
Reselling is one method of making money at home with your computer. An online reseller purchases items and resells them via a website to make a profit. The Internet allows you to sell to customers without the expense of a brick and mortar building.
You don't even have to set up your own e-commerce website if you create an account with an existing auction website
- Determine the structure of your business. Decide if you wish to buy products from other people online or offline, or if you would rather buy directly from manufacturers. Drop ship companies will ship inventory directly to your customers, if you wish to avoid handling the inventory. Choose which products you wish to sell. You could have a specialty, such as cosmetics, maternity clothes or high-end antique furniture. If you specialize in a particular type of item, contact manufacturers or collector's clubs to look for items to resell online.
- Create an account at an auction website such as eBay or create your own e-commerce website. If you create your own website, some companies such as Yahoo offer tools to build an online marketplace. Add a shopping cart to the website and a way for customers to pay you. If you create an account at an existing auction website, review that website's rules carefully before conducting any transactions.
- Research the current market value of the products you plan to purchase. Check other vendor websites or collector's guides, depending on your product, to get a sense of what customers might pay for these items. Purchase the products below the market value. If you buy directly from a manufacturer, you could receive a wholesale discount price.
- Post the products available for sale on your website or on your auction website account. Set the price at a figure higher than what you paid for the items to make a profit.
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The great thing is you don’t need to have any idea. If any of your customer ask questions, you can easily pass it to other. Have you ever thought of reselling add some money in your pocket? If you have not tried it yet, why don’t you give it a shot and let us know how was your experience?
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