Moonlight Entertainment & Sales, The Leader In Surplus, Salvage and Overstock Media Liquidations. Supplying The World, One Sale At A Time!

 

 

 

Simple Keys to Success
Selling Wholesale Media Online

If you ever thought about owning and operating an online home based business or want to add to an existing business and have a desire to sell Wholesale Music CDs, Audio Cassettes, DVDs, VHS Videos, Books, Vinyl Records, Video Games, Blu-Ray, Karaoke CDs, or any other type of products online, we have compiled a list of things that you should consider to become successful as an online reseller.

  • If you plan on selling anything tangible; Wholesale Music CDs, Audio Cassettes, DVDs, Electronics, Toys, Clothing, etc... be prepared to be in the business for the long haul. If you're thinking that you're going to make a quick buck... think again! You can have inventory sitting around for years before you sell out of it. But there is a bright side to this and we will get to this shortly...

  • Make sure you have someplace that you can dedicate to storing your inventory. If you have an external building on your premises that you can allocate for storage, you're on the right track. Especially if you plan on having lots of product to sell... you'll want to keep both business and home separate, this will save you from cluttering up your home and causing disorganized chaos.

  • One primary key to a successful business is having a variety of choices for your customers to choose from. Build your inventory and title selection by ordering bi-weekly to monthly. This is a fact! The more selection of titles you have the more product you will sell.

    Overstock.com, Inc.

  • Choose multiple venues where to sell your products. Not just one! Many folks that think they're going to get rich quick, or make a quick buck, usually they put all of their products on one sales site and/or auction website. For instance, there are many folks out there that order assorted inventories and try to sell them only on Ebay. Although Ebay may be a great site to sell items, it is also heavily saturated with many other sellers that are competing with each other to sell the same products... most of them are penny sellers that are envious of others and have no real clue about how to market or sell products.

  • If a current U.S. market is overly saturated with any particular product, consider opening it up in foreign markets as well. Let's say, you have 100 sellers selling on Ebay.com, Amazon.com, Yahoo.com, considerer opening an account in their foreign markets. (Examples: Ebay.uk Ebay.de Ebay.ca Ebay.au Ebay.mx / Amazon.uk Amazon.de Amazon.co.jp Amazon.ca / Yahoo.uk Yahoo.mx Yahoo.co.jp Yahoo.fr etc...)

  • Open up your marketability both on-line and off-line. There are virtually an unlimited amount of places online where you can sell your products, but don't forget... there are a good many other places within your own community and neighboring areas where you can sell your products. But I cannot stress this enough... Make yourself GLOBAL, not just LOCAL! It is a small world, After all.

  • You are a business... it is imperative that you start marketing yourself as one and create your own web presence by creating your very own website. Don't just rely on public sales forums to sell your products. Establishing and marketing yourself on the internet will take some time, but... being in business for yourself is what you're about. Working for yourself isn't a 9-5 job... you are working for yourself... 24 hours a day, 7 days a week and all year long. I'm a firm believer... "You are in total control of what your are worth". What is your "Time" worth? If you want to work for someone for $6.00 hr.; If you dedicate your time into establishing your own money making empire, bringing in $3000.00 per day or more... then that's what you're worth.

  • The best "FREE" business advice we can ever give you... when creating your domain name, don't make the same mistake that we did... although it is a bit more of an investment, lock up your domain name prefixes by purchasing them all at the same time. (Examples: YourSite.com, YourSite.net, YourSite.biz, YourSite.info, YourSite.org, etc...) Get them all now so you don't regret it later. Take total control... There would be those who try and succeed at cashing in on your hard work and success; so protect your business interests.

  • Always be aggressive and creative in your marketing strategies. Promoting both yourself and your product will be one of the best things you can ever do for your business. Don't think, "just because you have the product, the product will sell itself". In order to sell anything, especially on the internet, you have to promote that item. Create the hype, but don't make up any false claims about the product either. Hype up the positives and create the market for it!

  • By setting the price, you set the tone to your success. If you want to sell everything for a penny... Good Luck to you. However, there is absolutely no reason that anything should be selling for a penny. Who cares that there are 50 other sellers selling the same thing on Ebay, Amazon, Yahoo or wherever plan on selling your items. Get the best price out of the product. If it retails for $16.98, sell it for that price or even half that. You'll be surprised that there are many folks out there who don't care about the price... who cares that it's a penny... they care more about the level of service. Penny sellers may have more feedback, but they make far less or no money. But if higher feedback rating is more important to you than more profit... 'nuff said!

  • Earlier I mentioned that... "you can sit on inventory for years before it sells out, so be prepared to be in the business for the long haul". Although a market may be saturated at the moment; the fact of the matter is... product does sell out. Plus, sellers come and go, many of them just don't dedicate themselves to their business... we call these sellers, "the quick buck sellers", or should I say, "the quick penny sellers". There are some benefits to this though...

    Here are just a few... of many Audio CDs that we liquidated in the past which were included in our bulk CD lots. Many sellers cheapened them by reselling them at a penny, but now they command a much higher price.

    Clasicos de Cuba: Boleros [Audio CD]Clasicos de 
Cuba: Boleros [Audio CD]

    Z-Ro: Look What You Did to Me [Audio CD]Z-Ro: Look 
What You Did to Me [Audio CD]

    Swoop G: Undisputed [Audio CD]Swoop G: 
Undisputed [Audio CD]

    Young Dre D: Troubled Mind [Audio CD]Young Dre D: 
Troubled Mind [Audio CD]

    Strangeland Soundtrack [Audio CD]Strangeland 
Soundtrack [Audio CD]

    Peter Weniger, Hubert Nuss, Conrad Herwig: Hymn to Gobro [Audio CD]Peter Weniger, Hubert Nuss, Conrad Herwig: Hymn to Gobro [Audio CD]

    The Dubliners: Milestones [Audio CD]The Dubliners: Milestones [Audio CD]

    The point we're trying to make here is pretty clear. Don't worry about what penny sellers or others are charging for their products. Get the absolute best value for your product. Make dollars, not cents!

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