Everything you need to "go legit" on ebay. Right Here.

[rhino2020]

I figured out they was reps after I did some more browsing. I tried that bstock website for dvds and there s hardly anything on there.

 

[hitch]

I figured out they was reps after I did some more browsing. I tried that bstock website for dvds and there s hardly anything on there.

You have to understand that companies don't always liquidate on a daily basis. Usually it's quarterly or seasonal, especially apparel.

And Netflix is not going to liquidate items all the time, otherwise they would have no stock!

 

[JJohn]

Wow man...serious stuff. Thanks a bunch! I started selling on ebay 1 month ago and made just $400 and almost gave up...Now I read this and know where to go from now...If I ever make it big on ebay, I'll owe you!

 

[stressfree]

so what kind of $$ numbers are you upto?

Thx

 

[stressfree]

I'll give it a week:

Well hitch has inspired me to quit the replica game. I will bleed out my replicas slowly and use that money to go legit from then on.

 

[willywonka100]

Solid information. Thanks for your input!

 

[louislouis]

Great post, thanks for sharing!

 

[hitch]

so what kind of $$ numbers are you upto?

Thx

I'm not one to brag, however I will say that my lifestyle is completely free. I'm able to do what I want when I want.

I decided to go back to school, I'm currently working on my MBA. It's something I have always wanted to do. The total cost of the MBA program is around $80k , however thanks to eBay I don't have to worry about taking out student loans.

I've travelled around the world, I have a ton of high end RC planes, I own a number of cars, I own a house in florida and a house in NC, i got married this summer, had a rolls royce and some other crazy stuff, people always tell me it was the best wedding they've been to.

Again, I'm not saying this to brag, I'm just letting you know that it is possible to make A LOT of money. In short, I have already cleared a 6 figure income for this year.

I made an ebay course that i never released to the public, only to a private list, i was going to release it but got busy with school and another start up business..

But here is the promotional video:
http://www.youtube.com/watch?v=4iRFJ5mHvS4And keep in mind

 

[stressfree]

oh no....was this the sole purpose of this thread to sell your course? LOL

 

[hitch]

Nope.

If you notice, the course was made almost a year ago. I honestly don't have too much interest and time in "selling the course" that's why it's been sitting around.

You will not see it being sold anytime soon.

 

[dday500]

Hello Hitch, You hit a bulls eye with this post. I have been there, I almost got banned for life, so I left it alone. You give me hope again, to do it the right way. I thought I was the only one, Ebay called me notorious, I would love to go back legit. Thank You...

 

[Dresden14]

any site that looks like it was built in 1992 doesnt look legit to me, lol. Plus im probably on ebays most wanted list anyway

 

[hitch]

^^ Then you'll miss out on a lot of money. The fact of the matter is, most of these liquidators have more then enough offline contacts not to have to worry about online people bugging them about deals.. And frankly, a lot of the guys are an older crowd who don't like the internet.. they'd much rather a phone call from someone.

It's just the nature of the business. I agree though, a lot of the sites look sketchy.. but just do your research, the site might look sketchy but it's been around for years lol unlike these guru IMers who have awesome sites which are only registered for 1 year

 

[stressfree]

do you import from china or completely wholesale from the USA?

Is Terapeak a must for ebay?

 

[disaffected]

Thanks for the resources hitch. Got any old copies of the course laying around?

 

[disaffected]

any site that looks like it was built in 1992 doesnt look legit to me, lol. Plus im probably on ebays most wanted list anyway

Yeah, a lot of them are dated looking. You could probably start a whole business marketing web design to these types of businesses.

 

[hitch]

do you import from china or completely wholesale from the USA?

Is Terapeak a must for ebay?

First off: YES, you MUST have terapeak if you wan to be successful, it's so easy to find profitable markets. Maybe I'll make an exclusive video on how you can use terapeak.

I do both, these days, a majority of my sales come from China. Why because I can order in huge lots, customized items for cheap.

Buying from liquidated sources is a GREAT way to make money, but sometimes it can be kinda random and you will always be making new listings..i hate that part about it.

With importing, i just import the same items over and over and over again, one of my ninches i've been using the same listing for almost 2 years now lol

You can say "just pay someone to make the listing for you" , but if you are buying in huge lots of liquidated random items you'll have to have several people doing it, and you can't outsource this to china. Why? Because they have to be at or near the goods, so they can go through everything, categorize it, pictures, and make the listings.

I'm not saying this to discourage anyone from selling liquidated lots, you can still get good deals, and sometimes items are worth it.. in the case of the pool tables example i gave above.

However, for my business model I like to import items by the container load, at least a 20ft container at minimum. By doing that your fixed cost are reduced.

 

[scarlisa]

This is great information, but if you had accounts suspended, how did you get back on "legit"? Ive played the ebay stealth game after having several accts suspended but its a hassle to have 10 different accounts and keep volume low on each to stay under the radar

 

[hitch]

This is great information, but if you had accounts suspended, how did you get back on "legit"? Ive played the ebay stealth game after having several accts suspended but its a hassle to have 10 different accounts and keep volume low on each to stay under the radar

So fortunatley I started going legit before ebay got very strict on their seller rules. And I was able to build up several accounts, to where now they don't care about. It's funny though, most of my ebay accounts are stealth accounts. In 2003 I (stupidly) ID Verified an account, needless to say that account is suspended indefinitely. Since my SSN is linked to that account I had to make stealth accounts.

Now I have several great standing accounts. I can make a stealth account and just link it to one of my good standing account which are top rated powersellers and BAM the new stealth account has unlimied listings. However, if I list in a category such as consumer electornics, funds may get held for seveal days.. but I rarely list in consumer electronics, just not my thing. Only if I'm trying to sell a personal item, but usually i'll just list that on CL.

For paypal, my SSN is linked to a paypal account that in 2005 had a negative $3k balance. I sold a bunch of stuff, and the supplier didn't send me all of my items. I so people requested their money back leaving my PP account with a negative balance. Paypal sent that to collections NCO Financials, the odd thing was it never appeared on my credit report, needless to say that never got paid.

NOW for paypal, I use my Dad's SSN (he is aware) this year it will be strange as now paypal is going to send him a tax form claiming the amount i maid. I file a schedule C (self employed) every year, so this will be interesting, paypal is telling the IRS my dad is making the money, yet I am claiming it.. seems like a quick way to get audited.. but if I do, I have all the documents to prove it so I'm not entirely worried about it.


Anyway, in short I started making accounts prior to these crazy rules and limitations on new sellers. In today's world, it will take a little longer.

 

[stressfree]

so what do oyu make profit? $100k or $999,000?

I'd be hoping for $250k+ as $100k isn't that impressive.

But good information. And as Rhino is facing "cell tossig time " LOL I am thinking everyone is dumping replicas right now..