buying wholsale

paddyc

I was wondering... say i wanted to lok into buying wholesale from the UK, there are many websites offering this, with a view to selling it on ebay... would i have to be registered as a business to be shipping all this stuff over to Dublin... or can i just rock on as a no body ....

also has anyone ever done this type of thing?

thanks paddy

Gone West

No.
yes.
yes.

paddyc

cheers mate

what was your experince like on this, what were you ebaying? etc etc and is it worth while?


thanks paddy

Gone West

It depends on whether you have a head for business and have knowledge fo your product.
If you spot something on wholesale for 100 euro each in lots of 50, and you notice that they are being sold for 140 euro on ebay, it doesnt necesscarily make it worthwhile to do.
You have to deal with posting, packaging, tax/import duty, etc.

You should also keep a real close eye on how many items similar to the one you are dealing get sold every day in ireland on ebay.

I won't say what I was ebaying (I occasionally sell niche items, and am the only seller of same.)

It is worthwhile for me, as I make the item myself and production costs are about 10% of selling costs. I'd say give it a go with some smaller items you may have in the house first, then go for a larger score.

BrianD

Don't forget that you will have to declare any money made for income tax purposes.

BrianD

you might want to consider it. The Inland Revenue in the UK are turning their attention to eBay entrepeneurs. No doubt our friends in the Castle will follow suite.