WHOLESALE HORROR STORIES 😨 - Learn from my mistakes!! | Wholesale & Liquidation Series Part 4/4

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  • เผยแพร่เมื่อ 23 ก.ย. 2024
  • The conclusion to my wholesale & liquidation mini series is here!! 🥳 In this video I will share all my horror stories, fails, and the ways that I have been completely scammed or lost money over the last year of dipping into the wholesale game. 😨
    There's been a lot of GOOD, BAD, and UGLY! But at the end of the day I am grateful for how much I've learned and can share with you guys so you can avoid making the same mistakes as I did or spotting red flags from suppliers and avoiding doing business with them! 💯
    My next video will be a DEEP DIVE into what we made last year as full-time resellers 💰 and the ins and outs of getting there. So make sure you subscribe and hit that bell notification so you're notified when that is live! 🛎️
    I hope you guys enjoyed this video and learned a lot from it! If there's anything about wholesale & liquidation you still have questions about - leave a comment below! ⬇️
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ความคิดเห็น • 56

  • @AshleyWheeler8
    @AshleyWheeler8  ปีที่แล้ว +3

    I hope this video was helpful and educational for you guys! 😊What is the #1 thing you’re taking away from this video and implementing in your own wholesale journey? Let me know in the comments!

  • @flightattendantflipper6916
    @flightattendantflipper6916 ปีที่แล้ว +11

    you never said what companies they were? What’s to be learned

  • @dawnielane6283
    @dawnielane6283 ปีที่แล้ว +2

    Your honesty is so refreshing and appreciated! Struggling with making a living will always be around. Personally, I am scared to death to purchase any blind boxes - ever again. So much money sent to receive items that are older than me 😂 or low retail, low resale, etc. I’m to the point where if the company can’t manifest - they don’t need my money. I am a much smaller business though. Hoping to grow but pallets scare me! Thank you again for the educational content, keeping reality in the business and just being you. Cheers to you and your family 🎉

  • @teresawhite9413
    @teresawhite9413 ปีที่แล้ว +2

    I know a lot of resellers do great with liquidation but I just don’t see the appeal. Especially with live sales, it seems like sellers are working crazy hard to move lots of product with low profit per item. I would rather sell 1 item for $50 than 5 items for $10. I hand select all my items and try to only source items that I can reasonably list for $50+. It’s great that we can have different business models in this community.

  • @angelinafernandez8425
    @angelinafernandez8425 ปีที่แล้ว +1

    Hi Ashley, thank you for sharing your experiences. Im just starting out in reselling and oh boy Im excited but scared. Im really looking forward to learning and succeeding in this realm. Thanks again for sharing.

  • @ElliottsLuxury
    @ElliottsLuxury ปีที่แล้ว +5

    I’m so sorry to hear about all of this. You two are so brave and I am so excited to see you grow as you live sell. Cheers to happier times.

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +3

      You're the best! I appreciate that you are always cheering us on. Gotta take the risks for the growth! Cheers!

    • @hennesseyscrew1380
      @hennesseyscrew1380 ปีที่แล้ว +1

      Very slimy!!! Sorry you went through that with the WN seller.

    • @hennesseyscrew1380
      @hennesseyscrew1380 ปีที่แล้ว +1

      I purchased a mystery box on Whatnot and it was complete and utter trash. I immediately went to message and provide an honest review and he had disabled both. 😡

  • @heatherwillis5505
    @heatherwillis5505 9 หลายเดือนก่อน +1

    This definitely helped me understand why resellers are so reluctant to share their sources. I once found out exactly what a relative was up to (and with whom) while in Vegas with nothing other than a burner number. But I cannot find where you guys are sourcing your inventory no matter how much time I spend trying 😂😂😂😭😭😭

    • @AshleyWheeler8
      @AshleyWheeler8  8 หลายเดือนก่อน

      Wow that’s crazy! Yeah unfortunately I’ve lost friendship because people thought I was trying to get their buyers. My mouth dropped. I’ve never experienced a more cut throat part of reselling. It almost made me want to quit last year. Having people believe things about me that they made up was not on my 2023 bingo card. I stay in my lane and try to help you as much as possible. That’s why I made this series

  • @angiestrader
    @angiestrader ปีที่แล้ว +1

    I have also found that the wholesale business may be good, but their employee/representative can make or break it for you. When the wholesaler I was buying from did a restructuring and then assigned me a new rep based on geographic location, the first rep I was working with kinda sorta tried to alert me without disparaging her coworker. I misread her intentions. I could have requested to stay with the rep I had, but having been involved in doing a restructure myself while in corporate America, I decided to go with the flow. It didn’t work out for me and I’m no longer interested in buying from that company. In hindsight, that was a blessing because I now realize that the items I source the old fashioned way, in the wild, sell faster with higher profit margins. Drive to dig through bins, or dig through pallets taking up my garage… bins and thrift, here I come!

  • @TheThriftyBroad
    @TheThriftyBroad ปีที่แล้ว +1

    I was going to start buying wholesale a few years ago but just couldn't do it lol. I think the fear of getting completely screwed held me back. Honestly I like to pick out my own inventory so it all worked out in the end. Hope you are doing well friend!

  • @afindforyou
    @afindforyou ปีที่แล้ว +2

    Thank you for sharing your knowledge on wholesalers! You're the best! 😁

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว

      Thank you for watching! I'm glad it was so helpful.

  • @sheribrogden9247
    @sheribrogden9247 ปีที่แล้ว +2

    Thank you for your honesty! You have made me a loyal fan.

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว

      That’s so good to hear. I appreciate that Sheri.

  • @lovinglifefreely
    @lovinglifefreely ปีที่แล้ว +3

    Girl I am so sorry this happened to you and really appreciate you sharing these experiences. I had debated about doing some pallets for whatnot and other platforms but in the last couple months I decided against it. My business is a cash business, I don't use credit to run and I'm really happy with just boxes for now. My heart so goes out to you and hope the current pallets you have are a blessing to help you move forward. You rock girl and are such a hard worker, keep going, you got this!! ❤❤

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว

      You're so sweet. We are finally back in the green on a lot of what we have. It comes with the territory and that's why I wanted to share what I went through. We learned so much through this season.

  • @jodiredler7469
    @jodiredler7469 ปีที่แล้ว +3

    1. Won't your credit card company give you your money back if suppliers don't deliver? I've only bought liquidation one time and only bought one box--but paid with a credit card. . 2. I wish you'd shared who the baddies are -- otherwise it will just happen to your viewers. If you're just giving an honest assessment of a situation you shouldn't have a legal issue.

  • @rachelcarlsonnotesfromthenomad
    @rachelcarlsonnotesfromthenomad ปีที่แล้ว +1

    UGH. So sorry this happened. Words vs actions when it comes to shady characters. Taking risks to learn valuable lessons is essential to sustainable success. Sucks that this happens, sucks that you went through it but as long as the lessons are learned you now know what to look for and the questions to ask to avoid such things in the future. I will probably(?) never do wholesale because of different variables for me but now I know what to look for and/or avoid. You and Jeff are amazing at what you do hence GOOD people come out of it BETTER people. Thanks for sharing the negative to protect others. Cheering you guys on!!

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +1

      Awe! Thank you Rachel. Yes, we are definitely doing more half and half when it comes to wholesale vs thrifted. I still love the thrill of the hunt, so I could never stop that completely.

  • @marysp4488
    @marysp4488 ปีที่แล้ว +2

    Thank you for sharing this. It’s super helpful. I’m sorry you had some bad experiences. Way to keep your head up and move forward. Great video. ❤

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +1

      It was stressful, but we definitely did keep our head up and keep pushing forward.

  • @AR-ok6bl
    @AR-ok6bl ปีที่แล้ว +10

    You should share the names of the wholesale businesses so other people don’t get hurt by them. I’m so sorry you had to go through this.

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +2

      Thank you, honestly this was several different wholesalers. Then while I was talking with friends, my good experiences I had with companies, they didn't have a good experience with. Which is why I didn't want to blast all of these companies. It was more about the value of what was learned when this happened. But I would recommend watching the first video of this series because I give several tips on how to work with wholesalers that would resolve some of what I shared in this video.

  • @joannashere9091
    @joannashere9091 ปีที่แล้ว +2

    Thank you for keeping it real! Enjoy your content.

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +1

      I appreciate you feeling that way. I try to be honest and give the facts and experiences I have received.

  • @annirocls3
    @annirocls3 ปีที่แล้ว +2

    Ashley I am so sorry that this happened to you, esp with regard to your mortgage. I know how scary that can be. I am glad you were able to salvage a Christmas for your family. I would love to know what the liquidators are that were so bad, so I can avoid them myself.

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +2

      Honestly these stories came from so many wholesalers, and I've talked with friends who have had situations like mine and I end up having a better experience with the company. So I don't know if it's because of who I spoke with, whose in charge or what. The common thing I've seen is everyones experience is different. Which is why I recommend the things I did in my first video of this series.

  • @cclovelacegrace
    @cclovelacegrace ปีที่แล้ว

    Thank you for sharing! Your videos are far and beyond so much more helpful than most when it comes to trying wholesale! I really appreciate you! ❤

  • @gayleleier8115
    @gayleleier8115 9 หลายเดือนก่อน

    I think I will stick to Goodwill bins - I just can't sell things that I don't like. No enthusiasm. And looks like just too many people buying and selling that this market is saturated. 15/20 years ago I would buy truckloads of Target shelf pulls. (childrens' clothing) ALWAYS totally happy. Spread everything out and my granddaughters and I would assemble 8 or 9 total outfits and put them on ebay. Not the same anymore.

    • @AshleyWheeler8
      @AshleyWheeler8  5 หลายเดือนก่อน

      You're absolutely right. The market has changed a lot.

  • @formacionG13
    @formacionG13 ปีที่แล้ว

    Spit those facts mike

  • @brittanysmith3486
    @brittanysmith3486 11 หลายเดือนก่อน

    sounds like a helpsy issue.. smh I have seen so many pallet liquidators and I'm so scared. I have found alot on social media just still don't know how to verify that's who I am actually talking to.

  • @francislimozinere4303
    @francislimozinere4303 ปีที่แล้ว

    Then what top places buy pallet or truck loads general merchandise

  • @jerseypilot83
    @jerseypilot83 7 หลายเดือนก่อน

    Thx I am a beginner and wanted to know if you have any knowledge of direct liquidation and if they are a legit company. They claim they can only accept wire transfers and I was going to be receive truckload of kohls new merchandise. Any help will be great.

    • @AshleyWheeler8
      @AshleyWheeler8  7 หลายเดือนก่อน

      If you’re ever considering a truckload, get eyes on that truckload before you buy. Commonly they will want a wire transfer, but if you are planning to invest that much in a truckload, fly to the inventory first before you say yes. 2 months ago I watched a seller get scammed out of $100,000 and almost lost everything. Just be careful

    • @jerseypilot83
      @jerseypilot83 7 หลายเดือนก่อน

      @@AshleyWheeler8 ​​⁠oh okay but sometimes they can’t be seen because they say they all come from the retailer directly. Is that never true BECSUSE I’m also concerned about cherry picking.
      What are your thoughts with Quick Lots? They take credit cards so I am
      More trusting

  • @marieBaldwin-sm8ek
    @marieBaldwin-sm8ek ปีที่แล้ว

    Hi Ashley, I sent you a message through Posh but it would not let me when I said Facebook. How can I attend when I not a member of that site? Please let me know. Thank you.

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +1

      Hey Marie. I finally heard back from Poshmark and did change the link to a zoom link instead. So go back to the FB event and the link for the zoom call will be in there

  • @sheribrogden9247
    @sheribrogden9247 ปีที่แล้ว +2

    Aren't narcissistic people grrrreaattt?? No, they are not.

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +1

      Hahaha that made me laugh. Goodness I have had my share of encounters with them. The most powerful thing I ever did was study their personality so now I can see the red signs sooner.

  • @michellehill9706
    @michellehill9706 ปีที่แล้ว

    The link to your poshmark store does not work

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว +1

      Thanks for letting me know! I updated it now so it should work - let me know if you still have an issue. 😅 posh.mk/8exK3e1R2xb

  • @mariesparkleygem
    @mariesparkleygem ปีที่แล้ว

    Hi Ashley, I wrote to you yesterday to attend your meeting today. I might be late attending something came up with the family. Can you send me a message as to how to get to it? Thank you and look forward to hearing from you,

  • @ParadelaC
    @ParadelaC ปีที่แล้ว

    Can some with a learning disability

  • @CristinaV.Quinones
    @CristinaV.Quinones ปีที่แล้ว

    So I had a “influencer” delete my comment recently- she always pushes these super expensive boxes of small sizes and damaged items she “partners” with 🤥🫠. Great video! Everyone needs to be cautious when ordering wholesale

    • @AshleyWheeler8
      @AshleyWheeler8  ปีที่แล้ว

      Yeah it’s very important to know the good and bad about wholesalers.