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Profitable item to sell

by peter800
5 replies
  • ECOMMERCE
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Delete this
#item #profitable #sell
  • Profile picture of the author honestim
    Hey Peter

    Sent you a PM

    Cheers
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  • Profile picture of the author JohnyEnglish
    Pm please.............
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  • Profile picture of the author StephanDE
    Why not sell spices/saffron?

    Contact me.
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  • Profile picture of the author Auctiondebteliminator
    And how are these margins even calculated? How do we know that you're not like a lot of other suppliers that just pick a price out of the air and say: "This item retails for this price" and "YOU get it for THIS price!"

    The problem with this approach is that sellers rarely do the market research on their own to see what BUYERS actually buy the item for...

    You need to do market research, see what the market has chosen the item is worth THEN approach the supplier and say: "This is how much I can get the item for"

    From there YOU calculate you margin percentage - a supplier should NEVER tell you what your ROI is - because THEY DON'T SELL YOUR PRODUCT FOR YOU!

    Red flag here, folks - do some market research less deductions..... Because with everyone signing up, I also see a spike in competition/saturation.
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    • Profile picture of the author peter800
      Originally Posted by Auctiondebteliminator View Post

      And how are these margins even calculated? How do we know that you're not like a lot of other suppliers that just pick a price out of the air and say: "This item retails for this price" and "YOU get it for THIS price!"

      The problem with this approach is that sellers rarely do the market research on their own to see what BUYERS actually buy the item for...

      You need to do market research, see what the market has chosen the item is worth THEN approach the supplier and say: "This is how much I can get the item for"

      From there YOU calculate you margin percentage - a supplier should NEVER tell you what your ROI is - because THEY DON'T SELL YOUR PRODUCT FOR YOU!

      Red flag here, folks - do some market research less deductions..... Because with everyone signing up, I also see a spike in competition/saturation.
      Very valid points I always do market research on prices of the items I sell why would I just would i just make up numbers? I am basing the ROI based on the market resarch I have done so I can claim that this RIO is possible.
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