How does magpie music make money

At the time of writing, it had over one million items listed on its eBay store alone. Music-industry veteran Oliver founded the company with old Stockport friend and fellow former workmate at high-street retailer Music Zone, Walter Gleeson, in late , just as the financial crisis started to take hold in the UK.

For half of those items, it holds just a single copy at any time. This razor-thin stock margin is maintained by an algorithm that sets prices by analysing the rate at which an item is sold, its cost and what it sells for on other platforms. The result? Big profits. Making a good margin on the classics is critical, since musicMagpie accepts everything sellers send.

Sellers make a fraction of what they could earn from selling directly on Amazon or eBay, but they benefit from the convenience of getting rid of everything in one go. Since musicMagpie then sells these items en masse, it can squeeze out more profit per item by securing discounts on postage and automating parts of the packing process. The company also has a deal with the UK budget retailer Poundland, through which it sells , refurbished discs. Nicole Richie proves her bitter feud with Paris Hilton is WAY behind her as she is seen at the heiress' splashy wedding Little Mix release new single titled No and sassy music video which sees them in tracksuits before transforming into glam housewives 'The kids were stressing out!

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However, these two are time-consuming and mean I need to make price stickers and take photos, etc as well as consuming lots of my time. Generally, it is pence per DVD, although some, especially any kind of Disney ones can earn you a pound or more.

So like I said Music Magpie selling is not going to make you a millionaire, however, the ease of doing it this way far outweighs the poor monetary output. Of course, the choice is always yours. And free up some much-needed space as well. You can either download the free app or you can just do it on their website. The Music magpie selling app is easier for me. Then send off your items and MusicMagpie will pay direct into PayPal or your bank account on the same day they recieve the items.

So for me personally Music magpie selling is a massive time saver and that far outweighs the low amount of money per DVD. If you have the time eBay is a good option as well and you can bulk sell if need be. The pay is small but the ease with which to do it is great so the choice is yours.