Everybody wants to know the secret why some people make a lot of money buying items and then selling them for profit on the Internet while others end up losing money. What is the secret? If you really must know, here it is—the secret formula for making money on the Internet. Buy something for x and then sell it on the Internet for x + y + shipping. We know, how droll. However, that is the whole formula. The secret to making the formula work is much more difficult. Here is that part of the formula. 1. You have to have “the eye” To succeed at making money buying and selling, you have to have an eye for value. You need to know you are getting a bargain when you buy and you need to know what it is really worth because that will be your selling price (plus a little more as a bargaining tool). You also have to be able to recognize something that will become more valuable with time. It also helps to have an eye for junk, knockoffs, and con artists. 2. Remember it is a business Even though buying low and selling high can give you the same high a gambler gets from hitting a Black Jack, you can’t afford to gamble with your business. You have to have discipline and you need to keep track of your inventory and cash flow. You will also need a warehouse to keep your inventory safe and secure. Our self-storage units make the perfect warehouse for items you are waiting to sell. You will have plenty of room for shelves for the smaller items and room to spare for large items and boxes. 3. You have to get smart Even though you have the eye, you still have to become educated. Part of your “eye” is the amount of study you put in everyday. You have a specific set of sites and you study everyday for trends and rumors. You pay attention to what people are saying because hidden therein could be hints of what is getting hotter and what is losing its value. You don’t study what happened last year, you did that last year, you listen to what people said this morning. Yeah, not only do you have an eye, you have an ear and a brain to sense the patterns that are forming out in the Ethernet. 4. You have to be patient Your neighbors might have heard about the ugly little painting of the infant boy that you bought for $10.00 and sold for $5,000. What they don’t know, is that for every big sale, you have 50 or more sales that were more modest. You also have several hundred items in your storage unit, waiting for the right time to sell. It’s not like your inventory is like wine, but some of your items have to age for a few years before they hit their maximum value. You are willing to wait and leave these items in storage until then. US Storage Centers is pro business. We like being the warehouse choice for Internet sales artists.
