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Net Auctions and Auction Information |
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Importing Products to Sell on eBay
The interesting thing about online buyers is they are extremely price sensitive. A survey done by Forrester Research shows that 73 percent of surveyed online buyers expect prices on the Internet to be cheaper than in stores. No wonder auction marketplaces are thriving. Among the most popular auction marketplaces growth of eBay is especially notable! Its market share is growing at roughly twice the pace of the over all market. So, it's only natural if you like many other wannabe entrepreneurs thinking seriously to start an eBay business. Say, after spending long hours on the eBay and doing much research offline and online, you finally have come up with a niche category of products to sell. But, there is one little problem! You don't have a slightest clue where to get regular supply of this product for wholesale price. Often, entrepreneurs with great product ideas fail to materialize their dream business plan just because they are unable to find a right supplier. How to tackle this problem? Finding a local supplier Success in any trading business depends not only on how good you are in selling, it also relies greatly on your ability to source the product at right cost. If you have a fairly large list of products that you are considering to work with you have a variety of options to choose from. You may start your eBay auctioning business based on local liquidators, closeout dealers, government auctions, newspaper classified or Drop-shippers (http://ezine.rusbiz.com/article/39). But to start a real niche business you need to find a constant source supplier, which could be a manufacturer, a distributor or a wholesaler. Obviously, Internet is the easiest place to get the initial contact information. Try http://www.thomasnet.com/ or http://www.tgrnet.com/ - both websites are good information sources for industrial products manufacturers. Bear in mind that many manufacturers simply aren't able to handle small orders and don't sell products directly to retailers. Some times, the minimum sales lot is way too big for a small start-up company to manage. However, even if the manufacturer does not sell directly to retail levels, they will provide you with information on their products and refer you to their wholesaler or distributor companies, which will be in a position to cater your needs. For some category of products, your best option is to attend trade or industry shows in order to locate a supplier. Check out websites of some exhibition centers in your vicinity and find one or two trade shows of your area of interest. Make sure that participants of the trade show are distributors and wholesalers as oppose to large manufacturers. After all, you need to find a supplier who will agree to work with your initial small orders. Trade journals or publications of your related field also could be a great source in your quest to find a supplier. Trade journals publish information on industry trend, articles on major players, various industry related event schedules such as trade shows, and often carry classified sections. Sometimes, they also publish specialty issues such as a buyer's guide or a who's who issue. You may consider getting those issues by contacting the publishers. Professional and trade associations similar to local chamber of commerce and other groups offer a variety of services, which are extremely useful to members and general people a like. Promotion of the industry and its products and referral services for buyers trying to find specific products are some of the services that they offer. You should not hesitate to contact these organizations for help. Importing Competition in world's largest electronic marketplace is fierce! If you have to buy products from a middleman, you may find that your prices are not workable at all. What to do? Since most of the consumers products are imported any way, you may consider outsourcing your product from a foreign country. Today, thanks to globalization importing products are no longer as difficult as it used to be! If you are trying to buy a labor-intensive product, the best places are probably China - which is the hottest at this time, India, Thailand, Vietnam, Bangladesh and some other Asian countries. If you are looking for medium quality electronics and computer parts, your options are China, Taiwan, Korea, Singapore, etc. For high-end designer products Italy, Germany and France are your best bet. For intellectual property related products, Russia and other Eastern European countries are still a paradise. There is a good chance of finding a supplier through online B2B portals. If you are looking for a supplier from China you may try www.alibaba.com and www.globalsources.com. Two of the largest trade leads aggregators on the Internet. For products from India you may try searching the database of both www.indiamart.com and www.trade-india.com. For products from Russia and other CIS countries www.rusbiz.com is a great option. Here are the steps you must take in order to import products successfully: ? Locate several suppliers either through online resources or by contacting Trade Commissions of respective countries. ? Contact the suppliers and see if they are in a position to deliver the right product. Make sure that the suppliers are not your direct competitors. Many foreign suppliers are actively selling products through eBay. ? If you find their price and quality of the product are acceptable get several samples. It is very important to give them an exact copy of the product you are looking for. Without a prototype you might end up getting something far different than you expected. ? Work out your cost, which include buying cost, packaging, shipping, insurance, customs duty, excise duty if any, financing and handling charges, etc. You may also incur other expenses depending on products and your location. ? Check out your supplier. If possible make a trip to visit the supplier. Ask for references. Contact their bankers if necessary. Importing requires absolute due diligence. ? Check with a logistics consultant about shipping and exporting rules of the country. ? Contact a customs broker to verify latest duty and other regulations related to importing of this particular product. ? Don't forget to consider product life cycle, shipping time, seasonality of the product and other characteristics specific to your product. Importantly, do your homework! You can sure make money by importing and selling goods on eBay. Thousands are already doing this. But, the key to success relies on your entrepreneurial spirit, due preparation, sound judgment and hard work. If you think you are ready, go for it! Nowshade Kabir, is the founder, primary developer and present CEO of Rusbiz.com - a Global B2B Exchange with solutions to create e-catalog, Web store, business process management and other features to run a business online. You can read various articles written by Nowshade Kabir at http://ezine.rusbiz.com.
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Lou Gehrig's game-worn hat expected to fetch $200,000 at auction New York Post A host of Yankees legend Lou Gehrig's personal memorabilia is up for auction, with a game-worn hat in impeccable condition valued at $200000 as the ... Luxury Real-Estate Firm Concierge Auctions Fights Allegations of Fraudulent Bids Wall Street Journal In the competitive world of luxury real estate, Concierge Auctions is the dominant force in the rapidly growing business of selling pricey properties to the highest ... North Carroll: Annual auction for Boy Scout Troop 380 set for March 2 Carroll County Times Boy Scout Troop 380 is holding its annual auction to raise money toward supporting the troop and its events. The auction will be run from 9 a.m. until 5 p.m. ... Durgin-Park memorabilia is on the auction block The Boston Globe After Durgin-Park closed on Jan. 12, one of the most common refrains uttered among locals seemed to be, “I wish I had gone.” The 192-year-old restaurant was ... Auction House Sales Break Records Forbes Wine sales at major auction houses across the globe hit record highs in 2018, according to Sotheby's, the international auction house with outposts around the ... Auction of Treasury bills RIKV 19 0618 Iceland Stock Exchange:RIK GlobeNewswire On Friday, 22 February at 11:00 a.m. Government Debt Management will conduct an auction of Treasury bills RIKV 19 0618 which mature on 18 June 2019. Load shedding 'devastates' SA vehicle auctions Wheels24 Load shedding is having a devastating effect on vehicle auctioneers, according to Darryl Jacobson, managing director of True Price. Torrington sells downtown property at tax auction; no bids on 2nd site - Torrington Register Citizen Torrington sells downtown property at tax auction; no bids on 2nd site Torrington Register Citizen TORRINGTON — A sparse crowd attended the city's delinquent tax auction Tuesday, where one of the two properties for sale was purchased. The former ... Highlights from the record-breaking 2019 Retromobile car auctions New Atlas The cluster of elite car auctions associated with Rétromobile grew in strength yet again this year with official auction house Artcurial and the world's largest ... Ferrari Emerges As Top Earner from 2019 Scottsdale Collectible Car Auctions Forbes With another round of January auctions behind us, we can now get a better look at how collector cars are selling and marvel at the prices they command. Auctioneer facing more theft allegations at National Book Auctions ithaca.com Local auctioneer David Hall, who ran two local consignment companies, has been hit with another lawsuit regarding the operation of his National Book Auctions ... Museum of Art auction ends Thursday Daily Commercial LAKELAND — The Polk Museum of Art's annual fundraising online auction ends at 5 p.m. Thursday. Nearly 70 items are being sold to the highest bidder for just ... Brisbane auctions: Buyers hanging out for the houses with nothing to do Domain News In this era of time-poor professionals and busy families, finding a house that requires no work has become a high priority for many Brisbane buyers. Rare Michael Jordan shoe goes from Milwaukee mall demolition site to high-priced auction Milwaukee Journal Sentinel "My Very Best." It's a simple enough message, scrawled on an old athletic shoe that wound up in an abandoned storage room as Capitol Court Mall was being ... Chandler Speedway up for auction TriStateHomepage.com The auction will take place on Wednesday, March 20. Long Chim adds Thai spice to Auction House Market NOLA.com Long Chim began with a craving. After moving to New Orleans, May Mananya couldn't find the food she used to eat in her native Bangkok. So she started ... Visit The Kung Fu Nuns Of Nepal And Other Auction Items At The Hollywood For Science Gala Forbes Buddhist nuns practice Kung Fu at the Amitabha Drukpa Nunnery on the outskirts of KathmanduGetty. Our world is dramatically changing through global ... FEMA auctions surplus trailers stored in Central Texas KWTX The Federal Emergency Management Agency is selling thousands of surplus trailer homes that were shipped to and stored at a Central Texas airport and bids ... KAR Auction Services Inc (KAR) to Issue $0.35 Quarterly Dividend Fairfield Current KAR Auction Services Inc (NYSE:KAR) announced a quarterly dividend on Tuesday, February 19th, RTT News reports. Shareholders of record on Friday, March ... Local News Clark County to hold first surplus auction of the year Amy Abdelsayed 9:55 KTNV Las Vegas LAS VEGAS (KTNV) — Clark County's first government surplus auction of 2019 is just around the corner and the preview and pre-registration begin next week. Germany Awards 476 Megawatts In Latest Undersubscribed Onshore Wind Auction CleanTechnica February 20th, 2019 by Joshua S Hill. Germany's latest onshore wind tender was again undersubscribed with only 476 megawatts (MW) of capacity being ... Vodafone Idea wants 5G auctions only after 2020 ETTelecom.com Vodafone Idea Limited (VIL), India's leading telecom operator said that 5G auction should only take place sometime after 2020. The FCC Just Wrapped Its First 5G Airwave Auction, and It Didn't Even Crack $1 Billion Fortune The first 5G airwave license auction ended with the Federal Communications Commission receiving total winning bids of $702 million. Finders keepers: KCSO selling seized items in online auction WBIR.com The auction company said buyers will find several designer brands for sale including over a thousand watches. Big Changes Expected For The Boulevard Mall If It Goes To Auction wyrk.com The way people shop has completely changed so of course the places where we shop will need to change too. That looks like the case with The Boulevard Mall. Auction Preview: Extraordinary Books and Manuscripts at Bonhams, New York, Mar 12 | Artinfo BLOUIN ARTINFO What: Extraordinary Books and Manuscripts. Where: Bonhams, 580 Madison Avenue, New York NY 10022, USA. When: 12 March, 02.00 EDT. Public Viewing: ... Chocolate auction supports youth programs Valleyjournal ARLEE – Auctioneer JR Strand had never seen a three-way tie for the top honor at the Arlee Chocolate Lover's Festival, but he did this year af... SVN Auction Services awarded contract to support UDOT to meet mandate to sell surplus real property GlobeNewswire SVN Auction Services builds electronic online auction platform to enable the Utah Department of Transportation to accelerate and close sales of surplus real ... Heritage Auctions – Seldom Seen Selections: Rare 2nd Series Bechtler $5 Gold Coin CoinWeek America's first gold rush took place in the Piedmont area of North Carolina and Georgia in the 1820s and '30s. The expanding economy of the region. Auction to benefit Denver Fair EphrataReview.com Photo by Alice Hummer The Auction Committee admires some of the larger items donated for their Feb. 23 event at Denver Fire Company. All proceeds benefit ... Wayne County treasurer breaks tax auction rules The Detroit News Treasurer Eric Sabree's family participates in foreclosure auction in violation of Wayne County rules. Industry Stunned as Mexico Cancels Clean Power Auction Greentech Media News Mexico's renewables sector is reeling from the cancellation of an upcoming clean energy auction and the likely handing of power back to state entities. 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FDM Auction Brings Dance Marathon to 61 Percent of its Goal Fordham Ram This year's Fordham Dance Marathon Auction (FDM), benefitting The Andrew McDonough Be Positive (B+) Foundation, brought the FDM team to 61 percent of ... SCS Winter Auction Packer football | News nwestiowa.com This football signed the 2018 Green Bay Packers will be up for bid during the Sheldon Christian School 2019 Winter Auction on Friday, Feb. 22. Auction Preview: The Amelia Island Auction at Bonhams, Fernandina Beach Golf Club, Mar 7 | Artinfo BLOUIN ARTINFO What: The Amelia Island Auction. Where: Bonhams, Fernandina Beach Golf Club, 3990 Amelia Island Parkway, Fernandina Beach FL 32034. When: Mar 7 ... Feds auction off prized horses of ex-Venezuela treasurer who got rich as socialist country crumbled Fox News As Venezuela's path of socialism was going bust and millions of people were drowning in poverty without access to adequate healthcare or even food, a small ... Arizona auctions sell $251 million worth of classic cars Phoenix Business Journal Arizona's collection of classic car auctions sold $251 million worth of cars during the past week, a total up about 1.2 percent increase from the previous year. Art auction funds scholarship in memory of beloved teacher Big Country Homepage A new scholarship is being organized in memory of beloved Wylie art teacher Stacy Horton Sanchez. You can help fund the scholarship for it's first students at a ... Kure For Kassie Live Auction and Benefit Dinner - ABC 36 News WTVQ Kassie is a 34 year old mother of two who was diagnosed with Stage 3 esophageal cancer on her 34th birthday. It has now metastasized to her brain and has ... Antigua Villa Heading to Auction Caribbean Journal A luxe Antigua villa is headed to auction, Caribbean Journal has learned: the Villa Nonsuch at Antigua's prestigious Nonsuch Bay. Buy Your Sweetheart A $500K Heart-Shaped Meteorite That Could Have Destroyed Siberia This Valentine's Day Fortune Christie's is auctioning off a heart-shaped meteorite that crashed into Siberia's Sikhote-Alin mountains on Valentine's Day. Jourdanton Chamber of Commerce BBQ/Auction Pleasanton Express Once again the The Jourdanton Chamber of Commerce would like to invite everyone to their annual BBQ & Auction that is fast approaching! Mark those ... Realtors' auction set for St. Demetrios | News, Sports, Jobs Warren Tribune Chronicle WABOR FUNDRAISER FOR MISSION: Warren Area Board of Realtors will hold a quarter auction fundraiser 7 p.m. Thursday at St. Demetrios Community Center ... BCSO Hosts Car Auction My Panhandle Those in need of a car were able to get some great deals early Saturday morning. Quora adds search-like keyword targeting, Auction Insights for advertisers Search Engine Land SAN JOSE — Quora continues to rapidly build out features and capabilities of its not-yet-two-year old advertising platform. The question and answer platform ... Auction of inflation-linked Treasury bonds RIKS 26 0216 Iceland Stock Exchange:RIK GlobeNewswire On Thursday, 21 February at 11:00 am, Government Debt Management will conduct an auction of Treasury bonds. In this auction Inflation-linked Treasury Bonds ... Ft. Pierre Livestock Auction report | Markets High Plains Journal The Ft. Pierre Livestock Auction, Ft. Pierre, South Dakota, reported receipts of 5979 head selling Feb. 15, compared to 2569 head a week ago and 5558 head ... Online auction of seized Belgian bitcoin begins next week The Irish Times Wilsons Auctions secures contract to sell 315 coins of cryptocurrency. Gujarat's latest 500 MW solar auction serves up a low tariff pv magazine India Aggressive bidding secures price of Rs2.55 for U.S. company in a procurement exercise whose results are unlikely to see GUVNL throw its toys out of the pram. What you should consider when buying property at auction The South African There are great opportunities for buyers at property auctions, but you need to understand the rules of the game. Auction Preview: Lacquer, Jade, Bronze, Ink: The Irving Collection Day Sale at Christie's, New York, Mar 21 | Artinfo BLOUIN ARTINFO What: Lacquer, Jade, Bronze, Ink: The Irving Collection Day Sale. Where: Christie's; 20 Rockefeller Center. When: March 21; 10.00 am and 02.00 pm. Auction Preview: Furniture and Decorative Art at Dorotheum, Vienna, Mar 11 | Artinfo BLOUIN ARTINFO What: Furniture and Decorative Art. Where: Dorotheum; Dorotheergasse 17, 1010 Wien, Austria. When: March 11; 04.00 pm. Top lots of the sale: - An imposing ... Helm family possessions up for auction Saturday | Local News Elizabethtown News Enterprise An auction Sunday in Lexington will offer artifacts tied to the family of Mary Todd Lincoln, the wife of the 16th president, including items once belonging to a ... George Washington's 'illustrious' hair goes up for auction Fox News A lock of hair from founding father George Washington is set to go up for auction next month and experts believe it could fetch a pretty penny. David Gilmour's guitar collection comes to auction Christie's David Gilmour's 1969 Black Fender Stratocaster has earned its place in rock'n'roll history. Known as 'The Black Strat', the guitar was purchased in 1970 at ... 007 Lots You Can Buy In The Bond & Beyond Auction Forbes Memorabilia associated with James Bond and other vintage action stars hits the auction block on February 7th. A range of material from actual film-used props to ... Auction Preview: Contemporary Art Day Auction at Sotheby's, London, Mar 6 | Artinfo - BLOUIN ARTINFO Auction Preview: Contemporary Art Day Auction at Sotheby's, London, Mar 6 | Artinfo BLOUIN ARTINFO What: Contemporary Art Day Auction. Where: Sotheby's; 1518 Slocum Street, Dallas, TX 75207. When: March 6; 10.30 am GMT. Public Viewing: Fri, 01 Mar 19 ... Clark County auction scheduled for March 2 KLAS-TV Clark County will hold its first government auction of the year on Saturday, March 2. Third annual auction benefits QHS FFA Herald-Whig The third annual Quincy High School FFA auction will take place Thursday, Feb. 21, in the QHS cafeteria. Tax Forfeiture Auction Selling Parcels in St. Louis County FOX 21 Online ST. LOUIS COUNTY – More than 90 properties were featured at the tax forfeited land auction at the Shriner's center in Hermantown. These auctions happen ... High-end homes sell at Scottsdale auction (Video) Phoenix Business Journal Several high-dollar residential real estate properties in the Valley went under the gavel late last week, including a property that once was on the market for $35 ... Three Lotus Carltons are up for sale… at the same auction Top Gear Race Retro sale includes three examples of the iconic super-saloon. Greg Potts. 20 Feb 2019. Facebook · Twitter · Google+ · WhatsApp · Mailto · Copy link. Donald and Melania Trump's 2005 wedding cake favor up for auction Fox News A piece of President Donald and first lady Melania Trump's wedding day could be yours, as a wedding cake favor from the couple's January 2005 nuptials has ... Ford settles lawsuit over $1.8 million supercar auction Fox News Ford and Mecum Auctions have settled a lawsuit over the sale of cars that aren't supposed to be sold. The litigation stemmed from the auction last May of a 2017 ... Greenville city auction offers chance to get cars and sheds for a steal WSPA.com Furniture and tools, police cars and city trucks, even sheds and metal buildings are being auctioned off here in Greenville. Kane Beef Up For Auction Wednesday Drovers Magazine After a private sale of Kane Beef fell through last week, the Corpus Christi beef processor will be sold at auction. County site to go on auction block | Local News Gettysburg Times A former magistrate building in downtown Gettysburg is expected to go up for public auction this spring. LaFayette's last dairy farm to auction off equipment, cattle WSYR Owner Bud Nurse told NewsChannel 9 due to his health and the dairy economy, he has decided to auction off all of his equipment and cattle. Bay County Sheriff's Office holding vehicle surplus auction Saturday WJHG-TV Officials say the vehicles come from places such as the Bay County Sheriff's Office, the Franklin County Sheriff's Office, and the City of Parker. The Golf Auction to present rare, coveted pieces of the PGA REACH collection PGA.com A 1999 PGA Championship flag autographed by Tiger Woods is one of the rare collectibles that is part of the PGA REACH Collection, which will be unveiled for ... Bifacial takes all in Alberta large-scale PV auction, final price cheaper than gas pv magazine International The Albertan Ministry of Infrastructure allocated around 94 MW of solar capacity and the three selected projects, all using bifacial modules, were secured by ... |
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