The idea of finding the “right niche”, beginning a relationship with a wholesaler, and buying in moderate to large quantities can be daunting and can even induce fear and panic! The great news is, it doesn’t have to be this way! In my 6 step business strategy (which I provide an overview of in my free ebook available on this site), I recommend starting small and growing from there. In my opinion, buying wholesale in large quantity is not the place to start until you get your feet wet. If you’re nearing step 3 (working with wholesale suppliers) of my strategy, then I’ve got a great “introduction method” that will get your feet wet while significantly lowering your risk and will ease you into wholesale buying!
As you know, I highly recommend Worldwide Brands for connecting with real wholesalers (and even drop shippers if that is your business model), but as I mentioned above, initiating a long term relationship with wholesalers can be intimidating when starting out. Today I want to introduce you to Ebay Wholesale Deals! I was invited to this site years ago and have found numerous profitable items since! The site used to be open by invitation only, but now it is open to all retailers (online or offline) so long as your present your resale certificate/EIN certificate. If you don’t have one simply Google “resale license” followed by your state name to find information on how to obtain one in your state. EINs are issued by the IRS. I would recommend applying for an EIN first HERE then using that number to apply for a resale certificate (if needed- every state is different.) Once you have this, go ahead and sign up! You will likely need to preset Ebay with a scanned copy of your certificate/license. As a side note, the resale certificate will help tremendously with your arbitrage endeavors as well since it makes it possible to buy retail items tax free!
Ebay Wholesale Deals opens up their platform to wholesalers, retailers and distributors who are looking to sell off excess goods, overstock, liquidations and wholesale products and opens up the buying side to online and offline retailers. This is great for you, the online seller since most items are sold in a reasonable quantity and there is really no need to “pick a niche” at this point. It’s a fantastic way to try out a variety of niches and test the market to find the “good niches” and the “bad niches” (or the ones that work for your business!) Furthermore, you are not locked into a long term relationship with the wholesaler/Ebay seller. This is really the perfect bridge between arbitrage and wholesale!
The video below shows a couple of deals I came across just browsing the first couple of pages! There are countless items available and I’ve successfully found numerous items on this site sometimes at extremely high profit margins! For these, you’ll need to be quick! After signing up, you’ll receive regular emails when inventory is updated on Ebay Wholesale Deals. Be sure to look at the new inventory right away! Several months ago, there was a gaming mouse available with over 100% profit margin (unheard of with wholesale sourcing!) Unfortunately, by the time I researched it and decided I was going to buy, all the lots were gone! For these kinds of deals, you’ll need to be fast! However, in the video below, you’ll see, it’s quite possible to make some quick cash with very little effort on a variety of items! There are hundreds of items to choose from, so dive in!
As a side note: I’d like to apologize for the constant clearing of my throat in the video (I was getting over a cold). Also, I apologize for the low quality video. I’m in the process of transitioning to a better screen capture program. The video should still serve it’s purpose with the low quality images.
If you’ve not yet signed up and received my business strategy that I’ve used to make a 6 figure a year income, please do so below! Thanks for your support!