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-   -   How in the world are these guys selling so cheap?? (https://www.aspkin.com/forums/ebay-discussion/42075-how-world-these-guys-selling-so-cheap.html)

KingRay 01-24-2012 11:36 PM

How in the world are these guys selling so cheap??
 
I will try to post a link in the morning but I keep seeing auctions for .99 with free shipping from Hong Kong. (it says shipped from hong kong allow up to 8 weeks for delivery) either way its cheaper than any shipping for just in the states.

How can they do this?

Its for small promotional key-chain flashlights I was thinking about getting to add to packages. Just dont see how its done. So even if they get a rate as cheap as .99 which I dont see. they are getting Nothing for the product? All their stuff is like this so its not just a "get you on the hook" type sale.


I cant ship anything like that for less than around $1.70 ish or what ever it costs now. Plus you have to add what you paid for the product and the markup on it.

nobody999 01-24-2012 11:40 PM

the sellers are willing to lose a little bit of money to build feedbacks

Sandy D 01-24-2012 11:59 PM

This get so annoying. I see these Hong Kong sellers having duplicate listings ending every 30 minutes and they never get them taken down.

I list something 3 days apart and get the duplicate listing removal.

the rules are different for these sellers. I just looked at one sellers I follow and they have 4300 items listed auction style. In the first page I see constant repeats of the same duplicate items.

I cannot see them losing money to gain feedback. This seller already has 20k in feedback and does the same as the op states. Many 0.99 items with free shipping.

KingRay 01-25-2012 12:10 AM

Yeah, They have all their auctions like that so I dont see it being used for feedback.

Even if they were its not work a couple bucks for each feedback received. Thats what it would cost for product, a little markup and the cost of shipping. would be triple wha they are chargin g.

doughboykilla 01-31-2012 12:32 AM

yeah it always puzzled me how they make money on these items i bought items for 50cents free shipping from hk before. i dont know how much 50cents is worth in hk money maybe a little more.

unkown5454 01-31-2012 01:29 AM

You all are looking at this totally wrong anyways.

newjerseymax 01-31-2012 01:35 AM

Auction style listings can be duplicate and wont be taken down. Only BIN cannot be the same.

I see it as legit way of buying feedback, emails or who knows what other marketing scheme is behind it.

jbluntz 01-31-2012 01:41 AM

It all comes down to basic math really, example:

1,000 items for feedback @ $1.00 loss ea.

100 items for profit @ $100 profit ea.

that's $10,000 profit minus $1,000 loss for a total profit of $9,000.

again that's just an example.

mercurial333 01-31-2012 04:05 AM

I think they are trying to keep DSR's up, while making money on other more expensive items.

GrannyT 01-31-2012 05:25 AM

In the UK you can get substantial discounts on postage. Thus an item that would cost 55p to post can be reduced to as low as 35p.

This is a numbers game pure and simple. If you post out 2000+ packages a day spread over several account names and you make 10p per unit that's £200 per day

£73,000 per year PROFIT

I have used this system but it needs someone constantly packaging and eventually I moved on to a different way of working but you can certainly earn £50K a year if you set this up properly. Think outside the box and you will see how it works

GrannyT 01-31-2012 05:26 AM

It's that well hackneyed anology - "the profit is made in the buying"

rsot 01-31-2012 05:33 AM

Yes - they take a bit of loss in order to move the bigger profit items.

GrannyT 01-31-2012 05:36 AM

No rsot - no one 'takes a loss' - that is a total fallacy - in this day and age everything has to make a profit unless you are a huge multi national conglomerate with multiple income streams

Thankful 01-31-2012 06:33 AM

Quote:

Originally Posted by GrannyT (Post 307467)
In the UK you can get substantial discounts on postage. Thus an item that would cost 55p to post can be reduced to as low as 35p.

This is a numbers game pure and simple. If you post out 2000+ packages a day spread over several account names and you make 10p per unit that's £200 per day

£73,000 per year PROFIT

I have used this system but it needs someone constantly packaging and eventually I moved on to a different way of working but you can certainly earn £50K a year if you set this up properly. Think outside the box and you will see how it works

Hey Grannyt how can you get a substantial discount on postage in UK? i'm guessing it's not from Royal Mail is it lol?

vany 01-31-2012 06:44 AM

I do agree with GT on that, no one takes a loss nowadays. It has to have some profitable aspect that you can't see, think outside the picture and look at the bigger picture and again, it's all about math guys as jblunts said. If you have thousands of listings gaining 50p for each, you end up having huge profit and paying less for shipping. It is a competitive market out there. plan ahead, research and calculate and you would end up doing good

GrannyT 01-31-2012 07:00 AM

Quote:

Originally Posted by tanxful (Post 307479)
Hey Grannyt how can you get a substantial discount on postage in UK? i'm guessing it's not from Royal Mail is it lol?

Yes it is - but you need to be doing volumes - research my friend, research!!

MERMAID 01-31-2012 11:19 AM

Quote:

Originally Posted by GrannyT (Post 307467)
In the UK you can get substantial discounts on postage. Thus an item that would cost 55p to post can be reduced to as low as 35p.

This is a numbers game pure and simple. If you post out 2000+ packages a day spread over several account names and you make 10p per unit that's £200 per day

£73,000 per year PROFIT

I have used this system but it needs someone constantly packaging and eventually I moved on to a different way of working but you can certainly earn £50K a year if you set this up properly. Think outside the box and you will see how it works

GrannyT you are VERY good in math :shocked: Question what happens when customers says did not receiving product they bought ? they use normally hong kong post customers does not have to sign anything.

nebuspp 01-31-2012 11:38 AM

I bought a wireless mouse for 99 cents and a webcam for $1.99 from Hong Kong on eBay before. I was completely baffled as to how it was possible.

The only conclusion I could come up with was they shipped boatloads of these items to USA somehow for dirt cheap and was able to make some profit. I'm sure the items costed pennies to make as the quality was low.

GrannyT 01-31-2012 12:33 PM

Quote:

Originally Posted by MERMAID (Post 307529)
GrannyT you are VERY good in math :shocked: Question what happens when customers says did not receiving product they bought ? they use normally hong kong post customers does not have to sign anything.

You send it again

One way to make money on Ebay is to buy small quantities from these people and sell them on stating that they are in your country. Buy every day if need be - just use a different account from the one you are selling on

I know one person who makes £25000 a year from cheap cosmetics - not much but a living

zzzz 01-31-2012 01:01 PM

Quote:

Originally Posted by GrannyT (Post 307550)
You send it again

One way to make money on Ebay is to buy small quantities from these people and sell them on stating that they are in your country. Buy every day if need be - just use a different account from the one you are selling on

I know one person who makes £25000 a year from cheap cosmetics - not much but a living

£25000 a year is nice I don't even break 10000 and how can they afford to get products at such cheap margin but keep the moq low:)

GrannyT 01-31-2012 01:05 PM

Research zzzz - as always. It's called being in business

MERMAID 01-31-2012 01:17 PM

easy to make that money if you sell foo foo dVd on am a z a m


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