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PROTECT YOURSELF FROM SCAMS!  Research all business opportunities thoroughly, and never blow off other people's bad experiences.  Ask around (and listen!).  The Scams101 Message Board is a good place to start.  What's that?  You've found a Biz Op and you're wondering if it's endorsed by FIB?...  Not unless it's listed in MaaMaw's Magnificent Toolbox.






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FIB - Scams 101

Re: what is good and bad about this site...

Posted By: Dennis Bevers
Date: Monday, September 10, 2007, at 8:23 p.m.(pst)

In Response To: what is good and bad about this site... (desparaldo)

>> salehoo.com thanks in advance

Seems to be a reasonable operation, for those looking to attempt retail on eBay. However, one of the rules that drives eBay is the law of supply vs. demand. If the supply exceeds the demand, the bidders will turn your category into bargain day.

It's easy to have people quoted on getting 100-300% return on their auctions, but another thing to show you how you can duplicate it. The more people they sign up, the more competition you will have as a buyer from Salehoo. Then you have the possibility of multiple sellers, including those not using Salehoo, all posting the same products, giving the buyers more choices.

If I'm shopping for a retail item on eBay, I'll generally go with a Power Seller or at least a seller with a high volume and high satisfaction ranking, if both have the same product. So, the rookies have a harder time competing.

Many don't have the money to buy products at wholesale, so this definitely isn't for everyone who sells on eBay. Some of those doing best have carved out their own niche, and unless you buy up the majority of a Salehoo product offering, you won't own that niche.

But, for $67, if it is money you can spare, why not give it a shot, as long as you are committed to following through, investing in products, and posting them to eBay. You might want to batch your sales, so you aren't standing in line at the Post Office 3 and 4 days per week to mail all those individual boxes.

If you do pursue this, would you please come back and post your results, good, great, or otherwise.

I tried purchasing "closeout" merchandise in quantity years ago, and found the best offers were grabbed up in bulk by those who had:

1) Lots of capital

2) The ability to move a large volume quickly

3) Were closer to the warehouse, so they could pick up products. The shipping cost can sometimes eat up a large portion of your markup.

4) Could absorb the loss if they made a bad purchase, and had to liquidate products at whatever price they could get.

Retail, especially discount retail didn't appeal to me.

Dennis Bevers

My home-based bizopp that works for me and hundreds of others!

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