Friday, 21 August 2009

Buy Cheap Import Gadgets And Sell On

Buy Cheap Import Gadgets And Sell OnImage via Wikipedia

A moneymaking idea that a friend told me about certainly makes him money, but it is not for everyone. You have to be a certain kind of person to be successful at it. It involves selling catalogue goods to friends and family, but not in the capacity as an agent but from buying stock himself and selling these on.

It is a simple process of buying stuff wholesale he thinks that will sell and making a profit from that. It is usually cheap gimmicks, widgets and gadgets more often made in China or Hong Kong.

He surfs eBay for ideas and sometimes buys from there, but sometimes just gets the contact form there and deals direct.

Like I said it is not for most people as firstly you need a little investment in the goods and secondly you need a good social circle to work from. My friend has the personality that has brought him countless friends both socially and in his workplace, in fact most of his business is done through friends at work.

He makes a tidy profit from this and there isn’t that much work involved other than telling people what’s new. Many buy off him because you can’t get the stuff in the shops and they are ideal gifts for birthdays and presents. Lots of other people must work with lots of other people and can quite easily set up something like this. It may sound like a Del Boy from Only Fools and Horses vocation, but it works very well if you get some unique novelty gadgets.

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