I made the decision a few years ago to focus on small vintage items, postcards,photographs,pins,non sports cards like old tobacco cards, for me it was to make the process easier, I can source everything online in bulk, I can store thousands of these items on a few shelves, I no longer need so many boxes and bubble wrap. The only downside is how long some of them take to sell, some may never sell, but it has sure made things easier, it's much easier to scale it up. I will still sell other stuff when I come across something great, but my main focus is the small vintage stuff and I love it.
Gotta keep changing with the times. Books, CDs, DVDs, Video Games, Sports Cards, Comics. All boom and bust times. Everything cycles around eventually. Online platforms make it too easy for future competitors to enter the market. I mostly deal in antiques and collectibles. My main focus are in person shows and flea markets. Only higher end rare items go on ebay waiting for buyers. I couldn't imagine having to sell everything online.
We feel the same way about clothing. It was profitable at one time. But now most brands are saturated and it isn't worth our time. Which is why we are focusing on golf clubs. And sometimes change is good :)
I sell video games and I operate on smaller margins. I do it largely because I enjoy it and I have no plans to purchase a house or vehicle and I prefer to stay single and have no kids. So I don't need as much money as many other resellers. I am thriving because my needs are so small, by making 20% of what others make I am happier. I enjoy the grind and don't care much about what is the most profitable niche, if I have fun selling something then I do it. Of course there is a limit to that mindset, if it ever got to the point where profits were really low I would move on.
Yep, the market is too saturated with resellers. My side hustle is large items. I know how to large move items safely without damaging them., I also have a truck and free storage, most people will either give away or very cheap. A little work goes a long way and greatly reduces the amount of people in my area trying to do the same thing. I went to a large public auction yesterday and a $5000 restaurant machine went unsold because people didn't want to move it or deal with shipping it. I'm trying to fine tune my process.
I started because to make extra money to what my current income doesn't cover and to learn my own skills on my own instead of family teaching me skills , so I started watching these kinds of videos to teach me how to do certain things .
@@jonasbarnes7744 I would never recommend an ungating company in any circumstance. The only advice I have is start and fail and fail and fail and fail and fail, and then you’ll be fine.
Of course your margins tucked. You were buying low value games at auction.....go garage saling and fbm sniping. Less in gross sales but wayyyy easier to hit better profits overall.
Хобби
I made the decision a few years ago to focus on small vintage items, postcards,photographs,pins,non sports cards like old tobacco cards, for me it was to make the process easier, I can source everything online in bulk, I can store thousands of these items on a few shelves, I no longer need so many boxes and bubble wrap. The only downside is how long some of them take to sell, some may never sell, but it has sure made things easier, it's much easier to scale it up. I will still sell other stuff when I come across something great, but my main focus is the small vintage stuff and I love it.
Gotta keep changing with the times. Books, CDs, DVDs, Video Games, Sports Cards, Comics. All boom and bust times. Everything cycles around eventually. Online platforms make it too easy for future competitors to enter the market. I mostly deal in antiques and collectibles. My main focus are in person shows and flea markets. Only higher end rare items go on ebay waiting for buyers. I couldn't imagine having to sell everything online.
We feel the same way about clothing. It was profitable at one time. But now most brands are saturated and it isn't worth our time. Which is why we are focusing on golf clubs. And sometimes change is good :)
I sell video games and I operate on smaller margins. I do it largely because I enjoy it and I have no plans to purchase a house or vehicle and I prefer to stay single and have no kids. So I don't need as much money as many other resellers. I am thriving because my needs are so small, by making 20% of what others make I am happier. I enjoy the grind and don't care much about what is the most profitable niche, if I have fun selling something then I do it. Of course there is a limit to that mindset, if it ever got to the point where profits were really low I would move on.
Im on the same boat. I sell about 2 items a week. It's good extra cash and i enjoy it
The Auction Professor is amazing!
But he doesn't share his best knowledge and that's all I'm missing..
Postcards is a great idea. I didn't know. Thanks.
Yep, the market is too saturated with resellers. My side hustle is large items. I know how to large move items safely without damaging them., I also have a truck and free storage, most people will either give away or very cheap. A little work goes a long way and greatly reduces the amount of people in my area trying to do the same thing. I went to a large public auction yesterday and a $5000 restaurant machine went unsold because people didn't want to move it or deal with shipping it. I'm trying to fine tune my process.
Websites like whatnot has made a huge demand for pop culture and other similar items to flip on their site.
I started because to make extra money to what my current income doesn't cover and to learn my own skills on my own instead of family teaching me skills , so I started watching these kinds of videos to teach me how to do certain things .
do you have a separate eBay store for the postcards?
No, its currently all together. I will probably end up having several postcard stores. Z
Postcard market is flooded. Believe me.
Do you know how I am listing them?
Are these people that buy these popular titles on ebay then flipping them on amazon? Or are they re-flipping them on ebay.
Great video! Thanks. 😊
My guess is most occurs eBay to Amazon because that is typically going to be where there’s more margin but I don’t think it exclusively has to be that
@@WBKnoblock did you sell on amazon?
@@jonasbarnes7744 yes
@@WBKnoblock would you recommend a company to ungate with first? Do you have any guidance around ungating? Is it better to sell on amazon fba or fbm?
@@jonasbarnes7744 I would never recommend an ungating company in any circumstance. The only advice I have is start and fail and fail and fail and fail and fail, and then you’ll be fine.
Specialized knowledge is where it's @, huh
Who ever is reading this... have a great day! 👍🍉🤣
Of course your margins tucked. You were buying low value games at auction.....go garage saling and fbm sniping. Less in gross sales but wayyyy easier to hit better profits overall.
I don’t think you’re getting my point