Monday, October 3, 2016

Sold out. Words of joy for some and words of tears for others. I myself have been through the emotional rollercoaster these past few months, both as a reseller and as a consumer. I personally wanted a pair of yeezy boost 360’s...sold out in less than 5 minutes. No yeezy’s for me. I really wanted the Tom Ford Boy’s and Lips Collection Drake lipstick that was selling during Christmas which also sold out very quickly but this time I was able to get 2!! And just like that my online arbitrage endeavors were reawakened from a long break. The lipstick was sold for $35 as it was a mini size. However, Tom Ford sold out, which created an underground market on eBay, Amazon and such. I was able to resell one for $215 pre-christmas and one for $100 after Christmas. I was very happy for that turnaround. I was also able to buy one on eBay after the holiday for $50 since the seller ended the listing in the wee hours of the morning and quickly resold on eBay again for $105, I really contemplated keeping this one but money calls. I ended up buying a cheaper similar color for around $5. After that ended I was able to find more items that were quickly selling out to replace Drake. It’s not only shoes and makeup that are selling out. Recently Jones Soda released a limited amount of “galaxy” soda which as you can guess quickly sold out. It sold for $3 but was selling on Amazon for $90. Hostess also released Keylime Twinkies, I saw them selling for $60 on eBay for 10 twinkies.

         Generally speaking I’ve learned that it is a good idea to buy “limited release” items and items created/sold by celebrities. Highly sought after items will be searched for on eBay once the actual seller sells out therefore inadvertently bringing more traffic to your eBay store/listings in turn creating more sales. The amount of eBay sellers that have these items listed are usually less than 100 since these items are hard to get, most don’t want to give them up. More importantly the original maker will put a limit on the amount sold to an individual thereby decreasing the likelihood that they would be resold and if so amounts are kept low.

         Inclosure highly sought after items with limited stock equal high search rate on third party sites and if you can get those in your eBay store they equal higher traffic, equal higher cassini results which equal more sales which equal more money in your pockets. The idea is that these items will bring more overall traffic to your eBay store not just to those specific listings. There are no guarantees but I personally have noticed that traffic and sales increase when I am able to get some sold out items. It’s online arbitrage at its finest! Happy Q4 everyone!