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How do you become a Powerseller on Ebay?

Discussion in 'Off Topic [BG]' started by mattsk42, Nov 22, 2006.


  1. mattsk42

    mattsk42 Supporting Member

    I know a guy that does this by going to auctions and selling mostly antiques, but I haven't asked how he really does it, and I just met him really.

    How do you go about doing this for a semi-living salary? I know you won't make a good living (or can you?), but for a "part-time" or college job, I think it would be OK. Anyone know details on how much you make or what it takes to get into it?
     
  2. RWP

    RWP

    Jul 1, 2006
    A lady came by my yard sale this summer and told me she was making $2500 a month selling this stuff! Not exactly a Power Seller, but still pretty impressive.

    Seems to me you would have to be buying container lots of product from over seas to get pricing low enough to really make it work.
     
  3. mattsk42

    mattsk42 Supporting Member

    Yeah, I don't need the whole "Powerseller status" or anything, I'd just like anywhere around 800 a month so I can pay rent, etc. I buy and sell all kinds of stuff anyway, and actually enjoy the various "dealings" of it.
     
  4. tplyons

    tplyons

    Apr 6, 2003
    Madison, NJ
    Keep in mind that it involves overhead, and if you're struggling to make payments now, eBay is not the way to do it. No guarunteed sales, no guarunteed income. I do it with guitars because I play them until I sell them, I keep what I like and move the rest.
     
  5. Yup that's how I supported gear habits for years, get stuff for really good deals used, then sell it for as much as you can get for it, and have fun with it in the meantime. Sometimes you take a loss, but usually it's either the same as you paid for it, or more, even double your money.
     
  6. Brad Maestas

    Brad Maestas Sono est omnia Gold Supporting Member

    Nov 26, 2003
    Petaluma, CA, USA
    +1

    All the stuff I've sold so far has been somewhat larger/heavier items like camera equipment, basses, guitars and audio equipment. If I sold some of my sports cards I could probably start making a little extra on the side. It seems like the people who move a lot of stuff sell smaller items that are easy to ship. That's not always the case, of course, as some people sell big antique dressers and stuff every day. It has a lot to do with how much work YOU want to put into it. Some of my friends have gotten accounts with the major shippers so they can use their pickup service and not have to carry or drive the stuff to a retail location or dropoff point.

    $800 is a lot to rake in on profits after taxes, selling fees and personal time are calculated. You'd either have to sell a LOT of little stuff or quite a few big ticket items. That being said....my buddy who was somehow able to procure two pairs of the ultra-limited custom LeBron James Nike's, just sold them to an ebayer in person today and made a $700 profit! :eek:
    Lucky bastard! :spit: :smug:

    Good luck with your venture!
     
  7. supergolum

    supergolum

    May 30, 2006
    Quebec
    A friend of mine makes some money by selling stuff on ebay. He kind of specialise in video games. I think he started an Ebay store (not sure) and try to buy big packs of video games (100-200 at the same time) for 2-3$ each game, and sell them separately for like 5-10-15-20 depending on the game.

    It's good money, but it seems like a lot of work. Plus you definitely need some money to start your business (to buy the first things you will be selling).

    So I think the best for you would be to buy a big pack of whatever you will be selling for a low price, and sell them individualy for a higher price!


    good luck :)
     
  8. Sell some power. First you'll need to get some.
    Talk to He-Man, cos apparently he has the power :D

    (I'll call myself a cab)
     
  9. ric1312

    ric1312 Inactive

    Apr 16, 2006
    chicago, IL.
    I've looked into this. I even bought some $40 scam course that I could have found all the same information on the ebay forums. Things to look out for.

    1. ebay courses. You can find all the info you need on ebay you dont' need a course. The course I mentioned was actually a upsell scam. After you buy the $40 dollar course then they try to get you on the phone and hit you for everything they can 6k or more, and tell you it is for a power seller phone training course and you will be rich. They'll even ask you how much available credit you have on any credit cards to see if you, "qualify," for the training course.

    Same old story, more people making money selling the shovels then finding the gold.

    2. The myth that you can get cheap products from dropshippers and sell them on ebay for profit and never stock items. Doesn't happen. And if it does, that item has already been sold to death and has high competition.

    sure there are dropshippers, but if you even sell some of the junk your profit margin will be so horrendously low it won't be worth your time.

    3. Overstock. Some courses claim they directly contact companies and will buy their overstock for pennies on the dollar and then sell it on ebay. And of course if you buy their ,"get rich on ebay BS course," for x amount of dollars they'll show you how. I bought a different course for $40 dollars. At the end was the big upsell, where this idiot tried to get you to buy her, "rolodex of contacts," for $400 + dollars so you knew where to call to get overstock for pennies on the dollar.

    Number 3 however brings up a good point about who actually makes money on ebay. The people who have real goods that other people actually want. In other words you have to go to garage sales and flea markets or get amazing deals on things, stock them up and then sell them for a profit. Sounds like hassle. Surprise, just like any business it is a hassle and complicated, but can make you money if you know what you are doing.

    When ever some course advertises to take the hard work/hassle/learning curve or whatever out of starting a business and making it a breeze, run far away. If it was a breeze everyone would be an ebay millionaire.
     

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