Some tips from our bargain shopping guru

Posted by Professor Jim | Posted in Secondary Market 101 | Posted on 05-05-2010-05-2008

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prof jim Some tips from our bargain shopping guruSuccess in the secondary market – finding the best possible deals – takes hard work and lots of patience.  Here’s how to work the Web for maximum savings:

  • Find sites you like and trust, and visit frequently – at least 2-3 times per week.  Here’s why.  Liquidators carry what becomes available through retailers.  One week, it might be large-screen TVs, the next week laptop computers, and a week later talking teddy bears.  If you’re shopping for a specific item (a boom box, a camera, an entertainment unit), you need to visit frequently and monitor the sites until such an item appears. 
  • Do your research.  Check the flyers in your Sunday paper, and be aware of the retail price of the product you’re hoping to find.  That way, you’ll know instantly if a real bargain appears, or if a deal isn’t really a deal.
  • Understand who pays for shipping.  Most secondary market sites require the buyers to pay shipping costs.  Make sure you add the shipping costs to determine a total price.  And when a site offers free shipping deals, jump on it!