The interesting thing about online is that buyers are extremely price sensitive. A survey by Forrester Research shows that 73 percent of surveyed online buyers expect prices on the Internet to be cheaper than in stores. No wonder auction markets are booming. Among the most popular growth of eBay auction markets is especially notable! Its market share is growing at a rate of approximately twice that of the over all markets. Therefore, it is natural that if, like many other aspiring entrepreneurs to think seriously about starting a business on eBay. Say, after spending long hours on eBay and do a lot of offline and online research, you have finally reached a niche product to sell. However, there is a small problem! You do not have a clue where to get a regular supply of this product for wholesale price. Often, entrepreneurs with great product ideas fail to materialize their business plan sleep just because they are unable to find a suitable supplier.
How to deal with this problem? Find a local supplier Success in any trading business depends not only on how well they are for sale, but also depends largely on its ability to source product at an adequate price. If you have a fairly extensive list of products you are considering the possibility of working with you have a variety of options to choose from. You can start your business on eBay auctions based on local liquidators, distributors settlement, government auctions, newspaper classified or Drop-shippers (But to start a real niche business you need to find a provider constant source, which could be a manufacturer, distributor or wholesaler.