I've have been selling on eBay part-time for over 15 years & started full-time a little over 2 years ago & to be 100% honest it takes a certain type of person to do this full-time......You gotta have qualities & experience in many different field's & I've been collecting or selling vintage toys/sports cards/electronics or antiques my whole life basically & I'm only 42 but it took a lot of time & dedication to learn what I know & now I sell over 1k a week buying only from local source's & I'm still climbing so it's definitely possible with lots of hard work....... I haven't started RU-vid yet but that's the next adventure because I'd like to share with people on how I do this everyday......Great Video & just subbed......
I used to sell lots of what you sell but it is getting very hard to find good stuff to sell now.I used to get so many things from garage sales and flea markets but getting very tuff now
@@etchosts8162 This is why I've made this my goal. My dad owned his own business for 40 years, so I'm well aware of the drawbacks and challenges that come with it - but at the same time, being your own boss is a massive benefit that can't be understated.
Thanks! This was very helpful. Yes there is a lot to it. I enjoy the sourcing and am still working on expanding my niches and ways to get the best inventory that will actually have demand! I look forward to watching more of your videos.
@@etchosts8162 Absolutely agree. Being your own boss should always be the ultimate goal. Even if you start working a part-time job, you’ll eventually transition to working for yourself.
I watched RU-vid my whole life and this is by far one of the most well spoken smartest individual I came across. Bravo! By the way you speak and deliver information you deserve everything you have. Thanks for the advice :)
I really related to this video a lot. People don't realize that although selling something on eBay is easy, making real money is a lot of work and takes a lot of thought.
My wife and I full time resell. We haven’t focused on one particular thing because we love sourcing in bulk at liquidators, storage auctions, auctions in general or yard sales. We have several avenues for selling though. eBay is definitely the largest but we have an indoor flea market, yard sales and a huge 10 outdoor flea market in October. Right now we average about $800 a week on eBay (it has been higher). We limit ourselves because we like sourcing more than we do the listing. Thank you for sharing your thoughts.
Also want to add that I loved when you said "Just because you read about it or watched it on RU-vid, does NOT mean you can do it. You got to practice" . No wiser words have every been spoken! :)
I have a rule. I don’t buy just anything to resell. I buy things my size things that I need anyways or things I think are cool myself. Essentially I’m only selling my personal collection of cool things. I feel it helps me stand out with a bit of character. I’m not worried about stockpiling overhead. I like sharing cool things. If it sits on my bookshelf or someone else doesn’t matter to me. But I won’t bring myself to be one of those “flippers” that just sell anything.
There's so much free access to where you can learn that knowledge with google and youtube that you just have to invest some time into it and make yourself do that not so fun part of the business
@@AyeWall Yeah, there's plenty of info out there. I feel like business is kind of like music though. Like one of those things that some people will never be able to do.
@@wtfyoumeaninvalid i suppose so, not really sure. It came pretty natural to me. I went from what he said of sourcing around my house because it sounded fun to 4mos later i'm doing $6k+ gross a month on just ebay and now doing amazon fba as well.
Just contacted my first supplier with a wholesale pitch. Been selling their product sourced from Amazon...if I can get it direct it takes my biz to the next level. Inspired by you.
This 48 yr old momma knows her Pokémon! It’s Bulbasaur! I’ve raised 4 boys and one tomboy and they all love Pokémon! Now that my kids are almost raised, I’m watching your videos and learning how to grow in a “new” direction! Thanks for sharing all of your hard work and knowledge with us! It makes a difference to many of us. 🥰
Pokemon Bulbasaur, cute! I'm still downsizing my home for now. Will definitely come back to this video when I need to start sourcing and need a good reminder of what I can accomplish and can do. I remember watching you when you started out in your garage and had very little furniture in your house. Very cool to see how you have grown and your accomplishments. Thanks!
Don't know anything about the Pokemon but what I do know is that I learn from your videos and I appreciate you putting the effort forth to create them!
"The majority of people don't like listing more than 4 hours" me over here listing for entire days some times lol but I like to do burst listings, I'll list up 40-60 in one day about 2 or 3 times a week and then every week delist and relist between 70-120 listings. Idk works for me. When I list up a bunch in a day I'll make between 20-30 sales in 1 or 2 days after. Oh, little tip for those who made it this far, local free listings are a great way to source things for free. I pick up free things all the time and fix it up and resell it. I was given an autoclave (sold for 1500) and a sentry air system (sold for 650) for free because the guy needed help cleaning out his storage and removing trash from it. He had to be out that day and couldn't sell them himself in the time frame he needed. Seriously. You would be surprised at what cool things you can get searching your local free listings.
Been enjoying your content for a little while now. You have helped me keep focused on daily improvement. Bulbasaur, I sold one on ebay when I first started. Made great money on that guy!!!
Bulbasaur, a highly underrated Pokemon! And you're so right, it's different when you begin to transition from selling all "your" stuff (i.e. the Columbia boots off my feet) to getting new inventory!
Like some of these other folks, my wife and I are starting our own business. One thing I’ve been saying is inventory buildup = more sales. Trying to get it to where it’s no longer an investment but lot purchases are made from profits which in turn = more sales. You sir are the fourth RU-vidr on reselling I’ve subscribed to and this is the first of your videos I’ve watched. While all have their pros and cons, this has been the most informative. Thank you for that. Looking forward to seeing what else you have and what else you put out.
Wow! I thoroughly enjoyed every min. of your interview on Dominic’s channel (Prime Time Treasure Hunter) Chris! You have a very numbered approach to business and I fully appreciate that. It’s how I do business as well so it’s really great to find someone who speaks the same language that I do! I just subscribed to your channel so I’m looking forward to learning more about resale... from an investors stand point! (That’s my approach to the resale game.) For me it’s all about the Infinite Returns and the numbers approach to resale is what it’s all about! 8
Hey Chris. You do such a great job on here helping us. You have the voice of a radio dj and I love listening to your tips. You inspire us to work harder.. oh n of course.. bulbasar
I genuinely saw a RU-vid video and thought “hey this is pretty easy” and I started with 1 item and now I’ve been doing it for 5 weeks and I’ve done $1500+ in sales and have a profit margin of around 24-28% after all costs and expenses. This is now become my weekend hobby and I think it’s more fun than actual work for me, but I understand where the full time aspect comes in. Good video!
gronet75 it honestly depends. I use eBay, Mercari, Poshmark, StockX, GOAT. It all honestly depends on the genre you’re selling. I personally stick to shoes and clothes, but will sometimes branch out on automotive parts if I come across them at an estate sale etc. I mainly stick to retail arbitrage and the goodwill for my findings, but have made decent flips on vintage car parts (since I’m a gear head) lol
Yea, I source almost every thrift store I go to. And my main niche is Electronics and video games on a good week I can make almost 3k. But average around 800-1k a week, but the profits always be at least 5x what I paid for
Im A+ certified Comptia, 901 902, and tbh...with goodwill and yard/garage sales specifically, if you know how to fix up consoles systems or old computers, you can make up to even 5× or 10× what you paid for them after referbish.
Chris you always provide great content that I can take and use. Also exposes my weaknesses But sometimes you need someone to tell you the unvarnished truth.
Bulbasaur! Thanks to my son's Pokemon obsession when he younger 😁 Thanks Chris for your tips and information. You are throwing out great nuggets of information that I need to work into my business.
I agree with most. I am fringe full time. I have a full time 6 figure job and this honestly started as hobby to see if I could do it. I honestly commit about 8 hours a week. The key is to develop a route. For me I travel about 75 miles between 3 states to purchase items from thrift stores, marketplace, goodwill, and salvation army's. Find a niche. I am into media and video games. Find out who the managers are to learn when your specific items are being laid out and show up early. Having a route and niche will be the 1st steps. Media is the best as items are small, easy to ship, and does not take up space.
Thank you Joseph that’s a great advice to share are you still mainly doing video games VHS books sick DVDs or are you finding other items that you like to sell any antiques Cetera
I am subscribed and I always "like" but I usually do not comment. Wanted to tell you that I love this channel and your podcasts. You make me think like an entrepreneur not just a reseller. Thank you!
I love selling on eBay I been doing it for almost 20 years.. it can be fun and easy to sell on eBay you just have to find your easy selling items that are easy to sell but also easy to ship so it doesn’t wear you down! I hate selling big items that’s why I sell small items easy to package and to ship just make a plan for your self and your business so that you do have fun working for your self. I hope this was helpful Good Luck 🍀
Honestly I do this part time, I go to garage sales , goodwills buy cheap items for $1-3 dollars . Sell for $10-15 it does take time and gotta realize you gotta use gas, boxes to ship , tape I understand you
The problem is that people watch all the picker videos on RU-vid and think that it’s an easy business because most pickers only show when they’re successful. They don’t show all the times that they don’t find any inventory to sell. Another thing that they’re not prepared for is all the paperwork and documentation that you have to keep for your taxes. Especially now that eBay is forcing you to report everything.
I love your videos! You're very easy to listen to. So many RU-vidrs are not good at explaining or describing, or they have speech habits that make it difficult to really listen to what they are saying.
Daaamn I’m a broke student I will take anything, been selling on vinted and sold 3 items for 30£ 😅 it took a long time to make the first sale after that I’m finding it so much easier
Our mentor showed us his bank account and we were hooked. Saw out first listing go from low to high on the matter of hours. Had over 6000 items in all categories on an e-commerce site. Joined forums to sell my goods worldwide and still lived day to day because it's a crap shoot. So you are 💯 correct. I got up at 6 and started work at 7. Stopped around 10pm for 7 days a week. Had specific sources and even sold for others but you need to be more dedicated too then working for a boss.
Great point on commissioned sales reps being poor at building this type of business. I've been a sales rep for most of my professional life, earning a good salary while I did it. It's easy to sell and differentiate a product once it's on-hand, but it's another story entirely when you have to source, store and and ship the inventory you need on-hand to sell.
Thanks Chris! I started on Ebay flipping basketball cards (as you know, that market has been insane), but I wanted to pivot to something less volatile and more sustainable. I still like to grade and flip cards, but your channel has helped me immensely. I source every week at garage sales, but I'm becoming nervous about sourcing in the garage sale off season. Currently, I am a full time teacher and dedicating several hours each day (and more on the weekend) to reselling. I would like nothing more than to scale up to a full time reseller in the next 1-2 years (teaching is tough these days). With your help, I think I can make the incremental progress towards that goal. You probably don't have the time to read this wordy rant, but I hope that you do. Thanks!
The advice in the video is sound, but there was no discussion of the most essential consideration -- demand. There are hordes of people selling niche products on Ebay for which demand is limited (or non-existent). You must sell what customers want and will pay for frequently. Otherwise, you will tie up capital by holding too much inventory for too few sales. See the video on the top niches for selling on Ebay as an introduction to the demand side.
I just started selling, a really long time ago a bought a huge lot of strategies. For 20$ got a bunch of Pokémon ones, a bunch in bad condition but about 4 in great condition. I currently just sold the 4 good ones and people are bidding and sending offers on all the beat up ones. BEAT UP, it’s as you say. You gotta make sure it’s desirable and in demand
Bulbasaur! Love your Channel have learned so much. Working my store Parttime while working FT. Gaining efficiencies every. Only spend about 5 hours per week!
Thank you for the information Chris. I’ve honestly wanted to give it a try and so far I’ve made a few sales and hope to keep it up and make enough more so that way hopefully I can transition this into a business of my own and make a full time high paying career out of it.
I worked in a warehouse that was someone's ebay merchandise. The owners had 10 employees and we shipped out a truck load every day. All minimum wage workers and were treated like minimum wage workers. No benefits, they send you home the second the work is finished if you have full 8 hour day or not.
The Pokèmon on your box is Bulbasaur, number 001 in both the National and Kanto Dex, Venusaur recently arguably is at its peak or was at its peak in Sw/Sh for the Nintebdo Switch with Gigantamax.
This video speaks the truth. I know way to many people that hop in like "oh this is easy" until they hit sourcing and their stuff isn't selling or they're losing money because the person doesn't know how to do market research/comps. Then I hear them complain like, "wow this business model sucks..." and in my head, I'm like "no, you're just bad at this and you didn't want to do the actual background work that it takes to become a real reseller."
I do it full time and it’s funny how so many messages I get from family and friends who want to do it “because it looks easy”. It’s easy now for me but that’s only because I put in crazy hours. Now I can walk into a garage/estate and quickly pick up valuable items. Mix in that and my negotiation skills. That’s why am able to make huge flips. It’s funny that people expect to just walk into the business and be on that level.
@Canelo, The Man, The Myth, TBE. I've been debating this. I have another business that I have to be here for but I probably need to take a day off now and then and get out of my area to source, even just an hour away.
That’s why I keep my eBay business to myself (£600 profit a week) plus I have a full time job since eBay takes me 1 hour a day. Whoever I tell people about eBay they either think il tell them my main selling item or they think il spoon feed so they don’t have to put in any work lol
I get asked every week, is it easy? I always say no. As for NOT telling people, I don’t recommend it because I have a least 10 people who GIVE me free items to list and they want nothing in return. Just cleaning out their closets.
I have been reselling for years and this is what feeds my family and myself its easy but you just have to be on top of your game and treat it like a real business real job and focus on changes in pricing and listing and sourcing is a everyday thing to be honest its always on my mind to make more money then I did the week before and making connections with different people all the time you cant be lazy stuff must be listed and you always have to have sourcing on the mind all the time every store i go into thrift store walmarts targets whatever im always on the hunt just yesterday 74 listings in 1 day already had 39 sales from just those listings I balance this reselling and my life and its been amazing steadily stacking my cheese 🧀 and still able to come and go and have a normal life vacations relaxation and what not its all about being focused and having discipline
not true lol. I have $20 tins from 2 years ago that i stocked up on from target, they sell for $69 each now on ebay....Vintage is good, but if you know your stuff, modern pokemon is big money too
I DO I make my living selling on Internet. I sell on Amazon, ebay, mercari, etsy and I manufacture clothes and sell it on line. I think the future is manufacturing something.
The future and the past is always about manufacturing. Or you can say making stuff cheap and sell it for a higher price. If we can all own the mean of producing then it would be amazing.
Bulbasaur ...how cute!!! Love that pokemon..love the cute little stuffy. As far as 1000 a week. My goal right now is $700 a week..and i have been breaking that goal consistently....i am almost there and proud of myself
Damn bro I appreciate this video. I sell gun safes plus work a 9/5 job and I started my eBay not that long ago and everything you said was something that I was trying to figure out. And it's so true meeting other people with a bigger platform in there business is the only way. I've met several good company owners that have provided different items for wholesale prices that I was wondering on how to boost sales but I see it all different now
It’s Bulbasaur Pokémon. I'm following you for one month now, I watch the videos while I work on my ebay store. Very positive your approach to work with others and share tips and ideas. Nice way to share life and living and be a team with your spouse.
I’ve been selling full time on eBay for over 21 years I think I do very well, for instance I bought and paid off my house early in 5 years with eBay money. I sell mainly antique tools, knives, military, gun stuff etc. Is absolutely no trouble finding stuff to sell, I have problems with buying to much. I go to a couple auctions a month and two flea market’s every week and that’s enough. I only sell using auctions and start most at $9.99 Try to keep 20-30 things up at a time and do 7 day auctions
Funny. I was listing things laying around my room that I haven't used just to kind of practice listing. I've done gig economy too. Thanks so much. Subscribed and like 👍
1 You need to know what your selling 2 You need to make profit 3 You need to reinvest in your stock 4 Use other people’s knowledge to help 5 Pay the Fees 6 Make sure the buyers happy 7 Be patient 8 Use Quickbooks or an Account 9 Work hard 10 Be grateful BONUS Be creative
