Please Please stop and introduce yourself

[GL_TRADER]

Hello My Name is Gabriel, I live in southern California, myself and my wife are interested starting up a business and would like to get to know some people and information on what is needed and required to start up. Suppliers and pallets prices would also be a big help. I am glad to have found a web-site like this and look forward to talking to some of you!

P.S. We are going to be starting out with 8000 to 10000 range for money. :)

[indianflash]

Dont invest that much money starting off, you are still new so you will need to try a lot of trial and error. Do you know what you want to sell?, where are you going to sell? You have a plan with want you will do if your first load goes sour? (not a good load, full loss)

I would say the best way to start off is by buying from a liquidation company that is nearest to you. Buy by the pallets to try the business out. then work your way to buying a truckload.

I have been selling for 2 years now and even I like to just buy pallets or small loads just dont want to deal with the hassel of truckloads as it would take me two much time selling items individually.

Also you need a big warehouse if you do that. I started and still use my home. and use cl to sell. You could set a room in the house to store or better your garage.

YOu need to have a plan on how to sell you stuff and fast as it will start to pile up and thats indirectly costing you money.

[elab]

Hello,My name is steve

I am new to the site and have attempted to start a business several times,but found that much research must be done.This came about when i read many of your topics here and instructions on how to do things right by listening to the people who have been there and done that.I appreciate the wealth of info to be gathered and used to the newbies success in this business.So kudos to you veterans.I live in Franklin,In. my wife and i are selling cell phones and lcd tv's right now.We would love to make this work for us,we are more than willing to share our sources with anyone endeavoring to buy such products.We however would like pointers and direction from you guys who have this thing on cruise in your lives.Again,i thank you all who have helped us indirectly...God Bless You All,steve... :)

[palletsurfer]

My Introduction To All,

I'm just starting out. I live in Southern, CA. I bought my first pallet about a month ago before finding this forum. I'm so happy I found this forum. I've already read so much good advice.

I've been pleased so far with my first pallet. I bought musical supplies (something I know about). I'm using this first pallet to build positive feedback on Ebay, since I have some solid product. The positive feedback is slowly building.

Since finding this forum, I've obtained a consolidated reseller's permit with two sub-locations, one for each local flea market that I want to try out.

One of the first things I did was go to a local music shop and talk to the owner. He offered to buy almost a fifth of my pallet which would yield a 35% profit on those items sold. I haven't taken him up on it yet, but it's a standing offer. I know one of the precepts on this forum is sell cheap and sell fast, but I'm still in an experimentation mode, so I'm taking my time with this first pallet. I figure I could sell all 500 pieces quickly by visiting all the local music shops in my area, but I'd rather use these pieces to explore Ebay and the flea markets.

I work a full-time job during the day, so I plan on reinvesting all my profits back into my business. So far I'm having a lot of fun learning. I'm really looking forward to meeting some mentors on this forum.

Sincerely,

palletsurfer

 

[juststuffdiscounted]

Hello everyone, my name is Josh I am 26 and have been selling liquidated merchandise for about 7 months in SouthEast TN I was laid off of my full time job and so was my mother. She had been wanting to get started in this business for years but she was not going to quit her full time job for it neither was I. With us both being laid off we thought it was the perfect opportunity. We opened a retail store in October 2009 and have done much better than we had anticipated. We are mainly stocking our shelves with Costco merchandise that we are getting from another retail store about 3 hrs away. We have worked out a contract to get merchandise from him until we can attain some Costco contracts for ourselves. I started out doing pretty good with Tvs, but with some marketing and hard work I am now moving a lot of Tvs out of my doors. I am looking for new sources as I need to by larger quantities than just a few at a time. We are working hard to keep people coming through the doors.

I have learned a lot from this website, reading post after post. Everyone seems so nice and helpful. I have come across a lot of new outlets and sources for a variety of merchandise and have learned a lot in the short time I have been doing this. I can not afford to let this be just a hobby I have to work hard and hopeful meet some great people and make some contacts so that we can succeed together. I look forward to working with you all. This is a tough, up and down business, but there is money to be made, but it is hard to do alone.

I started out on a very limited budget and much less than I probably should have but the time was right and I had to make the move.  I havent done flea markets or much online. I use craigslist from time to time and it has been good. I have been wanting to get into Ebay and have tried a couple of times. I am just not good at it and plus I have 0 feedback. When we opened the store I passed out over 5000 flyers to local businesses and that has been the only advertising I have spent money.

Ha I didnt realize I was rambling so much. I look forward to talking to everyone in the future and hopefully working for some of you.
Thank You.

Josh

[plewis11]

Hello All,

I am glad to have found this post. I have started back selling as a result of a recent layoff. I have been selling on eBay for about 1 month now. I used to sell about 7 years ago, but ran into sourcing issues.

I have an account established with Macys and have bought a few pallets. What I am noticing is that there are a ton of sellers on eBay with the same product. I sold pretty agressively during the first couple of weeks, but broke even at best. I am a little nervous in that the sourcing of product is not the issue, but the where you sell your product.

I came from corporate america and hated it....I looooove this stuff, but need to do more extensive research on how I can make a decent living at it. I am very excited to share my experiences and learn from others.

I am located in the Southeast.

Best Regards,

Plewis11