01 January 2009

Recession Tip #1 - Amazon Seller Account

Practically everyone I speak to about Amazon thinks the site is just one big company selling loads of stuff, gradually expanding in to new markets. Some say they have noticed the "Used and new" prices but very few have ventured further.

So, how can you as a consumer benefit in the Recession?
  • If you insist on buying something new - for example, the item is a birthday present for your mother-in-law and you want to avoid a family row. Check out the "used and new" prices - often there are shops selling surplus stocks at lower prices, but still New items. Remember Amazon are crafty because they have full and easy access to these prices and can alter their own selling prices accordingly.
  • If you just need the item, and want the cheapest price. Check out the "used and new" prices - significant savings to be made, but remember you pay post on all items.
  • If you only need the item once, for example a DVD. Buy it new (see above) and then re-sell it on Amazon Market Place. The difference is your rental cost of the item - compare that to Blockbuster or similar.
  • You have items at home in very good condition but you don't need them, particularly books. Sell them on Amazon Market Place.
Amazon Market Place - The selling costs are a little higher than eBay, but only charged if you sell the item. The ease of listing is staggering, and the items are listed until they are sold, with a standard 90-day period and easy re-listing process. See my current listing of books for sale

Look out for more Recession Tips soon