Quote:
Originally Posted by Declang
Most, if not all people on here are interested in electronics, mobiles etc. just because they have a high profit margin, easy to sell etc. resulting in very little work for say £20 profit per item. But as there are so many other sellers of these products and the market is extremely saturated and full of scams you cant sell as many of these items especially due to the high purchase cost unless you were dropshipping.
Would (or do) any of you sell items of lower value that were only making £1/2 profit per item, but selling hundreds of these items a day? Everyday, obviously a lot of your time would be spent packaging, sorting these items etc. but the hard work would result in a bigger profit.
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I have never had an interest in electronics, never shipped them, imported them or sold them. Although I have done a little computer stuff in my time [chip/card/prog writing etc]
I sold hand crafted/natural/wood/bone/furniture/decorative/carved items etc..... layout was a lot lower and margins a lot higher... I even had my own line manufactured.
Some of the decorative items I sold retailed for over £400.... netting approx 300%
Some furniture items were solid teak and retailed in excess of £500.... 400% mark up on buying price
My wife says she is getting bored sitting at home and taking a holiday every 3 months and wants me to set her up doing similar things.... so who knows