The emergence of online marketplaces such as Alibaba Group Holding Ltd and eBay Inc has resulted in gradual shifts in the global merchandise marketplace. Online marketplace company eBay lets people set up their own virtual shops to sell their wares, helping to eliminate the need for a physical space and allowing virtually anyone to sell products to other people. Meanwhile, Alibaba, often called the Amazon.com Inc. of China, is an online commerce empire in the country, one which also has a slate of other merchandising- and finance-related websites, including its own version of eBay. The online market is on the rise and Alibaba has the horse for the race as well. According to the article that CNBC published on August 17, 2017, China’s top company beat all the analyst’s estimates with the incredible 56% rise already in the first quarter revenue. Insidermonkey experts made a list of 10 coolest things to buy on Alibaba and sell on eBay.
Given the nature of the two companies, a lot of people have taken to buying products in bulk on Alibaba, which specializes in those kinds of transactions and has a network of manufacturers that buyers can choose from, and then selling those products piece wise on eBay, hoping to make a profit along the way. However, the process of figuring out which products to sell can be daunting, so that’s why Insider Monkey is here to help you on that front. Well, why else if not because of the great profit? Although not every seller on Alibaba allows you to purchase only one item, like the real resale company, the price you would pay for around 10 same items would be similar to the price you would pay on platforms like Amazon.com and eBay for the exact same product. You can also check our list of 10 best selling products on Alibaba.
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