the REASON most eBay resellers don’t make a full time living

Sdílet
Vložit
  • čas přidán 13. 07. 2024
  • For supplies, a free trial on 1:1 mentorship and inventory to sell, check out www.dailyrefinement.com.

Komentáře • 958

  • @dragongaming4993
    @dragongaming4993 Před 3 lety +215

    What I found is that when it becomes a necessary job it loses its fun and becomes just another job stressing you out

    • @etchosts8162
      @etchosts8162 Před 3 lety +86

      Its better than being micro managed at a job. Being your own boss is priceless

    • @argylega
      @argylega Před 3 lety +29

      @@etchosts8162 This is why I've made this my goal. My dad owned his own business for 40 years, so I'm well aware of the drawbacks and challenges that come with it - but at the same time, being your own boss is a massive benefit that can't be understated.

    • @juliawilkinson
      @juliawilkinson Před 2 lety +1

      Thanks! This was very helpful. Yes there is a lot to it. I enjoy the sourcing and am still working on expanding my niches and ways to get the best inventory that will actually have demand! I look forward to watching more of your videos.

    • @mymidlifeadventures4248
      @mymidlifeadventures4248 Před 2 lety +3

      @John Wick the world will NEVER suffer a shortage of workers.

    • @lalegende2746
      @lalegende2746 Před 2 lety +4

      @@etchosts8162 Absolutely agree. Being your own boss should always be the ultimate goal. Even if you start working a part-time job, you’ll eventually transition to working for yourself.

  • @colburn6969
    @colburn6969 Před 3 lety +82

    I've have been selling on eBay part-time for over 15 years & started full-time a little over 2 years ago & to be 100% honest it takes a certain type of person to do this full-time......You gotta have qualities & experience in many different field's & I've been collecting or selling vintage toys/sports cards/electronics or antiques my whole life basically & I'm only 42 but it took a lot of time & dedication to learn what I know & now I sell over 1k a week buying only from local source's & I'm still climbing so it's definitely possible with lots of hard work....... I haven't started CZcams yet but that's the next adventure because I'd like to share with people on how I do this everyday......Great Video & just subbed......

    • @holotrout
      @holotrout Před 3 lety +1

      Hood for you. I’m one huge hurdle behind of you and just started my CZcams though

    • @holotrout
      @holotrout Před 3 lety +1

      *Good

    • @thenman23
      @thenman23 Před 3 lety +2

      yeah before i was only selling new product, just a few minutes ago i learned I'm missing out not selling used product.. exciting stuff

    • @larobinlashay9959
      @larobinlashay9959 Před 3 lety

      Can you show me?

    • @CoolGuy-vw9qt
      @CoolGuy-vw9qt Před 2 lety +1

      I used to sell lots of what you sell but it is getting very hard to find good stuff to sell now.I used to get so many things from garage sales and flea markets but getting very tuff now

  • @dogsitterlife5023
    @dogsitterlife5023 Před 3 lety +38

    I really related to this video a lot. People don't realize that although selling something on eBay is easy, making real money is a lot of work and takes a lot of thought.

  • @LockerLootersIN
    @LockerLootersIN Před 3 lety +22

    My wife and I full time resell. We haven’t focused on one particular thing because we love sourcing in bulk at liquidators, storage auctions, auctions in general or yard sales. We have several avenues for selling though. eBay is definitely the largest but we have an indoor flea market, yard sales and a huge 10 outdoor flea market in October. Right now we average about $800 a week on eBay (it has been higher). We limit ourselves because we like sourcing more than we do the listing. Thank you for sharing your thoughts.

  • @creepycraiyons3519
    @creepycraiyons3519 Před rokem +13

    I have a rule. I don’t buy just anything to resell. I buy things my size things that I need anyways or things I think are cool myself. Essentially I’m only selling my personal collection of cool things. I feel it helps me stand out with a bit of character. I’m not worried about stockpiling overhead. I like sharing cool things. If it sits on my bookshelf or someone else doesn’t matter to me. But I won’t bring myself to be one of those “flippers” that just sell anything.

    • @robertromero8094
      @robertromero8094 Před rokem +2

      Right. I only buy stuff I like so if it don't sell I get to use it.

  • @thebeeskneestreasures3596
    @thebeeskneestreasures3596 Před 3 lety +24

    Also want to add that I loved when you said "Just because you read about it or watched it on CZcams, does NOT mean you can do it. You got to practice" . No wiser words have every been spoken! :)

  • @KOOKSSTATION
    @KOOKSSTATION Před 2 lety +12

    I watched CZcams my whole life and this is by far one of the most well spoken smartest individual I came across. Bravo! By the way you speak and deliver information you deserve everything you have. Thanks for the advice :)

  • @wtfyoumeaninvalid
    @wtfyoumeaninvalid Před 3 lety +86

    The problem I've always had with transitioning from side hustle to full time was always lack of business knowledge.

    • @habibaroyees
      @habibaroyees Před 3 lety +1

      Exactly

    • @AyeWall
      @AyeWall Před 3 lety +8

      There's so much free access to where you can learn that knowledge with google and youtube that you just have to invest some time into it and make yourself do that not so fun part of the business

    • @wtfyoumeaninvalid
      @wtfyoumeaninvalid Před 3 lety

      @@AyeWall Yeah, there's plenty of info out there. I feel like business is kind of like music though. Like one of those things that some people will never be able to do.

    • @AyeWall
      @AyeWall Před 3 lety +5

      @@wtfyoumeaninvalid i suppose so, not really sure. It came pretty natural to me. I went from what he said of sourcing around my house because it sounded fun to 4mos later i'm doing $6k+ gross a month on just ebay and now doing amazon fba as well.

    • @giftapfel
      @giftapfel Před 3 lety

      @@AyeWall Where do you source your products? Are you doing garage sales/thrift stores or did you just go straight into wholesale?

  • @MidwestPicker
    @MidwestPicker Před 3 lety +40

    All true. The next important hurdle is making your hobby a legit and legal business, licensing, permits, record keeping, taxes, etc. Great video!

    • @mattbenmusic3763
      @mattbenmusic3763 Před 2 lety

      Good statement. I will be doing that this coming year.

  • @asianangel5400
    @asianangel5400 Před 3 lety +39

    With anything in life, one must work for what they want.

    • @ChicagoGuy77
      @ChicagoGuy77 Před 3 lety +4

      It’s not always that easy. Luck and timing also play a big role

    • @maxrosspodcast2352
      @maxrosspodcast2352 Před 3 lety +2

      @@ChicagoGuy77 you make your own luck and timing

    • @ChicagoGuy77
      @ChicagoGuy77 Před 3 lety +1

      @@maxrosspodcast2352 not that easy buddy 🤣

  • @iamhexoronii
    @iamhexoronii Před 3 lety +55

    1000 a week? I’d be happy with just 500 a month

    • @audrey-zd5dm
      @audrey-zd5dm Před 2 lety +1

      Daaamn I’m a broke student I will take anything, been selling on vinted and sold 3 items for 30£ 😅 it took a long time to make the first sale after that I’m finding it so much easier

    • @declanosbourne62
      @declanosbourne62 Před 2 lety

      Is vinted a website for selling?

    • @40EntrepreneurDrive
      @40EntrepreneurDrive Před 2 lety

      Same here. When I was able to make a few hundred dollars I wasn't able to replicate it

    • @legoboy-ox2kx
      @legoboy-ox2kx Před 2 lety

      I do that easy

  • @dailyrefinement
    @dailyrefinement  Před 3 lety +15

    Https://www.patreon.com/theresellerspodcast

  • @khoryvodkamiss9725
    @khoryvodkamiss9725 Před 3 lety +16

    "The majority of people don't like listing more than 4 hours" me over here listing for entire days some times lol but I like to do burst listings, I'll list up 40-60 in one day about 2 or 3 times a week and then every week delist and relist between 70-120 listings. Idk works for me. When I list up a bunch in a day I'll make between 20-30 sales in 1 or 2 days after.
    Oh, little tip for those who made it this far, local free listings are a great way to source things for free. I pick up free things all the time and fix it up and resell it. I was given an autoclave (sold for 1500) and a sentry air system (sold for 650) for free because the guy needed help cleaning out his storage and removing trash from it. He had to be out that day and couldn't sell them himself in the time frame he needed. Seriously. You would be surprised at what cool things you can get searching your local free listings.

  • @josheeyzgaming3662
    @josheeyzgaming3662 Před 3 lety +50

    Yea, I source almost every thrift store I go to. And my main niche is Electronics and video games on a good week I can make almost 3k. But average around 800-1k a week, but the profits always be at least 5x what I paid for

    • @dailyrefinement
      @dailyrefinement  Před 3 lety +9

      Good work

    • @WilliamSmith-ex9et
      @WilliamSmith-ex9et Před 3 lety +9

      BullCRap

    • @golokin1532
      @golokin1532 Před 3 lety +5

      Im A+ certified Comptia, 901 902, and tbh...with goodwill and yard/garage sales specifically, if you know how to fix up consoles systems or old computers, you can make up to even 5× or 10× what you paid for them after referbish.

    • @jcastro91235
      @jcastro91235 Před 3 lety +1

      That’s awesome I know it’s not easy that’s why I’m afraid to do it

    • @shadowspond3488
      @shadowspond3488 Před 2 lety

      same here. i sell clothes mostly

  • @jeannieakana808
    @jeannieakana808 Před 2 měsíci

    Grateful for you Chris!! You make this Journey so fun for me!! 🙏🙏

  • @amead78
    @amead78 Před 3 lety +6

    The problem is that people watch all the picker videos on CZcams and think that it’s an easy business because most pickers only show when they’re successful. They don’t show all the times that they don’t find any inventory to sell. Another thing that they’re not prepared for is all the paperwork and documentation that you have to keep for your taxes. Especially now that eBay is forcing you to report everything.

  • @MTBTexasBikeRider
    @MTBTexasBikeRider Před 2 lety +7

    I love selling on eBay I been doing it for almost 20 years.. it can be fun and easy to sell on eBay you just have to find your easy selling items that are easy to sell but also easy to ship so it doesn’t wear you down! I hate selling big items that’s why I sell small items easy to package and to ship just make a plan for your self and your business so that you do have fun working for your self. I hope this was helpful Good Luck 🍀

  • @cretan982
    @cretan982 Před 3 lety +4

    Just contacted my first supplier with a wholesale pitch. Been selling their product sourced from Amazon...if I can get it direct it takes my biz to the next level. Inspired by you.

  • @shurdoo
    @shurdoo Před 3 lety +1

    You always give the BEST and most encouraging info. Love your channel. Thank you!

  • @josephsalerno7325
    @josephsalerno7325 Před 2 lety +8

    I agree with most. I am fringe full time. I have a full time 6 figure job and this honestly started as hobby to see if I could do it. I honestly commit about 8 hours a week. The key is to develop a route. For me I travel about 75 miles between 3 states to purchase items from thrift stores, marketplace, goodwill, and salvation army's. Find a niche. I am into media and video games. Find out who the managers are to learn when your specific items are being laid out and show up early. Having a route and niche will be the 1st steps. Media is the best as items are small, easy to ship, and does not take up space.

    • @Timetravel1111
      @Timetravel1111 Před 2 lety

      Thank you Joseph that’s a great advice to share are you still mainly doing video games VHS books sick DVDs or are you finding other items that you like to sell any antiques Cetera

  • @hectornieves7611
    @hectornieves7611 Před 3 lety +40

    I genuinely saw a CZcams video and thought “hey this is pretty easy” and I started with 1 item and now I’ve been doing it for 5 weeks and I’ve done $1500+ in sales and have a profit margin of around 24-28% after all costs and expenses. This is now become my weekend hobby and I think it’s more fun than actual work for me, but I understand where the full time aspect comes in. Good video!

    • @dailyrefinement
      @dailyrefinement  Před 3 lety +1

      Thanks

    • @gronet75
      @gronet75 Před 3 lety +1

      Which platform is better EBay or Amazon

    • @hectornieves7611
      @hectornieves7611 Před 3 lety +2

      gronet75 it honestly depends. I use eBay, Mercari, Poshmark, StockX, GOAT. It all honestly depends on the genre you’re selling. I personally stick to shoes and clothes, but will sometimes branch out on automotive parts if I come across them at an estate sale etc. I mainly stick to retail arbitrage and the goodwill for my findings, but have made decent flips on vintage car parts (since I’m a gear head) lol

    • @gronet75
      @gronet75 Před 3 lety +1

      @@hectornieves7611 thanks for your answer , I will start on eBay and check the others

    • @hectornieves7611
      @hectornieves7611 Před 3 lety +4

      gronet75 also don’t forget about Facebook Marketplace and OfferUp! Those are local platforms and I’ve made some sales on those as well.

  • @twokindredsouls
    @twokindredsouls Před 3 lety +6

    This 48 yr old momma knows her Pokémon! It’s Bulbasaur! I’ve raised 4 boys and one tomboy and they all love Pokémon! Now that my kids are almost raised, I’m watching your videos and learning how to grow in a “new” direction! Thanks for sharing all of your hard work and knowledge with us! It makes a difference to many of us. 🥰

  • @christinecarswell8611
    @christinecarswell8611 Před 3 lety +2

    Thank you so much for sharing your perspective! you said some things that really hit home. great content :)

  • @WritingFearlessly
    @WritingFearlessly Před 2 lety +1

    Always inspirational in a unique way - straight to the point. Thank you for the information 👍🏻

  • @rawsanity27
    @rawsanity27 Před 3 lety +14

    I used to sell on eBay and I made more than just a living. I plan on doing it again too. Gotta know what ya doin.

  • @AlejandroHernandez-bj5ho
    @AlejandroHernandez-bj5ho Před 3 lety +6

    Best video ive seen. Everyone just says it’s easy but no one tells you how it is like this guys just did .

  • @KaylaRoge
    @KaylaRoge Před 3 lety +1

    This was amazing!!! Great info!! I'll be doing this asap with my reselling biz! Thank u 👏🏽👏🏽👏🏽

  • @nobodyatall4002
    @nobodyatall4002 Před 3 lety +1

    Very informative, thank you so much. I've been looking for tips and advice on this subject and found your channel.

  • @jac1057
    @jac1057 Před 2 lety +4

    Pokemon Bulbasaur, cute! I'm still downsizing my home for now. Will definitely come back to this video when I need to start sourcing and need a good reminder of what I can accomplish and can do. I remember watching you when you started out in your garage and had very little furniture in your house. Very cool to see how you have grown and your accomplishments. Thanks!

  • @melissasimon5761
    @melissasimon5761 Před 3 lety +6

    Hey Chris. You do such a great job on here helping us. You have the voice of a radio dj and I love listening to your tips. You inspire us to work harder.. oh n of course.. bulbasar

  • @autumnmossberg6831
    @autumnmossberg6831 Před 3 lety +2

    Bulbasaur! Thank you for keeping your videos short and informative! So much quality packed in!

  • @crush42mash6
    @crush42mash6 Před 3 lety +2

    Lots of Great point, much appreciated with your experience

  • @kingg_roast259
    @kingg_roast259 Před 2 lety +7

    Honestly I do this part time, I go to garage sales , goodwills buy cheap items for $1-3 dollars . Sell for $10-15 it does take time and gotta realize you gotta use gas, boxes to ship , tape I understand you

  • @garyk.nedrow8302
    @garyk.nedrow8302 Před 3 lety +25

    The advice in the video is sound, but there was no discussion of the most essential consideration -- demand. There are hordes of people selling niche products on Ebay for which demand is limited (or non-existent). You must sell what customers want and will pay for frequently. Otherwise, you will tie up capital by holding too much inventory for too few sales. See the video on the top niches for selling on Ebay as an introduction to the demand side.

    • @juliawilkinson
      @juliawilkinson Před 2 lety

      Hi Gary.. do you know the title of that video? I’ll look for it. Thanks!

    • @Jp-gc6bh
      @Jp-gc6bh Před 2 lety +2

      I just started selling, a really long time ago a bought a huge lot of strategies. For 20$ got a bunch of Pokémon ones, a bunch in bad condition but about 4 in great condition. I currently just sold the 4 good ones and people are bidding and sending offers on all the beat up ones. BEAT UP, it’s as you say. You gotta make sure it’s desirable and in demand

    • @c8h8e8c8k8m8e8o8u8t
      @c8h8e8c8k8m8e8o8u8t Před 2 lety +4

      @@Jp-gc6bh Seriously. I knew a guy once. Found a dead Pikachu on the side of the road. Legend says it's still being bid on to this day.

    • @MJ-gm7km
      @MJ-gm7km Před 2 lety +1

      @@c8h8e8c8k8m8e8o8u8t 🤣

  • @emccammon10
    @emccammon10 Před 3 lety +2

    Been enjoying your content for a little while now. You have helped me keep focused on daily improvement. Bulbasaur, I sold one on ebay when I first started. Made great money on that guy!!!

  • @2strive405
    @2strive405 Před 3 lety +2

    Don't know anything about the Pokemon but what I do know is that I learn from your videos and I appreciate you putting the effort forth to create them!

  • @aprodigalchildreturn
    @aprodigalchildreturn Před 3 lety +11

    Bulbasaur, a highly underrated Pokemon! And you're so right, it's different when you begin to transition from selling all "your" stuff (i.e. the Columbia boots off my feet) to getting new inventory!

    • @tomato7955
      @tomato7955 Před 3 lety +1

      Underrated? Not really. He’s one of the most popular Pokémon of all time. Pokémon poser.

  • @spacegamer85
    @spacegamer85 Před 3 lety +3

    Chris you always provide great content that I can take and use. Also exposes my weaknesses But sometimes you need someone to tell you the unvarnished truth.

  • @j.gverse6344
    @j.gverse6344 Před 3 lety +1

    Thanks for the video man! Really insightful.

  • @tammiekhula493
    @tammiekhula493 Před 3 lety +1

    I'm just starting bulk wholesale purchasing...I was taking baby steps...now ready to start bulk. Great video..

  • @everafterendings
    @everafterendings Před 3 lety +7

    Bulbasaur! Thanks to my son's Pokemon obsession when he younger 😁 Thanks Chris for your tips and information. You are throwing out great nuggets of information that I need to work into my business.

  • @slippinjimmy2077
    @slippinjimmy2077 Před 3 lety +21

    Like some of these other folks, my wife and I are starting our own business. One thing I’ve been saying is inventory buildup = more sales. Trying to get it to where it’s no longer an investment but lot purchases are made from profits which in turn = more sales. You sir are the fourth CZcamsr on reselling I’ve subscribed to and this is the first of your videos I’ve watched. While all have their pros and cons, this has been the most informative. Thank you for that. Looking forward to seeing what else you have and what else you put out.

  • @ExcelTutorials1
    @ExcelTutorials1 Před 2 lety +1

    Thank you for the awesome video man!!

  • @Tony-ow3if
    @Tony-ow3if Před 2 lety +1

    Great video man....very helpful

  • @angiefrahm5430
    @angiefrahm5430 Před 3 lety +3

    Bulbasaur! I'm just getting started but just trying to learn a little bit...learning so much!👍

  • @riskyy2657
    @riskyy2657 Před 3 lety +19

    Lol “you sell your couch and sit in the floor” 😂😂 air mattress might be the move

  • @Agentstickyfingers
    @Agentstickyfingers Před 3 lety +1

    Wow! I thoroughly enjoyed every min. of your interview on Dominic’s channel (Prime Time Treasure Hunter) Chris! You have a very numbered approach to business and I fully appreciate that. It’s how I do business as well so it’s really great to find someone who speaks the same language that I do!
    I just subscribed to your channel so I’m looking forward to learning more about resale... from an investors stand point! (That’s my approach to the resale game.) For me it’s all about the Infinite Returns and the numbers approach to resale is what it’s all about! 8

  • @LinFo23
    @LinFo23 Před 3 lety +2

    I like the way you think. Your tips are so helpful. Thank you for your content and showing Bulbasaur.

  • @ashleyyeats7937
    @ashleyyeats7937 Před 3 lety +4

    pretty spot on with what you are saying, i would add don't pin your self into a corner or "what you know" as this hold some many people back

  • @wayneG68
    @wayneG68 Před 3 lety +3

    Our mentor showed us his bank account and we were hooked. Saw out first listing go from low to high on the matter of hours. Had over 6000 items in all categories on an e-commerce site. Joined forums to sell my goods worldwide and still lived day to day because it's a crap shoot. So you are 💯 correct. I got up at 6 and started work at 7. Stopped around 10pm for 7 days a week. Had specific sources and even sold for others but you need to be more dedicated too then working for a boss.

  • @THEFISHGAMESMTG
    @THEFISHGAMESMTG Před 3 lety +1

    Just subscribed! Thanks for a great video. :)

  • @benwarden1649
    @benwarden1649 Před 3 lety +2

    Bulbasaur !! Love your channel. Always dropping knowledge .

  • @J89943
    @J89943 Před 3 lety +3

    1 You need to know what your selling
    2 You need to make profit
    3 You need to reinvest in your stock
    4 Use other people’s knowledge to help
    5 Pay the Fees
    6 Make sure the buyers happy
    7 Be patient
    8 Use Quickbooks or an Account
    9 Work hard
    10 Be grateful
    BONUS Be creative

  • @ericg9092
    @ericg9092 Před 2 lety +4

    Great point on commissioned sales reps being poor at building this type of business. I've been a sales rep for most of my professional life, earning a good salary while I did it. It's easy to sell and differentiate a product once it's on-hand, but it's another story entirely when you have to source, store and and ship the inventory you need on-hand to sell.

  • @johnandjuliegrant3661
    @johnandjuliegrant3661 Před 2 lety +1

    Hey, This is a great video. Well done!

  • @hichammestini3383
    @hichammestini3383 Před 3 lety +1

    Harshly true.. Thanks Chris!! Keep growing

  • @mzzzol
    @mzzzol Před 3 lety +54

    I DO I make my living selling on Internet. I sell on Amazon, ebay, mercari, etsy and I manufacture clothes and sell it on line.
    I think the future is manufacturing something.

    • @dogsitterlife5023
      @dogsitterlife5023 Před 3 lety +2

      I agree. I'd like to learn more about it.

    • @on9francisyu
      @on9francisyu Před 3 lety +3

      The future and the past is always about manufacturing. Or you can say making stuff cheap and sell it for a higher price.
      If we can all own the mean of producing then it would be amazing.

    • @dogsitterlife5023
      @dogsitterlife5023 Před 3 lety

      @@on9francisyu What happened with nanotechnology? Does anyone know?

    • @itsyaboiherman
      @itsyaboiherman Před 3 lety

      I'm trying to crack the amazon code

    • @commonsense1193
      @commonsense1193 Před 3 lety

      @Tryumph Kicks wow, no offense but your margins are absolutely terrible. 160k in sales to only net 35?? What are you selling brand new cars?

  • @KennTollens
    @KennTollens Před 2 lety +3

    I worked in a warehouse that was someone's ebay merchandise. The owners had 10 employees and we shipped out a truck load every day. All minimum wage workers and were treated like minimum wage workers. No benefits, they send you home the second the work is finished if you have full 8 hour day or not.

  • @alexandriaie
    @alexandriaie Před 3 lety +2

    Chris, wow 2 minutes in and you're spittin' straight facts & blowing my mind. Thank you for breaking it down.

  • @lmcdona1
    @lmcdona1 Před 3 lety +1

    Great Information! Really enjoy your videos.

  • @cnash1959
    @cnash1959 Před 3 lety +3

    Everybody knows onion turtle lol, keep up the terrific content!

  • @derekmarshall2907
    @derekmarshall2907 Před 3 lety +4

    Thanks Chris! I started on Ebay flipping basketball cards (as you know, that market has been insane), but I wanted to pivot to something less volatile and more sustainable. I still like to grade and flip cards, but your channel has helped me immensely. I source every week at garage sales, but I'm becoming nervous about sourcing in the garage sale off season. Currently, I am a full time teacher and dedicating several hours each day (and more on the weekend) to reselling. I would like nothing more than to scale up to a full time reseller in the next 1-2 years (teaching is tough these days). With your help, I think I can make the incremental progress towards that goal. You probably don't have the time to read this wordy rant, but I hope that you do. Thanks!

    • @tauseefp23
      @tauseefp23 Před 3 lety +1

      You can do teaching online too

    • @derekmarshall2907
      @derekmarshall2907 Před 3 lety

      @@tauseefp23 totally, that's what I'm doing. It's not the same and very tough. Appreciate the response.

    • @tauseefp23
      @tauseefp23 Před 3 lety

      @@derekmarshall2907 sorry i meant teaching online abroad, its in demand!

  • @TheHonestTruth
    @TheHonestTruth Před 25 dny

    One if the best CZcams videos ive watched in my 15 years on the platform
    Thank u

  • @3johndyar
    @3johndyar Před 3 lety +1

    Bulbasaur! Love your Channel have learned so much. Working my store Parttime while working FT. Gaining efficiencies every. Only spend about 5 hours per week!

  • @CorV-8
    @CorV-8 Před 3 lety +36

    Bulbasaur, am a part time reseller and enjoy sourcing. Worst part is listing.

    • @J89943
      @J89943 Před 3 lety +1

      You need the right keywords in the MPN category

    • @jcastro91235
      @jcastro91235 Před 3 lety +1

      That’s what I wouldn’t look forward to

  • @shaunmai111
    @shaunmai111 Před 3 lety +48

    I do it full time and it’s funny how so many messages I get from family and friends who want to do it “because it looks easy”. It’s easy now for me but that’s only because I put in crazy hours. Now I can walk into a garage/estate and quickly pick up valuable items. Mix in that and my negotiation skills. That’s why am able to make huge flips. It’s funny that people expect to just walk into the business and be on that level.

    • @anneautio6636
      @anneautio6636 Před 3 lety +3

      lmao this hit home for me. they list 3 items and let them sit. Easy!

    • @dogsitterlife5023
      @dogsitterlife5023 Před 3 lety

      @Canelo, The Man, The Myth, TBE. I've been debating this. I have another business that I have to be here for but I probably need to take a day off now and then and get out of my area to source, even just an hour away.

    • @Flowerlifts111
      @Flowerlifts111 Před 3 lety +1

      That’s why I keep my eBay business to myself (£600 profit a week) plus I have a full time job since eBay takes me 1 hour a day. Whoever I tell people about eBay they either think il tell them my main selling item or they think il spoon feed so they don’t have to put in any work lol

    • @southernmermaid2526
      @southernmermaid2526 Před 3 lety +2

      I get asked every week, is it easy? I always say no. As for NOT telling people, I don’t recommend it because I have a least 10 people who GIVE me free items to list and they want nothing in return. Just cleaning out their closets.

  • @herasmarket
    @herasmarket Před 2 lety +1

    I've been with you from your humble beginnings (you are right). I have to stay focus to list, list, list.

  • @TaylorExchange
    @TaylorExchange Před 3 lety

    Love the info Chris. Thanks!

  • @Learnresellingwithme
    @Learnresellingwithme Před 3 lety +10

    This is a good video! I don't want to be a $12 an hour gig economy worker.

    • @Doors067
      @Doors067 Před 2 lety +1

      Then get a masters degree and get a 50k job

  • @melanielightbeam
    @melanielightbeam Před 3 lety +12

    Bulbasaur ...how cute!!! Love that pokemon..love the cute little stuffy.
    As far as 1000 a week. My goal right now is $700 a week..and i have been breaking that goal consistently....i am almost there and proud of myself

  • @my200smile2
    @my200smile2 Před 3 lety +2

    He knows what he's talking about
    Thank you for the information

  • @AlsCollectibles
    @AlsCollectibles Před 3 lety +1

    Wow! Great info! Thanks for sharing

  • @gnagarysteventon
    @gnagarysteventon Před 3 lety +7

    I have been reselling for years and this is what feeds my family and myself its easy but you just have to be on top of your game and treat it like a real business real job and focus on changes in pricing and listing and sourcing is a everyday thing to be honest its always on my mind to make more money then I did the week before and making connections with different people all the time you cant be lazy stuff must be listed and you always have to have sourcing on the mind all the time every store i go into thrift store walmarts targets whatever im always on the hunt just yesterday 74 listings in 1 day already had 39 sales from just those listings I balance this reselling and my life and its been amazing steadily stacking my cheese 🧀 and still able to come and go and have a normal life vacations relaxation and what not its all about being focused and having discipline

  • @jr.savage
    @jr.savage Před 3 lety +11

    Its Bulbasaur! The very first pokemon!

  • @juscruzineasy
    @juscruzineasy Před 3 lety +1

    Thank you for the great advice!!

  • @J0hnnyTheKid
    @J0hnnyTheKid Před 2 lety +2

    Thanks for the advice.

  • @rinalee
    @rinalee Před 3 lety +4

    Bulbasaur! I flipped stuffed animals in my early years, made some huge ROI then.

  • @deadhorse1391
    @deadhorse1391 Před 2 lety +10

    I’ve been selling full time on eBay for over 21 years
    I think I do very well, for instance I bought and paid off my house early in 5 years with eBay money.
    I sell mainly antique tools, knives, military, gun stuff etc.
    Is absolutely no trouble finding stuff to sell, I have problems with buying to much.
    I go to a couple auctions a month and two flea market’s every week and that’s enough.
    I only sell using auctions and start most at $9.99
    Try to keep 20-30 things up at a time and do 7 day auctions

  • @f.b.8254
    @f.b.8254 Před 3 lety +1

    I love your videos! You're very easy to listen to. So many CZcamsrs are not good at explaining or describing, or they have speech habits that make it difficult to really listen to what they are saying.

  • @chriB265
    @chriB265 Před 3 lety +1

    I needed this today. Thank you!

  • @golokin1532
    @golokin1532 Před 3 lety +11

    The Pokèmon on your box is Bulbasaur, number 001 in both the National and Kanto Dex, Venusaur recently arguably is at its peak or was at its peak in Sw/Sh for the Nintebdo Switch with Gigantamax.

  • @Fredster9984
    @Fredster9984 Před 3 lety +10

    That is it in a nutshell. Crossing the boys to Men threshold.

  • @Olga-gx2vb
    @Olga-gx2vb Před 3 lety +1

    Thank you. Really enjoyed the video.

  • @Glaormb1
    @Glaormb1 Před 3 lety +1

    Bulbasaur -- Excellent video! I have been looking into selling on Ebay and these tips are excellent. Thank you.

  • @promohunters5623
    @promohunters5623 Před 3 lety +4

    Bulbasaur!! For a Pokémon reseller that question was made for me haha

  • @ozzyoscar22
    @ozzyoscar22 Před 3 lety +14

    Bulbasaur! One of the 3 starter pokemon, Sorry but Charmander was the best one. Great content and enjoy your channel!

  • @gusinthecloud
    @gusinthecloud Před 2 lety +1

    This channel is awesome!!

  • @nickibair999
    @nickibair999 Před 3 lety +2

    Goodness you are very well organized!!! Nice.

  • @noampitlik2332
    @noampitlik2332 Před 3 lety +7

    I just buy storage lockers at auction like yours. :)

  • @artimusgordon398
    @artimusgordon398 Před 3 lety +6

    I spent decades in IT consulting managing people who had gone to the best schools, worked for the best companies and had stellar resumes in a high stress, uber competitive environment. About 50% turned out to be marginal, at best. About 30% were reasonably competent and functional with regular oversight. Around 19% were solidly dependable and could operate both competently and independently. I can only remember a few dozen that I would classify as "superstars". Bottom line...in general...people suck.

  • @bubbie23jw
    @bubbie23jw Před 2 lety +1

    I agree I’m going to sign up thanks for all the info

  • @blueacquisitions7262
    @blueacquisitions7262 Před 3 lety +1

    Bulbasaur! Thanks for the vids. have learned a ton from you and Tech.

  • @xXgogooglesXx
    @xXgogooglesXx Před 3 lety +4

    Bulbasaur! I'm glad you picked a 1st gen pokemon cause that's the only one that matters

    • @brosettastone7520
      @brosettastone7520 Před 2 lety

      not true lol. I have $20 tins from 2 years ago that i stocked up on from target, they sell for $69 each now on ebay....Vintage is good, but if you know your stuff, modern pokemon is big money too

  • @popfuntoplay
    @popfuntoplay Před 3 lety +27

    I always tell people that when you are reselling things, you make your money when you buy not when you sell.

    • @commonsense1193
      @commonsense1193 Před 3 lety +4

      While I agree with you, I like to think you make the money when you get things listed. So many people just source and end up with the piles of stuff and that’s just being a hoarder

    • @popfuntoplay
      @popfuntoplay Před 3 lety +3

      @@commonsense1193 Obviously you need to get things listed to convert that cash. But if you always overpay for items then you are listing to break even and not making a profit. If you dont source at all you dont have anything to list to make a profit. And if you are sourcing too many things and cant sell them again that is also an issue at the point of buying things and not when you sell. When you look to buy things to sell, you need to pay a price that makes sense, you need to buy enough to keep yourself busy, you need to not buy so much that you get overwhelmed and cant list a thing etc. The buying part is the most important part of any reselling business, everything else is work to cash in on that buying.

    • @commonsense1193
      @commonsense1193 Před 3 lety +1

      @@popfuntoplay ok, well apparently you are ready for a debate today after posting that 3 months ago. I however am not, just figured I’d disagree while drinking my coffee. I still disagree but good thing we are all entitled to our own opinion

    • @popfuntoplay
      @popfuntoplay Před 3 lety +3

      @@commonsense1193 We all have different opinions, the question is can you learn from others and do others opinions help or hurt. I have had a lot of success reselling items over the years and I like to share my wisdom. We don't need to debate, because my opinion wont change and I suspect yours wont either. I will leave you with a case study. I had a friend who looked to buy large amounts of stuff for cheap then would list 100s of $1-$2 items on ebay. He spent a godawful amount of time listing and he had sales, 1000s a month. He was exhausted and was spending some much time listing packing and shipping and not making much money. I had to spend 6 months convincing him to stop with the cheap stuff, put more of that time he wasted listing $1-$2 items into buying and focus on items that make $20 or more profit when he listed. Eventually the lightbulb clicked and he realized, you make your money when you buy and not when you sell. You can sell all day but if all your selling is stuff that makes a small margin you will burn yourself out. Again I say its better to put the energy into sourcing and buying better items that sell faster for higher margins then to focus so much energy into selling. The selling part burns you out.

    • @dailyrefinement
      @dailyrefinement  Před 3 lety +2

      As the saying goes, indeed, you get the value from the under-allowance, but the value isn’t completed until it’s sold!

  • @kennyjwislon1
    @kennyjwislon1 Před 3 lety +1

    I appreciate you employee honesty on people.

  • @jantrapnell01able
    @jantrapnell01able Před 3 lety +1

    Always good business sense, Chris! 🌼

  • @danpak1599
    @danpak1599 Před 3 lety +3

    This video speaks the truth. I know way to many people that hop in like "oh this is easy" until they hit sourcing and their stuff isn't selling or they're losing money because the person doesn't know how to do market research/comps. Then I hear them complain like, "wow this business model sucks..." and in my head, I'm like "no, you're just bad at this and you didn't want to do the actual background work that it takes to become a real reseller."

  • @dragonfrvr
    @dragonfrvr Před 3 lety +6

    Bulbasaur. One of my best flips was a Stongbad "The Cheat" plush. Picked it up for $3. Sold for $160 with free shipping. Thank you for your knowledge Chris. You keep me motivated!

    • @dragonfrvr
      @dragonfrvr Před 3 lety +1

      Also XL if you are sending shirts out lol

    • @nicholasnazzarrio5730
      @nicholasnazzarrio5730 Před 3 lety

      That plush sells for around 4 to 5 hundred so thats not good that is actually bad

    • @dragonfrvr
      @dragonfrvr Před 3 lety

      @@nicholasnazzarrio5730 Not when I sold it. This was a few years back

  • @A1_Dean.
    @A1_Dean. Před 3 lety +1

    you just stretched my mind to a whole other level. thank you

  • @FlywheelAcademy
    @FlywheelAcademy Před 3 lety +1

    Appreciate you sharing!!