Get rid of old stuff on ebay/cl/fb marketplace.
Or buy stuff from ebay/cl/fb marketplace and sell on Amazon.
and plugging a friend: https://www.flipmine.com/ scrapes arbitrage opportunities b/w ebay and amazon.
and plugging a friend: https://www.flipmine.com/ scrapes arbitrage opportunities b/w ebay and amazon.
Second, there's a limit on how much you can list / sell as a beginner. So don't count on being able to liquidate collections or extra stuff in a flash.
And third, Ebay is incredibly biased towards buyers - so if you're looking to sell something very expensive, try local first - where you can get cash in hand. I've lost thousands of dollars on Ebay as a seller, even though I've followed every step to secure myself.
But other than that - it's a very hard place to beat if you're looking to sell something. I'm selling on a TON of channels, but it's really hard to beat Ebay for actually getting stuff sold.
If you sell something expensive, ebay will usually give you a "5 listings with halved or waived final value fees" a few weeks later. Strategize accordingly.
I buy in to the idea of what they're selling - used goods arbitrage - they're just selling another form of a "get rich scheme". Follow the money.
If this niche were so great then the proprietors would keep this software platform to themselves to identify the opportunities and perform the work. Instead, they "offer" you the opportunity while they take in a $39 monthly fee for their service.
That's my take on almost the entire industry of "make money doing X, just use my service or take my course!" Bro, the real money is conning these suckers.
A fool and his money will soon part ways.
There is a much greater efficiency in operating a SaaS over a full-fledged business, since the SaaS has almost 0 marginal costs, so every additional $39/mo requires nearly no work.
In contrast, generating $39 in profits through arbitrage requires at least some work and has risk. If you buy a product and sell it to a person who gets a refund, then you lost money.
The tricky part is finding those listings in the first place because they will often be at the bottom of many searches due to poor relevance. Searching by "ending soonest" on eBay can bring up many hidden treasures.
You then need to have a good idea of the market rate of what you are selling and factor in a healthy margin: postage costs and handling time can add up quickly.
But I’m sure eBay’s search has gotten better at delivering misspelled listing in results over the past decade so perhaps it’s not as useful as I remember it being.