Difference between revisions of "Business"
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Revision as of 22:43, 16 February 2008
What I failed to mention in the last post was that although I had made $400 from the sale of entrecredits I spent roughly $250 doing so. That means I netted about $150 in the last 2-3weeks from the sale of entrecredits. Don't quit your day job yet ;) The average price I received for a 5,000 credit auction was $38.40. If you take that amount and minus out the eBay fee and Paypal fee I am looking at about $35 in the bank. With that said. The credits on eBay are selling for roughly .007 each. When I buy credits from others or off of eBay I never pay more than .006 for them. These numbers I am sharing come for the average of 7 auctions. I feel the auctions can bring in a bit higher price if I had listed them all at optimal times. Some of the auctions were placed at poor times and for short durations. For now I will stick to the eBay 101 guide for auctioning things.
Entrecredits are Profitable
I have posted over 50,000 credits on eBay roughly to the tune of $300 in the last two weeks. Along with the credits posted on eBay I have a few deals worked out with people for a discounted sale of credits totaling another $100+. In all the last two weeks have made me over $400 in entrecredit sales. Sadly, this is not the most I could do. If I were to up how many accounts I have and purchase more credits I would venture to guess I could probably make another $100 a week. So there you have it. Entrecredits are profitable.
Major auction to come on eBay
I am planning on collecting credits for a major auction on eBay, I am talking a lot more than 10,000 credits here. So to say I am well on my way and should be posting the auction on eBay in about a week. If you would like to be on a mailing list for this auction please send a quick message to MDWbusiness@gmail.com I have had quite a bit of interest in this and would love to make this a big event. Until then I leave you with one more auction on eBay. "5,000 Entrecard Credits" I have started the bid at $1 and want to see where it goes from there. Check it out and happy bidding. Update: I am to inpatient to hold out for a large auction at this time and dont feel like buying that many credits and sitting on them at once.
Auctioning Entrecard Credits on eBay
After the success of selling the first batch of Entrecard Credits here on the Million Dollar Wiki I thought I would try and auction the next set. Here is the link for the auction "10,000 Entrecard Credits" I have started the bid at $1 and want to see where it goes from there. Check it out and happy bidding. Update: these sold for $61, meaning more money to be made in smaller dominations.
<entrecard id="156" size="250"></entrecard>