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ebay reselling, is it profitable.

     
1:09 am on Nov 12, 2004 (gmt 0)

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does anybody here resell items on ebay for profit? If so, do you find it profitable.
6:09 pm on Nov 12, 2004 (gmt 0)

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I have resold many items on ebay for a nice profit. It does take a lot of work though. If you really want to make some money, you will need to sell 10-100 items each day. Just fyi, looks for items labelled as "lot" or "lots". Resale those individually and see if you make money. I kept track of mine in a spreadsheet and was able to determine pre item profit or loss.
6:19 pm on Nov 12, 2004 (gmt 0)

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I now some people (women) making a nice profit by finding collectors items at yard sales for a couple bucks and reselling them on ebay for $100+ - you need to know what you are doing though and it probably needs to be your hobby/passion already.
7:35 pm on Nov 12, 2004 (gmt 0)

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thanks guys but just had a question, what do you exactly mean by "lot" or "lots". was a little confused about that.. thanks
12:22 am on Nov 13, 2004 (gmt 0)

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Do a search on ebay and you will find out
2:31 am on Nov 13, 2004 (gmt 0)

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lot, lots == wholesale items (buy 1000 watches for $10 each wholesale, sell them for $17 on ebay or for $100 in the mall)
8:02 pm on Nov 15, 2004 (gmt 0)

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Lot or lots can also refer to an amount of similiar items. Such as a lot of star wars figures or a lot of computer parts.

Oh and I agree with the hobby/passion part. You should have a knowledge of what the items will sell for or are worth before you attempt to resale them.