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The Ebay Challenge

A few months ago, we had a challenge at work to see who could make the most money from Ebay, by selling things they had bought from a pound shop. We spent up to £5.00 each, buying up to 5 things, and sold them to see who could make the most money back.

I won, (obviously,) even though I only made about £2.80 back. I only bought 4 things, and only two of them sold. For some reason the James Bond replica car and and an old peoples "grabber" were more popular than sexist fridge magnets and a toy frog. The world is a bizarre place.

Recently the idea for a rematch surfaced and, as there are now more work colleagues interested in playing along, it was decided that some clear updated rules were needed. So here they are!

The idea:

  • To buy things costing no more than £5.00 in total, sell them on Ebay and see who makes the most money.

Buying:

  • You can buy as many items as you like, as long as the total spent does not exceed £5.00. (You could get five items from a pound shop, or two items from two different shops, as long as the total spent does not exceed £5.00.) You are no longer limited to pound shops.
  • If you buy item(s) online, only the cost of the item(s) will count towards your £5.00 total, not the postage.
  • Items can be bought and listed on Ebay up until the 23rd June.

Selling:

  • Everything you sell must be sold on Ebay between June 1st 2010 and June 30th 2010.
  • If an item does not sell, it can be relisted, but unless sold by the competition end date it will not add to your end total.
  • Whoever makes the most money, not including amounts charged for postage, is the winner. (Even if the total made is less than the total initially spent.)
  • On June 30th, Whoever has made the most money from the sale of these items is the winner.

If you fancy playing along, let me know!

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