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jcmilligan
Forums Member
Joined: 29 Mar 2009
Posts: 12
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#1 · Posted: 31 Mar 2009 05:42
I love learning about the latest websites, clickbank products, services, programs that are available out there. Would love to hear what NEW THINGS the other members in this forum are newly excited about....
Here is one for me: eBay Trading
Basically, when you sign up for eBay USA you also sign up for eBay Canada, eBay Australia, and eBay UK (all English Speaking Countries). Anyways, you can buy a hot product in one market and re-sale it in another market for a profit.
Now there are several things you need to do to set-up the system (2 eBay Accounts, Know which products work best, understanding shipping), but I learned this entire business model inside Maverick Money Makers VIP Club website.
So far, I have focused on two products that have worked well:
1. ipod Nano (average a $40.00 profit per sale)
2. Titleist Pro V1 Golf balls (average $20.00 per sale)
The great thing about this business model is I am working with hot products that have a sale thru rate of 90% or higher so I never have to worry about buying something that will not sale.
Would love to hear your ideas!
[Post title edited - Admin]
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mountainmom5
Joined: 30 Aug 2007
Posts: 3035
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#2 · Posted: 31 Mar 2009 11:56
So do you buy the ipods from places like Australia and then resell them to the US??
I have thought about doing that but never pursued it much as there are only so many hours in a day - lol
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happywife
Joined: 14 Aug 2007
Posts: 1486
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#3 · Posted: 31 Mar 2009 17:27
mountainmom5: So do you buy the ipods from places like Australia and then resell them to the US??
I can't imagine that would be it. Almost everything is more expensive here in Australia compared to the US.
I have noticed that there are listings where China and Korea and Hong Kong are the source. The shipping may be high, but if you buy in bulk it still works out to quite a savings.
If you know you can turn the products over quickly then it would be a good investment.
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jcmilligan
Forums Member
Joined: 29 Mar 2009
Posts: 12
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#4 · Posted: 31 Mar 2009 19:42
It depends on the certain products. I find which market sells the cheapest, buy it from there and then resale it in the market that has the highest average selling price.
In the case of the Ipod Nano I buy them from the US eBay and resale it in UK eBay. Does that make sense?
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mountainmom5
Joined: 30 Aug 2007
Posts: 3035
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#5 · Posted: 31 Mar 2009 22:35
jcmilligan: In the case of the Ipod Nano I buy them from the US eBay and resale it in UK eBay. Does that make sense?
Absolutely - thanks!
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crconrad
Forums Member
Joined: 31 Mar 2009
Posts: 1
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#6 · Posted: 31 Mar 2009 22:39
I agree.
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johnjimat
Forums Member
Joined: 31 Mar 2009
Posts: 357
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#7 · Posted: 1 Apr 2009 04:49
which country sell cheap stuff?
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redsadie
Forums Member
Joined: 2 Mar 2009
Posts: 143
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#8 · Posted: 5 Apr 2009 09:16
This is something Mack Michaels suggests in Maverick Money Makers. Sounds good, but I don't have $700 US/AUD/ or GBP to buy in the first place to allow me to make a profit 
Sounds great in theory..................
xx
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jaesun16
Forums Member
Joined: 21 Mar 2009
Posts: 269
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#9 · Posted: 6 Apr 2009 01:35
Hi, I have been using ebay more than 7 years...
It sounds good to everyone,
There are few things you have to know about ebay marketing,
First - You have to pay listing fees, and couple extra for promoting.
Second - Paypal will take service charge from you for each sale
Third - Best products usually, sold lower prices
(Because of competitors on ebay)
I have not used MMM system, so I can't say it's good strategy of
not. It might be good idea if we can have dropshipping company
from China. so we can sell items from china, and make some profit!
I hope everybody will be successful in the future as Internet
Marketer!!
Thank you
Happy day~^^
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jcmilligan
Forums Member
Joined: 29 Mar 2009
Posts: 12
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#10 · Posted: 6 Apr 2009 22:38
This is a great discussion. The truth is if you know how to identify the right product you will find that you don't have to spend $700. Sure if you have the money go for it....
But there are many products that are cheap, have a high profit margin and are selling hot on eBay.
This is what is great about eBay Trading you don't HAVE to compete with the powersellers who are buying in bulk from China.
You simply buy low in one market and sell high in another. Simple. AND you can always work with the hot products.
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Dessie
Forums Member
Joined: 31 Mar 2009
Posts: 14
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#11 · Posted: 7 Apr 2009 05:11
You do sometimes have to be very careful buying products from China, as many of them are fakes, and there are also many scammers out there.
I would never buy products from China by Western Union as you do not have a leg to stand on if they don`t send the goods.
I would only use companies with a paypal account.
Dessie.
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shevyresab
Forums Member
Joined: 20 Mar 2009
Posts: 15
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#12 · Posted: 7 Apr 2009 05:27
Guys, great post.
E-bay as we all know is probably the biggest buying and selling market in the world, certainly online anyway. Just so you know, anyone serious about making decent money from it, i bought a car for �820, brilliant condition, low mileage (the advert was horrific but the seller lived close by so i took a look before auction end) etc... Bought it at something like 3.20am - Sold it by advertising it correctly, more information, auction ending at peak time, doubled my money with 1 item. Apparently a car is sold something like every 2 minutes on E-Bay.
Speculate to accumalate
Paul
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Dessie
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Joined: 31 Mar 2009
Posts: 14
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#13 · Posted: 8 Apr 2009 05:04
I agree Paul, particularly when it comes to cars.
Here in Britain you can source cars being sold at differing prices on other sites and turn them around on ebay for s significant mark-up.
Dessie.
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loftydriver
Forums Member
Joined: 30 Dec 2009
Posts: 1
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#14 · Posted: 30 Dec 2009 07:57
what do you do about the bill of sale
I buy a product for �500... sell for �600.... the seller posts product to my buyer, but wont he send a receipt for the amount i paid?? therefor showing the profit i make??
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yasser
Forums Member
Joined: 17 Nov 2009
Posts: 98
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#15 · Posted: 21 Mar 2010 16:33
I have been selling on ebay for 6 years and i never buy a product. i completely use dropshipping.
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trish777
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Joined: 19 Mar 2010
Posts: 25
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#16 · Posted: 22 Mar 2010 15:26
Hi Vasser, I tried for about three months to get somewhere selling on ebay with not much luck. I tried the drop-shipping approach but could not find suppliers that actually sell wholesale. They are good at calling it wholesale but when I did the research on ebay there was always someone(s) selling for much less.
I gave up on that and am now building and Affiliate Marketing business. However I am curious who your drop-shipping suppliers are if you would not mind sharing that information. I do want to continue with ebay at least enough to make a few bucks. I understand if you don't want to share this info.
Thank you,
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yasser
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Joined: 17 Nov 2009
Posts: 98
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#17 · Posted: 27 Mar 2010 16:16
trish777to access real dropship suppliers you have to be a member of a wholesale directory. i personally recommend salehoo.
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trish777
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Joined: 19 Mar 2010
Posts: 25
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#18 · Posted: 27 Mar 2010 20:30
I am too. Maybe it was just the niche I chose. I was trying for Outdoor Sporting Goods...... I also have a DOBA, and DSDI membership. I did many days and hours researching without much luck.
I don't know. I am enjoying Affiliate Marketing more anyway.
Success to us all!!!
Trish
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