I Spent $2000, but was it actually profitable?
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- Опубликовано: 22 дек 2023
- I just spent $2400 worth of video games at my favorite game store and I want to see how much I can profit after selling it on Whatnot.
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When making your order of $100 or more, use code 50ref to get the $50 off.
👉EVERY item/product I use for my business
www.catrpcrew.com/supply-links
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#business #reseller #ebay 
Развлечения
I really appreciate the way you guys upload. Posting a video with chase buying a bunch of stuff, and then processing and selling it in a separate video is amazing quality content!
Hi Chase,
Just had a point of clarification because I think it would be helpful to your viewers.
You mentioned you had a 54% margin on the whatnot show. Which is technically incorrect. Margin is the amount of profit you made on the overall sale. In this case you made $540 in profit on $1540 in sales so your profit margin is actually 35%, not 54%.
The 54% you are calculating is actually the markup. Meaning you charged $540 on top of the $1,000 in cost that you had.
I think it’s an important distinction for any business because most people can survive on a 30% margin. But very few can make it with a 30% mark up.
Just thought it was worth pointing out because I notice you use the word Margin often when talking about mark up.
Thanks for the amazing video, love the back and forth between this one and the main channel! God bless Chase and Matt and your families!!!
I wonder if these trolls realize they help your channel with thumbs downs and negative comments 😂. Oh well, if you don’t have jealous trolls then you’re not succeeding. Keep it up guys! Great videos!
When people don't like something or they question something about a video and you call them trolls sounds like you're the hater the jealous one there's people that try and work real hard to do what this guy does and fail did you realize out of 100 startup companies only 10 of them succeed it's about luck hard work and dedication
And also being full of s*** which I think this guy is
@@markopole6941 he employs 6 people full time. You can’t fake that lol. You think I’m jealous of people who get paid by the hour? I’m confused. I’ve been a full time reseller for 6 years and work by myself and make around $100k a year working half as much as I used to making $40k answering to bosses. He’s trying to teach yall what he does. If people want to stay working at McDonalds I get it but when they take their time to hate on people succeeding that’s jealousy 100% of the time. Not one successful person hates on other successful person for their hustle. If they do then the person hating is lying that they’re successful period. lol
How does the game store not know how to reset parental pin. Its so simple to do ????
It looks like you have out grown the game barn already, looks like organised chaos
The main thing I like about y’all is the transparency
Lol good one!
Merry Christmas and a happy new year Chase & co
love the massive pokemon game stack, loved playing the older games as a kid
Awesome content really enjoy watching you
Not a big deal at all but just something to note is that you have a 50% mark up and a 30% margin. The margin is profit over total sales (so 500 over 1500) and mark up is profit over cost (500 over 1000).
Yes good point. Thanks 🙏
😂😂😂 REALLY REALLY smart to SELL the items first before creating this video with the actual prices you paid lol
They’d sell anyway lol
title answer is always yes lol
I thought you said the sale was 15% off, not 20%? At least that’s what you said on the main channel video. Also I don’t remember hearing anything about the buy 5 get one free deal. SUS!!!!!!
Yea 15% off from what was said on the main channel but the buy 5 get 6th free was DEFINITELY mentioned in the first video.
Yeah I remember hearing the buy 5 deal also. But yeah I’m questioning the honesty and full transparency with these deals they get. I mean he said he paid $5 for the SP replacement battery but they are $9.99 on XYAB website soooo… just doesn’t seem quite right especially if these videos are somewhat of a tutorial/guide if you wanted to build your own reselling business.
@@JS-bw2wcThe batteries are $5. Since XYAB are mainly a supplier for store/resellers, once you make a business account then you get the better wholesale prices.
Source: I have a shop. I refurbish consoles and buy from XYAB all the time.
I think he misspoke on the 20% off but the 30% is right. 1/6 = 16.6% so 15% off plus have the 6th free is over 30% off. It is likely closer to 30% though because for the 1/6 to be full 16.6% all the items would need to be the same price since they likely remove the cheapest one. So he likely had less than that and therefore about 30% seems right.
@JS-bw2wc You get an additional discount on xyab if you buy in bulks. I put in a 300ish dollar order a month ago and once you start buying in bulk they give you a better discount than what it is to buy single items.
@11:08 Matt tripped the wire!
I frequently trip on things everywhere I am.
They deleted the comment calling them scumbag resellers 😂😭. I disagree with the comment as the video game store is a resell operation itself but it’s funny seeing comments calling them out being deleted.
What happened to Al pals work station? Can we get an update tour of the barn and all the changes that have happened?
Dude. More matt. And more Skylar. But more matt.
🔥
You ship to New Zealand 🇳🇿
Yo
You need to know the difference between Margin and Markup. On a cost of $1000, a 50% Margin is $2000. A 50% Markup is $1500. Yeah, it's a technicality, and nitpicking, but for business owners, you should know.
S.N.E.S… not SNESSS
😃
What’s your whatnot name??
chase_atrp
This content along with all the other reseller content on RUclips ruins the retro market and is the reason why the market is super inflated. Keep taking from the little mom and pop shops and giving it to Amazon king he needs another yacht.
For somebody who claims to be a Christian you sure do gloat a lot about the money you spend I think one of the first things that God says he hates is pride just saying
Its Okay to FLEX once in a while
@@vitigaymer1053 if you say so