This is exactly how my store works. I have a 250 store of everything. I list 4 to 5 per day & average 4.3 sales a day at £27 per item. I source items at car boot sales with high ROI & good sell through. I make a full time living off a 250 item store.
I started as an everything store when we were moving. Instead of the traditional “keep it, donate it, trash it” ritual if it wasn’t trash we listed it on eBay. I followed Daily Refinement and after 2 months this “hobby” started paying for itself. Two more months and I was seeing a couple Benjamins EVERY week. Between Chris’s videos and eBay’s analytics you would have to try to fail. Ebay tells you every day what you are doing right and you can read the “tea leaves” and focus on doing more rights than wrongs. I relocated for work so I am starting my store over but I am really excited about it. My goal this time is to be small, profitable, consistent and scale up very incrementally. You CAN do this!
I found Chris back in January of 2022. I started following his listing process and now I’m up to 30 listings a day. I have a person who drafts listings for me and I always have a bank of drafts to pull from. As I continued to follow his recommendations my sales are currently up 56%, Impressions up 32%, click through rate no change, listing page views up 24%, and conversion rate up 1%. Quantity sold up a staggering 97%! Thanks Chris!
Thanks for caring about the little stores. Thanks to you, I will do 70k in sales from EBay and Mercari this year. I list 5-7 items a day. I sell 500 items every 90 days. I have 38$ average selling price. Thank you so much
Chris, I felt so happy watching this clip. I was thrilled to hear you speak specifically about smaller stores. Due to my severe chronic health issues, I find I can only manage up to five listings a day in each of my stores. In one I sell books - like Mel (Back from Burnout) and the other I sell Plus Size women's clothes and underwear (basically retail arbitrage). Some days I list just one in each. On good days, I take heaps of photos as I find that task quick physically demanding. I am fortunate to have many willing helpers to go to the post office for me which is a fantastic help. I'm so glad to have found channels such as yours and Mel's as I was despairing over ever being able to generate income again and have something to in some small way make up for my lost career. With reselling I can 'work' at any time of day or night. I am teaching my young niece and nephew about reselling so that when they are old enough (or with some adult help in the meantime) they can begin to do this themselves. They love thrifting or "Op Shopping" as we call it in Australia. Op Shop is short for Opportunity Shop. These shops are usually run by charities. I look forward to the day when I can build on what I've started but for now, 200 - 250 items is my limit but my stock turnover in good. Thank you so much for all the wonderful information, encouragement and motivation you provide for us. Reselling has changed my life for the better in my post cancer treatment state. Kind regards, Simmone
I sure wish I found Chris last year! I bought items (alot!) instead of starting w my own items. But having health problems and losing my husband, I had a sale thru an online estate sale site. Then sold house. I still had plenty I might been able to start with, but I bought alot of inventory. Now I'm overwhelmed. Hard lesson to choke on. Listing came to a stop. Now listing again! Daily Refinement is great motto! Start small and cheap, learn and improve technique daily.
OMG, this is the best video for a new eBay seller, EVER! Dam! Chris you are a genius. This method will teach new sellers how to eBay properly, without developing bad habits. They will avoid the pitfalls and they are many, which can devastate the individual and could cause them to quit. Chris you are the only CZcams "teacher" that I know of, that is worth their weight in gold.
i follow your advice religiously , and this is the exact model im using , im at the 800 item , listing 5 - 10 a day mostly , selling 5 plus a day average sale price $36 it takes so long to get to a high item store because people buy all the good stuff hahah .
I started selling on ebay in 2001 and made enough money to put a downpayment on a house. I was working full time then and had my husband help with the packaging and mailing. I remember my highest gross for one month back in those early days was $36,000. I just started my family and we lived in a small aprtment in NYC. I had inventory stacked to the ceiling and was up until 1 AM listing and answering inquires. I sold only RL shirts, new with tags and designer sunglasses. Somehow I was able to find a distributor that was able to get small quantities of these luxury items each month. I bough all of them every month. I never knew what I would get. Since I lived in NYC, I would go to the designers main flagstores to get the authentications. At one time I was selling steriling silver Gucci cross necklaces. They did not look like anything special , but when you have the name Gucci, they sold very fast. I did this for five years and it just got too much. I was making a ton of money but it was becoming more difficult to source and I never left my daytime job. I did not want to run around looking for boxes to ship Prada shoes. I gave it up and only last year I started to sell again, but lower end items and listing a lot less. It has become more fun without the pressure I had decades ago.
In my store this might sound silly but I actually give a better deal to buyers with low feedback. I understand that they say low feedback means it could be a scammer. However my thoughts is that the person is new to eBay and I want to give them a good experience. If I give buyers a good experience that's great for all of eBay as a whole! 👊🙌
This information is so validating. Ive watched many of your videos. As a new seller, my goal is to get to 250 listings. I didnt want to start bog. Watching your previous videos, i was overwhelmed with how i would get to 10,000 listings and i dont want to carry that much inventory. This video is so much more relatable. I may be a bog seller someday but for now, i want to concentrate on being a great “boutique “. Making sure every listing and transaction is the best it can be is important. Taking care of the customers well is more manageable when you take the time to grow, not grow too fast. Chris, you said this scalable plan well and makes me feel more centered that this is my beginning plan! Maybe someday ill be at the “table” in Patreon but for now, im small and thats ok!
I started watching people go to flea markets a few months ago. Eventually, I found your videos. I'm super pumped about reselling and I believe you offer sound advice. I just started listing sports cards and selling things around my home. I'm learning so much from doing that. I am listing only 2-3 items a day until I get 1 sale a day. I'm only on my second week and that appears to be happening. Thank you Chris for your humility, wisdom, and transparency with your own experience.
This is really great advice ! Instead of telling everyone to go and buy buy buy and fill a room up , and Not even get consistent sales or realize it's not for them and they get stuck with a bunch of crap and wasted time and money ..... Ive been researching for Decades , 80% of the time I know the value within a split second ... I really feel like researching the markets and data is the first thing people should de , as they practice and learn by selling at the same time ... It takes years to develope the strategies, Logistics,. And not every item is created equal , and not every item is going to be as enjoyable to sell as another . Space, Time, Money, Life / Work Balance and Passion .. these must be in order before anything
I feel you were preaching to me as I have struggled to do 5 a day, yet I can do 2 or 3, so my goal is 3 per day with 1 in the bank. I was so busy at work last week that I was unable to list for 2 consecutive days, and because of that, I didn't have a single sale this week.
If I can't list something because I am too busy, I end a listing and relist it. Or I do a sell similar for an item and then end the first listing. It happens only a couple times a month but it works. The algorithm thinks you listed something and I believe it helps.
I'm not a new seller and have been only part-time for 20 years on ebay. I love the 250 "free" listings. The best part is that if I come close to going over my limit on listing I cull the herd and take things off are lower dollar and not selling or I cross-post those on Mecari. I made a few sales over there on items that have been sitting on ebay. I also lower prices and send offers to get rid of old inventory. Keeps my store fresh and sales popping.
I bought some stuff. I'm not even to 250 items up yet. I have promised myself to reinvest every penny of sales revenue until I break even with the cost of the initial bank deposit to open a dedicated account, shipping scale, shelf, packing tape, etc. Essentials were necessary. I still have far more than 250 items to list in the house since most of it was inherited usable nice stuff I won't use. Nothing I have purchased would go to waste if I quit online sales today.
Thanks Chris for the tips. Great video. Thanks for reaching out to us small stores. It's nice to know that someone is out there for us for moral support as well as showing us some numbers.
best advice. I am in the place where my sales are daily. I list daily, I have a month of inventory all ready to list. I will not buy more than that. Hardest lesson to le
Awesome video. I'm currently tiny. In the last 90 days I've sold 102 items and am sitting at 94 listings. Recently I was happy to finally reach the 100 listing mark because I kept selling items and it would knock my total down. My COG are really low, but I'm now working on getting my average sale numbers higher. Because my COG is so low, I'm finding I'm taking less per item. That whole fast nickle concept. It's a catch 22 in the long run.
Thank you so much for focusing on the small store people! I've been watching your videos for about 1.5 years and as someone else said, it was hard to exactly relate as you mainly focused on larger stores, so once again thank you for this video, and all the others prior to this. Also thank you for making eBay a smoother sail for me from the beginning. You are appreciated!
Such perfect into for my business! I’ve been selling from my converted shuttle bus and I’m mostly growing my inventory a little each month. I’ve been considering buying a small trailer since I’m about maxed out at 240 items. For now, I’ll just keep concentrating on 3-5 listings, since I’m meeting that 1-5 daily sales threshold. Thanks very much!!
I found my Rhythm in this reselling game. I had to that can work for me with my busy schedule. Besides my full time job working for the county. And being married to a wonderful, beautiful special Lady that need my time and I her's. I'm a artist and a musician. I'm painting 5 days a week and I'm writing music in my studio 5 days a week that I sell. On the weekend I do all my eBay store listings and schedule them to come out the following week each day. I found this schedule to work for me. I'm less stressed and getting my products listed and Im making sells. Everybody's schedule is different in this game we call life. You have to find your rhythm, I found mine.
@dailyrefinement Thank you for this. I am researching starting an eBay store to replace my 9 to 5 (major burnout). I have run a business before (in a previous marriage) and know that a solid business plan is essential. You have explained the eBay reseller plan so succinctly and clearly. I feel confident I can implement this plan and I especially like your advice to spend no money until profits allow reinvestment. I have been concerned about the possibility of drowning in clutter, so keeping a manageable amount in an organized manner appeals to me. I do plan to spend a modest amount on some equipment: scale, shipping material, and materials to create a makeshift photography “studio” (white paint and a hook on the wall 😂). I am all about work-life balance and my goal is to find the perfect size small to medium store that allows me to achieve that. Many blessings on all you set your hand to. 🙏
Started reselling on ebay.... I got tons of gold in the basement. The video came up on algorithm I thought you said you were a Tekken player so I subscribed went to a couple of your videos. I do not regret meeting your glorious channel 1 bit. 4 hours a week 300$ in profit. I hope you're rich because you gave me great inspiration.
i watch your video and did exactly what you said and all 5 listenings sold within an hour and made over $100,thanks for lthe lesson,and now i''m still doing my listenings as you said,you really help me with a ebay problem i been having and couldnt figure it out til now
I love coming back to this video especially on days when I don’t want to list or I’m getting attached to a item I purchased. Chris definitely brings me back to reality to make my business successful
Thank you for posting this I am recently retired with no family so I would like to start small and sell some of the things that I have accumulated over the years so as not to burden anyone with my things also, I could use the extra cash. New subscriber here. Thank you so much again.
Key advice. So true! If everyone watched this and adhered to this structure, they would be very happy. Violated this in almost all the ways when starting out, and fixed most of them, so I know, hahaha…gulp! My personal process now is to never buy and never list until I know exactly what shipping will be, and weighing items to include packaging down to the ounce, as I do not offer free shipping for most things. First class USPS is great, if doable, even though insurance could be an issue. Shipping asap with great communication also top of my list, just as you state! You are so correct about daily listing and that attachment to items can become hoarding, so great advice related to emotional detachment! Fine line, as purchasing great items also requires buying what you instinctively like/appreciate as well. For me, researching before sourcing and forcing myself to step back from too many ‘gotta have that’ ‘love this item’ has been key! Thank you very much!🥰
I'm going to start this plan. Thank you for the good information on the numbers...The key is finding the right item at the right time and that changes daily it seems lately. I also watch for large discounts on smaller items that everyone wants now. That is not easy either...
You give the best advice. To the point, no nonsense. Very solid advice. Great educator. The analogies are on point. Your mentorship is definitely worth this cost. As I progress as a seller I’ll be joining your program. Thank you so much!
This is exactly what I needed. I've been at the "small seller" level for a few years due to losing motivation & therefore being very inconsistent. It's really frustrating when I see other sellers (who have been selling for a much shorter period than I have) selling more items in a single day than I do in a single month (if I'm having a decent month). Trying to replicate their process hasn't been working for me. Trying to list way more than what I've been selling hasn't been giving me the results I hoped for. I have good products (mostly vintage) & most of the items I have listed are items that other sellers have successfully sold at either the same, slightly higher, or slightly lower prices. I've recently been working on my titles and pictures & I've been seeing some small improvements in the number of sales & a huge increase in impressions from promoting my listings. I don't sell enough to justify opening a store right now. I am in need of a strategy to get on the right path & this is the one I will follow. Luckily, I have plenty of things to sell out of my own home & only go sourcing a few times a year so I'm not spending very much money. Pretty much everything I sell is 100% profit but I want steady sales so I can move on to the next level of selling!
I started listing on mainly Poshmark but have ventured onto eBay. I really want to build up my store. I’m going to start with this lesson and work on it everyday. Currently I have almost 600 items available on Poshmark and 55 on eBay. I don’t list daily and I see that’s one of my issues for not getting consistent daily sales. I am definitely subscribing to your channel because I need all the help I can get to be successful. I want to do my business full time in 2023. So I’m so thankful for this information. Thank you so much and have a great day!
The unfortunate thing about this video is that I know this is great advice for a beginner only because I have experience now. If I watched this when I first started, for sure I would have ignored this advice and done my own thing anyway, lol... But really, for beginners, this is by far the best advice I've heard. Great video!
Love it. Chris, this is the only formula that guarantees success. It used to be the standard before planned obsolescence. You mentioned emotional attachment to items. In my experience this is a bigger impediment to success than sellers realize. Maybe you could work with a select group as a test. Have them pick up things that give them an emotional boost. The bigger the better. And then list low or crazy coupons. Accept first lowball offer. Free shipping free returns. Some will feel like they're giving away a baby. Do it over and over intensely until they no longer care. Or they drag it along on their business forever like a Black Hole Patagonia duffel bag full of sand. Great video.
Great video Chris!! Not selling yet so just being a sponge now , trying to take in advice and hopefully remember a portion of what’s been taught! Thank you 👍👍❤️ Yes, I will be saving this.
That is the true way to start as a rookie . You will learn everything by default cause you only using profits nothing else , that's the key ONLY PROFITS .. that was a good jewel for the beginners . 98% I'm sure won't listen . But he's 1000% correct
Very interesting video! For me, I started and grew my eBay business as a side business to my Amazon book selling business. Not long after that, I dumped Amazon for eBay though. The profits on eBay are the best! :)
This is a great video for beginners and people who don't want a huge inventory. There's a learning curve, I'm sure. I just want to sell some stuff I'm not using and see how it goes. I bought a lot from eBay and have had no complaints until recently I wasn't comfortable with one package. I noticed some people send invoices and some cute business cards, but I don't know how to do that yet. I'm more looking for a fun hobby.
These numbers are almost exactly how I do business - and I really don't have time to do more. 10 hours a week. 1 -2 sales per day when business is DOWN, money stays separate in account and just goes to fund purchases. Actually had a dozen sales this weekend. I don't even list as regularly as Chris recommends.
I mainly sell wrestling DVDs. I photograph, edit price info, shipping info on the app and add the listing. Then after listing a bunch, I'll hop to the PC and just add my description template for these items, spending about 2-5 minutes an item, between listing and shipping.
Bro... Perfect video and explanation. I've been struggling. I photograph and list 20 items in 1 day, get burnt out. Items sell fast, i take like 3 days to pack and ship them, then my stores popularity dies cause i haven't listed anything, then i start all over with sourcing and cleaning items and i feel like I'm going crazy. i feel like I'm all over the place and my store isn't growing and i feel physically sick. I don't know what to change!!
I think if you take Chris’s advice here and discipline yourself to list only one or two items a day, every day, you’ll feel better and not get burned out. Good luck!
Thanks for the video Chris I value your knowledge. I have copied some of the things that you say on hear about eBay. I consider myself a small seller because I have a full-time job. But I'm right where I need to be I believe. Currently I have 220 listed and 196 sold. I'm growing the way I want to grow and then one day I'll be full-time.
You forget that some people sell on ebay for different reasons. We are not all trying to grow a business. It can be a hobby or to help declutter your house. To many of these 'information' blogs are all about building a business. Please respect those that are not interested in building a business but just enjoy having a selling hobby.
Just bc it’s a hobby doesn’t mean that business principles don’t apply. If decluttering or having fun is a priority, there was ways of optimizing that as well
Over 11 years ago, I bought a film camera for my art foundation diploma and also some 1930s photo slides for my degree. The camera was £35 on ebay. Turned out it was worth £135 by the time I sold it. My photo slides were bought for £2 each at the city flea market. I have about 5 of them - ebay's market for colour slides is £20-25 each! BlknWhite is £15.00 each. Student me did even know she was making an investment! It was just for homework!
I'm new to reselling and your videos have been so helpful. I'm not getting sales daily and I have 220 items in my store. Any chance you can look at my store and give me advice on something you may see I'm doing wrong? Thank you for all your information!
Thank you!!! I needed this video, so many times watching other youtubers "brag" about how they're killing it and making it seem like they're helping us by showing how much they sold in a day or over a weekend, it was starting to make me feel like a failure, I sell one to two items a week which I thought was great considering I just started my Ebay shop this year. I'm going to implement these techniques and hopefully my shop will do better. Thank you again!!!
OMG. This is exactly how I feel. After I while I just have to click off & watch cute cat videos or something. I've been doing this for a few years off & on precisely because I wasn't having the success these "CZcams" sellers were having. Some of them are making more in 1 month than I earn in an entire year of work. Yeah, it does make you feel like a failure. Now I'm more serious about wanting to make a full-time living doing this. I'm going to focus on listing 5 items max per day & making sure those listings are perfect. I don't need to earn $5000/week. I just want to be happy & financially comfortable!
Ok, ok I hear you have to slow my role & really thats fine for me. I didn't retire to go back to work 😁 you know who this is. I'm still buying tickets though 😉😁🤗
I only list 50 a month, always starting a 9.99 and free shipping on items lighter than 10oz, and on books, magazines, cds, dvds, vhs, video games..and no international shipping. So far so good.
Great advice. I'm struggling with my shop now. my seller's level is below standard, It's been like that for 4 months now. I made some mistakes before and I'm just doing about 1-3 sales a week. I'm trying to put more inventory and hoping they will sell cuz most of my items has zero views. My defect rate is 2.14% it's slowly reducing. But I'm not sure when I will be back on the above standard. any advice?
This is exactly how my store works. I have a 250 store of everything. I list 4 to 5 per day & average 4.3 sales a day at £27 per item. I source items at car boot sales with high ROI & good sell through. I make a full time living off a 250 item store.
So when you first started out you followed these rules now your successful?
I started as an everything store when we were moving. Instead of the traditional “keep it, donate it, trash it” ritual if it wasn’t trash we listed it on eBay. I followed Daily Refinement and after 2 months this “hobby” started paying for itself. Two more months and I was seeing a couple Benjamins EVERY week. Between Chris’s videos and eBay’s analytics you would have to try to fail. Ebay tells you every day what you are doing right and you can read the “tea leaves” and focus on doing more rights than wrongs.
I relocated for work so I am starting my store over but I am really excited about it. My goal this time is to be small, profitable, consistent and scale up very incrementally. You CAN do this!
Curious to know what a car boot sale is ?
@@westcoasthustle6133 I believe it to be a garage sale,or yard sale in the US. Maybe a swap meet.
@@westcoasthustle6133 is basically a flea market
I found Chris back in January of 2022. I started following his listing process and now I’m up to 30 listings a day. I have a person who drafts listings for me and I always have a bank of drafts to pull from. As I continued to follow his recommendations my sales are currently up 56%, Impressions up 32%, click through rate no change, listing page views up 24%, and conversion rate up 1%. Quantity sold up a staggering 97%! Thanks Chris!
This is awesome and encouraging! Thank you for taking the time to comment.
Are you selling everything or have you niched down?
Thank you so much. How much do you pay your VA?
glad it's helpful!
I list only things that are in categories where I understand the market. Mostly sports cards and some vintage 80-90s toys.
Thanks for caring about the little stores. Thanks to you, I will do 70k in sales from EBay and Mercari this year. I list 5-7 items a day. I sell 500 items every 90 days. I have 38$ average selling price. Thank you so much
Nice!
That is awesome!!!
Awsome
I am starting as soon
That’s awesome, what are you selling to get such good average sales? Mostly thrift and garage sale finds?
Chris, I felt so happy watching this clip. I was thrilled to hear you speak specifically about smaller stores. Due to my severe chronic health issues, I find I can only manage up to five listings a day in each of my stores. In one I sell books - like Mel (Back from Burnout) and the other I sell Plus Size women's clothes and underwear (basically retail arbitrage). Some days I list just one in each. On good days, I take heaps of photos as I find that task quick physically demanding. I am fortunate to have many willing helpers to go to the post office for me which is a fantastic help. I'm so glad to have found channels such as yours and Mel's as I was despairing over ever being able to generate income again and have something to in some small way make up for my lost career. With reselling I can 'work' at any time of day or night.
I am teaching my young niece and nephew about reselling so that when they are old enough (or with some adult help in the meantime) they can begin to do this themselves. They love thrifting or "Op Shopping" as we call it in Australia. Op Shop is short for Opportunity Shop. These shops are usually run by charities.
I look forward to the day when I can build on what I've started but for now, 200 - 250 items is my limit but my stock turnover in good. Thank you so much for all the wonderful information, encouragement and motivation you provide for us. Reselling has changed my life for the better in my post cancer treatment state. Kind regards, Simmone
I sure wish I found Chris last year! I bought items (alot!) instead of starting w my own items. But having health problems and losing my husband, I had a sale thru an online estate sale site. Then sold house. I still had plenty I might been able to start with, but I bought alot of inventory. Now I'm overwhelmed. Hard lesson to choke on. Listing came to a stop. Now listing again! Daily Refinement is great motto! Start small and cheap, learn and improve technique daily.
Followed Chris way back when he was 10k on the bay. He has the best videos about reselling on ebay period. Listen and act on what he says.
I am just about to this level. I have inventory of 185 and list 1-2 things per day. I only sell 1 thing every other day.
OMG, this is the best video for a new eBay seller, EVER! Dam! Chris you are a genius. This method will teach new sellers how to eBay properly, without developing bad habits. They will avoid the pitfalls and they are many, which can devastate the individual and could cause them to quit.
Chris you are the only CZcams "teacher" that I know of, that is worth their weight in gold.
i follow your advice religiously , and this is the exact model im using , im at the 800 item , listing 5 - 10 a day mostly , selling 5 plus a day average sale price $36 it takes so long to get to a high item store because people buy all the good stuff hahah .
I started selling on ebay in 2001 and made enough money to put a downpayment on a house. I was working full time then and had my husband help with the packaging and mailing. I remember my highest gross for one month back in those early days was $36,000. I just started my family and we lived in a small aprtment in NYC. I had inventory stacked to the ceiling and was up until 1 AM listing and answering inquires. I sold only RL shirts, new with tags and designer sunglasses. Somehow I was able to find a distributor that was able to get small quantities of these luxury items each month. I bough all of them every month. I never knew what I would get. Since I lived in NYC, I would go to the designers main flagstores to get the authentications. At one time I was selling steriling silver Gucci cross necklaces. They did not look like anything special , but when you have the name Gucci, they sold very fast. I did this for five years and it just got too much. I was making a ton of money but it was becoming more difficult to source and I never left my daytime job. I did not want to run around looking for boxes to ship Prada shoes. I gave it up and only last year I started to sell again, but lower end items and listing a lot less. It has become more fun without the pressure I had decades ago.
In my store this might sound silly but I actually give a better deal to buyers with low feedback. I understand that they say low feedback means it could be a scammer. However my thoughts is that the person is new to eBay and I want to give them a good experience. If I give buyers a good experience that's great for all of eBay as a whole! 👊🙌
Your absolutely right and I'm stealing your plan because this makes perfect sense to me...
This information is so validating. Ive watched many of your videos. As a new seller, my goal is to get to 250 listings. I didnt want to start bog. Watching your previous videos, i was overwhelmed with how i would get to 10,000 listings and i dont want to carry that much inventory. This video is so much more relatable. I may be a bog seller someday but for now, i want to concentrate on being a great “boutique “. Making sure every listing and transaction is the best it can be is important. Taking care of the customers well is more manageable when you take the time to grow, not grow too fast. Chris, you said this scalable plan well and makes me feel more centered that this is my beginning plan! Maybe someday ill be at the “table” in Patreon but for now, im small and thats ok!
Great information! I need to stop buying and focus on selling and pricing.
I started watching people go to flea markets a few months ago. Eventually, I found your videos. I'm super pumped about reselling and I believe you offer sound advice. I just started listing sports cards and selling things around my home. I'm learning so much from doing that. I am listing only 2-3 items a day until I get 1 sale a day. I'm only on my second week and that appears to be happening. Thank you Chris for your humility, wisdom, and transparency with your own experience.
This is really great advice ! Instead of telling everyone to go and buy buy buy and fill a room up , and Not even get consistent sales or realize it's not for them and they get stuck with a bunch of crap and wasted time and money ..... Ive been researching for Decades , 80% of the time I know the value within a split second ... I really feel like researching the markets and data is the first thing people should de , as they practice and learn by selling at the same time ... It takes years to develope the strategies, Logistics,. And not every item is created equal , and not every item is going to be as enjoyable to sell as another . Space, Time, Money, Life / Work Balance and Passion .. these must be in order before anything
I feel you were preaching to me as I have struggled to do 5 a day, yet I can do 2 or 3, so my goal is 3 per day with 1 in the bank. I was so busy at work last week that I was unable to list for 2 consecutive days, and because of that, I didn't have a single sale this week.
If I can't list something because I am too busy, I end a listing and relist it. Or I do a sell similar for an item and then end the first listing. It happens only a couple times a month but it works. The algorithm thinks you listed something and I believe it helps.
I'm not a new seller and have been only part-time for 20 years on ebay. I love the 250 "free" listings. The best part is that if I come close to going over my limit on listing I cull the herd and take things off are lower dollar and not selling or I cross-post those on Mecari. I made a few sales over there on items that have been sitting on ebay. I also lower prices and send offers to get rid of old inventory. Keeps my store fresh and sales popping.
I bought some stuff. I'm not even to 250 items up yet. I have promised myself to reinvest every penny of sales revenue until I break even with the cost of the initial bank deposit to open a dedicated account, shipping scale, shelf, packing tape, etc. Essentials were necessary. I still have far more than 250 items to list in the house since most of it was inherited usable nice stuff I won't use. Nothing I have purchased would go to waste if I quit online sales today.
Whats your store name?
Thanks Chris for the tips. Great video. Thanks for reaching out to us small stores. It's nice to know that someone is out there for us for moral support as well as showing us some numbers.
Love the motivation and the tips thank you 🙏
best advice. I am in the place where my sales are daily. I list daily, I have a month of inventory all ready to list. I will not buy more than that. Hardest lesson to le
Awesome video Chris!
Awesome video - very helpful!
This was the perfect video for me. Thanks Chris.
Thank you so very much for these videos and presenting your info so well and clearly. 👏💙
Thank you Chris for this what I was needing, I couldn't understand till now
Yes this is me. ! Still made over 1 grand a week lately. Learning a lot
Great video! It brought everything down to a level I can handle so I don’t have to worry about never doing enough!
Yes! I'm a small eBay seller and just started 2 months ago. Thank you for you information!
Great video Chris thanks for all you have done for the community! You have helped me tremendously over the past 4 years
Awesome video. I'm currently tiny. In the last 90 days I've sold 102 items and am sitting at 94 listings. Recently I was happy to finally reach the 100 listing mark because I kept selling items and it would knock my total down. My COG are really low, but I'm now working on getting my average sale numbers higher. Because my COG is so low, I'm finding I'm taking less per item. That whole fast nickle concept. It's a catch 22 in the long run.
I appreciate your dedication and I'm not a seller but when I do, I saved this video to follow.
Thank you for sharing your knowledge.
Great video!! Exactly exactly!
wow.amazing.great lesson.I am looking forward to listening more excellent lessons,Thank you chris
Great video Chris!!
hey chris, i think this video is sumarisig everything ebay resselers should know, cant wait to see you back on borad! thank you and keep growing!
Thank you so much, Chris!
Excellent video Chris and your monthly subscription group is well worth the price.
Thank you so much for focusing on the small store people! I've been watching your videos for about 1.5 years and as someone else said, it was hard to exactly relate as you mainly focused on larger stores, so once again thank you for this video, and all the others prior to this. Also thank you for making eBay a smoother sail for me from the beginning. You are appreciated!
I have been watching you for a few years and I find your information informative
Excellent information. Thank you!
I love that video. A lot of great things in video. Thanks!
I have learned so much from your videos and I just want to thank you for giving me the tools I need to be successful.
LOVE the "white board" talks! Thank you Chris...always!
Love how you dive into the technicals on this. Not for everyone, no, but for us nerds, oh it's the best! :)
As always good info. I have followed your advice for a long time now and doing well, could be better I need to focus more.
Such perfect into for my business! I’ve been selling from my converted shuttle bus and I’m mostly growing my inventory a little each month. I’ve been considering buying a small trailer since I’m about maxed out at 240 items. For now, I’ll just keep concentrating on 3-5 listings, since I’m meeting that 1-5 daily sales threshold. Thanks very much!!
I found my Rhythm in this reselling game. I had to that can work for me with my busy schedule. Besides my full time job working for the county. And being married to a wonderful, beautiful special Lady that need my time and I her's. I'm a artist and a musician. I'm painting 5 days a week and I'm writing music in my studio 5 days a week that I sell. On the weekend I do all my eBay store listings and schedule them to come out the following week each day. I found this schedule to work for me. I'm less stressed and getting my products listed and Im making sells. Everybody's schedule is different in this game we call life. You have to find your rhythm, I found mine.
Thanks so much! I have 360 items and get 1-3 sales per week. I hope these help me. I'm trying to liberate my husband from his 9-5 job.
@dailyrefinement Thank you for this. I am researching starting an eBay store to replace my 9 to 5 (major burnout). I have run a business before (in a previous marriage) and know that a solid business plan is essential. You have explained the eBay reseller plan so succinctly and clearly. I feel confident I can implement this plan and I especially like your advice to spend no money until profits allow reinvestment. I have been concerned about the possibility of drowning in clutter, so keeping a manageable amount in an organized manner appeals to me. I do plan to spend a modest amount on some equipment: scale, shipping material, and materials to create a makeshift photography “studio” (white paint and a hook on the wall 😂). I am all about work-life balance and my goal is to find the perfect size small to medium store that allows me to achieve that. Many blessings on all you set your hand to. 🙏
Thank you for this video, great info
Started reselling on ebay.... I got tons of gold in the basement. The video came up on algorithm I thought you said you were a Tekken player so I subscribed went to a couple of your videos. I do not regret meeting your glorious channel 1 bit. 4 hours a week 300$ in profit. I hope you're rich because you gave me great inspiration.
i watch your video and did exactly what you said and all 5 listenings sold within an hour and made over $100,thanks for lthe lesson,and now i''m still doing my listenings as you said,you really help me with a ebay problem i been having and couldnt figure it out til now
Thanks for the ideas. Good video. I haven't watched your videos for awhile and I thought you were looking more buff!
Great video! I'm ramping up my eBay card store. My profit margin is less than $3 per card but it's slowly increasing.
I love coming back to this video especially on days when I don’t want to list or I’m getting attached to a item I purchased. Chris definitely brings me back to reality to make my business successful
Thank you for posting this I am recently retired with no family so I would like to start small and sell some of the things that I have accumulated over the years so as not to burden anyone with my things also, I could use the extra cash. New subscriber here. Thank you so much again.
Key advice. So true! If everyone watched this and adhered to this structure, they would be very happy. Violated this in almost all the ways when starting out, and fixed most of them, so I know, hahaha…gulp!
My personal process now is to never buy and never list until I know exactly what shipping will be, and weighing items to include packaging down to the ounce, as I do not offer free shipping for most things. First class USPS is great, if doable, even though insurance could be an issue. Shipping asap with great communication also top of my list, just as you state!
You are so correct about daily listing and that attachment to items can become hoarding, so great advice related to emotional detachment! Fine line, as purchasing great items also requires buying what you instinctively like/appreciate as well. For me, researching before sourcing and forcing myself to step back from too many ‘gotta have that’ ‘love this item’ has been key!
Thank you very much!🥰
I'm going to start this plan. Thank you for the good information on the numbers...The key is finding the right item at the right time and that changes daily it seems lately. I also watch for large discounts on smaller items that everyone wants now. That is not easy either...
You give the best advice. To the point, no nonsense. Very solid advice. Great educator. The analogies are on point. Your mentorship is definitely worth this cost. As I progress as a seller I’ll be joining your program. Thank you so much!
This is exactly what I needed. I've been at the "small seller" level for a few years due to losing motivation & therefore being very inconsistent. It's really frustrating when I see other sellers (who have been selling for a much shorter period than I have) selling more items in a single day than I do in a single month (if I'm having a decent month). Trying to replicate their process hasn't been working for me. Trying to list way more than what I've been selling hasn't been giving me the results I hoped for. I have good products (mostly vintage) & most of the items I have listed are items that other sellers have successfully sold at either the same, slightly higher, or slightly lower prices. I've recently been working on my titles and pictures & I've been seeing some small improvements in the number of sales & a huge increase in impressions from promoting my listings. I don't sell enough to justify opening a store right now. I am in need of a strategy to get on the right path & this is the one I will follow. Luckily, I have plenty of things to sell out of my own home & only go sourcing a few times a year so I'm not spending very much money. Pretty much everything I sell is 100% profit but I want steady sales so I can move on to the next level of selling!
I started listing on mainly Poshmark but have ventured onto eBay. I really want to build up my store. I’m going to start with this lesson and work on it everyday. Currently I have almost 600 items available on Poshmark and 55 on eBay. I don’t list daily and I see that’s one of my issues for not getting consistent daily sales. I am definitely subscribing to your channel because I need all the help I can get to be successful. I want to do my business full time in 2023. So I’m so thankful for this information. Thank you so much and have a great day!
The unfortunate thing about this video is that I know this is great advice for a beginner only because I have experience now. If I watched this when I first started, for sure I would have ignored this advice and done my own thing anyway, lol...
But really, for beginners, this is by far the best advice I've heard. Great video!
thank you very much for sharing! Awesome!
Thanks for the video and information
Love it. Chris, this is the only formula that guarantees success. It used to be the standard before planned obsolescence. You mentioned emotional attachment to items. In my experience this is a bigger impediment to success than sellers realize. Maybe you could work with a select group as a test. Have them pick up things that give them an emotional boost. The bigger the better. And then list low or crazy coupons. Accept first lowball offer. Free shipping free returns. Some will feel like they're giving away a baby. Do it over and over intensely until they no longer care. Or they drag it along on their business forever like a Black Hole Patagonia duffel bag full of sand. Great video.
Agreed, thanks for taking the time to write that
Thanks for caring about the little people
Great video Chris!! Not selling yet so just being a sponge now , trying to take in advice and hopefully remember a portion of what’s been taught! Thank you 👍👍❤️ Yes, I will be saving this.
Hi the only way to learn to swim is to get in the water , get SOMETHING listed, make a start , if not now , when? as they say ,x
That is the true way to start as a rookie . You will learn everything by default cause you only using profits nothing else , that's the key ONLY PROFITS .. that was a good jewel for the beginners . 98% I'm sure won't listen . But he's 1000% correct
Great video
Very interesting video!
For me, I started and grew my eBay business as a side business to my Amazon book selling business.
Not long after that, I dumped Amazon for eBay though. The profits on eBay are the best! :)
This is a great video for beginners and people who don't want a huge inventory. There's a learning curve, I'm sure. I just want to sell some stuff I'm not using and see how it goes. I bought a lot from eBay and have had no complaints until recently I wasn't comfortable with one package. I noticed some people send invoices and some cute business cards, but I don't know how to do that yet. I'm more looking for a fun hobby.
Very useful. Thanks 👍
I like your system. .
Thanks for the content, Chris! What are your thoughts regarding having a store for smaller sellers?
Nailed it!
Very Sound Advice. Thanks
SUBBED
These numbers are almost exactly how I do business - and I really don't have time to do more. 10 hours a week. 1 -2 sales per day when business is DOWN, money stays separate in account and just goes to fund purchases. Actually had a dozen sales this weekend. I don't even list as regularly as Chris recommends.
Great video. Thanks.
Glad you liked it!
This was a great teaching!!
Thank you for the tips!
Great info as always!
I mainly sell wrestling DVDs. I photograph, edit price info, shipping info on the app and add the listing. Then after listing a bunch, I'll hop to the PC and just add my description template for these items, spending about 2-5 minutes an item, between listing and shipping.
Bro... Perfect video and explanation.
I've been struggling. I photograph and list 20 items in 1 day, get burnt out. Items sell fast, i take like 3 days to pack and ship them, then my stores popularity dies cause i haven't listed anything, then i start all over with sourcing and cleaning items and i feel like I'm going crazy. i feel like I'm all over the place and my store isn't growing and i feel physically sick. I don't know what to change!!
I think if you take Chris’s advice here and discipline yourself to list only one or two items a day, every day, you’ll feel better and not get burned out. Good luck!
Thanks for the video Chris I value your knowledge. I have copied some of the things that you say on hear about eBay. I consider myself a small seller because I have a full-time job. But I'm right where I need to be I believe. Currently I have 220 listed and 196 sold. I'm growing the way I want to grow and then one day I'll be full-time.
Great sell-through rate.
@@dailyrefinement Thanks
You forget that some people sell on ebay for different reasons. We are not all trying to grow a business. It can be a hobby or to help declutter your house. To many of these 'information' blogs are all about building a business. Please respect those that are not interested in building a business but just enjoy having a selling hobby.
Just bc it’s a hobby doesn’t mean that business principles don’t apply. If decluttering or having fun is a priority, there was ways of optimizing that as well
Over 11 years ago, I bought a film camera for my art foundation diploma and also some 1930s photo slides for my degree. The camera was £35 on ebay. Turned out it was worth £135 by the time I sold it. My photo slides were bought for £2 each at the city flea market. I have about 5 of them - ebay's market for colour slides is £20-25 each! BlknWhite is £15.00 each. Student me did even know she was making an investment! It was just for homework!
I'm new to reselling and your videos have been so helpful. I'm not getting sales daily and I have 220 items in my store. Any chance you can look at my store and give me advice on something you may see I'm doing wrong? Thank you for all your information!
Core video!!!!!
I'm not planning on reselling, just getting rid of what I have. Any advice on that?
Thank you!!! I needed this video, so many times watching other youtubers "brag" about how they're killing it and making it seem like they're helping us by showing how much they sold in a day or over a weekend, it was starting to make me feel like a failure, I sell one to two items a week which I thought was great considering I just started my Ebay shop this year. I'm going to implement these techniques and hopefully my shop will do better. Thank you again!!!
OMG. This is exactly how I feel. After I while I just have to click off & watch cute cat videos or something. I've been doing this for a few years off & on precisely because I wasn't having the success these "CZcams" sellers were having. Some of them are making more in 1 month than I earn in an entire year of work. Yeah, it does make you feel like a failure. Now I'm more serious about wanting to make a full-time living doing this. I'm going to focus on listing 5 items max per day & making sure those listings are perfect. I don't need to earn $5000/week. I just want to be happy & financially comfortable!
Ok, ok I hear you have to slow my role & really thats fine for me. I didn't retire to go back to work 😁 you know who this is. I'm still buying tickets though 😉😁🤗
What are your thoughts on using the latest iPhone to photograph and list on a MacBook and use photos from the cloud?
I only list 50 a month, always starting a 9.99 and free shipping on items lighter than 10oz, and on books, magazines, cds, dvds, vhs, video games..and no international shipping. So far so good.
Great advice. I'm struggling with my shop now. my seller's level is below standard, It's been like that for 4 months now. I made some mistakes before and I'm just doing about 1-3 sales a week. I'm trying to put more inventory and hoping they will sell cuz most of my items has zero views. My defect rate is 2.14% it's slowly reducing. But I'm not sure when I will be back on the above standard. any advice?
tHANK YOU!
Thanks for u video
Any videos on product photography? White backhand vs not???
I just put everything on OfferUp and craigslist and randomly I do sell things I just prefer doing local and staying out of the shipping 💫
Why when ppl who buy from you pay for the shipping theirselves.
I wish craigslist was popular around here, at least for the items i sell.
I sold a ton of stuff on it back in the day (2000-2009) but, no more.
BEST VIDEO EVER,