How I Make $5,100/Day Reselling Used Clothing Online 2023 (Ebay, Poshmark, Mecari)
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- เผยแพร่เมื่อ 1 ก.พ. 2023
- Thanks so much for checking out my newest video!
Let me know what you thought of the video!
Have a great day and see you for my next video!
- Jacob
Thrift to resell. Buying clothes to sell on poshmark. Where do you find poshmark inventory? Is poshmark legit? How do I start selling on poshmark? What is Reselling? How do I start selling on eBay? Is Ebay legit? How to make money online. Full time poshmark seller. Full time eBay seller. How much can you make on poshmark? How much can you make on eBay? Is poshmark safe? Poshmark vs. EBay. Poshmark vs. Meacari. Goodwill Thrift. Thrifting at Goodwill. Is goodwill a non-profit? Shopping at goodwill. Goodwill Haul. Goodwill thrift haul. Ross. Retail Arbitrage. Adidas. Carhartt. Carhartt Storm Defender. What is retail arbitrage? Is retail arbitrage legal? Gore-tex.
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The reselling industry, also known as the secondary market or aftermarket, refers to the buying and selling of goods that have already been produced and sold by the original manufacturer. This can include a wide range of products, from clothing and accessories to electronics and collectibles. The reselling industry has become increasingly popular in recent years, thanks in part to the growth of online marketplaces like eBay and Depop, as well as the rise of streetwear and sneaker culture.
One of the main benefits of the reselling industry is that it allows consumers to buy products at a lower price than they would from the original manufacturer. This is because resellers often buy goods in bulk or at discounted prices, and then mark them up slightly when they sell them. This means that consumers can save money by buying from a reseller rather than paying full price at a retail store.
Another benefit of the reselling industry is that it provides a way for people to make a living by buying and selling goods. Many resellers are small business owners who operate online or out of a physical store, and they rely on the reselling industry as a source of income. Some resellers are even able to turn their hobby of collecting and selling certain types of products into a full-time job.
However, the reselling industry is not without its challenges. One of the biggest challenges is the risk of fraud, as some resellers may try to sell counterfeit or knockoff products. This can be especially difficult to detect when buying online, as it may be hard to tell the difference between a genuine product and a fake. Additionally, the reselling industry can be very competitive, as there may be many other resellers offering similar products at similar prices. This can make it difficult for new resellers to break into the market and establish a customer base.
Despite these challenges, the reselling industry is likely to continue growing in the coming years. With more and more consumers looking for ways to save money and find unique products, the demand for resellers is likely to remain strong. As a result, the reselling industry is likely to remain an important part of the global economy for the foreseeable future - บันเทิง
Although I do agree w others that mentioned the clickbait title, u did go on to clarify, but more importantly, u explained ur system and went on to walk us through ur item processing. Finally felt like I hadn’t wasted my time watching some blah video of someone just rambling on with unhelpful info. Earned a new subscriber, thanks for sharing, good luck!
Thanks for the kind and supportive comment! I really appreciate it! Have a wonderful day 😊
Keep doing what you do. Nobody knows your business better than you. Great finds. Keep it up
Appreciate the kind words! That's my plan 😀👏
This is exactly what i needed to see.
Ive had an eye for all these nice brands i see at goodwill every since i first went there. I have been talking about opening an online store to resell things. Im gonna do it
I could totally do this all day, and just post them, sell them and package them all up with a shipping label and bring them to the post office right? Thats all there really is to it?
I feel like i could be doing this exact same thing in my apartment every day bro wtf why am i pushing shopping carts at a costco at 28 years old
Get after it! Thanks for the comment and best of luck 😀
Love this video! You find some great items at the bins! Do you see a bump in traffic and sales when you list a bunch of items in one day, as opposed to the same amount of items each day? (For example listing 30 items in 1 day instead of 5 items each day over 6 days) Also, would you consider doing a 2022 recap of your business, including your gross sales and net profit total and also broken down by platform and which ones you had the most success with? I’ve seen other resellers do this on TH-cam and not only was it helpful but it attracted a lot of attention 😊
Thanks so much for the comment! I really appreciate it! Fantastic question! Personally I find it more effective to get everything listed as fast as possible. It might not be the most optimized method for getting the most traffic but I always like to stay ahead of my inventory. That is a great video idea! I am definitely interested in making a recap video! Thanks again for the comment and the great idea! Have a wonderful day and keep working hard! 💪 😀
@@vintagebyjacob you certainly spend more each goodwill visit than i do. That plays a factor for everyone individually.
Like ill spend maybe $30 every time i go to goodwill but its always like 2 or 3 items from brands i like and i feel like i spent $100+ at the mall lol. Thinking about doing the same thing as you here
It would be nice to see you work in real time. Photographing 250 items a day sounds great, and I'm interested in seeing how you're able to do all that (1 min per item as you mentioned). That would be really inspiring! Even if it's just 25 items or so, just to get an idea.
I would love to make a video like that! The only thing preventing me from doing something like that is that I film these videos and take photos for my inventory both on my phone. Once I upgrade to a dedicated youtube camera I will surly do that. Maybe I can convince my fiance to let me use her phone to take some time lapses of me working in future videos. Thanks so much for the comment and suggestion. It's going on my list! Have a great day 😀
@@vintagebyjacob do you usually take photos of everything you’ll list for the week all on one day? Then do you make drafts and just list a certain amount each day or do you just take photos and then do listings from scratch each time you sit down to list?
Pictures are easy once you find a rhythm and a system. I personally just copy and paste what other people have put for the same item and then reword it, but definitely do not do this method if you are newer. Sometimes things look like something else but they are not. Also this is like a job, while you might be thinking being your own boss is fun, if all shit hits the fan you will have no one to blame but yourself. It can take several months if not years to memorize all the vintage tags so definitely do not try this unless you already have a full time job.
To all the doubters, making $5100 on those 300 items is absolutely doable. He has an ASP of $17 and some of those items will sell for a lot more than that. Maybe the title was a little clickbaity....should be more like "How I Add $5,100 of inventory to my Store in One day." If you're a reseller that title is still engaging because sourcing 300 items in one day is hard freaking work. Good job, Jacob!
Thank you so much for the kind and supportive comment! I have a strong chin, I don't mind the negative feedback. It will help me make better videos in the future! I really appreciate the support. I'm happy you understand the context of the video! Thanks again and have a wonderful day 😊
Do you ACTUALLY believe he is selling 300 items a day, every day?? If he is making "$5100 a day" and he is doing this every day, 5 days a week (20 days per month), then that would add up to $1,224,000 per year! Do you REALLY believe this guy is making $1,224,000 per year selling some alleged massive amount of clothes, each day, all by himself? (Or even with a helper, of which I don't remember him saying anyone is even helping him)? He is HUGELY misleading people with the title of this video. He keeps posting that he says in the video that he "added $5100 inventory" that day, and THAT is how he came up with the "$5100" number. Again, this is SO misleading. What he ACTUALLY did was this: He spent $480 on clothes ("$1.60 per item" he says) that he HOPES will EVENTUALLY sell at an average of $17 per item. With all these facts in mind, this video is a joke.
I watched this a year ago so I don’t remember what he said, but I can speak for myself. My average sell price is $32. I list 25 a day and sell 25 a day. I work part-time and have 1 girl who takes my photos. I source and list by myself. In two hours at the bins I can get between 40-50 items.
@@theresourcerie Congratulations. You're doing very well. BUT, are you doing anywhere near $1.2 million per year, as the guy in video essentially alleges he is doing (and all by himself, he suggests)?? If you add up the numbers he gives in his video - along with his claim of making "$5100 a day" - then that is how I calculated how he essentially claims he is making $1.2 million per year selling used clothes (and again, doing ALL that inventory and work -- ALL by himself, without any help).
I am not making a point about him being better than you. Quite the contrary. I am making the point that if you (or anyone else) believes his joke video, then, as the old saying goes, "I got a bridge in Brooklyn that I'd like to sell you".
@@theresourcerie Do you also sell clothes as your main products?
Congratulations the negative energy is not necessarily I hope your business continues to grow. This was intended to be encouraging keep up the great work!
Thank you for the kind comment! Have a wonderful day 😀
loved that I found this video, we are tipping our toe into the resale business and this was realistic, thoughtful and a great place to start thank you
Thanks for the kind comment :)
This is great! Just subscribed - Just starting at this and starting with selling all of the stuff I've collected over the years by being an avid thrifter and garage saler. Time to declutter the house and make some extra money. Going to watch the rest of your videos now to learn!
You got this! Thanks for the comment!
Do you take measurements? If you don’t, do you get requests for measurements after you’ve listed the item? I dread taking measurements & that’s what keeps me from doing more clothes
Great question! I do not initially take measurements. I prefer to take requests for measurements. It all comes down to time for my business. I find it more effective to do measurements on the back end for serious buyers rather than upfront. For someone who doesn't process as much inventory as I do I would recommend taking measurements as it is a common request. I expect this to change as I start to hire employees, but for now that's what I do. Thanks for the awesome question! 😀
@@vintagebyjacob I take forever to take measurements, and fabric content. Starting today, I am not going to. I have about 400 items to list, so I'm going to just list and see if I still get sales without taking the extra 5 minutes per to get measurements.
I would advise you take a business class before trying to tell others that you make $5100 a day. That’s HORRIBLE false advertising. You got inventory with an estimated VALUE of $5100 in one day, not including COGS, fees, shipping, etc. You then go on to confirm your average sell thru rate is 90 days, but what about the pieces that don’t sell? What about offers or discounts? Ugh.
Thank you for your comment! I really appreciate your input. The title reflects that I added $5,100 in inventory value to my business today. I did my best to explain that in the video. I completely understand the sentiment of your comment. In my efforts to grow this youtube channel I am on an endless journey of making enjoyable/informative videos while trying to create engaging titles and thumbnails. Again I really appreciate your feedback. It's feedback like this that will help tailor my future videos. Thanks again and have a wonderful day 😊
Not to mention the work and time to photograph and list everything 🙄
Exactly lol
Exactly
@@HallowedForever
Yes, you have to work to get paid. Do you really need to be told that?
Hello Jacob. Thank you for video. Very simple and many good ideas for fast adn efective work.
Thank you :)
Everyone who was upset with the title…. Dude got 24k in views so I guess it worked 🤷♀️. Everyone is doing it or putting crazy eyed thumbnails. Fact is video had good deets. Get it bro!
Thanks for the comment! Have a great day 😁
He makes 5100 a day, he never has bad days, he drives a 1970 van and Ebay always gives him sales no matter if a server is down yet 1000 of people are complaining of NO SALES on Ebay, down servers etc etc even resellers who have been selling on the platform for 21yrs and have 60,000 items listed is NOT making 5100 a day. Not even in a week. Thats total BS!
Hello! Thank you for your comment. I really appreciate your insight! I tried to explain clearly in this video that I added $5,100 of inventory to my business in a day. Thanks and have a wonderful day 😊
EXACTLY!! If he is making "$5100 a day" and he is doing this every day, 5 days a week (20 days per month), then that would add up to $1,224,000 per year! Does anyone REALLY believe this guy is making $1,224,000 per year selling some alleged massive amount of clothes, each day, all by himself? (Or even with a helper, of which I don't remember him saying anyone is even helping him)? He is HUGELY misleading people with the title of this video. He keeps posting that he says in the video that he "added $5100 inventory" that day, and THAT is how he came up with the "$5100" number. Again, this is SO misleading. What he ACTUALLY did was this: He spent $480 on clothes ("$1.60 per item" he says) that he HOPES will EVENTUALLY sell at an average of $17 per item. With all these facts in mind, this video is a joke.
@@Quickdraw1111 its called CLICKBAIT Jacob!
Awesome vid - loved your zeal in making thing's happen for yr busi- why do u cling wrap the items and store it in a box ? Is it upto the time u get a customer to buy it ?
Thanks! I can fit more item per bin with cling wrap :)
Thanks for the information man
Thanks for the comment!
What I think is gross is that you don’t wash anything you just sort it and put it in boxes how unsanitary is that?
To each their own! Thanks for the comment :)
😂 how about that stuff you unwrap that's brand new or the stuff you pull off the shelf at the store that's brand new you think that's clean about 50 Chinese children's hands have touched it not to mention about 30 chain smoking Chinese dudes wrapping it all up then they just send it right to the store and sell it to you if you don't wash your clothes in the store and you just put it on it's even more disgusting than this
I love your videos. Can you just put the items right into the actual shipping mailer. Thats how I pack my items-I put them in the Padded Flat Rate or polybag right away-no wrapping that way.
Thank you so much for the kind words! I really appreciate it! That is a fantastic way to store inventory! Super clever! Thanks again and have a wonderful day 😊
Great video I do the same from Tampa Florida! Where are you located? Also do you already have a video that explains how you store and classify all your inventory. I have about 400 pairs of shoes and 1,000 clothes items starting off and need to figure out inventory management.
Thanks so much for the comment! Sounds like you have a good amount of inventory for sale. Good for you! Keep up the hard work! I'm based in Colorado. Some of my videos touch on how I manage inventory. I am on a short hiatus from making videos currently, but when I'm back, I'll make a video that covers this in more detail! Thanks again, and have a wonderful day 😊
@@vintagebyjacobHey thanks for the response! In the future I’d love to come out to Colorado to hit the bins with ya👍 Looking forward to the video. I’ve been buying wholesale shoes and clothes from a reputable seller. Even though this stuff is new with tags the goodwill items sell much faster haha
What i actually do lol drink a shot everytime he says actually
Haha! I would love to be the 'butt' of a fun drinking game! Thanks for the comment and have a great day 😀
I feel like I’m watching a posh live holy shit lol
😄😄😄
@@vintagebyjacob 🙃🙃🙃
I just started doing this. I picked up a few good finds at a couple thrift shops. Any tips for getting my first sell?
Patience! There are a few key factors that go into making sales. Item quality, price, marketing. Above all is patience. Just hold in there, and the sales will come. You will learn a lot along the way! Best of luck on your reselling journey! 😁
Hey Jacob great job.... how many listing days do you have a week?
Thanks so much for the comment! I really appreciate it! Great question. I list inventory everyday (I constantly have inventory to list). I typically have around 3 big listing days a week like this one. Thanks again for asking! 😁
@@vintagebyjacob Thanks love it
@@vintagebyjacob love it! So since you don’t list every day, you will usually list a bunch of items at once when you do list? Doe you see immediate increased traffic and sales when that happens?
Great Video Jacob.. I Always Learn So Much. Thanks For Sharing Your Reseller Knowledge 😊
I shop at the bins and starting to sell I’ve been pre treating the clothes and then taking it to the laundry I find myself using a lot of resources and it’s a hassle am I doing it wrong ? Should I keep doing this to my bin finds before listing or should I just list it straight off the bat ?
Great question! It really depends on the condition of the garment. I have found garments from the bins that I have not treated. However, I would say most do from the bins. Use your best judgment, think from. The consumers' prospective! Thanks, and have a great day 😀
Hey Jacob awesome video man I love the grind I’m grinding everyday doing the 9-5 and eBay as much as I can, i read some of your comments, can you give me a few cross posting tips? I think what I’ve been missing the most is
1: being an everything seller
2: are the items im selling quality
3: What and where’s better to list?
Im so excited everyday im done with the 9:5 so I can actually work I can’t even hold it together with positive aggression
Thank you so much for the comment and questions! I will actually make a video discussing these questions because there is a lot to unpack here! Keep working hard, and I will address these soon! 💪😁
How do you handle cross posting? im worried im going to double sell and get my accounts closed. trying to cross post on posh and ebay, growing from 200 to 1000 this year. Help:( I sold the same item on 2 platforms. how do you deal with this so it doesnt happen again or often?
Great question! Maybe I will make a video on this. I generally don't cross post all my items. I pick and choose which items I feel will sell best on each platform. This can be a complex topic and my thoughts on crossposting are always changing. Thanks for the question! 😀
I buy my items for $1.33 total sell on average for $15-$20 a piece totally doable.
That's awesome! Keep up the good work 👏
since the clothing is technically inventory can you write it off everytime you buy a batch of clothing?
Check with a CPA, tax code is different for all areas and businesses. Thanks 😁
Do you feel not showing measurements hinders sales? Clothes take the longest to list, for me anyway... I love DVD's so easy to list... but they take forever to sell sometimes!! I wanna try more clothes....!
Haven't experimented with it enough to find out. Thanks for the comment!
This pumps me up get out there hunt closes
Awesome! Thanks for the comment 😁
Yo i recognize ur car. It's a Ford Expedition 1st Gen in red. I had the same vehicle model. It was my first car, my family's car. We sold it this January 2024, because we no longer needed such a big car, it was bad on gas, and it the suspensions parts were wearing out and the engine leaked oil.
Do you wash or clean any of you items or do you sell as is. Wondering about the clothes that have a smokey sell or have animal hair all over it.
Hello! Thanks for the great question. Most items I sell are as is. I will clean/wash items depending on the condition. If the smell/hair is too bad, I just won't source it in the first place. Thanks again and have a great day 😀
@@vintagebyjacob common sense. even when i take items to buff exchange i dont waste my time on anything that "might" sell or looks at all questionable. They judge your clothes the same way. why waste time on iffy items. Shoppers/clothes buys have a similar approach as well. If the buff x folks dont want an item either i wont even take it back. time is extra money. why waste it. much better off taking a chance on a hammy down top designer item. i would personally wear scratched ray bands way longer than non branded with a scuff or two. unfortunatly consumers are human and dont want to be judged neg by society.
I want that Athleta jacket in women’s 5xl💕
Thanks for the comment! It's a cool jacket 😎
Clickbait. Made means profit to most people. Made does not mean increasing inventory value to most people.
Chamois is pronounced shammy.
Thanks for the comment! I understand why you would think this title can be mistaken as clickbait. Inventory value is a very important metric to my business. Did I use this number to make a more engaging title? Absolutely.
Thank you for the pronunciation! I never knew that!
Again, I appreciate the comment. Have a wonderful day 😊
Do you leave the items in Saran wrap when you ship ?
Nope 😊
New sub. Do you have plans for new videos?
Yes I do! Stay tuned 😉
I want to see the template that you use! Maybe the software as well?
I'll make a video on it! 😀
I love the LLBean jacket :)
Me too :)
You make $5100 in a day and cant even afford shelves? Imagine having to pull out a shirt from the bin in the back bottom corner. that is insane.
Thank you so much for the comment! I really appreciate your input. Actually, I do have shelves on the other half of this unit and in some of my other units. However, I only use shelves for specific goods (primarily hard goods). I have used this system for a very long time, and I have become extremely efficient at using it. I actually prefer it over shelves (maybe I am insane). Plus, it keeps me in shape! Thanks for the comment, and have a wonderful day 😊
All that plastic in the land fill. But, I can't think of A NON PLASTIC WAY.
Agreed! Thanks for the comment 😀
That's a great business but really time consuming. Just the listing alone can take a very long time but you seem to enjoy what you're doing.
Thanks for the awesome comment! I will admit that the amount of work displayed in this video is definitely a recipe for burnout. It is time consuming, but all in all its been a great business! Thanks again for the comment :)
Hi what ring light brand do you use?
I just bought a generic once from Amazon. Thanks! 😁
I think that is a exaggeration. I have sold on eBay for 10 years part time. Maybe you had a day or two where you sold that much , but every day or even half of that I say no. And all the bins here have regulars that are very aggressive and it is not easy to get good things. It is very stressful.
Thank you so much for the comment! You are right. I did not sell $5,100 that day. I did my best to explain that I added $5,100 in inventory, not sold. I have some aggressive regulars at my bins too (I might be one as well 😉). Thanks for the comment! Have a wonderful day! 😊
@@vintagebyjacob Your welcome! I misunderstood as well as others. I appreciate the response to my comment.
You do a good job explaining what you mean in the video but it’s the title that’s misleading. “How I Make $5,100/Day Reselling” means you have revenues or profit of $5.1k per day, which obviously isn’t what you meant. Just my two cents… keep up the informative videos and good luck on your business this year!
how to do it exactly and hope that there is chance to cooperate with you , since we have many such items available
What app do you use to make the background white
I'll make a video about it 😀
cool...good work love the positivity/ it's a bit click baity though to say you earned $5100 in a day rather than sourced items with an estimated worth of that amount. Just keeping it real :)
Thanks so much for the comment! I appreciate your feedback. 😊
Once I listed, solo, something over 180 items in a day and I almost died like wtf 😂 profit also from it came within 90days
I never said it way easy, but it's definitely possible! Hard work can really pay off! Keep up the good work and best of luck 😁
That flap hat is an actual authentic ussr vintage military hat haha I have one
Awesome! Thanks for the info I didn't know that! 😀
@@vintagebyjacob you were spot on high quality wool, check the inside of the hat there should be a stamp with the size. The bigger sizes are worth more… if you still have it
Hey how long on average does it take for an item to sell?
It takes on average 90 days to sell through my inventory. Thanks for asking! 😁
❤ that cleeeeveland jacket.how much it go for??
$58! Thanks for the awesome comment :)
inspired
The man is humble and so kind..im so inspired man thanks for the compass and map
Thank you 😁
i have a bunch of stuff but IDK HOW TO SELL pls help
I'll make a video on it 😁
Advice , you should be more descriptive in your video about listing. Congrats on having a business and inventory of projected cost. Maybe your are one of the few who avg 17 dollars per item, but I can tell you just on the items you mentioned, I also have posted similar brands and took more then 6 months to sell. Also 1 min per item to list is not correct. Yes people have a system, but you still have to look, cross reference, weight the items, etc and by the time it’s been 6-10 mins. Templates help when you cross different apps, but would like to see the video on how you actually do 1 min listings. Not hating just being real. Thanks for sharing your experience.
Thank you so much for the constructive comment! I really appreciate it! I would be more than happy to make a video that addresses all of this. I am on a short hiatus from making videos currently but once I'm back this will be one of the first ones make! Thank you again and have a wonderful day. 😊
What is the brand of your cap?:)
I think the brand is called: "Clickbait to fool everyone".
Just had a bid on £5.99 item after a week of no sales, I almost fell off my chair 😧
Keep your head up! Wishing you the best! Have a wonderful day 😀
You said you have over 300 items that will NET you $5,100. I would suggest you revise your language to say you have 300 items you hope to sell for a GROSS sales amount of $5,100 - your NET will be after eBay fees, cost of goods, postage, shipping supplies. I understand your desire is to get viewers, but misleading titles don’t help people get started in reselling. Not hating, just an observation.
Thank you for the observation! I really appreciate the advice and feedback. Thanks 😁
I really would have watched the entire video if it was titled "How I sourced $5100 worth of items in one day" or similar. But I'm just one person. If your audience doesn't mind click bait you'll be just fine.
Thanks for the comment and feedback! I appreciate it, have a wonderful day 😀
👍👍👍
😊
I have no words
Well thanks for the comment! 😁
you sound like a comedian named Martin Phillips
Thanks! 😀
do all these items actually sell tho ?
Thanks for the awesome comment and question! Eventually, most items do sell. A small percentage does take quite a long time to sell. In cases like this most items will be donated. Thanks again and have a great day! :)
What state you at?
Colorado!
My guy on the brink of destruction
I sure hope not! Haha. Thanks for the comment and have a great day 😀
I mean if you have the time to do it.. why not. I tried it... but who has time to shop, clean, list 10000 photos , package , and ship.. not me , lol..
Thanks for the comment 😁
It’s a risk just like with any business. My brother does it but he did have business loss the first 2 years.
@@BlessedGJcan't give up if you want to be successful good thing he never gave up.
So you don’t wash the clothes?😳
It depends! Some I do, some I don't! Thanks for the comment 😀
No one can list 300 items a day by themselves dude.
Thanks for the comment! I really appreciate it. I agree with you that listing 300 items in a day is extremely tough. However, I disagree. It is not impossible. The haul in this specific video did take 2 days to accomplish. Typically, listing 100-200 items is extremely practical. It all comes down to having good inventory/listing systems in place. For example, have listing description templates and efficient photo routines. Now, is it hard work? Absolutely. Am I willing to work a 12-14 hour day to accomplish a big haul of inventory? Yes, I absolutely am! Again, I appreciate the comment. Thanks again, and have a wonderful day 😊
Hello,everyone
THE TRUTH!!!!!!!!! THE ONLY WAY TO MAKE MONEY ON THESE PLATFORMS IS TO HAVE A TH-cam CHANEL WHERE YOU TALK ABOUT THE PLATFORMS. TH-camRS ARE PRIORITIZED ABOVE EVERY ONE ELSE AND THEY KNOW IT. THEY WON'T TELL YOU THIS BECAUSE THAT WON'T MAKE THEM MONEY IF YOU KNOW. IT TAKES AWAY FROM THEIR SALES.
Thank you for the comment! I appreciate your input! Personally, I believe there is more than enough for everyone to succeed. I truly believe it comes down to individual effort. I am using this youtube channel to scale my business, and I am not ashamed of that. Giving value will always provide value in my opinion. Thanks again for the comment and have a wonderful day 😊
Just going to keep it real as someone who does 6 figures in pre-owned clothing with a very high STR. I'm highly skeptical of the claim of listing 250 items after sourcing 300 at the bins all in one day. The return rate must be astronomical because that's simply front, back, tag, logo, wrap, done.
No washing (bins notoriously have smelly/dirty clothing), no measurements (used clothing typically shrinks or expands depending on the wash history and size of previous owner), no title optimization, no price research, no item specifics -- you're going to have items sitting forever unless you just run all at auction. The prices you mentioned were very optimistic coming from experience.
Not trying to hate, but this video is just very much unrealistic and not what one should expect. A much more realistic and profitable goal is to source 30 or so very good items a day and list about that amount per day. That's a manageable amount and is easily 6 figures with a low return rate and good customer service.
This model is a good way to have thousands of items that will never sell, tons of returns, and lots of negative feedback.
Someone posted in which she said: "My average sell price is $32. I list 25 a day and sell 25 a day. I work part-time and have 1 girl who takes my photos. I source and list by myself. In two hours at the bins I can get between 40-50 items."
My question to you (because you are in this business) is: What is the likelyhood that someone can have an average selling price of $32 for a used article of clothing? Doesn't that seem VERY high for a USED article of clothing?
@@Quickdraw1111 It's actually very doable in used clothing. You just have to be pickier about what you sell. But don't think in terms of "every item I get has to be selling for $30...", it's much easier to think in terms of, "
1) I'm going to sell a lot of basic, run of the mill items that are widely available but desirable ($7-$15/profit -- pay $1-$3 and sell for $10 to $20+shipping)
2) I'm going to find some items that were bad buys and I just break even on or only make a few bucks ($0-$6 or even a loss of money--just move them, they take up physical space and mental real estate...not worth hanging onto)
3) I'll get better at finding those desirable items that aren't saturated yet (several daily sales of $20+/profit items---pay $5-$10 and sell for $30-$50+ shipping)
and
4) I'm going to find a few bangers on more rare occasions (pay $1 to $20 and make $30, 50, or even $100/profit.)
The good items will bring your ASP up, but the steady, low profit items are the pulse of your business.
The majority of clothing sellers get into trouble when they forget the main rule of reselling used clothing: cash flow is king.
You're better off breaking even, getting that money and just buying something else vs hanging on for dear life in hopes your unicorn buyer comes along and pays up for it.
The reason for that is because you get BETTER at knowing what sells and you learn more as time goes on, so you can redeploy your profits more wisely as time goes on.
If this dudes pushing $1.5M a year there's a 0% chance he makes a youtube video on this
Thanks so much for the comment! I do not make that much money per year, but I'm working hard to get there! Maybe that's why I haven't posted in a few months. Thanks for the comment and have a wonderful day 😀
So you don't measure?
I measure upon request. Great questions! Thanks for the comment 😁
Holy clickbait Batman
Hello! Thank you so much for the comment. I disagree, but I respect your perspective! Thanks 😁
Oh I’m sorry. I thought I read $5100 per day not $50 per day. Click baiter.
Thank you for the comment! I disagree, but I respect your opinion. Have a great day 😁
Saw the make $5100 a day selling, than I saw the junk yard ready suv and stopped watching. Just another bait title.
I disagree, but I respect your opinion! Have a wonderful day 😀
Listing 300 items in a day? I'd die. 🤣
It's hard work! Thanks for the comment 😀
Pretty dishonest, really. You're just suckering people onto your page with the headline. the $5,100/day is - by your own admission - what you will, eventually, make in three months of turnaround. I knew it wouldn't be true when I saw the headline, but that's really disingenuous. You should be more transparent.
Thanks for the comment and critism! It's comments like these that will make my future videos better! Have a wonderful day 😀
You said you bought 300 items and after you sell them you will make $5100 in a day. My question is: are you selling 300 items a day? Is that your average?
But um, But um, But um, But um. My business, My business, My business, My business..........
I'm working on my speech! Thanks for the comment and criticism. Have a great day 😀
Looks like jacob gave up. I guess he didnt earn 5k... clown
You're right! Getting married, moving into a beautiful new home, and traveling all across the US. All while my business has grown over the past year is pretty clownish. Good thing I'm proud to be a clown! 😉
lame clickbait
I disagree, but thank you for the comment and criticism. Have a wonderful day 😊
I love your videos. Can you just put the items right into the actual shipping mailer. Thats how I pack my items-I put them in the Padded Flat Rate or polybag right away-no wrapping that way.
I'll make a video on it :)