I noticed that the first time I watched this channel. If you resell on ebay you can't really sell only what you're passionate about. You have to sell what will give you the best profit plain and simple.
Just wanted to say thanks for the valuable content you’ve been putting out over the years. As someone who got into reselling on eBay as a side hustle within the last year or two, I found myself landing on your videos quite a bit over that time when I would search for help with shipping or had other questions dealing with a selling in Canada on eBay. I eventually ended up as a subscriber and have always enjoyed the content you put out and it’s helped me on many occasions. I know it must have been a hard decision for you after all the time and effort you’ve invested in your business, but you have an awesome attitude and business sense so I’m sure you’re going to kill it with whatever you jump into next. Will definitely keep watching the channel as I liked the ideas you had for future content on here. Good luck moving forward and thanks again for all of the help you have provided to many of us over the years.
Something to consider - going back to where it seemed like you started initially. Your journey to making a million dollars. Cheers to you common lad, and God bless you.
Doing business in Toronto Canada is tough. The overhead and expenses are brutal. Shipping is more costly in Canada, taxes are compounded multiple times on every step of a transaction, storage space is ridiculous, even fuel costs and traffic just driving to a neighbouring city to source goods is more costly in time and money. The fact you built anything from the ground up here is amazing and you clearly know wtf you are doing. Congrats.
Best of luck moving forward my friend! I have to reveal my selfish hope: I'd love to see you stay on RU-vid. Over the years you've really gotten so great behind the camera and I think you can do very well cashing in on those skills.
The vast majority of resellers I see quit almost always sell video games, trading cards or clothes - all of which have massive competition, whoever you source those from already know to pick the good stuff first or sell it too high to leave the reseller with any profit, are saturated markets & are scammer magnet categories that attract p.i.t.a. customers, with heavy return rates. If you want to stick it out, you need to branch into other categories. Put in the work...note what items of all kinds are small & easy to ship but have decent profit. Useful things that retail high but can be found at yard sales or thrifts. Designer household items, decor, silverware, cookware & high quality knives. It's out there..instead of adhering to some complicated plan, get in the headspace of it being an urban treasure hunt. Treasure is just out there to be found & every time you learn about a bolo you add more to the treasure map. Use your map to get to those X spots & start digging!!
Your tips of saving money on shipping and Canadian perspective of reselling has been extremely valuable to me starting my own online business. You have been so generous with sharing your knowledge with us. I wish you all the best in all your future endeavours. :)
I wanted to buy a pair of old binoculars from ebay I was taken back on the prices mostly on the shipping fees, they are higher than the item it's insane also I am getting lots of really shitty items in my search results, it's like my search filter doesn't even work or does the opposite, seriously crappy and sketchy website it has become :(
Love your content! I appreciate your help with me and my store which I’ve scaled and doubled over the past year. You’re a smart business man and you’ll crush whatever you choose to do next
IDK man: $36,897.59 25.5% Up vs. prior time period for this quarter. That's over $10K p/m with 3.5K listings. Seems you want $346 for a common fidget spinner.
@@cj2k867nah. Canadian gov screwed eBay by adding taxes to everything and now nobody buys shit from Canada. Plus our shipping costs are like we live on an off grid desert island.
That's true they charge more than you and they work with some buyers look like they work together on California and they do it trick I sell three hard drive and that person say one is bad jest to get the discount They supposed to return to me but never get it and they close the case on his favor and I tell them I never get it. I don't know what it they deliver, but don't matter they charge me back and they want to charge me for return shipping what the hell I gotta dispute this with my bank I'm not gonna pay don't sell on eBay plus don't sell anything to California because people who work together they do mafia think and they control the computing there, so check it out
I just watched your video, one year after... Just a question, why did you want to scale as much as possible? Isn't it enough to have a one man business with 200k, 20% would be 40k for living. Infinite growth is not possible and every level brings new problems, with two persons you have to double and when you double you maybe need a third person who helps you with shipping, listing, sourcing,... And you with thre persons you need to even grow further... So, why not stop at 200k?
Hey, this is unrelated to the video... but I hope you see this!!!! I was watching your tips video on how you ship things for as cheap as possible... and a question came to mind for me. You said in the video to buy packaging in bulk from Costco, or China, etc. Do you never use the free products that UPS offers? I ordered a bunch of free labels from UPS, and I am now looking into getting their express envelopes and their boxes from there too. They are also for free and can be ordered by the case and shipped to your home! Just curious if you use that option at all? If not, how come? Thank you so much! I just subscribed. 💗
Not sure you added printer, printer ink, other supplies, payment for shipping plus fee's for shipping from ebay. How could you even send out 100 items in one day? That would be nearly impossible.
20% net? ~$15 ASP? No wonder you quit ebay. I switched to majority media: books, DVDs, VHS, cassettes, etc a few years back. Average COG is .50. Average media sale is $39. All other sales are $48. Biggest mistake resellers make is spending the exact amount of time to pick, picture, post, put-up, ship a $10 item as they would a $50 or a $100 item. Do the same worth for higher priced items. Have more higher priced items.
Easier said than done, reselling now is so saturated that it’s hard to find those items. Only reason why I’m able to still make a living is because I’m buying from sources that aren’t open to the public.
@@Westcoast10As long as I net ~$10K(total payouts) a month during the summer I am fine. Aside of media, almost all other items are First Class size, or if bigger, they have to sell for $100+ And I dont waste my time with clothing or footwear - that's for the bottomfeeders.
Hey man im a brand new seller on ebay and really would like to know how you calculate for shipping costs. If your doing a big bundle how do u estimate the shipping costs between the box/ectect before you post it. And if im trying to lettermail 1 individual game I have no option for lettermail shipping on ebay calculated, id have to just guess... any help on how u estimate/calculate shipping would be much appreciated
A) bump the price up and do free shipping. B) games cant be sent letter mail. They are a First Class (GA) parcel. All you shipping supplies, costs, etc, etc, etc are a tax write-off IF you are registered as a business.
