eBay is best known for its consumer to consumer sales. Most of the merchandise sold on eBay is by private sellers who end up selling to other private users.

When you search on eBay you will see that the majority of eBay auctions are for single items, or at best small lots of five or six units.

While the fact is that currently the majority of eBay buyers and sellers are private consumers, there is a growing business to business market on eBay.

Many wholesalers are starting to use eBay to sell wholesale merchandise to resellers.

Wholesalers understand that just as there are people searching for merchandise for their own consumption, there are also individuals who are looking for merchandise for resale purposes.

If you are an eBay seller, flea market vendor, dollar store owner, or even a wholesaler, you should be using eBay to find good wholesale deals on the merchandise that you need.

Did you know that pretty much every category on eBay now has a sub category called wholesale?

This means that if you are an eBay seller of clothing, or a flea market vendor who specializes in clothing, you can now visit the clothing category and click on wholesale. You will then see all of the wholesale deals dealing with that type of merchandise.

At this point you may wonder why everyone doesn’t simply buy at wholesale and then resell in individual lots.

Part of the reason is because many eBay sellers do not have the storage capacity, or the money, to buy large lots. If you have the storage capacity, and some extra money to spend, then you should definitely think about buying wholesale lots on eBay and reselling them in smaller lots.

There are times when you can buy a wholesale lot for a low price, take better pictures of it and write a better description, and sell it for up to double the price of what you paid for it.

To be successful at finding wholesale lots on eBay you need to understand the product. Make sure that the product being sold in the wholesale lot still is in demand.

Just because it’s not in demand on eBay does not mean that it will not be in demand elsewhere.

Many store owners and flea market vendors will buy wholesale lots on eBay and resell them at a profit in their own stores and flea market booths.

Reasons that will create situations that enable you to buy wholesale merchandise on eBay at a low price, can be because the eBay seller might have just closed his business, a flea market vendor might be moving, or the distributor’s merchandise is simply not selling in his area.

You can fully maximize the potential of your business by buying wholesale lots on eBay.

Donny Lowy is the CEO of http://www.closeoutexplosion.com, an online wholesale and closeout business, and http://www.wholesalecloseoutforum.com, an educational resource for the wholesale and closeout business.

Tags: eBay, wholesaler, wholesale, wholesale merchandise, flea market vendor, wholesale products, closeout

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Posted on October 24th, 2008 by sowhat2
Filed under: trick auctions | No Comments »

Most eBay sellers specialize in selling items for which they have small quantities. Since the average eBay sellers is a home based entrepreneur she has to work within certain constraints.

The limits the average eBay seller faces is a small budget and scarcity of space in which to store their merchandise.

So while most eBay sellers will only stock a small quantity of goods, there are times when an eBay seller will find herself with a large quantity of an item.

While some might see this as a disadvantage for the eBay seller, it can actually represent a significant opportunity.

If you are familiar with the phrase that “adversity creates character” you will understand how this situation can actually help the eBay seller to rise to a higher business level.

The eBay seller now has to devise a strategy for selling this larger quantity of merchandise.

Here is how an eBay seller can successfully sell a large run of an item on eBay.

For starters, the eBay seller should carefully inventory the merchandise he or she has.

The eBay seller would want to know what sizes, colors, and styles, he has.

After carefully noting the type of merchandise he has, he would want to start categorizing it.

This would entail the eBay seller listing every possible category and sub category that the merchandise could fit under.

For example, crew socks with a nice cartoon logo can fit in the following categories and sub categories:
Apparel, socks, men’s socks, children’s socks, sport accessories, sport’s apparel, athletic wear, novelty items, collectibles, licensed wear, etc.

The key is to be imaginative.

At this point the eBay seller would create multiple auctions and list them under different categories and sub categories.

The eBay seller will then be able to sell more of the same item, without over saturating eBay.

Donny Lowy is the CEO of http://www.closeoutexplosion.com, an online wholesale and closeout business, and http://www.wholesalecloseoutforum.com, an educational resource for the wholesale and closeout business.

Tags: closeout, wholesaler, wholesale products, eBay, wholesale, flea market vendor, wholesale merchandise

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Posted on July 5th, 2008 by sowhat2
Filed under: trick auctions | No Comments »