Jump around: [Title question] Did eBay's used clothing washing policy change? 18:54 How should I photograph new in box items? 0:14 What do you do with your quiche's anti-inflammatory liquid? 3:36 Why do you wear gloves at the bins? 9:01 Does eBay report your gross or net sales to the IRS? 11:18 Why do Goodwill executives make so much money if they are a non-profit? 14:04 Why delist something instead of lowering the price? 15:33
The fact that you do this part-time is the biggest reason I follow you. I don't want to quit my full-time job with benefits. I want to make part time money from eBay. Keep doing your thing, a lot of us appreciate it!
I don't think resellers talk nearly enough about health insurance, that alone is a very good reason for someone to not quit their fulltime job. A bare minimum health plan for a health middle aged person with a sky high deductible can cost as much as a rent or mortgage payment per month. Many who are self employed can't afford health insurance and have to go without.
Reselling is a good side hustle BUT if you are making a lot of money from your full time job your marginal tax rate might be so high that it really eats at your reselling profits.
@@johnathin0061892I can attest to the fact that it does in fact cost a mortgage payment...for my family of four healthy folks ours is $1400/mo. That is a no-frills, high deductible, lots of exclusions policy. Basically the old "catastrophic" health coverage the kind we used to have that was super cheap. Only now even that costs a fortune and if anything bad did happen, would still leave us in a tough financial spot. It's awful
When my wife was getting close to retiring, we talked about her trying to resell. We watched a lot of TH-camrs but it was your videos that pushed us to get going. She doesn't want a full time job, just something to do and to bring in some extra money. She is doing great with it. She does the majority of the listing and I take care of shipping before work. Thank you for your videos.
Hey! I wanted to update on my journey. I’ve hit 2 months today and I’m at 2,000 USD Net sales. Bought a large lot of movies for cheap, and told the people I was a reseller. She told me she runs local estate sales and will reach out with more movies. My first network web! Thanks for your realism in this space!
Hello from Germany 🙂 ...I put all my clothes that I get to resell in the dryer for 5 Minutes ( new with tags included ) to remove dust , hair and lints or whatever there may be 😀
You're doing Ebay just the way I want it, not a full time income just part time. I'm retired and my wife still works, so I intend to build it up enough so it will help support us and of course replace her income.
I've started to do this part-time as well and it's so nice to see someone doing it part-time and doing it in a realistic, attainable way. Love your videos!
I would guess that a large majority of Ebay resellers are doing it on a part time or less basis. You are likely smack dab in the middle of most in terms of volume and do a fantastic job showcasing the basics of listing and what to expect in terms of a realistic return on your time and money. Appreciate your honest and in depth analysis on a weekly basis.
Thanks Justin! I just recently stumbled upon your channel, and I, too, am a part-time eBay seller, and this is the exact content I've been looking for!
I have been selling a bunch of vintage rock T-shirts (70s--90s) and this presented us with the dilemma to clean or not. Many collectors prefer they not be washed even if they have been worn or have stains. Some may keep the shirt as-is and others just want to be sure it is cleaned "properly" using whatever special methods they use. So we just didn't wash any of them and stated so in the listing for the reason just described. Never ran into a problem with eBay or customers with this so far and it has been several years.
Thank you for the update regarding the used clothing policy. I wasn’t aware of that language change. You are the first You Tube Reseller who has addressed the policy without drama or misinformation. I’ve always said properly cleaned is open to interpretation. It can mean machine laundered, hand soaked, stain treated, steamed, laid out in the sun ( an amazing natural disinfectant btw), or pounded with rocks (I jest). The people who got worked up “ You need to wash your items! It’s an eBay policy!! 🙄🙄 Again, thanks for the update and common sense approach.
I get your style, I only make a few hundred bucks a month but I enjoy doing it. Also we do a few extra things or shopping, pay off a bill ahead of time...good stuff. thank you for the video.
Great video! I do have a question....I used to have an eBay shop, established about 400 reviews, but they had just changed the payout systems so I closed up shop. Looking to get back into it and love that I found your channel. My question, do you or maybe your followers could comment, feel that a shop selling a niche can be more attractive and successful than a "garage sale" style shop? From my perspective, sometimes I trust a seller who could understand the importance of listing accuracy or packaging the items (collectibles and rare trading cards). Thanks for everyone's kind comments.
Regarding getting rid of inventory versus lowering the price, I admit, I sometimes make emotional decisions. If I overpaid for an item, and it’s not selling, I will sometimes get rid of it rather than feeling that annoyance every time I look at it.
I currently don't sell enough to be full-time, but I want to get there eventually. Your videos have and continue to teach me a lot, more than some full-time sellers on TH-cam do. You provide a wonderful foundation of knowledge that regardless of part or full-time, is priceless for us sellers. Eventually when I can afford it, Flipwise will help me even more and I know it's helping lots of others that currently have it. Thank you, Justin.
With regards to donating something that didn't sell: Most thrift stores give you a coupon when you donate. So donating some items can save you a pretty decent amount of money if you make a big purchase at a thrift store
I absolutely started watching you because you were just ebaying part time! I was actually still working corporately when I started just selling personal stuff on the weekends, never with any intention of full time. And although I was finally able to retire from my 9-5, Ive stayed pretty much in "hobby-mode", as a reseller. Also....I had NO IDEA that you were from KC! Thats where I am too..born and raised here. And yeah the Chiefs doing so well the last few years has definitely been a huge deal! Okay....I guess thats it...thanks again for sharing all that you do. Its appreciated!
Thanks for answering my question! Totally forgot about the way back machine, which you have mentioned in past videos. Now I can confirm that I haven’t lost my marbles after all. Yet.
Justin, fyi Brushpopper shirts have a coating on the fabric you can feel on the inside of the shirt, it is to make them water resistant and wind resistant. They were not necessarily heavier, they just had a light coating that felt rubberized. They became popular in the early 90's, and people like me complained because they did not breathe well. The late 90's Wrangler came out with a Brushpopper Light that was to address this issue, I didn't feel it did; however, it was lighter than the original Brushpopper.
I met a friend at the bins one day last year. Our first row we discovered Cremated human remains that had been opened and was getting ash on things. We immediately got a bins employee and they removed the bin immediately. It really lowered the mood of our day.😅
Justin, what a great response to explain how you make a nice addition to your family income working part time. I have been watching some of the BIG SELLERS. I find their stories quite puzzling. Some sell CR*P, SELL item for $3.00 and charge $8.00 shipping - and start the video with arms loaded down with “ TODAYS SALES” never saying than most were under $5. I think a lot of bravo is for you tube and full of flaws.. You channel is wonderful. I have sold for almost 20 years, but took 4 years off. I started again in July 2024 and have grossed $5350 in 7 weeks. IT IS SO MUCH EASIER than in the early days. Your opinion would be interesting.
Thank you for showing us how to make some good extra money selling part-time on eBay. Not everyone wants to hustle hard and be a 6 figure seller. I sure don’t! 😅
I do love me some brush-poppers! You provide invaluable knowledge to all sellers regardless to how much time they invest into their business. The processes and principles you pass onto us, are the best and have helped me so much. I would have not been able to transition into this as “easy” as I have had I not watched your content. Again, thanks for everything you do. 👊🏻
I’m born and raised in KC as well! I think I’m just a few years younger than you, so experienced the same decades of pain prior to the last few years while watching Chiefs games. One of my favorite memories is being at Arrowhead for the Afc championship back in 2020. I was 8.5 months pregnant at the time and couldn’t hold back the happy tears. Fingers crossed for that Threepeat! Love the content, by the way! You’ve helped me a ton with my listing process.
I usually resort/default to Wild Turkey 101 as an anti inflammatory though I doubt it pairs well with quiche. Be a Pro... don't steal pics especially if your pics are shitty, then using pro quality will really make yours look even worse. I can still remember in Y2K when other Sellers used to steal my pics cause they had no digital camera and how that pissed me off. But that was before I discovered the anti inflammatory benefits of Wild Turkey 101.
I am a closet reseller, meaning my inventory is in two bins in my closet, so unfortunately I have to rule out candles because it’ll make my whole closet/inventory smell 😂
Goodwill is not run well, worked there. Ive seen what goes on behind the scene and it’s not good. A lot of donations get trashed that don’t sell after a while, well no crap seeing the price tags still on them wanting way too much when you could just go buy new for same price or cheaper. Also they are “for the disabled” yeah we had one guy who was disabled and plant manager kept having the production manager write him up for not hitting production numbers. They even told him if I write him up one more time he could be terminated, his reply “good”. He also got someone fired for catching him doing it with an employee in a back room.
1st off FLAVOR is the correct term! I use Flavor to describe anything with a smell. (Laundry, candles,candy) 2nd your amaz-balls. I appreciate every but of wisdom you bestow upon us❤
hey justin - here's an odd one...i sold a knife for $109 the other day - it is a soft cheese knife, with large holes in the blade - is a Finnish design and part of a set - the other piece in the set is a cheese slicer for hard cheese. i knew when i saw it at goodwill that it was special/different - paid $3! the only other comp on ebay is for the full set - marked at - get this - one million dollars. this is not me thinking i have a 500k knife! so first question is - why does ebay allow this nonsense? i actually made an offer of .99 - it wasn't accepted.. so fast forward to my sale - a woman from seattle bought it, paid for it late last friday, so i have until monday to put it in the mail. next i get an email asking if i could kindly ship it to sausalito, instead of seattle? and to please let her know quickly. so i thought about it - there was no difference in shipping price - and thought, sure, i could do this - and wrote her back that i would, and it would go in the mail monday. then i started to fester, thinking, something is not right here - got in touch with the ebay online community, explained what had happened, and i was told i would not have seller protection if i sent the knife to the different address. i emailed her twice telling her this and that i wouldn't be able to ship to sausalito - no response. so first thing this morning, i sent her a message telling her i refunded her money, and if she still wants it - please enter the correct address. i just can't help thinking it has something to do with that dang million dollar knife that is the same as mine! have a look - if you enter 'hackman cheese knife', you'll see this "amazing set"... ultimately my question is - why does ebay allow this? thank you!
Hi Justin... some advice for the new in sealed box, we sell often never opened Soviet boxed goods, we photograph the box before opening, and then include an "unboxing" video clip to show the opening of the box. Proof that it is "New in Box".
Thank you for your response re: Goodwill being a nonprofit. As a nonprofit professional who has spent the majority of my (daytime) career in the nonprofit sector, this is spot-on.
HI Justin. I bought a series of books from a library sale and realized when I got home that each one is stamped on the inside covers as "Not for resell." I can't find anything on ebay that discusses this. Do you know if it is ok to resell books with this message on ebay as long as I disclose this? Thank you!
Thank you for flipwise and your amazing content.. you’re my favorite TH-camr.. so do you ever squeeze an offer? Meaning, you list something either intentionally or unintentionally too high, you get an offer much lower, the item has say 5 people watching and then you start to lower the price still above the low offer you received to then pressure that lower offer to buy higher or to get one of the other watchers to swoop in and buy it out from under the low offer?
About washing clothing: Of course eBay expects clothing to be clean, however smells cannot be proven or photographed, and so it's a complaint that can feel suspicious. I know I don't have a really keen sense of smell anymore, and have found that many buyers DO so it's not worth the risk to assume anything. So even when it appears clean, I wash all clothing that isn't new with tags. If I DID have a super keen sense of smell or was prone to allergies, I would not risk buying used clothing. Yet some do and then complain after they got huge discounts? When items are new with tags (or dry clean only) I air them outdoors or steam them, yet get complaints now and then anyway, so have come to feel uneasy about this. I've had nasty negative feedback due to smell twice among hundreds of clothing sales and had no idea. Was it me or did the buyer make it up? I will never know.
Well stated. It seems that in just about any society or form of government, there will always be those who are stronger, smarter, tougher, more driven, etc. who will wind up being in the controlling position.
Question for you. I have lost money on 2 items now that I pay for shipping because I accepted lower offers. Is there a way to change all items back to buyer pays calculated shipping without checking 179 listings separately? Thanks!
Hey Justin, I have been reselling videogames, consoles & collectibles for about 5/6 months and it has been great! After putting in so much of my time and basically giving up my summer holiday, I make thousands of euros per month now and I will almost quit my side job. Most of my sales are on Vinted atm and I want to make sure that my Vinted page goes extremely well before I put focus on a second app/website like eBay. My question to you is: What makes eBay stand out from other websites like Vinted? On Vinted, my buyers pay the shipping costs and there are zero fees involved. I only have to print out the shipping label (or have somebody scan it) and drop off my package. It seems to me like eBay is a bit more of a hassle. But maybe I am completely wrong! :) I watch your videos every week, you often have very useful tips, even for non-eBay resellers. Thanks and have a great day!
is there some key words we can’t use on ebay , i’m aware of shabby chic and velcro but is cubic zirconia? ebay says i had a violation on my jewelry listing but didn’t say what it was they didn’t like ! i took out the cubic zirconia and Leo 🤷🏻♀️just a guess and they said it was good to go . I don’t get it
Ebay will report your 1099 income to the IRS if it is over $1,000 if you live in New Jersey because that is New Jersey's threshold. Might be like that for other states, too.
Hi Justin thanks again for your video. You may have already answered this question & I missed it - not sure! I end & sell similar when the 30 days comes around on my items but I’m wondering if I’m doing myself a disservice if I have watchers on the item? Should I just leave them alone or continue to end & sell similar to refresh the item? Thanks Bibi
Hey Justin, love you content and I learn a great deal from these weekly shows. Do you recommend forming an LLC at some point, and what is the best way to go about that? Any links you could provide would be amazing! Thank you-
I don't know,,,, I shipped a candle last week and I stressing until it arrived end of week, cause I was sure it was going to melt on it's way to TX. So far so good but man!, I'm sure I've taken minutes off my life over this candle! Think we have a good handful more weeks until we're in the clear still.😜
Hi Justin! I was wondering how you decide how much money you pull out of your business for you and your wife? And how much you keep in the business for inventory and supplies? How do you make that decision?
When you're prepping your label with size etc ...if you keep scrolling down it will give you further options ...like signature required ..more insurance etc.
Hi Justin, Thank you very much for your great content on this channel. Can you please answer my questions: 1. Do you ship internationally your products, if not why? 2. What platform do you use to track your income and expenses, including shipping to tax time? Any suggestions? I am watching you from Australia. Many thanks!
Hi Alex! Yes, I ship through eBay's international shipping program. And I use a platform I created called Flipwise: flipwise.app -- it is available for sellers in Australia, too. Thanks!
Justin when is in your store for a long period of time, what are you doing to get the algorithm to notice it. Or do you let it ride sells, until it sells. Thank you, Steve
Hello Justin, and everyone! I'm so frustrated about an issue with ebay's seller hub, and I'm wondering if any of you are experiencing similar issues. The listings page of the seller hub is not working properly, and many of the options are either grayed out, or don't work. Even the search feature isn't working. I've called ebay every day this week, and there is no resolution. They continue to say that some people are reporting this issue, but there is not timeline on when it will be fixed. Are others seeing this issue too?
I started part time as well and just kept building my store while I worked full time. Once I was making the same on eBay yearly as my yearly full time income I decided to leave my full time job. But my job was toxic so it was an easy decision for me lol. Honestly I work a lot less hours reselling than I did a full time job so it’s totally worth it. I recommend everyone resell on any level, the extra income no matter the amount can be life changing for most. ❤
With a clothing item, should the size given in the title reflect actual measurements, or the tag size? I figure that the tag size is the tag size, and the only reason to put actual measurements in the title is if the size tag is missing. I've routinely put the tag size in the title, then actual measurements using a tape measure in the description. I've just received negative feedback, and clearly the buyer had not read the description. I guess I could add something like "fits small" or "fits big" in the description.
Hey Justin. I have heard other eBay resellers say to not list North Face or Patagonia as NWT because you can get a vero because these two companies have lifetime guarantees on some/most items and don’t like resellers reselling new things because the warranty is voided out if you didn’t purchase from that company. Just wondered what you thought of this since I saw you were selling Patagonia new.
Hi Justin. Thank you for doing you. Your content is great and I LOVE FLIPWISE! (Seriously ... best tool for a beginner reseller ever, and if anyone is wondering about the customer service ... you're awesome at that too.) My question has to do with this "Top Rated Seller" eBay offers. I've recently met the minimum bench marks to qualify and I'd really appreciate your take on the pros/cons. Thank you, Will
Hi Justin. I just found you. Your name came up on fb to be the one to watch to learn things about ebay. I cant wait to watch as many as your videos as I can. $1000-$3000 a month? Wow!! I will take that. I thinks thats amazing. You just showed a map/graph on your selling. I think it was called 'flipwise' Is this on ebay or is it something else you use? I need help on how to keep track of what i buy, how much I sell things for, shipping cost, shipping supplies cost etc. I need info how to keep track of stuff for taxes. Thanks so much
I've been on Ebay, selling my kids clothes as they grow out of them, for probably 15 years. Since most of those items were purchased retail at original or sale prices, there isn't really any "profit" made. Now I'm starting the thrifting and reselling business. Should I start a new store since I have roughly 75 listings of old items leftover from kiddos stuff? Or do I combine everything to keep my seller history and not have a brand new store with no sales/reviews/history? And if I start using Flipwise, do I worry about estimating the COG for the older items I have listed? Appreciate any feedback.
I have a set of Mega Pro Builder blocks in original packaging that were never opened. I bought them 27 years ago for a family member. They returned them to me to sell on Ebay. Once I send them and the box is opened, what happens if they are returned. It will no longer be in new condition and will be devalued. If this happens what is the best way to go about this?
Hi Justin, Sandra here from Australia. Really appreciate the effort you put into your videos. I have a small list of questions which I’m sure you’ve answered in the past but wanted to see if you could reiterate them. First question: sending offers should you wait or should you do it straight away. I know personally if I’ve looked at something and I receive an offer five minutes later, with a discount on it I feel a little bit annoyed and I’m wondering whether my customers would as well. Now I don’t purchase anything straight away as I know I will get an offer within the next 24 hours. Second question: when items are due to be relisted, is it worth ending them and selling similar. What are the advantages? Third question leaving reviews for my buyers. I haven’t tended to do that at this stage, but does it help in regards to the algorithm for ebay to see action on my eBay site. Thank you for your time.
In year 2000 my 2 year old son and his daddy had 13 brushpoppers that matched. Yeah to find them at western stores. Daddy had over 20 of them. They we're kind of a big deal back then 😅
Love ur bankers lamp. Want one of those. You're doing way better than me man but I think my overhead etc and several other of my strategies is much lower. My local sourcing is very limited I actually travel quite far and get what I can when I get there but it has always increased and never decreased so for my setup the turtle still profits. Bins has fresh inventory too I believe from local donations, sometimes it goes right in rather than to the store. That's interesting never knew that. Maybe they realized all the money they were making on heavily stainrd clothes that people still want.
I got a giant binder full of pokenon cards from a family member. I want to sell them individually, but I am not a tcg seller. I would just like to sell the cards I have. On my eBay I sell a lot of clothing and cds, but I also will list anything else i have to sell in that same shop. Would you recommend setting up a second store just for the Pokémon cards to save listing allotments and to keep my store looking looking clean for customers, or would you say its not that big of a deal? And do you know where on ebay I would go to link a second store to my original account? Thank you
Hey Justin! Love your channel! My wife and I just made our first ebay sale yesterday (Yay!) and when I went to the post office this morning to ship it they directed me to the self-service kiosk to scan my shipping label and drop it off. Everything seemed to work okay, but I have notice that some ebay sellers advise against using the kiosks because it doesn't prove official acceptance by the USPS and that you should only hand your items directly to the person at the counter. I was wondering what your opinion was about using the kiosks. Good idea? Bad? Indifferent? Thanks!
Hey Chef JR, I have a couple questions about Flipwise: When you were sharing your best VHS sales, could Flipwise have accepted a search string like “VHS -VCR” or similar to exclude the devices? Also come tax time, what report do you present to your accountant to use for preparation? Thank you very much, we love your videos!
Howdy, yes, you can use all of the common search queries like quotes for specific terms, minus to exclude, etc. And yes, Flipwise will produce everything you need for tax time! Thanks.
One of the issues with Goodwill is their sub-minimum wage, free and subsidized labor, all of which is subsidized directly or indirectly by the taxpayer. On top of that, their dirt cheap/free labor is used to sell online and compete with businesses like ours (that I have a MAJOR issue with.) I am all for job training, but it is not right I am forced to subsidize my competition.
Hi Justin, any advice on how to list an item from a nice European brand that (apparently) no one in the US has ever heard of? I bought a kind of expensive leather handbag on vacation in Europe, but when I got home I decided it's not really my style. It has been listed on eBay for several months, but no one has even looked at it. I have experimented with a variety of price points, changed key words in the title, increased the number of photographs, and ended and relisted. I am also promoting the handbag at eBay's suggested rate of 10%. Is there anything else I should try? The only thing I haven't done is open the listing up to international sales. I know you are in favor of selling internationally, but I am hesitant to do that after having a bad experience shipping to an APO. Maybe that was just a one-off and I'm just gun shy now. Anyway, thanks for your content and the occasional deadpan sarcasm, it's all much appreciated.
In Flipwise, how do you give a vaule to items from bulk buy? I purchase storage units, and some have so many items its hard to know what value to give them. I have a unit that i paid $50 for but has 100s of items.
I give all items in a bulk buy a unique Purchase Location (something like "Storage Unit #123") and then give each item a share of the cost making sure it adds up to the total spent. Sometimes I split the total cost across all units evenly, and other times I give a weighted cost based on the value.
Today I uploaded a pair of New balance shoes that were brand new Without Box and eBay automatically uploaded a stock cover image for me to use of the shoes.
Hey Justin, been watching for a bit but I had 2 questions Are there any categories you know are money makers, but you avoid because your knowledge isn't there or it doesn't appeal to you? What kind of backgrounds do you think are best product photography. I've wood grain backgrounds, white, off-white, In a living room, on a table, etc. I've seen some arguments that say that there is an inverse of taking more professional photos making your items feel less "authentic". I'd love to hear your opinions. Thank you!
If you are collecting regular social security benefits, as retired, there is an income limit on how much you can make before your monthly SS is reduced. If you are collecting other types of Social Security, your value of assets are limited. SS administration has been sending bills for pay back to some people that have been "overpaid" and reducing payments until amounts are paid back. If you are collecting any govt benefits, be advised that your income is limited.
I have a question concerning creating coupons on eBay. I wanted to create a 20% off of 3 or more items. I was advised on a search engine when asking this question that this was risky due to cutting into profits. Obviously offering any discount is cutting into profits. What is your perspective? Thanks very much.
Hey Justin, I have been using Flipwise for a few months now and it’s easily the best eBay companion I’ve found to keep track of sales and expenses. I do have a question for when it comes to tax time and using Flipwise. While I input all expenses into Flipwise I was wondering if you also keep every physical receipt from your thrifting? I have been keeping mine in and it’s become quite the pile. Also, thanks for sharing all your knowledge! I have put a lot of it into practice and am seeing the profits!
I've noticed some of the most 'successful' (i.e. Big) eBayers are currently out of business or having to drastically downsize their operations and/or assets. I'm not in it to get rich quick or live high on the hog. I just want sustainability with steady growth. Fortunately for me I don't have a family to support because mine are all grown and doing their own thing.
Question; I know that you promote at 2% all of your items and that you continually list new items daily to keep your store stocked, but do you have a markdown or sale schedule that you follow for older inventory or do you end/relist with price drops for old inventory or do you just leave it be and wait for it to sell? I have a small store and want a lsrger store, I am just afraid of items sitting around for 2 years.
Jump around:
[Title question] Did eBay's used clothing washing policy change? 18:54
How should I photograph new in box items? 0:14
What do you do with your quiche's anti-inflammatory liquid? 3:36
Why do you wear gloves at the bins? 9:01
Does eBay report your gross or net sales to the IRS? 11:18
Why do Goodwill executives make so much money if they are a non-profit? 14:04
Why delist something instead of lowering the price? 15:33
The fact that you do this part-time is the biggest reason I follow you. I don't want to quit my full-time job with benefits. I want to make part time money from eBay. Keep doing your thing, a lot of us appreciate it!
I don't think resellers talk nearly enough about health insurance, that alone is a very good reason for someone to not quit their fulltime job. A bare minimum health plan for a health middle aged person with a sky high deductible can cost as much as a rent or mortgage payment per month. Many who are self employed can't afford health insurance and have to go without.
Reselling is a good side hustle BUT if you are making a lot of money from your full time job your marginal tax rate might be so high that it really eats at your reselling profits.
@@johnathin0061892I can attest to the fact that it does in fact cost a mortgage payment...for my family of four healthy folks ours is $1400/mo. That is a no-frills, high deductible, lots of exclusions policy. Basically the old "catastrophic" health coverage the kind we used to have that was super cheap. Only now even that costs a fortune and if anything bad did happen, would still leave us in a tough financial spot. It's awful
I just want to say, for a lot of people, making an extra $2000-$3000 a month would be life-changing.
Good grief, I know quite a few people who make less than $2000 a month working a fulltime job. An "extra" $2000 a month for some is unimaginable.
No kidding man if I average out my adult life it's like 400 to 500 a month at most. Well into my thirties.
An extra 24k-36k extra a year, that's nuts.
When my wife was getting close to retiring, we talked about her trying to resell. We watched a lot of TH-camrs but it was your videos that pushed us to get going. She doesn't want a full time job, just something to do and to bring in some extra money. She is doing great with it. She does the majority of the listing and I take care of shipping before work. Thank you for your videos.
Hey! I wanted to update on my journey. I’ve hit 2 months today and I’m at 2,000 USD Net sales. Bought a large lot of movies for cheap, and told the people I was a reseller. She told me she runs local estate sales and will reach out with more movies. My first network web! Thanks for your realism in this space!
I work fulltime and so I am part timer. The last 31 days I have made almost $600. Not bad for me. I'll take it.
Hello from Germany 🙂 ...I put all my clothes that I get to resell in the dryer for 5 Minutes ( new with tags included ) to remove dust , hair and lints or whatever there may be 😀
Oh , and that also removes wrinkles when you lay or hang it imediately after 🙂
Das is sehr gut
What a gut idea! ❤
Hot setting sanitizes too!
@@nebulousvoid , yes , but not if wool, silk and tags ( on the clothes ) are included .
You're doing Ebay just the way I want it, not a full time income just part time. I'm retired and my wife still works, so I intend to build it up enough so it will help support us and of course replace her income.
I've started to do this part-time as well and it's so nice to see someone doing it part-time and doing it in a realistic, attainable way. Love your videos!
I would guess that a large majority of Ebay resellers are doing it on a part time or less basis. You are likely smack dab in the middle of most in terms of volume and do a fantastic job showcasing the basics of listing and what to expect in terms of a realistic return on your time and money. Appreciate your honest and in depth analysis on a weekly basis.
Thanks Justin! I just recently stumbled upon your channel, and I, too, am a part-time eBay seller, and this is the exact content I've been looking for!
I have been selling a bunch of vintage rock T-shirts (70s--90s) and this presented us with the dilemma to clean or not. Many collectors prefer they not be washed even if they have been worn or have stains. Some may keep the shirt as-is and others just want to be sure it is cleaned "properly" using whatever special methods they use. So we just didn't wash any of them and stated so in the listing for the reason just described. Never ran into a problem with eBay or customers with this so far and it has been several years.
Thank you for the update regarding the used clothing policy. I wasn’t aware of that language change. You are the first You Tube Reseller who has addressed the policy without drama or misinformation. I’ve always said properly cleaned is open to interpretation. It can mean machine laundered, hand soaked, stain treated, steamed, laid out in the sun ( an amazing natural disinfectant btw), or pounded with rocks (I jest). The people who got worked up “ You need to wash your items! It’s an eBay policy!! 🙄🙄
Again, thanks for the update and common sense approach.
I get your style, I only make a few hundred bucks a month but I enjoy doing it. Also we do a few extra things or shopping, pay off a bill ahead of time...good stuff. thank you for the video.
Great video! I do have a question....I used to have an eBay shop, established about 400 reviews, but they had just changed the payout systems so I closed up shop. Looking to get back into it and love that I found your channel. My question, do you or maybe your followers could comment, feel that a shop selling a niche can be more attractive and successful than a "garage sale" style shop? From my perspective, sometimes I trust a seller who could understand the importance of listing accuracy or packaging the items (collectibles and rare trading cards). Thanks for everyone's kind comments.
Regarding getting rid of inventory versus lowering the price, I admit, I sometimes make emotional decisions. If I overpaid for an item, and it’s not selling, I will sometimes get rid of it rather than feeling that annoyance every time I look at it.
I currently don't sell enough to be full-time, but I want to get there eventually. Your videos have and continue to teach me a lot, more than some full-time sellers on TH-cam do. You provide a wonderful foundation of knowledge that regardless of part or full-time, is priceless for us sellers. Eventually when I can afford it, Flipwise will help me even more and I know it's helping lots of others that currently have it. Thank you, Justin.
With regards to donating something that didn't sell:
Most thrift stores give you a coupon when you donate. So donating some items can save you a pretty decent amount of money if you make a big purchase at a thrift store
I absolutely started watching you because you were just ebaying part time! I was actually still working corporately when I started just selling personal stuff on the weekends, never with any intention of full time. And although I was finally able to retire from my 9-5, Ive stayed pretty much in "hobby-mode", as a reseller. Also....I had NO IDEA that you were from KC! Thats where I am too..born and raised here. And yeah the Chiefs doing so well the last few years has definitely been a huge deal! Okay....I guess thats it...thanks again for sharing all that you do. Its appreciated!
Thanks for answering my question! Totally forgot about the way back machine, which you have mentioned in past videos. Now I can confirm that I haven’t lost my marbles after all. Yet.
Justin, fyi Brushpopper shirts have a coating on the fabric you can feel on the inside of the shirt, it is to make them water resistant and wind resistant. They were not necessarily heavier, they just had a light coating that felt rubberized. They became popular in the early 90's, and people like me complained because they did not breathe well. The late 90's Wrangler came out with a Brushpopper Light that was to address this issue, I didn't feel it did; however, it was lighter than the original Brushpopper.
I agree with the GW revoke comment … they remove sale items from the floor before they go on sale… that’s not something a non profit would do
I met a friend at the bins one day last year. Our first row we discovered Cremated human remains
that had been opened and was getting ash on things.
We immediately got a bins employee and they removed the bin immediately.
It really lowered the mood of our day.😅
I found ashes in wooden boxes too actually priced and on the shelf at the regular goodwill store- freaky
Oy
Justin, what a great response to explain how you make a nice addition to your family income working part time. I have been watching some of the BIG SELLERS. I find their stories quite puzzling. Some sell CR*P, SELL item for $3.00 and charge $8.00 shipping - and start the video with arms loaded down with “ TODAYS SALES” never saying than most were under $5. I think a lot of bravo is for you tube and full of flaws.. You channel is wonderful. I have sold for almost 20 years, but took 4 years off. I started again in July 2024 and have grossed $5350 in 7 weeks. IT IS SO MUCH EASIER than in the early days. Your opinion would be interesting.
Thank you for showing us how to make some good extra money selling part-time on eBay.
Not everyone wants
to hustle hard and be a
6 figure seller. I sure don’t! 😅
I do love me some brush-poppers! You provide invaluable knowledge to all sellers regardless to how much time they invest into their business. The processes and principles you pass onto us, are the best and have helped me so much. I would have not been able to transition into this as “easy” as I have had I not watched your content. Again, thanks for everything you do. 👊🏻
I’m born and raised in KC as well! I think I’m just a few years younger than you, so experienced the same decades of pain prior to the last few years while watching Chiefs games. One of my favorite memories is being at Arrowhead for the Afc championship back in 2020. I was 8.5 months pregnant at the time and couldn’t hold back the happy tears. Fingers crossed for that Threepeat! Love the content, by the way! You’ve helped me a ton with my listing process.
I usually resort/default to Wild Turkey 101 as an anti inflammatory though I doubt it pairs well with quiche.
Be a Pro... don't steal pics especially if your pics are shitty, then using pro quality will really make yours look even worse. I can still remember in Y2K when other Sellers used to steal my pics cause they had no digital camera and how that pissed me off. But that was before I discovered the anti inflammatory benefits of Wild Turkey 101.
Whiskey makes a body good 🤙🥃
uncleronny6748 😂
😂
I am a closet reseller, meaning my inventory is in two bins in my closet, so unfortunately I have to rule out candles because it’ll make my whole closet/inventory smell 😂
Maybe you can put the candles in your linen closet. Lol.
Please tell me which video of yours shows setting up shipping policies and how to do it. Thanks!
Thank you. Your section explaining being part time really made me feel so much better about being small scale. ❤ Really I appreciate your videos
Goodwill is not run well, worked there. Ive seen what goes on behind the scene and it’s not good. A lot of donations get trashed that don’t sell after a while, well no crap seeing the price tags still on them wanting way too much when you could just go buy new for same price or cheaper. Also they are “for the disabled” yeah we had one guy who was disabled and plant manager kept having the production manager write him up for not hitting production numbers. They even told him if I write him up one more time he could be terminated, his reply “good”. He also got someone fired for catching him doing it with an employee in a back room.
Hey, you're in good company- I would totally go to the Goodwill Bins on my birthday!
1st off FLAVOR is the correct term! I use Flavor to describe anything with a smell. (Laundry, candles,candy) 2nd your amaz-balls. I appreciate every but of wisdom you bestow upon us❤
You offer incredibly useful information for many of us Sir, it is appreciated and thank you
hey justin - here's an odd one...i sold a knife for $109 the other day - it is a soft cheese knife, with large holes in the blade - is a Finnish design and part of a set - the other piece in the set is a cheese slicer for hard cheese. i knew when i saw it at goodwill that it was special/different - paid $3! the only other comp on ebay is for the full set - marked at - get this - one million dollars. this is not me thinking i have a 500k knife! so first question is - why does ebay allow this nonsense? i actually made an offer of .99 - it wasn't accepted..
so fast forward to my sale - a woman from seattle bought it, paid for it late last friday, so i have until monday to put it in the mail. next i get an email asking if i could kindly ship it to sausalito, instead of seattle? and to please let her know quickly. so i thought about it - there was no difference in shipping price - and thought, sure, i could do this - and wrote her back that i would, and it would go in the mail monday. then i started to fester, thinking, something is not right here - got in touch with the ebay online community, explained what had happened, and i was told i would not have seller protection if i sent the knife to the different address. i emailed her twice telling her this and that i wouldn't be able to ship to sausalito - no response. so first thing this morning, i sent her a message telling her i refunded her money, and if she still wants it - please enter the correct address.
i just can't help thinking it has something to do with that dang million dollar knife that is the same as mine! have a look - if you enter 'hackman cheese knife', you'll see this "amazing set"... ultimately my question is - why does ebay allow this? thank you!
Hi Justin... some advice for the new in sealed box, we sell often never opened Soviet boxed goods, we photograph the box before opening, and then include an "unboxing" video clip to show the opening of the box. Proof that it is "New in Box".
Thank you for your response re: Goodwill being a nonprofit. As a nonprofit professional who has spent the majority of my (daytime) career in the nonprofit sector, this is spot-on.
3:46 🤣🤣 totally dead pan - thx for making my day 🤩🙌
HI Justin. I bought a series of books from a library sale and realized when I got home that each one is stamped on the inside covers as "Not for resell." I can't find anything on ebay that discusses this. Do you know if it is ok to resell books with this message on ebay as long as I disclose this? Thank you!
Thank you for flipwise and your amazing content.. you’re my favorite TH-camr.. so do you ever squeeze an offer? Meaning, you list something either intentionally or unintentionally too high, you get an offer much lower, the item has say 5 people watching and then you start to lower the price still above the low offer you received to then pressure that lower offer to buy higher or to get one of the other watchers to swoop in and buy it out from under the low offer?
I never even thought of listing Yankee candles. Lol. I learn something new every single hour of every single day. 🙃
Same!
I just took some to GW because the weight of shipping turns some people off.
Really appreciate your in depth videos!
About washing clothing: Of course eBay expects clothing to be clean, however smells cannot be proven or photographed, and so it's a complaint that can feel suspicious.
I know I don't have a really keen sense of smell anymore, and have found that many buyers DO so it's not worth the risk to assume anything. So even when it appears clean, I wash all clothing that isn't new with tags.
If I DID have a super keen sense of smell or was prone to allergies, I would not risk buying used clothing. Yet some do and then complain after they got huge discounts?
When items are new with tags (or dry clean only) I air them outdoors or steam them, yet get complaints now and then anyway, so have come to feel uneasy about this. I've had nasty negative feedback due to smell twice among hundreds of clothing sales and had no idea. Was it me or did the buyer make it up? I will never know.
Well stated. It seems that in just about any society or form of government, there will always be those who are stronger, smarter, tougher, more driven, etc. who will wind up being in the controlling position.
As long as the clothes don't smell im not washing them. The common thing i have to do is use a lint roller if it has some hairs or fuzzys on them.
Question for you. I have lost money on 2 items now that I pay for shipping because I accepted lower offers. Is there a way to change all items back to buyer pays calculated shipping without checking 179 listings separately?
Thanks!
Hey Justin,
I have been reselling videogames, consoles & collectibles for about 5/6 months and it has been great! After putting in so much of my time and basically giving up my summer holiday, I make thousands of euros per month now and I will almost quit my side job. Most of my sales are on Vinted atm and I want to make sure that my Vinted page goes extremely well before I put focus on a second app/website like eBay.
My question to you is: What makes eBay stand out from other websites like Vinted? On Vinted, my buyers pay the shipping costs and there are zero fees involved. I only have to print out the shipping label (or have somebody scan it) and drop off my package. It seems to me like eBay is a bit more of a hassle. But maybe I am completely wrong! :)
I watch your videos every week, you often have very useful tips, even for non-eBay resellers. Thanks and have a great day!
is there some key words we can’t use on ebay , i’m aware of shabby chic and velcro but is cubic zirconia? ebay says i had a violation on my jewelry listing but didn’t say what it was they didn’t like ! i took out the cubic zirconia and Leo 🤷🏻♀️just a guess and they said it was good to go . I don’t get it
Onesie is another one. Gerber has that term. One piece is a substitute key word... I sold a one piece adult pajama garment a couple of years ago...
Ebay will report your 1099 income to the IRS if it is over $1,000 if you live in New Jersey because that is New Jersey's threshold. Might be like that for other states, too.
Hi Justin thanks again for your video. You may have already answered this question & I missed it - not sure! I end & sell similar when the 30 days comes around on my items but I’m wondering if I’m doing myself a disservice if I have watchers on the item? Should I just leave them alone or continue to end & sell similar to refresh the item? Thanks Bibi
How do I ‘delete and list like item’ to try to get some lookers at my items that aren’t selling
Flipwise has been a Game Changer for me! Thanks
Hey Justin, love you content and I learn a great deal from these weekly shows. Do you recommend forming an LLC at some point, and what is the best way to go about that? Any links you could provide would be amazing! Thank you-
I found a huge butt plug at the bins yesterday opened. I'm gonna start bringing gloves I was so grossed out!
Bins are not my thing. Goodluck.
@@debbiehopper5288 what?
Yes wear gloves. If you see my gloves (I wear medical gloves) you will see all of the dirt. There are other sex toys I have seen too.
So love your transparency.
Justin. What’s your real job. I think you are amazing giving us great info plus selling . You are doing great. Thx for all you do for us sellers
I don't know,,,, I shipped a candle last week and I stressing until it arrived end of week, cause I was sure it was going to melt on it's way to TX. So far so good but man!, I'm sure I've taken minutes off my life over this candle! Think we have a good handful more weeks until we're in the clear still.😜
Love your videos always learn something new!
Hi Justin! I was wondering how you decide how much money you pull out of your business for you and your wife? And how much you keep in the business for inventory and supplies? How do you make that decision?
I got a question. How do you put additional insurance on an item?
When you're prepping your label with size etc ...if you keep scrolling down it will give you further options ...like signature required ..more insurance etc.
Hi Justin,
Thank you very much for your great content on this channel. Can you please answer my questions:
1. Do you ship internationally your products, if not why?
2. What platform do you use to track your income and expenses, including shipping to tax time? Any suggestions?
I am watching you from Australia.
Many thanks!
Hi Alex! Yes, I ship through eBay's international shipping program. And I use a platform I created called Flipwise: flipwise.app -- it is available for sellers in Australia, too.
Thanks!
Justin when is in your store for a long period of time, what are you doing to get the algorithm to notice it. Or do you let it ride sells, until it sells.
Thank you,
Steve
that’s a lot of money per month for me! i am retired and trust me, this is great! thank you for keeping it real
Hello Justin, and everyone! I'm so frustrated about an issue with ebay's seller hub, and I'm wondering if any of you are experiencing similar issues. The listings page of the seller hub is not working properly, and many of the options are either grayed out, or don't work. Even the search feature isn't working. I've called ebay every day this week, and there is no resolution. They continue to say that some people are reporting this issue, but there is not timeline on when it will be fixed. Are others seeing this issue too?
Excellent Excellent Video like always your so Informative, helpful & honest 👍🙏😃
I started part time as well and just kept building my store while I worked full time. Once I was making the same on eBay yearly as my yearly full time income I decided to leave my full time job. But my job was toxic so it was an easy decision for me lol. Honestly I work a lot less hours reselling than I did a full time job so it’s totally worth it. I recommend everyone resell on any level, the extra income no matter the amount can be life changing for most. ❤
With a clothing item, should the size given in the title reflect actual measurements, or the tag size? I figure that the tag size is the tag size, and the only reason to put actual measurements in the title is if the size tag is missing. I've routinely put the tag size in the title, then actual measurements using a tape measure in the description. I've just received negative feedback, and clearly the buyer had not read the description. I guess I could add something like "fits small" or "fits big" in the description.
So thankful for your videos. ❤
Hey Justin. I have heard other eBay resellers say to not list North Face or Patagonia as NWT because you can get a vero because these two companies have lifetime guarantees on some/most items and don’t like resellers reselling new things because the warranty is voided out if you didn’t purchase from that company. Just wondered what you thought of this since I saw you were selling Patagonia new.
never heard that and never had an issue!
How do you reinvest your money from the sales? Is a percentage from the profits or you just reinvest the cost of goods?
Also do you use a separate account to buy items?
Hi Justin. Thank you for doing you. Your content is great and I LOVE FLIPWISE! (Seriously ... best tool for a beginner reseller ever, and if anyone is wondering about the customer service ... you're awesome at that too.) My question has to do with this "Top Rated Seller" eBay offers. I've recently met the minimum bench marks to qualify and I'd really appreciate your take on the pros/cons. Thank you, Will
A pleasure to listen to you!
Hi Justin. I just found you. Your name came up on fb to be the one to watch to learn things about ebay. I cant wait to watch as many as your videos as I can. $1000-$3000 a month? Wow!! I will take that. I thinks thats amazing. You just showed a map/graph on your selling. I think it was called 'flipwise' Is this on ebay or is it something else you use? I need help on how to keep track of what i buy, how much I sell things for, shipping cost, shipping supplies cost etc. I need info how to keep track of stuff for taxes. Thanks so much
Well I posted this comment before I watched your video to the end. Lol. You mentioned you keep track of everything with flipwise. Thank you.
I've been on Ebay, selling my kids clothes as they grow out of them, for probably 15 years. Since most of those items were purchased retail at original or sale prices, there isn't really any "profit" made. Now I'm starting the thrifting and reselling business. Should I start a new store since I have roughly 75 listings of old items leftover from kiddos stuff? Or do I combine everything to keep my seller history and not have a brand new store with no sales/reviews/history? And if I start using Flipwise, do I worry about estimating the COG for the older items I have listed? Appreciate any feedback.
I have a set of Mega Pro Builder blocks in original packaging that were never opened. I bought them 27 years ago for a family member. They returned them to me to sell on Ebay. Once I send them and the box is opened, what happens if they are returned. It will no longer be in new condition and will be devalued. If this happens what is the best way to go about this?
Hi Justin, Sandra here from Australia. Really appreciate the effort you put into your videos. I have a small list of questions which I’m sure you’ve answered in the past but wanted to see if you could reiterate them. First question: sending offers should you wait or should you do it straight away. I know personally if I’ve looked at something and I receive an offer five minutes later, with a discount on it I feel a little bit annoyed and I’m wondering whether my customers would as well. Now I don’t purchase anything straight away as I know I will get an offer within the next 24 hours. Second question: when items are due to be relisted, is it worth ending them and selling similar. What are the advantages? Third question leaving reviews for my buyers. I haven’t tended to do that at this stage, but does it help in regards to the algorithm for ebay to see action on my eBay site. Thank you for your time.
In year 2000 my 2 year old son and his daddy had 13 brushpoppers that matched. Yeah to find them at western stores. Daddy had over 20 of them. They we're kind of a big deal back then 😅
If you are packaging an item and have to use a larger box, doesn’t that change the price of the shipping label
On eBay how do I add a description under "Condition". And thank you for all your wonderful information.
Love ur bankers lamp. Want one of those. You're doing way better than me man but I think my overhead etc and several other of my strategies is much lower. My local sourcing is very limited I actually travel quite far and get what I can when I get there but it has always increased and never decreased so for my setup the turtle still profits.
Bins has fresh inventory too I believe from local donations, sometimes it goes right in rather than to the store.
That's interesting never knew that. Maybe they realized all the money they were making on heavily stainrd clothes that people still want.
I got a giant binder full of pokenon cards from a family member. I want to sell them individually, but I am not a tcg seller. I would just like to sell the cards I have. On my eBay I sell a lot of clothing and cds, but I also will list anything else i have to sell in that same shop. Would you recommend setting up a second store just for the Pokémon cards to save listing allotments and to keep my store looking looking clean for customers, or would you say its not that big of a deal? And do you know where on ebay I would go to link a second store to my original account? Thank you
Hey Justin! Love your channel! My wife and I just made our first ebay sale yesterday (Yay!) and when I went to the post office this morning to ship it they directed me to the self-service kiosk to scan my shipping label and drop it off.
Everything seemed to work okay, but I have notice that some ebay sellers advise against using the kiosks because it doesn't prove official acceptance by the USPS and that you should only hand your items directly to the person at the counter.
I was wondering what your opinion was about using the kiosks. Good idea? Bad? Indifferent? Thanks!
Hey Chef JR, I have a couple questions about Flipwise: When you were sharing your best VHS sales, could Flipwise have accepted a search string like “VHS -VCR” or similar to exclude the devices? Also come tax time, what report do you present to your accountant to use for preparation? Thank you very much, we love your videos!
Howdy, yes, you can use all of the common search queries like quotes for specific terms, minus to exclude, etc. And yes, Flipwise will produce everything you need for tax time! Thanks.
One of the issues with Goodwill is their sub-minimum wage, free and subsidized labor, all of which is subsidized directly or indirectly by the taxpayer. On top of that, their dirt cheap/free labor is used to sell online and compete with businesses like ours (that I have a MAJOR issue with.) I am all for job training, but it is not right I am forced to subsidize my competition.
Hi Justin, any advice on how to list an item from a nice European brand that (apparently) no one in the US has ever heard of? I bought a kind of expensive leather handbag on vacation in Europe, but when I got home I decided it's not really my style. It has been listed on eBay for several months, but no one has even looked at it. I have experimented with a variety of price points, changed key words in the title, increased the number of photographs, and ended and relisted. I am also promoting the handbag at eBay's suggested rate of 10%. Is there anything else I should try? The only thing I haven't done is open the listing up to international sales. I know you are in favor of selling internationally, but I am hesitant to do that after having a bad experience shipping to an APO. Maybe that was just a one-off and I'm just gun shy now. Anyway, thanks for your content and the occasional deadpan sarcasm, it's all much appreciated.
The tax threshold here in MA is only $600. It’s been that way for years.
In Flipwise, how do you give a vaule to items from bulk buy? I purchase storage units, and some have so many items its hard to know what value to give them. I have a unit that i paid $50 for but has 100s of items.
I give all items in a bulk buy a unique Purchase Location (something like "Storage Unit #123") and then give each item a share of the cost making sure it adds up to the total spent. Sometimes I split the total cost across all units evenly, and other times I give a weighted cost based on the value.
Today I uploaded a pair of New balance shoes that were brand new Without Box and eBay automatically uploaded a stock cover image for me to use of the shoes.
Just started using the app so far I really like it
GIVE the people what they really want. The quiche recipe! You're half way to the kitchen any ways.
C'mon, don't be a click-bait 'I'm gonna tell you the secret sauce' and then not tell us. Give the woman your quiche recipe! 🤣
@traceytheisen8067 😂
LMAO
She got him mixed up with ADHDave.
Hey Justin, been watching for a bit but I had 2 questions
Are there any categories you know are money makers, but you avoid because your knowledge isn't there or it doesn't appeal to you?
What kind of backgrounds do you think are best product photography. I've wood grain backgrounds, white, off-white, In a living room, on a table, etc. I've seen some arguments that say that there is an inverse of taking more professional photos making your items feel less "authentic".
I'd love to hear your opinions. Thank you!
If you are collecting regular social security benefits, as retired, there is an income limit on how much you can make before your monthly SS is reduced. If you are collecting other types of Social Security, your value of assets are limited. SS administration has been sending bills for pay back to some people that have been "overpaid" and reducing payments until amounts are paid back. If you are collecting any govt benefits, be advised that your income is limited.
Only if you retire before your full retirement age
Hey Justin, finally signed up for Flipwise, need to add some info, but excited to see what my numbers are!
thank you for your support!
I have a question concerning creating coupons on eBay. I wanted to create a 20% off of 3 or more items. I was advised on a search engine when asking this question that this was risky due to cutting into profits. Obviously offering any discount is cutting into profits.
What is your perspective?
Thanks very much.
Hey Justin, I have been using Flipwise for a few months now and it’s easily the best eBay companion I’ve found to keep track of sales and expenses. I do have a question for when it comes to tax time and using Flipwise. While I input all expenses into Flipwise I was wondering if you also keep every physical receipt from your thrifting? I have been keeping mine in and it’s become quite the pile. Also, thanks for sharing all your knowledge! I have put a lot of it into practice and am seeing the profits!
Glad you're liking Flipwise! I don't keep receipts personally, but some do and it is probably a good idea if you were to ever get audited.
@@justinresells thanks! I’ll probably keep them for now until I’m more comfortable, but good to know they aren’t necessary as I know I’ve lost a few.
I've noticed some of the most 'successful' (i.e. Big) eBayers are currently out of business or having to drastically downsize their operations and/or assets. I'm not in it to get rich quick or live high on the hog. I just want sustainability with steady growth. Fortunately for me I don't have a family to support because mine are all grown and doing their own thing.
Do you just not sell candles at all in the summer?
Question; I know that you promote at 2% all of your items and that you continually list new items daily to keep your store stocked, but do you have a markdown or sale schedule that you follow for older inventory or do you end/relist with price drops for old inventory or do you just leave it be and wait for it to sell? I have a small store and want a lsrger store, I am just afraid of items sitting around for 2 years.