Over the past month, I’ve sold four iPads (all iPad Air 2) and the funny thing is, I wasn’t even trying to sell them!
It all started when Staples had an incredible deal on iPads. The iPad Air 2 64GB was $150 off at $449 plus tax! At the same time, eBay had a deal for 15% off Staples gift cards. In addition, I also received a targeted 4x eBay Bucks offer equivalent to 8% rebate. On top of that, I had a number of eBay gift cards acquired at close to 14% discount! And it didn’t even end there. United.com shopping portal had an increased payout of 3x miles for eBay purchases AND I also received 5% Staples rewards. The stars were all aligned that day when I decided maybe it was time to upgrade my 5 year old iPad (2nd gen).
So I bought the iPad for about $250 out of pocket!
Now knowing me, I’ll always try to sell it first since I don’t really need another iPad. So I listed the iPad for sale at $500 and sold it immediately! Over the course of the last few weeks, there were several other iPad deals on eBay that coincided with increased 4-5x eBay Bucks offer. They were nowhere as good as the first Staples deal, but anything less than $400 out of pocket for an iPad Air 2 64GB was still great. The Apple Store is still selling them for $599 + tax. So I’d get one and see if I could sell it. If it sold, great. If not, then I’d keep it since I’ll probably need one at some point in time when my 5 year old iPad dies.
Well, after a month, I’ve sold four iPads and I have two more arriving next week. The profit for the first four iPads was about $480 which will go towards FPT Gift Box’s vision of helping kids with severe medical condition/disability. I’ll probably keep the 5th iPad (unless someone wants it for $500) and donate the 6th for a worthy cause.
If I see any more of these iPad deals again, I will absolutely buy more. As we near the holiday season, I’m sure I won’t have any problems selling them. I’m also considering adding a section to my website for people to request my service in acquiring discount goods. That way, the acquisition & sale happen simultaneously and I don’t have to keep an inventory. It’s really a win-win. People get good deals buying from me and I can raise some money to help kids while having fun doing some extreme gift-carding.
That’s what “The FPT (5+2) Model” is all about – turning limited resources into abundance and blessings.
Support FPT Gift Box
If you like what you're reading and learning about here at FPT Gift Box, be sure to subscribe to the blog via RSS or email (top right of the blog) and check out the many ways you can support FPT Gift Box!.