That's the one mindset of CAG that I really don't understand. It's OK if Gamestop marks a used game up for 2x to 4x what they paid for it, but if an individual does it, it's somehow perceived as wrong.
Well, I think the difference there is that gamestop employees aren't running around target with 15 copies of Price of Persia in their shopping cart LOL. Seriously though I think that is what seperates "flippers" from a place like gamestop... the games come to gamestop, they're not looking to pawns and clearance aisles to stock their shelves. Flippers, on the other hand DO prey on various stores to bolster their inventory, to which some would say is robbing the rest of us of good deals. Yeah the ethics of that are a whole other discussion entirely, I just wanted to point out the difference.
Anyways, back to this whole issue. I have NO problems with people making a living by flipping, I just don't see HOW. I mean, consider the following:
-Pawn shops/goodwills can and from my experience DO run dry from overuse. You might find something of worth here or there, but it might hardly cover the gas you had to pay to get there(even when it's part of a trip you have planned out).More importantly, alot of the shopkeeps aren't too sweet on someone making a profit off of their business, some of them might start to put alot more effort into their game pricing... that's what they've done over here.
-Blockbusters take a long time to replenish their stock, and in my opinion are currently stuck in a state of "flux" where they've mostly rid of their older valuable games and are still pricing their newer games competitively.
-Craigslist can be sporadic. You won't always find a good deal in your area, plus you usually have to be on the ball to catch CL and other online deals, if someone gets to them first you're screwed. At the same time, constantly checking a web page for deals might conflict with your other duties.
-Ebay can be reliable but it's a longer process.
-As was stated before, clearance items from the various retailers get over-saturated on the market. A profit can be made in you hold on to them until the "flip rush" dies down, but that can be a drain on expenses in the meantime.
-Unless you manage to train someone who can take over for you, being able to take time off for vacation or whatever is a pipe dream. Unless I'm wrong here, there isn't an option to put your listed items on "hold" for a week, and while you can put off messages from buyers and such it might not bode well for your service rep.
These were issues that I've experienced just while flipping part-time, about 32 hours a week(15 shopping, the rest selling, testing, shipping, etc) with about 25 go-to spots existing within roughly a fifty mile radius. Even if I was to double my working hours to take on flipping full time I would by estimate only make about $200 than my current living expsense(rather not get too personal, but for perspective I'm a single part-time student, living on his own without roomates in a moderately priced city on the cheap). Yeah, you can doubt my skills as a flipper, but I'd like to think that my tactics are just as aggressive and similiar to everyone else. Like I said, I have no problems with someone making a living off of this, I just don't see how it's possible. Scraping by month to month? Yeah I think that's possible, but providing for a family? Or putting away for retirement? I don't think that's possible, and considering that you can get some of these things from working a regular joe job with the same effort(or possibly less!) I think it's just not worth the investment. I still see it as a great on-the-side job.