eBay Mistakes and Other Things Not to Do

This is Part 4 in the series Powerseller Mistakes: Used DVDs is a Red Herring

• Part 1
• Part 2
• Part 3

In a continuation of the sourcing topic for Powerseller Mistakes: Used DVDs is a Red Herring, I wanted to point out a few extra tidbits worth noting and is BY FAR the most important aspect of sourcing. This would be applicable, not only for selling DVDs, CDs, NES games, and so on, but for anything you’re attempting to buy “wholesale” for selling on eBay.  Do not get into a bidding war. Never. Ever.

Time after time, I would watch DVD lots in “My eBay” and in the heat of the moment, I would break my self imposed rule of not buying a DVD lot for more than $2.50 per movie. (Most  buyers who are looking to procure DVD lots –which are almost always eBay Powersellers — will not spend more than $3 per disc.) I’d use eBay snipping tools to try and land my lot at a price that kept my profits high but most of the time, I would end up using the tried and true method of real time bidding. The horror.  Most of the lots I won (and they were massive 700 movie lots) were purchased with each DVD being $3.25 or so. I thought I could make this up through my shipping but I didn’t even come close. I learned an important aspect of buying merchandise online to sell on eBay. It’s not what you BUY that’s most important, it’s what you DON’T buy. Too bad I didn’t know that going in.

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