Bargain hunter's alert for eBayers!

Who isn't tuned into eBay's Deals (Daily Deals)?

If you're not, then you can be missing some great opportunities to grab some real money making bargains. Yes, you do need some cash behind you to take advantage of the deals offered, but if you do have the cash, I would suggest it's definitely and avenue well worth while keeping an eye on.

Now you're probably not going to find big discounts on the hottest selling items, most of these deals are going to be on very limited stock that just needs to be cleared for one reason or another, but there are still some very solid prices on offer that certainly make it possible to re-sell. The more cash you have available, the more money making potential exists. Of course getting 25% off a 10 dollar item doesn't leave much meat on the bone, where as the same discount applied to a $1,500 TV leaves plenty.

If you're not sure where to look, you'll find the link at the top of your eBay Home Page, left hand side where you sign in.

If anyone is already taking advantage of these deals and having some reselling success, let us know below. We would love to hear about your experience with it so far.

We are selling to customers who are doing very well with ebay daily deals as well as ebay wholesale deals.

Have pulled a few myself, resold on Amazon and done fairly well. Mostly refurb Apple stuff and new (non-Apple) phones. One thing worth noting with the daily deals is that the bigger sellers who show up on the deal page can be amenable to off-the-site deals as well for established customers. If they seem to be dealing in lots, particularly refurb lots, letting them know (once you're satisfied with your order) that you are interested in possibly purchasing quantity from them if the price is right can unlock some serious discounts.


Frank

I'm giving it a look and seems to be the same BS as on every other deal website. As I speak, there is a watch being sold for $45 and according to the seller it's 88% OFF cuz he says the List Price is $395. This same watch is being sold on Amazon for ~$60.

Hi Lemyr and welcome to the forum,

You do have to be selective, as you have highlighted the deals aren't always great. The easiest thing to do is to sign up for the updates and just watch for the daily updates until you find genuine offers that come through or at least an offer where you see margin potential for your own market.

Marc is spot-on -- you will have to dig just as with any other source to find the serious deals. Conversely, I would point out that anything selling for 25% under the average price on Amazon is actually a pretty good deal (although from experience I would stay out of crap offbrand watches that no one wants, which is why they have a $400 MSRP and $45 eBay price in the first place.

The days of finding "wholesale prices" that you can mark up 100% or more on an item that anyone in the first world actually wants to buy, and the deal not being a one-time thing you won't be able to repeat once you sell out, are long over. Most retailers who have millions, tens of millions, billions to spend on inventory, a huge warehouse and shipping infrastructure, and bottomless advertising budgets aren't getting high-demand new merchandise for much more than 20-30% markup (outside of clothes, cosmetics, and furniture, all of which have huge markups for various legitimate reasons, and -- notably -- all of which can be bought for pennies on the dollar at the liquidation level, new in the wrappers, unlike higher-demand stuff.) You want huge markup stuff that will also sell, you have to be prepared to really dig for it, and start looking for your next item as soon as you find it, because market dictates it will not last at that price.



Frank

All that said, I need to add to my March post in this thread that I have since received a polite but stern and kind of vaguely threatening message from eBay about buying up Daily Deals for the purpose of reselling. Why on earth eBay thinks it's their business what I am doing with stuff I buy from eBay sellers is anyone's guess, but it was hinted that I could have my account restrained if I didn't ease up on buying large quantities of individual daily deal items. I wish I still had the letter, because it kind of hilariously says that eBay Daily Deals are "not intended for resale" as if there was some actual reasonable argument eBay could make to support the idea that it's any of their concern at all. So if you do find a killer deal, grab soe, but make future purchases by direct arrangement with the seller if you can get it, or move on to another item from another seller, because Big Bay is watching.