Awesome channel man! My dad’s been doing this since 2001 and has 16k items listed with 94k sold. The reselling business is the best. I just started watching your vids and love that there’s always new things to learn even after being in the biz for 20+ years!
Re the promoted listings rates, it stands to reason they will continually go up as more sellers start using them. If only a few are promoting a small promotion will put you up there with them, but if hundreds are promoting you'll be competing for a higher position in search, hence needing a higher dollar amount. More and more influencers are recommending to promote at 10% and as more of their followers heed the advice...
This was my slowest week also. I was having a great year until now. When everyone else was complaining about poor sales, I was killing it. Thanks for the great videos and information.
Thanks for another video Justin! Promoted listings is still gives me weird vibes. About 3 months ago I put my entire store at 2% (like you) and I did notice a jump at the beginning. Still some items that I comped and thought for sure these will sell, didn’t. So I would go back and check other eBay sales, and other sales were happening for other stores for same or similar items. I ran a few tests , I would do shoes a little higher 5-9% (since there is more competition) but I would still look for my listing on my “work phone” and I was pretty low on search results. Don’t get me wrong I still have been getting good sales, my 90 day is a little over 18K I removed my entire store from promoted listings about a month ago. And I’m still tracking about the same. I wish more people did tests and we all shared them together. Maybe someday. I’m coming up on 30days with 0 promoted , 100% my traffic is down. Impressions almost half! but my sales still continue to climb. Just “thinking out loud” or typing lol Thanks again for these videos! See ya soon.
Just FYI - We've bought 3 lots of old Canon Powershot cameras (8-10). Easy sales and got them for $4-8 each. HOWEVER after getting an unusual number of returns (plus eBay will override you if you say NO RETURNS, so don't bother) we did a little investigation after also starting to review actua SN #'s and found we were getting returns of NOT what we sent out. These were being bought Internationally, mostly S. Korea and Japan...it was actual bait and switch. Just an FYI...
Hi, Shocked and happy that for the first time ever my sales were higher than yours. Started last December. Still figuring it out. Having a blast. Thanks for the videos and advice. I appreciate your thoughtful content and above average production values. You are the only Ebay TH-camr that I look forward to watching. Cheers
Ebay is definitely slow for a number of us, it's inflation combined with the time of year I think. May as well just keep listing for the fall when things will pick up.
Hello from Kansas City! Your content is stellar and I like that you even share a bad week. It makes you genuine. I have learned so much and I thank you for that!
LOVE your channel (and it is the ONLY one I consistently watch) because you tell it LIKE IT IS - the good, the bad, and the ugly. I know I'm not getting anything but the truth on your channel. Thank you!
Speaking to your point about listing random things to see if there's any demand: I bought a storage unit at an auction a couple months ago for $40 and it was mostly junk as they typically are, but amongst the trash I found a stack of newspapers and magazines from Medellin, Colombia from the day Pablo Escobar was killed in 1993. I almost threw them away, but instead decided to list them individually and ended up selling all 5 pieces in less than a month for $800 total. You just never know what "trash" might actually be worth something so there's no harm in giving it a shot!
Your comment on something be stated as "new" at a yard sale reminded me of a situation that happened to me a few weeks back. I picked up a pair of shoes and the person selling it said "those are new!". I proceeded to turn them over and saw they had a generous amount of mud in the treads hahaha. They then said they wore them once and found them too big, but obviously they wore them outside at least once, and I would not consider that "new". Needless to say they ended up asking way too much for me (to resell them, it may have been a decent price for someone buying them to use) especially considering they were used and I would have to do a deep clean.
I am so glad it isn't just me. I have around 1000 listings and usually average 6 sales a day. Last week was TERRIBLE. Hopefully just a passing summer slowdown. Thank you as always for great info and content. ❤
feeling the pain , slow sales last week , a few lowballs declined on items i know will sell at full price eventually. I firmly believe in keeping that cash flow rolling but i saw this same thing last Summer ( my first Summer selling on eBay ) taking a deeper look into Product Research , gives a clearer picture of how seasonality plays into some products. As an example i found some Patagonia Wool Flannels , the selling price on them historically is much higher in January as compared to July. I dont see myself selling them at the low point no matter how slow its been. In fact im not even going to list them until possibly October just to avoid the endless declines in low ball offers, lately im getting low ball offers through messaging if i dont have the listing set to offers. Holding out ! stay strong ! LOL ! great content as always and nice finds !
I was big into PC games as a kid in the late 80s / early 90s. I loved the Police Quest series games… Police Quest SWAT was huge when it came out. Very similar in feel to later games like Rainbow Six, but with the classic Police Quest style stories / missions. I had Descent on my old Panasonic 3DO console in the mid 90s.
The recommended promotion rate is outrageous though! I cannot bring myself to promote at those amounts. I usually do about 3%. A few higher priced items I may go up to about 8%
So if it recomments 12% you pay 12%? There's a reseller on youtube experimenting with doing that. Her sales also increased I usually leave mine at the minimum 2%
Thank you for the great advice on promoting sales, I really appreciate all the tips you are sharing. Haven't started listing yet, because am studying tactics beforehand.
Since May I’ve focused on two things. Improving my APS. And listing less small ROI. Happy to say my listings as down 4.8% but my ASP is up 28% ($69.95). Less work more take home. Sure I pay up to acquire mostly but a 3x on a 100 item adds up quick.
Justin, thanks so much for all you give to the reselling community. I'm a happy Flipwise customer, and I hope this is the appropriate place to suggest a product enhancement. I would love to be able to take a photo at the point of purchase (estate sale, garage sale, thrift, etc.), record the purchase price and notes, and, ideally, automatically geotag. As my store grows, I'm finding it harder and harder to remember where and what I paid for something. Today, we complete Flipwise data after we list the item; someday, I'd love to be able to start my inventory in Flipwise and track where I list it...
Hi Mike, we're working on functionality now that will allow you to add your inventory directly to Flipwise as you suggest instead of having to first list it on eBay. We hope to have that done before Summer is out!
I'm always looking for PC Games in the box to sell, but they're extremely hard-to-find. It's something very dear to my heart as I grew up in the 90s and I was a hardcore gamer back then, plus they bring me back very fond memories. Also, most PC Games from the 90s in box are BOLOS (especially sealed can go for outrageous amounts of money) and most point-and-click games from back then are worth picking - anything that says LucasArts or Sierra
almost used a 27" apple computer box for a picture bt i decided to look it up took from trash and going between 70- 180 shipped amazing wish i had listed sooner to big
Justin - You and I coincidentally listed the same item (a Cuisinart food processor part) at the same time. You had yours listed for $34.99, and I had mine listed for $34.00. I do not promote anything. Mine sold 16 days before yours did. After subtracting the extra 2% you paid to promote, you still ended up a few cents more in net profit, but mine sold faster. I know, it is just one data point; however, I think our average time to sell and profit margin numbers are comparable (for the year so far my average time to sell is 2 months with a 56% net profit margin on $23k in gross sales). I had roughly 80 items listed on January 1, and I now have 180 items listed, so my eBay "store" is less than 1/5 the size of yours. I have been very successful improving my sales by following your advice to list at least 5 items a day and to treat this like the real business that it is. You still have not convinced me, though, that promoting my items will be a good bang for my buck.
That’s interesting! Thanks for sharing. Hard to tell much from such a small sample size though. If you’re curious, the best way to test it would be to just try it out! That’s what I did originally: a 1 month test. It was enough to convince me to keep it on, but you may find otherwise.
@@justinresells I did experiment briefly with promoted listings last year and did not notice the boost in sales that you did. Maybe I did not give it enough time. Have you ever experimented with cancelling all the promotions to see if you notice a decrease in sales?
Ebay did me like that Saturday and Sunday. I have been selling 5-6 things regularly then 1 item sold Saturday and nothing for Sunday, but I didnt list anything either. This week has been pretty slow.
Another question for you. If you have an item - say a vintage plastic sports sign that has a few minor scratches - do you make a point of calling it out in the description to make sure the buyer is aware before they buy, or do you just let the photos do the talking?
Hey man, love the channel, both reinforces stuff I think I know and teaches me new stuff on almost every video. Been selling for years now, and the question I have is: eBay has somewhat recently upped their "recommend specifics" to what I consider unnecessary levels...do you fill these in, or just hit the check mark that says "don't remind me about these anymore" and go on with your day? Do buyers actually search for these criteria? Am I wasting time trying to fill them out, or missing sales by ignoring them? Thanks!
I love your channel. Thanks for all the tips. I’m relatively new to your channel so I hope my question hasn’t been asked before. I have been selling pro wrestling action figures on eBay for about 2 years. I’m considering branching out to other types of toys and collectibles. Have you had a lot of success with selling toys? If so, what kind? Thanks again for these videos.
Promoted listings is whatever the percentage is on the price of the item. the shipping and the taxes. At 5% I lose about 35% to 40% off my items I find many times. Also it seems like when you have it on Ebay tends to put it on everything at times, even stuff that I is not supposed to be promoted.
I look forward to get to see your videos each week!! Thanks for providing TH-cam for us! I need help with the actual setup, for selling out of the country settings! I am not currently including any other countries, but I am still having Canada buyers make offers and then they cant purchase because I am not listed for Canada. Then I end the item and then restarted that item, now including Canada, and the cheapest shipping fee was $47 (1lb 8x6x4) package! Is there a way to list for other countries and it doesn't list for a really high shipping fee? Sorry kind of poorly asked. (Canada buyers didn't want to pay for that high shipping cost - in the USA it was a $95 item with $9.87 shipping)?
I’m not sure where to ask questions but hope this will do. Love your videos! Thank you so much for sharing your knowledge and experience. How do you keep records for what you buy at yard sales, etc where there is typically no receipt given?
Long time eBay seller here. I attend estate and garage sales every week. I inventory everything I purchased on paper. At the top I put the location of the sale and the total I spent. if I know what I paid for each item I do itemize by item. If I don’t I’ll estimate that amount giving each item a value so that the entire lot adds up to the total amount paid. Then I enter everything I purchased into a spreadsheet grouped by each sale and by date. This makes it easy to figure the cost of item sold when I post my sales each week. I actually use 3 spreadsheets for my accounting. 1) Master Inventory. On this spreadsheet I enter every item I buy grouped by date and location of sale. This sheet has the following columns: Date, name of item, cost of item, sold amount and date sold. 2) current Inventory: When I enter my inventory into my master inventory sheet I also copy that info into this spreadsheet grouped exactly the same way. When I post my weekly sales I’ll remove all sold items from this spreadsheet. This allows me to know the exact amount i paid for the entire inventory in my warehouse at any given time. 3) sales by month spreadsheet. This keeps track of my sales and the net profit by month. I hope this helps! Antiqueexcavator on eBay.
Hi Justin, thank you so much for your insight, efforts and great videos! You've given me the confidence to start selling and I'm about 2 months in now. I watched the video about promoted listings and set a lot of my sales to the promoted 2% as suggested. Later I looked at my listings and it looks like Ebay had assigned a campaign to each of them. There is an "Edit Campaign'" underneath each of the percentage boxes with a radio dial that seems to indicate there is a campaign assigned. Am I doing something wrong or is that just where you'd go if you wanted to do a campaign? I really don't want to get into campaigns, just standard promotion for 2% fee upon sale. TY :)
16:20 don’t be so hard on your content. Some people might not have any sales yet, and your videos are informative for them to take their listings to the next level. Not every sale is a home run. For your next video, here’s a question what is your death pile looking like? Just curious if it’s smaller than my death mountain.
Thumbs up! Thanks Justin. Quick question... I thought I recalled a video where you almost always offered free shipping, and just built the cost of the shipping into the sales price. Yet I see that most everything you sold in this video had a shipping cost to the buyer. Have you had a change of heart about free shipping? TIA.
Lol, same! once in a while, I make either a quick sale or a few extra dollars directly from following his advice and I sort of feel like I owe him a commission 😂
Question for next week. Have you ever had a sale reversed due to fraudulent credit card use? If so did you lose the money and the merch? Was there anything you could have done to avoid the issue? Thanks
Random story: a couple weeks ago I sold an item that I had gotten rid of months ago and just forgot to take down the listing. I apologized and canceled the sale as out of stock, but was a bit worried that they would give me negative feedback….fast forward to yesterday, and I have positive feedback from them telling me how nice the item is!
Do you run a risk when offering free shipping, especially if you have to ship the item internationally? I'd like to start offering more free shipping options, but don't want to get burned if having to spend more than $7-$8 in shipping costs. Thanks for any input.
hey Justin, love your content. I have 2 questions for you... #1 my payouts do not reflect my 90-day total. Is this because of shipping and fees? Even when i add up my all of my sold items, it does not add up to my 90-day total (I'm new so this is all of my sales). Lastly would you be able to show us what we should be keeping track of on a spreadsheet? (for tax purposes) I have a google sheet with the item, purchase price, purchase date, sold price, sold date. I feel like I'm either keeping track of the wrong things or not enough things. Thanks!
That's a great question. I'm in the same boat. I'm fairly new at this. But I did figure out that the amount that they pay me out is minus the shipping and fees. I started a spreadsheet listing the item, the date posted, the date sold, the listing price, the actual selling price, the fees, the shipping that I paid, the final amount and my net profit. I'm hoping this information is good enough for tax purposes. I write the mileage on each receipt. I'm not in a position right now to add on any subscriptions or apps to do the math for me.
For the SKIMS, were you allowed to use the product stock photos because you bought directly from SKIMS for reselling and got approval or something? I thought that was something u caution against because of VERO
I know all of those games, Justin. That was my PC era of gaming before I had kids and too many management duties in tech. Hit me up any time with questions on old PC Games.
Hi Justin, I love your videos. I do not have eBay Seller Central, and I've had my account since 2004 with hundreds of sales. I gave up trying to figure out how to access it.
I had the same negative comment on an item. Never messaged me just went straight to feedback. I did ask for a revision. No luck. No luck with Ebay removing it. I responded to the negative feedback telling the buyer please open a return (three times) four days later she opens a return. I did send her a message saying I wished she would have just messaged me instead of going straight to feedback. Also said I would have resolved the issue on the message. No win situation. Went from 100% rating to 95%. Ugh.
Sales have been next to nothing past three weeks. Something is going on again. Promoted is taking a lot of money from us and with no sales not too encouraging on its effect. Wow, would be nice to sell everything in 24 hours; but definitely the shipping supplies would be an issue; we keep a good supply of boxes but don't have enough since so expensive and with our uniquely shaped items, we have to always improvise.
Hey Justin, im wondering how you decide what items you will charge shipping on and what are free postage ? I've noticed that in some categories , it is expected that shipping is free i.e. books , but clothing esp in Oz , all have postage in addition . I've noticed that since expanding from just books my ROI has improved considerably !
I’m looking into starting to sell thrifted items on eBay. Should I join Flipwise before I list my first item? Or should I get eBay figured out first, then join and learn Flipwise at a later time?
Hi - I have been watching your videos religiously for the last few months and have been growing my eBay store. Thank you for the helpful content. My question is, when listing items with 1 day handling time (as someone with a full time job during business hours) it is impossible for me to ship something the next day if the items sells after 10:00 PM when I’m sleeping. I can generate the shipping label the following day of course but not get the item to post office. Is that ok? I’m a top rated seller and want to get ensure I don’t get dinged for not adhering to the 1 day timing.
I still can’t go around corners without thinking of the old lady that shot me as I was going around the corner on the game called SWAT or at least I think it was that game. 😂
Justin, had a weird thing happen a few days ago. My daughter occasionally comes across things that she then brings me to list on ebay. This time she had a World of Warcraft item. Since neither of us were very familiar with it, we each used ebay lens; came up with nothing. Then we each used Google lens...sitting in the same room, just a few feet apart - and each of us has an Android phone - yet we came up with different results! Which we found very confusing and frustrating. Hers led her to ebay listings, so did mine... yet again, when we typed in the exact same words to ebay, mine could not find any results, while hers found similar but not identical results to what we had typed in. This can be extremely confusing, especially to newcomers. Got any suggestions?
2 days of no sales could be people saving their money for Prime Day and Comic Con. I personally am not buying anything until after Con, then start selling.
Hi I don’t know if the rules are different in the US but I contacted eBay as I’ve had 3 TVs damaged! I spoke to eBay and they said I don’t get charged transaction fees as long as I refund the money in time
I'm sure you already answered this question in another video however , i'm going to ask anyway. Do you use stock photos or do you take your own pictures?And if you do use stock photos have you ever had a problem with a buyer because of it?
How are you Justin? Recently another flipper on TH-cam said that eBay does not like the listed item's title in all caps. He also said he doesn't really know why this is. Have you heard about this? If so, do you know why?
Thanks for another great video. Question about Flipwise. Is there a way to do a manual entry? I've gone to list items only to find it not worthy and I end up donating it back. I'd like a way to track these purchases. Thanks!
Justin, now that you have been using PL for about a year, what has been the trajectory of your sales lift longer term? My thought was that turning them on may lead to a shorter term spike (like the doubling you reported) but longer term I'm wondering what that inflated number of impressions (shown to people who may or may not have been keyword searching a match to your specific item) does to the click through and sales conversion rates that eBay tracks. These metrics very much have an impact on organic search placement. My resistance to using PL is that I would not want to "trade" my high organic placement for a PL placement that rotates among all the other promoters and could damage my placement/sales down the road. I have done many tests on promotions and can confirm it only took a few days for my organic "top 20 search slot impressions" to drop from around it's normal percentage of 18-20% into low single digits. Has your sales lift held steady at double of where you were at pre-promotions? Or did you find that was a shorter or mid-term bump that eventually left you close to where you started before you promoted? Basically, how is your sell through rate currently compared to what it was before you ever used PL? Thanks!
Just to add, I haven't run into anyone who uses promoted listings who has a Top 20 Search Slot Impressions percentage (in Traffic section) over single digits.
I hope you do much better next week, but part of me (the asshole part) hopes you don't because your commentary about the flips of the week were hilarious. I have a question for you about notifications; do you manage them at all? I get annoying pop-ups from the Ebay app about items I looked at to price things I'm selling. It can be frustrating to think you got something about a sale, but no; the 'made in occupied Japan' mug (that I already have two of) is now 5% off. Thanks Ebay!
I bought a wallet off of ebay and it came in not as described. The stain did showed up in the photos. But in the description it said that the wallet was in wonderful condition. The stain was blood, of course I didn’t know that until I tried to clean it. The seller paid for the return shipping, they paid me back for the cost and taxes. But they didn’t give me back what i paid for shipping. I just left it as a loss. What’s your thoughts on this.
Hi Justin I wanted to know if you can help me find the SKU on my eBay store. My eBay store is on the same as my buying page . I have tried everything I have watched so many Yt videos. My page doesn’t have any edit or anything that can help me find the SKU most videos say it should be under the pictures. I was wondering is it because I don’t have a shop I am at my wits end any help would be appreciated. Thanks for all your videos you have helped me so much. I have only been selling on eBay for only 4 months and going well but want to list a lot more but need to organise my shelves. I have had a shop with Etsy for 4 years so have some experience with selling. Cheers Tricia from Australia.
Do you have any tips for sourcing on Facebook Marketplace that doesn't make someone want to sob, drink heavily, and then sob some more? I'd love to be able to source from there but the search tools they have seem to work about half the time at best. For instance, I check local pick up only within 50 miles and, without fail, there are items 4 states away that people would love to ship to me. Or I ask for items from the last 24 hours or newer and there is still stuff from 3 weeks ago. It's an absolute nightmare! Is there a way to browse individual categories and sort by the newest listings or something I'm missing? Or is it the backwards unintuitive nightmare that I think it is?
Probably the most consistently useful and motivating TH-cam channel I’ve ever subscribed to. 😊👍
Agreed!
Awesome channel man! My dad’s been doing this since 2001 and has 16k items listed with 94k sold. The reselling business is the best. I just started watching your vids and love that there’s always new things to learn even after being in the biz for 20+ years!
This is the most underrated reseller channel out there.
Re the promoted listings rates, it stands to reason they will continually go up as more sellers start using them. If only a few are promoting a small promotion will put you up there with them, but if hundreds are promoting you'll be competing for a higher position in search, hence needing a higher dollar amount. More and more influencers are recommending to promote at 10% and as more of their followers heed the advice...
This was my slowest week also. I was having a great year until now. When everyone else was complaining about poor sales, I was killing it. Thanks for the great videos and information.
So glad I found this channel. Dude just seems like a great hang all around.
Thanks for another video Justin!
Promoted listings is still gives me weird vibes.
About 3 months ago I put my entire store at 2% (like you) and I did notice a jump at the beginning.
Still some items that I comped and thought for sure these will sell, didn’t. So I would go back and check other eBay sales, and other sales were happening for other stores for same or similar items.
I ran a few tests , I would do shoes a little higher 5-9% (since there is more competition) but I would still look for my listing on my “work phone” and I was pretty low on search results.
Don’t get me wrong I still have been getting good sales, my 90 day is a little over 18K
I removed my entire store from promoted listings about a month ago. And I’m still tracking about the same.
I wish more people did tests and we all shared them together. Maybe someday.
I’m coming up on 30days with 0 promoted , 100% my traffic is down. Impressions almost half! but my sales still continue to climb.
Just “thinking out loud” or typing lol
Thanks again for these videos! See ya soon.
Just FYI - We've bought 3 lots of old Canon Powershot cameras (8-10). Easy sales and got them for $4-8 each. HOWEVER after getting an unusual number of returns (plus eBay will override you if you say NO RETURNS, so don't bother) we did a little investigation after also starting to review actua SN #'s and found we were getting returns of NOT what we sent out. These were being bought Internationally, mostly S. Korea and Japan...it was actual bait and switch. Just an FYI...
Hi, Shocked and happy that for the first time ever my sales were higher than yours. Started last December. Still figuring it out. Having a blast. Thanks for the videos and advice. I appreciate your thoughtful content and above average production values. You are the only Ebay TH-camr that I look forward to watching. Cheers
Ebay is definitely slow for a number of us, it's inflation combined with the time of year I think. May as well just keep listing for the fall when things will pick up.
Im seeing it slowdown as well and I am starting too up my listings, odd
Had a game boy listed for over a week. I turned on 2% promotion, and it sold in 1hr. Thanks!
Hello from Kansas City! Your content is stellar and I like that you even share a bad week. It makes you genuine. I have learned so much and I thank you for that!
LOVE your channel (and it is the ONLY one I consistently watch) because you tell it LIKE IT IS - the good, the bad, and the ugly. I know I'm not getting anything but the truth on your channel. Thank you!
Speaking to your point about listing random things to see if there's any demand: I bought a storage unit at an auction a couple months ago for $40 and it was mostly junk as they typically are, but amongst the trash I found a stack of newspapers and magazines from Medellin, Colombia from the day Pablo Escobar was killed in 1993. I almost threw them away, but instead decided to list them individually and ended up selling all 5 pieces in less than a month for $800 total. You just never know what "trash" might actually be worth something so there's no harm in giving it a shot!
Wow that’s an unexpected surprise. Thanks for sharing. Just goes to show, one mans junk is another man’s treasure.
@@Roger-mw9elexactly! That's the thrill of the hunt 🔍
Your comment on something be stated as "new" at a yard sale reminded me of a situation that happened to me a few weeks back.
I picked up a pair of shoes and the person selling it said "those are new!".
I proceeded to turn them over and saw they had a generous amount of mud in the treads hahaha.
They then said they wore them once and found them too big, but obviously they wore them outside at least once, and I would not consider that "new".
Needless to say they ended up asking way too much for me (to resell them, it may have been a decent price for someone buying them to use) especially considering they were used and I would have to do a deep clean.
I am so glad it isn't just me. I have around 1000 listings and usually average 6 sales a day. Last week was TERRIBLE. Hopefully just a passing summer slowdown. Thank you as always for great info and content. ❤
feeling the pain , slow sales last week , a few lowballs declined on items i know will sell at full price eventually. I firmly believe in keeping that cash flow rolling but i saw this same thing last Summer ( my first Summer selling on eBay ) taking a deeper look into Product Research , gives a clearer picture of how seasonality plays into some products. As an example i found some Patagonia Wool Flannels , the selling price on them historically is much higher in January as compared to July. I dont see myself selling them at the low point no matter how slow its been. In fact im not even going to list them until possibly October just to avoid the endless declines in low ball offers, lately im getting low ball offers through messaging if i dont have the listing set to offers. Holding out ! stay strong ! LOL ! great content as always and nice finds !
Silent Steel!! I owned that in the mid 90's. I was 25-26. Cool game for back then. Good find
I was big into PC games as a kid in the late 80s / early 90s. I loved the Police Quest series games… Police Quest SWAT was huge when it came out. Very similar in feel to later games like Rainbow Six, but with the classic Police Quest style stories / missions.
I had Descent on my old Panasonic 3DO console in the mid 90s.
I didn't have promoted listings on for a long time. Then I turned them on at the recommended rate and sales have increased tremendously.
The recommended promotion rate is outrageous though! I cannot bring myself to promote at those amounts. I usually do about 3%. A few higher priced items I may go up to about 8%
So if it recomments 12% you pay 12%? There's a reseller on youtube experimenting with doing that. Her sales also increased
I usually leave mine at the minimum 2%
Did you increase your selling price?
Thank you for the great advice on promoting sales, I really appreciate all the tips you are sharing. Haven't started listing yet, because am studying tactics beforehand.
I really appreciate that you share all this information.
Since May I’ve focused on two things. Improving my APS. And listing less small ROI. Happy to say my listings as down 4.8% but my ASP is up 28% ($69.95). Less work more take home. Sure I pay up to acquire mostly but a 3x on a 100 item adds up quick.
Hell ya, Decent and SimCopter were my Jam as a kid.
Justin, thanks so much for all you give to the reselling community. I'm a happy Flipwise customer, and I hope this is the appropriate place to suggest a product enhancement. I would love to be able to take a photo at the point of purchase (estate sale, garage sale, thrift, etc.), record the purchase price and notes, and, ideally, automatically geotag. As my store grows, I'm finding it harder and harder to remember where and what I paid for something. Today, we complete Flipwise data after we list the item; someday, I'd love to be able to start my inventory in Flipwise and track where I list it...
Hi Mike, we're working on functionality now that will allow you to add your inventory directly to Flipwise as you suggest instead of having to first list it on eBay. We hope to have that done before Summer is out!
@@justinresells awesome!!!! Thank you for listening and responding!!!
I really appreciate your straight forward answers! Such great content!
I'm always looking for PC Games in the box to sell, but they're extremely hard-to-find. It's something very dear to my heart as I grew up in the 90s and I was a hardcore gamer back then, plus they bring me back very fond memories. Also, most PC Games from the 90s in box are BOLOS (especially sealed can go for outrageous amounts of money) and most point-and-click games from back then are worth picking - anything that says LucasArts or Sierra
almost used a 27" apple computer box for a picture bt i decided to look it up took from trash and going between 70- 180 shipped amazing
wish i had listed sooner to big
Justin - You and I coincidentally listed the same item (a Cuisinart food processor part) at the same time. You had yours listed for $34.99, and I had mine listed for $34.00. I do not promote anything. Mine sold 16 days before yours did. After subtracting the extra 2% you paid to promote, you still ended up a few cents more in net profit, but mine sold faster. I know, it is just one data point; however, I think our average time to sell and profit margin numbers are comparable (for the year so far my average time to sell is 2 months with a 56% net profit margin on $23k in gross sales). I had roughly 80 items listed on January 1, and I now have 180 items listed, so my eBay "store" is less than 1/5 the size of yours.
I have been very successful improving my sales by following your advice to list at least 5 items a day and to treat this like the real business that it is. You still have not convinced me, though, that promoting my items will be a good bang for my buck.
That’s interesting! Thanks for sharing. Hard to tell much from such a small sample size though. If you’re curious, the best way to test it would be to just try it out! That’s what I did originally: a 1 month test. It was enough to convince me to keep it on, but you may find otherwise.
@@justinresells I did experiment briefly with promoted listings last year and did not notice the boost in sales that you did. Maybe I did not give it enough time. Have you ever experimented with cancelling all the promotions to see if you notice a decrease in sales?
Ebay did me like that Saturday and Sunday. I have been selling 5-6 things regularly then 1 item sold Saturday and nothing for Sunday, but I didnt list anything either. This week has been pretty slow.
Another question for you. If you have an item - say a vintage plastic sports sign that has a few minor scratches - do you make a point of calling it out in the description to make sure the buyer is aware before they buy, or do you just let the photos do the talking?
Hey man, love the channel, both reinforces stuff I think I know and teaches me new stuff on almost every video. Been selling for years now, and the question I have is: eBay has somewhat recently upped their "recommend specifics" to what I consider unnecessary levels...do you fill these in, or just hit the check mark that says "don't remind me about these anymore" and go on with your day? Do buyers actually search for these criteria? Am I wasting time trying to fill them out, or missing sales by ignoring them? Thanks!
I love your channel. Thanks for all the tips. I’m relatively new to your channel so I hope my question hasn’t been asked before. I have been selling pro wrestling action figures on eBay for about 2 years. I’m considering branching out to other types of toys and collectibles. Have you had a lot of success with selling toys? If so, what kind? Thanks again for these videos.
Promoted listings is whatever the percentage is on the price of the item. the shipping and the taxes. At 5% I lose about 35% to 40% off my items I find many times. Also it seems like when you have it on Ebay tends to put it on everything at times, even stuff that I is not supposed to be promoted.
Descent was the game our "computer club" played in High-school . A classic PC game etched in my memory😂
Im curious, if you scan an item and determine it sells, what is the minimum potential profit do you hope to see before making the purchase?
I went 3 out of 5 days last week with zero sales, no offers to buyers, nothing but tumbleweeds and crickets.
Tribes...definitely a really cool game back in the day.
I look forward to get to see your videos each week!! Thanks for providing TH-cam for us!
I need help with the actual setup, for selling out of the country settings! I am not currently including any other countries, but I am still having Canada buyers make offers and then they cant purchase because I am not listed for Canada. Then I end the item and then restarted that item, now including Canada, and the cheapest shipping fee was $47 (1lb 8x6x4) package! Is there a way to list for other countries and it doesn't list for a really high shipping fee? Sorry kind of poorly asked. (Canada buyers didn't want to pay for that high shipping cost - in the USA it was a $95 item with $9.87 shipping)?
I’m not sure where to ask questions but hope this will do. Love your videos! Thank you so much for sharing your knowledge and experience. How do you keep records for what you buy at yard sales, etc where there is typically no receipt given?
Long time eBay seller here. I attend estate and garage sales every week. I inventory everything I purchased on paper. At the top I put the location of the sale and the total I spent. if I know what I paid for each item I do itemize by item. If I don’t I’ll estimate that amount giving each item a value so that the entire lot adds up to the total amount paid. Then I enter everything I purchased into a spreadsheet grouped by each sale and by date. This makes it easy to figure the cost of item sold when I post my sales each week. I actually use 3 spreadsheets for my accounting.
1) Master Inventory.
On this spreadsheet I enter every item I buy grouped by date and location of sale. This sheet has the following columns:
Date, name of item, cost of item, sold amount and date sold.
2) current Inventory:
When I enter my inventory into my master inventory sheet I also copy that info into this spreadsheet grouped exactly the same way. When I post my weekly sales I’ll remove all sold items from this spreadsheet. This allows me to know the exact amount i paid for the entire inventory in my warehouse at any given time.
3) sales by month spreadsheet.
This keeps track of my sales and the net profit by month.
I hope this helps!
Antiqueexcavator on eBay.
you need a store for seller hub I think. I got mine that way
I had access to seller hub prior to having a store.
Hi Justin, thank you so much for your insight, efforts and great videos! You've given me the confidence to start selling and I'm about 2 months in now. I watched the video about promoted listings and set a lot of my sales to the promoted 2% as suggested. Later I looked at my listings and it looks like Ebay had assigned a campaign to each of them. There is an "Edit Campaign'" underneath each of the percentage boxes with a radio dial that seems to indicate there is a campaign assigned. Am I doing something wrong or is that just where you'd go if you wanted to do a campaign? I really don't want to get into campaigns, just standard promotion for 2% fee upon sale. TY :)
16:20 don’t be so hard on your content. Some people might not have any sales yet, and your videos are informative for them to take their listings to the next level. Not every sale is a home run. For your next video, here’s a question what is your death pile looking like? Just curious if it’s smaller than my death mountain.
Thumbs up! Thanks Justin. Quick question... I thought I recalled a video where you almost always offered free shipping, and just built the cost of the shipping into the sales price. Yet I see that most everything you sold in this video had a shipping cost to the buyer. Have you had a change of heart about free shipping? TIA.
Have been following your TH-cam channel for a while now and listen. It's made me more money and saved me time to spend doing life. Appreciate you!
Lol, same! once in a while, I make either a quick sale or a few extra dollars directly from following his advice and I sort of feel like I owe him a commission 😂
pay up
@@justinresells 🤣❤
Question for next week. Have you ever had a sale reversed due to fraudulent credit card use? If so did you lose the money and the merch? Was there anything you could have done to avoid the issue? Thanks
Random story: a couple weeks ago I sold an item that I had gotten rid of months ago and just forgot to take down the listing. I apologized and canceled the sale as out of stock, but was a bit worried that they would give me negative feedback….fast forward to yesterday, and I have positive feedback from them telling me how nice the item is!
Do you run a risk when offering free shipping, especially if you have to ship the item internationally? I'd like to start offering more free shipping options, but don't want to get burned if having to spend more than $7-$8 in shipping costs. Thanks for any input.
hey Justin, love your content. I have 2 questions for you... #1 my payouts do not reflect my 90-day total. Is this because of shipping and fees? Even when i add up my all of my sold items, it does not add up to my 90-day total (I'm new so this is all of my sales). Lastly would you be able to show us what we should be keeping track of on a spreadsheet? (for tax purposes) I have a google sheet with the item, purchase price, purchase date, sold price, sold date. I feel like I'm either keeping track of the wrong things or not enough things. Thanks!
That's a great question. I'm in the same boat. I'm fairly new at this. But I did figure out that the amount that they pay me out is minus the shipping and fees.
I started a spreadsheet listing the item, the date posted, the date sold, the listing price, the actual selling price, the fees, the shipping that I paid, the final amount and my net profit. I'm hoping this information is good enough for tax purposes. I write the mileage on each receipt. I'm not in a position right now to add on any subscriptions or apps to do the math for me.
How do you “guess” at sizing when the tag is missing or not readable? What changes in your listing when this is the case?
Well this makes me feel better knowing I wasn't the only one with a crappy week in sales.😢
For the SKIMS, were you allowed to use the product stock photos because you bought directly from SKIMS for reselling and got approval or something? I thought that was something u caution against because of VERO
I know all of those games, Justin. That was my PC era of gaming before I had kids and too many management duties in tech.
Hit me up any time with questions on old PC Games.
I love that first question!!! 😂
Do you feel like it is better to list movies,games, cds, or multiple similar items on one listing using variations or list them all separately?
Hi Justin, I love your videos. I do not have eBay Seller Central, and I've had my account since 2004 with hundreds of sales. I gave up trying to figure out how to access it.
I had the same negative comment on an item. Never messaged me just went straight to feedback. I did ask for a revision. No luck. No luck with Ebay removing it. I responded to the negative feedback telling the buyer please open a return (three times) four days later she opens a return. I did send her a message saying I wished she would have just messaged me instead of going straight to feedback. Also said I would have resolved the issue on the message. No win situation. Went from 100% rating to 95%. Ugh.
Sales have been next to nothing past three weeks. Something is going on again. Promoted is taking a lot of money from us and with no sales not too encouraging on its effect. Wow, would be nice to sell everything in 24 hours; but definitely the shipping supplies would be an issue; we keep a good supply of boxes but don't have enough since so expensive and with our uniquely shaped items, we have to always improvise.
Hey Justin, im wondering how you decide what items you will charge shipping on and what are free postage ? I've noticed that in some categories , it is expected that shipping is free i.e. books , but clothing esp in Oz , all have postage in addition . I've noticed that since expanding from just books my ROI has improved considerably !
I’m looking into starting to sell thrifted items on eBay. Should I join Flipwise before I list my first item? Or should I get eBay figured out first, then join and learn Flipwise at a later time?
List a few things on eBay, then join!
Hi - I have been watching your videos religiously for the last few months and have been growing my eBay store. Thank you for the helpful content. My question is, when listing items with 1 day handling time (as someone with a full time job during business hours) it is impossible for me to ship something the next day if the items sells after 10:00 PM when I’m sleeping. I can generate the shipping label the following day of course but not get the item to post office. Is that ok? I’m a top rated seller and want to get ensure I don’t get dinged for not adhering to the 1 day timing.
I still can’t go around corners without thinking of the old lady that shot me as I was going around the corner on the game called SWAT or at least I think it was that game. 😂
I think Scott is a friend 😊
I loved police quest, Swat, when I was younger. Based on the ex chief Daryl Gates I believed. Good game.
What are the regulations on shipping liquids such as perfume, lotions, or cleaners through USPS? Also does EBay have rules on them? Thanks!
Awesome as always man 💪💯
16:18 rewound and laughed multiple times at this part 😂
Same haha!!
Justin, had a weird thing happen a few days ago. My daughter occasionally comes across things that she then brings me to list on ebay. This time she had a World of Warcraft item. Since neither of us were very familiar with it, we each used ebay lens; came up with nothing. Then we each used Google lens...sitting in the same room, just a few feet apart - and each of us has an Android phone - yet we came up with different results! Which we found very confusing and frustrating. Hers led her to ebay listings, so did mine... yet again, when we typed in the exact same words to ebay, mine could not find any results, while hers found similar but not identical results to what we had typed in. This can be extremely confusing, especially to newcomers. Got any suggestions?
That's weird, 7/13 was my first no-sale-day all year, much longer than that actually.
I spent way too many hours as a kid playing SimCopter (along with SimCity 2000)
2 days of no sales could be people saving their money for Prime Day and Comic Con. I personally am not buying anything until after Con, then start selling.
Could be, my sales were definitely slow this past weekend, when the weekend before it was pretty good.
Hey Justin. Does Canada to USA and vice versa not use the global shipping program?
Hi I don’t know if the rules are different in the US but I contacted eBay as I’ve had 3 TVs damaged!
I spoke to eBay and they said I don’t get charged transaction fees as long as I refund the money in time
I'm sure you already answered this question in another video however , i'm going to ask anyway. Do you use stock photos or do you take your own pictures?And if you do use stock photos have you ever had a problem with a buyer because of it?
Never use stock photos. Always take your own. It’s the quickest way to get suspended for copyright infringement.
I expect everyone will have a lot of lower sales with the shipping prices going thru the roof. Ground shipping $10+
Hello! At what value do you invest in additional insurance when shipping USPS?
How are you Justin? Recently another flipper on TH-cam said that eBay does not like the listed item's title in all caps. He also said he doesn't really know why this is. Have you heard about this? If so, do you know why?
What If you are doing sale comps researching an item and all sold items have stock images should I use stock too or should I not be worried
Thanks for another great video. Question about Flipwise. Is there a way to do a manual entry? I've gone to list items only to find it not worthy and I end up donating it back. I'd like a way to track these purchases. Thanks!
we're working on that functionality right now
Soo many returns recently for the past months. Been selling for 5 years
Justin, now that you have been using PL for about a year, what has been the trajectory of your sales lift longer term? My thought was that turning them on may lead to a shorter term spike (like the doubling you reported) but longer term I'm wondering what that inflated number of impressions (shown to people who may or may not have been keyword searching a match to your specific item) does to the click through and sales conversion rates that eBay tracks. These metrics very much have an impact on organic search placement. My resistance to using PL is that I would not want to "trade" my high organic placement for a PL placement that rotates among all the other promoters and could damage my placement/sales down the road. I have done many tests on promotions and can confirm it only took a few days for my organic "top 20 search slot impressions" to drop from around it's normal percentage of 18-20% into low single digits. Has your sales lift held steady at double of where you were at pre-promotions? Or did you find that was a shorter or mid-term bump that eventually left you close to where you started before you promoted? Basically, how is your sell through rate currently compared to what it was before you ever used PL? Thanks!
Just to add, I haven't run into anyone who uses promoted listings who has a Top 20 Search Slot Impressions percentage (in Traffic section) over single digits.
This year it was slightly lower, making up 48% of my sales, but obviously still pretty high.
Is there a way to promote all your listings at 1 time for the 2% or do I have to go back 1 at a time?
I hope you do much better next week, but part of me (the asshole part) hopes you don't because your commentary about the flips of the week were hilarious. I have a question for you about notifications; do you manage them at all? I get annoying pop-ups from the Ebay app about items I looked at to price things I'm selling. It can be frustrating to think you got something about a sale, but no; the 'made in occupied Japan' mug (that I already have two of) is now 5% off. Thanks Ebay!
Hearing you say “sh*tty” really caught me off guard. 😂
I actually planned to bleep that out but forgot. Heh.
I bought a wallet off of ebay and it came in not as described. The stain did showed up in the photos. But in the description it said that the wallet was in wonderful condition. The stain was blood, of course I didn’t know that until I tried to clean it. The seller paid for the return shipping, they paid me back for the cost and taxes. But they didn’t give me back what i paid for shipping. I just left it as a loss. What’s your thoughts on this.
They should have refunded your shipping too. Reach out to eBay if you want it back.
Does the sellers hub only appear if you are a business seller?
Could you start a podcast with these?
How do u come up with a net of almost half???
“Is this a threat?” 😂😂
Hi Justin I wanted to know if you can help me find the SKU on my eBay store. My eBay store is on the same as my buying page . I have tried everything I have watched so many Yt videos. My page doesn’t have any edit or anything that can help me find the SKU most videos say it should be under the pictures. I was wondering is it because I don’t have a shop I am at my wits end any help would be appreciated. Thanks for all your videos you have helped me so much. I have only been selling on eBay for only 4 months and going well but want to list a lot more but need to organise my shelves. I have had a shop with Etsy for 4 years so have some experience with selling. Cheers Tricia from Australia.
I am struggling more than ever on eBay, feeling very defeated.
Another excellent video. Keep em’ coming.
Thanks!!!
what seller level do i need to have for "promoted listings" ?
Simcopter wow seen simtower and isle but not copter! Love pc tycoon games
Change my mind: People who refuse to promote any listings are either overly attached to their items or spent too much money on them.
Thanks!
The tribes game I recognize
Do you have any tips for sourcing on Facebook Marketplace that doesn't make someone want to sob, drink heavily, and then sob some more? I'd love to be able to source from there but the search tools they have seem to work about half the time at best. For instance, I check local pick up only within 50 miles and, without fail, there are items 4 states away that people would love to ship to me. Or I ask for items from the last 24 hours or newer and there is still stuff from 3 weeks ago. It's an absolute nightmare! Is there a way to browse individual categories and sort by the newest listings or something I'm missing? Or is it the backwards unintuitive nightmare that I think it is?
th-cam.com/video/bW6W1qZ6zQI/w-d-xo.html
@@justinresells You sir are a saint among men!
Hi did you say how much you promote at as an everything seller ?
2%
@@justinresellsFrom what I’ve gathered if you have high sell through items you can do 2% but low sell
Through you will want at least 8%
Tribes was amazing…