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Advice on selling this product

Discussion in 'Ebay' started by danielgb123, Dec 9, 2011.

  1. danielgb123

    danielgb123 Regular Member

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    Hey guys,

    I recently bought a lot of a particular product, it's an as seen on TV; sorry I cannot disclose right now.

    I bought this product off one of those daily deals sites; they were selling really low; and there is a potential to resell and make $60+ per resale. These ARE NOT copies, they are original.

    I have ordered 17, they will be shipped with the next 1-2 weeks.

    My questions are the following:
    1) Am I fine to sell on both eBay and Gumtree? There are a number of sellers selling right now, many have sold 20+; will I face any issues from either eBay or the actual company?

    2) Can I face anything more than a banned account/warning for this? As I said, they are 100% legit, not copies; I will simply be reselling them (bought for around $50, selling for $125+).

    3) Am I better off doing local pickup as opposed to shipping? There shouldn't be any issues with customs if they are legit, right?

    Thanks!
     
  2. alexaassassin

    alexaassassin Registered Member

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    If you are SURE they are real
    then the only issue you'd face is
    if you used the company's copyrighted promo images
    but I'd figure they would not even care about that.
     
  3. danielgb123

    danielgb123 Regular Member

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    Thanks for the quick reply.

    There was a huge promotion of this product, it'll sell like hot cakes over the Christmas season.

    I am 100% they are real, no copies; bought from this site before and it is legit; they sell legit products.

    Gumtree profit (local pickup method)
    Sell: $120
    Buy: $65
    = $55 profit

    eBay profit (shipping method)
    Sell: $99 + $25 shipping
    Buy: $65
    Paypal + eBay fees: ~$10
    Profit = $99 - $65 - $10 = $24

    Obviously advertising to a smaller market (local) using Gumtree, but a lot better profit to be made and no fees as I get the money in cash.
     
  4. T1001059

    T1001059 Newbie

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    I don't think people would take you seriously in Gumtree.

    If it's not luxury brand name, you can list as much as you want in ebay. However it would depends on your feedback point. I think more than 50 would be fine.
     
  5. danielgb123

    danielgb123 Regular Member

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    We'll just have to see.

    If I can sell through Gumtree I'm looking at a far better profit than through eBay.

    Luxury meaning? It's an as seen on tv promo deal, selling a particular product.

    I've got 90 feedback, so that'll be sweet.

    Thanks
     
  6. leelei

    leelei Newbie

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    Occupation:
    worker
    Location:
    China
    Home Page:
    but what's products???
     
  7. danielgb123

    danielgb123 Regular Member

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    Just an update guys:

    I have received all 17 of my product.

    I have now sold 9, at a profit margin of $20-$35; I have sold 1 via Gumtree, the others through 2 ads I have up on eBay; one is a featured listing ($50).

    Working on an average profit of $27 per product, deducting eBay listing fees, I will make a profit of $350-$400 for the weeks work; not too bad.

    Edit 2 more sold:
    ----------------

    fees - $0
    shipping $30
    bought - $65

    sold - $100
    shipping - $30

    proft - $35

    ----------------------

    fees - $10
    shipping $15
    bought - $65

    sold - $105
    shipping - $30

    profit - $45
     
    Last edited: Dec 21, 2011
  8. begrie

    begrie Newbie

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    wahh congratz m8
     
  9. [mcr]

    [mcr] Junior Member

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    Why can't you disclose what the product is? Is it against the rules of the forum?
     
  10. begrie

    begrie Newbie

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    nope its the niche m8.. the items he/she selling is pretty hot so s/h dont want to share it here.
    Same as me if i find anything hot :p wont bother to share it :cool:
     
  11. danielgb123

    danielgb123 Regular Member

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    Exactly this, I will disclose however once I am sold out - let's just say thinking outside the box works, don't follow methods exactly; apply twists and you can make some quick money - ESPECIALLY around holiday season.

    Sold 2 more today and will have another sold tomorrow:

    -------------------------------

    fees - $10
    shippping - $0
    bought - $65

    sold - $109
    shipping - $0

    profit - $34

    -------------------------------

    fees - $10
    shippping - $25
    bought - $65

    sold - $105
    shipping - $30

    profit - $35

    -------------------------------

    (tomorrow)
    fees - $0
    shippping - $0
    bought - $65

    sold - $109
    shipping - $0

    profit - $44