Stamps to Cost a Penny More
Terry
clams_casino
>http://ap.google.com/article/ALeqM5hjB4Dif5oP6LbcPH0zPJAIy37EugD8UOAH8O6
>
>
A way to make a million dollars - buy up ten million stamps at 41 cents
each & resell them at 42 cents.
vs. the ebay way - start with 2M & end up with 1M.
Terry Terry
That would work except for the postage costs. :)
Al Bundy
The way this usually works here is that you won't be able to buy
"forever" stamps or the new 41¢ stamps until after they are needed.
All we will see is the old stamps and a 1¢ "make-up" stamp until they
purge the inventory of the old stuff.
clams_casino
True. The eBay return will likely be only about 1/2M after postage costs.,
KarlMarx_MiddleClass_Ipod_HipHop
> each & resell them at 42 cents.
>
> vs. the ebay way - start with 2M & end up with 1M.
100 million stamps needed @ 1 cent profit on arbitrage
clams_casino
It's called eBay math. Millions of eBayers think they are making money
with the same math.
Drop_the_chalupa_RodSpeed
> It's called eBay math. Millions of eBayers think they are making money
> with the same math.
Too funny. Up there with some kind of SNL skit. LOL.
I still think everything is about cash flow. Musical chairs if you
want to call it that. That is how banks and credit card entities
blueprint their existence IMHO. As a seller, I am constantly looking
at cash flow as well as profit. The conundrum is when markets go bust
and sellers are stuck with inventory. In the case of stamps, that is a
guarded market. For a 2.439% gross profit, that is a heck of a lot of
merchandise to move though.
rick++
to make a profit at 2.3% margin. Each of the Ebay commission,
inflation and cost of funds is higher than this.
Most merchants look for 30-50% margin.