Making money selling at a loss??? Impossible???? Nope!!! Profitable..........

In November 2006, I started selling currency on Ebay. First everything was on a bidding basis with a small reserve, but I realized that was costly, and needed a better way to sell my items.  I knew a store on ebay offered smaller listing prices, and believed t5hat was the way to go.

Shortly after opening my store, Ebay added "Best offer" to the way you could sell your items. If you liostewd something too high, you would know it because the offers you got were a lot less than you were asking, and you learned from this.

At the time, I was charging $2,25 S&H for my items. One day I got an offer of $1.75 for one of my items listed for four dollars. I accepted before I realized the item was a two dollar bill. Ouch!

It was then I realized that I needed a way to insure that I would not make that mistake again. Because I only deal in one and two dollar bills, I figured if I added a dollar to the S&H as a way of replacing the note I am selling, if I make a mistake on a two dollar bill again, I can;t lose since half the face value of the bill is now covered.

Then the post office raised their rates, and Ebay was talking of raising their rates. I raised my S&H to $4.25, and it was the best mistake I ever made. I had an item listed on Ebay with a 99 cents starting bid. Only one person bid on it, and they got a note worth at least ten dollars, the amount I was hoping it would have been bid up to. Later, I figured that I actually cleared about $2.00 on the sale.

Wow if I could sell a million dollar bills for 99 cents, I could be a multi millionaire. Immediately, I thought of the "Video Professor" who gives away his video lessons for free!!! Just pay his S&H of $6.95. Well everyone loves "FREE" so just imagine how many he has given away free!!!! His expenses are probably less than $3.00, even including the cost of his many many TV ads.

When I tell people I sell dollar bills for 99 cents, they think I'm nuts, until I explain it. I don';t know of any sellers on Ebay who are trying to lose money. We are all there to make a profit, and everyoine can. Get excited and sell on Ebay!!!!