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Buy and Then Sell For Twice The Price? |
Hi I want to start my own business shop on Ebay.co.uk, what can I sell that I can buy from somewhere and sells for twice the price easily, any ideas? I am an ebay seller, I actually HAVE a video game shop. I do not buy new games, I buy secondhand, advertise in a local paper that you want to buy video games (nintendo sells best) and people will come to you with their retro video consoles and games which they think are worth nothing but there is a bustling trade on ebay for them. I easily make an extra 100% on top, often more than that. It's more difficult as in a way it is being a pawnbroker (minus the loans department) BUT the profits are higher and to the people who said that buyers aren't stupid, they may not be stupid, but they will be willing to pay a higher price if they are imaptient and want it now, also offering things such as paypal and 'get it fast' are going to appeal to people who don't want to wait more than a couple of days for their purchase. Good Luck! I wouldn't be giving you this info if you lived in Australia ; ) when you find out let me know If everyone knew the answer to this question, we'd all be making ourselves rich doing it. Double the Price and half off....the American way !!! the profit margins are very low on ebay because hi look people are not stupid and consumers nowadays are much smarter and know to shop around for the best price if you try to sell items at a 100% mark up people will not deal with you you should look at a product that you can make maybe 30-35% nett-profit on and make the money in volume sales. good luck with anyways you can sell drugs, children, flying monkeys, pink rinos! first of all you need to know what you're buying and selling. you can't sell stamps if you have no ideea about them. even if there is a 400% profit in that area. Why would we share with you are great ideas for making lots of money? Wouldn' t we do this ourselves??? |
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