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12-31-2012, 07:47 PM #1
Any Bulk China Import Wholesale Buyers Here Who Sell Individually? Story Inside
I've noticed that a lot of people are buying bulk (100-1000+) items at wholesale prices from china trough Alibaba (website) and then list them individually on websites until they sell. I wanted to see if anyone has done anything like this and how has your experience been? I know there is a lot of scams, obviously big problem with counter fit, copy, replica, items. But have you ever bought generic items and sell. Any good, bad stories are all appreciated.
A friend of mine, ordered these Pens for .50cent Each + shipping. It came to a cost of $0.75 Cent shipped to his door for each pen. They are nicely packaged, with extra battery etc... The supplier had a minimum quantity order of 5000. So 5000*$0.75 = $3,750 Cost. He has them on ebay for $3.99 + (Free Shipping). Last I talked to him on Wednesday, he was down to his last 700 Pens. I couldn't believe it. When he ordered the pens, I really thought that was $3,700 down the toilet. But I guess people buy any garbage these days. He's made roughly 12,000 after fees in a month on these. He is looking for something else to order and he orders new things every month. $12,000/month * 12 = $144,000/Year
I wanted to take a gamble, with Valentine's day coming up. I was thinking of doing a 2000 teddy bear order at .50cent shipped to my door, and possibly sell them each for $4.99 + free shipping. That should give me enough time to find a supplier, negotiate on price, have them manufacture and send the units to me, hopefully get them by mid January, and start selling them until end of February up to Valentine and a few days after. Has anyone else done something similar? Thoughts...
12-31-2012, 07:50 PM #2
very interesting post, subscribing.....
12-31-2012, 07:55 PM #3
You also have to take into account the process of dealing with problems with buyers, and then shipping them out as well. Even still it seems relatively interesting. Would like to see where this thread goes..1966 Chevelle Malibu- Coming Soon
2007 Infiniti G35 Sedan
12-31-2012, 10:07 PM #4
It's highly profitable, that's why WalMart does it
If the price is right and you find the right product import is highly profitable.
12-31-2012, 10:23 PM #5
Would it work to try selling to independent flower shops too?There are only four sports: bullfighting, motor racing, mountaineering, and troll hunting; all the rest are merely games.
12-31-2012, 10:50 PM #6
12-31-2012, 11:20 PM #7
12-31-2012, 11:55 PM #8
you need to stay small, to keep shipping costs down.
I bought one electrical network tester for myself, and had a lot of people want them. ordered 25, sold at a slight up charge, made money.
Like you mentioned, you gotta stay in the grove of sales.JEEP: The dirtiest of the four-letter words
01-01-2013, 01:54 AM #9
I was making carbon fiber stuff for a very short amount of time. Tried getting chinese to make my stuff and stamp it out. Had a potential huge problem with customs for the one product haha.
Carbon fiber stuff in huge bulk like bicycle parts is insane the margins involved. People are buying in bulk and selling the exact same shit in the us for more because people hate buying from china on ebay with ching-lish write ups.
01-01-2013, 02:33 AM #10
Often thought about doing this myself. Researched a lot into it but the amount of terrible stories of scamming I ended up steering clear. If your friend has had positive dealings with a particular supplier then I be be inclined to use them. As mentioned above however, stick to small items (easy to ship).
Here is a thread I started on LP4 that should help you. 'Buying in Bulk' from Alibaba.com Businesses