How can I earn as a reseller?

Reselling involves purchasing products or services with an intension of selling them rather utilizing them for self. You do not have to manufacture the product to undertake reselling as a mode of business. There will be no greater monitoring and management investment is involved. Reselling usually involves buying products which people are looking for, or products on high demand from manufacturer in bulk and selling it for a higher cost on a suitable platform. You can resell a product directly to the customer offline, or you can resell it on an ecommerce store.

Reselling is one of the best way of earning money for someone who is looking to earn from their homes includes housewife’s and more. Internet has made it easy to start a business from the comfort of your home. But it has created plenty of competition in every industry. There is no license needed to resell a product. You can easily start reselling by directly contacting manufacturer or distributor. There are several platforms on which you can start reselling the products Amazon, flipkart , meesho which most people commonly use. One of the most popular online wholesalers is Alibaba, similarly there are many more.

Sourcing products isn’t necessarily easy and often requires a large capital investment, to get the products in stock and keeping it in physical store. Resellers are able to navigate this by purchasing products only after a sale. You only pay for goods as customer order them form your website, making it a greater choice for new entrepreneurs. Being a reseller you have an advantage of launching your business sooner, you don’t have to wait for inventory to arrive or wait for anything at all, for that matter. You will be able to sell a vast range of products; you can increase the list of products as your business grows. The financial risk of doing business is also low. Being a reseller you’re free to set your own cost for your products.

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