The fact is that there are few items nowadays with a huge retail markup and worldwide markets such as eBay do nothing to help this situation as there are so many sellers that there is only one way for prices to go and that is down.
So instead of taking the easy option and trying to simply purchase an item at one price and sell it on to someone else for double (which involves little skill, thus anyone can do it meaning the end result is that after a very short time you won’t be able to double your money because of competition), you need to try and find a way to ADD VALUE. In other words, buy a standard product and then modify/change it in some way to make it more attractive to buyers. This will enable you to make a larger profit margin and depending upon what you are doing to the product, may help reduce the level of competition you have to face.
Let me give you a couple of examples:
How about buying an ordinary, plain t-shirt (wholesale cost for t-shirts is as little as $1.80/1.00 each) and then print something on it. If you are imaginative with what you print, you may well be able to sell the ‘new improved’ t-shirt for $25/15. In fact,...
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