How do people sell and profit selling DVDs on eBay? (explained)
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- Опубліковано 8 вер 2024
- How do people sell and profit selling DVDs on eBay? (with data)
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one of my most common questions asked is:
How do you make a profit from selling DVD's and also selling so cheap?
Well today I answer that!
#resellingbusiness #resellercommunity #ebayreseller
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Appreciate you crunching the numbers for new people it is very helpful for getting a reselling plan.
@@FrankGCann you’re welcome - do note however this is a older video some numbers will have changed but I’m sure you can make the adjustments as needed 👍🏼
I always find these breakdowns so interesting & easy to follow, and find myself picking up something new, interesting, and helpful from all of your videos of this kind. 💪
my man! thanks mate! Sometimes we need to break down things to see the power behind them. Perspective can really help! Just like your videos helping us understand the science and detail behind how we can grow :)
thank you for breaking it down in a way that is easy to understand.
Glad it was helpful! It is a little outdated now, due to costs and post pricing changing but same concepts still apply
Good you can get that price where you are, but here in the US, DVD's brand new sealed can be bought in pawn shops for $1 each.
I’m not buying these that cheap from pawn shops for a $; most my cheap dvds come from bulk lots of peoples own boards or collections. However at the thrift or pawnshop they $1-$6 usually
Top info and a good break down, you have a new subscriber, Cheers.
thank you for the comment and encouragement, I appreciate it. Also welcome to the team :)
Yeah, DVDs...let me count the ways. They are compact and light weight, still in demand and easy to ship. I am really starting to like them.
Glad they are working well for you
So if you take total profit and divide it by number of dvd's sold -that means you are making $4.55 profit on average for each sale (in scenerio 3, as you said this was the most common sale price). So you need to source, list, pack and post a dvd and for that you make $4.55 on the ones that sell, some dont I assume. Is it worth your time (and petrol) ?
This is correct, it depends on the individual if it is worth their time. If someone is able to sell 10 dvds a day, and pack then within an hour, that’s $45 an hr. Even if posting takes 15mins it is still a nice per hr! But yes all depends if they sell lol
I totally see your point. This video isn’t to say “you should be selling dvds” but more so help see how people profit off low end dvds
Even if I get DVDs for free, I would never sell them for less than $5 Inc post. I honestly don't know why people bother. I know they're easy to list, but for a $1-$3 profit it's not worth it.
That being said, they are my favourite category. Those and random odds and ends.
Thanks for the breakdown. Another great video
Yea, I don’t want to sell that cheap either, my focus is 9.97 for the everyday and then above for the more wanted. However it’s nice truck to have “auto accept” on dvds if someone offers 5+ as you know regardless you make a profit. Plus it’s cash flow :) thanks for watching and sharing 🙏🏼😎
Because of the shipping in The States if you can get more than $2 for a dvd that is not new or rare i would be surprised.
wow! mass market indeed!
Your models should also include bad/scam buyers who ask for refunds.
Apply a 1-5% deduction and you’ll have your result. 👍🏼
Nice video mate. I've been using those cheaper padded mailers for a long time now. DVDs (and CDs) are my bread and butter category. Just a nice slow trickle of income. Easy to list and it keeps the eBay listing algorithm happy.
Love it! Appreciate you sharing! 👍🏼👍🏼 keep up the solid work
Thank you for the breakdown Chris. I have been thinking about getting into selling DVD's and I find your breakdown very easy to understand. Its also made me open up my eyes that I am sitting on a gold mine! I have a guaranteed source of DVD's that I pay on avg 3 to 8 cents a piece. Seeing as your basing your break down on cogs way higher then that I think I can buy in mass bulk to turn my store into a DVD store selling at $4-$5 plus post I think I should be good hands plus I have a bar code scanner tool to speed things up. My only question is do you take photos or do you use the stock photo ebay provides?
this is amazing to hear mate! Way to go! To have that opportunity at volume and low cost, you are sitting on a gold mine! Way to go! Don't sell yourself out though (or cut everyone else out), do try sell the DVD's at market price to what the demand / supply is suggesting. What i like to do is list at market, with offers and then I know what my bottom is. I use Photos of my own. Front, back and of Disc to prove its there. Cheers!
Where the hell you getting DVDs for 8 cents a piece?
@@Racinrasslinfan36 Goodwill bins
Chris , could I use this same method for video games ? Never heard about the two stamp methods , is that different in USA 🇺🇸?
Wow this video was amazing. Looking to start selling dvds, seems they are easier to source than video games at times
Right now for video games. We have to ship first class mail $4 and sometimes worst $8
Hey mate, honestly I cannot provide advice insight for USA, being Aussie myself. However you can apply the same math once you have the updated figures relevant to your location and costs.
The dvds can be very rewarding with the right in demand and quality that’s for sure.
Wow that is expensive! 😵 remember these are untracked so also no way to find if lost
where did you get the spreadsheet? it’s great. thanks for the great breakdown of costs.
Hi Neil, I made it in google sheets to help provide the analysis. Cheers 🙏🏼🙏🏼
It’s his own DATA!!!!! From real experience!!!!
Thanks for the video, the numbers helped a lot 👍
Glad it helped - thanks for asking the question :)
Another awesome breakdown legend
Thanks team! Appreciate it. I do love them numbers haha 🤓
Do you calculate your internet,gas,phone,business meals and apps into your expenses?
hi Jose, yes I do, i dont go through it this video in particular, a good example would be here: ua-cam.com/video/62TAADPg15w/v-deo.html
Where is your eBay link? I dont see it listed.
Hey mate - I don’t share my eBay link public for 2 reasons. 1. Had some foul play/trolling of my items. 2. To avoid skewed traffic and sell through.
US prices are so crazy. In UK if you can squeeze out 2$ per dvd you are actually doing amazing. 😂
Not sure on the US side of things, but these numbers from Australia have changed since doing the video, as postage costs continue to rise too - but all things considered - it will only make sense if you have the CHEAP buy in and the VOLUME to make it happen.
Thanks for the video. However, I think the more interesting questions are HOW are you selling them for over $6, $12, etc (disregarding if it's a super rare dvd), and what exactly is your sell through rate? How many DVDs are you actually selling each day? And is it worth the gamble that it will never sell? We are competing with people that are selling DVDs at $1-$2 free shipping and that are posting thousands per day. I want to sell as many dvds i can a day, at the moment I sell about 11 to 15 each day at $4 to $5 each. I don't understand how it's worth it for a DVD sit around for 2 years waiting for it to be sold at $8 or more when the buyer can just go and buy the same item for $3. I could sell the same DVD 4 times over at $4 by the time it takes to sell 1 at $10.
You’ve answered your own question. It’s not worth it to have it sitting around that long, depends on your “cog” and margin to define how long you comfortable to have it sit.
But to answer with my numbers; I shared in this video the average time to sit 50-70 days and how many I have sold in 2 years. That aside, I haven’t had 4000-10000 dvds till now so I’m starting to change how I operate. I still list all my mass dvds at 9.97 and I accept offers as low as 5. I also offer buy 2 get 1 free. Of the dvds I’ve had before my 10,000 media lot, I’ve had 2170 dvds. ~43% of those have sold. Based on your numbers, you sell 13 dvds and depending on margins maybe walk away with $16 profit and $58.50 cash flow. That’s good! At the moment I’m selling 1.5 dvds a day at 9.61 each which works out to be 6.83 profit per day or $14.42 cash flow - based off the scenario I shared.
Dvds are not my only item I sell. I’ve got books being my biggest seller, then video games and toys along side the dvds.
Yea I think it it’s worth it. It’s bread and butter and ticks over each month about $400 revenue snd 205 profit. For little to know work. With my current input. Of course if I was listing more, adjusting prices or focusing on selling more than listing I would sell more - but it kind of a set and forget. For someone starting, if you can get cheap dvds and then do what you are doing at scale it’s well worth it! That’s like 1755 revenue a month and $500 profit :)
As I said to someone else. Just because it’s competitive, doesn’t mean you don’t compete. You gotta do it what works for you, and your model and your approach what you also bring to the table with the customer experience too. Great question mate, hope this clarifies better and my thoughts
Great Breakdown Video Chris
Thanks Paul, I appreciate the feedback :)
think about gas for going to ship things, postage packaging materials cost... hows that translate to $5 and free shipping making you money?
Postage, packaging and materials and cost of goods all taken into account per the video, gas is going to be different for everyone, since these are sent via letters they can be dropped into the red post boxes around cities in Australia; for me personally I have 3 all in 1km radius. Video clearly breaks down the ability and how to make make money selling $5 dvds.
Can’t believe you wasted time explaining , bro , but ty
Hi, just curious, how do you source DVDs that sell for so much, and also you have dollar signs, but do you have usd or austrian dollar as your currency above on the spreadsheet? Sorry lol 😆. Also one other thing, does B2G1 free work for you very well? Also how is the competition there regarding DVDs? For us in the USA, there's these huge resellers like secondsale, gopeachy, zuber, thrift books (for books) half price books, they even have their own company and warehouse.
Hello; all figures are in AUD, being in Australia. I managed to pick up 10,000 media items the other month for $1400 so it was a good purchase. The B2G1 free has been a bit slow. Getting about 1-2 a month. One person did do it a few times.
Well the comp is high, but we have 10x less people than USA, so not as bad as there I guess.
I’ve always seen and heard DVD’s getting mailed in bubble mailers or poly bags. How do you send them with postage stamps so you can send them for cheaper?
And can you do the same here in the US, where you can put 1/2 stamps on a mailer and send it out to your customers?
Hey mate, I can only speak on Australia. This video will show you how I do it. How to post & send DVD's & Video Games with Australia Post in 2022
ua-cam.com/video/xklSWg2DPOE/v-deo.html
For USA, I’m not sure
@@CLFurlong thank you very much! I will check out that video!
I was trying to do a little research and found out that I can’t send a dvd with a case as letter rate because it’s considered ‘rigid’ and would be charged an extra 30 cents, and I don’t want that extra charge every time I send out a dvd, it’ll eat into the profits, so I’ll have to pay extra and send it via media mail. As least for now
But if you were to send it as disc only you can put it in an envelope with 1 or 2 stamps depending on weight. And be able to send it cheaper
sounds like some interesting different postage rules in the USA. I think 30c on a DVD as a extra cost aint too bad. Will depend on your cost of good. If i can source DVD's for less than a 50c, that 30c isnt too bad.
Very informative video Chris! Do you have a cleaning process for DVDs? I've been a bit anxious lately about selling DVDs that aren't sealed or in very good condition. I don't sell DVDs if they're scratched as I don't have a disc cleaner, but if there's fingerprints and light marks I clean them with wipes for cleaning glasses lenses. Sometimes there's still some cloudy-like marks that are hard to remove though. I'm probably putting too much time and worry into this, especially for low value DVDS, but I'm interested in your thoughts?
Thanks Dan! I’m the same Dan. Exactly like you. I won’t sell scratched dvds unless they are big dollars and I make it very clear. I scratch check every dvd and anything I’m not happy with goes into a marketplace bundle lot to sell. I also have some wording in my description that there are no scratches, but any issues do let us know. Great question. Don’t worry too much, build a checking system and move on :)
Great video, very very informative, Dvd's is actually something I would like to get into. Quick question, when you list your Dvd's do you promote them at all? and if you do what %? Thanks!
Thanks Zypher. I do promote my dvds, I usually wait 24 hours at least to make sure any “quick sellers” move without me paying promo fees. My promo across my store is capped at 7-8% as each category varies. I think my average fee is 4% that was included in the 17% fee I put in these scenarios
I have been trying to resell DVD's and I hardly sell any. They are not all that popular anymore.
Dvds are actually no different to clothing. There are lots and lots of ones which will not sell, and if they do they are bottom of the barrel. However there are lots and lots of opportunities out there, it’s just very competitive and since they are low barrier to entry, it’s a real struggle. I personally have dropped 90% of my media for the time being while I’m building the business out a bit more - however I still believe they have a key % to my inventory going forward. I feel DVDS require a set of rules to ensure we don’t get stuck with so many. A lot has changed since I did this video a year ago
@@CLFurlong yeah it’s a slow sell right now. I thought it would be a good investment but now I’m stuck lol
I think many have come down this path. Even if we get dvds for free it doesn’t mean they are a good investment - still need to make sure that the ones we are selling are what people want.
You could liquidate the dvds in Facebook try get your many back or some then create a set of rules when buying dvds going forward if metrics they must meet (like sell through rate, sale price, and maximum cost)
do you check all the dvds you buy?
Nope just if scratched or damaged. No testing required. I don’t sell with scratches, if I do it’s for a higher value item in which I may test but 99% no testing just spot check condition
What about income taxes?
Income taxes can only be finalized at the end of a FY. I have a few videos explaining I put 7.5% away roughly each week for income taxes for tax time. But the reality is as a sole trader operation not a company, my taxes are calculated based off all my income. Not just reselling, but my other business, investments and means of income. I don’t calculate it individually here; but comes out in the wash of payments and splitting up.
How much money I made from Reselling on eBay in FY22 (my best yet)
ua-cam.com/video/kDSZlK82JkE/v-deo.html
Resellers! How to PAY YOURSELF first (always) | with Examples PROFIT FIRST
ua-cam.com/video/OM_FcHhb8k8/v-deo.html
Too much gems !!!
What’s your website?
Hi Alex, I don't have a website as such, I sell on ebay. If that is what you are asking?
How do price your dvd's ?
Hi Leonard, per the video I shared the 3 scenarios of my average sold price. Of 936 sold dvds, average was $22.28, however 181 were around $16 and 467 were around $9.61.
Majority of my mass market dvds I now list between $6 and $9. Sealed $12. However if there are ones which i know go for a premium they usually start from 15 or 20ish.
I clicked on your link below for a padded mailers and if you buy 500 is cost $0.55 each. Uncle Wayne has a link on one of his videos where U can get padded mailers for 25 cents each if U buy 100 and get cheaper the more U buy. I purchase 200 for $42.95 around 21 and half cents each. 500 equal just 18 cents each.
I’ve got 2 links there. The eBay one if you buy 500 it’s $90 so like 18c each. The exact same one you have said
@@CLFurlong ok sweet
How often do you have item not received claims? I have been burned too many times not sending items tracked, I even lost a PayPal case (nearly two decades ago) when Australia Post had the guys signature having said he received the item all because AusPost didn’t have online tracking back then and it was a requirement for PayPal to find in my favour. It’s such a competitive space and I can’t understand all these sub $5 sellers for any media CD/DVD/games with free postage.
Great question. Before the floods, maybe 1 every 90 days. Since floods I’ve had a couple a month. But usually $9 range. Not a big issue. In terms of my monthly revenue $18 is 0.02% haha not sure on your second point about being competitive, I’ve explained in the video about selling under $5 and is still worth it for a cash flow win and profitable too. Just because it is competitive, Doesn’t mean you don’t compete. If you don’t compete, you won’t sell anything. You need to assess the Barriers of entry and apply your own edge
@@CLFurlong I watched your video through and it was very comprehensive and informative so thank you. I still don’t see the value in selling anything sub $5 including postage unless you are selling huge volumes. As I work full time and sell on the side I really have to be particular with what I flip.
Yea that makes sense. The benefit is cashflow. For instance if every $1 you spend could make you $17 cashflow or $6 of profit. But i agree, the time you spend is key for the return you get. I currently spend about 90 hours month for $3000 profit on average per month.
If U buy ur stamp bulk on eBay, u increase ur profit on the 4000 DVD by $2000.00
Need to be super careful with those ones on eBay. Majority of the time it’s stolen product from postal workers, or scammers. Sounds like you’ve had a good run with them. Be careful out there - I won’t be advising people to buy those, as it’s a little grey.
@@CLFurlong I too though stolen or scam. I don't know, but he buy in bulk for a big discount. There fair few seller, selling in the $190s which still $30 saving
Boooring.
Well you watched it 😅 not forcing you! Lol
No returns or refunds?
Well yes, but over the last 2 years of selling I’ve done 20 refunds (don’t do returns as they do low value). With 5000 items sold that’s such a minimal factor. But from starting out yes it should be added in to consideration