Many would-be online merchants have no idea where to begin locating products to resell. According to Lynn Dralle, of http://TheQueenOfAuctions.com, who has made a full-time living selling on eBay for years, “Garage sales, estate sales, thrift shops, and consignment stores provide great sources of merchandise. They’re especially ideal for beginners because there’s very little risk or investment involved.” Local sourcing affords a simple, inexpensive way to learn the ropes of E-Biz product sourcing, while you gain experience and become comfortable with online retailing.
An Expert’s Advice
To get the most out of local sourcing, it helps to observe some proven practices. Dralle offers the following tips to help you derive maximum benefit from your product sourcing trips:
Start small. Never spend over $5 on any one item until youve been at it for a while and know what youre doing. Youll save yourself a lot of money if you set a low limit in the beginning and stick to it.
Don’t hold out for those “once in a lifetime” deals: they’re called that for a reason. The big hits are few and far between;...