Tag Archives | Reselling basics

The Importance of Price Per Item

jeff-sheldon-9SyOKYrq-rE-unsplash

If you’ve ever looked at a BULQ Lot, you’ve probably noticed a few different details; the total price, category, maybe the number of items in the box. But, have you ever considered how a Lot’s price per item could potentially affect your bottom line?  Price per item is a breakout of the average cost you pay for each item in a Lot. This is calculated by dividing a Lot’s total price (how much you’re paying for it + shipping costs […]

Posted in Inventory Sourcing Continue Reading...

Delabeling Items for Resale: What You Need to Know

Green shirts hanging on a clothing rack

Ever come across a shirt with the inside label crossed out? Or see an item with the UPC blacked over? Delabeling, also referred to as defacing, is a process that some retailers require when selling their goods on the secondary market. For resellers, this merchandise can present a fantastic return on investment, as it’s often from well-known or high-end brands. However, it’s important to understand retailers’ policies when sourcing this type of inventory. Here are a few things to know […]

Posted in Business Operations, Reselling Basics Continue Reading...

What it Costs to Sell on 5 Online Marketplaces

neonbrand-JW6r_0CPYec-unsplash

eBay. Amazon. Poshmark. Mercari. Facebook Marketplace. When it comes to deciding where to sell, the possibilities seem almost endless. Naturally, you might want to choose based on which are easiest to use or have shoppers likely to buy your products. But, there’s another factor that can play an even bigger role in making or breaking the bank– online selling fees. Present on nearly every online selling platform, seller fees are what channels such as eBay and Amazon charge users to […]

Posted in Reselling Basics Continue Reading...

The New and Improved BULQ Mobile App

mobile

Love the BULQ mobile app? You’re about to love it even more!  Based on our community’s feedback, we’ve rolled out a redesigned mobile app homepage to further improve your sourcing experience. These features are ONLY available on the latest version, so update or download your BULQ mobile app now, available for both iOSand Android devices.   Have your updated app handy? Here’s a quick tour of what’s new.         Browse by Category No need to apply category filters […]

Posted in BULQ News & Updates Continue Reading...

Five Common Assumptions About Shipping on eBay

Five Common Assumptions about Shipping on eBay

Updated March 13, 2020 For newer sellers, shipping on eBay can seem a bit intimidating. So, we reached out to the experts on eBay’s shipping team to find out what’s troubling those who are new to the game. What did we find out? Five of the most common assumptions are easily rectified with a little more information. So, we’re here to clear up confusion and bust the following myths: 1. It’s hard to calculate shipping costs. It’s hard if you’re not […]

Posted in Business Operations Continue Reading...

Reselling Tips from a Poshmark Pro

Bella, a Poshmark Pro, and her Poshmark tips

Hi resellers! My name is Bella, and I’ve been using Poshmark, an online clothing and home goods reselling platform, for about three years now. What started as a way for me to clean out my unwanted clothes has now become an exciting opportunity to make extra cash and feel good while doing so! About a year and a half into my Poshmark career, I became a Posh Ambassador, which is a fancy way of saying I hit a threshold that […]

Posted in Reselling Basics Continue Reading...

eBay Open 2019 – Our Top Takeaways

eBay Open 2019 - Will

Last week, members of the BULQ team attended eBay Open 2019 to meet with resellers and see what the future of eBay has in store. Whether we saw you at the BULQ booth (thanks for coming by!) or you were unable to make the event, read on for highlights from the year’s biggest “sellerbration.” BIG Announcements As usual, this year’s main general session was chock full of platform updates and other seller surprises. Here are a few highlights: Managed Delivery […]

Posted in Industry Trends Continue Reading...

How to Become an Online Reseller

Selling items online entrepreneur

Whether you’re looking for a new way to make money on the side or are dreaming of starting your own business, you have something in common with a lot of successful entrepreneurs. Forget what you think you know about entrepreneurs— not all of them have launched giant software companies like Apple or Microsoft. In fact, many have built and scaled businesses right out of their homes by reselling products for profit. What is reselling? The process of reselling is simple: You find desirable items for a great price, buy them, then sell them to someone else. When you buy low and sell […]

Posted in Reselling Basics Continue Reading...

6 Tips for First-Time BULQ Buyers

Person putting a BULQ case on a table

Getting ready to make your first BULQ® purchase? We’re here to help! Check out these 6 tips to make the most of your first BULQ buy. 1. Start Small  While it can be tempting to make a large purchase, veteran BULQ buyers suggest starting small with the purchase of a single case to familiarize yourself with the inventory and buying process. BULQ cases measure approximately 24”x20”x23”, weigh less than 60lbs, and ship UPS ground for a flat rate of $30  […]

Posted in Reselling Basics, Seller Growth Continue Reading...

How Your Family Can Help Your Reselling Business

A reseller unboxing, part of a business the family can do together

\Need help unboxing and organizing inventory? How about a family activity for weekends and holiday breaks? Consider making reselling a family affair! From children to parents to spouses, there’s a part of the process that everyone can help with. If you’re ready to start a business your family can do together but aren’t sure where to start, here are a few easy ways to get them in on the reselling fun.   Sourcing Inventory Whether you’ve found your niche or […]

Posted in Business Operations, Reselling Basics Continue Reading...