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Where to buy cheap goods that can be resold profitably |
In a free market, there are tons of ways to make money effortlessly. Buy cheaper and sell more expensive, and put the difference in your pocket - what could be easier? What goods to buy for a profitable resale, where to buy and resell them, how not to stay in the red - we'll talk in this article.
What you need to know for this businessThe history of resale starts from the moment people learn to trade. If at the dawn of centuries the services of intermediaries were not very much in demand, then with the development of civilization the chain of intermediate links between the manufacturer and the final consumer became longer and longer. Modern man buys a lot of goods from all over the world - most of them have come a long way and have significantly added in value in the process of their resale. Before starting this small business, many are wondering what goods can be resold profitably in order to earn a lot? Keep in mind that resale is a delicate matter: in order not to be in the red, you need to clearly understand the difference between the purchase price and the sale price, as well as the quantity and speed of sales of this category of goods. It makes sense to resell items with a high margin, low overhead, and fast turnover. In order to make money on resale, you need to understand all the intricacies of the market, know about your competitors and understand what price is acceptable. Before starting this business, carefully study and analyze all these indicators. Where can I resell goodsThe easiest way is to resell through message boards. You buy a certain product, and then resell it in your city through Avito or other free message boards. How much you can earn on this depends on the demand for the product, as well as on the ratio of the purchase price and the average selling price of this product in your city. For example, you can buy cheap goods for children, phone cases on Ali Express, and then sell them 2-3 times more expensive. For some categories of goods, the mark-up can be 100-500%. It is important to understand whether there is a demand for this product and what price people are willing to pay for it. To do this, it is enough to test the demand by placing an ad before purchasing the product. The advantages of this method include the fact that you do not need to register a company or become an individual entrepreneur, pay taxes, etc. A difficult way for advanced businessmen is to resell on the website / in the online store. You can make a simple one-page website yourself or order one from a freelancer. You can also create your own store or resell on existing large sites:
Selling through websites is suitable for those who want to build a serious business on the resale of goods, and not just sell something one-time. It is clear that this will not do without associated costs, including advertising costs. These are the most popular ways to sell products online. Of course, no one can prevent you from acting the old fashioned way: renting a place in a store or in the market, or even walking from door to door offering your goods. But in the twenty-first century, it makes sense to trade online - it is much easier and more profitable for any seller. Where to buy goods for resaleSo we come to the most important question - where to buy goods for resale? It cannot be answered unequivocally: it is one thing if you want to sell purebred puppies, and quite another - if you decide to sell computers. If you are planning to purchase goods from abroad, the first step is to select a country. The undisputed leader in almost all directions is China - there you can buy cheap clothes, equipment, and a million other goods. Resale of goods from China is gaining momentum more and more. But for branded clothes, it makes sense to go to France or Italy. If you do not have the opportunity to personally fly for the goods, you can order online with delivery to the desired city. Ebay - On this largest site you can buy or sell electronics and more. It is possible to sell at a fixed price and put lots up for auction. Aliexpress - sellers from Russia can now register on the largest platform for Chinese goods. True, for this you need to be a legal entity and conclude a contract with an intermediary - the PickPoint company. It is not necessary to order the product from the manufacturer. If you plan to sell a product on Avito and other message boards, it may be enough to order it on Aliexpress - provided that you are satisfied with the price offered there. In rare cases, you can purchase a suitable product even from friends, neighbors, colleagues, etc. How can you resell servicesResale of blogs, sites, articles, videos. The essence of this method is that you are looking for a webmaster who will do some work for you cheaply, and you will resell it at twice the price to other people, acting as an intermediary. But here we must take into account that most people are not looking for a ready-made website / blog / article / video, but order them “from scratch” according to their requirements. Therefore, it is more logical to take a specific order and give it to the contractor at a cheaper price than the customer pays. Video marketers often do this - they look for clients for a video, advertise, find a customer and negotiate with him, and give all the technical work to a freelancer. Neither the customer nor the final contractor in this scheme knows each other - they only deal with an intermediary. The functions of the intermediary can be reduced to communicating with the customer and the performer / performers, or he can do some part of the work (for example, write a script for a video). Resale of other people's services. Another way is to resell someone else's services; it is very close to the previous one. The difference lies in the fact that it is easier to earn money here, and your work is not limited to writing test tasks. You can create a website and offer certain services on it, getting your percentage for this. This can be the services of a company for the release from the army, a company for the search for domestic personnel: housekeepers, nannies, gardeners, and so on. Another option is to simply run PPC or social media ads. Many people, even being professionals in their field, do not know how and do not like to “sell themselves”, and they gladly shift the sale of their services onto other people's shoulders. Watch the video life hack from Andrey Merkulov on this topic: What goods can be resold to earn Below are all types of goods that you can earn by reselling.
This is not a complete list of products that you can make money by reselling. You can trade anything, even greyhound puppies (literally and figuratively), as long as there is demand for it, as well as the difference between the purchase price and the resale price that is acceptable to you. If you want to do a resale, there are a few important rules to follow.
Resale of goods and services can be quite a lucrative business if you get down to business wisely, carefully analyze the market and choose the right niche. If you want to know more about the best ways to make money on the Internet - you are here: 50 best ways to make money online |
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