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Newbies Guide - Where to sell

Discussion in 'Start-ups & Business Advice' started by Alan, Dec 4, 2009.

  1. Alan

    Alan

    Joined:
    Aug 11, 2009
    Messages:
    1,363
    Hi everyone

    It has come to my attention that nobody has provided new business entrepreneurs with information of where to sell!

    Below is a guide with a description of where to sell your items and why!

    TheWholesaleForums: - This site is a friendly and well run forum providing a market place to sell and buy products and a discussion board to ask questions.
    Advantages of TWF are: -
    TWF is a great community with great Admins, moderators and members always willing to point you in the right direction.
    Selling on TWF is fairly cheap.
    Disadvantages of TWF are: -
    Legal liabilities restrict anyone under the age of 18 to sell.

    eBay: -
    eBay is an online auction site, giving you access to sell to hundreds of millions of users.
    Advantages of eBay are: -
    You have access to hundreds of millions of buyers worldwide.
    You can charge whatever price you want.
    Disadvantages of eBay are: -
    You might end up with a lot of competitors.
    They charge very very high fees.

    Your own website: - Having your own website means you the owner have overall control on everything that goes on!
    Advantages of your own website are: -
    You can set any price you want.
    You control the layout of the site and all the content that goes in.
    Disadvantages of your own website: -
    Competition is not an easy thing to keep up with.
    Getting traffic to your website will not be an easy task as everyone is trying to do the same thing.

    eBid: -eBid is a new auction site working just like eBay, however they have no listing fees. Just a monthly or a lifetime fee.
    Advantages of eBid: -
    They have a small fee compared to eBay.
    Disadvantages of eBid: -
    Not many items actually sell on the site.
    There have nowhere near as much traffic as eBay does.

    Amazon: -
    Amazon is a site where you can buy used & new items. It has been around for a long time and has been building up its profile.
    Advantages of Amazon: -
    The site has now been starting to get a lot more traffic.
    You have not many restrictions on what you can sell.
    Disadvantages of Amazon: -
    Again you will have a lot of competitors to compete with.
    Amazon charge a price for each item that you list/sell.

    Gumtree, Loot etc (Free local ads): - These sites are just basically newspaper ads on a website, they are great way of free advertising and to try and make a quick sale.
    Advantages of
    Gumtree, Loot etc (Free local ads): -
    These websites are free to advertise, in the end of the day it can do no harm.
    Disadvantages of Gumtree, Loot etc (Free local ads): -
    You can get a lot of timewasters on these sites.
    A lot of traffic to the item you are selling may not be to a customer and you may never get a result in the long run.

    Car Boot sales: - Car boot sales are good for any market trader! You can basically sell anything you want and charge whatever price you want.
    Advantages of Car Boot Sales: -
    You can sell for any price you want.
    Great for stock that you are struggling to shift elesewhere.
    Disadvantages of Car Boot Sales: -
    It can cost about £10 to get the space - relativley cheap however if the weather is always a factor, if it is raining the sale may be cancelled.

    This is just the bear backbones of everything that you need to know about where to sell.

    In my opinion i would rate eBay very highly for any new entrepreneurs, it is the only place you have a chance to sell to hundreds of thousands of users.

    My second option would be to go down the line of TheWholesaleForums. if you are reading this as a guest i would reccommend that you sign up! You will start to realise this is a brilliant forum with great members and a perfect marketplace.

    My third and final option would be to having a website yourself, a website enables you to have the freedom of any day to day business. It also allows you to charge a higher price and you will have little to no fees when selling an item!

    If anyone has anything they want added, just drop me a PM.

    I hope this helps!

    Alan
  2. planner

    planner

    Joined:
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    Messages:
    6,793
    Its not my decision but this should be made a sticky. :niceone:
  3. JustCraig

    JustCraig

    Joined:
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    6,883
    Interesting guide. Will be useful to anyone starting out. eBay is not the be all and end all although it is a great starting platform.
  4. Alan

    Alan

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    Aug 11, 2009
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    Thanks Craig, will get a few more added in the next hour or so! :)
    Alan
  5. cos76

    cos76

    Joined:
    May 4, 2009
    Messages:
    622
    good idea and great post!

    as said by justcraig, there are plenty more places to sell than just ebay.

    havent sold on ebay in quite a while.. started going down the boot sale, got products in various retail stores and also have some very good regular customers who buy bulk and hopefully have website go live anyday now :D

    working in central london doing my full time job also helps making sales...

    keep up the good the work :niceone:
  6. Mitch

    Mitch

    Joined:
    Feb 7, 2009
    Messages:
    1,128
    Very informative post :p

    Thanks mate!
  7. Xcat Auctions

    Xcat Auctions

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    Nice post, well done.
  8. Osctek

    Osctek Banned Member

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    nice post good read :D
  9. Michael

    Michael

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    The OP has got bigger and better, keep adding more info and it will help out a lot of first timers.
  10. Alan

    Alan

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    Yea just adding more stuff as i go along!
    Alan
  11. Alan

    Alan

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    Thanks to everyone who has inputted so far.
    Any other advice would be appreciated!
    Alan
  12. flibbage0

    flibbage0

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    Jul 23, 2009
    Messages:
    23
    good post, very helpful indeed.

    I think you also need to be 18 to have an ebay account am I right?
  13. Alan

    Alan

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    That is correct, however i am 17 and have had an account since 2003.
    Good old dad :)
    Alan
  14. flibbage0

    flibbage0

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    :eek: I should of done that.
  15. Alan

    Alan

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    It isnt rocket science!
    Registering on eBay is as easy as opening the fridge.
    Alan
  16. Syllex

    Syllex

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    Dec 31, 2009
    Messages:
    4
    Thanks PrizedJewel your article ir really helpful and let's to understand the basics!
  17. Kibble

    Kibble

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    Dec 2, 2009
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    The OP has hit the nail on the head for new starts in business but the marketplace is much much wider than the outlets described. There are other massive opportunities for selling so get out of the ebay mindset and start thinking outside the box!
  18. Alan

    Alan

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    Exactly - People have to realise, eBay isn't everything.

    Alan
  19. Best Gadgetry

    Best Gadgetry

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    Nice compilation.
  20. JZ100K

    JZ100K Banned Member

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    Good post:) if you ad something on selling from shop or own website and its pretty much sticky!
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