How to buy and sell online

online stores olx, gumtreeThousands of people worldwide have discovered they can start a business by buying new and used products cheaply and reselling them for a profit. Find out how you can join their ranks. A buy-and-sell Business is nothing more than purchasing cheaply new or previously owned products that we all need, use or want, and reselling these same items for more than cost.The Internet
A Google Adwords Specialist typically:





1. Sets up your pay-per-click advertising campaigns on Google Search, Google Display Partners, and Google Mobile Ads.
2. Conducts keyword research to create a list of keyword phrases on which you will be bidding.
3. Creates Adwords Ads that will run on Google Search, Google Display Partners sites (if desired), and on mobile devices (if desired)
4. Can tell you what keywords were entered into Google Search, that resulted in your ad being displayed

 A Google Adwords Specialist typically:

1. Sets up your pay-per-click advertising campaigns on Google Search, Google Display Partners, and Google Mobile Ads.
2. Conducts keyword research to create a list of keyword phrases on which you will be bidding.
3. Creates Adwords Ads that will run on Google Search, Google Display Partners sites (if desired), and on mobile devices (if desired)
4. Can tell you what keywords were entered into Google Search, that resulted in your ad being displayed

 A Google Adwords Specialist typically:

1. Sets up your pay-per-click advertising campaigns on Google Search, Google Display Partners, and Google Mobile Ads.
2. Conducts keyword research to create a list of keyword phrases on which you will be bidding.
3. Creates Adwords Ads that will run on Google Search, Google Display Partners sites (if desired), and on mobile devices (if desired)
4. Can tell you what keywords were entered into Google Search, that resulted in your ad being displayed

 A Google Adwords Specialist typically:

1. Sets up your pay-per-click advertising campaigns on Google Search, Google Display Partners, and Google Mobile Ads.
2. Conducts keyword research to create a list of keyword phrases on which you will be bidding.
3. Creates Adwords Ads that will run on Google Search, Google Display Partners sites (if desired), and on mobile devices (if desired)
4. Can tell you what keywords were entered into Google Search, that resulted in your ad being displayed

 A Google Adwords Specialist typically:

1. Sets up your pay-per-click advertising campaigns on Google Search, Google Display Partners, and Google Mobile Ads.
2. Conducts keyword research to create a list of keyword phrases on which you will be bidding.
3. Creates Adwords Ads that will run on Google Search, Google Display Partners sites (if desired), and on mobile devices (if desired)
4. Can tell you what keywords were entered into Google Search, that resulted in your ad being displayed

Makes It Easy to Buy and Sell

The proliferation of the internet gives entrepreneurs from every walk of life and from every geographic location access to a global audience of buying consumers, eager sellers, information, and resources as in no other time in history. The internet has not only made it easier to sell products into the global marketplace utilizing online sales venues such as bidorbuy, gumtree, olx, and etc.

The Advantages of a Buy-and-Sell Business

When you consider the advantages of a buy-and-sell Business over traditional retail or service-provider businesses, it quickly becomes apparent why many people have wisely elected to buy and sell, and why buying and selling will make up a large percentage of new business startups and the new economy. Consider some of these reasons.

  • Low investment.
  • Minimal financial risk.
  • Incredible profit potential.
  • Work from home.
  • Flexibility.
  • Minimal skill requirements.

Who Can Buy and Sell?

The answer is simple-anyone. One of the best aspects about starting and operating a buy-and-sell venture is that everyone is qualified. Buying and selling knows no boundaries-anyone with a need or desire to earn extra money, work from home or to start and own a business can buy and sell, regardless of age, experience, education and financial resources. This is perhaps what makes buying and selling the ultimate self-employment option for the vast majority of people; it’s cheap, easy, quick and proven to work and generate huge profits.



Buying and Selling Experiment

For this Experiment, i decided to buy one time items ( 5 VR Boxes ) on Bidorbuy.co.za. And sell them for a profit. The hole point of this Experiment is to see if you can really sell anything online.

The items : 5 VR Boxes

Where did i buy them? bidorbuy.co.za

Price: Price of one R79. Price OF 5: R 395

Corrier service: R156,5

Total cost: R 551.50

The actual bidorbuuy advertisement

buy and sell online - bidorbuy.co.za

My delevered VR Boxes

delevered from bidorbuy.co.za

delevered from bidorbuy

My plan

I decided to sell them for R 200 each, on gumtree.co.za and olx.co.za . If i manage to sell them for R 200, this means my profit will be: Cost of VR BOX plus corrier service: R 551.50, minus R1000; My profit will be R448.5; 81% PROFIT.

So the first listings went up just after 8pm on Tuesday 6th. I advertised on GUMTREE AND OLX

The actual advertisement on gumtree.co.za

selling on gumtree.co.za

The actual advertisement on OLX

selling on olx.co.za

WHY choose Gumtree and OLX?

They are popular and free to advertise on,

DAY ONE: Tuesday the 6th June 2017: No response:

DAY TWO: Wednesday the 7th June 2017: No response

Day three: THURSDAY THE 8th June 2017: No response

Day 4: Friday 9 June 2017

The first sale came after 14:00; the buyer saw the advertisement from Gumtree. He negotiated the price up to R155 and he bought 2 of them.

Same day: another customer came at around 16:30; He also saw the advertisement on Gumtree. He bought only one: R200

Day 5: Saturday 10 June 2017

For the first time, a customer who saw the advertisement from OLX called me, and he wanted to buy 2 of them. He negotiated the price up to R150. I gave the 2 of them to him for R 300. Now I was out of stock.

Same day: During the day, I was getting calls from customers who want to buy VR BOXES, until I removed the advertisements at 17:00. The experiment was over

Profit made? YES

days sold 9 JUNE 2017 10 JUNE 2017
NO OF ITERMS SOLD 3 2
Total maney made R 410 R300
profit made R 410 – R330.9 =R79.1 R 300 – R220.6 =R79.4
Total profit R 158.5 ( 29 % ) profit

The experiment was a success. Remember I only sold them for 2 days. And I was selling one product only. Imagine if I was selling different products, and selling them every day.