Is Reselling Business Recession Proof

[@dadbod4life]

I think some resellers can outlast a recession. You being one of them. Only the great ones last a lifetime, and you have what it takes!

[@ZachAttackIsBack]

Pete, I think you're nuts on the posters. If they were all one of a kind posters (or quantity of 10 or less each), you could have a gold mine. But I think you are going to have trouble finding 1,000 buyers who all want the same event poster for some random performance for some random semi-famous band. You might as well price them high and be prepared to throw away the extras, because I think your audience for each particular poster might be smaller than you think.

[@FrankOceannOFWG]

My exact thoughts. Ain’t NO way. I love Pete. And I mean everything in good spirits. NO WAY in hell. I thought he had 11,000 differnet posters, he’ll even maybe a couple hundred different ones. But 95% of those will be going to good will in a year or so.

[@p_man_stackowitz161]

he can wallpaper his bathroom for life

[@globe2555]

@@FrankOceannOFWG It doesn't matter if he might need to store many of them, as long as he gave the right price for them.

[@Yinzzy656]

11,000 not 1,000

[@kirsteentempleton2727]

I agree with Pete Sorry but he has the posters Now!! So just takes time!!! He has plenty time lol Have a good day 😆

[@rustyjames_shortfilms]

another great video Peter, thank you so much. Seeing the economy slowing here in the UK too I'm afraid, I deal in collectibles a little too and it's slow going right now

[@jwwj30]

I absolutely love that your customer said “San Diego Chargers” when you asked him where Mack was traded. I’m watching in San Diego & have been a Chargers fan for 51 years. Still bummed when Spanos moved the team to LA in 2017, but a couple of times each year an announcer will make the same mistake on national TV. Go Bolts!

[@FLOWERSANDSLOTS]

Pete, spot on! Need vs Want. People are scared and rightfully so. We all need to be smart and hopefully we can all get through it!

[@bobman-lo8hc]

Sales have been great for me. Plenty of buyers still out there. It's all about being selective on what you buy and sell. Taking offers also works out well. Don't give them. Old toys and small collectibles always sell..

[@hentlerob7565]

Thank you very for all videos Peter ….your Job not easy very day… I watch you 6 years now … I learn a lot each video …great stuff ,great people ,great moment ….long life …cheers honey !

[@b5maddog]

I don’t know why but after watching this, I got a craving to watch some Chris Farley movies.

[@andyhughes5885]

We get boom and bust times all the time Pete, and this recession is just another one to add to the list. We always come out of them stronger and they don`t last forever so, hang in there. As for the posters - i think you`ve been stung there, i`ve certainly never heard of any of them you have on display but, they could be popular in your neck of the woods.

[@CRAZYCANUCKTV]

There are some popular musicians there, not sure about the resell value but I do know alot of ppl who collect concert event posters like you have there

[@Luke-jx3mj]

He lost his mind on that one. 6k for that particular lot of posters is madness.

[@deana268]

That man's little girl with red lipstick, big glasses chomping on her gum cracked me up. Cute !

[@YayakotAK]

☝🏻This! 😂

[@santomalara4260]

You go Pete....I been fellow you since you started...

[@woodlandwonders6887]

Wants and Needs. I'm amazed at how much the average person accumulates that isn't necessary. But that's human nature I guess.

[@edmundwest5636]

I have a dumpster outside my house - so much stuff just built up that isn't necessary just like you said. (and the house looks better)

[@timothylewis90]

Pete, First off, I love the videos and have learned quite a bit. Your integrity and business ethics are obvious. Question, when showing people the sold history of an item, why do you never use Worthpoint as that is a true reflection of an items history. Ebay only shows 90 days and Worthpoint shows years worth of history. You may do it and due to editing, I never see that part. I was just wondering. Thank you from NC

[@I_am_me8560]

It costs money to subscribe to worthpoint! Ebay solds are the most current price points. Unless you are constantly selling rare vintage or antique items that are hard to price bc they do not go up for sale very often, it is not worth it to pay for a worth point subscription IMHO!

[@timothylewis90]

@@I_am_me8560 My assumption is Pete being a professional would want to maximize the available resources available. Like I said Ebay gives you a 90 day "snapshot" of sold history and I'm sure that Pete can afford the membership fee of Worthpoit. It wasn't a judgment but just a guestion FOR PETE.

[@chadhuckabee6279]

​@@timothylewis90 I only use my worthpoint sub to look for items where the number of listed/sold items is less than 2-3. If the item has a half a dozen listings or sold comps in the last 90 days then its not that rare in my opinion so I would rather have current market data. I don't care if it was selling for $200 5 years ago if it's only averaging $100 in the current market. Now if the item in question only has a couple comps and seems to not come up for sell that often I might check out the long term market swings using worthpoint. In those cases I might buy it and wait till the current ones sell out and then try to get a premium although this is a very risky move so the purchase price must make sense. **Also I should note to be very careful looking at past market prices. Some things might have had a "event" boost and most likely not be repeated. For example if a famous person dies then their memorabilia might start selling at crazy prices but once it goes back down it will most likely not have such hikes again**

[@Bangulo]

@@timothylewis90 if the item hasn't moved on ebay for 90 days then he isn't gonna go to worthpoint to show the customer it will sell for that much it will shoot him in the foot. if its a slow moving item he can say none have sold and get it for cheap or pass. hes gonna want to move inventory not store it if it doesn't move in 90s days it will take ages to even get his money back.

[@mitchmontona]

For the most part, knowing that something sold for a certain price 5 years ago does no good for present day. Ive researched many thousands of items and I can count on one hand how many times I needed something more than 90 day solds or terrapeak. Worthpoint is a convenience tool, not something you need to be a full time reseller.

[@notsureifitsvintage]

Pete, your videos have always been rad and the editing is top notch! I appreciate you and your crew sharing the journey, Thanks

[@adey88splace]

I love the out takes with Honey! Thanks.

[@billymac7994]

The beginning of the recession began months ago 🤷‍♂️

[@davidgriffin14]

We haven't seen anything yet. It's about to get a whole lot worse because of the Russian war.

[@kentek4u]

some would say a couple of years ago

[@davidellis5141]

This is the tail end of the beginning .. 😆

[@norms3913]

Lets go Brandon

[@FloggingMicah]

Great vid Peter, I’m definitely going to check your eBay shop and try to score one of these posters from you! I used to listen to buck-o-nine, they’re a ska band!! I’d love to have that print!

[@dfreshness2006]

6:00 This guy reminds me of Chris Farley on SNL doing his impression of a Bear's fan. Hilarious! Tongue sticking out and everything.

[@TheUdontknowmehomie]

haha, beat me to it. That's totally him living in a van down by the river.

[@ChrissTreasureChest]

Love the poster pick up...if you sell them for an average of $10 each that's $110,000 in sales, I would say that is a nice flip.....very nice Pete!

[@cd5433]

Is there 1000 people out there who want an Erica baidu poster ?

[@AndiSison]

Definitely, she’s a really iconic singer and relevant even today. Anyone that’d want to spend 10-15 bucks on a poster of her would probably prefer an authentic one over some reprint. I think the Ween posters are gonna be a huge come up for him. Big cult following, the sort of fans that pay good money for posters (and collect them)

[@davidellis5141]

13:36 - 😎 ! Vicky " Should have eaten your Wheaties 😆 "

[@dcb1138]

My father (a child of the great depression) told me early in life, the ONLY depression proof profession is Medicine.

[@randywilliams3246]

I will have disagree, there’s always garbage in the garbage business

[@eponine_scheherezade318]

Also booze.

[@AndiSison]

Food and porn

[@joelashadali]

Tower Theater is in my town. The posters framed also are great decor for bars. Great buy if you can be patient and grind them out.

[@aslobos]

Seeing Honey 🍯 😻and the lovely Vicky in your videos always makes me happy. 😁☺

[@KameraShy]

That Bears Super Fan could be on an SNL skit.

[@rustybell2722]

Honey may be slowing down if she is developing some of the pitfalls of getting older, like arthritis. Especially cats won't show they are in pain or sick until it gets REALLY bad. I love that girl so much.

[@randomvideoguy3340]

she's hardly an old cat

[@defaultuser1447]

She's like two years old.

[@hippydippy]

@@randomvideoguy3340 No kidding! She was a little kitten when a got her a few years ago. She's just chillin'.

[@sandrabentley8111]

@@defaultuser1447 more like 5 years old I think.

[@defaultuser1447]

@@sandrabentley8111 Why do you think that? I suggest viewing the video where they adopted her.

[@mikeredd525]

Pete love the videos, Im not a reseller just enjoy the videos, hope to make it to your shop someday soon here from the Dayton Oh area. Take care.

[@autismawareness8912]

Pete is such a nice guy, he's shipped me a few items and they are always perfect in every way. That being said, he is always talking past the sale. Once a person says deal, stop talking. LOL. Love the vids, Pete is the master of re-Selling but I still love to bust chops!

[@solvox5217]

Gotta keep up the rappart for future business in a brick and mortar.

[@cw4558]

I’m so glad you decided not to sell that bed for the cat.. you can tell she absolutely loves it

[@dreamcrazy37]

Loved the last shot of honey ! Contemplating life

[@Sans_Solo_]

Good advice Peter on collectables right now :)

[@nimblenate]

this is no normal recession coming our way.. the USD (along with all others world wide) will end , as we know it at least,. If they back it with something it may stick around

[@marigoldcarter2879]

😱 11,000?! Ok we are in the presence of greatness. 🤩

[@TheUdontknowmehomie]

That guy is absolutely Todd O'Connor from SNL's Bill Swerski's Superfans. hahaha wow.

[@sonnypate6808]

Recession is coming? If a dude robbed me right now he'd just be practicing. Coming, that's a good one.

[@FrankOceannOFWG]

Holy shit I ain’t laughed that hard in a while

[@sonnypate6808]

@@FrankOceannOFWG Thanks brother but I was being serious. The recession is here and has been for awhile.👍👊

[@illiniwood]

@@sonnypate6808 The recession isn't fully here yet. We're getting a gentle preview right now, but you ain't seen nothin yet. When you start seeing the suicide rate skyrocket, then you'll know it's here.

[@2vcrew782]

Yeah it’s here

[@dreamcrazy37]

It’s here now in nz but will get worse.

[@maxhatty]

The posters are going to be a slow nickel as opposed to a fast dollar but you will come out ahead in the end. I have a lot of items I know I will sit on for a while but they don't take up much space. If you have the room, take advantage of it. I bought 59 vintage (more like antique) wooden clothes hangers for $1 each at an estate sale. Most of them have between 2 and 4 digit phone numbers. They are branded with the biz logo, address, and phone number. I feel they were a great buy because they are multi category items. Not just wooden vintage hangers. They have hotel names and or destinations. Many collectors. I wish I kept track of the sales. I'm well in the profit and sell about 2 weekly. Knew it could be a slow mover. Not disappointed.

[@Pauldjreadman]

I love the hustle. The sports guy segment made me laugh. Cool

[@stevenhaffley9852]

If you sell what I'm selling it is, everyone's numbers are plummeting, ours keep rising to the point we can barely handle shipping 50 - 100 items daily on ebay. B-T-W I have a storage unit full of things in Northern Chicago when I go there i'm going to stop by and bring honey lots of those delicable cat treats, I think the parrot likes peanuts right?

[@HirshDJ]

Love GiG-posters!!! Forme It’s MOSTLY about the graphic content, bonus if its your band!

[@normalizedaudio2481]

Bad times bring out the good stuff.

[@cabinvibeetsystore9094]

Great topic - especially current times - thanks for the video

[@chaicharin]

How much for the Bunny Rate poster.....LOL 5:10 Bears superfan from SNL made a visit to the shop. The poster purchase is awesome. 60 cents a pop you can't lose and it costs more to make them for 60 cents.

[@garybarker6007]

all the way from uk great stuff

[@David-wn7yv]

Love your videos Pete!

[@derekstine937]

@2:16 the AJ VS Shane wrestlemania looks awesome

[@jasonpalazzo2099]

Push up .....your show is greatness

[@jmic789]

I don't mean to brag, but I just got back from an expensive trip, I just got back from the gas station ⛽, see you tomorrow Pete, I need money, Yes, you will survive and flourish.

[@onelife2live972]

Great channel, love your insight and very fair!!

[@justinr4201]

More great content. Thank you sir!

[@FromTrishA]

The little girl is adorable with those sunglasses!! 😎

[@2vcrew782]

My god I thought it was Chris Farley for a moment there. I’m from Philly but that’s exactly what I expect a Bears fan to look like 👍

[@KkevinFfifer1]

Love ya Pete! Thanks for the info at the end.

[@bassmaster3145]

I would love more of the last few minutes, sit down and talk type of videos.

[@jamessharp2286]

Brakes my heart to see the guys daughter with lipstick on probably acting like mommy I know kids dress up but pulls the heart strings been a father of 2 Loving the videos Pete I'm just working my way Through them all All the best from uk

[@davidellis5141]

Congratulations Craigslist Hunter Channel ! The Crypto Trolls Hit You Up ! 😆

[@moeduh]

Pete over there holding up a Ween poster having no idea they're one of the greatest bands of all time, and my personal favorite right behind only the Beatles... if he only knew what a huge cult following they have, and what incredible musicians Gener and Deaner are, he would have had more kind words about them! Pete if you read this go put on the album by them entitled White Pepper, and thank me later!!

[@chubbrock659]

Ween sucks. I tried listening and they were badddd.

[@hawkeyebricks9905]

@@chubbrock659 in not a ween fan either...but they do have a cult following.

[@moeduh]

@@chubbrock659 it's ok, not everyone has good taste. there's a reason they've been selling out live venues for 30 years... they play any and every genre under the sun and i can guarantee whatever you listen to, ween has a song(s) in that style and almost guaranteed did it better than them. .... it's excellent rock music for real music fans - basically, if you listen to a few songs or albums by them and can't enjoy anything, your taste is garbage and you don't know shit about music. but hey people like you are the reason so many bad artists and bands make money - there has to be plenty of suckers out there to eat up the trash! don't take it personally

[@Mark_Media]

I'm sure the floors would look like they need painted if I was there in real life.

[@robintaylor485]

Pete what you bought was basically worth maybe three or four dollars a poster at best but you’re gonna have to either give free shipping or charge shipping and then it’s gonna be a tough sale trust me these people sold you a bunch of reprints these are not original they’re just re-printed from originals you didn’t get any extra special purchase. Yeah that one sold for 15 bucks that’s probably gonna be your best sale. That’s not bad off $.75

[@ZachAttackIsBack]

Why do you think these are reprints? The events don't appear historic or from major performers, so why would someone reprint them? I'm guessing these are just surplus posters from the time of these performances. Basically, these are just posters the venue literally couldn't give away at the time of the actual show.

[@robintaylor485]

@@ZachAttackIsBack If those weren’t re-print they wouldn’t be selling them for $.75 apiece and you can just tell by the way they’re printed

[@hawkeyebricks9905]

@@robintaylor485 you literally are just talking with no evidence whatsoever. I tend to agree with Zach... These are not worth the effort/cost to reprint. Nothing special about the artists/events that would warrant that. They are probably just surplus.

[@robintaylor485]

@@hawkeyebricks9905 How much money do you wanna bet those are reprints

[@robintaylor485]

@@hawkeyebricks9905 waiting for your response how much would you like to bet those are reprints how much money do you want to bet

[@Reps209]

That’s the shitty part bout certain good players signed memorabilia, if they sign a lot of stuff. Their signature is worth less😢

[@maxhatty]

The man that took up most of your video looks like an original character from the Saturday night live Da Bears skits.

[@michiganebayflipper9497]

It depends people still need goods, sometimes looking for bundles and deals pre-owned can save a lot so I say yes.

[@davep5647]

Chris Farley makes a cameo!!!

[@origintrackz5235]

The Roots Philly Legends!!!

[@EBIRCSBUS33]

it shows collectibles bring very little bad investment maybe value in enjoyment

[@nozb615]

I’m pretty sure Khalil Mack didn’t go to the “San Diego Chargers” 😂

[@donevans1884]

brilliant video Pete i lover watching your video's thank you.

[@Baldskul]

Like they say "you make money buying, not selling"

[@carmine_]

I love how he says oh we are friends meaning u should give him a better deal but what is it just a 1 way street??? How about Pete making just as much as he can also or do does that guy only care about himself

[@c4439]

People pay 75-750 for certain gig posters. Check that Ween!

[@jackiechapman8189]

Nice buys Pete.. You really can't get hurt by buying HOF Player autograph gear or memorabilia because the market is still pretty strong but I can see not buying the vintage fans, beer sign's & tap's etc.. Cheers.. Stay safe all..👍💕🔥⚾🤗🤙🤘

[@MrVolsman69]

Mitch Trubisky def isn’t going to be a HOFer lol

[@jackiechapman8189]

@@MrVolsman69 No I'm making reference to Dick Butkus inducted into HOF 1979..👍🤗🤘

[@MrVolsman69]

@@jackiechapman8189 I know what you meant. Just was messing with MT. I have a hard time believing any Bears fan will want a MT signed helmet, and especially for over $100

[@jackiechapman8189]

@@MrVolsman69 I know $100 bucks lol..😝 That's funny af..🤣 Cheers..🤙

[@BlimeyBlues94]

Did anyone notice the little girl said “that’s not my dads “ when he brought the watch in

[@manuhernz2745]

Did your listing views go to zero ? Mine appear to have reset to zero and the color of view font changed also. Sorry for the random question

[@robertclubs9908]

Thanks for the update.

[@dizzzzz6093]

"how much for that Xbox 320!?!"😂😂😂😂

[@shoominati23]

The best pawnbroker in Jerusalem man

[@wingerfan1]

Pete Any interest in buying a brand new old stock pay phone? Touchtone. Never been used at all.

[@Sean-jb5gi]

In the resale game, you make your money on the Buy NOT the sale. In good times or otherwise

[@gregalss]

Amazing you change your Tshirt

[@toadza]

first :) wonderful videos!!

[@CW0123]

Nice you actually are 😎 Christy is second and Zach is third

[@jeffomalley6015]

The guy with the football stuff reminds me of Dan from Roseanne lol.

[@TheFreakingpanda]

I have a question. Why wouldn’t these people sell these things themselves online instead of coming to you?

[@MichaelsExplorations]

Love these videos ❤️

[@theresaohman7187]

Wow the posters! Got any Guns n Rose's?

[@KameraShy]

People can't afford food now. And gas? Forget it. Worst inflation in 40 years. Cutbacks have to come somewhere.

[@MatrixServicesLLC]

80,000 for a Mack auto helmet?? Nuts unless he said $800

[@tonyweaver483]

Right on Pete!

[@marilynmack6233]

Pete, is Honey doing ok? She seems a bit off to me. Maybe a trip to the vet? Vitamins? Love your videos..and the warning on the economy. I think we are already in a recession and headed into a depression. The real estate market has cooled off drastically with interest rates above 5 percent. See you on the next one.🐾🐾

[@SageTheRage]

Marilyn Mack As for Honey, I don't think there's any real worries as she has her own personal in-house Vet as it were since one of Pete's daughters (local) is a Veterinarian. Honey may seem "off" as you put it bc she's a lot less active. I attribute her more sedentary ways mostly bc of the larger, louder bell around her neck possibly making hunting prey less enjoyable. Another thing to consider is that although Honey is by no means, old, she's no longer a kitten and therefore prone to be less active. Your concerns got me to thinking how other customers have remarked about Honey's weight gain much like the gentleman did in this video. I recall Pete addressing Honey's weight issue a few months ago at which time he said they had not only changed her diet but were giving her less treats. Perhaps that, too, has caused a change in Honey? 🐾🐾

[@marilynmack6233]

Maybe I am projecting. Just lost cat of 16 years. She was sleeping more and not as active but still eating well. She was drinking more water and then she just went downhill quickly..a couple of days. I got her in for an appointment and the vet said she was dying I knew she was suffering by then so I had her put down while I held her. Hardest thing I have done in my life. Wished I had picked up on those subtle changes sooner. 💔🐾🌺

[@SageTheRage]

@@marilynmack6233 💔🌈 🌉 🐾

[@ZoobleZi]

@@marilynmack6233 Be a better owner and stop being weird over other people's pets 🤡

[@srtc317]

Aquinus is the Wachgangs version of Invicta

[@norms3913]

I love John Hiatt music

[@mannyaguilar67]

Holy moly, 11,000 posters 😳 of you paid $5,500 for all you will make like a bandit. Good deal. Over $10K now the time it will take to sell will hurt you. That’s just my point of view.

[@theresaohman7187]

Great video as always 👍

[@qcrew2938]

I hate that guy selling Chicago stuff

[@user-hm5zb1qn6g]

Nothing is recession-proof except maybe the funeral business. ...but as people get more desperate to raise cash they'll be lining up outside pawn shops and taking pennies on the dollar just to buy groceries. If a shop has cash on hand the proprietor can afford to be picky and drive hard bargains.

[@stevec7712]

Hello - I think there REPROS ?

[@salparadise8581]

Was that an old seagull outboard engine in the last video frame Pete? If so any spec on it

[@aarongreenakacavemonster904]

You still never got back to me I got 3 Beatles lps

[@chrisstoecker7189]

My brain's mush 😂

[@timdurpos3298]

I think you will do fine in a recession it's a lot of work posting items and shipping things I'd buy something from you if you were near my home I may even call on a item if I see one I want

[@GreatBeyond74]

Xbox 360 for $400? huh? Xbox one, maybe.

[@edjovi3677]

i love your cat !

[@campervan7354]

*Do you think the government giving away free money for 2 years comes with no consequences?*