eBay and Paypal fees

Full Member
allcomcb
Posts: 26
Joined: 11 Apr 07
Karma: 
19 May 07 11:43:04 pm
Is there any cheaper way around these damn ebay and paypal fees with listing in bulk? It seems rediculous to have to pay almost $14 after ebay and paypal fees to sell an item for 200.00. I will be making my first offical purchase on liquidation.com for a small lot of 30gb ipods and I have been watching these items for a few months now. The problem is after the listing fees/ paypal fees there is only a 1-2 dollar profit margin wich I am fine with but it cuts it awfully close. Any suggestions?

Free Member
jimmy_huber
Posts: 2867
Joined: 11 Mar 10
Karma: 
20 May 07 04:30:00 am
Post an ad in your local newspaper and sell them for much more. Selling them on ebay is ok, But this is a high demand item, amongst teenagers, You would fare much better to sell them locally


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Full Member
winsome
Posts: 40
Joined: 20 Oct 06
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20 May 07 06:42:30 am
You cannot and should not make a profit of ONLY $1-2/

Free Member
jimmy_huber
Posts: 2867
Joined: 11 Mar 10
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20 May 07 07:54:43 am
this is why I urge members to stay away from these oversaturated product lines. Ive mentioned time and time again how many Ipod sellers have clearly stated they only make pocket change to sell these items. Dont let the powerseller status fool you.

I know at least 2 big powersellers that come into the resturant I work at and they are still working a 9-5 jobs while working on ebay selling in oversaturated markets. One claimed to be only making about 400 a month selling memory cards. I made that when I was only selling dvd's and that is a severaly oversaturated market.

The only reason they stick to these items is because they hardly have to relist them.

I would rather relist an item 10 times and still make 5-10 bucks then sell an item every time and make only 1-2 bucks. I started out that way. And its way more work then its worth, trust me.


There are millions and millions of products you can sell. Find a good niche and stick to it.


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Full Member
azureus001
Posts: 109
Joined: 18 Apr 07
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21 May 07 07:08:59 pm
yeah, i don't even bother with ipods unless i stumbple upon a really really good deal. i find it easier to deal with clothes and toys, something along these lines. i also do wholesale a lot electronics, but most of this is in 1s and 2s, so the prices aren't at the basement bargins you need for ebay.

Full Member
bayericlowe
Posts: 485
Joined: 26 Feb 07
Karma: 
22 May 07 09:36:33 am
Agree with Jimmy. I won't ever tell anyone really what niches I research, I just jump on them and go.


Doing the oversaturated markets is a bad idea. iPods will only sell when they sell, and the profit will be low unless you have a firm research on the market.


Get in the habit of selling something different all the time, open up your own store, and gradually move towards independence at lightning speed.


It can happen overnight, it certainly has. But the hard work is required.

If you want to get past the ridiculous paypal type 'fees' you need to consider what you are paying for on either eBay, uBid, or otherwise.


Are you honestly in need of that bold title, the subtitle, the color, 8 different pictures, and then on some the $29 to list it on page one?


I'll give you a hint....You do not need them, any of them if you play your cards right. You can use the base cost listing fee without any extras, and still sell it the same if not for even higher. A $1 listing fee is the same as a $14 one or $30 one, there is no difference, the only difference is how you get the customers there. Rather than paying 'somebody' else to get everybody to your items(which is how they make money), you do it yourself and pay nothing.

All you must do is drive the traffic/people to your site and listings and no matter where you are they will buy. And you know, you can cut all the middleman costs out. Profits can be anywhere from $20-$50 or higher per item, once you master the system, avoid the fees, and flood people to your products.
:wink:

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