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Hello everyone,
I’m an IT consultant and often find myself listing old tech equipment/parts that I recycle. Of late, one part which always sells are Intel computer processors (CPU). Certain editions always sell within 5 minutes of listing, which is a good problem to have.
My question is what are people using to jump so quickly on these listings. I know I’m basically wholesaling my parts to them, but I just need to know what they’re using that finds these listings so quickly.
Thanks,Damien
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Since it’s that quick, my bet is on repair shops/resellers botting search for certain terms and pulling the trigger if the price is right. The eBay developer API has everything you need to search for and buy items without lifting a finger and can be great in a case like this. I’ve done it before, but I didn’t hand the keys over to let the bot actually buy stuff (didn’t need a mysterious $1xx PayPal charge popping up.)
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I know of at least a few wholesale shops that have full time employees that spend their days searching eBay and buying every example of particular items below a specific price that are listed. In my experience, it is particularly common with old cameras and video games. They buy using normal searches or through automated alerts.
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It has to be automated somehow. I listed one processor last week and it sold within 2 minutes. Like I said, it’s a great problem to have. I’m just wondering how it’s possible. There are so many different models of processors, they must have extensive lists automated for searches.
Thanks for the input.
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The simplest way would be to use: https://www.ebay.com/myb/SavedSearches
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That’s normally the case for the really old ones. Many buyers do melt those down. However, the ones I’m selling are still useful. I emailed one buyer, and he simply responded with ‘I use it.’ I’m noticing most buyers have some kind of China connection, when I Google the business or shipping address.
I know I’m just wholesaling to them. I just wonder what grander scale I’m missing out on and how they’re able to find the listing so quickly.
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When you google the processor part, does it pop up in forums or for sale on other platforms? At the least, you may want to bump up the price.
Dont now which ones you sell, but dudes are definitely making money selling in lots:
https://www.ebay.com/sch/i.html?_from=R40&_nkw=intel+processors&_sacat=0&LH_Sold=1&LH_Complete=1&_sop=16
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The thing is I am getting it’s market value on the individual unit, but i never get enough stock to sell in lots like those. I guess I’ll just keep digging. I’m going to try messaging some of the buyers as well. Maybe they’ll be in the mood to chat.
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