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Using Closeouts To Build Your eBay Business

If you are ready to start an eBay business your more than likely trying to decide what to sell. You have many choices, ranging from used clothing lying around the house to brand new products from a local distributor.


While selling used products will give you a high profit margin you will face the challenge of securing a steady flow of merchandise.


You might make money selling your used items, but you will soon run out of what to sell.


The other approach will give you a steady supply of merchandise, but your profit margins will be small. And as more eBay sellers use your supplier your profits will drop. Since more eBay sellers will be selling the same products, the price of the items being sold will drop, further cutting down your profits.


But there is an alternative available for eBay sellers.


eBay sellers can build their online auction businesses by buying and selling closeout merchandise.


Closeout merchandise consists of overstock, going out business, liquidation, and surplus products.


Since the merchandise is sold at pennies on the dollar, it can give eBay sellers a sizable profit margin.


Another advantage of dealing with closeout merchandise is that the quantities are limited. eBay sellers dealing with closeout merchandise will not be faced with thousands of other sellers offering the same products.


And even if there are other eBay sellers buying the same merchandise, the closeout seller has a vast advantage since his cost of merchandise is lower.


How can an eBay seller find closeout merchandise?


There are many closeout businesses which advertise online. Using a simple online search through a wholesale search directory such as http://www.wholesalequest.com can yield thousands of closeout sellers.


Donny Lowy runs http://www.closeoutexplosion.com an online wholesale and closeout business that supplies brand name products to eBay sellers, retailers, and flea market vendors.


Donny can be reached at 718-389-5502.


Source: www.articlesbase.com