Whether you’re looking to resell classic games or newer games like PS2, PS3, Xbox, or Wii, there are some simple tips to help make your wholesale eBay video game purchases profitable.
Tip #1 Know the average sales price of games on different systems. For example, if you were looking for large lots of Nintendo NES, then you should know the average price of NES games. Make sure you don’t bid so much that you no longer have a profit. By going to the advanced search function within eBay and clicking on the “Completed Items” option, you can search for auctions that have ended and see what items sold and for how much.
Tip #2 Look for small to medium size lots, quality is usually much better. Lots with thousands of items will attract a lot of attention and will likely end up being overpriced scrap leftovers. In my experience, sellers with large lots tend to target new sellers on eBay who are looking to buy lots of inventory at once.
Tip #3 Look at the seller’s profile. See if they are video game sellers themselves, if so their lots are probably leftover inventory that they couldn’t sell. Unless you have a different selling strategy, steer clear. The person you are most likely to get a deal with is your average person selling their game collection for some quick cash.
Tip #4 Look for quality titles. They don’t all have to be rare titles, but there are a few that you should stay away from. The main one is sports titles, let’s face it, nobody wants to play Madden 93 anymore. Why would they when there are so many better soccer games out there? Also, stay away from games based on movies, most of these are terrible with a few exceptions.
Tip #5 Look for sellers with Best Offer enabled. even if Buy It Now is high many times over, you can negotiate a price that makes both of you happy. Remember that wholesalers can’t expect to get full price for their lots and you as a reseller will have to pay more in shipping and eBay fees than a wholesaler when you negotiate, don’t be afraid to drop the price. The worst they can do is reject you and leave a nasty message and who knows, you might get a steal.
Tip #6 Look for bad descriptions. Sometimes a lot is overlooked because the seller hasn’t described it very well. You can search for these types of lots and just send an email with any questions you may have. Another example is when a seller doesn’t describe what games are in the lot, but just takes a photo of all of them. Many buyers won’t bid because they won’t take the time to look at each kit pictured, leaving you with a bargain.
Well, those are some of my tips for finding good wholesale deals on video game bundles. I hope this helps.