Capitalism Runs In The Family

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My wife has been posting some items on craigslist lately… and I think she is becoming addicted to it.

She put my 8Gb ipod touch for sale for $100 – 1/2 the price I paid for it and quickly got a dozen replies. Guess what she did?

1) She sold it for the price listed

2) She told people the $100 ones were all done but there was 1 left for $150

3) She emailed all of them back and told them the highest bid wins.

Which do you think she did?

Btw we have almost 400 dvd’s and tons of xbox360 games going on firesale on craigslist.  Its kind of scaring me how much she loves selling stuff on craigslist.

72 thoughts on “Capitalism Runs In The Family

  1. Greg Ellison

    My dad uses craiglist to get all the junk out of the house for free. My mom has bought things on there before. Don’t let her on ebay if she likes craigslist. LOL Greg Ellison

  2. The Bad Blogger

    I have heard a few marketers using craigslist, but I’m not really sure what was that? may be you could write a post about what this stuff is and how we can benefit from using it….

  3. Ricky Peterson

    Shoe i am sure she have emailed all of them with the status of Highest BID and I guess she must have invited new BIDS to see if she can sell your 8 GB for most.

    Let me know if my Guess is right ….lol

  4. My Life as I See It

    Dunno what she did… but dude, next time you have an 8gb iPod touch for sale for 100 bucks… shoot me an email : )

    And when buy and sell Tiger Woods 2010 for the Xbox 360, shoot me an email hahaha

  5. Ekey

    Interesting idea, if i ever get into selling that many items of the same nature, i’ll keep that in mind. The big guys already do this type of thing, but it seems pretty easy looking at it from a small fry’s perspective too, as long as you don’t sell too many at too low a price first.

  6. Adam Baird

    So you play 360 and you love UFC??? 2 very important questions:

    1. Are you getting the new game that comes out next week?

    2. Will you fight me online?

  7. brian ostrowiak

    CL is def an interesting market place.. when ever i need to sell a car (that doesn’t qualify to be sold on my own site) I usually throw it up on there..

    Always get the craziest responses…usually a mix of
    1. Nigerian Scammers

    2. people ask really dumb questions (“does it have wheels?”)

    3. People who want you to take payments or donate it to them

    4. People who want you to trade ( I actually kind of like these cause you never know what they might offer… I’ve been offered hot tub repair in trade for a vehicle before)

    5.and of course there are the 100 people who want to come “look” at it of which half will show up and maybe one will buy if your lucky haha..

    Yet for some reason if you sell random crap like a mattress you’ll have a knock on your door within 15 minutes. (true story)

    I agree its fun and you sure meet some characters..

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  9. MarijuanaReviews.com

    I have been trying HARD for years to keep my wife away from both CL and Ebay.

    Next thing I know one day I come home and all my stuff is gone.

    The next day I come home and the house is filled with all new stuff.

    Oh and of course the new stuff costs more than the old stuff sold for. :)

    –Chubbs

  10. Bulbboy

    I’m guessing:
    Mrs.Shoe was originally going to do: 1).
    You suggested doing: 2).
    You both compromised on 3).

    Am I right?

  11. myddnetwork

    Wow, dude, congratulations!! It is really good to have a wife who likes to sell things instead of a wife who likes to BUY things (just like the other wives in the world) :)

  12. Master Craig

    I think she sold it for $100 as listed in the ad I think this because, as a woman, that is what I would have done. I think we generally do what we say we are going to do and re-think it after the fact and say da*n-it, I should have sold it for $150!!

    Suspense is killing me, what did she do?

    PS, I am looking for a digital camera if she has anything like that, tell her to give me a shout out. :)

      1. The Poker Jerk

        Yeah but that possibility wasn’t listed was it?

        She either went against the TOS, or didn’t. Show is hinting that she did, because that is what true capitalists do! Right?

    1. Hustle Strategy

      This is great. I would guess #1, or arbitrage would be the way to go and it wouldn’t be posted…

      Great ideas though. I know a few people that are #2 and #3’ers.

    1. almir

      some people don’t realize the importance of how valuable something is until they’ve bought it themselves with their own money.

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  14. Fun.ly

    You should autograph these items and put them up on eBay. I bet a lot of us would buy some of your stuff just cuz it says “Shoemoney” on it…

    maybe shoemoney mystery boxes of crap on ebay? :)

  15. MouthyGirl

    Well, Craigslist is easier to deal with than Ebay and goes much much faster. I sold a car on Craigslist in one hour for only $300 less than I was asking.

  16. Financial Help

    I completely agree, anyone name dropping to get something they want is a jerk. I’ve learned you really need to watch who you deal with online.

  17. seogis

    I never tried Craiglist to move inventory – if I can’t ship it, its too much effort.

    If anyone needs a great lead on source of returned electronics/goods, pm me.

    1. Michael Zhao

      Well, I think Craigslist is not as safe as Ebay, but it’s free…I guess that how it goes when things are service free…however, I use Craigslist over Ebay…Haa!

  18. Dr. ShoeMoney

    Here is what I did and why I did it:

    I got 6 replies within about 3 minutes of the ad going up. I immediately took the ad down since I realized I had under-priced it-my plan was to relist for 150$. But then I decided to just sell it. The first guy said he wanted it but didn’t have money until next week and also that he wanted to “look” at it. He told me all this after I agreeed to sell it to him, for 100$. Great. I told the second response that I had a buyer already so if he wanted it he could start bidding. (Probably against CL TOS but I am a newbie and didn’t know that. If you can sell massaages aka sex on Craig’s list, why not bait and switch on a ITouch?) He declined. I then responded to a third and said I still had it. He gave me his cell phone the next morning. Meanwhile, Dude who wanted me to hold it said he would buy it for 125$ IF I held it (I did not prompt him to increase the price, he did this on his own) So I called the guy I had a number for and said, “I am selling it for 125$ next week unless you will pay that price today.” He came right away and picked it up from ShoeMoney at the office since I was working. So I actually got NOTHING out of the deal since Jeremy pocketed the cash himself (he even denied the guy showed up) I know some people will think I handled it the wrong way. Whatever. I still got a better price. I haven’t sold much on-line before so I am learning. And FYI-I still haven’t seen the cash. But he did buy me P90X so we are even.

    1. gatorphan

      “I haven’t sold much on-line before so I am learning”

      How is this possible? Don’t you learn everything about the internet by osmosis?

      BTW, Let me know if you are selling a netbook – I have 126 big ones with your name on it (and I’ll make sure it goes directly to you.)

    1. Rachael

      As a fellow doctor and nascent fitness freak, I can’t spread enough love for p90x! It gave this 110lb weakling muscle definition for the first time in my 40 years of life. Hooray Tony Horton!!

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