Tuesday, July 22, 2008

How to make extra money on sKoolBoY?


If you already sold your books and you are spending the summer bored and want to make a little extra money, listen carefully.

You can make money by selling items on sKoolBoY and make a very good profit. If you are wondering how you can do this and you do not have items to sell, do not worry. There are plenty of websites out there that you can use to sell their items. For example, I released a previous post about selling textbooks and dropshipping websites. The latter would be used in this case. Dropshipping involves using another websites products and selling it on another website. Seller's on Ebay, Amazon, and other E-commerce websites do this all the time, especially powersellers on Ebay. How do you think they have a constant supply of items? They are using a dropshipper or they have a supplier that dropships stuff for them or they buy it from them at a cheap price. I recently learned that you can buy prepaid cellphones on Ebay and sell them as unlocked phones. This is possible because all you have to do is insert your SIM card and the phone will continue using the same service you were using before. Target cells a certain prepaid Motorola C168i phone for $15 and these phones easily sell for $20-$25 on Ebay. Imagine if you were selling hundreds or even thousands of these phones everyday. Let's say you make $5 profit off of 600 phones sold. That is $3000 dollars. Imagine the possibilities. That is just one example. They are websites out there that offer dropshipping for brand name items at low prices but you must be aware of the shipping they charge so that you do not lose profit from paying their shipping charges. Go to Google and type dropshipping and see what websites come up. You can sign up on these websites for a trial period and if you like it, pay for the membership. I also recommend going to Google to search for websites that sell cellphones, laptops, or any other item that you see can make a profit online. For example, search for cheap cellphones, refurbished laptops, or warehouse items. Make sure to price the item appropriately when listing it online. For example, if the item is selling for $5 on the dropshipping website, do not try to sell it for $45. That is unreasonable and you will probably lose potential buyers. Make sure to price it competitively.

If you have any questions or would like to speak to a representative at sKoolBoY about this, email us at support@skoolboy.com.

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