Which Is Better for Ebay, Quick Cheap Sales or Slow Heavy Hitters
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- เผยแพร่เมื่อ 2 ธ.ค. 2024
- Which Is Better for Ebay, Quick Cheap Sales or Slow Heavy Hitters
2 Old Guys Reselling Podcast / @2oldguysresellingpodcast
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from my experience a mixture of both even a mixture of ones in the middle been doing that 25 years of full time reselling on multiple platforms its worked for me for 25 years if it didn't i wouldn't still be doing this is why i say Diversification is the KEY to success in all aspects of your business it should be CENTREAL to your business diversify in every aspect of it INCLUDING price points sell low medium and high have a healthy mixture of them! something will always be selling
oh one other thing base your prices on avaiablity so if its easily replenishable low or medium if its really rare and hard to replenish in your inventory moon it out!
I attempt to offer a mix of items and price points that appeal to a wide variety of buyers so something is always moving. Don't really care which item sells first, (aside from large items, so I can reclaim shelf space). However, I am often blessed to source some bigger ticket items for low cost, then don't have to worry about holding them for a while.
Amen! this method has worked Beautifully over multiple platforms for the last 25 years of full time reselling online! this method even works at flea markets , Craigslist and FB Marketplace and even Shows (if you set up at shows)
Quick sellers are always great. Just far and few between. We're just blessed when get those quick sellers and in quantity. Great video!!
I agree a good mix helps. Also being an everthing seller is key too. However, I do try to have a minimum threshold of $15-20. Inventory space is a premium and my time is important too. Since I currently have an enormous death pile donating lower selling items is the plan at the moment - unless of course multiple quantities are involved. Great topic. Thanks for the video.
I just won an auction with a bunch of die cast, been listing them and already sold several. A few went for over 100.00 each. Diecast wasn't a category I even looked at until you talked about them and how good they can be. Thanks
A dream store would be 100 item store with a 100% sell through rate netting 20$ net. Most of us does not have access to that. For me it’s a blend. And I am looking at what platform will sell it at the highest price. Not croslisting much finding the right place to sell it. That deverifies income which is the best
Knowing what I can do with just a couple dollars, it makes more sense to me to sell it quick for a decent profit and have that to reinvest. If I sell something for $10 less as opposed to waiting, I can make $10 5 times instead of waiting for that $10.
I think it depends alot on how much storage space you have. If you have little space, faster movers would be better. If you have alot of room for inventory, you have no rush, and can wait for your price.
Great video Chris right now on just starting out to get my store out there I’m doing quick sales for lower profits. But hope to one day get the bigger items 😊💐
Agreed on getting the investment back on a large lot of goods. I'm ok as long as the storage isn't a problem. Like the world's largest (sic) collection of railroad postcards. It's a nicely large profit margin and as it's live in the store, it takes up less than a full 6' shelf of storage.
Hello! Hello! Hello! I think you deserve all of the good stuff that comes your way.
Oh thank you!
First to watch and comment. Good news Caleb said his first video is ready!
I just bought a ton of Thomas the Tank Engine toys. Not my normal thing but it's going to be a multiple quantity listings :)
Some of that Thomas stuff can be really good!
We always figured if we have enough room, we don't mind waiting. We just keep loading the future sales onto the shelves and get a steady stream of good sales coming in. My grandpa told me cheap and fast might get ya what you want, but it also might get you herpes so we roll slow! lol
👍
Thanks for sharing this information . If it's low cost I don't mind it sitting but if its high-cost I need to get the money back to reinvest again. You have a blessed day in the name of Jesus Christ
I like my sales same way I like my Friday Nite dates: "fast and cheap." 😱
Touch all that inventory
I wish it was that easy!
Marvin just made $15.22 an episode during his entire WB shorts run... I don't recall anyone else (other than Michigan J Frog) with fewer regular appearances...