bulky items can be a pain but have a word with a couple of couriers and I'm sure you will be fine.

    Having the warehouse on your doorstep makes it simpler to obtain the goods (no delivery costs) and allows you to see fresh stock (I'm sure it changes week by week).

    Good luck.
     
  9. bgreat

    bgreat Registered Member

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    try it out once, you never know.
     
  10. Heytherejake

    Heytherejake Newbie

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    This is kind of awesome that you are so close to one, and if you have a lot of money to invest I'm sure you could make tons of money. I think although selling locally would be easier, you can just reach such a larger targeted audience online. If they have a lot of heavy products (like mini fridges) I would suggest even going to your shipping store and getting a business shipping account, in order to subsidize the shipping cost online. I think if you were to buy (using your example again) 24 mini fridges, it would take you a few months to sell them, so you would probably need somewhere to store them, along with other products you get. I'm really interested by this kin of business model and I would be happy to just talk with you about it, as it seems like a cool way to earn some cash!