Reselling iPhone cables worth the time?

B

BMG92

Newbie
Joined
Mar 23, 2013
Messages
10
Reaction score
1
Is this venture worth doing? From what I can tell, I can buy around cables for around $1.10 each, would have to buy like 200 of them at this price, and they sell on eBay and Amazon from anywhere to 3-6 dollars. Also, the market seems very competitive as there are a lot of people doing it, but the demand seems to be pretty big as well.

I think the part that will kill most of the profit is shipping. Ideally,could anyone more experienced than I please estimate roughly how much would I be spending to ship each cable?

Thanks for your time.
 
Advertise on BHW
The thing you have to think about selling on eBay is the final fee they will take and then the PayPal fee and put all that together and see if it is worth your while.
 
I messed with selling USB cables for 99 cents shipping cost only, and no reserve on the auction. Of course, I was paying 2 cents a piece.
 
Personally, I doubt it would be worth all the hassle. Like mentioned above, it is not just the postage but also the scandalous charges from Paypal and Ebay.
 
Selling anything iPhone is a great way to make money. Just comes down to profit margins just like anything else you do to make an income.
 
MrLucky1985 said:
The thing you have to think about selling on eBay is the final fee they will take and then the PayPal fee and put all that together and see if it is worth your while.
Click to expand...

Thing is, even if I make a profit after all is said and done, can I even compete in getting the product out when there are powersellers with tons of feedback? Maybe I could try Amazon.
 
There is virtually no profit margin on these after you pay the fees. You cannot really make it up on shipping (especially on Amazon where they control the shipping). Consumer electronics is a very tough industry with very thin (less than 5%) margins even for big companies.
 
BMG92 said:
Thing is, even if I make a profit after all is said and done, can I even compete in getting the product out when there are powersellers with tons of feedback? Maybe I could try Amazon.
Click to expand...

Don't let Powersellers knock you down. Just offer something they are not. Buy one get one free (But obviously make up the cost). I had the same fears when I was selling product keys Vs Power Sellers. I added my own twists and got about 10 orders per day and $5 a pop :)
 
MrLucky1985 said:
Don't let Powersellers knock you down. Just offer something they are not. Buy one get one free (But obviously make up the cost). I had the same fears when I was selling product keys Vs Power Sellers. I added my own twists and got about 10 orders per day and $5 a pop :)
Click to expand...

I guess I could try a buy one get one promotion, and I could probably compete with the two cables market. The only issue is to get some of these good prices around a doller per cable, I'll have to order a 100 of them. Should I have an issue selling all of these, considering the saturation and how much feedback I have?
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top