Flip And Make Money

If you have been online for some time you will have heard the phrase “Flip and make money“, But what does Flip and make money really mean ? It can also be known as eBay arbitrage. In simple terms it means you buy a product at a low price and then resell it minutes (or days) later for a higher price. Normally we are not talking large profits here, there can be but normally they are small profits that you can do when ever you need some quick cash.

One of the ways you can Flip and make money is go to one of the discount stores and buy some of the products they are selling off. For example let’s say a bottle of perfum Walmart are selling for £9.99 and it normally sells for £39.99, you can buy it and re-sell it for £19.99. You make £10.00 before fees etc. Not a bad profit.

Another way you can Flip and make money is where you buy a hot product or a product that will only be sold for sometime – Disney DVd’s where they only release a limited number. What you do is buy a few, and then wait a few months. Then sell on eBay for a nice profit. Another area is collectables that are sold on QVC buy a few, wait till they sell out and then sell on eBay for a higher price. Do not be greedy, just make a small profit.

Please note the “Flip and make money” model is not a long term business model, it allows you to make smal amounts of profit when  you need some cash or when you see some products at low prices and just buy low and sell high. There are many other ways you can “Flip and make money” and other the coming weeks and months we will cover these.

Andrew Milburn is an eBay Trainer and Consultant in the Lichfield Staffordshire Area