I believe the reason why the ASP went up is because mostly people who have money and who can afford to buy more expensive items have still been shopping but the ones that look for items based on a budget have dropped out at the moment (temporarily, I guess). My sales have dropped 30% but the ASP went up. It signals that I have lost the "budget buyers" during this "end-of-the-year" period. And it can be attributed to a few factors: "budget" buyers have a lot to choose from all kind of sales going on right now with retailers. Plus, people, in general, tend to have less money to shop due to the economy. There is a category of buyers that always has money (more or less)...and they continue to shop.
I love your videos! And just wondered because I saw you talk about Chase business credit cards - if you have any videos about why you chose that one? I've been so lost comparing them to other cards. Thank you!
Do you have a chase business account already? I recommend having both a business checking and a business credit card to keep everything completely seperate from your personal. In my linktree in have the chase business account I use. I use the Chase Business Unlimited Ink Credit Card. I unfortunately do not have a video about it as I do not feel qualified. linktr.ee/cayleyelaine
Thank you so much for the informative videos. I hesitate to pick up some of the “newer vintage “ sometimes because I’m not sure how to tell the actual y2k from the newer similar styles. Are there date codes on the tags or do you just go by the style and label?
I try not to overthink it. Does it look like an older label and have the y2k style? If so, it's y2k. I lived through y2k so it comes a little more natural to me but you could lookup tag dating for each of these brands on Google and study the older labels. To be safe as you get started, I'd start with just american eagle, hollister, and abercrombie.
Never heard of Mackage, will have to be looking out! Thanks for the video before the live :) gives me something to listen to while working. Also with only 50 sales to poshmark, is it still worth it with all the time/effort/cross list fees ? I know you said stick to just Ebay, but even 5 extra sales a week would help me a lot so. Ty Dear!
We average about 10k per month on Poshmark, so for us it's worth it. I do recommend to everyone that even if the sales potential looks great to wait until you've mastered the platform you're on before crossposting to others. Because once you crosspost, your attention will be divided and then ebay could suffer.
I had never heard of Karen Kane before I found a cute sweater the other day. I listed it last night and it sold by 6am this morning on an offer of $40, so it may be something to watch for? I am not sure if it sold because it was unique or if it is a brand people purchase. Like I mentioned, I had never come across that brand before so not sure if it was luck or if it's a BOLO.
I am glad I am not the only one with crazy slow sales. Cost of living?! Also, a lot of really angry customers over nothing and just returns and unsatisfied customers. And I pride myself on selling excellent quality items I’d wear and buy and disclosing all flaws… like it could be all the people boycotting buying because of trump?! Lol
Not true. He won with less than 50% of the vote. Investors are worried. Just had the worst 7 day stock market performance since 1978. And when the Fed cut the interest rate yesterday, stocks fell 3% (worst since last August). People and corporations are worried.
Inflation has been a big issue, not just in the US (it's actually better here than other countries, but still enough to have a big effect on our economy). Lots of economic uncertainty right now which is bad for sales. 2025 will be an interesting year for sure.
@@lindakludka1063 All true, we are very divided as a country and it's so sad. I could go into more but not trying to get too political here. Let's just hope everything shakes out ok.
@@julieadamson6514 those are economic facts and not political. I am in the process of buying a house. Had to look at my 401K and I lost 10% in 3 weeks. Another illustration of how the economy is responding. And it's not good.
Amazing how you can sell items purely based on style! Way to go! Love seeing all the new to me brands, lots to look for in the thrift stores.
I’m a buyer not a seller and I buy based on style, unless it’s a closet staple.
Always appreciate your informative videos! Thank you!
I’ve learned so much from your videos! I started 90 days ago and picked up so many style based keywords! Is it cottage core or cottagecore? Thank you!
I use cottagecore
I believe the reason why the ASP went up is because mostly people who have money and who can afford to buy more expensive items have still been shopping but the ones that look for items based on a budget have dropped out at the moment (temporarily, I guess). My sales have dropped 30% but the ASP went up. It signals that I have lost the "budget buyers" during this "end-of-the-year" period. And it can be attributed to a few factors: "budget" buyers have a lot to choose from all kind of sales going on right now with retailers. Plus, people, in general, tend to have less money to shop due to the economy. There is a category of buyers that always has money (more or less)...and they continue to shop.
Nailed it! Yep, this Christmas has that extra full week before a big segment of salaried people get their paycheck. Does it happen every 3 or 5 years?
I enjoy the use of all your styles and keywords. Thank you.
I love your videos! And just wondered because I saw you talk about Chase business credit cards - if you have any videos about why you chose that one? I've been so lost comparing them to other cards. Thank you!
Do you have a chase business account already? I recommend having both a business checking and a business credit card to keep everything completely seperate from your personal. In my linktree in have the chase business account I use. I use the Chase Business Unlimited Ink Credit Card. I unfortunately do not have a video about it as I do not feel qualified.
linktr.ee/cayleyelaine
Thank you so much for the informative videos. I hesitate to pick up some of the “newer vintage “ sometimes because I’m not sure how to tell the actual y2k from the newer similar styles. Are there date codes on the tags or do you just go by the style and label?
I try not to overthink it. Does it look like an older label and have the y2k style? If so, it's y2k. I lived through y2k so it comes a little more natural to me but you could lookup tag dating for each of these brands on Google and study the older labels. To be safe as you get started, I'd start with just american eagle, hollister, and abercrombie.
@@cayleyelainethank you for your help and for taking the time to respond!
Never heard of Mackage, will have to be looking out! Thanks for the video before the live :) gives me something to listen to while working. Also with only 50 sales to poshmark, is it still worth it with all the time/effort/cross list fees ? I know you said stick to just Ebay, but even 5 extra sales a week would help me a lot so. Ty Dear!
We average about 10k per month on Poshmark, so for us it's worth it. I do recommend to everyone that even if the sales potential looks great to wait until you've mastered the platform you're on before crossposting to others. Because once you crosspost, your attention will be divided and then ebay could suffer.
I had never heard of Karen Kane before I found a cute sweater the other day. I listed it last night and it sold by 6am this morning on an offer of $40, so it may be something to watch for? I am not sure if it sold because it was unique or if it is a brand people purchase. Like I mentioned, I had never come across that brand before so not sure if it was luck or if it's a BOLO.
I’m
Hi! 👋🏼 Are you using a cross listing service?
Yes! List Perfectly.
You don't subscribe to the end sell similar before your listing renews like most resellers?
No. Doing end and sell similar too early can actually mess with your items placement in search.
Winter update maybe? My sales was going fine then took a dip around the time the winter update came around.
I'm very curious about your Promoted Listings strategy. Based on the numbers you provided, it looks like you promote higher than 10%.
Here's my strategy:
th-cam.com/video/tcnKKm3Eivg/w-d-xo.html
Very slow Q4 for me . But still doing ok.
Granted my numbers are laughable compared to yours, this is def the worst Q4 since I started reselling in 2019!
Everyone is in a different situation. If you're hitting your goals (which are different than mine), don't call them laughable, be proud of them!
I sell hard goods and those are up up. Clothes down unless NWT
What are hard goods?
@ not clothing .More like antique items or vintage items
I am glad I am not the only one with crazy slow sales. Cost of living?! Also, a lot of really angry customers over nothing and just returns and unsatisfied customers. And I pride myself on selling excellent quality items I’d wear and buy and disclosing all flaws… like it could be all the people boycotting buying because of trump?! Lol
Majority of people voted for him, so I doubt that's it.
Not true. He won with less than 50% of the vote. Investors are worried. Just had the worst 7 day stock market performance since 1978. And when the Fed cut the interest rate yesterday, stocks fell 3% (worst since last August). People and corporations are worried.
Inflation has been a big issue, not just in the US (it's actually better here than other countries, but still enough to have a big effect on our economy). Lots of economic uncertainty right now which is bad for sales. 2025 will be an interesting year for sure.
@@lindakludka1063 All true, we are very divided as a country and it's so sad. I could go into more but not trying to get too political here. Let's just hope everything shakes out ok.
@@julieadamson6514 those are economic facts and not political. I am in the process of buying a house. Had to look at my 401K and I lost 10% in 3 weeks. Another illustration of how the economy is responding. And it's not good.
You guys are doing great with the style based stuff. So is like the worst brand of all time 😂
Lol true, but in y2k styles it does great!
❤❤❤