Please allow me a few minutes to explain.
Five years ago, at the corner of Main St and Centre St there was a gas station doing tremendous business. We would often see line-ups for a few minutes.
Some smart businessman, with retail experience, decided that there was enough business at the corner to open a second gas station. Within a year the two gas stations survived and did fine.
A third businessman, not experienced in gas or any type or retailing, figured he could do the same and share in their success. Now they were three gas stations at the corner, barely surviving through price wars, cutting hours, staff, etc...
Finally a fourth person (no experience in business nor retail) comes along and figures he is smarter and can do better. A fourth gas station is opened at the corner.
A year later all four went out of business.
"...selling brand name electronics on the ebay..."
Frankly the category is crowded with established businesses with established source of supply and the chances of success by a newcomer are slim to none. If selling online is what you really want to do, stick to what you know - meaning products you know with reliable established sources of supply.
Do not expect your competitors to help you find competitive sources of supply so you can compete with them.
Good Luck
@allelectronicgadgets wrote:I would like to start a business selling brand name electronics on the ebay.ca website. However, I am having issues finding a legitimate supplier that can provide me with the products for a decent wholesale price and that ships to Canada. Does anyone have any suggestions as to where I can find these products? I've searched the internet for hours and have used websites such as wholesale central, doba, worldwidebrands, alibaba, aliexpress, tradekey and good ol google. I can only seem to find goods that are fake or low quality. I really need some help because I would like to get this business up and running in the near future.
This exact topic came up a few months back at an e-commerce meeting. Quite interestingly, the true wholesalers, entry level suppliers, do not do internet. They are very much a phone them or go and see them type of business. They are certainly not going to extend you credit.
Trade shows are an excellent place to make contact. Some shows travel and others have permanent, full time, locations.
You will need to buy in their minimum quantities, cash up front. Do you have a secure facility preferably with a loading dock? I personally know some "small fish" and they have warehouses.
I dunno, everyone starts somewhere. Buddy of wine has a piece of property that would be excellent for a winery, so, I asked him: "How do you make a million dollars in the wine business?". He says: "Start with two million?".
@mr.elmwood wrote:"How do you make a million dollars in the wine business?". He says: "Start with two million?".
I've got a cleared half-acre in the winery area of the southern Annapolis Valley, perfect soil and exposure for a little terroir perdu. Anybody want it for $20K? 
@rose-dee wrote:
@mr.elmwood wrote:"How do you make a million dollars in the wine business?". He says: "Start with two million?".
I've got a cleared half-acre in the winery area of the southern Annapolis Valley, perfect soil and exposure for a little terroir perdu. Anybody want it for $20K?
Gonna do half bottles?
Featured Posts
