Bought: $14.68 Sold: $26.54 Fees: $3.66 Profit: $8.20
When I saw these shoes at VV they jumped out at me - neon yellow Nike running shoes. They looked in pretty good condition, and they had a tag which had the model number and year on it. The price tag was a bit steep, but I figured it was worth a shot. I took them up, cleaned them up a bit, and listed them before heading out to dinner on Friday night. When I came back from dinner they had sold.
So, on the one hand I was glad that they sold, and so fast, but on the other I realized that I had priced them too low. No one needs a used pair of running shoes so badly on a Friday night that they are sitting on eBay looking for them. Someone clearly found these are realized that they were a bargain. So, my mistake is someone else's gain. To be fair, I had no idea what they would sell for, and so it was a learning experience for me. I'll be keeping my eye out for good condition Nikes in the future, and I still made a small profit off it. A lot about this experience is trial and error, and if I can learn from my mistakes and still make money then it's not too bad.
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