I’m genuinely curious, do you not take constructive criticism well? (as observed in some of your replies to people’s comments) or do you believe your way is the only “right” way on eBay?
Thanks for posting to help out and educate new comers. Just started out and sold my first pair of nike runners this morning $12 bought sold for 30$ not to bad for My first ever sold product.
@TheAussieFlipper thank you! definitely worth using the ebay apps you have shared aswell! Have walked away from a few items because of these apps, keep you from purchasing items that either won't sell or you won't make much from.
I think dollar value is a dangerous mindset to lock into for beginner sellers. It all comes down to the product, price, listing quality and customer service metrics. You could list 5 Taylor Swift CDs at or below market value and they’ll sell every day of the week. EBay likes you putting quality listings into their platform that buyers want, not because of a high dollar amount. If new sellers focus all their energy on placing high dollar amounts into their listings, they’ll ignore the most vital parts of selling on eBay, which is sell through rate, listing quality, building good seller metrics, customer service as well as a good price. Their listings will never be placed in front of the right customer and a new seller will end up with a store full of over priced inventory that doesn’t sell. I know you’ve touched on all this stuff before in previous videos, but think it’s worth highlighting/clarifying to anyone who listens to this.
I don’t think I weighed in too heavily on high asp being the only thing to consider. Price, photos, title, sell through rate was all discussed in this video. I think units per day is a easy way to start adding junk into your store trying to hit a unit metric when really to your point of you just bought an item that was desirable you’d get a better result. We’re in it for profit in your pocket so a high asp comes along with that and I’m a firm believer in the comments surrounding what’s in it for eBay which naturally plays to listing higher valued stock
I do tend to agree with this. Ultimately ebay will always put an item in front of potential buyers regardless of ASP. Plenty of great ebay sellers sell low ASP items, but do it in volume. Most casual resellers adopt a different approach to this for obvious reasons. If its a less than desirable item, the item will sit around and have a slow sell through rate (regardless of price). The metrics that need to be adhered to are quite simple: Pick up and sell quality items with fast sell through rates, but only if it leaves you with your desired profit margin as a metric. Junk will only accumulate in your store if you aren't strict with meeting the metrics you set for yourself. I think something which isn't discussed enough (not relating to this channel specifically, but just in general in the reseller space) is not only the consistency of a listing goal (whether you're a believer of volume or ASP).... but ensuring you are having a sourcing budget/goal as well. Many times sellers will purchase items in front of them because they know it has the potential to make profit, but ultimately a lot of us get burned by tying up our hard earned profit into new stock. If ebay stopped trading today, having a healthy bank account is far more important than overspending on stock that is either unlisted, listed but hasn't sold or simply has a slow sell through. I value the weekly spending budget/goal as importantly as my listing consitency. Sure there will be times where you need to drop a little extra $$ on a private pick or opportunity that is too good to pass up, but the key is being prepared for those situations, and the only way to do so is building up cash in the bank and not sitting on stock that isn't selling. Paying up and having a high ASP doesn't always mean good results if the item isn't selling.
All good Info Matt , I like using the small auspost boxes though ,can Get heavy things posted up to 5kg for $10.90 if they fit in that box . Side hustle is best with eBay as you know you will be fed off your pay and eBay is the cream .
Most of the time it is cheaper to pay for the Auspost flat rate boxes because they are light and strong compared to random shaped, heavy boxes you get for free.
I feel for you because of your postage.. I live in Sweden and my costumers nearly always pay the postage, and it s about 8:- AUSD up to 9 kilos, after that I pay additionally 3:- AUSD. And I thrift large boxes, cut them down to size, which takes me max 5 min. so I have no cost there. Makes my numbers really good. Good luck to you, your doing great. Hope your channel will grow!
Death pile that took ages to sell, I listed for 0.99 cents sold with paid postage just to move it faster, got good reviews as a bonus but I just needed that shelf space.
Damn, I never even thought of using that SKU label for something like that since everything I sell's easily sorted and stored anyway. I'll have to give that a go...
Fantastic video!! I'm glad I just happened to come across it on RU-vid. Two questions: Do you have a video on the packing/shipping of items you sell? ( This seems to be a main concern in packing items correctly). Also, I follow many ebay group sites and the many of the issues that sellers have to do with scammers. Do you have a video on how you deal with scammers or lessen the chance of being scammed. Thanks for the great video!
One thing about naysayers is they generally have a lot to say but when it comes down to it they have nothing to show, all noise but no substance, its sad on their part.
Hi I just wanted to pop on & say thanks for your videos. I sell new items on eBay and I always get something out of your videos that I can apply to my store 😁
Lots of good points throughout your video. I think sometimes RU-vidrs need to use titles for their videos in order to get people’s attention so they will watch, it doesn’t bother me. I knew that you weren’t quitting altogether and it would be about habits that you have changed.
I’ve followed suit and started focusing on listing items based off a certain daily price and not based of quantity of listings per day. I’m seeing a major uptick in my sales AND (of course) in my 90 Day Total. I’m having so much fun spending more time reselling again. Still going great in real estate but I’ve missed the rush of reselling and having amazing sales come through. 🎉🙏🏼 Thanks for all the advice and tips!
hopefully the new listing habit provides the efficiencies to work on both jobs and enjoy each! thanks for the support as always promise, great to hear from you!
Great tips 🙂. I sell books so using the flat rate Australia Post packaging works out a lot cheaper for me especially for heavy bundles. I only use my own packaging if weight is under 500g. Would love a detailed video on international post. Not so much on costs but more about the labelling requirement for different countries. How to display VAT properly on the outside of package for UK sales etc. Germany requires you to sign up for packaging act. High insurance costs have put me off selling to US (as I’m only a small seller). I’m probably just overthinking it all 😂
Hey Matt I would love to turn on international shipping but Just wanted to know if you do flat rate or calculated shipping there is so many options standard economy express just wanted to know what would you suggest for a new seller. Have spoken to post office but they really didn’t help. Cheers thanks for all you do I have learnt so much Cheers Tricia
They shut down one of our local post offices so the next suburb’s P.O. is super busy most of the time now. They no longer have the time to explain things like international postage costs or business accts.
Yip I'm scaling down the stuff I have, probably going to follow suit and go into dvds,Games ,consoles, books etc as they seem pretty abundant here in nz especially the boxed sets etc, im geared up for vintage clothing but it's such a task and disappointing driving for hours for little returns, cheers mate the start an eBay store vids has been super informative for me, Cheers Bro.✌️
Great tips! I'm a bit confused. Can you not buy your shipping labels directly from eBay in Australia? I'm in Canada, and I buy my labels almost exclusively from eBay, usually at a significant discount over what even my commercial account can get. (Just shipped an item to Israel for $38 that Canada Post would have charged $115 for the exact same service...)
Thank you for this awesome video. Does anyone know why I can't see the SKU / custom label option anywhere in my ebay app or web-based version? Is there a prerequisite before it shows up? have googled it a lot but alas...
Hey Mate had the same problem when you sign in to eBay sign to Seller hub you will be right there. It took me months to find it and randomly watch a popular RU-vidr list then saw he was in Seller Hub hope this works for you .
I too have a sku system like yours - so easy when receiving offers, all info is right there when deciding to accept or counter - and I sort my active listings using my sku too, so most recent listed items are always on top.
Hi do you know how to find unsold items that eBay have deleted after 90 days? I’ve kept the item numbers but couldn’t find the items by entering item number Thanks
@@TheAussieFlipper thanks I meant find old items in the eBay system so I don’t have to recreate the listing. I’ve done the stocktake, have a list of the missing item numbers but don’t know how I can find the old listing. I’ve been travelling for 3 months so some have aged out
Honestly feel that anyone out there doing eBay should just do it how they want to and not watch guides. You'll fall into the trap of thinking you have to do it how these RU-vidrs do. I list 20 items one day a week and have no issues selling.
Yeah but what if you tried scheduling every day… just because you sell doesn’t mean it’s the most you can get out of it. I’ve trialled and errored many different ways of doing it and listing live each day with a set value works better than other alternatives. This channel has only ever documented my experiences. Just putting it out there to help others. If you’re new to selling I think this information gets you way ahead of the pack fumbling their way through the process so RU-vidrs with ‘guides’ on the internet do have a place
@@TheAussieFlipper buy good items and they sell, won't matter when you list them. I've watched your videos for a while and never gotten anything educational out of these guides. Also the click bait is cringe
@@TheAussieFlipperyes, but..it’s still click bait. And you know that. 😅 click bait works, I clicked becuase my mind instantly went to thinking “he’s quitting reselling?”
100% agree buying in bulk. I’ve been able to get myself into a position where I can source 4 times a year. Anything extra is a bonus. I do miss being forced to get out the house daily though 😂
This would have to be the best video you have put out. Im just starting my store and the lessons learnt from your experience will be very helpful. Im from regional WA which is an advantge to the Eastern States as we still have plenty of real Op Shops that I have found amazing bargans at. Just yesterday I picked up, Pilgram Moleskin jeans, Perth Scorchers Cap and a Rod Marsh/ Doug Walters hard cover Cricket book for $5 the lot.
