1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

make money with products that not belong to us

Discussion in 'Making Money' started by madi, Sep 22, 2008.

  1. madi

    madi Newbie

    Joined:
    Aug 2, 2008
    Messages:
    7
    Likes Received:
    0
    hello,

    This method is relatively simple even if I have not yet tested.Is to sell products which do not belong to us. For example on ebay identify a product not too expensive, put an ad on this product for sale.Once a person responds to your ad to buy the product and buys it, it must buy the cheaper product to another person on ebay and give the adress and the name of the person who must receives the products.You make money on the difference between the purchase price and selling of the product without having in his possession. it's great!!!
     
  2. pussyback

    pussyback Regular Member

    Joined:
    Apr 5, 2008
    Messages:
    402
    Likes Received:
    79
    it a pain in the ass
    problems
    1. most seller on ebay only ship to verified address in your paypal account
    2. finding product that will give you much of a profit is hard
    3. I think this idea has been tried "drop shippers"

     
  3. l30p0ld0

    l30p0ld0 Registered Member

    Joined:
    Aug 5, 2008
    Messages:
    53
    Likes Received:
    7
    huh!? are you talkin about "dropshipping"?
     
  4. madi

    madi Newbie

    Joined:
    Aug 2, 2008
    Messages:
    7
    Likes Received:
    0
    Yeah it's as "drop shipping" but without agreement with a particular supplier
     
  5. Uptownbulker

    Uptownbulker BANNED BANNED

    Joined:
    Oct 21, 2007
    Messages:
    960
    Likes Received:
    477
    Actually he is talking about a very risky version of eBay arbitrage often linked to scammers.
     
  6. unlimitedpostings

    unlimitedpostings BANNED BANNED

    Joined:
    May 9, 2008
    Messages:
    590
    Likes Received:
    881
    Yeah, this definitely is not a good method. Too much work and risk.
     
  7. irancrude

    irancrude Jr. VIP Jr. VIP Premium Member

    Joined:
    Jul 16, 2008
    Messages:
    592
    Likes Received:
    241
    Occupation:
    The web
    Location:
    Paradise Island
    Home Page:
    Are you kidding? have you lived under a rock the past 7 years of the internet?

    Well maybe you are just new to the online sales world but this method is older than sliced bread, in fact it is laready exhausted, it has lot of bad holes, one is that majority of ebay scammers use it.

    maurice


     
  8. madi

    madi Newbie

    Joined:
    Aug 2, 2008
    Messages:
    7
    Likes Received:
    0
    I just wonder if this could work, but appears dropshipping is a good method!
     
  9. Razorbl

    Razorbl Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 25, 2008
    Messages:
    441
    Likes Received:
    121
    this method is a time waster i think , better to sell products with reseller rights
     
  10. zebrahat

    zebrahat Elite Member

    Joined:
    Aug 6, 2008
    Messages:
    2,350
    Likes Received:
    2,890
    One way this can work without too much of an overhead problem is to sell a physical version of a big ticket digital product. As an affiliate, auction a course selling for $100 (that you would get a $50 commission for) for $75 via a Buy it Now function. Buyer paypals you the money, then you order it (add $25), burn it to CD and mail to the buyer. Rinse and repeat, net $25 minus fees each time.