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ITT: People who are familiar with ebay/online product sales

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Thread replies: 12
Thread images: 6

File: ebay.jpg (32KB, 950x534px) Image search: [iqdb] [SauceNao] [Google]
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ITT: People who are familiar with ebay/online product sales

Well /biz/, I've come up with a scheme. I've recently come across a number of chinese websites that are selling various products for very, very cheap with 100% free shipping due to e-Packet. My idea is to make an ebay store and offer their products at price hikes of around 3-5$. I would initially sell them to friends/other people I know personally until I can generate enough buzz/ebay rep that randoms start buying from me. Due to the fact that I have fuck all starting capital (about 40$ in my bank account & unemployed, recently moved and applying for jobs like fuck but my current status as a high school dropout isn't making that easy.) and also because it would put my risk at basically 0%, I thought I could put the products up on ebay without actually purchasing them in bulk from the chinese merchants. Instead, once I've received payment for an order, I would just go an order however many of that product directly from the chinese and have them ship it to my customers address.

My questions to /biz/ are as follows:
Does this sound like a decent idea? Are there any issues that you see with it?

Could I potentially get in any kind of legal trouble if the chinese merchants somehow figured out what I was doing and went to chinese/international authorities?
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going to bump with random pictures
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bumpa bumpa bumppp help me out /biz/
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Bump for interest
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>>987388
This is a slow ass board. Why u bumping so much nigga?
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>>987370
So you plan on drop shipping on eBay. This can be difficult. Most Chinese suppliers offer low prices for bulk ordering and can take up to 20 days for delivery.
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You've come up with one of the oldest eBay schemes that everybody and their grandma has been doing for years in this oversaturated market? Congrats
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>>987400

to be honest, this is my first time posting on /biz/, I've been a frequenter on other boards for going on 7 years now but I'm completely unfamiliar with this one

>>987405
So this is something other people have done before? Most of the stuff I'm looking at is being sold per unit at 5-7$ and their bulk discounts are usually only 5%. I will probably be upfront that the items are shipping from china so potential customers will be aware of the expected shipping times.
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>>987407
I'm a high school drop out with absolutely no formal education in business or economics or previous experience with ebay selling, obviously not looking for praise for my entrepreneurial genius lol
Thread posts: 12
Thread images: 6


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