The Real Costs of a Product
How many times have you seen a product did a quick math in your head and say to yourself yep can make some profit on that I will buy a dozen. You get home list them, and they sell and then you suddenly find your profit has turned into a major loss.
What has happened, why did ebay let this happen (Or Amazon etc). Well I am here to tell you eBay, Amazon did not let it happen you did. Yes You. I know that is hard to understand that it comes down to little old you.
What happened to your profit was the fact that you did not know what your listing fees were, what the final fees were, what the PayPal fees were and the packaging and shipping fees were.
You need to know these off by heart. eBay do not hide them they are there in black and white, print them off, and have them by your computer. The same with PayPal, they do not hide them.
So now before you buy a product to sell add in all your costings and then see if you still have a profit and if you do it is almost safe to say go and buy.
Sorry for a hard hitting post , but sometimes people need to know it’s them that has got things wrong and not eBay.
Happy Selling
Andrew Milburn
