Wholesale Resale For Profit
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Whats better then making money in a recession – the answer, nothing. With the economy taking a nose dive and venturing into the unknown abyss of Geo political power shifting there is one thing that will always remain constant the world over, and that is money. Whether its up or down, its always there. You might be counting it in dollars, euros, rubles, or even yen, but every good entrepreneur is always looking for that next easy sale that will make you some extra cash.
One of the best ways to go about doing that in the market right now is to find sweet wholesale deals and split them up for resale. Its like Christmas for everyone involved really. The trick is to find a good deal just like any other affiliate offer out there, but with this your a little bit more in control.
Take for example usb thumb drives. Lets say you find a nice wholesale deal out on the interwebs and you manage to scoop up 20 one gig thumb drives for $100. That averages out to $5 a drive, not that great of a deal but for the sake of easy math lets stick with those numbers.
The goal is to sell the drives individually for more then what you just paid for them. Simple enough right. There is all sorts of ways to sell these off cheap, but the main two that come to mind are craigslist or eBay. You can also hold a raffle, or sweepstakes on your website for a weekly prize drawing if you feel like giving some away as free traffic generating tools.
However you sell them the principle is simple – buy a wholesale lot of an item, then split it into individual sales that are a decent percentage profit above what you bought them for. If I sold the 20 thumb drives for $10 a piece that would make me $200, which turns out a nice $100 profit from what i spent on them in the first place.
Here are some wholesale lots right now on eBay that I’m currently watching as they piqued my interest. You are more then welcome to bid on them as well, but always be sure to search out the best deals and stay active.
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HP Compaq DC5100 - 3.2GHz HT Processor US $129.00 End Date: Friday Mar-12-2010 10:11:20 PST Add to watch list |
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HITACHI /IBM 60 GB LAPTOP HARD DRIVE NEW LOT OF 10 SALE US $480.00 End Date: Friday Mar-12-2010 11:07:55 PST Add to watch list |
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LOT OF 5 DELL INSPIRON 545s DUO 2.8GHz 6GB 750GB DVDRW US $1,979.99 End Date: Friday Mar-12-2010 12:07:55 PST Add to watch list |
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LOT OF 5 DELL GX520 COMPUTERS 3.2GHz 1GB 40GB CD XP US $814.99 End Date: Friday Mar-12-2010 12:08:03 PST Add to watch list |
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LOT OF 5 DELL GX520 USED COMPUTERS 2.8GHz 1GB 80GB XP US $1,044.99 End Date: Friday Mar-12-2010 12:08:17 PST Add to watch list |
1 Comments on this post
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sunil said:
very nice thanks!
February 27th, 2010 at 11:07 am
