RE: eBay selling - how I made my first $100k with no risks attached explained in 1 minute

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eBay selling - how I made my first $100k with no risks attached explained in 1 minute

in ebay •  8 years ago  (edited)

As a professional ebay seller, I know there are other things to consider with this strategy:

  • It is going to cause you major headaches if you list something for sale on ebay, you sell it on ebay, then you go back to the shop only to learn it's out of stock.

  • You are going to find this to be a ton of work. So if you want to try this strategy, only do it with higher-priced items. I'd recommend only selling items you can make $100+ on after all ebay and paypal fees are taken into consideration.

  • Be sure you know how much it's going to cost you to ship it. You might calculate your fees and think you're going to make a good profit, then you go to ship it and it costs $60 in postage instead of the expected $10.

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  ·  8 years ago (edited)

Hi mate thanks for your feedback.

  1. personally I only sold items that I knew the shop would not sell out off, also I looked for the same items that where sold in different shops too. Back up.

  2. once I created the advert that was pretty much it, it ran for the 30 days then I just rolled it over again when eBay offered free advert listings which they revise ever 3 months too so you can grow

  3. I'm not sure about the $100 business that's too much of a risk for me I went for the low end items that cost me $2-5 then sold for $10 but I worked on volume to lower the risks -just a thought!

  4. postage I alway always went for items that where light under 1kg for sure I spend 2 weeks in 'beta' learning but you soon pick it up!

This is also a great idea if you spot something thats got say 70% discount, but you don't want to pay up first, obviously you can put it on eBay for 20% discount lol it works there is no risk really, at the end of the day what works for me may not work for someone else!

Cheers

Philip