Legit method? Or illegal?

HustleTong · Jan 29, 2020

Imagine an etsy seller browsing this thread.

terrycody · Jan 29, 2020

King of the marketer mind, this will definitely work, but a bit shady lol.

Safox alee · Jan 29, 2020

Yeah exactly my point.

SEOMadHatter said:
Method 2.0:

Upload a bunch of jewelry to Etsy with a good margin.
Post a thread about this method on BHW.
Sell out of stock.
Take the money and close the store.

Deleted member 1313244 · Jan 29, 2020

Pretty much everyone on the Camden Market has being doing this for the last 7 years.

KidHotel · Jan 29, 2020

bartosimpsonio said:
Great take. I think you're spot on, this might run for a while then you're liable for a bunch of legal trouble for years. But like you said the method can be adapted IMO.

Everyone focused on the 180 days returns for some reason....

The money making isn't in the returns. It's in sales.

Returns are a safeguard in the end.

If you can't sell something in 150 days or so then you're probably in the wrong business anyway. You'd end up with new old stock of whatever you were trying to sell.

The point here is you can find large spread between online prices and offline prices. Method mentions flea market but if you're creative you can think of several variations of it.

Right, but without the 180 day returns, this method is literally just arbitrage. The thing that makes it "unique" is the safeguard of being able to pass your losses off to your supplier. I suppose you wouldn't even need to do this with Etsy. You could probably scour clearance shelves at a store, try to sell the items, and if it doesnt work then return them.

bartosimpsonio · Jan 29, 2020

KidHotel said:
Right, but without the 180 day returns, this method is literally just arbitrage.

It is just arbitrage. The Etsy/flea market spread is the key IMO.

JayMay · Jan 29, 2020

ErikstienSwift said:
Nice method but it involves me being a gypsy basically so no thanks.

Look at the peaky blinders and where they got ey?

Volman · Jan 29, 2020

bartosimpsonio said:
It is just arbitrage. The Etsy/flea market spread is the key IMO.

No, it is the super long return period. Otherwise, you could buy from almost any other supplier and likely get better pricing. But it is unlikely they will let you return unsold inventory up to six months later.

Legit method? Or illegal?

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