Tuesday, December 1, 2015

Uh Oh Play-Doh!

Bought: $5.64 Sold: $47.94 Fees: $5.42 Profit: $36.88

Chris picked this up for me. It is a Play-Doh set featuring the Transformers from a few years ago that has been discontinued. Mine was the only one on eBay, but a few had sold recently for $50 and mine was complete and in box (though used). Almost immediately upon posting, I got tons of offers! I had 6 people make offers over 2 days - clearly this was a popular item, but no one wanted to pay what I was asking. I was tempted to sit on it and wait until I got $50, but I was getting so many offers I just wanted it sold, so took the highest offer I got. eBay only lets you go back and forth on offers three times, and this one guy who rejected my last offer emailed me the day after saying he wanted to buy it, but he couldn't make any more offers and I couldn't take down the listing and re-list (giving him three more offers) because the item always had offers from other people (preventing me from taking down the listing). Anyways, it was a very good ROI, Chris did well. 

3 comments:

  1. I think we need a "Chris did well" counter.

    ReplyDelete
  2. Jon how much fun do you have coming up with these blog post titles?

    ReplyDelete
  3. Jon how much fun do you have coming up with these blog post titles?

    ReplyDelete