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I bought something for the first time on PM. Does PM provide tracking number???

Richie Hustles recommended me to you. Great vids and content!

Reselling isn't dying. It had an over inflated boom due to several factors, CZcamsrs/Influencers, Lockdowns, and popularity of thrifted goods. Now, it's just balancing itself out.

The whole thing is exciting, where did you get you business cards, i never saw one with a q r , how do i get a q r?

I've been a reseller on eBay of and on since it first began and I think they may be shooting themselves in the foot with their promoted listings greed. I tested out their variable promoted listings and was shocked that they took 31% of the sale, far more than what the range was that they indicated it would be. This combined with places like Goodwill now reselling online and hiking in-store prices, it's making it difficult to make a profit.

Everyone thinks they’ll become rich overnight resealing. It’s stressful and buyers are very demanding. It’s ok to make a few bucks here and there but to make real big money you have to have big bucks to turn the profit. It’s a business like any other business. If you start small you’ll stay small mistakes if the time. You need REAL INVESTMENT $ to go big.

Nobody approves of resellers,they bring the prices up and up and we are sick of them

30 years ago, I turned my 30's the big thing was becoming a "real estate investor", 99 percent fail, nowadays everyone wants to be a reseller, 99 percent going to fail, what I learned about life is that business opportunities are cycles everything is temporary everything goes in cycles 5 to 7 years cycles, you must hit the cycles right or just get a pices of the actions.

It's nearly impossible nowadays to resell full-time aside from the obvious competitors. Most people prioritize necessities than wants during this inflation. Moreover, marketing conglomerates like Nike and Adidas are flooding the market with their mass production sacrificing its products' exclusity.

Definitely peaks and troughs. I am seeing a lot more resellers in my local area this summer. However, the pricing and the ability to maintain lower than RRP prices is becoming quite challenging. Although bizarrely I am seeing people buy at auctions, second hand items above the RRP once the auctions fees and VAT have been included.

i think ebay is the last platform standing in this situation. you need an adaptable inventory in order to survive. stay as liquid as possible and adapt to selling merchandise that is selling at the moment, the market changes constantly. people with death piles are quitting because they are too slow at listing and have an imbalance in their business. lots of people do no market research on what to sell and don't realize how fragile the market timewise is. I'd say for your business transition all your clothes over to Ebay, buy a shed and list about 30-50 items per day.

All the wannabe resellers are leaving. Times were too easy during the pandemic. Who would’ve thought it actually takes a lot of hard work - more than a 9-5. Good News for us real full time resellers. Less competition.

I personally have not experienced this. My sales have actually gone up and are at the best They have been in years so I think it really just depends on what area you are reselling in and what category. But I truly don’t see reselling dying at this point in my opinion.

I’m a year late to this video, but this was a really good one. Never too late to manifest good things

I just started selling and was scammed immediately im so livid! So a buyer received my package and said the item which was a Prada hat was not in the dustbag he even went out of his way to take pics and it looked like he was staging a crime. He opened a case and claimed he didnt receive the hat. He's obviously lying so he can take the money and my Prada hat. Do you have any advice? Poshmark's customer service hasnt replied to me. Please help😭

I feel like reselling is a marathon not a race. You really have to roll with the ups and downs of sales like any business. Learn to pivot, make changes and adjust. Always take accountability and really put the work in. It requires A LOT of work but to me it’s A LOT of easy work. I come from corporate retail so the flexibility reselling has given be while being a SAHM has been priceless.

Good. Resellers are a plague.

I’m one of the ones who quit reselling - sometimes I get an itch to source when I’m in stores, but then I remember it was rarely worth my while.

Great observation, I think your pretty accurate with the state of reselling. My journey was similar, started as a part time reseller in 2013, mostly eBay and then Discogs, but did lots of record conventions. Went full time in 2021, I was cautious and made sure I had a good stockpile of unlisted inventory and a storage setup and sorted. Also saved a good cushion in savings because I wanted to be able to pay bills for a year if something happened and also to buy the good stuff and collections when the opportunity presented itself. My thought would be that some people that started reselling during covid weren’t prepared for a downturn in sales or diversified in knowledge on what things to sell. The longer I have been a reseller the more things I learn, I sell all kinds of crazy things!

Its majority the ones who hopped on the trend when it gained popularity.. They realized how much work you really have to put in and quit or long time sellers who simply failed to adapt

Alot of people were jumping on the train thinking it was gonna be easy. It became fluctuated and now the FOMO people are leaving once those tax forms hit and sales slow down

Honestly, I've been reselling since 2012 and ppl quitting reselling is normal. Some of the big resellers are retiring from reselling or moving on to other things. I love reselling but it does have it's ish, if you take your reselling money and put it in something else you can quit when you want. Reselling saved my azz and I've been able to invest in other things. One day I will quit but not now, I just take breaks.

I don’t think the job taking up so much energy is unique to reselling, it’s the nature of being self employed/entrepreneur. I do agree that resellers tend to rely too much on marketplaces for sells instead of building their own brand, which is more work in the beginning but well worth it in the long run.

Biden F things up. Ebay is dead to me.

I have been on eBay since 2017 but only got into it in the last couple years. Don’t sell much but I’m in it for the long haul so hopefully it’ll become more profitable as I learn the ropes. 🤞🏼

CZcamsrs killed the goose

Im just getting into reselling, finishing up my first 90 days. the money ive made isn't necessarily life-changing at the moment but having a couple bucks trickling in feels like im moving the dial a bit. Ive been unemployed for months and figure might as well give it a shot, i have nothing to loose but my time at this point. Im just selling clothes around my house trying to make a couple bucks and end this year with a little (ideally alot of) cash in my pockets. Job market is hot garbage and i dont know what the future holds for me in terms of work. For now im doing what i can control and listing daily, rolling with the punches.

Most resellers comfort zone is it clothing?🤷🏼‍♂️ that market is saturated.

Due to "Bidenomics" and inflation caused by too much government spending, companies are downsizing. Consequently people don't have ANY extra cash to spend on nonessential items, which makes up the bulk of reseller inventory. This drop in sales is across all industries. Compound that with skyrocketing rents, and all other expenses, the outlook is not good for the immediate future. I would suggest voting for Trump and Republicans down ballot to hopefully avoid the race to socialism/communism. If the dark side wins in November, I would suggest selling your brick and mortar store asap!

I was full time from like 2019-2021 and then went part time to a job. Fast forward to now i have a part time remote job i love, still resell on the side, also dog sit and i couldnt be happier. Its a great balance for me & im doing sooo much better financially. And mentally! The unstable income was not it for me.

Trump was in office in 2019. After he was announced as the election winner in 2016, the economy changed dramatically. We were still dealing with the 2008 recession during both of Obama’s first 2 terms. Right now we are in his 3rd, so we went back to that economy caused by government overspending. If you’re a reseller like me, you should vote Trump 2024!

I've been reselling since 2014 on ebay and watching CZcams videos from different channels since then. Its crazy that today is the 1st day your channel ever showed up in my suggested videos. New sub here!

Totally agree. So many are giving up and selling stuff for dirt cheap like not getting their money back. This is the worst year ever for me so I'm kind of thinking this may be my last year and just offload myself too. It's just saturated with too many people and not enough buyers. It def consumes too much of my time too.

This was a great video and I agree 100000%

Yo, drop the F bomb love it, the passion I’m with you too. I’m a subscriber now.

Hello. Can anyone Please Let me know can I shipping on my own?

Hello. Can anyone Please Let me know can I shipping on my own?

I have a question as a BUYER . I'm a new on Poshmark. I had ordered 2 tops from different sellers. One was dropped at my door by USPS. But for 2nd one, the USPS delivery person was asking me to pay some amount as postage charges (around 21$). Whereas I have already paid whole amount (price+tax+shipping charges) OL through credit card. Hence my husband refused to accept the parcel. The amount which delivery person was asking as postage charges was handwritten on package by red marker. I'm confused. It'll be great help if u or anyone can help. PS : it was single lightweight top.

I resale my personal items but have stopped because of all the scammers and entitled people wanted my stuff for free.

This is probably the worst year so far for me as well. I mainly do toys and collectibles. Items that would normally sell out instantly sit there. Collectors now just wait it out for clearance to buy or for the items to hit discount stores. I have enough capital to buy these itmes on clearance and hold for a few years. I create a constant backfill from years that i just rotate out when the item is no longer available. Its like aging wine. 😅

Ton of people are still reselling😂

Prices for product is going up so margins are thinner, plus so much competition everyone is fighting for pennies.

It hard to be a reseller for the reasons you mentioned but plus others. The market is over flooded by resellers. Popups, cons and flea markets. To many sellers not enough buyers. I been in the reseller biz for 20 yrs now. I love it. I retired and come back. You just hav to be 2 or 3 steps ahead of others. Yes follow the trends but look down and maybe start a trend or 2.

this is whats called supply and demand, since 2020 its been bad for the fulltime sellers, part timers came in with the stimulus $$$$ and flooded the market and now the middle $$$$ went to nothing, the rare went to uncommon and now the common is trash. media was $$$$ now its tanked same with clothing and other items/categories, always going to be booms like cards and vhs due to grading and collectors wanting extra $$$. the goal is to keep getting items that are in demand but doesn't have a ebay print out along with it as a sticker price. always people come and go. its simple. if you can make more at a job go get a job reselling isn't for everyone.

Resellers should never depend on RESALES for their income unless they drop ship (from China). It should be a cushion job, it should be a part time gig. You put a lot of time going out sourcing and then listing the items. Time is money. You would do better with a full time / part time job.

I've been reselling for 8ish years, and yes, I'm still doing it but I've been putting way less time and energy into it. My sales started to plummet for no real reason, I tried and pushed and nothing has brought them back. I'm now selling my art as a supplement and loving it.

The trend for the ones that are very recent to selling, might be ending, but we sellers of 25 to 30 years plus will continue here. This is not for the faint of heart and it is a lot of work, so if you cannot handle that, better quit now.

I’m not a reseller, but I am a business owner in tech, and a lot of the sentiment you shared about your goals, the realities and your desires very much are relatable to me. Business ownership is hard, period. I loved what you said though- your goal is to be an owner, not an operator. Such a great distinction between the two. Good luck on your journey!

All ebay resellers are going to continue to shrink in sales and most who are doing it full time will need to look at likely joining the workforce again in the future. There is too many sellers competing these days but that is not the major problem. The problem is the chinese sellers. Like it or not australians have thrown 35 billion dollars at Temu in last 12 months. Temu has grown in the space of a year to sit a close second to Amazon and has overtaken ebay as the second largest online platform in the world. The chinese can sell a cheap copy of anything you could think of for less than a western country can make it for. On top of that they ship it anywhere in the world for free. The same parcels through australia post would cost more than $20aud or more to ship to other countries. Chinese sellers have also been opening ebay stores at a rapid rate using australian addresses but shipping direct from china misleading buyers and avoiding the extra gst and international fees that come with those transactions. Same with Temu they claim they pay taxes but it is clear they dont. This problem is occuring in most western countries and is fast becoming a huge problem in australia and even bigger problem in the united states. People can't get enough of the cheap chinese junk and every week now 100 small businesses go belly up. A small portion of slow business is due to economic circumstances but the greatest part is the rise of the chinese sellers and their too good to be true cheap goods. I have been an ebay seller for 21 years and have run a very niche business and have found lately the chinese are even copying my own products and even though their products pale in comparison in quality and half the time not even correct people are buying them anyway and who cares if they end up in the bin. They are so cheap it doesn't matter. I believe the chinese have an agenda to send as many companies broke as possible whilst flooding western economies with so many chinese goods that we eventually rely on them for everything and boom they basically own you. The only way to stop this happening is to put pressure on western governments to ban access to chinese sites like Temu, slap huge tariffs on chinese goods and make sure they are paying their dues and not misleading buyers on platforms like ebay or eventually we are all in trouble. I can't do this alone and need every western business owner small or large to get on board and pressure our governments to stop this madness and protect our economies and livelihoods from being overrun by chinese businesses. Australians need to get on board too and if it is coming from china don't buy it regardless of how cheap it is. If we don't all act the future will be bleak unless we put a stop to it. In China they don't allow any access to western sites yet our governments seem blind to the problems they are causing and do nothing to block them. Tik Tok is also similar. All these chinese platforms collect huge amounts of data on the west whicb is held by the chinese government. I could go on but you all get the gist. Remember it is gonna take a mammoth team effort to turn this around and stop the chinese juggernaut in its tracks. Your future depends on it.

Reselling got destroyed when Obama got in office because of the recession then resellers made it worst telling the secrets and even destroyed ThredUp for sellers