http://asawmy.blogspot.com/2007/09/how-to-make-500000-profit-on-ebay.html
From the website above....
For those who keep scouring the Internet looking for ways of become rich beyond belief (may be an exaggeration), this will be either interesting or infuriating. Or maybe a combination of both.
Basically, one lucky guy was able to make an incredible profit on eBay by buying a rare item for a negligible price, basically ripping off the original seller at the same time. He was hence able to buy an item for less than $400.
Original auction
This happened because the original seller stupidly made a typo in the listing, which happens rather frequently on eBay. In this particular case, he listed "ALLSOPP" as "ALLSOP", which means that his item would not be returned by users making a search for ALLSOPP items. You'd think people who are about place to an item for sale on eBay would at least ensure that the items are properly listed. I mean, it doesn't take that much effort to read a small paragraph at least thrice.
Taking advantage of this typo, one guy won the auction for a mere $400 and went on to resell the item for a staggering $500,000+.
Second auction
If I were the first seller, I'd be seriously pissed off. However, this also shows that simple mistakes can be costly (quite literally in this case!).
And for those who also wish to take advantage of silly typos made by sellers on eBay, Auction Intelligence is an excellent site that will return the misspelled listings found on eBay.
From the website above....
For those who keep scouring the Internet looking for ways of become rich beyond belief (may be an exaggeration), this will be either interesting or infuriating. Or maybe a combination of both.
Basically, one lucky guy was able to make an incredible profit on eBay by buying a rare item for a negligible price, basically ripping off the original seller at the same time. He was hence able to buy an item for less than $400.
Original auction
This happened because the original seller stupidly made a typo in the listing, which happens rather frequently on eBay. In this particular case, he listed "ALLSOPP" as "ALLSOP", which means that his item would not be returned by users making a search for ALLSOPP items. You'd think people who are about place to an item for sale on eBay would at least ensure that the items are properly listed. I mean, it doesn't take that much effort to read a small paragraph at least thrice.
Taking advantage of this typo, one guy won the auction for a mere $400 and went on to resell the item for a staggering $500,000+.
Second auction
If I were the first seller, I'd be seriously pissed off. However, this also shows that simple mistakes can be costly (quite literally in this case!).
And for those who also wish to take advantage of silly typos made by sellers on eBay, Auction Intelligence is an excellent site that will return the misspelled listings found on eBay.
