Since I’ve been listing 10 per day I have a 2.2 per cent sell through rate. I’m up to 280 listings and I have had at least 1 sale per day since starting this. Tomorrow I have 13 packages going out so far. Your system works great for me.
I'm up to 397 right now and still selling one to 2 per day. I'm listing a big variety of stuff though because I haven't sourced since I started this. My inventory is a couple of years old and I had a LOT of plush. I really don't expect my numbers to increase much until I start sourcing better clothes. I don't want to buy anything until I clear up all the stuff around the house I need to sell.@@southeastmissourihypnosisf8418
@@southeastmissourihypnosisf8418 No, I don’t feel like I’m doing much yet but, like I said, My inventory is old and I sell a lot of plush for around $10 so that’s not doing much since they now do final value fees on shipping. I see a lot of sellers do free shipping and sell their plush for about the same as me. I don’t know why they would do that. I also get a few $50 to $110 sales thrown in there that makes a difference. Several $40 something sales and a few $35. If it was all under $20 I wouldn’t do it. I’ve had 2 days selling over $250 recently. Those help kick up the average. I haven’t been to the bins since this covid thing started. I’m planning on starting that up again next week. I get better stuff cheaper.
I have 160 items and did $800 in sales in the last 31 days averaged about half or more in profit so I’m similar to you! But it was all relatively good stuff that I sourced for reselling where as the the older things from around my house don’t move nearly as quickly :( that’s why I feel her numbers are good ! Especially if it’s stuff from around her house :).@@southeastmissourihypnosisf8418
@@southeastmissourihypnosisf8418wow instead of being super rude and obviously needing attention why don’t you give some tips. But I’m sure you won’t because it’s all BS
I don't do clothes, I've been a master certified dealer auto mechanic for forever and I started doing used parts. I cannot tell you in words how valuable this one single video has been for me so far and I'm not even done watching it yet. The science behind how ebay gives your store visibility. Your mindset. Your processes. The value is unreal. I feel like I should be paying for this.
Im growing my eBay store very slow. Because of lack of time with 60-70 hour work week. But I'm taking my time to grow my business and see first hand what sells and what doesn't . I know every day, season , year it changes but im a person that needs to physically see and touch ( hands on) approach when it comes to doing my business. So slowly growing I will learn all the in and outs of reselling. Also learning from you has helped so much. Right now im at about a 3.5 percent sell through in my store. Selling about 3-4 items daily on average. I will very slowly grow it without putting to much on my plate because of my busy schedule. You also taught me its ok to have a low inventory as long as I am able to reproduce the same result everyday forever I will grow. your SYSTEM works very well. THANK YOU CHRIS
I have been a fairly religious follower of you for a while now. Not so active in responding, but active in implementing. I use this process for amazon. FOCUS what you want to do/sell and do it. Don’t cross list, do Instacart, sell platelets, and work part time. Pick something! I also work full time. Start with the end goal and work backwards. “I wanna make 100,000 dollars” ok. How many items do you have to list and at what price and how many have to sell each month and at what margin. Thanks Chris. You tha GOAT
Quite honestly sales across all platforms have slowed quite a bit due to current world situations (aka war...). Don't panic if you're not selling as much as you typically do! Also not all sellers have the availability of "quality" items to source!! Time and money is not my problem - I simply do not have access to enough quality inventory!
OMG! I have been trying to fill everything in. So many N/A's . Thank you for that information, Chris! I am so glad I found this group, you have saved me months of struggle.
I do 13 a day on Depop and e bay 2000 items posted on my e bay. Sell an average of 7.8 a day. Need to work harder to get to 10 minimum a day. These videos are all very helpful
whew, I cannot thank you enough. You took the words right out of my mouth and head . Funny how we sometimes, you can know something but we need to hear it from outside. Also you have such a unique way of talking. You are the first person i feel that has been able to show anything remotely close to executing clear results and explanations. thank you for your time. they say those that can do and those that cant teach but that is so untrue because some people can know things and yet be unable to explain how they know or to teach others not just what is known but how to utilize what is learned . if that makes sense lol
The ruler issue (I have that one myself!) - stick on magnets that you glue to the magnet and stick it to the beams around your photo area there. Either dangling down so you can grab it fast, or stuck to the side, and out of the way, but a little more tricky to grab fast and go.
I was looking for some simple beginner tips, and through massive stroke of luck found you. I know I can do this to supplement my retirement income. 100 days of 5 good listings/day is first goal. Many thanks!
I just started 1 1/2 month ago and I’ve made $500 so far. It’s not awesome but I’m still physically limited and, for me, I’m doing more than I’ve been able todo in 10 years dealing with a serious back injury. Anyways, I want to open up space in my house and be able to list 20 a day. Once I make a regular income I hope I can invest more in higher end items and to buy some items in bulk, as well. I can see how your listings can get out of hand quickly and you lose times. Luckily I did put my items in thr same category box so it’s relatively ready to find! Lol I’m still working on doing better and cheaper shipping. I’ve made a few mistakes just starting out with shipping. Thankfully everyone but one person didn’t get too upset! I do want to get to the point where I sell 10 a day tho! You really have great information and a great channel! I’m happy I ran across you today.
Selling 10 a day is NOT the problem, selling 10 a day with good profit is the thing. It is not about how many you sell, it's about how much money you make. I do sell 18 a week with the profit reaching $4000 a month. I want to double that and that is a real challenge. I only spent about 10 hrs a week as I do have other activities.
Debating on starting a small eBay store to sell toy and video game collectibles I’ve amassed over the years. I’m super nervous and don’t know where to start. I found this helpful and motivating although I still haven’t found the balls to start something. I need something to push me but fear of failing and losing thousands keeps me from doing anything about it.
Once you start putting the items up and seeing people bid/buying will start you off. Don't be too hard on yourself take it at your own pace at first until you get the hang of it. You can't fail maybe you just don't get sales nothing to lose.Good luck.
Something that helped me was someone saying this: "you don't need to be great to start, but you need to start to be great"... just baby steps, try something new. I thought about doing ebay for years and finally started and sold something within one week. It's just a start and I only have 5 items listed so far, but selling that one item felt like such a success after years of only dreaming about it and being too nervous to start. You can do it!!
This guy is a gold mine of advice. The people at ebay only want to help you because they understand when they have more legitimately good sellers on their platform, they can advertise this person heavily and reward more cashflow and sales so they get a bigger market share of online platforms. They basically want to help you help them which is basic for good business.
So much commonsense here, my head is spinning. Everytime I watch a DR video I get energized - list faster, procure better items and screw up less. Also you have a great sense of humour and make this fun to watch.
Cufflinks: Just a quick suggestion that cuts out the necessity of saying "cufflinks not included" in your listing is to get a couple of pair of "silk knot" cufflinks because they are very small, made of a cord with a decorative knot on each end for attaching (etc.) and you can get them in all colors in case you have a colored/patterned shirt and "blue" or "black" won't work.
| The description of Noah's house manager is GREAT ! I'm ALWAYS distracted. Today, I start my new house manager job, it's one day a week and I'll have the focus to work the other six days a week. I LOVE it ! THANK YOU !
172 listing currently, I’m doing an average of 3 a day but not buying inventory and scaling quickly but I’m at 4.00 profit with all of the inventory so it has been working!❤
One thing I HATE about selling on eBay is shipping out item sold. A lot of the time the shipping cost eBay charged the customer don't match the amount charged by UPS. 80-90% of the time I'd ended up paid extra on shipping vs. eBay charged customer. Wondering if you can show us how you ship out your items. Thanks
That is my entire issue-my family! No one wants me working and therefore does not respect any boundaries or take me seriously. I came home from Mardi Gras for a few days and didn't tell anyone so I could work before I leave again Friday. When Mardi Gras is over I am getting a 2nd phone!
If you only have time to do like 35 listings and all on Saturday for example, just post 7 and save the others as drafts, then release 7 more every day to keep that consistency he talked about.
Subscribed just for the comment about driving the china and glass off the cliff. New seller here getting some great info. Thanks for doing these videos.
I agree with you Chris. However, with price, tankers etc cost have been driven down. With the economy and cost of goods and a recent raise in eBay fees it makes it tough for the average person to compete. I know sourcing your merchandise is important as well as cost of goods. But with inflation, gas prices etc it's very hard. I have researched extensively categories at an excruciating pace and people are selling most of their merchandise at a loss. It makes it tough when you know the right thing to do. However, you're competing against disillusioned people have no idea what they're doing. And they keep driving low cost to excruciating areas where they end up owing eBay money as opposed to profiting. In my opinion The emphasis on fast flips are costing people. Huge profit loss. Great video as usual my man!
There is still lots to be made. Don’t let this ebb get you down a flow is back on it’s way up! The ppl that are the ban wagon sellers will soon fall out of it.
I know this video is older but I just started a week ago and listed I think 22 items and sold 8 so I think it’s a matter of not just buying inventory but researching every item before you buy it so that you know it’s got a sell through rate of at bare minimum 50% but preferably 100%
Remember when buying items with a low sell rate that you might be able to bundle them for a near 100% sell rate. Like how no one will buy a single sports game, but some people will buy 10 of them bundled with 10 other non sports games. Honestly nothing wrong with buying some sports games for 1$-2$ depending on the system.
I get my inventory mostly from online auctions, probably 10% from thrift, also people give me their unwanted stuff when I tell them what I do, so happily, don't have to spend much time going shopping and I save on fuel costs.
I only started reselling on a (serious) level about 7 months ago, I never knew so many people do this for a living? realised Ive wasted so much time working a boring mundane job which I hated, loving reselling so much more!!
Chris before I joined the group your advice helped me! My sales would not be where they are now without this group! So now your stuck with me hope you don’t mind lol❤
Just found you. Very interesting. I've been Ebay top rated 19 years before that I had resell shops in Portland, Oregon, for 20 years, lol. I'm still semi clunky . But learn everyday. Thank you.
Returns on electronics: Yikes! You shouldn't have those at all. On vintage electronics especially by a company no longer in business, put the listing in the category for "Parts only - Not Working" or whatever it's called for that particular product. You are guaranteeing up front that it's not going to work, and you are selling it for parts. If it's something that could be dismantled (example: a multi-attachment vacuum cleaner from the 1960s), then list all those parts individually and "strip" the item down as if getting parts for your old Chevy at the junk yard. Somebody, somewhere needs that upholstery attachment for the old school cleaner, and you have it... for a price. the caveat is to make sure you're listing small parts that are very easy to pick up and ship, AND that take up a minimum of space in your inventory area because you might be sitting on it a while. Upside is that if you part out a $5 vacuum cleaner, you have a very small cost of goods per part! The second idea is to buy something that you can get fixed locally. I live in a town filled with people who buy vintage vinyl. Ergo, there's at least one shop in town (maybe two) that can fix old audio equipment. There's also an indie camera shop that does repairs and cleaning on SLR cameras. So, first get an estimate on the repair you need, if that is not too high, add the cost of the repair to the cost of goods for the item, and base your markup on that "repaired item" number. I once had an antique string instrument that had some value but when I bought it, it had lived some years in the guy's garage and needed a lot of help! I had the instrument restored to a "playable condition" but not perfect, and sold it based on that restoration + original cost of the instrument. By having the antique instrument in a nice, playable condition, it sold for about 4x what it would have if I'd just sold it as "garage found." But this alternative is really based on that (cost+repairs)=CoGS vs. the cost of sold comps.
Thanks for the video! I’ve been looking for a while now for ways to increase my income, given the current financial landscape. I already work full time in a salaried position. It is also an office-based role so I wanted to do something that would get me out more. I stumbled across reselling and, as an occasional eBay private seller, this felt achievable. I started Saturday but I already believe in the potential, if I’m consistent and learn from mistakes. I got a little carried away watching other established resellers talking about finding exciting big ticket items. Thanks to your honest but encouraging video, I’m reminded that my main goals over the next week are: to not lose money doing something stupid; to learn what does sell and roughly what they sell for, if I want them to move quickly; and to not feel blind-sided by fees and postage, because that is built into the cost. I say thanks for the reminder, because I did forget. I’ve now gone through and revised my initial listings to the bare minimum I’d accept. You’re so right, no one has time for messing around!
My process is SLIGHTLY different. I do the whole listing first, and than take the photos with my mobile app which auto upload into the listing. But I am using Android, works better that way for me. Also, only LISTING 10 a day takes an hour. Other stuff takes time as well, such as sourcing, shipping, cleaning, etc.... 1 hour a day is NOT REALISTIC. especially for new joiners. A lot easier when you have employees or assistants.
Hi Chris Iv just decided to copy your inventory system and the last question and answer is exactly what i was gonna ask. I’m looking forward to going through old listings getting my ebay store fit and healthy and moving forward with organised inventory
Thank you for this video. Just starting to ramp up for retirement income and been looking for these kinds of numbers/formulas. GREAT Content! Now following- Thanks!
China and Glass cleaning: Hmm. I do a huge portion of my sales in that "Glass and Pottery" or whatever it's called now category. The secret to speed is, if you have multiples of the same item, unless you are listing them ALL as a single lot, you only clean the one that you're photographing. Then shelve everything after listing. Clean them as a part of packing to ship, because what if it takes a year or so to sell them all? They get dirty again sitting on the shelf! (This is not including stuff that's dingy dirty with stuff you wouldn't want "contaminating" your storage bins, of course.) If you're selling everything as a single item, you have to clean them all. The single line of advice here: clean what you're going to photograph.
Thank you thank you thank you. This is the best information I have heard in two years. I will join your group. THANK YOU!!!!!! for your time We appreciate you as well!!!!💘 London
Also the thing about diversifying and loving being an everything store is fair enough for those who want that life but not for those who just want to make money and security.
I list a lot of jewelry but not many sales. I say Fashion Jewelry Necklace set, Brand Name, silvertone w/pink rhinestones 18" long. Am I listing this right? I am open to any suggestions. I have 400 items listed and only sold 6 items this month. I am open to any comments.
I work 10 to 12 hours a day on eBay and I don't sell that is why I am watching your videos. The one thing I will say when it comes to paying and taxes they need an accountant period. They can't afford to get a 1099 and not know what to do. I didn't go to college to be an accountant and a masters in business to advise people to get an accountant it doesn't cost that much they can simply hire someone to do their taxes for them. It is important.
I couldn’t do this business without List Perfectly. Listing is so boring I just hate listing and being miserable isn’t an option for any amount of money.
As a delivery driver I think I speak for most of us, please don't ask us that. If you have more, we are not hiding them. We want crap off our trucks. If i have more I will either bring you all of them or tell you hey i have more. And for the love of God please don't tell us you were expecting more and holding us up trying to get us to give you info we don't have. All we can do is deliver what is on the truck, we don't know why something got split in the shipping process
I've been on toprated dot com for some years now, the elite sellers need to have fast moving products to get those 10 sales a day. Product research is key to make it and you need a good source so you don't run out of your product.
People, get Bonanza accounts and everything is automatic with delisting and crosslisting from eBay, there is no extra work but uploading shipping and you get more google views. The few extra sales make it worth it since there is no extra work to do from your eBay.
I'm so glad to see you come up on my feed again. Unfortunately I haven't seen any of your videos for about a year and a 1/2 so I'm going to Binge watch. C-19 brought about a lot of changes. Congratulations on the new addition to the family!.
You can't call Ebay anylonger to have them help with feedback, they only tell you that it is automated now and you have to go to an Ebay page to dispute now. No more begging to get feedback removed, somebody try it, you will see that they refer you to this Ebay page now.
I hover around 200 items in my clothing store. I consistently have 4 to 5 sales a day. I only manage to post about 5 a day, but’s that all I can handle. Most of my items are $25 and up. I just opened a second store to sell my hot wheel collection. I can post 10 of those a day. Those range from $10 to $60. In my first week I did $500 in my second store. I do take a bit more time doing photography on my clothing store because I have some high end stuff. But I can photograph and list a diecast model in about 10 minutes.
CHRIS! I cannot watch your whatnot daily refinement anymore! Rule #4- do not spend any money! The deals are really great BUT I’m defeating my purpose. So I, Native tree, have decided to binge watch all of your videos! I will miss 1 & 2 , but I have to get ahold of myself!
Since I’ve been listing 10 per day I have a 2.2 per cent sell through rate. I’m up to 280 listings and I have had at least 1 sale per day since starting this. Tomorrow I have 13 packages going out so far. Your system works great for me.
I'm up to 397 right now and still selling one to 2 per day. I'm listing a big variety of stuff though because I haven't sourced since I started this. My inventory is a couple of years old and I had a LOT of plush. I really don't expect my numbers to increase much until I start sourcing better clothes. I don't want to buy anything until I clear up all the stuff around the house I need to sell.@@southeastmissourihypnosisf8418
@@southeastmissourihypnosisf8418 No, I don’t feel like I’m doing much yet but, like I said, My inventory is old and I sell a lot of plush for around $10 so that’s not doing much since they now do final value fees on shipping. I see a lot of sellers do free shipping and sell their plush for about the same as me. I don’t know why they would do that. I also get a few $50 to $110 sales thrown in there that makes a difference. Several $40 something sales and a few $35. If it was all under $20 I wouldn’t do it. I’ve had 2 days selling over $250 recently. Those help kick up the average. I haven’t been to the bins since this covid thing started. I’m planning on starting that up again next week. I get better stuff cheaper.
I have 160 items and did $800 in sales in the last 31 days averaged about half or more in profit so I’m similar to you! But it was all relatively good stuff that I sourced for reselling where as the the older things from around my house don’t move nearly as quickly :( that’s why I feel her numbers are good ! Especially if it’s stuff from around her house :).@@southeastmissourihypnosisf8418
Great tips. Could you please recomand an inventory platform you use or you know about? Do you also sell on a Amazon or just eBay?
@@southeastmissourihypnosisf8418wow instead of being super rude and obviously needing attention why don’t you give some tips. But I’m sure you won’t because it’s all BS
I don't do clothes, I've been a master certified dealer auto mechanic for forever and I started doing used parts. I cannot tell you in words how valuable this one single video has been for me so far and I'm not even done watching it yet. The science behind how ebay gives your store visibility. Your mindset. Your processes. The value is unreal. I feel like I should be paying for this.
May God bless you.
How its going 10 months later
I've posted 20 items and sold 5 in a week of opening up. I appreciate all your knowledge and hope 1 day I too can run an efficient shop like yours.
I love hearing that someone in your group is now only take an hour to do what it used to take them all day to do! Amazing
Im growing my eBay store very slow. Because of lack of time with 60-70 hour work week. But I'm taking my time to grow my business and see first hand what sells and what doesn't . I know every day, season , year it changes but im a person that needs to physically see and touch ( hands on) approach when it comes to doing my business. So slowly growing I will learn all the in and outs of reselling. Also learning from you has helped so much. Right now im at about a 3.5 percent sell through in my store. Selling about 3-4 items daily on average. I will very slowly grow it without putting to much on my plate because of my busy schedule. You also taught me its ok to have a low inventory as long as I am able to reproduce the same result everyday forever I will grow. your SYSTEM works very well. THANK YOU CHRIS
❤️❤️❤️
Yeah I list when everyone goes to bed it's so much easier
Amen!!😂😂😂
I have been a fairly religious follower of you for a while now. Not so active in responding, but active in implementing. I use this process for amazon. FOCUS what you want to do/sell and do it. Don’t cross list, do Instacart, sell platelets, and work part time. Pick something! I also work full time. Start with the end goal and work backwards. “I wanna make 100,000 dollars” ok. How many items do you have to list and at what price and how many have to sell each month and at what margin. Thanks Chris. You tha GOAT
Quite honestly sales across all platforms have slowed quite a bit due to current world situations (aka war...). Don't panic if you're not selling as much as you typically do! Also not all sellers have the availability of "quality" items to source!! Time and money is not my problem - I simply do not have access to enough quality inventory!
You can buy lots and pallets online.
@divinesignatures6225 Do you know which are the best online pallet sellers?
Went from 5 to 6 to 8 now doing 10 a night after work and family is all finished can't wait to see the results
OMG! I have been trying to fill everything in. So many N/A's . Thank you for that information, Chris! I am so glad I found this group, you have saved me months of struggle.
You’re very welcome!
I do 13 a day on Depop and e bay 2000 items posted on my e bay. Sell an average of 7.8 a day. Need to work harder to get to 10 minimum a day. These videos are all very helpful
whew, I cannot thank you enough. You took the words right out of my mouth and head . Funny how we sometimes, you can know something but we need to hear it from outside. Also you have such a unique way of talking. You are the first person i feel that has been able to show anything remotely close to executing clear results and explanations. thank you for your time. they say those that can do and those that cant teach but that is so untrue because some people can know things and yet be unable to explain how they know or to teach others not just what is known but how to utilize what is learned . if that makes sense lol
The ruler issue (I have that one myself!) - stick on magnets that you glue to the magnet and stick it to the beams around your photo area there. Either dangling down so you can grab it fast, or stuck to the side, and out of the way, but a little more tricky to grab fast and go.
I really get a lot of value from watching the Q & A’s and look forward to them, greatly.
Thanks Chris
Thank You!
I was looking for some simple beginner tips, and through massive stroke of luck found you. I know I can do this to supplement my retirement income. 100 days of 5 good listings/day is first goal. Many thanks!
I just started 1 1/2 month ago and I’ve made $500 so far. It’s not awesome but I’m still physically limited and, for me, I’m doing more than I’ve been able todo in 10 years dealing with a serious back injury. Anyways, I want to open up space in my house and be able to list 20 a day. Once I make a regular income I hope I can invest more in higher end items and to buy some items in bulk, as well. I can see how your listings can get out of hand quickly and you lose times. Luckily I did put my items in thr same category box so it’s relatively ready to find! Lol I’m still working on doing better and cheaper shipping. I’ve made a few mistakes just starting out with shipping. Thankfully everyone but one person didn’t get too upset! I do want to get to the point where I sell 10 a day tho! You really have great information and a great channel! I’m happy I ran across you today.
Being on disability do you have ebay in your own name or in a store name?
This is the first video of yours I've seen. I'm in love with your channel. I just restarted my reselling and you are my new role model!
Selling 10 a day is NOT the problem, selling 10 a day with good profit is the thing. It is not about how many you sell, it's about how much money you make. I do sell 18 a week with the profit reaching $4000 a month. I want to double that and that is a real challenge. I only spent about 10 hrs a week as I do have other activities.
My wife had to go to work 6 days of the week cause someone quit. So now I have to do my ebay and watch our baby. Its rough but I manage.
Debating on starting a small eBay store to sell toy and video game collectibles I’ve amassed over the years. I’m super nervous and don’t know where to start. I found this helpful and motivating although I still haven’t found the balls to start something. I need something to push me but fear of failing and losing thousands keeps me from doing anything about it.
How do you lose anything? Worst thing that can happen is nobody buys your stuff. But at least you still have the stuff!
Once you start putting the items up and seeing people bid/buying will start you off. Don't be too hard on yourself take it at your own pace at first until you get the hang of it. You can't fail maybe you just don't get sales nothing to lose.Good luck.
Something that helped me was someone saying this: "you don't need to be great to start, but you need to start to be great"... just baby steps, try something new. I thought about doing ebay for years and finally started and sold something within one week. It's just a start and I only have 5 items listed so far, but selling that one item felt like such a success after years of only dreaming about it and being too nervous to start. You can do it!!
I'm in that position right now
😢😢
This guy is a gold mine of advice. The people at ebay only want to help you because they understand when they have more legitimately good sellers on their platform, they can advertise this person heavily and reward more cashflow and sales so they get a bigger market share of online platforms. They basically want to help you help them which is basic for good business.
So much commonsense here, my head is spinning. Everytime I watch a DR video I get energized - list faster, procure better items and screw up less. Also you have a great sense of humour and make this fun to watch.
Cufflinks: Just a quick suggestion that cuts out the necessity of saying "cufflinks not included" in your listing is to get a couple of pair of "silk knot" cufflinks because they are very small, made of a cord with a decorative knot on each end for attaching (etc.) and you can get them in all colors in case you have a colored/patterned shirt and "blue" or "black" won't work.
| The description of Noah's house manager is GREAT ! I'm ALWAYS distracted. Today, I start my new house manager job, it's one day a week and I'll have the focus to work the other six days a week. I LOVE it ! THANK YOU !
Love the 18 wheeler container storage/office!
172 listing currently, I’m doing an average of 3 a day but not buying inventory and scaling quickly but I’m at 4.00 profit with all of the inventory so it has been working!❤
When I was purchasing a lot, I was really happy to see a box within a box. No doubt. ✌️
I am more of a visual learner and that white board will help many of us retain information :)
THIS IS WHAT IM LOOKING FOR!! WHY THIS KIND OF VIDEO IS HIDDEN AND THE LAST SEARCH.. IM THANKFULLY FOR THIS ONE😊
So much great info. I really appreciate your time and experience. I'm going to push for listing 10 a day.
You can do it!!
This Q & A format is so helpful and interesting, Thanks
"You can watch lotr trilogy every day as long as you put in a hour a day" earned a follow for that, now thats a mentor!
Wow!! Newby here 🙋🏽♀️ just subscribed. This was soo helpful. No wonder my store stopped. Thank you for all the info 👍
I just came across your channel and I’m so glad I did! You are very informative and have helped me in my eBay sales! Keep up the awesome work!
One thing I HATE about selling on eBay is shipping out item sold. A lot of the time the shipping cost eBay charged the customer don't match the amount charged by UPS. 80-90% of the time I'd ended up paid extra on shipping vs. eBay charged customer. Wondering if you can show us how you ship out your items. Thanks
do you print your own labels?
@@jorejaha is it cheaper that way, printing out labels? And how
If you upload your photos from your phone to start, you can do all the typing, etc. on your computer later.
Chris you are amazing. Master teacher and master businessman. Love your show.
That is my entire issue-my family! No one wants me working and therefore does not respect any boundaries or take me seriously. I came home from Mardi Gras for a few days and didn't tell anyone so I could work before I leave again Friday. When Mardi Gras is over I am getting a 2nd phone!
If you only have time to do like 35 listings and all on Saturday for example, just post 7 and save the others as drafts, then release 7 more every day to keep that consistency he talked about.
Subscribed just for the comment about driving the china and glass off the cliff. New seller here getting some great info. Thanks for doing these videos.
I agree with you Chris. However, with price, tankers etc cost have been driven down. With the economy and cost of goods and a recent raise in eBay fees it makes it tough for the average person to compete. I know sourcing your merchandise is important as well as cost of goods. But with inflation, gas prices etc it's very hard. I have researched extensively categories at an excruciating pace and people are selling most of their merchandise at a loss. It makes it tough when you know the right thing to do. However, you're competing against disillusioned people have no idea what they're doing. And they keep driving low cost to excruciating areas where they end up owing eBay money as opposed to profiting. In my opinion The emphasis on fast flips are costing people. Huge profit loss.
Great video as usual my man!
There is still lots to be made. Don’t let this ebb get you down a flow is back on it’s way up! The ppl that are the ban wagon sellers will soon fall out of it.
Agree with you on resellers driving prices down by selling low / under value.
some people sell at a loss to gain positive feedback or to get rid of slow selling stock
I know this video is older but I just started a week ago and listed I think 22 items and sold 8 so I think it’s a matter of not just buying inventory but researching every item before you buy it so that you know it’s got a sell through rate of at bare minimum 50% but preferably 100%
Remember when buying items with a low sell rate that you might be able to bundle them for a near 100% sell rate. Like how no one will buy a single sports game, but some people will buy 10 of them bundled with 10 other non sports games. Honestly nothing wrong with buying some sports games for 1$-2$ depending on the system.
I can't believe all that I am learning from your channel. Thank you!!
I get my inventory mostly from online auctions, probably 10% from thrift, also people give me their unwanted stuff when I tell them what I do, so happily, don't have to spend much time going shopping and I save on fuel costs.
Because the rich get richer.
While a lot of others struggle all the time. Period
I only started reselling on a (serious) level about 7 months ago, I never knew so many people do this for a living? realised Ive wasted so much time working a boring mundane job which I hated, loving reselling so much more!!
I pack 300+ items an hour for a big warehouse 10+ hours a day , i would LOVE to do the same for myself.
They fail to make 10 sales a day because they fail to make 10+ listings a day.
So glad I discovered you! Great advice 100% of your video. Love your approach. Thank you!
I invest $3k and make back $7500 in profit !
I have not even started a ebay store yet. Chris still has good things to reflect upon in my opinion. As far as business go's. Thanks
I want to like favorite this for need to watch, but not watch right now!
Chris before I joined the group your advice helped me! My sales would not be where they are now without this group! So now your stuck with me hope you don’t mind lol❤
Just found you. Very interesting. I've been Ebay top rated 19 years before that I had resell shops in Portland, Oregon, for 20 years, lol. I'm still semi clunky . But learn everyday. Thank you.
Returns on electronics: Yikes! You shouldn't have those at all. On vintage electronics especially by a company no longer in business, put the listing in the category for "Parts only - Not Working" or whatever it's called for that particular product. You are guaranteeing up front that it's not going to work, and you are selling it for parts. If it's something that could be dismantled (example: a multi-attachment vacuum cleaner from the 1960s), then list all those parts individually and "strip" the item down as if getting parts for your old Chevy at the junk yard. Somebody, somewhere needs that upholstery attachment for the old school cleaner, and you have it... for a price. the caveat is to make sure you're listing small parts that are very easy to pick up and ship, AND that take up a minimum of space in your inventory area because you might be sitting on it a while. Upside is that if you part out a $5 vacuum cleaner, you have a very small cost of goods per part!
The second idea is to buy something that you can get fixed locally. I live in a town filled with people who buy vintage vinyl. Ergo, there's at least one shop in town (maybe two) that can fix old audio equipment. There's also an indie camera shop that does repairs and cleaning on SLR cameras. So, first get an estimate on the repair you need, if that is not too high, add the cost of the repair to the cost of goods for the item, and base your markup on that "repaired item" number. I once had an antique string instrument that had some value but when I bought it, it had lived some years in the guy's garage and needed a lot of help! I had the instrument restored to a "playable condition" but not perfect, and sold it based on that restoration + original cost of the instrument. By having the antique instrument in a nice, playable condition, it sold for about 4x what it would have if I'd just sold it as "garage found." But this alternative is really based on that (cost+repairs)=CoGS vs. the cost of sold comps.
Thanks for the video! I’ve been looking for a while now for ways to increase my income, given the current financial landscape. I already work full time in a salaried position. It is also an office-based role so I wanted to do something that would get me out more.
I stumbled across reselling and, as an occasional eBay private seller, this felt achievable. I started Saturday but I already believe in the potential, if I’m consistent and learn from mistakes.
I got a little carried away watching other established resellers talking about finding exciting big ticket items. Thanks to your honest but encouraging video, I’m reminded that my main goals over the next week are: to not lose money doing something stupid; to learn what does sell and roughly what they sell for, if I want them to move quickly; and to not feel blind-sided by fees and postage, because that is built into the cost.
I say thanks for the reminder, because I did forget. I’ve now gone through and revised my initial listings to the bare minimum I’d accept. You’re so right, no one has time for messing around!
Chris, your videos have been invaluable! Thank you for taking the time to make them!
My process is SLIGHTLY different. I do the whole listing first, and than take the photos with my mobile app which auto upload into the listing. But I am using Android, works better that way for me.
Also, only LISTING 10 a day takes an hour. Other stuff takes time as well, such as sourcing, shipping, cleaning, etc.... 1 hour a day is NOT REALISTIC. especially for new joiners. A lot easier when you have employees or assistants.
This is totally incorrect. Not easier with employees whatsoever. 10 listings solo photos and listing is 15-20 minutes total
Hi Chris
Iv just decided to copy your inventory system and the last question and answer is exactly what i was gonna ask. I’m looking forward to going through old listings getting my ebay store fit and healthy and moving forward with organised inventory
Thank you for this video. Just starting to ramp up for retirement income and been looking for these kinds of numbers/formulas. GREAT Content! Now following- Thanks!
I noticed a rise in Wisconsin on everything except clothes. About 5% increase.
China and Glass cleaning: Hmm. I do a huge portion of my sales in that "Glass and Pottery" or whatever it's called now category. The secret to speed is, if you have multiples of the same item, unless you are listing them ALL as a single lot, you only clean the one that you're photographing. Then shelve everything after listing. Clean them as a part of packing to ship, because what if it takes a year or so to sell them all? They get dirty again sitting on the shelf! (This is not including stuff that's dingy dirty with stuff you wouldn't want "contaminating" your storage bins, of course.)
If you're selling everything as a single item, you have to clean them all. The single line of advice here: clean what you're going to photograph.
I clean it all and then picture it all, then I wrap a bit of bubble wrap around it and store it away on a rack, doesn’t get dirty again
I know it might get annoying sometimes but you do have a great gift for being in the trenches for so long but still speaking to the young soldiers
I’m building daily! I want to be making a living doing this. I appreciate these videos!
I saw this title and immediately got excited to be better than 99%.
Wow! Thank you so much for this video! And thank you to all the comments as well! 🤝👍
This is best video. So much relevant information. Thanks for sharing
This is teaching me a lot. I am subscribing so I can get all these videos.
Thank you, for all your videos. it has help me a lot in my new store.
how the heck do you list 10 items so quickly please show us how, it takes me about all day to do this photos research list etc show plz
Man this guy really knows his stuff. I'm just your average Joe trying to get to frank status.
Outstanding information. Thank you for your time and space.
This guy is a savage. Subscribed.
I love the way you’re so organised 👍🏾
Thank you thank you thank you. This is the best information I have heard in two years. I will join your group. THANK YOU!!!!!! for your time We appreciate you as well!!!!💘 London
Also the thing about diversifying and loving being an everything store is fair enough for those who want that life but not for those who just want to make money and security.
I list a lot of jewelry but not many sales. I say Fashion Jewelry Necklace set, Brand Name, silvertone w/pink rhinestones 18" long. Am I listing this right? I am open to any suggestions. I have 400 items listed and only sold 6 items this month. I am open to any comments.
These vids are excellent, keep them up please🙌🏻
Me watching after working twelve hours staying up to all hours adding listings is like a fever dream 😂
This was great info. Thank you for sharing !
I work 10 to 12 hours a day on eBay and I don't sell that is why I am watching your videos. The one thing I will say when it comes to paying and taxes they need an accountant period. They can't afford to get a 1099 and not know what to do. I didn't go to college to be an accountant and a masters in business to advise people to get an accountant it doesn't cost that much they can simply hire someone to do their taxes for them. It is important.
I couldn’t do this business without List Perfectly. Listing is so boring I just hate listing and being miserable isn’t an option for any amount of money.
i do it has a side job and sell one to two a week and thats fine with me
As a delivery driver I think I speak for most of us, please don't ask us that. If you have more, we are not hiding them. We want crap off our trucks. If i have more I will either bring you all of them or tell you hey i have more. And for the love of God please don't tell us you were expecting more and holding us up trying to get us to give you info we don't have. All we can do is deliver what is on the truck, we don't know why something got split in the shipping process
Just discovered your channel via this video and I watched the entire thing. So helpful!
Glad it was helpful!
Was told by ebay support last time templates glitched to use drafts as temp templates..
Thankkyou chris for your daily motivation
God bless
I like this guy, very unpretentious and decent.
Very good video
I've been on toprated dot com for some years now, the elite sellers need to have fast moving products to get those 10 sales a day. Product research is key to make it and you need a good source so you don't run out of your product.
Absolutely
People, get Bonanza accounts and everything is automatic with delisting and crosslisting from eBay, there is no extra work but uploading shipping and you get more google views. The few extra sales make it worth it since there is no extra work to do from your eBay.
I'm so glad to see you come up on my feed again. Unfortunately I haven't seen any of your videos for about a year and a 1/2 so I'm going to Binge watch. C-19 brought about a lot of changes. Congratulations on the new addition to the family!.
Great video! I wish you all that you deserve!
Seller Permit is Free in NJ. I obtained it online to buy bulk non taxed Wholesale
You can't call Ebay anylonger to have them help with feedback, they only tell you that it is automated now and you have to go to an Ebay page to dispute now. No more begging to get feedback removed, somebody try it, you will see that they refer you to this Ebay page now.
Thank you
I hover around 200 items in my clothing store. I consistently have 4 to 5 sales a day. I only manage to post about 5 a day, but’s that all I can handle. Most of my items are $25 and up.
I just opened a second store to sell my hot wheel collection. I can post 10 of those a day. Those range from $10 to $60. In my first week I did $500 in my second store.
I do take a bit more time doing photography on my clothing store because I have some high end stuff. But I can photograph and list a diecast model in about 10 minutes.
have you tried putting them in the same store?
Interesting. But not my thing. I find all these businesses too time consuming. I prefer to flip in bulk without touching anything.
CHRIS! I cannot watch your whatnot daily refinement anymore! Rule #4- do not spend any money! The deals are really great BUT I’m defeating my purpose. So I, Native tree, have decided to binge watch all of your videos! I will miss 1 & 2 , but I have to get ahold of myself!
glad i found your channel so much great tips .. and motivate me more to sell thanks