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How to Make Money Selling on eBay - How to Use Closeout and Liquidation Suppliers

Do you want to know how to make money selling on eBay? One of the ways that helps is to purchase products from closeout and liquidation suppliers. These companies offer a great opportunity to lower the cost of goods on the items that you purchase. The adage regarding buyer beware does apply however.

Closeout and liquidation companies buy overstock, shelf pull, damaged, packaging change, customer return and other merchandise that retailers no longer wish to sell in their own stores. The retailer sells this merchandise in large quantities at deep discounts. Those who know how to make money selling on eBay know that this merchandise can be made available for them to purchase at pennies on the wholesale dollar.

The condition of the merchandise ranges greatly. It may be new merchandise with something as simple as a change in seasonal merchandise. It might also be damaged merchandise that was manufactured incorrectly and is not in working or usable condition.

Those who know how to make money selling on eBay know that purchases of this merchandise must be made with care. While there are many golden opportunities available when dealing with closeout and liquidation companies there are also some real land mines. In many cases merchandise does not work and lacks any real value on the eBay marketplace.

By getting a clear description of the merchandise the condition is clearer. It is also important that the eBay seller know that the closeout and liquidation company can be trusted to accurately represent the condition of the products. Since most of these companies have an ĎALL SALES ARE FINALí policy being able to trust the company is key. What can a seller do with a semi load of defective and non-working items? Not much other than chalk the experience up to learning. Those who know how to make money selling on eBay know that the learning here is expensive indeed!

Do you know how to make money selling on eBay? One way is to purchase products at pennies on the dollar. That can be done by purchasing from closeout and liquidation companies. Beware if you choose this means of buying products. While there is a huge opportunity to make much more profit there is also the risk that the merchandise cannot be sold. Move forward carefully!

To your eBay success!

To read my free e-report Go Here! Bob Hamilton is an entrepreneur, writer and consultant. Bob sold his brick and mortor store to sell on eBay and has been helping others to get started on eBay ever since. http://www.openingadollarstore.com

Source: www.articlecity.com