★ bit.ly/2Qc8mVH ★ Check Out My Playlist of My Best eBay Tips to Make $1k/week ★ dailyrefinement.teachable.com ★ Buy My $1k/week Profit Guide ($35 w/ CODE:RUclips)
Have been running a clothing store for the last two years, from home. 90% clothing, 10% Hard goods. Of the clothing, 90% is used and 10% is brand new with tags. I understand with a clothing store, of having a low sell through rate. Just passed 800 active listings. Some things that have been helping me in the last month: 1) I try to get 1 or more auctions (7 day) for the week, Sunday night to Sunday night, 2) as Chris says, change some prices on your listings daily 3) I only run 1% on the promoted listings ( $0.17 to $0.89 per item if it sells-- doesn't kill my profits) 4) most of my clothing was bought for a $1 and makes about $6- $10 total profit 5) Working on hard goods, is hard-- higher sell through rate, lower profits (from retail arbitrage) 6) Find items you can buy multiples of, make one listing for 10 items, (frees up time it would have taken to make 9 other listings) 6a) Found 11 pair of jeans brand new with tags same size and style at good will, made one listing, one listing was $39.99 * 11 items Thanks Chris for the 5 quick tips, really helps to direct where i would like to go with my at home business.
do you go to places like ross , good will , etc to buy your used clothes and re sell them or do you manufactuer your own clothes? ive seen on ebay that there are some items that you cant sell cause the company of the items will tell ebay to take down those items you've listed up.
You changed my life Chris, today I hit $10k in 30 days! Thank you so much for all your content and value I couldn't have done it without you, much love
@7:30 “resellers doing the same thing for 30 years only have 1 year experience, not 30” I’ve been selling on eBay regularly since 2010. When I watch youtubers sharing valuable advice who have only been reselling for a year or two, I feel like a baby who has been crawling this whole time and now I’ve learned to walk. Then “back from burnout” mentioned your channel and I’ve been watching the last few days. Your videos are next level. You have a wealth of knowledge, sir. Soon I will learn to run.
eBay has always done what "they" want...many of the things they do are just new "leaders" coming in trying to stake their claim. It isn't always what is best for eBay. The company had been going downhill for a decade.
Great video. And I love your attitude, sharing ides and tips to help one another. I've been on Ebay for 20 years and have sold about $1.5M to date. started with used items, then thrift store items, now I have my own brand of products and just sell that exclusively. It's highly competitive, and it's getting tougher and tougher to compete. My sales have gone down tremendously and it's a hard time right now, not gonna lie. Just trying to figure out the GAME! Ebay and Amazon both.... we are just getting crushed. But I've had slow times before and have recovered, and I know it will happen again - just gotta fight for it. China is horrible, they are so cheap, they lie cheat and steal their way to dominating the listings on Ebay and Amazon both, it's so frustrating when you have to adhere to rules your competitors do not. We also have our own e-commerce store as well, and I put effort into that now also and we are actually making more money there now than on Ebay or Amazon - never thought I'd see that day so it feels amazing.
What is e-commerce? I'm new to all this and am interested in what u are doing as I can see how it's getting harder on ebay....even tho i just started....
Thank you so much my friend for this valuable information. Makes a lot of sense. I started 3 months ago. Have had a few sales but you learn a little every day. I can't wait to keep growing. I wish you to continue your success. Thanks again. ☺
My 2 cents...Stay strong everyone. Get into replenishables like Chris suggested. Approximately 9 month and counting until we pull out of the 'Postal Union'. When that happens postal rates from overseas shipping should skyrocket. Say bye bye to the ultra-low e-packets coming into the U.S. Most established U.S. based companies in the reselling business should get a boost. Plugging away with fingers crossed.
Is that positively going to happen? I hope not, since I get all my products from china just for the free shipping.Well at one time I would have welcomed it because it is hard to compete against the Chinese, but now I figured if you cant beat them, join them and it seems to be working well. Please keep me posted.
automatic payment method aligned for the winner of the auction would be good. Majority of the winners actually haven't paid me yet. Mean while the "buy it now" is killing it weekly
Before i watched this video, i thought "this wont apply to me, i sell used L.V. , Chanel & higher end/ vintage clothing, can barely navigate a keyboard & if i needed a lic to operate my computer, then im shitoutaluck, cos I'd fail the requirements,( trust me on this lol) BUT this young man makes a lot of sense, some applicable, some not so much but hell at my age, anything dif from the norm, is right up my alley so I'll give #1 #2 a go & lets see what happens! "Nothing changes w.out changing something". thanks dude.
Bc the trending rate moves higher, that’s why there’s more than just a high PL rate in most stores stratefies
5 лет назад+1
Another very informative video Chris thank you. I'm currently starting to sell on Amazon so my focus has shifted a bit. I've had my best couple of months ever on eBay but due to lack of consistent activity my sales have dropped drastically. I'll definitely try to incorporate your 5 tips into my business to boost sales. Your positivity is well needed and so valuable 🤓
I love every single videos if yours I’ve watched so far. I just started using promoted listings. And will try the delist and realist. Thank you 🙏🏻 for all the insights!
Here’s what boosted my eBay dvd sales I switched all my shipping to media mail free shipping marked all my dvds up to $10 than used promoted listings ! Dvds have been selling finally 💰
As always Chris, great immediately implementable ideas. Thanks. A few tips - 1. Void fill for packing - go to a local newspaper and check for newspaper end rolls. I sell about 150-200 items per month & a roll lasts me about 1 month and costs $1-2 per roll. They are heavy and a bit of a pain to store, but so cheap that I never worry about using as much as I want. 2. Check out using Regional A boxes if you are not already. From one coast to another it costs $10.87. Hope you all have a great spring.
Great tips, i got one for you, try pirateship , with the cubic shipping its a lot like the regional boxes but can be used with many sizes including poly mailers with great rates, you can sometimes get the best rates with the box in a bag method utilizing the cubic rates.
To get more sales 1. Run promoted add at 30% for 5 days 2. Make your price 100 percent down and increase slowly 3 decrease you promoted to 20% later on
Hi Chris First time I saw your video and was impressed my the quality of information you shared....really loved it. I have done sales on EBay and Etsy but by no means a pro at either. Both sites are definitely a challenge......my biggest issue is not being able to keep up with adding listings, you can get behind very fast. Anyway, you were talking about replenishing your store.....almost understood the formula .....push 10 different good selling items with a $10.00 profit and sell 10 of each daily would equal the $1000 daily .......right? I have an approximate question, how many items should you carry to make $100 a day and $500 and then the $1000.00. Of course you need to know what type of items you need to sell to be able to meet those goals daily. My brain cannot figure that far, lol. I really enjoyed your video and look forward to more, how often do you have one? Have a Happy Sales Day!! Robin
yea I was already paying over trending (not too much over) for promoted, been doing this for a few weeks and it does seem to be working. I normally don't do auctions but when I'm not sure of the value of an item, Ill set up an auction with a fairly high starting bid and if no one bids after a week, ill run the auction again with a lower starting bid.. just sold an item like that.. and I also do what you referenced.. also, I will list with BIN Best Offer and if that doesn't get attention then I will relist (not revise, as long as there are no watchers) with a lower BIN and sometimes raise the Promoted to over Trending (and of course make other changes like change opening pic) that seems to work fairly well... FINALLY Yes I'm revising about 4% per day ( hack I learned from you) and yes more traffic and more sales.. thanks for the tips...
Health, Beauty and Hair Care Products for replenishables is doing well for me. The problem is most of the stuff I get that I can make $10 on is discontinued so keeping it replenishable is kind of a challenge.
Ebay and paypal fees are crazy. Total 14%, plus they adding ebay tax to customers. Ebay is okay. Best to also have Amazon and your own website. Dont put all your eggs in one basket. Ebay can also cancel your account without notice for simple reasons.
I am almost always running a 35 or 40% sale on all of my inventory. Used clothes thrifter. 1.5% promoted on all and about 10% of my sales come from promoted listings. I source extremely cheap so I accept any offer above 70% of asking price just for the cash flow. Sell through of 35%. I will begin experimenting with promoted listings more. And now that everything is good till canceled I will definitely be delisting and relisting. Thanks good tips 👍😁
Right now, you are working well for me!!! I am learning a lot. I do vintage and antique, but am now thinking a few newer items might be a good bread and butter line. Thanks.
Very good advice. I am going to save your video so I can go back to it. If I had one sale a day I would be happy at this point. Mainly I am looking for things to sell and learn from the mistakes I made years ago. So I am a beginner again and I hope it works out better this time. Im not doing goodwill or keeping a lot of product this time because I bought too much stuff that didnt sell. I am more focused on drop shipping but I am not crazy about having to pay a monthly fee to shopify, so I am not using them. I only have 29 listings on so far. lol. but I am working on learning and finding things to drop ship every day.
Thank you sooo much for this video. I haven’t been to your website yet. But I watch you every time you post a new video and I feel Like I ha e learned a wealth of knowledge from your content. Question.. When you say adjust prices does that mean up or down??
I am just starting my reselling business, so this is gold although a lot I am still trying to understand. Chris do you have more info on strategies for people who are JUST starting. BEST practices etc. Finally what percentage should I have the promotion at?
Thank you so much for this video I happened to stumble upon it today as I was exercising and I have just started my reselling business in an effort long time to replace my real estate income. You said to message you if we needed help with determining our replenishable income and I really want help with that.
You said something that seems strange to me "I rarely have items sell after 180 days" In most B&M pre-internet marketing a 90 day turnover was considered high, even for a specific size bolt in a hardware store. Because they paid rent on the space and so the item had to justify it's taking up space in a shop. it looks like you are paying rent in a warehouse, no? You measure the entire actual cubic shelf space (not the isles or head room) and divide that by the monthly rent to come up with a cubic foot rate. If you haven't sold an item that is taking up 1 cubic foot of space, after 180 days you multiply the monthly cubic foot rental by 6 (~180 days) to come up with a loss for that item (storage charge). The idea used to be that every cubic foot of space should be earning it's keep. Of course for someone working out of spare bedroom that doesn't matter. Well, until the bedroom becomes over packed with ebay merch.
Thanks for this info, I Just revised a buy it now item that has sold 4 x in the past 22 days, I increased the price and offered eBay 31% for promoted listing (20% increase compared to what it was previously) this item has consistently sold at this volume for past 2 months, I'll come back to share my findings after a few days.
1 day later after offering eBay higher percentage and increasing price I can see the visits are steady with no difference to previously, also no sales, I'll come back in a few more days... So far not promising.
@@RadonehereGamer Hey, this was written early on when promoted listings still had lots of glitches, I can honestly say now it's balanced out yes I'm seeing great constant returns using promoted listings
Is promoted listting the same as booting the listting, I see you can boot your listting at the start when making the listting and promote a listting when it qualify for promoted listting... is there two promotions? Love the content thanks for all your advice.
Wow, you are the best! Gave some real advice, I was loosing sleep over dead sales. Is the advice number one needed for items with no or very low competition?
Not ashamed to say I fall in to the category of having a store that was high functioning but has declined gradually as I took offence rather than to run with eBay who kept moving the goalposts for promoted listings and top rated seller. The high rate of returns on clothing where buyers 'freehire' my expensive bespoke suits has also reduced my interest in restocking . I will refresh, rethink and relist: Thanks for the tips :)
You can't necessarily sell it on amazon because newbees are really restricted, plus if you are doing from China it may take too long for it to get to the buyer. If I had the money, I would buy an amazon account with no restrictions. Then I could make some money.
Just found your channel and I'm glad I did. Can you explain more about what you mean by "adjust prices daily." Does this mean adjust up or down or both? Is this just a way to increase search results by showing activity? Thanks
Exactly it. Don't let your store and/or listings get stagnate. eBay's algorithm loves activity. As far as adjusting, look around at your competition. It may be up or down depending of the going rate. Use lowest to highest on eBay's search for your particular items.
Hey! After a 9 month refresh and rest I have opened my stores again. Things have changed alot I see! Do you still do private consulting? I need a crash course! Glad to see you're still growing on all these platforms! 🙌😄
hi, very helpfull video but no one mentions new ebay selleres, they are not allowed to use promoted listings, right ? I'm, new seller although longtime memeber on ebay but I cant use promoted listings. Do you have any suggestion for me ? thank you
We tried promoted, 2nd time now, just completed a test, 420 items for 4 weeks. ZERO sales. Issue is, so many people use phones to order.... with 'ad blocker', promoted listings are NOT visible. Just so you're aware. We tried the same about 8 months ago, also, ZERO sales. Promoted, doesn't work for us.
I am selling 2-4 things a day now which is good for me. I think I am making money but not sure. I deduct ebay fees 10%, and paypal 2.9% and .30. I am not sure of the final value fee, and i can only hope I have covered all my bases. Fees really cut into profits.
Hi Chris, thanks for all the great videos! I am wondering how effective are promoted listings in terms of increasing the overall traffic. In other words, if I promote 10 listings, would sales on my other 100 listings improve as well? I understand that there should be some positive impact, however, I am unsure just how effective that would be? Thanks in advance :)
Sometimes I feel like my listings are being suppressed, like I search my item before i list it, i see what ppl are asking for it, i see what it has sold for. So I was watching this one item that was in an auction format, the item was already bid up to $165 the others listed were buy it now asking $300 or best offer. So I listed my item at $165 or best offer and my item was in the original box with paper work and extras, the one being bid on didnt even have the box or any extras, just the unit itself, and my listing sat for a week with almost no views and 0 watchers and the one I was watching eventually bid up to $176 over that week and I am like WTF do these people not see my friggin item? Do they not see i have 100% feedback? Like wtf is going on?
★ bit.ly/2Qc8mVH ★ Check Out My Playlist of My Best eBay Tips to Make $1k/week
★ dailyrefinement.teachable.com ★ Buy My $1k/week Profit Guide ($35 w/ CODE:RUclips)
What I like about you is you're always positive. Need more of that. Thanks.
Yeah, I noticed that people doing well never talk poorly upon anyone. :D
Have been running a clothing store for the last two years, from home. 90% clothing, 10% Hard goods. Of the clothing, 90% is used and 10% is brand new with tags.
I understand with a clothing store, of having a low sell through rate. Just passed 800 active listings. Some things that have been helping me in the last month:
1) I try to get 1 or more auctions (7 day) for the week, Sunday night to Sunday night,
2) as Chris says, change some prices on your listings daily
3) I only run 1% on the promoted listings ( $0.17 to $0.89 per item if it sells-- doesn't kill my profits)
4) most of my clothing was bought for a $1 and makes about $6- $10 total profit
5) Working on hard goods, is hard-- higher sell through rate, lower profits (from retail arbitrage)
6) Find items you can buy multiples of, make one listing for 10 items, (frees up time it would have taken to make 9 other listings)
6a) Found 11 pair of jeans brand new with tags same size and style at good will, made one listing, one listing was $39.99 * 11 items
Thanks Chris for the 5 quick tips, really helps to direct where i would like to go with my at home business.
Michael C Lewis p
do you go to places like ross , good will , etc to buy your used clothes and re sell them or do you manufactuer your own clothes? ive seen on ebay that there are some items that you cant sell cause the company of the items will tell ebay to take down those items you've listed up.
You changed my life Chris, today I hit $10k in 30 days! Thank you so much for all your content and value I couldn't have done it without you, much love
Thanks man
@7:30 “resellers doing the same thing for 30 years only have 1 year experience, not 30”
I’ve been selling on eBay regularly since 2010. When I watch youtubers sharing valuable advice who have only been reselling for a year or two, I feel like a baby who has been crawling this whole time and now I’ve learned to walk.
Then “back from burnout” mentioned your channel and I’ve been watching the last few days. Your videos are next level. You have a wealth of knowledge, sir. Soon I will learn to run.
"That's what eBay wants, so let's play eBay's game." Love it.
eBay has always done what "they" want...many of the things they do are just new "leaders" coming in trying to stake their claim. It isn't always what is best for eBay. The company had been going downhill for a decade.
#1 strategy for ebay: take good pictures, ask a good price, pack the items well, sell a little bit of everything
exactly what I do. I have a littie bit of everything.
I am doing that. Chinese pack good, and have good pictures of items,and I do sell many different things to break the boredom
You are the only person on You Tube that doesn't irritate me. thanks for all the tips and help. I enjoy and appreciate your honesty.
I think I just found my sweet spot on eBay with my handmade products. Excited. Thank you Chris.
From Australia down under x
That’s a beautiful thing! Making things yourself and people recognizing you for it!
Great video. And I love your attitude, sharing ides and tips to help one another. I've been on Ebay for 20 years and have sold about $1.5M to date. started with used items, then thrift store items, now I have my own brand of products and just sell that exclusively. It's highly competitive, and it's getting tougher and tougher to compete. My sales have gone down tremendously and it's a hard time right now, not gonna lie. Just trying to figure out the GAME! Ebay and Amazon both.... we are just getting crushed. But I've had slow times before and have recovered, and I know it will happen again - just gotta fight for it. China is horrible, they are so cheap, they lie cheat and steal their way to dominating the listings on Ebay and Amazon both, it's so frustrating when you have to adhere to rules your competitors do not. We also have our own e-commerce store as well, and I put effort into that now also and we are actually making more money there now than on Ebay or Amazon - never thought I'd see that day so it feels amazing.
What is e-commerce? I'm new to all this and am interested in what u are doing as I can see how it's getting harder on ebay....even tho i just started....
Thank you so much my friend for this valuable information. Makes a lot of sense. I started 3 months ago. Have had a few sales but you learn a little every day. I can't wait to keep growing. I wish you to continue your success. Thanks again. ☺
My 2 cents...Stay strong everyone. Get into replenishables like Chris suggested. Approximately 9 month and counting until we pull out of the 'Postal Union'. When that happens postal rates from overseas shipping should skyrocket. Say bye bye to the ultra-low e-packets coming into the U.S. Most established U.S. based companies in the reselling business should get a boost. Plugging away with fingers crossed.
Right there with you. RIP Chinese penny sellers!
YES!
Is that positively going to happen? I hope not, since I get all my products from china just for the free shipping.Well at one time I would have welcomed it because it is hard to compete against the Chinese, but now I figured if you cant beat them, join them and it seems to be working well. Please keep me posted.
automatic payment method aligned for the winner of the auction would be good. Majority of the winners actually haven't paid me yet. Mean while the "buy it now" is killing it weekly
Before i watched this video, i thought "this wont apply to me, i sell used L.V. , Chanel & higher end/ vintage clothing, can barely navigate a keyboard & if i needed a lic to operate my computer, then im shitoutaluck, cos I'd fail the requirements,( trust me on this lol) BUT this young man makes a lot of sense, some applicable, some not so much but hell at my age, anything dif from the norm, is right up my alley so I'll give #1 #2 a go & lets see what happens! "Nothing changes w.out changing something". thanks dude.
I just started using promoted listings. It’s life changing or at least ebay sales changing! Thanks for your great tips.
make sure you monitor it, it's effects will wear off! It's not a set it and forget it program :D
Bc the trending rate moves higher, that’s why there’s more than just a high PL rate in most stores stratefies
Another very informative video Chris thank you. I'm currently starting to sell on Amazon so my focus has shifted a bit. I've had my best couple of months ever on eBay but due to lack of consistent activity my sales have dropped drastically. I'll definitely try to incorporate your 5 tips into my business to boost sales. Your positivity is well needed and so valuable 🤓
Amazon is king! 🥰
I love every single videos if yours I’ve watched so far. I just started using promoted listings. And will try the delist and realist. Thank you 🙏🏻 for all the insights!
Thanks Karen!
Here’s what boosted my eBay dvd sales I switched all my shipping to media mail free shipping marked all my dvds up to $10 than used promoted listings ! Dvds have been selling finally 💰
As always Chris, great immediately implementable ideas. Thanks. A few tips -
1. Void fill for packing - go to a local newspaper and check for newspaper end rolls. I sell about 150-200 items per month & a roll lasts me about 1 month and costs $1-2 per roll. They are heavy and a bit of a pain to store, but so cheap that I never worry about using as much as I want.
2. Check out using Regional A boxes if you are not already. From one coast to another it costs $10.87.
Hope you all have a great spring.
Great tips, i got one for you, try pirateship , with the cubic shipping its a lot like the regional boxes but can be used with many sizes including poly mailers with great rates, you can sometimes get the best rates with the box in a bag method utilizing the cubic rates.
@@stevevash4772
Grazi will ck it out
Really great pragmatic advice and strategies. Thank you
So many gems in this video! Thanks for sharing!
Thanks Laci! ❤️
Thank you for all you do. I really appreciate your information!
Some really good tips and advice there, thank you, iv also saved the video to watch later 😀
Great great content! Have watched dozens and dozens of videos and this is by far the best for content that can help! Thank you!!!
Precious and candid content! Respect!
You sound like a wise man. I'm just opening my store and I'm very interested in what you have to share. Many Thanks JPosh
Thank you so much, I used your tips and sold my 236$ vr headset in 3 weeks
To get more sales
1. Run promoted add at 30% for 5 days
2. Make your price 100 percent down and increase slowly
3 decrease you promoted to 20% later on
I learn so much from your videos. Thank you and keep up the good work!
Thanks Liz!
Thank you for all this good information I just got my my laptop and going to start a view things u just talked about. Thank you
Daily improvement!
Great tips!! I love following your content! And I absolutely need help to figure out how big my store needs to be to achieve my goal!
What a great video! Awesome job!
Thanks for the videos Chris! I love learning about eBay and how I can improve
cheers mate!
You got a new sub! Great Video!!!
Thank you!
First time listening to you. Thanks for your good & practical content! 😃
Thanks so much for sharing 🙌...subbed
Thanks Abigail
I learn so much! I downloaded this so I can watch this again . You are so smart. Thanks
All I can say ...... very smart man! Thank you
You give such amazing advice thank you for all your hardwork!
You are so welcome!
Thanks for the video! I do 20% promotions on many of my listings and my sales through rate is astronomical but my EBay fees are ridiculous
Scary right? pay to play.
I hate when that invoice hits, I've been ebaying for over a year, and only just discovered this promotion thing... fingers crossed!!
Throwing it back!
Hi Chris
First time I saw your video and was impressed my the quality of information you shared....really loved it. I have done sales on EBay and Etsy but by no means a pro at either. Both sites are definitely a challenge......my biggest issue is not being able to keep up with adding listings, you can get behind very fast.
Anyway, you were talking about replenishing your store.....almost understood the formula .....push 10 different good selling items with a $10.00 profit and sell 10 of each daily would equal the $1000 daily .......right? I have an approximate question, how many items should you carry to make $100 a day and $500 and then the $1000.00. Of course you need to know what type of items you need to sell to be able to meet those goals daily. My brain cannot figure that far, lol.
I really enjoyed your video and look forward to more, how often do you have one? Have a Happy Sales Day!!
Robin
Hi Chris! I just found your channel today and subscribed. Thanks for sharing your knowledge. I like what you're doing.
Thank you!
Great comment on the 10x10x10...Its all about not over complicating the process.
Great information. I really enjoyed this video
yea I was already paying over trending (not too much over) for promoted, been doing this for a few weeks and it does seem to be working. I normally don't do auctions but when I'm not sure of the value of an item, Ill set up an auction with a fairly high starting bid and if no one bids after a week, ill run the auction again with a lower starting bid.. just sold an item like that.. and I also do what you referenced.. also, I will list with BIN Best Offer and if that doesn't get attention then I will relist (not revise, as long as there are no watchers) with a lower BIN and sometimes raise the Promoted to over Trending (and of course make other changes like change opening pic) that seems to work fairly well... FINALLY Yes I'm revising about 4% per day ( hack I learned from you) and yes more traffic and more sales.. thanks for the tips...
Health, Beauty and Hair Care Products for replenishables is doing well for me. The problem is most of the stuff I get that I can make $10 on is discontinued so keeping it replenishable is kind of a challenge.
Ebay and paypal fees are crazy. Total 14%, plus they adding ebay tax to customers. Ebay is okay. Best to also have Amazon and your own website. Dont put all your eggs in one basket. Ebay can also cancel your account without notice for simple reasons.
I am almost always running a 35 or 40% sale on all of my inventory. Used clothes thrifter. 1.5% promoted on all and about 10% of my sales come from promoted listings. I source extremely cheap so I accept any offer above 70% of asking price just for the cash flow. Sell through of 35%. I will begin experimenting with promoted listings more. And now that everything is good till canceled I will definitely be delisting and relisting. Thanks good tips 👍😁
Awesome Matt, great strategies!
Thanks for all your analytic knowledge! MUCH APPRECIATED!!!
Right now, you are working well for me!!! I am learning a lot. I do vintage and antique, but am now thinking a few newer items might be a good bread and butter line. Thanks.
Thank you so much for your help!!
Very good advice. I am going to save your video so I can go back to it. If I had one sale a day I would be happy at this point. Mainly I am looking for things to sell and learn from the mistakes I made years ago. So I am a beginner again and I hope it works out better this time. Im not doing goodwill or keeping a lot of product this time because I bought too much stuff that didnt sell. I am more focused on drop shipping but I am not crazy about having to pay a monthly fee to shopify, so I am not using them. I only have 29 listings on so far. lol. but I am working on learning and finding things to drop ship every day.
Thank you sooo much for this video. I haven’t been to your website yet. But I watch you every time you post a new video and I feel
Like I ha e learned a wealth of knowledge from your content. Question.. When you say adjust prices does that mean up or down??
I am just starting my reselling business, so this is gold although a lot I am still trying to understand. Chris do you have more info on strategies for people who are JUST starting. BEST practices etc. Finally what percentage should I have the promotion at?
Thank you so much for this video I happened to stumble upon it today as I was exercising and I have just started my reselling business in an effort long time to replace my real estate income. You said to message you if we needed help with determining our replenishable income and I really want help with that.
I like the 10 x 10 x 10 approach! Inspiring talk. thank you
Dude ❤️ u r sooo awesome 👏 thank you so much !
Very helpful video. Thank you!
just started to do the eBay thing, a new area for me, finger crossed
Hello! Any extra ideas will help. Just starting. Thank for the good Information !!
Chris, great video! Question about the Data Mining I think you were talking about, do you have a direct link?
my right ear enjoyed this video
I know right? Sorry about that!
You said something that seems strange to me "I rarely have items sell after 180 days"
In most B&M pre-internet marketing a 90 day turnover was considered high, even for a specific size bolt in a hardware store. Because they paid rent on the space and so the item had to justify it's taking up space in a shop.
it looks like you are paying rent in a warehouse, no?
You measure the entire actual cubic shelf space (not the isles or head room) and divide that by the monthly rent to come up with a cubic foot rate. If you haven't sold an item that is taking up 1 cubic foot of space, after 180 days you multiply the monthly cubic foot rental by 6 (~180 days) to come up with a loss for that item (storage charge). The idea used to be that every cubic foot of space should be earning it's keep.
Of course for someone working out of spare bedroom that doesn't matter. Well, until the bedroom becomes over packed with ebay merch.
Thanks for this info, I Just revised a buy it now item that has sold 4 x in the past 22 days, I increased the price and offered eBay 31% for promoted listing (20% increase compared to what it was previously) this item has consistently sold at this volume for past 2 months, I'll come back to share my findings after a few days.
1 day later after offering eBay higher percentage and increasing price I can see the visits are steady with no difference to previously, also no sales, I'll come back in a few more days... So far not promising.
3 day's in and no sales, visits as per usual,
Ceri Thomas You ever get more sales?
@@RadonehereGamer Hey, this was written early on when promoted listings still had lots of glitches, I can honestly say now it's balanced out yes I'm seeing great constant returns using promoted listings
Ceri Thomas oh good, I keep sharing my item by copying it and it makes 2 views so I spam the button but is it actual views do you know what I mean?
Is promoted listting the same as booting the listting, I see you can boot your listting at the start when making the listting and promote a listting when it qualify for promoted listting... is there two promotions? Love the content thanks for all your advice.
I used to do only one of a kind items now I find that its better to have a bunch of replenishable items that we can re-make. It helps us a lot.
Another informative video, Thanks!
Wow, you are the best! Gave some real advice, I was loosing sleep over dead sales. Is the advice number one needed for items with no or very low competition?
Not ashamed to say I fall in to the category of having a store that was high functioning but has declined gradually as I took offence rather than to run with eBay who kept moving the goalposts for promoted listings and top rated seller. The high rate of returns on clothing where buyers 'freehire' my expensive bespoke suits has also reduced my interest in restocking . I will refresh, rethink and relist: Thanks for the tips :)
What happened to the Data Mining link you mentioned? Where is it?
You can't necessarily sell it on amazon because newbees are really restricted, plus if you are doing from China it may take too long for it to get to the buyer. If I had the money, I would buy an amazon account with no restrictions. Then I could make some money.
RIP Ebay! Hellow poshmark, depop, grailed, stockx and goat!
I'll check into these...thanks!
Just found your channel and I'm glad I did. Can you explain more about what you mean by "adjust prices daily." Does this mean adjust up or down or both? Is this just a way to increase search results by showing activity? Thanks
Exactly it. Don't let your store and/or listings get stagnate. eBay's algorithm loves activity. As far as adjusting, look around at your competition. It may be up or down depending of the going rate. Use lowest to highest on eBay's search for your particular items.
Great video m
Hey! After a 9 month refresh and rest I have opened my stores again. Things have changed alot I see! Do you still do private consulting? I need a crash course! Glad to see you're still growing on all these platforms! 🙌😄
I need a private consulting too! Or can I copy your notes? ;)
Great content. Thank you. Subbed.
You are correct. Valuable information.
love your channel bro , super helpful
I admire your business brain, Chris! 👍
thank you!
Great,honest info thank you!
sorry but what does it mean for replenishable items? please give example selling on ebay since oct 19 thanks.
hi, very helpfull video but no one mentions new ebay selleres, they are not allowed to use promoted listings, right ? I'm, new seller although longtime memeber on ebay but I cant use promoted listings. Do you have any suggestion for me ? thank you
Great sounding mic
Hey Chris, do you know that your watermark still says 10konthebay?
Good tips. Thanks for another good video!
Yes, I need to fix that 😀
Thanks for the lesson. We re just starting out.
Great Tips!!
Thanks for the video👍 How can you promote or advertise your auction items on eBay?Or can you actually?
Great info, thank u. New suscriber.
We tried promoted, 2nd time now, just completed a test, 420 items for 4 weeks. ZERO sales. Issue is, so many people use phones to order.... with 'ad blocker', promoted listings are NOT visible. Just so you're aware. We tried the same about 8 months ago, also, ZERO sales. Promoted, doesn't work for us.
I am super new but shoes have been selling very well for me. Mostly athletic shoes.
Nice!
@John Foley My sales aren't affected by age. Just condition and who much people want them. New sneakers of any model should be good!
Do you sell authentic shoes ?
How do you find out what the top 10 ebay selling items are.
PROFITS are never a bad thing!!! Profit makes the world go round... Don't let anti-capitalists tell you otherwise... Props to ebay..
Yes!
What type of shoes do you sell? Where do you get them from? Do you use bots?
10:05 Subie pulling up.
I am selling 2-4 things a day now which is good for me. I think I am making money but not sure. I deduct ebay fees 10%, and paypal 2.9% and .30. I am not sure of the final value fee, and i can only hope I have covered all my bases. Fees really cut into profits.
hey can you tell me in which category i should list my 925 silver jewelry
Great strategy suggestions!
Hi Chris, thanks for all the great videos! I am wondering how effective are promoted listings in terms of increasing the overall traffic. In other words, if I promote 10 listings, would sales on my other 100 listings improve as well? I understand that there should be some positive impact, however, I am unsure just how effective that would be? Thanks in advance :)
You’d have to test it, depends on category
@@dailyrefinement Thanks for your quick answer :) I will indeed give it a go and see what happens.
Sometimes I feel like my listings are being suppressed, like I search my item before i list it, i see what ppl are asking for it, i see what it has sold for. So I was watching this one item that was in an auction format, the item was already bid up to $165 the others listed were buy it now asking $300 or best offer. So I listed my item at $165 or best offer and my item was in the original box with paper work and extras, the one being bid on didnt even have the box or any extras, just the unit itself, and my listing sat for a week with almost no views and 0 watchers and the one I was watching eventually bid up to $176 over that week and I am like WTF do these people not see my friggin item? Do they not see i have 100% feedback? Like wtf is going on?