I started in november, i just hit 2k on my 90 day total sales. Thanks to youtubers like Jride flips, technsports, Flippin aint easy, shed flips, one foot flipper, and flipping junk i have a 100 item store with 40 sales in just under 2 months with a 5 a day listing habit while working a 9 to 5. also 8 positive feedback as seller and seeing 1-3 sales a day consistently for the last couple weeks. The advice these channels give is GOLD. I live by sell through rate and if not i price down until it creates a fast sell through rate. Thank you jride
What product do you sell? I use goodwill I live around 3 within 10 miles. But goodwill prices are pretty absurd these days. I've been trying to find better places to thrift.
You are an inspiration and I really enjoy your content. I am Ruthanne and I am the 4seasonspicker. I sold $36000 worth of product this year and my goal for 2024 is a $100000. you inspire me to do that even more. Thank you for your hard work. I am a natural born worker. And I believe that I can make this happen this year. I don't know you but I am very happy for you. Keep up the good work. I appreciate you.
Not being negative. Just letting your people know my experience. I run a repair shop so I started out with a ton of electronics and electronic parts and those frauds were about 1 in every 50 transactions. Until I started letting people know in my description I record the whole process of testing, shipping and returns. Electronics are a lot more likely to get at least fishers for refunds.
💯 just experienced this. I had a buyer return a 600$ gpu and sent me a box of paper. Needed a lot of proof including ic3 report and police report to get eBay to side with seller. Don’t sell electronics
🌹📚 my notes ✒ 1:30 increase positive feedback 3:00 linear v. exponential growth 7:04 store size doesn't matter 10:58 deathpile term, overspend 12:08 sell thru rate 90 day 15:17 shipping will make or break your business 19:17 serve your customers, not the algorithm 21:45 ebay island, loneliness 24:31 start now
at the start if you notice everytime he says "ebay" and he makes a statement about ebay he looks over to the left. this is a text book sign of lying or witholding truth... so im skeptical at best. i feel that hes giving us some info but not the full story here.
I know this video was 11 months ago but you just came across my feed. I not only subscribed, I would shave my head for you, guru master. I have learned so much. You’re not like the other TH-cam resellers, “Look what I sold today, losers!” You really look at the camera and give us wisdom. 🙌🏼
I'm a new seller on Ebay. I put the cost of shipping supplies in the price of the item being sold and the buyer pays for shipping at Ebay rates. So far, this is working nicely. I never list an item without having the item pre-weighed and pre-packaged if it's hard goods. Clothing is kept sealed in a zip lock bag with the item number on the bag and packaged when sold. Thanks for your videos as they have been very helpful. Picking up high sell thru items has been a huge help to our business! 💲🤑
Jake, thank you for pointing out the "eBay island" aspect. 3 months after I retired, my former supervisor called, and asked me to please come back, because sev new hires didnt show up. (All young, which doesnt make a good statement for modern youth in the workforce.) Anyway, i returned to work for another year; then worked 3 years at state parks, because my car bit the dust and I had to replace it. Long story short, after I got my new- to-me vehicle paid off, I realized I wanted to work for myself. I got into eBay and have never looked back. 😊😊
I’ve been ebaying as a side hustle for about 4 months consistently. Not doing bad. Your videos has helped. I’ve learned a good bit from you and others. Thanks for the content.
You're literally my favorite eBay youtuber. Thanks for the great content and the constant motivation! Also, imo you've broken eBay down the best of everyone. I learned the comps and sell thru rate from Ralli Roots, but it's so wholesome to hear you drill it in our heads with each video.😂 It truly is a MAJOR KEY 🔑
When you said aside, the point, I really enjoy your content. I like that you’re thorough and yeah it is a very good point. You’re utilizing as much as you can goals.
I was a buyer before seller and I never dragged payment out and always got delivery hassle free,no lost goods or damaged items. So without knowing that has actually helped me avoid scammers is great.
Amen my brother! Thanks for the great content. I’ve been selling on eBay since 2000 but not very seriously till this year. I’ve been an automotive technician for 20 years and I just turned 50 last Sunday. I really want to retire to reselling only in the next 5 years and you’ve got me pumped that it can actually be done! I work at the auto shop 55 hours a week and only have the evenings and weekends to resell but it looks like I can pull down an extra 25-35K next year part time. I’m rambling but just wanted to say thanks again for the encouragement.😊
This is by far the most informational and useful video on here regarding ebay selling. I just started a couple weeks ago, just trying to get rid of old crap and make some cash. I have 53 items listed, sold 3. Made $100. I wondered why some of my stuff wasn't selling, and had questions about selling on there. You've answered all of them and then some. Thank you.
Love the advise. Especially to tell people to get as much feedback as possible through buying before selling. Luckily I've been on ebay just as a customer since 2001. So I had a ton of feedback long before even considering being a seller. I noticed I never got those blatant scam attempts that a lot of newer sellers speak of.
I am never giving up this is changing my life Jride. You are helping me live a life I have been searching for, for 35 years. I keep telling everyone it’s going to change my life for the better and day by day I am seeing the big picture!
I'm new to reselling after being terminated in an email after 13 years of service with no explanation and no previous disciplinary action. Anyway, I've already made a few mistakes, and I'm sure I'll make some more. This video really resonated with me. I was one of those who got carried away sourcing and I have quite a bit of inventory, fortunately I can sit on it a while. I haven't had to look for employment in 30 years and I've worked independently or remotely the entire time. This is a perfect job for me. There;s a lot more to it than one would think, and I have a lot to learn. So thank you. There's a lot of information out there. I'm very glad I ran across this video and look forward to future ones.
So true about importance of sell through rate when sourcing. My warehouse is full of junk that I picked up a few years ago when I was clueless. Stuff I source now usually sells within 3 months.
I'm preparing to start selling on eBay and your video was really helpful. I just wanted to say thank you. A lot of what you said I was already thinking so your video confirmed what I was thinking. I totally agree about focusing on the customer. I've always been one of those who think of the customer I'm serving.
Thanks for explaining realistic expectations on sells for the first little bit. I keep wondering when it’ll pick up but after you explained it the way you did it totally makes sense that eBay limits sales to a new store. I’ve watched tons of videos and so far everyone has failed to mention this.
Thanks for all the advice. I’m retired military and was looking for something to do that I enjoy and this has been it. I’ve implemented your tools and in my first 90 days I’m already over 2K profit.
What a wonderful, wonderful video this is. I am not planning to make a business of selling on Ebay, but even so the tips made will be very helpful for the Ebay selling I plan to do. However, the stunning and most valuable thing about this video is you -- you have such a great, great heart. Anyone watching this should make sure to watch it all the way to the end.
Excellent tip about buying on eBay to build up your reputation! This comes with perfect timing because I’ve drastically cut my purchases on Amazon now because their customer service is terrible compared to when I first bought from them 18 years ago.
You definitely have a knack for this. Very good info. Thanks! I think reselling is really good for the environment and cuts down on waste. It's a positive contribution to society.
Great video. I watch a lot of these and this is probably the BEST information for newer resellers I have seen. Spot on with everything you are teaching. Thanks Jake.
I’ve sold 1.9k items and include a handwritten personal thank you card in every one. (Except media mail, that’s a no no). I’ve found that my customers really appreciate this - they’re less likely to get upset if they’re slightly unhappy, I get wonderful feedback and sometimes it makes their day. Because it’s time consuming during shipping I’ve started to pre write cards leaving a space to write in the item so it’s personal. Pack of 8 thank you cards at dollar tree are still just $1.
@@MeredithSinclair when using media mail you are not allowed to include anything with it, not so much as a note. I think the thought is that it’s at such a reduced rate they don’t want you to make it an ounce heavier
The loneliness is real! I quit a career of 15 years and busted my butt for the first 5 months on my eBay business and at the age of 37 I had my first ever round of depression that lasted for about six months and I finally figured out why and it was the lack of a social life. It took me a little while but I snapped out of it and I'm back to the grind again but I make sure to hangout with some of my old coworkers and it's been enough to keep me happy and rolling on. When I left I had accounted for every worst case scenario I could think of but in the end what affected me the most is missing the guys I spent almost half of my life with. I know it sounds corny but I liked the guys and my job but it was the company that had slowly changed and made me want to leave.
Yeah I hear u all the best great u getting back into it . I think goals and routines may help too ! I am definitely doing that this year to prevent the working alone syndrome health fitness goals first then going for the new eBay goals! And now using terapeak lol after building a dead pile over a few years and now moving it on big time! Keep listing
I love that… eBay island, that is so true 100%. That is what makes this job very tough sometimes because it is a lot of work there is lots of traveling to get the thrift stores a lot of our listing then shipping. This is definitely a full-time job if not more.
Thank you so much for this video. I am definitely on eBay island. I haven’t even seen friends in the last couple of months since I started this. And the ones I’ve talked to don’t really understand “this 16hr a day job”. Starting a TH-cam on the process of this journey in the next month. I hope it helps.
My mom keeps asking my gf when she’s getting a job… we roll our eyes and just ignore… people are so used to “working for the man” god forbid you do something on your own, then your aren’t working… or the other way around, they think it’s not work and just so easy 🤯
@@CallYourDaddymy parents have been the same way. I’m only doing it on the side right now, but they’ve been asking me what I’m doing, and saying that won’t work, blah blah. They’re so stuck in their ways of just working for someone else, and that’s how life works, well, for me, I don’t want my life revolving around making someone else’s dream a reality.
I'm a new reseller on eBay and your teaching has really kept me on how to start. Thanks....I will like to get more tips on how to complete setup the store for more visibility
What you suggest to save in padded envelopes or small boxes to ship through post office. Is using post office boxes that are free and wrapping them with brown paper wrapping ok to do? A video on sourcing shipping stuff?
Jacob! Thank you so much! I watch your videos frequently. I raced to your videos when I lost a significant amount on USPS ground advantage yesterday. You are very helpful and I appreciate you!!
Amazing channel and advice. I get a buzz sourcing items, an actual rush. I've shivered with adrenaline paying for items that were cheap only because I already know how much I will be able to flip it for. I don't sell tat, but high value items. Works well for me, keeps me out of a 9-5 office job and allows me to have more family time working from home. A scammer or courier losing my item in the post can seriously eat in to my profit margins big time though which is the only downside to my business and it has happened.
Hi, I have just started to sell things on eBay ( instead of buying lol ) I haven’t heard anyone talk much about the tax you have to pay on the amount of money you make at the end of the year ?? Is there any thing that you have to do different on your tax refunds ??? Will the amount of money you make affect your tax income ? Sorry if these are stupid questions, but I want to start out the right way and make the best money I can at selling !!!! Love your videos and thanks for the time you take to help the rest of us just getting started :) Thank you , Linda
I have been selling on eBay for years and always have a tax professional do my tax . People don’t talk much about it because they have someone else do it for them.
Your info on shipping was presented so anyone can understand how it works so they can be accurate. I've never seen anyone else actually demonstrate it. Also, I think most people are looking at the total cost, not shipping cost only.
Do you source through online auctions? What's your favorite place to find great stuff. We're going everywhere right now. We've done well so far. Up to about $1000 a month after only 3 months but it seems like it is increasing each month. We just need more storage space!
Thanks for this video. Returns suck! I sold a Walkman CD a player the other day. It sold within a few hours. I got a return request for the player via eBay, stating that player was damaged and only worked when plugged in. I responded to the buyer and informed him/ her that it worked fine with me when I used batteries. I never got a response. Anyhow, I sent a label and I’m still waiting to get the item. I’m thinking the buyer had no idea that the battery was needed even though I made it clear in the listing. Now my funds are on hold and I’m out of the funds used for postage.
How come my buyers are only paying my discounted shipping price? Is there a way they pay regular rate and the discount difference benefits me to help absorb package and handling expenses.
I like that you can speak throughout lengthy periods in your videos without editing multiple clips one after another. Hard thing to do. Burps and all haha
So a tad off topic, but didn’t know where else to go to ask….. Do you keep an inventory list apart from your listings on eBay or do to just let your eBay list be your inventory list. Aren't there other things you want to keep track of, that eBay didn't have available fields for, like purchase price or purchase location?
Think I know the answer, so confirmation. So the account I create to start selling, would that be the same account I'd use when you recommended we start buying stuff we normally get elsewhere?
I do my own postage instead of using eBay for one thing I don't have a printer and I just kind of guessed that the price what it's going to cost from other stuff that I have sold and most the time I come out ahead sometimes I lose a few bucks but our post office won't tell me how to figure the postage cuz they say it depends on how far it goes well you don't know that until you have a buyer
I have had ridiculous reasons for returns. Ebay allowing fraudulent returns and failing to authenticate a legitimate item. I am dreding everytime my notifications go off because it's another return.
Awesome info as always! Getting prepared before I jump in! I am an original ebay user! An ebay tech they used from Germany with accent (gave it away) stole my ebay user name! When I complained, they said thats impossible! Only cure was to change names! I went to my old username, and he had a full store set up under my name all in German! Wow! Let my credit card company know too! All of my previous purchases were there too, all USA but they said my claim was impossible! Ha! Always proceed with caution and be watching for scammy people!
When looking at sell-through rate, how far back in time can a seller see in the eBay app? Is this time span something that can be changed in settings? In my very limited experience, the Solds don't go far back -- maybe a couple of months. I would love to see more like one year's worth of Solds. Also, how do you get the juicy eBay trending stats that you share in your videos? And I agree with the eBay Island factor. It can be a drag, even though I am an introvert. Thank you for your content -- much respect!
I dont think using zero free shipping is the best way to do things imo. I like to do a mix based on specific items i know might sell better with free shipping. I myself usually like the listings that have the included shipping in the price when browsing to buy things. But for a beginner and in most cases I do shipping additionally. Especially with heavy/big items. my 2cents
I've had more returns the past week than I've had sales this week so now I'm in the red with them this week. I sell clothes and I provide measurements. My return rate has been about 3% for the past 3 years. I've had so many returns this week that it bumped my overall return rate to 7%
hey, what would be a good digital PDF for you to create is a disciplined hit list for the best items that you recommend to buy and flip on eBay..I'd buy it.
When it comes to focusing on asking listed vs focusing on sales goals those are kind of hand in hand but it rewrite understanding all through rate. The best advice is to find your MINIMUM acceptable sell through rate and then you a target of listed items that are all at that minimum or higher. If you do that and researched your STR properly than the sales will follow the listing quantity Also, recommending people only look for items for 100+% str is absurd, I've been trolling for years and do well, but I could go months without finding a single 100% str item that's profitable
I bought and then sold sports cards like you to get my feedback up. List great items at first. Get them sold. Over a year of selling...over 1,000 items sold finally had my first return request. Shipped a very well packaged diploma holder, but unfortunately it got slightly damaged on delivery. Buyer requested a return and sent a pic of the damage. No problem. I accepted the return but then they left me neutral feedback (that ebay refused to remove but I am ok with that) stating basically they were too lazy to return the item and just wanted a refund. It is what it is.
So i sold a car amplifier on ebay. The buyer had it for 56 days before messaging me saying its defective. I know it was working perfectly when i sent it off. Anyways. I denied his return request being that ots been almost 2 months and he probably fried the thing and is trying to defraud me. So now he has opened a payment dispute. I responded but now i guess im waiting on ebay to decide one way or another??? Anyone have any info about this? Im a fairly new seller. 2 years but only positive feedback. Until now of course. Thank you
Great content Jake. 😊 I was thinking of pulling back for a while. I think I'll keep it on my radar and refine shipping, sourcing, keeping track of my inventory and so on, and shoot for q4 2024.
I started selling 2/10. Im learned in this almost month...to not buy certain things. Seems like people love buying tennis shoes and casual shoes really fast but i got to step it up
I'm so glad I stumbled upon this channel. Best one I've found. I'm not sure I'm looking to start a business. I thought about eBay because my daughters have a stack of barely-used American Girl doll clothes and accessories and play sets (we had a friend who worked for American Girl so we have a LOT) they've outgrown and I was thinking about selling it on eBay. Maybe that turns into something - I don't know yet. All that is to say, do I really need a label printer? I'm going to get a scale. I can afford that. But my husband has been out of work for 6+ months and I can't really justify the expense of a label printer. Can't I just handwrite addresses on packages? Thanks so much. Binge-watched videos yesterday and they're the first ones I've watched that I could understand. Love the channel!
I had that question too since I also don't have a label printer. My mentor told me that eBay has an option to buy the shipping label by either printing it out or be able to print it out and also have a QR code. When you're going to buy the shipping label, it gives you the option to either deduct it from your funds from your total eBay sale from the item, or you pay for the shipping label with your card. For me, I personally have my shipping policy to calculated shipping, and the customer pays for it. I buy the shipping label by having it deducted by the funds of the eBay sale and buy the printed-out version AND the QR Code. When I get to the post office, I show the person behind the counter the QR Code, they print out the label for me, stick it onto the package, print out the receipt, and that's it! It takes care of everything for you from having the addresses to sending out the tracking number for the customer! As long as all the dimensions on the packages are correct, you shouldn't have a problem. Now, this method isn't the best if you're selling more than four or five packages at a time. THAT is when a label printer comes in handy. However, if you're selling less than four or five packages at a time, then the method I described is perfect. I hope this helps!
@@scarlett9050I don't have a label printer, so I just print out my labels on 2-up (2 per page) adhesive labels. SO much easier than printing on regular printer paper, then cutting out the label and taping it on, using clear packing tape. But that's also doable; it's how I did things for the first cpl months.
Had a similar experience with renting an item. Sold a Sony Handycam before the Christmas and last week received the item back stating they found one at a cheaper price. Frustrating, yes, but relisted and sold within a day! Let's hope I don't see it again 🙂
I am fairly new seller. I understand sell through rate, sort of. but every video i watch they say something different about it, and never do the math. Here you reversed the bowes numbers and came up with 200% STR. Are you suppose to divide the number sold number by the number of listings? 220/102? which = 2.15? so, is the 2.15 actually 215% ? OR is it 102/220? which = .46 which is 46% thank you for doing these videos. I am learning a lot.
I’m new and love your advice and journey. Great!! I started following same resellers you suggested. I could add Shed Flips good team working together. Thx!
I live on ebay island and have a death pile of auto parts 10x bigger then my listed items. 2 house mates that can't sit down cause of piles of parts. They wait poor every month for the government check to come. 4 days ago I told one to pickup that ABS unit in the garage and post it on ebay. Sold in 25 minutes and 50/50 split ($40 for him cash). Haven't seen him out there again. I think you can tell some people to pump gas for nothing and they will do it. Some just won't take the extra step for money. advice?
I started in november, i just hit 2k on my 90 day total sales. Thanks to youtubers like Jride flips, technsports, Flippin aint easy, shed flips, one foot flipper, and flipping junk i have a 100 item store with 40 sales in just under 2 months with a 5 a day listing habit while working a 9 to 5. also 8 positive feedback as seller and seeing 1-3 sales a day consistently for the last couple weeks. The advice these channels give is GOLD. I live by sell through rate and if not i price down until it creates a fast sell through rate. Thank you jride
What option do you use for returns for buyers
Would you recommend a 17 year old getting into this? Also what’s a good way to find sources?
This is amazing! I am right behind you! I just started 2 weeks ago.
@@Flippinliving i have 400 item store now and my 90 day is approaching 20k
What product do you sell? I use goodwill I live around 3 within 10 miles. But goodwill prices are pretty absurd these days. I've been trying to find better places to thrift.
I appreciate you for sharing the game & showing what's possible you inspire many bro 💯
You are an inspiration and I really enjoy your content. I am Ruthanne and I am the 4seasonspicker. I sold $36000 worth of product this year and my goal for 2024 is a $100000. you inspire me to do that even more. Thank you for your hard work. I am a natural born worker. And I believe that I can make this happen this year. I don't know you but I am very happy for you. Keep up the good work. I appreciate you.
bro you put me on tough. became a full time reseller in like 3-4 months with your info
Not being negative. Just letting your people know my experience. I run a repair shop so I started out with a ton of electronics and electronic parts and those frauds were about 1 in every 50 transactions. Until I started letting people know in my description I record the whole process of testing, shipping and returns. Electronics are a lot more likely to get at least fishers for refunds.
Great idea 💡
💯 just experienced this. I had a buyer return a 600$ gpu and sent me a box of paper. Needed a lot of proof including ic3 report and police report to get eBay to side with seller. Don’t sell electronics
I stopped selling electronics due to the high level of fraud and dishonesty, now I sell paintings and had only one dodgy customer in 7 years
🌹📚
my notes ✒
1:30 increase positive feedback
3:00 linear v. exponential growth
7:04 store size doesn't matter
10:58 deathpile term, overspend
12:08 sell thru rate 90 day
15:17 shipping will make or break your business
19:17 serve your customers, not the algorithm
21:45 ebay island, loneliness
24:31 start now
Thank you. Was looking for this!
@@gardenjoy5223 i rewatch all his videos glad it helps someone! your welcome!!
Omg thank u soso much!!!
at the start if you notice everytime he says "ebay" and he makes a statement about ebay he looks over to the left. this is a text book sign of lying or witholding truth... so im skeptical at best. i feel that hes giving us some info but not the full story here.
@@salesp6351 You should seek help for your paranoia
I know this video was 11 months ago but you just came across my feed. I not only subscribed, I would shave my head for you, guru master. I have learned so much. You’re not like the other TH-cam resellers, “Look what I sold today, losers!” You really look at the camera and give us wisdom. 🙌🏼
I'm a new seller on Ebay. I put the cost of shipping supplies in the price of the item being sold and the buyer pays for shipping at Ebay rates. So far, this is working nicely. I never list an item without having the item pre-weighed and pre-packaged if it's hard goods. Clothing is kept sealed in a zip lock bag with the item number on the bag and packaged when sold.
Thanks for your videos as they have been very helpful. Picking up high sell thru items has been a huge help to our business!
💲🤑
Do u have a scale to weigh items?if so which one
Jake, thank you for pointing out the "eBay island" aspect. 3 months after I retired, my former supervisor called, and asked me to please come back, because sev new hires didnt show up. (All young, which doesnt make a good statement for modern youth in the workforce.) Anyway, i returned to work for another year; then worked 3 years at state parks, because my car bit the dust and I had to replace it.
Long story short, after I got my new- to-me vehicle paid off, I realized I wanted to work for myself. I got into eBay and have never looked back. 😊😊
I’ve been ebaying as a side hustle for about 4 months consistently. Not doing bad. Your videos has helped. I’ve learned a good bit from you and others. Thanks for the content.
You're literally my favorite eBay youtuber. Thanks for the great content and the constant motivation! Also, imo you've broken eBay down the best of everyone. I learned the comps and sell thru rate from Ralli Roots, but it's so wholesome to hear you drill it in our heads with each video.😂 It truly is a MAJOR KEY 🔑
When you said aside, the point, I really enjoy your content. I like that you’re thorough and yeah it is a very good point. You’re utilizing as much as you can goals.
I was a buyer before seller and I never dragged payment out and always got delivery hassle free,no lost goods or damaged items. So without knowing that has actually helped me avoid scammers is great.
Amen my brother! Thanks for the great content. I’ve been selling on eBay since 2000 but not very seriously till this year. I’ve been an automotive technician for 20 years and I just turned 50 last Sunday. I really want to retire to reselling only in the next 5 years and you’ve got me pumped that it can actually be done! I work at the auto shop 55 hours a week and only have the evenings and weekends to resell but it looks like I can pull down an extra 25-35K next year part time. I’m rambling but just wanted to say thanks again for the encouragement.😊
You turned 50 but look 35? WTF.
@@prezidenttrump5171 thank you my friend! I act like a goof-ball and am young at heart. Maybe that keeps me looking young? 😊
This is by far the most informational and useful video on here regarding ebay selling. I just started a couple weeks ago, just trying to get rid of old crap and make some cash. I have 53 items listed, sold 3. Made $100. I wondered why some of my stuff wasn't selling, and had questions about selling on there. You've answered all of them and then some. Thank you.
Love the advise. Especially to tell people to get as much feedback as possible through buying before selling. Luckily I've been on ebay just as a customer since 2001. So I had a ton of feedback long before even considering being a seller. I noticed I never got those blatant scam attempts that a lot of newer sellers speak of.
It's good advice but you don't need 50-60 positive feedback to deter the scammers. 5-10 is usually enough.
I've got you beat -I've been on since 1999!
I am never giving up this is changing my life Jride. You are helping me live a life I have been searching for, for 35 years. I keep telling everyone it’s going to change my life for the better and day by day I am seeing the big picture!
Keep going man. I love to hear this stuff!
Started my Ebay account today. TAKING 1 Step everyday. Thank you!
I'm new to reselling after being terminated in an email after 13 years of service with no explanation and no previous disciplinary action. Anyway, I've already made a few mistakes, and I'm sure I'll make some more. This video really resonated with me. I was one of those who got carried away sourcing and I have quite a bit of inventory, fortunately I can sit on it a while. I haven't had to look for employment in 30 years and I've worked independently or remotely the entire time. This is a perfect job for me. There;s a lot more to it than one would think, and I have a lot to learn. So thank you. There's a lot of information out there. I'm very glad I ran across this video and look forward to future ones.
So true about importance of sell through rate when sourcing. My warehouse is full of junk that I picked up a few years ago when I was clueless. Stuff I source now usually sells within 3 months.
I am getting hit CONSTANTLY with returns!! At this point it is about 12% of my sales. It is not 1 in 1200... right now it is 12 out of 100 sales.
What kind of items are you selling?
@@cashmerefire7335 everything. Clothing, home goods, misc...
Yea very curious on what you are selling
@brynessataylor19 You should maybe buy sev items from other sellers, as this will give you more feedback, so you'll look less like a newbie. 😊
I have 200 feedback with 100% positive. That is not the reason at all.
I'm preparing to start selling on eBay and your video was really helpful. I just wanted to say thank you. A lot of what you said I was already thinking so your video confirmed what I was thinking. I totally agree about focusing on the customer. I've always been one of those who think of the customer I'm serving.
I'm a complete newbie, and I find your videos extremely helpful!! Thank you for sharing all your knowledge and wisdom!
Thanks for explaining realistic expectations on sells for the first little bit. I keep wondering when it’ll pick up but after you explained it the way you did it totally makes sense that eBay limits sales to a new store. I’ve watched tons of videos and so far everyone has failed to mention this.
Thanks for all the advice. I’m retired military and was looking for something to do that I enjoy and this has been it. I’ve implemented your tools and in my first 90 days I’m already over 2K profit.
What a wonderful, wonderful video this is. I am not planning to make a business of selling on Ebay, but even so the tips made will be very helpful for the Ebay selling I plan to do. However, the stunning and most valuable thing about this video is you -- you have such a great, great heart. Anyone watching this should make sure to watch it all the way to the end.
“Wonderful, wonderful video”… “Great, great heart”… why do you just repeat the same adjective?😂
❤your content and positivity. I’ve learned so much. Today is my 1 year eBay anniversary. It’s been a blast so far.Thank u
Thanks Jake. Awesome info. Presented in an understandable way.
Excellent tip about buying on eBay to build up your reputation! This comes with perfect timing because I’ve drastically cut my purchases on Amazon now because their customer service is terrible compared to when I first bought from them 18 years ago.
You definitely have a knack for this. Very good info. Thanks! I think reselling is really good for the environment and cuts down on waste. It's a positive contribution to society.
Great video. I watch a lot of these and this is probably the BEST information for newer resellers I have seen. Spot on with everything you are teaching. Thanks Jake.
I’ve sold 1.9k items and include a handwritten personal thank you card in every one. (Except media mail, that’s a no no). I’ve found that my customers really appreciate this - they’re less likely to get upset if they’re slightly unhappy, I get wonderful feedback and sometimes it makes their day. Because it’s time consuming during shipping I’ve started to pre write cards leaving a space to write in the item so it’s personal. Pack of 8 thank you cards at dollar tree are still just $1.
Now the cards will set you back $5
What do you mean "that's a no no"... what is and why? Sorry I don't understand
@@MeredithSinclair when using media mail you are not allowed to include anything with it, not so much as a note. I think the thought is that it’s at such a reduced rate they don’t want you to make it an ounce heavier
I have 56 listed with 42 sales!
Can you give an advice what do you selling
The loneliness is real! I quit a career of 15 years and busted my butt for the first 5 months on my eBay business and at the age of 37 I had my first ever round of depression that lasted for about six months and I finally figured out why and it was the lack of a social life. It took me a little while but I snapped out of it and I'm back to the grind again but I make sure to hangout with some of my old coworkers and it's been enough to keep me happy and rolling on. When I left I had accounted for every worst case scenario I could think of but in the end what affected me the most is missing the guys I spent almost half of my life with. I know it sounds corny but I liked the guys and my job but it was the company that had slowly changed and made me want to leave.
Yeah I hear u all the best great u getting back into it . I think goals and routines may help too ! I am definitely doing that this year to prevent the working alone syndrome health fitness goals first then going for the new eBay goals! And now using terapeak lol after building a dead pile over a few years and now moving it on big time! Keep listing
Yes great video thanks again
I’m glad you’re doing better mate
I can understand you, it’s good to get out and socialize, people need to recharge once in a while.
I love that… eBay island, that is so true 100%. That is what makes this job very tough sometimes because it is a lot of work there is lots of traveling to get the thrift stores a lot of our listing then shipping. This is definitely a full-time job if not more.
Thank you so much for this video. I am definitely on eBay island. I haven’t even seen friends in the last couple of months since I started this. And the ones I’ve talked to don’t really understand “this 16hr a day job”. Starting a TH-cam on the process of this journey in the next month. I hope it helps.
My mom keeps asking my gf when she’s getting a job… we roll our eyes and just ignore… people are so used to “working for the man” god forbid you do something on your own, then your aren’t working… or the other way around, they think it’s not work and just so easy 🤯
@@CallYourDaddymy parents have been the same way. I’m only doing it on the side right now, but they’ve been asking me what I’m doing, and saying that won’t work, blah blah. They’re so stuck in their ways of just working for someone else, and that’s how life works, well, for me, I don’t want my life revolving around making someone else’s dream a reality.
I'm a new reseller on eBay and your teaching has really kept me on how to start. Thanks....I will like to get more tips on how to complete setup the store for more visibility
Thank you for sharing your eBay wisdom!!
What you suggest to save in padded envelopes or small boxes to ship through post office.
Is using post office boxes that are free and wrapping them with brown paper wrapping ok to do?
A video on sourcing shipping stuff?
Could not agree more! Returns are the price of doing business !
As a newbie i really appreciate you breaking all this down.. good luck in all your endeavors
He's right about cheap price, high demand. I just love money.
I’ve been following since yesterday your information is mind blowing an extremely valuable
Great content. You present it very well. Thank you .
This is definitely one of the better “reselling starter” video out!
As the nurse flipper says, you make your money on the buy not the sale!
Jacob! Thank you so much! I watch your videos frequently. I raced to your videos when I lost a significant amount on USPS ground advantage yesterday. You are very helpful and I appreciate you!!
Amazing channel and advice. I get a buzz sourcing items, an actual rush. I've shivered with adrenaline paying for items that were cheap only because I already know how much I will be able to flip it for. I don't sell tat, but high value items. Works well for me, keeps me out of a 9-5 office job and allows me to have more family time working from home. A scammer or courier losing my item in the post can seriously eat in to my profit margins big time though which is the only downside to my business and it has happened.
Hi, I have just started to sell things on eBay ( instead of buying lol ) I haven’t heard anyone talk much about the tax you have to pay on the amount of money you make at the end of the year ?? Is there any thing that you have to do different on your tax refunds ??? Will the amount of money you make affect your tax income ? Sorry if these are stupid questions, but I want to start out the right way and make the best money I can at selling !!!! Love your videos and thanks for the time you take to help the rest of us just getting started :) Thank you , Linda
I have been selling on eBay for years and always have a tax professional do my tax . People don’t talk much about it because they have someone else do it for them.
Your info on shipping was presented so anyone can understand how it works so they can be accurate. I've never seen anyone else actually demonstrate it. Also, I think most people are looking at the total cost, not shipping cost only.
Thank you, J! We appreciate you. God bless you.
Do you source through online auctions? What's your favorite place to find great stuff. We're going everywhere right now. We've done well so far. Up to about $1000 a month after only 3 months but it seems like it is increasing each month. We just need more storage space!
Can you sell remotes with the back missing?
What about needing to filter from new to used that also changes sell through rate, no?
Thanks for this video. Returns suck! I sold a Walkman CD a player the other day. It sold within a few hours. I got a return request for the player via eBay, stating that player was damaged and only worked when plugged in.
I responded to the buyer and informed him/ her that it worked fine with me when I used batteries. I never got a response.
Anyhow, I sent a label and I’m still waiting to get the item. I’m thinking the buyer had no idea that the battery was needed even though I made it clear in the listing. Now my funds are on hold and I’m out of the funds used for postage.
What type of scanner do you use? Tia
Thank you for your content and your openness to share what you've been through.
WOW! So glad I found you. Just starting again for the 2nd time. Thanks for such valuable info!
How come my buyers are only paying my discounted shipping price? Is there a way they pay regular rate and the discount difference benefits me to help absorb package and handling expenses.
What brand/kind of scale is that please?
I like that you can speak throughout lengthy periods in your videos without editing multiple clips one after another. Hard thing to do. Burps and all haha
I appreciate all the knowledge and advice I get from this channel! I’m a newbie so it all helps a lot
Awesome talk. Easy to listen to and Very informative, thank you.
So a tad off topic, but didn’t know where else to go to ask….. Do you keep an inventory list apart from your listings on eBay or do to just let your eBay list be your inventory list. Aren't there other things you want to keep track of, that eBay didn't have available fields for, like purchase price or purchase location?
good question for a video on that topic
Thanks for the advice and encouragement. I'm super excited to start my Disney resell store!
This is very helpful. I just started and I can use all the information I can get.
Glad it was helpful!
Think I know the answer, so confirmation.
So the account I create to start selling, would that be the same account I'd use when you recommended we start buying stuff we normally get elsewhere?
Yes
Is it better to have an “individual” account or “business” account?
I do my own postage instead of using eBay for one thing I don't have a printer and I just kind of guessed that the price what it's going to cost from other stuff that I have sold and most the time I come out ahead sometimes I lose a few bucks but our post office won't tell me how to figure the postage cuz they say it depends on how far it goes well you don't know that until you have a buyer
I have had ridiculous reasons for returns. Ebay allowing fraudulent returns and failing to authenticate a legitimate item. I am dreding everytime my notifications go off because it's another return.
Part of the game baby
@@justinrivera974 this isn't a game it's a business and people who treat it like a game obviously are not trying to have a real business.
@@justinrivera974 and don't call strangers baby...its creepy.
@@justinrivera974baby.?? Show some respect, boy.
@@watthaile2053 must be a hick with that boy shit 🤣🤣🤣 GET BACK TO WORK YOU AINT SELLIN SHIT
QUESTION:
Do you log the items into reseller genie when you get home from thrifting?
Or how do you track everything.
Awesome info as always! Getting prepared before I jump in! I am an original ebay user! An ebay tech they used from Germany with accent (gave it away) stole my ebay user name! When I complained, they said thats impossible! Only cure was to change names! I went to my old username, and he had a full store set up under my name all in German! Wow! Let my credit card company know too! All of my previous purchases were there too, all USA but they said my claim was impossible! Ha! Always proceed with caution and be watching for scammy people!
Appreciate the info as usual, have had a couple fraudulent returns but much agreed that it doesn’t happen as often as some make it sound like lol
When looking at sell-through rate, how far back in time can a seller see in the eBay app? Is this time span something that can be changed in settings? In my very limited experience, the Solds don't go far back -- maybe a couple of months. I would love to see more like one year's worth of Solds. Also, how do you get the juicy eBay trending stats that you share in your videos? And I agree with the eBay Island factor. It can be a drag, even though I am an introvert. Thank you for your content -- much respect!
I dont think using zero free shipping is the best way to do things imo. I like to do a mix based on specific items i know might sell better with free shipping. I myself usually like the listings that have the included shipping in the price when browsing to buy things. But for a beginner and in most cases I do shipping additionally. Especially with heavy/big items. my 2cents
Thanks Jake what do you think the name. When I started I chosen the name but I think it is not easily to remember. Do you think that is important
I've had more returns the past week than I've had sales this week so now I'm in the red with them this week.
I sell clothes and I provide measurements.
My return rate has been about 3% for the past 3 years.
I've had so many returns this week that it bumped my overall return rate to 7%
This info is invaluable. Thank you!
You are a super amazing person thank you 🙏🏻
hey, what would be a good digital PDF for you to create is a disciplined hit list for the best items that you recommend to buy and flip on eBay..I'd buy it.
When it comes to focusing on asking listed vs focusing on sales goals those are kind of hand in hand but it rewrite understanding all through rate.
The best advice is to find your MINIMUM acceptable sell through rate and then you a target of listed items that are all at that minimum or higher. If you do that and researched your STR properly than the sales will follow the listing quantity
Also, recommending people only look for items for 100+% str is absurd, I've been trolling for years and do well, but I could go months without finding a single 100% str item that's profitable
I bought and then sold sports cards like you to get my feedback up. List great items at first. Get them sold. Over a year of selling...over 1,000 items sold finally had my first return request. Shipped a very well packaged diploma holder, but unfortunately it got slightly damaged on delivery. Buyer requested a return and sent a pic of the damage. No problem. I accepted the return but then they left me neutral feedback (that ebay refused to remove but I am ok with that) stating basically they were too lazy to return the item and just wanted a refund. It is what it is.
Thanks again I enjoyed it a lot
So i sold a car amplifier on ebay. The buyer had it for 56 days before messaging me saying its defective. I know it was working perfectly when i sent it off. Anyways. I denied his return request being that ots been almost 2 months and he probably fried the thing and is trying to defraud me. So now he has opened a payment dispute. I responded but now i guess im waiting on ebay to decide one way or another??? Anyone have any info about this? Im a fairly new seller. 2 years but only positive feedback. Until now of course. Thank you
Great content Jake. 😊 I was thinking of pulling back for a while. I think I'll keep it on my radar and refine shipping, sourcing, keeping track of my inventory and so on, and shoot for q4 2024.
So glad I found your channel!! Or should I say the TH-cam algorithm did 🤑😁. Great info.
Great breakdown...I consider myself a pretty disciplined picker.
Thanks Jake for the information please do more?
thank you so much for the encouragement and great information!
I started selling 2/10. Im learned in this almost month...to not buy certain things. Seems like people love buying tennis shoes and casual shoes really fast but i got to step it up
I'm so glad I stumbled upon this channel. Best one I've found. I'm not sure I'm looking to start a business. I thought about eBay because my daughters have a stack of barely-used American Girl doll clothes and accessories and play sets (we had a friend who worked for American Girl so we have a LOT) they've outgrown and I was thinking about selling it on eBay. Maybe that turns into something - I don't know yet. All that is to say, do I really need a label printer? I'm going to get a scale. I can afford that. But my husband has been out of work for 6+ months and I can't really justify the expense of a label printer. Can't I just handwrite addresses on packages? Thanks so much. Binge-watched videos yesterday and they're the first ones I've watched that I could understand. Love the channel!
I had that question too since I also don't have a label printer. My mentor told me that eBay has an option to buy the shipping label by either printing it out or be able to print it out and also have a QR code. When you're going to buy the shipping label, it gives you the option to either deduct it from your funds from your total eBay sale from the item, or you pay for the shipping label with your card. For me, I personally have my shipping policy to calculated shipping, and the customer pays for it. I buy the shipping label by having it deducted by the funds of the eBay sale and buy the printed-out version AND the QR Code. When I get to the post office, I show the person behind the counter the QR Code, they print out the label for me, stick it onto the package, print out the receipt, and that's it! It takes care of everything for you from having the addresses to sending out the tracking number for the customer! As long as all the dimensions on the packages are correct, you shouldn't have a problem. Now, this method isn't the best if you're selling more than four or five packages at a time. THAT is when a label printer comes in handy. However, if you're selling less than four or five packages at a time, then the method I described is perfect. I hope this helps!
@@angelasoto1790 Wow! Thank you so much for the detailed response - very helpful!!
@@scarlett9050I don't have a label printer, so I just print out my labels on 2-up (2 per page) adhesive labels. SO much easier than printing on regular printer paper, then cutting out the label and taping it on, using clear packing tape. But that's also doable; it's how I did things for the first cpl months.
Should I be as worried as I am about the Doral Florida and Miami weird address scam ? Where they are claiming it’s not delivered or missing
Would you recommend using your home address as the return address for your business?
What a great video. Thank you so much.
Wow Man great video! I love your passion!
Had a similar experience with renting an item. Sold a Sony Handycam before the Christmas and last week received the item back stating they found one at a cheaper price. Frustrating, yes, but relisted and sold within a day! Let's hope I don't see it again 🙂
I am fairly new seller. I understand sell through rate, sort of. but every video i watch they say something different about it, and never do the math. Here you reversed the bowes numbers and came up with 200% STR. Are you suppose to divide the number sold number by the number of listings? 220/102? which = 2.15? so, is the 2.15 actually 215% ? OR is it 102/220? which = .46 which is 46% thank you for doing these videos. I am learning a lot.
I’m new and love your advice and journey. Great!! I started following same resellers you suggested. I could add Shed Flips good team working together. Thx!
I live on ebay island and have a death pile of auto parts 10x bigger then my listed items. 2 house mates that can't sit down cause of piles of parts. They wait poor every month for the government check to come. 4 days ago I told one to pickup that ABS unit in the garage and post it on ebay. Sold in 25 minutes and 50/50 split ($40 for him cash). Haven't seen him out there again. I think you can tell some people to pump gas for nothing and they will do it. Some just won't take the extra step for money. advice?
Great advice. Thank you.