Sunday, October 18, 2015

LG Smartwatch on Sale on eBay - $25 x 5 Reselling MoneyMaker

Disclaimer: I receive a referral commission for the following link(s) and I greatly appreciate supporting the site:  eBay, Top Cashback, Amazon

eBay has the LG Smartwatch in Gold  for $215.  Limit of 5 per person.

Rank is about 10,000 in cell phone and accessories, but only 78 in smartwatches.  I would normally not post about it since it is a slower seller except that there are only 30 left so competition for a slower sell can't get too fierce.

The Gold Version has only one FBA seller at $284, unfortunately that seller is Amazon.  I would assume you will be able to sell for $270-$275 without a problem and $284 with a match of Amazon if you are more patient.

After FBA fees, your takehome is $242 if you can sell for $275. With Shipping you will probably net $240 per watch if you send 5 of them.  Hopefully you will have other things to send to make shipping even cheaper.

If the prices hold steady, you will earn about $25 per watch or 11% just on the sale.  $125 for 5 watches

So here's the bonus cash:

Start with Top Cashback. for 1.1% from eBay (HT - JS)  = $2.36.
2% in eBay Bucks = $4.30!
Use up eBay Gift Cards or eBay Bucks- You can either use eBay gift cards which hopefully you bought at a discount or you can use a credit card that earns 2% which would be another $4.3

You can buy eBay Gift cards for even greater savings.  You are always able to buy eBay gift cards for 5% off from Target with a Target RedCard.  That's a savings of $10.75.

Overall, you could earn over $35 per watch, over 15% and even better if you use eBay gift cards.  You can also pay with your eBay Bucks and earn money on the purchase as well.

Keep in mind that there is a maximum use of $5,000 of eBay Gift Cards per rolling 180 days.  Also, sometimes there is a maximum of 5, 7, 8 or 9 eBay Gift Cards that you can use in one transaction before the transaction times out.

Prices can and will likely go down a bit but you should be able to make a good profit on it, especially if you are patient