Arbitrage selling on Ebay
Arbitrage selling on Ebay may sound complicated but what it means is buying something on Ebay then reselling the same item again on Ebay for a higher value. This may seem like an unlikely thing to happen but auctions sell all the time for less than their fully achievable value, this is due to a number of reasons:
- The auction has been miss-spelt. If an auction has been miss-spelt chances are less people are going to see the auction, the only way an auction price will rise is if more people bid on the item. Try fatfingers.co.uk to weed discover those miss-spelt auctions.
- Sellers list their auction to finish at the wrong time of day. Generally a rule of thumb is if you want the most money for your auction make it end in the evening, as more people are on Ebay. Logically this means that some of the best bargains are to be had very early in the morning. Use an auction sniper to automatically put in a bid on any bargains that you see finishing early in the morning.
- Sellers don’t accept Paypal. Not the most likely thing to happen these days, but still possible. Not accepting Paypal will be a big off put for a lot of people so cash in on the situation. Use the advanced search facility when searching listings.
- Sellers won’t post, local pickup only. Another great opportunity as they are limiting themselves to people who live nearby. Again use the advanced search facility.
If you are considering arbitrage selling on Ebay, a great niche area to look at is vintage books. Vintage books are very often put on for far less than their actual true value simple because the seller has no idea the book maybe worth more.
Selling books is a very specialist market you do need to have a good idea what you are looking for, but something’s to look out for are: Is the book a first edition? Is the book out of print? Who wrote the book, has it been signed?
A good starting point to gauge the price of a book on Ebay is to use the advanced search function, enter the book title you are interested in, then list any completed auctions. This will give you the final selling price for any auctions with the book name you are interested in. The key to making profit with arbitrage selling on Ebay is do your homework first!
Don’t just stop at Ebay for arbitrage selling
Other great places to look for books are second hand shops and especially car-boot sales. Car-boot sales can be an absolute goldmine, people are generally just having a clear out when they sell their stuff and are glad just to get any money let alone top dollar, so find out where your local car-boot sale is and take a visit.
