Online Auctions and Product Sourcing for Right-Sized, Right-Priced Inventory: eBay Sellers, Craft Fair Vendors, Niche Market Discounters, Flea Marketers
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Loading ...by Marie Marra
eBay PowerSellers, Craft Fair Vendors, Niche Market Discounters and Flea Market Entrepreneurs can now source products at the right price points, and in the right minimum order quantities, from online auction and sale sites.
Advantages of Online Product Sourcing
· Source merchandise for resale at discounted, wholesale pricing;
· Online bid and auction systems that let buyers set minimum and maximum bids and also receive emailed alerts when their max bid is approached by a new competitive bidder for the same listing;
· Levels the merchandise resale playing field by offsetting bigger manufacturer, wholesaler and distributor competition. Online auction and sales sites increasingly offer products across all categories, for purchase at below-wholesale or returned inventory liquidation prices … that can be purchased in smaller lots or No Minimum order sizes.
Online product sourcing can level the field between small-order eBay sellers, and buyers further up the product supply chain (such as Discount Store suppliers), who have the credit lines, warehouses and infrastructure to buy by the pallet or truckload.
· Legal product sourcing in smaller quantities. Major brands and stores – especially higher-priced luxury goods like Coach leather, or national brand stores with their own labels such as Toys R Us and Target Corporation – have engaged in gray-market legal battles with sites like eBay.
Some resellers at eBay, Amazon.com, Craig’s List and regional Flea Markets were acquiring their inventory in underhanded ways. Methods included buying quantities from major department store chains (Target, Macy’s, Dillards) during store sales … then returning what they didn’t sell at auction within the stores’ 30-day Returns period. Or hoarding higher-priced designer brand handbags, purchased at private Member Sales, which then showed up at online auction sites or urban street fairs. This produced brand manager nightmares and provoked aggressive trademark lawsuits, plus pressure on sites like eBay to exclude “gray-market” listings.
However, increased availability of auction sites that offer legal store returns and liquidation lots, or No Minimum Order options, is helping to legalize the product supply chain.
Auction Sites By Product Category
Search Top Ten Wholesale’s network and directories of global manufacturers, wholesalers, distributors and resellers in 50+ different merchandise categories.
· Search for Auctions at Top Ten Wholesale …
· Or refine your search by a product category, such as TTW Electronics
See the site search page at http://www.toptenwholesale.com and click on one of over 50 Wholesale Keyword products categories (ABC – Apparel, Body Jewelry, Cellular – to TVW – Trade Shows, Videos, Watches).
Sites By Product Source & Price
GENCO Marketplace has an established industry track record for supplying store returns, overstocks and seasonal returns to liquidation and store retailers … generally through direct and online sales by the truckload or multiple pallets. GENCO Marketplace moves over $5 Million worth of merchandise every day through such re-sale channels in product categories ranging from Electronics and Apparel to Housewares and Tools. Many of these large liquidation lots feature online manifests, so that buyers know what they’re purchasing.
No Better Deals (GENCO
New from GENCO Marketplace is a bargain shopping site – No Better Deal . No Better Deal brings new and returned merchandise deals to consumers, bargain hunters, online auction resellers and flea market merchants … with the discount/liquidation prices formerly available only to big lot buyers. Clearance priced merchandise with no order minimums.
BidZ.com
Bidz.com features live auctions focused on jewelry, electronics and eyewear. Live Auction product sourcing 24 / 7.
Via Trading
Via Trading features one-stop online product sourcing – closeouts, overstocks, returns — for electronics, general merchandise and tools … with No Minimum Orders.
