I dedicate Monday-Tuesday to listing from 8 am - Noon I bank all these listings, Wednesday - Saturday I try to source the early part of the day. Organized & Sku my inventory & I pull sales daily @ 3 pm & ship it's all about a routine & organized that makes it much easier. I try to bank 200 items in case I need a day off. When I don't source I pull from my dead pile I keep a tote of items on hand at all times.
To be honest more UA-camrs have ruined the opportunities for “founding resellers”. Created more amateur and in and out resellers. And created more awareness to IRS, post office, and also to the goodwill and sources. Making this an even tougher field than it used to be. The UA-cam resellers are now depending more on the channels, speaking events, and also their own merchandise sales. I really don’t believe there is anything wrong with what the UA-cam resellers are doing, they found a niche to make a career and i still say go for it. However there are reactions to every action.
I totally disagree. In my case, the UA-camrs have made me a much better reseller. I am able to find more quality items and be a better reseller altogether. There will be people all the time who dip their toes in and out of reselling. The key is will those amateurs take the knowledge and make themselves better for it. You have to have the drive to keep going. No youtuber is going to give you that. But having knowledge makes everyone better. I am thankful for the youtubers!
@@jdad3032 I am not missing the point. Yes, they have made me better. I don't care what everybody is saying. I care what my experience has been. Stop worrying about everyone else! And stop blaming everyone else! That's the problem.
@@CM0211 well if something isn't impacting you then it certainly doesn't exist right? the perfect mindset. only you the individual matter. and when you shut your eyes at night the world around you goes away. thankfully when you open your eyes back up in the morning everything comes back!
Resellers ruined it for themselves at goodwill. I work there. When we priced really cheap we had resellers running down people putting new product out and arguing. Regular people didn’t get anything good. Now we do about a third of eBay. The scummy resellers stopped coming. The knowledgeable ones still make money. Normal people get stuff. I resell sometimes but I personally am glad the prices went up. People got too entitled thinking they were owed a 10x on their money. If you can’t make a living doubling and tripling your money. You’re not doing it right
Adapt and overcome. It's a necessity in almost every facet of life. The key statement you said in the beginning Kevin is you love what you do, you love garage sale picking and your willing to do what it takes to protect what you love to do. You can't have unrealistic expectations and be unwilling to learn and grow, if nothing changes then nothing changes. We all get into a funk from time to time. I have to remind myself constantly that I may have the lenses in my glasses backwards, perhaps I'm magnifying the problem and focusing less inwards for the solution. eBay will always be eBay, Goodwill will always be goodwill, there will always be obstacles prior to progress, but if it means enough to you and your willing to adapt and overcome there will always inevitably be progress.. Ehhh but what do I know I'm just an old man. lolll
100% and if ebay and amazon and usps is doing it wrong THEY will eventually figure that out (we would hope sooner then later) but eventually it will happen for now we need to do what our business expect us to do and that is keep on keeping on no matter how down it gets because we know there will be ups as well reselling is and has always been for 25 years i have been doing it full time a ROLLERCOASTER there is never a dull moment its never the same from one day to the next which is 2 of the things i love about reselling and being a true everything seller you never know what your going to sell each day which at least keeps me motivated to keep on going
The “your on UA-cam” others use drives me crazy! Rather than be envious of others…I like to see what is making someone successful and see if I can try that out and see if it works for me….ugh people…thanks for the videos!
I have to say, even though I’m younger than you I feel like the info you give on these videos are usually in the category of “wise beyond your years” - I myself appreciate you going in depth with your knowledge on these topics. Much appreciated!
If been reselling since the beginning of eBay in the mid 90s. There have been countless changes and I’ve learned to pivot and roll with the punches. I’m the master of my own success and that requires me to be creative in my response to the changes and price issues.
I find it's beneficial to check back in at the Goodwill. While overall their prices have gone up, I do find enough things that have been priced by someone who didn't see the value in an item.
I haven't had a huge dip in sales, but I am re-evaluating my store. I find myself starting to niche down in certain areas. I am starting to bundle more and more. I enjoy that aspect of selling. I think this is all part of growing as a person and a business, seeing what works and what doesn't and making changes to continue in a positive manner. As far as the post office, they face the same challenges as most households - how to balance inflation, pensions, labor costs, fuel prices, maintenance on vehicles and buildings, etc. I think they made a huge positive step with adding Ground Advantage. This has saved me a bunch in shipping costs and definitely took many of my sales away from UPS. People will always find something to complain about. My dad used to tell me the story of my grandfather. He came through Ellis Island as a young boy, the ship's manifest read 'peasant' - well, he almost died from sickness as a young boy, but grew up to own a grocery market and gas station and survive through the rationing during WW2, become the town's bank president, and serve on the zoning board. I was taught to persevere and plow through and stop blaming others for my failures. I am in charge of my own destiny.
I think your idea of having a marketplace for us resellers is a great idea! I always have a hard time finding good inventory in the fall and winter because of the lack of yard sales. So I would love to buy a big box of jeans for example.
Thanks for this video. I’m not a UA-camr or a social media person. I’ve been reselling for 3 years full time now. My young adult son works with me. We have scaled very nicely. When things go wrong we look at our processes and improve weekly if not daily. Can’t stay arrogant that we know everything and can’t just keep doing the same thing when everything changes constantly.
Reselling full time is not feasible anymore All modes of gettung inventories have become expensive, fees have increased and shipping is so high Buyers have decreased
Same arguments can be applied on UA-cam. Unfortunately from my long experience on UA-cam there is no mindset to success. Thats because the site is controlled by bots and algorithms that are always morphing who's popular and who's sunk. Interesting to see the Oz number plates there. The plates that get stolen here all the time are the 1988 issued plates
I believe your title is so right! Post office sucks with what they have done! Shipping an item that weighs only 3 LBS and 42 inches high should not cost over 50 dollars to ship! The item is only 40 dollars and shipping over 50 no one will buy that!
I can relate to the frustration with USPS. I have had to replace 5 orders in the last 2 weeks go missing or got damaged. One package had tire marks on it. In the past, I might have a dozen for the whole year.
I have suggested other non-Goodwill stores or swap meets, but people cannot be bothered to go to because it's 10-15 minutes farther away. It's not my fault I can get 50c clothes, 25c CDs, $1 DVDs, dollar furniture and they "can't". In fact I told them to source on EBAY and they thought I was crazy.
100% Not just EBAY but EVERY platform has sourcing opportunities i have been sourcing ONLINE platforms since 98' its NOT crazy the people that think its crazy are the crazy ones! (they have been living under a rock for 30 years) there are many YTers that refuse to go to the bins (they claim its to dirty) or do Facebook Market place or craigslist to make deals well then they should not be complaining about Prices of items because there not wiling to do what it takes to get the deals and just make ridiculous excuses why they cant do this or that its all BS
@@2themaster also look for misspellings have found MANY items for reselling and my own personal collections on other peoples mistakes over 25 years doing reselling full time
@@henrys3629 if you want to go.to.resell business, go full with all your heart, treat is as a livelihood, some wont touch dusty items dirty clothes, the dirtier the cheaper, learn to wash clothers, clean items to maximize profits, if it doesnt sell now doesnt mean it doesnt sell tomorrow
I think a place like that would be a giant winner. That is something that would be great for all of us. Great video and all the best to you and the family
I 100% accept that my Ebay store is slow due to my own choices/efforts and life's unexpected circumstances. Same with WhatNot, currently have 2000 followers but haven't had my 1st show yet 😢. My husband had a surprise liver transplant in March and I have been slacking in reference to my reselling business ever since. The good news is he is still alive and doing great! That is the light through all of the darkness! Love you guys and your grind, nothing but respect from me!! P.S. I love the idea of bulk buys from you all!!!! Yes please!!! Keep up the good work and God bless you and your family, pets and crew! ❤
The problem I see with buying another sellers bulk lots is they will, more times than not, already have been looked through and cherry picked to the point where the buyer receives a bulk lot of unsellable junk. In a perfect world your idea would work especially if the seller has to video the lot before selling but that doesn't take into consideration the items condition (I guess it all comes down to if the sellers providing these bulk lots are honest). The blowback will eventually all go to you in the end so you need to decide if this will be worth it in the long run. Great show as always.
"receives a bulk lot of unsellable junk" Just because it was unsellable for that seller doe snot make it unsellable for ALL sellers it all comes down to how long your wiling to hold on to it till it sells I.E. How much patience do you have MOST sellers do not have ANY patience at all they need instant gratification wrong way to do Reselling as the saying goes someone's trash is another's treasure! 100% true!
What I am talking about is in fact junk, as the sellable stuff have been removed. I understand the saying one person's trash is another person's treasure; but sometimes 1 person's trash is just trash.
@@Nostalgia4sellsorry anything is sellable if you have the patience to wait for it to sell this fact i.e.. the long tail game not the quick flip game. Again what others can't sell or don't want to sell or are under the impression it's junk others have no problem selling it
Its a rough time for smaller resellers for sure. I've noticed all the big youtubers seem to be doing good. Summer slowdown is a rough one this year. Hopefully Q4 will bring back the sales.
I think a helpful video might be "What are you doing when times are good?" I feel like a lot of people may be setting themselves up for hard times by making bad decisions in good times instead of planning for the latter, If you find yourself struggling every time business slows down you probably need to make some changes within your business imo. TFS Friend!
100% agreed its called putting some of that profit away in savings during the good time for the slow and down times of the year. any smart business owner would be doing this. you don't have to be a rocket scientist or genius to figure that out
This year I started my own local auction company using Hibid. I have a local auction every Saturday night. Pickup is on Monday's from 10-4. I have since ramped up my buying Home Depot and Wal-Mart returns to get more inventory. The crazy thing is I'm getting better prices at my auction than I get on eBay. I also ramped up buying stuff on eBay using auctions to turn around and sell my location auction.
I'm in a good place, don't need to unload because I've been mindful of my limited space to store it all. I don't need supplies because I use various sources locally and online. Works for me as a part -time reseller, 20 years on Ebay only. No returns, rarely promote, Everthing Seller. Stay Blessed Y'all!
I have an enormous amount of product that I will never get thru. I love the idea of joining forces to provide merchandise to others who need it providing I can make a little for myself.
I own a vintage toy store, I have not sold on EBay for years but I do stream on Facebook live and Whatnot. I definitely enjoy the live shows best. What sourcing has definitely slowed down and it's a new area for us We lived up north till recently and now live in Georgia so that could be a part of it and so many people have decided to become part-time sellers at full-time sellers definitely struggle to compete because we need to be able to make a living not just break even. Our plan is to continue making sure every one of our shows is extremely enjoyable. The name of our store is Saturday morning toys
Sounds like a great idea! I live in a very rural area that has its sourcing challenges. But, I think every area does. It would be great, especially after yard sale season, to have a place to go to source at a reasonable price that had quality merchandise. Thanks for always thinking outside the box. I love the show and look forward to every episode. It keeps me company. And it is good company.😊😊 I appreciate you and can’t wait to see you next time 😊😊
Goodwill needs to change its name. They don’t have good will anymore. They’re more like a retail store now, so a lot of their stuff that resellers would purchase and flip will now just sit on the shelf and after a while just go to the dump. At least at the lower, more reasonable prices they are making money AND getting stuff off the shelf.
We reap what we sow. Is goodwill way over priced now, yes. Are ebay fees high, also yes. Is the price for shipping high, again yes. But we get what we put in to our business. We have to look for solutions to our consumers problems, whether that's spare parts or lego manuals or vintage toys for the collectors. We have to think about what the buyer might need or want, and look for those items. In this economy everyone is looking for the most bang for their buck. P.s. I enjoy watching your videos.
Answer to question… I force myself to source once a week. Due to health issues. I find things but would feel comfortable if I had a little surplus because I do the Dave thing. On good days… I draft as many items I can and I make 10 listings go live a day. That’s been super helpful but I never have enough inventory to cover more than 3 days. It gets hard. Right now I have 2 days of drafts left and will only be able to source tomorrow. But I am cheap. I buy super low….. idk. It depends on how you do it.
if you can source the bulk inventory and then bulk flip for a quick 25-50% and still leave money for the next person - that could be huge business - with little to no risk I would totally do that even if you only pick out 10-20% for dibdit, whatnot or ebay that are in YOUR niche - this would make a lot of sense. As long as you can reliably find this inventory - other people will start to rely on you when you make these deals and you would have to be clear that each lot may be the last. you could do quick sorts into lots and totally auction off - you also get your money off the table quickly and you keep the stuff you like.
Bought your Barbie clothing lot on Dibdit this morning. I'm getting my step daughter into reselling and I thought this would be a great way for her to start, learn about a category , do the research and make some money. Thanks for offering reseller lots. I think it's an amazing idea. There are 9 Goodwills within a 5 mile radius of our house and none price items in the same way. Each store has a different personality based on the people in charge. We have additional thrift stores in our area and tons of garage sales, so there are a lot of options, but buying bulk is always great, especially during the summer when it's 118 degrees and we don't want to go outside :)
Love this idea of bulk item selling marketplace My area has a ton of thrift stores and garage sales but all of them including garage sales the prices are ebay prices. It takes extra long to find treasures along with several resellers in my area
That is my biggest problem. Either there is mostly clothes or items are priced to high for me to make a profit on. At most of the rummage sales I find.
One of the mantras I made my kids repeat over and over is “no one owes me anything”. The point was to instill in them the idea of taking ownership for their lives and not get bogged down in blame shifting responsibility to something or someone else. Choosing to not be a victim works in reselling, too.
I recently sold my house. Day of closing the buyers bank asked for a new roof inspection. This throws us back to another week or more. Had to cancel everything I had scheduled for the move. It’s called pivoting. Have had to do with eBay as well. When sourcing got expensive at goodwill I searched on Facebook and google for small town thrift stores. Found several church or senior center thrift stores within a 100 miles where I can pick up Levi’s 501’s for $2. Shirts for $1. Many many other bargains. Also do garage sales but our season is very short in Wyoming due to winter and cold weather coming in October and lasting till May. Where there’s a will there is a way My faith has always give. Me peace when stuff like this happens. For 20 years I followed my husband around in the Navy. He retired and divorced me. Pivot. Life happens and boning other people doesn’t give a solution. It ain’t easy. That’s all there is to it. I’m 65 and starting an entirely new life style. Sometimes change is good. eBay has helped make this possible.
@@mrwhite2039 brother this America. Nobody owes you a G. D. Thing! If you don’t like it there’s a communist dictatorship up north with open borders that will gladly take you in.
Yes beneficial for me to unload 2 27” U-Haul trucks with a lot of BNIB, you know when you move and it’s in a box and it’s just easier to go buy another that’s mt. I have over $30,000 scrapbook equipment etc you name it it have from 6 different machines and 100’s of dies by Sizzlits or Cuttlebugs. Stickers button like I said you name it I have it I can’t do it anymore cuz of my injuries all BNNU. Tons of it. Then my mom had old phones going back to 1940 on up some really wicked looking phones from back in the day and just tons of stuff that was my grandmas. Huge box of BN panty hoses with designs on them, postcards, I have over 1500 record albums. Etc…. Plush clothes etc…. I’m just looking to make a lil profit and get it out and then I have a 10x20 storage unit with nothing but eBay stuff very little personal stuff. Over 260-275 Barbie dolls 2 motor homes and accessories clothes etc….. old and a lot fro the late 80’s early 90’s when they were made better. Hooked on phonics
Kevin, I really think you're on to something here. A location, a meeting place for those who are looking for good bulk inventory, albeit in one category, and those who are trying to offload their excess inventory where they're overstocked and have too much. Seems like a natural fit. If you could come up with something like that, it would fill a need that's not being filled right now. In the reselling community. If that's the direction you're going in. I think it would be hugely popular for both those needing to offload a couple of bins of overstock and those looking for those same couple of bins to fill their void for sourcing (which is not very easy anymore).
I love the idea of having a community to basically wholesale to each other. I've thought of this before myself. In the summers I seem to have more than enough places to get things and occasionally come upon great sales dirt cheap and have, in the past, purchased clothes. I HATE to sell clothes, it's just not my lane. I then wish I had someone locally I knew that would want to swap items or purchase them for a little above what I did. I could ship those too but obviously shipping does eat into profits more. If I didn't have a full time job as well I would have sought this out further but I'd love to join a community where we can all help each other like suggested.
30:40 minutes in: 1.) we are finding (while sourcing) exactly what we EXPECT. Not at every sale of course - but, after a day of sourcing we find the profit. 2.) we have expanded our range (as we have grown and learned on smaller investments) to include items that are higher priced IF THE RETURN potential is there - we typically like an 8x return but with higher priced items we are looking for a quicker sell through rate along with a 5x PLUS return. Example: a recent purchase of $8 (an increase in our initial investment!) item sold in under 3 weeks for $165. 3.) We have inventory from our earlier "learning" phase not yet listed, and in the winter we go through it and either list or donate - I have 4 bins left of this - we list as soon as possible after our purchases on current finds. 4.) if we find ourselves without inventory to list during the winter in Northern Michigan, then there are online auction opportunities. A couple of small thrift stores. We are NOT worried - we have an abundance mentality not a scarcity mentality. Our blessing cup overflows.
Where does your uncle Steve live I have 3 bags full of clubs in callaway bags and then 2 other sets-1 is a Wilson and then one is a black bag I just noticed. When I was in CCU last year my mom went thru my storage unit and my other stuff and I told her that I had the culprit on camera and they have 1 week to return or her friend will be arrested. It was there before the 1 week came, and now I’m finding stuff laying around here that was and is supposed to Be in storage. Just an FYI Kevin cuz you and your family ROCK! Just to get rid of it to someone who’s honest hard working and would appreciate it. It’s yours
I watched this video thinking it would apply to my business. But I had no idea how much it would confirm some things I've recently decided in the care concerns of a family member in her elderly years and likely the beginning of some dementia. God confirms things in mysterious ways. Your words were very timely. Thank you Kevin!
Kevin, not an answer to your questions but there is a Black license plate in the upper corner of you shop that I can only see 33 and I was wondering, is that a Delaware plate and if so what is the full number? Love all of your video's, thanks for sharing.
Just finished watching the video. Like the idea of you becoming a source. I met someone who is actually sourcing for me at places and it helps. He makes money then I make money. Win win. I also noticed you mentioned having about 2,000 items. We currently have 2,700 in our store and another 1,000 to list. Starting to get to be a lot but hard to pass up on hitting garage sales and the deals there. We are saving stuff to list over fall/winter. Curious on your thoughts on that. You’ve provided a lot of insight in your videos. Thrifty OC
On the new Dibdit marketplace wholesale idea, I would definitely be interested in participating on the seller side. I am a retired estate liquidator and have calls all week, every week from folks who have collections, homes to clean out etc. I live just outside Memphis and have access to all kinds of great picks in this area and on up into Tennessee containing vintage, collectibles, etc. I retired from hosting sales, but the networking is still in place for me to purchase small lots for myself to list on Ebay, but could be broadened out again to buy out storage lockers and estates (as I did personally for years here). My grown daughter and son in law, and my three teen grandchildren are all working together on a small scale but this could be ramped up for us again. We'd love that as a family. Yeah, count me in! I would imagine you'd also get folks who used to sell through haulsale before it closed.
I am getting out of reselling. I am down to about 158 listings and just trying to get rid of inventory. I stopped because it is just too hard to find enough good stuff to make a profit. Yard sales aren't even good for me anymore.
Bulk buys and bulk sales could be helpful. I see bulk buys in my niche happening in some parts of the country, but this area is deader than dead. Dust Bowl dead. Others are probably in the same boat. Sky high prices and/or nothing to buy.
Love today's topic! I am currently a seller on dibdit and others as well as UA-cam. I love the live sales and will participate more on Dibdit once the Android app is launched. It's currently very cumbersome for me to maneuver at the moment. I am interested in the bulk sales strategy and I will be looking for updates. Thanks for all your help! Ps love the Trash to Cash podcast when they let you speak! 😅🤣
I just got the same Howdy Doody last weekend...and he's missing a hand too! (But he does have clothes, lol) Please let us know when the Android app is available.
I’m in the category of having so much in my piles of sourcing clothes, shoes, and hard goods that I can’t get it all listed. I’m thinking about selling lots as well.
I wouldn't mind the contact info for the guy from NY who wants shoes...I have so many shoes...I could send him a ton of great shoes on the cheap...I am selling my house...I need to move my inventory fairly quickly
I was on vacation last week in VA and made a killing at goodwill they were having a sale of 50% off and 70% off if you were a member on everything in the stores but that is a rare find good luck out there
I like your idea. I’m disabled and it’s hard for me to source but I’m managing for my small reselling. I get out on good days to a thrift store that I typically have good luck at. No longer even stop in Goodwill. I’ve never been to their bin location I have my doubts it because good source for me but I should check it out. I also buy lots off of eBay and Mercari but it’s rare I find a good lot for me.
I haven't heard any reason to unsub,these things affect us all in one way or another,i enjoy your channel and love your set up and how organized it is.I've only unsubbed from one reseller for buying a dog from a backyard breeder at a yard sale.
I have had to push myself to learn about things outside my niche. It’s helped a lot as my sales are triple the same period last year. They could be much better if I could find higher dollar items but I take what I can get.
With the holiday last week I really dropped the ball when it came to listing and boy, oh, boy am I paying the price this week! Finally today, I'm seeing a nice increase in sales but also experiencing so very low offers which is frustrating. I've decided the next offer, I will accept and see if that will help. It's a growing experience every day but so happy I can do it!
I think that is a great idea to have a bulk deal district site. I can get a lot of hats and toys from the bins and make some bundles for live sellers. You should call it bulk tiquities...
I love the sourcing idea...I have only once purchased a random box from a UA-camr, never thread up or similar as I just don't trust it...the box I received was actually decent, but I am skeptical and think maybe the first box was great if I order again maybe not...anyway the video idea of contents of the box is excellent...I am mostly a clothing reseller and note that clothing boxes tend to be XS size clothing ... keep us posted.
I love reselling to thrifting, estate sales, garage sales I get a rush finding good deals and it feels fulfilling when I ship the two platform, I go through Ebay and amazon I been seeing sellers going to Lowes to and list on amazon that said I am a newbie and only do this as a side hustle, but it is very fun
I did casual reselling for years. It paid for Christmases, birthdays, and unplanned expenses for my family for the better part of a decade. I live just outside of Richmond, VA. I sourced most of my stuff at local thrift stores. The pandemic really impacted our local thrift scene (three of my best-sourcing stores closed), and the inflation at Goodwill (plus the fact that they were aggressively culling the "good stuff") made me decide to hang it up. But I agree, if I really wanted to continue doing it, I would have adjusted my sourcing strategy and continued. It's great to see that someone is still doing well with it in my home state.
I like the idea of community sourcing opportunities, although I’m in AZ, just a tad too far away. Great idea though, even if it just helps people purge a death pile to niche out, or refresh. Inspiration
Hey...as a seller, I would love to do the bulk selling thing...I have sort of been tryin it on my own...but people still want to pick thru instead of taking the whole lot...I would most definitely sign on as a seller of bulk like items...can't wait
I have noticed that the people doing the reselling for a living have changed so much, getting into other platforms and getting away from eBay. Sales have been down a little but I still sell everyday and I only do eBay. As far as sourcing, I do Yard Sales, Auctions, and still Goodwill and other Thrift Stores. We have several Amish & Mennonite thrift stores who still price things with room left. I'm not a full timer and glad I'm not with the economy like it is. Without the You Tube income it would be a struggle for some. I'm still having fun in the thrill of the hunt. There is no problem finding inventory around here. I have too many clothes and shoes. Hopefully the coats that I have will sell this winter.
It sounds like a good concept….im a local reseller and have TONS of inventory. I’m always looking to unload things AND buy things at a whole sale level. I’m very particular in what I buy lately. Problem is as resellers we KNOW the value and know what we can make. I’d be interested in this idea.
Met you last year at Flip Con and enjoy your channel. I agree with you there has to be a way to lot up stuff for resellers. I have access to PLENTY of stuff from a local Thrift Store that is overwhelmend with inventory. I'm wanting to start a charity raising money for dementia patients who can't afford in home care. I believe I can use the funds from "reselling" lots to help others. This is a passion for me as I have experience in this area. I'm thinking of using Facebook Marketplace to start selling lots like this. I like your ideas also. If you had a marketplace for lots I would love to partner with you and sell on your platform.
This time of year, sourcing is much better. Last year when I reopened my store, I was glad I was selling things I already had because there were few sales of any sort to take advantage of. Now I look at multiple sources and have a nice Stash to work thru this winter. PS, I do well on shoes, but am picky on condition and style. Vintage shoes in great condition or hard to find sizes 👍
I like your idea of a small user group having one another as possible sources. I would wonder how to control that so potential sellers are not just using it as a dumping ground for the item they cannot sell. Bye the way, nice job of producing videos that are both informative and entertaining!
Casey the Rockstar Flipper did this during the pandemic. He closed his buy, sell, trade group a while ago. He may be a good person to ask about this type of service business.
The individual can be great and all for sure but true power and change comes from many great individuals realizing their cooperation is the difference maker.
Sourcing is sufficient in Central Florida. Not finding cartfuls at the Goodwill like the old days. My unsold items are solely my fault. Buying cutesy things not things with good sell through rates. I donate back some items but plan to sell at the local flea market or at garage sales in the cooler weather. My current plan is more cross posting, reducing prices, buying fewer items and combining complimenting items into lots. Kevin I watch your videos all the time. I admire your work ethics and devotion to your family. Lynn K.
This is the slowest time of the year. The late q3 early q4 bounce back may not be as strong as year past. Prepare for it. I would expect 15-20% decrease in revenue from last years Q3 and Q4. Inflation and Recession is getting less sustainable everyday. Each day were all being sipphoned and able to put away less of our paychecks.
I believe it is best to look at in analytically, not from a point of blame. UA-cam resellers have almost entirely shaped and shifted reselling. They have done most of the marketing for sellers and a strong amount for buyers. USPS is a poorly managed, federally backed business with almost no accountability. Goodwill is Goodwill. All have made it more complicated and less lucrative to sell than it was almost 19 years ago when I started. But it is not about blame, it is business and it will only get more competitive and less profitable overall, as will “influencing”. UA-cam will dive soon. It’s just business. But not studying how things have affected it all, both negatively and positively, is poor business.
I have a difficult time finding inventory. Would love a reliable, trustworthy on line source that may result in smaller margins than things found in the “wild” but results in steady products to list.
When we were on fb we had a group for resellers selling to other resellers and for others that didn't sell. Our group also had opportunities to buy over stock items or collections, and single items. This was for all USA. Although it went so so, 95% of the time, there wasn't enough meat on the bone on items offered when you consider postage, buying price etc. Sellers know what items are worth and in most cases they are dumping items not worth their time. Trading inventory did well. with our Local groups for this idea it does a lot better. if someone passed away and relatives wanted items gone, in cases like this they would not take the time to pack and ship those items, they rather have others buy or take it all. I hope you do well if you give it a try. have you thought about doing local clean outs or bid with various banks to do their cleanouts? Just a suggestion :) :Lot of profit in that, the above is just our experience
Personally I would love this type of marketplace - I live in a land of 9 months of winter - I do not have enough time or money to buy the bulk of my inventory in 3 months and I'm determined to list 3-5 items a day. It has worked out so far, but I would love to buy good items in bulk when the $ is available
Manage your mindset. Control what you can control. Improvise as needed. Do your best. That's what I tell myself!
I dedicate Monday-Tuesday to listing from 8 am - Noon I bank all these listings, Wednesday - Saturday I try to source the early part of the day. Organized & Sku my inventory & I pull sales daily @ 3 pm & ship it's all about a routine & organized that makes it much easier. I try to bank 200 items in case I need a day off. When I don't source I pull from my dead pile I keep a tote of items on hand at all times.
To be honest more UA-camrs have ruined the opportunities for “founding resellers”. Created more amateur and in and out resellers. And created more awareness to IRS, post office, and also to the goodwill and sources. Making this an even tougher field than it used to be. The UA-cam resellers are now depending more on the channels, speaking events, and also their own merchandise sales. I really don’t believe there is anything wrong with what the UA-cam resellers are doing, they found a niche to make a career and i still say go for it. However there are reactions to every action.
I totally disagree. In my case, the UA-camrs have made me a much better reseller. I am able to find more quality items and be a better reseller altogether. There will be people all the time who dip their toes in and out of reselling. The key is will those amateurs take the knowledge and make themselves better for it. You have to have the drive to keep going. No youtuber is going to give you that. But having knowledge makes everyone better. I am thankful for the youtubers!
Maybe but the idea of founding resellers is a bit odd to me.
@@jdad3032 I am not missing the point. Yes, they have made me better. I don't care what everybody is saying. I care what my experience has been. Stop worrying about everyone else! And stop blaming everyone else! That's the problem.
@@CM0211 well if something isn't impacting you then it certainly doesn't exist right? the perfect mindset. only you the individual matter. and when you shut your eyes at night the world around you goes away. thankfully when you open your eyes back up in the morning everything comes back!
@@CommonScentsAintSoCommonNow What are you talking about? Do you listen to yourself?
Kevin, we can find a WAY or we find an excuse! When we change our mindset, we change our life.
Resellers ruined it for themselves at goodwill. I work there. When we priced really cheap we had resellers running down people putting new product out and arguing. Regular people didn’t get anything good. Now we do about a third of eBay. The scummy resellers stopped coming. The knowledgeable ones still make money. Normal people get stuff. I resell sometimes but I personally am glad the prices went up. People got too entitled thinking they were owed a 10x on their money. If you can’t make a living doubling and tripling your money. You’re not doing it right
@@richardmccallum2735 fair point
Adapt and overcome. It's a necessity in almost every facet of life. The key statement you said in the beginning Kevin is you love what you do, you love garage sale picking and your willing to do what it takes to protect what you love to do. You can't have unrealistic expectations and be unwilling to learn and grow, if nothing changes then nothing changes. We all get into a funk from time to time. I have to remind myself constantly that I may have the lenses in my glasses backwards, perhaps I'm magnifying the problem and focusing less inwards for the solution. eBay will always be eBay, Goodwill will always be goodwill, there will always be obstacles prior to progress, but if it means enough to you and your willing to adapt and overcome there will always inevitably be progress.. Ehhh but what do I know I'm just an old man. lolll
100% and if ebay and amazon and usps is doing it wrong THEY will eventually figure that out (we would hope sooner then later) but eventually it will happen for now we need to do what our business expect us to do and that is keep on keeping on no matter how down it gets because we know there will be ups as well reselling is and has always been for 25 years i have been doing it full time a ROLLERCOASTER there is never a dull moment its never the same from one day to the next which is 2 of the things i love about reselling and being a true everything seller you never know what your going to sell each day which at least keeps me motivated to keep on going
The “your on UA-cam” others use drives me crazy! Rather than be envious of others…I like to see what is making someone successful and see if I can try that out and see if it works for me….ugh people…thanks for the videos!
I have to say, even though I’m younger than you I feel like the info you give on these videos are usually in the category of “wise beyond your years” - I myself appreciate you going in depth with your knowledge on these topics.
Much appreciated!
If been reselling since the beginning of eBay in the mid 90s. There have been countless changes and I’ve learned to pivot and roll with the punches. I’m the master of my own success and that requires me to be creative in my response to the changes and price issues.
Interesting that the resellers that have large youtube followers are turning to selling in wholesale bulk.
@@TJ-yv3kp or courses.
@@lesliecpf yeah innit?
I find it's beneficial to check back in at the Goodwill. While overall their prices have gone up, I do find enough things that have been priced by someone who didn't see the value in an item.
I haven't had a huge dip in sales, but I am re-evaluating my store. I find myself starting to niche down in certain areas. I am starting to bundle more and more. I enjoy that aspect of selling. I think this is all part of growing as a person and a business, seeing what works and what doesn't and making changes to continue in a positive manner. As far as the post office, they face the same challenges as most households - how to balance inflation, pensions, labor costs, fuel prices, maintenance on vehicles and buildings, etc. I think they made a huge positive step with adding Ground Advantage. This has saved me a bunch in shipping costs and definitely took many of my sales away from UPS. People will always find something to complain about. My dad used to tell me the story of my grandfather. He came through Ellis Island as a young boy, the ship's manifest read 'peasant' - well, he almost died from sickness as a young boy, but grew up to own a grocery market and gas station and survive through the rationing during WW2, become the town's bank president, and serve on the zoning board. I was taught to persevere and plow through and stop blaming others for my failures. I am in charge of my own destiny.
I think your idea of having a marketplace for us resellers is a great idea! I always have a hard time finding good inventory in the fall and winter because of the lack of yard sales. So I would love to buy a big box of jeans for example.
Thanks for this video. I’m not a UA-camr or a social media person. I’ve been reselling for 3 years full time now. My young adult son works with me. We have scaled very nicely. When things go wrong we look at our processes and improve weekly if not daily. Can’t stay arrogant that we know everything and can’t just keep doing the same thing when everything changes constantly.
Reselling full time is not feasible anymore
All modes of gettung inventories have become expensive, fees have increased and shipping is so high
Buyers have decreased
Same arguments can be applied on UA-cam. Unfortunately from my long experience on UA-cam there is no mindset to success. Thats because the site is controlled by bots and algorithms that are always morphing who's popular and who's sunk. Interesting to see the Oz number plates there. The plates that get stolen here all the time are the 1988 issued plates
I believe your title is so right! Post office sucks with what they have done! Shipping an item that weighs only 3 LBS and 42 inches high should not cost over 50 dollars to ship! The item is only 40 dollars and shipping over 50 no one will buy that!
To succeed, I believe you need a strong belief in yourself :) The ability to think outside the box. Also the ability to change directions if needed 😀
I can relate to the frustration with USPS. I have had to replace 5 orders in the last 2 weeks go missing or got damaged. One package had tire marks on it. In the past, I might have a dozen for the whole year.
Yeah post office is getting bad.
I have suggested other non-Goodwill stores or swap meets, but people cannot be bothered to go to because it's 10-15 minutes farther away. It's not my fault I can get 50c clothes, 25c CDs, $1 DVDs, dollar furniture and they "can't". In fact I told them to source on EBAY and they thought I was crazy.
Yep, every night, I look at eBay auctions and see if anything is underpriced and listed in an auction setting.
100% Not just EBAY but EVERY platform has sourcing opportunities i have been sourcing ONLINE platforms since 98' its NOT crazy the people that think its crazy are the crazy ones! (they have been living under a rock for 30 years) there are many YTers that refuse to go to the bins (they claim its to dirty) or do Facebook Market place or craigslist to make deals well then they should not be complaining about Prices of items because there not wiling to do what it takes to get the deals and just make ridiculous excuses why they cant do this or that its all BS
@@2themaster also look for misspellings have found MANY items for reselling and my own personal collections on other peoples mistakes over 25 years doing reselling full time
@@henrys3629 if you want to go.to.resell business, go full with all your heart, treat is as a livelihood, some wont touch dusty items dirty clothes, the dirtier the cheaper, learn to wash clothers, clean items to maximize profits, if it doesnt sell now doesnt mean it doesnt sell tomorrow
I think a place like that would be a giant winner. That is something that would be great for all of us. Great video and all the best to you and the family
I 100% accept that my Ebay store is slow due to my own choices/efforts and life's unexpected circumstances. Same with WhatNot, currently have 2000 followers but haven't had my 1st show yet 😢. My husband had a surprise liver transplant in March and I have been slacking in reference to my reselling business ever since. The good news is he is still alive and doing great! That is the light through all of the darkness! Love you guys and your grind, nothing but respect from me!! P.S. I love the idea of bulk buys from you all!!!! Yes please!!! Keep up the good work and God bless you and your family, pets and crew! ❤
The problem I see with buying another sellers bulk lots is they will, more times than not, already have been looked through and cherry picked to the point where the buyer receives a bulk lot of unsellable junk. In a perfect world your idea would work especially if the seller has to video the lot before selling but that doesn't take into consideration the items condition (I guess it all comes down to if the sellers providing these bulk lots are honest). The blowback will eventually all go to you in the end so you need to decide if this will be worth it in the long run. Great show as always.
"receives a bulk lot of unsellable junk" Just because it was unsellable for that seller doe snot make it unsellable for ALL sellers it all comes down to how long your wiling to hold on to it till it sells I.E. How much patience do you have MOST sellers do not have ANY patience at all they need instant gratification wrong way to do Reselling as the saying goes someone's trash is another's treasure! 100% true!
What I am talking about is in fact junk, as the sellable stuff have been removed. I understand the saying one person's trash is another person's treasure; but sometimes 1 person's trash is just trash.
@@Nostalgia4sellsorry anything is sellable if you have the patience to wait for it to sell this fact i.e.. the long tail game not the quick flip game. Again what others can't sell or don't want to sell or are under the impression it's junk others have no problem selling it
Its a rough time for smaller resellers for sure.
I've noticed all the big youtubers seem to be doing good.
Summer slowdown is a rough one this year.
Hopefully Q4 will bring back the sales.
I think a helpful video might be "What are you doing when times are good?" I feel like a lot of people may be setting themselves up for hard times by making bad decisions in good times instead of planning for the latter, If you find yourself struggling every time business slows down you probably need to make some changes within your business imo. TFS Friend!
100% agreed its called putting some of that profit away in savings during the good time for the slow and down times of the year. any smart business owner would be doing this. you don't have to be a rocket scientist or genius to figure that out
This year I started my own local auction company using Hibid. I have a local auction every Saturday night. Pickup is on Monday's from 10-4. I have since ramped up my buying Home Depot and Wal-Mart returns to get more inventory. The crazy thing is I'm getting better prices at my auction than I get on eBay. I also ramped up buying stuff on eBay using auctions to turn around and sell my location auction.
Very cool!
Yeah.!! Whatever works. 😊😊😊
I'm in a good place, don't need to unload because I've been mindful of my limited space to store it all. I don't need supplies because I use various sources locally and online. Works for me as a part -time reseller, 20 years on Ebay only. No returns, rarely promote, Everthing Seller. Stay Blessed Y'all!
That pup is a professional level sleeper
No doubt
I have an enormous amount of product that I will never get thru. I love the idea of joining forces to provide merchandise to others who need it providing I can make a little for myself.
I own a vintage toy store, I have not sold on EBay for years but I do stream on Facebook live and Whatnot. I definitely enjoy the live shows best. What sourcing has definitely slowed down and it's a new area for us We lived up north till recently and now live in Georgia so that could be a part of it and so many people have decided to become part-time sellers at full-time sellers definitely struggle to compete because we need to be able to make a living not just break even. Our plan is to continue making sure every one of our shows is extremely enjoyable. The name of our store is Saturday morning toys
Sounds like a great idea! I live in a very rural area that has its sourcing challenges. But, I think every area does. It would be great, especially after yard sale season, to have a place to go to source at a reasonable price that had quality merchandise. Thanks for always thinking outside the box. I love the show and look forward to every episode. It keeps me company. And it is good company.😊😊 I appreciate you and can’t wait to see you next time 😊😊
Goodwill needs to change its name. They don’t have good will anymore. They’re more like a retail store now, so a lot of their stuff that resellers would purchase and flip will now just sit on the shelf and after a while just go to the dump. At least at the lower, more reasonable prices they are making money AND getting stuff off the shelf.
As Tech says - Products change, trends change, the market changes, buyers change. Things change. You gotta seek the knowledge!
We reap what we sow. Is goodwill way over priced now, yes. Are ebay fees high, also yes. Is the price for shipping high, again yes. But we get what we put in to our business. We have to look for solutions to our consumers problems, whether that's spare parts or lego manuals or vintage toys for the collectors. We have to think about what the buyer might need or want, and look for those items. In this economy everyone is looking for the most bang for their buck. P.s. I enjoy watching your videos.
That teacher was a very wise 😊
I have way more inventory than I can sell. I would love a marketplace where I could load it up and get it moving.
I don't have a problem sourcing 😂 It would be great to be able to sell lots though.
Answer to question… I force myself to source once a week. Due to health issues. I find things but would feel comfortable if I had a little surplus because I do the Dave thing. On good days… I draft as many items I can and I make 10 listings go live a day. That’s been super helpful but I never have enough inventory to cover more than 3 days. It gets hard. Right now I have 2 days of drafts left and will only be able to source tomorrow. But I am cheap. I buy super low….. idk. It depends on how you do it.
if you can source the bulk inventory and then bulk flip for a quick 25-50% and still leave money for the next person - that could be huge business - with little to no risk
I would totally do that
even if you only pick out 10-20% for dibdit, whatnot or ebay that are in YOUR niche - this would make a lot of sense.
As long as you can reliably find this inventory - other people will start to rely on you when you make these deals and you would have to be clear that each lot may be the last. you could do quick sorts into lots and totally auction off - you also get your money off the table quickly and you keep the stuff you like.
3 sales and 1 non payment for me this MONTH so far. Horrendous.
Bought your Barbie clothing lot on Dibdit this morning. I'm getting my step daughter into reselling and I thought this would be a great way for her to start, learn about a category , do the research and make some money. Thanks for offering reseller lots. I think it's an amazing idea. There are 9 Goodwills within a 5 mile radius of our house and none price items in the same way. Each store has a different personality based on the people in charge. We have additional thrift stores in our area and tons of garage sales, so there are a lot of options, but buying bulk is always great, especially during the summer when it's 118 degrees and we don't want to go outside :)
The man Kevin. Love it. Always learning from you
Love this idea of bulk item selling marketplace
My area has a ton of thrift stores and garage sales but all of them including garage sales the prices are ebay prices. It takes extra long to find treasures along with several resellers in my area
That is my biggest problem. Either there is mostly clothes or items are priced to high for me to make a profit on. At most of the rummage sales I find.
My favorite quote is , It’s not the land it’s the man.
One of the mantras I made my kids repeat over and over is “no one owes me anything”. The point was to instill in them the idea of taking ownership for their lives and not get bogged down in blame shifting responsibility to something or someone else. Choosing to not be a victim works in reselling, too.
Unless you had a deal in place. Like if I do a service for you, you owe me money.
@@mrwhite2039 nope you've already heard the man above. No one owes you anything.
I recently sold my house. Day of closing the buyers bank asked for a new roof inspection. This throws us back to another week or more. Had to cancel everything I had scheduled for the move. It’s called pivoting. Have had to do with eBay as well. When sourcing got expensive at goodwill I searched on Facebook and google for small town thrift stores. Found several church or senior center thrift stores within a 100 miles where I can pick up Levi’s 501’s for $2. Shirts for $1. Many many other bargains. Also do garage sales but our season is very short in Wyoming due to winter and cold weather coming in October and lasting till May. Where there’s a will there is a way My faith has always give. Me peace when stuff like this happens. For 20 years I followed my husband around in the Navy. He retired and divorced me. Pivot. Life happens and boning other people doesn’t give a solution. It ain’t easy. That’s all there is to it. I’m 65 and starting an entirely new life style. Sometimes change is good. eBay has helped make this possible.
@CommonScentsAintSoCommonNow so my boss doesn't even have to pay me? That sounds real intelligent. Last time I checked that was against the law.
@@mrwhite2039 brother this America. Nobody owes you a G. D. Thing! If you don’t like it there’s a communist dictatorship up north with open borders that will gladly take you in.
Yes beneficial for me to unload 2 27” U-Haul trucks with a lot of BNIB, you know when you move and it’s in a box and it’s just easier to go buy another that’s mt. I have over $30,000 scrapbook equipment etc you name it it have from 6 different machines and 100’s of dies by Sizzlits or Cuttlebugs. Stickers button like I said you name it I have it I can’t do it anymore cuz of my injuries all BNNU. Tons of it. Then my mom had old phones going back to 1940 on up some really wicked looking phones from back in the day and just tons of stuff that was my grandmas. Huge box of BN panty hoses with designs on them, postcards, I have over 1500 record albums. Etc…. Plush clothes etc…. I’m just looking to make a lil profit and get it out and then I have a 10x20 storage unit with nothing but eBay stuff very little personal stuff. Over 260-275 Barbie dolls 2 motor homes and accessories clothes etc….. old and a lot fro the late 80’s early 90’s when they were made better. Hooked on phonics
Kevin, I really think you're on to something here. A location, a meeting place for those who are looking for good bulk inventory, albeit in one category, and those who are trying to offload their excess inventory where they're overstocked and have too much. Seems like a natural fit. If you could come up with something like that, it would fill a need that's not being filled right now. In the reselling community. If that's the direction you're going in. I think it would be hugely popular for both those needing to offload a couple of bins of overstock and those looking for those same couple of bins to fill their void for sourcing (which is not very easy anymore).
Have a great weekend Kevin.👍
I love the idea of having a community to basically wholesale to each other. I've thought of this before myself. In the summers I seem to have more than enough places to get things and occasionally come upon great sales dirt cheap and have, in the past, purchased clothes. I HATE to sell clothes, it's just not my lane. I then wish I had someone locally I knew that would want to swap items or purchase them for a little above what I did. I could ship those too but obviously shipping does eat into profits more. If I didn't have a full time job as well I would have sought this out further but I'd love to join a community where we can all help each other like suggested.
I have 1800 items and barely no sales. I wish I could sell it all to someone and quit. 😢
@@carmensusi837 whats your store name
What kind of inventory do you have?
30:40 minutes in: 1.) we are finding (while sourcing) exactly what we EXPECT. Not at every sale of course - but, after a day of sourcing we find the profit. 2.) we have expanded our range (as we have grown and learned on smaller investments) to include items that are higher priced IF THE RETURN potential is there - we typically like an 8x return but with higher priced items we are looking for a quicker sell through rate along with a 5x PLUS return. Example: a recent purchase of $8 (an increase in our initial investment!) item sold in under 3 weeks for $165. 3.) We have inventory from our earlier "learning" phase not yet listed, and in the winter we go through it and either list or donate - I have 4 bins left of this - we list as soon as possible after our purchases on current finds. 4.) if we find ourselves without inventory to list during the winter in Northern Michigan, then there are online auction opportunities. A couple of small thrift stores. We are NOT worried - we have an abundance mentality not a scarcity mentality. Our blessing cup overflows.
Where does your uncle Steve live I have 3 bags full of clubs in callaway bags and then 2 other sets-1 is a Wilson and then one is a black bag I just noticed. When I was in CCU last year my mom went thru my storage unit and my other stuff and I told her that I had the culprit on camera and they have 1 week to return or her friend will be arrested. It was there before the 1 week came, and now I’m finding stuff laying around here that was and is supposed to Be in storage. Just an FYI Kevin cuz you and your family ROCK! Just to get rid of it to someone who’s honest hard working and would appreciate it. It’s yours
I watched this video thinking it would apply to my business. But I had no idea how much it would confirm some things I've recently decided in the care concerns of a family member in her elderly years and likely the beginning of some dementia. God confirms things in mysterious ways. Your words were very timely. Thank you Kevin!
Good morning! Big huggicates and love Mr. Kevin!😊
Kevin, not an answer to your questions but there is a Black license plate in the upper corner of you shop that I can only see 33 and I was wondering, is that a Delaware plate and if so what is the full number? Love all of your video's, thanks for sharing.
Just finished watching the video. Like the idea of you becoming a source. I met someone who is actually sourcing for me at places and it helps. He makes money then I make money. Win win.
I also noticed you mentioned having about 2,000 items. We currently have 2,700 in our store and another 1,000 to list. Starting to get to be a lot but hard to pass up on hitting garage sales and the deals there. We are saving stuff to list over fall/winter. Curious on your thoughts on that. You’ve provided a lot of insight in your videos. Thrifty OC
Make an app for it! That resource for us all would be wonderful!
On the new Dibdit marketplace wholesale idea, I would definitely be interested in participating on the seller side. I am a retired estate liquidator and have calls all week, every week from folks who have collections, homes to clean out etc. I live just outside Memphis and have access to all kinds of great picks in this area and on up into Tennessee containing vintage, collectibles, etc. I retired from hosting sales, but the networking is still in place for me to purchase small lots for myself to list on Ebay, but could be broadened out again to buy out storage lockers and estates (as I did personally for years here). My grown daughter and son in law, and my three teen grandchildren are all working together on a small scale but this could be ramped up for us again. We'd love that as a family. Yeah, count me in! I would imagine you'd also get folks who used to sell through haulsale before it closed.
I tell the USPS all the time when I drop off packages..
Keep raising the rates and soon you all will be without a job
I am getting out of reselling. I am down to about 158 listings and just trying to get rid of inventory. I stopped because it is just too hard to find enough good stuff to make a profit. Yard sales aren't even good for me anymore.
Bulk buys and bulk sales could be helpful. I see bulk buys in my niche happening in some parts of the country, but this area is deader than dead. Dust Bowl dead. Others are probably in the same boat. Sky high prices and/or nothing to buy.
Love today's topic! I am currently a seller on dibdit and others as well as UA-cam. I love the live sales and will participate more on Dibdit once the Android app is launched. It's currently very cumbersome for me to maneuver at the moment. I am interested in the bulk sales strategy and I will be looking for updates. Thanks for all your help! Ps love the Trash to Cash podcast when they let you speak! 😅🤣
I just got the same Howdy Doody last weekend...and he's missing a hand too! (But he does have clothes, lol) Please let us know when the Android app is available.
I’m in the category of having so much in my piles of sourcing clothes, shoes, and hard goods that I can’t get it all listed. I’m thinking about selling lots as well.
I wouldn't mind the contact info for the guy from NY who wants shoes...I have so many shoes...I could send him a ton of great shoes on the cheap...I am selling my house...I need to move my inventory fairly quickly
I was on vacation last week in VA and made a killing at goodwill they were having a sale of 50% off and 70% off if you were a member on everything in the stores but that is a rare find good luck out there
a member of what? a country club?
Not here. No memberships. No sales. Not even for seniors
I like your idea. I’m disabled and it’s hard for me to source but I’m managing for my small reselling. I get out on good days to a thrift store that I typically have good luck at. No longer even stop in Goodwill. I’ve never been to their bin location I have my doubts it because good source for me but I should check it out. I also buy lots off of eBay and Mercari but it’s rare I find a good lot for me.
I haven't heard any reason to unsub,these things affect us all in one way or another,i enjoy your channel and love your set up and how organized it is.I've only unsubbed from one reseller for buying a dog from a backyard breeder at a yard sale.
I have had to push myself to learn about things outside my niche. It’s helped a lot as my sales are triple the same period last year. They could be much better if I could find higher dollar items but I take what I can get.
Yes as a seller I have a lot of winter coats i would love to get rid of in a bulk deal
@@blazer4.077 winter's coming! Get them ready 🙌
@@njerseygrl2 ya it all ways comes but I never sell enough of them
With the holiday last week I really dropped the ball when it came to listing and boy, oh, boy am I paying the price this week! Finally today, I'm seeing a nice increase in sales but also experiencing so very low offers which is frustrating. I've decided the next offer, I will accept and see if that will help. It's a growing experience every day but so happy I can do it!
I think that is a great idea to have a bulk deal district site. I can get a lot of hats and toys from the bins and make some bundles for live sellers. You should call it bulk tiquities...
I love the sourcing idea...I have only once purchased a random box from a UA-camr, never thread up or similar as I just don't trust it...the box I received was actually decent, but I am skeptical and think maybe the first box was great if I order again maybe not...anyway the video idea of contents of the box is excellent...I am mostly a clothing reseller and note that clothing boxes tend to be XS size clothing ... keep us posted.
I love reselling to thrifting, estate sales, garage sales I get a rush finding good deals and it feels fulfilling when I ship the two platform, I go through Ebay and amazon I been seeing sellers going to Lowes to and list on amazon that said I am a newbie and only do this as a side hustle, but it is very fun
I did casual reselling for years. It paid for Christmases, birthdays, and unplanned expenses for my family for the better part of a decade. I live just outside of Richmond, VA. I sourced most of my stuff at local thrift stores. The pandemic really impacted our local thrift scene (three of my best-sourcing stores closed), and the inflation at Goodwill (plus the fact that they were aggressively culling the "good stuff") made me decide to hang it up. But I agree, if I really wanted to continue doing it, I would have adjusted my sourcing strategy and continued. It's great to see that someone is still doing well with it in my home state.
I have the vintage Cypress Gardens life jackets to go with that ski on Dibdit.
Good Will was probably reselling before any of us. Maybe they say that we ruined reselling for them.
I'd say they have been ruining it to a greater degree... harder to find stuff worth reselling.
@@semperfi-1918 yeah but they can’t ruin it if they were doing it first
What size is your shed im looking to purchase one and I think what you have is plenty of room
I like the idea of community sourcing opportunities, although I’m in AZ, just a tad too far away. Great idea though, even if it just helps people purge a death pile to niche out, or refresh. Inspiration
I have too much stuff, Come buy it all!
Hey...as a seller, I would love to do the bulk selling thing...I have sort of been tryin it on my own...but people still want to pick thru instead of taking the whole lot...I would most definitely sign on as a seller of bulk like items...can't wait
I have noticed that the people doing the reselling for a living have changed so much, getting into other platforms and getting away from eBay. Sales have been down a little but I still sell everyday and I only do eBay. As far as sourcing, I do Yard Sales, Auctions, and still Goodwill and other Thrift Stores. We have several Amish & Mennonite thrift stores who still price things with room left. I'm not a full timer and glad I'm not with the economy like it is. Without the You Tube income it would be a struggle for some. I'm still having fun in the thrill of the hunt.
There is no problem finding inventory around here. I have too many clothes and shoes. Hopefully the coats that I have will sell this winter.
How about creating a Facebook business page to bring everyone to? Not marketplace but a business page. No fees and no restrictions!
I live in Wisconsin so the long winters leave me struggling to find inventory. I'd be very interested in buying large wholesale lots
It sounds like a good concept….im a local reseller and have TONS of inventory. I’m always looking to unload things AND buy things at a whole sale level. I’m very particular in what I buy lately. Problem is as resellers we KNOW the value and know what we can make. I’d be interested in this idea.
Met you last year at Flip Con and enjoy your channel. I agree with you there has to be a way to lot up stuff for resellers. I have access to PLENTY of stuff from a local Thrift Store that is overwhelmend with inventory. I'm wanting to start a charity raising money for dementia patients who can't afford in home care. I believe I can use the funds from "reselling" lots to help others. This is a passion for me as I have experience in this area. I'm thinking of using Facebook Marketplace to start selling lots like this. I like your ideas also. If you had a marketplace for lots I would love to partner with you and sell on your platform.
I do pretty well with sourcing. I mostly sell vintage toys and other items. I live 10 minutes from a Goodwill bins so I am fortunate in that regard.
This time of year, sourcing is much better. Last year when I reopened my store, I was glad I was selling things I already had because there were few sales of any sort to take advantage of. Now I look at multiple sources and have a nice Stash to work thru this winter. PS, I do well on shoes, but am picky on condition and style. Vintage shoes in great condition or hard to find sizes 👍
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I like your idea of a small user group having one another as possible sources. I would wonder how to control that so potential sellers are not just using it as a dumping ground for the item they cannot sell. Bye the way, nice job of producing videos that are both informative and entertaining!
Casey the Rockstar Flipper did this during the pandemic. He closed his buy, sell, trade group a while ago. He may be a good person to ask about this type of service business.
There is so much “stuff” everywhere. There is no shortage of “stuff”.
The individual can be great and all for sure but true power and change comes from many great individuals realizing their cooperation is the difference maker.
Sourcing is sufficient in Central Florida. Not finding cartfuls at the Goodwill like the old days. My unsold items are solely my fault. Buying cutesy things not things with good sell through rates. I donate back some items but plan to sell at the local flea market or at garage sales in the cooler weather. My current plan is more cross posting, reducing prices, buying fewer items and combining complimenting items into lots. Kevin I watch your videos all the time. I admire your work ethics and devotion to your family. Lynn K.
This is the slowest time of the year. The late q3 early q4 bounce back may not be as strong as year past. Prepare for it. I would expect 15-20% decrease in revenue from last years Q3 and Q4. Inflation and Recession is getting less sustainable everyday. Each day were all being sipphoned and able to put away less of our paychecks.
I believe it is best to look at in analytically, not from a point of blame.
UA-cam resellers have almost entirely shaped and shifted reselling. They have done most of the marketing for sellers and a strong amount for buyers. USPS is a poorly managed, federally backed business with almost no accountability. Goodwill is Goodwill.
All have made it more complicated and less lucrative to sell than it was almost 19 years ago when I started.
But it is not about blame, it is business and it will only get more competitive and less profitable overall, as will “influencing”. UA-cam will dive soon.
It’s just business.
But not studying how things have affected it all, both negatively and positively, is poor business.
I have a difficult time finding inventory. Would love a reliable, trustworthy on line source that may result in smaller margins than things found in the “wild” but results in steady products to list.
Good sales🎉
When we were on fb we had a group for resellers selling to other resellers and for others that didn't sell. Our group also had opportunities to buy over stock items or collections, and single items. This was for all USA. Although it went so so, 95% of the time, there wasn't enough meat on the bone on items offered when you consider postage, buying price etc. Sellers know what items are worth and in most cases they are dumping items not worth their time. Trading inventory did well. with our Local groups for this idea it does a lot better. if someone passed away and relatives wanted items gone, in cases like this they would not take the time to pack and ship those items, they rather have others buy or take it all. I hope you do well if you give it a try. have you thought about doing local clean outs or bid with various banks to do their cleanouts? Just a suggestion :) :Lot of profit in that, the above is just our experience
Personally I would love this type of marketplace - I live in a land of 9 months of winter - I do not have enough time or money to buy the bulk of my inventory in 3 months and I'm determined to list 3-5 items a day. It has worked out so far, but I would love to buy good items in bulk when the $ is available