£40k to invest - thinking of an ebay business?
Discussion
I've just run in to a lump sum of £40k which I am thinking of investing in an online business. To start off I am thinking along the lines of ebay and wanted to know of idea's of things that I could deal in? This will be a part time thing as I am a full time IT consultant but I want to try and make money out of money rather than let this it in the bank.
I have thought of the following:
1) Mobile phones (have a good turnaround on ebay)
2) Games (Nintendo, PS2/3, Xbox etc)
3) Games Consoles
4) Ladies shoes (promise its not a fetish )
Any suppliers of these items on here? Wanted an idea of the profit margins?
Thanks lads
I have thought of the following:
1) Mobile phones (have a good turnaround on ebay)
2) Games (Nintendo, PS2/3, Xbox etc)
3) Games Consoles
4) Ladies shoes (promise its not a fetish )
Any suppliers of these items on here? Wanted an idea of the profit margins?
Thanks lads
Thanks for the productive answers so far guys keep em flowing!
Ideally I want to buy from a UK based seller and not go down the import route. Company is not a problem as I have been using my own Ltd company (for IT consulting) for the last 4 years.
I agree there are major timewasters and scammers on ebay BUT I have used ebay long enough to know how to filter them out! Yes you will get the odd last second 0 rated bidder but its all part and parcel of running a business I suppose. It's like having a newsagents shop but having to still deal with the school kids everyday
Like the idea about towels/bedsheets and even sex toys etc - know any suppliers?
I need people i could buy off in the UK and make a business out of it. I'll soon be getting married and will have my partner to help me out too
So what can you guys offer me - I dont see the risk for the seller when I can pay up front!?
Ideally I want to buy from a UK based seller and not go down the import route. Company is not a problem as I have been using my own Ltd company (for IT consulting) for the last 4 years.
I agree there are major timewasters and scammers on ebay BUT I have used ebay long enough to know how to filter them out! Yes you will get the odd last second 0 rated bidder but its all part and parcel of running a business I suppose. It's like having a newsagents shop but having to still deal with the school kids everyday
Like the idea about towels/bedsheets and even sex toys etc - know any suppliers?
I need people i could buy off in the UK and make a business out of it. I'll soon be getting married and will have my partner to help me out too
So what can you guys offer me - I dont see the risk for the seller when I can pay up front!?
Gassing Station | Business | Top of Page | What's New | My Stuff