Not sure your figures are accurate.... Sale price = 1253 Costs: Fees - 143 (debatable, more like 150, more if promoted) Cost price - 218 Shipping?? No mention of that, but £3 (minimum) per item, plus packaging - 108 VAT (surely you are VAT registered with all that stock and sales) - 20% 250 or a different scheme (lets say 8%) 100 Profit after these is 684 so £58 per hour However.... You need to pack them and drop them off which will add time and costs. Also there are 3 of you, so divide it by 3 and it comes to less than £20 per hour per person. Strictly speaking you should also add in storage costs, insurance, and all the other costs to run your business. If you are going to do it, do it right!
Word of warning about getting a van - van insurance can be crazy expensive (and not cover as much as domestic car insurance, even when car noted as used for business) - unless you need a large scale transit size van, recommend getting a car with a van base, so can get domestic insurance - something like a Citroen Berlingo or their Peugeot equivalent
@@stretchoxford7835 agree with this, I have van insurance but because I use it for my work you need “hire & reward” insurance my car insurance was £250 Van insurance 2000 it’s a joke
Do you have your eBay account as a business or as a personal account please as I am new and just starting out thanks you for your help I am in the Lincolnshire area
I started buying of Vinted a while ago but now buying of whatnot so many too many bargains on whatnot which is a killer 😮bought so many trainers so cheap and new and used plus bought 4-5 vintage duvet covers today which go for £50-80
Love to see you doing well, you’re the first reseller I watched a few years back now and the reason I started doing it! Always pick up Clark’s and hotter because of you 😂! Congrats on the success and keep going 🙌🏽🔥
@@bezzle123 obviously, but I wouldn’t picked them / bought them if I wasn’t confident enough they’ll sell just literally telling how much I paid how much there selling on eBay :) Checking eBay solds is key in this game
Good luck finding the right space. Good finds & some good new brands for me to look out for (glad ya found phase eight tag too I was worried was Shein) 😂
If it’s winter stuff I wait only due to the shear amount of volume we have going on the store makes sense to keep winter stuff behind for sure, we’ve got probably 1900/2000 items on eBay as of right now
a few of my local charity shops have massively upped their prices, it's made sourcing hella hard! I'd never heard of Joe Brown before, will keep my eyes out! great vid my guy
Some really great pick ups. I just think u have better car boots. My local is ford which I know you went with Sam. I just don't think these pick ups would happen in my area.
