period of time, the products are usually in mint condition.
Most refurbished items look brand new and some are overstock, damaged
packaging, open box etc, but are marked refurbished and come with shorter
Selling refurbished products is in more ways than not more profitable than
selling new or used products. Refurbished products have many advantages and
a few disadvantages;
Refurbished products advantages:
]Refurbished products are much cheaper than new products, even though
they come with warranties, boxes and everything else new products come
with (including the smell). Refurbished products are just like new
products but cheaper, many people that buy refurbs can't tell the
difference between refurbished products and new ones.
]Selling refurbished products is more profitable, even though refurbished
products cost much less than new products. On eBay refurbished products
can sell for the same prices as new ones. If you sell refurbished products,
you can sell them for 50% off the MSRP and still make a big profit!
]Refurbished products are sometimes new! When you buy a lot of
refurbished products they might actually be overstock items or factory
overruns. In that case you would be buying new products at a fraction of
Refurbished products disadvantages:
\Refurbished is not NEW, even though refurbished products can be exactly
the same as new ones, people simply want new stuff. That's why so much
stuff has big yellow NEW stickers on it.
\Refurbished products are sometimes last year's models. With products like
watches it won't matter, but if you are selling computers or electronics it
might bring the selling prices down.
Refurbished products can be very profitable, even more profitable than new
products. The fact that refurbs come with guaranties and boxes makes them as
good as new but much cheaper.
Here are a few examples of websites that sell refurbished products:
You can see that the prices are extremely low, but remember this website makes
a nice big profit off of each product. Imagine how cheap these products can be
had if you buy bulk directly from the supplier!
Also has very cheap products, they also provide drop-shipping for eBay sellers.
But I do NOT recommend using them as a supplier, everyone seems to use them
and there is way too much competition if you choose to sell their stuff.
Sells mainly new watches and knives, but also sells refurbished products. This is
a great supplier if you want to start selling watches. Their refurbished products
are very cheap and sell well on eBay.
By visiting the websites above you can see how cheap refurbished products are!
If you are thinking of making one of the above websites your supplier:
don't just buy from them, contact them first and try to get a discount. Most of
these websites are run by people that are interested and open to new things, so
try and work out some sort of bulk discount deal.
There are thousands of similar websites on the internet and most wholesale lists
are made up of them. The thing about these websites is they sell to the end user,
they are not actual suppliers and their prices are much higher than a real
That still doesn't mean you can't make any profits, just remember to contact the
company first and try to work out a bulk discount.
Before I give you all the website addresses and places to get products, here are
some rules to go by and mistakes to avoid when buying products and looking for
Make Money When You Buy
MAKE MONEY WHEN YOU BUY, this is HUGE! I hear many people
tossing the term around carelessly, not really knowing what it means. First of all,
you can't make money if you are buying something for your own personal use.
You can only save money. You can only make money when you buy if you are
buying something for the purpose of reselling it. So how is it that someone can
make money when buying something?
Let's say you are about to buy 100 sweaters from a supplier: $10 per sweater,
which equals to $1,000 for 100 sweaters.
Let's say the sweaters can be sold on eBay for $15 each, it would look something
Bought for: $1,000
Sold for: $1,500
Now let's make some money when we buy! Before buying the 100 sweaters for
$1,000, why don't you try and get the price down a little, maybe to $9 per
sweater. It will only take a few minutes, sometimes just asking will be enough
and sometimes you might need to haggle for a half hour.
Anyways, let's say you succeed in getting a better deal. You buy the hundred
sweaters for $9 each and sell them for $15 each:
Bought for; $900
Sold for; $1,500
Look at that, you made $100 dollars extra in profit just because you decided to
make some money when you buy as well as when you sell. What? It's to much
bother? You don't want to spend half an hour trying to get $1 of every shirt? If
you are actually saying those words, what you are really saying is "its to much
bother to make $100 in a half hour" and "I don't want to make $100 in a half
Making money when you buy is a way to increase your profits without
raising your prices. Why everyone doesn't do this is a mystery to me. In the
example I provided, you learned how you can make $100 when buying a
wholesale lot. If you are planning to be a PowerSeller, you will be making a lot
more than a $100.
If you are a PowerSeller, you may be selling 500 sweaters per month. In the
previous example, you were able to make an extra $100 of profit for 100
sweaters sold. If you sell 500 sweaters per month, which means you will be
making an extra $500 per month just because you haggled for a half hour, an
extra $500 per month, $6000 per year....all in a half an hour....don't you think its
ALWAYS ORDER SAMPLES if you don't have a chance to inspect and see the
products you are ordering in person. Many people that are starting out on eBay
make the mistake of placing a big order before actually seeing what they are
By ordering samples you will be able to not only see the quality of the products
you are ordering but the service, communication and legitimacy of the company
you are ordering from.
There are way too many scammers out there, especially on the internet. Some
websites may have clear pictures of the products they are selling, don't make the
mistake of assuming that the pictures on their website are actual pictures of the
products you are ordering.
If you are thinking of selling designer clothing on eBay, be extra careful when
ordering your supplies from the internet. There is way too much fake
(counterfeit) clothing being sold on the internet. Remember the pictures on the
supplier's website may look real, but that doesn't mean they will be sending you
what's in the picture.
Once again, order samples! If you don't you are begging to get ripped off. If the
person you are buying from won't allow you to order a sample, simply stop
communicating with that person before they have the chance to take advantage
Some "suppliers" actually have the nerve to have $5,000 - $10,000 minimum
order quantities and not allow their future customers to order samples. But that's
not all; a lot of these idiots will also want you to pay by wire-transfer!
So please, if you find a great deal but the "supplier" won't allow any sample
orders and wants you to pay through an untraceable method, do NOT continue
to communicate with the idiot. People like that are simply looking to rip others
off and a lot of these sorry losers have their local authorities looking for them.
Now here are some B2B websites and other places where you can find stuff to
I recommend you try this before you try anything else. This is the best way to find
suppliers in your area and you can do it over the internet! This website will find
you suppliers in your area, give you their addresses and phone #'s and even
shows you where they are located on a map.
When searching try key words like overstock, closeout, liquidation, salvage,
auction, surplus, refurbished, refurb, wholesale, supplier and other similar
Below is a small list of website directories that are full of suppliers from all over
the world. Using the websites bellow you will be able to find suppliers for
hundreds of thousands of products. These are the websites that wholesale-list
sellers get all their information from, now you will have the ability to access that
information anytime you want for free.
Some Good Supplier Sources
Once again, try this first. Remember; a good supplier close to home is better than
a great one far away.
Yellow pages is what 4 out of every 10 PowerSellers I interviewed use to find
suppliers. This is a very underrated and overlooked website, the reason you
should use yellow pages is because it will find suppliers in your city (why look in
India when you can get it in your city?).
To use this website properly simply type in "wholesale" into the search box and
you will be given a bunch of subdirectories, it's amazing how many suppliers
there are right under your nose!
Suppliers from all over the world.
Another web directory, all the suppliers are
legitimate businesses and a lot of them are the actual manufacturers of the
products they sell.
Suppliers and manufacturers from China, similar to ec21, very good.
This website is not as good as the ones listed above but is still 100 times better
than a wholesale list
The google directory is also a good place to find links to suppler websites
Toy wholesale directory.
Flea market guide.
Another supplier directory, not as easy to use as alibaba or ec21 but worth a look
A small directory, has links to wholesalers and drop shippers.
A USA wholesale directory.
In case you can't decide what it is you want to sell; you can go to Andale and
type your choices into their price finder tool. This tool lets you see the average
selling price the item(s) you want to sell go for on eBay and tells you if the
product is "HOT" or not. Andale also has a supplier search tool.
Now you have to get out there and look for suppliers until you find one. It's easy
to make money on eBay but finding a supplier is one of the hardest steps. The
sooner you get this out of the way the sooner you will start making money and
having fun. Finding a supplier is something you only have to do once in a great
while so don't get all depressed when you are having a hard time finding the stuff
you want to sell; not everything to do with eBay is frustrating.