I know that a lot of people buy items at discount prices and turn around and sell them on eBay, so I thought that I might try this to make a little extra cash. Here’s the breakdown. I purchased 3 items at 38.65 each. I am listing them at 49.99 opening bids, with a Buy It Now price of 65.00. I have ordered the items and have already listed them. They should arrive at my house by Tuesday or Wednesday, and I can ship them the same day they arrive, if need be. Here’s the entire deal.
| Ebay Experiment | |
| Product Costs: | |
| Purchase Price | $38.65 |
| Ebay Fees | $4.16 |
| PayPal Fees | $1.80 |
| Actual Shipping | $4.05 |
| $48.66 | |
| Product Revenue | |
| Minimum Sale Price: | $49.99 |
| Shipping/Handling | $6.00 |
| $55.99 | |
| Profit: | $7.33 |
| Number of Items: | 3 |
| Total Profit: | $21.99 |
So, as long as they do sell, I will make 21.99 in 7 days. I’ll keep you up-to-date. Hopefully they will sell for more than the minimum. Still, at 7.33 per item, that’s a 18 percent return in just 7 days. Not bad.