Friday, June 1, 2007

What do I sell ?

The most difficult and time consuming task that you will have before you is determining what it is your would like to sell. There are many ways to find merchandise to sell and I will go over just a few.

1) Clearance sales at your local stores. This is probably the items that I have made the most profit from selling. I found many stores in my area like Odd Lots or similar stores who purchase buy outs and sell outs and offer them to the public for low sale prices. Finding products that you feel are being sold at a price that you can easily add a $10 or more mark up and still be giving your buyers a deal are the best items to purchase. I go to outlet stores, auctions, and clearance sales to find my merchandise. The only problem with this method is that it requires an investment on your part. You must purchase the merchandise first and then sell it.

You will also need a digital camera to take pictures of your products. The best selling items on auction sites always have a picture available.

2) Drop ship companies are the easier way to start selling without any investment. a drop ship company is a company that has purchased popular name brand merchandise for wholesale prices. They offer these items to sellers. Many drop ship companies have millions of products available for sale. What is great about drop shipping is that the drop ship company has the pictures and the advertising text available on their sites. You dont need a camera. You copy and paste their information into your auction.

Some dropship companies are totally free and require only registration to sell their products. Some of the larger drop ship companies charge either a low monthly fee or yearly fee for their services.

Once you list an item and it sells. The money will deposit into your pay pal account. You them use this money to order the product from the dropship company. You give the dropship company the name and address of your buyer and they ship the item directly to the them. You never see or touch the item.

What is great about this is that you just sold something just for placing an ad. No money was required up front. You use your buyers money to purchase from the dropship company and the markup that you put on the item remains in your account. You just made your first profit.

I prefer not to list the dropship companies links. I would like personal emails from interested parties to give out this information. Many web sites on the net sell this information, but I am giving it away for free. Contact me thru email to discuss some of the dropship links that I have used in the past to get started right away.

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