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eBay Business

Discussion in 'General Business Forum' started by Beav, Sep 14, 2018.

  1. Beav

    Beav UKBF Contributor Free Member

    89 5
    Hi guys,

    I am currently contacting many potential suppliers for a new ebay business. I have been asked to fill out certain forms for the suppliers with my what would be business details (nothing has been setup yet).

    What would be the best way to go about registering as an ebay business in the UK?

    Is there anything I should be aware of as stock will be coming to my house and stored here whilst I am starting out.

    Thanks for reading,
    Beav
     
    Posted: Sep 14, 2018 By: Beav Member since: Apr 30, 2018
    #1
  2. MBE2017

    MBE2017 UKBF Regular Free Member

    417 77
    Your potential suppliers simply want to know your details, are you a BM or internet business, take a look at any website, and help them decide on what matters to them.

    They will want to know whether they wish to sell to you, credit limits, is there a local conflict with other clients of theirs, and of course how you plan to sell such items, many suppliers dislike ebay for various reasons. Do they ask for personal guarantees, or more likely cash with order. All normal questions anyone should be asking when looking at a client.
     
    Posted: Sep 16, 2018 at 5:33 PM By: MBE2017 Member since: Feb 16, 2017
    #2
  3. Beav

    Beav UKBF Contributor Free Member

    89 5
    Thanks for the reply.

    I am not actually after a credit account at this point just the opportunity to buy multiple items at a lower rate to keep me competitive :)
     
    Posted: Sep 16, 2018 at 5:51 PM By: Beav Member since: Apr 30, 2018
    #3
  4. Mark T Jones

    Mark T Jones UKBF Enthusiast Free Member

    2,032 539
    In response to your last question, the answer might lie in the deeds or in your tenancy agreement

    You also need to look at practicalities such as access, security and insurance.
     
    Posted: Sep 16, 2018 at 5:51 PM By: Mark T Jones Member since: Nov 4, 2015
    #4
  5. Beav

    Beav UKBF Contributor Free Member

    89 5
    I do have permission for an internet based business as I obtained this when setting up my drop shipping shopify store. Problems only occur if the business involves noisy machinery etc.

    If I manage to get something together and steady sales I would like my own small warehouse/storage unit to start with as well.
     
    Posted: Sep 16, 2018 at 6:00 PM By: Beav Member since: Apr 30, 2018
    #5
  6. MBE2017

    MBE2017 UKBF Regular Free Member

    417 77
    I appreciate that, I was suggesting why they are asking such questions.
     
    Posted: Sep 16, 2018 at 8:56 PM By: MBE2017 Member since: Feb 16, 2017
    #6
  7. Mr D

    Mr D UKBF Legend Free Member

    9,032 912
    Just be aware that some places won't deal with you because of where you sell. Shrug and move on to another supplier.
    There's always others out there.

    There's a growing trend (well I've noticed it and I'm dim) to limit or block sellers selling on 3rd party sites.
     
    Posted: Sep 16, 2018 at 9:01 PM By: Mr D Member since: Feb 12, 2017
    #7
  8. Beav

    Beav UKBF Contributor Free Member

    89 5
    Will keep trying. I have looked at the way people buy second hand from car boot sales etc and resell but with working a day job to its quite hard to get out to these all the time hence looking for wholesale/brand new product suppliers.

    I have been looking at buying return pallets from places like Amazon. Yes you do gets bits of rubbish but from what i've seen people seem to make a profit from each one from a couple of larger items. Only concern is I am currently in a residential property so I would need to break the pallet down outside, lol.
     
    Posted: Sep 17, 2018 at 8:07 AM By: Beav Member since: Apr 30, 2018
    #8
  9. Mr D

    Mr D UKBF Legend Free Member

    9,032 912
    We used to store pallets at side of house by bins for a few weeks then sell them.
     
    Posted: Sep 17, 2018 at 9:57 AM By: Mr D Member since: Feb 12, 2017
    #9
  10. Beav

    Beav UKBF Contributor Free Member

    89 5
    Just need to find a reputable place to purchase them in the UK.

    I may find it very hard to sell certain bits as im based solely online. I know some resellers with small bricks and mortar stores put some of the cheaper items in a £1 basket for example.
     
    Posted: Sep 17, 2018 at 10:30 AM By: Beav Member since: Apr 30, 2018
    #10
  11. Mr D

    Mr D UKBF Legend Free Member

    9,032 912
    Its easy enough. Just don't try selling yourself too cheap.
    I've some freebies I had from a company that should go in a £1 basket, putting them on ebay later today for £2.75. Large letter post and weight will be under 100g most days when they sell / if they sell.
     
    Posted: Sep 17, 2018 at 10:37 AM By: Mr D Member since: Feb 12, 2017
    #11
  12. Beav

    Beav UKBF Contributor Free Member

    89 5
    Nice :)

    I have been looking at bulk buying from certain sites to but with being new I don't want to buy 50 Ethernet cables for example and can't shift them. Almost better to buy quantities of 5 for different products to see which sells best :)
     
    Posted: Sep 17, 2018 at 5:26 PM By: Beav Member since: Apr 30, 2018
    #12
  13. Mr D

    Mr D UKBF Legend Free Member

    9,032 912
    Yes, buying in higher quantity can get cheaper price but sometimes you have to figure out if its worth the risk. Can end up with stuff that shifts ….. very …. very … slow.

    I saw an item recently, £6.50 each or £5.65 if I buy a carton of 18. They used to sell really well, 4 years ago when I last have reliable sales data. At £16.99 retail with free delivery.
    Doesn't mean the same level of sales these days. So may order them closer to Christmas and try say 3 of them.
     
    Posted: Sep 17, 2018 at 5:32 PM By: Mr D Member since: Feb 12, 2017
    #13
  14. Beav

    Beav UKBF Contributor Free Member

    89 5
    I have found a website which will allow me to order 5 of a certain product rather than minimum order of 50. :)
     
    Posted: Sep 17, 2018 at 5:34 PM By: Beav Member since: Apr 30, 2018
    #14
  15. OMGVape

    OMGVape UKBF Regular Free Member

    103 10
    I’ve been an eBay seller for 16 years.

    Whatever products you are looking for, have a search on eBay to see what others are selling them for.

    Take the Ethernet cables you mention. You will find they are being sold by sellers in China at prices so low you will wonder how they do it.

    You will notice that the best deals are the ones which get to the top of the listings, if you can’t compete with them, your listings will rarely get seen.

    Never forget that when you find wholesale suppliers, 100’s of other sellers are doing the same.
     
    Posted: Sep 17, 2018 at 6:16 PM By: OMGVape Member since: Jan 21, 2018
    #15
  16. Mr D

    Mr D UKBF Legend Free Member

    9,032 912
    Your listings will still be seen.

    Helps to have your stuff appear in best match of course but it won't always. And still get sales.
    People use all sorts of filters.

    Yes lots of wholesale suppliers can sell the same thing. Unless the market is over saturated then stuff reasonably priced can still sell.

    I'm a laid back kind of seller, I don't care if it takes a year to sell the majority of the stock. Others can be in more of a hurry and push to get sales rather than profit. Or compete with some kid accessing his father's contacts for pallets of cheap stuff sent from China to individual buyers.
     
    Posted: Sep 17, 2018 at 8:48 PM By: Mr D Member since: Feb 12, 2017
    #16
  17. alan1302

    alan1302 UKBF Regular Free Member

    119 21
    I think on eBay you can sell things too low and appear too cheap - we often sell items on there that are the same as other sellers but are priced higher.

    You also don't want to price items so low it costs you to sell...you often do see that on eBay.
     
    Posted: Sep 17, 2018 at 9:02 PM By: alan1302 Member since: Jun 2, 2018
    #17
  18. Mr D

    Mr D UKBF Legend Free Member

    9,032 912
    Sometimes its necessary to dump stuff for what you can get.
     
    Posted: Sep 17, 2018 at 9:05 PM By: Mr D Member since: Feb 12, 2017
    #18
  19. alan1302

    alan1302 UKBF Regular Free Member

    119 21
    Yes, very true - but if the selling price doesn't cover postage, eBay and PayPal fees it's not worth doing.
     
    Posted: Sep 17, 2018 at 9:17 PM By: alan1302 Member since: Jun 2, 2018
    #19
  20. Mr D

    Mr D UKBF Legend Free Member

    9,032 912
    Oh yes has to cover that. And more.
    Sadly maths appears not to be taught very well in some schools.
     
    Posted: Sep 17, 2018 at 9:27 PM By: Mr D Member since: Feb 12, 2017
    #20