Question for serious ebay users
#1
Question for serious ebay users
A chap who has just started to work in our office (came from another office within the same company) uses ebay a lot. So i asked him was he a buyer or a seller.
He said that all he does is buy stuff off ebay and sell the same stuff back on ebay! It turns out that he put £100.00 into an paypal account and bought some stuff. When he recieved it he would re-advertise it and sell it on for a profit. If it didn't reach what he paid for it he would just withdraw it and advertise it again.
His £100 has now reached £560.00 out of 96 purchases and sell's so therefore he's made around £460 out of 48 purchases
Is this a common thing and is it as simplistic as he makes out. He did tell me that he purchased some software called a sniper which, makes bids for him at the last possible second although i didn't understand fully what this software was and whether it was available on the open market.
Is it really this easy or is he painting a simplistic view of the whole thing
Many thanks
Pete
He said that all he does is buy stuff off ebay and sell the same stuff back on ebay! It turns out that he put £100.00 into an paypal account and bought some stuff. When he recieved it he would re-advertise it and sell it on for a profit. If it didn't reach what he paid for it he would just withdraw it and advertise it again.
His £100 has now reached £560.00 out of 96 purchases and sell's so therefore he's made around £460 out of 48 purchases
Is this a common thing and is it as simplistic as he makes out. He did tell me that he purchased some software called a sniper which, makes bids for him at the last possible second although i didn't understand fully what this software was and whether it was available on the open market.
Is it really this easy or is he painting a simplistic view of the whole thing
Many thanks
Pete
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Originally Posted by unclebuck
If you know the value of things, yes. If you're a numptie, no.
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Originally Posted by planky
Well worth a look.
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It is possible as long as you know the value of stuff,but you need to spend a lot of time looking.
The best deals are from newbie's who dont post pics.
Someone i knew tried to sell a wardrobe and he got no offers even at £300.I showed him how to sell it,added a couple of pics and he got loads of offers and got £650 for it.
Presentation is very important imo.
The best deals are from newbie's who dont post pics.
Someone i knew tried to sell a wardrobe and he got no offers even at £300.I showed him how to sell it,added a couple of pics and he got loads of offers and got £650 for it.
Presentation is very important imo.
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Just as an example of how easy it is when you know your market.
Over the past 3 weeks I've purchased 6 of a certain item on buy one get one free from a highstreet retailer in this country. I've resold these items on eBay to American's and made a £550 profit from an outlay of £50. I'm working on my next "project" at the moment
Over the past 3 weeks I've purchased 6 of a certain item on buy one get one free from a highstreet retailer in this country. I've resold these items on eBay to American's and made a £550 profit from an outlay of £50. I'm working on my next "project" at the moment
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Originally Posted by Defiant STI
Just as an example of how easy it is when you know your market.
Over the past 3 weeks I've purchased 6 of a certain item on buy one get one free from a highstreet retailer in this country. I've resold these items on eBay to American's and made a £550 profit from an outlay of £50. I'm working on my next "project" at the moment
Over the past 3 weeks I've purchased 6 of a certain item on buy one get one free from a highstreet retailer in this country. I've resold these items on eBay to American's and made a £550 profit from an outlay of £50. I'm working on my next "project" at the moment
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