The Importance of More Than One product Line

<!– /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:””; margin:0cm; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”; mso-ansi-language:EN-GB;} @page Section1 {size:612.0pt 792.0pt; margin:72.0pt 90.0pt 72.0pt 90.0pt; mso-header-margin:36.0pt; mso-footer-margin:36.0pt; mso-paper-source:0;} div.Section1 {page:Section1;} –>

Sell successfully online

Sell successfully online

About a month ago someone asked me to see if I could get them a camping knife. I do not sell camping knives but I know a wholesaler that does. I found the knife he wanted and passed it on to him. If I had sold him the knife at cost the RRP was 65% above cost. It occurred to me that this was a nice margin and so I thought about selling them in eBay.

The trouble is that banned the sale of all knives except for cutlery on 10th March 2009 . It is a shame that I missed out on a reasonable market but spare a thought for anyone who had their business based on selling camping knives on eBay. Their business was gone overnight.

I can not emphasise that if you only have one core product or one supplier that you are at risk of having your business swept away from you at a stroke.

Be Sociable, Share!

Comments are closed.

Subscribe in a reader

Subscribe to my Free Newsletter Here and receive a free gift!

Save and make money. Online eBay tool