Anyone using cross auction arbitrage?

A

anatho

Elite Member

Jun 4, 2010

2,071

238

• Jul 14, 2010

• #1

I am wondering if anyone is using this method and has decent success with it.

Cross auction arbitrage means basically that you buy something cheap from one eBay site and resell it again on another eBay site for a higher price.

E. g. you find one item on eBay US for $100. Then you realize that the lowest price for this item on eBay UK is $150. So you could buy it from eBay US and sell it on eBay UK for $140. So your profit would be $40.

Anybody tried this?

 

A

anatho

Elite Member

Jun 4, 2010

2,071

238

• Jul 20, 2010
• Thread Starter Thread Starter

• #2

Come on, nobody tried this????

I have read about this on another forum, they said that it would be very profitable, but I doubt it is .....
Because most of the sellers on eBay sell internationally ....

 

V

vovvnesk

Junior Member

May 4, 2010

127

82

• Jul 25, 2010

• #3

Ok um...consider the price difference, probably maximum at 20 USD if you're really lucky. Minus Feebay closing fee, minus paypal fee, minus shipping fee...you'd be lucky to get a dollar out of it...

 

bananahands

Regular Member

Mar 25, 2008

315

77

• Jul 25, 2010

• #4

Did this for a couple years buying on ebay and selling back on ebay

Became too much of a hassle receiving and shipping all the products to the customers and sellers not wanting to give up their $200 merchandise for pennies. Not to mention the gaypal fees...

Best bet would probably be to buy cheap on ebay or craigslist and sell back on the other. This would require much scouring though...

 

angelas111

Elite Member

Jan 4, 2009

1,648

1,052

• Jul 25, 2010

• #5

i did this for a while. especially when the us dollar was down compared to the british pound. made some good bank. but international shipping is a pain. but you can make some bank though.

 

A

anatho

Elite Member

Jun 4, 2010

2,071

238

• Aug 3, 2010
• Thread Starter Thread Starter

• #6

Would it be an idea to buy it from eBay and then sell it on Amazon?

 

A

anatho

Elite Member

Jun 4, 2010

2,071

238

• Aug 5, 2010
• Thread Starter Thread Starter

• #7

I just checked out Amazon, and I think it might be not so good to sell there. Because first you have to pay $40 in order to become a seller. And then they release the money of your buyers only after 14 days to you. However, I need the money immediately because I am not planning to pre-finance everything.