Sunday, December 07, 2008
Source your Product From eBay and Sell Elsewhere
I'm not usually a selling tips guy, but with the new Daily Deals program at eBay, this is a great opportunity to source some product at unbelievable prices and sell it elsewhere. Not quite sure that was the intent of the program, but oh well.
Case in point.
Buy.com currently has a deal for the Philips 7 Inch Metal Digital Picture Frame, that began at 8:00 this morning (PST). The listing has 2013 available for $39.99 with Free Shipping. The retail price is $179.99 and Amazon is selling it for $99.99. There are currently only 3 merchants including Amazon selling this item. One merchant is selling it as refurbished for $100 and the other is selling it New for $90.88 (My apologies to that seller for mentioning this here on the blog)
So far Buy has sold nearly 400 of these in an a little under 2 hours. Maybe you would like it as a present for somebody for Christmas and maybe you would like to make $50 on the deal. Just buy it early and pay quick because eBay hasn't figure out how to not oversell the product.
Just an idea from MyBlogUtopia.
One more thing: I will observe what happens to this listing and where the product ends up selling and for what price. If I can gather the data, I'll post what happened here on the blog.
Update: Better hurry, 900 more were sold in the last 2 hours as of 11:37 PST only about 1000 left.
Final Update: Buy's Daily Deal sold out in 6 hours, 53 minutes and 33 seconds. 2300 items at $39.99 each. Now we just have to wait and see how many end up listed on Amazon. Hopefully Buy will get them shipped out real soon. 126 buyers bought 3 or more of this one item.
Check back tomorrow at 8:00 AM PST to see what the next Daily Deal is. I wonder if it will be another Buy.com item or if they will spread it around.
Okay, this is the final update (for now): There was no daily deal this morning. I'm trying to figure out why. If you are going to call it a "Daily" deal, wouldn't you think there would be one ... each day?
Those responsible for the last final update have been sacked -- This is your Final Update: The new Daily deal is up, but its not as good a deal. It selling for $34.99 with a $119.99 retail price and there are 900 left but it is selling for $44.79 on Amazon with 34 different sellers in the Toys category (which is closed to new sellers). The one on Amazon is a 3P sellers using FBA.
Just my 15%