Recently divorced, went from being a stay at home dad and extremely part time reseller to now where I'm working roughly thirty hours including all aspects of it. I had to be able to take care of myself and my two little children. I thank you and the couple other resellers I watch regularly have help me tremendously. I could never thank you guys enough for making it possible for me to do what you guys do and have a lot of free time for my kids. I love watching your videos, and again thank you for so much knowledge.
I have sold off and on mostly ebay for 26 years. I have sold while working at other full time "real" jobs and I have sold while unemployed. Now my husband and I are retired, and I am reselling full time mostly as an excuse to get out of the house. I don't make tons of money, but it keeps me busy, it gets us out to garage sales and auctions and keeps us moving. I am 63 and my husband is 74. The money is a nice bump to our income, and I don't know what I would be doing otherwise. Sitting around getting fatter probably. I find that when I am not selling, I miss the garage selling part of it. Digging through boxes and finding other people's treasures to me is fun and exciting. Talking to people and learning about the weird things I find are a big part of it too. I follow you because I see the passion for digging and searching for treasure in your videos over the other Tubers who are all about scheduling and structure and business planning.
@@jeremynovak471obviously they mean for them, or they wouldn’t be making the comment. What was the purpose of your comment, to flex your sales? Let me see your recently sold listings then, what’s the name of your store
Health insurance is a big concern in making the decision to leave a job. My husband works and we are covered, so for me to be a full time reseller was an easy decision. I did it for years part-time while homeschooling my kids. Now the youngest has entered college, but I am still his chauffeur. Once he starts driving, I will be free to ramp up the business. I always have going back to work for the State of Texas as a backup, but only if absolutely necessary. I LOVE reselling and the freedom it provides.
Reselling for a living is glamorized but I appreciate your practical take. I’ve been reselling for 8-9 years, successfully, as well as running my own business. I think personal finance, having no debt, having your house paid off or 1-2 years worth of living expenses saved up would provide a “safe” runway to try it for most.
I'm full time reselling and my sales are up 28.6% this year. I've heard of a lot of people having to find part-time jobs in the reselling world. The main reason is items are not moving fast enough and not selling for as much anymore. Most of those people started about 4years ago when online shopping reached an artificial peak. The growth was not natural but forced. Now that mostly everything has returned to normal it's going to take a lot more hard work to make it.
I’m not sure things are going to return to something that resembles normal, with the economy, housing markets, state of affairs in the country, all the “un-speakable” issues that make watchers un-subscribe from the you-tubers that talk about I don’t think we are going to get anywhere near normal.
I’m a hobbyist seller. I plan on retiring at the end of the year. I don’t need the income to live but I would like it to pay for my pre-65 insurance premiums for 1.5 years before Medicare kicks in. My husband is 7 years older than me. He is 70 and has been retired for 5 years. Who ever knows our future but I don’t want to go 2 more years!
I'm a full-time reseller (been selling for 2 years now) after retiring from teaching last year. I work about 30 to 40 hours a week, and I'm having my best month ever with almost 5k net this month. I have 1400 or so listings. My avg ASP is $45 right now, and I live in a place that doesn't have a ton of thrift stores. My ROI is at least 5 times what i sepnd after all expenses. I mostly shop yard sales, 2 thrift stores, and some estate sales. Business is great right now. Not sure whether it will continue, but I'm hopeful. Thankfully, I have my retirement pension, so the pressure is off.
I worked full time and sold on the weekends at the flea market, when I used to resell, got disabled at 57. Reselling has always been in my blood, like my mom 😊
The bubble isn't bursting, the sellers are. Buyers are looking cheap,cheap, and reasonable shipping. Most of my sales are $15-$20 plus shipping. Hard to find bargains any more at my Goodwill so I quit going there. Finding better quality at garage sales.
@ASouthernBoyCanSurvive Goodwill's Mission Statement is that it provides job for people who may have a hard time finding a job. Many think it was to cloth low income people. You can find their statement on their Website.
@lisadiaz9454 their mission isn't to sell things for a buck so youtubers can sell it for 150.. but Goodwill has worked it out and put the stop to you folks.. so now no one can get s good deal..
I'm just a hobbyist when it comes to eBay. But I can tell you why people go back to work. It's because there's less responsibility and things to do. As a business owner, there's so much to it. Punching a clock and taking home the bread is way less responsibility. Overhead can be a killer as well, depending on how deep you get. So, having a job frees up more time. By the way, Kevin I myself am a retired high-school auto shop teacher. Keep up the great work 👍
I told me brother the other day what my day consists of as a reseller and he said it sounds exhausting, which is certainly is. I'm not going back to a full-time tech job if I can help it.
I’ve always had two jobs or one 60+ hours a week job. When I had a stroke that affected my motor skills, I couldn’t get a job, so it was forced retirement at 50. Luckily, my Social Security was enough to live on, modestly. But retirement can get boring, especially to a crippled guy. Reselling gives me something to do and some money, too. I’m in my 70’s now.
This is surprising just because I would think enough people care about sweatshop workers, amazon workers, as well as seeing that desert of fast fashion in Chile. I don’t know the ebay rules but if i started listing there, part of me would want to put a picture of that desert in my description. I do see some things that really piss me off when I try to sell my old concert shirts. Unless the app has an option to go from high to low price and someone actually uses it, they’ll see hundreds of $15 shirts made last week in Bangladesh instead of the one I have kept with me since 1993. And it’s illegal.
My dad passed and I needed to get comfortable with selling things to start selling his things. I started in 2019. 2024 I lost my job (worker comp injury) It's hard to list things. I have ALOT ALOT ALOT of things
i am going to make a couple of separate comments on this video. I am so glad you mentioned social media as a part of your reselling business. I still agree with you that you could have absolutely made it without the social media. I also appreciate how you fight to stay out of debt and live without the "Lifestyle" others are into. But also keep in mind the resell culture becomes bargain shoppers, couponers, deal spotters, and tightwads for everyday needs and wants(this is good) I also want to say I am more entertained by your picker channel more than the flipper channel but I consider the flipper channel more as an instructional and COMMUNITY channel . The discussion and debate and even the more aggressive comments have value, So with that I say thank you for every thing you do. You are a successful reseller, youtuber, and a person.
I’ve been full time reseller for 12 years. Speak to many other resellers and what most people don’t understand is that eBay controls your sales. You can have 5 sales in an hour , then go the next 24 hours with no sales at all. If you’re a newer seller , you’ll see faster sales , especially if your undercutting everyone on price. Once your account is a few years old you’ll see how they control it. If you an ell a big ticket item , then just plan on the next few days of having no sales. eBay has too many sellers , not enough buyers. They want each seller paying those store fees and so the Cassini algorithm splits up the sales to keep everyone as happy as they can. Some don’t believe this but that usually people that are new or small part time sellers. We have 2 units of shelves and about 100k in products listed and it’s Monday morning. Haven’t had a sale yet today and the weekend is dead. If you don’t have the room to store products , and you live check to check DO NOT do this full time. Stay small and just keep this as a side hustle.
This is just not true. If you have product with a demand and you price it correctly you will make sales. If your inventory doesn’t have high demand it will sit on the shelf longer. I have been selling on eBay since 2008. This is the way it’s always been. I sell a lot of low sell through rate items and I promote them at 2-5%. I have consistent sales almost daily. I have days where I sell something that’s $200+ and the next day ends up being better.
I retired from the USAF and I'm also on Social Security - I started my reselling business to provide some additional income - My wife is disabled but has an eye for valuable things. We have been reselling for about 2 months. Our sells are growing, but nothing to crow about. I would not recommend reselling unless you have other income because the economy is getting worse, and inflation is destroying people ability to buy! Ironically trying to keep up my standard of living with inflation has forcing me into reselling!
I got into reselling as a hobby. I am an empty nester and tried to find something to occupy my time. I began thinking I would do the sourcing (my favorite part) and then hand off to my son so he could have extra money and just pay me back my cost. He didn't really do much of it and then my granddaughter came along and now the money I make goes for investments for her. With changes in my job I would LOVE to go full-time but the reselling is nowhere near what I make so I keep chugging along doing both. I work from home so don't tell my boss I occasionally list items in between tasks ;-) I will retire in about 10 years so I've already got a great start in what I will do in my retirement.
Retied military and Fedex, so reselling is just some extra money. 2 Pensions, medical coverage, 401k and stock. Hope people that sell full-time are able to retire at some point.
2 reason why you are not a fulltime reseller, 1) you haven't figured out yet that you have to work really hard all the time, like 7 days a week. 2) you like the idea of being a fulltime reseller because of the freedom it can provide but you don't really have the drive or motivation to work that hard. You don't mind being told what to do. A Boss is a Boss in any position, and that generally doesn't work well in cooperate jobs. My Bosses didn't like me telling them what to do, but I am the boss and they had a silly title. You need to be a self starter, disciplined and hard working to be a fulltime reseller, most people are none of these things. If you are okay with working for someone else you will, if you are not, you wont. Those that wont, can be fulltime resellers, those that can, will probably end up working for someone again at some point.
I have been a hobbyist for 20 years but this is the year I am trying to make it part time. I was able to quit my side hustles of doordash and instacart shopping to do part time reselling. My husband works full time. He is supportive and helping me build my business
I've always wanted to resell but just recently started as a side hustle. I enjoy the hunt for items whether it be thrifting, yard sales or storage auctions. I'm 4 to 6 years from retirement, so I'm hoping when I get there I can resell for some extra money. Meanwhile, I'm still punching the clock full-time. This is all a learning process. I'm in the negative because I'm still learning but I've found some nice buys. I think social media would help with reselling, but I'm not made for it.
I'm 38 years old with a goal of reselling full time along with my wife. It's hard work but we like that it's hard and we have an ever growing strategy on how to make it happen. I think the reality that reselling is a difficult path will weed out the folks that have a romanticized vision of it and end up leaving more opportunity for the ones that are willing to stick it out and choose it as a lifestyle. Thank you for your perspective, it helps us in finding our own path.
I’m a part time reseller and it’s easy to make decent money, but it took me a couple of years to learn. My ASP is $68 since I have limited time and only list higher value items. I’m on track to gross ~$75k this year only listing 1-3 items per day.
Reselling is currently my side hustle, I'm looking to retire in 2 years at 62 years young. Retirement for me is doing something that I enjoy. I've been in the corporate world over 40+ years, my husband and I have been both blessed with well-paying careers. As a side-hustle, it has allowed me to learn and make mistakes without jeopardizing our livelihood. At retirement, reselling will be MY business that I enjoy that allows me to make money that goes toward our contingency and travel funds.
I never hear this mentioned, but the thing keeping me from going full-time is health insurance. I know every family's situation is different, but for me, my job supplies my family's insurance. Every other option I've looked at is crazy
Good point and don't forget Companys Matching there 401K my matches up to 4.5% paid vacation and sick day at this point after 17 years in my job. I have 27 paid day and 6 paid holidays. As much I would love to resell full time is hard replacing all this.. for me to match my 75k salary I'm thinking I would have to gross reselling Like 120k to cover everything. Right now I'm grossing between 50k & 55k a year on the side. This helps pay for all my family vacations and car. So I will keep this going till I can't no more
My husband has been a 1099 business consultant for many years. It was far cheaper for us to negotiate cash prices for medical expenses, and participate in a medical sharing program. We have the top plan available and catastrophic medical through Christian Healthcare Ministries. It's quite affordable, everything is filed online, and it allows us the freedom to choose our own PCPs and Specialists. We spend far less than other traditional medical insurance with copays and meeting deductibles. Yes, there's paperwork involved for larger expenses, but it's super easy to do. Check it out for their different tiers and pricing....they do have family plans. Just a thought as an alternative.
Exactly! That's the reason I keep my job because I'm not gonna want to pay for insurance out of pocket. Also I'm going to need that retirement check so that I can sit down one day
Husbands self employed and so I am the bread winner and insurance provider. I think our health insurance would be $2000/month if I quit and did Cobra- so I willl keep my job!
Came in with high debt and my spouse and I both quit retail jobs that changed during the big sickness. Built it and debt consolidation is hiw we lowered the budget. It is not easy and my wife prefers a job so she is back at it. Consistency, cheap and reliable sourcing, and paying for a little help is how you scale. Then you better figure out how much room you have to scale and keep in mind shelving and other cost. Think you got....better take good care of your vehicles too. I love being self employed, but it is not easy!
I don’t worry much about it. Yes the beginning of July was excellent but the second has been pretty dismal. I just keep on improving on my listing and packaging.
Part timer constantly for the past 5 years. If there was a bubble that burst was after the “pandemic” ended. There were times during the pandemic that I thought I could make a go at it full time (but decided to stay at my full time job). Last year was my best sales year on eBay. If I had to go full time if something happened to my employment, I think I could probably get by. I think, just like any business, it takes time and effort to build it.
I’ve been doing this as a part time/side hustle . Since 2022 at least there’s a slow down until kids go back to school . Probably the summer vacation takes a bit more of ones disposable income .
I've been selling for about 3 months. I sell more as a hobby. However I feel it all comes down to what you're selling. If you can find unique/rare items it'll help selling faster.
Hobbyist here. Only real money coming in is from items being sold from my personal collection (i.e. things I would buy for me). The economy and people’s disposable income is being thrashed by debt right now. Until the economy gets back on track, which being in finance as my primary job, I think it’s going to be another 12-18 months before things pick back up. We’re going through another 2008 market crash, only this one is going to be worse. It will get better, but not before times get even tougher. Buckle up and be prepared to work to make ends meet.
The issue with ‘doubling hours to make double the money’ is that people don’t tend to double the hours on the tasks which actually make them money. Say they spent 20 hours a week on eBay before. 10 hours listing and 10 on sourcing. They start doing 40 a week but end up still only listing 10 hours a week but now they’re sourcing and doing other random stuff 30 hours a week. Suddenly cash flow is ruined, they’re overwhelmed by the giant pile of inventory they have acquired and feel drained because they’re spending more time on eBay but aren’t seeing the returns. Fast forward 6 months, they’re broke and trying to offload their unlisted inventory for pennies in a bid to claw back something.
Reselling should be part time only One shpuld have a job to have a consrant money flow, problem are most resellers made a full time job aNd when people s prioritize food over collectibles and non necessities, full time resellers have no fall back
@@CommonScentsAintSoCommonNow Hello! Expect the unexpected 😂 I’ve been selling books since I took a break. Didn’t think anyone would notice me in this genre of content.
I’ve been a part time seller since 04 I do it for extra income. It seems a lot more ppl are doing it these days and have made it very competitive with tight margins for me to do it full time
The lows are lower than they have ever been so kinda yea. I believe the biggest issue is there’s so many new sellers. There’s just an over abundance of everything you can think of to sell. I believe so many people are hurting for money they are selling themselves to make ends meet. And it’s so easy prove able so many rare books cards memorabilia that only sell once or twice a year. There is literally 10 20 30 and so on of these super rare items listed as we speak. I always reinvent the way I sell but I don’t see an option rn just gotta wait this downturn out imo.
Did it full time for a year grossing about $6,500 per month, I'm less than half that now. I'm unmotivated to list now because stuff just doesn't move as fast. I noticed a rapid decline when gas hit $5 a gallon a few years ago. Even though it went back down, my sales never went back up.
Im a new sub and this was very helpful. I was a thrift store manager for a decade and have researched thousands of items of various types etc. I am considering it but, i dont have the room currently and a good place to handle merchandise. So i am working toward starting but learning all i can till i get ready to start. I know many resellers and understand its not easy.
Became a stay at home dad a few years ago but wanted to help contribute more to the family income so i picked up flipping last October and grew a noce little shop and hust broke 1000 items sold on ebay!! Its tough and sales are a little slow right now but im just gearing up for the 4th quarter
Laid off in jan., unemployment ends this week, even though I have more time, I have been working off my antiques inventory. Sales are slow online , flea market average is @$300 / day with rent & gas to pay. So not comfy to live on social security alone yet
I sold on eBay before in 97 until about 2008. I was working a weekend job that paid well and it was more a hobby for me plus the extra money was nice. In the beginning everything I listed sold. But, it is hard work, sourcing items, listing, packing and mailing. I have since retired and thought about starting to resell again. I did enjoy it, especially finding those surprise items that go for big money.
I retired early as a chef to resell full time. I loved my job but no longer wanted to punch a clock day in and day out. My pension covered the bills so there wasn't a lot of pressure on me. Unfortunately, this makes it hard to stay motivated. When the alarm goes off at 6 am to go to garage sales I'm tempted to just turn it off and go back to sleep. Fortunately, I love the hunt, so I get my butt out of bed.
RUclips resellers really speeded up the process of making it much more difficult to resale. You have to hustle twice more now. I used tell others that reselling can be a stable income, but not anymore. We might have another 5 yrs before the bubble pops. Keep your day job guys. The real question is, should pickers like commonwealth given the opportunity, would they do it again, tell the world their secrets just to gain a bit through social media?
Reselling is not getting better. The competition is increasing, corporations and big sellers are entering the field to sell used items, and costs are increasing. It is possible to make full time living though.
I’m a hobbyist. I’m an educator in my 25th year (also started young) and we here in CA are among the highest-paid teachers in the country, BUT I can’t ever imagine quitting. The cost of living here is incredibly high and I still have a mortgage.
I used to sell on the side a little bit. I tend to not buy on ebay if I can get it elsewhere. I think unreliable sellers are a major problem. I just purchased an ac blower monday and it still hasn't shipped. The seller won't respond. I knew there was a chance as the seller only had 1 feedback but the account was activated in 2013 so I figured there was a shot. It was the only one that included the motor and fan/housing so that played in my decision. People don't want to sift through products and have to sift through sellers and then wait 7 to 10 days to receive their order. Certain htf items probably still have great sell throughs but the everyday item market on ebay appears to be close to dead.
You always put the best questions out there! 👍I am a full time reseller and love it! I retired from my full time marketing job about 8 years ago to go full time into my part time bakery business (wedding cakes, mostly.) Then came 2020 and the little virus that shut down the wedding industry, along with just about everything else. I was doing a little ebay and poshmark on the side part time. But when I had to start giving back $500-800 deposits on those wedding cakes, my husband and I knew we had to do something and quickly! So I sold everything to do with my bakery (mixers to spoons) and went head first into reselling. And we have never been happier or better off financially! We have paid off 2 vehicles and have NO credit card debt. And that took pre-planning before I retired initially.
Definitely bursted for those mass that jumped on the band wagon without knowing what to expect and not having a clue in regards to quality control and customer service
I went full time after doing it part time for 3 years. I niched down and sell mostly golf clubs. Full time reselling is only dead if you dont know how to source list and execute properly. Love watching different resellers channels and yours, I learn new Bolos everyday and find this stuff all the time.
No I don’t believe it has ! It’s just that most people don’t have the patience to grow their business slowly I believe that’s key to success !! Also as far as sourcing it’s out there either online thrifts travel,and again people just need to have patience and give it time .The one other thing that may be more important than anything is educate yourself if people do these things they certainly can be successful!!
Education is key instead of just copying what all the re-sellers say to look for. It's like highschool all over again with some of them copying off your math test. It's getting tiring them watching me pick up stuff and seeing if I put it down. For instance, I was looking at a Tommy Bahama shirt to buy for my friend who is leaving the Country and going to the the Tropics. It's getting annoying. Then I went to a junk store looking for paper. I saw some guy scanning every one of the plush (which is dirty and nasty) and about 75 of them. It's the new re-sellers that are driving everyone crazy AND I am one. They are acting so desperate. I would never depend on this full time.
Hi Kevin, this might be too late to get a response but here goes: You’ve gracefully shared your history with teaching/coaching and your frugal lifestyle. This may be on an older video I’ve not seen, but I’ve often wondered how you came to be situated on what seems like a decent plot of land there in Virginia with the “lower” income job and frugal behavior? Thanks for sharing and for the other things you do.
Since July 1st 2022 when Ebay started collecting taxes, my sales went down and shipping from Canada to the USA is way too much. Most of the buyers were from USA
as much as having no debt this lifestyle works best to to if you don't have any kids. whatever situation you find yourself in, you'll be able to master it if you are independent. maybe it's just me but I see it as a huge life goal to not have any responsibilities in that regard unless you are rich or 100% able to perfectly secure a good life for them the next 30 years
100k to live? I was barely making 40k at my fulltime and that was considered a decent job around here. Dont have kids, my mortgage is fairly cheap and vehicle is paid off so I certainly dont need 100k to live. I could get by pretty well on 30k. I'll snag a part time evening job if I need to.
It all depends on your ability to find enough in demand items weekly. If you can't then it won't be sustainable just selling on ebay and it is NOT safe to just have one source of income these days.
I just went back to full time reselling this year after a couple decades of part time reselling. The key is to keep in mind what the rest of your life looks like. I quit full time reselling back in 2004 because of the precariousness of it. That was the year my youngest son was born and I just needed something consistent so that I could weather the summers (the summer slowdown has ALWAYS been a thing). Now that everyone is grown and gone, my home and car are paid off, and my bills are relatively small, I knew I could go back to full time. I've had a good year but there have definitely been a couple of scary patches but, having done this in the past, I know they will pass. I know I can do instacart, amazon flex (YUCK), or spark if things get really tight. Fortunately, that hasn't happened since I made the decision to go back to full time. I know that this is a life choice that can be very chicken or feathers, but now that it's just me, it doesn't matter. The reselling bubble has popped a zillion times since the 1990s but here we all are so clearly the bubbles are coming from a bubble wand and there will be more.
I am a retired person as a hobbyist of eBay. I get enough money so i do not have to dig into my SS ck for fun money. I can choose my time I spend on my hobby. I love your channel.
I work at reselling part time. My husband and I are retired and on social security. This gives us a few bucks a week for groceries or small bills. I don’t sell much but it keeps me busy.
My sales for the month of July have been horrible. I lost my job of 26 last August due to company downsizing. I have been selling on eBay since 2003 but have really ramped up before and during Covid. I hope sales pick up soon because at 55 I really do not want to go back to working for someone else again.
Congratulations bro, never give up and don't go back to Egypt with the other hater modern day miserable slaves. Keep this additude alive and keep watering It. You even have a hater in your first comment so you're doing something right!
Im a fuul time reseller now, i closed my smoke shop 3 years ago and became a full time reseller after i noticed i made more selling on eBay and mercari then i ever made at my smoke shop or working for someone else. But sales have definitely dropped for me in the last 6 months and source of material has got hard such as storage auctions and goodwill etc
I been full time for 14yrs now, its the people who don't know how to adapt or change. Or the people who started during covid and thought they could do it! It has it ups and downs, but where else can I go to make 500 per day, and come and go as I please!? A lot of the youtubers that lied to us and believed there lie about how good they was, are now back to work! I have 7 kids so thats my why, if your weak and dont have a strong why then thats a huge issue!
For me... im part time reseller due to my dissability. So 1-2 hrs a day. Making ok profit. Lost my job due to inability to work. To work full time is when you have your exspenses paid down and have enough average monthly to pay bills woth 6 months of savings.
IT IS SLOOOOOOOOW when it comes to the everyday items that used to sell during the covid era. If you put up a hot item, yes it will sell quickly. But looking at yours and other reseller videos, it seems like the sale prices on most items have come down a lot. Most items are going between 15-20 bucks. So, as a part timer, I'd need to have a ton of inventory listed to make it worthwhile with the effort i have been putting into it the last 4 years. Things seem to sit much longer before selling now and I'm not interested in taking over my basement with such small dollar items. I will keep selling, though I'm going to become way more picky on what I purchase going forward. I still love the hunt and the flip!
even though I'm retired I'm still a part-time reseller, i ve been doing this a long time there was a time when the money was really good but life be lifeing and some things took priority over reselling. my sales has fallen quite a bit but i still sell because i do love it., It's also hard work but fun and I love looking for treasures and selling. I do know that I need just a little more dedication to make it work again.
I tried reselling but it was tailored towards new items (retail arbitrage) & selling on Amazon. Couldn’t make it and went back to a 9-5. Roughly 1 year ago I left that job to get back into reselling (bit of a different style) but have found much more success with these types of items.
Ebay fees are out of control. The promote percentage makes profit for ebay only. It's worse than the mob. Don't promote don't sell! No room to profit as a seller. Full stop
So many factors. Medical insurance, dental. Kids insurance. If you get that through your employer. It costs a lot for self employed. If you can get it from partners employer? So many factors that will suck the profits. It’s not just the hours or income. Benefits are important too.
Part time picker here , I believe it has not burst but just changed with the times. Even watching your videos you know things that would sell easy , then they just stopped selling. So what I'm saying everything has a factor in your sales. Time of year, economy. Or even if its just a fad. Or the flooding of the market with an item. We still have fun me and the misses, so until it's not fun ,,,See yall out there 😊
I have been buying and selling part time on ebay for over 20 years. I am a very part time reseller. My store is open one to three days a month but that will change in the near future. Considering how many $500 sales in a day I have been having lately I don't think ebay is dead at all. Reselling is tons of fun and it gives me the opportunity to meet people and establish business relationships and some new friends in the process. Actually I am afraid that I am having so much fun doing this, and making way better profits than I could in any investment, that I won't want to move to our house in the Philippines when my wife retires LOL. One thing that gave me a blast recently is listing for sale the very first vinyl LP that I bought at the age of 14 some 42 years ago. Another was selling a tire inflator that I took to Baja Mexico and never used over 30 years ago on a solo month long camping trip and listed as "complete with vintage Baja Mexico sand".
ive been on ebay for over 30 years but active the last 15 years. Im am a Back Ground actor in Hollywood and sell at the swapmeet in Ventura CAlifornia on Wednesday. When I had a niche product I was living on my ebay. But maybe others started selling the same and from china so I was no longer able to live on my ebay. Started to be a every seller then about 2 years ago started doing the swapmeet but have had to pull from my retirement to make ends meet. I working towards not having to pull any money but its tough to do being single person operation.
I don't believe people like this are selling this much. In the mid-2000s Ebay started this Mentorship crap and it didn't take off, but now I wonder if they are paid by Ebay to get people to sign up.
I am a hobbyist reseller. I am a Manager for a major retailer. I have also retired from a state job where I spent 22 year at and receive a pension plus health insurance. I am close to having a 2nd retirement from my current job so quitting to resale full time is not really something I would do just yet. That being said I would love to just be a full time reseller in the near future but there are so many things I would have to learn and change about my business in order to be successful. The Main reason I love watching your videos is because of the useful and interesting information that I get from them that I hope will allow me to be successful when I do transition to full time.
I didn't go from part-time to full-time until I started my retirement & insurance package. I retired 37 months ago & my sales are actually up. I just focus on listing, listing listing & I just hit 4325 items & dropping more daily. Have a great weekend & enjoyed the show.
It's still work, as you pointed out. The difference is that you're working hard for yourself. Definitely takes hours and hours of work, I'd say give it a year before you decide to quit a steady job. There's no guarantee you will find those high paying sale items, that can be stressful if you're depending on that money to survive. Educate yourself as much as you can, if you're watching this channel, then you're off to a good start!
Recommend 2 yrs. experience, side job, listing at least 5 items/week for profit. I always sold as Auction, not Buy it Now, but sold primarily antique books so few if any comps. May not always sell your item as I did, but get them listed. Learn Ebay ins and outs as you go. Use your common sense. These days I find the more I list the more I sell, which is common sense but doesn't always happen. Be patient.
I've been selling for 7 years & havn't made it full-time. My sales stay between 1 to 5 items per week. Its mostly my fault i love to list but not ship. So been working hard to fix and increased sales to $600 for july. I will never quit reselling i enjoy it too much. I'll stay a part time seller forever because i love selling hate shipping but fixing that part.
Don't quit your day job if you think you are going to work less hours full time reselling on eBay. Unless you are an established business or have a lot of working capital it will take years to get established enough on eBay to make a full time living reselling. Thrifting alone will not come close to getting enough inventory required to sustain full time revenue.
I wanted to retire so I gave it a year and build my money in a account I had a goal for a year if I could make a certain amount then I would come out. I retired in 23 months still reselling now 2 years loving it
Been a fulltime Ebay reseller since 3 days after Ebay was opened was reselling in a flea market before Ebay. I watch you tube videos mainly to see BOLO ideas. I feel most people stress over changes that happen on the platform. And boy has there been changes since the beginning. Ebay use to not be in your business at all. Biggest complaints is the changes and restrictions. I have adjusted to a very generic way of selling so most things Ebay throws out there doesn't really bother me much. I am very simple. The only thing that gets me sometimes is glitches. Never give up your business till you have earned the income a couple of years where it surpasses your current income. And know its not gonna be a set profit coming in all the time. There is slow downs at times. And know it takes constant listing and several thousand items in your store to keep it coming in regularly. Always have another income stream as well. I also sell Vinyl T shirts which brings in a nice income as well it makes up for slow downs in Ebay. Its a way of life and never quit learning. Start selling things you know and add other things till you get the hang of it so you don't lose money. Biggest thing buy low sell high. Find that honey hole and use it whenever you can.
Its all depends what someone calls a full time income and how much they want to work. Ebay has been my full time income since 2001 and I do $1500 to $5000 a year gross sales. This year so far I've averaged 50-60 hours of work a week and have done $537.67 gross sales with a net of $259.82. I have no trouble living on that amount.
I’m a part time UK seller selling clothes and boy it’s hard work at the minute, seems like nobody’s buying anything and people are making really low offers. Is Vinted in the US? It has really impacted sales as people want something for nothing
I wouldn't say I'm full time per say because my medical issues limit my time but I put in what I can. I haven't seen much of a slowing but I mostly sell games.
Recently divorced, went from being a stay at home dad and extremely part time reseller to now where I'm working roughly thirty hours including all aspects of it. I had to be able to take care of myself and my two little children. I thank you and the couple other resellers I watch regularly have help me tremendously. I could never thank you guys enough for making it possible for me to do what you guys do and have a lot of free time for my kids. I love watching your videos, and again thank you for so much knowledge.
I have sold off and on mostly ebay for 26 years. I have sold while working at other full time "real" jobs and I have sold while unemployed. Now my husband and I are retired, and I am reselling full time mostly as an excuse to get out of the house. I don't make tons of money, but it keeps me busy, it gets us out to garage sales and auctions and keeps us moving. I am 63 and my husband is 74. The money is a nice bump to our income, and I don't know what I would be doing otherwise. Sitting around getting fatter probably. I find that when I am not selling, I miss the garage selling part of it. Digging through boxes and finding other people's treasures to me is fun and exciting. Talking to people and learning about the weird things I find are a big part of it too. I follow you because I see the passion for digging and searching for treasure in your videos over the other Tubers who are all about scheduling and structure and business planning.
Ebay has been dead all summer. Shipping rates killing online sales.
Maybe for you
@@jeremynovak471A lot of people
ebay's buyer return policy is the root problem
@@jeremynovak471obviously they mean for them, or they wouldn’t be making the comment. What was the purpose of your comment, to flex your sales? Let me see your recently sold listings then, what’s the name of your store
@@zachariah7114 no. They made a blanket statement that just isn't true, seeing as how you're watching a channel of a guy who makes his living on eBay
Health insurance is a big concern in making the decision to leave a job. My husband works and we are covered, so for me to be a full time reseller was an easy decision. I did it for years part-time while homeschooling my kids. Now the youngest has entered college, but I am still his chauffeur. Once he starts driving, I will be free to ramp up the business. I always have going back to work for the State of Texas as a backup, but only if absolutely necessary. I LOVE reselling and the freedom it provides.
Reselling for a living is glamorized but I appreciate your practical take. I’ve been reselling for 8-9 years, successfully, as well as running my own business. I think personal finance, having no debt, having your house paid off or 1-2 years worth of living expenses saved up would provide a “safe” runway to try it for most.
I'm full time reselling and my sales are up 28.6% this year. I've heard of a lot of people having to find part-time jobs in the reselling world. The main reason is items are not moving fast enough and not selling for as much anymore. Most of those people started about 4years ago when online shopping reached an artificial peak. The growth was not natural but forced. Now that mostly everything has returned to normal it's going to take a lot more hard work to make it.
I’m not sure things are going to return to something that resembles normal, with the economy, housing markets, state of affairs in the country, all the “un-speakable” issues that make watchers un-subscribe from the you-tubers that talk about I don’t think we are going to get anywhere near normal.
@@robertscott6215 I was speaking more about business growth online. All these other issues will exist no matter what.
I’m a hobbyist seller. I plan on retiring at the end of the year. I don’t need the income to live but I would like it to pay for my pre-65 insurance premiums for 1.5 years before Medicare kicks in. My husband is 7 years older than me. He is 70 and has been retired for 5 years. Who ever knows our future but I don’t want to go 2 more years!
I'm a full-time reseller (been selling for 2 years now) after retiring from teaching last year. I work about 30 to 40 hours a week, and I'm having my best month ever with almost 5k net this month. I have 1400 or so listings. My avg ASP is $45 right now, and I live in a place that doesn't have a ton of thrift stores. My ROI is at least 5 times what i sepnd after all expenses. I mostly shop yard sales, 2 thrift stores, and some estate sales. Business is great right now. Not sure whether it will continue, but I'm hopeful. Thankfully, I have my retirement pension, so the pressure is off.
I worked full time and sold on the weekends at the flea market, when I used to resell, got disabled at 57. Reselling has always been in my blood, like my mom 😊
The bubble isn't bursting, the sellers are. Buyers are looking cheap,cheap, and reasonable shipping. Most of my sales are $15-$20 plus shipping. Hard to find bargains any more at my Goodwill so I quit going there. Finding better quality at garage sales.
Yall definitely destroyed what Goodwill was set up for..
@@ASouthernBoyCanSurvivewe made Goodwill greedy did we?
@ASouthernBoyCanSurvive
Goodwill's Mission Statement is that it provides job for people who may have a hard time finding a job. Many think it was to cloth low income people. You can find their statement on their Website.
@lisadiaz9454 their mission isn't to sell things for a buck so youtubers can sell it for 150.. but Goodwill has worked it out and put the stop to you folks.. so now no one can get s good deal..
@@ASouthernBoyCanSurvive so be mad at Goodwill, they are the ones who get it free.
I'm just a hobbyist when it comes to eBay. But I can tell you why people go back to work. It's because there's less responsibility and things to do. As a business owner, there's so much to it. Punching a clock and taking home the bread is way less responsibility. Overhead can be a killer as well, depending on how deep you get. So, having a job frees up more time. By the way, Kevin I myself am a retired high-school auto shop teacher. Keep up the great work 👍
That's why you get into business because it is your passion not as a get rich quick scheme. If it isn't your dream to build a business, get a job.
I told me brother the other day what my day consists of as a reseller and he said it sounds exhausting, which is certainly is. I'm not going back to a full-time tech job if I can help it.
I’ve always had two jobs or one 60+ hours a week job. When I had a stroke that affected my motor skills, I couldn’t get a job, so it was forced retirement at 50. Luckily, my Social Security was enough to live on, modestly. But retirement can get boring, especially to a crippled guy. Reselling gives me something to do and some money, too. I’m in my 70’s now.
This is surprising just because I would think enough people care about sweatshop workers, amazon workers, as well as seeing that desert of fast fashion in Chile. I don’t know the ebay rules but if i started listing there, part of me would want to put a picture of that desert in my description. I do see some things that really piss me off when I try to sell my old concert shirts. Unless the app has an option to go from high to low price and someone actually uses it, they’ll see hundreds of $15 shirts made last week in Bangladesh instead of the one I have kept with me since 1993. And it’s illegal.
I absolutely agree sourcing at garage sales looking for the next great item is so much fun and usually the cheapest way to get great items!
My dad passed and I needed to get comfortable with selling things to start selling his things.
I started in 2019.
2024 I lost my job (worker comp injury)
It's hard to list things.
I have ALOT ALOT ALOT of things
GREAT ADVICE, KEVIN. ALWAYS THE TEACHER AND YOU ARE HELPING SO MANY FIND THEIR PATH!
MARILYN🇺🇲🙏💕
i am going to make a couple of separate comments on this video. I am so glad you mentioned social media as a part of your reselling business. I still agree with you that you could have absolutely made it without the social media. I also appreciate how you fight to stay out of debt and live without the "Lifestyle" others are into. But also keep in mind the resell culture becomes bargain shoppers, couponers, deal spotters, and tightwads for everyday needs and wants(this is good) I also want to say I am more entertained by your picker channel more than the flipper channel but I consider the flipper channel more as an instructional and COMMUNITY channel . The discussion and debate and even the more aggressive comments have value, So with that I say thank you for every thing you do. You are a successful reseller, youtuber, and a person.
I’ve been full time reseller for 12 years.
Speak to many other resellers and what most people don’t understand is that eBay controls your sales. You can have 5 sales in an hour , then go the next 24 hours with no sales at all.
If you’re a newer seller , you’ll see faster sales , especially if your undercutting everyone on price. Once your account is a few years old you’ll see how they control it.
If you an ell a big ticket item , then just plan on the next few days of having no sales.
eBay has too many sellers , not enough buyers. They want each seller paying those store fees and so the Cassini algorithm splits up the sales to keep everyone as happy as they can.
Some don’t believe this but that usually people that are new or small part time sellers.
We have 2 units of shelves and about 100k in products listed and it’s Monday morning. Haven’t had a sale yet today and the weekend is dead.
If you don’t have the room to store products , and you live check to check DO NOT do this full time. Stay small and just keep this as a side hustle.
This is just not true. If you have product with a demand and you price it correctly you will make sales. If your inventory doesn’t have high demand it will sit on the shelf longer. I have been selling on eBay since 2008. This is the way it’s always been. I sell a lot of low sell through rate items and I promote them at 2-5%. I have consistent sales almost daily. I have days where I sell something that’s $200+ and the next day ends up being better.
I retired from the USAF and I'm also on Social Security - I started my reselling business to provide some additional income - My wife is disabled but has an eye for valuable things. We have been reselling for about 2 months. Our sells are growing, but nothing to crow about.
I would not recommend reselling unless you have other income because the economy is getting worse, and inflation is destroying people ability to buy! Ironically trying to keep up my standard of living with inflation has forcing me into reselling!
Democrats ruin it to force us back to slavery
I got into reselling as a hobby. I am an empty nester and tried to find something to occupy my time. I began thinking I would do the sourcing (my favorite part) and then hand off to my son so he could have extra money and just pay me back my cost. He didn't really do much of it and then my granddaughter came along and now the money I make goes for investments for her. With changes in my job I would LOVE to go full-time but the reselling is nowhere near what I make so I keep chugging along doing both. I work from home so don't tell my boss I occasionally list items in between tasks ;-) I will retire in about 10 years so I've already got a great start in what I will do in my retirement.
I’m a survival reseller I was let go from my job and I’m reselling just to survive 😅
Retied military and Fedex, so reselling is just some extra money. 2 Pensions, medical coverage, 401k and stock. Hope people that sell full-time are able to retire at some point.
2 reason why you are not a fulltime reseller, 1) you haven't figured out yet that you have to work really hard all the time, like 7 days a week. 2) you like the idea of being a fulltime reseller because of the freedom it can provide but you don't really have the drive or motivation to work that hard. You don't mind being told what to do. A Boss is a Boss in any position, and that generally doesn't work well in cooperate jobs. My Bosses didn't like me telling them what to do, but I am the boss and they had a silly title. You need to be a self starter, disciplined and hard working to be a fulltime reseller, most people are none of these things. If you are okay with working for someone else you will, if you are not, you wont. Those that wont, can be fulltime resellers, those that can, will probably end up working for someone again at some point.
I have been a hobbyist for 20 years but this is the year I am trying to make it part time. I was able to quit my side hustles of doordash and instacart shopping to do part time reselling. My husband works full time. He is supportive and helping me build my business
I've always wanted to resell but just recently started as a side hustle. I enjoy the hunt for items whether it be thrifting, yard sales or storage auctions. I'm 4 to 6 years from retirement, so I'm hoping when I get there I can resell for some extra money. Meanwhile, I'm still punching the clock full-time. This is all a learning process. I'm in the negative because I'm still learning but I've found some nice buys. I think social media would help with reselling, but I'm not made for it.
I'm 38 years old with a goal of reselling full time along with my wife. It's hard work but we like that it's hard and we have an ever growing strategy on how to make it happen. I think the reality that reselling is a difficult path will weed out the folks that have a romanticized vision of it and end up leaving more opportunity for the ones that are willing to stick it out and choose it as a lifestyle. Thank you for your perspective, it helps us in finding our own path.
Just realize that the slow sales everywhere is because people are suffering, we are in a major recession regardless of what the media says.
I’m a part time reseller and it’s easy to make decent money, but it took me a couple of years to learn. My ASP is $68 since I have limited time and only list higher value items. I’m on track to gross ~$75k this year only listing 1-3 items per day.
Wow....I don't think I'll ever get there.....but hoping!
@@stephaniehalo7005 You will.
It is a lot of work 😊
Reselling is currently my side hustle, I'm looking to retire in 2 years at 62 years young. Retirement for me is doing something that I enjoy. I've been in the corporate world over 40+ years, my husband and I have been both blessed with well-paying careers. As a side-hustle, it has allowed me to learn and make mistakes without jeopardizing our livelihood. At retirement, reselling will be MY business that I enjoy that allows me to make money that goes toward our contingency and travel funds.
I never hear this mentioned, but the thing keeping me from going full-time is health insurance. I know every family's situation is different, but for me, my job supplies my family's insurance. Every other option I've looked at is crazy
Good point and don't forget Companys Matching there 401K my matches up to 4.5% paid vacation and sick day at this point after 17 years in my job. I have 27 paid day and 6 paid holidays. As much I would love to resell full time is hard replacing all this.. for me to match my 75k salary I'm thinking I would have to gross reselling Like 120k to cover everything. Right now I'm grossing between 50k & 55k a year on the side. This helps pay for all my family vacations and car. So I will keep this going till I can't no more
Yep, it cost me $912 a month for my families health insurance.
You basically need to make 3 times what your day job is to live at the same level.
My husband has been a 1099 business consultant for many years. It was far cheaper for us to negotiate cash prices for medical expenses, and participate in a medical sharing program. We have the top plan available and catastrophic medical through Christian Healthcare Ministries. It's quite affordable, everything is filed online, and it allows us the freedom to choose our own PCPs and Specialists. We spend far less than other traditional medical insurance with copays and meeting deductibles. Yes, there's paperwork involved for larger expenses, but it's super easy to do. Check it out for their different tiers and pricing....they do have family plans. Just a thought as an alternative.
Exactly! That's the reason I keep my job because I'm not gonna want to pay for insurance out of pocket. Also I'm going to need that retirement check so that I can sit down one day
Husbands self employed and so I am the bread winner and insurance provider. I think our health insurance would be $2000/month if I quit and did Cobra- so I willl keep my job!
Came in with high debt and my spouse and I both quit retail jobs that changed during the big sickness. Built it and debt consolidation is hiw we lowered the budget. It is not easy and my wife prefers a job so she is back at it. Consistency, cheap and reliable sourcing, and paying for a little help is how you scale. Then you better figure out how much room you have to scale and keep in mind shelving and other cost. Think you got....better take good care of your vehicles too. I love being self employed, but it is not easy!
I don’t worry much about it. Yes the beginning of July was excellent but the second has been pretty dismal. I just keep on improving on my listing and packaging.
Tell Turner we love his jokes (he’s such a cutie 🥰)
Part timer constantly for the past 5 years. If there was a bubble that burst was after the “pandemic” ended. There were times during the pandemic that I thought I could make a go at it full time (but decided to stay at my full time job). Last year was my best sales year on eBay. If I had to go full time if something happened to my employment, I think I could probably get by. I think, just like any business, it takes time and effort to build it.
The pandemic hasn't ended
I’ve been doing this as a part time/side hustle . Since 2022 at least there’s a slow down until kids go back to school . Probably the summer vacation takes a bit more of ones disposable income .
I think more people are buying used like from eBay and other platforms, but at same time think more people aren't paying as high as they used to
Also, reselling is one of the only things those of us with chronic illnesses who cannot work 9-5 can do. I’m lucky I freelance write as well.
I've been selling for about 3 months. I sell more as a hobby. However I feel it all comes down to what you're selling. If you can find unique/rare items it'll help selling faster.
3 months in after being "restructured" out of a job. So now, living and learning as we go. Giving it a good go.
I don’t buy new cars either! Plus I’m a thrifter at heart. Most of our furniture is from resale shops and we could afford to buy new.
Every time I want to quit my job and become a full time reseller, the economy tanks! So I stay.
Hobbyist here. Only real money coming in is from items being sold from my personal collection (i.e. things I would buy for me). The economy and people’s disposable income is being thrashed by debt right now. Until the economy gets back on track, which being in finance as my primary job, I think it’s going to be another 12-18 months before things pick back up. We’re going through another 2008 market crash, only this one is going to be worse. It will get better, but not before times get even tougher. Buckle up and be prepared to work to make ends meet.
The issue with ‘doubling hours to make double the money’ is that people don’t tend to double the hours on the tasks which actually make them money.
Say they spent 20 hours a week on eBay before. 10 hours listing and 10 on sourcing.
They start doing 40 a week but end up still only listing 10 hours a week but now they’re sourcing and doing other random stuff 30 hours a week.
Suddenly cash flow is ruined, they’re overwhelmed by the giant pile of inventory they have acquired and feel drained because they’re spending more time on eBay but aren’t seeing the returns.
Fast forward 6 months, they’re broke and trying to offload their unlisted inventory for pennies in a bid to claw back something.
Yup this right here
Yes #1 rule every business owner needs to follow is do the tasks that make you the most money first.
Reselling should be part time only
One shpuld have a job to have a consrant money flow, problem are most resellers made a full time job aNd when people s prioritize food over collectibles and non necessities, full time resellers have no fall back
Miss Rosie Renee is a Commonwealth Picker watcher??? Love this unexpected cross over!
@@CommonScentsAintSoCommonNow
Hello! Expect the unexpected 😂 I’ve been selling books since I took a break. Didn’t think anyone would notice me in this genre of content.
I’ve been a part time seller since 04 I do it for extra income. It seems a lot more ppl are doing it these days and have made it very competitive with tight margins for me to do it full time
i am now full time after working in warehousing for years for various companies and getting fed up of contracts being cancelled
The lows are lower than they have ever been so kinda yea. I believe the biggest issue is there’s so many new sellers. There’s just an over abundance of everything you can think of to sell. I believe so many people are hurting for money they are selling themselves to make ends meet. And it’s so easy prove able so many rare books cards memorabilia that only sell once or twice a year. There is literally 10 20 30 and so on of these super rare items listed as we speak. I always reinvent the way I sell but I don’t see an option rn just gotta wait this downturn out imo.
Did it full time for a year grossing about $6,500 per month, I'm less than half that now. I'm unmotivated to list now because stuff just doesn't move as fast.
I noticed a rapid decline when gas hit $5 a gallon a few years ago. Even though it went back down, my sales never went back up.
My gosh! Where was it $5 a gallon??
@@thegardenstatepicker NH for a few weeks
It’s almost five right now in CA
@@commonwealthflipper holy cow… that’s crazy.
Yup. Never..quite... hit $5 here, but sources dried up like an overused aquifer and never really came back.
Im a new sub and this was very helpful. I was a thrift store manager for a decade and have researched thousands of items of various types etc. I am considering it but, i dont have the room currently and a good place to handle merchandise. So i am working toward starting but learning all i can till i get ready to start. I know many resellers and understand its not easy.
Became a stay at home dad a few years ago but wanted to help contribute more to the family income so i picked up flipping last October and grew a noce little shop and hust broke 1000 items sold on ebay!! Its tough and sales are a little slow right now but im just gearing up for the 4th quarter
Laid off in jan., unemployment ends this week, even though I have more time, I have been working off my antiques inventory. Sales are slow online , flea market average is @$300 / day with rent & gas to pay. So not comfy to live on social security alone yet
The bubble burst years ago. Everybody has a nest NO EGGS
I sold on eBay before in 97 until about 2008. I was working a weekend job that paid well and it was more a hobby for me plus the extra money was nice. In the beginning everything I listed sold. But, it is hard work, sourcing items, listing, packing and mailing. I have since retired and thought about starting to resell again. I did enjoy it, especially finding those surprise items that go for big money.
I retired early as a chef to resell full time. I loved my job but no longer wanted to punch a clock day in and day out. My pension covered the bills so there wasn't a lot of pressure on me. Unfortunately, this makes it hard to stay motivated. When the alarm goes off at 6 am to go to garage sales I'm tempted to just turn it off and go back to sleep. Fortunately, I love the hunt, so I get my butt out of bed.
RUclips resellers really speeded up the process of making it much more difficult to resale. You have to hustle twice more now. I used tell others that reselling can be a stable income, but not anymore.
We might have another 5 yrs before the bubble pops. Keep your day job guys.
The real question is, should pickers like commonwealth given the opportunity, would they do it again, tell the world their secrets just to gain a bit through social media?
Reselling is not getting better. The competition is increasing, corporations and big sellers are entering the field to sell used items, and costs are increasing. It is possible to make full time living though.
I’m a hobbyist. I’m an educator in my 25th year (also started young) and we here in CA are among the highest-paid teachers in the country, BUT I can’t ever imagine quitting. The cost of living here is incredibly high and I still have a mortgage.
I used to sell on the side a little bit. I tend to not buy on ebay if I can get it elsewhere. I think unreliable sellers are a major problem. I just purchased an ac blower monday and it still hasn't shipped. The seller won't respond. I knew there was a chance as the seller only had 1 feedback but the account was activated in 2013 so I figured there was a shot. It was the only one that included the motor and fan/housing so that played in my decision. People don't want to sift through products and have to sift through sellers and then wait 7 to 10 days to receive their order. Certain htf items probably still have great sell throughs but the everyday item market on ebay appears to be close to dead.
You always put the best questions out there! 👍I am a full time reseller and love it! I retired from my full time marketing job about 8 years ago to go full time into my part time bakery business (wedding cakes, mostly.) Then came 2020 and the little virus that shut down the wedding industry, along with just about everything else. I was doing a little ebay and poshmark on the side part time. But when I had to start giving back $500-800 deposits on those wedding cakes, my husband and I knew we had to do something and quickly! So I sold everything to do with my bakery (mixers to spoons) and went head first into reselling. And we have never been happier or better off financially! We have paid off 2 vehicles and have NO credit card debt. And that took pre-planning before I retired initially.
I definitely have no problem buying 😅. I might have problems selling. But I know l will get it done and figured out
Definitely bursted for those mass that jumped on the band wagon without knowing what to expect and not having a clue in regards to quality control and customer service
I went full time after doing it part time for 3 years. I niched down and sell mostly golf clubs. Full time reselling is only dead if you dont know how to source list and execute properly. Love watching different resellers channels and yours, I learn new Bolos everyday and find this stuff all the time.
No I don’t believe it has ! It’s just that most people don’t have the patience to grow their business slowly I believe that’s key to success !! Also as far as sourcing it’s out there either online thrifts travel,and again people just need to have patience and give it time .The one other thing that may be more important than anything is educate yourself if people do these things they certainly can be successful!!
Education is key instead of just copying what all the re-sellers say to look for. It's like highschool all over again with some of them copying off your math test. It's getting tiring them watching me pick up stuff and seeing if I put it down. For instance, I was looking at a Tommy Bahama shirt to buy for my friend who is leaving the Country and going to the the Tropics. It's getting annoying. Then I went to a junk store looking for paper. I saw some guy scanning every one of the plush (which is dirty and nasty) and about 75 of them. It's the new re-sellers that are driving everyone crazy AND I am one. They are acting so desperate. I would never depend on this full time.
Doubling your hours doesn't double your income because you can't get double the amount of quality merchandise from your local sources
Hi Kevin, this might be too late to get a response but here goes: You’ve gracefully shared your history with teaching/coaching and your frugal lifestyle. This may be on an older video I’ve not seen, but I’ve often wondered how you came to be situated on what seems like a decent plot of land there in Virginia with the “lower” income job and frugal behavior? Thanks for sharing and for the other things you do.
Since July 1st 2022 when Ebay started collecting taxes, my sales went down and shipping from Canada to the USA is way too much. Most of the buyers were from USA
as much as having no debt this lifestyle works best to to if you don't have any kids. whatever situation you find yourself in, you'll be able to master it if you are independent. maybe it's just me but I see it as a huge life goal to not have any responsibilities in that regard unless you are rich or 100% able to perfectly secure a good life for them the next 30 years
100k to live? I was barely making 40k at my fulltime and that was considered a decent job around here. Dont have kids, my mortgage is fairly cheap and vehicle is paid off so I certainly dont need 100k to live. I could get by pretty well on 30k. I'll snag a part time evening job if I need to.
It all depends on your ability to find enough in demand items weekly. If you can't then it won't be sustainable just selling on ebay and it is NOT safe to just have one source of income these days.
Full time job is a bargain and a half. There's almost no way you can "lose money" with a full time job.
I just went back to full time reselling this year after a couple decades of part time reselling. The key is to keep in mind what the rest of your life looks like. I quit full time reselling back in 2004 because of the precariousness of it. That was the year my youngest son was born and I just needed something consistent so that I could weather the summers (the summer slowdown has ALWAYS been a thing). Now that everyone is grown and gone, my home and car are paid off, and my bills are relatively small, I knew I could go back to full time. I've had a good year but there have definitely been a couple of scary patches but, having done this in the past, I know they will pass. I know I can do instacart, amazon flex (YUCK), or spark if things get really tight. Fortunately, that hasn't happened since I made the decision to go back to full time.
I know that this is a life choice that can be very chicken or feathers, but now that it's just me, it doesn't matter. The reselling bubble has popped a zillion times since the 1990s but here we all are so clearly the bubbles are coming from a bubble wand and there will be more.
I am a retired person as a hobbyist of eBay. I get enough money so i do not have to dig into my SS ck for fun money. I can choose my time I spend on my hobby. I love your channel.
I work at reselling part time. My husband and I are retired and on social security. This gives us a few bucks a week for groceries or small bills. I don’t sell much but it keeps me busy.
My sales for the month of July have been horrible. I lost my job of 26 last August due to company downsizing. I have been selling on eBay since 2003 but have really ramped up before and during Covid. I hope sales pick up soon because at 55 I really do not want to go back to working for someone else again.
Summer slowdown it will start picking back up again in August
I am never going back to "work", never gonna get another "job". Never going to quit reselling., Here to stay!
You will be back at work in a year
Congratulations bro, never give up and don't go back to Egypt with the other hater modern day miserable slaves. Keep this additude alive and keep watering It. You even have a hater in your first comment so you're doing something right!
Im a fuul time reseller now, i closed my smoke shop 3 years ago and became a full time reseller after i noticed i made more selling on eBay and mercari then i ever made at my smoke shop or working for someone else. But sales have definitely dropped for me in the last 6 months and source of material has got hard such as storage auctions and goodwill etc
I been full time for 14yrs now, its the people who don't know how to adapt or change. Or the people who started during covid and thought they could do it! It has it ups and downs, but where else can I go to make 500 per day, and come and go as I please!? A lot of the youtubers that lied to us and believed there lie about how good they was, are now back to work! I have 7 kids so thats my why, if your weak and dont have a strong why then thats a huge issue!
For me... im part time reseller due to my dissability. So 1-2 hrs a day. Making ok profit. Lost my job due to inability to work. To work full time is when you have your exspenses paid down and have enough average monthly to pay bills woth 6 months of savings.
IT IS SLOOOOOOOOW when it comes to the everyday items that used to sell during the covid era. If you put up a hot item, yes it will sell quickly. But looking at yours and other reseller videos, it seems like the sale prices on most items have come down a lot. Most items are going between 15-20 bucks. So, as a part timer, I'd need to have a ton of inventory listed to make it worthwhile with the effort i have been putting into it the last 4 years. Things seem to sit much longer before selling now and I'm not interested in taking over my basement with such small dollar items. I will keep selling, though I'm going to become way more picky on what I purchase going forward. I still love the hunt and the flip!
STOP the click bait titles!! Add "Has" and all is good. I like your content but the gloom and doom titles are a turn off.
even though I'm retired I'm still a part-time reseller, i ve been doing this a long time there was a time when the money was really good but life be lifeing and some things took priority over reselling. my sales has fallen quite a bit but i still sell because i do love it., It's also hard work but fun and I love looking for treasures and selling. I do know that I need just a little more dedication to make it work again.
I tried reselling but it was tailored towards new items (retail arbitrage) & selling on Amazon. Couldn’t make it and went back to a 9-5. Roughly 1 year ago I left that job to get back into reselling (bit of a different style) but have found much more success with these types of items.
Ebay fees are out of control. The promote percentage makes profit for ebay only. It's worse than the mob. Don't promote don't sell! No room to profit as a seller. Full stop
So many factors. Medical insurance, dental. Kids insurance. If you get that through your employer. It costs a lot for self employed. If you can get it from partners employer? So many factors that will suck the profits. It’s not just the hours or income. Benefits are important too.
Part time picker here , I believe it has not burst but just changed with the times. Even watching your videos you know things that would sell easy , then they just stopped selling. So what I'm saying everything has a factor in your sales. Time of year, economy. Or even if its just a fad. Or the flooding of the market with an item.
We still have fun me and the misses, so until it's not fun ,,,See yall out there 😊
The debt and high-mileage vehicle talk speaks to me... we could start a club 🤣
I have been buying and selling part time on ebay for over 20 years. I am a very part time reseller. My store is open one to three days a month but that will change in the near future. Considering how many $500 sales in a day I have been having lately I don't think ebay is dead at all. Reselling is tons of fun and it gives me the opportunity to meet people and establish business relationships and some new friends in the process. Actually I am afraid that I am having so much fun doing this, and making way better profits than I could in any investment, that I won't want to move to our house in the Philippines when my wife retires LOL.
One thing that gave me a blast recently is listing for sale the very first vinyl LP that I bought at the age of 14 some 42 years ago. Another was selling a tire inflator that I took to Baja Mexico and never used over 30 years ago on a solo month long camping trip and listed as "complete with vintage Baja Mexico sand".
ive been on ebay for over 30 years but active the last 15 years. Im am a Back Ground actor in Hollywood and sell at the swapmeet in Ventura CAlifornia on Wednesday. When I had a niche product I was living on my ebay. But maybe others started selling the same and from china so I was no longer able to live on my ebay. Started to be a every seller then about 2 years ago started doing the swapmeet but have had to pull from my retirement to make ends meet. I working towards not having to pull any money but its tough to do being single person operation.
I don't believe people like this are selling this much. In the mid-2000s Ebay started this Mentorship crap and it didn't take off, but now I wonder if they are paid by Ebay to get people to sign up.
I am a hobbyist reseller. I am a Manager for a major retailer. I have also retired from a state job where I spent 22 year at and receive a pension plus health insurance. I am close to having a 2nd retirement from my current job so quitting to resale full time is not really something I would do just yet. That being said I would love to just be a full time reseller in the near future but there are so many things I would have to learn and change about my business in order to be successful. The Main reason I love watching your videos is because of the useful and interesting information that I get from them that I hope will allow me to be successful when I do transition to full time.
eBay is not worth it. Too high of fees and the possibility of being scammed while eBay is zero help to the seller.
I didn't go from part-time to full-time until I started my retirement & insurance package. I retired 37 months ago & my sales are actually up. I just focus on listing, listing listing & I just hit 4325 items & dropping more daily. Have a great weekend & enjoyed the show.
It's still work, as you pointed out. The difference is that you're working hard for yourself. Definitely takes hours and hours of work, I'd say give it a year before you decide to quit a steady job. There's no guarantee you will find those high paying sale items, that can be stressful if you're depending on that money to survive. Educate yourself as much as you can, if you're watching this channel, then you're off to a good start!
Recommend 2 yrs. experience, side job, listing at least 5 items/week for profit. I always sold as Auction, not Buy it Now, but sold primarily antique books so few if any comps. May not always sell your item as I did, but get them listed. Learn Ebay ins and outs as you go. Use your common sense. These days I find the more I list the more I sell, which is common sense but doesn't always happen. Be patient.
I've been selling for 7 years & havn't made it full-time. My sales stay between 1 to 5 items per week. Its mostly my fault i love to list but not ship. So been working hard to fix and increased sales to $600 for july. I will never quit reselling i enjoy it too much. I'll stay a part time seller forever because i love selling hate shipping but fixing that part.
Don't quit your day job if you think you are going to work less hours full time reselling on eBay.
Unless you are an established business or have a lot of working capital it will take years to get established enough on eBay to make a full time living reselling.
Thrifting alone will not come close to getting enough inventory required to sustain full time revenue.
I wanted to retire so I gave it a year and build my money in a account I had a goal for a year if I could make a certain amount then I would come out. I retired in 23 months still reselling now 2 years loving it
Retired 13 months after reselling
Been a fulltime Ebay reseller since 3 days after Ebay was opened was reselling in a flea market before Ebay. I watch you tube videos mainly to see BOLO ideas. I feel most people stress over changes that happen on the platform. And boy has there been changes since the beginning. Ebay use to not be in your business at all. Biggest complaints is the changes and restrictions. I have adjusted to a very generic way of selling so most things Ebay throws out there doesn't really bother me much. I am very simple. The only thing that gets me sometimes is glitches. Never give up your business till you have earned the income a couple of years where it surpasses your current income. And know its not gonna be a set profit coming in all the time. There is slow downs at times. And know it takes constant listing and several thousand items in your store to keep it coming in regularly. Always have another income stream as well. I also sell Vinyl T shirts which brings in a nice income as well it makes up for slow downs in Ebay. Its a way of life and never quit learning. Start selling things you know and add other things till you get the hang of it so you don't lose money. Biggest thing buy low sell high. Find that honey hole and use it whenever you can.
July has always been a slow month. I’m lucky enough to have this as a hobby since I’m a Sahm.
Its all depends what someone calls a full time income and how much they want to work. Ebay has been my full time income since 2001 and I do $1500 to $5000 a year gross sales. This year so far I've averaged 50-60 hours of work a week and have done $537.67 gross sales with a net of $259.82. I have no trouble living on that amount.
I’m a part time UK seller selling clothes and boy it’s hard work at the minute, seems like nobody’s buying anything and people are making really low offers. Is Vinted in the US? It has really impacted sales as people want something for nothing
I wouldn't say I'm full time per say because my medical issues limit my time but I put in what I can. I haven't seen much of a slowing but I mostly sell games.