You MUST Do These Things BEFORE You Begin Your eBay Business! Easy To-Do List
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- Опубліковано 8 вер 2024
- Thinking about opening an eBay business? Not sure what you need to do? START HERE!
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This is exactly the motivation I needed to start going. I have everything ready, but have been so scared to take the photos and start listing. Not anymore! Today is the first listing!
Me too! 💯🙏🏻💳💵
You got this!
That’s awesome! I hope everything turns out well for you. eBay is very enjoyable, I think you’ll like it! 😊
Exceptional video! After 10 years on eBay I have yet to perfect all those steps. I realized it is impossible to be perfect so I accept 80-90% efficiency.
I definitely haven't perfected all of them either. :-)
I am learning a lot so thank you for sharing your wisdom. It is so nice to hear all the ins and outs of selling on EBay😊.
I appreciate the encouragement. I hope you are wildly successful.
Such a load of information. I needed this , it is a gem.
Thank you!
Very helpful. I am still in the planning stages.I like to have all my I's dotted and T's crossed before I do anything. I find all your videos to be great learning tools. Thank you for your posts.
I truly appreciate the encouragement. :-)
Good morning Scot and Melody!! 🥰💕 Your last advice (I think) was about organization. I’m a very detailed, organized person but I’m finding that since I went full time in February, the way I had been organizing things, was kinda counterproductive to what I should’ve been doing for tax purposes and such. I recently got My Reseller Genie and one thing I’ve learned is that I should’ve been keeping track of when I purchased the items in the custom skus so when I transferred the information to MRG, I’d instantly be able to see it instead of going through piles and piles of receipts!!! 😅 I do the accrual method.
Also, we’re purchasing a LOT of stuff because it’s garage sale season and hoping it’ll carry us through the winter. So NOW I box the days finds with itemized receipts of what we paid, date and wear we purchased it.
With that said, I think it would be awesome to see a video of WHAT to do to get organized for reselling so we’re better prepared for when all of a sudden business is booming and you find yourself behind on the keeping track of purchases and other things like that. Would love to hear your thoughts and process! Thanks! 🙏 😊
I may try and work something out to get @notyourdadscpa to make an appearance in a video with me.
@@TheChaChingKing I’d love that! I’m going to check out his channel now. Thanks! 💕
I'm a flea market vendor and about three weeks I posted my first listing on Ebay. I made my first sale on Ebay after a week of posting. 🎉 Still waiting on my second sale.
Your videos help me learn a few things on Ebay, especially shipping. THANK YOU.
That is awesome! You've got this!
Well my friend let me tell you that i start selling things in ebay in june because a friend told me a few tips and i lost my job . Then i follow his advice and i start watching your videos. Well today i had to open an ebay store because i try to follow your advice and take the time to put at least 4 items a day so in less than 2 months i already had like 350 and it was better to start a store . And tomorrow i will start follow your tips about the sales promotions. Thank you very very much for all the information that u provide
Look at you go! You are off to a fantastic start
I’m excited to start my eBay business! Thank you for the helpful information!😊
You can do this!
I opened a business account and they recommended starting with $1500 to avoid interest being charged. As long as the account has $1500 in it they don't charge interest.
Great information! Thank you
Hey fearless leader how r u. Been a min. Thanks for all the tips and reminders. You never disappoint. Have a good one Scott.
Thank you so much!
Solid advice. Thank you!
You are so easy to watch, and you have a very friendly smile and pleasant voice to listen to. I also like that you get right to the point. I have just recently subscribed to your channel. I have been selling on eBay off and on for over 15 years just to generate some supplemental income. I haven't sold much on eBay lately, but I'm gonna dedicate some time to selling again just to clean out my stock. At one time, I had 2 stores set up on eBay, but I'm no longer selling as a business just as an individual. Thank you for the motivation I need to keep going. I can certainly use the extra income to pay off some cc debt, and that's motivating me, too! 😊
It's a great way to get away from that CC debt! That's part of the reason we got serious about it in 2012. Good news...we haven't had a credit card in 10 years!!!
Another great video! Goals and Why? Thanks
Scot, as you know, I've been selling on ebay - and watching your videos - for almost a year. Yet I also still watch your videos such as this one for new sellers or planning-to-be sellers, because I always gain some new insight. Thx, as always. Edited to add: P.S. For those of you watching this video and getting ready to "take the plunge" into reselling, let me say that I, like Scot and Melody, am also retired. I went into reselling without knowing ANYTHING about it except to "buy low and sell high." Lol. And after almost a year of selling on ebay, I've found that once you get past that initial, scary "I-don't-know-
what-I'm-doing" feeling, things will level off a bit. Yes, there's a steep learning curve at first (and I'm not all that computer proficient!) But keep watching these kinds of videos - Ralli Roots also offered a recent helpful video for new resellers - and you'll gain not only a ton of knowledge, but you'll also gain self confidence with each step. Best of luck to all of you!
I love this. Hopefully, you won't mind if I pin this to the top.
Selling from my lifetime stamp hoard. My only goal is to list the 250/mo free listings.
Whatever happens happens !
You got this!
I’m still looking for the SKU! I just started and listing items recently and was trying to find SKU to organize where I put stuff and cannot find anything as well as my eBay looks different than everyone I see on here lol
Are you on an Apple product? I know theirs looks different. I don't use it and don't have any experience with it.
"Watched" three ads for you Scot while I was sorting some inventory.
I appreciate you being here. Since Melody and I watch UA-cam instead of TV, we signed up for UA-cam premium. For us, it's been worth it.
@@TheChaChingKing I appreciate the suggestion Scot. In twenty days I will mark six years of around-the-clock caregiving without a day off. While time is at a premium, funds are even more so. So we just have to put up with the ads. Normally I would skip the ads when given the chance, but I was busy sorting. The third one was just about to finish when I was done, so I just let it complete to give you couple extra pennies. And I mentioned it to you so UA-cam couldn't cheat you out of it.... 🙂
I was strolling along in eBay making it! Listing, shipping, smiling.. The excitement! And then😢 second sale is a return 😢a brand new perfume I sold very cheap just bc I wanted get used to things -and honestly it was a gift I knew I wouldn’t use…the the lady had opened tore the seal(so that killed its value) and then didn’t want it bc she wrote in a foreign language “not real” that was a month ago, it derailed me :( but I have to just listen to you! ..I can do this! I have to begin again! Ty for taking the time to offer us faith! Cheers!
You CAN do this. I used to let every single return just clobber me. But, now, I realize it's less than 2% of my returns. Most of the returns are honest people. So, while I'll deal with a knucklehead or two, I refuse to let them discourage me. They are not worth it.
You've got this!
Great motivational video.😔
Thank you! 🙂
Thanks G , love your content, really helps
Appreciate that
you are the best resource on youtube on this subject.. thank you for telling all sides of it☕
Wow, thanks!
Thank You for the video 💙
You're welcome 😊
I'm sure I sound like a broken record every time I comment on one of your videos. I can't imagine another UA-cam reseller having near the information and guidance that you provide for everyone. I have recommended you to countless friends and acquaintances who would benefit from your teaching skills. I have taken a break from listening to UA-cam for the summer and just now getting caught up. I have so much inventory. I need to get started especially on the holiday items that I have collected for the past 20 years.
You are so incredibly kind. I truly appreciate the kind words and encouragement. My goal hasn't changed...I hope to encourage those that are looking for help and hope.
First! And Thank you for everything you teach us! Before finding you and your channel I was so terrified to start, but you made that an easy process that has made my store very successful! Thank you again Scott! Keep doing what you're doing, you are changing lives!
Thank u for your wisdom, can I use priority envelopes for ground on eBay
@@user-oh7qg1yc3v I'm a postal clerk ~ if an item is in a Priority envelope/box, the shipping label MUST be for Priority postage. If the label doesn't match the packaging, you risk either having it returned to you for additional postage - or the customer getting it "postage due" (which really ticks people off!)
The comment by @BastetNoodles is 100% correct. ALL of the Priority supplies can only be used to ship USPS Priority Mail. Further, it's actually against the law to use them for other purposes. So...don't do that. :-)
100%
Your videos have truly helped my part time reselling journey. I made some costly mistakes early on because I didn't check comps, was clueless about STR and botched the shipping rates. But I've watched and learned from you and other youtubers and am steadily selling 6 to 10 items per day. I just wish I had more time to source and shop. Anyway thanks for your wisdom and experience.
You are a rock star!!! Everyone makes mistakes, but you're doing it right daily! You could teach the class. 😀
@@TheChaChingKing Ha ha. I wish i sold 6 to 10 items per day. I meant per week.
Great video! I just started my eBay business and I’m definitely feeling the struggle with not having any feedback yet-it’s tough to gain trust with buyers. Do you have any additional tips on how to overcome this early on? Any advice would be appreciated!
The best way to pick up feedback is to buy small things that you need from companies that consistently leave feedback. eBay doesn't distinguish between seller and buyer feedback. :-)
Your videos have inspired me a lot and have helped me in many ways. I’ve been feeling discouraged lately because I have a compulsive-lying buyer that claimed that he never recieved his package, and then he complained that my product gave him a “horrible reaction” like how does that make any sense? 😂 what would you recommend I do in this case? I messaged him that I will give him a refund ONCE I receive the item, however ever since I stated that, he hasn’t responded. Anyways, keep up the great work chachingking! 👑
You offered him a refund. At that point, wait for him to ship it back to you. If he asked for a refund and then refused to return the item, eBay will eventually close the return. They should also remove any negative feedback since you offered a return.
What's really amazing is that your item, that he said he never received, caused him a problem. 😆
Thank you SO much for the kind words. I truly appreciate you
Another wonderful video. Thank you! All I can do to show my appreciation is give you a view, a like, be subscribed, and let the ads run. I hope everyone else does the same, because you deserve any monetary rewards that may come from it.😊❤😊
That's incredibly generous and kind. UA-cam is, at best, a supplementary income for me. But it gives me an opportunity to feel like I'm teaching again. And that is worth a ton
@@TheChaChingKing It's nice that you've found a way to continue using your teaching skills. You obviously have a passion for teaching.
Great pep talk!! Best advice, for me, was to practice skills and set a start date!!!
Another point I've learned from experience is sell items that interest you. This will keep you motivated. For example I have a background in electronics. So I stick with electronics.
I’m the same way with craft supplies and books. My favorite things and I’m very familiar with both.
100%. The fastest way to end up with a death pile is to buy things that you aren't really interested in.
@@dennisferguson9129 How do you manage shipping? Do you ship via first-class mail, if so, how do you get a tracking number? I sell mostly craft supplies and many are small items and go in first-class large envelopes but there's no way to track it. Then if a customer states they didn't get it I have no way except my receipt to prove it's been shipped. Thanks!
Same here. I know and love stamps and it's all I sell
@@LittleBargainNookI mail first class in a standard #10 envelope with eBay shipping label which comes with postage and tracking number.
You'll find the label in the shipping options. Might have to click eBay button above the options to see it as eBay standard envelope.
Select size options and prints a 4x6 label you can stick or glue on
I have a problem with the "define a space" part. Taking over the whole house.. whoops.
Let's just say...I speak from experience. 😆
Thanks, Scot!
Thank you Scot! I have learned so much from you!
Thank you for being here!
Thank you. Always informative.
I'm struggling to change my shipping preferences to automatically use the 4x6 thermal printer. I cant find the settings anywhere. Any ideas? Love the videos, thank you!
It can be pretty fickle. My son set ours up. But, I do know that you need to set your preferences in your printer settings on your computer. AND, when you get ready to ship but BEFORE you purchase your label, you have to set it to 4X6 on that screen. Once you've set it the first time, it should default to that unless you change it again.
Scott, thank you so much for all your great videos! I'm learning a lot! Quick question about boxes. You have a link to 4x4x8 boxes. Do you have an affiliate link for boxes either larger or smaller than that? I have metal lunchboxes, collector plates and various other odd-sized items. Thank you very much!
Here are some affiliate links for other sizes that I like to have on hand. Keep in mind, these are Amazon affiliate links and I may earn a commission if you use them. It won't cost you more, but I could still earn a commission. I always want to disclose that. :-)
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@@TheChaChingKing Thank you so much!
@@TheChaChingKing I used your affiliate link and just received the Rollo shipping scale from Amazon. Following your advice, today I opened a second account at my credit union for the eBay business. I made my first sale a couple days back and lost a few dollars on shipping, but that's a small cost of learning to do this correctly. Thank you for putting in so much time into creating really useful content on UA-cam!
Don't go into a thrift store and blab about how much money you make or how much an item sells for. Keep yourself humble and say "I make some money, but not much" and avoid price increases.
Excellent video… could you make one for those of us who already started but maybe didn’t do these things in the beginning? How do we catch up?
I didn’t set up an inventory system until I had about 500 items listed and it was such a headache to go back and sku those 500 items … wish I had done that sooner!!
A catch-up video? That's a really interesting idea. I need to give that some thought. Thanks!!!
Great info! Even though I have been selling on eBay since 2001. I don’t have a store and also I really want to make this full time. I became chronically ill with congestive heart failure and I no longer can teach (I taught preschool). So, my goal is to open a store and resell full-time.
Is it better to have a niche? Or to resell a variety of products? Also, should we sell on other platforms like Mercari? Thanks as always for your help!
I like being able to sell anything and everything. I would get run down much more quickly if I niched down. So, for me, that's not really viable. I use List Perfectly to crosspost to other platforms. I have a link in my description. If you've been selling for a while and are comfortable with eBay, crossposting might help sell some items move more quickly. So, we currently crosspost to Etsy and Poshmark.
Hi , Thanks for your effort . but what about taxes? do bay taxes for this business?
I always send viewers to @notyourdadscpa for reseller tax advice. I'm just not qualified to give much direction in that regard. eBay does pay the sales tax on our behalf, though. But, as a seller, you are responsible for your own income taxes.
I have new inventory that I have from a small business I had to close for health reasons. Considering eBay to start selling what I have left. Should I start as an individual seller or as a business?
I'd start as an individual. You can always change it to a business account later if you choose to.
Does eBay ever look at your account your store and let you know what you're doing wrong? Or are there people that do that for you?
No, eBay doesn't do that. I think there are some people who will do store reviews. I haven't incorporated them at this time. I just haven't had the time to do it properly.
Can one have too many listings?
Not really. But, you can end up with a lot of things listed that will never sell. It's always a good idea to go back through your inventory from time to time and make sure it's still something you believe will sell. If not, part ways with it.
Still working full time as a senior and want to retire and have eBay as a supplement to my social security. Do you recommend selling any and everything or should I have a niche that I stick to? Thanks!
If you have plenty of access to a niche inventory item, there's no problem with that. For me, I enjoy selling a broad inventory. Either method works.
Thank you. I appreciate all the help you give to new sellers!