What You Must Know about Wholesale DVD Prices before You Sell Online
If you want to go into business on eBay selling DVDs, then one of first things you must consider is your source of DVDs and the cost of your product. Real wholesale DVDs--and by "real wholesale" I mean coming from an authorized distributor--are expensive. You do not find legitimate, non-counterfeit DVDs sold at $2 or $5 a piece for box office hits and new releases. Although older movies when purchased in bulk may sell in that range, you simply cannot get a legitimate, new version of "Terminator Salvation" or "Iron Man" for $5. For example, when "The Girl with the Dragon Tattoo" was getting ready for release in the United States, my distributor emailed me to let me know that their pre-release price was $19.95, and that there was an additional small discount for purchasing in quantities of 50 or 100. I know you might find a new copy for sale on eBay or Amazon for $5 or $7, but the fact remains that the legitimate wholesale price is much more than that.
There are two basic questions that almost anyone interested in selling DVDs want to know the answer to. The first is, "How is it that eBay sellers have such low prices?" And the second is, "Who are the leading, authorized wholesale DVD distributors?" These are, in fact, trade secrets. Even though there is nothing truly secret about this--certainly the wholesale distributors are not hiding from you, these can be hard questions to answer since people who know don't generally speak up.
How can you figure out true wholesale prices? If you do not yet hold an account with one of the big three wholesale DVD and video game wholesale distributors, you can get an idea of wholesale cost by checking new release DVD prices with Walmart. Walmart frequently sells new to DVD releases at cost or below as a loss leader to get you in the store and buying the other items they make a profit on. I know this may be hard to believe, and yes, the truth is shocking.
This next tip may be more important. The truth is that the retail DVD market is very competitive. This is especially true on eBay, where it is cutthroat. It is very important to understand that if you start out selling legitimate, new-release DVDs on eBay without a plan, you will probably not make money. One thing you may not know is that aside from competing with sellers auctioning counterfeits, Power Sellers can often afford to sell new-release DVDs at a loss to attract business.
The third point to consider is how to profit as fast as possible from your DVD auctions. If you are starting out small with little start-up capital, this is essential. Selling new releases is probably not the way to begin your eBay DVD business unless you have factored that into a well thought out business plan. Do you want to know where the DVD money is on eBay? Niche video. Yes, you will do much better at the outset by zeroing in on a niche such as exercise, sports, or self-improvement. You might consider getting hold of CCTV footage of police raids or getting a police scanner and following the police around with a video camera and putting your footage up for sale on eBay. This is probably not what you had in mind when you thought of selling DVDs on eBay, but you are more likely to profit by going after the niche then trying to sell yet another copy of "Smokin' Aces."
There is a wealth of information in these few paragraphs. You can find out more about wholesale DVD pricing and how to get the most reliable information on genuine wholesale DVD distributors and other sources for low cost DVDs by checking the resource box just below.
There are two basic questions that almost anyone interested in selling DVDs want to know the answer to. The first is, "How is it that eBay sellers have such low prices?" And the second is, "Who are the leading, authorized wholesale DVD distributors?" These are, in fact, trade secrets. Even though there is nothing truly secret about this--certainly the wholesale distributors are not hiding from you, these can be hard questions to answer since people who know don't generally speak up.
How can you figure out true wholesale prices? If you do not yet hold an account with one of the big three wholesale DVD and video game wholesale distributors, you can get an idea of wholesale cost by checking new release DVD prices with Walmart. Walmart frequently sells new to DVD releases at cost or below as a loss leader to get you in the store and buying the other items they make a profit on. I know this may be hard to believe, and yes, the truth is shocking.
This next tip may be more important. The truth is that the retail DVD market is very competitive. This is especially true on eBay, where it is cutthroat. It is very important to understand that if you start out selling legitimate, new-release DVDs on eBay without a plan, you will probably not make money. One thing you may not know is that aside from competing with sellers auctioning counterfeits, Power Sellers can often afford to sell new-release DVDs at a loss to attract business.
The third point to consider is how to profit as fast as possible from your DVD auctions. If you are starting out small with little start-up capital, this is essential. Selling new releases is probably not the way to begin your eBay DVD business unless you have factored that into a well thought out business plan. Do you want to know where the DVD money is on eBay? Niche video. Yes, you will do much better at the outset by zeroing in on a niche such as exercise, sports, or self-improvement. You might consider getting hold of CCTV footage of police raids or getting a police scanner and following the police around with a video camera and putting your footage up for sale on eBay. This is probably not what you had in mind when you thought of selling DVDs on eBay, but you are more likely to profit by going after the niche then trying to sell yet another copy of "Smokin' Aces."
There is a wealth of information in these few paragraphs. You can find out more about wholesale DVD pricing and how to get the most reliable information on genuine wholesale DVD distributors and other sources for low cost DVDs by checking the resource box just below.
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