Mar 06

Author : Jack JohnsoneBay stands strong in being one of the most popular websites in the world, frequented by millions of eBay users day in, day out As an online entity, eBay is quite a popular online shopping and online auctioning site, which many have embraced for the convenience factor entailed in it

Founded in 1995, eBay is operated and managed by eBay Inc , and as a business entity, owns PayPal and the Skype line of internet communication solutions About anything could be found for sale on eBay From brand new mobile phones, to slightly used electronic items, and even to rather useless junk, eBay has it all The first item ever sold on eBay would be that of a broken laser pointer, which a collector of broken laser pointers bought for $14 83 The varieties of items found for sale on eBay are just about as varied as the millions of eBay users who actively participate on eBay related transactions

When talking about how one could make money on eBay, it is quite possible to make money on eBay and at times even more money than what one would forecast

Here is a scenario how one could make money on eBay: Kathy has a vase The vase is rather old, and doesn’t hold any significant value to her She knows that it has some value to it, and decides to sell it, but gets discouraged when the highest bid she got for it is that from her next door neighbor, who is willing to take it from her hands for only 20 dollars Kathy hears about how one could make money on eBay, and decides to post her vase as a listing in eBay’s for sale, on auction list of items Because of the global encompassed scope eBay, a lot of users got wind of Kathy’s vase, and slates their bids Eventually, Kathy’s vase sells for 2000 dollars, as it turns out that her vase represents a missing piece in a collector’s collection

If this scenario doesn’t illustrate the fact that one can make money on eBay, nothing else will Imagine, had Kathy given in to her neighbor’s offered price, she could have lost the potential to make money on eBay, loosing 1980 dollars, gaining only 20 dollars from it To make money on eBay is indeed one possibility, considering that there is always someone out there looking for something which others may consider as junk

With the over than 125 million registered eBay users, learning how to sell on eBay by taking tips is sure to set you on the path to successfully marketing the items you intend to sell

Becoming a top seller in EBay is challenging but very doable All you have to do is follow the different marketing strategies that most successful EBay sellers do Want to make money on ebay then visit our site for over 80 video tutorials. http://www.auctology.com Submitted By ArticleUnited.com

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Feb 02

Author : William KingWhat is a wholesaler? In a nutshell, it is a company that buys (usually directly) from a manufacturer in large quantities at a discount, then pieces out the product into smaller quantities that are then sold for a higher price The usual chain of product goes: Manufacturer > Wholesaler > Retailer > Customer

Services provided by wholesalers involve both manufacturers and retailers Producers, once the product is manufactured, begin incurring storage costs as well as logistical issues involved with keeping product onsite Wholesalers usually pay transportation costs, as well as reducing costs involved with producer storage by removing manufactured product to a warehouser’s own utilities, providing financial benefits as well These costs incurred by a warehouser can be spread among many more products than a retailer or producer, thereby reducing the per-item cost to a retailer A warehouser also takes the burden off the producer for possible detrimental stockpiling of goods, as the warehouser often has agreements to purchase certain quantities in exchange for reduced product costs, reassuring the manufacturer that there will be a market for certain production levels and allowing manufacture at the most efficient levels possible

There are three different general classifications of wholesalers, defined by criteria such as whether the wholesaler is independently owned or owned by a producer, whether the wholesaler takes title to the products they handle, or lastly by range of services, the most relevant of which known as Merchant Wholesale will be the primary topic in this article

“Merchant wholesalers take title [ownership] to product they deal in, assume risk and buy and resell products to other wholesalers, to retailers, or to other business customers” (Ferrell & Pride, 2003) This is further broken down into Full-service wholesalers and Limited-service wholesalers

Full-service wholesalers include General-merchandise, Limited-line and Specialty-line classifications General-merchandise wholesalers carry a wide variety of products, but do not specialize within product lines

Limited-line carry fewer products, but with more specialization in the few product types they deal in Grocery wholesalers fall under this category

Specialty-line wholesalers deal in very few products but with high specialization in their chosen product line(s), such as only dealing in pharmaceuticals

Full-service wholesalers provide the widest range of services, such as quantity breakdowns, financial assistance and credit, marketing services and product availability Full-service wholesalers usually earn a higher profit margin than other wholesalers, but operating expenses are much higher as well

Limited service wholesalers specialize in fewer functions than Full-service wholesalers, generally allowing the producer or the customer to provide most functions These wholesalers include Cash-and-carry companies, Trucking companies, Drop-shippers or Mail-order firms Limited service wholesalers take title to products but usually do not provide many of the services a Full-service wholesaler does, like marketing, retailer site selection or personnel training Due to the limited nature of their services, they have lower operating costs but are also limited to lower profit margins as well

Wholesalers, in order to keep their operating expenses down, often deal only with companies or with clients able to meet minimum orders, whether monetary or by item count This can make things difficult on a small business or sole proprietorship looking to reduce cost-of-goods-sold However, there are many wholesalers or wholesaler-like companies that cater to smaller-volume customers This is where companies like Costco or Wal-mart’s Sam’s Club come in–as Costco and Sam’s Club are not technically wholesalers, but direct-retailers with lower operating costs, buying in smaller bulk volumes from a company that uses this business plan is often a viable compromise between the lower rates but logistical issues of a standard wholesaler, and the lower profit margins of buying from a retailer, and may make all the difference to a small company operating on a shoestring



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