Same issue, what I do that has helped is reward myself. I.e. list 20 items and then go do something you like. Sometimes I ride my bike or watch a tv show. really helps a lot with the mental
I like this analogy because I drive a green car lol. When I bought it there was the exact same car in silver and the dealer kept pressuring me towards it but I wanted the green one!
I’ve been selling for 1.5 years now. Store is 619 items with 2k sold. It feels like my profit isn’t enough (I know it’s never enough). Often I feel I’m just spinning my wheels. I am making money for sure but I feel it should be more. I guess I’m looking for a little bit of advise to improve.
The truth is that YT with a cult following of reselling noobs chasing a dream is a much better way to make money than reselling for most people. Still wondering why your "transparency" video about reselling costs totally omits your COG because without including that, all other numbers that follow are absolutely meaningless and disingenuous. This guy literally learned everything from Tech and Chris and just refurbished it to monetize it. So if you're new and you see this, go find out who the real best resellers are and watch them. I'm skeptical of absolutely everything this guy says now.
Thank you, @Jride Flips! I keep UA-cam Resellers on in the background while I list, package sales, etc. So I hear alot of talk. However, when you are on, I stop what I am doing; I pay attention and "listen" to what you have to say. If other ReSellers were sharing the same info, I missed it. So thank you for today's lesson on reselling. I always learn from you, and am so grateful!! You have a gift. Thank you for sharing your invaluable wisdom with others.
Most likely because sales are slow for many right now across most platforms and sellers are looking for a reason why and how to fix slow sales. Just my thoughts on it :)
And this is the message that has not been delivered in 95% of reselling videos for many years maybe even decades they make it seem like it's easy and anyone can do it if they actually told the truth most would not watch there videos they lead viewers on for that one reason video's most yt resllers make more money doing yt no matter what they say then they do reselling if you were killing it reselling you would not have time to make yt videos. There should be a disclaimer in every yt reseller video before the video stating exactly what was stated here it takes hard work and lots of effort to be a full time reseller and make full time money to pay your business expenses and household expenses if you don't want to put the max effort in to get the reward this is not the profession for please don't watch how hard would that be again its all about the money and getting views they really don't care that there selling pipe dreams and people actually belive there BS then get upset at them for purposely misleading them just for the views=$$
For once I wish reselling UA-camrs would be honest about how hard it is to resell. Like you just magically find $100 items at any thrift store you walk in. Quit making it sound so easy. Reselling is a GRIND.
Never seen any UA-cam reseller magically find $100 items at any thrift store they walk into. Quit making things up that aren't happening just so you have an excuse to whine.
Who's going to watch the video of me going into a thrift store and finding nothing worthwhile? People start watching that and I'll start making hundreds of those videos! lol
I find that having a keen sense of curiosity is very helpful. I have found so many valuable things in thrift stores that other resellers have overlooked. Sometimes I don't even know what the item is but I find out and often times it is valuable and has a good sell -through rate. Another thing I look for are items that are in plain cardboard boxes. The thrift store employees don't want to take the time to figure out what it is and neither does the other resellers. I am relentless in finding out what it is and it is often valuable and cheap and ready to ship! I was told many years ago that the secret to a successful business is NOT doing something that nobody else is doing but doing what others are doing, BETTER!
Youre awesome, watched your videos when i started reselling 4 months ago to learn, have been fulltime since the end of month 1 due to yiur channel and many mores knowledge
What I think most people don't understand is your voice is an optimistic, encouraging one. Reselling depends a lot on the person and the work they're willing to do and believing you will fail will not help you succeed.
Your comments are dead on correct! 20% of the people do 80% of the work that is accomplished. In every workplace, you can see this in action, in every business you see this in action. You can see it in action in almost every single fast food, convenience store, insert the business of your choice here, the 80/20 rule is almost without exception present in every single industry/business. I saw it in the military, as well as in almost all government agencies. You have seen it, too, if you are honest in your evaluations. Situational awareness and a sense of urgency are present in 20% or less of all people.
To keep it as simple as possible let's say there is a staff of 5 people. One person is doing 80% of the work and the other 4 are doing approximately 5% of the work each. That means the vast majority of their staff (80%) is only doing 1/16th as much work as most productive employee. No boss would tolerate that. No business could survive that kind of waste in it's payroll. The only people who believe the 80/20 bull are people who have no respect for their coworkers efforts. In their minds they're always part of the 20% and so are some of the people they work directly with. Other departments, other locations, other shifts- you don't see them working so you assume they're just sitting around playing wordle and scratching their butts. It's just silly.
That is very correct even some of the most successful resellers admit at times would they take a normal job that gives regular hours and pay checks over the life of a fulltime reseller and many of them say yes. It is very tough doing this.
100% even if you make under $5 if you sell $5 items in volume yeah you might have to sell 100 items at $5 to make $500 but if you value what you do and love truly love what you do then it's not work your on a vacation if you think it's work then your just an average person like JRide refers too
@@donovanbradford8231nope most real successful resellers are not even on yt they have no time for it because there successful I have been reselling full time since 98' 25 years on multiple platforms so I know 1000% what a grind it is but you must love this grind 1000% I mean truly love every aspect of reselling all the hats we wear as resllers you truly must love all because If you don't that's when you start to feel like a 9-5 would be easier you also need to be motivated that you don't want to work for someone else you have to be motivated by all the perks that come along with being your own boss i.e resellers need to be appreciative of the ability to do this because pre 1995 you couldn't make money on the internet sitting at home resllers need to be more humble in IMHO
Until you live in an area where it's waaaay harder to source low priced items, you won't understand that you might be wrong. East coast vs. West coast costs of procurement are very different.
Actually I believe the biggest hurdle to being successful is yourself. Your mindset, attitude and beliefs. Our non-conscious mind sabotages us without us realising it. It’s easy to be successful in ANY field if you look at yourself first and change the way you look at things and how you act and react. You can change but it takes time and effort because your non-conscious mind has been programmed over a long period of time. Also work smarter not harder: Learn from others knowledge and wisdom. Keep things simple and easy, remain positive and watch the rewards you deserve roll in
This is one of your best videos you've made. Those that are ready to hear this - will. Everyone else that's negative and complaining are in that 80% right now. Ignore them and those of use that want to be better are here to listen. I dont expect anyone to drop all the answers in my lap. It's MY job to work hard and learn as much as I can to get my business where i want it. I appreciate the straight talk. Keep it up ❤
Ebay is an excellent side hustle, one of the best, but to make it your full-time job is not a good idea, things change too fast, whatever was selling like hotcakes last year, is not even selling this year...so you better be very adaptable...
This is the thing long time sellers like my self 25 years full time started in 98' on Amazon ebay and yahoo auctions we know this no news here its why sellers like myself have built pur online reselling business for longevity not buying hot selling items because any fool knows what is hot today will not be hot tomorrow just common sense it's sellers jobs to figure out how to make there business sustainable for longevity not just for the here and now this is what 99.9% of resellers have not figure out yet
@@donovanbradford82311000% 99.9% of resellers have not and are not willing to as it's very hard work to make a business sustainable for longevity not sustainable for the here and now
@@bennystratton7734 I started in 99 myself but I haven't been selling in bulk till maybe 5 years ago as my other job pays more than ebay ever could. I don't know about you but none of my last 5 years looks alike, the products change all the time. That's why I feel it's only a good full-time job for a select few people who can handle it, the vast majority of new sellers are just going to get frustrated and quit or just end up selling a small number of items.
I am using Ebay to grow my funds to purchase capital equipment needed to create my own product for the same industry. Using it as a way to create my brand and gain followers/customers for more direct selling later. It is also helping me understand the market demand & what brands sell at a good margin. Once I get enough equipment to make prototype....will use kickstarter to fund each product launch. (Using the Dell method) :)
@@JrideFlips [Inserts engagement.] (We gotta pump those view numbers up, those are rookie numbers in this racket.🍿) But when did you bring teachings of Jesus?
Btw unlike jride assumptions (you can't profit on items that sell for under $5) its false you certainly can profit on items under $5 you just have to buy at the right price or get it free remember you make your money on the buy not the sale so the lower your margins are when it comes to inventory the more profit you will make no matter if it's $5 sale or $1 million sale
Great analogy. I live on red cars and when I find the yellows, bonus! That however, is not appealing to the people that watch these videos and run out to their local thrift. They get discouraged, go on YT and call resellers out. The fact is though, nobody wants to watch a video on "average" items. Grind, grind some more, and when you are tired of grinding, work harder.
You can make a living at it-- I did. However, your hourly rate will probably be very low if you're doing all the work yourself. Moreover, you need the space to have a large-enough inventory.
I disagree I retired with a pension & insurance plan so adding eBay to my portfolio helps any offset cost from COLA. My sourcing like a hobby for me thrift stores, antique stores, and free inventory for my family, friends & neighbors.
The extent of my networking and making relationships is checking out and hoping the same cashier is there and making small talk with them. Hoping to become closer and soon recognize me. How can I improve my networking skills and relationships in reselling.
I picked up a pair of Oakley splice sunglasses at a garage sale for $1. The lenses have a few scratches on them. When I looked up comps on eBay the prices vary by hundreds of dollars how do I know what to price them at? I don't want to leave money sitting on the table
Wouldn’t we look for white and black cars based on the sale through rate concept? I understand your points but the analogy was a bit contradictory based on previous videos
Your analogy reminds me of a Mexican coworker I worked with. His Mom was getting her citizenship with an appointment that day with INS. Next day we asked him how did she do with test. He tells us this joke….says Mom goes to appointment and INS Agent was in a hurry to leave office to start his vacation. Agent tells Mom to use the English words green, pink and yellow in a sentence and that’s it to finish her citizenship process. His Mom says the phone goes green, green..I pink it up and say yellow. We all died laughing. Thanks, for the tips J
Used eBay to fund a trading account. Day trade full time now. You were a wealth of information thanks. Resourcing good items with fast sell through rate is the answer. I just never wanted to work that hard. Good Luck to all
God damn so tired of all you guys copying the latest trends with the obvious clickbait titles. For a minute thought jride was a little different. But nope not at all. It’s embarrassing to see
I mainly resell for the enjoy of finding vintage toys,books and other items to make bundles and finding these items a new home at the same time gaining some money for the PokéFund to fund my PokéCave collection, Some days I can get 2-3 sales some weeks and they could be either low value items but when it's a higher value item like a graded card or a rare vintage toy my heart starts pumping and the joy 😊
My weirdest sale was a cosmetology mannequin head with real human hair. I bought her for 3 dollars and took her home, combed her hair up nice, staged her showing she could model hats and sunglasses, took lots of photos of her and she sold that night for 25 bucks. She was gorgeous but a little creepy looking too. ;-)
I once found a really nice expensive and rare item in my crappy and overpriced goodwill for $15 and sold that bad boy for $250 in less than a week - you really just never know what you will come across anywhere you source. But it isn't JUST knowing where to source which is a big part of it and I am still working on that and trying to get better. It's also knowing WHAT to source which I am learning more and more and I am learning to always do my research item by item if I come across something that looks promising. Often I think something is neat but it's a crap seller. I still have a long way to go, but I have learned thanks to you Jride! that having a huge inventory is of way lesser importance than having those fast selling items in inventory. I am now working to have as many fast selling items as I can and knowing what items to pick up and leave behind because it CAN be hard to leave items behind when they are so cheap, but if it is going to take too long to sell it then it's just taking up valuable space that could be used for something faster selling. Space = money, time = money, etc.. haha
I don't do it full-time; right now, I treat it as a hobby, and I'm learning how to source new goods along the road. I'm just preparing myself so that if the day comes when I want to pursue it full-time, I will be better prepared and knowledgeable. Best of luck to everyone!
Jared, you’re absolutely correct. I’m 64. I’ve all mom company since 1985, just started reselling after closing my business down just just so you know I was tired of it. Not everybody can be an entrepreneur. Generally, you have to be able to build yourself a door and be able to open it and walk through it. That’s pretty much it in a nutshell. You have to be able to say hell yes, I can do it and do it when everybody else says you can’t. So if this is not, you could work for somebody else. Everybody else get after it.
Watching reselling channels on UA-cam is not too different then when I was listening to Amway audio tapes in the 80’s. Same general message - believe in your self, keep learning and keep moving forward……
@@JrideFlips I had lots of fun recruiting and selling Amway back in the day. Was like being part of an exclusive club. Meet lots fun people who wanted more out of life, went to lots of meetings and regional/national gatherings and just soaked it all up. Each week I would purchase another audio tape and listen to it. Selling on ebay brings back some of the fun times I had and watching the various reselling videos feels similar to the audio tapes…..
My Amway empire came crashing down because of weekly get together I hosted for my down-line each Saturday night. If you joined my Amway, or one of my down-lines, you just needed to purchase 1 audio tape and 1 product from the catalog each week. Then you were invited to the ongoing Saturday night party at my home with free booze and food. Things went great for six months until downline got too large and the parties got too rowdy. I ended up leaving town when things got too hot and police were involved. My Amway quickly dried up after that. I was ready to move on by then anyway…..
Thank you for being honest. The ones who say everyone can do this are a bit delusional. 70% of people are going to sit around watching UA-cam rather than work on their own givin the option. I’m part of that 70% so that’s why I run an electronics repair business/clean condos also. There’s few things I hate more than listing but if I only need 40% of my income from it I can list 10 items a day. lol
The only secret sauce is consistency...most people do not hage the drive. Its easy and fun yo source it a grind to list pull and pack.the people who say i list consistently i list 5 a day and i still dont make money thats because 5 a day is not enough. Yes its good to find high profit items and sell less make more but those bread and butters will sell too. If i can sell wild fable and liz Claybourne anyone can but be consistent.
I make a $1000 a month reselling sunscreen.. lol I love overstock stores if you can make a living on eBay reselling is more personal requirement not what you or anyone else thinks is the required amount needed. Most people live well in excess of their needs. Won't buy cheaper versions of the identical product. And are unable to do basic math in their head quickly. And the #1 thing that keeps people poor is thinking they need what they are told makes you successful your car analysis makes no sense at all ..lol I guarantee theres countless items within niche markets that have fantastic returns. But not just that you think you honestly can go through enormous amounts of random products and identify the top items to sell ? But that's ok also you forgot about orange cars
Being a car guy along with a reseller this analogy really hit home. Thank you. I understand the system and now I just.have to implement it un this way. Too many times I grab white and black cars because I love cars and i need to realize I am not building a junk yard, that is not what I am striving for so I need to put down the paint cans ans quit trying to make the white car yellow.
I'm not sure how these factors fit into your statistics, but red cars are the #1 color for getting pulled over for speeding. Which could be the reason people avoid purchasing them. However, I do get your point.
Ebay is definitely not a walk in the park to go full time. It's a grind with ups and downs. The downs can be frustrating enough to quit. The ups can be exciting enough to continue. It all depends on the consistency of retrieving in demand items regularly to list daily for it to be sustainable.
Thank you for the video, Jake. You addressed a lot of good points. I’m a part-time reseller. But I still consider myself a camo warped sports car in the reselling game lol.
@@JrideFlips I mean, I probably came across too negative, you have great videos. I like when you go thru your own stock and tell us what to keep an eye on, what models sells the best and so on... OR videos about how to source and so on. But this particular one is just boring. After 10 minutes I have learn nothing. So keep it up! (sorry for misspelling , I just don't care) Thanks
Never mentioned silver or gray cars. There was as many of those as there are white and black cars. I think much of reselling is just dumb luck as it is hard work. Just being in the right place at the right time😅 .
@@JrideFlips Yeah it was the ones that your followers were talking about God I guess. No worries. I can't stress enough ... your content is awesome ... some of your followers ... not so much.
First, I have to say I love your videos but I'm curious what you have to say about those of us who actually do sell yellow and pink cars almost exclusively but aren't clearly in that 80% or 20%. I don't sell clothes, and my volume is low, but I'm doing pretty well (205 listings as of today with 165 sales over the past 90 days at an average of about 70 bucks a pop). I'm looking for a bit of guidance on things like how to adjust expectations on turn around times for long tail items that are not sourced from thrifts stores or garage sales. Also I'd love more insight on how to price those pink and yellow cars. If it helps at all, my biggest profits come from rare toys and tarot decks that were produced in very low numbers and purchased at the time of release and are sold as "new" (never opened, sealed or opened for photos and inspection).
Yeah, sourcing is not my issue- it's hard to find those pink cars though. My biggest issue is the adhd that makes me put off listing.
Same issue, what I do that has helped is reward myself. I.e. list 20 items and then go do something you like. Sometimes I ride my bike or watch a tv show. really helps a lot with the mental
Stop making excuses and put in the work! Good luck
Wow!! The cold hard truth just slapped me square in the face. I needed to hear it though.
I like this analogy because I drive a green car lol. When I bought it there was the exact same car in silver and the dealer kept pressuring me towards it but I wanted the green one!
I’ve been selling for 1.5 years now. Store is 619 items with 2k sold. It feels like my profit isn’t enough (I know it’s never enough). Often I feel I’m just spinning my wheels. I am making money for sure but I feel it should be more. I guess I’m looking for a little bit of advise to improve.
I'm a Tie-dye car 😉
The truth is that YT with a cult following of reselling noobs chasing a dream is a much better way to make money than reselling for most people. Still wondering why your "transparency" video about reselling costs totally omits your COG because without including that, all other numbers that follow are absolutely meaningless and disingenuous.
This guy literally learned everything from Tech and Chris and just refurbished it to monetize it. So if you're new and you see this, go find out who the real best resellers are and watch them. I'm skeptical of absolutely everything this guy says now.
Thank you, @Jride Flips! I keep UA-cam Resellers on in the background while I list, package sales, etc. So I hear alot of talk. However, when you are on, I stop what I am doing; I pay attention and "listen" to what you have to say. If other ReSellers were sharing the same info, I missed it. So thank you for today's lesson on reselling. I always learn from you, and am so grateful!! You have a gift. Thank you for sharing your invaluable wisdom with others.
Hey jride. I'm one month in and I've got 51 listed and 8 sold but made almost 400 bucks. With about 250 items to list.
Great start. Have fun with it and don’t go full time unless you have a crazy good work ethic/live in a good area for consistent sourcing.
Why is it all the main UA-camrs in the past two or three days have come out with a “what resellers aren’t telling you about” kind of video.
Thank you bro ... we aren't supposed to notice apparently.
If you can’t connect the dots you are a black car
Most likely because sales are slow for many right now across most platforms and sellers are looking for a reason why and how to fix slow sales. Just my thoughts on it :)
They probably purchased the same "how to" UA-cam channel for resellers starter pack
Just copying everyone else because that's what we're supposed do. See what works and copy it.
Lol did anyone actually find this video useful?
If you look over the comments many did lol
Actually, yes. Thanks for asking.
He probably only made this video because he got called out by some other UA-camr for exaggerating his videos
It’s either sarcastic BS or clickbait BS every time
Yes I did. Some of these comments sound like something a jealous high school kid would make.
Success never comes before work. Except in the dictionary. Gotta work folks. Sorry
And this is the message that has not been delivered in 95% of reselling videos for many years maybe even decades they make it seem like it's easy and anyone can do it if they actually told the truth most would not watch there videos they lead viewers on for that one reason video's most yt resllers make more money doing yt no matter what they say then they do reselling if you were killing it reselling you would not have time to make yt videos. There should be a disclaimer in every yt reseller video before the video stating exactly what was stated here it takes hard work and lots of effort to be a full time reseller and make full time money to pay your business expenses and household expenses if you don't want to put the max effort in to get the reward this is not the profession for please don't watch how hard would that be again its all about the money and getting views they really don't care that there selling pipe dreams and people actually belive there BS then get upset at them for purposely misleading them just for the views=$$
For once I wish reselling UA-camrs would be honest about how hard it is to resell. Like you just magically find $100 items at any thrift store you walk in. Quit making it sound so easy. Reselling is a GRIND.
Definetly is a grind. Finding those bolos are not always easy. So lower selling items I have to do.
Many years acquiring knowledge
Never seen any UA-cam reseller magically find $100 items at any thrift store they walk into. Quit making things up that aren't happening just so you have an excuse to whine.
Who's going to watch the video of me going into a thrift store and finding nothing worthwhile?
People start watching that and I'll start making hundreds of those videos! lol
Lol. Idk what grind. It's easy af.
I find that having a keen sense of curiosity is very helpful. I have found so many valuable things in thrift stores that other resellers have overlooked. Sometimes I don't even know what the item is but I find out and often times it is valuable and has a good sell -through rate. Another thing I look for are items that are in plain cardboard boxes. The thrift store employees don't want to take the time to figure out what it is and neither does the other resellers. I am relentless in finding out what it is and it is often valuable and cheap and ready to ship! I was told many years ago that the secret to a successful business is NOT doing something that nobody else is doing but doing what others are doing, BETTER!
Youre awesome, watched your videos when i started reselling 4 months ago to learn, have been fulltime since the end of month 1 due to yiur channel and many mores knowledge
You’re full time because you put in the work and seeked the knowledge. That’s all you Wayne!
@jrideflips thanks. Appreciate your honesty. Do you have a video about pirate shipping?
What I think most people don't understand is your voice is an optimistic, encouraging one. Reselling depends a lot on the person and the work they're willing to do and believing you will fail will not help you succeed.
🤣🤣🤡
Your comments are dead on correct! 20% of the people do 80% of the work that is accomplished. In every workplace, you can see this in action, in every business you see this in action. You can see it in action in almost every single fast food, convenience store, insert the business of your choice here, the 80/20 rule is almost without exception present in every single industry/business. I saw it in the military, as well as in almost all government agencies. You have seen it, too, if you are honest in your evaluations. Situational awareness and a sense of urgency are present in 20% or less of all people.
To keep it as simple as possible let's say there is a staff of 5 people. One person is doing 80% of the work and the other 4 are doing approximately 5% of the work each. That means the vast majority of their staff (80%) is only doing 1/16th as much work as most productive employee. No boss would tolerate that. No business could survive that kind of waste in it's payroll. The only people who believe the 80/20 bull are people who have no respect for their coworkers efforts. In their minds they're always part of the 20% and so are some of the people they work directly with. Other departments, other locations, other shifts- you don't see them working so you assume they're just sitting around playing wordle and scratching their butts. It's just silly.
Over 90% will fail, That is the truthful fact. No youtuber will tell you that as the truth hurts, and you may be angry at them for telling you that.
This really hit home for me as I continue to develop my eBay store, and on top of that I drive a red truck. Thank you for continuing to educate us.
You got this! Your red truck is a sign lol
Jesus take the wheel...
The real reason the 20% succeed is they do what it takes to make it with No Excuses and the 80% DONT!
That is very correct even some of the most successful resellers admit at times would they take a normal job that gives regular hours and pay checks over the life of a fulltime reseller and many of them say yes. It is very tough doing this.
100% even if you make under $5 if you sell $5 items in volume yeah you might have to sell 100 items at $5 to make $500 but if you value what you do and love truly love what you do then it's not work your on a vacation if you think it's work then your just an average person like JRide refers too
@@donovanbradford8231nope most real successful resellers are not even on yt they have no time for it because there successful I have been reselling full time since 98' 25 years on multiple platforms so I know 1000% what a grind it is but you must love this grind 1000% I mean truly love every aspect of reselling all the hats we wear as resllers you truly must love all because If you don't that's when you start to feel like a 9-5 would be easier you also need to be motivated that you don't want to work for someone else you have to be motivated by all the perks that come along with being your own boss i.e resellers need to be appreciative of the ability to do this because pre 1995 you couldn't make money on the internet sitting at home resllers need to be more humble in IMHO
Until you live in an area where it's waaaay harder to source low priced items, you won't understand that you might be wrong. East coast vs. West coast costs of procurement are very different.
@@simbalantana4572 100%
Actually I believe the biggest hurdle to being successful is yourself. Your mindset, attitude and beliefs. Our non-conscious mind sabotages us without us realising it. It’s easy to be successful in ANY field if you look at yourself first and change the way you look at things and how you act and react. You can change but it takes time and effort because your non-conscious mind has been programmed over a long period of time.
Also work smarter not harder: Learn from others knowledge and wisdom. Keep things simple and easy, remain positive and watch the rewards you deserve roll in
.That's why I look for cars with a custom paint job.
This is one of your best videos you've made. Those that are ready to hear this - will. Everyone else that's negative and complaining are in that 80% right now. Ignore them and those of use that want to be better are here to listen. I dont expect anyone to drop all the answers in my lap. It's MY job to work hard and learn as much as I can to get my business where i want it. I appreciate the straight talk. Keep it up ❤
Ebay is an excellent side hustle, one of the best, but to make it your full-time job is not a good idea, things change too fast, whatever was selling like hotcakes last year, is not even selling this year...so you better be very adaptable...
That is the real trick being able to adapt and knowing what will sell regardless of market changes.
This is the thing long time sellers like my self 25 years full time started in 98' on Amazon ebay and yahoo auctions we know this no news here its why sellers like myself have built pur online reselling business for longevity not buying hot selling items because any fool knows what is hot today will not be hot tomorrow just common sense it's sellers jobs to figure out how to make there business sustainable for longevity not just for the here and now this is what 99.9% of resellers have not figure out yet
@@donovanbradford82311000% 99.9% of resellers have not and are not willing to as it's very hard work to make a business sustainable for longevity not sustainable for the here and now
@@bennystratton7734 I started in 99 myself but I haven't been selling in bulk till maybe 5 years ago as my other job pays more than ebay ever could. I don't know about you but none of my last 5 years looks alike, the products change all the time. That's why I feel it's only a good full-time job for a select few people who can handle it, the vast majority of new sellers are just going to get frustrated and quit or just end up selling a small number of items.
I am using Ebay to grow my funds to purchase capital equipment needed to create my own product for the same industry. Using it as a way to create my brand and gain followers/customers for more direct selling later. It is also helping me understand the market demand & what brands sell at a good margin. Once I get enough equipment to make prototype....will use kickstarter to fund each product launch. (Using the Dell method) :)
First: Your 8% number is entirely made up.
Second: Someone once said, "I think it’s important to reason from first principles rather than by analogy."
The greatest of them all taught in parables
@@JrideFlips A parable and an analogy aren’t the same thing. 🤷♂️
Also, you gotta wait like five exchanges before pulling Jesus cards. 🃏
@Jake-Day what’s the difference?
@@Jake-Day why can’t I talk about Jesus? You brought teachings of another man too. I just don’t get yah man
@@JrideFlips [Inserts engagement.]
(We gotta pump those view numbers up, those are rookie numbers in this racket.🍿)
But when did you bring teachings of Jesus?
It's all about following the numbers.....those who do will profit. Those who don't will stay in the 80% not cutting it.
Btw unlike jride assumptions (you can't profit on items that sell for under $5) its false you certainly can profit on items under $5 you just have to buy at the right price or get it free remember you make your money on the buy not the sale so the lower your margins are when it comes to inventory the more profit you will make no matter if it's $5 sale or $1 million sale
Great analogy. I live on red cars and when I find the yellows, bonus! That however, is not appealing to the people that watch these videos and run out to their local thrift. They get discouraged, go on YT and call resellers out. The fact is though, nobody wants to watch a video on "average" items. Grind, grind some more, and when you are tired of grinding, work harder.
You can make a living at it-- I did. However, your hourly rate will probably be very low if you're doing all the work yourself. Moreover, you need the space to have a large-enough inventory.
Dude, I love your video's but I just cannot focus on what you are saying with the amount of squeaking noise your chair is making.
Something that I’m working on😊
I disagree I retired with a pension & insurance plan so adding eBay to my portfolio helps any offset cost from COLA. My sourcing like a hobby for me thrift stores, antique stores, and free inventory for my family, friends & neighbors.
Good for you! Best of luck!
I have the feeling, im the only car in my town.
love it jride. wish the best for you. wouldn't be where im at without your knowledge
Content comment for the algorithm gods.
Real Estate is more like 90/10 percent
That's sad
The extent of my networking and making relationships is checking out and hoping the same cashier is there and making small talk with them. Hoping to become closer and soon recognize me. How can I improve my networking skills and relationships in reselling.
I picked up a pair of Oakley splice sunglasses at a garage sale for $1. The lenses have a few scratches on them. When I looked up comps on eBay the prices vary by hundreds of dollars how do I know what to price them at? I don't want to leave money sitting on the table
thanks for clarifying… im finding yellow and pink cars … it is possible!!! let’s go
This is a great video. Thank you so much!
It seems that you have blanketly applied the pareto principal to reselling without providing any statistical evidence that such a ratio exists.
I can see why some folks took offense to this video because you told them to look in a mirror and they don’t like what they see.
People would rather shoot the messenger, or whoever is holding the mirror. Either way, he's speakin' the truth.
Wouldn’t we look for white and black cars based on the sale through rate concept? I understand your points but the analogy was a bit contradictory based on previous videos
Always positive videos! Thanks Jride!
Great metaphors. Thank you
"The right word fitly spoken is a precious rarity."
Your analogy reminds me of a Mexican coworker I worked with. His Mom was getting her citizenship with an appointment that day with INS. Next day we asked him how did she do with test. He tells us this joke….says Mom goes to appointment and INS Agent was in a hurry to leave office to start his vacation. Agent tells Mom to use the English words green, pink and yellow in a sentence and that’s it to finish her citizenship process. His Mom says the phone goes green, green..I pink it up and say yellow.
We all died laughing.
Thanks, for the tips J
Good one!
Excellent analogy. Great video
One long boring metaphor about car colors to simply say "Find the good items before other people do."
Used eBay to fund a trading account. Day trade full time now. You were a wealth of information thanks. Resourcing good items with fast sell through rate is the answer. I just never wanted to work that hard. Good Luck to all
That’s awesome I do day trading as a fun hobby around earnings weeks
is there a specific free platform for ebay reseller statistics?
you sound like a preacher.
I'm sure glad I drive a red car!
But your area is better than mine!
😂
God damn so tired of all you guys copying the latest trends with the obvious clickbait titles. For a minute thought jride was a little different. But nope not at all. It’s embarrassing to see
What was clickbait about this?
So I love your videos and your content bro ~ but the title “what resellers aren’t telling you” has been trending hard past 2 or 3 weeks.
What?
@@Placement239what?
Could you elaborate more? I feel like it's the same great message he has always provided, just said differently.
Can you do a tier list of items that are best?
Great value sauce??
I mainly resell for the enjoy of finding vintage toys,books and other items to make bundles and finding these items a new home at the same time gaining some money for the PokéFund to fund my PokéCave collection,
Some days I can get 2-3 sales some weeks and they could be either low value items but when it's a higher value item like a graded card or a rare vintage toy my heart starts pumping and the joy 😊
About to get involved in Amazon pallets..
Make sure you're stocked up on lube.
My weirdest sale was a cosmetology mannequin head with real human hair. I bought her for 3 dollars and took her home, combed her hair up nice, staged her showing she could model hats and sunglasses, took lots of photos of her and she sold that night for 25 bucks. She was gorgeous but a little creepy looking too. ;-)
I once found a really nice expensive and rare item in my crappy and overpriced goodwill for $15 and sold that bad boy for $250 in less than a week - you really just never know what you will come across anywhere you source. But it isn't JUST knowing where to source which is a big part of it and I am still working on that and trying to get better. It's also knowing WHAT to source which I am learning more and more and I am learning to always do my research item by item if I come across something that looks promising. Often I think something is neat but it's a crap seller. I still have a long way to go, but I have learned thanks to you Jride! that having a huge inventory is of way lesser importance than having those fast selling items in inventory. I am now working to have as many fast selling items as I can and knowing what items to pick up and leave behind because it CAN be hard to leave items behind when they are so cheap, but if it is going to take too long to sell it then it's just taking up valuable space that could be used for something faster selling. Space = money, time = money, etc.. haha
Jake, did you every do the video on pricing, $.89 cents being difference between page 1 & page 18?? Vids on research very smart. TY
I don't do it full-time; right now, I treat it as a hobby, and I'm learning how to source new goods along the road. I'm just preparing myself so that if the day comes when I want to pursue it full-time, I will be better prepared and knowledgeable. Best of luck to everyone!
Jared, you’re absolutely correct. I’m 64. I’ve all mom company since 1985, just started reselling after closing my business down just just so you know I was tired of it. Not everybody can be an entrepreneur. Generally, you have to be able to build yourself a door and be able to open it and walk through it. That’s pretty much it in a nutshell. You have to be able to say hell yes, I can do it and do it when everybody else says you can’t. So if this is not, you could work for somebody else. Everybody else get after it.
Watching reselling channels on UA-cam is not too different then when I was listening to Amway audio tapes in the 80’s. Same general message - believe in your self, keep learning and keep moving forward……
You’ve attached self improve to a negative connotation? That’s tough
@@JrideFlips I had lots of fun recruiting and selling Amway back in the day. Was like being part of an exclusive club. Meet lots fun people who wanted more out of life, went to lots of meetings and regional/national gatherings and just soaked it all up. Each week I would purchase another audio tape and listen to it. Selling on ebay brings back some of the fun times I had and watching the various reselling videos feels similar to the audio tapes…..
@@dereketnyre7156 ooooooj that makes sense lol
My Amway empire came crashing down because of weekly get together I hosted for my down-line each Saturday night. If you joined my Amway, or one of my down-lines, you just needed to purchase 1 audio tape and 1 product from the catalog each week. Then you were invited to the ongoing Saturday night party at my home with free booze and food. Things went great for six months until downline got too large and the parties got too rowdy. I ended up leaving town when things got too hot and police were involved. My Amway quickly dried up after that. I was ready to move on by then anyway…..
Thank you for being honest. The ones who say everyone can do this are a bit delusional. 70% of people are going to sit around watching UA-cam rather than work on their own givin the option. I’m part of that 70% so that’s why I run an electronics repair business/clean condos also. There’s few things I hate more than listing but if I only need 40% of my income from it I can list 10 items a day. lol
The only secret sauce is consistency...most people do not hage the drive. Its easy and fun yo source it a grind to list pull and pack.the people who say i list consistently i list 5 a day and i still dont make money thats because 5 a day is not enough. Yes its good to find high profit items and sell less make more but those bread and butters will sell too. If i can sell wild fable and liz Claybourne anyone can but be consistent.
What if you found bunch of cars with red line wheels 😂😂😂😂😂😂😂😂😂😂 You don't see those driving on the road every day 😂😂😂😂😂
I make a $1000 a month reselling sunscreen.. lol I love overstock stores
if you can make a living on eBay reselling is more personal requirement not what you or anyone else thinks is the required amount needed. Most people live well in excess of their needs. Won't buy cheaper versions of the identical product. And are unable to do basic math in their head quickly. And the #1 thing that keeps people poor is thinking they need what they are told makes you successful
your car analysis makes no sense at all ..lol
I guarantee theres countless items within niche markets that have fantastic returns. But not just that you think you honestly can go through enormous amounts of random products and identify the top items to sell ? But that's ok also you forgot about orange cars
Being a car guy along with a reseller this analogy really hit home. Thank you. I understand the system and now I just.have to implement it un this way. Too many times I grab white and black cars because I love cars and i need to realize I am not building a junk yard, that is not what I am striving for so I need to put down the paint cans ans quit trying to make the white car yellow.
I'm not sure how these factors fit into your statistics, but red cars are the #1 color for getting pulled over for speeding. Which could be the reason people avoid purchasing them. However, I do get your point.
Ebay is definitely not a walk in the park to go full time.
It's a grind with ups and downs.
The downs can be frustrating enough to quit.
The ups can be exciting enough to continue.
It all depends on the consistency of retrieving in demand items regularly to list daily for it to be sustainable.
I found a yellow car this weekend. I payed $1.50 for a book at a library sale. I sold it 2 days later for a $15 profit.
This is such important content. I appreciate you so much and have learned so much from you. I love your videos and ty for sharing❤
Thank you for the video, Jake. You addressed a lot of good points. I’m a part-time reseller. But I still consider myself a camo warped sports car in the reselling game lol.
Such a great concept and so perfectly explained. Thanks for the idea and the encouragement.
So much water, bla bla bla believe in yourself , be top 5% of the market, any more PRACTICAL TIPS. Unsubscribed
Okay
@@JrideFlips He's not wrong. It's very generic, vague, and full of platitudes.
@JrideFlips don't worry about that jackass
@@JrideFlips I mean, I probably came across too negative, you have great videos. I like when you go thru your own stock and tell us what to keep an eye on, what models sells the best and so on... OR videos about how to source and so on. But this particular one is just boring. After 10 minutes I have learn nothing. So keep it up! (sorry for misspelling , I just don't care) Thanks
Yeah, me too.
Ebay /rselling is oversaturated but not in the way people think..
I have a red car! I cant believe im part of the 20% already! 😮
Good old Pareto Principle, applies to most trends in $$
If you want to go to where the yellow cars are, you go to a car show!
I enjoy the content, feels authentic. Newbie here.
Love how you explained this!
One guy went viral. Now all the UA-camrs are still in his idea.
I stole this title from a daily refinement video 7 months ago lol
I drive a green car 😎😎
Great analogy 🚗
Never mentioned silver or gray cars. There was as many of those as there are white and black cars.
I think much of reselling is just dumb luck as it is hard work. Just being in the right place at the right time😅
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Sorry. Am I the only one that is so confused about colors of cars. I think I’m colorblind. 😂
🔆
😊
And of course ... certain comments are being deleted from this channel. hmmm.
I don’t delete comments. Google does sometimes though
Which ones were deleted?
@@JrideFlips Yeah it was the ones that your followers were talking about God I guess. No worries. I can't stress enough ... your content is awesome ... some of your followers ... not so much.
Rockstar flipper and my boring reseller life just made videos lol
Yes
I appreciate yah wolfman!
First, I have to say I love your videos but I'm curious what you have to say about those of us who actually do sell yellow and pink cars almost exclusively but aren't clearly in that 80% or 20%. I don't sell clothes, and my volume is low, but I'm doing pretty well (205 listings as of today with 165 sales over the past 90 days at an average of about 70 bucks a pop). I'm looking for a bit of guidance on things like how to adjust expectations on turn around times for long tail items that are not sourced from thrifts stores or garage sales. Also I'd love more insight on how to price those pink and yellow cars. If it helps at all, my biggest profits come from rare toys and tarot decks that were produced in very low numbers and purchased at the time of release and are sold as "new" (never opened, sealed or opened for photos and inspection).
🩷