Great video. I don't know why I stopped sourcing CD's, but you just reminded me I need to be looking! I always slack when it comes to CD's, ties, and books. Between the 3 it's easily another 10K in a year.
Exactly. I get people on here telling me that its only a couple extra thousand and its not impressive, but a couple extra thousand in 5 different categories adds up quick.
This video made me sign up for amazon to sell CDs... and I can't sell CDs on amazon since it says I'm restricted. How do you sign up as a new seller and sell CDs right away? Do they even let new people sell CDs now (In the USA)? Same with audio cassettes and almost anything I scanned with the app. Can you make a video on how to not be restricted?
This year I have sold many CDs on Ebay several of them over $170 each... it is crazy how much some of these are worth... and all the $170+ ones were used...
I really like pretty much all your content, but this was a great idea. I hope you will continue to make “how to” videos like this one focused on a specific category you sell in.
This really is a good way to make money. I used to do this before I started my private label amazon FBA business. A thrift store near me used to do 8 for $1 CD's, 5 for $1 DVD's and 3 for $1 video games. Easy money and all you have to do is put in the work.
Love you videos...been doing eBay for about a year, just started listing on amazon as merchant fulfillment too see how it goes.thanks for the great videos.
Old video, I know. However, I am wondering if you ever come across international versions of CD's. I am looking for one in particular. Paula Abdul - Head Over Heals This is the international version. It has added songs and a different track listing than the American version. I think it is a Japan exclusive. Now, I obviously want one in really good shape. Even if it is used. Another I am looking for is a limited edition version of Paula Abdul - Spellbound. This is the exclusive that came in a box and instead of a regular CD case, it was in the shape of a makeup compact. So the booklet was in the shape of the compact and it had a powder puff inside. These are the last two I need to finish off my collection for her. So, if you see this comment and can help at all, I do appreciate it.
once i get some more money im definitely buying that cd repair kit. i bought a cheap $20 on and it died 30 uses. you especially need a disc repair kit when your buying from red white and blue, they toss discs around like playing cards.
I tried your technique & after three hours of scanning I ended up with 38 that I purchased my thrift store let's me have them for $0.50 each. I spent $18 & I should average $12 average profit per CD. I do the same technique with my books it's just putting the time to make a profit.
Good luck with averaging $12 a disc. I sold off some of my cd collection on eBay years ago and yeah, you can make a profit. You just should also consider the $1.50 per cd on packaging materials (if you don’t want them to crack) then there’s shipping, yes you can include that in the total price but you are going to get the customer that says, hey, I paid $3 for shipping but you only had to pay 2.18. You want to keep the customer happy so you send a refund. eBay then takes their share. And gotta consider the time it takes to post listings, packing, driving to post office… anyway, I encourage you to go on with your plan, I will suggest that you do some research and learn what’s collectible. You won’t leave the thrift store with as much stuff but you’ll make more per transaction. Look for special editions or collectors editions with unique packaging. After years and years of searching for media you’ll learn how to instantly spot it because it’s something you never saw before. My personal record was $1.50 cd from clearance bin and it sold for around $140.
Good video but don't do FBA. When you add up the fees you are better off shipping yourself. Once AMz has control of your inventory they can pretty much charge whatever they want and trust me the fees gwill go up and up.
It,s a labour of love-you can be like me, love music of say Nat Gonella from the 30,s and get few sales or you can go popular get loads of sales with iffy modern artists-guys like Eric Clapton,s guitar drives me sane !
I have about 200 cds listed on Ebay (a bunch are new) and about 250 cassettes. I'm wondering if I could sell more on Amazon. I haven't sold on there about 5 or 6 years. Not sure if I could get back o there or not. I'd rather sell from home though.
I'm amazed every time I see how in America thrift stores are such a thing! Almost impossibile to find used things store here in Italy with high quality products on sale. I presume people here keep things until they die!
Number one selling rule is sell what people like,in excellent condition and under cut your competitors but in my case i,m a pre 1960 78 rpm era collector and old discs material simply does not sell in big sales compared to say lady gaga,s latest junk music.but then everyone to their taste because there is a lot of snobbery in music tastes and different quality of sounds and you can,t easily compare pre ww2 recordings with today,s modern music-the former is massively more interesting in the music I deal with !
I know this is an old video and it's late November 22 if you have any advice CDs DVDs books if it's over or if it still working please tell me thank you.
You're missing out on the really profitable ones this way. Self released stuff can bring in big bucks and often is NOT on Amazon. I've sold CDs on Discogs for as high as $300
Hi Jesse, I am restricted on cds but I think I'll start my Ebay business with cds. What do you think? By the way did you list that Shaka Zulu movie we found at the Meet up? I've been curious lol
lol wtf mannnnn I just tried updating the seller app and I'm not seeing the continuous scan feature with an iPhone. if anybody has an iPhone and knows for a fact that the continuous scan feature does work on an iphone please let me know
How long did it take to scan all those CDs? I am curious as to the time spent vs the profits indicated from the app. I do books and it seems 8 cds for the amount you scanned wasn't high in quantity. I am assuming you were after a high profit margin only. What is the minimal amount of profit you are looking for when picking them?
Sorry I think I figured it out, but maybe you can correct me if I'm wrong. $17avg sale price $8.00 profit after Amazon Fees? Minus cost to purchase + Shipping to FBA.
@@Tistaminis But who buys cds in 2018? I swear I just don't understand the market for these items and the profits claimed to have made...PLEASE someone HELP me understand the formula because I just can't believe people are buying cds, vcr's and type writers these days.
I just recently picked up a blue tooth scanner and it saves a ton of time once its all set up! I would recommend anyone selling media or book pick one up, they are relatively cheap on Amazon.
lol dude you're not kidding. Those little discs definitely eff up those buffing pads SUPER QUICK so I do the same and have separate pads for GC....but there's a good amount of valuable GC games so its worth it
Can you send me the Timestamp? Ill take a look. edit: NVM I found it. Yeah I make around 50% Profit on my CD sales. I spend on average $1.50 per CD. My Cost of Goods is pretty low when I am selling them for an average of over $20. Im not sure if you were saying I'm "way off" by being too high or low though but If I sell a CD for $20 that I bought for $1.50 Im usually profiting $10 at least per CD.
Not an expert at all, just a small part of my entire business. CDs are just pretty darn easy to source so I incorporate it the best I can with what I can find.
That's a lot of work for $6000 a year..😬 I like the passion you have, but still. A regular/normal job pays much better than this. Is this just a hobby or your income? Just curious.
@@ThriftSchool Okay, but isn't that a lot of work? Going to second hand stores, search for items, scan them, buy them, taking them home, cleaning, place it on a website, sell them, sending it over/shipping.. How do you even find the time to do some other things: cleaning the house, enjoying spare time etc etc...
@@wheeldealrepeat3698 Yes, I understand what you're saying. It probably does have something do to with that. I don't mind working hard, but not always. However, I do sell CD's myself when I have the time for it, but it's more like a hobby. It's not because I want to make a living out of it. It's a lot of work, and it costs a lot of time, and you won't end up rich from doing it. I think I earn more $ from my work at the office than I would earn on fulltime buying and selling CD's and other stuff. But okay, it's a choice you know. You have to do whatever makes you happy in life.
Why would you recommend people sell thrifted CDs as new? You're asking to get your account permabanned. Advising that is irresponsible and plain stupid. Anything purchased from a thrift store must be sold as used full stop. And why don't you have a scanner? Please learn how to do things the right way before you recommend others follow your "technique".
