Some EBAY Resellers Aren't Going To Like This But It Needs To Be Said
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- Опубликовано: 1 окт 2024
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I've been buying and selling on eBay for 24 years I think the biggest problem that resellers encountered was the pandemic. It created an artificial bubble in the online selling world. Selling anything online was easy and items went for a lot more than they should have. Everything is crashing back down to pre-pandemic. A lot of eBay resellers either don't remember pre-pandemic or started during the pandemic. I've pretty much have the same motto pre-pandemic during pandemic and post pandemic. Researching what items sell and what items don't sell. I sold collectibles during the pandemic at really inflated prices. I have gone to look back to see what those items are going for now and it's somewhere around a 70% drop in price. We all just need to put in a little bit more work to make this reselling business profitable.
It's always an adapting business. If you don't adapt you won't succeed and you always have to learn new knowledge. I agree with you.
1000% agreed
Yea, a lot of those new people were rejected by their jobs they thought they’d be at forever too so when they found out it was so easy to sell on eBay they were shocked after working for tools their whole lives. So to keep the magic going they lowered their prices a lot and tanked a lot of markets but not all. I sure miss buying and selling video games during the lockdown though. Just wow 😂😅
Great video and observations. I've been selling on eBay since the mid-1990s and you can always count on change in the reselling and sourcing world. It was like that long BEFORE eBay was a thing. Flea markets, yard sales, auctions - if you were a collector or a reseller you knew that one year you might get lucky and score your favorite stuff (mine was buttons back in the day) for next to nothing. And then someone like Martha Stewart comes along and does something with buttons in a magazine and WHOH, now they cost a fortune. Or in sports a team you love was just mediocre and then they get good. Or the price of copper goes through the roof and you can't get those pipe scraps people used to throw away. I think as long as you love what you do, you keep yourself educated and you roll with the punches you will be able to survive most any change. You don't have to like it, but you shouldn't let it get you down or force you out of the game. Resellers are the best at making something out of nothing.
Happy Friday Eve Kevin, you just keep being you ❤ we sincerely appreciate YOU. Have a two thumbs up Thursday 👍 👍, Cheers from Washington State 💓
So many changes in this business over the years..... if only we could go back to getting checks and cash in the mail.....lol
I remember getting money orders for 5 6 7 bucks for gi Joe's. They always showed up. Never got scammed and was never worried about being scammed
lol
I'm weary of being pushed by sellers to so many platforms
If you don't have a RUclips channel, don't use whatnot. You have to give stuff away. I had a show with 50+ Items and started the bids at 50-60% lower than eBay prices and didn't sell a single thing. Small sellers on Whatnot get taken advantage of.
I think Temu is having some effect as well. I haven’t sold an inflatable this season, and found out last night that Temu has them very cheap.
the secret is to sell what other sites like that and Walmart and amazon don't sell so basically don't sell mass produced items where there are 100's or 1000''s it all comes down to knowing what categories to source anything you find at big box stores stay away from this is one of my rules it has not done me wrong in 25 years of full time reselling.
Whatnot has no effect on ebay sales……Whatnot is just for influencers who have a following……
The numbers say otherwise. It is taking a larger and larger market share every day. They use influencers but I know tons of people who go on the 1000's of auction on there every day to buy.
@@commonwealthflipper I just don't see it Kevin. Can you share statistics with us than indicate Ebay is losing significant market share? I still believe Whatnot is a pimple on a flea and IF they ever became anything resembling threatening, Ebay will simply acquire them, but I don't see that ever happening. ✌
Everything in the reselling is based on the individual. Me personally I only require $1200-$1500 @ month in sales I am retired with pension & insurance. I been doing ebay for 22 years my sales are not for household income it for my operation cost, and my grandson activities with his Pappy. My sales this year vrs last year are up 37.9% year to date. I personally focus on listing, good photos, good listing & ship daily.
No Q4 it’s dead
A Nightmare Before Christmas tape dispenser was my very first purchase on ebay. 20 years later, not only do I still shop on ebay but now I sell on ebay and still use that same nbc tape dispenser everyday. ❤ 💙
I'm like you. Don't like change and that's why I have hesitated to start selling on ebay. I have decided to take a leap of faith and start after the holidays. After watching your videos I get excited and think I can do it. You are always so encouraging and I thank you for that.
"If it ain't broke don't fix it" My 2023 ebay sales are up 14% over the same period in 2022. Ebay will continue to be my thing until it isn't. My attention is not divided. Sure it is that there have been many changes the last 7 years but just paying attention and slow changes have kept me current.
No doubt my friend.
Gotta be those body tapes taking your sales to the moon, Todd! 😅
I stopped going to Goodwill when they raised the hat price to $6
Lol. I stopped at $2.
My husband and I only go to Goodwills to look through the bag toys. Sometimes you find the one little toy worth money slip through. Non-profit thrift shop are still the best shop to go to.
Q4 sales almost non existent.. Worst in the seven years I’ve been selling..enjoy your videos, but unfortunately my selling experience is not at all like yours.. I’ve tried everything to increase sales, but nothing works.
If you have a great week of sales, you can be assured the next 4-6 wks of sales will be nearly nothing.. I’ve tracked this and the pattern is the same every time… Glad you’re experience remains good
My sales are up and down, trying different things, and actually had a good sales day yesterday. What I've been doing - praying over my business (something I tend to forget), backing out of promoted listings. Listing 10 items a day, at least 5 days a week. Ending and selling similar 200 listings, 5 days a week; when I do, I tweak my asking price, make sure immediate payment is on, 'cause ebay has removed it on me, stop promoting, also I'm removing local pickup, I have found that buyers get confused for some reason, and in 11 years, I have had maybe 3 local pickup sales. One day at a time, I also quit cross posting, I spent so much time on that, and made about $1500 this year on Mercari, and $50 on FBMP. Not worth my time. Hope this helps, it seems to be working for me.
This is 100% true. It seems like Ebay has a selling limit for each seller and when you hit that amount, they stop showing your items.
Scratching my head on the Sorel boots, in my experience if they sell fast you priced to low, if you wanted $50 why don’t you list for $50? You set the price, did you take an offer? Just asking cause I don’t understand how you listed them, auction maybe? 🤔
Pokemon Balls, Nike FSU Jacket, Rever Ware Kettle, NY Yankees T-shirt, Cars Mini's, Tupperware Egg Keeper, VT Practice Jersey, IZOD Sweater, Sorell Boots, Beanie Oddball and Domino, Siemens Hearing Aids, Cobra Hiss Tank, Frosty the Snowman Inflatable, Auburn Tigers Jersey, Merchandise, Thanks Kevin for the video Take Care Hope you and your family are doing well Out
Thank you for putting some words to some things that I've been noticing and feeling for the last year or so. I guess I'm lucky in that plush and VHS have been the primary places I've noticed it. I still pick them up, but they have to be pretty good. The other stuff I sell has stayed pretty consistently good, but exceptionally good the last month +.
I started with eBay when it was called Auction Web. Back in the Good Ole days. After the name change, I started my eBay account Oct ‘97 and spent the next 20+ years buying and selling occasionally. I just got serious about selling about 3 years ago. There have been so many changes not only on eBay but the market space in general. I think that we have to embrace change regardless of where it comes from. There is no harm in selling on other spaces if you are good with it. I sell on Mercari and Poshmark and will probably start selling on Whatnot next year. I like knowing that I have some diversification should something go wrong on any platform. We don’t know what is coming next or what could happen to any of these selling platforms. Be prepared or be prepared to be left out. Change will come whether we like it or not. Great Video again and a well thought out subject. Thanks Kevin!
yep Diversification is KEY to having a successful online reselling business i started full time in 98' and diversified from the start on ebay amazon and yahoo auctions now 25 years later im on 10 plus platforms my own website and i do face to face sales via FB marketplace, Craigslist, Flea Markets and setting up at shows. You have use any and all reselling avenues that you can to really stay afloat and ahead of your competition im just glad i was taught about diversification 25 years ago by a wise reseller told me to make divarication the center of your business diversify where you source, what you source, where you sell and the price points at what you sell at if you do all these you will never have to worry and you will never be beholden to any one platform or reselling channel if you have multiple eggs in your reselling basket
Ebay is still King! Great video sir. Much love and respect.
They are and probably will be for a while. But remember KMart and Sears were once also King.
@@commonwealthflipper Woolworth is still pumping in Australia.... lol one thing eats the next.
I sell on Whatnot and I love the streams BUT there are too many sellers and not enough serious buyers at this point in time. This means that often items sell for much less than eBay for the average seller. However I can easily sell 30-50 items in an hour or two so to me the trade off can be worth it because sone of those items can sit on ebay for 6 months+
However, I think that once Whatnot gets more buyers its gonna be seriously amazing. That is unless eBay live gets going....
and if your a business and your model is long tail items (6 months+ ) then this is no issue many many resellers are using whatnot as a sourcing tool because just because you cant sell it or don't want to wait for it to sell doesn't mean others are willing to do what you are not i guess its a win win (especially if sellers are willing to give there items away for next to nothing on whatnot) only way you can really make money on there is if you have a SOCIAL media following this is fact many YT'ers have admit that its basically a sit for those YT'ers that have the LIST it and flip it quick model and not the list it and forget about it model but yes until they get a 1 to 1 ratio of items to buyers those without a Social media following are going to keep just giving there inventory away for next to nothing
I really like the way you broke this down. Change is inevitable. Those who refuse to change, are often the ones struggling with sales. The way you change is completely up to you. I have zero desire to do live selling, but I have shifted the types of items I source multiple times in last few years and my sales have exploded. I do not always agree with your takes, but you hit this nail on the head. Thanks for the video.
Well thank you. Nobody always agrees. I often disagree with myself a few months after I've thought something.
@@commonwealthflipper 🤣🤣🤣
I could sort of see what not being the main marketplace for small low priced items , I remember dave using it to get rid of low price items a while back then you see him and you too out buying stuff with the main idea to sell it on what not , its sort of taken the place of selling lower priced items with a quick look them its the not for the higher priced items with pictures that you can study and blow up and a nice description . I watched a little bit of your what not sale last night its not really for me because im not a quick buyer i like to look compare prices and set back and make a decision on to buy or not . But like you say its not for everyone and it does have its place in the market .
I was a seller for 18 years and what I sold definitely changed. Never did sell recently made mass-market items, except for things like printer ink left over when a printer keeled. Lower end vintage ANYTHING has always bottomed out first; the high end has always maintained its value better, for longer. It happened to jewelry and furniture, and it will happen to everything else too sooner or later. Chain thrift stores here, btw, are in the Why Bother zone. Firmly. They put anything good on line for almost retail and put the trash in the stores at high prices. No jewelry in the stores at all of any sort, no clothes worth reselling, no antiques, no toys. Nada. And the competition is fiece for whatever gets through by mistake. Am I ever glad I quit. Only the smaller charity stores, real charity, are worth hitting and the Pandemic killed off my favorite honey holes. My experiential shopping, btw, is in person or no sale. I prefer to hunt at rummage and estate sales - and use my brains to out-shop the kiddies searching on their phones. The basic rule at those is if you have to stand there and look an item up, someone else is already buying it.
Thanks for another great video! Very informative! Blessings for a great holiday season!❤
I am wondering if you’ve seen search spotlighting by eBay? I explain this by eBay listing high end reseller items first in the search of the same items? A buyer search leading them to your item is really the only avenue of sales at EBay. I feel like my items fall much higher on the search list. I have sold part-time at EBay since 1998, but my sales history and feedback history on EBay doesn’t reflect all of my sales and FB. The did recently increase my total sales count, but 10 or more years is missing. I do not think being a longtime EBay seller gives much of a boost to you listing priority in search. Thanks for any feedback always 🌹
I feel lucky that my sourcing honey holes are good for my main categories media of all stripes except LP’s and books there’s several resellers of them here and I very rarely find anything unless they are just putting it out. I don’t have storage to have a lot of low end in my categories. I also have a lot of long tail stuff that just seems like would not move on wotnot. My thrift stores are great well 80% of them one try’s to be a retail store. I have been making content on RUclips for 15 years but only recently decided to share my eBay and it’s helped some but I don’t think I could leverage that to make a wotnot. I stay with what I know and dabble with oddities and the new and shiny. I wish my store was like an old record store I went to as a teenager and into my early twenties. I would go there three times a week to look around. It was just one of those places that you enjoyed being there.
What goes round comes round. Maybe all you ridiculously entitled resellers shouldn’t under pay so much and hike prices hundreds/thousands percent on reselling your items just because prices are trending that way. Grow a pair and actually pay up. If you are so greedy that you can’t, all y’all will continue to get ripped off and y’all brought it on yourself. Stop complaining and adapt and actually be fair, if not, get out and shut up
The way Ebay is treating the seller with their Third World customer service more people are looking for other places to sell. Unfortunately, Ebay is the king, but then not be forever.
...no...i love all of those resellers jumping on the whatnot bandwagon....and wonder how they will recover after losing their reputation.
I hate change too and hard to adapt sometimes but I do beleive what not is hurting ebay to an extent. This is my worse 4th quarter ever on ebay. I had couple good days over thanksgiving weekend and then it seems ebay turned the lights out on my store again. I been accepted and approved to do lives on what not but just cant get myself to do my first show yet. I still prefer ebay and sad to see it struggling.
The Auburn jersey is awesome! It definitely was a heartbreaking loss but I still yell War Eagle Hey!
Excellent excellent info Kevin. I think that (sometimes ) it’s good to explore new options and be open to ways of selling. But I also think resellers need to be mind of not chasing every new Shiny Object that comes around (WhatNot, District, etc) because sometimes that only dilutes our efforts. Thank you for articulating what’s been on my mind lately so perfectly. I appreciate you!
I agree. I think as long as folks don't ignore realities to long and always keep a eye on things they will know when they have to adapt.
Great video. I think all these platforms give an opportunity to people with different personalities and ideas. I started on Ebay, focused on Amazon for awhile (realized that was not for me), now I am focused again on Ebay with a smattering of Mercari, Posh & Whatnot. Ebay is my comfort zone. I am trying to up my average sale price. Love Dobbie! He is living his best life now.
yep diversification ill preach it and preach it again you do this model and it will never treat you wrong you will always be afloat and above your competition especially those that refuse to diversify (the ebay only or amazon only or whatnot only or etsy only) only having one egg in the basket is a disaster for a business) waiting to happen
Whatnot is taking over in my opinion I used to buy retro games and dvd vhs on ebay I don't anymore I buy all on Whatnot now I mean would you want to pay 6 bucks for a vhs on ebay or 1 dollar from a Whatnot seller?
Solid video, thanks from Pittsburgh Pa.
People do not shop around at all. I sell stuf on 1 platform for more that I get on Amazon everyday. And no one is pricing shopping on eBay to amazon.
I still don't like Whatnot because of them, it changed how Posh and eBay are trying to change. I wonder how many sellers will quit the auction sites when the states come after them for proof of auctioneer licenses? I know all states don't require it but some do.
I don't think it wil evey happen. They don't come after ebay sellers who sell using the auction feature and haven't for 25 years.
I have been reselling since 2005 and it all comes down to how lazy you are.
I'm a relatively new re-seller and have ONLY used Mercari so far, I'm going to start an Ebay as well sometime soon but so far Mercari has been awesome for me and I've just been putting my focus there. One notion I have,is Ebay is so much bigger than other platforms and has so many users sure, but it also has so so many sellers on it that you're in a bigger ocean. I'm not sure if there's any weight to thought, but maybe the newer platforms can be beneficial to sell on because there's less stuff for your stuff to get lost in. Who knows... I love reselling thus far though
I think there is some validity to it for sure. As Long as you enjoy what you do.
I started with Mercari because I was invited by my friend, added Poshmark about 3 months later for heavier items. I'm getting set up to add eBay now that I've been forced into early retirement. Shipping had me scared, but it's time to bite the bullet and learn. Wish me luck! 😂
@bettyreese2103 were in the same boat, you got this!
100% correct its just ebay resellers especially the new ones that went full time during the pandemic just have been refusing to diversify! i diversified right off the bat in 98' when i went full time started on ebay , amazon and yahoo auctions and just about every other platform that has come along. i can confer that sites with less sellers you will make more sale since there is more pie to go around and as you said your item wont get lost in the ocean etsy, poshmark and mercari were really good in 2017 but as more sellers have slowly started to diversify i have noticed a tick down in sales on those sites but id never stop selling on other sites a sale is a sale and if its the same item listed on ebay that is selling on these other platforms it sure tells me something about ebay and should tell many other resellers the same thing. for example if you have 10,000 items in your ebay store if you list those on 10 other sites that is 10x the amount of eyes that would be on those items compared to if you just had it listed on ebay there is no excuse not to diversify not wanting or willing to diverisfy tells me one thing about the person as a reseller they are lazy and technsports stated on a video he did with mel that 99.9% of resellers are lazy he is 1000% correct on that
Hi Kevin. I've been watching your channels for a long time. I have kind of an off topic question. Can, or will, you tell me the dimensions of your Commonwealth Cabin? I don't have to know. I'm just curious. You might have said at one time. If so, I missed it.
12x24
I have learned a lot from you. Thank you Kevin for being here!
I don't like live selling, and I also don't like live shopping. 😅 Whatnot is like Ebay used to be when they first started. They were all about the auctions, and so were buyers. Until it wasnt. The whatnot fever is already starting ware off. I'm sticking with Ebay for now. For this month, my sales are up 97.8 percent. No complaints..
I gotta say that the fever is growing not dying off Whether that is good or bad is to be determined but there sales numbers are rising WAY faster than ebay.
Why is eBay so slow in developing live eBay auctions? I just don’t understand it when there’s evidence and models out there that it works even to the extent that some of eBay categories are losing the market because of it. LET US AUCTION - LIVE. Somebody set me straight please.
Large company have a difficult time sometimes. Upstarts take chances because they have less to loose and fewer decision makers.
I keep wondering if there are compliance issues in states. I know there is beta going on, but what if those people are certified auctioneers to somehow satisfy that?
Perhaps they should look into buying Whatnot and rebranding
What’s that saying? “The only sure thing in life is death & taxes” or something along those lines…shouldn’t we include inevitable change.
People are creatures of habit, it’s comforting. Change is uncomfortable even if it’s positive.
I live in the Milwaukee metro area. I’ve watched thrift store prices skyrocket in the last year. Coffee mugs at Goodwill in our area were .99 in January, now they are $2.49 and the shelves are filled.
My daughter and I generally source at Goodwill outlet bins because the prices are just too high.
As far as change, I can adjust accordingly. I’m not a shopper or impulse shopper. I believe it’s why I’m not a fan of WhatNot. That doesn’t mean it’s a bad platform, it’s just not for me.
Sorry for the long winded personal opinion.
Have a wonderful holiday season Kevin & family.
$2.49 for a mug? Lucky! Here in the Seattle area mugs are $4-$6. 😞
@@themcgeefamily7514 I bet. I lived in Portland for 6 years, everything was so expensive.
Did you say that there were changes coming down the pike? 1.18. Curious, I always thought that the word was pipe.
lol yup it is pike for sure.
More sellers should sell on whatnot & leave boring eBay. I’ll just keep listing on eBay 😏
Yup that is part of the equation as well.
I resell a bit on eBay. I also buy for various hobbies (as collector, not a resller). I give myself an "allowance" of what I will spend in a week. A lot of that money now goes to Whatnot instead of eBay. So people selling in collctible cards or vinyl records have lost some of my business. They give it away on Whatnot. I see the upside for Kevin, but I'm not sure why the average person would sell on that platform.
100% agree its totally reversed i and i know many other resellers use what not as a sourcing tool like you said the MAJROITY of sellers on whatnot IMO give away there inventory for next to nothing many YTers have come out and said it only works if you have a large social media following get those 1 minute bidding wars to be honest i think it was just a site made up for YT resellers to unload there stuff that was not selling like it was (or like they were use to) during covid i called it i could see from the start that it would be a great place to fill you collections (if your a collector at dirt cheap prices) or source for inventory purposes if your a long tail saler
It depends. I seen things sell more on ebay than mercari. Sometimes it's the other way around. I sold one Patagonia hat on posh. Considering the market is flooded with those, I was happy to get 18. Picked it up for one dollar.
yep! there is no rhyme or reason reselling is a big roller coaster those that talk about consistency or feeding viewers a line of BS
Where's this?
Where's what.
I love the picture you have hanging in the corner next to the flag. It’s a little boy laying down and I think he has a puppy. I can’t see it very well but my grandma used to have one like it. Is it for sale?
It is a Rockwell.
Issue I’m having living in the Bay Area is thrift stores are pricing used clothing at almost the prices of new so I can see these stores dying out in my area at least. Second the websites where you could get vintage wholesale and bales are all out of stock and when you order now they send junk. Third the source for these vintage wholesale lots are being picked through and taken by the employees it’s so bad now i have lots of evidence on this. homie handouts and back door resellers that come in and scoop up thousands of pounds before they are sent out. I’ve seen so many reseller RUclips videos and tik toks of the homie handout back door operations that’s so bad now its insane. And last but not least eBay’s algorithm is killing so much commerce for people they are going to any other dang platform they can find. This is indisputable I have receipts.
100% agree!
Employees ⛏️ thru facts
Yeah I've been saying I think this is the main thing that killed the used clothing market- not only did thrift stores raise their prices but retailers this year have been running massive sales to get rid of the inventory they overbought. I've seen so many complaints about lowballing on poshmark, problem is now I see retailers selling NWT items in stores for the same price as I used to sell those brands pre owned on poshmark. There's just no way to compete with that.
"Heartbreaking" if you're an Auburn fan, but for an Alabama fan like me, it was (almost) heart stopping! LOL ROLL TIDE!!
It's a new day of selling if you don't have good stuff it just ain't selling or can take forever to sell best of luck everyone ✌️❤️
I think you are pretty spot on for ebay but not entirely if you consider other sites.
Get ready for folks to be extremely triggered lol. People get so butthurt over the stupidest shit. In your last picker video you found an “enema man” plush. So do you just straight up sell them? Or I thought before you said you auctioned them off for charity? In the video you showed it to someone and I believe you paid $50 for the big pile you bought. And you went on to say that JUST the enema man would make all your money back? If I’m wrong I’m sorry. But you sell those plush toys for $50?! that has to be a viewer right that would pay that. We can’t sell it for $20 plus ship or something lol wtf. Even $25 plus ship.
This 100% feels like foreshadowing for your District site.
lol. For sure but not it is much bigger than that. I think that other formats are starting to eat into market share and sellers will have far more options in the future to find something that works best for them. I love to experiment and do different projects but in the end the most money comes from ebay and I will continue to ride that horse for many many years to come.
I think its like any industry - if you don't keep current with trends and growth, you will get left in the dust. Somehow, eBay has been on the verge of extinction so many times but has managed to stay relevant. I don't think they're going anywhere. But I do know that I for sure am sourcing different things today than I did 3 years ago. And I'm sourcing from different places than I did 3 years ago.
When ebay first started it was exciting because it was new.. it was all auctions. The thrill of placing your bid and hoping you got it. Then buy it now came along ,now it's a mix of both. Ebay is the OG. And I love it.
At the risk of sounding negative, I think AI will change everything about commerce as we know it. You will own nothing and will be happy, or so they say.
Whatnot is the new QVC
In short, find what works best for you, be flexible, and willing to put in the work and with a little luck you will be successful. 😊
Temu is a problem also
Bingo many are sitting on lots of dead inventory aka China junk. Finding vintage stuff still hot especially toys and shirts. Some hats are hot still. I dont sell stuff under 20 unless its a card. Shipping is the reason of the costs.
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I only do eBay I can’t deal with multiples it’s to much I’m alone with no help
I understand for sure.
Sales are good for Q4
Like play it again Rick. Wish my sells turnaround was faster. I posted 30 items in 3 days and only one item sold 😢
Enjoy your episodes very much. Learn so much plus it's a good watching interactions here and on Picker shorts. Keep up the good work.
Happy Thursday Kevin 🥰🥳💙 Thank You For Always Having These Conversations 🙌🏽 I Definitely Enjoy Selling Everything And Multiple Platforms Is Where It's At For Me Currently. I Am Enjoying The Live Selling For Multiple Reasons. The Two Biggest Reasons For Me Is The Immediate Interaction With The Buyers & The Quickness In Which Items Are Able To Move🎉 Happy Selling My Friend 🥳🥳🥳
Great kids !
Doing well in Q4.
You need to get a banjo player to do your Christmas intro
lol
I really love your videos on this channel and agree with you a good majority of the time (well probably 99.9%)
I just enjoy listening to you give your opinion at the same time asking others 💁🏻♀️ it’s nice to hear a positive open mind but a level headed mind. I sell jewelry but love to hear what you ALL sell! I think it’s the teacher ~ dad in you that is your strength! As well it’s very clear you are a good person! I
do like the picker channel but I have to say this is my FAV! Keep up the great work!!
I will try to comment more.. these damn squirrels run by way to much 🤪 🐿️ 🤪
You have a beautiful family! Your jokester son cracks me up! I try his jokes on my boys but he has a better delivery for sure! 👍
I wrote this at the beginning of your video and just now finishing it.. 😢 so glad it was this video I commented on
❤️🙏 it was meant to be.
My dead line is plush. I have alot of it but only sell one now and then. Getting ready to lot them up or sell at flea mkt cheap in the spring.
great video...as always. I only sell on Ebay and will sell just about anything I can make money on (except electronics). You need to find what works for you and remember that change is inevitable and as in any business, you've got to adjust to what impacts you. thanks for sharing and bringing up issues that not everyone does.
Excellent video, I have been reselling on eBay (part-time) for about six years and I have definitely seen changes, both on eBay (prices are down on a lot of things) and sourcing.
Vintage shirts are getting flooded. Good stuff still sells. Below average sits.
The older sellers and buyers will stick with Ebay. Many older buyers have not even heard of other sites.
q4 has been so far so good for me… I’ve been ending sell similar for older stuff and I also hold back Christmas things until right around this time of year. I do probably about 15 end sell listings a day and then add another five new listings every day into my store. It seems to be working.
I wonder is Whatnot is like QVC for this generation?
Always love hearing your take on things. I think small items are harder to sell because of the cost of shipping. It makes items more than just running to dollar tree or walmart or buying one online.
As far as WhatNot? As a seller, I don’t like it because my preferred niche is very competitive. As a buyer, the drawback is time. It’s a lot quicker for me to buy 20 items online at a regular site like eBay that buy 20 items on WhatNot.
Hope you had a Happy Thanksgiving!
Where do you tubes for shipping posters
I use 4x4x48 boxes cut in half and folded into triangles and or use the tubes from my paper roll
it's funny, I got so sick of ebay, I am still there but my focus is moving onto only fans. I just can't depend on ebay supporting my life anymore.
lol
Imo Whatnot really missed a long-term opportunity to become the Rolex of trading cards by allowing "everything" sellers on the platform and we already see others like District following suit, I don't see the opportunity for resellers without a decent following unless they have some amazing hard to get product and even then, why would you use whatnot for that stuff? Not a hater of whatnot I just believe sites like this are very trendy and I wouldn't count on them being around long term either way I wish everyone nothing but success and this is just one guys opinion. TFS Friend always enjoy your take on things.
I hear you and it is true to a large degree but many are and have created their following strictly on whatnot itself. I know many who have. It is not easy though that is for sure
Kevin, you should be a politician.. wherever the wind blows that’s what you’re for.. first you don’t the other platforms ..then you see everybody’s jumping on board a platform.. then you have a change of heart…and you start promoting that platform.. you give opinions on both sides of the issue, so you stay in your safety neutral zone.. you’re confusing everybody.
Not doing another platform is not an indictment of it. It is simplay a wait and see and see what fits what I do.
I love free Roaming BACON LOL!!!
I started writing several comments, but started over after thinking this whole concept over. I listened to several podcasts from various sources today regarding the diversity of reselling avenues. The idea that I kept coming back to was niches, kinda like TTC's venture of Dibdit. More curated selling instead of trying to appeal to all. Will all those buyers find their way to the diversity of selling platforms? Perhaps. I also think you're bang on about selling low priced, low value stuff. I also wonder if the YT community gets all bogged down in the minutiae....there are millions of sellers on eBay who are selling just fine without giving a hoot about Whatnot. 😂
True but there certainly are a ton of options for people to choose in which way best suits their own reselling tastes. Do it all everywhere or just one thing in one place or even a few niches on the best platform. Choices are good. Thank you for your comment.
Very informative information and gives me some insight as to why my sales are so poor this year. I'm down about 150 sales for the year. My hats, T-shirts, Plush and small end items are just sitting and I do believe it is from What Not. I don't begrudge What Not Buyers and Sellers but Ebay really needs to wake up before they lose more resellers as I am getting out of my store as soon as I can. Done with all the games Ebay plays and the competition is getting worse every day. Thanks Kevin for all the info. You woke me up to some of what's going. At least you are savvy enough to change things around when you have too. I am just too old for all this. lol
Well I will say that there are fewer sellers on ebay and about the same ammount of overall sales. So it isn't dead by any means.
I never understand resellers who list and sell items for under $15, but then refuse to sell a more profitable item for less than a $30 profit. It makes no sense to me, your cost of selling an item whether $15 or $40 is the same, other than the cog. I haven’t gone the what not route, as a solo reseller it’s difficult to send out $40-$50 packages overnight. I’ve also tried buying on the site, but many sellers are unorganized and take too long to run their auctions. I watched one who was so chatty, she only sold 2 items in 15 min. Social media and live auctions are real time suckers. When I join the what not sellers, I will utilize my experiences to up my game.
No doubt. It takes a certain skill set to sell live.
With those platforms is good to have backup plan
I think that a lot of part time sellers will end up just unloading their inventory before the IRS puts the $600 reporting requirement in effect. It will further drive prices down. Maybe people will buy more if it’s cheaper or flood the market with inventory. Hard to say but it will be interesting to see what happens. I’ve sold on eBay and make purchases. Amazing how prices have dropped.
I honestly don't think that will ever happen. I would be shocked if it ever got to 600
Like you, I don't like change. I've only been selling on ebay for 1 year, after retiring from the airline industry after 42 years, I needed something to do. Thanks to flippers like yourself after watching numerous videos I decided to start on ebay, I have no desire to sell on anything else. I'm far from your ebay store but I do what I'm comfortable with doing that keeps me busy but my life doesn't revolve around it. Thank you for your videos.
Thank you for watching and happy retirement.
My boss has a quote on the wall of her office," if you don't like change, you are going to like irrelevance, even less!"
It's true but I don't think I would like your boss. LOL
Thanks for the video today. I think it prompted me to at least start to learn about what not just to be a constant learner and see what’s out there.
By the way, can you tell me how you send your nice baseball hats? Do you put them in a poly bag?
no always in a box. 8x6x4 for avg ones and slightly bigger for more expensive ones.
What you describe is typical of online selling. When there are lots of common collector items, they sell briskly at first at good prices, but then the market becomes saturated. But with the rare collector items, the market can't be saturated because there just aren't that many of them. I have seen this in the classical record market - there are now only a tiny number of classical records that sell for over $100 or over $1000, compared to the situation in 20 years ago. Of course, a lot of the collectors have died.
No doubt.
You have TWO stores? I’ve only shopped one. I’ll be looking for the other.
I don't anymore. I used to
No thanks needed. I enjoy watching you guys and your kids are growing up so fast dobby has turned into a beautiful cat. Thanks for all you do.😺
can openers
I enjoy hearing your thoughts on the current state of reselling as usual. Have a great day!
I feel like reselling online is going to get more and more popular, I do believe EBAY needs more promo. With inflation being as bad as it is, more people will be looking for more affordable solutions
Actually it has been declining for 2 years in a row pretty steadily.
I like that you say it like it is and I will always follow you your very honest!