$48,277 In Used Clothing Sales in 30 days - Here's The Blueprint
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- เผยแพร่เมื่อ 21 ก.ย. 2024
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@@BeauJohnson1 what is this?
Beau...I love ya...but "sales" dont matter...what was the "profit?" It's great that ya did $48k in sales...but if your COGs was $55k you lost money. What are the "real" numbers?
They are making money. Beau is very smart ... they are crushing it.
So true! I watch these TH-cam resellers for brand, style,keyword etc.I still keep my full time job . Happy for him
Correct. And if he's selling on WhatNot, he's not making much. I bet his margins are rough, but his sell through will be very fast - so volume business that needs to scale to big sales to overcome small margins.
@@RagsToRichesThrifting It is very easy to figure out. He is selling $48k/month and operating on a 26 day schedule. That is around $1900 daily between 2 shows. If there are 100 items per show, that is $9.50 per item on average. So he is 2x-4x his initial investment per piece. $10k-$15k buy cost with $48k in gross revenues … THESE ARE GREAT NUMBERS! Many eBayers are selling 1 item for every 20 listed. Maybe they 20x that ONE item, but what about the other 19 that sit forever?
@@TheJoshGaltstop - he’s making a couple bucks profit max per item on what not, and that assumes they are mostly coming from the bins. That’s why he’s pushing for 200 items per show
Good job, Beau! Now your wife can have her surgery. Praise the Lord!😊
whats the profit on 48K. not being nosey but trying to figure out if its worth it to me. Also whats your average cost of good, thanks
Talking about total sales can be very deceiving when you don't show what you spent on shipping, taxes, platform fees, cost of goods etc. I'm sure the net revenue is still great but for someone who is new to online selling (or business in general) will most likely believe that the number you're showing is income.
for the most part, pre-tax income (after all other costs) is usually 55% of the top-line number
Very easy to calculate that there is around $30k of profit there if you take the time to do the math.
Everyone’s a critic 😂 Reselling isn’t a get rich quick scheme. It’s an actual business. Of course there’s fees and cost of goods that come with this, it’s a BUSINESS!
That won’t sell memberships
@@TheJoshGalt How do you calculate 30k? At minute 1:49 you can see that his selling cost on ebay is $1392.89 so he is left with $1384.69. You still have to deduct the cost of goods and it shows that he sold 121 items that week. lets just say his average cost is $4 per item, that would be $484. So he is left with $940.69 before taxes (which would be another $100 or so). He is getting about 30-35% of profit from those $2778 total week sales. If he can carry that percentage in all platforms for the rest of the month, that would be about $16800 profit before tax from $48k total month sales (which its still amazing)
From all those bins packed you have what 500k in inventory?? That’s great you’re selling when alot of people aren’t, but your profits have to be pretty slim..
That's amazing that you met your goal for the surgery! Awesome!
Wow. 3 shows, 5 days a week. Now I understand why it's said that people can burn out on WN. I'm tired just hearing about it 😊. The quicker cash flow can definitely be a good addition to a balanced strategy. Glad you're reaching your goal for your wife's procedure.
So glad you wife is going to get better Beau - beautiful couple! God Bless you both!
Good going Beau! 🎉 🙏🏻 for your wife!
Sales numbers are way different than net profit... here's a blueprint. Just list 20k items and maintain that number.. done.
Let’s go bro
What neck surgery is your wife having? Could this surgery be possibly covered or partially covered by private health insurance or by government health care?
So with your profits will you be buying more bitcoin?
Where do I buy those plastic bags you have your items in?
what neck procedure does she need?
Did I hear 24/7 whatnot show? Not much life balance there I think.
hard to believe with no Ebay store link.
Whats hard to believe?
@@terryhamilton2.0 that he did $50,000 in a month but doesn't show his Ebay store.
Hit the like button 👍
thanks for destroying all of our neighborhood goodwills and thrift stores..i get it, its all the dollars..,but you destroy communities who need those places
more than mc Donalds and other fast food corps that destroy small mom and pop fast food restaurants or Walmart or Home Depot or Amazon etc...... Don't be a hater trying to guilt trip people.
Resellers also provide top-quality items at great prices to very remote areas. A lot of people support their families this way. The good will supports commu ities in a lot of different ways by creating jobs for buyers and sellers. You must have no idea what the big picture even looks like.
When people say this I am convinced they are just looking for attention. This is so far from the truth. There is PLENTY of clothes left. So much in fact that landfills are full of unwanted clothes from thrift stores. And what do you think goodwill is doing? They are takin FREE DONATED clothes and selling them for a profit.
How do resellers destroy theses stores?
poor people dont get to be materialistic, boohoo
Love it. Team work 🫶🏼