Link to shipping scale on amazon (affiliate link) - amzn.to/3rppZT9
In this video I address some questions I have received on my previous videos about selling ties. In the comments I have had questions as to whether it is still profitable to sell ties on ebay or if there are too many sellers to enter the marketplace as a new seller. While it is definitely more competitive than when I started originally selling ties on ebay, I find that there is still opportunity to have ties as a part of your reselling model and to make great margins on the right products.
The most important thing is to find the right brands. I can't say this enough, but you need to make sure you are sourcing ties that people are actually buying and are willing to pay at least $20 for used. If you are looking to sell ties in the sub $10 range then you are going to likely be frustrated by the amount of work for the minimal amount of profit to be made.
Like you would for any other business, do your research before jumping in. I always like to go on Ebay and search in the sold listings for products that have sold for an amount greater than what my ideal minimum sell price would be. I typically filter so that I only see the sold listings as most of what I sell is not new. I also don't typically care about auction sales, I only want to see what someone went on and found and paid immediately for an item. This seems to give me what I believe is a more accurate look at the going rate for used items. When you have started to identify brands/styles that seem to keep coming up and are getting the sale amount you want in high volume, you know that is a brand worth writing down.
I have done a lot of this work already and go into detail in my complete guide on how to sell ties so if you want some help go watch that video on my channel.
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28 сен 2024