Storage Auctions
The Storage Locker => The Lounge => Topic started by: Travis on May 07, 2014, 08:30:22 AM
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One of the largest e-commerce companies in the world, Alibaba.com, filed paperwork with the Securities and Exchange Commission on 05/06. Analysts say this could be the largest IPO in U.S. history.
I've used Alibaba a few times. It's a great resource if you're looking for low-cost product to resell.
Has anyone else used Alibaba?
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I've used them from time to time, but quite frankly I don't see a whole lot of savings with them. From what I see it's like the difference between going to Wal-Mart or going to Target. Depending on what and when you're buying, one or the other could be more or less.
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I guess it depends on what and how much of something you're buying. When buying pool tables by the shipping container, I was able to pick them up from a Chinese manufacturer for about $100 a piece. If I recall correctly, even after shipping costs, they we're cheaper than I could by them in the states.
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I repair electronics. I found some repair components for 1/2 to 1/3 of what a US distributor would charge. I'm talking about things like a power output module that I can get PP for about $35 instead of $80+.
Since I occasionally buy through them, I get their e-mails hawking jewelry and fancy clothes which I have no interest in. You would think with the data of stuff I buy they could target their (or their resalers) merchandise to my interest.