Buying in bulk offers great low price advantages to individual resellers, especially when purchasing from online market platforms such as eBay Wholesale. Are you an independent retailer who wants the attractive profit value from reselling wholesale items individually? Perhaps, you are a householder with an extended family who really appreciates the cost saving benefits of buying items in large quantities? To reap maximum benefits in wholesale buying on eBay there are a few tips and tricks to keep top of mind.
Top 3 eBay Wholesale Tips
- Know what eBay wholesale items are available and identify market demand
Items sold in large quantities are often non-perishable products that have a long shelf life. Examples include: jewellery, toiletries, electronic goods, clothing and accessories, toys and games including educational items and home and DIY kits. Successful resellers can accurately identify market demand for the type of wholesale product they are interested in. This helps resellers avoid the costly mistake of sitting with dead stock.
- Are there any local laws governing buying or selling of wholesale products?
Choosing a wholesale product for reselling is just one piece of the puzzle. Retailers also have to ask the all-important question of whether they need a special licence to purchase or buy a particular product in bulk. Conducting the necessary research (easy to do online) on local licensing laws first will help avoid any complications further down the line.
- Become familiar with eBay’s Wholesale Lots subsection
To make using eBay user-friendly for individual retailers, the online platform provides users with a subsection called Wholesale Lots. The trick to eBay wholesale buying is to identify the right keyword to search with in the appropriate category listing. Including the word ‘wholesale’ as part of your keyword search is an effective best practice technique.
Using best practice methods in buying wholesale products on eBay yields more favourable returns. It also allows you to purchase with confidence. MyRealKarma provides trusted insights and strategic tools for more successful online commerce.