Selling off Ebay inventory - Where to sell??

Discussion in 'Ecommerce Forum' started by elliot986, May 1, 2019.

  1. elliot986

    elliot986 UKBF Newcomer Free Member

    15 0
    Hi all,

    I am looking to sell off my ebay 'business' inventory.

    I currently have around 45k of stock (selling price) I am looking to sell off.

    I dont really have the time to commit anymore to it. I have another business which is taking up my time which I want to solely focus on.

    The stock is a mixture of items mainly used laptop parts. I have it stored in a unit which I want to get rid of also.

    The stock will provide someone with a decent ROI over the next year.

    Does anyone know where to sell? These 'excess inventory' companys will give me nothing - it would be perfect for someone with a bit of cash sitting around looking to get a little side hassle going.

    Anyone know where I can advertise?
     
    Posted: May 1, 2019 By: elliot986 Member since: May 29, 2018
    #1
  2. Mr D

    Mr D UKBF Legend Free Member

    14,430 1,573
    ebay.
     
    Posted: May 1, 2019 By: Mr D Member since: Feb 12, 2017
    #2
  3. Clinton

    Clinton UKBF Big Shot Full Member

    4,077 1,446
    Selling price is irrelevant.

    Anyway, check out ibidder.com
     
    Posted: May 1, 2019 By: Clinton Member since: Jan 17, 2010
    #3
  4. Pish_Pash

    Pish_Pash UKBF Ace Free Member

    2,379 604
    I should imagine anyone with an ounce of nous, is going to want to know what you paid (not what you say it can be sold for) & when you bought it (tech depreciates outrageously fast ...true of laptop parts I'm sure)...then you're going to have to decide what type of a haircut you're going to take on this stockpile ...it screams grief for a potential buyer (lots of little widgets, with uncertain value/demand ...heaps of time consuming & intricate listing work ....for coppers?)
     
    Posted: May 1, 2019 By: Pish_Pash Member since: Feb 1, 2013
    #4
  5. elliot986

    elliot986 UKBF Newcomer Free Member

    15 0
    I would be looking at taking around 12k for the lot. The stock is mainly screens, keyboards & base plastics.

    Not 'lots of little widgets'.

    I sell around £200 a day of the stock. I just want rid in one go if possible.
     
    Posted: May 2, 2019 By: elliot986 Member since: May 29, 2018
    #5
  6. Clinton

    Clinton UKBF Big Shot Full Member

    4,077 1,446
    You're still talking "selling price".

    What part of my last post did you not get?

    You think it makes a good pitch to talk the selling price because it's a bigger number and more likely to impress wannabe buyers? You're wrong. You'll just end up p*ssing them off! The kind of person interested in buying bulk / stock isn't remotely interested in your crap selling price.

    You need to think cost price. Yes, the price you paid. But don't stop there. Now think a fraction of that cost price. Now you're in the right ball park (if you're lucky enough to find a buyer).
     
    Posted: May 2, 2019 By: Clinton Member since: Jan 17, 2010
    #6
  7. pentel

    pentel UKBF Regular Free Member

    397 65
    so 60 days and you have your £12,000 the rest sell to your "excess inventory" company for nothing and hey presto everything you are after....

    It will probably take longer and you would probably get less going down any other route...
     
    Posted: May 2, 2019 By: pentel Member since: Mar 12, 2011
    #7
  8. Mr D

    Mr D UKBF Legend Free Member

    14,430 1,573
    You may well have to accept a major discount to shift the stuff in bulk - perhaps 50 percent or less of cost price.

    200 a day is irrelevant - someone else selling may choose different pricing, even different methods of selling.


    And the buyer has to factor in the costs of selling - and the cost of tying up money.

    If you can get 12k for it great. Ŵhen I saw your initial post about it I was thinking maybe 3 or 4 grand tops.
     
    Posted: May 2, 2019 By: Mr D Member since: Feb 12, 2017
    #8
  9. Pish_Pash

    Pish_Pash UKBF Ace Free Member

    2,379 604
    & how much of that is your (estimated) net profit?
     
    Posted: May 2, 2019 By: Pish_Pash Member since: Feb 1, 2013
    #9
  10. elliot986

    elliot986 UKBF Newcomer Free Member

    15 0
    I see. Last year the account do 80K turnover with £23K net profit.
     
    Posted: May 2, 2019 By: elliot986 Member since: May 29, 2018
    #10
  11. Clinton

    Clinton UKBF Big Shot Full Member

    4,077 1,446
    LOL. It's like speaking a different language.
     
    Posted: May 2, 2019 By: Clinton Member since: Jan 17, 2010
    #11
  12. Mr D

    Mr D UKBF Legend Free Member

    14,430 1,573
    so basically buying a job for a short time.
    yeah, think my estimate was pretty close as to value.
     
    Posted: May 2, 2019 By: Mr D Member since: Feb 12, 2017
    #12
  13. MY OFFICE IN CHINA

    MY OFFICE IN CHINA UKBF Big Shot Full Member

    4,114 827
    You will be lucky to get 10% of your cost price.

    My advice is to spend a week on sites that offer to buy 'job lots' and take the best offer, whatever it is.

    The other option is to continue selling . . . . . .
     
    Posted: May 2, 2019 By: MY OFFICE IN CHINA Member since: Nov 16, 2011
    #13
  14. kulture

    kulture UKBF Legend Staff Member

    7,893 2,147
    I suspect that your best bet is to halve your prices and continue selling. That way you will clear out your stock fast and get more money than if you tried to sell as a job lot.
     
    Posted: May 2, 2019 By: kulture Member since: Aug 11, 2007
    #14
  15. elliot986

    elliot986 UKBF Newcomer Free Member

    15 0
    Ok cheers guys. Thanks for all the responses!
     
    Posted: May 3, 2019 By: elliot986 Member since: May 29, 2018
    #15
  16. Page

    Page UKBF Big Shot Free Member

    3,561 266
    £200 a day - just keep on selling it and not buying more - that is 1K a week nice enough

    It will start slowing down and then what I would do is contact other ebay sellers of your type of stuff and sell to them as a job lot
     
    Posted: May 4, 2019 By: Page Member since: Jul 28, 2007
    #16
  17. Stedurham

    Stedurham UKBF Regular Free Member

    311 44
    I bought some bulky items like this recently to sell through a retail shop I have. We paid 20p in pound and took the lot all in 2 days, 2 wagons and by time we sorted it, did stock checked it all worked discriptions etc out. Gotnit ready to retails with prices etc.sorry to say but I over paid. The time it took was probably weeks longer than I thought. You won’t get anywhere near the price you paid why would you. Someone would just buy from wholesaler, also some items will not be worth even what we paid. We have about 1k worth still left year later really worth over 5k retail, most will end up in skip to clear place up
     
    Posted: May 11, 2019 By: Stedurham Member since: May 11, 2018
    #17
  18. MY OFFICE IN CHINA

    MY OFFICE IN CHINA UKBF Big Shot Full Member

    4,114 827
    5% of the cost price is the norm for parcels (and that's being generous).

    If you can get 10%, bite their hands off!

    Or keep selling . . . . . . .
     
    Posted: May 12, 2019 By: MY OFFICE IN CHINA Member since: Nov 16, 2011
    #18
  19. Stedurham

    Stedurham UKBF Regular Free Member

    311 44
    5 wow I need to buy from them places would have had 3 years off at that rate
     
    Posted: May 12, 2019 By: Stedurham Member since: May 11, 2018
    #19
  20. MY OFFICE IN CHINA

    MY OFFICE IN CHINA UKBF Big Shot Full Member

    4,114 827
    5% is what the parcel buyers would buy in at, not what they would sell to you at.

    They are large companies that buy all redundant/excess stock and have millions to invest. It's not your average retailer.
     
    Posted: May 12, 2019 By: MY OFFICE IN CHINA Member since: Nov 16, 2011
    #20