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Is reselling items on Amazon, Offerup and Ebay a profitable enterprise in 2019? by edb

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· @edb · (edited)
Is reselling items on Amazon, Offerup and Ebay a profitable enterprise in 2019?
<a href="https://musing.io/q/anarchy999/is-reselling-items-on-amazon-offerup-and-ebay-a-profitable-enterprise-in-2019">View this answer on Musing.io</a><br />
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json_metadata"{"app":"musing/1.1","appTags":["sales","life"],"appCategory":"sales","appTitle":"Is reselling items on Amazon, Offerup and Ebay a profitable enterprise in 2019?","appBody":"<p>A good forum where reselling opportunities in North America are discussed is &nbsp;<a href=\"https://www.reddit.com/r/Flipping/\">https://www.reddit.com/r/Flipping/</a>&nbsp;</p>\n<p>There may be a lot of competition, but few people reach basic competence in all relevant aspects:</p>\n<p>- Estimating value and demand</p>\n<p>- Selling on the most suitable marketplace</p>\n<p>- Pricing</p>\n<p>- Writing a detailed and attractive description</p>\n<p>- Taking decent pictures</p>\n<p>I agree that you need to specialize in a certain area in order to recognize good deals. I'm not sure about selling on niche markets. It depends. Prices might be higher, but that won't help you if there are a hundred times more buyers on a general e-commerce site.</p>\n<p>My experience is in selling used electronics and other stuff from myself and a friend. Best sale: two computer/TV monitors that were still wider than many new models, but with a slower refresh rate. Both gone within a week for a good price. The online marketplace's algorithm underestimated the value, so I was able to advertise them for cheap.</p>\n<p>Most difficult sale: an Italian motorcycle helmet, never used. It didn't fit the first two guys who tried. Clothing sizes in general are annoying.</p>\n<p>I have some used books to sell, but I might just give them away. It's not worth the effort, and you need to wait ages until someone's interested in that specific book. I think most people who sell second-hand books are book lovers who do it as a hobby while barely making a profit.</p>","appDepth":2,"appParentPermlink":"f3epyj8tp","appParentAuthor":"anarchy999","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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