Tips to Help You Make More Money and Avoid Expensive Mistakes on eBay

publication date: Oct 24, 2008

Hi,

If you're like me, you know it's easy to believe everything the experts say about making money in any business, including on eBay. That's because much of the time what those experts say is indeed very true, you can make oodles of cash on eBay simply by utilising other people's ideas and expertise.

But there is a major problem involved that can mean you lose money big time and it has nothing to do with the experts being wrong.

The problem I'm contemplating stems from experts omitting some essential point in their message or, as more often happens, the 'student' misunderstands what the expert says and acts on inaccurate information.

For example, most of you know about seeking arbitrage opportunities on eBay, such as looking for items listed with spelling mistakes which attract little traffic and often end up selling way below their actual market value.

I've gone arbitrage hunting for years, looking for sovereigns spelled 'sovrins', suffragette memorabilia masquerading as 'suffrajet', and much more besides.

Once you realise what misspellings to look for you could make hundreds or even thousands of pounds pure profit every day. You'll find those misspellings at sites like fatfingers.com where, having typed in an accurate description of your chosen product, you're treated to all the various misspellings of similar items on eBay.

Next important step is to buy those items way below market value then relist them on eBay, without mistakes, and look forward to hefty profits a few days later.

Or not as the case might be, because one or two unusual events of the past few days have convinced me I was lacking certain information about arbitrage opportunities, which you might also benefit from knowing, such as: