Question from one of our subscribers:

Hello, I am at a loose end here. I see that ebay sellers and many online stores are able to sell game codes like xbox live and playstation network really cheap. I have got as price list from Exertis GEM and the prices are near the prices that people are selling online at meaning not much profit(literally £1 profit margins). So do these guys have different suppliers or what because I just don’t get it. I am looking to start an online business of my own supplying instant game codes but finding it hard due to prices.

Can anyone recommend any suppliers that are cheaper ?

Thanks,
Alex

Answer:

Hi Alex!

Items like this, basically rely on volume. You might want to find a better niche if you want higher margins. Also, as a quick tip, be aware of scammers since you are sending these codes electronically.

Good luck!