3 Strategies to Make Money Flipping Watches
Making money flipping watches is easy which is why I have over 3,000 students inside my Watch Conspiracy platform, including some of my best students making close to $15,000 per month in profit.
There is a big misconception out there that watches depreciate and all luxuries are liabilities.
For the past 10 years, I have educated massive audiences on what I call my “Wealth Transfer Method” that allows you to transfer (not spend) your money on watches as a means of making a profit rather than losing money.
Today, I want to teach you the three key elements that allow my students to make great money on their watch trades.
1. Buy watches the general public wants.
Some of my best watch deals have always been more well known models out there like the Panerai 88, Hublot Big Bang, Rolex Submariner, or Audemars Piguet Panda.
Your best clients are not other watch enthusiasts, but rather normal people who will want a great deal on their dream watch.
To us watch people, everything comes down to the bottom dollar and resale.
To the average person, its about saving money on their watch, not getting bottom cost.
So more popular models do better with wider audiences, while more niche boutique models do well too, but sit on shelves for a while.
2. Buy less than perfect watches and make them perfect.
No one likes to buy incomplete watches, or damaged watches.
Most people don’t even know how to change the strap on their watches or how to go about it.
This is why people pay a premium for great mint condition watches and also the reason why incomplete watches sit longer and bring in less of a premium.
This creates an opportunity for you to identify such watches, buy them much cheaper, polish them and replace any needed parts like bands or screws only to resell for a premium.
One of my best watch deals was buying a Panerai 88 for $2,700 because it was missing a box, and was in terrible condition.
I found a used box on eBay for $100 and polished the watch back to new only to resell it for $5,600 a week later.
Damaged or poor condition watches allow you the opportunity to get a better margin if you can repair for fractional costs.
3. Buy from people, not jewelers.
While thousands of incredible deals can be found all over the internet, the best ones come from people who often are selling their main watches.
Identify them by looking for key phrases like “worn for 3 years and want something different” or “loved it but sad to let it go”.
These individuals typically have much less attachment to the money and are more interested to buy their next watch.
Since their lack of funds is usually requiring them to sell one to buy another, their willingness to sell cheaper increases significantly and opens an opportunity for you, the buyer, to flip their loss.
These are simply 3 of the 100s of strategies I teach in order to create some incredible side income working 1 to 2 hours a day from your home or cellphone.
A great opportunity to make some extra cash while enjoying the luxury lifestyle and allowing your hobby of wearing watches to open doors everywhere.
I want to teach you how to do this for free which is why i have put together an incredible training to help you do so right now.