Chris, you should move to West Houston or Southwest Houston. It is very diverse, we have amazing flea markets, asian food, tons of amazing thrift stores and bins, no state taxes, small biz friendly and I would source for you because that is what I love doing! ❤
You said you didn't know why salty Crew sells. It sells because anything Fishing related is a HUGE market that's actually pretty well overlooked by a lot of resellers."fish" "fishing" are PRIME key words.
What about the brand "Reels"... I live in Florida and run into the brand OFTEN, but never pick it up as I'm not sure if I should start to invest in this brand... thoughts?
Not sure how I missed this month’s ago but happy to have caught it now. I plan on watching again to really pound the point in which I really needed to hear as my inventory has taken over my house. Thanks for the insightful content!
Things have changed so much over the years. 23 years ago we sold everything for premium profits. Many many more sellers today gradually have brought prices to rock bottom. I miss the old days. :(
I have been on eBay since 1998. Absolutely spiral downward in profit, let alone thrifting. The competition at all levels , plus the complicated accounting and algorithms…ugh!!
My cost of goods is about .45 each. We have warehouses where I live full of used clothing. We pick through Gaylord’s. They are open to the public 2 days a week. Small town with very few resellers.
This is very helpful and more true than people think. I mean people often think quickly and get a wrong answer of if I buy for 1 and sell for 20, that's worse when I could sell it for 80. That's 59 more profit. However, that thinking doesn't factor in time. If something sits with you for 3 months, when you could've flipped it in 1 day, you could've had a better return per day reinvesting that 19 profit into 19 more items. Even if it takes you 7 days to get a sale it's much better to have more money to reinvest faster than to sit on something for months making no profit. (20-1)/1=20x your money. 80x your money in a month vs 20x after 4 garage sale buying every week for the same amount of time is 20^4=160000x your money. Extreme example cause you're not going to find 8421 wahl clippers at a garage sale but you're probably okay with taking a lower roi on more expensive products which make you more money with less risk.
Minor complaint - was expecting a video about brands from the start... and it was a video about random thoughts and ideas with not much structure for too long. Or maybe I am just old and meticulous and easily fall for clickbait titles. I saw your pinned message now and the timestamps later.. but sheesh, this series is not your best work. If anything, Im inspired to make my own videos for new resellers in 2023 - thank you for that. I'll continue to subscribe, to your channel its definitely top of the foodchain. Just was expecting more from an inspiring overachiever. Be well.
Charity shops/ thrift shops, are now selling items at eBay prices, I questioned some item prices,say that I thought the thrift store was a little expenses, the tag had our price and eBay price, the lady turned the laptop around and said look, we are now pricing the same as eBay, definitely changed in a big way…
Very difficult to be able to source that much inventory to sustain those numbers; regardless of genre of goods. Not applicable to most of us, I don't think.
@@dailyrefinement No, it didn't fall on deaf ears. But to scale even a fraction; to find so much quality goods to sell at low prices is extremely difficult. Even with years of work building a network and supply chain.
About the only brands of these I find in Middle GA at sometimes reasonable prices are Nike and Columbia. 95% on the rack are store brands in thrift stores. I'm also fairly inexperienced and trying to learn. Lucky to find numbered Levis sometimes.
And a lot of the athletic brands don't sell for much, Nike included. I rarely pick up Nike or Under Armor unless it's dirt cheap because there's tons of it listed and not a lot of profit generally.
Here are some more things to look for! Clothing Broad Fishing Clothing 100% Wool Made in USA Vintage Sport Jersey’s Basketball Shoes (LaMelo’s) Hawaii Clothing BRANDS Zara Hudson J.Crew Columbia Chanel Dior Prada Salty Crews Coogi Citiadel American Eagle Build a Bear Vineyard Vines Keens (Shoes) Flower Mountain (Shoes) Reun Spooner William Murray Raulph Lauren
When im listing price i always consider buyer shipping and tax. If i got in 3.60 i sell in 15 to 20 then I’m open for offer i dont want to hold inventory $10 profit is fine with me
Never ceases to amaze me the way people will buy jeans for even $15 plus ship on eBay, when they could walk into any thrift store and get the same or better for $5. I Guess some people don’t have access to stores….
They’re buying time. No guarantee the stores will have the sizes and condition the buyer wants. Especially for women’s clothing where sizing is brand-specific, finding exactly what you want is difficult even if plentiful stores in area.
I will. The right fit, rise, brand, sizing, color, texture... makes a difference for some people. Just look at how crazy women's sizing charts can vary for body types as well as the quality control.
I have many people consider thrift stores are trash and smelly so they never go in. Its dirty and people dont want to clean the items also. If you are willing to do the dirty work and clean items and list with nice pictures. You have a business.
My personal opinion is to stay away from brands, one way to get your account suspended, all it takes is for a buyer to contact eBay, eBay will always side with the buyer. Would I be right in thinking, that you got suspended from eBay towards the end of 2022? Love reselling, but would never touch clothing, 80% of clothing purchased here in the UK, gets returned to eBay seller.People buy a suit, wear it fora night out, then return it. Not for me :-)
A lot of flea markets let you get free things especially clothes when they start picking up. I've got almost new actual designer clothes n brand name mostly. I'm going to my flea market tomorrow
Do you have any goodwill outlets near you? I’ve sent there and they sell by the lb. That is going to be my go to as I start my reselling venture. Also, do you pay to get the clothes washed at the laundromat or something better selling? I also want to sell my sports cards, should I create another shop?
This sounds so bizarre to me but I guess maybe it’s because I refuse to do auctions. I sell BDG jeans regularly for $25-30 and I am not a celebrity or an influencer lol
So I’m a little confused. People can just buy items from you at affordable wholesale prices and sell them for profit if they’re willing to deal with the variance in time it takes to sell?
Nothing about eBays assisting chosen resellers by adjusting the sponsored sellers prices (for them) just enough to outmatch any unsposored competitors and take the sale even by pennies cheaper? And diverting buying traffic to their stores as part of their contract??
Do you have any tips for thise who sell toys :-) we just marked 1 year in ebay, with average of 3 sold items per day, we want to scale up :-) could we use your masterclass? ❤
Where I live in Virginia, and hour west of DC, those Charcoal Urban Outfitters jeans would be priced between $6-12 at a thrift store. And, don’t get me started on shoes….trashed name brand athletic shoes $15-25; in good condition, thrift stores charge $30-50, depending on brand, style, etc…
Very cool video. I wonder if the Rolling Stones Shirt (Grand Slam) + one of the other high dollar (Homerun) pieces made the same amount as the rest of the items combined.
I have a pair of men's BDG that are new with tags. I've auctioned them over and over for $9.95 with no bids after I had them at fixed price for quite awhile.
@@dailyrefinement I keep up with ebays changing ways and I believe this listing is optimized. Good title, pictures, and description. Item specifics are filled out, even the additional ones.
@@vickymessmann4851 It all seems very contrived and as though we have no control over anything, anymore. In another video Daily Refinement stated that he thought ti was the end of reselling for most resellers because the algorhythm has gotten so complicated.
Wait, so if you bought them at $75 and sold them at $75? Wouldn't you have lost money from the shipping & listing fees, regardless of whether or not you sold at the price you bought them for? I'm confused 👀
Honestly, you talk so fast it is hard to follow you and a lot of what you said that I could follow made no sense. I'm no financial genius, but I just try to buy at a low price and sell for about double that cost plus shipping.
There is no way I could give stuff away at those prices and make a living. You can’t buy a pair of jeans here without paying at least 5 dollars a pair. How the hell are you selling a bundle of jeans for $10? No wonder we can’t sell jeans anymore at a decent price!
That's absurd. So you are going to pick up those BDG jeans at the bins for $2, and list, take photos, store, pick, and ship for a measly $1. Yeah, okay.
@@musashi-san____1409 he totally would. Stevie wonder was a doer regardless of what was in his way not one to sit at home slapping his meat complaining about how long an educational video is.
How much do you want to make daily? Brand knowledge starts at 20 minutes ish
$200 in profit daily.
Chris, you should move to West Houston or Southwest Houston. It is very diverse, we have amazing flea markets, asian food, tons of amazing thrift stores and bins, no state taxes, small biz friendly and I would source for you because that is what I love doing! ❤
@@Banana-Lana I imagine he may like Austin as well. It wouldn't be for me, but many love it!
I just started, but I would like to net 100 per day.
$100 - $200 per day I'm at $25 per day right now, but with a little Daily Refinement, I will get there!
You said you didn't know why salty Crew sells. It sells because anything Fishing related is a HUGE market that's actually pretty well overlooked by a lot of resellers."fish" "fishing" are PRIME key words.
I love when I come across PFG, guy Harvey, salt life etc.. I know it's gonna sell quick with good profit
@@gbresaleking I get excited even if it's just a regular mall brand t shirt with cool fish graphics on it. They sell just as well.
What about the brand "Reels"... I live in Florida and run into the brand OFTEN, but never pick it up as I'm not sure if I should start to invest in this brand... thoughts?
@GBResaleKing good to know... what about the brand "Reels"?
I got an awesome Salty Crew shirt @ Ross for under $10
Not sure how I missed this month’s ago but happy to have caught it now. I plan on watching again to really pound the point in which I really needed to hear as my inventory has taken over my house. Thanks for the insightful content!
Things have changed so much over the years. 23 years ago we sold everything for premium profits. Many many more sellers today gradually have brought prices to rock bottom. I miss the old days. :(
It’s the same now. Profits are sky high when something comes out.
I have been on eBay since 1998. Absolutely spiral downward in profit, let alone thrifting. The competition at all levels , plus the complicated accounting and algorithms…ugh!!
@@annfridinger1307 the accounting was the same then as it is now, and the profits are the same now as before, lol. It just saturates faster.
Things have changed that's how life works. Profits are still there you just need to put in a lot more effort to separate yourself from the others
The competition is good. Competition bringing the price down has made buying on 2nd hand market more popular than ever-making room for more resellers.
My cost of goods is about .45 each. We have warehouses where I live full of used clothing. We pick through Gaylord’s. They are open to the public 2 days a week. Small town with very few resellers.
What's you're store?
The transparency 🤌🏽🤌🏽🤌🏽
You are the man Chris 🙌🏽
Seen an old video recently of Mr.Beast wearing a Salty Crew shirt
This is very helpful and more true than people think. I mean people often think quickly and get a wrong answer of if I buy for 1 and sell for 20, that's worse when I could sell it for 80. That's 59 more profit. However, that thinking doesn't factor in time. If something sits with you for 3 months, when you could've flipped it in 1 day, you could've had a better return per day reinvesting that 19 profit into 19 more items. Even if it takes you 7 days to get a sale it's much better to have more money to reinvest faster than to sit on something for months making no profit. (20-1)/1=20x your money. 80x your money in a month vs 20x after 4 garage sale buying every week for the same amount of time is 20^4=160000x your money. Extreme example cause you're not going to find 8421 wahl clippers at a garage sale but you're probably okay with taking a lower roi on more expensive products which make you more money with less risk.
thanks man. this is really epic brand session.
Minor complaint - was expecting a video about brands from the start... and it was a video about random thoughts and ideas with not much structure for too long. Or maybe I am just old and meticulous and easily fall for clickbait titles. I saw your pinned message now and the timestamps later.. but sheesh, this series is not your best work. If anything, Im inspired to make my own videos for new resellers in 2023 - thank you for that. I'll continue to subscribe, to your channel its definitely top of the foodchain. Just was expecting more from an inspiring overachiever. Be well.
Here in NC we love saltly Crew. Fishing brand must have,comfortable to. Enjoy your viedos and learning so much. Thank you.
Some of the best information I have heard in a long time.....but now thrifting has become big business and the market is oversaturated.
Charity shops/ thrift shops, are now selling items at eBay prices, I questioned some item prices,say that I thought the thrift store was a little expenses, the tag had our price and eBay price, the lady turned the laptop around and said look, we are now pricing the same as eBay, definitely changed in a big way…
BDG doesn't stand for bulldog stands for bob, dale, greg...the name of the brothers who started it. Bullhead Jean's are sold at pacson.
I just sold a pair of NYDJ for $25 plus $9.55 shipping on e bay today
Salty Crew is an SD brand. Their dad has owned the major historic boat shop on the dock forever in mission bay.
Very difficult to be able to source that much inventory to sustain those numbers; regardless of genre of goods. Not applicable to most of us, I don't think.
I think you missed the point of the video, I explained how you can do it on a small scale
@@dailyrefinement No, it didn't fall on deaf ears. But to scale even a fraction; to find so much quality goods to sell at low prices is extremely difficult. Even with years of work building a network and supply chain.
@@dailyrefinement lol😅
Great editing with the brands.
Much appreciated!
Do u buy stuff if there's a flaw, stain, defect etc? Thanks
been looking for a video like this, trying to get into clothes reselling, very excited to try!
I have yet to find BDG jeans in my area. Most of what I find is Walmart and kohls brands.
About the only brands of these I find in Middle GA at sometimes reasonable prices are Nike and Columbia. 95% on the rack are store brands in thrift stores. I'm also fairly inexperienced and trying to learn.
Lucky to find numbered Levis sometimes.
What part of Georgia are you in? Like Macon Georgia?
And a lot of the athletic brands don't sell for much, Nike included. I rarely pick up Nike or Under Armor unless it's dirt cheap because there's tons of it listed and not a lot of profit generally.
I would look for nascar NFL college football stuff might have better luck finding that kind of stuff.
Here are some more things to look for!
Clothing
Broad
Fishing Clothing
100% Wool
Made in USA
Vintage Sport Jersey’s
Basketball Shoes (LaMelo’s)
Hawaii Clothing
BRANDS
Zara
Hudson
J.Crew
Columbia
Chanel
Dior
Prada
Salty Crews
Coogi
Citiadel
American Eagle
Build a Bear
Vineyard Vines
Keens (Shoes)
Flower Mountain (Shoes)
Reun Spooner
William Murray
Raulph Lauren
Very valuable education - thanks!
but people like you, makes it hard for the people that are starting, hard to sell. I like the way you bundle....
did someone say San Jose Sharks? 29:34
When im listing price i always consider buyer shipping and tax. If i got in 3.60 i sell in 15 to 20 then I’m open for offer i dont want to hold inventory $10 profit is fine with me
Never ceases to amaze me the way people will buy jeans for even $15 plus ship on eBay, when they could walk into any thrift store and get the same or better for $5. I Guess some people don’t have access to stores….
Haven't seen jeans that cheap at any goodwill for years. Try 6.99 - 29.99. They will charge the max for anything other than old navy.
They’re buying time. No guarantee the stores will have the sizes and condition the buyer wants. Especially for women’s clothing where sizing is brand-specific, finding exactly what you want is difficult even if plentiful stores in area.
Depends on many factors. "Same or better" is a high expectation for used clothes. $5 is among the lowest possible prices.
I will. The right fit, rise, brand, sizing, color, texture... makes a difference for some people. Just look at how crazy women's sizing charts can vary for body types as well as the quality control.
I have many people consider thrift stores are trash and smelly so they never go in. Its dirty and people dont want to clean the items also. If you are willing to do the dirty work and clean items and list with nice pictures. You have a business.
My personal opinion is to stay away from brands, one way to get your account suspended, all it takes is for a buyer to contact eBay, eBay will always side with the buyer. Would I be right in thinking, that you got suspended from eBay towards the end of 2022? Love reselling, but would never touch clothing, 80% of clothing purchased here in the UK, gets returned to eBay seller.People buy a suit, wear it fora night out, then return it. Not for me :-)
I've only had that happen once in 23 years. Buyer wore an item, returned, I complained, eBay refunded us both.
A lot of flea markets let you get free things especially clothes when they start picking up. I've got almost new actual designer clothes n brand name mostly. I'm going to my flea market tomorrow
Do you have any goodwill outlets near you? I’ve sent there and they sell by the lb. That is going to be my go to as I start my reselling venture. Also, do you pay to get the clothes washed at the laundromat or something better selling? I also want to sell my sports cards, should I create another shop?
This sounds so bizarre to me but I guess maybe it’s because I refuse to do auctions. I sell BDG jeans regularly for $25-30 and I am not a celebrity or an influencer lol
I found this video very helpful. Thanks !
Did you purchase by bins or separately purchase or bulk?
Are these really sourced at local garage sales? I can’t even land some of these for personal use sometimes
So I’m a little confused. People can just buy items from you at affordable wholesale prices and sell them for profit if they’re willing to deal with the variance in time it takes to sell?
Thats what he said
So where is good to buy these items for cheap?
When you talk about high seller clothing can you tell what the money looks like.
Can you tell me what app-to use for pricing .
What size do you seek the most ?
Nothing about eBays assisting chosen resellers by adjusting the sponsored sellers prices (for them) just enough to outmatch any unsposored competitors and take the sale even by pennies cheaper? And diverting buying traffic to their stores as part of their contract??
Do you have any tips for thise who sell toys :-) we just marked 1 year in ebay, with average of 3 sold items per day, we want to scale up :-) could we use your masterclass? ❤
Thank you for sharing all the information
So in a nutshell sell stuff cheap on eBay. So its harder to clear 200-1k profit per item, better to do craigslist FB market place for higher ticket?
Great information!
Great and helpful video. You gained 1 more subscriber
Whatnot takes a lot. Hopefully ebay has a option to go live soon
Thank you so much for sharing the game ❤
Love your videos! Value info! With that being said let me get that hat so I can resell it 😂
You can do it!
@dailyrefinement what state are you located? Because most of those good brads like Patagonia and north face are not found as often in Texas.
This was soooooooo helpful!!
Where I live in Virginia, and hour west of DC, those Charcoal Urban Outfitters jeans would be priced between $6-12 at a thrift store. And, don’t get me started on shoes….trashed name brand athletic shoes $15-25; in good condition, thrift stores charge $30-50, depending on brand, style, etc…
Excellent video! Thanks
What’s the best alternative to Grailed?
Wish I had your energy!
What are the best sites to sell on?
Very surprised you pick up the stuff with the embroidered logos of random companies! I would have thought the value would be much less.
Thanks so much for sharing ur knowledge man. ❤︎❤︎❤︎❤︎✌️
Very cool video.
I wonder if the Rolling Stones Shirt (Grand Slam) + one of the other high dollar (Homerun) pieces made the same amount as the rest of the items combined.
Could be
Hi thank you so much where buying clothes
10$ profit can be made on those items but that doesn't include eBay fees
Who determines the cash value on something ? How do you have these numbers ?
The max price that it would be a "no-brainer" for a reseller to buy. Determining cash value is more of an art than a science.
Is it legal to buy and sell Celebrity official Merch?
Should resellers have a niche? Could selling a variety of items be a disadvantage? Thanks
Very good advice. Thank you
The examples in this video were pretty confusing since it revolved around being an influencer, and what not to do? Maybe I misunderstood.
I would like to start a business for clothes how to stock and where
How would you know the cash value of an item?
@@fritzthecat8158 when purchasing, not COMPs!
In other wholesale.
nice to know
I bet I've seen you at the flea market. I'm also out at dark thirty.
I have a pair of men's BDG that are new with tags. I've auctioned them over and over for $9.95 with no bids after I had them at fixed price for quite awhile.
Poorly optimized listing
@@dailyrefinement I keep up with ebays changing ways and I believe this listing is optimized. Good title, pictures, and description. Item specifics are filled out, even the additional ones.
@@vickymessmann4851 It all seems very contrived and as though we have no control over anything, anymore. In another video Daily Refinement stated that he thought ti was the end of reselling for most resellers because the algorhythm has gotten so complicated.
Are the people on whatnot hearing you explain how to sell to us? While your selling live.
Yes
Those Nordstom jeans can sell for sixty bucks out the door all day
New subscriber :)
Proenza Schuler is quite expensive......
Hello Chris.
Hi!
Good video
I pay my staff 1.25 per item
scully is good
"So, not everything I sell is going to be for a profit." What?
Whoosh
What do you mean by cash value ?
Dumb question…
Just answered my question in the video
Wait, so if you bought them at $75 and sold them at $75? Wouldn't you have lost money from the shipping & listing fees, regardless of whether or not you sold at the price you bought them for? I'm confused 👀
Nevermind hahaha. I have to stop asking questions before the videos over.
Are you allowed to resell Disney stuff?
Do you want to know more about used clothes details？
Honestly, you talk so fast it is hard to follow you and a lot of what you said that I could follow made no sense. I'm no financial genius, but I just try to buy at a low price and sell for about double that cost plus shipping.
🔥🔥🔥
There is no way I could give stuff away at those prices and make a living. You can’t buy a pair of jeans here without paying at least 5 dollars a pair. How the hell are you selling a bundle of jeans for $10? No wonder we can’t sell jeans anymore at a decent price!
Volume buying
All except Kanye West's brands
Why? Such a fast cancellation on all fronts just proved he was right.
How does a newbie make money without a following
Everyone starts out that way Plesse give me newbie advice
don't need a following, just great items
Multitudes of "EX-PERMANENTLY SUSPENDED" Ebay accounts have
been re-instated.
I think so
Cash value=cash yuou actually sell the item for, not what you SAY it’s worth, or price it at. STOP THE CAP
woah
Wow you got that at flea market for average cost of goods 4 bucks wow what flea market is selling that for 4.00 items
That's absurd. So you are going to pick up those BDG jeans at the bins for $2, and list, take photos, store, pick, and ship for a measly $1. Yeah, okay.
Totally missed the point of the video, lol
@@dailyrefinement Right. Like I am going to spend 30 minutes watching a video. I don't even do that for porn.
@@musashi-san____1409 yo keep slappin it. I will keep going to the bins and hitting 600-1k a day in sales 😉
@@lotsofemily Woah! Impressive. 🙄Even Stevie Wonder would find stuff at the bins.
@@musashi-san____1409 he totally would. Stevie wonder was a doer regardless of what was in his way not one to sit at home slapping his meat complaining about how long an educational video is.
Lol now we need to be influencers to make profit on sales lol wow reselling is not at all what it once was smh....
Missed the point of the video 😂
🎃💪
Not every item you sell will be for a profit .. you say ? Then why sell it all? Waste of time ..
Whoosh, as they say.
Yah you don’t have to bring prices to rock bottom. Now you teaching people to not pay over certain prices
So much game being soaked up🙌🏾🫡