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Duration : 0:2:55
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Duration : 0:3:5
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Duration : 0:1:56
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1. Thorough market research is the foundation for success
Meticulous market research doubles your chances of making a tidy profit from the wholesale goods you buy. Start off with a list of 5-10 different ideas. Then check completed listings searches on eBay to see what the item generally sells for and the sell-through rate for each one. Use Yahoo’s free keyword tool http://inventory.overture.com to find out how many people are searching Yahoo for your product per month. You can double this figure for Google. Add the numbers together. If there are ten thousand or more searches per month for an item, this indicates a healthy market.
2. Calculate the REAL cost of your item
One big reason why people fail at the wholesale game is that they don’t do the numbers. In other words, they don’t treat wholesale like a real business. To accurately discover your true profit potential on an item, you need to add the shipping cost and insurance, eBay fees (or equivalent for other advertising), Paypal and/or credit card fees (these can be a real profit killer), packaging costs and labor involved packaging, and any storage costs to the cost of your item.
3. Verify ALL suppliers found on the Internet
Getting caught out by scammers is a common stumbling block for people new to wholesale. If you are searching for suppliers off your own bat (rather than using a wholesale directory like SaleHoo), it is CRITICAL to check authenticity before making a purchase.
Always take the time to the reasons for liquidation and closeout sales before you buy. Liquidation and Closeout sales can be a fantastic source for cheap products, but you usually have to buy by the pallet load and these can sometimes include broken or returned goods that aren’t in saleable condition. To be safe, ask specifically whether broken items and returns are included before you buy.
6. Negotiate on shipping and save Shipping economically is critical to importing success. Profits can easily get swamped in shipping costs, so take time to get a good deal on shipping. If possible, negotiate CIF (Cost, Insurance & Freight) or DDP (Delivery, duty paid) shipping terms with your supplier as this takes much of the risk – not to mention organization – off your shoulders. FOB (Freight on Board) is the most common shipping term, but don’t be afraid to negotiate for better.
7. Drop shipping – can you really afford it?Drop shipping sounds great in theory – someone taking care of packaging, wrapping and postage – but it can be difficult to profit from this method. Think about it, drop shipping can add another $2-10 to your costs – sometimes even 10% of the cost of the item. By the time you add in eBay fees and any other costs, you may find it is not worth it.
8. Warehouse storage checklistAsset management is the most important consideration when locating warehousing to store your items. Believe it or not, items can go missing while in storage, causing massive disruption for you. When comparing warehouses, ask questions specifically on how you will authorize the release of stock (by phone or fax?), what will happen if you need to cancel an order, frequency of damage claims, dust management, and whether there is an area you can use to photograph items.
9. Powerseller wealth It’s a fact – eBay powersellers are able to command higher prices for their items than ordinary eBay sellers. To get the best profits on your wholesale items, you need to aim to get and maintain powerseller status.
10. Growth with a website and eBay store The way to increase profits from wholesale is to build your own website and/or open an eBay store. This allows you to cross sell items plus it also makes it easier for people to find what they are looking for. For example, if you sell shoes, then customers can easily navigate to browse all black shoes in size 9 and so on. Always include a sentence at the bottom of your descriptions encouraging visitors to check out your other listings – most people will.If you are looking for genuine and trusted wholesale suppliers then look no further than SaleHoo! SaleHoo’s directory contains over 4000 drop ship, wholesale and closeout suppliers that are independently reviewed and rated by eBay Powersellers and Industry experts. SaleHoo also purchases off them and reviews each supplier in depth afterwards.
Duration : 0:1:26
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By appealing to the helpdesk, a user can :
Send a support request to the techsupport using the web interface, e-mail or by phone
Choose the ticket category
Set the urgency level of a ticket
Receive confirmations via the e-mail
Receive replies via the e-mail
Evaluate replies
Close the ticket
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Receive support requests via the web interface, e-mail, forum, phone or other sources
Classify requests by categories
Assign the responsible person to each category
When creating a new ticket, the responsible person can be assigned automatically depending on category, urgency level
the default responsible person can be assigned.
After the ticked is created, the responsible person receives an e-mail notification
If the responsible person cannot be assigned, the notice is sent to all Techsupport administrators
If a ticket gets modified, the ticket author is notified via the e-mail
If a ticket gets modified by the author, the responsible and/or techsupport administrators of the ticket are notified via the e-mail
Add new ticket states (e.g. New, Open, Resolved etc)
Customize reply ranks (e.g.: Satisfactory, Incomplete etc.)
Customize urgency levels (e.g. high, normal, low etc.)
Configure additional information sources (e.g. e-mail, phone, forum etc.)
Receive support requests using the Mail module
Mark the e-mail messages as spam, thereby teaching the Mail module
Perform actions on tickets (close; open; withdraw the spam mark; mark as possible spam; mark as spam etc.)
Send hidden messages between techsupport team members in the context of a ticket so as not to unveil the service internals to the ticket author.
Leave comments visible to users of the techsupport group only
register new tickets in the Statistics module.
Duration : 0:8:11
http://www.bestvideohosting.com A good web hosting company is a basic requirement when setting up a website. You have several hosting choices, and you should pick the one, which suits the best for your website goal.
Duration : 0:3:11
With today’s wealth of information from the Internet, trade shows and business directories, even the smallest of buyers can generate a list of potential suppliers in China. However, possession of a list is only the beginning of the Supplier Evaluation and Order Placement process. The secret to success lies in your ability to move from the ‘Request for Quotation’ phase to delivery, aided by the knowledge of how to select the right supplier from a large pool of potential suppliers; ensure that the quality of the goods produced meet your expectations; and protect your brand imagery and product design specifications. In other words, preventing suppliers from becoming competitors. In this session Mike Bellamy from PassageMaker (psschina.com) will look at common pitfalls and best practices, and offer strategies on how smaller companies can overcome these issues on a limited budget.
Duration : 0:8:56
With today’s wealth of information from the Internet, trade shows and business directories, even the smallest of buyers can generate a list of potential suppliers in China. However, possession of a list is only the beginning of the Supplier Evaluation and Order Placement process. The secret to success lies in your ability to move from the ‘Request for Quotation’ phase to delivery, aided by the knowledge of how to select the right supplier from a large pool of potential suppliers; ensure that the quality of the goods produced meet your expectations; and protect your brand imagery and product design specifications. In other words, preventing suppliers from becoming competitors. In this session Mike Bellamy from PassageMaker (psschina.com) will look at common pitfalls and best practices, and offer strategies on how smaller companies can overcome these issues on a limited budget.
Duration : 0:9:35
With today’s wealth of information from the Internet, trade shows and business directories, even the smallest of buyers can generate a list of potential suppliers in China. However, possession of a list is only the beginning of the Supplier Evaluation and Order Placement process. The secret to success lies in your ability to move from the ‘Request for Quotation’ phase to delivery, aided by the knowledge of how to select the right supplier from a large pool of potential suppliers; ensure that the quality of the goods produced meet your expectations; and protect your brand imagery and product design specifications. In other words, preventing suppliers from becoming competitors. In this session Mike Bellamy from PassageMaker (psschina.com) will look at common pitfalls and best practices, and offer strategies on how smaller companies can overcome these issues on a limited budget.
Duration : 0:10:12