Making money being a middleman

 

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okay! this is not a new method. I've read this middleman method here on BHW ...
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    Default Making money being a middleman

    okay! this is not a new method. I've read this middleman method here on BHW but its different. It talks about services on the web. Relating this to my method, i thought of something.

    This is my idea.

    1. Go to malls. List products that are on sale. Say for example, a brand new mcbook air sale for only $600.

    2. After listing such products. Go to egay or any site that you could sell. Sell them on high price. Say the mcbook air for $700. If you Receive the money then go hurry and buy it then deliver it to your buyer. So you get extra $100 huh?


    I know this method isn't new. But don't be so rude guys. It is just, I did think about this last night haha.

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    Default Re: Making money being a middleman

    you can do this on Black Friday and make some good profit. i have a friend that goes out and drops $10k on Black Friday and turns around and sells everything and nets about a $5k profit. it's a nice one day hit.

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    Default Re: Making money being a middleman

    lol. check out UPS shipping costs for a macbook from the USA to Canada. + Duty.

    Good idea, works well for small products like when up here Future Shop was blowing out 8G Kingston sticks for $9.99. At the time I was working for them doing an internship and I bought 30 with a massive discount, lol. Cost me in all like 180? something like that. I turned around and sold them on Ebay for 15-20 + 2 shipping. Made decent one time only cash.
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    Default Re: Making money being a middleman

    might give this a try. haha. hope i could get decent money for my schooling.

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    Default Re: Making money being a middleman

    this is something very similar to one of the methods I'm using, and yes, it can also work for you.

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    Default Re: Making money being a middleman

    Have you ever tried social networking sites, like pikaba to do this on a larger scale? Its like black friday everyday.
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    Default Re: Making money being a middleman

    yep this works, ive been watching a guy on ebay selling a product that he pays 5k for (maybe less, but i can get it for 5k) and he sells for over 6k.. he sells about one a month as well as smaller lower value items. i won’t say what he is selling because i want to try it myself ..there is also a site called www.terapeak.com where you can find the average value of say a high spec SLR camera in different countries, then you buy from the cheapest country and sell to the highest.. all done with in ebay.. (fuck ebay)

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    Default Re: Making money being a middleman

    a friend of mine makes GOOD money doing something similar.

    he buys the product from physical stores, but aggressively bargains to get the price WAY down. he then takes this quote to other stores to get it price matched. he does this back and forth until they aren't willing to go any lower. he then sells the item on ebay for a nice profit.

    he's used this method successfully to buy a $1000 monitor for $530. Sold it on ebay for $800.

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    Default Re: Making money being a middleman

    On electronic goods, the shipping must be very costly right? How you guys turn that around and get profit?
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    Default Re: Making money being a middleman

    buy low sell high.....you can do this with anything as long as you can presell a customer...

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    Default Re: Making money being a middleman

    @ the OP -

    Nice share.

    This method can work for you, but you don't have to go to the mall to get it done. Just use Ebay.

    Cross selling on Ebay can reap some nice profits.

    Here's what I do:

    1. Locate products in high demand. You can find this with Ebay Pulse, Ebay Popular, Amazon's hot seller's, Google Product Search, Google Trends, etc...You just want to find a product that people are hungry to buy.

    2. Locate the product on Ebay, buy it cheap, re-sell it on Ebay for a higher price. The best way to do this is cross sell across different Ebays i.e. Ebay USA>Ebay UK.

    It will take a little time to do your research, but you can find some pretty good deals that can will get you some nice cash.
    "Thou shalt not fuck off."
    "Thou shalt not be a pussy."

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    Default Re: Making money being a middleman

    wonders how many freagin methods is yukinari84 using sheesh ? I think I am going to do that myself as I started off with ebay when I wanted to get into this online thing...I feel reinvigorated...
    Last edited by farfetchedmoney; 04-13-2009 at 06:53 AM.

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    Default Re: Making money being a middleman

    Quote Originally Posted by farfetchedmoney View Post
    wonders how many freagin methods is yukinari84 using sheesh? I think I am going to do that myself as I started off with ebay when I wanted to get into this online thing...I feel reinvigorated
    Diversity is the only way to ensure success.

    Multiple streams of income not only ensure the safety of your business, but also make you a lot more money.

    The Ebay method I just mentioned is one of my "golden oldies", so I don't focus on it on a daily basis. But I still use it, especially when there is something in high demand.
    "Thou shalt not fuck off."
    "Thou shalt not be a pussy."

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    Default Re: Making money being a middleman

    lol, thats exactly what i said ...but you explained it much better
    Quote Originally Posted by Yukinari84 View Post
    @ the OP -

    Nice share.

    This method can work for you, but you don't have to go to the mall to get it done. Just use Ebay.

    Cross selling on Ebay can reap some nice profits.

    Here's what I do:

    1. Locate products in high demand. You can find this with Ebay Pulse, Ebay Popular, Amazon's hot seller's, Google Product Search, Google Trends, etc...You just want to find a product that people are hungry to buy.

    2. Locate the product on Ebay, buy it cheap, re-sell it on Ebay for a higher price. The best way to do this is cross sell across different Ebays i.e. Ebay USA>Ebay UK.

    It will take a little time to do your research, but you can find some pretty good deals that can will get you some nice cash.

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    Grande is offline Registered Member
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    Default Re: Making money being a middleman

    old school trading

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    Default Re: Making money being a middleman

    Is there a good thread or ebook about how to start dropshipping for begginers?
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    Default Re: Making money being a middleman

    you will probably have a hard time doing this. i have lots of experience with ebay selling and let me tell you anyone getting bids/buy it now is basically selling the product at wholesale price with very little mark up. ebay is so competitive this is the only way to survive and turn a profit really, unless you operate in a very specific niche. so that being said done on a very large scale this might work but you might as well save up some capital and buy the products in bulk at a cheap enough price to turn profit and sell them on ebay.
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    Default Re: Making money being a middleman

    sign up with ebates and get cash back on yoru purchase, i did this method and did good with ebay, i purchased computers online using ebates

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    Default Re: Making money being a middleman

    A good way is to find a product that is not readily and often sold on ebay but is in demand, even sourcing it from the suppliers and negociating a discount deal to sell.
    We did this a few years back for some russian helicopters which we sold onto a group in S Africa for their ranches.

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    Default Re: Making money being a middleman

    You can do a research on ebay to get the item that is hot, you can use hammertap, or terapeak, and then sell it on ebay. Just make sure you have a good source before you sell it otherwise you will have to refund the buyer.

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    Default Re: Making money being a middleman

    Forget to mention that one way of getting cheap item is go to liquidation and there are lots of store returned items sold in lots.

    But be very careful, because you might end up with a bunch of junk that nobody is buying, so research the market first.

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    Default Re: Making money being a middleman

    Quote Originally Posted by agent_mango View Post
    okay! this is not a new method. I've read this middleman method here on BHW but its different. It talks about services on the web. Relating this to my method, i thought of something.

    This is my idea.

    1. Go to malls. List products that are on sale. Say for example, a brand new mcbook air sale for only $600.

    2. After listing such products. Go to egay or any site that you could sell. Sell them on high price. Say the mcbook air for $700. If you Receive the money then go hurry and buy it then deliver it to your buyer. So you get extra $100 huh?


    I know this method isn't new. But don't be so rude guys. It is just, I did think about this last night haha.
    I've been doing that for a long time. That's how I've been generating income since 10th grade and im a freshy in college. During christmas season I make $1000 a week doing that. I call it Hijacking << COPYRIGHT

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    Default Re: Making money being a middleman

    This wouldn't work.
    You can't go to a mall and buy something for cheaper than you will sell it on eBay.

    EG: I believe a MacBook Air is $1800. Meanwhile, on eBay, I see BRAND NEW MACBOOK AIR auctions with a day to go with 22 bids at $900.
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    Default Re: Making money being a middleman

    HUGE TIP

    The $100 dollars profit would turn out to just be a pain. They take huge fees, so does Paypal. Then they could even suspend your account and make you ship first before getting any money. It happens everyday.

    I would try listing a classified for the product and put it on your website with a merchant account.
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    pierharper is offline Newbies
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    Default Re: Making money being a middleman

    Not quite that simple, but its possible. I've made a few $$$'s over the years buying low and selling higher on ebay and CL.


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