Getting Around Minimum Order Quantities (Part 3)

Now again, I must say you do not have to sell what you are interested but I and
more importantly a lot of powersellers recommend it.
Beckertime sells expensive watches, so even though he doesn’t have as many
transactions as other powersellers, he still sells over $500,000 worth of products
on eBay per month. Many of the items he lists for auction sell for over $6,000, so
he has a lot less transactions than other sellers but each transaction is worth a lot
more.
That brings us to our next topic: few expensive items VS lots of cheap
items
What are you going to sell lots of cheap items, few expensive ones or something
in between? To help you decide I will go over the disadvantages and advantages
of each. I will also tell you where and how to get the stuff you want to sell.
Expensive products advantages:
• If you sell expensive products you will make more money with less work.
That is the biggest and most obvious advantage of selling high ticket items.
You do not need a hundred sales a day, all you will need is a few and you
have made your money. The fewer items you sell the less work you have to
do.
• You don’t need to answer hundreds of emails, pack hundreds of items and
ship hundreds of items. Less work more money, selling expensive
products is great.
• When you sell expensive items you have less competition. High ticket
items are much harder to find than average and low priced ones. So
naturally most people simply sell stuff that is easy to find, cheap stuff. If
you are going to sell things like computers, plasma TV’s or Rolex watches
you don’t need to worry about a ton of competition because most people
are lazy and wont bother investing their time, effort and money looking for
a supplier.
Expensive products disadvantages:
• Expensive products can be a lot harder to find than cheap ones. If you
want to sell Rolex watches, you won’t be able to find a supplier by simply
typing “Rolex wholesaler” into a search engine.
• Expensive items are expensive! If you want to sell high ticket items you
will need to invest some money and I don’t mean $100. Or you can always
use OPM!
• The disadvantages above are really advantages in disguise because the
people who are willing to work and invest money into their business in the
beginning are the ones that are going to be rewarded the most. Not
everyone wants to actually work. Most people want to simply list auctions
and have the product drop shipped to their costumes. Those who put in
some work and money will be greatly rewarded.