TOP 10 TIPS FOR STARTING A TOY BUSINESS ON EBAY

  Рет қаралды 13,950

Raiken Profit

Raiken Profit

Күн бұрын

Пікірлер: 113
@evanmiller7795
@evanmiller7795 5 жыл бұрын
Toys sell super fast on eBay. I’ve been at it just over a year. Im almost at 800 listings total but I’ve been struggling to hit the 1000 mark. Why??? Because toys sell way faster than I can list them! I’m convinced that toys are the best thing you can sell on eBay...Great video by the way. I concur with all of these tips, but the best way to learn is to get out there and start experimenting. Start with what you know and go from there. It takes work but with some determination and a positive attitude, you will make a significant amount of money.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Couldn't agree more, Evan. You have to get out there and get some hands-on experience to really appreciate how the process works and to know what you have to do. Study the sold listings, then go out and see what you currently have available in your area! It's great to hear you are struggling(although I usually wouldn't say that) because it means you are selling through your inventory well! Best of luck on that road to 1k😁
@nalveyna
@nalveyna 4 жыл бұрын
Damn u guys make it sound so good i gotta get in on this toy, book, clothes selling on ebs. I sell some things but nowhere near that much..
@thedeafgenius
@thedeafgenius 5 жыл бұрын
Everything has a learning curve. Too many people ask questions but honestly you only learn from experience especially when it comes to eBay. Then at that point you can ask questions to tweak your workflow to be more efficient. Those days, I just tell them to go and do it. HAHA. Nice series and I enjoyed it since I do the same thing.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Wonderful way to put it! Most people really will learn this best by doing, being really hands on and making some mistakes along the way.
@leemack5135
@leemack5135 5 жыл бұрын
Then that was such a good experience that I sold just about every broken down car and antiques and motor cycles from my city and local area. I sold my 1990 sprint turbo to a guy that drove over 2000 km to come and get it now that was real crazy. Anyhow long story short started to sell books and CD s with my partner who retired not so long ago. Figured out how to sell in bulk using more then three or four editions on the shelf and did that for 16 years. Sold huge boxes of books shipping all over north America. Then now everyone has retired or shut down. Looking for something different again. Amazon seems really interesting. However that drop shipping just ticked me off something bad more then enought that I would never do it again. I feel in order to make money you and you yourself has to have the product physically there and to ship out. I scanned a bunch of products for a buyer's price on Amazon and went whow. This is what it sells for. So that peaked my interest. Tell you more later
@sunshinemee4226
@sunshinemee4226 3 жыл бұрын
Every video when you do the “dot com karate chop I do it with you and people look at me like I’ve lost it”. 😂
@Raikenprofit
@Raikenprofit 3 жыл бұрын
🤣🤣🤣
@gambit_toys6554
@gambit_toys6554 4 жыл бұрын
Real talk, I've been a casual ebayer for 20 years, just trying toy selling now, been hooked on new jurassic park figures
@Raikenprofit
@Raikenprofit 4 жыл бұрын
How well are they doing for you, Thomas? Any big sellers people should keep an eye out for?
@TheRadicalReseller
@TheRadicalReseller 5 жыл бұрын
One other important note about using auctions for toys is that if you have a store subscription on eBay you get at least 250 free auctions in select categories. Toys happens to be one of the categories eligible for the free auctions. I think a lot of sellers probably don't even use the free auctions every month. Myself included. Selling toys gives you a great opportunity to take advantage of those 250, 500 etc free auctions every month.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Great point! It's a great way to take advantage of the free offerings from eBay and build your business at the same time!
@kiaduffin8781
@kiaduffin8781 3 жыл бұрын
The expression on Vinnie’s face when he see toys is priceless. I love it
@leemack5135
@leemack5135 5 жыл бұрын
Toys are good alright. Sold my vintage star wars for 40 grand back in 2000
@Raikenprofit
@Raikenprofit 5 жыл бұрын
That's crazy, Lee!
@westcoasthustle6133
@westcoasthustle6133 5 жыл бұрын
Holy smokes!!! Nice. 👍
@nalveyna
@nalveyna 4 жыл бұрын
40 fn gs? Omg..
@melodeelucido1446
@melodeelucido1446 5 жыл бұрын
So much value given in this fantastic video!! Thank you for one of my favorite videos!!
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching, Melodee! Appreciate you😊
@amberbutterfield5339
@amberbutterfield5339 5 жыл бұрын
Love all these toy videos. I've been working on reselling for about a year. Toys are my favorite, but I have two kids that teach me alot. I'm not sure how much the guide can teach me, but I'll have to get after watching these viedos
@emilyburton7193
@emilyburton7193 5 жыл бұрын
Awesome videos. Will you guys do a video on Vinnie's process for photographing toys - all the details?
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for the suggestion!
@agimatplays1828
@agimatplays1828 5 жыл бұрын
Awesome! 🤘🏼😎🤘🏼 thank you for your guide and information!!
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching, man!😁
@johnlynch7990
@johnlynch7990 5 жыл бұрын
I’m always a very skeptical buyer but I just bought your gold package of the ebooks. I’ll keep you posted on how it goes.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
I hope you thoroughly enjoy them, John!
@JBLoveisLove
@JBLoveisLove 4 жыл бұрын
I’m truly happy to have found your channel. I’m starting out & I have learned so much from you already. Thank you for making these videos 🙏🏻🙏🏻❤️
@Raikenprofit
@Raikenprofit 4 жыл бұрын
You are so welcome!
@cruisen6725
@cruisen6725 5 жыл бұрын
So 💯🔥! Lol Who ever gave you a thumbs a down on this video is a lil hater. Keep doing you guys!!
@ignatiusemberheart2873
@ignatiusemberheart2873 5 жыл бұрын
Loving the vids guys, keep em coming please 😎🏴󠁧󠁢󠁳󠁣󠁴󠁿
@Raikenprofit
@Raikenprofit 5 жыл бұрын
So glad you are enjoying them, Scott! Thanks for watching 😁
@angelcerrato5043
@angelcerrato5043 5 жыл бұрын
Excellent information! Thank you for your time educating us about Toys.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thank you for the comment!
@amyjayne9313
@amyjayne9313 5 жыл бұрын
I'm a toy reseller in the UK and I'm loving the videos u have done together. Hope to see lots more videos lots of great advice. 🙂
@Raikenprofit
@Raikenprofit 5 жыл бұрын
So glad to hear that, Rach! What has been your favorite part of the toy series?
@amyjayne9313
@amyjayne9313 5 жыл бұрын
@@Raikenprofit Thanks for your reply. All of it found each video helpful. And interesting to see the prices that your able to sell toys at in the US in the UK it can be lower but still good margins for profit. I'm going to save up get a couple of the toy guides think they could really help build my small ebay business. 🙂
@MrGreat42
@MrGreat42 5 жыл бұрын
Great video. I just finished looking through your toy guide. I love it. Thanks
@Raikenprofit
@Raikenprofit 5 жыл бұрын
So glad you are enjoying it! Thanks for watching👍
@treasuremom1541
@treasuremom1541 5 жыл бұрын
Awesome video guys, thank you for sharing.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching!
@tacobob891
@tacobob891 5 жыл бұрын
Awesome video! Thanks guys!
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching, Aura!
@rollingwithstones
@rollingwithstones 5 жыл бұрын
I use a sold listing as a template for my new listing not because it got the highest price for the item, but because it has the most complete description that I don't have to remember or type out. I customize the listing according to fit my formatting and style, and also so I don't get accused of stealing.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
That's a great way to list items. Finding the most concise and accurate description can mean saving your fingers and your time!
@bonitabeck2133
@bonitabeck2133 5 жыл бұрын
Great videos guys! Would love to see Vinnie talk about the bigger toys & how to ship them, also toys for girls
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching, Bonita! We actually released a video on shipping as well, you can search my page and find it 😊
@R26Roman
@R26Roman 2 жыл бұрын
Any specific days when to set up auctions? I heard Sundays are ideal, your thoughts? Thanks
@kiaduffin8781
@kiaduffin8781 3 жыл бұрын
Thank you for your knowledge
@theaustinfound8380
@theaustinfound8380 5 жыл бұрын
Just started selling toys and thrifting a month ago just got first sale it was a 1961 baby Barry Alfred E. Neuman 20" I got for $5 at a garage sale and flipped it for$150.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Awesome flip, Ben! Congrats!
@rayparamio4025
@rayparamio4025 5 жыл бұрын
Just WOW how Vinny gets excited telling his stories. Thanks Steve for the top 10s for toys and it reminds me back when you did top 10s for clothings. Raiken is the Gary Vee of ebay youtube. #SaluteNRespect
@nba2kgodz5
@nba2kgodz5 5 жыл бұрын
Great informative video. You got my like:)
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching! Appreciate you🙏
@tntsk868
@tntsk868 5 жыл бұрын
There is always a new toy that you discover that can make you money and always a new toy to hunt for. Allot of people overlook the dinosaur toys or the doll house furniture.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Agreed! Most people overlook toys because they simply don't know how much they can bring in!
@TheNashvilleFlippers
@TheNashvilleFlippers 5 жыл бұрын
Great video guys, I love flipping toys,
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching, man! What's your favorite toy to flip?
@hiphiprenae
@hiphiprenae 5 жыл бұрын
Great video
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching, Renae!
@DammysTreasures
@DammysTreasures 4 жыл бұрын
Free Free Free toys. I go out on bulk trash days. My biggest find yet was a Megazord Robot and Goldar bundled them up. Sold for 150 on mercari.
@terrickcrosby5924
@terrickcrosby5924 5 жыл бұрын
Hey gentleman. I've been appreciating the videos! Im a quite successful reseller locally (in canada) and I am ready to start posting on Ebay. Right now Im worried that I'm not going to start properly and that my sales will be lacking because of it. Is there a way to start strong or am I just overthinking hella as I usually do? Keep the content comin guys, this is my favorite series of yours hands down. 🤙
@Raikenprofit
@Raikenprofit 5 жыл бұрын
The best advice I can give is to study the sold listings. Whatever niche you want to be in, study it as much as possible so you can get an idea of what is currently selling on Ebay in that market, and how much it's going for. Then, list as much as possible!
@mzzzol
@mzzzol 4 жыл бұрын
I quit my full time job because is so hard doing on line business and then work full time. I sell on Amazon, Ebay, Mercari, Etsy, Shopify and I manufacture products by myself. Is too much work sometimes you have to think and give a rest to your body. an be healthy Im vegan and always eat very healthy but my body needs some rest. Thanks for the video.
@loridisney3782
@loridisney3782 5 жыл бұрын
Great video!
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks, Lori, appreciate you watching!
@deganztv
@deganztv 5 жыл бұрын
Oh my ..just after watching your vedio I went to thrift store and bought toys hahahaha...some I don't even know what they are..
@Raikenprofit
@Raikenprofit 5 жыл бұрын
That's awesome! I hope you found some great buys!
@4lovin70s
@4lovin70s 5 жыл бұрын
Are you doing international shipping with toys? Love the content, ty
@earlgendron4893
@earlgendron4893 5 жыл бұрын
Most toys don't weight much and aren't large when out of package, so GSP actually works really well for them
@heather368
@heather368 5 жыл бұрын
I have a video request, toys for girls. There are literally no videos on MODERN girl toys. I know enough about the vintage ones (vintage clothes and toys are what i sell) but the modern ones i am so lost with. Just a few recommendations would be great! thanks!
@Raikenprofit
@Raikenprofit 5 жыл бұрын
I'll see what I can find, Heather. I can't say right off that I know anyone that specializes in modern girl toys though.
@heather368
@heather368 5 жыл бұрын
@@Raikenprofit Thank you :) Im sure that Vinny knows some things. I have been checking out all his shelves and there are some good things there for sure! I really appreciate all you do!
@crystaldae6233
@crystaldae6233 5 жыл бұрын
@@heather368 I would like one on girls toys also. :)
@spasticmuse4262
@spasticmuse4262 5 жыл бұрын
When you sell lots, do you ever set them up such that you have one "prime" item included with a bunch of chaff just to clear them out?
@Raikenprofit
@Raikenprofit 5 жыл бұрын
You can definitely do that, but make sure you price them accordingly. You don't want to cut yourself short on a big seller just to get rid of a bunch of fluff items.
@msmith6943
@msmith6943 5 жыл бұрын
When copying listings, this may be obvious or a given, but I’m just checking to be sure...I have to use my own photos if the product is used, right?
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Absolutely. For eBay you always want to use your own photos so the buyer gets a realistic expectation of what the product looks like.
@msmith6943
@msmith6943 5 жыл бұрын
Raiken Profit ok - that’s what I figured - ESPECIALLY for used or vintage items - thanks for the great content!!!
@eddiegonzalez2883
@eddiegonzalez2883 3 жыл бұрын
I found something But couldn’t find on eBay sold items I have these small miniature felt dogs They look great Cant identify it Just play LLC...on the little cage it came with
@gambit_toys6554
@gambit_toys6554 4 жыл бұрын
New age hunter gatherer. Like being able to pick good fruits and berries in the wild.
@billstars_billstars9683
@billstars_billstars9683 5 жыл бұрын
Any idea of how to catalogue for tax. As some items take time to sell. How do you go back and find the item what you paid and fees etc. Any programs you use to make it easier. Any information would be appreciated
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Make a spreadsheet using Google Docs or excel to help you keep up with inventory, costs, selling price, etc.
@billstars_billstars9683
@billstars_billstars9683 5 жыл бұрын
An chance you could do a session on this with Vinnie? Would love to see how he tracks it all. :)
@sanantoniocorky
@sanantoniocorky 5 жыл бұрын
Does Vinny ever do Legos? What is his profit margin on the 8K in sales? You goes are great!!
@jayngo23
@jayngo23 5 жыл бұрын
Hey Steve can you suggest what I can do when selling all the toys that you guys talking about in Canada. Min shipping for us with tracking is $17.99 for shipping. Should i just be looking for more expensive toys to sell if Canada shipping cost that much ?
@Raikenprofit
@Raikenprofit 5 жыл бұрын
I honestly can't say for sure what to source in Canada giving the shipping rates. I would say look for items you can get more out of, to make sure the shipping is covered and you will still make a decent profit.
@debbiepersaud2169
@debbiepersaud2169 4 жыл бұрын
Hi Jayngo do you offer free shipping or do you have the customer pay for it?
@sevenbeauty6502
@sevenbeauty6502 3 жыл бұрын
Hello I’m a doll designer and my dolls will be lunching this year. I really need some advice on toys and I don’t have anyone to ask. Is there any kind of way that I can speak with you?
@xenosknightgaming4570
@xenosknightgaming4570 5 жыл бұрын
I just found an inhumanoids tendril plant figure today I'm not sure where to price it. It's in nice condition but one of the finger tips was cracked but intact. Any ideas for priceing? I was thinking $200 with free shipping
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Look at the sold listings and see what others are going for in similar condition.
@amybaker3144
@amybaker3144 5 жыл бұрын
hey guys, where do you get the guide??
@Raikenprofit
@Raikenprofit 5 жыл бұрын
You can find the guide here: raikenprofit.lpages.co/secrettoys/
@jalopyjoe4483
@jalopyjoe4483 5 жыл бұрын
Was hear 4 Top Tips Toy Tuesday
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Thanks for watching, Joe 😊
@facehunter504
@facehunter504 5 жыл бұрын
I’m trying to get my toy sales up, it’s just soooooo hard as a collector. I need help thinking my items are worth more than they actually are lol
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Sometimes we get that mentality as resellers! It's alright, just remember to ground yourself and try to price your items more realistically! Thanks for watching, Chris!
@facehunter504
@facehunter504 5 жыл бұрын
Raiken Profit thanks for the advice. I’ve watched allot of your vids since finding your channel yesterday and I’ve learned allot. I especially like the idea of discounting eBay items by promoting. Hasn’t worked yet but you’ve really helped me get over allot of mental things that was stopping me before.
@themediamarauder1582
@themediamarauder1582 5 жыл бұрын
I went to Ohio Thrift today. They had bags like the ones you buy. Only problem they only put 4 or 5 toys in them. Almost all of them were Mcdonalds toys or fake food. They wanted $4.99 they had like 30 bags not 1 single good toy in any of them...LOL
@Raikenprofit
@Raikenprofit 5 жыл бұрын
Sadly not every store will have the same selection. Some stores may not receive enough toys to put a lot in the bag, or they may just not get enough good toys in. You may have gone on a day after a toy seller came through as well. Keep trying and checking them out, and see if you may get lucky.
@DammysTreasures
@DammysTreasures 4 жыл бұрын
I want to list more but I have a toddler and twin babies. And you have no idea...
@3rellis
@3rellis 5 жыл бұрын
Vinnie would kill it with his own KZbin Channel and/or Instagram. Not only would it get the reseller traffic it would draw in the toy enthusiasts & collector crowd.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
I agree! He isn't much for social media, but I'm trying to convert him😂
@Obsnano
@Obsnano 5 жыл бұрын
so who finna come thru and buy that guide?? hook me up
@Raikenprofit
@Raikenprofit 5 жыл бұрын
You can find the guide for purchase here raikenprofit.lpages.co/secrettoys/
@Obsnano
@Obsnano 5 жыл бұрын
Raiken Profit i know my guy i was just tryna get it for the FREEE
@itsbobbyfinn
@itsbobbyfinn 5 жыл бұрын
Such a good place to shoot the video lol right in the trenches of the action
@Raikenprofit
@Raikenprofit 5 жыл бұрын
🤣 What better place, right? Haha
@faceapp3962
@faceapp3962 5 жыл бұрын
If you are earning 8k sales a month , why would you work a normal job ? And not put all of your time in the toy buisness and it would be allot higher than 8k a month ?
@bobman-lo8hc
@bobman-lo8hc 5 жыл бұрын
He will have to do a lot better to consider leaving his other job. The 8k is a 60 day (2 months) total before fees and shipping cost. Plus you have to account for his cost for the items.
@Raikenprofit
@Raikenprofit 5 жыл бұрын
He makes $8k net, not gross. As Bob said, you have to account for his Costs of running his business. Some people only want to resell as a side hustle to make some extra money, and there is nothing wrong with that. Not everyone is cut out to work for themselves, without a backup plan in place.
@ebaydrbrads
@ebaydrbrads 5 жыл бұрын
@@Raikenprofit I think u mean he makes $8000 gross not net. Also business is spelled wrong in your title screen. Love your channel! I'm "dr.brads collectibles and more" on ebay. Mine is a very interesting but tragic story as a doctor and reseller.
@faceapp3962
@faceapp3962 5 жыл бұрын
@@Raikenprofit true that , I understand , great video by the way
@marnarella_6653
@marnarella_6653 5 жыл бұрын
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