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Wednesday, 29 February 2012
Using a "Buy Back" Website to acquire stock
This guy was clever:
Here's how I get most of my inventory:
It's not book sales
It's not thrift stores
It's not department stores using an Android
It's not orders via wholesale
I get my inventory delivered to me directly from people's homes.
Sound too good to be true?
I own and operate a buyback site called BuybackMedia.com. Basically, I buy DVDs, CDs, and Games from people all over the US. Once they send them to me, I pay them, and then send the product to Amazon FBA.
The price offered is based on a percentage of Amazon's price. So, I'm guaranteed to make money on every transaction.
The only kicker is advertising. It normally costs money to get eyeballs to the site. I also pay an 18% licensing fee per item "bought back" to the software company behind my website.
Interested in getting your own buyback site?
You have a couple options:
1) Go to elance.com and hire a designer/programmer to make a website.
2) Make me an offer for Buyback Media. I'm considering selling the website. Obviously, I will be asking for a premium price since this is my primary source of inventory.
From my POV I think my area of speciality (Non Fiction books) might be too specific. Who knows? It may well be worth getting some quotes on Elance.
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