How many of you buy discounted cheap crap and resell on ebay?

[StageLeft]

I have not done this much, but the few times I've dabbled, it's worked. A lot of online retailers will sell out on items they have too much stock of/are discontinuing. I bought several pairs of shoes once that were inexplicably cheap and sold on ebay for a profit and recently with some electronics that I knew were well below market price and the site was just desperately trying to offload. I recall that PAB does this or used to on a grand scale.

One certainly wants to avoid doing it for things that are "overly geeked". For example, if a popular discount site lists cheap harddrives, it's safe to assume people will hit up officemax, grab the thing, and ebay it, so there will be a temporary deluge of the item on Ebay.

 

[crystal]

Never - That sound like works and I have little free time as it is.

 

[radioouman]

I do it occasionally. Sometimes it works, sometimes I just barely break even.

 

[mugs]

Not really worth my time.

 

[PingSpike]

I've thought about it. I read some one used to browse the most popular items on amazon.com, then search for and buy them off ebay. Then they turned around and resold them on amazon (which apparently is a lot more friendly to sellers fees wise?)

 

[Jeff7181]

I know one guy who does it. Usually he buys palates of stuff from local stores and resells it all individually for profit. He also goes to some of those storage places when they auction off abandoned storage units.

 

[Scarpozzi]

You could do it, but you REALLY have to know what you're doing. Some things don't really have a lot of value unless they're new.

Edit: I'm sure the folks in Scottsboro at the Unclaimed Baggage store rack up on their eBay accounts. Maybe you should drive up and ask them what they have the most luck with.

 

[trmiv]

Originally posted by: Jeff7181
I know one guy who does it. Usually he buys palates of stuff from local stores and resells it all individually for profit. He also goes to some of those storage places when they auction off abandoned storage units.

My uncle does that too. He makes a decent amount of extra money doing it too.

 

[amdskip]

Sometimes, I'm always out to make a buck if possible.

 

[FoBoT]

no time for that

 

[Alistar7]

IMHO you are better off drop shipping rather than laying out $ for an inventory.

 

[intogamer]

Originally posted by: FoBoT
no time for that

yet time for nef :beer::laugh:

 

[alkemyst]

When I worked from home I would often do this. I didn't go out and hunt items down though, just found things online to move to ebay.

Many people that say they just don't have time for it are simply not capable and many waste time on other pointless things and then complain they can't make ends meet.

Some things I could pick up for under $100 and sell for several times that. Now I don't have time due to my job...I am debating whether or not to get back into working for myself again. The money is about the same save the benefits I get here now....but it's up and down. Some months you practically do nothing and money rolls in, others you are putting in 16 hours+ a day and not making anything.

 

[waggy]

I do.

i go to auctions and garage sales all the time. then put the good stuff i don't want on ebay. i usually make a good profit from doing it.

 

[HannibalX]

Buy low, sell high. Pick a market (eBay if you choose) and start making $$$.

 

[Ns1]

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[CrackRabbit]

I usually don't do it with retail items, but I have done it with things I have purchased at goodwill.

 

[intogamer]

re-bay FTW!

 

[StageLeft]

Nice, what kind of auctions do y'all hit up? Are there local listings for these things?