I'm on my second watch and taking notes this time! This is exactly where I'm at trying to scale. I was trying to list 6 a day consistently and build a bank but, as it's a new habit, I've been struggling to add to the bank AND do the 6 a day. I'm going to scale back my actual listings as you suggest, that way I can build my bank up properly and have something to fall back on if need be. I'm not selling 1 a day consistently yet, so hopefully this will help. Very useful, thank you!
Exactly what I needed, Chris! Working on my 100 item challenge, but once that's complete and I start outside sourcing, I'm following this model. Thanks!!!!
Very helpful. Am listing 3 per day. Have 71 active listings and inventory. Am trying to get my lighting/photo booth working better. Sales are starting to pick up 2-4 per week. I think I can! I think I can!
Love when you said ‘your spouse doesn’t have to listen to you talking about reselling..’ so true! And with with the kids too, as their eyes gloss over 😂
I was in a Facebook group where someone recommended your channel. This is the first vid I watched and it validated what I have begun doing. I am that person you describe, list 2 items a day with 150-200 items. I felt this was a good strategy and to have you explain how growth happens from an experience POV is great. I am still working full time but will retire this time next year. By then I hope to be able to supplement my income so I don't have to worry and can put back funds for travel or emergencies. It is good to know I am on the right track.
This was really helpful, especially when you explained the reason not to list a lot every day and just do it small but consistently. I’ve not long been doing this on eBay and I love your videos. Thanks so much.
Something like this is also good for people like me that still have a limit on how much money they can put to sourcing. So if you can't source every day something like this is good you can get a bulk by for a good price but you can't source for a week so taking that bulk buy and picking items out 1, 2, or 3 at a time every day is a really good idea to keep sourcing but keeps you within your means.
First time commenting on one of your videos , but I wanted to say your a blessing dude everytime I'm having thoughts on my next move you pull a professor Xavier on me lol Much respect from Canada 🇨🇦
Still growing..I started listing a lot daily and I switched listing wayyy less results more sales and daily sales Awesome we appreciate it you THANK YOU My slam..make progress daily
I was the list 20, list 5, list 14, per day person with the results you spoke of--1 sale, no sales, two sales etc. Going to go back to square 1 and start the 2 a day process with the reserve bank forward.
Cannot stress how important that draft bank is. I was listing 3 a day, started to go full time and jumped to 20 listings 4 days a week, 10 going live every day. The theory was good, that I could slowly build up that bank. But then a parent was in the hospital for 2 weeks and needed a fair amount of care at home after. That care would be just me. lol I was doing really well but anything can happen. Now back to 3 a day, usually selling 3 a day, and building that bank up pronto. Plan to be up to 5 a day by the end of the month and stop there for awhile. I'm sourcing better so ASP is better, leaving all the $20 crap behind. Lost 20% of sales from March to April, now slowly bringing that back up.
And we are grateful to you Chris that you talk about it “ endlessly” to us 😊😊 I esp needed to hear listing consistently increases eBay sending traffic my way. Easy to forget in the day to day. 🙏🏼🙏🏼
You made a good point at the end of the video about selling similar things so eBay knows what customers to send to you. I’m currently an “everything” seller. So I don’t know how that will impact me in these early stages. I only started 2 days ago and have 7 listings up. Lol, I’m just a baby!
Killer info as always... I just wish you would once do a video on how specialized of a niche one should go. Mens clothing, men's shorts or only a specific brand of men's shorts?
Thank you for your video. I subscribed for your podcast and I learn something new everyday. I started few months ago part time. April is a first full time month of selling. I do 5 listings a day and so far I have 2 sales/day. The problem is I sell everything and like you mentioned, I have really good items but very low traffic/views etc. Can you grow with selling everything or focus on one category ASAP? Many thanks.
I have over 1400 listings on eBay and I’m listing 10-15 a day (every day) and still I’m having maybe one sale if I’m lucky 🤦🏻♀️ and it’s not garbage items. Seriously I don’t know what is wrong with my store
Great video. You are being very specific. Are there specific listing jumps you would recommend? 2 to 4, then 4 to ? Right now I am listing and selling 7 but I'm still going to do what you are saying because I'm feeling stalled. I have no draft bank. Thinking I should put 140 in the draft and then go to 10 per day until I catch up to that in sales. Do you think this will cause slower growth than listing twice as many as you are selling?
My store is large (2100 items) 1800 of those are under $5. When i used to list, i would pick a saturday and list 150-200 items a day. Currently listing 5 items per day for the last 2 months. What should i do? End old listings and relist?
i have 1000 items, list 10 daily and get 2-3 daily. I buy wholesale so dont spend barely anytime sourcing. Is there another way i should go about this?
Do you look for specific items and terms online? I have a catalogue in my head I'm trying to expand. I will search like 'Nintendo' , 'mini fridge' , 'microwave' 'TV' etc. Or do you just go through an area's local listing, whatever is up at the time?
so i do list about 10 items per week my store is at 100 listings my inventory is at a unit i rent and cant get there every day to list so would scheduled 2 listings per day be better for me to get the algorithms on my side thanks great information
Could you please give me an answer to a question? If a store has $435,000 of inventory in it according to ebay and the seller does $365,000 in sales per year and makes $73,000 profit is that good or bad? Would the clothing business make way more profit than the business example I used? The seller only does 4,500 packages per year which averages $16 per box profit. You really know numbers better than anyone so I hope you can tell me if good or bad. The business can scale fairly easy.
@@dailyrefinement You can't go off the numbers I have? That is all the info I was given. I want to buy the business so I was hoping for a quick answer.
You can google that and eBay will recommend a store based on your store size! Personally I was able to make a full time income on ebay before even signing up for one by just focusing on good items
thank you - does ebay favor stores over non-stores with the same # of listings? - i have 209 listings but no store and wondering if i should switch to having a store. Any thoughts? tks.
I closed my store last summer and honestly no difference in traffic. I miss the coupons for free supplies but otherwise happy with my choice. That’s just in my experience though, I’m sure others may see it differently
what is your system for what you do with the stuff that you have future listings ready for but not listed yet. do you have a section in your warehouse etc that you stack up all the stuff that will be listed soon but isn't yet or do you go hang it on the racks assuming it will be listed soon?
May have to watch this a couple times bc it’s a lifetime of info in 8 minutes, lol
I'm on my second watch and taking notes this time! This is exactly where I'm at trying to scale. I was trying to list 6 a day consistently and build a bank but, as it's a new habit, I've been struggling to add to the bank AND do the 6 a day. I'm going to scale back my actual listings as you suggest, that way I can build my bank up properly and have something to fall back on if need be. I'm not selling 1 a day consistently yet, so hopefully this will help. Very useful, thank you!
Exactly what I needed, Chris! Working on my 100 item challenge, but once that's complete and I start outside sourcing, I'm following this model. Thanks!!!!
Very helpful. Am listing 3 per day. Have 71 active listings and inventory. Am trying to get my lighting/photo booth working better. Sales are starting to pick up 2-4 per week. I think I can! I think I can!
I think you’re close, at 10 sales a week, you’ll be in a safe spot!
Love when you said ‘your spouse doesn’t have to listen to you talking about reselling..’ so true! And with with the kids too, as their eyes gloss over 😂
😂😂 So true. I ask my daughter if I'm boring her. She replies with an attentive "yes", but I have my doubts...
I was in a Facebook group where someone recommended your channel. This is the first vid I watched and it validated what I have begun doing. I am that person you describe, list 2 items a day with 150-200 items. I felt this was a good strategy and to have you explain how growth happens from an experience POV is great. I am still working full time but will retire this time next year. By then I hope to be able to supplement my income so I don't have to worry and can put back funds for travel or emergencies. It is good to know I am on the right track.
That’s great, so happy someone found my stuff useful enough to share
This was really helpful, especially when you explained the reason not to list a lot every day and just do it small but consistently. I’ve not long been doing this on eBay and I love your videos. Thanks so much.
Something like this is also good for people like me that still have a limit on how much money they can put to sourcing. So if you can't source every day something like this is good you can get a bulk by for a good price but you can't source for a week so taking that bulk buy and picking items out 1, 2, or 3 at a time every day is a really good idea to keep sourcing but keeps you within your means.
First time commenting on one of your videos , but I wanted to say your a blessing dude everytime I'm having thoughts on my next move you pull a professor Xavier on me lol Much respect from Canada 🇨🇦
Thank You!
Still growing..I started listing a lot daily and I switched listing wayyy less results more sales and daily sales
Awesome we appreciate it you
THANK YOU
My slam..make progress daily
Thank you, Chris! In my opinion, this is likely one of the most realistic and helpful videos I've ever seen you do!!
Thanks the category bit, that really made sense as I have too many focused on.
I was the list 20, list 5, list 14, per day person with the results you spoke of--1 sale, no sales, two sales etc. Going to go back to square 1 and start the 2 a day process with the reserve bank forward.
Cannot stress how important that draft bank is. I was listing 3 a day, started to go full time and jumped to 20 listings 4 days a week, 10 going live every day. The theory was good, that I could slowly build up that bank. But then a parent was in the hospital for 2 weeks and needed a fair amount of care at home after. That care would be just me. lol I was doing really well but anything can happen. Now back to 3 a day, usually selling 3 a day, and building that bank up pronto. Plan to be up to 5 a day by the end of the month and stop there for awhile. I'm sourcing better so ASP is better, leaving all the $20 crap behind. Lost 20% of sales from March to April, now slowly bringing that back up.
Brilliant video, great timing too just what I needed to hear, thanks Chris 👍
And we are grateful to you Chris that you talk about it “ endlessly” to us 😊😊 I esp needed to hear listing consistently increases eBay sending traffic my way. Easy to forget in the day to day. 🙏🏼🙏🏼
thanks so much! lots of helpful info!
Thank you for sharing your knowledge. Love your channel.
Exactly what I needed to hear today, thank you!
You made a good point at the end of the video about selling similar things so eBay knows what customers to send to you. I’m currently an “everything” seller. So I don’t know how that will impact me in these early stages. I only started 2 days ago and have 7 listings up. Lol, I’m just a baby!
This was exactly what I needed to hear! Thanks👏🏻🏆❤️
Killer info as always... I just wish you would once do a video on how specialized of a niche one should go. Mens clothing, men's shorts or only a specific brand of men's shorts?
Great plan! Thanks!!
Thank you for your video. I subscribed for your podcast and I learn something new everyday.
I started few months ago part time. April is a first full time month of selling. I do 5 listings a day and so far I have 2 sales/day. The problem is I sell everything and like you mentioned, I have really good items but very low traffic/views etc.
Can you grow with selling everything or focus on one category ASAP?
Many thanks.
Thank you so much. I need to start my store over, at least clean it up.
I have over 1400 listings on eBay and I’m listing 10-15 a day (every day) and still I’m having maybe one sale if I’m lucky 🤦🏻♀️ and it’s not garbage items. Seriously I don’t know what is wrong with my store
Great video. You are being very specific. Are there specific listing jumps you would recommend? 2 to 4, then 4 to ? Right now I am listing and selling 7 but I'm still going to do what you are saying because I'm feeling stalled. I have no draft bank. Thinking I should put 140 in the draft and then go to 10 per day until I catch up to that in sales. Do you think this will cause slower growth than listing twice as many as you are selling?
You are listing 1 a day and selling 7 a week or a day?
@@FeliciaWilcoxFloridaRealtor I am listing and selling 7 a day.
That’s a good problem to have!
My store is large (2100 items) 1800 of those are under $5. When i used to list, i would pick a saturday and list 150-200 items a day. Currently listing 5 items per day for the last 2 months. What should i do? End old listings and relist?
Do I have to list something everyday for ebay to show my items
Thanks!
i have 1000 items, list 10 daily and get 2-3 daily. I buy wholesale so dont spend barely anytime sourcing. Is there another way i should go about this?
Thanks liked subscribed👍👍✅✅
Do you look for specific items and terms online? I have a catalogue in my head I'm trying to expand. I will search like 'Nintendo' , 'mini fridge' , 'microwave' 'TV' etc. Or do you just go through an area's local listing, whatever is up at the time?
Hello Chris.
so i do list about 10 items per week my store is at 100 listings my inventory is at a unit i rent and cant get there every day to list so would scheduled 2 listings per day be better for me to get the algorithms on my side thanks great information
How many does the draft bank hold now is it 200
Fantastic!
Could you please give me an answer to a question? If a store has $435,000 of inventory in it according to ebay and the seller does $365,000 in sales per year and makes $73,000 profit is that good or bad? Would the clothing business make way more profit than the business example I used? The seller only does 4,500 packages per year which averages $16 per box profit. You really know numbers better than anyone so I hope you can tell me if good or bad. The business can scale fairly easy.
Email me at chris@dailyrefinement.com, so I can take a look
@@dailyrefinement You can't go off the numbers I have? That is all the info I was given. I want to buy the business so I was hoping for a quick answer.
I have over 800 listing,selling a 2 or 3 a week..
At what point would you recommend paying for an eBay store?
You can google that and eBay will recommend a store based on your store size! Personally I was able to make a full time income on ebay before even signing up for one by just focusing on good items
thank you - does ebay favor stores over non-stores with the same # of listings? - i have 209 listings but no store and wondering if i should switch to having a store. Any thoughts? tks.
I closed my store last summer and honestly no difference in traffic. I miss the coupons for free supplies but otherwise happy with my choice. That’s just in my experience though, I’m sure others may see it differently
Store give you more marketing and statistics tools - very useful)
Every time you level up do you double your listings?
I wondered about that. It's easy going from 2 to 4, but going from 10 to 20 is a big jump.
You put out a video that you were selling your stock and going out of business. Now selling again?
Tell me you didn't watch the video without telling me you didn't watch the video.
Lol
I’m always going out of business in the title but doing fine in the video. My bad.
Nothing to do with the current video. Months back you put out a video of an empty space and you were done reselling.
@@markf232 Have you heard of click bate? Watch the actual video(s) 😉
😀
Why do u need to schedule I don't
But if you did it can multiply your business
what is your system for what you do with the stuff that you have future listings ready for but not listed yet. do you have a section in your warehouse etc that you stack up all the stuff that will be listed soon but isn't yet or do you go hang it on the racks assuming it will be listed soon?
I put them back in the system