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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Allison
AllisonKnowledge Seeker
Asked: August 11, 20232023-08-11T06:58:40+00:00 2023-08-11T06:58:40+00:00In: Money & Business

Is it possible to earn money through online reselling?

Yes, it is possible to earn money through online reselling by purchasing products at a lower price and then selling them at a higher price on various online platforms. Many people engage in this practice to generate income. However, success may depend on factors such as product selection, marketing strategies, and competition.

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  1. Precious
    Precious Knowledge Seeker KIDI CARE
    2023-08-11T11:03:20+00:00Added an answer on August 11, 2023 at 11:03 am

    Making money from online reselling at some point might seem difficult, here is it. Buying from low price and selling in high price, you know many people online also search for low price, so when comparing your product to others platform product the difference will definitely stands out and the buyerRead more

    Making money from online reselling at some point might seem difficult, here is it.

    Buying from low price and selling in high price, you know many people online also search for low price, so when comparing your product to others platform product the difference will definitely stands out and the buyer choice will go for the affordable price, so it may look competitive.

    In other view, popular people will always stick to popular stuff, buying  higher price product, in some cases it is also possible to earn through online reselling.

    In conclusion, it’s not  (really) profitable to earn in online reselling because it takes time sell your product.

     

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  2. Ekubiat
    Ekubiat Knowledge Seeker Ekubiat
    2023-08-11T07:08:34+00:00Added an answer on August 11, 2023 at 7:08 am

    Yes you can make money online by developing software .the software development industry offers a wide range of opportunities for individual s tp earn income through various methods.here are some ways you can make money online as a software developer: freelancing and contract work:many businesses anfRead more

    Yes you can make money online by developing software .the software development industry offers a wide range of opportunities for individual s tp earn income through various methods.here are some ways you can make money online as a software developer:
    freelancing and contract work:many businesses anf individuals look for skilled software developers to create customs software solutions .platform like upwork,freelancer,toptal,and guru allow you to find freelance or contract work and bid on projects with match your skills.

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  3. Donflex
    Donflex Newcomer
    2023-08-11T08:35:41+00:00Added an answer on August 11, 2023 at 8:35 am

    Yes you can, the main reason i said this is for you to choose products that are in demand and have a good profit margin. Always have in mind that success in online reselling requires dedication, research, and adaptability. It's also important to be prepared for challenges and setbacks along in diffeRead more

    Yes you can, the main reason i said this is for you to choose products that are in demand and have a good profit margin. Always have in mind that success in online reselling requires dedication, research, and adaptability. It’s also important to be prepared for challenges and setbacks along in different ways, in time to time check and adjust your pricing strategy based on market trends and competitor pricing. Offering competitive prices can attract so many buyers

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  4. spencer
    spencer Enlightened Mentor
    2023-08-11T10:04:58+00:00Added an answer on August 11, 2023 at 10:04 am

    Yes, it is possible to buy resell products online and make profits by following this process: 1 Source Products from Wholesalers: There are a lot of wholesalers websites online some popular ones are 1688.com, Taobao.com and Alibaba.com 2 Resell on Retail Stores: After sourcing for products, you canRead more

    Yes, it is possible to buy resell products online and make profits by following this process:

    1 Source Products from Wholesalers: There are a lot of wholesalers websites online some popular ones are 1688.com, Taobao.com and Alibaba.com

    2 Resell on Retail Stores: After sourcing for products, you can resell on retail source for a mark up price which will be your profits.

    For example if you bought a shirt from a wholesaler for $10 you can resell for $15, pocketing the 5$ as your profits.

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  5. Svishok
    Svishok Expert Mind
    2023-08-11T11:47:10+00:00Added an answer on August 11, 2023 at 11:47 am

    Yes, it's possible to earn money through online reselling. Online reselling involves purchasing products at a lower price from one platform and then selling them at a higher price on another, such as e-commerce marketplaces or social media. Success in this venture depends on factors like finding theRead more

    Yes, it’s possible to earn money through online reselling. Online reselling involves purchasing products at a lower price from one platform and then selling them at a higher price on another, such as e-commerce marketplaces or social media. Success in this venture depends on factors like finding the right products, identifying target markets, effective marketing, and maintaining a competitive pricing strategy. It requires research, understanding trends, building a reliable supplier network, and delivering exceptional customer service. While online reselling offers potential for profit, it also involves risks such as market saturation, competition, and fluctuating demand. Therefore, careful planning, adaptability, and a commitment to quality are key to achieving sustained success in online reselling.

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  6. Carpon
    Carpon Expert Mind Hustler
    2025-08-08T09:48:48+00:00Added an answer on August 8, 2025 at 9:48 am

    What you described is just the normal business that people do and there are a lot of them online people will buy and then come online and display their products and people will see and those that wants will buy them and you'll deliver to their location. It is not something new and it is of course haRead more

    What you described is just the normal business that people do and there are a lot of them online people will buy and then come online and display their products and people will see and those that wants will buy them and you’ll deliver to their location.

    It is not something new and it is of course happening so if you have a plan of doing that you can go ahead and do it it’s very productive

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  7. De Mogul
    De Mogul Expert Mind A student
    2025-08-08T10:47:11+00:00Added an answer on August 8, 2025 at 10:47 am

    It is really possible to earn a lot of money when you resell products or even services but it all depends on your exposure and audience.   You have to make sure that your products are gotten from you very reliable source and also very cheap so that you make a reasonable profit when you sell youRead more

    It is really possible to earn a lot of money when you resell products or even services but it all depends on your exposure and audience.

     

    You have to make sure that your products are gotten from you very reliable source and also very cheap so that you make a reasonable profit when you sell your goods to the customers.

    When you get customers you should try to make them your loyal customers by giving them discounts, once in a while

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  8. tray599
    tray599 Knowledge Seeker blogger, content writer
    2025-09-20T02:49:24+00:00Added an answer on September 20, 2025 at 2:49 am

    Earning money online through online reselling is very tasking sometimes, you need to get a reselling right from the original owner, You must rebrand the product to sort consumer demand. Reselling ebooks will demand you get a copy right permission and license. It's efficient if you can work and produRead more

    Earning money online through online reselling is very tasking sometimes, you need to get a reselling right from the original owner,

    You must rebrand the product to sort consumer demand.

    Reselling ebooks will demand you get a copy right permission and license.

    It’s efficient if you can work and produce your own product, buying at cheap price and sold it above the buying price,but frankly you will need to lower the price of your products because customers love patronize low price product and they buy easily from those who offer such product.

    It’s required a tactical approach and decipline, focus and concentration is one of them if you can adhere to all this step definitely you can derived success.

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  9. tray599
    tray599 Knowledge Seeker blogger, content writer
    2025-09-20T02:50:22+00:00Added an answer on September 20, 2025 at 2:50 am

    Earning money online through online reselling is very tasking sometimes, you need to get a reselling right from the original owner, You must rebrand the product to sort consumer demand. Reselling ebooks will demand you get a copy right permission and license. It's efficient if you can work and produRead more

    Earning money online through online reselling is very tasking sometimes, you need to get a reselling right from the original owner,

    You must rebrand the product to sort consumer demand.

    Reselling ebooks will demand you get a copy right permission and license.

    It’s efficient if you can work and produce your own product, buying at cheap price and sold it above the buying price,but frankly you will need to lower the price of your products because customers love patronize low price product and they buy easily from those who offer such product.

    It’s required a tactical approach and decipline, focus and concentration is one of them if you can adhere to all this step definitely you can derived success.

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  10. eldavis
    eldavis Enlightened Mentor Graphic designer
    2025-09-20T04:29:08+00:00Added an answer on September 20, 2025 at 4:29 am

    Online reselling is becoming very popular today, people often buy at a more cheaper rate from both offline and online platforms, then they resell it at a more suitable price online. Majority of them make use of social media platforms like Facebook and the likes to resell them. So yes this is a veryRead more

    Online reselling is becoming very popular today, people often buy at a more cheaper rate from both offline and online platforms, then they resell it at a more suitable price online. Majority of them make use of social media platforms like Facebook and the likes to resell them. So yes this is a very lucrative method to make money online. The most important thing is to have good marketing skill.

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