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Old May 18, 2022, 12:03 AM
Dien Rice Dien Rice is online now
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Join Date: Aug 2006
Posts: 3,357
Default I forgot to add that...

I forgot to add that, I ended up selling a lot of the CDs at a local flea market (still at a profit)...

No problems with listing, packaging, shipping, etc. People could just ruffle through the CDs to see if there was anything they wanted...

All the CDs had price stickers on them (from when they were in the store that went bankrupt), so I just had a big sign saying they were new CDs, and I think I gave 20% off the sticker price...

Best wishes,

Dien

Quote:
Originally Posted by Dien Rice View Post
Hi Gordon,

You've reminded me of my big eBay mistake!

I think it was back in 2002... Jeepers, that's 20 years ago now...

I had already done some chatteling (successfully)... and I had read Jim Straw's report, on how to "Make a Fortune Just Snooping Around"... (good report by the way...)

So, I started snooping...

Those were the days when people were still buying music CDs.

I found a music CD store... going out of business!

I had some spare cash at the time, so I organized to buy all their stock, which was all NEW...

I forgot how much it cost, it was probably around $5,000 or so... But I figured I could make many multiples of that, selling the stock (mostly music CDs, with some DVDs thrown in), individually...

So, I got to selling my new CDs on eBay...

What I didn't count on was - as you point out - the TIME it takes to do the listings!

Because virtually each listing was different!

It's not too bad if you're selling 100 of the SAME THING... Because the listing is the same. You only have to create it once, then list it again and again...

But if you're selling 100 different things... that's a lot of TIME and WORK!

You have to do each listing individually!

Then, I haven't yet gotten to the time it takes for packing and shipping each single CD...

Ahem... Anyone wanna buy some music CDs? (I still have a couple of boxes stored away...)

Best wishes!

Dien
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