Today am going to talk about how You can make $100 using Ebay in an hour.
This type of trade is known as Arbitrage.
Requirements.
1. Computer.
2. Internet Connection.
3. Must be over 18.
You will not require.
1. Money.
2. Experience.
So let's get going.
Step No 1
Sign up for a free Ebay account. You will be asked how you would like to be paid and here you will put your Paypal Address or You debit/credit card details. Don't worry you will not be charged anything. I use Paypal and its quite good. If you dont have a Paypal account please sign up for one which is also free.
Step No 2.
Login to your account and you will receive a welcome email on all what Ebay is about. Please read this mail then continue. On the Screen you will see the leading auctions and here is where you have to put your focus.
The item on leading auction is the item that is going to be selling fast on Ebay. Now open another Ebay window such that you have two ebay windows open. On one choose Ebay Canada this option is normally at the bottom left. On the other window will be Ebay USA by default if not please choose Ebay USA.
Step No 3.
Search for the item that was leading, in both windows. With my experience, I have noted that Canon Rebel Professional Cameras sell fast. You wiil note that prices on Ebay Canada are Lower than prices on Ebay USA and thats how You are going to make Money. Normally there is about $150 difference.
Step No 4.
Identify that item, for our example the Rebel Camera and put into list, on Ebay Canada, don't buy. (Tip- Choose the supplier who has many in store). Now go to Ebay USA and put an Auction add about selling a rebel camera at a price less than the Quoted price on Ebay USA. Include all the specification of the Camera and a good picture of the same, now all these you can get on Amazon for Free. Put the item on the auction for 2 - 3 days.
Step No 5
Check the bids on the item after 2 days. The highest bidder has won the Auction, check your Paypal Account to ensure you have received the money.
Step No 6
Go to Ebay Canada and buy the Item you had kept on list, and direct the shipment to the person who you sold your Camera to.
And Boom This is how you make your Cool $100.
For more information on how to make money on Ebay Click Here
Enjoy Money Making.
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