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Liquidations via ebay... anyone uses this method ?

Discussion in 'Ebay' started by zionbar, Feb 16, 2016.

  1. zionbar

    zionbar Jr. VIP Jr. VIP

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    Hi guys

    thinking of buying some pallets from local liquidations and trying to resell on ebays.

    anyone using this method and can share some tips / tell his story ... are you succeeding ? is it a good method ? obviously you dont need to share your products... just the experience will be highly appreciated


    cheers !
     
  2. highshrimp

    highshrimp Newbie

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    Hi mate,
    I personally know a fella that does a lot of this.

    Not just pallets, what your mentioning is basically a well-known money making method called: FLIPPING.

    It can defo work out. However, a tip he gave me is specialise in something. Do not buy absolutely everything you can.

    Visit a few liquidations as a visitor / viewer. Have a look at what sort of stuff tends to pop up. Never buy something your not SURE can be flipped. Worst thing is having a pallet of goodies in your garage for years and years, losing value and holding your capital possibly stopping your operation.

    If you know a lot about electronics for example, only buy pallets full of electronics, as you have an idea in your mind already of how much you can sell each item for, etc.

    You will be very sad if you buy a pallet of for $1000.00 and turns out everything on the pallet either does not sell or returns for a loss.




    BUT IT CAN BE DONE. It is just like going to a bootsale and purchasing books or nik naks you are sure you can flip. Maybe start off with bootfairs as the investment is lower. hehe
     
  3. soulcollector

    soulcollector Senior Member

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    I typically buy from synnex or tech data for my client's electronics. Its called volume buying in huge upfront sums to make profit off the item. These distributors then resell to places like Best Buy or Target, and they supply the main release of most electronics these days. I suggest you look into it.