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Here we go:
What I have to share with you today is so exciting I just had to write this report and tell everyone about it. Iíve recently found a way to leverage online postings and leads into instant in-hand cash. This method is so simple anyone can do it starting today. This special report outlines the steps it takes in order to do this and Iíve made it easy to follow so you can start as soon as possible.
The basis behind this report is to help you identify ways you can turn online listings into instant offline cash. I found this method works best when there is a shortage of something in your immediate area. For example, Nintendo Wiis orPlaystation 3ís. Christmas season is upon us and people are searching for these items high and low, and many retailers are running out.
Thatís where I came in.
I search for ways to get my hands on these products that are in high demand cheaply, and flip them online for a huge profit. Not earth shattering I know, but my method is quite different than others.
First of all, you need to find out what is in demand in your area. Like I said before electronics are a good idea. Here are just a few things I can think of off the top of my head, but be sure to check your local Walmart ASAP. Guitar Hero III (coming out soon and will probably sell out for Xbox 360) Playstation 3 Nintendo Wii and Accessories (the worldís top selling next gen console) Sporting Tickets (especially SOLD OUT games)
Once you identify whatís in shortage in your area (usually confirmed by asking the retailer how fast theyíre selling out) you need to get your hands on one of these products at 70-50% of the cost. This may sound hard at first but itís easy to identify where to get what you want at the price you want once youíve done it before. I usually check Craigslist, College Classifieds, Marine Classifieds, pawn shops, and finally eBay. The idea is to find someone who doesnít know the value of what they have (college students), or people who are forced to sell at a loss (Marines, etc.)
After youíve acquired your item at 70% or better the cost, you need to find your hungry buyers in your area. Use Craigslist and wanted ads to find the people that want your item. Make an Excel spreadsheet or Notepad file with your leads in it, you will use this later.
The next thing I do is create an eBay auction. Have you ever heard the theory that no one wants to eat at a restaurant that doesnít have a line? Well I create the line to my restaurant using eBay. I place my item on eBay, usually at about 60% of the retail price just so I can get some bids. I set the auction for 7 days to give me some wiggle room.
Next I contact my leads and tell them I have the item in question locally, explain to them that it is for sale, and show the eBay auction to them. By now you there should be some bids on the auction, so the pressure is on the local buyer. Tell them you will end the auction early and let the item go locally if they have CASH and can pick it up ASAP. If youíve havenít guessed it, this is where you also jack up the price 150-200% of the retail price.
This method has never failed me. Every time there is a shortage of a new product you wait a month or so and use this system to get cash in your hand quickly. The beauty of it as well is that you circumvent eBay final value fee by ending their auctions early. Like I said earlier, keep your eyes out and use this method for the release of new electronics and sporting events and you should have no problem.
I hope you will find this report useful in your endeavors and I wish you luck!