I've have been selling on eBay part-time for over 15 years & started full-time a little over 2 years ago & to be 100% honest it takes a certain type of person to do this full-time......You gotta have qualities & experience in many different field's & I've been collecting or selling vintage toys/sports cards/electronics or antiques my whole life basically & I'm only 42 but it took a lot of time & dedication to learn what I know & now I sell over 1k a week buying only from local source's & I'm still climbing so it's definitely possible with lots of hard work....... I haven't started TH-cam yet but that's the next adventure because I'd like to share with people on how I do this everyday......Great Video & just subbed......
I used to sell lots of what you sell but it is getting very hard to find good stuff to sell now.I used to get so many things from garage sales and flea markets but getting very tuff now
@@etchosts8162 This is why I've made this my goal. My dad owned his own business for 40 years, so I'm well aware of the drawbacks and challenges that come with it - but at the same time, being your own boss is a massive benefit that can't be understated.
Thanks! This was very helpful. Yes there is a lot to it. I enjoy the sourcing and am still working on expanding my niches and ways to get the best inventory that will actually have demand! I look forward to watching more of your videos.
@@etchosts8162 Absolutely agree. Being your own boss should always be the ultimate goal. Even if you start working a part-time job, you’ll eventually transition to working for yourself.
My wife and I full time resell. We haven’t focused on one particular thing because we love sourcing in bulk at liquidators, storage auctions, auctions in general or yard sales. We have several avenues for selling though. eBay is definitely the largest but we have an indoor flea market, yard sales and a huge 10 outdoor flea market in October. Right now we average about $800 a week on eBay (it has been higher). We limit ourselves because we like sourcing more than we do the listing. Thank you for sharing your thoughts.
I watched TH-cam my whole life and this is by far one of the most well spoken smartest individual I came across. Bravo! By the way you speak and deliver information you deserve everything you have. Thanks for the advice :)
I really related to this video a lot. People don't realize that although selling something on eBay is easy, making real money is a lot of work and takes a lot of thought.
I have a rule. I don’t buy just anything to resell. I buy things my size things that I need anyways or things I think are cool myself. Essentially I’m only selling my personal collection of cool things. I feel it helps me stand out with a bit of character. I’m not worried about stockpiling overhead. I like sharing cool things. If it sits on my bookshelf or someone else doesn’t matter to me. But I won’t bring myself to be one of those “flippers” that just sell anything.
Also want to add that I loved when you said "Just because you read about it or watched it on TH-cam, does NOT mean you can do it. You got to practice" . No wiser words have every been spoken! :)
Yea, I source almost every thrift store I go to. And my main niche is Electronics and video games on a good week I can make almost 3k. But average around 800-1k a week, but the profits always be at least 5x what I paid for
Im A+ certified Comptia, 901 902, and tbh...with goodwill and yard/garage sales specifically, if you know how to fix up consoles systems or old computers, you can make up to even 5× or 10× what you paid for them after referbish.
I love selling on eBay I been doing it for almost 20 years.. it can be fun and easy to sell on eBay you just have to find your easy selling items that are easy to sell but also easy to ship so it doesn’t wear you down! I hate selling big items that’s why I sell small items easy to package and to ship just make a plan for your self and your business so that you do have fun working for your self. I hope this was helpful Good Luck 🍀
Just contacted my first supplier with a wholesale pitch. Been selling their product sourced from Amazon...if I can get it direct it takes my biz to the next level. Inspired by you.
"The majority of people don't like listing more than 4 hours" me over here listing for entire days some times lol but I like to do burst listings, I'll list up 40-60 in one day about 2 or 3 times a week and then every week delist and relist between 70-120 listings. Idk works for me. When I list up a bunch in a day I'll make between 20-30 sales in 1 or 2 days after. Oh, little tip for those who made it this far, local free listings are a great way to source things for free. I pick up free things all the time and fix it up and resell it. I was given an autoclave (sold for 1500) and a sentry air system (sold for 650) for free because the guy needed help cleaning out his storage and removing trash from it. He had to be out that day and couldn't sell them himself in the time frame he needed. Seriously. You would be surprised at what cool things you can get searching your local free listings.
There's so much free access to where you can learn that knowledge with google and youtube that you just have to invest some time into it and make yourself do that not so fun part of the business
@@AyeWall Yeah, there's plenty of info out there. I feel like business is kind of like music though. Like one of those things that some people will never be able to do.
@@wtfyoumeaninvalid i suppose so, not really sure. It came pretty natural to me. I went from what he said of sourcing around my house because it sounded fun to 4mos later i'm doing $6k+ gross a month on just ebay and now doing amazon fba as well.
I genuinely saw a TH-cam video and thought “hey this is pretty easy” and I started with 1 item and now I’ve been doing it for 5 weeks and I’ve done $1500+ in sales and have a profit margin of around 24-28% after all costs and expenses. This is now become my weekend hobby and I think it’s more fun than actual work for me, but I understand where the full time aspect comes in. Good video!
gronet75 it honestly depends. I use eBay, Mercari, Poshmark, StockX, GOAT. It all honestly depends on the genre you’re selling. I personally stick to shoes and clothes, but will sometimes branch out on automotive parts if I come across them at an estate sale etc. I mainly stick to retail arbitrage and the goodwill for my findings, but have made decent flips on vintage car parts (since I’m a gear head) lol
I agree with most. I am fringe full time. I have a full time 6 figure job and this honestly started as hobby to see if I could do it. I honestly commit about 8 hours a week. The key is to develop a route. For me I travel about 75 miles between 3 states to purchase items from thrift stores, marketplace, goodwill, and salvation army's. Find a niche. I am into media and video games. Find out who the managers are to learn when your specific items are being laid out and show up early. Having a route and niche will be the 1st steps. Media is the best as items are small, easy to ship, and does not take up space.
Thank you Joseph that’s a great advice to share are you still mainly doing video games VHS books sick DVDs or are you finding other items that you like to sell any antiques Cetera
Like some of these other folks, my wife and I are starting our own business. One thing I’ve been saying is inventory buildup = more sales. Trying to get it to where it’s no longer an investment but lot purchases are made from profits which in turn = more sales. You sir are the fourth TH-camr on reselling I’ve subscribed to and this is the first of your videos I’ve watched. While all have their pros and cons, this has been the most informative. Thank you for that. Looking forward to seeing what else you have and what else you put out.
This 48 yr old momma knows her Pokémon! It’s Bulbasaur! I’ve raised 4 boys and one tomboy and they all love Pokémon! Now that my kids are almost raised, I’m watching your videos and learning how to grow in a “new” direction! Thanks for sharing all of your hard work and knowledge with us! It makes a difference to many of us. 🥰
Pokemon Bulbasaur, cute! I'm still downsizing my home for now. Will definitely come back to this video when I need to start sourcing and need a good reminder of what I can accomplish and can do. I remember watching you when you started out in your garage and had very little furniture in your house. Very cool to see how you have grown and your accomplishments. Thanks!
Honestly I do this part time, I go to garage sales , goodwills buy cheap items for $1-3 dollars . Sell for $10-15 it does take time and gotta realize you gotta use gas, boxes to ship , tape I understand you
The advice in the video is sound, but there was no discussion of the most essential consideration -- demand. There are hordes of people selling niche products on Ebay for which demand is limited (or non-existent). You must sell what customers want and will pay for frequently. Otherwise, you will tie up capital by holding too much inventory for too few sales. See the video on the top niches for selling on Ebay as an introduction to the demand side.
I just started selling, a really long time ago a bought a huge lot of strategies. For 20$ got a bunch of Pokémon ones, a bunch in bad condition but about 4 in great condition. I currently just sold the 4 good ones and people are bidding and sending offers on all the beat up ones. BEAT UP, it’s as you say. You gotta make sure it’s desirable and in demand
Daaamn I’m a broke student I will take anything, been selling on vinted and sold 3 items for 30£ 😅 it took a long time to make the first sale after that I’m finding it so much easier
The problem is that people watch all the picker videos on TH-cam and think that it’s an easy business because most pickers only show when they’re successful. They don’t show all the times that they don’t find any inventory to sell. Another thing that they’re not prepared for is all the paperwork and documentation that you have to keep for your taxes. Especially now that eBay is forcing you to report everything.
Bulbasaur, a highly underrated Pokemon! And you're so right, it's different when you begin to transition from selling all "your" stuff (i.e. the Columbia boots off my feet) to getting new inventory!
I have been reselling for years and this is what feeds my family and myself its easy but you just have to be on top of your game and treat it like a real business real job and focus on changes in pricing and listing and sourcing is a everyday thing to be honest its always on my mind to make more money then I did the week before and making connections with different people all the time you cant be lazy stuff must be listed and you always have to have sourcing on the mind all the time every store i go into thrift store walmarts targets whatever im always on the hunt just yesterday 74 listings in 1 day already had 39 sales from just those listings I balance this reselling and my life and its been amazing steadily stacking my cheese 🧀 and still able to come and go and have a normal life vacations relaxation and what not its all about being focused and having discipline
Bulbasaur ...how cute!!! Love that pokemon..love the cute little stuffy. As far as 1000 a week. My goal right now is $700 a week..and i have been breaking that goal consistently....i am almost there and proud of myself
Our mentor showed us his bank account and we were hooked. Saw out first listing go from low to high on the matter of hours. Had over 6000 items in all categories on an e-commerce site. Joined forums to sell my goods worldwide and still lived day to day because it's a crap shoot. So you are 💯 correct. I got up at 6 and started work at 7. Stopped around 10pm for 7 days a week. Had specific sources and even sold for others but you need to be more dedicated too then working for a boss.
Great point on commissioned sales reps being poor at building this type of business. I've been a sales rep for most of my professional life, earning a good salary while I did it. It's easy to sell and differentiate a product once it's on-hand, but it's another story entirely when you have to source, store and and ship the inventory you need on-hand to sell.
I love your videos! You're very easy to listen to. So many TH-camrs are not good at explaining or describing, or they have speech habits that make it difficult to really listen to what they are saying.
Thanks Chris! I started on Ebay flipping basketball cards (as you know, that market has been insane), but I wanted to pivot to something less volatile and more sustainable. I still like to grade and flip cards, but your channel has helped me immensely. I source every week at garage sales, but I'm becoming nervous about sourcing in the garage sale off season. Currently, I am a full time teacher and dedicating several hours each day (and more on the weekend) to reselling. I would like nothing more than to scale up to a full time reseller in the next 1-2 years (teaching is tough these days). With your help, I think I can make the incremental progress towards that goal. You probably don't have the time to read this wordy rant, but I hope that you do. Thanks!
Hey Chris. You do such a great job on here helping us. You have the voice of a radio dj and I love listening to your tips. You inspire us to work harder.. oh n of course.. bulbasar
Sourcing is not a problem for me I’ve been ‘sourcing’ my entire life 😂😂 Also I love how you think about what a person working for you can make for you! I think the same way and pay them accordingly (at least the one time I was selling on Etsy and paid someone to help me lol)
1 You need to know what your selling 2 You need to make profit 3 You need to reinvest in your stock 4 Use other people’s knowledge to help 5 Pay the Fees 6 Make sure the buyers happy 7 Be patient 8 Use Quickbooks or an Account 9 Work hard 10 Be grateful BONUS Be creative
I worked in a warehouse that was someone's ebay merchandise. The owners had 10 employees and we shipped out a truck load every day. All minimum wage workers and were treated like minimum wage workers. No benefits, they send you home the second the work is finished if you have full 8 hour day or not.
Don't know anything about the Pokemon but what I do know is that I learn from your videos and I appreciate you putting the effort forth to create them!
So many elements to being successful in this business. Buy low, sell high would seem to be an essential one. This can apply to bigger items too: houses, cars, yachts, etc. My first house that I bought which I sold 3 years later, netted me $40K (this was 30 years ago). Not bad for not even trying. My current house will do much better.🤓
I DO I make my living selling on Internet. I sell on Amazon, ebay, mercari, etsy and I manufacture clothes and sell it on line. I think the future is manufacturing something.
The future and the past is always about manufacturing. Or you can say making stuff cheap and sell it for a higher price. If we can all own the mean of producing then it would be amazing.
Bulbasaur! Love your Channel have learned so much. Working my store Parttime while working FT. Gaining efficiencies every. Only spend about 5 hours per week!
I do it full time and it’s funny how so many messages I get from family and friends who want to do it “because it looks easy”. It’s easy now for me but that’s only because I put in crazy hours. Now I can walk into a garage/estate and quickly pick up valuable items. Mix in that and my negotiation skills. That’s why am able to make huge flips. It’s funny that people expect to just walk into the business and be on that level.
@Canelo, The Man, The Myth, TBE. I've been debating this. I have another business that I have to be here for but I probably need to take a day off now and then and get out of my area to source, even just an hour away.
That’s why I keep my eBay business to myself (£600 profit a week) plus I have a full time job since eBay takes me 1 hour a day. Whoever I tell people about eBay they either think il tell them my main selling item or they think il spoon feed so they don’t have to put in any work lol
I get asked every week, is it easy? I always say no. As for NOT telling people, I don’t recommend it because I have a least 10 people who GIVE me free items to list and they want nothing in return. Just cleaning out their closets.
Bulbasaur! Thanks to my son's Pokemon obsession when he younger 😁 Thanks Chris for your tips and information. You are throwing out great nuggets of information that I need to work into my business.
Funny. I was listing things laying around my room that I haven't used just to kind of practice listing. I've done gig economy too. Thanks so much. Subscribed and like 👍
This video speaks the truth. I know way to many people that hop in like "oh this is easy" until they hit sourcing and their stuff isn't selling or they're losing money because the person doesn't know how to do market research/comps. Then I hear them complain like, "wow this business model sucks..." and in my head, I'm like "no, you're just bad at this and you didn't want to do the actual background work that it takes to become a real reseller."
I’ve been selling full time on eBay for over 21 years I think I do very well, for instance I bought and paid off my house early in 5 years with eBay money. I sell mainly antique tools, knives, military, gun stuff etc. Is absolutely no trouble finding stuff to sell, I have problems with buying to much. I go to a couple auctions a month and two flea market’s every week and that’s enough. I only sell using auctions and start most at $9.99 Try to keep 20-30 things up at a time and do 7 day auctions
Chris you always provide great content that I can take and use. Also exposes my weaknesses But sometimes you need someone to tell you the unvarnished truth.
It’s Bulbasaur Pokémon. I'm following you for one month now, I watch the videos while I work on my ebay store. Very positive your approach to work with others and share tips and ideas. Nice way to share life and living and be a team with your spouse.
I am subscribed and I always "like" but I usually do not comment. Wanted to tell you that I love this channel and your podcasts. You make me think like an entrepreneur not just a reseller. Thank you!
While I agree with you, I like to think you make the money when you get things listed. So many people just source and end up with the piles of stuff and that’s just being a hoarder
@@commonsense1193 Obviously you need to get things listed to convert that cash. But if you always overpay for items then you are listing to break even and not making a profit. If you dont source at all you dont have anything to list to make a profit. And if you are sourcing too many things and cant sell them again that is also an issue at the point of buying things and not when you sell. When you look to buy things to sell, you need to pay a price that makes sense, you need to buy enough to keep yourself busy, you need to not buy so much that you get overwhelmed and cant list a thing etc. The buying part is the most important part of any reselling business, everything else is work to cash in on that buying.
@@popfuntoplay ok, well apparently you are ready for a debate today after posting that 3 months ago. I however am not, just figured I’d disagree while drinking my coffee. I still disagree but good thing we are all entitled to our own opinion
@@commonsense1193 We all have different opinions, the question is can you learn from others and do others opinions help or hurt. I have had a lot of success reselling items over the years and I like to share my wisdom. We don't need to debate, because my opinion wont change and I suspect yours wont either. I will leave you with a case study. I had a friend who looked to buy large amounts of stuff for cheap then would list 100s of $1-$2 items on ebay. He spent a godawful amount of time listing and he had sales, 1000s a month. He was exhausted and was spending some much time listing packing and shipping and not making much money. I had to spend 6 months convincing him to stop with the cheap stuff, put more of that time he wasted listing $1-$2 items into buying and focus on items that make $20 or more profit when he listed. Eventually the lightbulb clicked and he realized, you make your money when you buy and not when you sell. You can sell all day but if all your selling is stuff that makes a small margin you will burn yourself out. Again I say its better to put the energy into sourcing and buying better items that sell faster for higher margins then to focus so much energy into selling. The selling part burns you out.
Bulbasaur. One of my best flips was a Stongbad "The Cheat" plush. Picked it up for $3. Sold for $160 with free shipping. Thank you for your knowledge Chris. You keep me motivated!
I am so tired of driving Lyft, driving so many hours per week, I am looking into this business and I've been looking for things I can buy and resell, I hope this will work for me and later grow, I like your advises
not true lol. I have $20 tins from 2 years ago that i stocked up on from target, they sell for $69 each now on ebay....Vintage is good, but if you know your stuff, modern pokemon is big money too
The Pokèmon on your box is Bulbasaur, number 001 in both the National and Kanto Dex, Venusaur recently arguably is at its peak or was at its peak in Sw/Sh for the Nintebdo Switch with Gigantamax.
The pokemon that was there was a Bulbasaur!!!! I love your shirt and mantra! Ive been on Ebay for about 10 years, but been doing it regularly the last 2 years, and what you said in your video, I agree 100%!!! I am in the process of getting a small warehouse for myself as well, now that since the pandemic, sales are going up online! I hope people see this video and take note. P.S. Really digging that shirt!!!!
I spent decades in IT consulting managing people who had gone to the best schools, worked for the best companies and had stellar resumes in a high stress, uber competitive environment. About 50% turned out to be marginal, at best. About 30% were reasonably competent and functional with regular oversight. Around 19% were solidly dependable and could operate both competently and independently. I can only remember a few dozen that I would classify as "superstars". Bottom line...in general...people suck.
For me the hardest thing was finding good prices on items to resell. I mainly sourced at estate sales and garage sales, but they left no room for me to make any money.
You can buy and resell directly on Ebay. There are so many thousands of stores, that simply putting in the hours can add all the value you need, e.g. seeking out the best value on items that will sell, giving better service than the other sellers, developing realtionships with suppliers, etc. Be sure to use a buying account and a selling account so that the more savvy buyers don't follow your reviews to your suppIers. I am in a small town in Alaska so no chance to source locally. It can be done I promise. If you have questions let me know. Start with $100. Buy items. Sell them for $200. Buy twice the items. And then just stack it from there. The you will have $1500 soon. And I turned $1500 into $50000 in two years with a 300 fixed price item store.
Trying to find items to resell at thrift stores is like trying to pass a kidney stone. Its just so painful because the prices at these stores are so high they make my dingleberry hurt.
@@ELFl-ew1dx No worries mate! I sense the sarcasm but I've saved you from future embarrassments. By the way, WITHOUT is spelled as one word. Have a wonderful day!
They sell really well on ebay. I'm almost out in my store. I have hmm maybe 20. The originals. Super awesome tell him dont cut off tags and put on a shelf...they hold value
Actually I doordashed for a year and made a 6 figure income doing so. I love to drive so I had no problem doing it. Reason I quit that was because eBay was already giving me the income I needed.
THIS MAN IS THE TRUTH!!!! I honestly can’t believe they let this video stay up, with all the truth you speak! I’ve watched thousands of videos about this on here and though some are informative, they never actually get to the logistics and real direction. Thank you my friend
I've have been selling on eBay part-time for over 15 years & started full-time a little over 2 years ago & to be 100% honest it takes a certain type of person to do this full-time......You gotta have qualities & experience in many different field's & I've been collecting or selling vintage toys/sports cards/electronics or antiques my whole life basically & I'm only 42 but it took a lot of time & dedication to learn what I know & now I sell over 1k a week buying only from local source's & I'm still climbing so it's definitely possible with lots of hard work....... I haven't started TH-cam yet but that's the next adventure because I'd like to share with people on how I do this everyday......Great Video & just subbed......
Hood for you. I’m one huge hurdle behind of you and just started my TH-cam though
*Good
yeah before i was only selling new product, just a few minutes ago i learned I'm missing out not selling used product.. exciting stuff
Can you show me?
I used to sell lots of what you sell but it is getting very hard to find good stuff to sell now.I used to get so many things from garage sales and flea markets but getting very tuff now
What I found is that when it becomes a necessary job it loses its fun and becomes just another job stressing you out
Its better than being micro managed at a job. Being your own boss is priceless
@@etchosts8162 This is why I've made this my goal. My dad owned his own business for 40 years, so I'm well aware of the drawbacks and challenges that come with it - but at the same time, being your own boss is a massive benefit that can't be understated.
Thanks! This was very helpful. Yes there is a lot to it. I enjoy the sourcing and am still working on expanding my niches and ways to get the best inventory that will actually have demand! I look forward to watching more of your videos.
@John Wick the world will NEVER suffer a shortage of workers.
@@etchosts8162 Absolutely agree. Being your own boss should always be the ultimate goal. Even if you start working a part-time job, you’ll eventually transition to working for yourself.
My wife and I full time resell. We haven’t focused on one particular thing because we love sourcing in bulk at liquidators, storage auctions, auctions in general or yard sales. We have several avenues for selling though. eBay is definitely the largest but we have an indoor flea market, yard sales and a huge 10 outdoor flea market in October. Right now we average about $800 a week on eBay (it has been higher). We limit ourselves because we like sourcing more than we do the listing. Thank you for sharing your thoughts.
I watched TH-cam my whole life and this is by far one of the most well spoken smartest individual I came across. Bravo! By the way you speak and deliver information you deserve everything you have. Thanks for the advice :)
All true. The next important hurdle is making your hobby a legit and legal business, licensing, permits, record keeping, taxes, etc. Great video!
Good statement. I will be doing that this coming year.
I really related to this video a lot. People don't realize that although selling something on eBay is easy, making real money is a lot of work and takes a lot of thought.
I have a rule. I don’t buy just anything to resell. I buy things my size things that I need anyways or things I think are cool myself. Essentially I’m only selling my personal collection of cool things. I feel it helps me stand out with a bit of character. I’m not worried about stockpiling overhead. I like sharing cool things. If it sits on my bookshelf or someone else doesn’t matter to me. But I won’t bring myself to be one of those “flippers” that just sell anything.
Right. I only buy stuff I like so if it don't sell I get to use it.
Also want to add that I loved when you said "Just because you read about it or watched it on TH-cam, does NOT mean you can do it. You got to practice" . No wiser words have every been spoken! :)
With anything in life, one must work for what they want.
@@ChicagoGuy77 you make your own luck and timing
Yea, I source almost every thrift store I go to. And my main niche is Electronics and video games on a good week I can make almost 3k. But average around 800-1k a week, but the profits always be at least 5x what I paid for
Good work
BullCRap
Im A+ certified Comptia, 901 902, and tbh...with goodwill and yard/garage sales specifically, if you know how to fix up consoles systems or old computers, you can make up to even 5× or 10× what you paid for them after referbish.
That’s awesome I know it’s not easy that’s why I’m afraid to do it
same here. i sell clothes mostly
I love selling on eBay I been doing it for almost 20 years.. it can be fun and easy to sell on eBay you just have to find your easy selling items that are easy to sell but also easy to ship so it doesn’t wear you down! I hate selling big items that’s why I sell small items easy to package and to ship just make a plan for your self and your business so that you do have fun working for your self. I hope this was helpful Good Luck 🍀
Just contacted my first supplier with a wholesale pitch. Been selling their product sourced from Amazon...if I can get it direct it takes my biz to the next level. Inspired by you.
"The majority of people don't like listing more than 4 hours" me over here listing for entire days some times lol but I like to do burst listings, I'll list up 40-60 in one day about 2 or 3 times a week and then every week delist and relist between 70-120 listings. Idk works for me. When I list up a bunch in a day I'll make between 20-30 sales in 1 or 2 days after.
Oh, little tip for those who made it this far, local free listings are a great way to source things for free. I pick up free things all the time and fix it up and resell it. I was given an autoclave (sold for 1500) and a sentry air system (sold for 650) for free because the guy needed help cleaning out his storage and removing trash from it. He had to be out that day and couldn't sell them himself in the time frame he needed. Seriously. You would be surprised at what cool things you can get searching your local free listings.
Great advice! Thanks!!
The problem I've always had with transitioning from side hustle to full time was always lack of business knowledge.
Exactly
There's so much free access to where you can learn that knowledge with google and youtube that you just have to invest some time into it and make yourself do that not so fun part of the business
@@AyeWall Yeah, there's plenty of info out there. I feel like business is kind of like music though. Like one of those things that some people will never be able to do.
@@wtfyoumeaninvalid i suppose so, not really sure. It came pretty natural to me. I went from what he said of sourcing around my house because it sounded fun to 4mos later i'm doing $6k+ gross a month on just ebay and now doing amazon fba as well.
@@AyeWall Where do you source your products? Are you doing garage sales/thrift stores or did you just go straight into wholesale?
I genuinely saw a TH-cam video and thought “hey this is pretty easy” and I started with 1 item and now I’ve been doing it for 5 weeks and I’ve done $1500+ in sales and have a profit margin of around 24-28% after all costs and expenses. This is now become my weekend hobby and I think it’s more fun than actual work for me, but I understand where the full time aspect comes in. Good video!
Thanks
Which platform is better EBay or Amazon
gronet75 it honestly depends. I use eBay, Mercari, Poshmark, StockX, GOAT. It all honestly depends on the genre you’re selling. I personally stick to shoes and clothes, but will sometimes branch out on automotive parts if I come across them at an estate sale etc. I mainly stick to retail arbitrage and the goodwill for my findings, but have made decent flips on vintage car parts (since I’m a gear head) lol
@@hectornieves7611 thanks for your answer , I will start on eBay and check the others
gronet75 also don’t forget about Facebook Marketplace and OfferUp! Those are local platforms and I’ve made some sales on those as well.
I agree with most. I am fringe full time. I have a full time 6 figure job and this honestly started as hobby to see if I could do it. I honestly commit about 8 hours a week. The key is to develop a route. For me I travel about 75 miles between 3 states to purchase items from thrift stores, marketplace, goodwill, and salvation army's. Find a niche. I am into media and video games. Find out who the managers are to learn when your specific items are being laid out and show up early. Having a route and niche will be the 1st steps. Media is the best as items are small, easy to ship, and does not take up space.
Thank you Joseph that’s a great advice to share are you still mainly doing video games VHS books sick DVDs or are you finding other items that you like to sell any antiques Cetera
Best video ive seen. Everyone just says it’s easy but no one tells you how it is like this guys just did .
Like some of these other folks, my wife and I are starting our own business. One thing I’ve been saying is inventory buildup = more sales. Trying to get it to where it’s no longer an investment but lot purchases are made from profits which in turn = more sales. You sir are the fourth TH-camr on reselling I’ve subscribed to and this is the first of your videos I’ve watched. While all have their pros and cons, this has been the most informative. Thank you for that. Looking forward to seeing what else you have and what else you put out.
Cheers jimmy
This 48 yr old momma knows her Pokémon! It’s Bulbasaur! I’ve raised 4 boys and one tomboy and they all love Pokémon! Now that my kids are almost raised, I’m watching your videos and learning how to grow in a “new” direction! Thanks for sharing all of your hard work and knowledge with us! It makes a difference to many of us. 🥰
Pokemon Bulbasaur, cute! I'm still downsizing my home for now. Will definitely come back to this video when I need to start sourcing and need a good reminder of what I can accomplish and can do. I remember watching you when you started out in your garage and had very little furniture in your house. Very cool to see how you have grown and your accomplishments. Thanks!
I used to sell on eBay and I made more than just a living. I plan on doing it again too. Gotta know what ya doin.
Well if you were doing so great then why did you quit
@@robintaylor680 fax
Honestly I do this part time, I go to garage sales , goodwills buy cheap items for $1-3 dollars . Sell for $10-15 it does take time and gotta realize you gotta use gas, boxes to ship , tape I understand you
The advice in the video is sound, but there was no discussion of the most essential consideration -- demand. There are hordes of people selling niche products on Ebay for which demand is limited (or non-existent). You must sell what customers want and will pay for frequently. Otherwise, you will tie up capital by holding too much inventory for too few sales. See the video on the top niches for selling on Ebay as an introduction to the demand side.
Hi Gary.. do you know the title of that video? I’ll look for it. Thanks!
I just started selling, a really long time ago a bought a huge lot of strategies. For 20$ got a bunch of Pokémon ones, a bunch in bad condition but about 4 in great condition. I currently just sold the 4 good ones and people are bidding and sending offers on all the beat up ones. BEAT UP, it’s as you say. You gotta make sure it’s desirable and in demand
@@Jp-gc6bh Seriously. I knew a guy once. Found a dead Pikachu on the side of the road. Legend says it's still being bid on to this day.
@@c8h8e8c8k8m8e8o8u8t 🤣
1000 a week? I’d be happy with just 500 a month
Daaamn I’m a broke student I will take anything, been selling on vinted and sold 3 items for 30£ 😅 it took a long time to make the first sale after that I’m finding it so much easier
Is vinted a website for selling?
Same here. When I was able to make a few hundred dollars I wasn't able to replicate it
I do that easy
The problem is that people watch all the picker videos on TH-cam and think that it’s an easy business because most pickers only show when they’re successful. They don’t show all the times that they don’t find any inventory to sell. Another thing that they’re not prepared for is all the paperwork and documentation that you have to keep for your taxes. Especially now that eBay is forcing you to report everything.
I've been with you from your humble beginnings (you are right). I have to stay focus to list, list, list.
Bulbasaur, a highly underrated Pokemon! And you're so right, it's different when you begin to transition from selling all "your" stuff (i.e. the Columbia boots off my feet) to getting new inventory!
Underrated? Not really. He’s one of the most popular Pokémon of all time. Pokémon poser.
I have been reselling for years and this is what feeds my family and myself its easy but you just have to be on top of your game and treat it like a real business real job and focus on changes in pricing and listing and sourcing is a everyday thing to be honest its always on my mind to make more money then I did the week before and making connections with different people all the time you cant be lazy stuff must be listed and you always have to have sourcing on the mind all the time every store i go into thrift store walmarts targets whatever im always on the hunt just yesterday 74 listings in 1 day already had 39 sales from just those listings I balance this reselling and my life and its been amazing steadily stacking my cheese 🧀 and still able to come and go and have a normal life vacations relaxation and what not its all about being focused and having discipline
Bulbasaur, am a part time reseller and enjoy sourcing. Worst part is listing.
You need the right keywords in the MPN category
That’s what I wouldn’t look forward to
Bulbasaur ...how cute!!! Love that pokemon..love the cute little stuffy.
As far as 1000 a week. My goal right now is $700 a week..and i have been breaking that goal consistently....i am almost there and proud of myself
Howd you do it any tips for starting?
pretty spot on with what you are saying, i would add don't pin your self into a corner or "what you know" as this hold some many people back
It seems a very good advice.
I'm just starting bulk wholesale purchasing...I was taking baby steps...now ready to start bulk. Great video..
Our mentor showed us his bank account and we were hooked. Saw out first listing go from low to high on the matter of hours. Had over 6000 items in all categories on an e-commerce site. Joined forums to sell my goods worldwide and still lived day to day because it's a crap shoot. So you are 💯 correct. I got up at 6 and started work at 7. Stopped around 10pm for 7 days a week. Had specific sources and even sold for others but you need to be more dedicated too then working for a boss.
One if the best TH-cam videos ive watched in my 15 years on the platform
Thank u
Bulbasaur! I'm just getting started but just trying to learn a little bit...learning so much!👍
Bulbasaur! Thank you for keeping your videos short and informative! So much quality packed in!
Thanks Autumn
Great point on commissioned sales reps being poor at building this type of business. I've been a sales rep for most of my professional life, earning a good salary while I did it. It's easy to sell and differentiate a product once it's on-hand, but it's another story entirely when you have to source, store and and ship the inventory you need on-hand to sell.
I love your videos! You're very easy to listen to. So many TH-camrs are not good at explaining or describing, or they have speech habits that make it difficult to really listen to what they are saying.
Thank You!
Thanks Chris! I started on Ebay flipping basketball cards (as you know, that market has been insane), but I wanted to pivot to something less volatile and more sustainable. I still like to grade and flip cards, but your channel has helped me immensely. I source every week at garage sales, but I'm becoming nervous about sourcing in the garage sale off season. Currently, I am a full time teacher and dedicating several hours each day (and more on the weekend) to reselling. I would like nothing more than to scale up to a full time reseller in the next 1-2 years (teaching is tough these days). With your help, I think I can make the incremental progress towards that goal. You probably don't have the time to read this wordy rant, but I hope that you do. Thanks!
You can do teaching online too
@@tauseefp23 totally, that's what I'm doing. It's not the same and very tough. Appreciate the response.
@@derekmarshall2907 sorry i meant teaching online abroad, its in demand!
Grateful for you Chris!! You make this Journey so fun for me!! 🙏🙏
Hey Chris. You do such a great job on here helping us. You have the voice of a radio dj and I love listening to your tips. You inspire us to work harder.. oh n of course.. bulbasar
Sourcing is not a problem for me I’ve been ‘sourcing’ my entire life 😂😂 Also I love how you think about what a person working for you can make for you! I think the same way and pay them accordingly (at least the one time I was selling on Etsy and paid someone to help me lol)
1 You need to know what your selling
2 You need to make profit
3 You need to reinvest in your stock
4 Use other people’s knowledge to help
5 Pay the Fees
6 Make sure the buyers happy
7 Be patient
8 Use Quickbooks or an Account
9 Work hard
10 Be grateful
BONUS Be creative
Nice
Bulbasaur !! Love your channel. Always dropping knowledge .
I worked in a warehouse that was someone's ebay merchandise. The owners had 10 employees and we shipped out a truck load every day. All minimum wage workers and were treated like minimum wage workers. No benefits, they send you home the second the work is finished if you have full 8 hour day or not.
Don't know anything about the Pokemon but what I do know is that I learn from your videos and I appreciate you putting the effort forth to create them!
This is a good video! I don't want to be a $12 an hour gig economy worker.
Then get a masters degree and get a 50k job
So many elements to being successful in this business. Buy low, sell high would seem to be an essential one. This can apply to bigger items too: houses, cars, yachts, etc. My first house that I bought which I sold 3 years later, netted me $40K (this was 30 years ago). Not bad for not even trying. My current house will do much better.🤓
I DO I make my living selling on Internet. I sell on Amazon, ebay, mercari, etsy and I manufacture clothes and sell it on line.
I think the future is manufacturing something.
I agree. I'd like to learn more about it.
The future and the past is always about manufacturing. Or you can say making stuff cheap and sell it for a higher price.
If we can all own the mean of producing then it would be amazing.
@@on9francisyu What happened with nanotechnology? Does anyone know?
I'm trying to crack the amazon code
@Tryumph Kicks wow, no offense but your margins are absolutely terrible. 160k in sales to only net 35?? What are you selling brand new cars?
Bulbasaur! Love your Channel have learned so much. Working my store Parttime while working FT. Gaining efficiencies every. Only spend about 5 hours per week!
Lol “you sell your couch and sit in the floor” 😂😂 air mattress might be the move
Chris, wow 2 minutes in and you're spittin' straight facts & blowing my mind. Thank you for breaking it down.
Thanks Alex
I do it full time and it’s funny how so many messages I get from family and friends who want to do it “because it looks easy”. It’s easy now for me but that’s only because I put in crazy hours. Now I can walk into a garage/estate and quickly pick up valuable items. Mix in that and my negotiation skills. That’s why am able to make huge flips. It’s funny that people expect to just walk into the business and be on that level.
lmao this hit home for me. they list 3 items and let them sit. Easy!
@Canelo, The Man, The Myth, TBE. I've been debating this. I have another business that I have to be here for but I probably need to take a day off now and then and get out of my area to source, even just an hour away.
That’s why I keep my eBay business to myself (£600 profit a week) plus I have a full time job since eBay takes me 1 hour a day. Whoever I tell people about eBay they either think il tell them my main selling item or they think il spoon feed so they don’t have to put in any work lol
I get asked every week, is it easy? I always say no. As for NOT telling people, I don’t recommend it because I have a least 10 people who GIVE me free items to list and they want nothing in return. Just cleaning out their closets.
Recently I am getting serious about this so I appreciate your videos. I am older and just want a way to supplement my income.
Bulbasaur! One of the 3 starter pokemon, Sorry but Charmander was the best one. Great content and enjoy your channel!
Sorry but your hella wrong. Squirtle gang😎
Rise up, Squirtle gang. 😎
Bulbasaur!
Hey, Chris! It's Bulbasaur. Kudos!
Always inspirational in a unique way - straight to the point. Thank you for the information 👍🏻
Bulbasaur! Thanks to my son's Pokemon obsession when he younger 😁 Thanks Chris for your tips and information. You are throwing out great nuggets of information that I need to work into my business.
Funny. I was listing things laying around my room that I haven't used just to kind of practice listing. I've done gig economy too. Thanks so much. Subscribed and like 👍
Thanks Erin
This video speaks the truth. I know way to many people that hop in like "oh this is easy" until they hit sourcing and their stuff isn't selling or they're losing money because the person doesn't know how to do market research/comps. Then I hear them complain like, "wow this business model sucks..." and in my head, I'm like "no, you're just bad at this and you didn't want to do the actual background work that it takes to become a real reseller."
0⁰
@@GaBoi95 = 1
Bulbasaur -- Excellent video! I have been looking into selling on Ebay and these tips are excellent. Thank you.
I’ve been selling full time on eBay for over 21 years
I think I do very well, for instance I bought and paid off my house early in 5 years with eBay money.
I sell mainly antique tools, knives, military, gun stuff etc.
Is absolutely no trouble finding stuff to sell, I have problems with buying to much.
I go to a couple auctions a month and two flea market’s every week and that’s enough.
I only sell using auctions and start most at $9.99
Try to keep 20-30 things up at a time and do 7 day auctions
That’s a solid setup
Goodness you are very well organized!!! Nice.
Chris you always provide great content that I can take and use. Also exposes my weaknesses But sometimes you need someone to tell you the unvarnished truth.
It’s Bulbasaur Pokémon. I'm following you for one month now, I watch the videos while I work on my ebay store. Very positive your approach to work with others and share tips and ideas. Nice way to share life and living and be a team with your spouse.
That is awesome!
Its Bulbasaur! The very first pokemon!
I Thot it was ivysaur
I am subscribed and I always "like" but I usually do not comment. Wanted to tell you that I love this channel and your podcasts. You make me think like an entrepreneur not just a reseller. Thank you!
Thanks for watching!
I always tell people that when you are reselling things, you make your money when you buy not when you sell.
While I agree with you, I like to think you make the money when you get things listed. So many people just source and end up with the piles of stuff and that’s just being a hoarder
@@commonsense1193 Obviously you need to get things listed to convert that cash. But if you always overpay for items then you are listing to break even and not making a profit. If you dont source at all you dont have anything to list to make a profit. And if you are sourcing too many things and cant sell them again that is also an issue at the point of buying things and not when you sell. When you look to buy things to sell, you need to pay a price that makes sense, you need to buy enough to keep yourself busy, you need to not buy so much that you get overwhelmed and cant list a thing etc. The buying part is the most important part of any reselling business, everything else is work to cash in on that buying.
@@popfuntoplay ok, well apparently you are ready for a debate today after posting that 3 months ago. I however am not, just figured I’d disagree while drinking my coffee. I still disagree but good thing we are all entitled to our own opinion
@@commonsense1193 We all have different opinions, the question is can you learn from others and do others opinions help or hurt. I have had a lot of success reselling items over the years and I like to share my wisdom. We don't need to debate, because my opinion wont change and I suspect yours wont either. I will leave you with a case study. I had a friend who looked to buy large amounts of stuff for cheap then would list 100s of $1-$2 items on ebay. He spent a godawful amount of time listing and he had sales, 1000s a month. He was exhausted and was spending some much time listing packing and shipping and not making much money. I had to spend 6 months convincing him to stop with the cheap stuff, put more of that time he wasted listing $1-$2 items into buying and focus on items that make $20 or more profit when he listed. Eventually the lightbulb clicked and he realized, you make your money when you buy and not when you sell. You can sell all day but if all your selling is stuff that makes a small margin you will burn yourself out. Again I say its better to put the energy into sourcing and buying better items that sell faster for higher margins then to focus so much energy into selling. The selling part burns you out.
As the saying goes, indeed, you get the value from the under-allowance, but the value isn’t completed until it’s sold!
Love yah Chris, but I feel like I watched this video in slow motion with Enya's "Only Time" playing in the background.
Excited for your next chapter.
Bulbasaur. One of my best flips was a Stongbad "The Cheat" plush. Picked it up for $3. Sold for $160 with free shipping. Thank you for your knowledge Chris. You keep me motivated!
Also XL if you are sending shirts out lol
That plush sells for around 4 to 5 hundred so thats not good that is actually bad
@@nicholasnazzarrio5730 Not when I sold it. This was a few years back
I am so tired of driving Lyft, driving so many hours per week, I am looking into this business and I've been looking for things I can buy and resell, I hope this will work for me and later grow, I like your advises
I just buy storage lockers at auction like yours. :)
I appreciate you employee honesty on people.
Bulbasaur! I'm glad you picked a 1st gen pokemon cause that's the only one that matters
not true lol. I have $20 tins from 2 years ago that i stocked up on from target, they sell for $69 each now on ebay....Vintage is good, but if you know your stuff, modern pokemon is big money too
I like the way you think. Your tips are so helpful. Thank you for your content and showing Bulbasaur.
Bulbasaur! I flipped stuffed animals in my early years, made some huge ROI then.
Reselling is alluring....that pokemon is
Bulbasaur!
The Pokèmon on your box is Bulbasaur, number 001 in both the National and Kanto Dex, Venusaur recently arguably is at its peak or was at its peak in Sw/Sh for the Nintebdo Switch with Gigantamax.
The pokemon that was there was a Bulbasaur!!!! I love your shirt and mantra! Ive been on Ebay for about 10 years, but been doing it regularly the last 2 years, and what you said in your video, I agree 100%!!! I am in the process of getting a small warehouse for myself as well, now that since the pandemic, sales are going up online! I hope people see this video and take note.
P.S. Really digging that shirt!!!!
😉
I spent decades in IT consulting managing people who had gone to the best schools, worked for the best companies and had stellar resumes in a high stress, uber competitive environment. About 50% turned out to be marginal, at best. About 30% were reasonably competent and functional with regular oversight. Around 19% were solidly dependable and could operate both competently and independently. I can only remember a few dozen that I would classify as "superstars". Bottom line...in general...people suck.
He knows what he's talking about
Thank you for the information
Bulbasaur!! For a Pokémon reseller that question was made for me haha
I sense this is the direction I’ll be headed.
I’ve had some success in the past both with eBay and FBA
Yea, i see you sold everything in your apartment other than the fridge and stove haha
Everybody knows onion turtle lol, keep up the terrific content!
Bulbasaur awe so cute 😃. Great description of hourly profit and strategies
That is it in a nutshell. Crossing the boys to Men threshold.
Very informative, thank you so much. I've been looking for tips and advice on this subject and found your channel.
For me the hardest thing was finding good prices on items to resell. I mainly sourced at estate sales and garage sales, but they left no room for me to make any money.
You can buy and resell directly on Ebay. There are so many thousands of stores, that simply putting in the hours can add all the value you need, e.g. seeking out the best value on items that will sell, giving better service than the other sellers, developing realtionships with suppliers, etc. Be sure to use a buying account and a selling account so that the more savvy buyers don't follow your reviews to your suppIers. I am in a small town in Alaska so no chance to source locally. It can be done I promise. If you have questions let me know. Start with $100. Buy items. Sell them for $200. Buy twice the items. And then just stack it from there. The you will have $1500 soon. And I turned $1500 into $50000 in two years with a 300 fixed price item store.
Trying to find items to resell at thrift stores is like trying to pass a kidney stone. Its just so painful because the prices at these stores are so high they make my dingleberry hurt.
I'll make it real easy for you. Look for the red tags, which is the clearance price.
I just watched the "founder " and his motto was pressitence.. .not luck, smart,or connection just pressitence to achieve a goal.
@Elan - I hope you have the PERSISTENCE in learning how to spell the word correctly!
@@kevinp8108 thank you for correcting my spelling I don't know what would I do with out you.
@@ELFl-ew1dx No worries mate! I sense the sarcasm but I've saved you from future embarrassments. By the way, WITHOUT is spelled as one word. Have a wonderful day!
You always give the BEST and most encouraging info. Love your channel. Thank you!
Bulbasaur. Hope it counts that I had to check with my son. He’s starting a Pokemon plushie collection but didn’t have that one
Theyll hold value
They sell really well on ebay. I'm almost out in my store. I have hmm maybe 20. The originals. Super awesome tell him dont cut off tags and put on a shelf...they hold value
Lots of Great point, much appreciated with your experience
BULBASAUR! And I sell pallets lol
This was amazing!!! Great info!! I'll be doing this asap with my reselling biz! Thank u 👏🏽👏🏽👏🏽
Actually I doordashed for a year and made a 6 figure income doing so. I love to drive so I had no problem doing it.
Reason I quit that was because eBay was already giving me the income I needed.
You were certainly in the minority.
Thank you so much for sharing your perspective! you said some things that really hit home. great content :)
Bulbasaur. The best starter! Yeah I said it!
Facts
THIS MAN IS THE TRUTH!!!! I honestly can’t believe they let this video stay up, with all the truth you speak! I’ve watched thousands of videos about this on here and though some are informative, they never actually get to the logistics and real direction. Thank you my friend
We appreciate you Chris. 🦸♂️⭐👍
I really like this guy. Seems really genuine