Are you an Ebay seller who would like to build a profitable auction business? Most people who start out selling on Ebay enter the auction world by selling items they have lying around their home that they no longer need. They quickly run out of merchandise and then ask the inevitable question, “What do I sell now?”
Ultimately, to be successful long term on Ebay, you’re need a reliable source for an item that has a strong market on Ebay that you can get in sufficient quantity at a good price. Sounds like a tall order to fill, doesn’t it?
What are your options? One of the best selling items on Ebay are high end designer purses such as Prada, Gucci, Coach. A search for completed auctions on designer purses will reveal how high the demand is for these items. Many designer purse auctions generate quite a bidding frenzy which is candy to the eyes of the Ebay designer purse seller.
If you can find designer purses at good prices, you can definitely sell them. Unfortunately, many of the so called designer purse wholesale price lists you purchase are not true wholesale prices at all. In fact, if you source through these wholesale lists, you’ll probably end up losing money on Ebay. That’s definitely not the formula for building a successful designer purse auction business, now is it?
How DO you find designer purses at prices that can yield a profit for you on Ebay? One option is to buy secondhand designer purses from people in your local area by frequenting yard sales, thrift stores, estate sales, consignment stores, and by advertising that you pay top dollar for designer purses on bulletin boards in your area. The disadvantage to this strategy is it can be difficult to find enough purses to sell to build a viable business. Your time is probably better spent running your auction business rather than running all over town looking for designer purses.
Another option is to offer to sell designer purses on Ebay for local boutiques and consignment stores in your area that sell designer purses. In turn for your selling efforts, the store would give you a percentage of the profits realized at auction which would admit to 20-30 percent of what the purse sells for. The disadvantage here is that you’re not receiving a big return for your work which would include photographing the purses, describing them, handling payment details, and shipping them.
A final option is to find legitimate, wholesale sources for high end designer purses and build a mutually beneficial relationship with the company. To do this, you need to approach all of your sources in a professional manner. When you request wholesale price lists, be sure to address your request on business letterhead and include a professional business card. Do your homework and purchase from a reputable company. You don’t want to lose your good reputation by selling fakes or replicas as the genuine thing. There ARE legitimate sources for designer purses out there if you take the time to source them. Here’s to your successful designer purse business!
Kristie Leong M.D. will show you how to find legitimate wholesale sources for designer purses to sell on Ebay and other auction sites. To find out how, visit http://www.auctionbranding.com
Tags: auction business, designer purse business, designer purses, ebay, ebay husiness, sell on ebay