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Ebay i saw Garmin350 navigation system at 30Percent lower price then store.How do this people get at this price.They do regular auction of it so what is source of purchase.I am interested to launch such kind of auction .specially in gps system,cell phones,computer. i need to get in touch with supplier .who can give me competitive prices.

2006-09-04 05:49:16 · 4 answers · asked by patelutp 2 in Business & Finance Small Business

4 answers

The mark up on merchandise in stores, can be as much as several hundred %. If you get a business license and become an outlet for certain merchandise, you can sell on line for much cheaper prices than a store because you don't have the overhead that a store has. Whoever sold this item, sold it for 30% less but made probably 150% more than a store could. You may not even need a business license, just a tax number.

2006-09-04 06:05:02 · answer #1 · answered by oldman 7 · 0 0

People get stuff on ebay from lots of sources. I've bought a lot of stuff fom stores that are closing for cheap, but don't have a steady supply or source....

2006-09-04 05:56:23 · answer #2 · answered by Anonymous · 0 0

Second hand, unlicensed, cheap knock-off, you name it. People are very resourceful!!!

2006-09-04 05:55:45 · answer #3 · answered by wildraft1 6 · 0 0

the item is probably stolen

2006-09-04 05:52:35 · answer #4 · answered by Jodeci 2 · 0 0

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