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Another (Potential) Killer Method - Big Bucks

Discussion in 'Making Money' started by dreadnought2020, Dec 23, 2011.

  1. dreadnought2020

    dreadnought2020 Junior Member

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    Got another method but this one is based on theory/previous experiences really. It just came to me. It could mean $XXXX-XX,XXX pay days.

    1) Bulk order an in demand product from sourcinggate.com or alibaba.com etc.

    2) Promote on groupon/kgb deals/living social etc. List however many you have (maybe leave a few in case of faulty ones) and mark them up a dollar or two.

    3) Profit

    I would advise clearing it with Groupon or whoever before actually buying. Start with 50-100 to play it safe.

    It's just an idea but I know Groupon and LivingSocial things seem to sell out pretty easily.

    EDIT: Make sure you take Groupon's cut and the shipping costs into account. Don't just put $1-2 on and call it a day. You may even be able to add $10 on, who knows. Pick the product well.

    Enjoy, and if you try it please do post your results!

    Cheers
     
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    Last edited: Dec 23, 2011
  2. dreadnought2020

    dreadnought2020 Junior Member

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    No comments? Would be good to see what people think.
     
  3. Virus1

    Virus1 Supreme Member

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    Stuff that does good on groupon is mainly spa and sh!t like that.

    But your idea might work.
     
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  4. dreadnought2020

    dreadnought2020 Junior Member

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    On LivingSocial I've seen various things like shoes etc that sell well, not so much on Groupon but you're right - spa "and shit" (lol) does seem to go well there. Maybe sign up and browse a few and see what sells best. I think if the right product was picked it could do really well.

    Cheers
     
  5. sbraill

    sbraill Newbie

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    Thanks for the share...rolling this around in my big crowded head lol
    I am going to look into this more in the morning. I know Living Soc does well and sells quickly. Thanks for taking the time to share your idea. Have you used this method yet? If so could you share your thoughts and approx rresults
    Have a great day!
    Sbraill :D