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Hi,
tomorrow i am going to start looking on websites like gumtree and ebay
i am going to look for items like...idk chairs, gym equipment, dont know what else
and im going to buy them (i dont have much savings and get paid TINY at my job so i have to be very careful) and try to sell them
does anyone do this or has done this? what tips do you have to someone who is clueless apart from doing some buy/sell on a few MMOs?
what websites do you know that are good for this (location searcher for example) , such as gumtree?
note: im thinking of buying things local to me that i can pick up (maybe on the bus) and sell local too
thankyou
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Is there any reason you don't include craigslist on your list? There is ridiculously undervalued stuff on there all of the time, but you have to be quick. I'll admit that I don't have personal epereience trying to make a business like that work, but my suspicion is that ebay is where you want to be selling, not where you want to be buying. Because they have relatively strong protection for buyers and are seen as prett extablished, items tend to claim higher prices there than they would elsewhere.
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oh im in england, i didnt think there is a craiglists on england edit: looks like there is thanks for your reply heres a cool song for you + Show Spoiler +
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you have it all wrong. what you need to do is go to estate/garage sales, good will stores, etc and buy the stuff from there. there will be valuable things for like $2-5. then all you need to do is research the item on eBay and price it appropriately and then $$profit.
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Hcastorp is mostly right. eBay is for selling. You aren't going to be able to 'game' the prices on there very well by buying and reselling, it's too established. You may be able to buy things in bulk on there and then sell them individually but that probably won't be worth it as far as ROI.
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Get very good at recognizing a certain product, for example bass guitars. Music instruments are a good thing to buy/sell since there is a lot of value in "vintage" instruments, while a lot of people just think of these instruments as the "The old broken guitar ( Meaning: It needs new strings, $20) that has been laying on our attic for 30 years now" it is actually "That rare vintage guitar of which 30 were made and has incredible value to a collector."
I used to search through about 20 websites daily who let people advertise their second hand stuff. What you are looking for is someone who doesn't know what he has and what it is worth. THAT is what you need to know.
If you are able to tell the fake ones from the real 'vintage' guitars, you could make some top dollar when you get a few lucky breaks. I bought a '72 fender bass for €50, about 80 US dollars at the time. Sold it for around 4K in dollars! That's the kind of bargain your looking for. But it takes time to spot something, and you will be wrong sometimes. Bought a bass for 130 dollar, without seeing it first thinking it might be the real deal ( Seller lived 10 hours away in a different country) but it turned out it was actually just a crappy old bass worth shit.
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What all the above posters said. eBay should not be your starting point; it should be your end point.
Hell, just this past week I bought a 1980s Simon (you know, the beeping hit-the-lights game) for $20 on eBay knowing full well the guy probably got it for 50 cents at a garage sale.
Who knows, we might have the next Dave from Storage Wars in our midst:
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