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Before I ever knew about BHW or marketing... I was making $500 a week. Super Noob Friendly

Discussion in 'Offline Marketing' started by bbHood925, Oct 6, 2012.

  1. bbHood925

    bbHood925 Newbie

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    Short and simple Method. Would post more but my thread keeps getting flagged by the moderation system *sigh

    1. Have 250
    2. Go on craigslist and search for iPads / iPhones / iPods
    3. Check how much they're going for on Amazon or Ebay
    4. Approach the seller on craigslist and offer to buy. Make him a deal if his listing price is too high (most will sell. I've tried posting on Craigslist, it took a week just to get rid of a brand new iPod that I severely discounted)
    5. REMEMBER - Take into account Amazon transaction and shipping fees. A good rule of thumb is around 15% of your sale.
    6. Make the purchase (no more than 300 for a 16gb WiFi iPad 2 - That's barely cutting a profit)
    7. Scale! Amazon takes about 30 days to make payouts. Longer if you're account get's flagged (this happened to me, I think it has something to do with selling such high-ticket items.
    8. Then just keep reinvesting! It's literally that simple.

    Here's a twist for you. Buy cheap iPhones, jailbreak them, and flip them on Amazon Europe or Asia. They're willing to pay ALOT more for unlocked electronics than in the States.

    Have fun. And I'm always looking for fellow BHW members and marketers in San Diego. If any of you guys are in the area message me and let's make some money together :) Peace
     
    • Thanks Thanks x 6
  2. kideze

    kideze Elite Member

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    Good method, basic but good method
     
  3. seoguy81

    seoguy81 Power Member

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    Nice method. After the latest Penguin update, i'm considering doing something similar. Selling via merchant place looks to be more stable rather than having to spend money/time on content writing and seo.
     
  4. smartdudeandrew

    smartdudeandrew Newbie

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    Hey im also in SD. I don't have 15 posts yet so I can't pm. Id love to have other likeminded friends nearby. Lets make some cash. :)
     
  5. masteroftint

    masteroftint Newbie

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    I did that before and sometimes you can find them on ebay cheap too


     
  6. ok888

    ok888 Jr. VIP Jr. VIP Premium Member

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  7. ElbaneDark

    ElbaneDark Registered Member

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    This is a good valid method to make some money.

    I used to buy the phones from craigslist and resell on eBay.

    I made some good money and other times barely cut even.

    Most of the people on craigslist want insane $$ for their old products and its hard sometimes to get them to lower the price to where you can make a profit.

    What have you guys done to get the price you want where you can make a decent profit?
     
  8. DesignerDrug

    DesignerDrug Registered Member

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    legit. I honestly don't have any questions for you, because this method is pretty much self explanatory, other than this;

    is this your primary IM job ? on average, what do you 'profit' from it monthly
     
  9. queenmery

    queenmery Power Member

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    So why are you here when you have as much experience from before?
     
  10. gison

    gison Newbie

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    very cool, I love the idea...thanks men
     
  11. bwman

    bwman Power Member

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    I dont see the problem or harm in the OP joining an IM forum. He may want to expand or just gain some knowledge or just try other things on the side.
     
  12. bbHood925

    bbHood925 Newbie

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    Exaxtly. I have an offline business doing social media things for companies that I got up and running with the help of BHW. But IM is where the serious money is and running things day-to-day is a hassle. But with this method alone I was able to pay for rent and have alot of beer money left over. On average I'd make around $2000 a month after reinvesting a couple of times over. But I never needed any more than that, the only thing that stopped me from scaling was time.

    Also, try advertising on Craigslist. Throw up an ad offering to buy all iPads / iPhones / iPods etc... Make people contact you


    *Edit - On CL, in my area, a high end iPad is averaging around $250. The same model is listed on Amazon at $390 used. Do some subtraction and that's a ballpark of your pure profit

    *Edit #2 - I think alot of people have been busy with this. The price of a basic model iPad on Amazon plummeted to $220. Two days ago it was $330 minimum. Try different electronics or higher end models.
     
    Last edited: Oct 9, 2012
  13. `One`

    `One` Newbie

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    might try it :D Thanks
     
  14. cheezeitz51

    cheezeitz51 Newbie

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    Be careful about buying stolen stuff too. If you buy phones make sure the esn is clean. Even if the esn is bad it could still not be stolen, but people will still buy it on like ebay with bad esns. Put an app on the phone called pocket esn, and you should also double check with checkesnfree. Phones from tmobile and another carrier I can't think of don't have esn's, but I believe are being blacklisted now, so you can't really check. I used to do this a lot, but I made too many bad buys. If you know how to fix laptops, you can make a ton from that too. I did that more than phones and it was more profitable. And obviously negotiate a lot. When you get there you have a lot more bargaining power, pick out all the problems.
     
  15. Patel

    Patel Senior Member

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    Great post! I will use these tips
     
  16. H2oBoy

    H2oBoy Regular Member

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    It's posts like this that really drive home the fact that money can be made with even the simplest of ideas!