SCARY TIMES FOR SOME RESELLERS
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- Опубликовано: 29 сен 2024
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Thank you for your videos. I am selling 50-60 years of stuff and several collections. This is my resell products. You also show things I have, so I know its time to post them. So thank you very much.
Remember that time you sourced at the golf Lost and Found? That was the most genius idea ever. Thanks again for that idea it has made me $$$
do they even show you the lost and found anymore? I’d like to try that but they’ll ask what I’m looking for.
He knows somebody at the golf course who knows he resells, if I remember right, the guy at the golf course reached out to him and asked him to come and see if he wanted anything because nobody had claimed any of it in forever. I wouldn’t make it a habit to source lost and found items lol only when everyone pretty much feels like all the items are practically abandoned by their original owners.
The best part is you can take it at face value and literally try to source the lost and found at your nearest golf course. Or you can use it as an example of thinking outside the box and brainstorm other, similarly unorthodox sources of reselling goods.
Had a membership last year and all clubs were 5 bucks! Genius idea for sure
You're right about the Great Depression. My grandfather was an engineer who made a high salary, and he was working throughout the 1930s. If you had money you could live like a king in the 1930s, because costs were low, and if you needed help around the house there were many applicants.
Awesome Video, I like how Humble you are and yes Family is always first...
Make no mistake. The economy sucks right now. Lol! And I am not talking about reselling!💯💯💯💯💯💯
Hello Tanya. I hope you are doing well.
Quite often people spout off before doing their historical research. I appreciate your perspective and that you have actually studied history. I do remember the gas issues during the 70s. I also remember the stuff going on in 2008. As far as reselling I do not buy sterling silver or any precious metal, unless it is "hidden", this means I pick it up at thrift stores, garage and estate sales where they have misread or didn't read the marks, so quite often I pick it up for less than $1.00. It is true the saying that goes "you make your money on the buy". If something is marked sterling at a garage/estate sale or thrift store, then you are probably paying too much for it as a reseller. Perhaps the disabled lady can make something that will sell - such as sewing etc.? I have a ton of ideas of things to do with sewing.
In October 2023 I had my 1,000 eBay sale after over three years of selling full time there. Today I have 1870 something sales, I saw where I was hitting a wall and shifted dropping my average sale from $34 to $22 but way more volume. I also am pivoting to convention and shows in person as well for other types of stuff. I didn't blame the market or economy but acknowledged I needed to change for the better.
1. It's a weird economy, savings are down, defaults are creeping up, but there are still jobs... mostly.
2. I just hit a new " high score" on eBay this week. Highest 90-day total in 3+ years of selling. And pretty decent overall, from my last 25 years.
3. My eBay ASP is down, but number of sales are up. I think the lipstick index is starting to kick in.
I really enjoyed your last video and I am enjoying this one as well. Appreciate you man.
Nice to see you back w John
I love the way you get your family involved great quote Turner. spot on.
I source strictly from goodwill stores and the bins and do great. I offer very good prices so my stuff sells and I still make great profit
Furthermore take great pictures, don't buy stuff with condition issues and price things competitively
I mean reselling is like selling stocks, the prices go up and down due to factors in the world. Being able to adapt is essential. We make money by putting in effort that other people don't want to put in, if more people want to put the effort in then we will have more competition, its the nature of this field
I always say you’ve got to ride the waves as resellers and everyday is a roll of the dice!! Lol
Great job Kevin as always 😊
Some Resellers are doing a bubble also , if you find some for a dollar $ why ask 50 o 60 top price for it 😅😅
Yes, i agree you can make money during a depression or periods on inflation. But you need cash flow to make big buys that take time to sell off individually. Fortunately, i can do this. But am more cautios about buying now because a certain portion of the population just isnt buying now. They need money for necessities not wants.
Re: the disabled retired lady selling jewelry... An aquaintence who rescues and re-homes cats; sells at a local flea market, items that have been donated to her. Most people I know donate on a regular basis somewhere. If you can get the word out that you would like to try/ test different items for resale, many people would probably offer you items to sell. Maybe small items. The Crazy lamp lady reseller seemed to sell small fragile items.
Also, you have the experience, maybe you could team with a person that can do the running around on the weekend but I'd too busy to monitor and prepare for shipping. Just ideas.
Ive learned alot from you Kevin! I appreciate all that you teach us😎
Timely message on mindset. Just yesterday I lost a good portion of my inventory and all of my personal belongings that I'd been storing for when I had a home and memories from when I had a home. I don't want to fall into a victim mindset, but it's taking everything within me not to throw in the towel right now. I had a lot of odds stacked against me at the moment, but I'm just too stubborn to give up! BTW I had that green glow worm when I was little. Wish I could hug him now.
2:00 the silent issue. I think I have two of them. One is definitely really rough shape. That's a good book.
Contributing factors: higher expenses, lower net profits. Big tech manipulation is real and should not be dismissed as a factor...winners and losers being managed by tech.
There are sellers in all forms of business who go above and beyond, yet the results are just not adding up. This is twilight zone territory, and all things business not making a lot of sense. For those whose sales are through the roof, can you say the same about your net profits? Maybe, if other important business expenses are not involved...physical location rent is a big one, insurance, fees, maintenance, utilities, and on and on. These are the facts for us all, regardless.
I've found out that the way I do my resourcing thru odd jobs ,cleaning peoples garages & Sheds, etc. I get paid to haul away their unwanted items . Sort thru it & donate the common items & the items that aren't worthy listing sale them for cheap ,while the items that are worth listing I do the research to make some great sales . Some of my customers are vtg. Collectors & others like some of the same items I like . Not all of my sales are fast , yet some of my items sale for an amazing price that keeps me looking for more ! I focus more on learning my research & what my customers are looking for in quality items . I don't a fortion $$ , I make a decent amount & try to learn grow at my pace .
Kevin- tell Diane 50 that she can sell on several platforms and earn better money for jewelry. Poshmark an Mercari both do well with jewelry. I have a lot more on these platforms. Good luck to her.
I love that quote, wtg big guy..❤
First of all great videos and good points made keeping people aware of what is going on in the reselling business thanks ok now I have been a reseller for 29 years longer than some people who watch your videos have been alive Lol and I have to say that the past 3 months have been the worst sale through that I personally have had in a long time not even the top sellers such as video game stuff are selling good right now so if most of your OG resellers on eBay are struggling than something is wrong people can throw BS in the comments oh it is your fault that your sales suck or get off your ass and fix it Lol than I think these people more than likely do not know anything about reselling on eBay or any other platform.I think people are uncertain of how this year will turn out being election year maybe they are scared to spend money and saving more that is why I have several forms of income when one is struggling another picks up the slack again great videos Commonwealth keep it up.
I'm a very long time eBay user (pre-2000) but only started selling for real about 10 years ago. I only say that for perspective. Anyway, what I have been selling lately is lower cost but "essential" items OR stuff like video games. Printer ink, PS3 games, PS3 camera, fruit fly trap, reading glasses, pet water fountain filters, tax software, and so on. Random stuff. I'm not selling higher value items with multiple watchers. In the past, if I'm really remembering correctly, a lot of those higher value items that tend to get watchers would sell a lot sooner. Those higher value items do sometimes sell, but it seems to be less. Also, I'm oddly selling a few long time listings, as in they have been on eBay for more than a year, for some reason. Take it for what it's worth.
One thing that ALWAYS sells is electric guitar bodies. I mean not even the guitar with the neck attached. Just an electric guitar body without the neck, no electronics, no hardware even. It can be any cheap guitar, too. It doesn't have to be a legitimate Fender, Gibson, etc. People that build guitars always want a cheap stock to work with. If I can source those, I have an instant 20-30 bucks after shipping charged. It's a slow process but I have been figuring out what I'm good at selling. All of that said, people in general have less money to spend these days. Specifically working class people. I think that's what is showing right now.
🌟 Absolutely loving your videos! You're dishing out some killer content, and guess what? You've inspired me to kickstart my own reselling side hustle to jazz up my income streams. 🚀 Last year, my main gig was moving a tad slow, so I thought, "Why not crank up the volume?" and bam, I jumped back into my eBay account. Before, it was just me clearing out old stuff, but now, it's game on for business! 📦🎉
You're genuinely awesome and super down-to-earth, which is so refreshing. Ignore the noise from the haters; you’re doing amazing work and it’s super inspiring. Big thanks again and keep rocking! 🎸💥
Have you ever worked as a publicist?
Well I can’t complain too much .I have been a seller on EBay since 2002 . I have not been as good as listing lately with a lot going on and I’ve always been very part-time but yet I’m still making at least a couple hundred a month and I sell mostly small items. Jewelry, watches and small knickknacks and things like that along with some purses and plan to list some clothing that I’ve picked up. And even though I have not consistently listed I’m still selling every week. I know once I can start listing daily I will see it come back up to a higher amount per monthI. I see a direct correlation between the amount I list and the amount I sell but even with hardly listing I’m still selling. And I only have 110 listings, I don’t have a ton of things up there listed. So I do think you can make good money but you have to put in the work and that’s the thing I plan on doing going forward, but I don’t think Ebay selling is dead I think there’s still a lot of money to be made but you do have to put the work in.
The best of times for me.
Sell those lunchboxes as a custom cybertruck and people will pay $1k,lol
I thankfully quit selling for a laundry list of reasons. As someone with multiple disabilities (including carved-in-stone restrictive weight limits), people on fixed incomes are being hit and hit HARD. Jewelry sellers get hit extra hard by eBay fees because eBay has jacked them up on sellers while also absolutely trashing the search. They sell less and it costs them more. BTW, when it comes to sterling, if you paid more than half metal weight, you overpaid. Harsh reality, but flat truth. That's true for 90% of so-called designer pieces too. If you need to unload it at local auction, sale price may just be metal weight, and if you paid that you're in the hole before fees come out. Consignment store rates are worse. By a LOT. To add insult to injury I also found out today that my local Ill Will is always bare because a) they wanted to close it but couldn't get out of the lease and b) a theft problem, but NOT theft by customers. The good stuff either gets sent to online auctions, or walks out the back door for the proverbial 5-finger discount.
It's not the resellers jacking up costs, it's labor prices (i.e. enough to eat on) and greed. Some of the help here are on Public Service, as part of a sentance for nonviolent crimes. If said people aren't getting enough pay, the temptation to steal may be overwhelming. Hello Poncho!(Y'all need to get him a brother named Lefty.)
Commonwealth Wisdom
from Jan. till 2 weeks ago i was booming, i made 2/3 of what i did last year in the first 1/4. the last 3 weeks have been slow but that happens and i try not to get nervous lol
and yeah to get political one side is nothing but doomers, even if they were doing good they'd never admit it lol
The ones that are saying it's great are delusional
If people think its price gouging wait till the government raise taxes on the rich, you will see prices go through the roof.
That won’t happen as long as Trump is alive..😢
@jenniferdokken8250 6 months. Relief is in sight. Well for us living in reality
@@Rockineagle84 just as Kevin did not want.. here we go .. politics again!
@@Rockineagle84 what “ Reality@ is that? Insurrection again when he loses???? he’s not selling AR 15s or magazines he’s selling products just leave politics out of this for God sakes!
Well it is about politics
Cognitive dissonance is bliss. We have inflation but wages have remained the same for a decade. The 70’s you could still buy a home working at McDonald’s. Is this a joke some retirement age individual trying to understand what people under 40 are going through. Cmon man stop the cap get real. 17:54 17:54
Wages have remained stagnant for a decade?
@@commonwealthflipper yes clearly my friend this is fact. This is actually one of the main reasons we have a price crisis. Interest rates at 0 percent with loose credit standards first time home owners with only 3 percent down which is Catastrophic in my opinion since you have no equity up front no payment. Interst rates for homes now are barely at 6 percent and now we have qualification issues. Lower interst rates Allowed low wage earners to get a home. Now tell me interest rates for homes were close to 15 percent in the 70’s yet you could still qualify for a home and take care of an entire family with one wage earner. Not to mention wages have flat lined and have not even come close to keeping up with inflation. They can no longer hide this fact since interest rates can no longer be kept at zero. Now two wage earners cannot afford a home and interest rates are nowhere near 1970’s. So we need to stop the cap and get real. Imagine if interst rates reached the 1970’s? Man you would see this economy tail spin.
This is why being a hobby reseller that is more for fun than anything else (although I definitely am making some extra income) is the most stress free way to do this. I understand this isn't the case for everyone.
I only sell to make a little extra money for a fun day trip out of town. Last year, I paid for concert tickets for 2 with my reselling money. I've kept my part=time job for guaranteed money coming in.
Its both price gouging and inflation...inflation is definitely up and while its up, companies over inflate their prices, blaming it on inflation and supply chain issues...
Don’t you understand how business works? Buy low sell for higher. Business always passes along cost or their would be now business. Do you know what it costs a month to keep the lights on in a multi million dollar business? Stay in your lane whiner
This last week of selling has been brutal. If this keeps up I won’t be a reseller anymore.
Definitely. I’ve been working and listing the same way for 3 years and this has been the worst month since.
We started new business, my sales on ebay dropped 50%. Ironic enough, the same items sell for more at my online auction than on ebay.
I'm so glad I have a "normal" job so I can still exist. When I am off, I just list and forget.
i have been doing it for 7 years. Getting ready to go back to employment.
@@donwarnick1089thing is you got in during covid and was mistaken that was how it was going to be forever its actually getting back to normal and how it was pre covid if you can't hack this you were not made to be a reseller I have been reselling full time on multiple platforms and in person if you can't handle the grind and put in more work then you have during covid from an experienced full time reseller of 25 years then reselling is not for you and you don't appreciate what reselling and being your own boss gives to you just go back to a 9-5 the less sellers the better sorry bit that's the honest truth
I find it so strange that people un-sub just because you present a view different from their own. Processing diverse opinions strengthens the mind. I guess accepting that we can agree to disagree and still be friends use to be a lot more prevalent than it seems to be now. I appreciate hearing about all the different mindsets. Great video.
Yep thing is it's there way or the highway they don't know how to give there point but also listen to an opposite point of view I agree with you 100%
That shows their thoughts & ideas are so fragile they can't handle someone else's opinions. Smh it's actually quite sad.
Psh my first comment seems to have disappeared smh
It's stupid to unsub just because somebody says something other than what you already think. How ya gonna learn anything??
I removed one comment on this video. It was not yours
The biggest laugh I get from your videos is when you talk about the folks that unsubbed because of what you talked about. Ridiculous!! 🤣
I unsubbed because someone pointed out something I missed about Kevin, but honestly I don’t think he’s a bad fella all in all. He’s just made mistakes like everyone else.
@@ohiograssman1564 We all make mistakes for sure, but the info and deep dives that Kevin does on topics, plus all the knowledge he puts out by FAR outweighs any missteps he has made. Unsubbing to me just feels petty, but that's my 100% worthless take on it.
I think he takes it all in stride. The video had a ton of views, so he literally increased in subs despite the sour grapes. You'll never please everyone all the time, and to try is the only sure way to please no one at all.
Funny that there is even a conversation about how the economy is doing... Food and gas have been up about 30% in my area since 2019ish. Also, no, most people did not make that loss up with increased wages. In fact increased wages only made up a few % of that loss for MOST people.
Anyone that thinks that paying $7.00 for a pack of butter, means that the economy is good, are literally bonkers! Either way - Love your content Kevin, hope I get to bump into you next time your down south with Dave!
Kevin you are awesome. Your clarity on the subject of reselling is so appreciated. Ignore the haters, they fall off and move on to someone else. I have no debt and that is a great thing for me at my senior age. Head high Kevin. You rock.
I am a small reseller - sell about $250 a week. This past week I sold $22 (6.00 being shipping). That is the only sell in the last 10 days. I do not rely on this money for a living, but as a supplement to help with utilities. I will not be using air conditioning until July. I am trying several ways to save money. This is so sad.
I only sold two items this week. Extremely disappointing
My wife's grandmother came from money and didn't even know there was a great depression when she was a kid.
A lot of people have the wrong view of the great depression. They think everyone was in hardship and thats not true.
No doubt
This is a lie. Everyone alive during the depression knew the fuckery about during the depression
The price gouging = high profits for companies & higher 401(k) accts!
100% it's not inflation when CEO salaries are 70% up from the prior year the biggest % increase year to year in over a decade
I agree that thifting has gone up due to mandatory wage increases. I do thift for items, but that has decreased lately because of this. With the gas increase, to do the garage/flea market thing, it's like which is more evil. But I really do enjoy the people contact with the garage sales, I've met a lot of nice folks.
I feel some stores have raised prices because people are reselling or they are greedy. We have a local charity that even marks items higher than retail! A lady told me a story when she brought it to their attention, the lady that priced it came out and yelled at her. It is a charity and this all was donated!! I get there is overhead cost, but they have priced out many in need. They own lots of real estate locally too and help some. But it makes you wonder.
And yet another great video Kevin! I don't get how people get mad at what you talk about. You are always very fair and honest. I always appreciate your videos. And Poncho is adorable!!
He us fir sure
What a great wrap up at the end. It's about what you want from life and what you want your day to day to look like. Build around that not a fantasy that you don't even want! Stay positive and step forward every day even in the challenging times!
That doesn't stop price gouging by the corporations ...so much so that Corporations and CEO's are price gouging in record high numbers. If people actually paid attention to how their members of Congress of the GQP vote , they would stop voting republican forever. The GQP always vote to protect the 1% and give them tax breaks as well as vote for themselves raises....we cannot vote ourselves raises, but we can unionize in big numbers.
Lately, I'm selling less items, but what is selling, are the higher priced pieces. That helps lessen the pain. My recommendation, is list higher priced items, whenever possible, to balance out the drop in sales volume.
Well, first you have to source those higher-priced items. Everybody would already be doing that if they could.
@@marycarlson8837 Of course, that's why I stated "whenever possible ".
Thank You so Much Kevin!! I was surprised and grateful that you read my comment. I am very grateful for the shout out and your suggestions. I do sometimes list Jewelry related books that always sell eventually. I am gathering Vintage items to list also. The Items are not really things people "need", that is difficult for me to figure out. But I must report that my sales have improved and have been fairly steady since I made that comment on your video.Again Thank You and Bless You!
Your jewelry is BEAUTIFUL!
@@sammonicuslux Thank You So Much!
Replenishables. That's all that's really worth in this type of business. That's what we should search for.
Great points made Kevin! I stopped in an Antique mall today. I was shocked at the cost of items. A rusted 1lb coffee can was $20! I know those are old, but $20? So I kept walking. Working estate sales (bought 2 1 lb coffee cans for $1 each a few weeks ago), helps me find things more reasonably priced! They can keep the rusty can and let it collect dust.
We use those old coffee cans to measure animal feed. Lol
I second what shalyndria said. Some people's feelings are just too fragile! Oh, and CUTE PUP!
I’ve noticed lately on eBay that as soon as I look at something an offer comes in for a lower price! I suspect that things aren’t selling as well as they used to! When I purchase it’s that the item that is for sale is exactly what I’m looking for! The price matters, and I will pass on it if it’s in my eyes to expensive!
Just for context, that's not a manual seller resonse, it's an automated response offer that that the seller added to the item as a selling strategy.
A buyer might be able to take advantage of that setup by adding the item to their watch list to see if they get a lower offer.
😂 internet Karen's, they are everything where!
I’ll never understand how folks can be so low, they’ll spend money on a great deal just to make a seller look bad 😂.
Post a picture of your grass, say it's green and people will argue about it. Stay safe.
Verde!
eBay is destroying itself on purpose. I'm not sure why but there's no other way to describe it. It's getting pathetic...
Why would they do that?
Politics and taxes
Their customer service gets worse every year. "AI" is only utilized as a barrier in the customer service experience. I'm not sure what all the fees ebay collects are used for.
I think it depends on where you live on how well you consistently find good items, I live in central California, there is an abundance of cheap quality stuff. I don’t shop at thrift stores, get all my stuff from flea markets and estate sales, thrift store prices are way too high. I actually have too much, so I stopped buying as much.
Land of milk and honey and high taxes. 😉
Some people made a ton of money during the Great Depression, just like some people made a ton of money during Covid. And the government often chose winners and losers during those events (especially Covid.) They succeeded while most of the population suffered terribly. Not sure why people can't understand that.
Kevin you brought up a few different points that made me realize what an interesting intersection reselling platforms can be of folks living frugally and using reselling to supplement incomes and "make ends meet" and buyers looking to spend disposible income on wants, not needs.
Can of wax for $75????? Doubt it. LOL. Boy that must be some really good wax. People can claim anything.
It's not that unbelievable. All you have to do is search for can of wax and filter the results for sold listings from high to low prices. I guarantee you will be surprised if you do. 🤔
Full timer here. Up 50.1% this year so far from last. Lowered prices to increase velocity. Finding lots of deals. I’m a big proponent of you get what you put in. Thanks Kevin! Remember… “In life, you will find what you are looking for”
Overall total sales are down, but the sales that are coming in are for much higher dollar amounts. Softball bats selling for $200 plus and vintage 1925 silver plated cornet for $400!
I’ve been having a really hard time selling items the last few weeks. Usually I sell about 2 items per day on average and now I’ve been selling like 2 items a week. I haven’t been getting any offers and it has been really slow when it comes to getting views. Hopefully things pick up…
I think most people watch all the reseller videos and think they all are successful just because of reselling. There are very few resellers that only resell for all of their income. Most have a spouse working and health insurance through their spouse. I don’t think most resellers are not investing for retirement or not much of a retirement. a lot of people get turned off by resellers on RUclips talking about how they have the freedom. I’m not having a job come on show the real numbers. Nobody does.
I know many who have their numbers out there for all to see.
@@commonwealthflipper they say how much they sell but not after taxes healthcare and retirement etc
If anyone claims that its not inflation but accuses companies of price gouging for greed, you’re not only being dishonest, you’re a bad business person…and FAIL at economics. Instead of blaming your party, or your president…you blame greed, well companies don’t raise prices for the hell of it…it has to do with the buying power of the dollar, if the dollar has less buying power, BECAUSE THEY’RE PRINTING TOO MUCH BLOODY MONEY…then it doesn’t have a higher value, and prices go up. Stop chalking it up to greed… cause if you’re a reseller…and you’re jacking up prices of things you got at garage sales then you’re no better. Today some people estimate that the dollar has a higher value, and thats not the current state, while the dollar fluctuates, its still not in a good position, we keep printing more and more of it…Im a reseller, I have to lower my prices, to make sales, sometimes I don’t make as much, and barely break even on my products…and these are really great, high resale products, before I was booming…now, Im lucky I get one sale a day. So don’t give me that…”our economy is booming” garbage.
Funny I was thinking hard times might help resellers, it makes sense.
i've said this before. because everyone sells differently to say ebay sucks would have to be the majority of sellers. THAT is not the case. even those who sell the same or identical items sell differently. someone could excel with better photos & pricing while the other seller's photos do not entice buyers & or their pricing/shipping may be off. bottom line. it's everyone else's problem. it's ebay. it's ebay's fees. if what you're selling isn't or isn't selling as it once did, review your market. for years advertising wood crates especially alcohol were in high demand. unless it's a rarity they tank at 15-20 bucks & if you have a garage full you can no longer move you have to unload it & move on. i've had to switch & switch again many x because what i could easily sell, sells no longer or aren't worth selling. lastly, when you pay up, waaaaay up & you can't recover your costs, it's not ebay or customers. you paid up & no one else is willing to do the same.
Thanks for doing this topic Kevin! More please
Omg...Poncho is PRECIOUS!!! Congratulations! 🎉
Just Because You Might Disagree With Someone On One Particular Subject, You Shouldn’t Cancel Or Unsubscribe From Them Completely, You’ll Never Know What Vital Information They Can Give You On Other Subjects That Can Be Important.
It’s tuff so much stuff every Tom DICK and Harry reselling. So much stuff LONG TAIL SALES. It’s good they way you do it buying item 1 2 3 dollar bills and making 10 15 20 dollar. Bills. A lot of work sourcing takes a lot of time and gas and then shipyard storing. Goodluck keep on PUSHIN.
30:49 That happens to me too. So interested and I’ve only been selling a couple of years.
35:09 😂😂😂that lost look on her face had me thinking pregnancy announcement 😂😂😂little sibling on the way😂😂and that ladies and gentlemen is how rumors get started 😂😂
36:48 Loving the quotes!😊
“No inflation”? “Amazing economy”? Those are people who are desperately delusional 😂
No economy is monolithic, and there can be many diametrically opposed experiences within the same period and place. But as you point out, trying to have personal agency and a problem-solving/willing to learn/improvisational mindset are key.
I have said this before but will post again, use a simple 1.00 wall calendar. Write each day how many packages you ship. Save the calendars and you will see a definite pattern hit every single year. This past two weeks being slower happens every single year. It must have to do with kids getting out of school possibly easter and mothers day expenses. No sure but what this will do is ease your mind that it is not permanent.
With this said what we do is work harder through these periods to drive sales. The days of you just listing and depending on the item to sell are gone. You must help drive buyers to your ebay stores from outside media now. Same with websites. You are also going to have to spend money doing this!
I also want to say I met a woman when I was young Her and Her Husband became super rich during the great depression. Now they were constantly in fear for there lives because of it at the time. He was a Mortgage Banker. Yep he repoed poor peoples homes that had mortgages
Remember you were considered poor prior to 1940 if you had a mortgage!
I think this economy is hardest on young families and fixed income persons. I'm a reseller w booth space. Sales have been ok. I make my rent and get a check. I like most thrift stores. I travel about 25 min away where I can hit 8 stores if I move fast. Lol. Good luck w all your enterprises.
Kevin , could you PLEASE do a video on the promotion program that EBAY has out there.I am really so aggravated that they actually charge so much to show our product.I feel like if I don't promote I might as well not even list.As soon as I stop promoting my sells almost stop.
I'm seeing a real roller coaster right now. I've seen weeks I have 50 sales and weeks I have 10-15. It has indeed been brutal and it's been brutal in my day job as well. All companies are tightening the belt, even the most lucrative.
The time you spend on these videos could be spent on trying to sell more stuff. Just an idea.
Hmmm never thought of that. Maybe I’ll try it.
lol. True story
LaserDisc is a medium with analog video and digital audio and is (hence the name) read with a laser beam. The Godzilla movie you sold is of a format commonly called "videodisc" that is read with a stylus, similar to a phonograph record.
Give into your inclination to talk history more. Or maybe new channel.... "Commonwealth History". I'll sub.
My sales are good. I sale a variety of items so that helps to keep things moving. I still pick up good items from my Goodwill and sale them. It’s good to have items from all price ranges to those with less money to spend. Reselling is an up and down business so you have to roll with it. I’m a part time reseller and enjoy a nice bump to my income. I usually listen to your channel but had not subscribed until now. Keep doing what you’re doing. 8:51
The comic is the first appearance in a comic book of Snake Eyes. The buyer got a great deal as that book should have been $100+
I sell on eBay and have to sell at a loss. Every single item. I take losses on all sales.
One thing that isnt talked about, is that Credit Card companies are now AGGRESSIVE in recouping debt. Card companies lost a TON during the Covid years. I know SEVERAL people who were sued by Card companies. The Card companies arent willing to simply write it off, like they used to.
price gouging is what's going on with these companies & it's being masked as "inflation".
High credit debt n high national debt tells me we in a financial titanic. The endless wars(since start from USA) I think have something to do with both.
My sales have been at an all time high, and i never expected this especially starting this year. My last 90 days on ebay is 34k, and 12k on mercari. Which is crazy since i mainly resell collectibles, toys, and some guitars. Things still do seem gloomy moving on forward but I'm very hopeful and also I'm getting extremely cautious what i buy to resell. I'm a picker and heavily rely on my local marketplaces such as Facebook and craigslist.
Watching some videos where a successful reseller tries to help a failing reseller, it becomes obvious some people just don’t have the skills needed to succeed at anything in the economy.
Anyone who calls this economy amazing hasnt pumped gas or bought groceries very often in the kast 4 years.
You are so lucky that you are not sourcing in SoCal. I pay twice what you pay and most of the time I have to ship to the East Coast. My sources are smarter and know the value. I’m thinking of moving to the South. One of my alter egos is Michael Bobby Ferguson the faith healer and gun store owner. I should fit in really well.
Huh? Did I hear you right. Someone had ~ 200 items sold, for 29k sales for the year. That is one heck of a ASP at roughly $145 per item. 🤨 What the heck are they selling?? I need to get in that niche.
lol no doubt
Not everyone can do this, it does take a lot of hard work if your not willing to do the work then it wont work for you. I been on ebay a long time as a hobby and now tryin to go full time doing it and it takes alot on top of a full time job I am only part time ebay now and it it hard work! Cant wait till i hit that inflection point tho and can do this full Time I love it! garage sales, flea markets and antique booths LOVE IT!!!
Inflation is a thing now. I get tired of people saying there is no inflation and that it isn't affecting sales. Sure it is. When you got to pay more money for gas or just to eat you don't have a lot of discretionary money to spend on things you "want."
My store was closed for over a month due to flooding. I’ve had it back open on eBay for a few days without listing a thing in weeks and I’ve sold several things each day. It’s crazy.
When I was in school, I actually did my dissertation on businesses that thrived in the Great Depression. Entertainment did well, as did manufacturers of personal care type items. Although one quarter of the population was jobless, that meant 75% of the citizenry retained employment. That's a lot of people, and a lot of buying power.
FOR PETE SAKES CWP ....HOW MUCH MONEY U MADE OF THAT DANG OL SHIPPING TABLE ....