When you are starting out your eBay business, you may find that fantastic deal on a product you know for a fact will sell well. Some sellers will jump on the opportunity, failing to think about the reality of their purchase... storing it until you ship to the customer.
If you have already made this mistake, you're probably sounds that renting a storage unit isn't the most cost effective way of making a profit on eBay. Not to say that some sellers don't do this, but particularly when you're starting out, you just might not have the overhead to pay storage fees on top of paying for the product itself before you actually sent it to the high bidder.
If you plan on purchasing wholesale or in bulk, make sure you have the room to store again. Do you have an unused bedroom that can be converted into an eBay seller's room? Do you have a basement you can stash your products in? Or can you store items in your garage while you or your partner parks on the street? Or worst-case scenario, do you have the money to pay for storage outside of your house or place of business.
If you plan on renting storage space to keep product inventory to sell, it is a good idea to research and find out exactly how much a storage unit will cost and how much it will hold. Rates can fluctuate greatly depending on where you live at the size of storage room you want. Then you'll know what storage overhead price you will need to work into the wholesale price, so you can include that when determining your approximate profit when you resell it on eBay. You may discover that there isn't much profit left after you pay the extra added expenses.
___________________________________________________________________________________________________________________________________________________________________
If you have found this guide helpful, please vote yes at the bottom of the page. Thank you for visiting! Don't forget to visit my eBay Store: Discovering New Deals.

If you have already made this mistake, you're probably sounds that renting a storage unit isn't the most cost effective way of making a profit on eBay. Not to say that some sellers don't do this, but particularly when you're starting out, you just might not have the overhead to pay storage fees on top of paying for the product itself before you actually sent it to the high bidder.
If you plan on purchasing wholesale or in bulk, make sure you have the room to store again. Do you have an unused bedroom that can be converted into an eBay seller's room? Do you have a basement you can stash your products in? Or can you store items in your garage while you or your partner parks on the street? Or worst-case scenario, do you have the money to pay for storage outside of your house or place of business.
If you plan on renting storage space to keep product inventory to sell, it is a good idea to research and find out exactly how much a storage unit will cost and how much it will hold. Rates can fluctuate greatly depending on where you live at the size of storage room you want. Then you'll know what storage overhead price you will need to work into the wholesale price, so you can include that when determining your approximate profit when you resell it on eBay. You may discover that there isn't much profit left after you pay the extra added expenses.
___________________________________________________________________________________________________________________________________________________________________
If you have found this guide helpful, please vote yes at the bottom of the page. Thank you for visiting! Don't forget to visit my eBay Store: Discovering New Deals.
Guide created: 12/23/07 (updated 04/26/08)


Thank you for voting. If your vote meets our