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Making Money With Resale Rights |
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Submitted by Daren Puente
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Do you believe that you can make money-selling product, when you do not have the initial capital to buy the products that you intend on selling? How can someone possibly get product for free to sell on the web and make money? The answer does not require a PHD to figure out, going wholesale is the way to do this. When wholesale comes to mind the first thing mentioned is resale rights.
The basic idea behind the resale right is for you to find out exactly what it is you plan on selling first and foremost, this will be your plan of action. Then you will need to have a place for you to sell the said items, this can be done on Internet auctions such as ebay. You may also run the business out of your home without the said auction sites. You will not be a sole business person in this endeavor however, as you are going to need the product to sell. This is where the wholesaler comes into play. When you can prove the business id and the proof of the ebay account you can easily get an account from the wholesaler to receive goods from them to sell online.
How this works is quite simple, you place the product on the market and set up the sale. This then will be sent to the wholesaler for approval, once you get the approval of the sale it shall commence. The likelihood of you having the space to keep a large amount of the product in your home, of course depending on what you are selling. There is the possibility for you to have your stuff stored at the very place that you have purchased from. This no doubt ably will come at a cost, it will be minimal however as the product is already there in the first place. This will be on more of a percentage basis than a fee or charge. If you think about it you are buying from a wholesaler anyhow, spending a little on storage by way of a percentage is a small price to pay. It would cost you far more to rent out space to store the goods that you are selling.
So when you sell the product to a client, you will in turn pay for the goods sold, pay the percentage for the storage and what ever is left belongs to you. This is an excellent way for you to develop a great relationship with the wholesaler, and get a business off the ground and successful. So as you can see, getting on the resale right bandwagon is clearly the way to go when starting a new Internet sales business.
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LinkedIn Recommendation:
 John Alderman - Strategic Advice Consultant for business and individuals - Teo is a master at building business-to-business 'social' networking systems for the Internet. His vision for the business networking community (e.g. Chamber of Commerces) is exactly what that market needs to serve their members effectively. - August 16, 2008, John was with another company when working with Teo at Net-Teams, Inc. |
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