ebay millionaires

Yes. They sold snake oil.

I got 2k for a box set of WW1 dvd's given away in the Daily Mail many years ago.

You'd need to shift 5,000 of them, Ken.

Was just illustrating how easy it is mouse.

I believe Angoose collected the same DVD,S about 10 years ago, before he vanished from Betfair. ;-)

That was a bit silly Kenny, I got 10k for mine

ha ha ha, sorry I meant 2k each.

still stuck in a drawer actually, never watched 1.

"ebay Millionaire" is a term invented by eBay you'd think to market ebay and lazily repeated by the media. It's gross amount sold over X years since the seller started.

You sell £100k a year of stuff with a 10% margin making 10k just a year over 10 years and you're an "ebay millionaire", and that's not including any taxes on income to you. 10k a year isn't something to buy a ferarri with. Ok lets say it's 20% margin but ebay take .. 10%?

And of course unless traders doing a large enough amount of trade stop trading, the % of people crossing that margin over time is going to mushroom as they start passing the magic number. I'm not saying selling say 100k a year is easy, far from it, but it doesn't mean the person doing it is richer than someone working in a call centre.

I'm surprised anything ever sells  on that site  ...looks like a load of old tat for sale  whenever ive looked in

Loads of shops sell there now "buy it now". Big retailers as well like argos and well known electrical shops.

Ebay make their money off a % of turnover so that is why they want to make it the key number in the mind of their customers. Selling high margin stuff in low quantities is not what Ebay want.

I don't get it?

Have you tried Tinder?

That's better....thought you were ill

swipe right Leo

Don't need a fire ...24 Degrees today in Ealing today !

Any Betfair millionaires on here ...

About 15 years ago I sold my 1966 world cup ticket stubs from the 3games at old Trafford  on eBay one for £48 ONE FOR £30 and one for £28 .
I think they only cost around 10 Old shillings and i,saw the games .they were Bulgaria .portugal.hungary and someone else I forget who

I had a ticket for the Portugal Korea tie that Portugal were losing 3-0 and went on to win .I waited for the bus but it was full and the next one was too late  so I went home .I don't know what happened to that ticket .

That was at goodison park liverpool

I remember the 1966 World Cup, yes it was great Do Wah.

I was working the day of the final, I kept checking up on the score, they showed the replay in the evening.


Those were great days, the swinging 60's and we won the WC, thia country was a lot happier then.


Anyway I got to feed the cat.

You sell £100k a year of stuff with a 10% margin making 10k just a year over 10 years and you're an "ebay millionaire", and that's not including any taxes on income to you. 10k a year isn't something to buy a ferarri with. Ok lets say it's 20% margin but ebay take .. 10%?


Ebay take 10% on the sales price and postage. Paypal take an additional 3% (approximately).

Do not forget to pay your tax either....the Inland Revenue will come after you.

I know someone who did not pay his tax, he had to pay in the end and also pay an accountant to sort it out for him, not cheap

Tax is like Death very tricky to avoid.

UBLE/REGY    28 Jun 19 12:58 
Tax is like Death very tricky to avoid.

You need to change accountants! - google Bermuda, Caymen Islands, Jersey, etc.

Failing that send a PM to Jacob Rees Mogg - his soul died 200 years ago (he is still wearing the same suit) but he can vouch for the fact that avoiding tax is like shelling peas if you know the "right" people.

Tax is like Death very tricky to avoid

Wonder if that holds for tipsters. One I follow is absolutely raking it in via Payp@l.
I'd be amazed if he's declaring it

He has paid it now the management

I should have that post up earlier...ta anyway

that is not punthub is it Knight Commander?

He keeps sending me emails, but I have not bitten as yet

No mate, sorry.

This guy's on Twitter. Can PM his details if you wish.
Trouble is you have to be quick. He's got over 400 customers and moves markets in minutes.

If he shows you a profit Knight Commander

You do not have to....

I need to win some money

Don't we all

An Ebay millionaire isn't going to be literally a millionaire as has already been said. Like any power seller who has been around a long time will be an Ebay millionaire but how much do you really think they've made off it. Taking into account all the fees margins on Ebay tend to be ultra small due to all the price competition.

I was at a company that was selling like just over 100-150k of stuff a month on Ebay and after all costs it was making like £70k a year, and they were a registered charity which meant they paid zero fees (something I think might have changed now, but not totally sure).

To be an actual millionaire from Ebay you'd have to either have a huge margin which I would guess would mostly come from dodgy goods in the first place as there's a lot of fake items on Ebay that probably have a huge margin or be doing like a million a month in business which I doubt many accounts are.

I sure would like to how to deal on that one. Just for getting rid of some my junk would be a nice way dumping it.
I just don't have a clue with stuff like that.

Apparerently people sell over facebook called "facebay", I only learned recently. I despise facebook so don't expect me selling my tat on there any time soon.
I do like ebay though, it's fantastic for finding odd little things without all the hassle of having to sign up with individual retailers etc, the internet needs an ebay. Facebook can go * itself.

I've been selling stuff on there for a few years on and off, and its a bit of fun doing it.

You do pay about 13% in fees to ebay and paypal but you can still do okay just flogging your own junk.

(There was a time when you didn't have to offer paypal as a payment method so you made a bit more profit).

Just put in your ads saying you post goods every Monday or whatever (so that saves going to the post office every day),

buy your wrapping, sellotape, bubblewrap and a set of weighing scales cheap (on ebay!) and away you go.

Ericster - there's a walk-through video on ebay telling you how - and once you get started it gets easier.

Sellers have to cope with items going "missing" in the post. Imo, stuff rarely goes astray; more likely they are nicked by a postal worker or the buyer is trying it on.

I've noticed many sellers who previously sent items by standard delivery now using signed-for. I bought something from one such person and genuinely did not receive the item. He refunded me but the next time I tried to bid on one of his auctions, I found I'd been blocked!