Using The Power Of Government Auctions & Wholesalers For Mas
By Tukshad Engineer
I step into my local mall, and into a leading top brand clothes store. I see a jumper I like and while feeling the soft material casually lift up the price tag - and I almost feint with disbelief. How much??? That's more than I make in 2 days! I quickly stop caressing the fabric and head toward Big Als Unbranded Clothes Discount Centre for a sweater within my budget range (which unfortunately will no doubt look as if it were knitted by my 5 year old Niece.)
Sounds familiar? Well it really need not be this way. It actually amazes me how many people do not use wholesalers and government auctions to save 50%, 70% or even a whopping 90% on just about anything they could ever wish to purchase. That's right - it's incredibly easy to get regular 50% discounts on top brand items just by knowing WHERE to shop.
Let us begin by looking at Government Auctions. While this article will focus on the USA and UK it's worth noting that government auctions are held in many other countries too. A government auction is held to auction off various items (often at rock bottom prices)
that the government has legal ownership of. The type of items auctioned by various government agencies include vehicles, electronics, real estate, computers, jewellery and a lot more.
In the UK, the types of government agencies that will offer up bargain goods and properties include the police and C&E - there are also private liquidation's due to corporate bankruptcies. Many hundreds of auctions are held yearly and there are many outrageous bargains to be had in most of them. It's not unusual to pickup a brand new widescreen TV at £30 or top spec PCs and laptops from a mere £200. It's possible to learn more here:
http://www.global-ebooks.com/UKGovAuctions.htm
In the USA there are also similar bargains to be had, and the government agencies often auction off cheap land and properties in addition to the usual range of electronics, vehicles and household goods. Just some of the bargains in recent times include assorted jewellery $600 in value being sold for just $20 and an actual house being sold at 50% below its market value. More information on
government auctions in the USA is available here:
http://www.global-ebooks.com/US_GOVERNMENT_AUCTIONS.htm
So are there any catches? Surely not anyone can just turn up and help themselves to all the bargains that they can carry home? Well actually, that's just the way it is. Anyone can attend, you just need to know where and these auctions take place.
Not a lot of people realise it, but it's also possible to pick up massive wholesale bargains, just by ordering goods from a good wholesaler. There is a lot of apprehension with a lot of people when it comes to buying from wholesalers - many people are afraid that they will get turned away, that wholesalers will only sell to huge retail stores with many thousands of dollars to spend. While some wholesalers do have minimum orders, many do not at all and will gladly accept orders from you and me. You can check out some really good wholesalers here:
UK
http://www.global-ebooks.com/UKWHOLESALEPAGES.htm
USA
http://www.global-ebooks.com/US_WHOLESALE_PAGES.htm
So there you have it - a way to save a lot of money on just about anything that you want to buy. The best thing is that you can just as easily use this information to actually make money. How? eBay is the worlds biggest auction site by far, enjoying billions of page impressions per month (and this number is growing!). People will buy and sell almost anything on eBay, and some sellers have actually
made selling on eBay their full time jobs. Many of them use the government and wholesale sources to buy stock cheap before reselling on eBay at huge profit margins (100%+).
Whether you're looking to save money or make money on top brand goods and services, wholesalers and government auctions are the way forward. Find out a list of auctions and wholesalers that you can visit and then just DO IT! You may well be pleasantly surprised with what you come home with!
Hundreds of money saving ideas, tips & websites at
http://www.my-online-powerpack.com/subscribersite.htm
Get the best discount websites & money saving alerts by subscribing to my newsletter – send an email mailto:tukshad@global-ebooks.com
About the Author
Hundreds of money saving ideas, tips & websites at
http://www.my-online-powerpack.com/subscribersite.htm
Get the best discount websites & money saving alerts by subscribing to my newsletter – send an email mailto:tukshad@global-ebooks.com
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What Everyone Should Know About How To Buy Wholesale
By: Melanie Burns
Finding a supplier for the product you want to sell, at a price that you can profit from, can be a big task. The best suppliers for your online sales or auctions do not advertise their services and often cannot be found online.
Those that you can find online tend to be middle-men. It is often difficult to get a good enough price to make any real profit online.
Let me tell you about my simple 2 step system to find an untapped source for wholesale suppliers. This is so simple that it's often overlooked as a source for product. This system involves thinking outside the box and not letting policy stop you. (continued below)
The First Step to find a supplier is to find someone that already sells or has access to what you want to sell. This could be a website, an eBay seller, a manufacturer, a wholesale outlet, or a regular store in your city. This is the easy step. You know what you are looking for and you can search on the internet, not for a wholesale source, but for anyone already selling what you want to sell.
Another valuable source for a local supplier is your local phone book. The yellow pages are the best way to find local sources. This should be the first place you look. Doing business locally with someone that you can meet face to face is a big plus for your business.
Another potential source for your product is to find a distributor who would be willing to private label a product for you. You could get a very high quality product for a much lower price than if it had the name brand label.
The Second and Key Step is to convince the source you found to become your supplier.
Manufacturers and wholesale sources often have minimum orders that might be beyond your reach if you are just starting out. Online retailers, eBay merchants, and retail stores may be your best bet. Try to find a small store who is looking to expand.
But remember, you are dealing with a human being and they can be convinced to do business with you. Just be sure to sweeten the deal for them. One way is to offer the person you are dealing with at your new found source, a percentage of your profits from the products he supplies you.
Be sure to project it out for him. If he can see the benefit of working with you even though it causes extra work for him, you can be successful in making a deal.
You could offer him 20% of the profit from sales of his products. For example you could show him that you project to make at least $100 profit from each product, and you expect to sell 40 of them per month. The $4000 a month means an extra $800 per month in his pocket. You still make a nice $3200 profit for the month in this example.
On top of that, he will be ordering more products from his supplier and may be eligible for a higher price break from them. This way, his reward for the effort to work with you, is making money on both sides.
There are many benefits you can offer your potential supplier, but no matter how you look at it, the main thing it comes down to is MONEY. What's in it for your potential supplier to do business with you? If can you show him that, you have a better chance of making a deal with him and starting your online sales.
NOTE: When looking for suppliers around your city, don't go trying to impress the big stores with your $800 or even $3,000 extra income per month proposal. Try going to the little stores that are looking to expand their business, they are the ones that are usually more open to new opportunities.
The big stores are making hundreds of thousands of dollars per month in profits, so an extra couple of thousand would probably not impress them the least bit.
So now you see that by thinking outside the box, you open the door to many possibilities and increase your ability to make money online with your products.
About the Author:
Copyright © Melanie Burns
This article is free for reproduction but must be reproducted in its entirety including live links and this copyright statement. Subscribe to the iBusiness How2 Newsletter to receive hot tips, how to's, internet business tools, and relevant product reviews by sending an email to: newsletter@internet-business-how-to.com
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