So, you are ready to take action but there's one slight problem – you don't have any money to invest in stock. Even those £100 to buy 10 Blu Ray movies. O.k., that's not a problem! Here's a quick strategy allowing you to start selling on eBay straight away! Probably you have already heard about drop shipping concept where companies ship products directly to your customers. There are some advantages and disadvantages but I won't cover them at this time because the strategy I want to present to you has nothing to do with drop shipping! There are only 3 things you need:
This idea can work with DVDs as well but as we discovered yesterday, you can make much more money with less hassle in the Blu Ray market. So I strongly recommend using this strategy with Blu Ray movies.
All popular movies produced by big film companies have a very straightforward life spin:
What we're interested here is the middle phase when movies are being released on DVDs (Blu Ray, UMD etc.). It doesn't happen accidentally – time when it happens is precisely calculated to make maximum profit from every single title. The best part is that everyone knows when new releases will be launched. There are number of websites on the Net publishing this information for free. Basically you can use any retail website for this matter, like: http://www.play.com/DVD/Blu-ray/ComingSoon.html Once you have a list of upcoming titles and have checked the price and availability with your supplier, you can start listing those titles on eBay right away! Yes, it's totally allowed by eBay! Just make sure you insert a very clear message in listings that this is a “pre-order” and item will be shipped out on release day:
There are a lot of people out there buying pre-orders! Starting from true movie fans ending up with bargain hunters (they try to find the best price before movie is even released). Online retails make a substantial amount of money from pre-orders. Here are few key pointers why I like this strategy:
Those 3 factors make this a perfect strategy for people just starting out on eBay. Of course, you can and you should use this strategy in conjunction with selling already released movies. Make sure to fire out a few e-mails to your current customers about up-coming releases (this will be covered in later lessons). Quick tip: do not look for titles with release dates months ahead. You'll get more attention to listings with a release date of 2-4 weeks. Also, make sure you keep in touch with people who purchase pre-orders by letting them know when the item is shipped out. Also, by using supplier mentioned in the Easy Auction Business video course, you'll be able to get new releases few weeks sooner than the official UK dates giving you an unfair advantage over your competitors :-) Until Next Time, Have a Question? Click Here!
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