This is the web page that I visited
by myself every day. Why? Because I need to check this Amazon
Deal of the Day
on the left column every day! (If it does not show up, please
click Here)
Normally the deal is pretty good. It only lasts for one
day. Deal of the day changes the on sale item at 12:00am
Midnight Pacific time. When the deal is good and the
item is hot, it will be sold out sooner and only last for a few
hours instead of one day. When the deal is really good, I would
buy it and resell it on eBay
or Amazon later to make a profit.
How do I know whether it is “really a good deal”? By checking
the complete listings in eBay! No matter you are an eBay buyer
or seller, you will be benefit from checking the complete listing
anyway.
As a buyer, by checking the complete listing, you can tell what
the average price for the similar item you want to buy is. This
way, you will have an idea on how much you are going to spend,
what the maximum bid should be placed. When you check price, make
sure you add the shipping price. You can click the “customize
view” and check “Show shipping cost”.
As a seller, by checking the complete listing, you will have an idea
on how much the item can be sold. Base on this information, calculate
your profit. Use the calculator to determine how much eBay and paypal
would charge you. If you sell on Amazon, use the Amazon Calculator to
find out the cost. Don’t forget to check the shipping cost by visiting
the USPS.com or Fedex.Com. I found that for light weight stuffs, US
postal service is cheaper. For heavy stuffs, FedEx Ground is cheaper.
As a seller, you not only need to check how much the item can be sold,
you also need to pay attention to how hot the item is. If 90% of complete
item is green (means sold), then you can tell this item is quite hot
and easier to be sold. Thus you can tag the price a little bit higher
than the average price. If there is a lot of unsold items, it is a sign
that supply is greater than demand.
By the way, I highly recommend eBay sellers to create second or even
more eBay accounts. Why? Do you know that each eBay account can be waived
the insertion fee for 5 listings every 30 days? That is 5 FREE
listings every month. I have 8 eBay accounts and I took advantage of
this promotion. So far, eBay still allow multiple accounts. What I do
is create a new eBay account and use it for purchasing at first. After
I got some positive feedbacks, I started to use it to sell something.
It is FREE anyway, so go
today! The Amazon Deal of the day can be something that sold on eBay.
Another benifet to have multiple eBay accounts is to get eBay coupon.
eBay constantly pick up some accounts and give away eBay coupons. It
only work if you use that account to buy on eBay. Not all accounts will
get the coupon. With multiple accounts, you have more chance to get
coupon. If you get a good coupon, you can buy from eBay (use the coupon
to save more) and then resell on eBay to make a profit. So again, go