Friday, September 18, 2009

How To Make Money With Postage Stamps - Sourcing.

You do not need to own a single postage stamp or any postal issue to start trading in the items as a Dealer. However, you are required to know exactly where you can source or obtain at WHOLESALES prices the STOCK of the various postage stamps and postal issues you may wish to sell to your potential
customers.

It is therefore advisable that you have a Stock ready whenever you decide to start your philatelic business. One of your first tasks will be to establish contact with as many as possible- various WHOLESALERS dealing in stamps and postal issues.

A wholesaler sells mainly to Dealers. They issue long lists of the various items they wish to sell. The items may beoffered per 10, 100, 1000 etc at very substantial discount off the various prices stated in the well accepted philatelic
catologues. You only buy the items you need.

The various addresses of the wholesalers may be found on the Net with the help of Search Engines. They may also be available in the numerous philatelic Journals, Magazines, Newsletters etc. Please bear it in your mind that some of
these wholesalers may require or request that you provide proof of your Dealer's status or you provide Trade References. A trade reference is an evidence of your previous succesful philatelic dealing.

However most wholesalers will accept orders or requests written on your business letter headed stationery. Some may also accept your proof of your membership of very reputable philatelic Societies and Stamp Clubs.

Another source of your supply may be to encourage your family members, friends, relations and collegues to give you the stamps on the respective mails they receive and even the envelopes with such stamps. These envelopes
in philatelic parlance are known as covers. Please kindly note that this type of supply even though free is very limited in scope. I would like to advise that you do not rely on this particular source.

If you know of any offices or places within your locality where large mails are received regularly, such avenue may be a very good source of supply point. You may also place adverts in the various Trade Journals,Magazines and Newspapers in your locality. Good Auction Sites may be very good sources for specialised materials.

Very current items may be procured or sourced at face value through the Philatelic Services or Agencies of most Countries. If you decide to deal in the current issues of a Country, you are advised to establish contact with the PhilatelicBureau or Agency of the Country of your interest.

Please take note that while new issues are readily available, they may be costly and even turn out to be of limited profit margin. I would therefore like to suggest that you concentrate on older issues. In most cases,you may discover that new and recent issues may be available at less than face value.

You have to constantly replenish your Stock with new issues. You should also appreciate the fact that it is very imperative that you constantly supply your customers with new items.

The most basic key to your philatelic business is acquiring your items at the right costs and selling them to your customers at the right prices.







moses zaccheaus - a writer, author, publisher, philatelic and numismatic teacher.
www.moseszee.com - http://moseszee.blogspot.com

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