My Income Selling Full Time On eBay

As an eBay Partner, I may be compensated if you make a purchase.
eBay Store! ebay.us/pDQ3Ug
Jiaropack - The Best Colored Poly & Bubble Mailers On The Planet!
Save 10% Off Your First Purchase With Code: taylor10
jiaropack.com/...
I earn from qualifying purchases with this link.
As an Amazon Associate I earn from qualifying purchases.
Boxes 30x8x8: amzn.to/43Ul9RG
100 Clear Poly Bags: amzn.to/3JEDf0j
200 Clear Poly Bags: amzn.to/42z7IFV
500 Clear Poly Bags: amzn.to/3yZweCq
1000 Clear Poly Bags: amzn.to/40d6pL5
2000 Clear Poly Bags: amzn.to/40dacYL
1375 4"x1" Thermal Labels Roll: amzn.to/40x91mJ
2750 4"x1" Thermal Labels Roll: amzn.to/3K41mHc
5500 4"x1" Thermal Labels Roll: amzn.to/42BcKBD
13075 4"x1" Thermal Labels Roll: amzn.to/3Zh3OhQ
27500 4"x1" Thermal Labels Roll: amzn.to/3lDyg8b
22000 Fanfold Thermal Labels: www.uline.com/...
500 Fanfold Shipping Labels: amzn.to/42plKty
4000 Fanfold Shipping Labels: amzn.to/3ZZWCYV
8000 Fanfold Shipping Labels: amzn.to/3n7ZcgB
10000 Fanfold Shipping Labels: amzn.to/3n8lTBm
120000 Fanfold Shipping Labels: amzn.to/3JQ4Htk
Shelves: amzn.to/3FNJNIR
Wagon: amzn.to/3PBSiMb
Dolly: amzn.to/3PAwvV8
Printer Rollo amzn.to/3naIP2W
Label Holder Fan Fold Or Roll: amzn.to/43ySCAw
Tape Dispenser Holder: amzn.to/3TFKAS6
Shipping Scale: amzn.to/3JANm6s
Photo Light Bulbs: amzn.to/3K66t9X
Clamp Lamp: amzn.to/3TX0zLP
Flat Base Lamp: amzn.to/40wC0r4
ThinkPad Laptop: amzn.to/3z6ptii
Dock for Laptop: amzn.to/3z3kI90
Mouse: amzn.to/40kiQF1
10 Key: amzn.to/40vVdJk
Mic: amzn.to/3ZbBOw9

[@TaylorExchange]

6:14:30 - Start of Income Breakdown

[@stevefarley510]

Thanks for the honesty so many resellers say there's six figure resellers and don't explain the cost.

[@TaylorExchange]

Very true, I think there are very few reselling netting 6 figures.

[@cottagekeeper]

“pay all your bills and be happy at the end of the day” This will be my theme for the year. 😊

[@TaylorExchange]

Right it down! I have four quotes I refer to in my office.

[@threadhead3657]

Keep up the great work! It really doesn’t help much when resellers only break down some of their numbers. Love the full transparency! Awesome video!

[@TaylorExchange]

Thanks, a commenter mentioned shipping supplies I left out but I have a deal with Jiaropack so I in left out the clear bags I buy.

[@TheContentConnects]

I love this, I’m a small reseller myself from Oklahoma with a small store I’m growing. I needed inspiration you sparked my mind

[@TaylorExchange]

Excellent!

[@parrotinc]

Sean, I hit 200K this year too. I enjoy your channel. I've listened to alot of KZbinrs and learned a lot (Chris, Rockstar, Tornado...), but I appreciate your content because: - I'm just looking for someone to hang out with and chat (one way) while im doing my thing - Not a lot of people understand resellers, so your conversations actually hit the spot - You don't complain a lot (KZbinr complainers lose my attention quick, that's 99% of them) - You appreciate your business for what it is You're eBay coffee talk is on point. thank you! I'm hoping that small pivots set you on exponential growth in 2024.

[@TaylorExchange]

Nice work on your sales. I really appreciate comments like these. Makes me feel good that people are vibing with what I’m thinking and saying. I’ll keep up the content best I can. Good luck with your business this year!

[@BronzeGoddess]

Great info thank you! 🙏

[@TaylorExchange]

@@BronzeGoddess 😉

[@JT_Angry_Baby]

Very nice breakdown video - one of the best reseller profit breakdown videos Ive seen. Well done!

[@TaylorExchange]

Thanks, I appreciate it.

[@pleasebringmeback]

And the winner is: Ebay and the Tax collector.

[@TaylorExchange]

Everyone gets their cut.

[@cynthomsen9133]

electric vehicles are stupid. Check the cost of batteries and the length of their useful life. Biggest scam ever.

[@3acresandacow]

Hey Sean, great work this past year! I don't do any social media -- no YT, no affiliates and I only have one coaching client that's been with me a long time so my energy is focused on just reselling. I resold my first items in 2004 & have been a full-time thrifted clothing reseller since Feb 2012. In 2023, I sold $316k and my profit was $120k. My plan for 2024 is to start crossposting to Poshmark and I hope to grow my business 25% YOY -- cheers!

[@TaylorExchange]

That’s great! I’d avoid PoshMark and hold steady. Maybe create another business to supplement.

[@jondurand12]

@@TaylorExchange why do you avoid poshmark

[@lsgsrob2102]

No sense in crossposting in my Opinion. Your doing 2x the work for essentially the same results. Unless crossposting nets you a 3x, 4x, 5x result, I think it’s a waste of time but that’s just me

[@TaylorExchange]

@@jondurand12 I don’t think the time is worth what the can platform offer.

[@TaylorExchange]

@@lsgsrob2102 Well said.

[@TheTravelPotato]

Good to see you're a Bears fan! Bear down!

[@TaylorExchange]

🫡

[@Jendoyle]

Thanks so much for breaking down the numbers! I went full time last month and am tracking all of my numbers to make sure I continue to move in the right direction. 😂

[@TaylorExchange]

@@Jendoyle Very cool, your welcome 👍

[@chaicharin]

Nice to see DA Bears in the background. Nice job with your systems. What do you think you need to do to double your profit for 2024?

[@TaylorExchange]

Don’t plan on making my reselling business any bigger. I tried to make it as big as possible for the last two years and this is pretty much it. I’m currently building another business that could match this one in a couple years and growing my social media incomes. I’m also creating an advertising business more of a pet project making reels for different businesses in my town. Reselling is great but their are easier ways to make money if you develop the right skills.

[@jeffbuckler5625]

It'll be nice to see the Bears get a chance at contending again if they draft Caleb Williams.

[@TaylorExchange]

Ya, I’d say more but I’m in post season depression for the next couple days.

[@francoiso.5341]

Congrats bro! Turning $44,837 investment to make 64k return in 1 year 143% return. This is why the Reselling Biz rocks! Average return in stock market in a year is 10% or less . Let’s go !!

[@TaylorExchange]

Thanks! It’s a bit more time invested than the stock market, but I do agree that reselling is a viable business!

[@jondurand12]

Great video

[@TaylorExchange]

I appreciate it.

[@RMidwestThrifters]

Very nice breakdown video - very informational and helpful, Thank You !!

[@TaylorExchange]

🫡

[@HighDesertPOV]

Great video! Thank you so much for sharing your knowledge with us! What Quickbooks do you use? Is there something that Ebay provides for accounting purposes?

[@TaylorExchange]

Umm it’s one of the cheaper ones I think $30 a month

[@jenniferhaney9790]

Can you explain what computer program you use to log your inventory and sales? Thank you so much… love your channel!!

[@TaylorExchange]

Quickbooks! And thanks. 👍

[@kevincorrell0314]

Do you think you sell more polos, t-shirts, or collared button down dress/casual shirts?

[@TaylorExchange]

There is an image in this video I think that shows the top category. Definitely casual button downs.

[@HopDubstep]

Sorry if this has been asked already, but what size are those boxes you keep the shirts in?

[@TaylorExchange]

No worries, they are 30x8x8 👍

[@SS-hi5kb]

hey congrats how many do you list per day?

[@TaylorExchange]

30-35 but sometimes less if I get pulled off for other things.

[@lindataylor8302]

Congratulations

[@TaylorExchange]

Thanks!

[@elliottl2916]

Looking at cost of goods is difficult to assess when you are on a cash accounting basis. Some of that spent cash goes into unsold inventory and some sales come from prior years purchases. I suspect your profit is even higher. Congrats.

[@TaylorExchange]

That’s a good point. Thanks I just follow my CPA’s advice.

[@donacassel5195]

Congratulations I am very happy for you. You and your smile says it all. Be happy in what you do. It has paid off with other ventures as well. Thank you for sharing your breakdown of costs. Let 2024 be the best year yet!

[@TaylorExchange]

Thank you!

[@PatriotGirl1776]

Wow Sean! 1st, Congrats on the Numbers! You should be very proud of yourself, I know I am proud of you!! 2nd, OUTSTANDING VIDEO! The way you broke it all down with your thorough explanations, was so Professional! Keep up the great work and I look forward to continuing to follow your Journey while I am building my eBay business! As Tech would say, BE GREAT!

[@TaylorExchange]

Thank you! I appreciate the comment.

[@readysteadyretro]

🎉🎉Congratulations 🎉🎉 Really nice to hear you have done well & thank you for sharing your info & knowledge 🫶 Happy new year to you & your family from across the pond 🇬🇧✌️& hope your lil boy is gonna have as much fun as you sourcing at the yard sales 🫶

[@TaylorExchange]

Thank you, I appreciate you following along. And yes! Seth and I will have many adventures this year!

[@robertcatalogna4700]

Taylor where do you get your custom SKU numbers from. Thanks love you’re channel

[@TaylorExchange]

I print them myself. I think I have the labels I buy linked in the description and a video on the process to print them.

[@robertcatalogna4700]

@@TaylorExchange thanks

[@joecamerer2865]

From my experience, if you plan to use that car for more than about 5 years, you should consider starting with the cost on a per mile basis rather than trying to use actual cost and depreciation. Actual cost plus depreciation will get you a little higher deduction in the first few years, but they once you get around year 5 or 6 you deduction drops way off and you can't switch from one method to the other, you are stuck with actual cost until you get a new car. Congratulations on hard work this year.

[@toadevergreen2561]

I second this. With all the miles you drive your car related expenses would probably come out to a 4-5k deduction this year.

[@TaylorExchange]

I agree, I take the mileage deduction. I put the gas cost in there just for those who were thinking about it.

[@TaylorExchange]

Yup, that's exactly right.

[@kirbywiggins7167]

Very detailed

[@TaylorExchange]

👍

[@antsupertramp]

Can’t wait for you to make 100k profit 😎

[@TaylorExchange]

I’ll eventually make it between all my incomes but never 100k on eBay alone.

[@ethanscherwitz9323]

How do you find estate sales in your area?

[@TaylorExchange]

Sometimes Facebook, but I’ve found it best to ask other shoppers/regulars and once I identify who the players are in town I make sure to get their contact info and get on their text list or find where and when they advertise.

[@JoeyDaBull]

dont u have laundry expenses?

[@TaylorExchange]

Didn’t think about it.

[@dessertrat53]

MAY OUR MOST HOLY FARTHER ADONAI EVERLASTING ALMIGHTY BY OUR SAVIOR JESUS THE CHRIST BLESS you always i dig your honesty keep it up AMEN SHALOM

[@TaylorExchange]

Thanks 👍

[@WhiskeyQuests]

Nice breakdown very honest transparency is key. Much luck in 2024. Cheers 🤙🥃 I’m from Chicago so Go Bears

[@TaylorExchange]

Thanks, I appreciate it.

[@Banned1993]

Hey Sean, I have a question. I've seen some big eBay sellers, for example one of them only sells Ralph lauren clothing all NWTs and has sold over 33k items. Where are they sourcing from? Any ideas? Much appreciated. Thank you.

[@TaylorExchange]

Wow that’s impressive. I could only guess they have deals with the manufacturer or third parties/brick and mortar’s that have those types of deals. Definitely a different business than mine so I can only guess.

[@pbc-i6w]

Thank You for being transparent. I've been hiatus for 2 years and restarting back up in 2024 as a FT reseller.

[@TaylorExchange]

That’s great, good luck!

[@midgardian2216]

Please tell me you also got points on your credit card for all that shipping! I have a business cc that I use just for shipping that I connected to PayPal so I can get that 1.5% back on paying for shipping. ;)

[@TaylorExchange]

Yes, I use a business credit card from chase. It’s $95 a year and gets 3% back on shipping labels.

[@leighlowery7008]

Thanks for the informative video. New to your channel. I'm trying to get started selling on Ebay myself. Have a great 2024 reselling.

[@TaylorExchange]

Thank you, same to you. Happy to have you following along.

[@layson9061]

Sean, in your cost of goods, you said you add up everything that has been charged on your credit card. Does that mean you include the items that have not sold yet? Or do you just multiply total items sold X average cost of goods to get your cogs for the year?

[@TaylorExchange]

Yup, it’s from what I spent in the current year on goods.

[@layson9061]

So let me make sure I understand. If you bought 15 and sold 10 in that year, your cogs includes the 5 that didn’t sell yet?

[@layson9061]

Oh I think I get it. So in my example, I you sold the remaining 5 the following year and you didn’t buy any inventory, your cogs will be zero. Which all evens out. Thanks.

[@TaylorExchange]

@@layson9061 Right, or you can do it the other way.

[@misslashayresells3853]

Don't forget about the legal flat rate envelope. It's my go-to before I use the padded flat rate $7.90 vs $8.30. Although lately ground advantage & regular priority has been cheaper for me lately than using the flat rate envelopes.

[@TaylorExchange]

For sure, I don’t use the padded flat rate. And ya I’ve noticed that too!

[@Haulingforaliving]

Grats man I've adopted your way of organizing clothes works great , how much is made off your social media for your reselling I'd think that should be rolled into it as well

[@TaylorExchange]

Thanks, yes I do make some money off social media, making ads for other businesses, and affiliate marketing. I plan to make a different video on those. This was just for eBay.

[@jenniferteague8784]

Thank You for this thorough explanation of how and what worked for you. Excellent work and profit. I enjoy learning from your videos.

[@TaylorExchange]

Thank you and you’re welcome!

[@misslashayresells3853]

Great job Sean ! Question? I know you charge a little more for shipping so you make a little off shipping on each sale. Do you add that overage back into your net?

[@TaylorExchange]

The Total Sales includes the price of item, shipping, and tax. So as far as I know it's in there.

[@ianmarsden8568]

Thank you for sharing - I say you work hard for the money and anything you can do to reduce buying cost and increase the margin will keep helping you grow. All the best for 2024 to you and the family.

[@TaylorExchange]

Thanks Ian, ya this is probably the height of eBay for me. I’m pushing other businesses and trying to hold eBay where it’s at.

[@santiagoacosta2363]

good luck this year! nice video very eye opening. my goals this year are 250 items listed a month, 1000 in store at all times, and $1000 in sales a month

[@TaylorExchange]

Thanks, I wouldn’t get too hung up with the amount in the store. More so with the amount in sales each day.

[@maxinef6654]

Congratulations on your success. Great video. What about the cost of supplies?

[@TaylorExchange]

Thanks, yes I forgot those. I don’t pay for poly mailers but the clear bags and labels are maybe $500 a year.

[@Ciro65Sr]

Great job, I was also a everything seller. I sell clothes shifted from selling men to women vintage, blogger favorites. I like to watch reseller like yourself. And see your business grow. Keep up the good work.

[@TaylorExchange]

That's awesome, thanks for following along!

[@kimlynne84]

Congratulations on a job well done! You have every reason to be proud of what you’ve accomplished! Great video. Way to be real! 🎉

[@TaylorExchange]

Thank you!

[@jondurand12]

Do you think it is important to put clothes in clear bags or not so much?

[@TaylorExchange]

No, but it makes inventory more smooth for my system.

[@cinematicken]

Congrats on another successful year! How do you get to that page on ebay to see all your offer sales? Appreciate it,

[@TaylorExchange]

Thanks Ken. Under performance tab select sales, last year, and generate report. It’s towards the bottom of that page.

[@pastorbobbyanderson]

You are killing it man Keep up the good work and keep bringing in the videos

[@TaylorExchange]

Thanks, will do.

[@Vnessa_funkytownTXpicker]

Omg your missing out on Fort worth TX a good place to source 30 min from Dallas

[@TaylorExchange]

I’ve got a friend in that area ‘K and M Resell’ on YT and he crushes that area but I have been there before!

[@kimredmond3550]

Love the honesty! Reselling can look like an easy way to make money, but the caveat should be “some money” with a lot of time and effort. I always wonder how many people decide to try reselling and actually hang in there long enough to figure out what they’re doing and actually make a profit.

[@TaylorExchange]

Thanks! I imagine most folks quit or just don’t need the money so they never bother to break it down. I will say as time has gone on and hiring an employee reselling has gotten very streamlined. Sourcing is the biggest hurdle!

[@kimredmond3550]

I’ve been reselling for 25 years, mostly in multi dealer shops. It’s been a great way to supplement our income and the flexibility and autonomy have been ideal during the various stages of raising a family and turning into an oldster. I’m always learning - thank you :) - and making adjustments to my business. I know how hard it is to make a living reselling and I’m glad to see the hard work is paying off for you. Thanks for the content.

[@KayJay-sg3vq]

thanks for the honest and realistic breakdown. That's still a great salary!

[@TaylorExchange]

Thanks

[@ramblinralph7609]

Great videos - thanks for posting and have a great 2024!

[@TaylorExchange]

Thanks, same to you.

[@bartz7073]

Great job! I love the fact that you don't oversell your numbers :)

[@TaylorExchange]

Thanks, yup just showing the truth and an honest living.

[@sterlingthrifter]

congrats!! been a full time ebay seller since 2001 (ebay is 90% of my income) didnt reach your numbers but did do $1500 gross $750 net and abut $400 after tax/cogs

[@TaylorExchange]

Thanks, I wish I started selling in 2001.

[@btackett2]

30 plus bring home an hour after tax is nothing to sneeze at, especially since you seem to really like the business. Nice work man

[@TaylorExchange]

I agree. I have another couple of streams of income and may make that video next year.

[@btackett2]

@@TaylorExchange I am happy for you. I have a job that doesn't excite me at all anymore but isn't extremely taxing and pays me pretty well. Just no passion for it but taking the leap and risk is too much for me mentally at 47 to go full time reselling. I'm really happy when I see a person doing what they want to be doing and making a living from it.

[@TaylorExchange]

@@btackett2 I understand a little of that. It’s a risk for sure, I just never reached a high paying job so I felt I could always go back to that income. I appreciate you following along.

[@isidrogarcia2164]

Great video man! Big numbers all around!

[@TaylorExchange]

Thanks 🫡

[@tennesseetreasurehunter1162]

Why do you deduct the gas charges versus the mileage?

[@TaylorExchange]

I use the mileage deductions. Adding the cost of gas was mainly a joke for my dad. He is one of those that say well you spent gas to make those trips, can’t forget about that. 😂

[@catorch2450]

Ragnar is so cute! Tons of energy obviously lol

[@TaylorExchange]

An insane amount of energy 😂

[@lesbokilla7]

very inspirational thank you

[@TaylorExchange]

👍

[@Vnessa_funkytownTXpicker]

Aww such a good boy ragner so cute

[@TaylorExchange]

He really is!

[@petesnyder6281]

Congrats on the 2023 Sales

[@TaylorExchange]

Thanks Pete

[@lienpham1358]

Congrats keep up the great work!

[@TaylorExchange]

Thanks Lien!

[@verdinpadilla7315]

Thnaks for sharing and inspiring us

[@TaylorExchange]

You’re welcome!

[@sherrykunkle1776]

Thank you for doing these amazing programs -- they are helping me understand more about where I am going this year..

[@TaylorExchange]

Sure thing Sherry!

[@sherrykunkle1776]

I have the area to do a medium-sized warehouse at home and the photo area is already set up and you are giving the best advice ever -- congrats to you @@TaylorExchange

[@Putzing]

Great job

[@TaylorExchange]

Thanks 👍

[@basecardcollector1698]

Great breakdown bro!

[@TaylorExchange]

Sure thing, thanks!

[@FlippingNostalgia]

Awesome numbers!

[@TaylorExchange]

Thanks!

[@lovelatham9301]

Great 2023!

[@TaylorExchange]

Thanks!

[@tobyrodock7200]

I didn’t think you could take eBay taxes out they took

[@TaylorExchange]

Not sure what you mean. eBay ads the tax for the customer and remits it. If they didn’t legally I think we would be responsible as sellers but that’s not the case now.

[@tobyrodock7200]

The taxes that were withheld from Ebay, the state taxes you can take those off as a tax deduction is that what you did

[@tobyrodock7200]

I will add that to my deductions as well then great video on your explanation of your deductions as well people sometimes think that hey I sell six figures so I make that this year I sold $126,000 plus but I know what I got from that money and it wasn’t 126,000+

[@TaylorExchange]

@@tobyrodock7200 Hmm I don’t think I took a deduction for that. I’ll have to make a note and ask my CPA.

[@TaylorExchange]

@@tobyrodock7200 I wasn’t explaining tax deductions in this video. Just all the expensive, most of which are deductions. I’m leaning towards you not being able to deduct the tax a buyer pays. Reason being you can buy your inventory tax free with proper paper work. I am No Expert on all this. I lean on my CPA. They are the professionals.

[@MarioLuigi-vb3rp]

The tax obligation is offset by the eBay fees and cost of goods etc?

[@TaylorExchange]

That's a CPA question, but I pay quarterly taxes through out the year and usually get a return.

[@MarioLuigi-vb3rp]

Hopefully you double that money this year have a good one

[@TaylorExchange]

@@MarioLuigi-vb3rp Oh no chance. I don’t want to push eBay much harder. I’ve got a couple other businesses I’m growing. I’m hoping to maintain these numbers.

[@MarioLuigi-vb3rp]

@@TaylorExchangeno offense but I would definitely push eBay to its limits even making a million. Just kill it my man I’m doing the same this year. Have a good one.

[@TaylorExchange]

@@MarioLuigi-vb3rp Easier said than done. eBay is a great way to make money but there are easier ways. Just have to develop different skills. I’ve finally gotten to a place where I have the time to do that and think rather than spending all my time working to cover bills. eBay is great no doubt but not where I want to grow past this point.

[@doloresmiller6956]

❤❤❤

[@TaylorExchange]

😀

[@TheFlippingSportsGuy]

great year taylor! i may have missed it but did you include supply expenses like your jairo packs. i know that wont make much of a difference lol

[@TaylorExchange]

I did not include shipping labels or poly mailers! Great comment. But I can tell you Jiaropack hooks it up so it’s really just the a few hundred I spent on clear bags and shipping labels. Good eye though!

[@TheFlippingSportsGuy]

@@TaylorExchange yea definitely not much in costs... you included a lot more than other sellers, great video and breakdown

[@TaylorExchange]

@@TheFlippingSportsGuy Ya with Jiaropack I make money so it’s not a cost, but I appreciate it.

[@JackieHotGirl]

Good honest vid

[@TaylorExchange]

Thanks