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Question by Carbonbased Lifeform: How do sellers on ebay make money?
I discovered items on ebay that are sold for $ .01 (with about $ 14 for shipping). So how the heck do they make any dollars?
I just bought a USB 2. PCMCIA card for $ .01 and had to pay $ 16.49 for shipping.
Very best answer:
Answer by romeothegentleman
the shipping is more affordable than $ 14… or they are just stupid =P
What do you think? Answer below!
Weblog: executiveteenager.wordpress.com In this video I am going to walk you through a few techniques of getting and reselling on eBay. I’ll also give some several listing suggestions. Note: I utilized these methods combined to earn over 00 a month back in the day. Check out Part Two: www.youtube.com
Video Rating: 4 / five
From the shipping! you will see many items which are quite small and light to post out which cost 99p and then the postage will be £20. This happened to me recently when I bought someting for my car.. they make up the money through the postage which is often a totally unreasonable postage cost.
yeah…….
Volume
They overcharge for shipping, so that is how they make the money. They do this because ebay takes a final value fee out after the auction is over. That is why they only charge .01.
Is that how much the end bid was, or was it the starting bid before it closed? The seller could make money on shipping, but it would be very minimal.
sellers charge your credit card, check, or paypal to receive the money through electronic transfer
Volume
The shipping probably costs about $ 5 and you’re getting a $ 3 item.
Sellers who list 1 cent items with $ 14 shipping do not actually spend $ 14 at the post office. The shipping fee is allowed to be “shipping and handling,” and most sellers justify this by saying that they have “handling” costs aside from the actual post office charge (packaging, traveling to the post office, whatever). There are a couple reasons people list items will all the money in the S/H fee:
First, people often sort search results by price, and making the item 1 cent with high shipping makes their items show up first without costing them profits.
Second, eBay charges a listing fee based on a seller’s asking price (shipping does not affect it). By asking 1 cent for the item, they only pay 20 cents to list the item. Sellers also save a ton of money on eBay’s final value fees, which are a percentage of the final price (shipping not included).
you look like Jim off the office
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lol man for a young guy this kid is great the video was better than most as far as being to the point and not to sarcastic good job
dude thanks for ur advises. Don listen to all assholes that are trying to pull u down cuz ur a teenager n u have succes unlike them
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I do this using CL, and started my own site called meThrift dottt comm where I buy and sell used stuff. If you would like to sell your items on methrift just sign up as a vendor.
AND you’re LYING !
HEY ! You’re the Ebay CEO’s NEPHEW !
That’s a CONFLICT OF INTEREST !
@BLESSEDOWNAGE does not look like one lol
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@ExecutiveTeenager lol true, and thanks for the instructional videos man, they’re really helpful.
Smart as hell dude :]
i sold my xbox360 for £260.99p and buyed xbox360 slim :DD
plz help
where can i find a dropshipper?
is that a clip on tie?