Tag: ebay
Doba.com – the wholesale marketplace
by on Mar.12, 2010, under Uncategorized
Doba.com is a wholesale marketplace that offers a fusion of wholesale sourcing with an online retail style. The major difference is that Doba.com and businesses that follow this model, offer a dropshipping service to their wholesale clients.
You may not have heard of this sort of wholesale marketplace before, especially one that concentrates on dropshipping. So you might be curious about what the benefits of doing business in this way are.
Unlike a wholesale suppliers list, Doba.com is like a centralized dropshipping resource. They have many different wholesale suppliers participating and you are able to scan through all their items by category, brand and even price. This is the first reason why this sort of model is so easy to use; you can directly compare items from different wholesale sources all in the same place.
In addition, you don’t have to deal with the wholesale sources when you decide that you wish to sell an item. You would simply go through the system and pick the products that you wish to order and send the details directly to Doba.com. Doba then deals with the rest of the sale and organizes to have the wholesale goods sent straight to your customer.
One thing that Doba.com doesn’t do, but other similar models do is supply closeout and liquidation goods. These are very good sellers, as they are items that are sold below wholesale cost, which means that you can turn a better profit. Often liquidations and closeouts do entail a lesser quantity of stock available; however the minimal additional work that you would have to do is certainly offset by the huge profits that you are able to make.
One thing that the Doba model does do very well is provide information to sellers who are new to trading through drop ship sources, or are looking to expand their business into other areas. This is a sure fire way to fast track your success, as its far easier to follow guidelines for successful wholesale trading rather than trying to establish them yourself.
Of course, there are some commonly asked questions that people raise in relation to trading with a centralized wholesale source such as Doba.com, so let’s take time to answer so queries that you may have in regard to sourcing wholesale products.
1) Are the products I am able to buy genuine?
Yes, all the products are from the same suppliers as you see in department stores. They are not fake replicas.
2) Are the products new?
Yes. In addition, some centralized wholesale suppliers offer liquidations and closeouts, and you will be informed of these items’ condition.
3) Is a centralized wholesale supplier just a middleman?
No. They simply offer a service to make it easy for retailers and wholesale suppliers to connect with each other.
4) Are these the cheapest wholesale prices I can get?
Yes, for individual drop ship products. You may be able to get cheaper prices through bulk wholesale purchases.
5) Do I need a reseller’s license to be able to sell wholesale items?
No, you don’t.
Is The Difference Between Wholesale And Discount Only Semantics?
by on Mar.02, 2010, under Uncategorized
If you are green to the world of business, or selling products, you may be wondering what the difference between purchasing wholesale and buying at discount is. These two terms are often and easily confused. There is a reason for this, one that I will explain shortly.
To understand the concept it is absolutely crucial to understand that all vendors find their products from somewhere, and in general, they will markup the cost of that item 100%. That means if they acquire a product for $10, they will be selling it in their store for $20.
When a typical store has a sale, they will discount between 20-40% of the selling price, meaning that the minimum they will sell the product for will be $12, so they are still making a profit from the price that the good was purchased at. The only exception to this rule is when there is a liquidation sale, or a store is trying to shift hard to sell stock, in order to get some return on their investment.
As you can see, even if you are purchasing at discount from a retail store, it is still possible to purchase goods at a cheaper price by using wholesaler sources.
This means that if you are someone who is gets goods to resell in places like eBay or Craigslist, at markets or in classified ads, if you are not buying your items from a wholesaler source, you are not getting the best deal to maximize your profit.
Additionally, when you purchase in bulk from a wholesale supplier, they are very likely to give you further discount based on quantity, giving you added margin for profit. It is easy to believe that the longer you and your wholesaler supplier are in business together, the more and more successful both of you will be.
