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

My eBay Journey

Discussion in 'My Journey Discussions' started by masonb62, Jun 22, 2015.

  1. masonb62

    masonb62 Newbie

    Joined:
    Dec 21, 2013
    Messages:
    12
    Likes Received:
    6
    Hey all,

    Been lurking the forums for quite some time and have tried my own SEO ventures in the past with some success.

    Decided to try out the Amazon - eBay methods as a project using stealth eBay / PayPal accounts. My goal is to earn $5000 - $10,000 p/m, that being said it's more for my own learning at the moment and i'm intersted to see where I can take it. The investment so far has been $50 for a verified eBay/Paypal account, US proxy, US phone # and US address.

    The idea I have is:

    -Start with 1 account and build up reputation over a few sales. Account has $500 and 10 item limit at the moment.
    -Sell Amazon items that I can make $10 - $15 profit on.
    -After first 10 sales I should have ~$150 profit - use these funds to get more verified accounts (easier this was as I am based in Australia)
    -Rinse repeat until I have first 10 accounts and proven products to sell for income
    -Upgrade to VPS hosting for eBay accounts
    -Outsource the job of listing items - this will allow me more time to focus on transactions
    -Each eBay account will be linked to it's own Paypal account. Once this account reaches $8000 in transactions it will be swapped out to avoid SSN requests from Paypal.
    -Small transactions will be made each week on the Paypal account for things like Prepaid credit cards etc or other investments
    -Gradually build up transactions to be larger
    -Large payments will be sent to another PayPal outgoing account - this account will be swapped between a pool of 5 - 10 accounts to avoid paypal bans
    -Outgoing accounts will slowly build transactions as well. Eventually do a large purchase from the Paypal account for something I can then sell from a legit account or locally (i.e. purcahse $2000 TV that I can then sell to a friend or on classifieds).

    That's the plan so far. Let me know what you think. Eventuall want to build this up to ~50 accounts that I can interchange if one is banned.
    Thanks
     
  2. Dioni

    Dioni Jr. VIP Jr. VIP

    Joined:
    Nov 21, 2014
    Messages:
    1,140
    Likes Received:
    410
    Gender:
    Male
    Location:
    Kosovo, Albania
    Home Page:
    I like your plan, best of luck with your journey!
     
  3. goodperson

    goodperson Elite Member

    Joined:
    Jan 3, 2015
    Messages:
    1,648
    Likes Received:
    227
    Location:
    www.niceaccount.com
    Home Page:
    Your plan is very good. I think you can do it. Good luck, best wishes to you
     
  4. Neon

    Neon BANNED BANNED Jr. VIP

    Joined:
    Nov 3, 2013
    Messages:
    3,107
    Likes Received:
    7,705
    Gender:
    Male
    Good Luck and NEVER give up !
     
  5. masonb62

    masonb62 Newbie

    Joined:
    Dec 21, 2013
    Messages:
    12
    Likes Received:
    6
    Thanks guys

    First 2 accounts have been verified. 2 VMs setup with private proxies and first 2 items listed. I've started with an Auction price rather then a buy it now to avoid any account issues.
     
  6. LoftPower

    LoftPower Elite Member

    Joined:
    Feb 23, 2015
    Messages:
    3,185
    Likes Received:
    407
    Good luck. Following along with you!!!!
     
  7. gdevpro

    gdevpro Registered Member

    Joined:
    Apr 22, 2015
    Messages:
    88
    Likes Received:
    3
    Good luck and success with your journey
     
  8. bankole1

    bankole1 Junior Member

    Joined:
    Aug 2, 2012
    Messages:
    123
    Likes Received:
    26
    Location:
    Earth
    Sounds like a decent plan. Good luck on your journey, let us know how it all goes about a year from now.
     
    • Thanks Thanks x 1
  9. password01

    password01 Regular Member

    Joined:
    Oct 28, 2015
    Messages:
    294
    Likes Received:
    52
    Occupation:
    Software Developer
    Location:
    London, UK
    Subscribing to this thread anyway!

    Good luck with this. I hope you make some real bank.
     
  10. Red Giant

    Red Giant Jr. VIP Jr. VIP

    Joined:
    Nov 1, 2013
    Messages:
    1,603
    Likes Received:
    265
    Good luck with your Journey mate.
     
    • Thanks Thanks x 1
  11. fatalfury

    fatalfury Newbie

    Joined:
    May 26, 2013
    Messages:
    19
    Likes Received:
    5
    Anyone can explain to me the way the OP make money? Tried to read 3 times but still don't get it. :confused:
     
  12. password01

    password01 Regular Member

    Joined:
    Oct 28, 2015
    Messages:
    294
    Likes Received:
    52
    Occupation:
    Software Developer
    Location:
    London, UK
    The OP is planning a rather elaborate system for a number of reasons but the profit making setup is simple.

    Basically, he/she will list items on eBay for higher than he can buy them on Amazon.

    When somebody buys an item from him on eBay he will order it on Amazon and have the item shipped directly to the eBay buyer.

    Even after eBay and PayPal fees there is a positive difference between eBay and Amazon, this is the profit for the OP.

    Profit is often around 5/10 USD$ per each item sold. The more items he sells the more money he makes.

    Simples :)

    Do you understand that?
     
  13. Euphorix

    Euphorix Supreme Member

    Joined:
    Feb 20, 2015
    Messages:
    1,331
    Likes Received:
    802
    Location:
    Mountain View, CA
    Gain feedback + get account limits raised > Making money right off the bat