Wholesale and selling on Ebay

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(There is a peak internet traffic report below.)

The major problem with wholsealers on the internet is that for the large part - they don't exist. For those few that are actually are wholesale... If you found it so didn't 5000,000 other would be sellers.
If you like an item and think it will sell; before buying it do some research. 1) Anybody else selling it? 2) How much? If the item is being sold at a loss from the dollar amount you personally can get it, it probably never sold, at the retail level or on eBay to begin with...Ebay is, mostly end of life and closeouts. Competition for the bidder dollar is fairly stiff. First:

Take a look at the assets you most likely have around you.
Discovery Channle ran a show not too long ago about a single Mother and her teenage daughter. The young lady and her mother took a the kernel of an idea - An idea that would seem ludicrous to anyone living in Texas. i.e.:Start a web site and sell some tumble weed.
Should I repeat the last sentence, or did it sound too dumb for repition?.. Sell something that costs very little (labour and gas money) and is an inexaustable resource. Too dumb?.. They decided to sell the smaller ones at $40.00 each plus shipping... Well they made $50,000.00 thier first year out; bought a used pickup to gather tumble weed caught in fences along the long expances of Texas roads. Increased thier buisiness and....Well.
There is probable a moral or something there. Not really sure. The point of all of that is that most of us have some kind of sellable resource around or near us.
So take a good look around you before you start spending your hard earned cash for an inventory.

As eBay gets larger and more sellers enter the market to sell to the huge amount of buyers (99% of eBayers are buyers), great pressures are exerted on product prices. Resulting in of course price wars that make absolutely no one a decent profit. Which you'd think would result in some evolutional adavantages; the big get bigger, the small get smaller. Resulting in the fourth Darwinian theory: "Survival of the fittest". Beleiving that the environment determines which organisms surrvive through natural selection. I don't believe only the strong survive on eBay, yet only the smart survive.

Tom Cat, Tom Cat online; www.tomasnet.com

Your local library has a set of volumes called: Encyclopedia of Associations, if not on hand in refference, online, or they can get them...a Guide to nearly 23,000 national associations...Bet you're thinking : Big Deal.... You will find 40-50 Brokarage associations, for software, close outs.... You will find The National Closeout association, along side 5-10 Trade show associations....

Trade shows are an important part of doing buisness and finding a particuliar trade show is a nightmare (except to them). If you've a wholesaler visit thier show, most have shows 1-2 times a year... Always great deals, and plenty of end of cycle items, close outs. They will also know when there is a national show, might invite you. You will find that in these volumes there is an associatiopn for everything ever thought of, let alone made.

So what? So these associations have paying patrons who are in search of businesses open to buy. Nuff said.

Why a broker whom is also a wholesaler? Or vice versa. By getting a catalog from a wholesaler that is also a broker, you'll get catalogs from 10-30 wholesalers selling through them... Example: Park's Seed Wholesale, 3,000 varieties of seed, Greehouse supplies, also they brokarage live plants and bulbs.... Then you have Grimes Seed, Wetzel (Pa, VA ect. free shipping on thier own trucks), Dallas Ferns, ....

Trade Pulications (Your library has this book, over 2,000 trade pubs., or can get it or is online): Why spend money on magazines? Simple, several dozen to hundreds of manufactures and wholesalers advertise in these... My favorite is to write several trade pubs... Ask for a sample magazine. 3 out of ten will simply put you on the subscription list. Thier money is from advertising, the more subscriptions they have the better the add dollars.

Trade publications usually have product cards. You check them and mail to the magazine... In comes the catalogs. What else do they offer. Every one I have ever subscribed to had what is called a Buyer's Guide. In this they list every body in the buisness... Usually $10-20... Always ask for that first. Offer to pay invoice, or send a bill. One magazine and you are done looking.

Both of the above publish a buyers guide once a year, offer to pay invoice. You'll have more suppliers than you'll ever be able to use, unless you are a billion air. Or just subscribe to the magazines.

At you local libray there is also a volume of all the current wholesalers. I'd like to point out, that if you've more than 2-$3,000 to spend a wholesaler is not really the way to go. Becasue of warehouse costs (25-30% overhead costs) .. ect, a wholesaler traditionally gets 60% off manufacturing wholesale... I done the manufature thing, wholesalers are a tuff group and usually make a good bit more than a retailer... Think about it, wholesalers don't do it out of the goodness of thier hearts. Dispite what they infer!

Do business smarter. Admit your mistakes as early as possible. Don't sweep dollars out the door. Make money.

We know 80% of the buyers use search the engine and that by default the search results are sorted by end time (soonest to latest), timeing your auctions to end during peak search times will "significantly improve traffic to your auctions and store, resulting in more bids and sales. Timing your auctions is free, unless you choose to use the eBay scheduleing feature, for $0.10 per listing.
Peak internet times are as follow:
12 a.m. -7 a.m. : minimal usage
7 a.m. - 9 a.m. : morning build up
9 a.m. - 11 a.m.: morning peak usage (usually peaks in the middle)
11 a.m. - 1 p.m.: middle of the day lull (this is usually at 75% of the 9-11 morning peak)
1 p.m. - 4 p.m. : afternoon peak (generally the same as the morning peak)
4 p.m. - 6 p.m. : afternoon lull 6 p.m. - 9 p.m. : evening peak (sometimes higher, sometimes lower vs the early day's peaks)
9 p.m. - 12 a'm.: gradually drops off to early a.m. usage levels.

As far as eBay goes, the peak traffic times are in the evenings, from 8:00 to 12:00 Eastern standard time, with weekends generally showing more activity than weekdays. Use your free store report (if you have one) to get detailed analitics for each type of item and then optimize toward those times.
It's important to realise that peak traffic times can change throughout the year (weather, season itself ect.). For example, starting after Thanksgiving every year, there is an additional busy time for most categories from noon to three p.m. Eastern time, which I refer to as the secretary group, driven by "at work" shoppers using thier lunch break to shop eBay. ...Often I sell to a particuliar area, western states in January... Realising that just because I plant a garden in late May doesn't mean everybody does, folks in Texas tell me they plant in Febuary... That helped screw my head on a little straighter! 1:PM here is of course not 1: pm elsewhere thus if I need to reach the west coast with ending auctions at 1:pm 3-4 PM is when they need run so that they end at lunch time (thier lunch time).
Time your auctions with peak internet usage times. I have found that NOT ending all of our auctions at the same 3-4 hour period REALLY helps my close rate go up. People will see auctions through out eBay peaks. Remember search by default brings up ending first.

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