What is the cost of running a reselling business?

[Reedex]

The cost of running a reselling business would vary and it also depends on different kinds of factors such as the type of product that you are reselling, your chosen sales channels and also the business model. There are some common expenses that is associated with running a reselling business and this includes sourcing inventory, storage or warehousing cost, and shipping fees is also part of it.

 

[eldavis]

If depends though. If you are reselling things you once owned, then you might not have to worrying about having a storage room and the likes. On the other hand, the amount you might need to startup this business, also depends on the scale you want to start the business.

 

[Stardom22]

ln my country, the reselling business doesn't require so much considering that most products that are dealt with on that business is relatively cheaper. The business is not very popular here though.

 

[nomad]

It depends on what you intend to resell. If you want to sell expensive products, you need a lot of money. However, if you are reselling cheap products, you can start reselling business with small investment

 

[eldavis]

ln my country, the reselling business doesn't require so much considering that most products that are dealt with on that business is relatively cheaper. The business is not very popular here though.

Over here it is a little bit popular, the funny thing is that there are so many persons who are into this business, but the way they package it, you won't even be aware they are reselling an item unless you are told.

 

[Springtime]

That depends on what you sell. If you sell premium products, you need a lot of capital investment, especially if you need to stock up some items. However, if you are just selling generic, cheap products, the investment should be minimal.