My wife is a reseller and I love her for blocking the bad shoppers. I can tell you that you are a great guy and have a great family. I think it's a good idea to block and report the bad people.
I LOVE that you are an everything seller. For one, you have taught me a lot about different things I previously would not have looked for. Plus, there are a couple of folks that do videos that all they look for are video games... it's getting to where I can't stomach those videos anymore. I want to see a variety of things getting picked!
I'm starting to really like the middle man role. Sometimes I just find a bunch of stuff for cheap and can't pass it up... but I'm not that excited about looking it all up and listing. Would love to get it to someone else, make a little money, and clear the space. Tried it recently with some book sets!
I am an everything seller, too. I was heavy on books, but not making as much in that category as I once did, so plush is now my staple, but I look at many different items. I like to keep it dynamic. I am selling less large glass items, because I got tired of shipping it. I do not like electronics, shoes, and most clothes, so I usually pass on those items. I cannot see myself niching down completely. It is too much fun searching for many different items.
I live in a small apartment, I operate my video game business out of two shelves. I have no space for storage, so I only target high value-high demand video games and handhelds with 100% STR. I’m able to do about 2,000 in sales a week with a 35% margin after buy cost/fees/shipping.
This is so cool ! I bought a little shelf set up off Amazon and I’ve made a few flips on eBay I’m about to let the job go and full time it ! Hope it keeps going good for ya God bless !
I am an everything seller. I am niching down to 3-4 categories this year. I feel like I can streamline my business and make it less strenuous as I have ADHD, a chronic illness and am a caregiver. I am also building a reseller community on LP and UA-cam for resellers going through the same thing. Building community has motivated me to be a better reseller.
Me and my wife have been reselling since 1981 and can remember shopping at our local Goodwill in Waukesha Wisconsin. How times have changed for us as resellers. The days of selling at the flea markets and outdoor events freezing our youknowwhats off! We also sell a variety of of things but have started to create somewhat of a niche. It's tough to do though seeing that most of us are probably boarder line hoarders and love the thrill of the deal. We love the big dollar sales but also love the smaller profits. The changes we have made as resellers in the last 44 years has been absolutely required to stay in business and necessary to keep our sanity. Just remember "Progress is impossible without change, and those who cannot change their minds cannot change anything". Keep on truckin' forward resellers! BK Bargain Center - Bob & Kathy White
The benefit of niching down - you don't have to do as much research when sourcing. You can just grab something and go. It DOES save time, once you have the knowledge base. It also saves on shipping and storage because niches tend to have the same general storage and shipping methods.
Yeah but not many resellers can niche down. You need good consistent connection to keep the inventory moving. If you only got a handful of thrift stores in your area then it's almost impossible to do
niching down is the worst thing you can do if you want to grow your business! i have not survived 25 years (since 1998) as a full time reseller via niching down but actually NICHING UP meaning selling in every niche you can and "not have to do as much research" is just to me another reason agreed with technsports when he has repeated multiple times that 99.9% of resellers are lazy! especially the newbies that have come into this professions since covid! BTW diversification is the key! you must make Diversification the center of your business the only business that survive are business that diversify biggest business i can think of is Walmart did they NICHE down no they NICHED up and now they are king of retail! same as Amazon and Ebay do they NICHE down NO they NICHE UP they sell everything and anything on there sites! Resellers should be no different! You want to have longevity in this profession you have to diversify every aspect of your business where you source, what you source (NICHES) where you sell, and most importantly price points at what you sell at (have a healthy medium of LOW MEDIUM and HIGH dollar items) i have lived by this model for 25 years and this model is why im still in business 25 years later and why i have seen a lot of my competitors leave the profession because they didn't adopt making Diversification the center of there business!
My main change for 2024 is sourcing by lots of similar stock in my niche rather than individual items. I find this allows me to streamline my listings, list more consistently, and attract repeat buyers.
I'd love to be a niche only seller, but I just don't find enough of the vintage toys that I love to sell. And, I'm like you, I don't think I could ever pass up things I know sell well because they don't fit my niche. I do love selling ephemera, but it does end up piled up. Sometimes it doesn't feel like a successful listing day when I only get a tiny pile of paper items listed, even though it might be hundreds of dollars! I love the research part of it, but I also spend WAY too much time on that!
Maybe in your area, you should niche down into something there is more than enough of. I know you may like selling vintage toys but since that’s too sparse, look at what is available and use that to build a business and niche down on.
I sell mostly record albums, CDs, and some collectable DVDs. The reason behind the record sales is that I've been a seller and collector for many years. I know the value of most that I source before purchasing. Because of this I have a good idea of my profit margin before listing. I also have a couple of excellent sources for my record albums. I only sell collectables on eBay. Most are purchased at 50% or less than my selling price. Everything I ship is by media mail and I buy the shipping boxes, etc, in bulk. The key for me is buying with knowledge of the potential value of the items when sold. Works for me on eBay and Discogs.
I think it’s awesome that people can niche down and succeed. I can’t imagine passing up profit because it’s not in my niche after being an all around for 7 years straight. I know what’s worth what usually when I walk into a thrift store so passing up especially fast profitable items isn’t possible for me. I don’t have that kind of self control. 😂
the majority of my store is books and paper items .. the best part about it for me is the shipping is always pretty cheap, but I do buy anything cool I see
Hi, good video. I started out selling only 2 things i know about, auto parts and guitars in 2004, i went on to selling everything and anything around 2016 from estate sales, flea markets, thrift stores etc. it went well until around 2021 things that used to sell regularly just died off, i dont know why. and it was taking up lots of space. so in 2023 to now and going forward im back to my niche i guess you would say because the sales are still good. still looking to find some new niches to get into because its always fun to learn. one area i wont buy more of is trading cards, postcard,s stamps comic books, it is so time consuming i just cant deal with the effort vs reward ratio. and i have about a hundred pounds of those things in boxes yet to be dealt with. i know some folks makeout great with that stuff but its not for me
Fantastic video! You're right, niching down can be monotonous, so beware of that to anyone considering it. I niched down to clothing and accessories, and the plus side is definitely in the profit margin. I can go right behind a pack of resellers and still pick out profitable clothing at the thrift, and that's not because I'm "better" or "smarter" than them; it's just experience. I've sold so many clothes for so long now, that I've come across those obscure brands and styles that may not be apparent to everything sellers. I also know my buyers much better. I now understand much better what they're looking for, what they expect, and how to prevent returns. I've also become more of an expert in clothing, shoes, handbags, hats, etc...and made more connections, so I have multiple backup sources for items and never run out of GOOD inventory. People also seem to take it more seriously when you're niched down. When I sold everything, I was just "an eBayer" or a "reseller", but now I "run a clothing store" so I've gained more of a reputation as someone who might buy clothes or have clothes available for sale. With everything sellers, you never know what they have so repeat business is nonexistent almost. Shipping is ridiculously fast for me, and my system sku system is so simple that a regular person could walk into my store and ship anything out, so me being laid up or unable to function doesn't stop the business. When sales get really high and I have to hire help, they can come straight in and learn what they need to do quickly without a big learning curve. Listing takes just minutes, and I fill out EVERYTHING in the listing and take the right pics that I have discovered lead to higher sales. I still pick up profitable items if I see them out of my wheelhouse if the margin is obvious and apparent to me. But I'm not as confident with buyer questions and knowing everything about it. With clothes, I can generally answer every question a buyer wants to know (and fill out item specifics extraordinarily fast). If I go to list a rare toy, I have to research it to know how to price it and know what buyers expect, why they like it, what makes it special, etc. This takes time and in the same period of time, I could surely just list more clothing and make a greater amount of money most times, but I still like to do this because it keeps things livened up a bit. I recommend for anyone on the fence to try it. I can pull and ship 20 items in about 40 minutes (2 min per item). If you can imagine having a bottom limit to profit margin for your items (say 10 dollars profit minimum), you can see very quickly why niching down is the best for someone who is trying to maximize income. Of course, this video is great because money isn't the only reason to resell. It's a great incentive, but for a lot of us, it's not the only reason. For me, selling clothing, shoes, hats & accessories is my primary source of income, so it made sense for me to niche down. I can get my eBay day's work done in about 3-4 hours and be done for the day, meaning if I want to get a week off, I just need 2 really solid days of full work. I couldn't do that if I was an everything seller.
"I can pull and ship 20 items in about 40 minutes (2 min per item). If you can imagine having a bottom limit to profit margin for your items (say 10 dollars profit minimum), you can see very quickly why niching down is the best for someone who is trying to maximize income." you can do this with a lot of different types of items (it all comes down to having your processes set up) this is why being an everything sellers is better then niching down and niching UP is way better and will give your business longevity it comes down to diversification there is not amount of excuse in the world why it would be more beneficial to niche down then niche up and doing research learning about new items is just a lazy persons excuse why to stay in there comfort zone Diversification is the key to succeeding in reselling online and offline make diversification the center of your business diversify where you sell, what you sell, where you source and the price points at what you list your items for (Healthy mix of LOW MEDIUM and HIGH Value items)
@@bennystratton7734 I just don't see that being possible (shipping everything as fast as a business set up to ship one or a limited number of types of items). So you're telling me that if you have a golf club, then a guitar, then a model car, then a sewing machine, then a VCR/DVD combo, you can pack and ship those in less than 10 minutes? C'mon, buddy...common sense tells you that just isn't true. Do you realize how many different boxes are required to do that? Do you understand what that shipping station would look like? How much more space is required and the amount of extra steps and movement required to reach the necessary materials? A chick that only sells vintage jewelry has everything at her fingertips and can pack and ship her orders way faster than a guy who has a bunch of different yard sale bobbles of different shapes and sizes. That's just a fact. Diversification sounds good in theory (job security), but the reality of the world is that experience pays off, and you simply can't be an expert in everything, and there will always be categories where items are desirable no matter what. No need to "diversify" away from your specialty if you're making a killing. If you sell only guitars, and you are a guitar expert, you'll still be able to sell guitars no matter the shape of the economy. Same with any expert in any category; no need to diversify. There is a ceiling where learning more about any specialty area is going to net less return on your investment, but ultimately, an expert in a field is going to perform better than a do-it-aller. Also, if you look at the highest yielding sellers on eBay, the OVERWHELMING majority of those are people who sell in just one or two categories. Sure, there might be some everything sellers who can bring in a 6 figure income on eBay, but it's a LOT more rare and of those that do, the majority also have some type of social media following to boost their sell-through rate. You're going to have a hard time convincing me that a guy who has sold nothing but vintage toys for the past 10 years on eBay is no more experienced than an everything seller in that category. That vintage toy seller will be able to answer every question I have about toys, get them consistently cheaper than an everything seller, have far more repeat business, and have a lot more job security through his connections and knowledge than a guy who sells everything.
@@criticalmassiveenterprise btw i was not talking about big bulky items i was talking about easy items like your talking about flat items light weight items if you have your process in place picking and packing can be done in less then in 1 minute with many different items including cards, comics, the list goes on bulky and large items are not are not daily sellers but murphy's law and law of averages when your niche of toys are not selling my many many different categories i sell in are selling im not beholden to one category! i would not be here 25 years later after going full time if this what i state is not true.....Diversification in every aspect of your business including items you sell is the ONLY way to have your business Longevity proof! period end of story this is how it is you don't have to know everything about something but you have to know something about everything and GOOGLE and YT is your friend to actually learn more about all items you sell there is nothing wrong with having to look uip something about items you sell because a seller asked you a question and you don't know the answer to it i have done this for 25 years btw Being diversified and having thing 100's or 1000's of items will always give you repeat buyer business you don't need a social media presence to do that big falsehood this is all from my 25 years experience of full time reselling
I'm a niche seller, selling vintage postcards online since the 90s. For me it pays to specialize and become the source for info on a very specific topic. People send items my way by word of mouth through my contacts, you tube videos, FB pages I created etc. My items are easy to store and take up little room. I do not know too many other items where I could have 50k items stored in one metal rack neatly in boxes in one room. And as far as shipping supplies go, all I use are postcard sleeves, rigid small mailers and thermal printer labels! My shipments are picked up daily at my door with no trips to the PO. I will never pass up items outside my niche, but I would say 95% of my sales come from that one niche.
I want to be more organized this year, and get out of our storage unit. Sales have slowed down dramatically, and I want to streamline the process as much as possible. Without having to leave the house to pick stuff up saves on shipping time and also our budget. My partner however has a buying problem, which makes all of this harder. We sell on Posh and Ebay.
Yes Niching down is probably way more Efficient than Everything Selling! But I will sell Everything because friends give me a lot of items for free, or I find things at a low cost.
I sell like a mini CLL, bc she is the one I originally started watching on UA-cam for reselling. She's young, but very knowledgeable! I love her taste, and therefore I wanted to follow that vibe. I love art glass and art pottery & antiques. So I've scaled down on items other than those I really like! 😉
Niche selling totally depends on your sourcing avenues. In larger cities you naturally have more choices making niche selling easier. I’m rural with just small towns available to source in so to be most profitable you have to sell a bit of everything. I prefer it because it more exciting than looking for just one item. I used to only sell collectible glass, like depression glass. My mom and her sisters were into collecting it and we all went to flea markets and auctions regularly to source. It was easier back in the 80’s and 90’s to find tons of it dirt cheap around here. Demographics have changed as older folks have passed on and the estate sales now have totally different stuff. You have to sell what you can find and be mindful of how much time and money you are actually spending on sourcing.
Wow, hats off to you; glass sounds like an absolute nightmare to ship. I've shipped some vintage plates, glasses, cups, etc., before, and I tell you every time I shipped them, I'd just sit on the edge of my seat waiting for someone to open up a return for a broken item. I agree with you on niching down in smaller areas.
I started as clothing reseller.. niche down. Over time I’ve changed into an everything seller. Too many times I was stepping over a dollar, for a dime.
Reselling for me started as a hobby that I used to be able to take my kids to do fun things. Now I’m still part time but, it has become 100% necessary for me to be able to take care of my family. I just can’t pass up something that will make me money, I will always be an everything seller.
I'm only on eBay (tried Poshmark but it wasn't worth the extra effort for me). However, I'm considering Whatnot for those odd, nifty items that no one thinks to look for, but which may catch a decent price if they were put on display. As far as variety, I'm an everything seller. I'd love to find a niche but haven't found any reliable sources yet.
I agree with you Kevin. I am an everything seller. I flip storage units and I love the thrill of the hunt. There is no way I could do this if I only sold one thing, not to mention, that everything has its limited time in popularity: beanie babies, Funko pops etc. I don't want to put all of my eggs in one basket.
1000% correct! this is also called diversification as well! i have been diversified for 25 years it will allow your business to have longevity it got me through the 08' recession and yes its a thrill of the hunt for inventory and every day is different im not always selling the same things day in and day out.
I still grab a little bit of everything, but am in the process of niche-ing down into Lego. Goal is to be 80% Lego, 20% other stuff to keep me entertained. Lego has a larger fandom built in already, so most of my UA-cam channel is geared toward that. The benefit of a niche, and with social media built around it, is you attract people who want to buy your stuff and they start to trust you with what they love.
Niching down pro’s, easier to list,store,ship,repeat customers,multiple sales,you become an expert in that item. Cons, can be hard to find enough items if you’re sourcing opportunities are limited, you will also miss home run items from other niches, you will walk on by easy money. My advice, don’t totally niche down, but feel free to go deep in a few categories.
I sell everything, cause i enjoy variety…I cant just doe shoes or cloths, but wouldn’t mind selling those if i find the right one, but i sell toys, movies, games, music, mugs ect.
The reason I do not niche down is I find too many items with high return outside of my niche. I do not have a large enough source for my preferred niche. I'll buy in any category as long as it's relatively easy to ship and has acceptable margin.
I am niching down to mens clothing, mostly shirts right now. It's not because I like mens clothing but because it is in abundance, doesn't take up much space to store, and is easy to ship.
Great Video as Always Kevin and great to see Reagan and Turner “Just love his jokes”! Hi BRM And Hugs to All and prayers to the “Entire Families”! God Bless and Stay Safe
I definitely am not niching down but am going to do my best to increase my average sales price to a $20-25 minimum (unless it’s a bulk buy easy to ship item) and I want to expand into a couple of other selling platforms. I would like to double my sales this year as well. Well gtg list. Have a great day Kevin.
Thank you for this insight on niching down. Please address … is it worth selling something for $20 or $25? You sold Skellator for under $25. Is it worth your time?
I imagine people are hurting for money more now, one because inflation is so high the past few years and two because people want to work less and less and nobody wants to work difficult jobs that do pay decent.
I used to make dammit dolls- maybe I should start again. You seem to always be pulling some for shipping. I was unfamiliar with a few of the other platforms you mentioned, could you list those somewhere? I am also an everything seller, love to figure out what things are and only buy if I can make it worth my time. Appreciate your input! Curious where you sell the partial Chanel perfume? Thought eBay said it has to be either full or empty for the bottle.
I've niched down to Barbie's(when I can get them!) and because I was a bit bored of always selling the same thing, I've added victorian ephemera more recently, because diversifying is always good. I will also start looking at other things (small, non-breakables) I can find to spice things up. I found it makes things more interesting to me. So, all in all I guess I'm trying to be a hybrid seller.
1000% make diversification the center of your business it will never lead you astray! i have made diversification the center of my business when i went full time in 98' and i have not looked back since
Hi Kevin! After years of selling postcards only, I am going to return to selling anything and everything. Postcards alone are not making me the money they did, three-four years ago. I was an everything seller in the 1990’s. My current eBay store is my third. I enjoy watching your videos and I can’t wait to see you, next… time! 😆
I am just getting started in reseller business but I'm a self-employed hair stylist and have been for 29 years. This slow market happens every 4 years. When I was starting out years ago the older stylists made me aware of this, election years are slow, until after the election and it's true. I keep crazy records to go back and look and spot on, it's true. I don't think people even realize they are doing it but they do. It sometimes will pick up after tax returns. People all of a sudden know they have a little extra and they have been tightened up for a couple of months so they treat themselves and this triggers things sometimes to go back to somewhat normal but most years it doesn't. So hold out until March and see what happens other wise November will pick up and not just because 4th quarter. Also these markets are being a bit flooded with new sellers who are sick of the 9-5, not realizing small business owning is 24/7. They will die off for lack of a better term. Thank you for the great insight though, I'm learning a lot before I jump.
I only started part-time reselling properly in Aug last year around full time work elsewhere. I had a brief stint as an everything seller but quickly learned I did not enjoy that. Within a couple of months, I moved into books as that's something I enjoy collecting and being surrounded by personally. Towards the end of last year, I focused more on vintage and antiquarian and that feels like the right shift for me. I'm working on developing those consistent streams of stock but getting there, in addition to putting reliable systems in around my day job.
I'm with you on that one I'll never niche completely down to one category. I enjoy buying the stuff that I get and if I have the space I would probably keep it at all. Just selling clothes or any one category would be boring.
I just watched the Varnell: Josh & Hayley show. I can't understand why you don't have such a large following as they do. You do a great job, include your family and even "Bubba" and a cameo of Bubbas girlfriend occasionally. It must be people at youtube not pushing you.
Resell shops adjusting prices higher & postal rate increases you just have to be more selective on purchases. I make my money from bulk purchases or free merchandise from family, friends & local community from word of mouth.
Can we all please take a moment to THANK YOU!!!!! for being clear when the title of the video will be talked about. I find it very hard to watch shed flips and adhdave when it feels like they never get to the topic. I'm not saying their content is bad but it's just not for me personally. THANK YOU!!!!
I'm an everything seller. I call it a variety store. I have enjoyed building it the last year and a half and filling all the different categories. Makes for fun browsing.
I got into reseller, because a lot of time when it came to me moving, either on the other side of time or out of state/country, I would list items that I didn't really want to move that was still in like new condition. Then my family, friends, neighbors would give me their items that they didn't want to pack and move. I like the feeling when I found that buyer that was looking every where for that item and now they found it. I later would go out and shop for items that people were looking for, and purchase it for them. So now, I research to see what people are looking for and list. If I match the item with the person is satisfying.If it sits and sits until that person, it doesn't really bother me.
I'm always shocked how much Ebay steals from it's sellers, decades ago the list pricing made sense now it's just highway robbery. Not only that Ebay has easily the lowest selling prices, high fees low prices to eat every ounce of profit, it really is pointless as a seller. For buyers it's fantastic. Or for UA-camrs with a following.
If you sell everything, take a look at your year end report and it will tell you what category was your most sales. Mine was books and CDs and I sell everything but I love selling books and CDs and it showed.
Its no fun selling one thing i get a thrill out of selling somehing i never sold before specialy them hard sells iv traveld towns buisnesses u name it sell stuff was a pair of backhoe teeth took like 3 towns n 10 stops over few weeks sweet victory when it sold
Hi Kevin ... i'm a treasure hunter too .... but I do have certain things that I know best and sell best .. but clothing including shoes is something that i'm not knowledgeable about and not something i'm that interested in. Media (movies and music) and toy and books are things that I enjoy selling best. I was using promoted listings on Ebay up until the end of last year of up to 10%, As of January 1st I dropped promoted listings and am doing it with just regular listings and deleting and reselling similar, So far my sales in the first half of January are doing really well ... and I could end up having my top sales month ever if it keeps going the way is now. The first couple days were really slow though then my sales started being incredibly consistent. I'm starting to think promotes sales are better for people that need a boost in their sales for while ..... but after a while aren't really needed.
My little shop focuses on vintage books. The reason is that I do not have the space to sell larger items and sending items through Media Mail makes it easy. This year I'm adding vintage postcards and other ephemera. I've had some good luck selling these ($$$) but it is only part time. I'm hoping to expand to full time in the future. We will see.
I started selling Breweriana (vintage), I love it and I know the category very well, but thanks to you and a couple other UA-cam Sellers (not ADHD Dave), I have started to become more of an "everything" seller, I will continue to become more of an everything seller, the more items in my active listings the better I say!$
I finally decided to sell my guitar collection. I have 60 guitars to sell so been thinking about just posting them but I have a room fulll of merch I need to get rid of. Therefore, I am going to be an everything seller till the day I stop reselling and Go eBay!!
Drinking glasses? Fill the inside with packing paper to reduce vibrations. Then wrap twice in small size bubble wrap and one in large size bubble wrap. Then “float” the item in the box with either more packing paper, packing peanuts, styrofoam scraps, or my favorite fast food drink carriers or paper egg cartons. We sell eggs so I buy egg cartons in bulk. They make very good breakable cushioning.
Niching down makes sense if you have physical restrictions too - mobility, weight restrictions, and other disabilities. Only sell what you can easily physically handle and get your hands on. As someone else mentioned, it's also useful in that you have to do a LOT less research. Some antiques specialists say that while you resellers are searching on your phones, we're buying what you were looking at or walking away to buy something else. We already know what it is.
I’m a niche seller I primarily sell only in three categories. My plan is to build an operation where I have a sure stream of goods coming in to allow me to hire staff and expand into a multi million dollar business. You can’t do that as an everything seller unless maybe you own your own local thrift store chain. With that being said my drive is the success factor in building a large corporation. Everything sellers drive is in the hunt and finding the product. You just have to be ok with only making so much. Btw I’m listing items at the moment while watching this video
5:14 it be nice to show how you package that vcr does not look like enough cushion rule of thumb there should be minimum of 4 inches on all sides between the item and the box i have always used that rule for electronics like vcrs dvd players stereo receivers i always box inside a box we all know how Postal workers can and do mishandle packages also if it cant survive a 10 foot drop off a conveyer belt it shouldn't be shipped i learned 2 decades ago do it right the first time we really need to stop babying buyers we all need to start charging actually shipping I.E. calculated shipping they need to understand shipping is not cheap if packaged properly. this is why when someone brings in a 24x24x12 box and its 20 pounds and sending from the east coast to the west cost they are sticker shocked because the postal worker tells them its over $100 to ship it all falls on us the resellers who give buyers a false impression that shipping is CHEAP or FREE
I think Jride has a good view on this subject. Sell the sell-through rate. If it's high, sell it. But I have long tail stuff that just finds it's way into my store. LOL
Bro ur doing it wrong after seeing everything youv built clearly on camera obviously wrong Lol jk hopeing to get my vcr out of storage wonder if tapes sell. drop shiping is just buying stuff for people at home ? Or
I have a question for resellers. I got a sale on an auction my problem is i never do auctions. It's my pictures but everything else is wrong. My buy it now is still up in my store. How do i fix this. I can't find a way to contact Ebay on this subject. I don't understand how this happened.
I'm not a huge advocate for niching down, UNLESS you can source your niche. I would love to do vintage toys, but they're not easy to get in my area, so I mostly specialize in older/vintage books. I think you need multiple niches, and keep learning new ones. You hit every point that I was thinking about. I think maybe the term should be "niche up." START in your niche, and then learn other stuff.
My niche is ephemera - yes the thing you don't care for is my jam. I *love* digging through boxes of paper. I've been doing it for a long time so yes I know what most of it is worth and how to sell it - by piece or batch or for crafts or whatever. The fun for me is when I see something I don't recognize and have to do research - my own little treasure. The advantages of this niche are: easy to store, light to ship, easy to photograph, same type of shipping materials for all items and for me, very easy to source in any quantity I want. I could not be an everything seller, I've tried. I hate the variety of sizes of items to ship. I really dislike trying to figure out what is worth my time to list and what is not. I really despise clothes and shoes because of sizing. Etc. I do think being an everything seller works for a lot of people and the variety keeps them going. Some folks would be bored to death spending a week listing the slips of paper in one of my boxes. But I love it. Thanks for the great content.
Mostly sell items that have min $20-50 profit. Of course mistakes are made at times and we make less- Best items imo for good profit and are fun for me- Cameras,watches,vtg jackets(racing ones etc.) And certain vtg hats. (When we can find them) peace
I primarily sell the same things but if I see something I can sell, I will pick it up. If u niche down and just ignore everything else, I feel u will miss so many opportunities. If u become a huge reseller with 10s of thousands of items and its primarily lets say clothing, I get it to niche. But if you have 100s or a a couple thousand items for sale, i feel that u can sell everything and anything
I have two stores. One for strictly tools. I find that you will retain more repeat buyer / followers compared to my other store, where I sell in many different categories. The tools are my bread and butter compared to the other. Mainly just for funzies with the wife.
Speaking about being niched down, sometimes I buy some things because I know I can make money on them. But then after the fact I'm like "How on earth is the Dartoylord going to sell a sewing machine??" Right in the deathpile it goes. If you need a sewing machine just let me know🤣🤣
I sell mostly collectible plush, toys and games from the 80's on up and do really well in 3rd & 4th quarters. I sell things outside of my niche when I find items at a really good bargain and I like to learn and grow as a reseller so I'll occasionally sell clothes, shoes and household knick knacks.
The economy is good in the broad statistics we consider such as the growth of the stock market under Biden etc. The issue is that 50% of Americans don't have $500 but that is how it has been for the majority of America's history. Poor people don't have stocks so the stock market increases don't affect them.
If you don't make any money on shipping, unless you increase the item cost, you're losing money in packing/shipping materials. That stuff isn't free. Also, returns are a consideration. If you're Top Rated Plus, you can give the buyer a good price on shipping that is below the standard rate because eBay gives you a nice discount, while still covering all of this pretty easily. I'd rather have shipping at one flat cost to cover my margins so that I can negotiate item price fully without having to worry about it hurting me. I never lose money on shipping.
I think I will just keep asking this until someone responds. What is the selling platform you keep mentioning? Is it dibdib or dibbedit or dbdip? I have tried everything and none of these come up. I would like to try this selling platform out lol. Thanks
I could be wrong but I've seen di-bid mentioned in comments on other videos before. Sorry if this doesn't end up being what u need. I think there's also a hi-bid maybe?
@@jeterman29ny I was checking this the other day, and didn’t make sense to me either. I found it…but it still doesn’t make much sense. “DIBDIT” is not the main page. DIBDIT is just one marketplace on the “DISTRICT” page. District: “Welcome to the official Mystic Rips marketplace! Where you can find the best prices and highest quality on English, Japanese, and Korean Pokémon TCG product” For some reason Kevin, Craigslist Hunter, and some others have a marketplace within District. I think Kevin’s personal marketplace is called “DIBDIT”.
Always happy to see content such as this that helps people out instead of just clickbaited. My “2 cents of rational” = Be nice to evrryone, karma exists and people enjoy giving a better deal or calling you back if you were friendly. Network and talk , sometimes I knowingly talk louder at garage sales so strangers can hear that I buy certain items, they will talk w me at my car… niche areas exist, Nasa is crazy for buyers ( Houston here) , and I can see sourcing from Disney park areas, Chicago for the Bulls/Jordan, and any specific sports team city etc. Always entertain offers and send offers to watchers… a few dollars could influence the sale vs another seller who is not proactive w rotating stock. Have a fun and safe 2024 yall ! Travis @ Bartermania ✌️☘️
My wife is a reseller and I love her for blocking the bad shoppers. I can tell you that you are a great guy and have a great family. I think it's a good idea to block and report the bad people.
I LOVE that you are an everything seller. For one, you have taught me a lot about different things I previously would not have looked for. Plus, there are a couple of folks that do videos that all they look for are video games... it's getting to where I can't stomach those videos anymore. I want to see a variety of things getting picked!
I'm starting to really like the middle man role. Sometimes I just find a bunch of stuff for cheap and can't pass it up... but I'm not that excited about looking it all up and listing. Would love to get it to someone else, make a little money, and clear the space. Tried it recently with some book sets!
I am an everything seller, too. I was heavy on books, but not making as much in that category as I once did, so plush is now my staple, but I look at many different items. I like to keep it dynamic. I am selling less large glass items, because I got tired of shipping it. I do not like electronics, shoes, and most clothes, so I usually pass on those items. I cannot see myself niching down completely. It is too much fun searching for many different items.
I live in a small apartment, I operate my video game business out of two shelves. I have no space for storage, so I only target high value-high demand video games and handhelds with 100% STR. I’m able to do about 2,000 in sales a week with a 35% margin after buy cost/fees/shipping.
This is so cool ! I bought a little shelf set up off Amazon and I’ve made a few flips on eBay I’m about to let the job go and full time it ! Hope it keeps going good for ya God bless !
I am an everything seller. I am niching down to 3-4 categories this year. I feel like I can streamline my business and make it less strenuous as I have ADHD, a chronic illness and am a caregiver. I am also building a reseller community on LP and UA-cam for resellers going through the same thing. Building community has motivated me to be a better reseller.
Me and my wife have been reselling since 1981 and can remember shopping at our local Goodwill in Waukesha Wisconsin. How times have changed for us as resellers. The days of selling at the flea markets and outdoor events freezing our youknowwhats off! We also sell a variety of of things but have started to create somewhat of a niche. It's tough to do though seeing that most of us are probably boarder line hoarders and love the thrill of the deal. We love the big dollar sales but also love the smaller profits. The changes we have made as resellers in the last 44 years has been absolutely required to stay in business and necessary to keep our sanity. Just remember "Progress is impossible without change, and those who cannot change their minds cannot change anything". Keep on truckin' forward resellers! BK Bargain Center - Bob & Kathy White
The benefit of niching down - you don't have to do as much research when sourcing. You can just grab something and go. It DOES save time, once you have the knowledge base. It also saves on shipping and storage because niches tend to have the same general storage and shipping methods.
Yeah but not many resellers can niche down. You need good consistent connection to keep the inventory moving. If you only got a handful of thrift stores in your area then it's almost impossible to do
niching down is the worst thing you can do if you want to grow your business! i have not survived 25 years (since 1998) as a full time reseller via niching down but actually NICHING UP meaning selling in every niche you can and "not have to do as much research" is just to me another reason agreed with technsports when he has repeated multiple times that 99.9% of resellers are lazy! especially the newbies that have come into this professions since covid! BTW diversification is the key! you must make Diversification the center of your business the only business that survive are business that diversify biggest business i can think of is Walmart did they NICHE down no they NICHED up and now they are king of retail! same as Amazon and Ebay do they NICHE down NO they NICHE UP they sell everything and anything on there sites! Resellers should be no different! You want to have longevity in this profession you have to diversify every aspect of your business where you source, what you source (NICHES) where you sell, and most importantly price points at what you sell at (have a healthy medium of LOW MEDIUM and HIGH dollar items) i have lived by this model for 25 years and this model is why im still in business 25 years later and why i have seen a lot of my competitors leave the profession because they didn't adopt making Diversification the center of there business!
Gotta have more sources than just thrift stores if you niche down or plan to make a real living
Also easier to organize your inventory
My main change for 2024 is sourcing by lots of similar stock in my niche rather than individual items. I find this allows me to streamline my listings, list more consistently, and attract repeat buyers.
I'd love to be a niche only seller, but I just don't find enough of the vintage toys that I love to sell. And, I'm like you, I don't think I could ever pass up things I know sell well because they don't fit my niche. I do love selling ephemera, but it does end up piled up. Sometimes it doesn't feel like a successful listing day when I only get a tiny pile of paper items listed, even though it might be hundreds of dollars! I love the research part of it, but I also spend WAY too much time on that!
Maybe in your area, you should niche down into something there is more than enough of. I know you may like selling vintage toys but since that’s too sparse, look at what is available and use that to build a business and niche down on.
I needed this video today more than you know. Thank you! I would be so bored selling a niche. ❤
I sell mostly record albums, CDs, and some collectable DVDs. The reason behind the record sales is that I've been a seller and collector for many years. I know the value of most that I source before purchasing. Because of this I have a good idea of my profit margin before listing. I also have a couple of excellent sources for my record albums. I only sell collectables on eBay. Most are purchased at 50% or less than my selling price. Everything I ship is by media mail and I buy the shipping boxes, etc, in bulk. The key for me is buying with knowledge of the potential value of the items when sold. Works for me on eBay and Discogs.
I think it’s awesome that people can niche down and succeed. I can’t imagine passing up profit because it’s not in my niche after being an all around for 7 years straight. I know what’s worth what usually when I walk into a thrift store so passing up especially fast profitable items isn’t possible for me. I don’t have that kind of self control. 😂
the majority of my store is books and paper items .. the best part about it for me is the shipping is always pretty cheap, but I do buy anything cool I see
How do you find books sell on E-bay? I am a big reader and would love to sell books regularly v. other items.
Hi, good video. I started out selling only 2 things i know about, auto parts and guitars in 2004, i went on to selling everything and anything around 2016 from estate sales, flea markets, thrift stores etc. it went well until around 2021 things that used to sell regularly just died off, i dont know why. and it was taking up lots of space. so in 2023 to now and going forward im back to my niche i guess you would say because the sales are still good. still looking to find some new niches to get into because its always fun to learn. one area i wont buy more of is trading cards, postcard,s stamps comic books, it is so time consuming i just cant deal with the effort vs reward ratio. and i have about a hundred pounds of those things in boxes yet to be dealt with. i know some folks makeout great with that stuff but its not for me
Fantastic video! You're right, niching down can be monotonous, so beware of that to anyone considering it. I niched down to clothing and accessories, and the plus side is definitely in the profit margin.
I can go right behind a pack of resellers and still pick out profitable clothing at the thrift, and that's not because I'm "better" or "smarter" than them; it's just experience.
I've sold so many clothes for so long now, that I've come across those obscure brands and styles that may not be apparent to everything sellers. I also know my buyers much better. I now understand much better what they're looking for, what they expect, and how to prevent returns.
I've also become more of an expert in clothing, shoes, handbags, hats, etc...and made more connections, so I have multiple backup sources for items and never run out of GOOD inventory. People also seem to take it more seriously when you're niched down. When I sold everything, I was just "an eBayer" or a "reseller", but now I "run a clothing store" so I've gained more of a reputation as someone who might buy clothes or have clothes available for sale.
With everything sellers, you never know what they have so repeat business is nonexistent almost.
Shipping is ridiculously fast for me, and my system sku system is so simple that a regular person could walk into my store and ship anything out, so me being laid up or unable to function doesn't stop the business. When sales get really high and I have to hire help, they can come straight in and learn what they need to do quickly without a big learning curve.
Listing takes just minutes, and I fill out EVERYTHING in the listing and take the right pics that I have discovered lead to higher sales.
I still pick up profitable items if I see them out of my wheelhouse if the margin is obvious and apparent to me. But I'm not as confident with buyer questions and knowing everything about it. With clothes, I can generally answer every question a buyer wants to know (and fill out item specifics extraordinarily fast).
If I go to list a rare toy, I have to research it to know how to price it and know what buyers expect, why they like it, what makes it special, etc. This takes time and in the same period of time, I could surely just list more clothing and make a greater amount of money most times, but I still like to do this because it keeps things livened up a bit.
I recommend for anyone on the fence to try it. I can pull and ship 20 items in about 40 minutes (2 min per item). If you can imagine having a bottom limit to profit margin for your items (say 10 dollars profit minimum), you can see very quickly why niching down is the best for someone who is trying to maximize income.
Of course, this video is great because money isn't the only reason to resell. It's a great incentive, but for a lot of us, it's not the only reason. For me, selling clothing, shoes, hats & accessories is my primary source of income, so it made sense for me to niche down. I can get my eBay day's work done in about 3-4 hours and be done for the day, meaning if I want to get a week off, I just need 2 really solid days of full work. I couldn't do that if I was an everything seller.
Great insight! Thanks for sharing!
"I can pull and ship 20 items in about 40 minutes (2 min per item). If you can imagine having a bottom limit to profit margin for your items (say 10 dollars profit minimum), you can see very quickly why niching down is the best for someone who is trying to maximize income."
you can do this with a lot of different types of items (it all comes down to having your processes set up) this is why being an everything sellers is better then niching down and niching UP is way better and will give your business longevity it comes down to diversification there is not amount of excuse in the world why it would be more beneficial to niche down then niche up and doing research learning about new items is just a lazy persons excuse why to stay in there comfort zone Diversification is the key to succeeding in reselling online and offline make diversification the center of your business diversify where you sell, what you sell, where you source and the price points at what you list your items for (Healthy mix of LOW MEDIUM and HIGH Value items)
@@bennystratton7734 I just don't see that being possible (shipping everything as fast as a business set up to ship one or a limited number of types of items). So you're telling me that if you have a golf club, then a guitar, then a model car, then a sewing machine, then a VCR/DVD combo, you can pack and ship those in less than 10 minutes? C'mon, buddy...common sense tells you that just isn't true.
Do you realize how many different boxes are required to do that? Do you understand what that shipping station would look like? How much more space is required and the amount of extra steps and movement required to reach the necessary materials? A chick that only sells vintage jewelry has everything at her fingertips and can pack and ship her orders way faster than a guy who has a bunch of different yard sale bobbles of different shapes and sizes. That's just a fact.
Diversification sounds good in theory (job security), but the reality of the world is that experience pays off, and you simply can't be an expert in everything, and there will always be categories where items are desirable no matter what. No need to "diversify" away from your specialty if you're making a killing. If you sell only guitars, and you are a guitar expert, you'll still be able to sell guitars no matter the shape of the economy. Same with any expert in any category; no need to diversify.
There is a ceiling where learning more about any specialty area is going to net less return on your investment, but ultimately, an expert in a field is going to perform better than a do-it-aller. Also, if you look at the highest yielding sellers on eBay, the OVERWHELMING majority of those are people who sell in just one or two categories.
Sure, there might be some everything sellers who can bring in a 6 figure income on eBay, but it's a LOT more rare and of those that do, the majority also have some type of social media following to boost their sell-through rate.
You're going to have a hard time convincing me that a guy who has sold nothing but vintage toys for the past 10 years on eBay is no more experienced than an everything seller in that category. That vintage toy seller will be able to answer every question I have about toys, get them consistently cheaper than an everything seller, have far more repeat business, and have a lot more job security through his connections and knowledge than a guy who sells everything.
@@criticalmassiveenterprise btw i was not talking about big bulky items i was talking about easy items like your talking about flat items light weight items if you have your process in place picking and packing can be done in less then in 1 minute with many different items including cards, comics, the list goes on bulky and large items are not are not daily sellers but murphy's law and law of averages when your niche of toys are not selling my many many different categories i sell in are selling im not beholden to one category! i would not be here 25 years later after going full time if this what i state is not true.....Diversification in every aspect of your business including items you sell is the ONLY way to have your business Longevity proof! period end of story this is how it is you don't have to know everything about something but you have to know something about everything and GOOGLE and YT is your friend to actually learn more about all items you sell there is nothing wrong with having to look uip something about items you sell because a seller asked you a question and you don't know the answer to it i have done this for 25 years btw Being diversified and having thing 100's or 1000's of items will always give you repeat buyer business you don't need a social media presence to do that big falsehood this is all from my 25 years experience of full time reselling
I'm a niche seller, selling vintage postcards online since the 90s. For me it pays to specialize and become the source for info on a very specific topic. People send items my way by word of mouth through my contacts, you tube videos, FB pages I created etc. My items are easy to store and take up little room. I do not know too many other items where I could have 50k items stored in one metal rack neatly in boxes in one room. And as far as shipping supplies go, all I use are postcard sleeves, rigid small mailers and thermal printer labels! My shipments are picked up daily at my door with no trips to the PO. I will never pass up items outside my niche, but I would say 95% of my sales come from that one niche.
Its all about the hunt! Great Channel! I am glad to know I am not the only one with a "death pile" .... 😁
I want to be more organized this year, and get out of our storage unit. Sales have slowed down dramatically, and I want to streamline the process as much as possible. Without having to leave the house to pick stuff up saves on shipping time and also our budget. My partner however has a buying problem, which makes all of this harder. We sell on Posh and Ebay.
Yes Niching down is probably way more Efficient than Everything Selling! But I will sell Everything because friends give me a lot of items for free, or I find things at a low cost.
I sell like a mini CLL, bc she is the one I originally started watching on UA-cam for reselling. She's young, but very knowledgeable! I love her taste, and therefore I wanted to follow that vibe. I love art glass and art pottery & antiques. So I've scaled down on items other than those I really like! 😉
Niche selling totally depends on your sourcing avenues. In larger cities you naturally have more choices making niche selling easier. I’m rural with just small towns available to source in so to be most profitable you have to sell a bit of everything. I prefer it because it more exciting than looking for just one item. I used to only sell collectible glass, like depression glass. My mom and her sisters were into collecting it and we all went to flea markets and auctions regularly to source. It was easier back in the 80’s and 90’s to find tons of it dirt cheap around here. Demographics have changed as older folks have passed on and the estate sales now have totally different stuff. You have to sell what you can find and be mindful of how much time and money you are actually spending on sourcing.
Wow, hats off to you; glass sounds like an absolute nightmare to ship. I've shipped some vintage plates, glasses, cups, etc., before, and I tell you every time I shipped them, I'd just sit on the edge of my seat waiting for someone to open up a return for a broken item. I agree with you on niching down in smaller areas.
1000% correct! Margins are everything i try to keep my margins as close to 0 as possible
I started as clothing reseller.. niche down. Over time I’ve changed into an everything seller. Too many times I was stepping over a dollar, for a dime.
Reselling for me started as a hobby that I used to be able to take my kids to do fun things. Now I’m still part time but, it has become 100% necessary for me to be able to take care of my family. I just can’t pass up something that will make me money, I will always be an everything seller.
I'm only on eBay (tried Poshmark but it wasn't worth the extra effort for me). However, I'm considering Whatnot for those odd, nifty items that no one thinks to look for, but which may catch a decent price if they were put on display.
As far as variety, I'm an everything seller. I'd love to find a niche but haven't found any reliable sources yet.
Watching your videos just relax my end of day...
I agree with you Kevin. I am an everything seller. I flip storage units and I love the thrill of the hunt. There is no way I could do this if I only sold one thing, not to mention, that everything has its limited time in popularity: beanie babies, Funko pops etc. I don't want to put all of my eggs in one basket.
1000% correct! this is also called diversification as well! i have been diversified for 25 years it will allow your business to have longevity it got me through the 08' recession and yes its a thrill of the hunt for inventory and every day is different im not always selling the same things day in and day out.
I still grab a little bit of everything, but am in the process of niche-ing down into Lego. Goal is to be 80% Lego, 20% other stuff to keep me entertained. Lego has a larger fandom built in already, so most of my UA-cam channel is geared toward that. The benefit of a niche, and with social media built around it, is you attract people who want to buy your stuff and they start to trust you with what they love.
Niching down pro’s, easier to list,store,ship,repeat customers,multiple sales,you become an expert in that item. Cons, can be hard to find enough items if you’re sourcing opportunities are limited, you will also miss home run items from other niches, you will walk on by easy money. My advice, don’t totally niche down, but feel free to go deep in a few categories.
I sell everything, cause i enjoy variety…I cant just doe shoes or cloths, but wouldn’t mind selling those if i find the right one, but i sell toys, movies, games, music, mugs ect.
The reason I do not niche down is I find too many items with high return outside of my niche. I do not have a large enough source for my preferred niche. I'll buy in any category as long as it's relatively easy to ship and has acceptable margin.
I am niching down to mens clothing, mostly shirts right now. It's not because I like mens clothing but because it is in abundance, doesn't take up much space to store, and is easy to ship.
Great Video as Always Kevin and great to see Reagan and Turner “Just love his jokes”! Hi BRM And Hugs to All and prayers to the “Entire Families”! God Bless and Stay Safe
I definitely am not niching down but am going to do my best to increase my average sales price to a $20-25 minimum (unless it’s a bulk buy easy to ship item) and I want to expand into a couple of other selling platforms. I would like to double my sales this year as well. Well gtg list. Have a great day Kevin.
Yep there is life outside ebay! many platforms you can easly make at the minimum 20% of what you might make on eBay if not more!
I was wanting to know if you are going to sell the Snorlax on your shelf. I want to get it for my wife.
Please pardon my ‘tism but niche (neeeeeesh) 😭 my brain was short circuiting with how many times it’s being said nitch lol
Good content!
Thank you for this insight on niching down.
Please address … is it worth selling something for $20 or $25?
You sold Skellator for under $25. Is it worth your time?
I imagine people are hurting for money more now, one because inflation is so high the past few years and two because people want to work less and less and nobody wants to work difficult jobs that do pay decent.
I don’t sell, but I love watching you and I like what you’re doing. Keep doing it the way you are.
I used to make dammit dolls- maybe I should start again. You seem to always be pulling some for shipping. I was unfamiliar with a few of the other platforms you mentioned, could you list those somewhere? I am also an everything seller, love to figure out what things are and only buy if I can make it worth my time. Appreciate your input! Curious where you sell the partial Chanel perfume? Thought eBay said it has to be either full or empty for the bottle.
I could niche down on used auto parts but I enjoy the hunt amd more $
I've niched down to Barbie's(when I can get them!) and because I was a bit bored of always selling the same thing, I've added victorian ephemera more recently, because diversifying is always good. I will also start looking at other things (small, non-breakables) I can find to spice things up. I found it makes things more interesting to me. So, all in all I guess I'm trying to be a hybrid seller.
1000% make diversification the center of your business it will never lead you astray! i have made diversification the center of my business when i went full time in 98' and i have not looked back since
I’m exclusively a jewelry seller. I’m an expert, so it’s easy to price and list. I also love how I can fit 500 listings in one small rolling cabinet.
Kevin, those dammit dolls turned out to be the gift that keeps on giving! It’s been fun to watch the pile dwindle!
Hi Kevin! After years of selling postcards only, I am going to return to selling anything and everything. Postcards alone are not making me the money they did, three-four years ago. I was an everything seller in the 1990’s. My current eBay store is my third.
I enjoy watching your videos and I can’t wait to see you, next… time! 😆
I am just getting started in reseller business but I'm a self-employed hair stylist and have been for 29 years. This slow market happens every 4 years. When I was starting out years ago the older stylists made me aware of this, election years are slow, until after the election and it's true. I keep crazy records to go back and look and spot on, it's true. I don't think people even realize they are doing it but they do. It sometimes will pick up after tax returns. People all of a sudden know they have a little extra and they have been tightened up for a couple of months so they treat themselves and this triggers things sometimes to go back to somewhat normal but most years it doesn't. So hold out until March and see what happens other wise November will pick up and not just because 4th quarter. Also these markets are being a bit flooded with new sellers who are sick of the 9-5, not realizing small business owning is 24/7. They will die off for lack of a better term. Thank you for the great insight though, I'm learning a lot before I jump.
You and your friends are keeping me sane right now. Thank you Kevin ❤
I only started part-time reselling properly in Aug last year around full time work elsewhere. I had a brief stint as an everything seller but quickly learned I did not enjoy that. Within a couple of months, I moved into books as that's something I enjoy collecting and being surrounded by personally. Towards the end of last year, I focused more on vintage and antiquarian and that feels like the right shift for me. I'm working on developing those consistent streams of stock but getting there, in addition to putting reliable systems in around my day job.
I'm with you on that one I'll never niche completely down to one category. I enjoy buying the stuff that I get and if I have the space I would probably keep it at all. Just selling clothes or any one category would be boring.
I just watched the Varnell: Josh & Hayley show. I can't understand why you don't have such a large following as they do. You do a great job, include your family and even "Bubba" and a cameo of Bubbas girlfriend occasionally. It must be people at youtube not pushing you.
Resell shops adjusting prices higher & postal rate increases you just have to be more selective on purchases. I make my money from bulk purchases or free merchandise from family, friends & local community from word of mouth.
Definitely passing on anything that will turn into a project. I have too many now that I ignore. Thanks for your great video, Randy.
I really enjoy older 80's toys and have done quite well selling parts and pieces from various toy lines.
same here since 98'
Can we all please take a moment to THANK YOU!!!!! for being clear when the title of the video will be talked about. I find it very hard to watch shed flips and adhdave when it feels like they never get to the topic. I'm not saying their content is bad but it's just not for me personally. THANK YOU!!!!
I'm an everything seller. I call it a variety store. I have enjoyed building it the last year and a half and filling all the different categories. Makes for fun browsing.
I got into reseller, because a lot of time when it came to me moving, either on the other side of time or out of state/country, I would list items that I didn't really want to move that was still in like new condition. Then my family, friends, neighbors would give me their items that they didn't want to pack and move. I like the feeling when I found that buyer that was looking every where for that item and now they found it. I later would go out and shop for items that people were looking for, and purchase it for them. So now, I research to see what people are looking for and list. If I match the item with the person is satisfying.If it sits and sits until that person, it doesn't really bother me.
I'm always shocked how much Ebay steals from it's sellers, decades ago the list pricing made sense now it's just highway robbery. Not only that Ebay has easily the lowest selling prices, high fees low prices to eat every ounce of profit, it really is pointless as a seller. For buyers it's fantastic. Or for UA-camrs with a following.
28:21 Great one today Turner!! 😂
If you sell everything, take a look at your year end report and it will tell you what category was your most sales. Mine was books and CDs and I sell everything but I love selling books and CDs and it showed.
So question, you sold a Disney pin....Do you have any others? I've looked several times and don't see any in Ebay. Thanks! 💖
I would love to niche down to only vintage & antique books but the sale through rate is not the best. For what type of books I like selling.
Its no fun selling one thing i get a thrill out of selling somehing i never sold before specialy them hard sells iv traveld towns buisnesses u name it sell stuff was a pair of backhoe teeth took like 3 towns n 10 stops over few weeks sweet victory when it sold
Hi Kevin ... i'm a treasure hunter too .... but I do have certain things that I know best and sell best .. but clothing including shoes is something that i'm not knowledgeable about and not something i'm that interested in. Media (movies and music) and toy and books are things that I enjoy selling best.
I was using promoted listings on Ebay up until the end of last year of up to 10%, As of January 1st I dropped promoted listings and am doing it with just regular listings and deleting and reselling similar, So far my sales in the first half of January are doing really well ... and I could end up having my top sales month ever if it keeps going the way is now. The first couple days were really slow though then my sales started being incredibly consistent. I'm starting to think promotes sales are better for people that need a boost in their sales for while ..... but after a while aren't really needed.
My little shop focuses on vintage books. The reason is that I do not have the space to sell larger items and sending items through Media Mail makes it easy. This year I'm adding vintage postcards and other ephemera. I've had some good luck selling these ($$$) but it is only part time. I'm hoping to expand to full time in the future. We will see.
I started selling Breweriana (vintage), I love it and I know the category very well, but thanks to you and a couple other UA-cam Sellers (not ADHD Dave), I have started to become more of an "everything" seller, I will continue to become more of an everything seller, the more items in my active listings the better I say!$
I've niched down to Tupperware, ashtrays and game board pieces. I'm ready for a successful 2024!! 😅😅
😂
My plan is just better sourcing, pass on those lower items and maximize my little space
I finally decided to sell my guitar collection. I have 60 guitars to sell so been thinking about just posting them but I have a room fulll of merch I need to get rid of. Therefore, I am going to be an everything seller till the day I stop reselling and Go eBay!!
925 thrift
#watchusgrow pickers...how do you ship glasses, in this cold weather?
Drinking glasses? Fill the inside with packing paper to reduce vibrations. Then wrap twice in small size bubble wrap and one in large size bubble wrap. Then “float” the item in the box with either more packing paper, packing peanuts, styrofoam scraps, or my favorite fast food drink carriers or paper egg cartons. We sell eggs so I buy egg cartons in bulk. They make very good breakable cushioning.
Niching down makes sense if you have physical restrictions too - mobility, weight restrictions, and other disabilities. Only sell what you can easily physically handle and get your hands on. As someone else mentioned, it's also useful in that you have to do a LOT less research. Some antiques specialists say that while you resellers are searching on your phones, we're buying what you were looking at or walking away to buy something else. We already know what it is.
I’m a niche seller I primarily sell only in three categories. My plan is to build an operation where I have a sure stream of goods coming in to allow me to hire staff and expand into a multi million dollar business. You can’t do that as an everything seller unless maybe you own your own local thrift store chain. With that being said my drive is the success factor in building a large corporation. Everything sellers drive is in the hunt and finding the product. You just have to be ok with only making so much. Btw I’m listing items at the moment while watching this video
5:14 it be nice to show how you package that vcr does not look like enough cushion rule of thumb there should be minimum of 4 inches on all sides between the item and the box i have always used that rule for electronics like vcrs dvd players stereo receivers i always box inside a box we all know how Postal workers can and do mishandle packages also if it cant survive a 10 foot drop off a conveyer belt it shouldn't be shipped i learned 2 decades ago do it right the first time we really need to stop babying buyers we all need to start charging actually shipping I.E. calculated shipping they need to understand shipping is not cheap if packaged properly. this is why when someone brings in a 24x24x12 box and its 20 pounds and sending from the east coast to the west cost they are sticker shocked because the postal worker tells them its over $100 to ship it all falls on us the resellers who give buyers a false impression that shipping is CHEAP or FREE
I think Jride has a good view on this subject. Sell the sell-through rate. If it's high, sell it. But I have long tail stuff that just finds it's way into my store. LOL
Bro ur doing it wrong after seeing everything youv built clearly on camera obviously wrong Lol jk hopeing to get my vcr out of storage wonder if tapes sell. drop shiping is just buying stuff for people at home ? Or
I have a question for resellers. I got a sale on an auction my problem is i never do auctions. It's my pictures but everything else is wrong. My buy it now is still up in my store. How do i fix this. I can't find a way to contact Ebay on this subject. I don't understand how this happened.
I am rather niched down. I only sell Kenwood VHF walkie talkies. I often have to replace parts so I don’t want to keep parts for other brands.
I'm not a huge advocate for niching down, UNLESS you can source your niche. I would love to do vintage toys, but they're not easy to get in my area, so I mostly specialize in older/vintage books. I think you need multiple niches, and keep learning new ones. You hit every point that I was thinking about. I think maybe the term should be "niche up." START in your niche, and then learn other stuff.
My niche is ephemera - yes the thing you don't care for is my jam. I *love* digging through boxes of paper. I've been doing it for a long time so yes I know what most of it is worth and how to sell it - by piece or batch or for crafts or whatever. The fun for me is when I see something I don't recognize and have to do research - my own little treasure. The advantages of this niche are: easy to store, light to ship, easy to photograph, same type of shipping materials for all items and for me, very easy to source in any quantity I want. I could not be an everything seller, I've tried. I hate the variety of sizes of items to ship. I really dislike trying to figure out what is worth my time to list and what is not. I really despise clothes and shoes because of sizing. Etc. I do think being an everything seller works for a lot of people and the variety keeps them going. Some folks would be bored to death spending a week listing the slips of paper in one of my boxes. But I love it. Thanks for the great content.
Mostly sell items that have min $20-50 profit.
Of course mistakes are made at times and we make less- Best items imo for good profit and are fun for me- Cameras,watches,vtg jackets(racing ones etc.) And certain vtg hats. (When we can find them) peace
I use those same Walmart boxes
I primarily sell the same things but if I see something I can sell, I will pick it up. If u niche down and just ignore everything else, I feel u will miss so many opportunities. If u become a huge reseller with 10s of thousands of items and its primarily lets say clothing, I get it to niche. But if you have 100s or a a couple thousand items for sale, i feel that u can sell everything and anything
That Bandai toy plane is from Rock Lords, a type of GoBot.
I have multiple people in working on my store. I source and list hard goods, while my Mom sources and lists clothing.
I have two stores. One for strictly tools. I find that you will retain more repeat buyer / followers compared to my other store, where I sell in many different categories.
The tools are my bread and butter compared to the other. Mainly just for funzies with the wife.
😢love your Tshirt 👕
❤❤❤
Speaking about being niched down, sometimes I buy some things because I know I can make money on them. But then after the fact I'm like "How on earth is the Dartoylord going to sell a sewing machine??" Right in the deathpile it goes. If you need a sewing machine just let me know🤣🤣
its the economy. it has been turn to crap this last 3 years.
I sell mostly collectible plush, toys and games from the 80's on up and do really well in 3rd & 4th quarters. I sell things outside of my niche when I find items at a really good bargain and I like to learn and grow as a reseller so I'll occasionally sell clothes, shoes and household knick knacks.
The economy is good in the broad statistics we consider such as the growth of the stock market under Biden etc. The issue is that 50% of Americans don't have $500 but that is how it has been for the majority of America's history. Poor people don't have stocks so the stock market increases don't affect them.
Hello Kevin 😊
Thanks kevin
I list on eBay and Mercari and the last week I’ve sold twice as many things on Mercari than eBay
Never never never make money on shipping. Shipping is way too expensive already
If you don't make any money on shipping, unless you increase the item cost, you're losing money in packing/shipping materials. That stuff isn't free. Also, returns are a consideration. If you're Top Rated Plus, you can give the buyer a good price on shipping that is below the standard rate because eBay gives you a nice discount, while still covering all of this pretty easily.
I'd rather have shipping at one flat cost to cover my margins so that I can negotiate item price fully without having to worry about it hurting me. I never lose money on shipping.
I think there are real advantages to being niche, such as knowing what you are looking for and its value. BUT, I would be so bored.
I think I will just keep asking this until someone responds. What is the selling platform you keep mentioning? Is it dibdib or dibbedit or dbdip? I have tried everything and none of these come up. I would like to try this selling platform out lol. Thanks
I could be wrong but I've seen di-bid mentioned in comments on other videos before. Sorry if this doesn't end up being what u need. I think there's also a hi-bid maybe?
Dibdit
@@brianroe88 ty but tried that on Google and nothing comes up
@deag4728 ty but nothing comes up when trying that
@@jeterman29ny
I was checking this the other day, and didn’t make sense to me either.
I found it…but it still doesn’t make much sense.
“DIBDIT” is not the main page.
DIBDIT is just one marketplace on the “DISTRICT” page.
District:
“Welcome to the official Mystic Rips marketplace! Where you can find the best prices and highest quality on English, Japanese, and Korean Pokémon TCG product”
For some reason Kevin, Craigslist Hunter, and some others have a marketplace within District.
I think Kevin’s personal marketplace is called “DIBDIT”.
Always happy to see content such as this that helps people out instead of just clickbaited. My “2 cents of rational” = Be nice to evrryone, karma exists and people enjoy giving a better deal or calling you back if you were friendly. Network and talk , sometimes I knowingly talk louder at garage sales so strangers can hear that I buy certain items, they will talk w me at my car… niche areas exist, Nasa is crazy for buyers ( Houston here) , and I can see sourcing from Disney park areas, Chicago for the Bulls/Jordan, and any specific sports team city etc. Always entertain offers and send offers to watchers… a few dollars could influence the sale vs another seller who is not proactive w rotating stock. Have a fun and safe 2024 yall ! Travis @ Bartermania ✌️☘️