I found these somewhere and look interesting to share
with you guys!
with you guys!
Now the technique Iâ€™m going to share with you here is immensely powerful, and the best thing about it is that you can use it through eBay at no cost to yourself. I have personally used this method to make an absolute killing and to sell all the latest electronics products that are hot in the market place such as Nintendo Wiis, Apple iPhones, PS3s, etc.
In a nut shell the legal hijack system works by you finding an existing bulk supplier of a particular product on eBay, and using them as leverage while you sell back into the market place. Itâ€™s best to explain this system using a live example so you find it easier to understand.
Now letâ€™s say I want to sell the iPhone on eBay as I know itâ€™s a hot seller but canâ€™t find a good supplier or just canâ€™t be bothered. What do I do? I crank the legal hijack system into action.
There is some criteria to this method which needs to be fulfilled in order for it to work effectively. The first thing I should mention here is that with an eBay account you automatically have access to sell on any of the eBayâ€™s worldwide.
I have an ebay.com account as I live in the States, however, I can sell in ebay.co.uk which is mainly for the UK eBay market, and I can sell in ebay.com.au which is for Australia, ebay.com.fr which is for France etc.
Did you know that some items that sell on ebay.com may go for a lot cheaper than they do on ebay.co.uk or any of the other countries eBay market places and vice versa. Letâ€™s see a very quick live example of this right now:
Using the advanced search feature on ebay.com for the 8GB Apple iPhone, the average selling price at the moment is around $400 which is around Â£266 British pounds. Now looking at the UK eBay market place for the same phone I see that the are currently selling on eBay UK for around Â£400. So if we were to buy from USA and Sell in UK eBay we would make around a $200 profit from each phone! Not bad huh?
Now there is a whole system around what Iâ€™m showing you here called eBay arbitrage where you search around for products within the different eBayâ€™s in different countries and buy and sell from one to another. So if I find a product selling for cheaper on ebay.com than ebay.co.uk like the example above, then I will buy from ebay.com and resell on ebay.co.uk.
The legal hijack method is a system that builds upon this eBay arbitrage method. So how this works is that you firstly finding a hot selling product that you wish to sell such as the Apple iPhone and then find a bulk supplier of it from eBay itself. Lets stick with the iPhone example for now as we have already seen its selling for a lot cheaper on ebay.com than in UK. So my next step is to find a bulk supplier of the phone on ebay.com. The way to do this is by going to ebay.com and then using the standard advanced search on the keywords 8gb apple iPhone, and where it says â€˜sort byâ€™ on the right hand side you want to select the option that says â€˜price: highest firstâ€™:
This will return results for the highest selling I phones that have recently sold on ebay.com, and these are usually wholesale job lots from sellers that include 10 or more mobiles in a package. As you are buying in bulk the cost of each phone is also lower.
Now this is where we implement the legal hijack method. The process here is to contact the sellers who are selling these wholesale lots of mobile phones as they obviously can get them in big numbers and have their own suppliers.
Alternatively, you can also use Amazon.com to search for products that might have the potential for arbitrage.
If you're cookie stuffing auctions. This will also provide you with all the items you will ever need to sell to get those cookies stuffed. It's also a great way to make money on the front end of eBay which is becoming quite elusive these days.
Places to find the hottest items on eBay: