3 Hours (!!!) of Brutally Honest Reselling Advice

Automate your eBay business with Flipwise: https://flipwise.app Do you have a question for me? Ask on video here! :) https://www.videoask.com/fawnievdm Audio version can be downloaded here: https://tinyurl.com/nmpdrz6z Sourcing How far do you drive for garage sales? 2:51 How much profit should I aim for? 3:16 What's the minimum margin you're willing to take? 22:18 How much time do you spend sourcing? 25:18 How do you find bulk buys? 26:25 What items feel tempting to buy but are rarely worth it? 27:19 How do you define cost of goods for personal items? 33:36 Would you list a $10 item or find something better? 41:02 When do you pay up for something? 47:38 What are your targets for ROI, margin, etc.? 50:44 Do you buy VCRs even without the remote? 1:01:20 Do you show up early for garage sales? 1:04:21 Do you ever buy pallets of inventory? 1:36:09 Do you test stuff before buying? 1:37:49 How to calculate STR when no results are found 1:13:29 How do you track your mileage? 1:19:24 Can I do this even if I live in a small town? 1:40:43 What items are more risky for negative feedback? 1:52:33 Listing / Selling Slow dime or fast nickel? 1:39 Why do people bid but then never pay? 4:25 Do you get offended when someone makes a lowball offer? 12:15 How do you handle best offers? 13:03 How much feedback should I get until I start listing higher dollar stuff? 15:52 How do I handle this weird return situation? 18:16 What length of time is considered "normal" to get your first sale? 23:14 How do you price your items accurately? 34:58 What’s the best sale you’ve ever had? 43:48 Does having more feedback increase sales? 41:26 Do you offer free returns? Why? 44:49 Should I open up sealed items to make sure everything is OK before selling? 48:53 Should I schedule my listings or list them right away? 53:53 Should I be selling internationally as a new seller? 58:22 Do you fill in all the item specifics eBay asks for? 1:00:42 Why did my eBay selling limits just jump to $5-million? 1:10:45 Should I be putting a bunch of keywords in my description? 1:11:53 Do you remove the background from your photos? 1:21:28 How do I re-list something that has been removed by eBay? 1:25:21 Should I leave my sold listings Active with quantity 0? 1:27:20 How consistent should I be with listing? 1:35:10 Should I add hidden keywords to my description? 1:38:37 How many items am I allowed to list as a new seller? 1:42:04 Do you ever get rid of things that don’t sell? 1:44:46 What if you get multiple offers on the same item? 1:49:15 Should I use BIN or Auction? 1:51:03 Do views have an impact on sales? 1:53:50 Have you ever sold on eBay Live? 2:04:41 Do you sell on other platforms or just eBay? 2:05:28 Do sales increase during the holiday season? 2:15:37 How long does it take to list? 2:21:35 Shipping Do you schedule pick ups or drop off at the post office? 13:57 Do you vacuum seal your clothing before shipping? 17:09 Where do you buy your boxes? 31:41 How do you determine shipping costs without prepacking? 36:34 Why don’t you use calculated shipping? 55:49 What do you use for void fill? 1:07:02 How do I handle combined shipping using calculated rates? 1:49:43 Have you ever shipped anything via freight? 2:01:26 How does flat rate shipping work? 2:20:24 Misc How do you store your inventory? 0:20 Does eBay send you the form you need for taxes? 5:13 How do you clean hats? 14:51 Is an eBay store subscription worth it? 30:39 What’s the difference between eBay, Poshmark, and Mercari? 43:00 Buyer says item has not arrived, but tracking shows it has. Now what? 45:45 Is there a benefit to ending and relisting? 46:25 How do you avoid VeRO claims? 52:34 Are larger stores favored over smaller ones? 54:42 How do you track your inventory after it is listed? 40:33 How much time do you spend on this business? 1:02:13 What are some of your worst flips? 1:05:20 Do you often host your own garage sales? 1:06:36 Would you ever consider going full-time on eBay? 1:08:26 Do you put pineapple on pizza? 1:13:19 Should I cater to a buyer’s every demand? 1:15:42 Tell me more about your background in product/software 1:22:43 What do with a buyer who wants to return something outside of eBay 1:24:12 How should I set my payouts? Weekly? Daily? 1:26:48 Why do my pageviews change day-to-day? 1:29:33 Should I make stores for different niches? 1:31:43 How do you manage your time? 1:39:33 Are you monetized on YouTube? 1:55:02 What parts of the business does your wife help with? 2:00:42 What are your reselling goals? 2:16:51 How did you grow your reselling business? 2:19:01 Flipwise Is Flipwise good for small sellers? 8:50 Does Flipwise track all shipping expenses? 10:12 Does Flipwise consider "sell-similar" relists as new listings? 10:36 How do I change my Flipwise membership? 11:31 Do you clean boots/shoes before you sell them? 17:36 Have you ever sold on Whatnot? 20:04 Do I need to wash my clothing before selling it? 19:24 What are your top 3 sandwiches of all time? 34:30