than what I paid, but slightly lower than your average shop price? Is that legal? can people do that? would it work? do people buy stuff like that?
2007-08-18 04:19:35 · 9 answers · asked by Anonymous in Consumer Electronics ➔ TVs
TVs are just an example lol
2007-08-18 05:29:41 · update #1
Of course, I "almost" do that. except Amazon takes about 8 percent for LCD' TVs, that can eat up your entire margin (it would kill my margin)(margin is your profit). If you make a habit out of it, and sell within your state then taxes become an issue. You will need a relationship with a good freight company as well. Any big TV will have to ship via freight (not necessarily UPS and FedEx ).
2007-08-18 04:27:57 · answer #1 · answered by Cliffrock 2 · 1⤊ 1⤋
I have to respectfully disagree with the last two respondents. It's almost always a good idea to let the bank help you leverage your investing abilities. The strategy given above is too conservative and puts after taxed dollars into a property which further reduces the tax advantages of owning investing property. Fix n flip strategy is a viable option, but carries a lot of risk in a cooling market. If you want to go down this route, I would suggest that you find a property that would have alot of equity or value if it were fixed up (or even torn down!). Negotiate a purchase price and sell your contract to a rehab specialist or partner with a rehab specialists. Regards
2016-05-22 02:23:28 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Of course you can. It's called 'trade'. You form yourself into a one-man company, register with Companies House as a Limited Company. You then buy your TV sets from a wholesaler or get them from a factory shop, and sell at a marked up price but one which is still lower than those in the shops.
Free trade, it's called. Nothing wrong with that.
2007-08-18 04:33:52 · answer #3 · answered by Dragoner 4 · 1⤊ 1⤋
within reason you can charge what you like for the televisions but bear in mind that your goods have to be of merchantable quality. although you personally have no legal obligation to provide a gaurantee legally you do have to take care of matters should anything go wrong against the manufacturers gaurantee (assuming the goods are new). if they are not then (although again there is no legal obligation on your part) usually 3 months gaurantee suffices-if there is no gaurantee then you have a legal duty to inform the buyer BEFORE the sale takes place. but you have every right to start up in this business if you so wish-but check with amazon guidelines first.
2007-08-18 04:38:29 · answer #4 · answered by tony c 5 · 1⤊ 1⤋
That's what Amazon Marketplace is all about.
Televisions aren't your ideal "mail order" product. They're heavy and they are delicate, making them expensive to ship, and if you send someone a bad television, you're *really* going to eat a lot of freight shipping it back and shipping them another one.
Amazon charges a commission on sales, but by the time you figure your costs to attract traffic on another site, and the cost of processing charge cards, the cost of your hosting on another site, and your cost for registering a domain name and getting a security certificate, it's competitive. Add in the fact that people *trust* Amazon, and it can be a bargain.
A bargain, that is, if Amazon works for you. You can't sell jewelry on Amazon Marketplace, for instance, and you can't sell anything that doesn't have a standard scan code, so it doesn't work for anything hand crafted.
And you can take that "bargain" recommendation to the bank, because I set up people with their own secure ecommerce websites. There are a lot of advantages to doing it my way - but for something like televisions, Amazon Marketplace is definitely the way to go. (Unless, of course, you're a crook, in which case eBay is a better way to go.)
If you have a bricks-and-mortar shop selling televisions, you'll have better margins that way, and listing your product line on Amazon Marketplace is going to get you customers who would never think to walk through your front door. Retail margins are pretty slim anyway, so you can't afford to make many mistakes, but Amazon seems to do most things the right way, making it easier for you to succeed.
2007-08-18 04:39:55 · answer #5 · answered by Anonymous · 1⤊ 1⤋
Yes it's legal, but bear in mind that people might just find your supplier for themselves, especially if they deal in one-off sales.
2007-08-18 04:32:48 · answer #6 · answered by Steven 4 · 2⤊ 1⤋
yes thats legall but if people could buy it from a shop for cheaper then they probly would...but its a good idea.
2007-08-18 04:26:52 · answer #7 · answered by jack h 1 · 2⤊ 1⤋
Mmm- televisons or transvestites?? Transvetites clothes seem to sell very well.
2007-08-18 10:08:51 · answer #8 · answered by Ellie 6 · 0⤊ 1⤋
very illegal...you actually need a permit to do that..i say be very careful, because there are cops who monitors all that....but yes it will work though...alot of people tend to do the oppostie though...keep it for a few months, then sale it for a little less on ebay
2007-08-18 05:39:06 · answer #9 · answered by awesomeness2006 1 · 0⤊ 3⤋