Simplx Blog

The question I see the most from Simplx customers and probably the most widely misunderstood concept about how the Simplx program works is grounded in the following 3 statements that I see too often from Simplx customers.

Simplx just links me to retail stores that anyone can buy from.

Why would anyone buy products that I list on eBay at a higher price if they can get that same product at a lower price from the same retail store listed as a Simplx supplier?

Simplx only provides me 2% cash back on xyz supplier that I use to list my products, which isn’t even enough to cover my eBay and PayPal fees.

The fallacy in these statements leaves new Simplx customers believing some of the statements I posted and addressed in the blog a few weeks ago, “Is Simplx A Scam?”  Which again, it is sad to think that Simplx is the perfect way in this down economy for people to find financial security, but some don’t end up doing so because they start to believe their own lies.  It is easy for me to boldly discredit some of the fallacious comments and naysayers I have seen over the years because of the many successful Simplx customers and my own personal Simplx eBay account.  My personal success is unique, but not impossible for other Simplx customers to achieve.  I don’t have any other tools or resources that other Simplx customers don’t have.  The primary reason for keeping active in the eBay community with my Simplx account is to stay on top of the changes that eBay makes and provide new information, knowledge, tips, and tricks to Simplx customers.  I wish every Simplx customer has the same eBay success that I have had, which if you look at my increasing volume and profit margins this past week I calculated I am running a $7 million to $8 million year business with the efforts of only 2 people.  Our company, Simplicity Group, which owns the Simplx product has had similar growth over the years and has been recognized by the INC 500 for a couple years in a row, but it took 50 to 80 employees to do so.

Here are 6 reasons I have identified why people are willing to pay more for products on eBay than what they might be able to get it for at the same retail store you will use to fulfill their order.

1.  They can’t use their Paypal account at the retail store.  Many people consider balances in their Paypal account as funny money and prefer to buy on eBay to be able to spend it.

2.  They don’t know that product is for sale at that great price from the retail merchant you found.

3.  They get cash back from a program like Bing.com that ultimately makes it cheaper for them to buy from you off eBay than from a retail store.

4. They have an eBay coupon or PayPal coupon that they want to use to make the purchase that ultimately makes it cheaper for them to buy off eBay.

5.  Many people prefer the ease and convenience of the checkout process and payment process of eBay rather than having to set up an account to purchase from a different website and then find their credit card to make the purchase.

6.  EBay and PayPal go to great extent to provide protection and warm fuzzies for people purchasing from you off eBay that other sites may not be able to offer.

One or a combination of these reasons provide plenty of available customers for you that would be willing to pay you $210 for an iPod that you have a big box retailer fulfill for you at $199.  Make sure you mark the item as a gift item during the checout process so they don’t know what you paid and make sure you get your 4 or 5 percent cash back from Simplx and another 1 or 2 percent cash back from your credit card to help cover your eBay and PayPal fees.  It takes you only minutes to fulfill an order that you don’t have to store in inventory or purchase in advance, and if you can make a $10 profit for minutes of your time then you are on the right track.

This past month I have discovered a whole new world of international selling that I will dedicate a future blog to discussing in detail.  I have seen my average profit per item increase from $15 to $20 to closer to $50 or $60 per item.  Over the years I explored the international realm of selling just a few times and after getting burned once that was enough for me. PayPal has improved their security and seller protection since then and I think every Simplx customer should take advantage of international customers to some degree.

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