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Making money flipping items through technology

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11–16 of 16 posts

Re: Making money flipping items through technology

#11
post #5

Very interesting conceptually -- ecommerce and p2p commerce create many opportunities for arbitrage. But it begs the question of why you wouldn't just programmatically do the buying and selling yourself.

Sites will ban the account. Plus you have to receive and ship the physical product which cannot be automated.

Re: Making money flipping items through technology

#15
I just bought one of the listings here. It claimed a profit of $14.05 with a Buy price of 22.95 and a Sell price of $37.

Some notes:

- The "Buy" and "Sell" locations were the same website. Immediately raised some concerns (why would the same entity want to screw itself over by buying the same book it's selling for more money?)

- Upon inspection, it's because to be eligible for the Buyback price of $37, the book must not have tears, highlighting, or missing pages.

- The books at the Buy price of $23 or less have all been noted as just "Acceptable" condition with missing pages and highlighting. The books at better conditions are all $50+.

- Wasted $3.

Re: Making money flipping items through technology

#16
post #15

I just bought one of the listings here. It claimed a profit of $14.05 with a Buy price of 22.95 and a Sell price of $37. Some notes: - The "Buy" and "Sell" locations were the same website. Immediately raised some concerns (why would the same entity want to screw itself over by buying the same book it's selling for more money?) - Upon inspection, it's because to be eligible for the Buyback price of $37, the book must…

Hey,

That was a common issue and requires a technological solution. This is why the links are now free for all. You can see all of the links for free and buy where you see the value.

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