Articles about making money online are a dime a dozen. Most will claim that you can make a thousand dollars a day by doing nothing, most charge you before you see what they have to say… most are scams.
This is not, using this method you will probably never make a million dollars, but, it requires very little work and you will make a reasonable amount of cash. You wont have to run your own website, you won’t have to work for hours to get a single affiliate sale, you won’t even have to touch a product or listen to a single unhappy customer. Oh, and I’m giving you this information for free!
I discovered this method two years ago when I was buying a laptop. The laptop I was looking for was available on Amazon for $700, yet on eBay people were bidding up to $850 for it. I seized the opportunity and listed the product twenty times, I made over a thousand dollars in that one night!
I’m not going to lie to you, not every day is that profitable, but working just 2 hours a day I managed to achieve power seller status in two months without touching a single parcel. All the delivery is handled by Amazon, as are the returns, and because of amazons awesome service you will receive ZERO complaints leaving your time free to do whatever the hell you want!
So, what exactly will I have to do??
Simple, have a quick look through eBay. Find the products that are getting the most bids. If a product is getting a lot of bids that means that availability is scarce. New books, games and music are often great as they are released at different times around the world. Note the names of a few things that look promising.
Now, head over to Amazon and find those products, if any of them are at a reduced price then post them on eBay. You will have unlimited supply of a product in high demand and you’ll be able to price every other eBayer out of the market. You will dominate the sales of that product on eBay.
How can Amazon offer such great prices?
If you know anything about business you will be aware that to buy products at the best price you need to buy in huge bulk. A single eBayer (even titanium powersellers like me) rarely sell more than a couple of hundred units of a product. Amazon in contrast can shift hundreds of thousands of units, guaranteeing them the best purchase prices. They also make such huge sales that their profit per unit sold (i.e. mark-up) can be relatively low. These factors combine to allow Amazon undercut even the best eBayers.
How many products should I list at a time?
Post as many as you feel you’ll be able to deal with, remember that if you make a thousand sales in a day then you will have to fill in Amazons order form one thousand times or get 1,000 negative feedback.
Why are you telling me?
Two main reasons, firstly due to time constraints (and a new job) I no longer use this method myself .More importantly however is the fact that we are in the midst of a global economic downturn, every day thousands of people are made unemployed and this method really could help those people. It is entirely plausible to use eBay as your entire income. I’m no genius, If I could do it, so can you!
What does this lead onto?
Good question! Using this method I became a titanium powerseller on eBay, this gave me opportunities to meet some incredible people who have helped me set up my own advertising agency http://adzey.com/ I cannot guarantee that you will have the same success that I did, but if you put in the time and effort then it would seem highly likely.
Jacob Murphy is the CEO, Founder and resident blogger at Adzey.com. He’s a retired eBay power seller and is credited with discovering several tricks which are now being used by millions of eBayers worldwide. Right now he’s studying commerce in Cork (ROI) leaving the day to day running of the company to his various minions. Article Source:http://www.articlesbase.com/entrepreneurship-articles/how-to-turn-amazon-into-your-private-cash-machine-1565792.html
