If I Started Selling on eBay in 2024, I'd Do This!
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- Опубліковано 27 лют 2023
- If I started Selling on eBay in 2024, I'd Do This!
#sidehustle #ebay #tips
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We crossed 15,000 subs today team! Thank you so much ❤
Congratulations Matt! 🎉🎉
Very much well deserved, keep up the great work 😊
Well done mate your channel is going to blow up!
Congrats Matt!
Well done Matt!
Woohoo, well done
Just watched this- Great video!I I’m a 58 year old woman, technologically challenged- watched your beginners video and successfully got my first item listed this afternoon🥳🥳 Thanks for the tips and encouragement Matt!
You got this!!
Really appreciate your insight on 1) Sticking to 5 listings a day for the algorithm.
2) Keeping up with the Amazons of the world w/ 1-day shipping.
Stay on your grind 💪 Subscribed
I appreciate you my friend!! Thanks for being a part of it!
I can't believe you just posted this. I was blankly staring at my eBay story after 3 listings and wondering what I should do. So timely!!!! I made a shop but wasn't sure if that was a good idea yet coz I'm new.. so thanks for this.
I must have known Merve! Thanks for watching! Hope it helps!
Loving the content. I’ve just started listing on eBay myself to give reselling a go. At 30 items and 3 sales so far. Probably wouldn’t be doing this if it wasn’t for your videos. Thanks for all the tips and advice
Keep your head down Luke!! Things will get even better! Congrats on your 3 sales, that's epic man!
You are such a natural and talented educator Matt!! I've been following your progress from the beginning, and as a teacher I totally admire your instructional skills!!
Thank you for being so generous with your knowledge 🙏🤩
Congrats on the 15K subs!
Definitely love the point about not setting too big of goals to start with. Like any business, it is a slow grind to start with, so don't get too disheartened in the early days!
Slow grind brother! Thanks so much for being a part of it!
Hey Matt. Great content, worthy of 15K+++++ members. Have been checking out your box lights for some time now and finally made the plunge and purchased a set. Thanks for the link. :)
Ring lights take up less space and store easier only suggestion I can add
They do! I'd say these box lights provide a brighter stronger light though! Each to their own per the set up of the listing station i'd say. Thanks as always for watching!
I can’t do 1 business day shipping. It just too much for me at the moment. I have my inventory in a storage unit and it’s not worth driving back and forth all the time. I’m usually good with my shipping (around a day or two). I’m part time but I sure do enjoy this!
I do 2 business days not because I can't do 1 business day or same day, but rather I've noticed my buyers in my category tend to add to their purchase later and ask for a postage refund on the second purchase so it can be combined. So I leave the door open for that :)
Hey I love the youtube community and how people show their passion and love to others such postive vibes
Hi aussie flipper I'm just starting my own listing this week , thanks for your motivation
❤Srilanka
That’s awesome! I appreciate you!
I’ve only ever been a casual seller on EBay and haven’t listed for a few years after a bad experience. I’m still super nervous over the whole postage like a lot of others but I’m keen to get restarted. I’m not sure if I should have an eBay store or not. Are you able perhaps to do a video on whether it’s better to have a store or not please? I’m sure there would be many interested in this too. I loved your step by step guide in this video, thanks.
You are a natural teacher Matt! Thank you for taking the time to lay it out with the roadmap as a visual!!!!!
Your work ethic and dedication is amazing! You are such a great teacher / educator too I can see why you love sales and use to do well because you are such a people person!
Agh thanks so much for the kind words! It’s comments like this that make me want to keep making videos! Thanks 😊
I have epilepsy. My major type of seizure is controlled by medication. I do have small seizures where I am not able to read, write, or speak for a few minutes. These can happen a few times a day and other days none. Because of this I cannot work outside of the home and there is not a lot I can do. I have been searching for ways to make money and eBay is one of the best things for me. I have made over $600 in 3 weeks so far selling things I have around my house. I am almost out of items so will start now thrifting (cold here so no yard sales until spring).
1. Goal Setting
2. The Setup (i.e. a spot at home you set up for your eBay items and activities - ideally a listing station, and a shipping station)
3. Find your first $10, or $500 (every seller has a default limit of 10 items in the first few months)
*[Additional note between steps 3 and 4 - be aware of the Danger zone, which is the danger zone of where people give up and say eBay doesn't work. Need to work yourself through this zone.]
4. Worry less about sales when you first start, and focus more on getting to 200 listings instead (potentially uploading 5 a day, or bulk upload 30 on a day on the weekend - depending on what suits you)
5. Rocket and rank - around the 3 to 6 month mark. There's a few tips you can implement to 'cash in' on all the listings you've made, by ensuring you're ranking, and you can close/convert on your listings. There's several tips mentioned in the video at around the 6:50 mark
6. Repeat daily - can take 18 months to become a full time seller. The higher your goals and expectations with eBay, the more consistent you have to be daily with your processes to get the algorithm on your side, and to ultimately sell and make money.
Summary - there's a nice flow chart at 10:30 of the video that shows all the steps
Couldn’t have said it better myself
Great video, theres lots to take away from the information you shared. A lot of past sellers, felt discouraged, going into 2023. Theres still hope, granted, its not as easy as used it to be.
thanks so much for watching!
Excellent insights and tips as always Matt. Congrats on the 15k!
Thanks so much 😃😃😃
Awesome your last video in particular the first 3 months limit of 10 listing/$500. I'm moving to Perth frrom NZ so I can start my ebay business. I've followed you along with other aussie ebay sellers and it's the first time I'd heard about the first 3 month limits. Doesn't put me off though but will have to make some adjustments to what I planned to sell once I arrived and set up. Cheers Shane (I do have family in Perth the reason why we're moving there and am retired)
Unreal Shane, i believe the 10 listing limit is for the first month and you can speak to eBay sooner then that to unlock more listings. Good luck with the move and thanks so much for watching, means alot!
If you can find some unique items (like I used to sell camera attachments for old cameras), etc... then I think you were more likely to get sales because people are waiting to buy those items and can't normally find them.
This is an interesting video i only listed one or two items and it took me half a year too sell 5 items but once you do it a bunch of times i feel like buyers beggen to notice or trust you more when they buy your first couple of items because one of my items sold in just one day
Thank you for all of this. I just got started with selling and was getting a bit discouraged. This is the boost I needed!
You’ve absolutely got this!
Started part time 6 months ago, keeping cost of goods as low as possible that way I don't have a lot of money that I could lose due to scams, and postage mistakes. Strategy is working for me, as my confidence and sourcing experience grows I will pull the trigger for higher priced goods seeking more per item profit. It's a learning experience.
It's a learning experience for sure Roy and I did the low cost purchasing for a while when I first started. I almost never do that now.. it's all based on quality and sell through (providing the profit is also there at the increase purchase price). Hard to pull that trigger as you say when you're just starting out but I can assure you you'll see bigger profits when you build up that confidence. Nice to hear from you - happy selling.
Great summary advice for new people starting Ebay Matt. Two and a half years in and your going great guns. I am still doing Ebay 13 years in and still enjoy it even though its a lot harder these days (selling new replenishables).I am also on the Coast and said a brief hello at the Brisbane All Ears.
I enjoy your videos.:-) keep up the great work!
Regards Angela P.
Awesome to hear from you Angela, hope you've been well! We have a reseller meet up event happening Friday, March 31 with Mel (Back from Burnout) if you're able to attend :)
@@TheAussieFlipper yes know Mel :-) we are trying to make it happen. Great idea, will try my best.
Grabbed me some of these box lights finally. Giving them a go today when listing.
Incredible!
Thanks so much I think I am in my dead zone atm and you have given me back the confidence to just keep listing 😊
You got this
Great video mate . New eBay reseller here mate. The thing is that I don’t have much money so to get 200 listings - I need 200 products , which obviously takes money .
Secondly space - 200 items are alot . I mean I’ll have to have space to keep that item
Is there a slower way for me to gradually build my listing ? Or could I list say 10 items wait for them to sell and then list another 10 ?
Will that work ? Or do I need to keep sourcing and listing ?
Love a good flowchart :D
Thanks for this, very useful ⭐️⭐️⭐️⭐️⭐️
Thanks so much for posting this Matt. I think I've got some nice items, a spare room, even a trestle table, but I'm really stuck with confidence actually creating the eBay store. Are my items good enough? What happens if literally nothing happens? Your video has really helped 👍
You got this Glyn! Dive right in and close your eyes to the sales for the next 3 months
@@TheAussieFlipper Thanks Matt - you're a gem 👍
Hey Glen lyk Matty said just dive right in as i was the same as yourself had bought plenty off ebay but didnt have the confidence until meeting up with Matty and following these simple steps so lyk Paul Walker Said " Youv'e got this " 🤣👍
Cheers master splinter! Great vid im a part time seller so havent been listing everyday just big amounts at one time ill try your advice on doing the daily drops. Cheers bud
That should have a big impact! Let me
know how it goes
thank you for laying this out! this is so helpful and motivational
subscribed!
Appreciate you Patrick thanks for watching and good luck with the sales!
Congrats on the 15k! 20 next
Thanks mate!
Amazing tips mate. Giving it a good crack up here in North Brissy. All your info has really helped motivate me to try this so I appreciate a bunch!
Love your work mate! Keep charging
@@TheAussieFlipper charging like a bull in the china section of lifeline
Another awesome video so helpful. Thanks so much !!! ❤
Thanks for watching!
Hey Matt do you stick to a set percentage or use a formula for your offers to buyers similar to your set 3% for promoted or do you vary it?
lock it in for 3% across the board!
Outstanding tips and pointers!!! Thank You!! 🤗♥️🙏🏼
Thanks for watching
Hi, great content I absolutely love it . I do wholesale with a low profit margin product. I was curious what is the most effective way of shipping it to the customer. Also, what is the cheapest way to get tracking number as well. Hoping to hear back from you. Thank you in advance!
Congratulations on 15K subscribers
Thanks so much!
I have an Ebay account. Use to be a top seller without a store.
Now I sell a few things and old stuff. I use old packaging I get from stuff I buy day to day.
My day job now pays 6 figures so less need to hustle.
Thanks so much for watching!
Out of those $100,000 what’s your take home after cost of goods, cost of doing business, fees?
40%
Congratulations. You're doing a good job
Preciate you Linda!
Great information 😊
Hi I enjoy watching your videos
I want to purchase a postage labeler
What do you recommend for easy use?
I always ship fast good advice!
Thanks so much for watching as always Gemma!!
You’re a legend mate give the best straight forward advice out there.
I have a quick question what is the limit you can sell/earn on eBay before it’s classed as a business & you have to pay tax on it.
Thanks mate! The second you buy a good to sell it for profit your classed as a business and need to pay your taxes. I’d play it by the book and report your profits come tax time
Thanks Matty great informative vid and thanks for all the help since meeting Jax and yourself at my private pick 6 months ago and havn't looked back.. but its always only going to b side hustle for me not full tym as work 6 days a week but still managing to average $500 a month in sales just following those simple steps.. 👍... 🤬 AND BY THE WAY WENT AND GOT MY OWN F%%%*N 🍪 🤣🤣🤣 ..
Hahahah I’ll bring you a box next time we catch up mate! Congrats on your sales! That’s truely inspiring with the 9-5! Keep doing what you’re doing my friend!
Good stuff. Thanks for this video. It will really help me. I appreciate it.
Thanks so much for watching
Thanks for your tips bro I'm new an like how you are teaching me how,when an why bro awesome thankyou oh yes I have subscribed bro
Question.. you went to ebay/youtube seminar thingy and said that "listings" had no bearing on ebay algorithms? This is correct? Incorrect? Or do you think differently now? Curious :)
My personal experience is daily listings matter. In a perfect world I would have enough scheduled to not have to list everyday.
@@TheAussieFlipper true that it is a personal experience. We scaled up a bit too quick and had to decide if we put effort into toys or the baby clothes and realise we could leave the baby clothes store alone without any new listings for months and it would still sell through regularly but with toys, once we slow on listing, we slow on sales too. Now to find more categories like baby clothes :P
After 4 months, learnt quality over quantity lesson 😉
Crucial!
Does the selling limit apply only if you have an ebay store or also if you don't? My plan was to sell enough items first so I can pay for the cost of an ebay store. Would you recommend to have a store from the get-go?
If you’re serious about eBay I’d get a store right away
@@TheAussieFlipper I'm finding sourcing my biggest barrier to starting. Haven't spotted anything in the op shops I can flip for a profit yet. Visited 7... 4 of them twice. Looking at movies, books and some toys and clothes. Maybe I'm going to the wrong shops. I'm centrally located and find myself ploughing through traffic to get to a few stores that are picked over and overpriced. (single DVDs $3, Books $4+... I have seen some $1 DVDs but nothing good) Maybe suburban fringe is the place to go?
@@TheAussieFlipper I think they changed it. As I just created an account and it says I can list 250 or up to $35000. I don’t have a store either
Top Tips!
Thanks for watching brother
Could you please do a video on:
*how you prepare to do your tax throughout the year
* how much you spend on stock, petrol and other costs throughout the year generally (% wise compared to eg revenue) and
*what % of revenue actually becomes profit, after tax?
I'd be curious to know what to expect, as it seems like after Ebay fees, stock costs, overheads, petrol and tax, only a small % would be left as profit.
Business 101 revenue is not profit
@@TheAussieFlipper exactly
Hi Matt, you said as soon as you see someone watching your item to send them an offer. How do you do that?
via "send offer"..technically you cannot do anything until eBay says you can send watchers an offer on a specific item…however when doing so you can decide in send the same offer to future watchers. These folks will get the same offer automatically. Like most things, this is a great strategy for items which have been sitting. If it's on a hot item, it's shooting yourself in the foot. Hot items will sell at full price eventually if said price is competitive. No reason to be giving away money.
eBay over does everything, so always be wary of these sorts of "tricks".
Free Shipping is another...why give away shipping when there is not the data to support this matters? Serious, do any sort of sales comp using solds and I doubt you find any difference in STR rates for those offering free shipping. Reason is there is no FREE. The cost simply transfers to the asking price and evens the entire FS null. Offering FS only increases your returns. You want the buyer to have skin in the delivery end of the sale, always.
@@johndough23 Thank you for your info and advice, I appreciate it.👍
What John said!
Great video. Thanks!
Thnks so much for watching!
How to know what will sell and what prices they sell for, it's hard to just pick random crap?
I have been listing every day for over a month and l can’t anymore because of a ‘limit’ and I can’t list anymore, ebay won’t let me post more. It might have to do with the prices I’ve listed them and the total it comes to. Quite annoying, it may reset at the beginning of each month. It stopped at 230 items. Also the total for the 90 day total might have something to do with it. I have been making lots of sales selling dvds, last week I’ve made more then I’ve ever made. How do I get more listings?
Call ebay on the phone and ask them
wow don't know why that is happening for you
Culburra in NSW second had store have lots of series of videos
jump in!!
What does the eprofit app look like?
search it in apple store and you'll see
Another factor Matt is feedback. It can be frustrating when you've got stuck with negative reviews from bad buyers. You only need one or two shitty reviews to kill your store early on.
Such a good point - hopefully these steps help provide the best service possible
true. However just like Google searches where people rarely go to page 2, if you build up your business to make regular sales, your negative feedback will drop to page 2 very quickly and most buyers won't care about it. Something that has always stuck with me is that you wouldn't trust Apple if they had 100% feedback on all their iPhones. Some margin for error makes for a believable vendor. So if you're on 99.4% I wouldn't lose sleep or make up correlation between that and your sales performance :)
@@jonchan.meaningful Yes, you're right. A less than perfect score can have more credibility. Interestingly the buyers I've had trouble with all seem to have %100 scores themselves. I wonder how they do it. 🤔
@@josephherring3807 low activity? Grey area problems that aren’t clear no nos on eBay? People not leaving them feedback? It’s almost like a bad behaviour funnel 😂 maybe lots of impressions and none of “converted” into real feedback 😆
I do 23 percent ads. I’m buying items less than $5. 75 percent gross is okay
Wow!
I don’t think it’s wrong do you? I want product to move and it has
Goat 🐐
Preciate you brother
ha, spare bedroom, I don't think many on the resell wagon have one....
A white wall is sufficient
I started using the back of my bedroom door and a desk lamp. Kept items in tub in bottom of wardrobe.
What is the app a profit? I cannot find it
eprofit
Can you stick to the SAME small amount to list every month?
Absolutely!
I just have a couple random things I want to sell lol I'm not trying to make this a career lol
Same game different levels
What about us poor souls who only want to sell our own stuff?
List very good sell through rate items
@TheAussieFlipper the majority of my clothing is either new or only worn once. Would that equate to good sell rate?
What do you think about eBay’s future with new items? Is Amazon just gonna be the king of new unbranded items ? Because I see eBay focusing on used and collectibles so I’m trying to figure out where to put my time into.
EBay is definitely a collectibles marketplace
Aren’t you concerned about doing this videos encouraging others to do this (like myself) and therefore potentially losing business somewhat?
Nope there’s 12 million buyers each month on eBay. We good