How can I increase my spend on the shopping portals?

Discussion in 'Newbies' started by Beachgirl07, Sep 7, 2014.  |  Print Topic

  1. Beachgirl07

    Beachgirl07 Silver Member

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    I want to buy products and sell them from the shopping portals. Can anyone give me some tips on what they do. Amazon is a good way to sell them but they still take their 20% profit. Selling on FBA they still take a profit too. When I compare the sale price from large department stores Amazon still
    has them beat. Any good advise?
     
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  2. MX

    MX Gold Member

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    How about a similar concept, but more fun -- throw lots of change into public fountains!
     
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  3. lapointdm

    lapointdm Silver Member

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    There are people who do this. It's necessary to get items really cheap to make any profit. Usually they wait for a big sale and maybe apply coupons then resell. Kohls seems to be a favorite and sears. It's a lot of work for little to no profit. Most I know who do it just do it to earn points and miles and might even take a loss on the money. It's not impossible just difficult.
     
  4. Jaimito Cartero
    Original Member

    Jaimito Cartero Silver Member

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    You have to really know your market to do good on Amazon. FBA is great if you have your items packaged correctly, and you don't get returns. Depending on the category, size and weight of your items, you'll pay 12-25% in fees. This kills the deal aspect, most of the time. Remember that Amazon will also allow returns for most items for any reason, and anything bought from Nov 1st can be returned months later.

    eBay is a possibility, but has many of the same pitfalls.
     
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  5. satman40

    satman40 Gold Member

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    Be an expert at what you sell I made a lot of money on Ebay, selling items.

    We would drop ship them,and never touch them, and always invited them to call me for help.

    You have to figure your profits, not all sales will turn out positive.

    Most clients are honest, who buy with experience, first times watch out, they are often just name changers.. I had very little problems..

    Excess miles are not all they are cracked up to be, most of them just gets given away.
     
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  6. Jaimito Cartero
    Original Member

    Jaimito Cartero Silver Member

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    I'll gladly get in the excess mile line. I always seem to run out.
     
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  7. satman40

    satman40 Gold Member

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    Plant your garden, and you will have excess miles.

    After a few years, it is like 2nd nature,

    Very few really push the game, to me it is a fun game, I do not really work at it.

    I wish you luck.
     
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  8. tomsam

    tomsam Silver Member

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    Search for frequent milers blogs on his million mile challenge. He provided a lot of details on buying and selling stuff to maximize points.
     
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  9. tomsam

    tomsam Silver Member

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  10. Why don't you search for wholesalers who can provide your products at very low cost.
    You can buy really cheap products from them and sell them on your shopping portals.
    LetsFlyCheaper.
     
  11. daninstl

    daninstl Gold Member

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    Not a bad idea. Alibaba might work for this. Also I haven't found any points portals for Alibaba. Maybe one of the Asian carriers?
     

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