Product Sourcing – Find a product to sell

While it’s possible to purchase items at garage sales, etc. to sell on eBay, if you plan to establish a real business you need to find sources for good selling products. The idea of course is to purchase at a low wholesale price so you can sell at a higher retail price. Most wholesales don’t work with small home based businesses, which is the advantage of working with a drop ship/wholesaler like World Wide Brands.

There are many methods for product sourcing including:

• drop shipping – you get a smaller profit margin but it’s a great way to start
• light bulk wholesaling – some wholesalers can have a large minimum order requirement. Light bulk wholesalers have a lower minimum order requirement that helps you build your business.
• overstocks and liquidations – these can be a great resource but it’s not a renewable source. Once the items are gone they are usually gone for good.
• importing – prices may be cheaper importing from overseas, but the fees associated with getting the products to you can be very expensive.