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11-18-2008, 10:01 AM
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Noir Member
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Join Date: May 2008
Location: Chicago "OUT WEST"
2,194 posts, read 1,380,479 times
Reputation: 740
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How do people sell things on Ebay so cheaply?
I'm sure most of you computer savoy folk have bought and even sold things on Ebay- but what I've always wondered is how can some people sell things so low (e.g.) a new CD is released and it sells at the local Best Buy for $10.99- the same CD on Ebay is $6.99. I mean where are these people getting their merchandise from?
Last edited by Bowie; 12-02-2008 at 07:27 PM..
Reason: Moved from General US.
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11-18-2008, 10:15 AM
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Senior Member
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Join Date: May 2008
Location: Jackson Heights, NY
1,676 posts, read 1,282,832 times
Reputation: 261
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The warehouse, stolen, discounts, etc. Why is this in the General U.S. forum? lol
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11-18-2008, 10:19 AM
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Noir Member
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Join Date: May 2008
Location: Chicago "OUT WEST"
2,194 posts, read 1,380,479 times
Reputation: 740
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Quote:
Originally Posted by analyticalkeys
The warehouse, stolen, discounts, etc. Why is this in the General U.S. forum? lol
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wanted to maximize the responses- I' m sure I'll be moved though |
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11-18-2008, 10:22 AM
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Senior Member
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Join Date: Sep 2006
3,387 posts, read 2,273,867 times
Reputation: 1398
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My friends mom is obsessed with Garage Sales. She just loves wandering around neighborhoods and finding little "treasures" that people are trying to get rid of. Sometimes it's amazing what she can find for $5. Stuff you'd buy in a store for $30, but people just want to ditch it - now.
Anyway, she finally started putting stuff on Ebay a few years ago. Mostly so she had a reason to buy more stuff at Garage Sales and see how good she could do on deals.
She's made tens of thousands just buying stuff at sales and then turning right around and selling them on Ebay that same day.
My dad has sold some stuff as well that he's collected over the years. Although I think most of the stuff is like overstock, excess goods, things on clearance. You get a super good deal, buy a ton of it and then mark it up 10% and sell it on Ebay.
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11-18-2008, 10:33 AM
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Noir Member
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Join Date: May 2008
Location: Chicago "OUT WEST"
2,194 posts, read 1,380,479 times
Reputation: 740
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Quote:
Originally Posted by Chicago60614
My friends mom is obsessed with Garage Sales. She just loves wandering around neighborhoods and finding little "treasures" that people are trying to get rid of. Sometimes it's amazing what she can find for $5. Stuff you'd buy in a store for $30, but people just want to ditch it - now.
Anyway, she finally started putting stuff on Ebay a few years ago. Mostly so she had a reason to buy more stuff at Garage Sales and see how good she could do on deals.
She's made tens of thousands just buying stuff at sales and then turning right around and selling them on Ebay that same day.
My dad has sold some stuff as well that he's collected over the years. Although I think most of the stuff is like overstock, excess goods, things on clearance. You get a super good deal, buy a ton of it and then mark it up 10% and sell it on Ebay.
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That's very interesting- I learned yesterday while watching the news that Alexus Giannoulias and the Illinois State Treasury department would be selling people's unclaimed items on ebay for state revenue  eBay Store - IL State Treasurers Unclaimed Property Division Springfield: Jewelry Rings Bracelets necklaces diamond, Coins Currency
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11-18-2008, 10:36 AM
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Senior Member
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Join Date: Mar 2008
Location: Edgewater, New Jersey
465 posts, read 369,619 times
Reputation: 133
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I sell a lot of industrial equipment on eBay. A lot of it comes from jobs we do where either we or our client has over-ordered and the items cannot be returned. In many cases, our client does not want to deal with selling it or trashing the goods themselves, so it sits in our warehouse. I list those items on eBay and resell them at really good prices. They were already paid for once, so its 100% profit at whatever amount we get for it.
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12-02-2008, 07:26 PM
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Moderator
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Join Date: Nov 2007
Location: Texas
6,411 posts, read 3,930,182 times
Reputation: 2335
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Quote:
Originally Posted by noid_1985
wanted to maximize the responses- I' m sure I'll be moved though
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Right you are! 
__________________
Moderator: El Paso, General US, Madison and San Antonio.
Temporarily Moderating: Texas
When I post a whole sentence in bold, that's moderator action. The TOS says you can discuss moderator action only via Direct Message.
Everything else I post is OK to discuss/question/disagree with in the forum.
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12-02-2008, 08:11 PM
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Senior Member
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Join Date: Aug 2007
Location: Alexandria, VA
1,587 posts, read 1,216,845 times
Reputation: 485
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You also have to watch what some folks want to charge for shipping - they think they can make up the price on that. As an EBay buyer, I won't pay outrageous shipping fees.
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12-02-2008, 11:08 PM
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Licensed Mortgage Broker and Banker/Realtor
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Join Date: Aug 2008
Location: Fort Myers, FL
1,287 posts, read 670,722 times
Reputation: 222
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best buy is probably one of the most expensive stores you can shop at.
that aside, you can buy most products for cheaper. i know a lot of people who sell products from crates. you never know what comes on it, but you buy a crate and sell whatever is on it. its basically overstocked/warehouse product. items that have fallen off lines, didn't sell. eventually they make there way to other places.
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12-03-2008, 09:31 PM
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Senior Member
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Join Date: Jan 2008
2,856 posts, read 1,409,199 times
Reputation: 5109
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Sell the CD $3 cheaper, and then add on another $3 in shipping....
You have to look at the total cost, not just the buy it now cost.
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