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[Method] $5-$50/Day from Service Arbirage

Discussion in 'Making Money' started by howard_hughes, Oct 5, 2011.

  1. howard_hughes

    howard_hughes Elite Member

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    I'm in generous mood today and decided to share a quick little method that will make you anywhere between $5-$50 / day may be more depending upon how you use it.

    I've been doing this in the side and this extra little income helps pays my bills n extra expenses. So straight to the method, its not very new but again it works.

    While its not new, but I'm sure atleast a few newbies can use it and make their first bucks online :D

    $5-$50/Day from Service Arbirage

    1. Make a list of 10-15 best selling services on bhw

    BHW is full of expert im'ers and the services here are super cheap, great value for money.

    2. Now we will buy these services on bhw and sell on freelance sites

    We'll buy low, sell a bit high. making some profit in the process.

    Try to make some sort of deals with bhw sellers for smaller packages than they offer here ( fiverr offers $5 gigs so you can't provide much for that)

    Most of sellers here are super helpful:)

    3. Go to fiverr, freelancer and odesk. Sign up and start offering these services for +50% rate.

    If you buy something for $10, sell for $15 or so.

    Slowly, build some reputation on these sites and the customers will keep coming back to you.

    Again, I know, It's not very new, but its pretty simple, doable and easy way to get some cash for your im activities like .coms, hosting, etc. hope it helps:)

    Well thats about it:D Back to work.
     
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    Last edited: Oct 5, 2011
  2. LukaB

    LukaB Jr. VIP Jr. VIP Premium Member

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    Reselling business is really great, very easy to handle, very easy money. I've made few grands through reselling, pretty satisfied :).

    Some tips about reselling

    - Know the seller
    - Learn his prices well, check other forums, services, how much they charge, and make sure you charge cheaper, but make a good profit.
    - Make sure you actually buy the service you are going to resell, so you know how it works, so you can handle customer support a lot better.
     
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  3. counselor_X

    counselor_X Regular Member

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    Reselling is definitely great. I prefer to purchase a service, analyze it and learn how to provide that same service, sell it a few times to make sure I know the business, and then train a VA to do the job for me for about 10 cents on the dollar.
     
  4. zhaosaccount

    zhaosaccount Junior Member

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    great share
     
  5. JackKing0ff

    JackKing0ff Registered Member

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    nice share
     
  6. fhassan

    fhassan Junior Member

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    it's good buddy but posting these stuff here gonna saturate this business I guess
     
  7. blade_

    blade_ Registered Member

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    This is not true.. this method is old and if he say that now earn this mean the method steel work and may be work in feature will work like to now ;]
     
  8. imean33

    imean33 Newbie

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    nicee share :p some more knowleadge adquired
     
  9. harneet1

    harneet1 Junior Member

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    yeah this method is really very good.. even i done once, i buy service from here at $10 a month ago and sell to another freelance site for $25 and i told him to direct pay and he did. :D:D $15 profit in a minute.
     
  10. howard_hughes

    howard_hughes Elite Member

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    Can't be saturated, there are Billions of clients around the world :D
     
  11. skyjust

    skyjust Registered Member

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    It's very useful ,but the reputation is hard to build
     
  12. kazhkaz

    kazhkaz Jr. VIP Jr. VIP Premium Member

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    You have to always look for new services that you can offer your clients or for future clients because some services fail over time or better ones emerge.
     
  13. Sleinad

    Sleinad Senior Member

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    Well there is 2 billion people with internet access, and I doubt each one is looking for these services :p More realistically there is probably a few hundred thousand people looking for services like this. Maybe more maybe less, but definitely not a billion because most people only use internet for the odd check up on Facebook or whatever.

    But yeah this works, best thing to do though is make a website as well, do some SEO etc. Then after about 4 months flip the site for a nice profit.