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[Method] Great For Noobs, Almost Impossible To Not Earn With

Discussion in 'Ebay' started by Kori93, Jan 18, 2013.

  1. Kori93

    Kori93 Newbie

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    This so far has been the ONLY method that has worked for me. I have tried many methods, but I have never earned a cash out.
    The only issue with this method is that eBay doesn't really approve of any sales that are not Physical objects, and they are very touchy about copyrighted logos, so you have a high chance of having your listings taken down. But you can still earn a great amount.

    Basically, this method is reselling Fiverr on eBay This is so simple, so self-explanatory, but a lot of new people (such as myself) don't have the experience to really think of simple things such as this. But I have learned a lot from BHW and thought I would help others in my situation in any way I can. On to the method!

    Step 1: Find a TRUSTED (Very Important that they are trusted) Fiverr gig (for those who do not know it is Fiverr.com), and make sure it is something that almost everyone would want.

    Step 2: Make an eBay account (this method will work better if you already have an account with good feedback, as people will be more likely to trust you.) and link a paypal account to it.

    Step 3: List the Fiverr gig. Give it a name that shows what you are giving, but do not give it the same exact name. For the description you can simply copy the Fiverr gigs description, take out the stars, check marks, and information that would tell a potential bidder that you are just a reseller.

    Step 4: Set the starting bid for the listing at $0.99. It makes a large difference if you put the starting bid any higher. Mark it as free shipping and set the delivery time to 1-2 day shipping. This is because eBay will release your funds from being on hold 7 days after your estimated delivery date. You can test and see what pays better, whether it be a 7 day time span or a 3 day time span.

    Step 5: Wait until the auction is over, get the information you need from the auction winner, purchase the gig, and leave it be.

    When I tried this I made around 400% of what I spent.
    wSxXx.png
    I spent $15 on Fiverr, made $63 off of eBay. You just have to find an item that people want.
    I know this was very simple, and for some might seem like a waste of a post but if it helps even one person then I am glad I posted it.
     
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    Last edited: Jan 18, 2013
  2. sdilan

    sdilan Regular Member

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    Good info
    people got to think like this.
     
  3. Globalization

    Globalization Regular Member

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    thanks, good method that others have done will try it out...there's another thread where you gotta watch out if the fiverr person cant deliver
     
  4. its2die4

    its2die4 Regular Member

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    so what happens when the closing bid is .99 and the fiver gig cost $5?
     
  5. IMwizard

    IMwizard BANNED BANNED

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    i was selling adwords voucher ... used this method to buildup some quick feed back
     
  6. Kori93

    Kori93 Newbie

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    That is the part about finding a service that sells. If you try it out and it doesn't work, you pick a new one and test it out.
    Once you find one that sells, you will notice that not one listing (unless you have a lot of competition, i found one with virtually none) will go by without having 2-3x higher sale price than purchase price. and since most of these sell for around 10-20, there should not be a ton of fees taken out.
    wSxXx.png
    that was after spending $15 (I made the gigs work for multiple people). I am just saying, it works.
     
  7. DigitalCity

    DigitalCity Jr. VIP Jr. VIP Premium Member

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    exactly, the risks if not getting the bid over the 5 dollar threshhold. BUT if you chose a great service then there will be bidders that will bid it up, but over 5 every time is the trick. I guess starting with some funds in your fivr acct first to begin with while you test would help in case they dont bid it up.

    I would pick a great service and mark it up to 9.99 or 19.99 buy it now. or at least start it at 4.99 bid..
     
  8. service hub

    service hub BANNED BANNED

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    this seems to be great method so i will look asap
     
  9. Kori93

    Kori93 Newbie

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    Well, I chose a bad service the first time and no one even bid on it. So I chose a different one and was literally getting 8 bids at the minimum. There is risk with this, yes. But it is minimal at most and you learn from each failed attempt.

    I tried buy it now but people prefer bidding. That way they feel they can get a bargain on the item. Adding a buy it now option to a bidding just limits how much you can make on that listing. People feel "It is only worth that much, if it gets up that high I am not going to buy it". If you ARE going to add a buy it now option, make it like $5-$10 higher than what it should be. That way people will feel their bid is worth a lot more than it is.
     
  10. anatho

    anatho Elite Member

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    Definitely a good method and I will check it out ....
    I think I found a gig that will sell very well on eBay, only problem, I do not know if the seller is reliable. He has only 2 (positive) vouches for this gig, also his estimated delivery time is 3 days, which is quite much for a virtual item ....
     
  11. Kori93

    Kori93 Newbie

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    I would highly recommend you go to a seller who is more trusted. I got really F*cked over when a seller decided to cancel his gig before doing what I ordered. Lost out on quite a chunk of money. That is why I stopped because I made some money to start investing in other things. It is not the most reliable, but it works to start out with at the least.
     
  12. Globalization

    Globalization Regular Member

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    How long did it take you to make that $63 btw
     
  13. Kori93

    Kori93 Newbie

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    That really depends on what kind of situation you are talking about.
    Counting the time for the auction? Or without it?
    If with the time: Roughly 3 days (not counting ebay/paypal holding funds)
    If without: The work itself took around 10 minutes to do. With multiple listings... It was rather easy to do.
     
  14. Cyeoz

    Cyeoz Registered Member

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    and what if the gig goes less than $4?
     
  15. ok888

    ok888 Jr. VIP Jr. VIP Premium Member

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  16. Kori93

    Kori93 Newbie

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    I already answered that. It is up to you to find what sells, in my experience what I got sold very well. I basically spoon-fed this haha. You just have to come up with the specifics yourself
     
  17. giftedwizard

    giftedwizard BANNED BANNED

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    this method seem to risky.put what ever float your boat.
     
  18. radiant13

    radiant13 Power Member

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    Check the completed auctions to get an idea of what the market is paying for it.

    Resell fiverr gigs in other markets such as craigs. That should get you plenty of ideas.
     
  19. Kori93

    Kori93 Newbie

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    You can say it is risky if you want. I never sold anything for less than $9.50
    But, if it doesnt work you lose what? $5? Less than that depending on how much the bid was. Plus if no one bids then you dont have to buy the gig.
    It seems as though no one really cares for this method. I will leave it up in the hopes that it will help someone I just did not expect to have so much negative feedback for supplying a spoon-fed EZ-mode way to earn something.
    You learn I suppose. Must be why everyone on here says "look it up".
     
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  20. Quattroporte

    Quattroporte Regular Member

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    Many thanks for the method Kori. I do have a question, though. I really don't use eBay at all, and I don't know what you mean when you say you found a service you can sell that has little to no competition. What is "little" competition for eBay? And even if it does have low comp., how do you know if it's even searched for on a regular basis? Just for fun, I tried a keyword that I know is something that is sold on Fiverr, and put the keyword in eBay. 77 other offers. Is this considered low? Thanks again for this stupidly simple method. :)