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Creating perceived value for large gains

Discussion in 'Making Money' started by mslake, Dec 21, 2008.

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  1. mslake

    mslake Registered Member

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    A few years ago, I found it amusing to sell $1 notes on eBay by hyping the value. For example, when James Bond GoldenEye was in the cinema, I found three $1 bills that all started with the serial # 007XXXXXX on my nightstand. I sold them to some turd on eBay for $10. yay me.

    This led to my next theory:

    Many people believe that anything they read on the internet is the truth. If they see it in many places on the internet, it is gospel truth carved into stone and approved by the Pope, Dalai Lama, and Allah simultaneously. This is particularly true in the world of collectibles (dolls, toys, trains, currency, coins, stamps, etc).

    That being said, go pick out a piece of crap you have laying around, find some sort of unique feature about it, and then write up a few articles about why this thing is so great, valuable, unique, and should sell for $XX on the open market. Make sure your "estimated market price" is much higher than you really want to sell it for. People love a deal. Publish your findings on article directories, related forums, maybe an "expert appraisal website" that you created, a youtube video, etc. Make a few claims citing reliable sources in your articles. (ie. Beckett's if you are doing sports cards, American Buttplug Association if you are trying to unload buttplugs, you get the idea). They don't have to be real claims, just sound real. Very few people actual checks facts, they just want to hear, "Beckett's says this card is worth $XXX and I can get it for $XX."

    Put your "valuable" frosted turd up on eBay or preferred sales venue. Make sure you mention a couple of your URL sources and/or Google search key words that lead your potential buyers to the articles you wrote verifying the value of your POS.

    I do this with cheap toys from Wal-Mart. $2 toys selling for $40-50.

    Final Thought

    Many of you submit articles to AC anyway. This might be a nice way to get unique AC content ideas while simultaneously building the perceived value into your frosted turd.

    Thanks would be appreciated if this puts a little extra cash in your urine-soaked pockets. Crack would be really appreciated.
     
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  2. Griller

    Griller BANNED BANNED

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    Not a bad idea at all, this sounds like something that you could take awhile making a nice flashy description page on eBay, and re-using the same basic template over and over again.
     
  3. callum

    callum Newbie

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    haha interesting. now think larger and more expensive, such as jewelery ;)
     
  4. mslake

    mslake Registered Member

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    I love this forum. You guys would charge your own mothers for water if she were stranded in the desert.
     
  5. scb335

    scb335 BANNED BANNED

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    ewww, I do love a deperate market :)