Age: 17
School: a commerce student at Caritas Bianchi College of Careers
Young Post: Where does your money come from?
Wan: My parents give me HK$2,500 to 3,000 a month for pocket money. When I was in Form Four, I sold mobile phones on eBay and earned an extra HK$4,000 a month.
YP: How did you sell mobile phones online?
W: I have a friend who sells handsets wholesale. The cost of each one was about HK$2,000 and the market price HK$3,000. I bought in bulk (about 20 mobile phones for each batch) and paid about HK$2,400 for each one. I then sold them online for HK$2,800 each.
I opened an account with eBay and my target customers were foreigners since most local people won't be interested in buying mobile phones online. Many people in foreign countries live far away from shopping arcades. They are willing to pay a little extra and get their products mailed to their house to save all the trouble.