Breaking Records! $8,400 in Sales Last Week! What Sold!

[@kandmresell]

Sorry, realized after editing that I pronounced LARRY MAHAN incorrectly yet again.. XD

[@chnettles]

Also Corral is like a horse corral...not ocean coral. :) Love your videos! Thanks for sharing.

[@kandmresell]

Oh wow… I never knew that. Thanks for letting me know! I’m an idiot when it comes to pronunciations of brands I’ve come to realize😂

[@ricksiuma5817]

Congrats How are all these BOLO brands coming from one location? We have a dozen Goodwills around us and they don't have 90% of brands in the video.

[@lorrainezambrano6492]

Once again, great video. Enjoy watching your sales…very motivating & inspiring.

[@JBAKER97]

Thanks for the BOLO’s. I do well on boots too. Learned lots of new brands from you. Thanks!

[@MogiBeth]

Congrats on an AWESOME week of sales!!!

[@kandmresell]

Thanks! I think you replied to my comment a month ago, but thanks again for the shoutout a while back!

[@lmtellsho6283]

Duluth Trading isnt really a "utility" pant...they are big with hikers and people who are outdoors in rough territory camping. They spoof a lot with their ads, but they are a high priced pant meant for out door folk. Noone who buys work pants would opt for this one. I would upsell these to hikers and campers from small to Xl. Same goes with their other stuff. They are better known up north, but Texans get into rough landscqpes as well and not all are ranchers.

[@tdoustout]

Our Goodwills price up any shoes that are good, flat rate on all the junk.

[@ilovehostas3594]

I found a cashmere sweater by Brunelleschi Cucinelli sweater on a new rack and it wasn’t marked up so I paid about $6 or $7 but it does has 1 small hole, but another reseller still sells items with holes as it was several hundred dollars new. Great video.

[@kandmresell]

Great find!

[@cesarandjenrodrigues7804]

His name is Brunello Cucinelli. Zuckerberg wear his design t-shirts. Most people think they come from Kohls but they don't. Lol

[@vehiclenomad5358]

I used to sell on eBay here and there but this year I started doing it more as a part time. what made you go with 10% for promoted listings? im currently doing 2% on everything except a few items.

[@ladysuburbia]

Great video. Learning new brands and I don’t sell a lot of clothing. Good info all the time!

[@Kevin-rs6cr]

Vitale Barberis Canonico is the second most prestigious Italian wool mill behind Loro Piana. I would front-load the full name in your title.

[@eduardohuerta5460]

Great video Michael. Your sells were pretty good!

[@kandmresell]

Thanks for watching!

[@JeremyFalk1]

Do you de-list and sell similar to relist the item and get more traffic or just let the items ride??

[@kandmresell]

We decrease prices the longer items sit.

[@resellerlife7424]

Love your videos. Great brand knowledge!

[@na-su2fk]

How do you price the Lucchese boots? It doesn't seem easy to find exact comps, so I've had a few pairs just sitting around. Tried one at auction before as an experiment and it sold but not for more than the (so-so) starting price.

[@kandmresell]

Theres a model # on the inside I typically look up for exact comps, but I’ve also sold probably 50 of them over the years and sort of know a ballpark number of what they will fetch based on the style now.

[@Bigmosbigmos]

Kooples is a French high end designer. Most their pieces move slow. They are known the Europe but not much in the U.S. market

[@Fastxfords99]

So, how many listings do you have total? I only ask because i tried clothing with 2600 listings, and it was a dead ship that crowded up my warehouse. The rate of sales was terrible... 3-4 per day was a big deal..

[@kandmresell]

3k active right now

[@MikeMcDonald-cq2ry]

New to Ebay and was curious as to what Promtion do you do on ebay? You mentioned that around 2 minutes into your video thanks for the videos

[@kandmresell]

Promoted listings at 10%

[@210flips]

Does the ‘Selling Costs’ column on eBay under Performance, factor in promoted listing fees as well?

[@kandmresell]

Yes it does. It factors everything in except for sales tax.

[@maxinebellows741]

Congrats on your great week! Can I ask you where you bought your silver shoe inserts from?

[@kandmresell]

Search - “Angelus Shoe Trees (6-13) US, Black” on Amazon. That’s the ones I use.

[@saliz8088]

Congratulations on a great sale week! Would you say thrifting at Thrift Giant during the week is better than weekends?

[@kandmresell]

Thanks. It’s about the same honestly. Just luck of the draw.

[@StellarSellerSAM]

Great sales🎉

[@n.s.8015]

I appreciate you sharing your knowledge and experience with people. As a long time reseller, however, the "quick flip" is killing the market. Brands that retail for hundreds of dollars are being sold for the same price as a pair of American Eagle jeans. Anyone can make $20 selling something. I could do that all day. If you live in a part of the country where things are dirt cheap at the thrift store, I guess you can afford to make that $20 and keep turning and burning. But in a few years the market will bottom out. I see it in buyer attitude now. They get pissy if you don't take their low offer because clearly enough resellers are willing to take anything and keep moving. That Territory Ahead coat is something you hold and wait for the right price. That coat retailed for $400-$700. I saw a similar Eddie Bauer coat sold for $52 - and retailed for around $350-$400 in its day. At my thirft store they know the value of these items. That same Eddie Bauer coat that someone sold for $52 costs $35. Pretty soon, no one will be able to sell even the substantial Eddie Bauer jackets unless they're able to find it for pennies. Or just maybe that's when the market will stop bleeding because so few will be available once we get through the turn and burn. These are VINTAGE items. Vintage is supposed to cost more, they're made far better than anything on the market today, not be on clearance. When the product is sold cheap, buyers come to expect it to always be cheap. It's basic economics and business, driving down the price drives down revenue overall and kills your industry. I think that's one of the challenges with people just jumping into this. That The Kooples shirt - anything bright and unique will sell. Yes, the brand can be a slow mover, but that's where uniqueness comes in, as you have talked about with Rhoback - same principle here. Not to mention, we're not even in warm weather yet. Of course that is going to sell, and you would certainly get a decent dollar for it without having to take a low offer. I'm just becoming extremely concerned that the market is being killed by people who will settle for the quick flip - playing lowest common denominator is how you kill an industry. It'll just get tougher and tougher. With thrift stores INCREASING their prices - used prices overall should be increasing as well. Because that's what happens when costs go up. When the cost of milk goes up - all of the food companies that rely on milk as an ingredient, increase their prices. Basic economics. It's also about working smarter not harder. So many of the turn and burn people are racing to list so much every week. If you command good prices for items you don't need to sell as much. Smarter - not harder.

[@kandmresell]

Yup, it’s called supply and demand. Basic economics like you said. Supply increases prices go down. Demand increases prices go up. It does not kill business, it creates business.

[@n.s.8015]

There's still a bottom that is agreed upon in business. Do you see department stores fluctuating their prices to such a degree? No. In fact, every chance corporate America gets they raise their prices and never go below that new baseline. We certainly aren't talking about that level of greed here, we're talking about sustaining an industry and a reasonable work life balance. Resellers as a whole determine where that bottom is. Otherwise, it's known as undercutting. Undercutting has always been frowned upon in business. So that looking to see where the comps are and pricing lower - is undercutting. It drives business into the toilet. Add to it that newer resellers who don't know the difference are pricing their inventory based on that crazy low baseline between the undercutting and then the accepting of lowball offers. Thinking that's where they have to price things. It just drives everything lower and lower. I've been around a while to see and know it. I also bought my wardrobe off of eBay from 2002 until 2016. It is quite a difference. People knew the value of their items back then and so did I, and I paid fair prices for things. There wasn't even a "best offer" option. Talk to any reseller that's been at this a long time. @@kandmresell

[@kandmresell]

I’m not denying what so ever prices have been driven into the ground and the business is more competitive than it’s ever been. I completely agree with you. I’m just saying it’s supply and demand is all and that is not going to go away. More resellers enter the field increasing the amount of inventory in the 3rd party marketplace thus decreasing the price of those goods due to the supply being more than the demand. Only the strong will survive with good business models, knowledge, and supply lines to cheap inventory.

[@n.s.8015]

Some of that may be so but not every brand is flooded yet you can buy Eileen Fisher for the same price as American Eagle. That's ridiculous and completely unnecessary. And while there may be more resellers the number of people buying used online has exploded. I've seen numbers on this that show that there aren't enough resellers and supply to keep up with demand. TechnSports was just talking about this the other day. When I first tried reselling in 2005 I couldn't sell brand new Dolce & Gabanna because there weren't enough of those buyers on the platform or they didn't trust buying that online. Times have soo changed. So I don't think this at all about the number of resellers. I can show you so many items that I priced the way that I know to price, compared to someone who priced with comps and low offers. I consistently make more per item. $20 more on a Kuhl pair of pants, etc. But as one person and where I live, there's no way I can do this full time because the costs on the coast are too high to compete with the people who live in cheaper parts of the country, who are newer and don't know where the price point ought to be, and who "just want a quick flip". I'm in New York, we have some of the best merch. But you aren't getting a dress here for less than $12 and people are selling that same great dress that retailed for $300, for $48. You do a better job of knowing the value of items, and I know you don't lowball everything. I can't say the same about a lot of others or when I run comps. But also, this is a business, it's ecommerce, an online store. It's not a "flip". That's part of the problem too.@@kandmresell

[@mayakoyama9130]

Idk if you've been to a mall within the past year but I think the biggest killer of the preowned market is actually the retail stores themselves. It may depend on the area but whenever I go to malls near me, with the exception of one in an more affluent area, every single store has sale and clearance signs in the window. As a shopper I can go and find NWT items for the same prices we were trying to sell preowned a couple years ago. And I've noticed a ton of higher end inventory flooding stores like Nordstrom Rack, TJ Maxx, Burlington, Marshalls, etc. Then resellers put these NWT items online in large quantities. Then Q4 last year was basically like an entire quarter long black friday sale. Retailers constantly blowing out NWT inventory at such prices is going to affect the market. At the stores near me I can buy NWT items in bulk for cheaper than used items at goodwills here. You said you're in NY so maybe you don't see this in your area so much. But particularly Nordstrom Rack I notice is having greater quantities of designer items at low prices, then when I look up the items on Poshmark for comps, they are way lower than years ago. So yeah I'd place more of the blame for price tanking on retailers than on resellers. I never hear anyone talking about how retailers are affecting us but as their pricing drops closer to ours they're our biggest competitors. Plus many of them have free shipping/free returns online. We can't really compete with that selling used items on platforms with no returns for fit.

[@kidwhodid]

Anyone else get frustrated watching these clean and polished resellers? To me it’s a WAR messy room after shipping. Burnt out. Tons of shipments and still not enough money. People complaining. Low balling. Then we have happy smiling resellers farting roses.

[@kandmresell]

😂😂😂

[@Amandahugginkizz]

It's from and for KZbin

[@steph6197]

Nice flips. Do you pick up Magnanni men's shoes?

[@kandmresell]

It just depends on how the comps look! Typically yes though.

[@wolfmansgoodies]

Awesome video

[@kandmresell]

Thanks!

[@GaryCat899]

link to your store?

[@Jendoyle]

Do you ship shoes in a box or poly bag?

[@kandmresell]

I was doing poly bags for everything but leather shoes but just switched the other day to boxes. No reason really as I didn’t have any damage issues with bags, but just decided to have a better presentation. Both worked fine for me.

[@Jendoyle]

@@kandmresell thanks!

[@ThitinanStewart]

Hi! I have some question. I live in Texas too. Do you guys have a business license?

[@kandmresell]

Awesome! I don’t know what you mean exactly by a business “license”. We have an LLC (which is being converted to an S Corp) and we also have a sales tax exempt license/form if that’s what you mean. If not let me know exactly what you’re referencing.

[@ThitinanStewart]

@@kandmresell yes, that what I mean. Thank you 🙏. I’m a newbie.

[@JBAKER97]

New subscriber here. Enjoyed the video. What are things in your shoes called? Thanks!

[@kandmresell]

Shoe trees. They are on Amazon for $10 ish

[@JBAKER97]

@@kandmresell thank you!

[@ladettea1qaanderson908]

Thanks🌷

[@pattimarcq37]

Love you channel. What do u promote your items at?

[@kandmresell]

Thanks! 10% across the board! I don’t necessarily recommend it but I do recommend experimenting with promoted listings!

[@pattimarcq37]

Thanks so much

[@hobowithagun24]

I’m amazed at how strong the economy has been. Great vid!

[@kandmresell]

Thanks!

[@HollywoodingNews]

😂😂😂 are you for real???

[@hobowithagun24]

@@HollywoodingNews Yeah crude has been stable, unemployment has been stable, the indicies are at all time highs, my sales have been been absolutely rocking while returns have been low signaling a confident consumer. The only issue is the lingering inflation which has tapered off but the elevated prices/slight increase we’ve been seeing recently isn’t good. So overall yes the economy has been strong.

[@ladivafashion]

Girbaud - Pronounced "Jerr bow", the d is silent

[@JimiHL]

You need to take taxes and fuel costs out of that $3200. And you didn't say how many total hiurs the two of you put into this.

[@kandmresell]

Our gas is free with our credit card points and taxes we set aside 25%. And we don’t track how many hours we work a week. But it’s less than 40 each.

[@ychongy]

Have you noticed if 5% vs 10% promoted actually increased # of sales?

[@kandmresell]

It just depends on the items you sell. For us it made a difference but for others it might not.

[@cesarandjenrodrigues7804]

It may fill ebay pockets. Always promote what you can afford since eBay already takes 13% .. I usually apply the bare minimum at 3% as it adds up if you do more and have volume inventory.

[@doloresmiller6956]

❤❤❤

[@lovelatham9301]

❤

[@johnta17]

Bru-Nello Chu-Chin-elli

[@kandmresell]

Thanks

[@jackiegerarde9938]

Your shipping really cheap for boots

[@kandmresell]

Ground advantage is super cheap!