sourcing is by far the biggest challenge of reselling and central to the viability of the business. ie not just finding the product, but finding it at a price that a profit can be made from it. Everything else can be figured out with a few months of experience. 99% of youtube reselling videos make sourcing look easy and are only useful for helping with everything that is downstream from that. But that is to be expected, as it is a competitive space and nobody should feel entitled to having that information spoon fed to them.
@@Lupi33zyea o can definitely understand that, i think your right in terms of it being tough to show all of those options Wales if the are options that you have had to work for to get (not just a walk in buy what you want situation)
Oh we have been missing these motivational videos 😊...we don't do a lot of garage sales, actually none so have been skipping through your last few videos 😂. However our current supply of stock is getting more participants hence we're paying more so now we're having to look elsewhere. That elsewhere is garage sales 😮😂. So we'll be reviewing your past few recent videos 😊. We're a couple of retired oldies doing eBay as a full-time job and have surpassed our goals for the past month. However in the past month also we've encountered competition, so we're back to the hardest part of eBay, sourcing. We dislike op shopping, we'd rather go to auctions but here in WA there is one for what we buy. Anyhow that's enough, we love your content thank you 😊.
Appreciate you coming along, we’ve been loving the garage sale videos but understand they aren’t for everyone… hopefully plenty more of these coming up with a mix of some more garage sales. Competition is definitely one that I didn’t cover off in this one but is a very important part of the journey being able to pivot and adjust like it sounds like you guys are is a key skill to have as a reseller.
Cracker of a video!! 🎉 There is so much more to consider if you want to be a full-time reseller as opposed to using it as a side hustle!! For those of us who do have the drive (and probably ADHD 😂) and love what we do there’s no better job out there! 🤩 BTW Jaz I just LOVE the denim jacket! Sweet!! ❤ And Brad that beard impresses more each time I see it!! ❤
Oh absolutely it isn’t an easy job to maintain over a period of time we all get lucky here and there but the day to day is more difficult to maintain that flow.
Great Video Guys! Yes, anyone can do reselling but full-time is a completely different beast with the current cost of living! Even more challenging when you add kids into the equation! lol! Props to all the Full time reseller families out there!! 💪🏿
Haha thanks Legend, yea thinks it’s an important discussion, there are soo many positive things about going full time as long as long as the individual has considered the whole picture. Very easy to jump in and find out it’s not as easy as it might look in a short form video.
Very true Shelley, you have to be very self motivated in this game… not to scare people off at all just a reality check as sometimes it’s hard to show what it actually takes on RUclips in a condensed 10-15 min video.
You couldn't run a business sourcing from thrift stores in Adelaide in 2023. There's practically nothing of resale value in them anymore, if you're doing the mainstream categories like clothing and books. Maybe Savers when there's a 50% off sale you might find something if you can beat the rush, but there's nothing in all the others.
yea its harder than it has been but i still think its possible, it does take learning some new categories and being at the right place at the right time.
More work for the same money ... Why not put the money to work on autopilot and have means to an end and enjoy your time you have created ? Or just purchase Liabilities and depreciating Items that were potentially over priced I. The first place ... I'd rather buy A $100,000 in great food than an I8
For me I'd love to do it full time, but right now with my normal job which is shift work and I work 6-7 days a week I find it hard to find the time, its a catch 22, I spend my days off my normal job still working on the reselling side, sourcing and listing ect, but in saying that I enjoy it. I started of turning $1 into $5 then I started sourcing items that would sell for $10 with a $1 cost, not though I only look for $13 or higher, its gradually growing and I'm continually learning. anyway a bonus for me and what I do is I don't need streaming services when I've got all this media (DVDs,BluRays,VHS, CDs & Books) on hand. I'd even love to start filming for youtube to help in away of promotion but its time constraints. Love the vids and the success you guys have.
That’s awesome man and very similar in how we built It up working on it as much as we could after our jobs until it got to a level where we could start spending more time on it and then it became our full time job.
The average full time job in Australia pays $70,000 per annum with 4 weeks paid leave and sick leave and superannuation and no working weekends. Reselling full time will never give you that sort of money with the benefits, because as you mentioned there is so much work involved. So why do it? Well if your on minimum wage in retail for instance then yes you may be able to make more money, depending on economic conditions which right now aren’t favourable for selling. The number one reason is freedom. You are in control of what you do, no one tells you what to do, no office politics, you choose your hours. Freedom and fun VS money and stability.
fulltime employment isn't an entitlement for everybody either...particularly if you're older (wrong side of 50), options shrink to close to zero - so for some, reselling is one of the few options available to generate an income stream
once again great advice. I am no where near being or wanting to be full time, but I have certainly learnt a lot, changed structures, pivoted and sourced better and it is thanks to you and other resellers sharing your wisdom, experience and challenges. I can see now I am slowly starting to get better therefore better returns. I'd just like a few more followers to my store, but hey can't have everything 😅
I love that people can use reselling as a per time / sidehustle I honestly think for most people that is the way to do it. You’ve got an awesome eye though so I’m sure when and if you go full time you will smash it. Thanks as always for the continued support ❤️ we really appreciate it 🙏
It’s definitely a challenge but they are actually one of the most affordable fee structures around.. but if you can do it without them than all lower to you that’s awesome
It's definitely a lot but we love the hustle. We just know that it isn't for everybody and no one should feel pressure to scale bigger than they want or need :)
What are some of your biggest challenges as a reseller?
sourcing is by far the biggest challenge of reselling and central to the viability of the business. ie not just finding the product, but finding it at a price that a profit can be made from it. Everything else can be figured out with a few months of experience. 99% of youtube reselling videos make sourcing look easy and are only useful for helping with everything that is downstream from that. But that is to be expected, as it is a competitive space and nobody should feel entitled to having that information spoon fed to them.
My major challenge is my numbers… I avoid them
@@sandrageach5955it’s definitely a tough part of it but it’s an important part of you keep on top of them week on week it’s easier to maintain.
@@Lupi33zyea o can definitely understand that, i think your right in terms of it being tough to show all of those options Wales if the are options that you have had to work for to get (not just a walk in buy what you want situation)
Space, I'm constantly sorting product so I can walk around my sheds again.
Oh we have been missing these motivational videos 😊...we don't do a lot of garage sales, actually none so have been skipping through your last few videos 😂. However our current supply of stock is getting more participants hence we're paying more so now we're having to look elsewhere. That elsewhere is garage sales 😮😂. So we'll be reviewing your past few recent videos 😊. We're a couple of retired oldies doing eBay as a full-time job and have surpassed our goals for the past month. However in the past month also we've encountered competition, so we're back to the hardest part of eBay, sourcing. We dislike op shopping, we'd rather go to auctions but here in WA there is one for what we buy. Anyhow that's enough, we love your content thank you 😊.
Appreciate you coming along, we’ve been loving the garage sale videos but understand they aren’t for everyone… hopefully plenty more of these coming up with a mix of some more garage sales.
Competition is definitely one that I didn’t cover off in this one but is a very important part of the journey being able to pivot and adjust like it sounds like you guys are is a key skill to have as a reseller.
Cracker of a video!! 🎉 There is so much more to consider if you want to be a full-time reseller as opposed to using it as a side hustle!! For those of us who do have the drive (and probably ADHD 😂) and love what we do there’s no better job out there! 🤩 BTW Jaz I just LOVE the denim jacket! Sweet!! ❤ And Brad that beard impresses more each time I see it!! ❤
Oh absolutely it isn’t an easy job to maintain over a period of time we all get lucky here and there but the day to day is more difficult to maintain that flow.
Great Video Guys! Yes, anyone can do reselling but full-time is a completely different beast with the current cost of living! Even more challenging when you add kids into the equation! lol! Props to all the Full time reseller families out there!! 💪🏿
Ohh for sure man I don’t know if I could manage it with kids especially at a large scale. Smashing it 🙏
I've been reselling full-time on ebay since December 5th 2016. I tell people it's not a job, it's a lifestyle.
That’s very good way of explaining it haha thanks for watching
Great video. Absolutely nailed the points. I’ll have to share this video with a few people who have been thinking of doing reselling full time 😂
Haha thanks Legend, yea thinks it’s an important discussion, there are soo many positive things about going full time as long as long as the individual has considered the whole picture. Very easy to jump in and find out it’s not as easy as it might look in a short form video.
All absolutely true. It's the greatest job - if we can get ourselves up and going to get the income. (hopefully you did scare some people off 😂)
Very true Shelley, you have to be very self motivated in this game… not to scare people off at all just a reality check as sometimes it’s hard to show what it actually takes on RUclips in a condensed 10-15 min video.
Great advice to all resellers. Thank you for sharing your experience and knowledge with us. Look forward to your next hunt. Cheers
Thanks mate, hopefully gives some that are looking to make the switch to full time
Some context before jumping on in.
You couldn't run a business sourcing from thrift stores in Adelaide in 2023. There's practically nothing of resale value in them anymore, if you're doing the mainstream categories like clothing and books. Maybe Savers when there's a 50% off sale you might find something if you can beat the rush, but there's nothing in all the others.
yea its harder than it has been but i still think its possible, it does take learning some new categories and being at the right place at the right time.
I think learning women's clothes is beyond me though @@2AussieThrifters 😄
Nicely said. Video very well made too, has to be said: should be garnering a tonne of views imo.
Really appreciate that legend haha hopefully RUclips thinks so too and pushes it out to a few more people 🙏
Straight, simple vid, and yes passion is the main ingredient, won’t go far without it
Ohh definitely it’s the only real ingredient that will drive you to success.
Keeping it real as always! Thanks guys.
Thank you we always try to show what it’s really like 🙏
Metrics. Now do them in your head. This is the way. Haha
Oh for sure man, that’s the advantage of learning more categories more pieces of information you can plug into that mental formula.
More work for the same money ... Why not put the money to work on autopilot and have means to an end and enjoy your time you have created ? Or just purchase Liabilities and depreciating Items that were potentially over priced I. The first place ... I'd rather buy A $100,000 in great food than an I8
Great video guys!
Thanks Ethan an important one I think 🙏
Thank you
Thank you for watching 🙏
🦆🦆🦆
They look like some ducks in a row 😉
Definitely great advice I’m still currently a side hustle reseller but hope to turn it full time eventually
Love that it’s a great way to do it build it up while you can and then when the numbers add up take it to that next level.
Awesome advice guys! Love the friends reference 😂
Pivot Pivot 😂 haha classic thanks for watching legend hopefully it helps people have all the right conversations before jumping in 🙏
great video, simple but truthful.
Thank you i think it is an important discussion
For me I'd love to do it full time, but right now with my normal job which is shift work and I work 6-7 days a week I find it hard to find the time, its a catch 22, I spend my days off my normal job still working on the reselling side, sourcing and listing ect, but in saying that I enjoy it.
I started of turning $1 into $5 then I started sourcing items that would sell for $10 with a $1 cost, not though I only look for $13 or higher, its gradually growing and I'm continually learning.
anyway a bonus for me and what I do is I don't need streaming services when I've got all this media (DVDs,BluRays,VHS, CDs & Books) on hand.
I'd even love to start filming for youtube to help in away of promotion but its time constraints.
Love the vids and the success you guys have.
That’s awesome man and very similar in how we built It up working on it as much as we could after our jobs until it got to a level where we could start spending more time on it and then it became our full time job.
The possibility of having the fun taken out of it is what worries me the most.
It still can be fun haha it’s still the best job we’ve ever had.
Great Video. Im a FT Reseller and work solo from my garage. Its fun for sure and does have its challenges.
Thanks Man, that's the best thing about this job is you can do it at whatever scale you want to or can dedicate the time to.
Good practical advice guys. Love it
Thanks mate think it’s a part of reselling that doesn’t get covered enough.
Sourcing the biggest challenge at the moment, prices are extremely high and a lot of competition.
Definitely a challenge i think networking is the biggest part of getting ahead now.
Love your videos guys! I just do it as a hobby and sometimes my kids get involved. They love it when it's council pick up time.
Aww that's awesome we love to hear that families are doing it together its a cool learning opportunity for kids too, thanks so much for the support.
The average full time job in Australia pays $70,000 per annum with 4 weeks paid leave and sick leave and superannuation and no working weekends.
Reselling full time will never give you that sort of money with the benefits, because as you mentioned there is so much work involved.
So why do it?
Well if your on minimum wage in retail for instance then yes you may be able to make more money, depending on economic conditions which right now aren’t favourable for selling.
The number one reason is freedom. You are in control of what you do, no one tells you what to do, no office politics, you choose your hours.
Freedom and fun VS money and stability.
Oh for sure, the freedom is definitely a trade off for the pay cut although I could see 70k as achievable as a reseller in pocket.
fulltime employment isn't an entitlement for everybody either...particularly if you're older (wrong side of 50), options shrink to close to zero - so for some, reselling is one of the few options available to generate an income stream
Feel a full time reseller for 2 months now and loving life
That’s awesome congratulations it definitely still the best job we’ve had 🙏
once again great advice. I am no where near being or wanting to be full time, but I have certainly learnt a lot, changed structures, pivoted and sourced better and it is thanks to you and other resellers sharing your wisdom, experience and challenges. I can see now I am slowly starting to get better therefore better returns. I'd just like a few more followers to my store, but hey can't have everything 😅
I love that people can use reselling as a per time / sidehustle I honestly think for most people that is the way to do it. You’ve got an awesome eye though so I’m sure when and if you go full time you will smash it. Thanks as always for the continued support ❤️ we really appreciate it 🙏
Great video as always x
Haha thank you an important discussion 🙏
Ebay sux with there fees I'm a reseller and I do well with out ebay most of the time 95%
It’s definitely a challenge but they are actually one of the most affordable fee structures around.. but if you can do it without them than all lower to you that’s awesome
Where else do you sell? Is it even possible to do this without eBay?
Excellent advice thank you 😊
Thanks Sandra i think it’s an important discussion.
For realsies 😊
The hard truth sometimes 🙏
Thank you great video 🙏 😊
Thanks for watching we appreciate the support ❤️
Great pointers guys. Working full time would have you under pressure plus you’re putting out RUclips videos.
It's definitely a lot but we love the hustle. We just know that it isn't for everybody and no one should feel pressure to scale bigger than they want or need :)
Hey, guys! Granny sent me! New sub here!
Hey thanks so much for coming on over I hope you enjoy it here 🙏