How to Start a Part-Time Reselling Business In Your Bedroom [Beginner's Ebay Guide for 2023]

Поділитися
Вставка
  • Опубліковано 2 лис 2024

КОМЕНТАРІ • 47

  • @ThriftALife
    @ThriftALife  Рік тому +15

    I want to add some finer shading on a couple of points:
    - Running a reselling business out of a tiny space is NOT IDEAL. This is meant to be a stopgap strategy, best suited either to making a part-time income or carrying you over until you can get more space to dedicate to reselling if you intend to go full-time.
    - Every part of this will have a learning curve. Especially with things like Whatnot and flipping to buy-sell-trade shops, it will take time to start realizing consistently good returns. Listing items on Ebay that have extremely high demand is the one thing that I think is relatively "plug and play."
    - Focusing on items with that high of demand is going to take a lot of sourcing. You may sometimes find one or two items like this per thrift trip, or none. It will take patience and discipline.
    - Use an inventory system that maxes out the space in the closet. I would get plastic bins that are as cubical as possible. Maybe even use stacked cardboard boxes. More advanced inventory systems like long boxes on shelves are going to cut way into your storage space.

    • @skokiereader
      @skokiereader Рік тому

      What is your take on the new AI in the description area on eBay? I used it a couple times on books, but, overall, I hate it. I write my own detailed description with my own verbiage & and measurements, etc.

    • @ThriftALife
      @ThriftALife  Рік тому +1

      @@skokiereader I know nothing about it in specifics but my gut says it's probably to be avoided, unless the Ebay algorithm incentivizes it.

    • @skokiereader
      @skokiereader Рік тому

      ​@@ThriftALifeIn my opinion, the description comes out sounding very fluff, almost pontificating. They use your title and specifics & come up with a godawful description. Pretend to list a book and see.

  • @bbarrett91
    @bbarrett91 Рік тому +22

    Matt, you are the only reseller I know who would use Venn diagrams to explain reselling. 😂 That’s awesome; I love it.

  • @cmoran6379
    @cmoran6379 Рік тому +8

    Recently I’ve discovered I love selling belts, typically western belts with big buckles or conchos. I can get them at a great price, and they can be rolled up into a box or stored on a hanger in the closet. They take up virtually no space. Thanks for the video, Matt. Hope you’re well.

    • @ThriftALife
      @ThriftALife  Рік тому +4

      Good call, forgot about belts. Even just belt buckles, you can throw hundreds of them in a tub. I'm doing alright, thanks. Hope you're well too. Good to hear from you.

  • @No1Design_
    @No1Design_ Рік тому +8

    You are the only reseller I know that uses a non-bandwagon thumb nail photo on you video (the common "Mouth open wide like you are waiting for someone to cream in it" trope. I have no idea how and why that got started but I'm sure females were involved somehow......this is one of the reason I sub and watch everything you upload and buy your Menswear guide.....Plus you get to the point in your content and not dick people along with "look what i've found today for 67 cents that I can sell for 10000000000 dolla".....Much respect Mr. Matt

  • @debbiesmith960
    @debbiesmith960 14 днів тому

    I have the Manifesto and have followed you for some time. Many of us deal with chronic pain and sympathize with you. I try to look forward to good days and just deal with bad. Bottom line: Your UA-cam friends care about you. I'm a believer in prayer and will have you in mine. Please keep us updated about you...not reselling, but your progress. We care.

  • @kellyfinds8976
    @kellyfinds8976 Рік тому +1

    Thank you sir!!! Absolute GOLD the info shared in this one!! Thank you!!!!

  • @GabrielSonnek-vi1cu
    @GabrielSonnek-vi1cu Рік тому +3

    The timing of this video is ironic because I just started my freshman year of college, and after one summer of reselling clothing at home (after stumbling upon a Thrift a Life video), I have had to figure out a way to keep my eBay store thriving while only using half a dorm room to live and store items. It’s working so far, but implementing some of these strategies is definitely something I am trying to do. Great video as always, and I want to thank you for your quality content, because following your business model for the last couple of months has become one of the most rewarding things in my life.

    • @ThriftALife
      @ThriftALife  Рік тому +1

      Thank you Gabriel, hope this stuff helps you out.

    • @dreamsreselling7215
      @dreamsreselling7215 Рік тому

      Lovely message Gabriel im pleased to hear its working out for you , You got this dude 🙂. Great vids Matt does

  • @ladiesauxiliaryverbsociety6125

    Heyy, spotted one of my recent solds in this video! 🎉 Good tips as usual

  • @MarciaAnne
    @MarciaAnne 6 місяців тому

    Have learned so much from you!! Love your videos!

  • @graciegladson4960
    @graciegladson4960 Рік тому +1

    Welp, great information. I, at 53 with a 15 uear old. 2 cats am going to have to start all over. I have been looking at campers for the time being and I have a rather large inventory and no place to put it. I needed more time to refine my buying process.

  • @ginamarie5575
    @ginamarie5575 Рік тому +2

    Great reminder, just keep it moving 🎉😂❤ time to lower my prices and send out offers again 😅

  • @purplerube1038
    @purplerube1038 Рік тому

    Hope all is well can’t wait for the next video

  • @seanl.7088
    @seanl.7088 Рік тому

    Great reminder to keep the main things the main things

  • @davea136
    @davea136 Рік тому +2

    Is there any way you could express the Venn Diagram in boolean logic and/or the predicate calculus. Thank you.

    • @ThriftALife
      @ThriftALife  Рік тому +1

      I have a liberal arts degree, so unfortunately not

  • @gabrielsequeira-bacher9049
    @gabrielsequeira-bacher9049 3 місяці тому

    Hi Matt!
    I paid for the menswear manifesto 5, got really excited about reselling, and my ebay account was suspended a few days after I started listing. Not sure I’m going to get it back. Maybe I’ll try whatnot.

  • @charlesberis1235
    @charlesberis1235 Рік тому

    Great information and timely for myself. I currently own a four-bedroom house with a one-car garage and I am looking to sell and rent a two or three-bedroom apartment. I would be using the extra bedroom(s) for storage. Downsizing from an extra three bedrooms and a garage will be a big change. I had an extra storage unit once, but would rather not do that again after the place I was at had a rat problem.

  • @ASMRKlotz
    @ASMRKlotz Рік тому

    I flip collapsible dog cages locally where I live.. I buy them for $5-$10 and sell them for $20-$40 typically in a week or two.

  • @3arthboundexplorer
    @3arthboundexplorer 6 місяців тому

    New-ish reseller. Just found whatnot & curious to how they source such a high quantity of a specific product??

  • @robertdeveau7445
    @robertdeveau7445 Рік тому

    Appreciate the content!

  • @tomaldrich6076
    @tomaldrich6076 Рік тому

    Great video!

  • @jennywhisconier7777
    @jennywhisconier7777 Рік тому

    love!

  • @dillonfosa
    @dillonfosa Рік тому

    excellent video

  • @terrieholloway9066
    @terrieholloway9066 Рік тому

    Thanks!

  • @helpfulcommenter
    @helpfulcommenter Рік тому +1

    Unsaid here regarding selling locally - no 1099s. Local selling might be a pain in the ass but can't complain about the tax advantages.

    • @helpfulcommenter
      @helpfulcommenter Рік тому

      (I only typically do it with furniture and large electronics - for many years before I ever did Ebay I flipped furniture locally, which worked because I had a workspace for restoration and refinishing and tools, and was living in the largest city west of the Mississippi with lots of spendy cats hungry for that MCM bling. The trick was sourcing yard sales in the Valley, restoring/repairing, and selling to Silverlake/Los Feliz. Man I made some insane money)

    • @helpfulcommenter
      @helpfulcommenter Рік тому

      (0bviously that isn't in the domain of this video's topic, I just was reminiscing)

    • @ThriftALife
      @ThriftALife  Рік тому +1

      @@helpfulcommenter That must have been a goldmine.

    • @dawndaly3860
      @dawndaly3860 Рік тому

      I like being called a spendy cat. Thanks. It's good for me, my vibe.😊

    • @helpfulcommenter
      @helpfulcommenter Рік тому

      @@dawndaly3860 Beats Smelly Cat

  • @Cmdtheartist
    @Cmdtheartist Рік тому

    If I can ever sell my Seiko watch, I will believe that online selling is a possibility for me. Thanks for the free advice. Buenos noches.

    • @spa2damax
      @spa2damax Рік тому +4

      Watches sit forever. And ever. Very slow business

    • @helpfulcommenter
      @helpfulcommenter Рік тому +1

      I sold my Seiko 55 Fathoms in about two weeks

    • @spa2damax
      @spa2damax Рік тому

      @@helpfulcommenter congrats

  • @helpfulcommenter
    @helpfulcommenter Рік тому

    Pretty sure I saw a new scent of Berkeley Gulp soft baits the other day, pretty sure it was Butthole.

  • @Lupi33z
    @Lupi33z Рік тому

    so trading cards then...

  • @AndyS52
    @AndyS52 Рік тому

    no you cant