Finding Wholesale Locally:
If you are ready to start selling on Ebay you probably know or have already tried finding products to sell.
You can always go to yard sales and look for things that you can resell. This is an obvious way but can produce great results.
Flea markets are another way to find your products and they are all in one place which makes it easy. You may have noticed there are flea market vendors selling brand new products at a very low price. How can they do this? Its great that you have the option of buying these things so cheap but wouldn’t you like to get the products they have and be able to sell them yourself?
Chances are, there is a liquidation store in your area. They are popping up all over the place. These liquidation stores or Salvage stores carry products that are in good condition from places like Kmart, Walmart, Target, Sears, etc.
The retail stores can sell the products that have been sitting on the shelf too long to wholesalers. The wholesalers turn around and buy hundreds of pallets of items all for one price.
So how can you get a hold of these pallets of liquidation items?
You can buy one pallet to a truckload of pallets! Usually when you are picking out pallets they only let you see what is on the top of the box. They are huge boxes though and there are so many goodies in them!
First try searching on Google for “liquidation pallets” or “Salvage Pallets”. You will see thousands of results but beware because some of these sites are fake. Next time type this in with the name of your town. The safest way is with a liquidation directory. Wholesale Directories like this are excellent because finding the product is sometimes the biggest hurdle.
Auction websites where they actually auction off pallets that are for sell by the liquidation store owner. You only pay if you are the higheset bidder and the cost of shipping (which is not bad at all because they have freight prices!!) They usually use UPS and the last pallet I got was only $45 to ship 
You can click that link to take you to an awesome pallet auction website.
Another idea is just to buy items on sale in stores! These items are often marked down very low.
Check out your local TJ Maxx, Ross, etc. These
stores buy overstock. I have found great deals
on things like expensive coffee pots on the back
aisles of Target. Target Stores can be great source
for electronics markdowns, everyday items, office
supplies, etc. This is Target’s markdown schedule.
Every store doesn’t follow it exactly. Some are a
day off. For the most part, you can count on this
schedule:
Target markdown schedule:
MONDAY- kids clothes, electronics
TUESDAY- women’s clothes, domestics
WEDNESDAY- men’s clothes, toys, health and
beauty
THURSDAY- lingerie, shoes, housewares, sporting
goods
FRIDAY- cosmetics, hardware, auto, jewelry.
To buy Target, Mervyn’s and Crayola liquidations -
Here is the direct source:
(note you can still buy their pallets through other wholesalers)
Event Sales
3359 Central Ave NE
Minneapolis, MN 55418
(612)-781-1502 Phone
(612)-781-4150 Fax
Requires All Payments Via Bank Wire-Transfer
Event Sales is the exclusive salvage contractor for:
Target Stores
Mervyns
Crayola
Another way to become a powerseller is by selling atleast 100 items a month and you can actually do this with something that you get in the mail every day and that is coupons! They sell very well on ebay and it is easy to sell a ton of them!
Check out this site which has them listed and you can see just how much they are selling for:
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You can also sell ebooks that are free for you to sell but Ebay has started a new policy with products you download.
Digitally delivered items must be listed in the Classified Ad Format in the Everything Else>Information Products category only.
Classified listings cost $10 a month but they stay listed all month! They are also listed with everything else so your items are very noticeable.
This is about dropshipping. Dropshipping is becoming VERY Popular on Ebay because Ebay is moving toward a “buy it now” type business. Ebay is encouraging sellers to use “buy it now”. Because of this, dropshipping is the way to go on these types of auctions. Finding a reputable dropshipper is not easy but Worldwide brands offers a Product Sourcing Database, OneSource, that includes thousands of pre-verified wholesale suppliers who are willing to Drop Ship those products directly to your customer from the warehouse, one at a time, at wholesale. OneSource also includes thousands of Wholesale Suppliers willing to sell to you in small Bulk Quantities, while still giving you larger Bulk Quantity prices. It’s an excellent way to do business without spending a ton of money.
A Wholesale distributor is a company that owns their own warehouse (no middlemen) and supplies you with products at prices that are significantly lower than Manufacturer’s Suggested Retail Price (MSRP). That’s what wholesale means.
Sourcing Items to Sell
I've got my idea - now where do I go?
Not sure where to turn to find your stock? The best idea is to find a couple of supply sources for your items so that if one dries up during a busy period, you won't be left high and dry.
1. Garage Sales
Garage sales can be a great opportunity to pick up potentially valuable items selling for pennies. However, they do require a regular time commitment and a lot of patience! You'll quite likely travel around 5-8 sales before you find anything suitable. Going around garage sales requires planning and rising early. The best idea is to look through the morning papers as soon as they arrive. Plan your route to make most efficient use of your time so that you are not doubling back. Make a list of items you would like to find and the maximum amount you would pay to make a profit. And finally, don't forget to take cash! Take small bills and some change as most garage sale owners only have a small amount on hand. It's a waste of everyone's time if you have to race down to the ATM machine. Garage sales can be useful sources, but they rely on luck and have a high time cost per item. Thus, serious sellers don't rely on garage sales as their sole provider.
2. Liquidation sales
Liquidation sales are a fantastic way of finding brand-name items at enormous discounts. Check your newspapers and look for sales in your area. Before buying from a liquidator check to see why the goods are being sold. Most of the time liquidation sales take place for legitimate reasons such as company bankruptcy, store relocation and so on. However, it always pays to check as you don't want to end up with a pile of stock you can't shift. Another thing - don't bother with liquidation stock that is outside the scope of your business. There is no point buying liquidation bicycle equipment just because it's cheap when you only sell jewelry.
Alternatively, you can find liquidation sites on the Internet - one such site is http://www.liquidation.com. These sites make it extremely easy to buy liquidation, particularly if you live in an outlying area. One thing - just make sure that the possibility of damaged stock and used or returned items included in the lots is small or non-existent.
Liquidation sales are a great way to supplement your stock, but they can't be relied upon to restock the shelves.
3. Estate sales
Estate sales can be a goldmine for anyone selling jewelry, vintage clothing, books, furniture and so on. Once again, you need to have an idea of how much you can afford to spend before you go. Don't forget to buy items your customers would like, rather simply getting caught up in your own enthusiasm for what is for sale. Note that estate sales run by an agent are unlikely to garner the same bargains as one run by the family.
4. Clearance stores
At certain times of the year, most major stores will have a stock clear-out sale. Some of these sales give you the opportunity to buy goods 50% or more below the regular retail value. This can be a fantastic opportunity to find items to sell - or replenish your stocks. Good clearance sales can be equal to or even below a good wholesale price. Don't forget to overlook small hobby shops in your area with clearance sales either. If you know the store is going to have clearance sales regularly, then this can be one method of getting stock.
5. Wholesalers
Wholesalers are the most reliable method of sourcing goods. While the initial process can be time consuming at first, it is effort that pays off. When you have found a wholesale, you now have certainty of when you are going to receive stock and how much you will have to pay for it. The best way to find wholesalers is to use a directory. Directories remove the risk of dealing with illegitimate wholesalers and give you some peace of mind when dealing with wholesalers and manufacturers from China. Wholesalers should be the mainstay behind your product sourcing.
