It’s always interesting to see how much items actually cost versus what they are sold for, and sometimes the lower cost items can be the most profitable for the sellers on Trade Me.
It’s also sometimes about timing … having the right items to sell at the right time.
At the moment COVID is on every Kiwi’s mind and products like this Infrared Forehead Thermometer is selling well. The best news is this item has been available on Easywholesale and that means you can sell this and profit from it.
So obviously these types of items are selling well at the moment, but is there enough profit margin in them?
The good news is there is a good profit margin.
This item is available on Easywholesale and at $16.96 (+ shipping) and we have been selling these for $29.95 and Trade Me charge a “success fee” of $3.78 so that’s a profit of $9.21 per sale.
Like many individual products, alone they will not make a lot of money; however I’ve sold 11 of these which means a profit of over $100 from just this one product.
The key to having access to Easywholesale is that you can select what products you want to try selling, and as you only purchase once you have made a sale then it’s risk-free.
With the standard Trade Me free plan and the free Easylister software you can list 50-items at all times, so you can always have wholesale products to sell and then you can adjust your listings when specific items are hot.
Isn’t it time you started with wholesale products to sell on Trade Me?
Pingback: How To List and Price Products | My WordPress