I started selling on eBay three years ago after retiring for a hobby something to do. My initial investment was $400 dollars total. 3 years later I’ve made close to $80,000. Not every item was a triple or a home run some are a base hit or a walk. I can’t wait to get out of bed every morning this has truly rejuvenated my life. Funny as I’m writing this I just sold something. I also dream of Jeanie
@@commonwealthflipperI’m moving to all live shows on district I think the platform has a lot of potential our first show is Saturday I sold 6000 on eBay last month and was digging around and it’s over 42.5% that don’t include my boxes peanuts and all that
I am a new serious reseller because I lost my job at 63. While looking for employment on zero income, I could start with things at home. I love sourcing and recycling, so it is perfect for me at this time. Yes, it’s stressful now, yet I learn, continue to persevere, and stay the course as what is the alternative for me? Living in CA on a single salary is motivation and with recent health issues I appreciate the flexibility. I’ve learned so much from you,Kevin! Thank you.
I've been selling on ebay for 25 years. I see such a change in the buyers now than back when I first started. I know the economy also plays a part in what people can afford to buy now, prices have soared on everything. I am always thankful for anything I make on an item. I can't afford to buy high priced items to resell but something I find a gem and make a couple hundred on an item. I Dream of Jeanie
The best thing about being a hobby reseller is I don't need to value my time because I do it for fun. I could spend 4 hours playing video games on a saturday morning or 4 hours working on reselling, and I find each very fun to do
I've resold several items. But, having a tough time finding my own "niche", as most of the items I have sold have been random. What do you primarily resell? Or, do you sell random items, also?
Absolutely agree with you! I pay up for many toys and dolls items and after ebay fees and Portuguese VAT I only get 30% of profit, but the items, most of them at least, flip in 2 weeks if priced correctly. Cash flow is one of the most, if not the most important aspects of a business.
It is very difficult and I think the commenter's statement is well-placed. Your rebuttals are also well-placed and I think you broke it down very fairly. Part of the issue may be that new sellers are going full-time too early and their personal expenses are quite high.
im guilty of leaving my job early, but I started sourcing more smartly. Only grabbing items with a 50% sell thru, after a few months my 90 day sell thru is 80%. I'm now making more than I was making at my job. I also think I quite a year and a half too early. but that forced me to adjust my business process. I also support my family on just my income alone, 2 kids and a wife.
@@jeremiah03101 Great Job! It's hard work, but so worth it. I admire you providing for your family. I did that as a single mom working three jobs. I retired from bookkeeping and bartending about 2 years ago and am making my living on reselling in my 60's.
I Dream of Genie. As for selling . I sell mostly vintage glass. I calculated 3x my money invested. I recycle: reuse packing and boxes ( for the most part) I do purchase Bubble wrap. Your profit is made on “ the Buy”. I purchase with cash only. Cheap. No credit cards. Keep it simple and Grow my knowledge on profitable items to source. I enjoy your channels and content! I learn a lot from watching You. Thank you!
Agree with all of it. I almost always use free packing material, I only pay for tape and shipping labels. The money is made on the buy. Pay too much and you won't make money. Always look to grow your knowledge. Easiest way is to search sold items in a category and see what brings the $$.
My entire business model is built on investing $6-$8 per item, Selling for $20-$30 on eBay, and netting $7-$10 per item. We sell 600 ish items a month. I could buy ten times the inventory I do, so its scalable If I wanted to work more. I'm netting 4-6k a month. The idea you cant make this work if you aren't making 1000% ROI are just misguided. I'm a grinder and I work hard.! I don't care what my hourly rate is. I'm happy and I'm the boss. By the way, I use my credit card all the time because I love the points. Pay it off every month.
Your inventory system makes me anxious and I’m wondering if you could tell us if there’s a method behind the madness other than your hat bins? I absolutely respect the work that you do and the way that you do it. I’m a new subscriber and look forward to learning more from you.
I do exactly the same thing, using the cash back credit cards for every purchase, and Always pay it in full monthly. Also don’t mind buying an item for $20, selling it for $40 + shipping, and netting a $11 or $12 profit. Over time, those profits add up, and who doesn’t like making a 50% profit. Heck, there’s plenty of small items I make only a couple dollars on, but again, a 25% to 30% profit is A.O.K. With me. Just having some fun.
I get tons of my stuff ‘free’. Actually lots of it is from sweat equity! I’ve done several clean-outs after estate sales. At my age I wonder how long I can do that. I also have a couple of friends who say hey I’ve got a box of stuff I’m ready to donate, do you want to go through it first? I’m not too proud to go through and take what I can sell. I know which thrift shop they want me to donate the rest of the stuff to. I also am happy to look for items they want and when I find them at a thrift shop I buy it and give it to them. Don’t kid yourself though…I still love the hunt and do that on a regular basis but am picky with what I buy and how much I spend. I was sorting and reorganizing my eBay area in the basement today… and oh my…that death pile!!! Maybe I’m not as picky as I think I am😖. groan.
I make so much money on travel. My keeping track of mileage is a major write off against profit. Many years I’m driving to pick so much, the government allowed this last year 62.5 cents per mile and making actual $18,000 to $25,000 on legal annual mileage write offs which is so much more than keeping individual receipts like gas, tires, brakes, engine repairs, oil changes, transmission cost even rental costs if your vehicle goes to shop. The allowable standard deduction from profit allows me to keep money to reinvest That I don’t pay taxes on. Winner winner chicken dinner. Love this business.
The credit card example may have been brought up as many use a dedicated credit card to keep track of their purchases and expenses. If one goes into selling on Ebay expecting to make enough sales in 30 days (It can sure seem that way from some YT videos) to pay off the credit card monthly, that can be the issue. Many, many items are long tail and can take months to sell. Seeing expenses add up while waiting for sales will discourage many people. Even if they are using cash, it can be discouraging. The old adage, "You have to have money to make money", is true with Ebay too. It may not be as much with other businesses, but you still have to be patient to see a return on your investment.
Bam! I guessed $90! And I haven't sold the first thing yet because I have been learning all I can before I do. It's because of you and others who share their experience and knowledge that the rest of us can get off to a good start. Thanks, Kevin!
You mentioned a very good point concerning time with that sell that I don’t think people understood. The product was clean. All you had to do was take pictures and list. That’s a huge deal if you’re going off an hourly rate.
Sometimes you have to research the item, do a write up, quality photos then packing and shipping. Don’t forget people pinging you about questions and requesting different photos. I had a person wanted to see the item outside in the sun. Another wanted to see the earring on my ear. I just want to sell items to get them out of my house. Kids don’t want anything and my husband and I are getting older.
We still have an ebay account but we use it as a way to advertise our Brick and mortar location. We cut back to the smaller size store and we really don't post that much on there. We sell antiques, have a brick and mortar store. We get more walk in traffic than ebay simply by having a facebook page and costing things as they come in. Our time is valuable, so listing photography, taxes, cost of sales just makes no sense on Ebay. People who are trying to sell Yard sale junk are now competing with chinese drop shippers who are selling new products. People work way too hard trying to make living on eaby and there are better alternatives..
If I had money to open a physical store I would I sell games it's really hard to find games if I had a physical location games would just come into my store and I could just buy them off of people but I'd probably go out of business in like 2 months just because they're probably wouldn't be that many people interested in that kind of thing around here
(I DREAM OF GENIE)! Amazing Sales! And so agree with you that “TIME IS $”! I love the Song playing in the Background at end for Memorial Day”! GOD BLESS YOU AND YOUR FAMILIES AND EVERYONE STAY SAFE AND ALWAYS THINK POSITIVE”! Love seeing the kiddos! Man they have grown so much Kevin! I love how you instill them to make their $ for their wants and needs. I did the same for my little girl and she is doing the same with her 3 children. And they are Homeschooled as well even the 3 yr old. Never too young to learn as far as I’m concerned! Stay Safe this Holiday and Have a great one and anyone in your families that were in the Service! Plz thank them for Service❤♥️💜🤗💪♥️🇺🇸🙏😇
I'm retired even with slower sales my operation cost is under $200 a month including my climate control room & premium store fee. It's about your operating cost, cost of goods and shipping cost. It also requires discipline in listing & shipping I have built my listings to 3900 items +.
People that make those comments to Kevin like that could never accomplish what you and other good resellers do. They have been making excuses their whole lives basically sabotaging themselves in the process. I’m also retired from 40 years of sometimes hard labor and I think that can be the key sometimes. I could do reselling in my sleep compared to what I used to do.
More listings isn’t a flex. Better to have 200 items listed with a high sell thru. If you have thousands listed and also have a decent sell thru good for you
Started here a couple of months ago with 100$ cash and have turned that 100$ into 1500$ gross. Growing the store very casually and honing in on products that have a fast sell through rate. Just a hobby seller so cant complain. I will be teaching my kids how to do this when they get a bit older so they can generate cash flow from an early age and appreciate the importance of math, money and savings. :) Thankyou for another great video!
I only do this as a hobby to sell things i love so i can build my collections. The cheaper items $20 and under might not seem worth it, but if they list and pack fast, those few dollars profit can add up quickly and help in between the bigger sales. Im willing to pay up for more expensive items. I know It will sell fast and are easy to ship even if i dont double up on it. People need to learn to break down what they'll make before they buy the item and determine if its worth it from the moment they buy the item to when it ships out the door and all fees are taken out. Also, have a way to sell or get rid of old inventory
I dream of Genie. On higher dollar items, I like to double my money or more. Of course, on low priced items, it has to be much more. Like you said, once you have been doing this for a while, you can figure it out in your head fairly quickly.
Estimate profit 70$..photos and listing 15 min packing depends if you bubble or paper it use a recycled box or new. Ruff estimate with all new stuff 15 min max shipping supply max 10$
The same reasoning applies to pawn shop purchases and sales, and inventory management at any retailer. It's all about the initial investment, how quickly you can move the goods, and the net profit.
I've always lived by 10x your money when I buy (for the majority) so there is plenty of room for fees, offers, etc. Everything else depends on the price and sell through rate.
I dream of Genie! I absolutely love your channels. I have only been reselling for less than 2 months. I gave myself 1500 startup and have grossed $4700 so far with around $4000 listed and of course I am building a nice little death pile. I have learned a great deal from you, and your style of delivery keeps me entertained, and with my ADHD, that is saying something! I am looking forward to the next video but will keep busy watching the older ones to soak up as much of your knowledge as I can. Thank you again for all you do. I don't know where you "find" the time, to do all you do!😁
I agree with what a couple of other people have said, it's easier to stick with all of this when it's a hobby that you thoroughly enjoy and it brings in side cash. I think it's an extremely productive hobby to have... I'd like to go more full time with this eventually. So instead of ebay, what are you going to use instead? you aren't going to stop picking
I Dream of Genie! I love watching your channels. your information is so straightforward. I sold years and years ago. I have been gathering inventory to start again but nervous. Crossposting makes me nervous so I probably won't do that right away. Keep the great info coming!
I know people complain about fees, but some are tax deductible because of running a business. It's still way cheaper than trying to sell stuff having a brick and mortar business. People are doing the math wrong and they get discouraged. Having a brick and mortar is way more expensive and you will make way less money if you don't know the numbers. Some people have big expectations about selling online. You have taught me slow and steady will win the race. I tell everyone I know that you are the one to watch and learn. You keep me up to date on everything eBay and I appreciate all that you do!!!!!!
Just started to dive into reselling two weeks ago!!! Done eBay lightly for 2years. I was at yardsale in Lynchburg sourcing and the people there mentioned you had just been which is how I found your channel! I dream of genie!
I absolutely agree with you! I feel that you did an amazing job breaking things down. Obviously, some things will vary but overall you nailed it! I hear (read) so many people complain about ebay all the time. I just couldn't be more grateful for it! I have sold off and on since 1999 and am now full-time. Just starting back up in January I am now thrilled with the results! I just need to ramp it up now that I'm back in a groove. What we put into it is EVERYTHING. We hear it so often that we make money on the buy. I buy super low whenever possible and pay attention to sell-through rates, and get as much of my shipping supplies for free as possible. Ebay is helping me put my life back together after Hurricane Ian (we are still rebuilding here in Florida). I am absolutely certain that there is going to be so much more than that because I know what I am capable of. That's where the money is truly made. Keep up the awesome work, I appreciate you 🥰! OH, I almost forgot! I DREAM OF GENIE (or I Dream of Jeannie 😉)
I wanted to comment on this earlier... Your mind set is so amazing. Sales were picking up then hit a wall again this weekend. I feel tomorrow will start another good 4 to 5 days. You have been finding some cool stuff too. I look forward to all your channels videos.
Great subject. I've only been doing this for about 9 months and am still learning the judgement of what to buy, have bought many items that wound up either not being worth much or takes a long time to sell. I'm getting better at picking far less items, but ones that will sell high or quickly. Even paid up on a few items, which was scary, but worked out ok. Thanks for all your content across the channels. I dream of genie.
If you live in a urban American city there are locals who can go inside local businesses and walk out with lots of items for free. You can purchase the items they come out with for practically nothing. I usually buy their shaving razors, batteries, and women’s hair products. I’ve made a small fortune selling them on eBay.
I don’t think eBay was set up for the nickel and dime garage sale reseller …..trying to make a buck…..It’s more for the niche items, the vintage and the homemade -custom items. We’ve been selling custom hand painted to specific order instructions of buyer, full sized reproduction Carousel horses and rocking horses.. for 25 years… they sell for an average of $3500 so you don’t have to sell that many in a year to add to your income ….never had a problem. It’s when you start listing Willy nilly cheap items .. that’s when people get frustrated on shipping and how eBay works.
2:40 Those phones are also called Fire Phones back in the 50's 60's and the 70's when we never had 9-1-1- Services Volunteer Firefighter would have one Fire Chief, Fire Captain and all other fire officers would have one and their would be one at the Fire station on the desk someone would call in saying a report of a fire firemen would get in the trunk and go
Well, I just started following you recently here in Virginia. I was inspired to start an eBay store by you and a couple others. I can't imagine having the amount of inventory you have. I would never put anything on a credit card. I started my store with a hundred-dollar bill that I found. I have not invested any of my own money, I should do about $2,000 in sales my first month. I have 60 items listed. I would literally have to go look for more items to list tomorrow I do not have a back stock. The Goodwill and post office are less than a mile from my house if I need. I've learned in the past 3 weeks that if it can't sell for around $30 (at least) and be picked for around $5 then I don't want it... After fees, if i take a lower offer, at least make $10 bill off that sale. $20 if im lucky. Buuuuuuut, 30% of my items are thing I purchased for around $3 to $5 plus gas, plus time plus energy and I will sell between $40 and $100. 3 weeks into this adventure and I'm shipping 10 items out tomorrow.
I love your approach to the business. All the experience plus your teaching skills are invaluable to a retired lady, looking to sell online w/ eBay and make $$ not just for fun! I dream of genie!
They do have a point, but that is looking at that single item and basing the whole business model on that one sale. When volume sales comes into play you end up making anywhere from $2/hr to $500+ hr! I know some days I dont make anything and some I make $100/hr. Honestly it's too hard to try to make "hourly" pay in reselling. I aim for my yearly salary to be $X amount. You still have zero control over that number, but it keeps a idea on where you should be on items and listings. My ebay store has enough money in it to pay every bill I have off and sit comfortably, but the stuff doesn't sell immediately. Theoretically I have $100/hr+ in inventory.
I dream of genie, sell through rate makes a big difference, I will buy lower margin profit items if they sell fast, something with a slower sell through rate has to have larger margins in order to buy. Great video.
"I DREAM OF GENIE" Thank you, Kevin, for all of your advice and guidance. Love your channels!! I'm in my second year of reselling, and you have been instrumental in my understanding of Ebay and how to make it work for me. GOD Bless You for all you Do for this community.😊
The ROI calculation has to involve the cost of labor and then be annualized. You always have the option of putting your money in an S&P 500 index fund and getting an average annual return of 10.5% which doubles your money every 10 years. I think it is better to just think about the profit per hour on an item by item basis, like you said. And yes you need to include your sourcing time. Keep a log and get an average per hour of how many items you pick up.
I dream of Genie! I"m a new re-seller, 3 months in. Love learning and finding hidden gems. I recently purchased a silver lined porcelain cup for 59 cents. After researching this item turns out it's worth a little over a $100 made in Mongolia. Very cool cup!!
I always wanted to resell but just didn't have the time because of the 9 to 5 grind 😪.. I got hurt at work 2 yrs ago and am now in a wheelchair!.. I have all the time in the world now.. been selling sports cards full time and wife is selling all other stuff!.. we watch you and learn from you all the time, kev... our knowledge of what to look for has been vastly expanded. Not doing 80 000 yet though.. lol.. thanks for always creating great content!
I'm going to have to agree you had money to spend that was yours. Whats left thats actually yours after may be close to breaking even. You must include gas, time sourcing, time listing and yes the big one federal tax. There is a shear large amount of volume to actually truly make out. 1 dollar to every 25 you might make out and lets be honest 1 hour sourcing unless at a good large auction definitely digs into profit.
I ben saying Ebay is back to "normal" pre 2020 I think some newer sellers don't understand the full extend of the Ebay grind pre pandemic and we are just getting back to that time when you have to list good stuff consistently because the days of listing everything and it sells are over imo.
- "I'm leaving sourcing out of the equation". Well, then we can't accurately assess cost. - $2 in the miscellaneous expenses is low. Even though he used all the boxes he had for free, that doesn't mean they don't have a value that could be considered. You're not always going to have a free box laying around, and even if you do, there's still a market value that could be assigned. -Not to mention the cost of everything that he can't/doesn't sell that he purchased that sits or he loses on. -The equivalent cost of storing all that stuff. Ft2 has value and while he may already have space available for this stuff, if he didn't, there would be a cost associated with storage and a value/item could be assigned. - Listing items takes time, shipping takes time, sourcing takes time. While we may claim that we enjoy doing those activities, and it doesn't matter anyways, it certainly is a cost. Without taking all this into consideration, we couldn't accurately come to a $/hr rate. And because of that, video cannot accurately describe if it's worth it, or not. A better thing would be for him to take all the time he spends on this stuff, accurately access his total revenue, subtract all his cost (yes, all cost. Equivalent of what it would cost to pay someone to source, ship, list, store, etc) and the come to a total profit. After he came to that total profit, he would divide by hours spent (all hours) and could come to an hourly rate.
We buy things so cheap that we make a great profit per item. We have hit home runs on things we bought in bindles. We hope to at least triple up. Besides that, we are having FUN!
I dream of Genie :) love Turner's skeleton pumpkin shirt. I always keep an eye out for multi-quantity items, but they don't happen often. I'm really bad about knowing my exact numbers, but know my rule of thumb and 2x profit is not enough in most cases to pay the bills. More like 3x-4x minimum, but depends on the price of the item - like you said it's a sliding scale.
I buy primarily on credit. I use the 2-3% rewards on crypto! I understand your point though. I have a flexible budget depending on the deal at the moment. I am thinking of future sales when I buy super bulk at cheap prices. I don't really count my hours of sourcing or even listing in a $ per hour mindset. I love doing it so it doesn't matter most of time.
If you buy in bulk you need credit cards! I buy winter stuff in summer so I know I won’t sell for 6 months and do try to pay cards off.. eBay’s new reduced shipping is s killer .. I’m trying to increase my shipping weights but there is no longer a buffer for fees and packaging! The only solution is to increase prices but then I’m not competitive .. 🤷🏻♀️
@@sarahsavesit they buy bulk items that will sell better in the winter, during the summer. Im guessing Christmas items, winter clothes etc. which when you buy in bulk, it’s usually a large amount of items= larger amount of money
Some of these comments are so motivating I am in some debt and I need to get free from it. I have sold a few things on eBay and I know if I keep listing sourcing I can come out a winner and free from debt. The resell and eBay community truly has some amazing people 🎉🎉🎉🎉🎉
I Dream of Genie. Kevin your video's are the best out there on eBay related content. I have a ton of owned family products that I have been wanting to start putting on ebay and I just have to get started. I have sold items on eBay over the years but as now I am retierd I want to start getting more into selling on eBay and your content has helped me a lot on getting ready to start up. Thank you for all the info you share.
Let’s not ignore the fringe benefit of sourcing items on the cheap that you keep instead of buying full retail. What is freedom worth versus the 9-5 grind with only a handful of vacation days ? Roi versus the bank is obviously higher. Source at 4X for cheaper items with a minimum comp filter. Sell through rate considerations need to be quickly searched prior to paying/on sight. Good video Kevin ✌️☘️🇺🇸🍻
1000% these are what i have called for 25 years for full time reselling as a benefits wroth there weight in gold and we all know gold is worth Money to me those benefits you speak of and the benefits you didn't speak of to me is worth the same as gold
You may not be able to make a living on eBay but you can make money. Those two concepts are completely different. I sell stuff often as well as buying stuff and I never lose money on the stuff I sell. The key is never feel you have to make a sale. I have had stuff set for months but eventually it all sells.
No one will be making anything once the new tax regulations kick in for resellers gone will be the days you can write everything off on the 1040 as a loss.It will now be an instant audit according to my tax preparer whom advised me to find another resource for income.
Look for an old VOIP adapter (Vonage) they can be found pretty cheap and can be hacked easily to provide dialtone. I have a Linksys PAP2 setup as a ringdown circuit with Line 1 downstairs and Line 2 upstairs and in the garage - no need to even dial, just lift the receiver and it rings where you want it to.
My mom still has 2 original ones. She stopped using the rotary and swapped it for the push bottom touch tone which she tested by plugging it in to the phone port.
I dream of Genie. That was a favorite TV show of mine, you've inspired me for so many things in reselling, now I'm searching for old I dream of Genie shows.
After I retired, I found myself not really doing much, except day-to-day work around the house and a few vacations here and there. At that point I knew I wanted to keep active and also not xxx on social security or start depleting our retirement accounts, so I started reselling. It helps keep me busy and I enjoy the hunt, regardless of the hourly rate, though I am diligent to make sure I'm picking up profitable items. I Dream of Genie
I am new to your channel do you have a tour of the outside of your shed? You have one of the best setups I have seen. Or please point me to a previous video if you have already done this. Tysm 🎉
I Dream of Genie! I have been selling on eBay for 25 years part time as a hobby and because I love it. I think there are a lot of new sellers that think they can get rich quick without putting in any work. Some people also get stuck spending too much time researching their item and it cuts into time that could be spent listing more items. Keep it simple. List items you are familiar with until you get the hang of eBay. It gets easier with time. You get a feel for what sells quickly vs something that is going to sit in your store forever, and what the profit margins are.
I dream of Genie I think the biggest thing in more short year of selling is people pay to much sourcing items that have no sale through rate. Couple that with they think they should get top dollar for every iteem.
I use a credit card for every purchase, I've never spent a dime on interest because I pay the balance every month. In fact they pay me 1-2% cash back depending on which card I use.
I did it for 6 months hardcore. Made some good money, but it became clear to me that to do this successfully, you really need to manage your time well. If it's "worth it" really depends on your picking knowledge and how you manage your time as a buyer and seller
As a new seller, I'm selling tshirts, books and novety items. I'm pretty happy at time. I'll probably never sell heavy items, to keep cost down. I Dream Of Jeanie
Cool stuff I used to sell on Ebay until they kicked me off being below standard just as a few sales put me above it. They refused to allow me to dispute it.
If you walked into a thrift store and they were selling a tiffany 18K ring with diamonds for 75 dollars, you would use your credit card if you didn't have the cash. So there are times where using a credit card makes sense.
Exactly! There’s also people that just buy online in bulk.. maybe disabled .. you also get % cash back.. it’s how you handle the credit card debt and manage buying ..
@@michellem6136 Borrowing $75 to buy something you can sell for $7,500 makes sense every day of the week and twice on Sundays. As long as you pay it off the next month it's no different than using your debit card.
I started selling on eBay three years ago after retiring for a hobby something to do. My initial investment was $400 dollars total. 3 years later I’ve made close to $80,000. Not every item was a triple or a home run some are a base hit or a walk. I can’t wait to get out of bed every morning this has truly rejuvenated my life. Funny as I’m writing this I just sold something. I also dream of Jeanie
This is what it’s all about.
Good for you. Sometimes it seems like a chore having to stage stuff and pack stuff up. Lots of bubble wrap and cardboard boxes. I'm sick of it.
Our thoughts become us..
Now cross your arms and blink twice.
@@commonwealthflipperI’m moving to all live shows on district I think the platform has a lot of potential our first show is Saturday I sold 6000 on eBay last month and was digging around and it’s over 42.5% that don’t include my boxes peanuts and all that
Not a big baseball fan, but love those analogies.
Sales are slow but when it's just a hobby it's easier.
Agreed
I always said reselling it’s the KING OF SIDE HUSTLES! Doing it full time isn’t easy and can be constantly stressful.
I can definitely see where selling fulltime could be extremely stressful.
@@LUMBEEPHENOM2012 if you have a reliable source and business model. It doesn't have to be stressful.
@@LUMBEEPHENOM2012 Because most ppl don't realize it's actually work. You have to invest time, just like a job
I am a new serious reseller because I lost my job at 63. While looking for employment on zero income, I could start with things at home. I love sourcing and recycling, so it is perfect for me at this time. Yes, it’s stressful now, yet I learn, continue to persevere, and stay the course as what is the alternative for me? Living in CA on a single salary is motivation and with recent health issues I appreciate the flexibility. I’ve learned so much from you,Kevin! Thank you.
I always said reselling it’s the KING OF SIDE HUSTLES! Doing it full time isn’t easy and can be constantly stressful.
I've been selling on ebay for 25 years. I see such a change in the buyers now than back when I first started. I know the economy also plays a part in what people can afford to buy now, prices have soared on everything. I am always thankful for anything I make on an item. I can't afford to buy high priced items to resell but something I find a gem and make a couple hundred on an item. I Dream of Jeanie
The best thing about being a hobby reseller is I don't need to value my time because I do it for fun. I could spend 4 hours playing video games on a saturday morning or 4 hours working on reselling, and I find each very fun to do
I've resold several items. But, having a tough time finding my own "niche", as most of the items I have sold have been random. What do you primarily resell? Or, do you sell random items, also?
@@brasstacksboxing409🤦🏿♂️🤦♂️🤦
Absolutely agree with you! I pay up for many toys and dolls items and after ebay fees and Portuguese VAT I only get 30% of profit, but the items, most of them at least, flip in 2 weeks if priced correctly. Cash flow is one of the most, if not the most important aspects of a business.
It is very difficult and I think the commenter's statement is well-placed. Your rebuttals are also well-placed and I think you broke it down very fairly. Part of the issue may be that new sellers are going full-time too early and their personal expenses are quite high.
I also believe they/we get scared and lower the price. Then people follow, and it's becoming a mess.
im guilty of leaving my job early, but I started sourcing more smartly. Only grabbing items with a 50% sell thru, after a few months my 90 day sell thru is 80%. I'm now making more than I was making at my job. I also think I quite a year and a half too early. but that forced me to adjust my business process. I also support my family on just my income alone, 2 kids and a wife.
@@jeremiah03101 Great Job! It's hard work, but so worth it. I admire you providing for your family. I did that as a single mom working three jobs. I retired from bookkeeping and bartending about 2 years ago and am making my living on reselling in my 60's.
@@EmilyButler-ci7ql😂😂😂
@@EmilyButler-ci7qlyup,low prices are always a race to the bottom and only sustainable with high enough volume
I Dream of Genie. As for selling . I sell mostly vintage glass. I calculated 3x my money invested. I recycle: reuse packing and boxes ( for the most part) I do purchase Bubble wrap. Your profit is made on “ the Buy”. I purchase with cash only. Cheap. No credit cards. Keep it simple and Grow my knowledge on profitable items to source. I enjoy your channels and content! I learn a lot from watching You. Thank you!
Agree with all of it. I almost always use free packing material, I only pay for tape and shipping labels. The money is made on the buy. Pay too much and you won't make money. Always look to grow your knowledge. Easiest way is to search sold items in a category and see what brings the $$.
My entire business model is built on investing $6-$8 per item, Selling for $20-$30 on eBay, and netting $7-$10 per item. We sell 600 ish items a month. I could buy ten times the inventory I do, so its scalable If I wanted to work more. I'm netting 4-6k a month. The idea you cant make this work if you aren't making 1000% ROI are just misguided. I'm a grinder and I work hard.! I don't care what my hourly rate is. I'm happy and I'm the boss. By the way, I use my credit card all the time because I love the points. Pay it off every month.
Yeah, I know there’s people who have a reason to use them but credit cards just scare me. Some of us have wounds.😮
Your inventory system makes me anxious and I’m wondering if you could tell us if there’s a method behind the madness other than your hat bins? I absolutely respect the work that you do and the way that you do it. I’m a new subscriber and look forward to learning more from you.
I do exactly the same thing, using the cash back credit cards for every purchase, and Always pay it in full monthly. Also don’t mind buying an item for $20, selling it for $40 + shipping, and netting a $11 or $12 profit. Over time, those profits add up, and who doesn’t like making a 50% profit. Heck, there’s plenty of small items I make only a couple dollars on, but again, a 25% to 30% profit is A.O.K. With me. Just having some fun.
Do you sell a particular niche item(s)? Or do you just sell random things?
@@Quickdraw1111 My niche is preowned jewelry.
I get tons of my stuff ‘free’. Actually lots of it is from sweat equity! I’ve done several clean-outs after estate sales. At my age I wonder how long I can do that. I also have a couple of friends who say hey I’ve got a box of stuff I’m ready to donate, do you want to go through it first? I’m not too proud to go through and take what I can sell. I know which thrift shop they want me to donate the rest of the stuff to. I also am happy to look for items they want and when I find them at a thrift shop I buy it and give it to them. Don’t kid yourself though…I still love the hunt and do that on a regular basis but am picky with what I buy and how much I spend. I was sorting and reorganizing my eBay area in the basement today… and oh my…that death pile!!! Maybe I’m not as picky as I think I am😖. groan.
I make so much money on travel. My keeping track of mileage is a major write off against profit. Many years I’m driving to pick so much, the government allowed this last year 62.5 cents per mile and making actual $18,000 to $25,000 on legal annual mileage write offs which is so much more than keeping individual receipts like gas, tires, brakes, engine repairs, oil changes, transmission cost even rental costs if your vehicle goes to shop. The allowable standard deduction from profit allows me to keep money to reinvest
That I don’t pay taxes on. Winner winner chicken dinner. Love this business.
Yeah, the mileage write off is the way to go 👍
I've been making money just selling books and used car parts, it's not a lot per sale but volume is where it's at ,
What kind of books?
Yes volume is the key!
Sound like a wal mart store or a chinese seller.
That's my strategy
Mostly non fiction and older books
The credit card example may have been brought up as many use a dedicated credit card to keep track of their purchases and expenses. If one goes into selling on Ebay expecting to make enough sales in 30 days (It can sure seem that way from some YT videos) to pay off the credit card monthly, that can be the issue. Many, many items are long tail and can take months to sell. Seeing expenses add up while waiting for sales will discourage many people. Even if they are using cash, it can be discouraging. The old adage, "You have to have money to make money", is true with Ebay too. It may not be as much with other businesses, but you still have to be patient to see a return on your investment.
Bam! I guessed $90! And I haven't sold the first thing yet because I have been learning all I can before I do. It's because of you and others who share their experience and knowledge that the rest of us can get off to a good start. Thanks, Kevin!
You mentioned a very good point concerning time with that sell that I don’t think people understood. The product was clean. All you had to do was take pictures and list. That’s a huge deal if you’re going off an hourly rate.
Sometimes you have to research the item, do a write up, quality photos then packing and shipping. Don’t forget people pinging you about questions and requesting different photos. I had a person wanted to see the item outside in the sun. Another wanted to see the earring on my ear. I just want to sell items to get them out of my house. Kids don’t want anything and my husband and I are getting older.
We still have an ebay account but we use it as a way to advertise our Brick and mortar location. We cut back to the smaller size store and we really don't post that much on there. We sell antiques, have a brick and mortar store. We get more walk in traffic than ebay simply by having a facebook page and costing things as they come in. Our time is valuable, so listing photography, taxes, cost of sales just makes no sense on Ebay. People who are trying to sell Yard sale junk are now competing with chinese drop shippers who are selling new products. People work way too hard trying to make living on eaby and there are better alternatives..
So you’re using eBay to promote a physical store? Cool I didn’t know they’d let you do that.
If I had money to open a physical store I would I sell games it's really hard to find games if I had a physical location games would just come into my store and I could just buy them off of people but I'd probably go out of business in like 2 months just because they're probably wouldn't be that many people interested in that kind of thing around here
I Dream of Genie. Hey sometimes those bread and butter items bring in a steady income. And of course others just take time to sell. Love your videos.
(I DREAM OF GENIE)! Amazing Sales! And so agree with you that “TIME IS $”! I love the Song playing in the Background at end for Memorial Day”! GOD BLESS YOU AND YOUR FAMILIES AND EVERYONE STAY SAFE AND ALWAYS THINK POSITIVE”! Love seeing the kiddos! Man they have grown so much Kevin! I love how you instill them to make their $ for their wants and needs. I did the same for my little girl and she is doing the same with her 3 children. And they are Homeschooled as well even the 3 yr old. Never too young to learn as far as I’m concerned! Stay Safe this Holiday and Have a great one and anyone in your families that were in the Service! Plz thank them for Service❤♥️💜🤗💪♥️🇺🇸🙏😇
I'm retired even with slower sales my operation cost is under $200 a month including my climate control room & premium store fee. It's about your operating cost, cost of goods and shipping cost. It also requires discipline in listing & shipping I have built my listings to 3900 items +.
People that make those comments to Kevin like that could never accomplish what you and other good resellers do. They have been making excuses their whole lives basically sabotaging themselves in the process. I’m also retired from 40 years of sometimes hard labor and I think that can be the key sometimes. I could do reselling in my sleep compared to what I used to do.
More listings isn’t a flex. Better to have 200 items listed with a high sell thru. If you have thousands listed and also have a decent sell thru good for you
200 Bennie babies?
Started here a couple of months ago with 100$ cash and have turned that 100$ into 1500$ gross. Growing the store very casually and honing in on products that have a fast sell through rate. Just a hobby seller so cant complain. I will be teaching my kids how to do this when they get a bit older so they can generate cash flow from an early age and appreciate the importance of math, money and savings. :) Thankyou for another great video!
I only do this as a hobby to sell things i love so i can build my collections. The cheaper items $20 and under might not seem worth it, but if they list and pack fast, those few dollars profit can add up quickly and help in between the bigger sales. Im willing to pay up for more expensive items. I know It will sell fast and are easy to ship even if i dont double up on it. People need to learn to break down what they'll make before they buy the item and determine if its worth it from the moment they buy the item to when it ships out the door and all fees are taken out. Also, have a way to sell or get rid of old inventory
I dream of Genie. On higher dollar items, I like to double my money or more. Of course, on low priced items, it has to be much more. Like you said, once you have been doing this for a while, you can figure it out in your head fairly quickly.
Estimate profit 70$..photos and listing 15 min packing depends if you bubble or paper it use a recycled box or new. Ruff estimate with all new stuff 15 min max shipping supply max 10$
Henry David Thoreau said "As if you could kill time without injuring eternity." Just one of my favorites. Thanks for your channels
if the guy isn't making any money, why is he paying income tax
Great vid Kevin. I've also learned to calculate profits while I'm picking due to research and experience. Happy Memorial day!
The same reasoning applies to pawn shop purchases and sales, and inventory management at any retailer. It's all about the initial investment, how quickly you can move the goods, and the net profit.
I dream of Genie. Great job breaking down reselling numbers and keeping it real. Always learning so much in your videos!
I've always lived by 10x your money when I buy (for the majority) so there is plenty of room for fees, offers, etc. Everything else depends on the price and sell through rate.
What is your favorite thing to sell? I like Records and Legos
I dream of Genie! I absolutely love your channels. I have only been reselling for less than 2 months. I gave myself 1500 startup and have grossed $4700 so far with around $4000 listed and of course I am building a nice little death pile. I have learned a great deal from you, and your style of delivery keeps me entertained, and with my ADHD, that is saying something! I am looking forward to the next video but will keep busy watching the older ones to soak up as much of your knowledge as I can. Thank you again for all you do. I don't know where you "find" the time, to do all you do!😁
I agree with what a couple of other people have said, it's easier to stick with all of this when it's a hobby that you thoroughly enjoy and it brings in side cash. I think it's an extremely productive hobby to have... I'd like to go more full time with this eventually. So instead of ebay, what are you going to use instead? you aren't going to stop picking
I Dream of Genie! Fought with my brother over that show and the Monkees. Brings back good memory. Wow, time flies by!
I Dream of Genie! Thanks for all the info! Just started my first store. I have sold 3 items 😁
Me too😂😂😂! Memories without a doubt! The good ole days💜💪♥️🇺🇸🙏😇
I Dream of Genie! I love watching your channels. your information is so straightforward. I sold years and years ago. I have been gathering inventory to start again but nervous. Crossposting makes me nervous so I probably won't do that right away. Keep the great info coming!
I know people complain about fees, but some are tax deductible because of running a business. It's still way cheaper than trying to sell stuff having a brick and mortar business. People are doing the math wrong and they get discouraged. Having a brick and mortar is way more expensive and you will make way less money if you don't know the numbers. Some people have big expectations about selling online. You have taught me slow and steady will win the race. I tell everyone I know that you are the one to watch and learn. You keep me up to date on everything eBay and I appreciate all that you do!!!!!!
I dream of Genie. Loved that show. And I love your content. My husband and I are full time resellers since about 2003.
I Dream of Genie! I learn so much from your videos. Thank you for all that you do for the reseller community!
Just started to dive into reselling two weeks ago!!! Done eBay lightly for 2years. I was at yardsale in Lynchburg sourcing and the people there mentioned you had just been which is how I found your channel! I dream of genie!
I absolutely agree with you! I feel that you did an amazing job breaking things down. Obviously, some things will vary but overall you nailed it! I hear (read) so many people complain about ebay all the time. I just couldn't be more grateful for it! I have sold off and on since 1999 and am now full-time. Just starting back up in January I am now thrilled with the results! I just need to ramp it up now that I'm back in a groove. What we put into it is EVERYTHING. We hear it so often that we make money on the buy. I buy super low whenever possible and pay attention to sell-through rates, and get as much of my shipping supplies for free as possible. Ebay is helping me put my life back together after Hurricane Ian (we are still rebuilding here in Florida). I am absolutely certain that there is going to be so much more than that because I know what I am capable of. That's where the money is truly made. Keep up the awesome work, I appreciate you 🥰! OH, I almost forgot! I DREAM OF GENIE (or I Dream of Jeannie 😉)
I dream of genie - I love your videos Kevin - Keep up what your doing you help us resellers so much more than you know.
I wanted to comment on this earlier... Your mind set is so amazing. Sales were picking up then hit a wall again this weekend. I feel tomorrow will start another good 4 to 5 days.
You have been finding some cool stuff too. I look forward to all your channels videos.
VERY Simple , the more and or better supply of shipping supplies at your disposal the more time you save !!
Great subject. I've only been doing this for about 9 months and am still learning the judgement of what to buy, have bought many items that wound up either not being worth much or takes a long time to sell. I'm getting better at picking far less items, but ones that will sell high or quickly. Even paid up on a few items, which was scary, but worked out ok. Thanks for all your content across the channels. I dream of genie.
I Dream of Genie, just started posting on line. Thanks for your videos and all of the utubers I have watched
This is such a good channel with what seem like really nice people. Thanks for the great videos!
Our pleasure!
If you live in a urban American city there are locals who can go inside local businesses and walk out with lots of items for free. You can purchase the items they come out with for practically nothing. I usually buy their shaving razors, batteries, and women’s hair products. I’ve made a small fortune selling them on eBay.
I don’t think eBay was set up for the nickel and dime garage sale reseller …..trying to make a buck…..It’s more for the niche items, the vintage and the homemade -custom items. We’ve been selling custom hand painted to specific order instructions of buyer, full sized reproduction Carousel horses and rocking horses.. for 25 years… they sell for an average of $3500 so you don’t have to sell that many in a year to add to your income ….never had a problem. It’s when you start listing Willy nilly cheap items .. that’s when people get frustrated on shipping and how eBay works.
2:40 Those phones are also called Fire Phones back in the 50's 60's and the 70's when we never had 9-1-1- Services Volunteer Firefighter would have one Fire Chief, Fire Captain and all other fire officers would have one and their would be one at the Fire station on the desk someone would call in saying a report of a fire firemen would get in the trunk and go
I dream of genie! Love watching and learning from both the picker and flipper channel.
Well, I just started following you recently here in Virginia. I was inspired to start an eBay store by you and a couple others. I can't imagine having the amount of inventory you have. I would never put anything on a credit card. I started my store with a hundred-dollar bill that I found. I have not invested any of my own money, I should do about $2,000 in sales my first month. I have 60 items listed. I would literally have to go look for more items to list tomorrow I do not have a back stock. The Goodwill and post office are less than a mile from my house if I need. I've learned in the past 3 weeks that if it can't sell for around $30 (at least) and be picked for around $5 then I don't want it... After fees, if i take a lower offer, at least make $10 bill off that sale. $20 if im lucky. Buuuuuuut, 30% of my items are thing I purchased for around $3 to $5 plus gas, plus time plus energy and I will sell between $40 and $100. 3 weeks into this adventure and I'm shipping 10 items out tomorrow.
I love your approach to the business. All the experience plus your teaching skills are invaluable to a retired lady, looking to sell online w/ eBay and make $$ not just for fun! I dream of genie!
They do have a point, but that is looking at that single item and basing the whole business model on that one sale. When volume sales comes into play you end up making anywhere from $2/hr to $500+ hr! I know some days I dont make anything and some I make $100/hr.
Honestly it's too hard to try to make "hourly" pay in reselling. I aim for my yearly salary to be $X amount. You still have zero control over that number, but it keeps a idea on where you should be on items and listings. My ebay store has enough money in it to pay every bill I have off and sit comfortably, but the stuff doesn't sell immediately. Theoretically I have $100/hr+ in inventory.
I dream of Genie . I appreciate what you do for Charities. May God's Blessings be upon you, your family and your business
I dream of genie, sell through rate makes a big difference, I will buy lower margin profit items if they sell fast, something with a slower sell through rate has to have larger margins in order to buy. Great video.
I Dream of Genie watch you show all the time, the flowers and song at the end was beautiful!
I dream of Genie!!! Love watching you and your sweet family
"I DREAM OF GENIE" Thank you, Kevin, for all of your advice and guidance. Love your channels!! I'm in my second year of reselling, and you have been instrumental in my understanding of Ebay and how to make it work for me. GOD Bless You for all you Do for this community.😊
Thank you for the kind words
You get me stoked to go pickin'. Thanks for the education and the knowledge that you share.
Nothing better than first thing in the morning drinking coffee and watching one of your videos
Doing the same! 😜
Or cold cola
The ROI calculation has to involve the cost of labor and then be annualized. You always have the option of putting your money in an S&P 500 index fund and getting an average annual return of 10.5% which doubles your money every 10 years. I think it is better to just think about the profit per hour on an item by item basis, like you said. And yes you need to include your sourcing time. Keep a log and get an average per hour of how many items you pick up.
I dream of Genie! I"m a new re-seller, 3 months in. Love learning and finding hidden gems. I recently purchased a silver lined porcelain cup for 59 cents. After researching this item turns out it's worth a little over a $100 made in Mongolia. Very cool cup!!
Great video. Learning lots from you. Thanks to you, I dream of genie when not reselling.
I dream of “Genie”! - a favorite show from my childhood! (My grandmother had two of those Jeannie bottles! Wish I had those now)!
I always wanted to resell but just didn't have the time because of the 9 to 5 grind 😪.. I got hurt at work 2 yrs ago and am now in a wheelchair!.. I have all the time in the world now.. been selling sports cards full time and wife is selling all other stuff!.. we watch you and learn from you all the time, kev... our knowledge of what to look for has been vastly expanded. Not doing 80 000 yet though.. lol.. thanks for always creating great content!
Sales are up and down but still flowing great which is good. I dream of genie. Thank you for all you do!
I'm going to have to agree you had money to spend that was yours. Whats left thats actually yours after may be close to breaking even. You must include gas, time sourcing, time listing and yes the big one federal tax. There is a shear large amount of volume to actually truly make out. 1 dollar to every 25 you might make out and lets be honest 1 hour sourcing unless at a good large auction definitely digs into profit.
I dream of Genie! Another great video. Thanks for the info, Kevin!!! (You’re also helping teach my 10-year-old who helps with our eBay store) 😊
Awesome
I dream of genie! Thanks for the informative video. Also, loved the outtro. Freedom doesn’t come for free!
I ben saying Ebay is back to "normal" pre 2020 I think some newer sellers don't understand the full extend of the Ebay grind pre pandemic and we are just getting back to that time when you have to list good stuff consistently because the days of listing everything and it sells are over imo.
- "I'm leaving sourcing out of the equation". Well, then we can't accurately assess cost.
- $2 in the miscellaneous expenses is low.
Even though he used all the boxes he had for free, that doesn't mean they don't have a value that could be considered. You're not always going to have a free box laying around, and even if you do, there's still a market value that could be assigned.
-Not to mention the cost of everything that he can't/doesn't sell that he purchased that sits or he loses on.
-The equivalent cost of storing all that stuff. Ft2 has value and while he may already have space available for this stuff, if he didn't, there would be a cost associated with storage and a value/item could be assigned.
- Listing items takes time, shipping takes time, sourcing takes time. While we may claim that we enjoy doing those activities, and it doesn't matter anyways, it certainly is a cost.
Without taking all this into consideration, we couldn't accurately come to a $/hr rate.
And because of that, video cannot accurately describe if it's worth it, or not.
A better thing would be for him to take all the time he spends on this stuff, accurately access his total revenue, subtract all his cost (yes, all cost. Equivalent of what it would cost to pay someone to source, ship, list, store, etc) and the come to a total profit.
After he came to that total profit, he would divide by hours spent (all hours) and could come to an hourly rate.
We buy things so cheap that we make a great profit per item. We have hit home runs on things we bought in bindles. We hope to at least triple up. Besides that, we are having FUN!
I dream of Genie :) love Turner's skeleton pumpkin shirt. I always keep an eye out for multi-quantity items, but they don't happen often. I'm really bad about knowing my exact numbers, but know my rule of thumb and 2x profit is not enough in most cases to pay the bills. More like 3x-4x minimum, but depends on the price of the item - like you said it's a sliding scale.
I Dream of Genie. Thanks for all the information and education you share with us. Love your Channel.
I buy primarily on credit. I use the 2-3% rewards on crypto!
I understand your point though. I have a flexible budget depending on the deal at the moment. I am thinking of future sales when I buy super bulk at cheap prices. I don't really count my hours of sourcing or even listing in a $ per hour mindset. I love doing it so it doesn't matter most of time.
I dream of Genie another great and informative show
Thank you Kevin & family 👪 🙏🏻💙🏴
If you buy in bulk you need credit cards! I buy winter stuff in summer so I know I won’t sell for 6 months and do try to pay cards off.. eBay’s new reduced shipping is s killer .. I’m trying to increase my shipping weights but there is no longer a buffer for fees and packaging! The only solution is to increase prices but then I’m not competitive .. 🤷🏻♀️
Why do you need to buy winter stuff in summer on a credit card?
@@sarahsavesit they buy bulk items that will sell better in the winter, during the summer. Im guessing Christmas items, winter clothes etc. which when you buy in bulk, it’s usually a large amount of items= larger amount of money
Some of these comments are so motivating I am in some debt and I need to get free from it. I have sold a few things on eBay and I know if I keep listing sourcing I can come out a winner and free from debt. The resell and eBay community truly has some amazing people 🎉🎉🎉🎉🎉
I dream of Genie. I just re-sell for fun and it keeps me going which right now is important. Thank you for another great video.
I Dream of Genie. Kevin your video's are the best out there on eBay related content. I have a ton of owned family products that I have been wanting to start putting on ebay and I just have to get started. I have sold items on eBay over the years but as now I am retierd I want to start getting more into selling on eBay and your content has helped me a lot on getting ready to start up. Thank you for all the info you share.
Wow, thanks!
Let’s not ignore the fringe benefit of sourcing items on the cheap that you keep instead of buying full retail. What is freedom worth versus the 9-5 grind with only a handful of vacation days ? Roi versus the bank is obviously higher. Source at 4X for cheaper items with a minimum comp filter. Sell through rate considerations need to be quickly searched prior to paying/on sight. Good video Kevin ✌️☘️🇺🇸🍻
Yes. Very good point.
1000% these are what i have called for 25 years for full time reselling as a benefits wroth there weight in gold and we all know gold is worth Money to me those benefits you speak of and the benefits you didn't speak of to me is worth the same as gold
I Dream Of Genie! I love your show and have learned so much from you! Thank you!!!
You may not be able to make a living on eBay but you can make money. Those two concepts are completely different. I sell stuff often as well as buying stuff and I never lose money on the stuff I sell. The key is never feel you have to make a sale. I have had stuff set for months but eventually it all sells.
Appreciate all the great topics, conversation and coaching! Could really use the bag for thrifting! I dream of Genie!!
No one will be making anything once the new tax regulations kick in for resellers gone will be the days you can write everything off on the 1040 as a loss.It will now be an instant audit according to my tax preparer whom advised me to find another resource for income.
We don’t have a landline phone. How do you test old phones?
may have a dial tone after plugging in
Look for an old VOIP adapter (Vonage) they can be found pretty cheap and can be hacked easily to provide dialtone. I have a Linksys PAP2 setup as a ringdown circuit with Line 1 downstairs and Line 2 upstairs and in the garage - no need to even dial, just lift the receiver and it rings where you want it to.
My mom still has 2 original ones. She stopped using the rotary and swapped it for the push bottom touch tone which she tested by plugging it in to the phone port.
I dream of Genie. That was a favorite TV show of mine, you've inspired me for so many things in reselling, now I'm searching for old I dream of Genie shows.
After I retired, I found myself not really doing much, except day-to-day work around the house and a few vacations here and there. At that point I knew I wanted to keep active and also not xxx on social security or start depleting our retirement accounts, so I started reselling. It helps keep me busy and I enjoy the hunt, regardless of the hourly rate, though I am diligent to make sure I'm picking up profitable items. I Dream of Genie
I am new to your channel do you have a tour of the outside of your shed? You have one of the best setups I have seen. Or please point me to a previous video if you have already done this. Tysm 🎉
I Dream of Genie. Loved the Jeannie show as a kiddo. Cross arms, nod and poof!
I Dream of Genie! I have been selling on eBay for 25 years part time as a hobby and because I love it. I think there are a lot of new sellers that think they can get rich quick without putting in any work. Some people also get stuck spending too much time researching their item and it cuts into time that could be spent listing more items. Keep it simple. List items you are familiar with until you get the hang of eBay. It gets easier with time. You get a feel for what sells quickly vs something that is going to sit in your store forever, and what the profit margins are.
I dream of Genie
I think the biggest thing in more short year of selling is people pay to much sourcing items that have no sale through rate. Couple that with they think they should get top dollar for every iteem.
I use a credit card for every purchase, I've never spent a dime on interest because I pay the balance every month. In fact they pay me 1-2% cash back depending on which card I use.
I did it for 6 months hardcore. Made some good money, but it became clear to me that to do this successfully, you really need to manage your time well. If it's "worth it" really depends on your picking knowledge and how you manage your time as a buyer and seller
As a new seller, I'm selling tshirts, books and novety items. I'm pretty happy at time. I'll probably never sell heavy items, to keep cost down. I Dream Of Jeanie
Cool stuff I used to sell on Ebay until they kicked me off being below standard just as a few sales put me above it. They refused to allow me to dispute it.
I think she means selling for 2x paid price, not doubling her money after deducting for fees, shipping, etc.
Yeah I get that.
If you walked into a thrift store and they were selling a tiffany 18K ring with diamonds for 75 dollars, you would use your credit card if you didn't have the cash. So there are times where using a credit card makes sense.
Exactly! There’s also people that just buy online in bulk.. maybe disabled .. you also get % cash back.. it’s how you handle the credit card debt and manage buying ..
I disagree a debit card attached to an account makes sense borrowing money unless you absolutely have to never does
Like I said in the video it would have to be incredible.
@@michellem6136
Borrowing $75 to buy something you can sell for $7,500 makes sense every day of the week and twice on Sundays. As long as you pay it off the next month it's no different than using your debit card.
I dream of Genie. I enjoy the variety of items you sell...keeps it interesting.
Recently got into reselling about a month ago love your videos. Also I Dream Of Genie !
I had a $600 gold bracelet return this week but a 7k week so it evens out a bit😊