Everyone knows that when you buy something from China, especially something like wholesale electronics, it’s just about the best example of risk and reward. There are many people experiences with Chinese wholesalers, I am one of them, here is my personal experience with Chinese wholesalers and how you can find the good ones.
I have been on the internet, for quite some time now, selling products through eBay, my own website, and I have several websites set up on the internet dedicated to individual niches. But it wasn’t always so bright and successful; Before I saw a full-time income on the Internet, I was trying to make it big with wholesale products, specifically wholesale electronics.
Now I’m a bit of a nerd when it comes to this kind of thing, I love HDTV, PlayStation and Xbox video games, Blu-ray and Bose DVDs. I loved it so much I wanted to sell it. All of these things were too expensive for me to buy, so I decided that the electronic item I wanted to sell was a state-of-the-art (at the time) blue-tooth headset.
I found this Chinese wholesaler that I thought was legit but in the future I would find out that it was a complete scam. I spent about $500 of my hard earned dollars trying to purchase this product and sell it on eBay. My calculations were that if I bought this product, I could sell it for a profit of around 60%.
That’s huge, which means I bought the headphones for $50 each and sold them for around $80, which was the going price on eBay. Now, if I sold them all, which I was pretty sure I would, I’d make about $300 profit on these headphones. That’s a very good investment, because you would buy more each time and make an average of $300 a week selling these things.
I was fine now, until the person ran off with my money, and since they’re in China, I’d probably spend more money trying to go after them than it was actually worth. So I spent $500 on some invisible headphones, which they didn’t even send me.
After that, I finally started reading people’s reviews on wholesalers, and finally started making $300 a week, which will soon be much, much more. But so you don’t have to learn the hard way, you should try to find a legitimate wholesaler, and fast, so you don’t get scammed like I did!