This is the better part of all of this!! Without giving away too much ( remember, buy the book! ), here’s a few examples demonstrating how much money I have made just in the week. If this doesn’t sound good to you, then I’m not sure what would!
I got this amazing sweater, a brand i’ve never seen in a thrift store in all my years of shopping, but a name that I have known because I have seen it at a top-end mall that I have been to.
Auction end price + shipping received =$64
Cost of item = $6
Ebay fee’s = $2.98 (listing + final value fee’s minus my “top-rated seller discount of 20%)
TOTAL TIME SPENT ON THAT ITEM FROM TIME I PICKED IT UP UNTIL TIME IT WAS SHIPPED = APPROX 10 minutes
Another example :
I was buzzed to see that this was $8.98 and 75% off on top of that, so I paid a gigantic $2.25 for it! Barely the cost of the thread that holds the coat together! Yippee! Why was this fur coat so inexpensive, you ask? It needed a TON, and I mean a TON, of work done – work that was’doable’ though. Time is money though right? Maybe. There are times when my child is playing on the floor in front of me, and i can’t leave her to go on the PC and do work, but I’m simply just sitting on the couch as she plays. And that’s exactly what I did.
Auction end price + shipping received =$188
Cost of item = $2.25
Paypal fee’s = $5.75
TOTAL PROFIT = $163!!
In this last example, you can see that my time on that jacket was worth about $80 an hour. Still better than any job I could get out of the house!
This is the kind of cash that I am making on at least half of my auctions. I like to bring more traffic to my auctions, so I have’filler’ auctions – auctions on items that I make about $5-$10 profit per item. These are items that I am really acquainted with, need no research on my part, I already have footage for, or don’t need much effort on my part. If I spend 5 minutes on those kind of auctions, I am still making $100-$200 an hour based on those’filler’ auctions. Sound good?? I think so!
If you are interested in more on this subject please click on this: Best items to sell on ebay