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Is this a profitable idea? Do you have Exp. With this? Please help

I got a better idea lets buy 99 cent hamburgers and then sell them for 2 dollars

Everyone like hamburgers right?

To the OP you dont buy things at retail and then sell them for a higher retail price.

You buy wholesale and then sell at retail.

If a mexican guitar goes for 200 bucks than the cost is close to 80

Call fender and see how much a lot of guitars goes for...than you might make money.

Almost everybody checks Musicians Friends for prices, even other music stores.

So if they sell it for 200 why the #### would i buy one for 300
makes no sense.

Buying and selling is what business is all about..... True

But we dont use retail as supply...we use wholesale
 
yeah, i didn't read hundreds and thousands of threads about eBay and I don't intend to read hundreds of arguments here, which I don't intend to counter, because ... well, what's the point.

but IMHO failed businesses and people who lost their jobs are all a part of capitalism. it's meaningless to blame someone or call organizations "immoral" (only individuals, humans, can be moral). commercial organizations act in response to trends and their officers make business decisions so as to benefit the shareholders. Within legal constraints. Period.

I had a failed business on eBay. I don't blame eBay, it's part of entrepreneurship. I've lost jobs, sometimes not in a very nice/fair fashion, but you move on and look forward, not back.

Who would read thousands of threads of people whining? Whiners will always whine and complain, they tend to be more vocal and anal.

With that I am signing out of this thread and happy selling, everyone ;)
 
yeah, i didn't read hundreds and thousands of threads about eBay and I don't intend to read hundreds of arguments here, which I don't intend to counter, because ... well, what's the point.

The point would be understanding the underpinnings of an organization. That's why the WWW is here - to get hands on, instant knowledge about things. Your response sounds like an excuse to be lazy about it.

Fact of the matter is, OP, if you are going to get into the business you'll likely have to deal with the archaic, Nazi dinosaur Ebay with it's thousands of draconian rules. The policies get worse every year and so do the fees. It is a monopoly - so the competition struggles. Soon (as the vast majority of Ebay sellers hope) someone will come along and retake the integrity of ecommerce. If you are truly interested in "flipping", do every bit of research you can on all selling venues. Finding good deals is only half the battle. Making the sale is the other half. If you do go through with it and you choose Ebay, only mine it until the gold runs out. I figure I will be drawing my chips very shortly and/or moving some of them to other venues.
 
Many Ebay sellers are shutting down after being in business since the late 90's with Ebay because Ebay is constantly changing the rules on them and taking away thing they had originally given them.

That's the sellers' prerogative. If you don't like the way Ebay does business, don't do business with them.

As far as things like cutting pay, I had to give across-the-board pay cuts to all of our employees when the economy went south a few years ago. I had numerous people come into my office and thank me for doing it, since it saved quite a few jobs. A ten percent cut is better than unemployment. Sometimes you have to step outside your inherent hatred of corporations to understand why they do what they do. BTW, when we gave pay cuts, the company's owners took the first and deepest cuts.
 
That's the sellers' prerogative. If you don't like the way Ebay does business, don't do business with them.

As far as things like cutting pay, I had to give across-the-board pay cuts to all of our employees when the economy went south a few years ago. I had numerous people come into my office and thank me for doing it, since it saved quite a few jobs. A ten percent cut is better than unemployment. Sometimes you have to step outside your inherent hatred of corporations to understand why they do what they do. BTW, when we gave pay cuts, the company's owners took the first and deepest cuts.


In 2009, John Donahue (the CEO of Ebay), earned over 10 million dollars in total compensation while Ebay was raising fees, killing sellers, and the economy was tanking. I step out side of my hatred for Corporations when it is valid, just like you should step outside of your blind love for them when it is valid. Just because you were honest with your employees and tried to make it work doesn't mean everyone else is. And most aren't. I worked for one of those companies - stealing pay from paychecks and making up rules about how things were done.

You really don't understand some of the people that are on Ebay. Ebay is essentially a monopoly within it's own niche; alot of people have been doing it for a living...not just as some pastime. Recently many, including myself, have learned that it is not worthwhile to use it for a living. However, they did not know this from the start, because Ebay changed the rules on them numerous times. Once again, I'm not talking about giving paycuts when your company is on a downslide - I'm talking it is akin to giving paycuts when your company is prosperous. I bet if your company's quarterly sales chart came out and you were breaking records but then you decided to cut everyone's pay, I doubt if you'd have people coming in thanking you.
 
Well, I see your point, but it's the same thing with employment. If you don't like how the company compensates you for your efforts, don't work for them. I used that concept to keep employees on board for years. We have quite a number of people who join us because they talked to their friends at the company.