Friday, September 2, 2011

"Lots" and lots of money Using only s and Paypal

This is a guide tobuying things off of okay and then reselling tham at a profit Using only okay and PAYPAL
I have found it very easy to make money on okay and i would like to pass on this information to you. Here is what i do. First i start looking at the lots or items sold in bulk and when i find somthing that seems to be way below the average price I sometimes buy them. If i am unsure of the price I often reseach what other people are asking for the same item. It is best to find an item that you are familiar with. I found dvds to be to low of a profit margin and also have had problems with the condition they are in when i recieve them so personally i would suggest you stay away from them. Here is an example of how it is done. Usually i start buy entering the word lot into the top right search bar and then it will bring up all the catogories that have that word in them. from here I hit the search button again but this time the one just above the catogories list. this will bring you to all the items that have the word lot in them. from here since there are so many items for sale the first few pages will be ending in a matter of seconds o i usually just skip to page 10 or so to give me time to look over an auction if it catches my eye. It is best to buy things that do not weigh alot so you dont loose money to shipping. after you have purchased a lot or two it is time to start relisting them. I never use buy it now because i think it sort of kills what everyone likes about okay. If i know i spent $30 on 12 pairs of sunglasses then to make my money back i need to make a profit of at least $3 a pair to get any return. Since shipping on an item this size is never mor than 2 bucks i would start the auction at $0.01 and set a $5 dollar shipping price this way you get more people looking at your item and and thereis no way you can take a loss. you will find that listing as many none identical items at once as you can will help your profit go up also but if you have duplicates of one item listed at the same time a good okayer will not bid on one if he sees that there is one at a lower price. so try to keep items listed and keep your proffit going.
This is the only reason that htis will not work for some of you: You absolutely can not keep an item from a lot unless you have recooped all of the money that you spent. I woud also suggest that you get a paypal debit card as it is nice to pay for shipping with since you are only using money made to pay bills instead of mony you had somewhere else. This will give you a more accurate view of your profits.
Thank you for reading this good luck and hopefully i will win some money for entering my Guide.

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