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Should i take these risk for 100 bucks?

Discussion in 'Ebay' started by bigcasey123, Feb 6, 2014.

  1. bigcasey123

    bigcasey123 Regular Member

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    Ok so here's the story, i was reading cburton81's post about how he made 4k selling ps4s and it got me questioning the ps4 market. So i go on ebay and went to the "sold" listings and what i saw next was extremely shocking, even though people were selling ps4s for 500 bucks other people were selling for 700 - 800 bucks! (yes they actually sold) so it got me thinking about dropshipping ps4s and the profit (after ebay and pp fees) would be 100 bucks (a lot of money for me). But i also have major risks such as a limited paypal (everyone knows that paypal could possible limit an account that receives such a large payment), or the item could be broken on arrival (even though my dropshipper has only 0 negative feedback there can always be a first time), or the buyer could ask for a refund because they see the cheap sticker price. So with all these risks it worries me if i should really risk my paypal for a hundred bucks, what do you think i should do?

    P.S if my paypal got limited i couldn't unlimit it because i have no id, ss card, bank account, etc..due to the stupid fucking social security office being such jackasses.
     
  2. noseo

    noseo Regular Member

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    Payment problems, shipping problems, refund problems... ordinary online retail woes.

    Retail isn't for everybody. I used to do it, and I moved on to other things.

    Yes, you can still make money with retail. Yes, there are many inconveniences, and some of your sales may actually be losses.
     
  3. mikejetski82

    mikejetski82 Newbie

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    If you do not have ID, bank account or SSN#, how the heck did you start a paypal account to begin with? It will be a matter of time before they limit you again and ask for these docs before just shutting you down. Ebay has tons of software to look for high risk sales. Im pretty sure that would throw a red flag.
     
  4. Masterptc

    Masterptc Regular Member

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    Its not even worth it if your paypal hasnt been verified yet, you will be limited then your out of luck since you can't provide any identification.
     
  5. DougG79

    DougG79 Regular Member

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    You do not need a bank account or a ssn to get a paypal account that works. I have 20 of them and never been asked about either.
     
  6. neu009

    neu009 Jr. VIP Jr. VIP Premium Member

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    1. He made it with commission from azon not selling directly2. Check sold listing and who actually won it. Often the owner bids to not have to sell it too low or its juist another non paying bidder.3. 10% Ebay fee + paypal ...4. Were do you want to buy it?5. do you have a legit ebay , at least good ratings?It can go either way here some ppl actually do pay a lot still but most realize later and just won't pay. Basically lets face it you won't get PS4 at wholesale. Amazon does not have any stock now and pretty much all other ones so the question is where do you want to get them from ...
     
  7. lebsta

    lebsta Registered Member

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    Tbh the best way to sell on ebay/paypal is to first start smaller so I would find something to small to dropship to get your feedback up.

    Paypal is often trouble, and a nightmare to deal with when they hit your account
     
  8. bigcasey123

    bigcasey123 Regular Member

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    The people who paid 700 - 800 were using the "buy it now" listings. I calculated the ebay and pp fees and the profit would be 100 (after the fees). My account has 147 good feedback (1 negative cause a stupid buyer didn't know USPS can lose packages). I was gonna buy the ps4 on ebay for $529 (so i would resell from the resellers lol).

    Also yes i do have a ssn (social security number) but not a ssc (social security card) and i do ever thing legit so i been trying to get my id and stuff but social security is being scumbags. They won't accept my medicaid card, a doctors note, etc...i tried everything but those fucking assholes just keep finding excuses on why i can't get my social security card (without the card i can't get id).
     
  9. anatho

    anatho Elite Member

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    Hm so you do not use amazon or another big and known company as your "dropshipper" but you will do arbitrage by buying from ebay and selling on ebay? Do you know the seller on ebay from whom you want to buy? Is it for sure he can be trusted? also, is this a company or a private seller? If a company, he might include his company address, leaflets and maybe his price tag ....