Old idea worth starting?

[Baxter 69]

SXi Lad said:

Baxter 69 said:

I am not earning £400.00 a week

It was only a pansy 3 week contract, was pushed into a different department. Earning only £250, does the job though. Pays for the basics :P

Oh right. Still, 1,200 in under a month is pretty good going... Did it cover the insurance?

[SXi Lad]

Baxter 69 said:

SXi Lad said:

Baxter 69 said:

I am not earning £400.00 a week

It was only a pansy 3 week contract, was pushed into a different department. Earning only £250, does the job though. Pays for the basics :P

Oh right. Still, 1,200 in under a month is pretty good going... Did it cover the insurance?

What insurance?
If you mean car insurance......yes. just over £2k a year

[ben10]

Sorry to hijack the thread but as a student looking for ideas myself if you aren't going to take the idea further SXI_lad then i think i had better follow it up myself

KingRichard, do you still need that 500?

[mph1977]

KingRichard said:

Chris_w666 said:

As others have said a 100% profit is damn good.

I bought 800 nail brushes a year ago for 10p each and sold them at £2 each or £15 for 10 via ebay upsetting a lot of regular suppliers in the process.

I also made a nice bit of profit that paid for the majority of a trip to new york

Do people actually buy crap like that on ebay?

My mate used to buy new toys in toys r us and then sell them for a 20% markup to the plonkers on ebay

the gormless and the clueless will buy owt on Ebay , i've seen nearlt worn out items going for the price of new one on Ebay because the clueless didn't know where or how to get stuff new ( hi-vises - especially green topped with epaulettes and badge sliders , military uniform ... )

[Schermerhorn]

Ebay will get you lots of revenue, but not neccecarily big profit margins.

I'll break it down for you.

Listing fee - varies from 5p to 20p. The more you list, the bigger your monthly listing fees are going to be. You can reduce the cost from standard listing (20p) down to 5p but you need to pay £50.00 a month for that - assuming you'll be re-listing your items every month.

Best way around this is list the item once (with a miniumum of 100 let's say) and no end date.


- Once you've sold your item, you'll pay 10% of your product's value to Ebay (£1.00 out of £10.00 etc). You don't pay 10% (or anything) from the Postage and Packaging price though (hence why you see so many Chinese sellers selling their items for 10p with P+P charges for £9.99 for instance)

- Postage materials - evelopes

- Postage fees (first class on your keyrings would be £1.49 I think).

- Paypal fees. 20p + 3.4% of the total amount processed.


- if you're selling little trinkets for less than a fiver, you'll be making around £2 or so (if that) per item sold.

Basically, you won't retire off the back of it or make you a millionaire.

HOWEVER, it will teach you important business lessons and an experience that you just can't buy. Go for it, at worst you'll lose £100.

Edited by Schermerhorn on Saturday 30th October 22:27

[ben10]

Schermerhorn said:

Basically, you won't retire off the back of it or make you a millionaire.

HOWEVER, it will teach you important business lessons and an experience that you just can't buy. Go for it, at worst you'll lose £100.

Just what I was thinking, Thanks for the breakdown. - Much appreciated

I have also found a few more cool things I may be able to sell which there aren't many of on ebay so I shall also try these if I can. - However this is more a case of losing £300 or so. (Guess no one got rich by not trying something new!)



I once bought a lot of 10 ties on ebay for a relatively small sum, I managed to sell each one for more than I paid for the lot in a saturated market. - Maybe I got lucky!