A few weeks ago I had the idea to buy some goods for a good price and sell them on eBay for a profit.  The idea of buying low and selling high is age old and proven to work so I figured that I would give it a whirl.  I’ve been a member of eBay for a long time and have bought and sold goods online successfully a few times.  I’ve never really had any trouble selling goods after I found out how to keep scammers away, but I did have some trouble with these transactions.

On November 2nd I went to WalMart and was able to get a laptop and an HD-DVD player for super cheap.  The idea was to buy those goods and go straight to eBay and sell them for profit.  This is called arbitrage  and is often used online in order to make some quick cash.  eBay sounds as though it’s the perfect place to do these kinds of transactions and I figured my experience would make it worthwhile.

To make a long story short, I did sell the items but not without some trouble.  The laptop’s auction ended up being hijacked so I ended up selling it to someone at school for $100 profit.  The HD-DVD player also sold and on eBay, but only after 2 failed auctions.  In the long run, I made $175 for a simple task.  Would I do it again? Heck yeah!  Would I do it again on eBay?  I would probably try other avenues (Craigslist, friends, etc…) before using eBay to sell electronics again.