It is getting more and more difficult to make a living by selling things on sites like eBay. One way traders are adopting is by traveling to Mexico regularly to scoop up inexpensive, in demand items for resale online. The main expense that you will have will be Mexican insurance. If you plan on heading south of the border regularly, you should seriously consider annual Mexican auto insurance from online Mexican Insurance Store. With yearly Mexico car insurance, you will be able to drive around Mexico safely without having to buy new insurance each and every time. Once you have squared away Mexican insurance, keep the following tips in mind to make the most of your new business.
What Mexican insurance to Buy
The trick to buying and selling Mexican bought items is to find the right ones. For one thing, they should be small and portable. If they are large and bulky, you will have a much harder time bringing them into the U.S. Many people experience great success with various types of handmade jewelry. Keep in mind that you wont be able to make any money off of precious metals. Silver is cheap in Mexico, but it is nearly impossible to make a profit on it in the U.S. Instead, look for charming and unique bracelets, necklaces, earrings and other things.
Develop Your Own Taste
You need to make your buyers trust you. To do that, you need to consistently offer unique and stylish items. Make a name for yourself by offering certain types of Mexican goods at reasonable prices. As noted above, jewelry is often a good option. It isnt the only one though. Pottery and textiles often work well too. Do some online research to find out what people are buying in the U.S. Browse through eBay to see the going rates for various items. The goal is to find a product that you can mark up well enough to make this work worth your while.
Keeping it Legal
Before making your first trip to Mexico to buy goods, you need to be absolutely clear about your responsibilities concerning declaring items and paying taxes. There is plenty of advice online about this topic, but it may be simpler to just contact customs directly. Learn the specifics about the kind of paperwork that you will need to submit and how much you can expect to pay in fees and taxes. If those fees eat up your profit, you might as well not even bother. Mexican insurance and tips for finding great deals!