Finding Inventory For a Work At Home Moms Auction Business!
If you are interested in becoming an auction Wahm, you might be curious about where to get items to sell on eBay or one of the other popular online auction sites. Actually, there are a wide variety of choices for your auction inventory.
Each has different benefits and disadvantages. However, with so many options it is easy to find a method that works well for you and that can help you start a successful Wahm business.
The first, and most simple, method of finding things to sell in online auctions is searching the garage sales in your local area. Many people are not comfortable with selling online, or they do not want to take the time to do it.
You may find a lot of interesting and valuable treasures that can be sold for a nice profit. The benefit of this method is that your inventory can usually be purchased very cheaply. Try going to yard sales as they are ending and see if you can get a bulk deal to buy whatever the person has left for a flat fee.
Sometimes there will be items that will double or even triple your initial investment. You also have the benefit of being able to shop locally. You wont have to travel far to get the items that you need. Another similar option is to look for estate sales and auctions in your area.
On the downside, when you purchase inventory from yard sales, you really have to know what you are looking for. Sometimes this method works better if you are focusing on selling a specific category of items, like pottery or childrens toys.
If you have a category of items that you are familiar with, you will know how much you can afford to spend. You will also be able to spot deals when you see them. The other downside is that when you purchase items, you need somewhere in your home to store them before you sell them.
If you buy a lot of items and have to sort through them, your garage and spare room will fill up in no time.
Some people prefer to keep the inventory out of their homes and work with a drop shipper. Drop shipping companies have items that you can sell on auctions.
You list the items on the auction site, and then once the auction is complete, you arrange shipment with the drop ship company. You never have to have the product in your home, and dont have to worry about going to the post office a few times a week.
As a Wahm, the convenience of working with a drop shipping company can be a huge benefit. However, the profit margins of having the company do the shipping can be very small when compared to some of your other options.
When you obtain a business license you can order wholesale products from a company. Light bulk wholesale is the best option for most Wahms. These wholesale packages include from several hundred to a thousand dollars worth of product.
Light bulk wholesale can be delivered to your home and wont require excessive amounts of storage space. Selling from a wholesale lot means that you are in charge of setting your prices and can have more profit than you would by drop shipping.
You are also not at the mercy of a drop shipping company, who may deliver your items late and put your customer service at risk.
On the other hand, stocking your own inventory can be a bit overwhelming unless you are organized. You can easily get bogged down in getting the right items to the right buyers. You will also be responsible for going to the post office several times a week, and packaging the items yourself.
However, with a bit of preparation, the most successful auction site Wahms find that buying items in wholesale lots gives them the most control over their business and the best profit margins. If you are just getting started, try one of the other methods first and then work up to buying wholesale lots.
karl glantschnig
View all articles by karl glantschnig
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28,000 pieces Microprocessor NEW CPU $20 each AMD-K6-2+ 570MHZ Wholesale lot $616,000.00 |
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Whole Sale Lot Bike Bicycle Scooter Parts $1.35Million! $135,000.00 |
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18,750 Girls Capri Pants, Bulk Lot, Cheap, Wholesale Apparel, $93,563.00 |
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14,378 Stretch Twill Crop Trousers $4.60 ea. Bulk Lot, Wholesale Apparel, $66,139.00 |
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Men’s White Tube Socks (Wholesale Lot of 800 boxes, 15 dozen pair to a box) $60,000.00 |
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9,858 Stretch Twill Woven Shorts $4.60 ea. Bulk Lot, Wholesale Apparel, $45,347.00 |
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wholesale lot Women clothing 5,000 pcs dress tops Jeans S M L Plus Sizes $42,500.00 |
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Wholesale Lot of 9000 NEW Video Games MSRP $165,000+ Nintendo Wii XBox 360 DS $39,999.95 |
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7 CT Round Brilliant Whole Sale Lot G VS2 Loose Natural Diamond 10 pcs $35,099.00 |
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Wholesale Electronics Bulk Lot #2552669-020 $34,411.23 |
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Wholesale Electronics Bulk Lot #2552671-022 $31,140.14 |
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Jewelry Wholesale Lot RINGS EARRINGS BRACELETS $29,000.00 |
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4,217 Ladies Denim Dresses $6.50 ea. Bulk Lot, Cheap, Wholesale Apparel, $27,411.00 |
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6000 Mens Crew Neck Sweat Shirts $3,99 ea. Bulk Lot, Wholesale Apparel $23,940.00 |
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Wholesale Electronics Bulk Lot #2552664-015 $23,885.44 |
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Wholesale Lot 4000 pcs Clubwear Dress Lingerie S M L XL $21,249.15 |
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Wholesale Electronics Bulk Lot #2552674-025 $21,456.41 |
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10,000 PLAIN BLANK White GILDAN T-Shirts Heavy Cotton M L XL BULK LOT WHOLESALE $19,900.00 |
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Wholesale Electronics Bulk Lot #2552662-013 $18,217.71 |
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5CT Whole Sale Lot G VS2 Round Brilliant Loose Natural Diamond 10Pc 4.9mm Loose $17,919.00 |
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Lot of 100 Wedding Dresses Gown Couture Designer Maggie Allure Wholesale $50,000 $17,500.00 |
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WHOLESALE LOT OF 3,000+ Sealed Pro Wrestling DVDs (AUTOGRAPHED Included) $17,749.99 |
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5148.00 CT / 75 PCS WHOLESALE LOT NATURAL EMERALDS $15,000.00 |
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HUGE NEON SIGN PARTS INVENTORY WHOLESALE LOT CHEAP WOW! $15,000.00 |
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Wholesale Electronics Bulk Lot #2552676-027 $14,958.77 |
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Wholesale Lot of 20 HP XW8600 Workstations Quantity Heathcare Skid Pallet PC $14,899.99 |
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6500+ PC NEW Wholesale Bikinis Separates Swim Covers Lot S-XL Plus D Tops $100K+ $14,400.00 |
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Wholesale Electronics Bulk Lot #2552666-017 $14,169.33 |
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5225.00 CTS / 80 WHOLESALE LOT NATURAL RUBIES RUBY $14,000.00 |
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Sony REFURBISHED Electronics Huge Lot 8 Pallets Wholesale AS IS NO RETURNS $13,795.00 |
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Wholesale Electronics Bulk Lot #2552675-026 $13,562.07 |
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WholeSale LOT 21,000pcs Bulbs MR8 MR11 GU10 CHEAP!!! $13,376.07 |
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2,200 MEN’S CARGO SHORTS $5.99 each, Bulk, Lot, Cheap, Wholesale Apparel, $13,178.00 |
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4.5CT Round Brilliant Natural Diamond G SI1 Whole Sale Lot 9pc 4.9×4.9mm Loose $13,109.00 |
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WHOLESALE Bulk Lot 12 Samsung UN55EH6050 LED LCD HDTV IN BOX $12,700.00 |
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WHOLESALE Bulk Lot 14 Samsung UN46ES6150 LED LCD HDTV IN BOX $12,500.00 |
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Wholesale lot 60 neon signs GM Ford Mopar Coke Bud Mens Mancave Garage gameroom $12,000.00 |
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116.25 CARAT NATURAL ROUND BLACK DIAMONDS WHOLESALE LOT $12,000.00 |
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Wholesale LOT Brand NEW Burnham Tankless Boilers $11,999.00 |
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LOT 25 Brand New Blackberry Bold 9900 Unlocked Black 4G Wholesale $11,875.00 |
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Wholesale Lot of 100 Dell Optiplex 745 Dual Core 2.80GHz 1GB 80GB DVD XP Desktop $10,995.00 |
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5275.00 CTS / 95 WHOLESALE LOT NATURAL SAPPHIRES $11,575.00 |
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4CT Round Brilliant H SI1 Whole Sale Lot Loose Natural Diamond 8 pcs 4.9×5 mm $11,139.00 |
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Lot of 500 X New SanDisk 32GB Micro SDHC Class 4 Memory Card Bulk Wholesale $10,500.00 |
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WHOLESALE LOT: 5 boxes of about 489 various Motherboards REWORKED – 294 lbs $9,999.99 |
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Wholesale Lot Women’s Clothing Consignment Shop 250 Pieces $9,999.99 |
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LOT 500 WHOLESALE AFRICAN ELEPHANT HAIR BRACELETS GOOD LUCK LUCKY JEWELRY $10,000.00 |
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WHOLESALE LOT 200 BOLTS OF FABRIC WITH FREE SHIPPING $9,999.99 |
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Wholesale Halloween Party Supply Inventory Lot Decorations Costumes Party $9,900.00 |
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Wholesale Lot of 20 HP Z400 Workstations Liquidation Sale Quantity Pallet Skid $9,899.99 |
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Wholesale Lot of 20 HP XW4600 Workstations Quantity Pallet Overstock Computers $9,899.89 |
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WHOLESALE Bulk Lot 18 Samsung UN40EH5050 LED LCD HDTV IN BOX $9,600.00 |
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11R22.5 Michelin Recap Used Tire-Wholesale lot of 100 $9,500.00 |
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WHOLESALE Bulk Lot 8 SHARP LC-60C6400U LED LCD HDTV IN BOX $9,400.00 |
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wholesale lot 1000 pcs dress tops Jeans junior S M L $8,499.15 |
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WHOLESALE 5 KILO+ LOT NATURAL AFRICAN RED RUBY GEMSTONE $8,999.00 |
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CLOSE-OUT OPPORTUNITY WHOLESALE LOT OF ART PRINTS 300 EDITIONS 300,000 PIECES $9,000.00 |
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E BAY STORE CONTENTS FOR SALE RETAIL FAN APPAREL AUTOGRAPHS WHOLE SALE LOTS $7,500.00 |
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Wholesale Lot of 20 Dell Precision T7400 Workstations Medical Computers Skid $8,899.99 |
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7,000 Baby Full Sleeve Stone Print Shirt $1.25 ea. Bulk Lot, Wholesale Apparel $8,750.00 |
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Wholesale Lot of Designer Jeans BRAND NEW! James, Red Engine, Joe’s, Antik 190+ $8,500.00 |
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2CT Round Brilliant Cut G VS1 Diamond Whole Sale Lot Natural Loose 4pc 4.9 mm $8,512.00 |
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Kids/Children designer wholesale large lot 1558 items 70% OFF retail $8,484.00 |
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Wholesale Lot Water Laboratory Test Equipment HF Scientific Photometers $380k $8,232.00 |
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Wholesale lot for HAND MADE flip flops NEW Women Men Kid’s Sandal 1484 pairs NEW $8,159.20 |
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Wholesale Electronics Bulk Lot #2552651-002 $8,096.76 |
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Wholesale Electronics Bulk Lot #2552661-012 $8,096.76 |
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Wholesale Electronics Bulk Lot #2552673-024 $8,096.76 |
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Wholesale Lot of 450 GE Fluorescent T5 Ballasts GE254MVPS90F42 Clearance Priced $7,704.00 |
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3.78CT Whole Sale Lot Round Brilliant Diamond Natural Loose E VS2 18pcs 3.7mm $7,445.00 |
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LEXAN ® 500 SHEETS 4FT X 8FT WHOLESALE LOT 12201 $7,000.00 |
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Wholesale Lot 1000 pcs Clubwear Dress Lingerie S M L XL $6,715.00 |
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Wholesale lot of Used tires $7,040.00 |
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HOMELITE MEGA WHOLESALE LOT CHAINSAW PART LAWNMOWER GENERATOR WATER PUMP TRIMMER $7,000.00 |
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Lot Of Uncle Mike’s Holsters Wholesale NR Gun Ammo $6,999.99 |
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1000 Pound Huge Wholesale Lot .999 Fine Copper Bullion Bars 21 styles Free Ship $6,899.99 |
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Wholesale Lot of 20 Dell Precision T5400 Desktop Computers Pallet Liquidation $6,899.99 |
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Wholesale Electronics Bulk Lot #2552653-004 $6,882.25 |
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Wholesale Electronics Bulk Lot #2552665-016 $6,882.25 |
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Wholesale lot of Cell Phone Accessories -Home/Car Chargers, Cases, Covers & More $6,799.99 |
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Wholesale Lot of 25 NEW ICON EMPLOYEE TIME SYSTEM $6,750.00 |
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Wholesale Lot 500+ NEW Aluminum Windows, Awning and slider, Clear and Opaque $6,745.00 |
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2.42CT Whole sale Lot Round Brilliant Loose E VS2 Diamond 8pcs 4.2 X 4.2 = 2.7mm $6,734.00 |
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WHOLESALE Bulk Lot 15 Sony KDL-40BX450 LCD HDTV IN BOX $6,600.00 |
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Wholesale Lots: Encoders, PLC Output, Counters & Sensors NIB ($18,097.50) $6,500.00 |
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2 CT Round Brilliant Loose Natural Diamond G SI1 Whole Sale Lot 4pc 4.9mm $6,199.00 |
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WHOLESALE 140 WATT 12 VOLT SOLAR PANEL LOT – 20 pcs $6,079.00 |
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WHOLESALE 140 WATT 12 VOLT SOLAR PANEL LOT – 20 pcs $6,079.00 |
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Wholesale Lot of 50 Dell Optiplex 745 Dual Core 2.80GHz 1GB 80GB DVD XP Desktop $5,495.00 |
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Wholesale Lot Women Clothing high quality one size Made in Paris, Milan and NY $5,999.00 |
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EBAY STORE INVENTORY IN BULK WHOLESALE LOTS FOR SALE!!! $6,000.00 |
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LOT 1526+ items below wholesale Womens Clothing Business retail $75,000.00 NEW $6,000.00 |
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LEATHER GERMAN ARMY ARTILLARY PICKELHAUBE HELMET WW1 WHOLESALE LOT OF 100 $5,999.95 |
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Wholesale Lot of 20 HP XW8200 Workstations Pallet Skid Healthcare Overstock Qty $5,899.99 |
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Lot of 250 X New SanDisk 32GB Micro SDHC Class 4 Memory Card Bulk Wholesale $5,750.00 |
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*NEW* XBOX 360 Kinect & Adventures Bundle 4 GB *Lot of 20* WHOLE SALE $5,680.00 |
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5180 CTS/636 PCS WHOLESALE LOT TOP QUALITY FINEST GREEN NATURAL EMERALDS $$$$$$$ $5,599.20 |
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2.35CT Round Brilliant Cut G VS1 Natural Diamond Whole Sale Lot 8pc 4.2mm Loose $5,558.00 |
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Netgear Wireless G Router WGR614 – LOT OF 500 UNITS – WHOLESALE !!!! $5,499.00 |
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Wholesale Electronics Bulk Lot #2552670-021 $5,489.61 |
