Should you sell on Amazon, too?
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- เผยแพร่เมื่อ 5 มิ.ย. 2024
- You can check out Flipwise here: flipwise.app
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Questions:
0:18 Do I have to use buyer selected shipping service?
1:31 How often do you have a day where you don't sell anything?
2:43 Are there apps that tell you the value of items?
3:43 Do you ever use the eBay suggested price when listing?
4:34 Do you use Worthpoint?
5:21 How many items do you have listed?
6:17 Does eBay favor items with best offers turned on in search?
8:13 Do you require immediate payment?
9:58 How long have you been selling on eBay?
10:15 Do you set office hours?
10:57 How do drop shippers make money?
13:05 Do you sell on Amazon?
15:47 Corrections
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You can also find me on Instagram here: / justinresells.yt
Some of the links above contain affiliate codes, which means I may get a cut if you decide to make a purchase. And Flipwise is an app that I co-founded. Thank you for your support! - แนวปฏิบัติและการใช้ชีวิต
I sold on Amazon for a short time. The first return I had they paid the customer out of my money. Never gave me the item back, never told me why it was returned and had no accounting to go with it. Took my stuff back and sold on eBay ever since.
Ebay algorithm don't matter to me. List good stuff have a good description and pictures and fair price you will sell stuff.
Couldn't have said it better myself!
Agreed it’s what has worked for me for the past 9 months
Regarding bundle buying, I believe that buyers can add items to their cart and then purchase as a bundle so it doesn’t matter if you have immediate payment enabled. Love your content.
Correct
I also sold Amazon FBA for a few years but have been done with Amazon since around 2014 and much prefer eBay.
It’s always good to see you - once, twice, even three times!
You can bundle sales with immediate payment by having buyers add the items to their cart and then check out that way. In order to offer shipping discounts for multiple items just have to make sure you set up your shipping preferences to offer discounts on shipping for multiple purchases ( ie $1 more in shipping for each additional item) you then need to make sure you have that shipping rule selected on each listing you want it used for.
There are certain categories of books that are difficult to get ungated in, like textbooks, national geographic, and a bunch of different brands that require manufacturer receipts.
This is more and more frequent now. With Amazon you have to be very careful to make sure you can actually sell the item before purchasing it. Also store receipts do not work anymore and they want them to be directly from manufacturer/distributor. Then there is also the chance that even if you are able to sell an item, the manufacturer can send you threatening letters telling you to stop selling the product. A lot of headaches with Amazon.
There’s another reason why a seller may drop ship something. It could be something that they had in stock, but they’re unable to find it. Sometimes buying it from another seller, even if you have to pay more, is better than getting the ding on your defective rate
great point!
Hey Justin! love your channel, your advice is always clear and easy to understand. Wish you the best. Quick question: did you ever consider going full time? do you think it is a good idea? love to hear your thoughts
Great content. I'm just getting started at reselling, and have watched many of your videos. I appreciate that your messages are concise and provide valuable information with minimal fluff. Regarding metrics, can you share more of what your typical targets or thresholds are for on-going metrics like ROI, margin % and $, etc.? I'm just starting with Flipwise (very nice job with this software) and don't have enough data to draw trends yet, but like to set goals and would like to get an understanding of realistic ranges for things. And for the benefit of others, I'd like to echo your sentiments about being proactive to list consistently. That's a great leading metric, whereas ROI, margin, and number of sales are lagging metrics. I find it's important to keep those in the right perspective. Thanks again.
Thanks!
helpful video...thank you
Thank you. 😊
It's a lot of work to build up a consistently viable Amazon seller account. It took me a year of hard work to get a reliable monthly income. I like it now but do not recommend it to Ebay sellers.
It's great for items you might not be comfortable buying on Ebay. For example, I've had success selling: replacement chainsaw blades, homeopathic children's medication, recessed lighting kits, and ceiling fan blades.
If I personally needed any of those items, I wouldn't feel comfortable buying them on Ebay. In fact, I would be inclined to spend slightly more for "perceived" new and accurately represented products direct from Amazon warehouse.
Even though many of the items I buy from Amazon warehouses come from other small sellers on Amazon like myself.
Well done!
QUESTION: What is a fair profit split in your opinion? As friends learn that I sell stuff on eBay, they will ask if they can give me some of their stuff, I sell it on eBay, and we split the profit. I have done this several times but am always on the fence about what a fair profit split would be since I am doing all of the work (researching, photographing, listing, and shipping). Have you ever encountered this scenario yourself? What would be a fair split be in your opinion? Or is this kind of arrangement not a fruitful use of time/money? I'm open to new ways of approaching the idea.
Thanks as always - your videos are so helpful!
I use Amazon for DVDs mostly, but ebay for everything else. Some decent side money every month just quickly scanning sealed discs at each thrift.
Absolutely! I quickly scan every sealed DVD/CD for Amazon then take a few extra minutes to look for rare or unusual used media for Ebay.
Can you scan using your phone and their app, or do you have to pay for another service to scan stuff?
Justin awesome video I sell some clothing on eBay I wash all the clothing that I buy regardless but I didn’t know you needed to state it good too known thank you
For me amazon is king. I get higher value for my new items and they sell so much faster but both have their place for sure
Hi Justin, Thank you so much for your videos, wisdom, and transparency- SO VERY APPRECIATED! My question is do you have your own business insurance as an eBay seller, or does eBay provide any insurance protection for sellers? Have you ever had an issue or heard of any horror stories from other sellers? Thanks for all you do!!!!!
I have never put a statement that the clothing has been washed. I never new it was in the guidelines. I wash most things. If some are clean and smell clean I dont bother.
For next time... what do you think about having a backup account, in case Ebay suspends you for some reason out of the blue? Do you keep a backup account? I have one account at work and one at home and keep them separate, so I always have one to lean on, after a nightmare situation I went through with the Ebay bots and unhelpful overseas customer service years ago.
What do you think about OfferUp
Hey Justin!! My son and I watch your videos every week and has helped us so much! From your experience do you think the time when you list things matter? I’m a night owl so I post a lot around midnight…should I wait to post until a certain window of time? Thank you!
Not Justin, but I can tell you my perspective. It only matters if you list your items as auctions, because you want people to be awake and bidding when the auction is about to end. If you list it as Buy It Now, it doesn't matter what time it gets listed or when it ends. It will be automatically renewed every 30 days anyway. I'm a night owl and often list my stuff in the wee hours after midnight.
Same here..I seldom do auctions but that makes sense. I list my 5 everyday before midnight so they still count as everyday
Hey Just Like your videos!...straight to the point! BUT I do have a question; It seems as though there are tons of Ebay re-sellers on youtube. With your honesty, I was wondering if you will show what you make per month doing TH-cam videos?
Which Makes More Money: eBay or TH-cam?
th-cam.com/video/orZUbJkCPew/w-d-xo.html
Hi Justin, I think one question meant to say how much stock do you have listed vs how much do u have unlisted* "u listed"....i know my ratio for this question is a most serious problem of mine...trying to get better organized amd am currently enjoyimg your simple tip of the banker boxes on the shelves rather than just stacking it up all together as loose items which i was somewhat doing...you da man! And your Flannel game is strong! Thanks for your insights
Oh that makes sense, thanks for clarifying that. I typically don't keep a sizable collection of unlisted inventory. Currently it is zero!
That's church on the bankers boxes..I was using Big Totes and had to take everything out to find stuff Everytime I made a sale..took forever and a waste of precious time. Banker boxes b quick and easy!
You're an inspiration. I think my ADHD has lead me to a mountain of unlisted inventory that I need to ascend much more aggressively. Guess better just start w the best stuff first.
How soon can we expect the "batch" upgrade to Flipwise? I Buy a lot of games in bulk and it would be great to track them by the LOT instead of individual items.
Hey Justin I’m only get one sale a day how do I get more
Items that require immediate payment can be bundled by adding the items to the cart but you can't request combined shipping for those items.
thanks for the clarification!
Do we may sell used laptops on Amazon? Or related items
in regards to best offer listings being bumped to the top. My thoughts are that best offer listings don't get any priority for two reasons. 1. The "hack" would be to put best offer on everything and set the best offer minimum price as close to your asking price as ebay allows (then just refuse any offer anyway). 2. If best offer listings were promoted, then that would take away from promoted listings. Ebay makes BANK off of that. Why would they add conflicting but similar ways to "get to the top"?
you’re right. there is no one variable that gets you to the top aside from promoting
Hey Justin, does flipwise have the ability to track unlisted inventory? If so, can you show how that works? Thanks!
not yet, but we are working on that right now :)
If i have 5 items that are the same should i list them all in one listing or 5 individually listings doing 1 per day?
Thanks for addressing my question, Justin! Another one: do I have to be paying for an eBay Store to utilize Terapeak?
I think you do but it doesn’t matter the level of store you have :)
@@TarasSimpleCrochetI don’t have a store and use the Research tab in the Seller Hub (Terapeak) all the time. It’s been a game changer in my part time selling. I don’t want to be big, and my item count for for the month rarely exceeds 250. Quarter 4 is the exception. As an everything seller with a strong prevalences towards vintage (lots of vintage Christmas) I am willing to pay the per item listing fee to get those items active when the most eyeballs will see them.
? Do you know why eBay lets you send offers when someone simply views an item versus when they watch it? I seem to get the send offer option when there are no watchers.
I sold on Amazon during Covid. I hated it. The prices were great but the fees were atrocious. The same stuff was selling on Ebay and made about the same amount of money. Amazon is not for the faint of heart.
When buying clothes, do you ever refrain from certain sizes? (Such as XS or 3XL+)
I passed on an awesome vintage UNC Tar Heels starter Jacket for $15 that sells for $80+ because it was 4XL and worried the market of a specific college football team and a rare size would be pretty small
I sell clothing and love when I find XL, 2XL, 3XL and above. One of my best sales was a 6XL hoodie. And not to seem mean but look at the average person out there. We’re all getting bigger and bigger.
When it comes to refunds, alot of sellers offer free returns. Does that mean you refund the original selling price and the original shipping as well or are you just refunding the item only?
Regarding washing clothing, I'm a new reseller and recently bought a pair of Levi's for reselling from a thrift store. The jeans had a very strong floral scent, which I guess is perhaps something the store sprayed on them? The flowery odor has persisted, even though I washed them. Any ideas on how to get rid of the smell, beyond washing them repeatedly?
I would try a wash in oxy clean and then a rinse with Lysol laundry sanitizer
@@mara6699 Thanks, I'll try that. I'm still not sure if the thrift shop sprayed something on them, or they came to the store that way. But it sure stinks!
Add white vinegar to the rinse. It works as a natural fabric softener and helps remove odors and the residue of previous laundry products. Then hang the item outside to dry in the fresh air. Depending on how much fabric softener the previous person used, it may take multiple washes to get the stench out.
Um - I haven’t been able to sell any books I’ve found that would be profitable to sell on Amazon - I can’t get undated to sell them.
Do you leave feedback for a buyer after they pay or after the thirty day return window is over? I had been leaving it after they pay, but then I think I just got scammed by a buyer.
I only leave feedback for buyers AFTER they have left positive feedback for me. There's no one 'right' way as many other sellers handle it differently, but I don't feel comfortable giving feedback for simply paying. I don't think you can change feedback once left, and so if a buyer turns out to be a real pain, I'd regret the positive remark.
I have the setting turned on to leave feedback once they left me feedback. You can pre-save a handful of messages it will pull from.
Can you please do a video on organizing your store? I also sell whatever I can find (except clothing) and the only store category I have right now is "other."
Also, do you advertise your items on other platforms like Pinterest, Instagram, or Facebook?
When using Flipwise, how do you enter the Buying Cost of an item that you bought in a lot? I recently bought a lot of sealed Lego sets and some are clearly more valuable than others. Should I just divide the total cost of the lot by the number of items, regardless of their individual value?
You can do that, or you can price things weighted based on their value. Flipwise will handle whichever you choose. I personally just split things evenly.
Question about becoming a top-rated seller: my dashboard says that if i we're rated today, I'd be a top rated seller. Its said that for years, but I'm still just "above average." What am I missing? Is there an application? I can't find info on ebay's site. Thanks!
Everyone seems concerned about SEO and the ebay algorithm but as long as your item is showing up somewhere in the search results, isn't that (mostly) all that really matters?
Aren't most buyers going to re-sort the search results by "lowest price" or "ending soonest" anyway?
I agree with the way you're looking at it (prioritizing your item showing up in search results related to that item).
I've noticed that my items will often sell even when priced on the higher end of similar items. Price is only one factor. Pictures, condition, quality, listing title... There are so many things that go into SEO that I find my time is better spent focusing on the basics: Source and list more in demand items and let eBay figure out the rest.
I think the bundling is happening because they’ve added them to their cart and checked out at the same time.
Regarding carriers. I have found that FedEx started adding shipping fees after several weeks, revising the size and weight. Now, UPS is beginning the same.
I think they are increasing their audits, almost all done by machine. I found a big spot to be careful is the one cubic foot area, for instance, a 12 x 12 x 12 box. If the carrier increases dimension by one inch, it throws you out of the small box category and increases the weight. This will double the price. This is one example; there are many more, which makes figuring out hard shipping costs much more complicated.
I have found worthpoint which I subscribed to is not very good. Bought to cancel.
Hi, I changed banks + not only did my ‘watchers’ disappear, but it’s been 2 wks w/no sales. Is that a thing or crazy coincidence? U’re a YT’ber that I look forward to viewing. Ty :)
Sorry Justin, this has to be said clearly and forcefully. On eBay, a seller has to select a shipping service. If a seller offers one service, and then downgrades the shipping to earn extra profit, that's the kind of thing that gives ALL sellers, not just the one doing it, a bad rap. If someone wants to ship the most economical way, then learn what that is and offer that up front. If someone can't do that, then they should STOP SELLING!
Say what you do, do what you say.
I agree. Amazon is getting VERY expensive and controlled!!!!