If you are new to selling on bulk wholesale clothing on
eBay, here are a few quick tips to get your started:
Start by doing a little research on what sells best on eBay.
So many sellers are afraid of the words “market research” because they think
it’s difficult and time consuming. The truth is, while it can take time,
without it, you can easily fall into the same situation that so many other
sellers who avoid this crucial step.
When you include market research in your preliminary
planning, you are giving yourself a huge advantage over your competitors.
How to perform market
research on eBay.
One of the best things you can do is search through eBay’s
completed listings. This is one of the best ways you can research selling bulk
wholesale clothing. Start by clicking ‘Advanced search’ which is located next
to the search field on pretty much any eBay page. Then enter keywords
describing the clothing items you are looking at selling. For example, if I
want to sell True Religion jeans, I would enter this as my search term.
Then
scroll down to the option ‘Completed Listings’ and check the box next to it.
This tells eBay that you only want to view results of listings that have
already ended.
When the results are generated, you should see the prices of
the sold items represented in both green and red. Using this color code, you
can see which items sold (prices shown in green) and which listings ended
without being sold (shown in red).
Go through the results and count up the number of red
results and the number of green, and compare them. If there are more green
results than red, you are onto a good thing! If not, try searching for
something else. I look for items that have sold 60% of the time. This is a good
benchmark to work with when you are selling bulk wholesale clothing. I
recommend that you go through as many pages of results as you can to get a more
accurate idea of how well the item sells. Some items may only show you 100
results, whereas other items such as bulk wholesale clothing items might give
you say 5000.
You don’t need to go through all 5000 results and count up
the results, but I would recommend trying to gather data from at least 200
listings.
Finding a wholesale
clothing supplier
When you have decided what to sell, it’s time to find a bulk
wholesale clothing supplier. For many sellers, this can be a daunting task, as
there are so many different ones to choose from. I’ve dealt with my fair share
of supplier over the years. Some worked out great, while others turned out to
be a disaster! So to help you avoiding some of my pitfalls, here are a couple
of things to look out for when finding a new supplier:
Avoid suppliers of fakes. This is really important. Back in
my rookie days, I thought it would be a great idea to fool my buyers into
thinking that the “Gucci” sunglasses I was selling were made by he, himself,
Paolo Gucci. Unfortunately, I didn’t get a chance to sell even one pair,
because the minute they arrived in the country, they were seized by Customs.
Leaving me $500 out of pocket!
Another of my mistakes that you can learn from is not using
safe payment options. I was ordering a bulk lot of stuffed wild animals, and
dealing with a new supplier that I found through a Google search. After
emailing my order through, the supplier insisted that I pay via Western Union. What I didn’t know at the time is that Western Union is one of the most unsafe payment methods
available!
When I received my order, many of the stuffed animals were
damaged (some had no eyes which made them look very creepy!). I contacted the
supplier, but he didn’t want to hear about it. When I requested a refund
several times, he ignored me.
If I had paid by credit card, I could have requested that my
bank perform a chargeback, which would get me all my money back.
I hope you can learn from my amateur mistakes!
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