October 4, 2012 2:37 PM EDT
I'm Rick, this I'd my first post on the board and I'm really looking forward to getting to know everyone, as well as making new friends.
When I seen how friendly and helpful everyone was I had no choice but to subscribe! :)
So here's my situation: I recently discovered a wholesale website that has a lot of products to sell. I had some initial questions that I was hoping you all could help me out with.
Here's the site: http://www.wholesaledeals.co.uk/
•What can I do with this site to make money? Who could I sell this too?
•What is a good product from this site to sell?
•What does the purchase lingo mean?
- When you go to buy something (say a pair of jeans) it says this:
Jeans: RRP 50$ Your Price: 5$ ex. Vat (what does ex Vat mean?) Your gross profit: $300 every 16 units.
What does this system mean? Does it mean I'm only allowed to buy 16 units and I get them all for 5 dollars or is it 5 times 16?
How does this pricing method work.
Thank you all so much.