Tag Archives | eBay

4 Reasons to Source Smaller: BULQ Wholesale Cases

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The BULQ team has spent a significant amount of time meeting and listening to entrepreneurs in the reseller community and know that there are a lot of resellers who prefer to process a smaller amount of inventory than what is typically sourced at the pallet- or truckload-level. BULQ cases, which are smaller wholesale lots, are a great gateway into sourcing liquidation goods. They are shipped in reusable boxes and will get to you faster, allowing you to turn around inventory and […]

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What’s the Deal with Private Labeling?

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There’s no “one right way” to run a successful reselling business—everyone has their own methods for finding merchandise, and they prefer different marketplaces. At its core, many resellers have similar business models: they buy returned and excess inventory from vendors or wholesalers to resell at a discount online. But some resellers actually sell merchandise as part of their own brand. In this type of business, resellers will purchase a larger amount of inventory from a manufacturer which they can sell on […]

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eBay Seller Groups to Join for Useful Tips and Support

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Many resellers are one person operations, known commonly in the business world as solopreneurs. They’re folks who are both the leader and labor force of a small business. For resellers, that labor includes sourcing, processing, selling and fulfilling products, both online and off. Though the work is challenging, being self-reliant can be very rewarding. Still, being a solopreneur doesn’t mean you have to go it alone. Particularly when selling on eBay, seller forums can act as both informational resources and […]

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eBay Selling Tips: 5 Ways to Calculate Your Profitability

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As a reseller, your primary goal is to make money. With that in mind, it’s important to understand the variety of factors that can impact your profitability. Anything from customer demand and competitor pricing, to shipping costs or general economic ebbs and flows can have an effect on your business.  Planning ahead and adjusting expenses is key for protecting yourself and your business from these factors. Below are five eBay selling tips to consider when calculating your profitability: Determine Upfront Expenses […]

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Hidden Reseller Costs: Sourcing Edition

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Whether you’re a first-time reseller or a seasoned veteran, you know there are two important ratios to think of in this business: risk v.s. reward, and time v.s. money. The key is finding a balance between the two, spending your resources in proportion to your returns. Sourcing is one stage of the reselling process where finding this balance can be particularly challenging. Your sourcing strategy is arguably the make-or-break piece of your business, since what you source can leave you […]

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Buying and Selling for Profit: 5 Tools to Save Time (and Money)

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In the buying and selling for profit business, you are constantly balancing the time and money equation. It can be challenging, since input doesn’t always match output. Just because you spent three hours sourcing doesn’t mean you necessarily have valuable merchandise to show for it. Sometimes, you may spend no time at all and find yourself with a gold mine. Admittedly, simply stumbling upon high-grossing product is rare—and it’s definitely not something you can count on. So instead, your goal is […]

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5 Tips for Building Your Reselling Business’s Brand

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Today, retailers and consumers have a very different relationship than they did a decade ago. With the advent of social media and e-commerce, buyers and sellers interact more closely than ever before. Although retailers can certainly benefit from the strong sense of customer loyalty, it requires a lot of work to maintain the relationship—providing free shipping, excellent customer service, and quality merchandise are a must. Owners of a reselling business have to play by these same rules. That is especially true if […]

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