eBay Arbitrage and How it Can Make Your Internet Marketing Fortune
I have finally, and very profitably, realised none of us is ever too old to learn and
as a result I've just added another hugely profitable income stream to my eBay business. It
all happened the other day when I began reading another person's article about arbitrage, mainly
buying bundles of goods on eBay and reselling those items individually on or off the Internet.
Arbitrage - that's a subject I know a great deal about, or so I thought until I read
that article, and I really didn't expect to learn much personally from the experience. You
see I really didn't think everyday objects, like DVDs and records could be picked up for low
prices and resold for much higher amounts. I expected so many people looking at those big bundle
lots would mean they'd either go for prices way more than I was prepared to pay, or I'd end
up buying goods that would take me days or weeks or even months to resell on eBay or at flea
markets and fairs.
So I expected that article would benefit our more inexperienced readers, but not "experts"
like me - and very soon I'd discover I am not an expert at all! Yet! Nonetheless, I decided
to put the article writer's advice to the test and I began looking for big bundles of postcards
and other paper collectibles which I could buy in bulk and maybe add twenty or thirty pounds
a day to my income.
In reality my first attempt will make me three hundred dollars or maybe a good deal more,
and one item I bought as a job lot included something that really could make me several thousand
dollars. And that's why I will look for profitable arbitrage deals every day on eBay and I
recommend you do the same. The big secret, for me at least, is to realise you really don't
know it all and to continuously look beyond your current level of expertise - or should that
be lack of expertise!
Having delved a little further into arbitrage, I can offer the following tips, proven
tips, to help you double every one of your arbitrage investments, starting today:
o Realise that some sellers are in a great hurry to make money, and because they are
running at warp speed they often end up selling valuable items for a tiny fraction of their
retail value. And that is why, when I searched for bundles of ephemera on eBay, I came across
one comprising twenty plus letters from the 1930s. They'd been given such a bland write up,
but the picture was good, very good in fact, and because I spent time downloading and expanding
the picture I managed to spot a very valuable signature on one of those letters - Edward VIII!
Yes really and that probably means other hugely profitable signatures are lurking unceremoniously
in the same bundle that cost me all of twenty dollars!
o There's an easy way to spot people selling potentially valuable items, not only by
checking illustrations as I just did, but also by focussing particularly on eBay categories
sometimes including immensely high price items, such as rare postage stamps, highly prized
autographs, original art, and so on.
But the idea I want to tell you about now focuses on finding sellers failing to realise
a valuable item can look almost exactly like another item that's pretty much worthless, such
as a Penny Black stamp worth tens of thousands of dollars in a pile of Penny Blacks with torn
margins and tons of creases. Or maybe there's one signature in an autograph album that's worth
ten times the value of all the other entries combined? Or there's a famous face peering out
from a pile of unknown people on early postcards and photographs.
The secret to making big profits here is to focus less on titles in your chosen category
and look more closely at illustrations instead. Those illustrations are small in their overall
category listings, but they can be blown up ten or more times and prove very informative indeed.
And that's the reason, when I was looking last week at postcards and photographs the seller
listed as "unknown people" I opened one or two listings, increased the picture size, and studied
names printed and handwritten on some of them. I immediately spotted one I knew was worth much
more than the seller's starting price, but all the same I made a note of all the other names.
Then I checked those names on Google and found five worth potentially double figure prices.