Fellow Internet Trader,
I've been a member of many wholesale directories for the past few years and absolutely hate them. I'll explain why below.
First of all though I'll introduce myself. My name is Matt & I have been trading on the internet (mainly eBay) for about 7 years now, and have enjoyed phenomenal success. I first started trying to find items that sold well, trying to locate wholesalers to work out what the profit would be, and then if I could make any money. It was a tricky thing to do with no obvious answers. One of the biggest problems facing anyone wanting to start their own business, either to become financially free, or to build a second income, is finding wholesale stock to sell from decent wholesalers. The place most people turn to search for wholesaler goods are internet search engines such as Google and Yahoo. What you come across a fair bit is wholesale membership sites.
If you find a wholesale directory I've probably been a member of it! I got a tip off from a fellow powerseller on eBay about one called Esources.
I've never normally been a fan of wholesale directories as most of the wholesale prices listed are simply not competitive when your selling on eBay, and there is just no money to be made. (Not to mention dozens of other things.) You just end up buying items wholesale, then when you sell them on eBay half the time you just get back what you paid for it.
So you can guess what my thoughts were when I had this tip from a fellow powerseller about Esources wholesale directory. The only reason I took a look is because he's also a friend and when he's given me advice before he's been dead right.
I took a look and it seemed like it would probably have much better content and wholesale prices than the other ones I've joined. However I've done this so many times now, I feared that all I would be doing is wasting money again.
A few days later I got an email from my friend saying he was trying to locate some wholesale restaurant supplies, but couldn't find any so he emailed Esources and asked them about it, and they got back to him with a supplier and a really good wholesale price. He's selling it now on eBay and it's making him £500 a week profit after the eBay selling fees.
After having heard of his great success, I decided to take another look at Esources wholesale directory. As I've already said, just from looking at Esources front page it looked like it actually might be worth joining, and although it was £97.00 it was just a one off payment, then your set for life. However if you just want to try it out for a while, you can also take out a cheap subscription for only £9.99 a month.
So is Esources any good?......
I was very pleasantly surprised! Esources wholesale directory has the best directory of wholesalers I've seen out of all the sites I've ever been a member of. Personally, I started selling wholesale jewellery brought from wholesalers located in China. The wholesaler I actually used only had a minimum order of one so I didn't need to spend thousands of pounds buying stock up front.
Their website is updated every single day, so I never have the problem of half the wholesalers no longer being active, and the links not working anymore. They also have a very good support system, this is a first time in my experience where you can ask them anything and they will answer your question in a prompt, and friendly manner.
You also get a list of top secret dropshippers. Dropshipping is where you don't even have to handle stock. You list on eBay or your website, someone buys, you inform the dropshipper of the buyers details, and then they send it to the buyer. This is really useful if you don't have much room to store stock. You also get a step by step guide to selling on eBay. Also if your after wholesale salon equipment, or wholesale candles, you will be very pleased with the selection Esources has to offer. (Let alone the prices.)
They have 100's of categories of wholesale goods, and if you can't find what your looking for then just ask them, and they'll find a wholesaler that can sell the product your looking for, and let you know! (It really doesn’t get much easier then that, haha.)
In my years of learning how to make an income online I've read many things. I don't know if you've read the book Rich Dad Poor Dad but there's some information in there which is really good if you apply it. Basically if you're going to invest an amount of money, then that expence should be providing you more money then you first spent as a profit. Esources is one of those things where this works. It costs £97.00 to join, and within 10 days of being a member I'd already made £225!
I joined Esources in March 2007. Now I'm not trying to show off, but this is just an example of what you can do if you know how to do it! During July I've made £2500 from selling on eBay. Heres a shot of my Paypal account for September:
You can see in September alone I've taken over £5000. That's an average of £1150 a week. (Over 12 times what I paid to join! and in just 1 week!) Esources also has several good articles and courses for free which help you to start your eBay business, as well as the eBay Business Handbook included free with the lifetime membership.
Have you read stories of people who now make a full time living from eBay and talk about how nice it is not to have to work for a boss, even though they now put in 12 hour days just to keep their business going? Why have they made it that difficult?! I'll show you below how I make £2500 a month from only a few hours a day.
I'd recommend Esources to anyone who wants to have a second income. Just think, I'm earning £2500 a month now, that's well over 250 times as much as the current Esources membership cost each month! It's done me quiet well.
Like me you'll probably not want to spend any money on a wholesale membership site without knowing if you'll make a return. As I said before, with most wholesale directories you will find that the wholesale price is already what it sells for on eBay. I'll show you now how easy it is to get to £2500 a month, which is £30,000 a year (a figure most people would feel very comfortable earning) from Esources and hardly spend any time doing it.
Go to the Esources site from the link above. Search for radio control cars, there are 20 wholesalers selling rc toys, and in the product offers you'll find a number of rc toys ranging between £10 and £15 wholesale. So how much is that going for on eBay? Have a look below.
Car 1 sold by max010503 a powerseller. Click here to view his auction
Car 2, sold by the same Esources wholesaler. Click here to view this auction
As you can see it has sold at £24.95 which is more or less £10 profit at a time, and still half what you paid for it. If you purchased a lifetime membership to Esources at £97.00 it would take you only 10 sales of this car to be in profit, and this is with just one product! Both auctions above are from the same seller who sold 27 of these in August, that's around £270 profit from just one line of products. If you were to locate just 10 lines that perform the same (which should be easy out of Esources over 600,000 listings) that would mean an income of £38,880 a year. It makes you wonder why on earth people do normal jobs.
So whats stopping you from doing the same? Well, you know the theory. All you need is the stock to sell. That's why I recommend Esources. It has all the things all in one place that you'd never find by searching, no matter how long you spent, trying to find yourself. You can join for life and make the fee you paid back in no time, then be on to make £25000 a year, £50000 a year, as much as you like. It's limited only by the effort you want to put in.