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Where to sell for wholesale beginners to make more money

 Written by Matthew Hansen

 

1) eBay.com

eBay has millions of visitors each day and is one of the cheapest ways to gain exposure and traffic to your products.  It’s relativity easy to set up an account and start selling.  There are various strategies and methods to maximise profits which you should be aware of.

 

2) Other Online Auctions

There are other online auction sites that will be very profitable for you to join.  A few factors will determine which is best for you to join, depending on your location and the products you sell.  Search “online auctions” using your favorite search engine and these will generally be the sites that gain the most traffic.  For example, trademe is a great site for people living in Australia or New Zealand.  Find your local eBay alternative and let the money flow into your fingers.

 

3) Local markets or classifieds

Some products just aren’t suited for online sales, or you may just want an additional outlet to sell your items.  The newspapers often charge hefty fees to list products in their classifieds and you may have to answer phone calls at unpredictable times.  In selling at the local markets you will have to rent a stall and enjoy the advantage of one on one interaction with customers.  If you have a hot item at a great price then the money with roll in.  Remember not everyone has internet access and these are two ideal methods let those consumers enjoy your products.

 

4) Your own website

Selling from your own website can be very profitable if you have the traffic.  This is often the downfall of most would be entrepreneurs.  After building the site you must be marketing strategies in place.  Niche & affiliate products are ideal here and there isn’t any competition when they are on your site (until they leave).  You also must build a reputation of excellent service and complete safety to put the mind of the customer at ease.

Selling your product from your own website is a great idea, with a few ifs.  Create happy customers and they will come back time & time again – this is vital! 

 

5) Brick and mortar store

Selling at a physical address, such as a mall (also known as brick and mortar site), will make you a lot of money if you have a great location and hot products.  The setup and running costs here can be very expensive in comparison to online sales.  Proven products & systems are profitable when you are selling from a store.  This has the advantage of the customer being able to physically view & maybe touch/try on the product before purchase.  Also the consumer as the added peace of mind that comes with instantly receiving the product and having a place to go if something goes wrong.  It is more difficult to get started with brick & mortar stores, but don’t let that stop you!

 

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Matthew Hansen also known as make lazy money on eBay, and strives to help everyday people learn the best ways to earn income online . For more information you can visit his blog - smart ways to make money.

Copyright © Matthew Hansen

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Updated on August 17, 2006 
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