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[METHOD] Up to $100/day - EASY - PERFECT FOR NOOBS - FAST [Online/Offline Hybrid]

Discussion in 'Making Money' started by JasonZ10, Mar 7, 2012.

  1. JasonZ10

    JasonZ10 Regular Member

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    CLICK HERE FOR AN EASIER TO READ VERSION!

    $100/day Online/Offline Hybrid Whitehat Method!
    Difficulty ||||||||||
    By JasonZ10

    This method is VERY simple and easy to pick up and prepare, but up-scaling and managing may be tough. Everything is completely white hat and done both online and offline. If you're having trouble with IM and you don't at least attempt this method, then you're clearly not motivated enough to start your own business, just because of its simplicity. I guarantee it'll be worth your time to do. This methods 90% original. I read about a pawn shop owner who'd buy CD's off people for $0.50 each and sell them for ~$10 and make good money doing that, so I added an IM side onto it. I digress, onto the method..

    Preparation
    First off, go to all of the classifieds sites for your area, and go to the "Wanted" area and make a post something like this:
    Even go to your local corner store/wherever there's a bulletin board, and make a few posters with your email or phone number on it saying roughly the same thing. Get the word out about how you're buying people's old CD's, convince them that they don't want them anyway, and haven't even touched them since the day of walkmen. You will be able to get lots for only $0.50.

    Hopefully you get lots of people inquiring. Get a list of their CD's then get ready to do some research. Let's say someone told you they have the 2Pac's Greatest Hits album. Go to the Amazon page of it, and look at the "used price" of it. You can see it's roughly $14. Now offer this person ~$1 for it. You can be generous and offer them up to $5, since you'll still be making a profit, but it really depends how good you are at convincing them of the value and how smart they are.
    If you see someone's got an underground/old school hip-hop CD, you've basically hit the jackpot. Here's an album I really like, and would love to get in CD form (I'm an audiophile), but as you can see, used is $40! You can make $35 off that one CD easily if you're buying it from the right person. (By right person, I mean someone with little common sense.)

    Making Money
    There's a few ways you can go about making money with this method. First of all, you can rip all of the CD's in their lossless form, and put them up on a PPD site, and then find a way to get it out there. That's just if you want to earn a bit on the side with this method.

    The real thing you're going to be doing is selling them on eBay and Amazon. eBay is better if you want to get rid of them quick or need money fast for whatever reason (I see lots of threads of people asking how to make $xxx to pay the bills). I'd recommend Amazon all the time, since you can sell it for more, have less competition, and less fees, although it may take a while. If you undercut all of the other people selling it used by quite a bit, you can get it sold within a week or two. Going back to the 2Pac example, you could sell that CD for $13.99 (The next lowest was just over $14. As long as your dollar unit is lower, they'll buy yours 90% of the time).

    Buy a pack of padded envelopes to ship with (They basically cost $0.14 each, add an extra $0.50 onto the shipping fee to cover this)

    Now go out there and try this method. It's insanely easy, just keep track of all of your transactions and don't overpay for any of the CD's unless you want to keep it yourself.

    Don't leak this method, I want everyone to get a fair chance to try this out.

    If you find yourself tempted to reply to this thread saying something like "Oh, this method doesn't work anymore! Who buys CD's?!", you're just trying to justify your laziness to yourself. Don't be lazy, I've given you a method that has the possibility of earning tons if you can find a good way to buy CD's in large amounts for a low price. It doesn't even matter what the CD is most of the time, someone is out there looking for the greatest pop hits of 1995.
     
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    Last edited: Mar 7, 2012
  2. mordisk

    mordisk Junior Member

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    call this one the ghetto trailer park method.
     
  3. [Bender]

    [Bender] Registered Member

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    I'm sorry.. am I to understand I'm supposed to make $100 a day by selling CDs 2012 years after the birth of Christ? I'm sorry it just seems a little dodgy to me. How about this - go and pitch all the pawn shops in your town to update (e-mail for example) you when they have some goody like a laptop, smartphone or whatever and if the price is decent you resell it ot ebay/amazon. I mean why CDs? :)
     
  4. chad362wiley

    chad362wiley Supreme Member

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    meh, to much work :D
     
  5. JasonZ10

    JasonZ10 Regular Member

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    Tell that to the people running this eBay store and get back to me.
    http://feedback.ebay.com/ws/eBayISA...d=bargainbincds&ftab=AllFeedback&myworld=true

    Lots of people buy CD's. I'd buy CD's of some of the artists I listen to if they aren't available for outrageous costs. People like having a physical copy of their favourite music.

    Look at the reviews for the 2Pac CD I used as an example. You can see lots of the reviewers have the tag "Amazon Verified Purchase" for the CD, not only the digital download.
    http://www.amazon.com/Greatest-Hits...iewpoints=1&sortBy=bySubmissionDateDescending
     
    Last edited: Mar 7, 2012
  6. ladygamer

    ladygamer Junior Member

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    pretty sure this would work, only thing is finding the people to sell you the CDs ;D Thanks for the method :D
     
  7. geo__

    geo__ Junior Member

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    The only way to get some good Cd's, is by picking them up from the grandma's of the previous owners.
     
  8. boom1

    boom1 BANNED BANNED

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    thankfully, it is people like you that do not have a clue and will take no action that leaves the profits on the tables for those that do take action

    solid method and plenty of money in this, people sell off their cds as they have them on ipod or whatever now, however the marketplace for used is huge and getting obscure artists or albums can be massive

    Vinyl is still massive with the right items for sale check out

    http://www.ebay.co.uk/itm/ELVIS-PRESLEY-SUN-209-210-215-217-223-45S-ORIGINALS-1-00-STARTING-PRICE-/190647040334?pt=Music_on_Vinyl&hash=item2c6372f94e

    take action there is profits here
     
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  9. johnnyc

    johnnyc Newbie

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    Nice method OP. For shipping, the $0.50 cost is without the jewel case I'm guessing? Any recommended shipping provider? Thanks in advance.
     
  10. talkmeow

    talkmeow Regular Member

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    I used to do something kind of similar back in high school. I would buy huge lots of crappy CDs off eBay for about $.25 each then take them to a local music store and resell them for 2-10x what i paid for them. Easy money back in the day, and it might still work to some degree.
     
  11. JasonZ10

    JasonZ10 Regular Member

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    I meant add on an extra $0.50 to the total to account for padded envelopes you buy.

    Use a shipping calculator and then add $1 or so onto the estimate to determine how much you charge the buyer.
     
  12. prithviraj0007

    prithviraj0007 Junior Member

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    along with classifieds you can also visit the nearby charity shops and buy some CDs there.. They are pretty cheap..
     
  13. KraftyKyle

    KraftyKyle Jr. Executive VIP Jr. VIP Premium Member

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    Not meant as a discouragement, but before starting calculate the shipping costs, hours of work, gas money, and even depreciation of your car if you want to take it that far (joking). When you put all that into the equation, you may find that working an average job will earn you twice the amount daily. While I'm in no way bashing your method, most people believe this stuff comes without any work or other expenses.
     
  14. JasonZ10

    JasonZ10 Regular Member

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    It really depends how you're getting all of the CD's and where you're going for that. Let's say the profit margin is $5/CD -- If you can get four or five CD's in one drive, you've made your gas money, and more than minimum wage back. If you're really good at managing time and if you plan all of the places you drive to, you can easily pick up 50-100 CD's in an hour or two depending on how much each person has. The most time consuming part of it all is putting the listings up, and that's not all that hard, especially with Amazon.

    Definitely worth the time unless you're driving really far from home to pick up just a few CD's.

    Oh, and you charge your buyers the shipping costs of course. The only part you'd have to pay is the gas money to bring it all to the post office, but that can be combined with a grocery trip or something ;P
     
  15. Silly

    Silly Regular Member

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    Nice method but I don't know if its work for Belgium or France will take a look
     
  16. nik-0

    nik-0 BANNED BANNED

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    I also know a method, you know these very large cd's that are black and you can play them from two sides.
     
  17. JasonZ10

    JasonZ10 Regular Member

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    Not sure if sarcastic but:

    Vinyl Records. I mentioned them in the OP
     
  18. ardley216

    ardley216 Elite Member

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    If this floats your boat, have fun, but I'm steering WELL CLEAR.