Play Games and Make $100 Per Day?
Fist off I know this post is long. I just wanted to make sure I explained every step in detail.
I wanted to make this post to share with you a method that I've been using for a few months to bring in some decent cash.
A few months ago a new video game came out that I wanted. I did what most people do and headed down GameSpot with some old games in hand that I no longer played with the intention to trade them in. I thought I would be able to get enough out of them to get the new game for free...
I gave the guy behind the counter the games and he told me he could give me a total of $20 bucks... I was shocked!
The games weren't that old, in fact one of them was just under 3 months old.
Well needless to say I didn't take the deal.
After I got home I decided I would just sell the games. But the problem was I didn't want to use eBay because they blast you with so many fee's it's tough to make it worth my while. I thought about using craigslist but didn't really feel like getting 100 phone calls from kids trying to negotiate me down....
Then I remember hearing a few months back that you could list physical items on amazon.com without having to pay any listing fees. In fact you wouldn't pay until you sold something. I thought wow this is perfect. If it doesn't sell no big deal I wouldn't be out any money.
I put all of my games on there that I no longer played. It took literally 20 minutes. I ended up getting busy and didn't check it for a few days.
When I finally got around to checking it I discovered that I had sold every game! Instead of trading the games in for $20 bucks I was able to bank $100 after all the fees were paid!
Not a great deal of money but I was happy because it was a heck of lot more money than $20.
Then it hit me.... There was a huge business opportunity right under my nose....
It had been around for years. In fact over 50% of gamespot income comes from used games!
So what is this all about?
If you haven't guessed by now it is buying and selling used video games.
The game industry is Billion Dollar Business.
How much money do you think you can make off of this? Let me give you some very doable and very easy to reach number...
Most games I sell I profit $10 each from. So..
If you sell 10 games per day then you make $100 per day every day. I don't know about you but for most people that is enough to quit there day job.
More math...
20 games - $200 per day
40 games - $400 per day
60 games - $600 per day...
I think you get the picture. This can get huge really fast...
And the best part of all of this is you don't have to worry about PPC, SEO, Website Design or anything else, you simply leverage the massive amount of traffic that Amazon.com already gets.
By the way don't write this method off because you think it will be too much work. I'm going to explain it step by step and trust me it is very little work for the return you will get.
Here is the full method step by step:
Step 1 - Get some money
The first thing you need to do is set about $50 bucks to the side. You are going to use this money to make your first few used games purchases.
Step 2 - Research
Yeah I know research does kind of sucks but I have a super easy way to do this. This part is essential to your success because if you don't know what a used game is worth then you won't make any money. Here is exactly what I do. Go to gamespot.com click the link for either xbox360 or PS3. Scroll down to the bottom of the page and click where it says available now, copy those names on a notepad, then click highest rated and copy them, and finally click most played and copy those to notepad. What this does is allow you to find the games that are HOT right now.
These games will sell super fast so you won't have to worry about sitting on them for months!
Now take that list and head to amazon.com. Search for each of those games and look where it says used from: This will tell you how much the market thinks that game is worth right now. Copy those numbers into a spreadsheet. You now have a list of games that are hot right now and you know exactly how much per game you can offer.
Step 3 - Start the machine
Now it's time to start buying some hot used games. I use several methods when searching for used games. I encourage you to use all of them.
The first place I check is cragislist.com. There are tons of people that are trying to sell their used games there, more than likely they did what I did and tried to trade them in for games but decided not to get screwed. Once at craigslist I do a search for the game title under the for sale section. Anything that I see on sale no matter what the price is they are asking for I send them an email. Once they email me back then I will usually give them my phone number so we can "talk" about the price. Once I get them on the phone I simply tell them the most I am willing to pay for the used game. I also like to tell them I have the cash and they could have the cash in hand in literally 20 minutes.
The next place I try is the newspaper, any local buy/trade type papers, pawn shops, yard sales, and flea markets. I have had luck with all of them but the easiest way I have found is using craigslist. Also don't forget you can search other areas that are relatively close to you. If I can't find anything good on my local craigslist I usually will search my surrounding area. If you do this I recommend you only look for people selling multiple games because more than likely they are going to have to ship these to you which will cut into your profits so to make it worth your while.
Step 4 - Setup an amazon.com seller's account
Now it is time to get sell your stuff on Amazon. All you need to do is go to amazon.com and scroll all the way to the bottom of the page. Click where it says sell your stuff. If you don't already have an amazon.com account it will prompt you to sign up. If you already have an account then just use that one. Before listing your game make sure that you double check the current price of your used game, I have noticed that some hot games can go up in value pretty quick. Now of course all you need to do is list your game. All you have to do is enter the isdn number on the back of the game (it is the barcode number). Amazon will automatically fill out all of the details along with pictures of the game. Put in your price and your all set.
Note: There are a couple of strategies you can use here. I have had some success with both.
a. List your games for a few dollars more expensive than the lowest price used game. If you have a really hot game a lot of times all the used games on amazon.com will get sold out and now your game that was more expensive is the cheapest. I will warn you though sometimes this can take longer to sell the game, keep in mind you don't want to hold onto the games to long because the longer you do the more your ROI goes down.
b. List your game cheaper than the lowest used game price. This is simple and will ensure that you sell the game quickly
A few more things of note are make sure when you have a game purchased that you ship it out within 24 hours. There is a rating system built into amazon.com. If somebody doesn't get there game for a few weeks you better believe they are going to be pissed. So make sure you get the games out fast.
That wraps it up guys.
This system is very easy to implement, takes a little work but if you really focus on it I guarantee you WILL make money.
Let me know if you have any questions guys.
Thanks,
Aaron Scott
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