Saturday, January 2, 2010

My eBay Flip - True Religion Jeans

This is how you have fun with eBay! I love flipping listings. Here is another one I did, and it just sold on Best Offer a few minutes ago. (Click here for a 5 minute video tutorial on how to flip listings.)

Original listing:


Fatal errors:


NEW NWT keywords not in title
(anyone searching for NEW True Religion jeans won't find this listing)

True is spelled "Trrue" - misspelled words don't come up in searches
(when the word is spelled correctly)

Poor photo - item is sideways

No return policy

Listing does not give fabric content, measurements

Shipping is too high

No international shipping

I paid $51.00 + $9.99 for shipping. Total investment = $60.99

Here is my listing:



Improvements:

Added several more photos

Used keyword NEW NWT in title, spelled brand name correctly

Gave fabric content and measurements in description

Added 30 day return policy

Added international shipping

Charged $5.50 for domestic shipping
(these will fit in a Flat Rate Envelope - click here for more info on using Flat Rate envelopes)

I ran these on auction first and they didn't sell. Then I put them in my store inventory with Best Offer. I had several crummy offers. Accepted an offer for $150. I could have held out for more, but my profit on this item is $81, so I am happy with that. Waiting is part of the game, but don't get greedy.

Summary:

My cost = $60.99
Sale price = $150
My profit = $81.32
Time invested = 30 minutes

You can see that in this case, I realized an income of $162.64 an hour doing this. You can learn to do this, too!


Find sloppy listings and resell the items for way more than you paid for them!


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