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What is Drop Shipping?

Sell what Sells, NOT what's Cool

The Wholesale Misconception

Don't Get Taken by a Fake Suppli...

Wolves in Wholesale Suppliers' C...

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Tradeshows the Right Way - How t...

Tradeshow Sourcing - When the Sh...

Preparing for the Holiday Season...

What a Wholesale Supplier Expect...

Product Sourcing Using Trade Pub...

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The Inside Scoop on Trade Shows ...

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Shopping with Uncle Sam - A Brea...

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An Intro to Closeouts - A Produc...

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The Color of Money - How Color T...

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products to sell online - Our Town - Sourcing Products Locally

by Chris Malta

Get Creative with Community Resources
If you've ever picked up a trinket for $4 at a yard sale and sold it for $65 on eBay, you know how exciting translating your treasure hunts into cash can be. But yard sales are not your only local source of goodies. Dennis Hester of MillionDollarDeals.com has built a successful online business using local providers almost exclusively. Flea markets, antique stores, auction sales, craft shops - Hester attends them all.

One particularly useful - and unusual - avenue he urges E-Biz retailers to try is calling trucking companies. "Ask them where they get rid of their OSD (over, short, and damaged) merchandise." Hester explains, "The trucking companies get caught with a lot of merchandise sometimes. So they send it to a central area to auction, or they have their own outlets where they have auctions and retail stores." Often these auction sales are open for the public to buy wholesale.

Tips for Networking
The people you meet in these outlets - the junkyards, the pawn shops, the estate sales - they're all in the resale business. So talk to them. Ask questions: How did they get started? Who are their sources? Where did they get their products? Hester has built up an impressive list of suppliers with this simple method and he offers the following insights:

    Be polite and friendly in dealing with people. Advises Hester, "People don't like to do business with jerks - people who are obnoxious or demanding. Don't try to be too nosy; just ask a lot of questions in a friendly way."

    Be persistent.

    Not everyone will want to share their sources with you. Some will even be rude about it. You just have to keep asking and trying, because there are people out there who are willing to share their knowledge and experience.

    Be open. Don't just ask questions. Listen to what they have to say - they're the ones with the expertise. And listen to discern their needs as well; you can create mutually beneficial relationships.

Why Shop Local?
There are a lot of good reasons to find product suppliers in your own community. You get to know your sources personally, and build relationships and trust with them. Also, you can physically view and examine the items you're purchasing ahead of time.

Finally, doing anything locally is going to be easier on your budget. You save on the cost of drop shipping or having merchandise shipped to you. And you save on travel expenses - the price of gas alone makes that a point worth considering.
 
Archive List

ARTICLE ARCHIVE LIST

 

What is Drop Shipping?

Sell what Sells, NOT what's Cool

The Wholesale Misconception

Don't Get Taken by a Fake Suppli...

Wolves in Wholesale Suppliers' C...

Working Within the Process

Is Santa's Sleigh Big Enough for...

Beware of Drop Shipping 'Agents'...

Direct From The Factory?

4 Strategies for Seasonal Sellin...

3 Tools for Product Sourcing on ...

Tradeshows the Right Way - How t...

Tradeshow Sourcing - When the Sh...

Preparing for the Holiday Season...

What a Wholesale Supplier Expect...

Product Sourcing Using Trade Pub...

Tips for Finding and Getting Goo...

Storage Units Auctions - Buying ...

Starting an Antiques and Collect...

How EBay PowerSellers Source Pro...

How to Build Your Online Consign...

Dangerous Mindsets - Changing th...

Sourcing Customer Returns - Buyi...

Product Sourcing Strategies - Ne...

6 Common Product Sourcing Questi...

Increasing Your Profits through ...

Importing Basics - What You Need...

Selecting and Changing Your Prod...

The Inside Scoop on Trade Shows ...

How to Make Product Liquidation ...

Shopping with Uncle Sam - A Brea...

One Man's Trash... Could Be Your...

Our Town - Sourcing Products Loc...

An Intro to Closeouts - A Produc...

How to Find Authentic Suppliers ...

Beyond Borders - Sourcing Overse...

Heads or Tails? - How to Find Yo...

Five Holiday Trends - What Every...

Seeing the Whole Picture - A Who...

Drop Shipping Pros and Cons - th...

Far From Home - 4 Keys to Succes...

Product Sourcing Strategies for ...

The Ins and Outs of Importing - ...

How to Choose Your Product Lineu...

The Fine Art of Product Sourcing...

Sourcing The Secondary Market - ...

Local Sourcing Techniques - Prod...

Global Sourcing - Importing for ...

A Foreign Affair - Preparing to ...

Choose Wisely - How to a Pick Pr...

Made in China - Importing Option...

The Color of Money - How Color T...

The Nuts and Bolts of Liquidatio...

How to Break Into Importing - An...

Trend or Fad? What to Ask Before...

What Your Country Can Do for You...

Opportunities Abroad - China Sou...

Trade Shows Year-Round - What Pe...

5 Product Trends for 2008 that E...

Successfully Negotiating with Yo...

5 Strategies for Safely Sourcing...

Informed Compliance for e-Tailer...

Locate Qualified Drop Shippers f...

What is Product Sourcing? The So...

Where Do I Find Products to Sell...

Tips for Finding and Working wit...

A Beginner's Guide to Buying Dir...