So, they are kind of big. And I have bought $150,000 worth of product from them, so I know how it exactly works, how much you will make, what to avoid, all the steps to getting setup, etc.
You will make double to triple what you paid, because people on ebay pay about 63% of the regular store prices (from various calculations I have done in the past over thousands of products).
STAY AWAY FROM:
Only Plasma TVs and Sear's Microwaves..
Everything else is pretty awesome, from what I know.
GETTING SIGNED UP W/ GENCO:
You probably know this, but to sign up with genco, you have to have some sort of business and you have to fax in some contract you sign.. Like 15 pages of contract, which repeats itself sort of.. Just sign and fax..
After this, they give you a username and password and you can see the "manifests" or lists of products..
Here is an example list.. Remember, you do not pay the "Ext Cost" shown on the right, but actually about only 30% of it... So, probably about $600 for the below..
The bid actually starts at 10% of the "Ext Cost". So, if you are lucky, you can get it under 30% if no one else bids.. Pretty rare, but I do believe I have won a couple really cheap, like even under 20% before..
Not sure if you can understand all the abbreviations below, but here is an example:
SON HTIB, HTDDW700 800W = Sony 800 Watt Home Theater in Box Model HTDDW700. Just punch in HTDDW700 on ebay and you will probably find it selling..
||Sears Auction Grove City OH|
||3L BATH,QL POL CHR DORIAN
||3L BATH BAR,MN LNR IRN OX
||VANITY 3L,MF PERUV IAN BZ
||TV 20", KV20FS120 SONY
||SNY STEREO, CMTNEZ30
||JVC STEREO, UXG50
||SON HTIB, HTDDW700 800W
||SNY HTIB, DAVDX255 1000W
John Johnson <LeadManagement@austin.rr.com> wrote:
I spoke with you a while back. How do I go about finding/buying trailers of resalable items?
Thanks for your time.