Find the cash cows

Cash cow

from wikipedia:

In business, a cash cow is a product or a business unit that generates unusually high profit margins: so high that it is responsible for a large amount of a company's operating profit. This profit far exceeds the amount necessary to maintain the cash cow business, and the excess is used by the business for other purposes.


What does this mean in the kijiji world?  Find the items that have a very high resale value even if used.  Everyone knows that certain car companies retain their value more than others - but only slight less well known is that some brands of furniture, baby equipment, clothing, etc. have similar reputations.  These reputations can translate into mondo cash in your pocket if you buy low and sell high.


One such cash cow for the reseller is any Chariot brand child carrier.. these are stroller and bike trailer combinations which also happen to be the most useful/practical/awesome product if you have children - FYI.  It is because of the durability of the product and the deserved brand reputation that these things retain their value for many many many years.

I was lucky enough to find someone selling their double Cabriolet CTS Chariot stroller for $50!  It was insane.. insane I tell you.. I knew these things sell for hundreds.. minimum.  This also happened to be the same make/model as my own Chariot for which I happened to have extra parts (bought a stroller kit with an extra handle, parking brake that I didn't need)  I feared the worst at $50 actually... but it was in near perfect condition except for a bit of mildew.  It also had no cover (or so they said).. oh well, still worth it I thought.. and brought it home.  I opened up the back of it -> and found, the rain cover!  BONUS!


SO - I kitted it out with my extra handle, parking brake and wheel and voila








I took loads of pictures.. under priced it slightly at $285 for a quick sale (since these things aren't small) and sold it within 2 days to a lovely woman... hope they have many years of use out of it. Interestingly enough, she was already a Chariot owner and was going to post up her older model Chariot for sale on kijiji... ah, the circle of life.

Summary


Purchased: $50
Modifications: $46.67 (the portion of the stroller kit that went toward this)
Sold: $280 (okay - so I didn't have change, she would have paid full price though - my bad)

Profit: $183.33


(best score so far - hope to do more like this!)