Ebay - Buy low, Sell High?

United States
November 18, 2010 8:33am CST
Hello, I am looking to make some extra money online. I heard that someone buys the daily deals and resells them later. Is this a good idea? If not, where can I get cheap items to resell on eBay? I've been looking for this answer for almost a year. I hope this site will help me. Thanks.
6 responses
@vicereine (451)
• United States
30 Nov 10
I've heard of people making a lot of money selling on ebay but for myself I tried it once and did not make so much. I guess I just really don't have the knack for selling stuff even online lol. My advice is start with something small and don't invest too much into it because what if you don't get the buyers that you want to get then you loose out on a lot. I say give anything a shot as long as you don't loose too much in the end.
• India
27 Nov 10
first rule of making money dont do anything if u dont have prior exp with that thing the chances are u will get loss so dont attempt it
@Wizzywig (7847)
18 Nov 10
When you do this, you have to remember that ebay will charge you a listing fee and a final value fee, plus there will be paypal charges if you are paid that way. Ebay also monitor their sellers and may make you change to a business account - which, I believe has higher fees.It is a bit of a balancing act as to whether you can buy cheap enough to be able to sell at a price that will cover all the costs involved. There are a lot of people out there trying to sell.
@wiggles18 (2506)
• Canada
26 Nov 10
Buy things off eBay, then sell them over places like craigslist for more, and vice versa.
@puccagirl (7294)
• Israel
18 Nov 10
I know a lot of people do it, so it can't be a bad idea, but I do think you need to choose the product wisely. I know a lot of people who do this buy their stuff in China and in other Asian countries and then sell the stuff to Westerners. It seems like the clever thing to do to me, but I have never done it myself.
@Hliasvl (142)
• Slovak Republic
18 Nov 10
Ebay is a good way to earn some money. I was not try it like reseller but I was try it like seller. Try to find anything in your home that you don't need and put it to ebay. For example, I had an old... very old black and white screen laptop. I was opened it and take out any part that I can separate from this machine and put it in ebay part by part. Believe it or not, after two months everything was sell !!! I make from this about $80 clean money!! There are also some items that I have them in ebay for almost a year and nothing shelled. So, Yes you can make money on Ebay !