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Auction Flipping and How to Profit on eBay
You can make good money flipping collectibles on eBay
By M.C. Nygard
Former eBay Platinum PowerSeller
I flip out when I watch those T.V. shows where someone buys a low priced house,
then fixes it up for a fast sale at a nice profit. It takes ingenuity and a fearless
pocketbook. In the vast frontier of cyberspace, I've often thought of flipping a Web
site, but alas I haven't mastered the principles Web site optimization, so I'll stick to
what I know best, which is flipping on eBay.
Auction flipping, also sometimes called auction arbitrage, is the art of finding
expensive products that are being auctioned poorly on eBay to win them for almost
nothing. When they're yours you can sell them for much more. There is a science
to buying low and selling high and yet flipping isn't so hard to do when you have
the tools necessary to win auctions at great eBay prices. And it's a lot less risky
than flipping a house.
People are amazed to learn that collectibles I sell on eBay were also bought on
eBay. Simply I buy low and sell high for profit on eBay. You can too.
Here are some tools that the best auction flippers, like myself, use to get the
lowest prices on eBay:
1. Maximize your Cash Back spending power. Getting cash back from your eBay
purchase is essential in auction flipping, but be warned that not all cash back sites
are the same. Our secret cashback method provides residual income opportunities,
and you can pay for your items any way you like, which means you can leverage it
with the cash back power of your credit card or debit card. Some cash back
program require you to use PayPal. Be
After the sale, you can tell the seller how you got cash back on the purchase. Most
sellers will sign up under you and help you grow in residual income. Best of all it's
free, with no commitments whatsoever to join.
2. Use a Typo Tool. Spelling mistakes happen and when they do, you can profit.
We recommend using the fatfingers typo too help you find eBay sellers typos and
spelling mistakes, because as they say, other people's typos save you money. You
see, when a seller has a typo on their listing, as with the name of a famous
designer, fewer people will review the listing. Fewer watchers equates to fewer bids
and better prices.
You see, collectors who buy on eBay search for terms they know, and that includes
the proper spelling of brand names and designers. "Georg Jensen" for example, a
favorite silver smith of collectors, often appears on eBay spelled incorrectly, either
the first name as "George" or the last name as "Jenson." You can buy his wares
using the typo tool and flip it to collectors who will pay you top dollar. You search
for the typos and flip it with a listing using the proper spelling.
3. Try a eBay Sniping. Ever wonder how someone sneaks in and steals your
auction in the last few seconds of an auction? It's called sniping and it's a calculated
move to have the computer bid the highest amount you're willing to spend in the
last few seconds of the bidding war. That way you're not artificially bumping up the
price along the way. The one we recommend, above, has a 99.98 percent success
rate. While it's a very effective tool in learning to flip an auction, but one caveat is
that you can't use your sniping service and also get cash back at eBay, so choose
wisely when you want to snipe.
4. Learn from a Nemesis bidder. Have you been losing bids in a selected niche
because of one bidder in particular? Wouldn't it be nice to know their bidding habits
so you can win next time at just above what they might pay? Well you can! All you
need is our Auction Spy Tool to learn where your nemesis bidder is buying so you
can copycat their success. We've tracked the authors of collectible books or others
who proclaim to be king or queen of the auctions. It's easy and fun to snoop their
buying habits.
The Perfect Auction Flip
Once you've secured your merchandise for the lowest possible price at eBay and
received cash back for your purchase, it's time to gather up your wares and sell
them simultaneously. Make sure you have at least five similar items as shoppers will
want to buy more from you to save money on postage and add to his or her
collection, and you can highlight the other four with eBay's cross sell tool.
Now timing is everything. To set up auctions that run simultaneously, use eBay's
feature to schedule your auction for Sunday night at 6 pm PST -- you can make
auctions end at the same time. Sunday night is the heaviest traffic day and having
an ending time at 6:00 p.m. ensures you'll have the most buyers East to West in
the U.S. and Canada. Of course, if you're selling in Australia, or the United
Kingdom, you'll want to adjust the time accordingly. Rest assured that this is still
the best practice even though eBay changed the algorithms with its "Best Match"
system.
Auction Flipping and How to Profit on eBay
You can make good money flipping collectibles on eBay
By M.C. Nygard
Former eBay Platinum PowerSeller
I flip out when I watch those T.V. shows where someone buys a low priced house,
then fixes it up for a fast sale at a nice profit. It takes ingenuity and a fearless
pocketbook. In the vast frontier of cyberspace, I've often thought of flipping a Web
site, but alas I haven't mastered the principles Web site optimization, so I'll stick to
what I know best, which is flipping on eBay.
Auction flipping, also sometimes called auction arbitrage, is the art of finding
expensive products that are being auctioned poorly on eBay to win them for almost
nothing. When they're yours you can sell them for much more. There is a science
to buying low and selling high and yet flipping isn't so hard to do when you have
the tools necessary to win auctions at great eBay prices. And it's a lot less risky
than flipping a house.
People are amazed to learn that collectibles I sell on eBay were also bought on
eBay. Simply I buy low and sell high for profit on eBay. You can too.
Here are some tools that the best auction flippers, like myself, use to get the
lowest prices on eBay:
1. Maximize your Cash Back spending power. Getting cash back from your eBay
purchase is essential in auction flipping, but be warned that not all cash back sites
are the same. Our secret cashback method provides residual income opportunities,
and you can pay for your items any way you like, which means you can leverage it
with the cash back power of your credit card or debit card. Some cash back
program require you to use PayPal. Be
After the sale, you can tell the seller how you got cash back on the purchase. Most
sellers will sign up under you and help you grow in residual income. Best of all it's
free, with no commitments whatsoever to join.
2. Use a Typo Tool. Spelling mistakes happen and when they do, you can profit.
We recommend using the fatfingers typo too help you find eBay sellers typos and
spelling mistakes, because as they say, other people's typos save you money. You
see, when a seller has a typo on their listing, as with the name of a famous
designer, fewer people will review the listing. Fewer watchers equates to fewer bids
and better prices.
You see, collectors who buy on eBay search for terms they know, and that includes
the proper spelling of brand names and designers. "Georg Jensen" for example, a
favorite silver smith of collectors, often appears on eBay spelled incorrectly, either
the first name as "George" or the last name as "Jenson." You can buy his wares
using the typo tool and flip it to collectors who will pay you top dollar. You search
for the typos and flip it with a listing using the proper spelling.
3. Try a eBay Sniping. Ever wonder how someone sneaks in and steals your
auction in the last few seconds of an auction? It's called sniping and it's a calculated
move to have the computer bid the highest amount you're willing to spend in the
last few seconds of the bidding war. That way you're not artificially bumping up the
price along the way. The one we recommend, above, has a 99.98 percent success
rate. While it's a very effective tool in learning to flip an auction, but one caveat is
that you can't use your sniping service and also get cash back at eBay, so choose
wisely when you want to snipe.
4. Learn from a Nemesis bidder. Have you been losing bids in a selected niche
because of one bidder in particular? Wouldn't it be nice to know their bidding habits
so you can win next time at just above what they might pay? Well you can! All you
need is our Auction Spy Tool to learn where your nemesis bidder is buying so you
can copycat their success. We've tracked the authors of collectible books or others
who proclaim to be king or queen of the auctions. It's easy and fun to snoop their
buying habits.
The Perfect Auction Flip
Once you've secured your merchandise for the lowest possible price at eBay and
received cash back for your purchase, it's time to gather up your wares and sell
them simultaneously. Make sure you have at least five similar items as shoppers will
want to buy more from you to save money on postage and add to his or her
collection, and you can highlight the other four with eBay's cross sell tool.
Now timing is everything. To set up auctions that run simultaneously, use eBay's
feature to schedule your auction for Sunday night at 6 pm PST -- you can make
auctions end at the same time. Sunday night is the heaviest traffic day and having
an ending time at 6:00 p.m. ensures you'll have the most buyers East to West in
the U.S. and Canada. Of course, if you're selling in Australia, or the United
Kingdom, you'll want to adjust the time accordingly. Rest assured that this is still
the best practice even though eBay changed the algorithms with its "Best Match"
system.
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M.C. Nygard, right,
wants you to earn cash
back at eBay, and
make money referring
others to shop eBay.
You can profit on eBay.
Ideas to Profit on
eBay and beyond:
Get paid to slap on a
bumper sticker
wants you to earn cash
back at eBay, and
make money referring
others to shop eBay.
You can profit on eBay.
Ideas to Profit on
eBay and beyond:
Get paid to slap on a
bumper sticker
