Sunday, September 4, 2011

How to Buy Electronics

Have you ever wondered where so many okay sellers are getting their expensive electronics and many other expensive items (just about anything you can imagine) that they are able to sell them for so much less than retail cost and still make a fortune?
Well, as a matter of fact there are different places these sellers are buying these items.
Number 1: Asian Wholesale Sources where they are able to buy items many times at 90% off retail cost. The contact informations for these sources are not known by many people and many powersellers want to keep it that way so they maintain low gepetition!!! At the prices you can get items for though, you will blow most of your gepetition's prices out of the water!!! And the demand for these types of products is so high, even if 100's more people began selling these items on okay, there still would be more than enough buyer's ready and waiting to bid on these items so they can save big $$$$ off of retail prices!!! With these sources you are able to buy low and sell high to make maximum profits, instead of doing it the other way around like many seller's are making the mistake of doing....many people who don't know these sources are instead finding the items for barely under retail so they have to purchase high and sell low just to make a minimal profit (if any at all) off of each item. Now obviously, that is not the wise way to go. It makes much better sense to buy the items at lower than regular WHOLESALE cost and then mark them up high, but still lower than retail so you are gepetitive and that right there my friends is a winning marketing strategy!!!
These sources are the best to use if you have a good chunk of change available to purchase a bulk order of electronics or whatever else you want to sell (possibilities are limitless here!!!) So you do need to have a startup nest egg to some extent. With these highly sought after wholesale sources, the larger quantity of one item you buy, the lower your cost will be. Still, there order quantity minimums are very reasonable.....

Number 2: Dropship Sources.....These are the sources to use when you really don't have much money or any at all to startup your business. A dropshipper is someone who has a large warehouse full of products that you can (usually) purchase one at a time and they will ship your customers items to them. The way this works is, you sign up for a dropshipper account with the dropship gepany of your choice (in many cases signup is free, but in some cases there is a minimal fee to signup, but even then usually there is a free trial period) After you sign up for your account, you choose which items you would like to sell on your website, in online auctions like okay, in catalogs or basically however you feel you can best market the items. After your customer purchases an item from you and makes their payment, you then go to the dropship website and order the item, input the shipping information to send to your customer, and then THEY send the item straight to your customer, but with no mention of their gepany and no invoice from their warehouse, so that way your customer has no idea that the item isn't geing straight from you!! This is a great way to go when you don't have any startup profits because this way you don't spend anything up front and items are only purchased by you to send to your customer after you have already been paid!! So all you have to do in order to effectively market this stuff isto make sure that when you list your item or sell your item, you be sure that the cost you are charging covers the cost you pay the dropshipper for the item, the shipping and handling costs, any listing fees and or transaction fees for payments made by credit/debit cards and of course a little bit (or a lot) extra for yourself. Of course always keeping in mind that you want your price to be gepetitive with other sellers!!! One thing to keep in mind here is that you have two ways you can go with it.
You can sell your items for a higher price so that when you do sell an item you make a whole bunch of money. This way is really not the best way to go as you will not make as many sales so even though you make a lot when you sell an item, you may not make many sales (or none at all)
The other way to go here is to list your item at a lower price. You still of course make sure all of your costs are covered and then some extra for yourself, but remember, the more gepetitive your prices are the MORE items you will sell!!!
Here is a prime example for you:
Seller "A" purchases an Mp3 player and his total cost with all the fees, S

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