I am often asked if there is profit selling dvds , cds or books online. My answer always is there is little profit margin found in selling new product. But if you consider buying and selling USED there is opportunity there for you still. This business plan calls for a little work upfront to search for product. You will need to ferret out used dvds and cds at garage sales and thrift stores.
Your main challenge will be buying the right items when you are on the road at a sale. Some prices may be worthless and others could be out of print and carry great value. As long as i have been in the business i still am not able to determine which items are buys. It makes no difference if you can recognize an item as popular or as newer or old. A database of market prices is necessary. If you utilize technology and come equipt with your Android powered mobile phone with its built in camera you can quickly scan barcodes quickly at garage sales to determine value. Just goto the Android Market to download MediaScanner. Its a free app.
Want to find out if it is worth while buying that Mary Poppins DVD for $2 at a yardsale? Why take the chance buying it if it is only worth $1.00 on the internet? With MX123 mobile access you can access prices by entering the 12 digit UPC number for the item into your mobile phone and find MX123 will pay you $7.00 when selling this item; and the lowest Amazon Marketplace price is $13. Yes it is worth the buy!