Most new online sellers hope and dream they can find a magical supplier down the road who will sell them their goods for substantially less than they are currently selling them for on eBay or Amazon. However… rarely does this ever happen. If a seller does find this secret seller, we can only wish them good luck on finding another similar opportunity!
The secret to making high profits not just on eBay however all businesses and not having to work your tail off, is to “working smarter and not harder”. That is, to buy items at the lowest possible price and make high profits as opposed to making skinny profits and needing to sell 10 times more of the same product to make the same profit. Buying direct from the source with no middlemen is one way to do this.
Continue reading 8 Reasons Online Sellers Should Consider Importing from China
Sourcing product is the first step of any retail business, maybe you already have a retail business or probably you are first time sellers who is looking to learn more about product sourcing to start your own online selling business, Well you have landed at right place. China sourcing is easy to understand and complex to execute specially at initial stages, but don’t worry, in this series of posts we will cover all aspects of product sourcing from China.
Continue reading Basics of Product Sourcing From China
Ok, You have signed up on eBay, listed your products and are now waiting for flood of sales to come but well either nothing is coming or instead of flood it appears like tap water is flowing. Welcome to sellers world and don’t worry the sales will pick up but now it is time to be smart. Just remember that as like any other endeavor in life the outcome depends upon the amount of hard work you put in. With that being said, here are few of the ideas and tips that will help you to sell more in ebay.
Continue reading Tips to Sell More on eBay
Whether you are sourcing through Alibaba or importing products from any other country, As a seller, one needs to have good understanding of terms and jargon used in international trade. Incoterms, which is short for “international commercial terms,” are used to make international trade easier by helping traders who are in different countries to understand one another. Incoterms were first developed in 1936 and are updated from time to time to conform to current trade practices. Incoterms are trade terms published by the International Chamber of Commerce (ICC) and right now Incoterms 2010 are in effect.
Continue reading Incoterms – International Commerce & Shipping Jargon
Selling online is all the craze these days, be it dropshipping, selling through custom eCommerce store or online marketplaces like Amazon and eBay. A large number of Aussie sellers are already running successful online businesses and in this blog post we will cover up basics of selling on eBay as well as few strategies for achieving success while doing so.
Continue reading How to Sell on eBay Australia
The traditional method of selling and commerce involves buying a large amount of stock from wholesalers and manufacturers, which is kept in warehouses and sold in stores. A customer comes in to store, select the product and buys it.
With the rise of eCommerce and subsequent reduction in shipping times, streamlined fulfillment and hassle-free payment solutions, a new model arose named as dropshipping. Dropshipping is a fulfillment method where a seller doesn’t keep the stock of products it sells. Instead, when a product is sold, the seller purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product. All this is possible because of ease of carrying out transactions online and a fully track-able shipment solution.
Continue reading Basics of Dropshipping