Things You Can Buy and Sell for Big Profits
I’m a newbie on this forum. I think its great, welldone admin!
I want to start an online shop business from home, I would like to know of any single thing on demand that can be bought and re-sold for profit. Please reply to this post noting any item or product (maybe with a website).
Pretty much anything can be resold for profit, how much profit you want to make however is a whole other story, the majority of items that can be resold for large amounts of profit are probably already being sold by loads of other online shops and those that arent i doubt people would be willing to share that info.
Ever thought about producing something yourself to sell? that is a brilliant way of keeping costs down and maximising profit.
thanks mattcaulfield, im looking for one product thats buzzing at the moment. thanks for your info though
Whats hot now might not be hot in 3/6/9 months time so you’ll be back to square one in no time.
The best salespeople are passionate about their product or service. Do you have access to a product or service that you are passionate about that is also in demand?
Think longterm and you’ll end up better off than thinking get-rich-quick
Glenn Watson Business Consultancy @ Inzvestor
That’s good advice there Brojoe. Anything that’s hot right now (iPod Nano, The Roboraptor, etc) is going to be bought at such fiercely competitive prices by the big names (imagine the buying power of John Lewis, Amazon etc) that you could struggle to make even a few pennies per item. If you go for items with some longevity to them, the benefits will soon become clear once the Roboraptor is no longer the must-have-toy!
thanks guys for your advice, this forum is really useful, in fact I have just changed my mind about this whole thing. I am just looking along the lines you have said…. in fact I know a store nearby me that sell rare crafts with no website, we might strike a deal, i buy them from them and sell them. cheers!