Recent Buy-and-Sell Activities on Amazon.com
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No, I haven’t forgot my little business on Amazon.com, though it has been quiet for a long time. The main reason is I wasn’t able to find lot of cheap stuff (those that won’t cost me too much if at the end I have to keep them myself) that also have re-sell values. Since I usually only buy electronic or computer related products that cost me around $10 after mail-in rebates, the selection is quite narrow and the margin is very small.
Recently, I bought several items that I hope could bring me a few bucks and listed them on Amazon.com, including:
- WD Passport external hard drive ($59.95)
- Creative webcam ($2.99 after rebate)
- Netgear wireless router ($9.99 after rebate)
- TrendNet wireless adaptor ($4.99 after rebate)
- Sandisk USB flash drive ($9.29 after rebate)
Brother label maker (free after rebate)(Staples just informed me that they made a mistake with the price of the label maker. It’s $20 after rebate instead of free. So forget it)
The first three items have already been sold (that fastest is the router which I bought on Monday, listed that evening, and gone yesterday) and $25 profits were generated from these transactions. Yeah, a small number indeed and you may wonder whether it’s worth it 
. The thing is even though the costs of these flash drives, webcams, or routers are pretty low, I had to price them low enough, if not the lowest, as well to attract buyers. Making a few bucks is better than nothing. That’s my theory.
Since last July when I first started this Amazon business, I have sold about $1,730 worth of stuff online, after Amazon commissions. Nothing to be excited about, but not bad for an activity that doesn’t require much time either (I keep the original packing, so only need to replace the shipping label).
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Waste of time. I think you have a problem with the time=money equation since it seems you like to waste your time for little money.
I don’t think it’s a waste of time. Every little bit helps. That’s extra money coming in for you so that’s great. Have you tried some of that stuff on ebay?
T: Yes, it’s very small money, but I feel I can still use it.
Family Savings: No, I haven’t tried eBay. The main reason is selling on Amazon requires minimum effort. There’s no listing fee and I only pay commission when the item is sold. The drawbacks are: I can only sell products that Amazon carries (so I don’t have take pictures and write descriptions) and the commission is quite high. Since I am just a casual seller, it works for me.
Keep it up and do it as long as it makes you happy!