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Posted by Cory List on 28th May 2014

​Selling Low Value, High Weight or Size Items in the UK

Selling Low Value, High Weight/Size Items in the UK

When a person makes a decision to enter into business he thinks of a few things, but mostly his motivations lie on whether or not the business will be profitable and fruitful to start at all.

Good ideas come by all the time but in the case of businesses, people are always looking after something new, something unique, something rare and something they are not at all expecting. Importing food products from another country is a very good idea, most especially if the product is rare in your own, but rather cheap to buy from afar.

If this is something you are looking to establish, you need to look into the following:

  1. Selling online or in-store. After acquiring your goods, how do you wish to sell them? Are you going to offer them online, building a store to sell it from or offer it with the help of markets or groceries? Online stores, understand, will allow you to operate at lower costs, but they will come with shipping needs that may be exorbitant if your items are heavy. Establishing your own store will be expensive, but it will give you much control over everything. Meanwhile, working with another company would mean losing a percentage of the full cost, but lower operation expenses.
  2. Supply and demand. The success of a business will all depend on the “supply and demand” principle of things. Are you certain that there is a demand for what you are trying to offer? Is there really a scarcity of supplies in your vicinity? If your answer to the question is “YES” then you can go ahead with it. If you are unsure, it may be smart for you to study everything first. Any hesitations in line with this will be worth looking into because you would not want to invest on something, only to find out that there is no market for it.
  3. Start small. Before you go massive on anything, you can try to feel the waters first, to see if your plans are feasible. You can easily buy a few units and do a small-scale run either on eBay or at local stores nearby, to see if you were right about thinking that the demand is great. If it proves so, you can now think of expanding and taking things to another level.