1) I purchased these Brooks Brothers pants on eBay on November 26. Click here to see the actual listing. I found these on a misspelling search. Fatal errors include misspelled brand name in the title ,the word NEW not used in the title, poor photograph, returns not allowed. Here is the listing:
Womans pants Brook Brothers size 8 NWT!!
2) Received the pants in the mail, created my own listing with a better photo, better keywords in the title, 30 day return policy, more measurements. Did my research and determined the selling price for these pants is $49. Put the item on a 7 day fixed price listing for $49 with Best Offer. Here is my listing:
NEW NWT $118 Brooks Brothers wool dress pants black 8
3) Offer received on Dec 12 for $45. Accepted the offer.
4) Bottom line:
Profit = $26.11
Days to flip = 16
Time investment = 30 minutes
By using this arbitrage technique, I can make $50 - $100 an hour without even leaving home. Imagine doing this several times a week, getting a steady stream of inventory coming to you, and making this kind of money with such a small time investment. With some practice, you will learn what items and brand names to look for on a regular basis. Click here for more information on how to do eBay arbitrage, also known as flipping listings.
Happy Selling!
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