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Arbitrage and
Why It Represents the Very Best Way to Make Easy Money on eBay
Someone asked me THAT QUESTION again today: ‘What Can I Sell on
eBay?’; someone got their back up again today and complained ‘I
work full-time (also: ‘I am housebound’ / ‘I don’t have
transportation’ / ‘I’m a sworn recluse, I just don’t leave the
house for anyone!’ / yada, yada, yada!) and I can’t get out to
boot sales and flea markets, there’s just no way on earth I can
travel to buy stuff to sell on eBay!’
My
usual reply to anything of that ilk? ‘You don’t need to
leave home, you don’t have to give up the day job, you don’t
need to spend hours looking for really fabulous, high profit
stuff to resell on eBay. You can do it all from home,
sitting at your computer, any time of day or night, and it’s
never going to get easier or cheaper than this!’
That’s because one of the very best places to find products to
resell on eBay is actually on eBay itself. I look on eBay
every day for stuff other people are selling, usually stuff they
are selling very badly, and very often I buy whatever those
people are selling and relist it later on eBay. And make
very good profits!
Usually referring to items bought in one place and sold in
another, arbitrage represents a very easy way to make big money
fast and is the process by which many of the world’s top eBay
PowerSellers obtain their entire stock.
But arbitrage does not mean simply buying at flea market or boot
sale and reselling an item on eBay, or buying from wholesalers
or auction and reselling your acquisitions on eBay. For
most eBayers ‘Arbitrage’ means simply buying items from other
eBay sellers and relisting them later, free from the
spelling mistakes and other errors and inaccuracies that caused
those items to sell so cheaply on their first eBay appearance.
It’s a great way to make money but it takes time, it can be
boring and sometimes very confusing. It can also turn
nasty where the original owner realises they’ve helped someone
else to a very tidy profit.
All of those problems, and many more confronting the arbitrage
newcomer, have very easy solutions, which I’ll reveal to you
now.
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Don’t waste time checking listings with several days still left
to run which could still attract frantic bidding if the seller
corrects his mistake and revises the listing. Focus instead on
listings with just a few minutes left to run and no bidders.
Access them by clicking on ‘Sort By: Time Ending Soonest’ at the
right side of any eBay selling page, or go to: http://www.noauctionbids.com
*
Use separate eBay accounts for buying and selling arbitrage
items. A disgruntled seller is much more likely to realise
his mistake where buying and reselling takes place inside one
account. You can have as many eBay accounts as you like as
long as you use a different email address for each.
*
Another way to avoid confrontation is to list arbitrage items a
week or two after their original listing or when sellers
are less likely to remember you and have already left positive
feedback.
*
The best arbitrage opportunities exist where original sellers
misspell their product title and descriptions and this is the
easiest place for you to profit. But don’t waste time
checking thousands of listings individually when you can check
the entire eBay marketplace in seconds at: http://www.fatfingers.com
or
http://www.typlo.com
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Look for products other eBayers are selling inexpensively in
bulk, such as entire stamp collections, complete shop contents,
and so on. Dismantle and sell your acquisitions
individually with a good mark up.
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Sell on a different eBay site to that from which you bought.
This serves several purposes, not just to protect yourself
against unhappy sellers who may get jealous and leave negative
feedback. Selling on different sites also means targeting
different people with greater enthusiasm to buy your
acquisitions. A good example is where you buy British
Football programmes attracting little or no interest on eBay’s
China site which sell like hot cakes later on eBay.co.uk.
Don’t worry too much about language difficulties: ‘Chelsea’,
‘World Cup 1966’ and ‘Manchester United’ will usually be spelled
exactly the same no matter where they are listed.
Avril Harper is a triple eBay
PowerSeller and author of BANK BIG PROFITS SELLING VINTAGE
TOPOGRAPHICAL VIEW POSTCARDS ON EBAY which you can read about
at:
http://www.sellpostcardsonebay.com and MAKE MONEY TEARING UP
OLD BOOKS AND MAGAZINES AND SELLING THEM ON EBAY which you can
read about at:
http://www.magstoriches.com
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