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Need Reviews on my money generating idea!!!

Discussion in 'Making Money' started by fafala77, Mar 14, 2008.

  1. fafala77

    fafala77 Registered Member

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    Hi everyone,

    I am a noob :D and I have read a lot on your forum. I have learned a lot as well.

    I would like to know what you think about my idea.:confused:
    I want to know if its possible to list a product from Amazon on eBay. And then use my affiliate id to get commissions on the sale?:rolleyes:

    Here is an example:

    I would look for a highly priced product on Amazon such as HD TVs or Jewelry for example.

    Then open an auction on eBay to sell the product at least at the same price listed on Amazon.

    Once the auction ends I'll go on another computer (to be able to earn the commissions) to order the product and put the winner information for the shipping.

    So in theory I would win the difference between the amazon price and the eBay price,which should be really small, and get the 4% commissions from Amazon.

    Do you think its possible to follow this steps and generate some money?
     
  2. Nick Flame

    Nick Flame Executive VIP Premium Member

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    It is highly unlikely that someone would buy it from ebay when they can find it cheaper -or at the same price - on amazon, which is well known.

    But the idea of selling products you do NOT own, and buying them after you have already received the money from ebay is NOT new, and it works well if you know what to sell.
     
  3. Apprentice

    Apprentice Newbie

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    yes i agree, plus most of the amazon item are more expensive that the one offered in ebay. but item non - electronics should be doing fine.
    go find kekoa ebay book here then you should have better understanding about it.
     
  4. Chaos

    Chaos Registered Member

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    Well, I don't think that this particular application of the idea will work, but it's good that you are thinking! This method is called 'drop shipping' if you didn't know, and what people do is join wholesale websites, list the products on ebay, and then once the auction is over, buy the product with the auction winner's address.
     
  5. jamesdin

    jamesdin Junior Member

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    i tried dropshipping, i signed up for a trail period on some website, i searched for a product for more then 6 hours, all the product that was listed on the website- the price was the same or cheaper on ebay, so for me dropshipping didnt work
     
  6. fafala77

    fafala77 Registered Member

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    Thanks you all for your replies,

    I'll take a look at dropshipping.:)
     
  7. hootnholla

    hootnholla Junior Member

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    This is an old technique and it still works very well.

    Believe it or not, most "Ebayer's" are not that intelligent. When they find the product they are looking for, they tend to purchase before actually shopping around for the lowest prices.

    I needed some quick cash and made over $2,000 in about 7 days doing this. Amazon tends to sell electronics cheaper then most of the "Featured" listings on Ebay.

    Go to Cnet.com find a Hot, New product...visit amazon, compare the prices with Ebay listings and if there is a decent profit margin...easy money.