January 10, 2005

eBay Loves Me (and I Love eBay)

Let's say, by chance, that I purchased this item on eBay for $6.54 plus $4.00 in shipping (which I did). And then, just as an example, let's say that I sold it on eBay two weeks later (which I did) for $40.75. Would that be considered ultra-cool in your book?

After fees from eBay and PayPal, along with shipping, I'm making a profit of $28.00, and on an investment of $10.54, I'd say that's a pretty good deal for me. I hope I can get 288% on more of the things that I sell. Being the numbers guy that I am, this works out to $2.00 in profit for each day that I owned this item.

So, it appears that I can make a profit buying and reselling things on eBay, and this really excites me. It's a 'job' that takes very little time, can be done from home, doesn't have a set schedule, and can provide the extra income that will make being a full-time father a bit easier on the budget. I actually made over $17 per hour of time spent working on eBay this past week, which is a pretty darn good deal.

If anyone wants to know how I'm making this happen (in more detail), feel free to ask, I'm happy to share the info with friends. It's not difficult, and since eBay is so gigantic, it's not like we'll be competing against each other for profits.

Back to the bidding, and more importantly, back to the reselling!


At 12:49 PM, Kyle said...

Nice work, making a profit like that! Well done. This is one of those things I always want to do, but never actually do because of how I'm lazy, or busy, or something - but you're proof that, with a little time and attention, it can happen.

Next time, though, don't take the picture of the DIMM on the carpet. ;) People are bound to feel more confident about purchase of sensitive electronic components when they're not on the most statically charged surface in the known world. =)

At 12:31 PM, Anonymous said...

you have been reported for adsense TOS violation.

Hope it was worth it idiot


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