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A Healthy Outlet
How many times do you drive by that 98-Cent Store without stopping in? Sure, there's a bunch of junk in those sorts of places, but some of the outlet and liquidation stores offer plenty of great items that you can have for a buck or two. Often, manufacturers' overruns or discontinued merchandise can be found at these stores. Just because the retail market has turned its back on these goods doesn't necessarily mean the auction market has (remember, auctions are international). Make a regular sweep through these stores just to see whether something worth reselling has shown up. And, like thrift stores, find out when new shipments arrive and shelves are restocked. It's true that these discount stores usually have different merchandise every week.
The Corner Store?
Why not visit the store down the road, especially when some hard-to-find items getting high bids online happen to show up at your local retailer? Though demand and value of such goods usually rises and falls quite quickly--often coinciding with a current trend or season--the nearby store also should be on your regular inventory-tracking route. Though no one is promoting the hoarding of retail goods, what seller wouldn't pick up a couple extra items that he or she can auction online for terrific (albeit temporary) profits?
Online, Elsewhere
Don't forget about the other online sources available to you every day. Whether you're looking for current retail goods that are all the rage or seeking out-of-date or out-of-print items that are seeing great online bids, remember that the Internet is full of Web sites (retail and private) where gobs of goods are for sale 24/7. When you're tracking the trends and looking for new sources of merchandise to sell, hit you favorite search portal and plug in the stuff you'd like to purchase for resale later. Chances are, you'll find a new source or two for practically little effort at all. And, be aware that a search for "wholesale" or "importer" will bear hits that link you to manufacturers and distributors who will sell to you in bulk.
Don't Ask, Don't Tell
A final point to understand about sources of supply is the protocol of it all: Don't ask and don't tell. Merchandise sources are truly deep secrets, largely because many sellers use many of the same sources or types of sources. Still, a fellow seller might find a particular out-of-the-way source that you may wish to know about, but never be so brutish as to ask, "Hey, where do you buy the stuff you resell?" Not only will this earn the immediate scorn of the question's recipient, but you'll also ruin your chances of possibly getting a hint of where some of that great stuff might be found.
Rather, whenever engaged in a conversation with another seller, be more respectful about asking for some suggestions of where inventory can be found: "Can you give me some advice about what sorts of items I might consider investing in for resale?" It's a more indirect approach that typically doesn't give rise to reproach. Then, if a seller does confide a source to you, consider it a generous offering and try to respect the confidence in which the information might have been shared, even if it isn't such a big secret after all.
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Dennis Prince is the author of Online Auctions at eBay: Bid With Confidence, Sell With Success. He has been an active buyer and seller at various online auction sites since 1995. Send him email at dlprince@bigfoot.com.


