How do I make some profit out of this?

Sep 10th, 2021 8:49 pm

#1

BigBlackBadal [OP]: Newbie; Dec 19, 2020; 54 posts; 23 upvotes; Canada

Sep 10th, 2021 8:49 pm

Ok so I bought an open box laptop online; and now its sealed and packed sitting in my room, i posted it in facebook foe selling by adding about $30 to it and hoping i would gain some profit say christmas time is coming and aome folks like me do last minute shopping whixh benefit some sellers. Please dont judge me. Now im not getting any offers on it. A few people said they r interested, never replied back. Its non returnable as to final sale. What can i do about it? I think my idea went wrong and I lost money.

And on the same note: idea #2 went like this..

Bought the acer chromebook 11 off the source discount price. Saved about $200. Yey. Now i put that one for sale online as well. No serious inquiries so far. I got one offer today for $125. I listed it for $160 with $50 my profit from the discount. If i go $125, i only save $15 on it. $15?! C'Mon... no i tell to the offer.

Bought a couple of dairies and journals from
Indigo at very nice price, put them for sale online, no inquries so far. Its been one week no one has bought anything... what do u think is going on? I mean what m i missing ? What may i do to up my game and earn some profit... should i wait till end year sale season? Plz dont judge hust advise. Thank u.

Hi here is a link to my tiktok

www.tiktok.com/@faisaljee007

I would appreciate if you follow me there, like my videos, and throw some motivational nice words in the comment section. That would mean a lot to me.

www.tiktok.com/@faisaljee007

Sep 10th, 2021 8:52 pm

#2

Janus2faced: Deal Addict; Dec 8, 2020; 1872 posts; 2277 upvotes; West Rouge, Ontario

Sep 10th, 2021 8:52 pm

OP make sure that if you sell any of the above for a profit, to declare the capital gain when filing your income tax return

+12

Sep 10th, 2021 8:54 pm

#3

sherman51: Deal Addict; Mar 23, 2011; 2152 posts; 1307 upvotes; Etobicoke

Sep 10th, 2021 8:54 pm

Being greedy only works if have have something other people want

-----------------------------------------------------

"It's better to be dead and cool...than alive and uncool!"

+10

Sep 10th, 2021 8:55 pm

#4

mastaj: Deal Addict; Dec 13, 2010; 1000 posts; 1642 upvotes; Vancouver

Sep 10th, 2021 8:55 pm

Well, I'm just guessing that you're not getting bites because.... you're asking more for items that people can simply order online for cheaper. I don't have any suggestions for you, as I'm not a re-seller of anything myself. Good luck.

+2

Sep 10th, 2021 9:11 pm

#5

BigBlackBadal [OP]: Newbie; Dec 19, 2020; 54 posts; 23 upvotes; Canada

Sep 10th, 2021 9:11 pm

I know i sound a little greedy but dont forget i spent hours and hours finding stuff online, paid for my internet etc.... plus i have a couple of little people to take care of.. so yeah im a little greedy .. but just a wee bit P.S im
Very nice while to potential buyers.

Hi here is a link to my tiktok

www.tiktok.com/@faisaljee007

I would appreciate if you follow me there, like my videos, and throw some motivational nice words in the comment section. That would mean a lot to me.

www.tiktok.com/@faisaljee007

+1

Sep 10th, 2021 9:12 pm

#6

BigBlackBadal [OP]: Newbie; Dec 19, 2020; 54 posts; 23 upvotes; Canada

Sep 10th, 2021 9:12 pm

mastaj wrote: ↑ Well, I'm just guessing that you're not getting bites because.... you're asking more for items that people can simply order online for cheaper. I don't have any suggestions for you, as I'm not a re-seller of anything myself. Good luck.

Thanks. I guess u r absolutely right. Thanks

Hi here is a link to my tiktok

www.tiktok.com/@faisaljee007

I would appreciate if you follow me there, like my videos, and throw some motivational nice words in the comment section. That would mean a lot to me.

www.tiktok.com/@faisaljee007

+1

Sep 10th, 2021 9:17 pm

#7

smartie: Deal Guru; Dec 5, 2006; 14840 posts; 10431 upvotes; Markham

Sep 10th, 2021 9:17 pm

Janus2faced wrote: ↑ OP make sure that if you sell any of the above for a profit, to declare the capital gain when filing your income tax return

Thanks for destroying kijiji and Craigslist lol

+1

Sep 10th, 2021 9:38 pm

#8

BigBlackBadal [OP]: Newbie; Dec 19, 2020; 54 posts; 23 upvotes; Canada

Sep 10th, 2021 9:38 pm

smartie wrote: ↑ Thanks for destroying kijiji and Craigslist lol

Hi here is a link to my tiktok

www.tiktok.com/@faisaljee007

I would appreciate if you follow me there, like my videos, and throw some motivational nice words in the comment section. That would mean a lot to me.

www.tiktok.com/@faisaljee007

+1

Sep 10th, 2021 9:44 pm

#9

Macx2mommy: Deal Addict; Jan 2, 2015; 2766 posts; 2731 upvotes; NOT centre of Univer…

Sep 10th, 2021 9:44 pm

In order to make any money on reselling items, you have to get the item REALLY cheap depending on the item or a little less if it's something that doesn't get discounted ever. . You also have to make it worth someone while to buy from you vs online themselves or a store. You don't offer warranty or anything and are an unknown. They don't know if you are going to rip them off, so for a few dollars more, they would get it from the store. The only reason someone would buy from you is if it's really cheap, or you have something that is difficult to find.

On a 'smart' device that isn't always so smart. So please forgive the autocorrects and typos. If it bothers you, then don't read my posts, but don't waste my time correcting me. If you can get past the typos, then my posts generally have some value.

+2

Sep 10th, 2021 9:57 pm

#10

CNeufeld: Deal Guru; Mar 23, 2008; 13006 posts; 9976 upvotes; Edmonton

Sep 10th, 2021 9:57 pm

BigBlackBadal wrote: ↑ Thanks. I guess u r absolutely right. Thanks

In the future, you might want to investigate how much your "online treasures" are actually worth before buying non-returnable items. Plus keep in mind that many people are starting to stonewall their wallets for tech purchases with Black Friday in the not-so-distant future. Prices are only going to fall between now and Boxing Day.

Or you could just get a real job. Where you know how much you're going to get paid for an hour's worth of work.

C

+1

Sep 10th, 2021 10:55 pm

#11

DonkeyDoo: Sr. Member; Feb 18, 2019; 569 posts; 795 upvotes

Sep 10th, 2021 10:55 pm

If someone offers what you paid, take it and run.... If you want to flip for profit on Kijiji, you need to be more creative than just buying open box laptops for 10-15% off.

+3

Sep 10th, 2021 11:16 pm

#12

tmkf_patryk: Deal Addict; Dec 27, 2007; 4605 posts; 1840 upvotes; Edmonton

Sep 10th, 2021 11:16 pm

ill give you $130 for both the chromebook and the laptop

dont care for diaries and journals - sounds like its recycle.

also I will echo the other poster, maybe you should get a job?
grab a shovel and dig holes for people for their fence posts. Sounds like something you can accomplish

warming up the earth 1 gas fill-up at a time...
You only live once, get a v8

Sep 11th, 2021 1:15 am

#13

Krashman: Jr. Member; Apr 14, 2019; 116 posts; 137 upvotes

Sep 11th, 2021 1:15 am

You are seen by most as selling used stuff.

Unless you have a store front or you are selling on ebay and guarantee everything is brand new (backed up Ebay / Paypal guarantee).

Very dificult to buy retail and sell for a profit, you need a wholesale supplier.

Sep 11th, 2021 3:04 am

#14

UrbanPoet: Deal Expert; Jan 27, 2004; 51975 posts; 16741 upvotes; ONTARIO

Sep 11th, 2021 3:04 am

If you want to do stuff like buy+sell for money…
Try to get old wooden furniture for free or cheap.

Then sand and refinish it. I did this to a park bench. Free busted up park be bench. Sitting on a front lawn with a sign “free” on it.
Changed a few pieces of wood $20
$10 wood finish.
Sandpaper i already have. Refinished that and someone paid me $150!

Try it. Takes work though.

https://www.kijiji.ca/v-outdoor-decor/m ... ios_social

All my threads are upvote parties! All positive vibe post get upvotes.

+1

Sep 11th, 2021 5:06 am

#15

mikeymike1: Deal Fanatic; Apr 16, 2007; 8134 posts; 3479 upvotes; Financial District B…

Sep 11th, 2021 5:06 am

This is really pathetic.
Buying open box products and then trying to pawn them off as new or like-new? and buying other things on sale then reselling them at retail? insane

----------------------------Licensed Credit Bureau member, S1, FI Automotive, CCP forums most banned = x 13 and counting, guess who that is?... stomped to the curb once again

+2

Sep 11th, 2021 8:02 am

#16

Jon Lai: Deal Expert; May 30, 2005; 48541 posts; 9616 upvotes; Richmond Hill

Sep 11th, 2021 8:02 am

mikeymike1 wrote: ↑ This is really pathetic.
Buying open box products and then trying to pawn them off as new or like-new? and buying other things on sale then reselling them at retail? insane

I mean, retail arbitrage is a billion dollar business. It's no different than buying Amazon return pallets and listing them on eBay.

OP, the market is definitely there, but you're not going to make money unless you buy in bulk and buy dead cheap - like, less than 10% of retail in most cases. Then you can flip it for 50-60% of retail. It's also a lot of work. Watch retail arbitrage videos on Youtube and you'll see what the guys have to go through. In many cases it's a side job or hobby, if you made $15 on $110, I would've taken it and run - not like a laptop is any hard to find item.

Tons of things for sale!
Silver Coins and Numismatics | Hardwood cutting boards, custom hardwood/live edge tables, home decor, and more | Heatware

+1

Sep 11th, 2021 10:03 am

#17

will888: Deal Expert; Dec 12, 2009; 27648 posts; 18043 upvotes; Toronto

Sep 11th, 2021 10:03 am

Since when does reselling a laptop constitute a personal finance discussion? Can anyone finance any bit of their lifestyle on this type of caper?

~~Koodo $40/6GB~~
Public Mobile $117/90GB/90 days, $102/60GB/90 days, $25/5GB, lot less with rewards
Tangerine Bank, EQ Bank, Simplii

Sep 11th, 2021 11:14 am

#18

DeletedMemories: Deal Addict; Dec 22, 2007; 1581 posts; 1190 upvotes; Mississauga

Sep 11th, 2021 11:14 am

BigBlackBadal wrote: ↑ Ok so I bought an open box laptop online; and now its sealed and packed sitting in my room, i posted it in facebook foe selling by adding about $30 to it and hoping i would gain some profit say christmas time is coming and aome folks like me do last minute shopping whixh benefit some sellers. Please dont judge me. Now im not getting any offers on it. A few people said they r interested, never replied back. Its non returnable as to final sale. What can i do about it? I think my idea went wrong and I lost money.

And on the same note: idea #2 went like this..

Bought the acer chromebook 11 off the source discount price. Saved about $200. Yey. Now i put that one for sale online as well. No serious inquiries so far. I got one offer today for $125. I listed it for $160 with $50 my profit from the discount. If i go $125, i only save $15 on it. $15?! C'Mon... no i tell to the offer.

Bought a couple of dairies and journals from
Indigo at very nice price, put them for sale online, no inquries so far. Its been one week no one has bought anything... what do u think is going on? I mean what m i missing ? What may i do to up my game and earn some profit... should i wait till end year sale season? Plz dont judge hust advise. Thank u.

you be better off buying nintendo switches at shoppers with bonus points and selling those. give the receipt etc.

How do I make some profit out of this?

How do I make some profit out of this?

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