Comments on: Shopping, and reselling, for a living http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/ Personal finance, commentary, and spending less the easy way Fri, 19 Mar 2010 14:24:44 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: Just Sayin http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-184512 Just Sayin Wed, 15 Jul 2009 00:54:10 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-184512 I would think finding enough clearance and marked down items to make a living on Ebay would be very tough to do. It looks like alot of sellers are sourcing items made in China. If you are lucky enough to actually find products with decent profit margins you will have an endless supply. Listing the same items over and over is also alot easier then writing new listings for every item you sell. I would think finding enough clearance and marked down items to make a living on Ebay would be very tough to do. It looks like alot of sellers are sourcing items made in China. If you are lucky enough to actually find products with decent profit margins you will have an endless supply. Listing the same items over and over is also alot easier then writing new listings for every item you sell.

]]> By: CHRISTINE http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-51007 CHRISTINE Sun, 13 May 2007 05:39:43 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-51007 I HAD TO CHUCKLE WHEN I VIEWED THE ARTICLE WRITTEN ABOUT ME APPEARED HERE. I ONLY SHOP FOR FUN. ITEMS DO POP OUT AT ME A LOT. IT'S ALL IN KNOWING WHAT'S HOT AND WHAT'S NOT. TRY TO ANTICIPATE TRENDS AND ACT ON THEM. THOSE FREE TOYS FROM MCDONALDS.......I WAS SELLING MY DAUGHTERS DUPLICATE MADAME ALEXANDER DOLLS (ESP. #1 AND 2) FOR 8-10. A PIECE. MORE FOR THE COMPLETE SETS. BUY OFF SEASON AND HOLD ONTO YOUR ITEMS FOR 6 MONTHS BEFORE RESELLING. IT JUST TAKES SOME GOOD STRATEGY, PLANNING AND A LITTLE LUCK. PS I DO EBAY BECAUSE IT IS MUCH EASIER THAN DEALING WITH DOCS AND PATIENTS IN MY OTHER CAREER.......NURSING. CHRIS I HAD TO CHUCKLE WHEN I VIEWED THE ARTICLE WRITTEN ABOUT ME APPEARED HERE.
I ONLY SHOP FOR FUN. ITEMS DO POP OUT AT ME A LOT. IT’S ALL IN KNOWING WHAT’S HOT AND WHAT’S NOT.
TRY TO ANTICIPATE TRENDS AND ACT ON THEM.
THOSE FREE TOYS FROM MCDONALDS…….I WAS SELLING MY DAUGHTERS DUPLICATE MADAME ALEXANDER DOLLS (ESP. #1 AND 2) FOR 8-10. A PIECE. MORE FOR THE COMPLETE SETS.
BUY OFF SEASON AND HOLD ONTO YOUR ITEMS FOR 6 MONTHS BEFORE RESELLING.
IT JUST TAKES SOME GOOD STRATEGY, PLANNING AND A LITTLE LUCK.
PS I DO EBAY BECAUSE IT IS MUCH EASIER THAN DEALING WITH DOCS AND PATIENTS IN MY OTHER CAREER…….NURSING.
CHRIS

]]> By: Patrick http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-50475 Patrick Thu, 10 May 2007 16:25:02 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-50475 I know some people who have made money using Ebay, but none that have made it a full time job. I'd be interested in finding out if you could earn a living from it. I do like the idea of buying idems at a discount and if they dont sell then returning them. I know some people who have made money using Ebay, but none that have made it a full time job. I’d be interested in finding out if you could earn a living from it.

I do like the idea of buying idems at a discount and if they dont sell then returning them.

]]> By: Jenn @ Frugal Upstate http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-50474 Jenn @ Frugal Upstate Thu, 10 May 2007 16:20:46 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-50474 One thing to consider is when you are buying from a non-national chain dollar store. We have a very nice local (ie state) chain that sells items I never see anywhere else. I could see where someone might do well selling some of their stuff. Also, if you are willing to ship internationally or specifically to a military PO box, you may have an audience of folks who CANT get to the same store you ran around the corner to and bought it from in the first place. But personally that all is still too much effort for me. I've got other projects to spend my time on, like reading everyone elses blogs and writing on my own ;) One thing to consider is when you are buying from a non-national chain dollar store. We have a very nice local (ie state) chain that sells items I never see anywhere else. I could see where someone might do well selling some of their stuff.

Also, if you are willing to ship internationally or specifically to a military PO box, you may have an audience of folks who CANT get to the same store you ran around the corner to and bought it from in the first place.

But personally that all is still too much effort for me. I’ve got other projects to spend my time on, like reading everyone elses blogs and writing on my own ;)

]]> By: Gaming the Credit System http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-50363 Gaming the Credit System Wed, 09 May 2007 22:39:10 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-50363 It is not hard to do this, but you have to keep on top of the prices and know what to look for. I made about $30 profit on several Gigabit routers that I bought on clearance at Staples, and about $65 profit on some All-Clad cooking pots that I bought from a local department store on clearance at 75% off. One really nice thing about doing this is that most stores have a 30-day return policy. This is plenty of time to put it on eBay and try to turn a profit on it. If not, just return it and your monetary loss is $0! Of course, you wasted some time, but still.... It is not hard to do this, but you have to keep on top of the prices and know what to look for. I made about $30 profit on several Gigabit routers that I bought on clearance at Staples, and about $65 profit on some All-Clad cooking pots that I bought from a local department store on clearance at 75% off.

One really nice thing about doing this is that most stores have a 30-day return policy. This is plenty of time to put it on eBay and try to turn a profit on it. If not, just return it and your monetary loss is $0! Of course, you wasted some time, but still….

]]> By: mbhunter http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-50212 mbhunter Wed, 09 May 2007 02:01:19 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-50212 Ben, the article I linked to surprised me enough that I was going to give you the benefit of the doubt. And you found stuff that you can re-sell. I stand corrected. (Actually, I sit corrected.) ;) Plus6, those can be gold mines. I haven't had the guts to bid on one yet. Ben, the article I linked to surprised me enough that I was going to give you the benefit of the doubt. And you found stuff that you can re-sell. I stand corrected. (Actually, I sit corrected.) ;)

Plus6, those can be gold mines. I haven’t had the guts to bid on one yet.

]]> By: Plus6 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-50179 Plus6 Tue, 08 May 2007 19:45:15 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-50179 I think many people underestimate how difficult reselling on eBay can be, especially if you are making your living at it. I have known people that are full time eBay sellers and it's a tough business. One thing they did was to go to storage unit auctions in which someone stops paying on their storage unit, and all the contents gets auctioned off. I have only sold on eBay personal effects I no longer used. I think many people underestimate how difficult reselling on eBay can be, especially if you are making your living at it. I have known people that are full time eBay sellers and it’s a tough business. One thing they did was to go to storage unit auctions in which someone stops paying on their storage unit, and all the contents gets auctioned off. I have only sold on eBay personal effects I no longer used.

]]> By: Ben http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/comment-page-1/#comment-50160 Ben Tue, 08 May 2007 16:53:58 +0000 http://www.mightybargainhunter.com/2007/05/08/shopping-and-reselling-for-a-living/#comment-50160 You might be right about Tuesday Morning, I hit a big sale there over the weekend and was somewhat disappointed in the number of things I found. I did get 6 really good deals that will make me $20-$40 each but I was hoping for more. I think I can make money there but I'll have to settle for lower margins than I'm used to. However, if I can increase my volume then I should still see a boost in cash flow. You might be right about Tuesday Morning, I hit a big sale there over the weekend and was somewhat disappointed in the number of things I found. I did get 6 really good deals that will make me $20-$40 each but I was hoping for more.

I think I can make money there but I’ll have to settle for lower margins than I’m used to. However, if I can increase my volume then I should still see a boost in cash flow.

]]>