Resell
 

Hey guys I would think a great idea would be to buy something (I just can't find the product) and then resell it to someone else. Kindof being the middle man meaning high cash flow on my cards. Product comes in and goes out fast, I wouldn't even care to make a profit, just not have a loss. Does anyone have any suggestion on what this product could be? Buy locally and who to sell to or buy online and resell online?

if it was that easy...everyone would do it

+1
Welcome to FT, but many people have had the same idea.

high end wine

Why should I accept the delay, inconvenience, and uncertainty of going through a "middleman" who takes the credit card miles or points if I don't get a discount? Especially for a product where I also lose warranty coverage by not buying direct from the manufacturer or an authorized distributor? You're basically asking me not only to give you some miles or points but also to pay for the privilege of doing so while inconveniencing myself. I don't think so!

One of the areas its possible is sports and entertainment tickets. Just make sure you know what you're doing or you can run up big losses quick. But I have season tickets for a lot of the Los Angeles teams. The Lakers, for instance, are about to start the playoffs. If I wanted it'd be very easy to resell our tickets at well above face value and clear the StubHub fees. So your challenge would be getting the tickets at face value (i.e., managing to get them the day they go on sale). If you tried such an approach I'd caution you to stick to the big events (e.g., buying playoff tickets, marquee match ups (think Yankees vs. Boston), etc.

Sounds like a lot of work to volunteer to be a salesperson for the company for what amounts to maybe a 2% cut of the profits. But to each his own.

my wife used to do this, look for products at nordstrom rack, purchase them and resell them on ebay, she was looking at the profit sometimes 20-30%, I was looking at the spend she could meet. the key to this plan is you have to find highly desirable stuff at the rack. she made the most off maturnity jeans by high fashion designers.

It is possible
 

I actually know about such opportunity. PM me if you want more details.

So do I, but I'm going to keep it a secret so too many people don't pile on and kill my golden goose. Could a moderator contact me to arrange how best to release this secret? Maybe I should start a thread.

Gift Cards
 

Many, especially Home Depot sell for about face on eBay. You do take a slight hit for eBay & PayPal fees.

AP with a cartel. The trouble has always been getting the cartel operational and running the operation just right so Fang and the gang dunna shut you down. Else flip discounted giftcards running the spend through a kickback site.

My advice - keep the true tradecraft off the boards.

Sorry, this was a thinly veiled reference to what I thought was a notorious enough incident and associated thread a few weeks (months?) ago. I even tried to mimic the style and choice of adjectives (looks like I misremembered the "golden goose" bit). Evidently it was only funny to me.

Here's the original: http://www.flyertalk.com/forum/miles...e-posting.html

Apologies to all those who thought I was serious, no more PMs please :)

I totally got it. ;) I thought to myself, "wow, that sounds exactly like a rather infamous thread from a few weeks ago!"

I'm a busy eBay seller--primarily "stuff" I find at yard sales, thrift stores, and cast-offs from friends who know what I do--and I resell for a big profit. I've been doing it since the mid 90's and I'm pretty good at it. That's what pays for my travel and trips; I call it the travel fund. Being a mom of an older female teen I'm also very sharp on what brand names are in, where to buy discounts, and how to re-sell.

However, eBay fees have escalated, making it harder to a profit at something you are buying something at cost. Unfortunately, that is what we have to do to earn miles.

I've got something going on and I'll trade with others who do, too. There must be some kind of PM system/clearinghouse where we can exchange this info. I'm willing to send scans of my mileage accts (minus the #, of course) showing my miles and name so you all know I'm bonafide. Something to prove trustworthiness--any ideas?

I buy gold and silver and resell it.

Actually I am trying to replicate the mint with zero cost miles, including no transportation costs, as I did with the coins. So far I'm at $1.38 per 1,000 miles but slowing tuning the game to drive out all cost. Mainly doing it just to prove it can still be done.:cool:

Slight being about 9% for eBay and 2.9% for Paypal....

OP, be careful if you decide to sell gift cards on ebay. You have very little recourse & with the fees you are better off with plastic jungle or another reputable card site.

Reselling clothing can be lucrative but you have to do research. Brand name winter clothing, leather goods, etc can offer good margins in the right season. Check out your local thrift stores for that and for toys. You can often find good deals but you also have to become very familiar with what sells.

+1 and be careful with fake brand name clothing at places like goodwill or other thrift stores. I notice alot of fake Ralph Lauren and Lacoste clothing locally. I've found several deals at thrift stores with items I've sold at a great profit. A few weeks ago I bought a brand new club glove travel golf bag at goodwill for 15 bucks and sold it on Craigslist locally for 200 bucks. My fiancé is into fashion and has also done well finding well known women's clothing that I would have never known about and selling it for 100% profit or more.