My idea

[incka]

I'm thinking of selling rare singles and albums of bands/artists with a large amount of collectors, like U2, madonna, R.E.M., radiohead, etc. Would this make me money and has anyone got advice of where I can get my stock from?

[chromate]

Yes, that would make you money, though probably not a lot. The reason it would make you money is because if they're "rare" then they will be hard to get hold of! I would imagine the only place you'll get stock from is auctions / car boot sales / record fairs etc.

Wont be easy, probably not worth hassle if you ask me.

[incka]

So do you have a better idea of what I should sell?

[chromate]

No. I would imagine your problem would be lack of money to make an initial investment.

Have a look on alibaba.com for stuff to sell.

[MarkB]

Stock: car boot sales, fairs, and also advertise in Loot etc, offering to buy up collections. Also, try Ebay (picked up some good bargains there myself).

Your main problem is having a level of stock, and then a level of turnover, to make it worth your time.

[incka]

I have £800 saved up to start a business.

[michael_gersitz]

Sell something that you are interested in...

[chromate]

I think Chris started CBSwords with $1k. So you should be able to kick something off with £800. No idea what or how though. Never done it myself.

[incka]

It's now £930 (got alot for my birthday)...


I'm still looking for a good thing to sell...

[Mike]

Do you think you should be starting an ecommerce site now? I mean, I would have thought a lot of time needs to be given to them and with school and everything...is it worth it?

Why not make a content site which makes a nice amount, and put it towards a bigger one?

[incka]

Well content needs to be something I like or I am interested in... And most of those things have a packed market...

[incka]

CDs of live concerts would be a good idea... I can get hold of them and sell them with ease...

[N_Jay]

Originally posted by incka
CDs of live concerts would be a good idea... I can get hold of them and sell them with ease...

Do you intend on paying the artists?

[incka]

A few of them don't require payments, and a few even like bootlegs. For instance R.E.M.

[bugsy]

incka, the profit margin for sellings CDs would be crappy. Plus competing with other outfits would be quite tough. I'd recommend getting into a niche market in which the product is priced quite high (which would equate to higher margins in a majority of cases).

[incka]

Suggest one please. I don't have much money, so not too expensive please...

[Shawn]

Just think of something expensive that you can mark up without a large notice. If it's not easily accessible at malls or stores, it's that more of a plus.

[chromate]

I wouldn't sell bootlegs unless you want lawyers tapping on your door ;)

[incka]

Please suggest something...

[chromate]

If I had a decent idea, believe me, I'd be doing it myself! ;p

[incka]

So basically no one had any good ideas...

[Mike]

Many will agree with chromate.

[incka]

So that means we are all dead ringers for ideas.

I've got one. Buy Human Carrion Online!