DeltaPoints describes how he used the last Skymall offer of 25,000 Delta miles for a purchase of $500 or more in order to generate 250,000 miles for a net cost of $700 by buying items and then reselling them on eBay.
I found that they sold SAMSUNG GALAXY TAB 10.1′s for $499.99. I also got a 9v battery for 99 cents. I then resold all 10 of the TAB’s on eBay in one day. My cost to sell them including my eBay, Paypal and s&h fee’s to get them out the door was a loss of $70 per order. Thus, for $700 I earned 250,000 skymiles plus 10,000 Capital One points for the $5000 purchase cost (10×500).
Now, the price of tablets is coming down and I don’t see recapturing $430+shipping per Samsung tablet in the future.
But it’s worth coming up with the most re-sellable items on Skymall, because it’s expected that the offer will return during the first week of December.
Skymall even has support set up for it, they’ll accept email questions at miles -at- skymall.com. They’ve suggested that coupon codes will invalidate the offer, but that they will accept price matches from major retailers so while many of their prices are often above-market those prices can be brought down with a little bit of effort.
Ready… Set… Wait a few days for the offer to come out.