By: Brent Crouch
I often hear, “How much should I sell my DVDs for?” This is a very common question, and I can provide you with the answer.
New sellers often times think that they will make $5 off of every DVD that they sell. That is not the truth by any means. Even though DVDs are the hottest item that is available on the internet, this creates a lot of competition for a seller.
Volume is the key in this online business. The realistic profit that you will see from of a DVD is from $1-$3. This sound like nothing, but imagine selling about 20,000 DVDs a month like ebay's top sellers.
I normally set my listing price a couple dollars above my cost. So if I have a DVD I paid $8.48 for, I'll set the listing price at $9.99. The rest of the money I make on the shipping and handling.
I charge a flat $3.99 to ship one DVD and $2.00 each additional. The actual cost to ship a DVD is $1.29 using airmail provided by USPS. So basically, I make an extra $2.70 per DVD on the shipping and handling.
"Is this ethical", you ask. Of course!
I am always upfront in letting my customers know what they will pay for shipping and handling. As a matter of fact I list my shipping and handling charges right on my auction page. So, my customers are fully aware of what they pay for a DVD that they will purchase from me.
If I have in my inventory a DVD title that turns out to be a bad seller, I can sell it for what I paid and then make my profit from it in shipping.
I wish you the best of luck with your business and if you have any questions please feel free to contact me.
Brent is the owner of Jillian Entertainment. He has spent the last 3 years teaching others how he built a 1 million dollar business buying wholesale dvds and reselling them for profit. Article Source: Free Article Directory - http://www.articleManiac.com Search And Submit Articles
Dvds Wholesale - HOW MUCH SHOULD I ASK FOR MY DVDS?
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