http://dwlnews.com tips, tricks and news in the wholesale industry Sat, 16 Aug 2008 12:29:31 +0000 http://backend.userland.com/rss092 en It's an easy mistake to think that buyers determine the price your auctioned good will get. My experience tells me otherwise. In a highly competitive eBay niche, such as consumer electronics, you generally can't affect prices very much. But where ever there is reduced supply, you can receive what economists call ... http://dwlnews.com/2006/11/28/pricing-your-products-the-right-way/ A few months ago I wrote an article on the 4 qualities your product(s) should have. While the other 3 (Rare, small, and expensive) are all important, the real value in retailing - internet or otherwise is in perceived value. The Zippo is a perfect example of perceived value. There are ... http://dwlnews.com/2006/11/22/perceived-value-the-holy-grail-of-retail/ As a rule I would avoid doing business over the internet with all Nigerians, but I have found an interesting guide from a seemingly legitimate Nigerian businessman. If your like me and would rather not take the risk of dealing with them, there is still a lot of general fraud information ... http://dwlnews.com/2006/11/20/a-guide-to-doing-business-with-nigerians/ eBay is perhaps the most competitive, efficient market in history. The massive quantity of buyers and sellers, and easy access to wholesalers through the internet result in intense competition and low prices. What does this mean for the small auction seller? It is very hard to compete. But not all auction sites ... http://dwlnews.com/2006/11/13/expand-your-online-auction-horizons/ Strong competition from Chinese rivals have led eBay to consider selling it's China arm. "The 21st Century Business Herald reported that Hong Kong-listed Tom Group would announce its takeover of eBay's China division and its PayPal service within a few days, citing a well-informed source. An agreement between ... http://dwlnews.com/2006/09/28/rumors-spread-ebays-leaving-china/ Young Jack Neal mananged to purchase the pink Nissan Figaro after his mother left the computer logged on to eBay. "Luckily [the dealer] saw the funny side and said he would re-advertize" Neal's mother said. http://dwlnews.com/2006/09/27/3-year-old-buys-convertable-on-ebay/ Online selling isn't what is used to be. To be successful nowadays, you either need a large budget or a small niche. There are a few online research tools to help make your job of finding a niche easier. The Market Research Wizard: This will cut your search time down significantly. You ... http://dwlnews.com/2006/09/22/finding-a-niche/ A new survey conducted by AuctionBytes has shown only 33% of eBay sellers grossing over $100,000/year plan to be selling there in 6 months. Fee's ranked highest among respondents concerns, followed by fraud, non paying buyers, payment services, then inventory and product sourcing issues. The survey polled 1225 respondents between September 3 ... http://dwlnews.com/2006/09/20/survey-shows-auction-sellers-shun-ebay/ Why is every idiot and his dog constantly posting all over the place trying to get wholesale iPOD's at 1/2 or 2/3rds off retail with minimum order of 5! Forget it. Big brand consumer electronics suppliers and wholesalers operate on very small margins (usually between 1 and 10%). Dell, the king ... http://dwlnews.com/2006/09/18/forget-about-brand-name-consumer-electronics/ At the time of writing, this information is consistent with eBays policies. You may: * Provide a contact email on your listing page, this can only be used to discuss the listing and cannot be used as a way to circumvent the auction process. Smart buyers will realize that there's probably a ... http://dwlnews.com/2006/09/18/ebay-linking-guide/