Last edited by atomicfront; January 25th, 2015 at 06:31.
It isn't too difficult to make a profit but when you want to make a worthwhile profit, that is when things become increasingly difficult. Saying that, I do find it much easier to sell on eBay due to the larger user base than on specialist forums.
Imo you'd probably need to buy and sell in quantity in order to make a reasonable profit (i.e. batches of 5 or 10 units in a single transaction). This might be especially true if you're new to sales (skilled salespeople make it all look easy when, in reality, it's anything but). And you'd, of course, need to buy low, sell high (which isn't likely to happen on eB*y). Otherwise, the fees paid and time invested per single unit sale would eat you alive. This is not to mention the non-paying deadbeats and the time killing "window shopper" questions you might have to deal with. As others have mentioned; you'd probably have a better chance of doing OK if you bought on eB*y and sold elsewhere (i.e. a Cr*ig's List or even a flea market kind of setting.
Rolex Datejust, Bell & Ross BR01-96, Hamilton Jazzmaster, Steinhart Ocean One, Seiko 5
There was another fellow recently opened a similar thread, he was thinking it would be a great idea to buy cheap priced watches mostly from forum sales and put them on eBay...or back on the forum sales. Which of course, is a silly idea.
If you are so desperate to go to school, either getna better job or a 2nd job if you could afford the time. Eventually you could also save for few years and THEN only go to school. All those are easier alternatives to the headache and potential grief of trying to sell on eBay, especially watches.
Generally speaking, buying and then selling same item unchanged in the same venue is a poor way of doing business as it basically relies on chance (unless you want to hold on to the thing for long periods of time to make use of long-term price changes).
What you need to do is to add value. How does that happen? If you want to sell watches, the easiest way to go about it is to buy broken watches to fix and resell at a profit. The watch that leaves your hand is actually more valuable than the one you bought because of the application of effort and you can sell it at a higher price without feeling dirty.
Lots of Ebay sellers have this modus operandi as well. Especially sellers outside the US. Sometimes you better watch out for them as well, some foreign sellers buy broken watches and fix them with aftermarket parts to save money and do not disclose the fact or hide it in the small print (looking at you Korean Ebay sellers)
That sums it up very nicely.Paypal + EBay = NoWay
"Either he's dead or my watch has stopped"
"The only reason for time is so that everything does not happen at once..."
Talking from experience here. Ebay is a f****** nightmare.
I briefly gave this a go. The shafting you get in fees knocks the guts out of you and to add insult to injury you`re dealing with an unknown idiot element. I basically broke even right up until two days ago. Sold a gold watch as a `Repair/needing attention` watch. My advert couldn`t have more clear. The watch was bought by some filthy dog with scabby feedback that took it to a pawn shop to `make himself some cash` He then responded in broken English with " I take wach to gold shop an thay say is no all gold . onli case. I send bak!"
That`s the kinda ..... you have to deal with plus the amount of scams/fakes/duff adverts to contend with. That or the "It`s losing 15 seconds a day" brigade. No one will convince you other than yourself but that`s my tuppence worth. There`s too many people in this game and unless you have the capital to buy big, ie; speculate to accumulate then it`s a hard road because contrary to what`said on here not a lot of people can afford top end Swiss watches. You`ll find that `non watch` people will funnily enough overspend on the likes of Tag or Rotary as they`re perceived to be `quality brands` and your market is limited for say a Vacheron Constantin. I`ve seen for example near new Longines Hydroconquests not selling and bust up quartz Tags go for hundreds more but that`s a status symbol to some and it`s hard to follow. In an ideal world we`d all buy cheap and sell high. Not usually the case.
Last edited by bigkeeko; January 25th, 2015 at 23:06.
Omega Planet Ocean 2500C
Christopher Ward C60 Trident
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