The Top 7 Reasons Resellers Fail (eBay, Poshmark, Mercari)

[@lastchancevintage77]

I am recently retired from full time sales. I resell for 2 reasons, to supplement my SSI and to keep my mind sharp. I can't call Ebay a hobby, I strive for profit. I struggle with a schedule. When I had a full time career I had every hour on track. I accomplished more by noon than most do in a day. Now retired I argue with myself when to work and when to relax. I've been selling on Ebay for a year and following your process loosely. I'm ready to commit to a larger listing goal and a schedule could be a lifesaver for me! Thank you Chris for daily motivation.

[@dailyrefinement]

Makes sense, that’s the 2nd most common reason

[@monicadavis4901]

I'm starting out part time, and just started listing 1. I really didn't do sourcing(I am selling everything I have no use for) 2nd. I researched mostly everything the past month or so before my first listing, if I do find a great deal on something I pick it up and immediately research it, bag it and put it in a tote for items to be photographed.(I try to research every item asap, if I put it aside it will build up into a disaster) I get home at 6:30 at night(reg job) at 7 I start photos until 10, from 10-12 I research new items,or ones I haven't gotten to yet.from 12-1:30 I put everything into drafts, the next day on my breaks and lunch at work I review my listings,if everything looks good I post it.

[@kevinp8108]

My challenges are ACCOUNTABILITY, NO SCHEDULE and NO PREP. I am a single male with no dependents so I don't have a pressure to be consistent. I have no schedule so I start my work day whenever I feel like it. Unfortunately, my work day is never started and i just wasted a whole day. Lastly, I don't prep my items for the next day so I don't know how to start my new day. I have to structure my days to include these 3 things in order to grow my business!

[@mattk8810]

Write a weekly goal list. Review and adapt at the end of the week or even day.

[@sydneytolman3066]

My issues exactly

[@kevinp8108]

@@mattk8810 - You are correct! After I saw this video, I went to my computer and made a daily TO DO list that I am required to check off one by one as I complete them. This will give me a direction everyday instead of being all over the place! I've included when to take my breaks and when to go to the gym. With a TO DO list, I won't feel right unless everything is completely marked off.

[@sydneytolman3066]

@@mattk8810 Goal list suggestions? I have a death pile, I have all the intention to just get at it, seasonal appropriate/most profitable ones first, trying to batch tasks & not focus on how many I have to do but idk I just need to approach it differently.

[@kevinp8108]

@@sydneytolman3066 - I made a detail TO DO list and I used clear box tape to laminate it so I could reuse it everyday with a dry erase marker. I don't allow myself to relax in the evening until every task is marked off. I think this could help you too since we have the same issues. We both lack direction. Hope this helps.

[@EveBrocart]

It's incredibly generous of you to share with the community your expertise and knowledge so thank you for your help

[@jennhastings8887]

INCREDIBLY timely video, thank you!! I have sooooo much time for this now (my kids started full-time school this year), but I need to create structure for myself to make sure I'm being efficient.

[@JRayPoke]

I think schedules are almost impossible in my situation right now. I have a disabled mom I'm taking care of who can't walk, a pregnant girlfriend, and two dogs. The dog walks are scheduled out as well as there feeding. My mother's meds are scheduled and we loosely schedule meals. I manage to do at the least 4 to 5 hrs. of work daily but to try to do it the same time everyday is nearly impossible. Mainly due to my mom not sleeping the same time ever. I do agree with most of the 7 things but I truly believe some people do fine without a schedule but I also agree it is helpful to work on a schedule and one day I plan to but the stress it causes me when something messes up my schedule isn't worth it. It literally ruins my mood/day if I'm unable to stick to my schedule.

[@Bawkr]

Internet speed slows a lot of us down in listing, scaling and compressing the photos helps but upload speeds are often a lot worse than download and times out especially on ebay. Can be pretty off putting but I've found ways to deal with it I type up my listings in notepad++ and upload on a second screen while I'm doing that and if it's still uploading I'll work on art. Schedule is definitely the worst for me but I have a lot of projects going on, one of which is more important than ebay to me. ebay is definitely a close second though. Sourcing everyday wouldn't make sense for rural sellers, it's better for us to pick a day of the week and do as much of it as possible on that day.

[@threadhead3657]

Great video! Love the white board! It makes it very easy to understand instead of trying to retain all of this info in my head. Thank you!

[@sydneytolman3066]

I HAVE SELF DISCIPLINE I HAVE SELF DISCIPLINE been saying this out loud lately 😭😭 GREAT video much much much much needed & appreciated

[@DyLemmaOG]

It's something with the brain. Our brains like goals and things to be set and the same every day, if you don't have any plan you're going to get lost and fade out because your brain feels like there's no end and you get fatigued/bored.

[@cashflowfamOC]

Every video you post is golden!!! I’m transitioning from part time reseller to full time reseller. I’m almost there!! Thanks Chris. Biggest issues is time (7) Currently my full time job is a 50-60 hr work week.

[@soozalongtheway]

Wow... this was awesome information! It will be so helpful! Thank you!!! I am a list person, so seeing you write it all out like this hit home 😊 Of course I need to work on every area, but I believe the schedule will definitely help keep me focused!! Appreciate all your content!!!

[@cherylbranche1532]

My challenges are accountability, reset to zero, sourcing with few sales. Video is informative AND helpful.

[@lunazamoraart]

Nice routine, I could do this BUT I’m following your advice and I’m selling my old stuff. Eventually I’ll need to source, but I will only spend profits. So growth to this level will take a while!

[@beorbeorian150]

I need help with everything. Which is why your advice to start slow is great advice. There is a learning curve. Much easier to correct 50 listings than 1k. I can continue to look for improvements in speed, set up, approach. If I went full blast posting 20plus items a day I would have created a disaster.

[@pennirood6887]

Prepping is my biggest problem. I’m going to try your schedule. Not the same exact hours but very similar. Thanks

[@ravenomega2443]

Chris I think you need you to make a video or mention it on a livestream on the difference between a good item and a great item. Because that can kinda become an opinion based on people's preferences.

[@TheAmigoUser]

Minimal defects/cleaning/testing required. High sell through rate. The price you paid for the item vs how much would be left after fees

[@cornerclosetshop6199]

@@TheAmigoUser beat me to it

[@basecardcollector1698]

U have to figure that out yourself!

[@ravenomega2443]

@@basecardcollector1698 I'm not asking for me. And actually you don't. Someone can compile a list of all the best items based on brand, color, style, and size.

[@dailyrefinement]

I can do that

[@flipdontflop2363]

Excellent breakdown, Chris! I completely agree with your viewpoints on this.

[@chitzzz1384]

the mistake some makes was.expanding too early from garage or basement to big warehouses maximize the house if you have so many inventories cut off buying a little bit, concentrate on asy to sell items plus if you can do it , why hire someone to list for you, effort and hardwork cimes with the business

[@whateveryoulyke1]

Schedules are the only way to be consistent. We source in bulk, like hundreds of items once a month bulk. Tends to keep unit cost down, but we don't get to be picky since our sourcing took 8 hours instead of 4 hours/day We list 20-30 items/day with roughly $45-$ AUSP Customer service Pick/pack List Ship Repeat

[@chaddsteinberg3758]

That’s me! Buying broken antiques wanting to learn, fix, resell! It sucks your life down a different path, takes over your storage, furniture seems so slow to sell. Can we write off professional furniture refinishing?

[@cathyholoway722]

Hello Chris thanks for the conversation always interesting.

[@ciarannejeffcoatsaavedra7974]

learning so many bad buys. I am clearing out all the junk and relisting. I bought lots and you know what that struggle is. Im listing my jeans now. Omg after the Patreon Jean call so many bad sizes. I bought huge sizes thinking they would do better. Improving daily. Donation Hauls weekly but learning.

[@justthefactsmam9]

Great insight. Thanks. Most people make more in retail. Bullshite. The joy I get from listing and selling and setting up my own time and being my own boss is priceless. Plus I love to shop so that is another perk!

[@Clockles87]

I will be writing these same steps on my own personal board at home. Great content

[@nathaliecruz3211]

Really love this format!! Thank you for all your information Chris!!👍❤️

[@DovesInTheCrosswalk]

There was a lady in the other video asking about where to get a specific liquidated Target bag. Bulq used to get a lot of Target liquidation. I think Via Trading still gets some and Wholesale Ninjas, too. Target also used to liquidate palettes are on their own site at one point, I think. BUT! A lot of the liquidation is unmanifested, so I think it would be very difficult to find a specific SKU like what she was looking for. Target does mark down stock after the holidays, so if she's close to a store, maybe she can find some that didn't sell out locally. Otherwise, it's too hard to know where a specific SKU will end up.

[@jojo90s4]

Thanks for the video and information

[@dailyrefinement]

Which of these 7 do you struggle with the most?

[@courtneyburns64]

This video was really helpful! Thanks!

[@heatherpalumberi7108]

Excellent! So concise! Thank you!

[@francesshurley9541]

listing with the right details I think is mine along with some sourcing.

[@elizabethvaldez2692]

Loving the whiteboard videos!

[@49lucky]

I send my shipments out the day they pay. I don't understand why people are so slow at shipping???? I order from stores Poshmark mostly and the younger the seller slow shipments or no shipment at all !!!!!

[@sidehop]

Love this. Thanks 👍

[@ponderosapondhomestead4344]

Sticking to schedule 🤦🏻‍♀️

[@beorbeorian150]

Thank you!

[@victoriabrown5587]

I struggle with the new system. The photo process is the biggest problem I have now. I use your photo process but now ebay has a different photo clean up process

[@fenkellmoney8034]

Bro watching just your videos on KZbin I’ve made $42,000 in 3 months! I’ll be joining the group soon because I need to know more 😎💪🏾🔥🔥🔥 but I must be honest my body is completely exhausted I’ve worked 7 days a week for 3 months now.. when do you take a break?

[@kreativekimberlycohouseofwall]

I struggle with accountability (discipline, mainly) and resetting to zero.

[@brenhill2152]

Any advice on how to make this work when you have a full time job and are gone from home 9 hours a day?

[@RealziesCuts]

Thank you Man

[@kristen7571]

I was wondering what you think of having a schedule where instead of doing those 6 things each day, you instead do 1-2 of those things a day, lets say 5 days a week?

[@stevenssbargainbarn2294]

i think the number one reason Resellers Fail trying to keep up with the joneses not living in there means taking more out than they put in there business most business take 5years to 10 years start being profitable business like baby you had to learn how to crawl before you walk some take more time than other i still trying learn how too crawl

[@iYummmerz7]

Your videos are the best!

[@dailyrefinement]

Glad you like them!

[@fireslayer52]

I struggle with scheduling which in turn causes me to struggle with listing and sourcing

[@Buy_Kaspa]

MADE $1,000 JUST YESTERDAY! SELLING TRAINS!

[@theartist1151]

You are the 💣💥👏🏼

[@mayacarmel8510]

Is the 6 am patron call every day?

[@dailyrefinement]

M-F only

[@valindabennett6904]

But you don'[t make $300 a day profit. Once poshmark or Ebay take their cut, you maybe make $250 a day. And I think #6 should be #4.

[@sydneytolman3066]

Any ideas for making something like a listing title/description template or form? I love how you can make different templates with list perfectly but it’s pricey so I’ll try them in the future maybe. can I maybe make them on my own with spreadsheets or forms? Or is there an inexpensive software for it?

[@dailyrefinement]

I hate list perfectly, waste of money

[@shoppingislifeuk]

thank you

[@PoPeration]

Anyone who would need anywhere near an hour to photograph a lawnmower with a lawn as a backdrop needs to avoid reselling with a shitty stick.

[@dailyrefinement]

You’d be surprised

[@trailersandtea]

Casual micro-seller here...any guidance as to if eBay's push to promote listings, offer free shipping, and/or send watchers an offer actually help to jumpstart sales?

[@kalatitati8795]

No, I feel is more about the item ime.

[@trailersandtea]

@@kalatitati8795 Thank you Kala.

[@mayacarmel8510]

Opened my e bay store a month and a half ago and have 100 items already. Only sold one item 😢 so far and I list 3 a day…

[@kalatitati8795]

What are you selling?

[@mayacarmel8510]

@@kalatitati8795 mostly jewelry but some clothes and collectibles

[@sportsology5547]

If I sell an item and then push sell similar on that item because I want to list an item that’s super similar to that, does that count as a new listing?

[@typeshizlude1717]

Hey Chris, is this based on a 10 hour working day? 6-4?

[@dailyrefinement]

8 hours, the morning call is just something for accountability

[@typeshizlude1717]

@@dailyrefinement thanks man! You’re the best in the game

[@KTTreasures]

Thank you

[@ptrishagamin6398]

The schedule up on the board shows 10hrs. Not 8?

[@dailyrefinement]

Includes some non reselling

[@Dave-wv3yj]

Listing

[@Vinnie-cv5qv]

I saw a comment that mentioned sourcing and being a rural seller. I do agree that sourcing in a rural area in the middle of the day, every day, may get you nothinging, just wasting gas. I am fortunate to have both the rural and city experience. I have an apartment in NYC and when I am in the city, my primary sourcing is done five walking minutes away at a great outlet and I do have the Goodwill bins in Long Island City. When I am in upstate NY it is a different story. Just the driving alone wastes most of my time and it is slim picking. I sell clothing and source on-line when I am upstate. I do have a Goodwill and Salvation Army store but the prices are so high that there is no profit to be made. Rather than spending the four hours driving around looking for items to buy, I go through the items I've sourced on-line. I make sure they are in condition to sell and I do have a steaming station where I want the clothes to be wrinkle free for photographing and steaming is almost like dry cleaning removing any odors. I want as little waste as possible so if I get unmanifested goods and I know I will not make at much of a profit on some, I will bundle and not donate. As for cutting my costs down, I am building a two story shed in my back yard with my profits so I do not have to rent a storage unit and want to be close to home. I currently store everything in my basement but there is a moisture problem so I have an industrial dehumidifier that takes care of that problem. I think people should look at their current space situation and see what will work for them as their inventory expands. A shed will be my solution and it will increase the value of my property. Another overlooked issue is employees and how to hire your spouse or children. I've worked in finance for over 30 years and can do all the tax and accounting in my head. I even have the IRS phone number and website memorized since I dealt with them all the time before retiring. You can hire relatives and your children, even if your children are very young. When I was reselling part time while holding a full time job, I had my eight year old son help me on a daily basis and I paid him. I kept accurate records and put all his earnings in a Roth IRA for a minor. There is no age limit for an IRA as long as it is earned income. Even a baby can have earned income, such as a child model or actor. Now my son is in college and his IRA is quite large. Hire your kids and relatives if it makes sense for you and know they would be more of an asset rather than a headache. It would be a win-win for both. I am sure taking packages to the post office or steaming clothes can be done with little effort. T

[@dudda1977]

All of them 😁

[@sublime90]

keepin it real

[@jeffdorris5321]

🕶🙏

[@rudolphsolis14]

Thank you !!!