Hi fella, I started up my eBay site about a month today. It took me about 20 days to put up 250 listings. No sales until yesterday. About 30 days later two sales. Absolutely worth waiting for! Thought I was onto a dead end and I am sure it was you that said if your not making any sales yet just keep going eventually you will. Which though frustrating was worth it in the end only about €16 profit but hey it's a start! God bless you son. All my best. Leo.
As I am getting back into eBay selling (99) I thank you for taking the time to make these instructional vids that help new/returning Sellers and Buyers as well.
I did as you suggested and promoted everything a 2% and can't complain about that. Best offer on the other hand I no longer use. I sell new stuff and I found that best offer attracts parasites, bottom feeders and those who don't want to pay and don't want me to make any money. The same people who will hassle you for a price reduction at purchase are the same people who will demand a refund for Not as described or faulty. They will say that the item never arrived. Over and over again these were the same people. I can't make money by dealing with such people. So anyway I passed best offer off and haven't regretted it yet.
Well presented - succinct and specific...looking forward to such a step-by-step one for setting up overseas postage, tips and pitfalls to avoid. Despite attempting my own research on OS postage, I'm still looking for reassurance I'm not going to stuff it up.
Building a store focusing on size as opposed to selling is decent advice. Absolutely your point has merit… however a store with 10 amazing items will always sell more than someone with 100 ‘average’. Telling your audience to not worry about sales just buy 200-500 items is an easy way for a beginner to think “oh I’ll just buy anything and everything until I get to that limit and like Matt says I’ll make sales”. I would suggest you buy the best of the best and prioritise great items that SELL right away to build up a brand and build up some cash.
@@MayDaymarketing_ I disagree. If you list 200-500 well thought out purchases and make that your priority in the early days you'll have a much better chance of sustaining success rather than grabbing anything and listing anything then sitting back and watching for sales to come through. Just put your head down and build a store is the advice here.
So your revenue is about $140k per year Expenses such as cost of goods, eBay fees and postage would be roughly $70k. Courtney 20hrs at $25hr is $500 week or $26k a year. 140k minus total expenses $96k leaves $44k profit before tax. Not sure how you’re paying your mortgage on those numbers
He’s got RUclips income as well. But it would be interesting to hear a break down on profit in pocket rather then “revenue” he did mention before he makes about 50k but that was prior to Courtney working for him.
@@casssmm 100%. All these RUclips resellers talk about revenue which can be a misleading factor and rarely talk about profits. Maybe because saying I made $140k revenue sounds better for the ego than saying I made 50k profit? Then throw in Courtney’s wages and the figures simply don’t add up.
I started this month, have around 73 listing, made one sale only, still cannot make offers nor promoted listing, they are not available , dunno why... thank you so much for your advice that new sellers need to be patients but I have no patience hehe
Yes that's now a significant cost here in the UK Boxes are now expensive. sure reuse Amazon boxes and look for free but as i grew my business i don't want to ship books in tatty boxes
I could really do with some help @aussie flipper I'm an artist selling on eBay but for some reason my impressions have really gone down not sure what's going on it's been like this for few months? I've started to build my listings now as advised on Ur video but not sure if it will help with art sales?
I'm afraid this thing about listing dissappear as you said may not be true. I have one listing that was listed in March 2013. It's the same item with listing number but it has multiple items listed. Last ever sale was November 2022 and that listing still live. I know gumtree listing or facebook one is those dissappers.
Hey I have a question for example if you find a vintage shirt do you wash it before you ship it? I think it’s a good idea to wash them but at the same time I don’t want to damage them for the buyer. For example I found a vintage Bulls shirt with the tags and don’t know if I should wash it.
Speaking as some random on the internet- If I bought a vintage bulls shirt on eBay I’d hope it would at least come smelling/looking clean. I’m speaking without much experience, but I am lead to believe that it depends on just how vintage something is. If it’s from the 1950’s or earlier- then washing probably isn’t be the best idea. I would say a lot from the 60s, 70s and upwards is (generally speaking) okay to wash. Situationally speaking though, unless it’s like one of the first bulls T-shirt’s to be made…I would be surprised if washing it in cold water and air drying it would do any damage.
@@MetaMeglodonthat’s a good point of view thank you! I definitely agree I would want it clean my only problem it’s from the 90s and I’ve been told they can crack while being washed because the shirt has the tags on it I don’t want to wash the tags because people collect them that way. It’s definitely a interesting problem to have lol
My store still has alot of very cheap items, making $1-2 per item after fees, etc. Due to poorer purchases early on, or items I got in a bulk purchase. The Mrs is confused why I even bother. I tell her that these smaller "bread and butter items" need to be listed daily, so that eventually the much more premium items can sell
$1-$2 profit per item isn't worth the trouble to source, clean, list and store in my opinion. The money invested in those items could be better spent on higher ticket items. You don't need a ton of items to consistently sell on eBay you just need the right items. Sell through rate and profit opportunity are the only 2 things to consider. Your time is worth more then $1-$2 per item.
@@tabboo108 I'm not sure how far into the journey you are and how much inventory storage space you have but real estate for stock management becomes a talking point down the line. You don't want to be tied up with a bunch of stock in your shelves that are long term sitters. Turnover is everything. IMO it's all about buying quality stock that sells relatively fast.
@@tabboo108be quick to throw. If you are a butcher shop with a small display window, you want as many prime cuts displayed all the time. Sure it’s a waste, but more prime cuts being sold whilst disposing donating the rest for now, will help you get bigger display windows that allow you to add less prime cuts for those smaller buyer groups. I love the butcher analogy because he gets the whole and makes this decision of display, bundle, throw daily. Hope it helps :) I got a dumpster in my third year, wish I got it in my first.
Postage costs in australia are way expensive. As an example I was watching a video from a uk seller who bought some big plushies at a car boot. I thought to myself no way I would buy that due to postage costs. I asked him how much it would cost him to send it within the UK. He replied £4 which is about $7 here except it would cost us around 20-25 as auspost taking into account volumetric postage calculation. UK I believe does have subsidised postage, that’s why you see a lot of media from uk with free postage. Back in the day they did this to keep their book publishing industry going and it continues till today. So it’s important to reduce your postage costs as much as possible as they are a main expense. Now anything under $20 that can go as an untracked letter I send that way. Minimum price point now for small parcel is $25 if you can get item cheap otherwise no point at all listing. One thing that really becomes relevant and tends to be overlooked is your time. The time to source, research and price, list and to post.
@@emusaurus Only trouble is that it punishes all the honest sellers who don't do this AND it has killed the fun 0.99 auctions because if item sells for 0.99, seller will loose money on the sale!
I think if you’re reselling on eBay full time you’ve got to diversify your income and have multiple streams. Relying on 1 platform to generate your livelihood is dangerous imo but yep $200k you’d be comfortable
@@mackapakka2784 it helps for RUclips views but not sales. If you look at the thumbnails the ones that feature Courtney get the most views. Not sure it boosts sales though.
Brilliant video Matt! I believe you are helping so many ! I’ve watched your business from the beginning when you first started! And you are a real PRO now my friend! Gotta send you another tip to bless you for helping others!!
Enjoy your videos mate. Think it would be good to provide even further transparency around the actual fixed costs that goes into sourcing etc fuel, hours per week. This is a great video but doesn’t paint the entire picture.
Like this comment for good luck on eBay
Confirmed, it worked 😂
Cheers mate. Thanks heaps. You're a true blue legend.
Check out my comment below for some advice thanks
Hi fella, I started up my eBay site about a month today. It took me about 20 days to put up 250 listings. No sales until yesterday. About 30 days later two sales. Absolutely worth waiting for! Thought I was onto a dead end and I am sure it was you that said if your not making any sales yet just keep going eventually you will. Which though frustrating was worth it in the end only about €16 profit but hey it's a start! God bless you son. All my best. Leo.
Keep building that store! And learn as you go! Sales don’t matter (in the early days) keep learning
As I am getting back into eBay selling (99) I thank you for taking the time to make these instructional vids that help new/returning Sellers and Buyers as well.
Bloody legend mate. My lightbulb moment was hearing you talk about your brand is more important than your sales!! Thanks man.
Bad buys at the start of an ebay store is so common! Sell through rate is so important! Another great video matt!
I did as you suggested and promoted everything a 2% and can't complain about that. Best offer on the other hand I no longer use. I sell new stuff and I found that best offer attracts parasites, bottom feeders and those who don't want to pay and don't want me to make any money. The same people who will hassle you for a price reduction at purchase are the same people who will demand a refund for Not as described or faulty. They will say that the item never arrived. Over and over again these were the same people. I can't make money by dealing with such people. So anyway I passed best offer off and haven't regretted it yet.
Well presented - succinct and specific...looking forward to such a step-by-step one for setting up overseas postage, tips and pitfalls to avoid. Despite attempting my own research on OS postage, I'm still looking for reassurance I'm not going to stuff it up.
Nice hair cut! Great video, i always forget to check the sell through rate! However I always remember your other tips when selecting items to sell.
Love the content ..loving how the Aussie's are getting a great reseller community so much fun 😅
Building a store focusing on size as opposed to selling is decent advice. Absolutely your point has merit… however a store with 10 amazing items will always sell more than someone with 100 ‘average’. Telling your audience to not worry about sales just buy 200-500 items is an easy way for a beginner to think “oh I’ll just buy anything and everything until I get to that limit and like Matt says I’ll make sales”. I would suggest you buy the best of the best and prioritise great items that SELL right away to build up a brand and build up some cash.
Step 2: Product is King. Not sure if you skipped over that?
@@TheAussieFlipper didn’t skip it. Both steps conflict one another. However, this is a great video matt
@@TheAussieFlipper still looking forward to that finance video 😉
@@MayDaymarketing_ I disagree. If you list 200-500 well thought out purchases and make that your priority in the early days you'll have a much better chance of sustaining success rather than grabbing anything and listing anything then sitting back and watching for sales to come through. Just put your head down and build a store is the advice here.
@@MayDaymarketing_ on the to-do
So your revenue is about $140k per year
Expenses such as cost of goods, eBay fees and postage would be roughly $70k.
Courtney 20hrs at $25hr is $500 week or $26k a year.
140k minus total expenses $96k leaves $44k profit before tax. Not sure how you’re paying your mortgage on those numbers
He’s got RUclips income as well. But it would be interesting to hear a break down on profit in pocket rather then “revenue” he did mention before he makes about 50k but that was prior to Courtney working for him.
@@casssmm 100%. All these RUclips resellers talk about revenue which can be a misleading factor and rarely talk about profits. Maybe because saying I made $140k revenue sounds better for the ego than saying I made 50k profit? Then throw in Courtney’s wages and the figures simply don’t add up.
I started this month, have around 73 listing, made one sale only, still cannot make offers nor promoted listing, they are not available , dunno why... thank you so much for your advice that new sellers need to be patients but I have no patience hehe
stay patient and focus on listing strong sell-through rate items
Many people are also spending a lot on software and shipping boxes tape envelope
Yes that's now a significant cost here in the UK Boxes are now expensive. sure reuse Amazon boxes and look for free but as i grew my business i don't want to ship books in tatty boxes
I could really do with some help @aussie flipper I'm an artist selling on eBay but for some reason my impressions have really gone down not sure what's going on it's been like this for few months? I've started to build my listings now as advised on Ur video but not sure if it will help with art sales?
This was soooooo helpful!!!! Just started a few days ago and we have 40 items lol 😂
Woooohoooo
😮😮😻😻🤎
I'm afraid this thing about listing dissappear as you said may not be true. I have one listing that was listed in March 2013. It's the same item with listing number but it has multiple items listed. Last ever sale was November 2022 and that listing still live. I know gumtree listing or facebook one is those dissappers.
definitely does happen on eBay!
Hey I have a question for example if you find a vintage shirt do you wash it before you ship it? I think it’s a good idea to wash them but at the same time I don’t want to damage them for the buyer. For example I found a vintage Bulls shirt with the tags and don’t know if I should wash it.
Speaking as some random on the internet- If I bought a vintage bulls shirt on eBay I’d hope it would at least come smelling/looking clean. I’m speaking without much experience, but I am lead to believe that it depends on just how vintage something is. If it’s from the 1950’s or earlier- then washing probably isn’t be the best idea. I would say a lot from the 60s, 70s and upwards is (generally speaking) okay to wash. Situationally speaking though, unless it’s like one of the first bulls T-shirt’s to be made…I would be surprised if washing it in cold water and air drying it would do any damage.
@@MetaMeglodonthat’s a good point of view thank you! I definitely agree I would want it clean my only problem it’s from the 90s and I’ve been told they can crack while being washed because the shirt has the tags on it I don’t want to wash the tags because people collect them that way. It’s definitely a interesting problem to have lol
Do we need to provide Driver license to get paid as a ebay seller?
Why did you delete the original video?
audio issues
good points!
Great video with lots of valuable tips, thanks Matt
My store still has alot of very cheap items, making $1-2 per item after fees, etc. Due to poorer purchases early on, or items I got in a bulk purchase.
The Mrs is confused why I even bother. I tell her that these smaller "bread and butter items" need to be listed daily, so that eventually the much more premium items can sell
$1-$2 profit per item isn't worth the trouble to source, clean, list and store in my opinion. The money invested in those items could be better spent on higher ticket items. You don't need a ton of items to consistently sell on eBay you just need the right items. Sell through rate and profit opportunity are the only 2 things to consider. Your time is worth more then $1-$2 per item.
@@TheAussieFlipper I guess because these items are coming with other items I'm buying, I figure I may as well list them up.
@@tabboo108 I'm not sure how far into the journey you are and how much inventory storage space you have but real estate for stock management becomes a talking point down the line. You don't want to be tied up with a bunch of stock in your shelves that are long term sitters. Turnover is everything. IMO it's all about buying quality stock that sells relatively fast.
@@tabboo108be quick to throw. If you are a butcher shop with a small display window, you want as many prime cuts displayed all the time. Sure it’s a waste, but more prime cuts being sold whilst disposing donating the rest for now, will help you get bigger display windows that allow you to add less prime cuts for those smaller buyer groups. I love the butcher analogy because he gets the whole and makes this decision of display, bundle, throw daily. Hope it helps :) I got a dumpster in my third year, wish I got it in my first.
Definitely try and get some reviews from buyers even give them discounts if possible at 1st
thanks for this
Unfair eBay 'fees on postage' and increasing Australia Post costs are profit killers! 🙁
The fees on postage have been there for well over a decade. It's to stop people selling something for $1 with $99 postage to evade the fee.
Postage costs in australia are way expensive. As an example I was watching a video from a uk seller who bought some big plushies at a car boot. I thought to myself no way I would buy that due to postage costs. I asked him how much it would cost him to send it within the UK. He replied £4 which is about $7 here except it would cost us around 20-25 as auspost taking into account volumetric postage calculation. UK I believe does have subsidised postage, that’s why you see a lot of media from uk with free postage. Back in the day they did this to keep their book publishing industry going and it continues till today.
So it’s important to reduce your postage costs as much as possible as they are a main expense. Now anything under $20 that can go as an untracked letter I send that way. Minimum price point now for small parcel is $25 if you can get item cheap otherwise no point at all listing. One thing that really becomes relevant and tends to be overlooked is your time. The time to source, research and price, list and to post.
@@emusaurus Only trouble is that it punishes all the honest sellers who don't do this AND it has killed the fun 0.99 auctions because if item sells for 0.99, seller will loose money on the sale!
One thing I learnt today is comp your items before sale price is put up as I sold a $300 collectable instantly for $150. 😅
Lesson learnt!
Thanks!
Awesome clip!
I really like your hair! It's usually covered by a hat and maybe shouldn't be. Lol
Haha i'll leave the hat off every now and then then!
to make a good living off reselling you need to gross atleast 200k a year to be left with a decent amount
I think if you’re reselling on eBay full time you’ve got to diversify your income and have multiple streams. Relying on 1 platform to generate your livelihood is dangerous imo but yep $200k you’d be comfortable
100%. I do it casually as a side hustle and the numbers here don’t seem to add up, let alone put in Courtney’s wages.
@@PeachythePicker I think having an attractive ladie helps with his other income stream
@@mackapakka2784 it helps for RUclips views but not sales. If you look at the thumbnails the ones that feature Courtney get the most views. Not sure it boosts sales though.
Great vid 👌
Brilliant video Matt! I believe you are helping so many ! I’ve watched your business from the beginning when you first started! And you are a real PRO now my friend! Gotta send you another tip to bless you for helping others!!
Enjoy your videos mate. Think it would be good to provide even further transparency around the actual fixed costs that goes into sourcing etc fuel, hours per week. This is a great video but doesn’t paint the entire picture.
Legend mate
Great video with excellent tips
thanks for watching!
Hi, i can't recall.. Do you use the software at a cost to list on multiple sites? or just use ebay free software?
EBay only nothing at cost
👍🇦🇺🦘