Attention Lazy People! You CAN Make Money With Web within NEXT 5 Minutes.. *Your must it Read Here *

I agree with the method. Woot is a great website and selling them at Amazon can give you some nice returns. But the only bad point of this method, you need investment and time.

By the way, SlickDeals is a great place for online shoppers !!

When I buy from woot, do I send it to my location first? What exactly is the procedure for this?

Is it like:
1. Check to see if Woot has the lowest price
2. Buy product from woot if their price is the lowest
3. send it to your location
4. post product on amazon
5. wait for buyer and then send it to buyer.

Is this correct?

Thanks for sharing this method. I should try this sometimes..

Thank you for this thread, I might try this out for myself soon.

Basically, you're suggesting drop-shipping. There is an awesome forum for people interested in that -
The Wholesale Forums

You can do Dropping Shipping (in case you don't know what that is...) basically woot will ship as if you ship the item...

However, I not sure woot are willing to do that...

I find best, thing to do...is find item on woot, ship to yourself

then put on amazon just sit and wait..

No marketing...no listing fee until it's sold...

when everything are set and done... just ship out the item..on the way
to work or something...

put the confirmation (shipping) to amazon, you get the money...

Would it be helpful, If i write a step by step guide?

I will show you how to set price, how to write one line sales letter..

it's really really lazy way to make money...

Han

thank for the info...
real good deal for lazy man like I am...haha

thanks for the great info. you really gave me a new idea.

Overall, this is a nice idea...or rather, a nice method of utilizing an old idea (i.e. drop-shipping / wholesaling). But what about the demand for the product? WOOT is selling items really cheap, so you may get a good deal there (for instance, as of this post WOOT has a Bushnell ONIX 350 GPS for $69.99 where Amazon lists it for $155 instead of the retail price of $529.99). But how can you measure the demand on Amazon as to how many people are interested in buying this item you're getting for a good deal? Just because Amazon (or eBay) offers the item for sale for a higher price than you bought it, doesn't mean someone is actually going to buy it. Especially when you notice that there are 10+ other sellers trying to offer the same item for sale.

You could easily end up in a situation where you have cases of "good deals" from WOOT in your garage, $1,000 hole in your pocket, and only Good Will to take the items off your hand (which would make a decent tax deduction, so not a total loss).

I'm not saying this "Lazy Man" method is a bad idea (note how a moment ago I even said it was a "nice idea"). It just is a bit more risky than one is led to believe at first glance. The turnaround time from initial "wholesale" purchase to possible sale and profit is, at a minimum, 1-2 weeks if everything goes smoothly and you find someone that buys your inventory within a day or two of listing it on Amazon (rare). Which is fine, if you have that time and the money to invest up front for an item or two. But don't expect to actually have "cash profit in hand" within 5 minutes. It's not going to happen.

I used to buy wholesale cases of in-demand collectible items a few years ago. These were HOT products that would almost always sell out on eBay at Christmas time within 48 hours with a very nice profit margin. To test, I placed a number of these items on Amazon at a competitive price and sold a small handful (nowhere near as many as eBay), and the payment collection process was much more of a hassle than it was worth to me (it may have changed in the last while). So I went back to eBay.

"So," you might say, "I'll just buy a bunch from WOOT and sell it on eBay!" Okay. You can certainly try that. But if it's not a hot item that's in demand, or unique, or rare then it may be just as difficult to find a buyer on eBay. And remember that eBay is a place to buy "good deals". eBayers are generally looking for the lower price, so you're not likely to get as high a price as you would on Amazon.

I'm not trying to discourage anyone from trying. All I'm saying here is don't jump blindly into this method, especially when you get dollar signs for eyes when you see the $69 cost and the $150 possible resale and think "Wow! If I buy and sell 10 of these I'll make a sure $810 for just a few minutes work!" Just like anything in business, it doesn't work that way. Research your market first and make sure it's a "possibly" good idea.

i'm not lazy, but i'm gonna give it a shot!

I would be happy to review your product. Thanks!

I'd love to review this for you. I've bought from Woot several times over the last 10 years for resell as well as for myself and never had a problem making profit.Youcan even sell on Craigslist at slightly less profit but avoiding shiping hassles.

What are the best things to buy? and then resell...

So Is that also applicable to Digital Online Products? I can do some honest review also.
I hope you have a simple system that is easy to understand and implement.

Not a long term strategy, and quite risky.

I think you can make money off of it, but you can also lose money off of it.

I this this is a good idea, but we will find the best supplier~the wholesale sales