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[Journal] Black Friday Profits

Discussion in 'Making Money' started by callmelucid, Nov 27, 2011.

  1. callmelucid

    callmelucid Regular Member

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    Hey guys, so I hope this isn't against the rules here or anything, but I thought a few of you might be interested in how I'm going about profiting off black friday. I spent time writing all about this case study on my blog so check it out

    My game plan for maximum profits

    What I spent $1,000 on

    More is on the way in the not so distant future :)

    Here are some pictures of what has gone on so far

    [​IMG]

    [​IMG]
     
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  2. callmelucid

    callmelucid Regular Member

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    Right now I am waiting for supply to go down and demand to go up before reselling so I can get maximum profits. So I'm thinking of selling on December 1st and 15th on Craigslist and eBay because that is when a lot of people get their paychecks from work and have money to spend on last minute christmas gifts

    let me know if you guys have any questions and also let me know how your black friday shopping has gone. anyone able to sell PS3s or Xbox's over $300 on craigslist yet?
     
  3. virtualc08

    virtualc08 Supreme Member

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    Very Intereting ... Seems like you will be making a lot of money :) .. If only you had invested more you would have profited more :) .
     
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  4. callmelucid

    callmelucid Regular Member

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    haha i hope so :)

    i figure at best i make a good ROI and at worst, i get a few cheap video games. if this ends up paying off really well in the next week or two, i'm going to scale huge for next black friday and cyber monday
     
  5. CashFlowGuy

    CashFlowGuy Regular Member

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    THIS IS WHAT IM TALKING ABOUT. We need more post like this with pictures and stats. I think IM are afraid to do offline methods, when we need more of these methods.

    If you pull in 800-1000$, for lets say 10 hours of work, that is hustling at its finest. Plus its 100% legal, no CD, or Jail time.

    Im going to follow your blog now.
     
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  6. climertech

    climertech Jr. VIP Jr. VIP Premium Member

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    OP: offtopic,what state do you live in?
     
  7. callmelucid

    callmelucid Regular Member

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    haha thanks :)

    california.... probably the worst state possible in terms of sales tax lol. paid something like 9% right up front in losses lol. i wish i lived close to the oregon border so i could get 0% sales tax
     
  8. paulpapapump

    paulpapapump Junior Member

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    reinvest the cash into more stock bro. good luck and great offline idea. all the success to you.
     
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  9. Kickflip

    Kickflip BANNED BANNED

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    British Columbia, Canada: 12% Sales Tax :(
     
  10. callmelucid

    callmelucid Regular Member

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    lol, i stand corrected. that is pretty brutal man. the good thing is you don't have to sacrifice line standing for thanksgiving with family so in the end, it might still be worth it
     
  11. jerzydawg

    jerzydawg Supreme Member

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    Looking forward to part 3. Very good and interesting read.
     
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  12. flx89

    flx89 Senior Member

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    congrats bro, keep it going.
     
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  13. chipmunk951

    chipmunk951 Senior Member

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    Read P1&P2

    When's P3 coming out? Eager to read :)
     
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  14. callmelucid

    callmelucid Regular Member

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    P3 is probably going to be about where i sold each item and how much i made. it will probably be written sometime in the next week or two as i get everything sold. if i sell everything now, i can't maximize profits since some of the stuff isn't sold out and people haven't gotten their paychecks from work recently