This is a very heavy episode, you may have to watch a few times through. Thank you for checking out this weeks podcast, I really appreciate everybody! www.patreon.com/resellergreatnesspodcast If you want to learn about Reselling the right way, please check out my Reseller Community. - 30+ Live Coaching Calls in every niche weekly - Everything is recorded for replay - No drama community - 24 Hour Live Co-Worker Room - Access to the most comprehensive database for reselling on the internet. - Everybody moving forward in a positive productive direction -Goals & Accountability www.patreon.com/resellergreatnesspodcast
I was a commercial lender for 12 years and have a bachelors in business. This literally made my heart so happy. It is so scary how many business people don’t get the concept or are constantly shooting from the hip. You also explained this so much better than any other way I have heard. No lie 😂
I am such an undisciplined seller, I have used it to live at poverty level. But I am a great seller who has great reviews and puts 100% in to what little I do. Listening to you has created in me a desire use my whole potential. I have started sourcing very differently since I have listened to half a dozen of your videos, and I am almost (almost) to the place where I list what I bring home right then. The death pile is over half gone, mostly donated, because I'm seeing a bigger picture. You have admirable discipline and I want to be you when I grow up. Commencing now.
I feel like i won the actual lottery for finding you and this group! Im only on my 8th week but from month 1 to month 2, my traffic and sales are up over 300%. Now i know SOME if that might have happened organically but you cut the learning curve down by about 15 years lol Forever grateful!
Thank you Professor Tech! I have an MBA in Finance and have been through many trainings in my career. This is the best number's related video I have ever seen! Anyone at any level can take away information from this video. You give it away for free! Amazing! Very inspiring! I am glad I joined your group to continue to learn about Ebay!
This is the best video on TH-cam. Get your notebook out and the remote to pause and to rewind. This exercise will show you the real deal, even if you don't want to see it. Thank you Tech
I’ve been reselling for fun for about 5yrs now. I recently got laid off and desperately do NOT want to go back to the corporate world. I’m going to make a go of reselling and your videos are inspiring and make me feel like I can do it! 🙏❤️
Tech, thank you for this video! Iv been spinning my wheels for the past few years trying to get my eBay business off the ground. Iv watched this video a few times and now I see where Iv been going wrong. It’s time to correct course and start a new. Thank you!
Hi Tech! I have to come back here to say Thank you for saying this line “Don’t wait to list. List and wait”. I’m not sure if this was the video that you said that in or the ones after but that line made a residence in my head. I have one main job and two side hustles and reselling is one of them. I source 3-4x a week and find a lot of inventory but I’ve been falling behind on listing and not listing fast enough. But I buckled down and started listing between 3-12 items a day and things been selling and I’ve gotten a lot more traffic in my store. I’m not complaining about lack of sales. I’m a humble seller and pretty happy with the extra money I make. My goal these next months and this month is to make 1k/month! Yay!
Hi Tech, I could not end my night without sending you a comment on this video. The amount of people you are helping is amazing! I am always very grateful when I watch you and I couldn’t go to sleep until I sent you a huge Thank you! 😊
I've rewatched this multiple times because unfortunately I'm that guy that needs to hear it multiple times for it to sink in. I've been reselling for about a year now as a side gig. Hoping to turn it into a full-time thing after my military service is up. I started off way wrong and have spent money out of pocket and very much over sourced. I think I've started to get a good handle on what to buy and what to leave. But now I need to stop all of the buying and pay my penance for the stupid things I've done to get this started. I'm in that place right now where nobody in my life believes I can make this happen and my wife in particular is very unhappy with the personal money spent. This will be a lonely road but your videos and others like you help keep me pushing forward. I will continue to do the best that I can until I know better and then I will do better. Thank you for all that you do Tech.
THIS!!!! If you haven't joined the group yet, THIS is MORE than worth a year's membership. 2024 will be a reboot year for my p/t eBay business and I look forward to being consistent and getting GREAT results! Thanks, Tech!
The group has been monumental to my development. Im still learning. The beginner calls. The coaches. Everyone is working towards helping us be better at ebay. Respect 👊 Thank you. 🙏
Third time to watch, first time to make the algo happy. Mistakes are becoming less frequent and costly. Thanks Tech for sharing your knowledge and time so freely for the success of others.
Im only half way through and Im pumped up! You have me believing this can really be done and be done well. Im very excited! Thank you so much for all you do...I truly appreciate you!!
I am still binge watching your videos, so sorry my comments are so late since you made the videos. This was a GREAT one, I will be coming back to this one a few more times. I liked the visuals on the whiteboard, it really helps me process what my goals need to be
I shared this video with a new reseller I met today told him all about what I Learned from you guys hopefully he will join your group. I'm re-watching this video again as well great stufff🎉🎉
Hey Tech, this is Harry from The Spot! Met in November on my first visit to your store, with full court there too. You guys were talking about doing that Tampa video at the time. Was a very cool/memorable moment. Love what you do for the community man. Still stoked to be the first to mention the YT channel to you in person. Those BOLO vids are unmatched and I really enjoy running the long-form vids in the background while working. Appreciate you dude.
Yeah! I remember you! Great to hear from you. I hope everything is going well with you and business is good. If you are in the area again and swing by let me know and I'll be sure they take care of you like always! Thank you for checking out the video I hope you enjoyed it and found it helpful.
Thank you so much for this class lesson! Love getting my education this early morning! It’s easy to get caught up in sourcing so much that people forget to put the profit in savings rather than investing all the profit into more inventory then go under quickly.
I am in the "buying stuff that takes too long to sell" group. I've started working on that recently and have been leaving stuff behind that I would have purchased in the past.
That's a great first step. Sell through is king. Study up on the brands, study up on the nuance, the keywords, price points that turn 6+ month sell through items into items that have a chance of selling today
Thank you again for another great video. I have been running my eBay business for 4 years and full time for 2 years. Since I live in a very small village in Germany, my business model is online arbitrage with only new goods. My problem has always been that when I find a very good deal, I immediately buy a large number of items, as I also completely buy up many price error deals. It takes a correspondingly long time until I get the capital I invested back. I definitely have to be a little more careful here in the future, otherwise I'll soon be broke. In fact, from the end of January this year, I'm starting a 3.5 year part-time training course, 2 evenings a week, as a state-certified business economist. - completely free here in Germany. I look forward to more exciting videos and inspiration from you. Best regards and stay healthy
Thank you so much for this Tech. I definitely will have to watch this again. My problem is that I am inventory rich, and your right I can't pay my bills with inventory. Everything that came in i spent on sourcing more items.I am changing that now. Such a valuable lesson. Stay blessed 🙏
GOAT Off the back challenge!! LOVE it. I tried once driving down the street here .. Vintage Chief Wahoo Starter. SICK He said he could sell it it was his roomates.. I dropped the ball .. should have gave him my number. Live and learn Keep these videos coming . We live learninging from you bro 🐐
This is great content to watch you can't get enof of practicing the fundamentals alot of things in my machine that need improvement like "shooting free throws on sunday" I'll be watching this one a bunch THANKS!!!
man, if this video existed 10 years ago I would already be a millionaire. Finally grasped the concept this year and neve been more excited about my business!
That deep dive document is epic! I’ve heard it mentioned in other vids but this is my first time getting to see it. How do I access the doc? Also I’d love to contribute to the group any way I can
Thanks Tech! You are always spot on 👏 Sourcing willy nilly and buying stuff you like or that is only $1 is fun……having the discipline to research and check sell thru to make good decisions when you source - now that’s work …….but as you always say “it’s a beautiful thing” to get to do this type of “work” 👖 👚 👠 🛍️
I'm in extreme grow mode but only for a few months. My average net is 15. Average cost is about 3. I'm banking about 2 bucks per item so still profitable. But the rest is put back in. Once I reach my desired inventory level I'll bank more. It's a small store I do part time
Thank you so much for helping us all! This is another great video! I feel like I've been doing this all wrong. I found my niche but now i need to find the 10 items a day/i need to figure out what shoes/and a separate bank account. Ill be watching this again! 🎉
Holy information batman. This episode makes me want to cry. Because I started out in storage unit auctions. 20% of them are good......80% are hell. I had some really good items but it drained me a little. I was broke and couldn't figure out why. (Inventory poor) I started watching people flip on yt. Ultimately I came across tech. I sell good items (3 out of 4 I'd guess) and still I'm not saving big. I get amped and buy buy buy. Things I buy pile on storage unit items. I need to keep taking a bite of that elephant. One bite at a time. Tonight I'm getting my photo area for clothing done. I bet I've got 300 items to list just for that. Tech thank you sir.
Music to my ears, you can revisit as often as possible, thank you for checking out the video. Check out the others, lots of helpful information everywhere
I feel like im doing pretty well (i hope) i started a month ago (part time i work at ups full time) and i have listed 100 items my first month and have sold 24 of them for $1k. Hopefully i can keep it up!
Ok.....tech I'm so sorry but I'm struggling. If your item sells for 29, and your profit is $20.-- don't you then subtract $5 for your cost of goods? It looks like your adding your COG as profit?
Hey don't be sorry, thank you for the question. You buy an item for $5. You took your $5 and exchanged it for an item. Sell an item for $29 Fees are $3 You have $26 left. You spent $5 on your item Your PROFIT is $21 on the item. But you got back $26 dollars.
This is so awesome Coach. I have been doing this, but I was unable to explain it. I feel like the luckiest person in the world for stumbling into the group at the beginning of my journey.
Patreon account has to be active for 3 months before they allow for annual memberships, so starting February 4th we should be unlocked for annual at a pretty nice discount as well.
Hello I have been watching lots of your videos and have listened to your podcast for quite awhile. I very much appreciate you helping the rest of us learn how to be successful. This video is incredible but it hurts my little brain trying to truly grasp it.. lol I’m going to watch it over and over until the lightbulb goes off. lol Here are my questions. I’m going to use the $20 return as my model going forward. For items that I’ve sold that didn’t make the $20 profit, can I still use my initial cost of goods to roll over towards a new product? On the other side of the coin, if an item sells for over my $20 goal, ( say my return was $37) do I use the $17 to purchase more items, as long as I put $20 in the bank? I know this is rambling and I apologize, but that’s what isn’t completely clear for me as of now. Thank you again. You are appreciated.
You can but you need to sell more than 1 item to drop moeny in all the buckets we mentioned at the amount we mentioned If you sell one for more profit, then you put more money into the buckets.
Hi Tecb Great video! This is all relevant to have those items you purchase for $5 sell in a short period of time. Besides this could you do ro maybe you have how to get these items to sell to get the rolling savings affect in your bank account as you are explaining in the video. A person can add item, but if they do not sell, that person is going to have a problem making money.
TechnSports!! You crush. Communication loud and clear and unwavering since I’ve been following. Thanks for your service and dedication! The time is now 2024!
Yesterday found 400 dollars worth of stuff from one store today didnt find one thing to sell but being consistent is key.Thanks again for so much info,keep em coming 💪
Oh man. This was a great video. Watching your videos and I’m so grateful. I’m only 2 months in and I’ve been doing it wrong (spending all my weekly income back on product vs only spending my initial investment plus one and saving the rest) I’ve been wondering when the time comes to start saving…I thought I had to build up my sales to 10 a day before I could start saving (which seems like a lifetime away ha). I definitely need to join the group. I don’t have an eBay store yet…just have been listing under my eBay profile. Can I join if I don’t have an eBay store yet? Thanks Tech for your content and knowledge (and thanks Carrie for your content which led me to Tech 😊)
I wasn’t able to join your new group last year, so I just wanted to thank you for sharing your invaluable knowledge via TH-cam. In 2024 I’m working diligently to course-correct and turn my struggle store into a success story. 🙏🏻💪🏻
I know this video is old but I’m just getting started is inventory an important part of this like have as many profitable items as possible? And then is it mostly about average cost vs profit idek if that makes sense but hopefully I can get an answer because I go to the bins every single day and have an average cost of 1.6$ an item but not sure if I should just keep posting as much as possible and expecting offers as they come
If you are posting items that are not good then don't post them. If you are posting great items then post as many as you can without increasing your defects, destroying your metrics and increasing your returns and breaking your business
So much knowledge is dropped here! This is the Christmas present that is like Willi Wonka's Never Ending Gobstopper! Thanks so much Tech for your time and effort, I hope you realize just how much you are appreciated ❤🔥👩🌾
Been on the sidelines in the last year watching and learning. Tech wins hands down to learn from. Joining today. Time to do this full time and give it my all.
High as possible for most people. There is no answer to this as everybody has a different business model. Some people 1 year sell through, some people 90 days, some people 1 month
Wow! It was like watching a Tony Robinson,Zig Ziglar Seminar. Your Awesome! I just started a month ago I sell Appliance parts I have about 40 items and it's increasing with 3 to 4 sales a day. It's because of you.i didn't throw in the Towel. Thank you so much for paving the way 15yrs ago
Hey Tech, I just added my reselling YT channel..brand new. In your patreon…on one of your videos here …I think you may have mentioned you have a TH-cam call? If so, what does that call go over exactly ? How could this help someone? Thank you for your time ,I appreciate it. 🌞
The TH-cam call is on Thursdays at 4 PM EST. It's hosted by Mel @backfromburnout & James @Boldfinds. There are tons of replays in the doc. It helps with social media, building a following and how you can sell your items via social media. Definitely check the replays. Here's the doc with all the replays: docs.google.com/document/d/1ES87i4ybJzBsrwsdNFogJomoKxfy0X1lETAYjDdinwE/edit?tab=t.0
There’s a certain TH-cam reseller who recently started trying to make money off of your concept, but they are trying to pass it off as their own idea. They have repeatedly said that they created it, but as soon as I heard them talking about it I knew they were ripping off your stuff.
That's how it goes. Good amount of them out there. They were in the group in the past, some of them have been removed from the group, etc. Can't bamboozle people forever. You need results too, not declining 90 day totals.
Awesome video! I joined the group in November. Since then my Average Sale Price has increased some, my sell through has increased and I am learning to buy better items. Thanks so much tech and all the coaches!
This is a very heavy episode, you may have to watch a few times through.
Thank you for checking out this weeks podcast, I really appreciate everybody!
www.patreon.com/resellergreatnesspodcast
If you want to learn about Reselling the right way, please check out my Reseller Community.
- 30+ Live Coaching Calls in every niche weekly
- Everything is recorded for replay
- No drama community
- 24 Hour Live Co-Worker Room
- Access to the most comprehensive database for reselling on the internet.
- Everybody moving forward in a positive productive direction
-Goals & Accountability
www.patreon.com/resellergreatnesspodcast
My Boyyyyyyy , Pulled Out the White Board On Emmm lolololol Love it , Professor Tech
I was a commercial lender for 12 years and have a bachelors in business. This literally made my heart so happy. It is so scary how many business people don’t get the concept or are constantly shooting from the hip. You also explained this so much better than any other way I have heard. No lie 😂
Mission accomplished right there!
I am such an undisciplined seller, I have used it to live at poverty level. But I am a great seller who has great reviews and puts 100% in to what little I do. Listening to you has created in me a desire use my whole potential. I have started sourcing very differently since I have listened to half a dozen of your videos, and I am almost (almost) to the place where I list what I bring home right then. The death pile is over half gone, mostly donated, because I'm seeing a bigger picture. You have admirable discipline and I want to be you when I grow up. Commencing now.
So glad to hear that! Check out the other videos, there is a lot of helpful info in each! Continued success!
I can so relate. I KNOW i can do better. I hope to change. ❤️
I feel like i won the actual lottery for finding you and this group! Im only on my 8th week but from month 1 to month 2, my traffic and sales are up over 300%. Now i know SOME if that might have happened organically but you cut the learning curve down by about 15 years lol Forever grateful!
You're crushing it. congratulations! Wahoo!!!
Thank you Professor Tech! I have an MBA in Finance and have been through many trainings in my career. This is the best number's related video I have ever seen! Anyone at any level can take away information from this video. You give it away for free! Amazing! Very inspiring! I am glad I joined your group to continue to learn about Ebay!
Thank you for the kind words! I appreciate you checking out the video & hope it's helpful!
This is the best video on TH-cam. Get your notebook out and the remote to pause and to rewind. This exercise will show you the real deal, even if you don't want to see it. Thank you Tech
Appreciate that!
I’ve been reselling for fun for about 5yrs now. I recently got laid off and desperately do NOT want to go back to the corporate world. I’m going to make a go of reselling and your videos are inspiring and make me feel like I can do it! 🙏❤️
You can do it Robyn! If you need anything don't hesitate!
Tech, thank you for this video! Iv been spinning my wheels for the past few years trying to get my eBay business off the ground.
Iv watched this video a few times and now I see where Iv been going wrong. It’s time to correct course and start a new. Thank you!
Really glad to hear this helped! I wish you success!
Hi Tech! I have to come back here to say Thank you for saying this line “Don’t wait to list. List and wait”. I’m not sure if this was the video that you said that in or the ones after but that line made a residence in my head. I have one main job and two side hustles and reselling is one of them. I source 3-4x a week and find a lot of inventory but I’ve been falling behind on listing and not listing fast enough. But I buckled down and started listing between 3-12 items a day and things been selling and I’ve gotten a lot more traffic in my store. I’m not complaining about lack of sales. I’m a humble seller and pretty happy with the extra money I make. My goal these next months and this month is to make 1k/month! Yay!
Very glad to hear! Got to list if we want to sell. Thanks for circling back Vivi! I appreciate that!
You are the best teacher ever. Everything you do is expert advice and in laymens terms. Thats talent. Im joining soon. x
I appreciate the kind words Jasmin! I hope the video is helpful
Often imitated, never duplicated .. the only 🐎 il ever bet on . Great job
Appreciate that Alex!
Hi Tech,
I could not end my night without sending you a comment on this video. The amount of people you are helping is amazing! I am always very grateful when I watch you and I couldn’t go to sleep until I sent you a huge Thank you! 😊
My pleasure. Happy to do it!
I've rewatched this multiple times because unfortunately I'm that guy that needs to hear it multiple times for it to sink in. I've been reselling for about a year now as a side gig. Hoping to turn it into a full-time thing after my military service is up. I started off way wrong and have spent money out of pocket and very much over sourced. I think I've started to get a good handle on what to buy and what to leave. But now I need to stop all of the buying and pay my penance for the stupid things I've done to get this started. I'm in that place right now where nobody in my life believes I can make this happen and my wife in particular is very unhappy with the personal money spent. This will be a lonely road but your videos and others like you help keep me pushing forward. I will continue to do the best that I can until I know better and then I will do better. Thank you for all that you do Tech.
Happy to help, keep pushing forward my man
I'm a beginner. I have been pretty discouraged. Watching you in this video has helped me get the excitement and faith back. Thank you so much.
It's a marathon not a sprint
THIS!!!! If you haven't joined the group yet, THIS is MORE than worth a year's membership. 2024 will be a reboot year for my p/t eBay business and I look forward to being consistent and getting GREAT results! Thanks, Tech!
Appreciate you checking out the video Debbie!
100%!
The group has been monumental to my development. Im still learning. The beginner calls. The coaches. Everyone is working towards helping us be better at ebay. Respect 👊 Thank you. 🙏
So glad to hear that! Thank you for being a valued member and as always feel free to ask any questions we are happy to answer all
Third time to watch, first time to make the algo happy. Mistakes are becoming less frequent and costly. Thanks Tech for sharing your knowledge and time so freely for the success of others.
That's great to hear!! Keep up the good work Constance!!
Tech this is a must see video for beginners or Veteran sellers on ebay. Watching this over and over again. Thank you for being here for us!
My pleasure! Hopefully it is helpful to many of people. Thank you for checking out the video!!
Thank You Tech! I'm still only a little fish but you explained everything perfectly. Best part was by what amount you need to grow your store😊
Awesome!
Im only half way through and Im pumped up! You have me believing this can really be done and be done well. Im very excited! Thank you so much for all you do...I truly appreciate you!!
You can do this. Thank you for checking out the video!
I am still binge watching your videos, so sorry my comments are so late since you made the videos. This was a GREAT one, I will be coming back to this one a few more times. I liked the visuals on the whiteboard, it really helps me process what my goals need to be
Thanks Dee. Hope this one is helpful!
This is my favorite video by you so far, this was like a recipe for success, it had all the herbs and spices!
Thanks Steve! Hope it's helpful
I shared this video with a new reseller I met today told him all about what I Learned from you guys hopefully he will join your group.
I'm re-watching this video again as well great stufff🎉🎉
Appreciate you Seth
Every single reseller or anyone who is starting their own business needs to watch this. extremely helpful.
Please share with those who you think it may be helpful to! Let's help as many people as possible
Absolutely Best in the Business!!!! Wealth of knowledge has helped me build a great business.
Let's go! Mission accomplished!
Wowsers! What a blessing you are to share your knowledge!
Hope it was helpful! Thank you for checking out the video!!
This is good!! I will watch a few times.. such great info. Thank you1!
Thanks Jennie, glad it was helpful!!
Thanks for really breaking things down, Tech, it helps tremendously! 🥰
My pleasure!
I really needed this when I started years ago. Thank you!🙏
Thanks for watching!! Hope it was helpful!
Hey Tech, this is Harry from The Spot! Met in November on my first visit to your store, with full court there too. You guys were talking about doing that Tampa video at the time. Was a very cool/memorable moment.
Love what you do for the community man. Still stoked to be the first to mention the YT channel to you in person. Those BOLO vids are unmatched and I really enjoy running the long-form vids in the background while working. Appreciate you dude.
Yeah! I remember you! Great to hear from you. I hope everything is going well with you and business is good. If you are in the area again and swing by let me know and I'll be sure they take care of you like always! Thank you for checking out the video I hope you enjoyed it and found it helpful.
Thank you so much for this class lesson! Love getting my education this early morning! It’s easy to get caught up in sourcing so much that people forget to put the profit in savings rather than investing all the profit into more inventory then go under quickly.
Yeah we have to actually make money and have something to show for what we are doing. Thank you for checking out the video vivi!
No punches pulled, needed that. Thank you
Appreciate you checking out the video!! Thanks so much!!
I am in the "buying stuff that takes too long to sell" group. I've started working on that recently and have been leaving stuff behind that I would have purchased in the past.
That's a great first step. Sell through is king. Study up on the brands, study up on the nuance, the keywords, price points that turn 6+ month sell through items into items that have a chance of selling today
Thank you again for another great video.
I have been running my eBay business for 4 years and full time for 2 years.
Since I live in a very small village in Germany, my business model is online arbitrage with only new goods.
My problem has always been that when I find a very good deal, I immediately buy a large number of items, as I also completely buy up many price error deals.
It takes a correspondingly long time until I get the capital I invested back.
I definitely have to be a little more careful here in the future, otherwise I'll soon be broke.
In fact, from the end of January this year, I'm starting a 3.5 year part-time training course, 2 evenings a week, as a state-certified business economist. - completely free here in Germany.
I look forward to more exciting videos and inspiration from you.
Best regards and stay healthy
Great job on taking that course, it'll help so much!
Busting out the white board! Old School but maybe this time we will all get it! Great video! This info saved my business!
Hopefully one person will get it.
Thank you so much for this Tech. I definitely will have to watch this again. My problem is that I am inventory rich, and your right I can't pay my bills with inventory. Everything that came in i spent on sourcing more items.I am changing that now. Such a valuable lesson. Stay blessed 🙏
Thank you for checking out the video I hope you enjoyed it. Be sure to give it another go!
GOAT
Off the back challenge!! LOVE it.
I tried once driving down the street here .. Vintage Chief Wahoo Starter. SICK
He said he could sell it it was his roomates.. I dropped the ball .. should have gave him my number. Live and learn
Keep these videos coming . We live learninging from you bro 🐐
Hahaha you fumbled the ball by not tossing your phone number for sure!
@@technsports fumblerooskii For Sure!! 😁
Really hit the nail on the head. Thank you! Will have to watch several times. So much too absorb.
Watch it back a few times to take everything in if needed.
This is great content to watch you can't get enof of practicing the fundamentals alot of things in my machine that need improvement like "shooting free throws on sunday" I'll be watching this one a bunch THANKS!!!
Appreciate that Seth!
Fantastic information
Hope it's helpful, thank you
the golden ebay mba ❤… love it
Hope it's helpful Dan!
I'm listening for like the 10th time... idk why but I hear it deeper each time.❤
Different things hit at different times
man, if this video existed 10 years ago I would already be a millionaire. Finally grasped the concept this year and neve been more excited about my business!
Wahoo! We need Hanli podcast part 2!
This video is EVERYTHING! We all can benefit from this information, new and “old” resellers. Thank you! 😊
Thank you for checking out the video launena!!
@@technsports Of course!
Please call me Laura, that’s my name 😬
@@Launena100 😁😁😁
That deep dive document is epic! I’ve heard it mentioned in other vids but this is my first time getting to see it. How do I access the doc? Also I’d love to contribute to the group any way I can
It's part of the group:
www.patreon.com/c/resellergreatnesspodcast
@@technsports thanks
Thanks Tech! You are always spot on 👏 Sourcing willy nilly and buying stuff you like or that is only $1 is fun……having the discipline to research and check sell thru to make good decisions when you source - now that’s work …….but as you always say “it’s a beautiful thing” to get to do this type of “work” 👖 👚 👠 🛍️
Absolutely! Thank you for checking out the video!
I'm in extreme grow mode but only for a few months. My average net is 15. Average cost is about 3. I'm banking about 2 bucks per item so still profitable. But the rest is put back in. Once I reach my desired inventory level I'll bank more. It's a small store I do part time
Appreciate you checking out the video I hope it's helpful for you
Thank you. This is not talked about or taught at all in this community (in YT videos at least.) So much great info!!!
My pleasure, it's a tough concept so it's difficult to talk about. You have to really know what you are doing.
You're the best❤❤❤❤
Appreciate you checking out the video!! Hope it was helpful!! Thanks so much!!!
Thank you!
Likewise, hope it's helpful
Thanks so much!
My pleasure, thank you for checking out the video. I hope it's helpful
Thank you Tech
Thank you as well!
Definitely gonna waych again and join the group soon. Awesome, awesome, awesome!!!
Would love to have you! Learn some things, learn your business, make some money! Thank you for checking out the podcast
THANKS FOR KICKIN my butt (into shape) every single time I watch you.
My pleasure, that's my job!
@@technsports got me scared to come to Florida 🤣🤣🤣
Thank you so much for helping us all! This is another great video! I feel like I've been doing this all wrong. I found my niche but now i need to find the 10 items a day/i need to figure out what shoes/and a separate bank account. Ill be watching this again! 🎉
Half the battle is getting it figured out
So excellent Tech! Thank you. I hope you're feeling better 😊
Working on it! Thank you for checking out the video
Holy information batman. This episode makes me want to cry. Because I started out in storage unit auctions. 20% of them are good......80% are hell. I had some really good items but it drained me a little. I was broke and couldn't figure out why. (Inventory poor)
I started watching people flip on yt. Ultimately I came across tech. I sell good items (3 out of 4 I'd guess) and still I'm not saving big. I get amped and buy buy buy. Things I buy pile on storage unit items.
I need to keep taking a bite of that elephant. One bite at a time. Tonight I'm getting my photo area for clothing done. I bet I've got 300 items to list just for that.
Tech thank you sir.
Music to my ears, you can revisit as often as possible, thank you for checking out the video. Check out the others, lots of helpful information everywhere
The whiteboard needs to be on every call, because we are all getting schooled!! OMG - I'm hilarious!
🤣. Needed to be diagramed to sink in
This is absolutely the mot informative and helpful video I have seen on how to calculate a$20 profit per item! Very enlightening. Thank you so much.
Thank you for checking out the video Elizabeth!
I feel like im doing pretty well (i hope) i started a month ago (part time i work at ups full time) and i have listed 100 items my first month and have sold 24 of them for $1k. Hopefully i can keep it up!
I'm curious is ebay kind of pushes a new seller a bit to give them a bit of a bug to keep using their platform 🤔
some people speculate this, but there's no proof
Thank you. I have gotten so much out of this video. I have watched most of it, twice. I'm sure I will continue to learn from it.
Glad to hear that! Thank you for checking out the video!
Thank you for this! I needed to hear this!!!
Awesome!
Thank you for sharing this info!
Thank you for checking out the video Maria!
For sure need to look at sell through and better products.--- where do you go to get a good sell thru on the ebay tools or elsewhere?
Ebay site actives vs solds or terapeak
Ok.....tech I'm so sorry but I'm struggling. If your item sells for 29, and your profit is $20.-- don't you then subtract $5 for your cost of goods? It looks like your adding your COG as profit?
Hey don't be sorry, thank you for the question.
You buy an item for $5.
You took your $5 and exchanged it for an item.
Sell an item for $29
Fees are $3
You have $26 left.
You spent $5 on your item
Your PROFIT is $21 on the item.
But you got back $26 dollars.
@technsports ooooooh ok!
I have watched this three times. Still picking up tidbits.
Excellent! I hope it's helpful
This is so awesome Coach. I have been doing this, but I was unable to explain it. I feel like the luckiest person in the world for stumbling into the group at the beginning of my journey.
Appreciate you checking out the video I hope it's helpful!
I am ready to go to the next level!
Take the baton and run!
super helpful
Thanks Kim!
I don't do recurring "debt". Is there a way to pre-pay for an annual Patreon membership? Thank you again. You are the top of the pyramid by FAR!
Patreon account has to be active for 3 months before they allow for annual memberships, so starting February 4th we should be unlocked for annual at a pretty nice discount as well.
Fantastic news made even better! See ya' soon @@technsports
The video that goes over how to cover those metrics, what's the video exactly called?
I show how to do it in the beginning of this one. But the video referenced is in the group
Thanks, Boss always the best
Thanks Z!
Always the Best Thank you Sir
My pleasure thank you!
Hello
I have been watching lots of your videos and have listened to your podcast for quite awhile. I very much appreciate you helping the rest of us learn how to be successful.
This video is incredible but it hurts my little brain trying to truly grasp it.. lol I’m going to watch it over and over until the lightbulb goes off. lol
Here are my questions. I’m going to use the $20 return as my model going forward. For items that I’ve sold that didn’t make the $20 profit, can I still use my initial cost of goods to roll over towards a new product? On the other side of the coin, if an item sells for over my $20 goal, ( say my return was $37) do I use the $17 to purchase more items, as long as I put $20 in the bank?
I know this is rambling and I apologize, but that’s what isn’t completely clear for me as of now.
Thank you again. You are appreciated.
You can but you need to sell more than 1 item to drop moeny in all the buckets we mentioned at the amount we mentioned
If you sell one for more profit, then you put more money into the buckets.
Dude. This is the EXACT video I've needed. Seeing this visually is what my brain required.
Was it helpful and not too confusing?
Incredibly helpful@@technsports
Tech thank you so much. Idk why i made this so difficult on myself? I appreciate you bro
It's not as easy as it looks
Good stuff as always!
Thank you for checking out the video!
Thx for the great content. Where can I find the Deep Dive Document? G
Deep dive document is in the group. Drop a post in the group and I'll send you some helpful links
Thank you for breaking this down so much more for me. I have trouble with math and this helped me so much!
My pleasure kt, hope you are doing well
Hi Tecb Great video! This is all relevant to have those items you purchase for $5 sell in a short period of time. Besides this could you do ro maybe you have how to get these items to sell to get the rolling savings affect in your bank account as you are explaining in the video. A person can add item, but if they do not sell, that person is going to have a problem making money.
Of course. We shouldn't be in the storage business. If you want to find $5 items watch my other items. I rarely pay more than that
TechnSports!! You crush. Communication loud and clear and unwavering since I’ve been following. Thanks for your service and dedication! The time is now 2024!
Appreciate that! No better time than today
Thank you Tech for all that you do for us
My pleasure, I hope this provided some helpful information for you
Cant wait to join in a few weeks! Profit is slow but hoping i get enough for a month! Hard times but no quitting 💪
That's it, keep trucking
Yesterday found 400 dollars worth of stuff from one store today didnt find one thing to sell but being consistent is key.Thanks again for so much info,keep em coming 💪
Consistency is key. 100%, thank you for checking out the video I hope you found the information helpful.
Oh man. This was a great video. Watching your videos and I’m so grateful. I’m only 2 months in and I’ve been doing it wrong (spending all my weekly income back on product vs only spending my initial investment plus one and saving the rest) I’ve been wondering when the time comes to start saving…I thought I had to build up my sales to 10 a day before I could start saving (which seems like a lifetime away ha). I definitely need to join the group. I don’t have an eBay store yet…just have been listing under my eBay profile. Can I join if I don’t have an eBay store yet? Thanks Tech for your content and knowledge (and thanks Carrie for your content which led me to Tech 😊)
Carrie is the best! Thank you for checking out the video. I hope it was helpful!
2nd time watching this, great refresher before talking business plans in the group. RESELLER GREATNESS here we come🎉
Let's go max!
I heard the 1050 a week for bills savings etc what about taxes????
Taxes are a given & I'm not a tax professional so I'm not going to speak on taxes.
Great video! Loving the content. I have to say I ran into this guy at a florida flea market he's super nice and very humble. Keep it up.
Which flea market?
Orlando on Colonial Drive. @@technsports
I wasn’t able to join your new group last year, so I just wanted to thank you for sharing your invaluable knowledge via TH-cam. In 2024 I’m working diligently to course-correct and turn my struggle store into a success story. 🙏🏻💪🏻
Would love to see that!
I know this video is old but I’m just getting started is inventory an important part of this like have as many profitable items as possible? And then is it mostly about average cost vs profit idek if that makes sense but hopefully I can get an answer because I go to the bins every single day and have an average cost of 1.6$ an item but not sure if I should just keep posting as much as possible and expecting offers as they come
If you are posting items that are not good then don't post them. If you are posting great items then post as many as you can without increasing your defects, destroying your metrics and increasing your returns and breaking your business
So much knowledge is dropped here! This is the Christmas present that is like Willi Wonka's Never Ending Gobstopper! Thanks so much Tech for your time and effort, I hope you realize just how much you are appreciated ❤🔥👩🌾
Appreciate that Noel! Gobstopper lol
Been on the sidelines in the last year watching and learning. Tech wins hands down to learn from. Joining today. Time to do this full time and give it my all.
Happy to help in any way I can. Make an introduction post when you get in the group so I can send you some helpful links.
Thank you for breaking it down like this!
My pleasure Kendra!
When I find an item and look up the sell through rate, what percentage should the sell through rate be in order for me to buy the item?
High as possible for most people. There is no answer to this as everybody has a different business model. Some people 1 year sell through, some people 90 days, some people 1 month
Wow! It was like watching a Tony Robinson,Zig Ziglar Seminar. Your Awesome! I just started a month ago I sell Appliance parts I have about 40 items and it's increasing with 3 to 4 sales a day. It's because of you.i didn't throw in the Towel. Thank you so much for paving the way 15yrs ago
Congratulations on your new business! Continued success
Take away from this video... Find $20 profit items with a good sell through! Thanks for breaking it down so eloquently!
Thank you for checking out the video I hope you enjoyed it!
It’s hard when you only have a phone no space iv been trying for a while
Stay at it
@@technsports thank you
Hey Tech,
I just added my reselling YT channel..brand new. In your patreon…on one of your videos here …I think you may have mentioned you have a TH-cam call? If so, what does that call go over exactly ? How could this help someone? Thank you for your time ,I appreciate it.
🌞
The TH-cam call is on Thursdays at 4 PM EST. It's hosted by Mel @backfromburnout & James @Boldfinds. There are tons of replays in the doc. It helps with social media, building a following and how you can sell your items via social media.
Definitely check the replays.
Here's the doc with all the replays:
docs.google.com/document/d/1ES87i4ybJzBsrwsdNFogJomoKxfy0X1lETAYjDdinwE/edit?tab=t.0
There’s a certain TH-cam reseller who recently started trying to make money off of your concept, but they are trying to pass it off as their own idea. They have repeatedly said that they created it, but as soon as I heard them talking about it I knew they were ripping off your stuff.
That's how it goes. Good amount of them out there. They were in the group in the past, some of them have been removed from the group, etc.
Can't bamboozle people forever. You need results too, not declining 90 day totals.
Awesome video! I joined the group in November. Since then my Average Sale Price has increased some, my sell through has increased and I am learning to buy better items. Thanks so much tech and all the coaches!
Love to hear that!!! Congratulations!!