Shari’s Sourcing Insights
I have been selling on eBay for my full time income since 2006. Since I need to make enough to pay all the bills, I need to make sure I have enough merchandise, including high end inventory to earn enough for all the bills each month. In the beginning, I was getting enough to list to keep me listing full time, but it wasn’t bringing in enough money. I needed to improve my sell through rate on the items I was listing as well as my profit margin. I realized that I needed to source for more profitable items and start turning down the items that would sit for months or even years or had a low profit margin. In order to have enough good items to sell, I needed to source more so I could turn down the low profit items and select only the profitable items. My accountant…
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