posted on February 11, 2002 02:11:59 PM
As I have found Auction Watch users to be some of the more intelligent and savvy ebay users, I have decided this is the best place to post this message.
I am looking for 15 people who would like to sell magazine subscriptions on ebay. There are no fees to begin, and no upfront costs of any sort. We are a magazine agent and fulfill the orders, so you never have to stock or ship your product. We have a 4200 rating on ebay and have been a member since 2000.
All BS aside, you can easily earn $1,000/wk. doing this. It's a perfect product to sell on ebay due to the fact that you never have to touch the product.
Here is a sample of what your cost would be... Your markup is about 300%.
As you can see, your cost on a 4 yr. subscription to Child is only $5.51 total.
2 Yrs. $5.00 American Legacy
2 Yrs. $5.14 Family Fun
2 Yrs. $5.19 Disney Adventures
4 Yrs. $5.51 Child
4 Yrs. $5.63 Parents Magazine
3 Yrs. $5.48 Details
3 Yrs. $5.60 Automobile Magazine
3 Yrs. $5.72 Spin
3 Yrs. $5.89 Mens Fitness
4 Yrs. $6.20 FHM
2 Yrs. $5.65 Worth
3 Yrs. $6.00 Golf Tips
3 Yrs. $6.00 Outdoor Photographer
3 Yrs. $6.00 Plane & Pilot
3 Yrs. $6.07 Popular Science Monthly
4 Yrs. $6.43 Bike Magazine
4 Yrs. $6.43 New Choices
4 Yrs. $6.44 Outside
3 Yrs. $6.08 Hot Rod
3 Yrs. $6.08 Photographic
3 Yrs. $6.08 Vibe Magazine
3 Yrs. $6.14 Inc.
I don't want to overload the market, so I am only taking on 15 users at this time. If you are interested, email me at [email protected] and I will send you more information regarding this opportunity. As I said there are no upfront or monthly fees of any kind.
posted on February 11, 2002 02:33:26 PM
Gee, you're too good to us here at AW. Why would anybody with such a bang up great way to make money come and share it with all of us ?
You're right about these sellers on AW being smart. They won't even share who their wholesale suppliers are.
So you want to give $15 thousand dollars worth of business a week away. You gotta be kidding me.
Go pedal your papers somewhere else. Spamming is not permitted here.
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[ edited by REAMOND on Feb 11, 2002 02:39 PM ]
A little bitter aren't we. I'm not giving up anything. I'm a wholesale distributor of magazine subscriptions. I make a small amount on each magazine order that is processed. I plan to continue to sell magazines also. Adding distributors is just a way for me to create additional income for myself, and at the same time provide opportunities for others. I don't need to give up my wholesale sources, because I AM THE WHOLESALE SOURCE.
I'm sorry that you took my post as spam. It was not my intention.
posted on February 11, 2002 03:23:24 PM
I never said it was easy. It's like anything else, you have to invest time into it to make it work. What I said is you can earn $1,000 or more per week. I didn't say it takes 5 minutes a day.
You have to answer email, and do data entry, but in comparison to shipping out products, stocking products, etc. it is a much easier way to make money on ebay.
If you have reservations about this, don't email me. If you have enough interest to want to know more, then email me, and I'll give you more details.
posted on February 11, 2002 03:23:42 PM
Hey rarriffle- I got a way for you and 14 others to make a thousand dollars week listing stuff that I'll drop ship it.
I'm too stupid to use a powerlister and do the listings myself on eBay- so I'm gonna share the wealth.
#1)I do not touch the product either. It is fulfilled through the publisher directly.
#2)eBay only allows you to post 10 auctions of the identical item. For example, I can only have 10 auctions for Maxim Magazine running at any one time. So, to sell more subscriptions, I need distributors. The distributors need to be compensated for their time, and I make a little bit off each distributor.
#3)Allowing others to post auctions does not hurt my sales. eBay is a big world, and there is plently of room for everyone.
#4)I do use a powerlister (Auctiva). The actual listing process is but one small part of the program.
#5)Keep replying to this thread. It'll keep it at the top of the list.
posted on February 11, 2002 04:00:19 PM
ebay is not a big world when 15 sellers all sell the same item over and over again.
by the way ,you said you have 4000 plus feedback,so you must do a lot of selling,why dont you just keep selling ,use multiple ids,borrow ids from your mom ,dad,inlaws etc
I don't want to argue with you. This is a legitimate opportunity. If you don't want to accept that, that's ok. My current distributors have done very well, and I am looking to expand that part of my business.
I carry over 1000 different magazines, so it's not like 15 people are running the exact same auctions. In addition, sellers can combine magazines packages (selling Time & Sports Illustrated together), so the combinations are nearly exponential.
My fees are already figured into the prices listed above, and that's where my money is made.
I see midwestmagazines gives a list of just 21 different magazines that subcriptions can be sold for.
if 15 people were to list 3 or 4 each different you wouldnt have all selling the same Items each would be selling something different that appealed to different people.
pluss there is no packing no Shipping fees I have never checked to see how the bidding is on this type of item but I wouldnt think its all that bad.
even if you list only 10 of these in a week and sell 5 thats an average of $60 to $75 with none of the Extra work just collect the money send the payment and address.
Like I said I have checked ebay to see how subcriptions sell but I see golf magazine on that list and I do know that anything haveingto do with golf sells very very well.
I didn't email about this offer but I will say this don't knock something you havent seen the actual details or did the research.
I can understand why someone wouldnt want to run a dutch auction on this type of thing.
you would make out better on this type of thing running individaul auction with a buy price set and make more $$ per sale as well.
posted on February 11, 2002 11:39:20 PM
Initial research shows that certain magazines do better than others. If you created an attractive ad, you could make money doing this. I am wary though because the fulfillment house may drop the ball and you will be the one with the negative feedback. Do a "completed" search for the magazine titles and add sub* to the end. Then check out the feedback for the seller. Lots of negative feedback about never receiving the magazine.
posted on February 12, 2002 01:58:28 AM
Regarding the previous comment,
Initial research shows that certain magazines do better than others.
-> I AGREE
If you created an attractive ad, you could make money doing this.
-> WE PROVIDE OUR DISTRIBUTORS, FREE OF CHARGE, OVER 400 PRE-DESIGNED MAGAZINE AUCTIONS THAT WORK USING AUCTIVA'S AUCTION POSTER SOFTWARE. IF YOU PREFER NOT TO USE AUCTIVA, YOU CAN DESIGN YOUR OWN AUCTIONS.
I am wary though because the fulfillment house may drop the ball and you will be the one with the negative feedback.
-> ALL BUYERS ARE AWARE THAT IT TAKES 8-12 WEEKS TO RECEIVE THEIR FIRST ISSUE. THIS ALLOWS THE DISTRIBUTOR PLENTY OF TIME TO MAKE SURE THE INFORMATION IS CORRECT AND COMPLETE THE ORDER PROPERLY.
Do a "completed" search for the magazine titles and add sub* to the end. Then check out the feedback for the seller. Lots of negative feedback about never receiving the magazine.
-> WE HAVE OVER A 99% APPROVAL RATE ON EBAY. WE HAVE 5314 POSITIVES AND 48 NEGATIVES. MISTAKES DO GET MADE WHEN YOU RUN 2000 AUCTIONS/WEEK.
-> WE ARE SHIFTING OUR GEARS FROM BEING AN EBAY SELLER TO BECOMING AN "EBAYABLE" PRODUCT SOURCE. ALTHOUGH WE WILL CONTINUE TO DO DIRECT SALES, OUR MAJOR FOCUS IS DEVELOPING A NETWORK OF EBAY SELLERS WHO WE SUPPLY THAT SAME PRODUCT TO. WE HAVE DESIGNED A MARKETING PROGRAM THAT CAN BE USED BY MOST EBAY SELLERS, AND CAN BE PROFITABLE. WE SUPPLY THE PRODUCT, THE EBAY MARKETING PROGRAM, AND PRE-DESIGNED AUCTIONS. AND WE DON'T CHARGE ANYTHING FOR THIS INFORMATION.
EBAY IS ONLY GETTING BIGGER, AND WE WANT TO GROW AS THEY GROW. BY HAVING A NETWORK OF SELLERS, WE CAN ATTAIN THIS GOAL. BY HAVING A FIXED NUMBER OF SELLERS WE SUPPLY TO, WE CAN CONTROL MARKET SHARE OF THIS PRODUCT AND ENSURE THAT IT IS NOT OVERLISTED ON EBAY LIKE THE "GINSU2000" AND THE "WEIGHT LOSS PILLS" AND "LEATHER COATS $39.95".
posted on February 12, 2002 08:29:53 AM
midwestmagazines: Since you're taking a cut of the proceeds, you'll be helping out with the listing fees, right?
Right?
"eBay only allows you to post 10 auctions of the identical item"
So create as many eBay personas as you need and have them post 10 auctions each.
In my experience, anyone who starts a sales pitch by telling me how "smart" I am really thinks I'm a schmuck.
posted on February 12, 2002 11:40:43 AM
About a year or two ago I was looking for old issues of a Back Packing Magazine. I couldn't find any on eBay so I went to everyone's second choice, Yahoo Auctions. There was a seller there selling Back Packer Magazine subscriptions for a reasonable price so I bought one and PayPal'ed the money right away. A nice email from the seller came back saying the subscription would take a month or two to start. After two months it started up ( you always seem to first get the current month and the last month at the same time with those deals, but that was okay with me ).
There were no problems with the deal and I was happy. The problem that I can see with sellers having doing this is that MANY auction buyers are VERY impatient and are also paranoid that they are being cheated. Expect a lot of 'handholding' with impatient buyers and expect a lot of neutral and negative feedbacks. So if you have an eBay account with pristine feedback, beware of that possible pitfall.
posted on February 12, 2002 11:48:19 AM
The marketing program we include with this package is designed to keep the buyer informed through the whole entire process. We clearly let the buyer know before purchase that it takes 8-12 weeks to receive their first issue. We also contact the buyer after we've received payment, letting them know the order was processed, and that we have left feedback for them. We send them an additional letter as soon as we receive confirmation from the publisher. Using this method, the buyer stays informed of the order status, and feels comfortable. It has worked for us quite effectively. Your point is valid though. Although there is no shipping of the product required, there does need to be ongoing contact between the buyer and seller for this program to work effectively.
posted on February 12, 2002 03:59:56 PM
Gee, Rob, why am I surprised you didn't answer my question.
Are you subsidizing the eBay fees of your "workers"?
If not, why should they assume all the risk and expense while cutting you in for a piece of the proceeds?
I don't disagree that it's a great deal...for you. Auction ends without a bidder, you lose nothing. Auction ends with a bidder, you get a cut of it. Sweet.
posted on February 12, 2002 04:16:36 PM
Does the company you buy your widgets from help pay your ebay bills?
We provide the product for the ebay seller. We are merely a distributor of the product. In addition to that, we have designed a marketing program to help the seller create sales and be profitable. Nothing more, nothing else. We are providing a product that can be sold on ebay without the hassle of shipping or a large financial investment.
posted on February 12, 2002 05:59:37 PM
This person has a proven track record on eBay for the product. They come here and offer it to anyone who wants to make money. Why is that bad????? They supply all the information, you don't have to touch the product, just list, send out a few emails and collect the profit.
What Midwestmagazines is doing is called BUSINESS when you have a business and it gets busy you take on people to help you and they also make money. Is this concept that hard to understand?
Just my opinion.
Alan
P.S I sold Amway in the early eighties and made enough to pay cash for a house and car.
[ edited by alanuk on Feb 12, 2002 06:02 PM ]
posted on February 12, 2002 06:04:16 PM
Is this allowed on AW? It is called spam! Sooner or later this boards will be filled with "Make $5000/hr" messages.
I am not debating his/her "opportunity", but think it is the wrong board.
posted on February 12, 2002 06:10:51 PM
I don't think this is the wrong place for this. I have seen this poster before, he isn't new here. Since you have to use a credit card to register, I don't think we will be seeing that soon.
bettylou - Why do you expect them to pay for your listing fee. I think that is part of the risk (and there is risk in all business) - What do you expect the answer to be? Do you want him to come to your house an list the auctions for you as well?
posted on February 12, 2002 06:14:11 PM
I already see subscriptions being sold on ebay and I never see any bids on these. It is a mature market, you have to battle giants like Publishers Clearing House, even my credit card companies send me offers with my bill, but I get one year free trial. That's why midwestmags is getting out of selling the subscriptions hmself, let someone else waste their listing fees, and then get a cut of what sells. Brilliant.
See, you are right, we are a smart bunch. Smart not to take you up on your offer.
posted on February 12, 2002 06:24:43 PM
You will rarely one of my auctions with bids. We use the buy it now feature and 98% of our auctions end with the first bid. Do a search of my completed auctions and check out the sales percentages. You might be surprised at the numbers. As I have clearly stated, I am not going to quit selling magazines. The distributor program is a supplement to our business, and if I thought for a second that the distributor program would affect my sales to any degree I would not be doing it.
I appreciate everyone's opinion on this board. People are not afraid to make their opinions known, and I appreciate the people who support this idea, and the people who want to play "devil's advocate" toward it.
It's nothing more than an opportunity. Utilized properly it can be a profitable one.
Thanks for taking the time to read this thread. If you have further questions, email me at [email protected]
posted on February 12, 2002 06:25:44 PM
Why shouldn't they pay for the listing fee? Just send out a check every month to cover listing fee regardless of whether the magazines sell or not. The eBay seller will be using their time, computer equipment, eBay account, and the uncertainty of whether any money can be made or not.
If this opportunity is so hot, the request of paying eBay fee shouldn't even be an issue.
running a business on feeBay is expensive!... I for one wouldn't sell anything less than $20 this days.
...I forgot about Billpoint/Paypal fees.
[ edited by springmoon on Feb 12, 2002 06:27 PM ]
