eBay Is Over...Now What?
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- čas přidán 25. 08. 2024
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If you want to learn about Reselling the right way, please check out my Reseller Community.
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RECORDS FOR THIS WEEK:
🥇First In Chat - Nickfoles
🥇Number Of Likes - 850 (Old Record 741)
🥇Number Of People On The Stream At One Time - 753 (Old Record 661)
www.patreon.com/resellergreatnesspodcast
Call Schedule & Replays: bit.ly/callschedules
If you want to learn about Reselling the right way, please check out my Reseller Community.
- 30+ Live Coaching Calls in every niche weekly
- Everything is recorded for replay
- No drama community
- 24 Hour Live Co-Worker Room
- Access to the most comprehensive database for reselling on the internet
- Everybody moving forward in a positive productive direction
-Goals & Accountability
www.patreon.com/resellergreatnesspodcast
Thanks to you and Carrie at home! I added Jeans to my store. 66 jeans listed. 26 sold within 10 days!
Nice! Carrie is the best, she's been with me from the beginning of her journey!
Awesome job!!
Great retirement plan Tech. So glad it's working out well for you. I too retired young at 47 but my plan was to retire to do ebay. I bought real estate when I was in my 30s so have that passive income from that and got a pension from my nursing job. I guess that's why I don't feel the need to build an empire but I do enjoy reselling cause it keeps me busy and it's fun. I'm glad you came out of the shadows and into the youtube light. You're a blessing to those of us who want to work smarter not harder. Thanks for sharing your wisdom.
Sweet! I need to take some notes from you!
@@technsports 🥰. I am 20 years older than you. You are doing great. If I was 40 today I’d be crushing it too. Oh to be young and energetic again. 😂
I didn't make the live but I love your enthusiasm for breaking records ❤
Only wins! lol
I got my first $1k+ sale yesterday. Item took 1 day to sell & I got it for only $5 at a garage sale on Saturday 🤯. Listed for $1500, buyer paid $1350 + calculated shipping, I walked away with $1153 in profit after shipping and fees.
Nice!!!!!!!!!!
@@technsports thanks
Great value. Love listening to your education that you pass along. Your Patreon group has been a life changer
Hey KT! I'm ready for those Liquid Blue Shirts!
Could sit and hang with you all day big dawg. Some of my fav memories these past few years is listening to your Tuesday calls while sourcing. You are da man 💪
Nice! Appreciate you listening to those marathon Tuesday calls!
Thank you Tech for all your advice. I feel like it's very nice of you to share your thoughts, secrets, ideas, strategies with us. (Born & Raised in South Florida too!)
South Florida!!!
Thanks tech for always doing what you do. Planning on joining your reseller group soon. Hoping to get out to the plant city flea market here soon. Maybe ill see you out there. 🤙
Hope to see you!
Ugh missed the live but here now!
Appreciate you guys!
Yessss!! Please upload extra!! 😀😀👍👍
I may have to. Hopefully you guys enjoy them
Will accept anything you post ❤
Thanks Linda!!
100% run the extra uploads!
Okay I'll put some in the mix!
@@technsports thank you sir!
I would take the money and start over.
If we are better today than absolutely
What! Your only 40! Your just a young spring chicken, lol. You got many great year's to live and enjoy life. Your living the dream. Thanks for helping everyone looking up to get to your level
Thank you for checking out the video Mara! Yes 40. Hopefully a lot of good years ahead if I'm lucky
You should send the Reseller Rock thru auction just for fun. Appreciate you and your success inspires me. All the Best to you on your new venture God Bless!
Lol. It would get so many fake bids
Will definitely be watching every video if you wanna upload an extra time per week!
Thank you so much!
Inventory - $18,758.72
2,953 items
If someone came up to me today and said they'd give me $20k for everything no questions asked id help them load the truck right there and then.
what kind of items
@@giovannidiomede4606 Anything and everything
Eye opening right?
I'm at the part of the video with someone asking if you answer the question if you are a reseller. I had a lady ask me yesterday at the thrift and I said yes I am as I have my cart overflowing. She said here's my card call me. I have an entire closet full of named brand clothes and shoes never worn. I was excited, but a little scared, because people want to sell either super cheap or they want store prices for their stuff. I guess it doesn't hurt to go check it out and see where her mind is at kind of like American Pickers right? I looked her up and she and her husband own a real estate company. The point is, I'm sure she wears super nice clothes and so does he. I don't want to go in there and she starts telling me she's selling her coach shoes for $30 because Ebay sells them for $40, you know? 🤨
You can assume they want full retail and never go or you can actually go and check it out. Be upfront, you need to make money and have margin.
It is worth checking out cause she likely has a lot more than clothes. I’m a realtor & reseller, I started it when clients started telling me to empty out houses or sometimes the kids would take over their parents house and they would pick out a few items they wanted and tell me to junk the rest or to literally keep it. My garage was getting packed with free stuff and someone gave me the idea to resell back in 2021. I did it not to become a millionaire by any means, but if I could make an extra $300 a week I would be happy. That would cover gas, give me extra money for bingo, pay utilities, or car insurance cause that shits gotten expensive. My husband wants me to scale my business to where it will cover all the bills including the mortgage and make this my job full time. We’re at ends and can’t see eye to eye on this part yet because when I enjoy something it’s easy to do but when you take that enjoyment away it’s harder to do and I don’t think he understands that. 😅 My ❤ is forever is real estate but I would be lieing if I didn’t say that due to the high interest rates my annual income went from a 6 figure income and doing 6+ deals a month to 2024 im lucky if I get 2 deals a month and I’m projecting a 5 figure annual income with my real estate career. This number is only based on traditional deals such as helping clients buy & sell. This doesn’t include investments or rentals. Most of my colleagues have sold more than half of their air bnb portfolios. So I’ve had to do creative deals in order to make up the difference in loss of income and find ways around having to pay my broker fees cause they charge us fees per deal and they get that from our commission and those fees have gone up to everywhere. I’ll set up a consultation fee or referral fee other RE professionals can pay to my LLC instead of to me directly. Right now Sub 2 deals are popular especially with the increase of people getting behind in their mortgages or facing foreclosure. So anywho I kind of trailed off, but I also sell candies on TikTok and that I do for fun and make extra side $$ there. My point is realtors are great friends to have in reselling they come across things all the time and since we usually work weekends we don’t have time to do yard sales so the stuff keeps piling up. I’m sure plenty of realtors are looking for extra side cash to make up their loss in income so doesn’t hurt to ask. 💯🔥
I know you say that there's nothing to learn from going to a flea market that you're the president at, but I think there is value showing what you can build up to in addition to the traveling to build new connections and showing how to build it from the ground up. You could even merge two into one video showing how to build the connections and what it's like once you got ALL the connections Mr. President. Thanks as always for the live call, love rewatching the replays.
Appreciate that perspective!
Congrats Tech! Well done. 👏🏻 👏🏻 👏🏻
Appreciate that!
When you come to the SF Bay Area, I would like to meet up with you and other Bay Area sellers.
I'd be so happy to do that!
Thank you Boss like always a million $ Information we appreciate it
I appreciate you always Z!
Man,you are so inspiring.
Appreciate you checking out the Q&a this week!
Come back to central Florida. We can go to the Daytona Flea Market. I haven’t been since pre COVID
Dm me
Congratulations on your achievements 🎉
My man!
Hello from Gram in Illinois!
Hey Merry!
Come to NYC it can’t be done 😂
Yeah right lol. I know so many NYers crushing it. But I'll surely be there
Really appreciate you taking the time to share your experience and knowledge. Big ups! Pretty sure we met at a festival the Beasty Boys were doing their thing. Man that was a minute ago now. Welcome to the Future!
I never been to a Beasty Boys festival lol
They just played at the one I’m thinking of. There were tons of other acts. You scooped gear from us last day as we were packing up. Could be someone else that looks like you that was selling clothes and wanted wholesale. My mistake if so.
@@e.7202 definitely not me
@@technsports bummer they ripped it up
How in the HELL did I only find you NOW?
Not sure, but I apologize. That's my fault. You're here now, check out all the previous videos tons of helpful information in all of them.
@@technsports ❤️ I’ve been watching for a few weeks now.
I’m a small beginner part time reseller. About your mother’s age. You mentioned that she posted 5 or 10 a day. How did that go for her? She’s lucky to have a great teacher, you!! If you do travel to west coast, I assume there are lots of resellers here who would like to meet with you. I hope I can join in. Thank you
I'd love to meet up with everybody! My Mom is doing okay!
good morning!
Top of the morning!
I chose the one with Carrie next!! 😉
Okay maybe that'll be the winner next week!
How are listing an item in 30 seconds? That’s crazily fast!!
I believe he puts measurements and flaws only in photos. Typing out unique and descriptive details for every single item eats up time. It's really not super necessary for roughly inexpensive items, like under $50 or so. And buyers can return things even with every flaw described and photographed. He probably just used a generic text template for different types of items.
I type everything out and list manually. I've about half a million listings. I do not use generic templates. like @loutwel6903 says
Absolutely love questions and answers! Sorry to be such a rookie but what do you mean by comps??
An example of an item we can use to base our pricing for our item.
@@technsports Thanks very much got it🙂
What do you find is more successful in marking down aged inventory-sending a coupon, discounting a dollar amount, or discounting a percentage off?
I've done discounting percentage and it's worked well for me
Hello, I have stopped thrifting to catch up on my deathpile (which is a lot). Do you recommend to hold off on thrifting or just thrift less? Thank you!
I have the same question. I have been thrifting 16:00 one or 2 items. Of course adding to the death pile.
My APS is 2.19. No way would I sell for my cost.
You can spend $2.19 on horrible items too
@technsports can you remind me when this live is? We're both in Fl on Eastern, but I keep showing up late
8 PM EST!
Thank you for all the great information! I have been a clothing seller for the past few years and I just went full time last year. I want to increase summer sales. Should I increase my promoted rate of 4.1% or should I increase my coupon of 10%? Not sure which would be more effective. Thank you again for everything. I love watching and learning from your videos.
Hard to give guidance based on just this. Neither may have an impact depending on the item(s).
I told you Tech You would be number one in selling the Resellers Rocks if you sold them right now
Can you imagine! lol
This session was just too funny (your goal excitement) while being very educational. Participants were even selling their grandmothers to logon for you to hit your goals for the chats and likes...the Winners who help you reach your goal (#1 and the last one) should get a free cool cap or single stitch shirt....what say you team?
Whatever we got to do to keep breaking records!!!
Yea I would like to talk with you as well, but I am not #1 lol........yet
Not yet #1 cornhusker!! lmao!!!!
I sell pure Silk items, it's really unsuccessful. However at times I have bought a piece of silk for £1 and sold it for £100. Most people in my opinion sell Pure Silk too cheap. My average Silk clothing items is £4.
* when I buy from thrift shops. It's also becoming more rare to find.
The market is the market. If people sell it against your opinion, that is the market and we may have to adjust.
Hi please I need help getting organised I work from 07.00 till 11.00 British time rest of day wasted just going back & forth hany advice very welcome thanks tec
What's your reselling schedule?
When doing your bookkeeping for cash purchases at the flea market, are you basically putting the entire purchase price of the item as including sales tax? So the sales tax would be baked in with the purchase price? Or are you claiming no tax paid, and possibly have to pay the tax later? I’m not really sure how this works.
For example, if you bought something from the flea market for $50, are you writing in the books “Item cost $47.17, Sales tax $2.83”
Or are you writing in the books “Item cost $50, Sales tax $0”
Sorry if this is a technical and confusing question. I hope it made sense
You will have to ask your professional about this. I am not licensed or approved to give advice about this. Sales tax is on the seller to report. So for the vendor it's baked in if it's $2 flat. Do they pay? Not sure.
@@technsports Good call. I’ll definitely ask a CPA about this and get more clarification. Taxes can become so complicated sometimes 😅 Thanks for the help!
im real late sorry i wasn’t there for your count
No worries you are here now!
im ranked #7 in the HOOKAH category. Going for #1!
#1 or nothing!
@@technsports I’ll be #1, no doubt!
Hello Technsports I live in an absolutely terrible location to get decent inventory any ideas what I can do? I have a hard time catching a live
Move
Go further
Learn more
Network with others
Go to more stores
Source online
etc
Hello
Hey!
hey tech … i worked out my small store has a 19% conversion rate since jan …. 1140 visits / 48 orders [approx ] …. is that not super high ?
Depends. Are you selling garbage? Or gold bars?
How do you make any money? I sold jeans for 19.99 and 9.99 shipping. After fees and shipping, I grossed 11.01. I did the promoted thing and it cost 3.45ish. so even if I didnt do the promotion, I would still have nade less than 15.00, still owing taxes. And I got the jeans free, which would have cost at least $5. So how do you make real money?
Find items that sell for more than $19.99 & don't need a bunch of promotions or sell more $19.99 items and do more volume
Chat
Time
Chat time let's go!
Are u keeping your brick and mortar?
The lease for the b&m doesn't end until August of 2025
I remember reviewing my quality report and being confused on the MPN errors. Do you have any info on this?
They are looking for manufacturer part numbers, but for pre-owned we won't have those.
@@technsports 🤯 thank you!
The economy is worse than i thought if nick foles is watching reselling videos.
Dude won a super bowl and now he's ebaying on the side? Sheesh
Lol. He's getting paid. Got to put some respect on his name!
Reseller Rock finna sell out first drop!
lol!
Brunello Cucinelli, lol
Brew-nelllllooooo Suuukarelli
@@technsports hahahaha, LMAO!!!
Yes, more videos. 👊
Okay I'll mix some in, thank you!
I need help writing better titles
Such as?
The cost of goods and the amount you have locked up…… eye opening doesn’t come close. Mind blowing is not an overstatement
Something to really consider
So when your officially retired...are you or will someone else be doing this ebay subscription page, will we still be getting all this info or will you be shutting this all down...I'm new so just wondering as I haven't heard/seen anything about this...thanks for all your knowledge n time for us! 😊
I'll do it until I have no more value to offer. So get all the info now!
❤
Appreciate you Sergio!
🐐
Hey JD
MERCH LINK PLEASE
www.resellergreatness.com
Merch hats please. :)
What was isaiah channel's name? Isaiah_TM??
Isaiah_TMN!!
@@technsports Thanks Tech congratulations on your early retirement.