Quote:
Originally Posted by teamplayer
Hi Diem.
What impresses me is this.
"I bought and sold second-hand laptops. Now, in this case, I didn't always sell on eBay. However, I often bought on eBay - and sold through the local trade newspaper. I could make hundreds of bucks per sale!"
I am sure many of us would like the full details on this. What kind of laptops?
Which newspaper did you sell them in, can this still be done today?
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Hi Trevor,
First, sorry for my slow-ish reply... I've caught a virus or something, and it's slowing me down (I feel more tired than normal)...
When I was buying and selling laptops was the early to mid-2000s. Laps were more expensive then than they are now...
I'd deal in second-hand laptops which were around the $2,000 range. I found I could get generally a 10% spread... That is, for example, I might find a laptop I could buy for around $1,800, and sell it for around $2,000, and make around $200 profit.
Laptops are less expensive nowadays, but I bet you could still do something similar with high-end laptops.
However, you can get a bigger percentage profit with other products...!
When I did the DVD box sets (mid-2000s), I was buying Xena (the Warrior Princess) DVD box sets for around $25, and I found I could sell them for $80 to $120. (The ones I bought were heavily discounted. I found most of my buyers, though, were in country towns, where they didn't have such easy access to the discounts like I did!)
Of course, I learned it all from Gordon Alexander's "The Chattel Report"...
As long as you have the energy to do it, there's no excuse not to have spending money...
More recently, with a partner, I bought a load of products and we filled a shipping container with them, which we then exported. Now, this is quite different... But, at its core, it's really the same kind of thing - buy low, sell high. (It's a bit more complicated, though, since you have to deal with customs and that sort of thing... But - at its essence - its the same thing, really...!)
Best wishes,
Dien