10 Things You Need To Know Before Starting An eBay Business

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ChaChingKing

ChaChingKing

Күн бұрын

Пікірлер: 326
@pamprier4710
@pamprier4710 Жыл бұрын
Scot, I'm now in my third month of reselling, have sold barely over a dozen items. I'd implemented my inventory system before I started selling; it's wkng well. Now, heres a laugh for you: with most of us here in America heading into fall and winter, I posted in my local fb group saying that I'm selling on ebay to supplement my SS retirement income, and if anyone is planning to clean out their closet(s) before Cmas, I'll gladly accept their discards. What I cant use, I'll donate to the Mission thrift store - almost an hour away, yet the closest one to our town. One lady brought me three carloads! It's good quality clothing, but easy to understand why I'm temporarily overwhelmed! Lol.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I love it! It honestly sounds like you're off to a great start. It's a little slow right now, so your sales don't surprise me. Pay attention to what you're able to sell and keep refining that. As you do, sales will increase. I LOVE that you thought outside the box to get some inventory! That's truly spectacular!
@KisnCozns51
@KisnCozns51 Жыл бұрын
@pamprier4710 Along with Scott's great advice here on ChaChingKing, you might benefit from a video I just watched on YT with TechNSports recently. He and Back from Burnout sat down to evaluate her business. She, too, had received a ton of inventory at once and it overwhelmed her to the point that she cherry picked it, then left the others in piles and kept accumulating more, never dealing with the piles. TechNSports shared great wisdom on how to build a business model that fits your needs. Scott eluded to this as well. There's great truth that these guys are sharing. I know I for one am going to start implementing them today!! Thanks again, Scott, for a great video!! Blessings!
@andrewwashere82
@andrewwashere82 11 ай бұрын
I'm semi afraid to ask ppl for stuff. Feel like I'm freeloading, lol. Tho mission accomplished for one, I asked my friend for a tape gun he had bought for a move. He has a spare he's going to give me. 👍
@pamprier4710
@pamprier4710 11 ай бұрын
​@@andrewwashere82 Follow my suggestion; just tell everyone that if they're planning to clean out their closets, garage, or shed, you'll be glad to help in exchange for whatever they don't want. Trust me, they'll be grateful for your help!
@DoubleTGameHustle
@DoubleTGameHustle Жыл бұрын
Coming from someone who just started selling on eBay. I really appreciate sharing all the knowledge you have gained over the years!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I truly hope you find something in this that's helpful. I'd love for you to accomplish what you hope to accomplish.
@carastike
@carastike Жыл бұрын
Always learning from your videos. Open my store in April 2023. Im still scared of messing up. I would not be a seller without these videos to learn from. I have found a small group that has the love of teaching. You and your wife are at the top of the list ❤
@TheChaChingKing
@TheChaChingKing Жыл бұрын
You are genuinely appreciated. Thank you.
@Traisna
@Traisna 9 ай бұрын
Helloo good i am from indonesia..signup 2008 not going anywhere? Whyy..now i join account businees ebay ? Only dropsgip any advissss
@elizabethbooth8794
@elizabethbooth8794 Жыл бұрын
Thanks- I’m 70- the point regarding speedy listing was so helpful. I watch 3-4 good sellers, no one ever addressed this in sync with my personality so well. Elizabeth
@TheChaChingKing
@TheChaChingKing Жыл бұрын
When I built my house, I had a couple of teams out here doing dirt work. I had a guy named Frankie who was 78. He was his own team. I also had a group of 3 guys, all in their 20's. The young guys ran around and looked really fast and busy the whole time. Not a slouch in the bunch. It seemed like they had to keep figuring out what to do next. Frankie just kept moving...slow...deliberate. You could tell Frankie knew what his next move would be from long years of weathered experience. You get one guess which "team" was FAR more productive... I'm not the fastest. I don't have to be. I still get all of my work done even if I occasionally walk down to the tank to go fishing during lunch.
@LaurieAnnCurry
@LaurieAnnCurry Жыл бұрын
Same ladybug, same!
@pamprier4710
@pamprier4710 Жыл бұрын
Also, thank you for saying "I'm not that guy! Lol. I've had a few days where I haven't gotten anything listed, much less 50 items. I figure that once I get into a routine, I'l be able to list 5-10 items daily. And for me, thats enough.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Exactly. We list 5-10 a day. My worst year since 2018 was right at 70k. And that was truly because I quit listing 5-10 a day and dropped to a few because of KZbin. If I quit KZbin and go back to just eBay, I make more. LOL
@BelleResells
@BelleResells 8 ай бұрын
i needed this talk so much. overbuying, speed, efficiency, the only thing constant is change, creating an inventory system that not only helps me find what i'm looking for but also doesn't make me feel cluttered and that honors my space, going to follow those resellers you mentioned! youtube is suggesting a video with you and it caught my eye - "How Cha Ching King went from homeless to 3k a week on Ebay." if you can do this.... I can pull myself up too. i can do this!!
@TheChaChingKing
@TheChaChingKing 8 ай бұрын
100%! You can do this. You really can.
@LannieLord
@LannieLord 4 ай бұрын
Don't use Goodwill as your main source . That is "the trap" that ALL NEWBIES fall into.
@Kelake63
@Kelake63 Жыл бұрын
Thank you for another wonderful tutorial. I have just started, and had my first scammer; but, thanks to you, I knew just what to do! Very much appreciate the knowledge you share.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
That is truly awesome! If we can stop even one scammer from taking advantage of someone, that's a win.
@mollydavis200
@mollydavis200 Жыл бұрын
Hi Scot…I’m a 28 year veteran eBay seller as well! I agree with everything you said! I remember HATING when eBay made a change and sometimes I didn’t keep up with the changes and it did hurt my business to an extent. Now I go with the flow. It’s their platform and their rules. If I had a brick and mortar store, I could never bring in the income I do on eBay! EBay all the way!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Molly for the win! :-) My in-laws owned two brick and mortar stores from 1971 to 2018. And while there were many years that they generated substantial revenue, the overhead costs ate up a staggering percentage of the profits. One of the biggest benefits of ecommerce is that when you scale up, your overhead doesn't necessarily scale up the same way a brick and mortar store could.
@michaelmaryhugh4615
@michaelmaryhugh4615 Жыл бұрын
You are 100 percent correct about listing what you love. It is more fun/exciting listing items a person enjoys. I still find myself buying stuff that I classify as boring because it is such a good deal, but if it sits in my death pile it doesn’t make much sense to buy if I’m not going to list. Thank you for the video.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I have way more experience with this than I'd like to admit. :-)
@TexasMomsCloset
@TexasMomsCloset Жыл бұрын
Scot you are the best teacher out there for this reselling world! Thanks so much for sharing your knowledge and expertise. I learned a lot!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I truly appreciate that. I feel like there are so many people that this comes more naturally to. But I will straight up take the compliment. Thank you! You are very encouraging.
@angelad.8944
@angelad.8944 Жыл бұрын
What a great break down. You really nailed it. ☺ It is so true about the shipping fears. We go through life never shipping anything and then all of a sudden we feel like we have to know everything. Part of the fear is making the mistakes that cost you. I was so worried about what size of box and what the materials would weigh. All legit concerns. I solved it by having shipping at a standard size and weight at first, so that no matter what I was selling I knew it would fit within those specs. Now, after learning more about how shipping works and getting more comfortable, I am able to make great offers while knowing what size box, weights and materials I will be working with. Still more to learn but not so afraid now. ☺
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Your learning journey mirrors my own. It didn't help that when I first dove into eBay, I was literally shipping lumber from my lumbermill! LOL What was I thinking!?!? Shipping is time consuming, but it isn't scary at all any more.
@stealthecatwalk
@stealthecatwalk Жыл бұрын
Remember Mr. Lister? I loved the templates! Long time ago... nice video.😊 5:05
@andrewwashere82
@andrewwashere82 11 ай бұрын
The inventory management part sounds like the most fun to me, lol. Like a visual reminder that I'm running a business, plus I play video games and really enjoy resource management types.
@TheChaChingKing
@TheChaChingKing 11 ай бұрын
OH NO! My LEAST favorite part. LOL
@andrewwashere82
@andrewwashere82 11 ай бұрын
@TheChaChingKing I'm already daydreaming about each container being designated to a niche item if my inventory is varied. Like I have so many DVDs & games, they could have their own box to be stored in.
@vynilrob9719
@vynilrob9719 Жыл бұрын
I try to list at least 1-3 comic books a night within the two hours of downtime after work and nothing on weekends. Kinda like my free time too much to list 20+ books. Great vid, sir!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
If you've got a routine like that, it'll end up being a great supplementary income. I applaud you!
@raccoonstarsmember
@raccoonstarsmember Жыл бұрын
I enjoy your advice regarding what one's mentality should be. The one part I would disagree with you is how often ebay gets it wrong. For context, I'm an electronics seller, certified technician and metrologist, years upon years of experience,ALL my items are tested prior to being listed. Good quality listings; more transparency than 99% of the rest od the platform; I ship fast and I ship with perfect packing. Out of, say 11 false "item doesn't work" type disputes, ebay sided with the buyer, even when the items were damaged by the buyer. I've also had different items returned to me, I provided all the evidence in the world and ebay said "to be honest we don't even look at that" (of course the next rep apologized for someone having said that) . So out of, say 15 cases in 2 years, ebay only protected me twice. Equipment worth hundreds of dollars each and despite doing everything ebay instructed me to do step by step.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
You know, I probably should have put a qualifier on that statement. Because it's vastly different in some categories. I absolutely hate selling electronics for this very reason. I can test them and KNOW what I'm selling. They get it and claim something else. You're not wrong in your categories.
@mrbillh
@mrbillh 11 ай бұрын
I really appreciate your videos! I am just a part timer, currently selling items I already have, buying just a few items I see at Goodwill, etc. I'm 68 years old and selling just for fun and a little profit. Unlikely I'll open a store, but you never know! Thanks again!
@TheChaChingKing
@TheChaChingKing 11 ай бұрын
Man...68 doesn't sound old AT ALL to me any more. LOL What's happening to us? I rarely write checks. Rarely. But I had to write one a while back and I caught myself writing 1984 instead of 2024. Time sneaks up on us. But, you are still out there selling things online. Good for you! That didn't even exist when we were just getting started in life.
@LannieLord
@LannieLord 4 ай бұрын
Don't shop at Goodwill. PLEASE find a FLEA market OR an estate sale of an OLDER home.
@carolinacoins
@carolinacoins 11 ай бұрын
New eBay seller. New listener and new subscriber. Thank you for taking the time to make this video and share your knowledge with us.
@TheChaChingKing
@TheChaChingKing 11 ай бұрын
Awesome, thank you!
@timhalcomb4041
@timhalcomb4041 5 ай бұрын
Thank you both for sharing you both have a blessed day in the name of Jesus Christ.
@gambit_toys6554
@gambit_toys6554 Жыл бұрын
you're the first channel i've seen emphasizing roi over speed of listing per day! I'm slow too and appreciate your video!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I'm slower than molasses in January. Focusing on ROI has been a much better business model for me than hyper-efficient listing processes.
@garyK.45ACP
@garyK.45ACP Жыл бұрын
Your videos are GREAT! We have been eBay sellers for about 4 years. I am retired and my wife quit her job after about a year into our eBay business. I can tell you that we make more money than my wife did at her job BUT we work more hours. And we BOTH work at it. We ENJOY the work more, at least so far. I would caution people getting into this to place your own limits on your time, or you will be working 18 hours a day, 7 days a week...and it doesn't pay THAT well!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
You speak the truth! EBay will fill whatever time and space you allow it to fill. It expands like a gas. 😆 Creating limits for eBay keeps it from completely overtaking your life.
@kathyhoskin8350
@kathyhoskin8350 4 ай бұрын
I stopped reselling because of Covid. I’m ready to jump back in but I’m gathering strength because it is so time intensive! Great advice from you!
@TheChaChingKing
@TheChaChingKing 4 ай бұрын
Good luck! I believe you can do this
@VeryGreatGladness
@VeryGreatGladness 10 ай бұрын
Late to the party but I AGREE. eBay has been super supportive and helpful to me as both a buyer and seller!
@TheChaChingKing
@TheChaChingKing 10 ай бұрын
100% Nothing is perfect. But eBay has been outstanding for us.
@daisymay317
@daisymay317 Жыл бұрын
I’ve so far watched two of your videos and have been encouraged by both of them, so thank you! I’ve been for awhile now in over my head as far as what I allowed myself to buy and have not gotten listed. Quite an embarrassing thing for me, but that’s where I found myself. It was so encouraging to me to hear somebody that has had success say that this is an incredibly easy thing to have happen. Thankfully, I have been chipping away at the piles and have been much more selective about what I buy, so progress has been made. It was just nice to hear that I’m normal-ha ha!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I promise you, you are not alone. It is extremely common to end up with far more than you planned on. You just have to whittle things down. Don't be afraid to bless someone else with the things you aren't going to list either. Things that we bought to help free us can make the cages for a new prison if we hold on to them too tightly.
@daisymay317
@daisymay317 Жыл бұрын
@@TheChaChingKing yes, that is something I’ve thought about too. And an accurate description! Thank you, and God bless you guys!
@mauriceharp1454
@mauriceharp1454 Жыл бұрын
I have a very difficult time resisting the urge to "buy" although I haven't posted my first listing, lol. I share your feeling that it's comforting to know that we're not alone. aka :misery loves company", lol?
@jewelrysquirrel8819
@jewelrysquirrel8819 Жыл бұрын
best overall video of ebay selling I have ever seen.. love the fact you tell the truth..#1 is the most important..
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you so very much. I truly want the videos to be helpful. If it's all exaggeration and fluff, I wouldn't actually be very helpful.
@shannon_w.
@shannon_w. Жыл бұрын
Thank you for yet another great teaching tool for my tool box! I am yet to start selling on Ebay because we are in the middle of the long arduous task of trying to buy a home. Where I live now is way to small so we are looking for a home that will have space so I can properly run my business. I watch all of your videos and have them on a special list that way I can refer back to them when the time is right. Again, thank you 😊
@TheChaChingKing
@TheChaChingKing Жыл бұрын
You can do it! Good luck on the house hunt. I hope you find exactly what you are looking for at a price that works for you. :-)
@kristirose2289
@kristirose2289 Жыл бұрын
Oh my Gosh! I hit every one of your points! I put myself on restriction and not shopping for another thing until I get all things listed. Still trying to figure out what I like to sell. I quickly ruled out clothes and shoes. I’ve listed junk just because I bought it… you get my point 😂😂 Thanks for the video all about me 😜😜
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I guess I feel better than I'm not all alone. LOL
@homeofmyown
@homeofmyown 2 ай бұрын
I took your advice and implimented my invory system from item one. Thank you I'm sooo glad I did.
@TheChaChingKing
@TheChaChingKing 2 ай бұрын
That's awesome. It's the gift that gives every single time you have to pull an order. :-)
@Colleen858
@Colleen858 Жыл бұрын
Sending gratitude for your positive attitude.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you so much. :-)
@matterof_fact
@matterof_fact Жыл бұрын
Thank u for being honest ! 💯 %!!!!!!!
@firefoxx59
@firefoxx59 11 ай бұрын
Excellent info. Just what I needed to hear. Thank you for your openness and honesty!
@gambit_toys6554
@gambit_toys6554 Жыл бұрын
congratulations on being on ebay since 1999! i've been on it since 2000-Present.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
How are there that many years in the rear view mirror!? Doesn't seem real.
@ivangies6314
@ivangies6314 Жыл бұрын
I can relate with everything you mentioned in this video I have so much stuff that I will probably never list just because I thought I had to buy everything that would make a profit. You are spot on with this video. Thank you so much. I really appreciate what you do.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I almost didn't put the video out. I always feel like I haven't really covered anything helpful. So, your comment is really, really encouraging.
@ivangies6314
@ivangies6314 Жыл бұрын
@@TheChaChingKing I have yet to watch one of your videos that wasn’t encouraging or motivational or very informative. They’re all great and you my sir are awesome thank you.
@sandrageach5955
@sandrageach5955 Жыл бұрын
I’ve been laughing.. I should have watched this a year ago 😂 I’ve made so many mistakes… I have a huge stock inventory.. so many things to list…..
@Jana-TheCraftyGambler
@Jana-TheCraftyGambler Жыл бұрын
You are so correct. We just started selling on eBay and we buy primarily from yard sales and we have a lot of items to list. As luck would have it, I pulled a ham string and I’m having trouble getting around well enough to take photos. It has slowed me down so much.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
OH NO! I had a partial tear of my hamstring about 20 years and 50 pounds ago. I used to be able to sprint fairly quickly. It was after school let out one day and I was on bus duty. Some of the high school kids were playing catch and they shouted at me to cover someone. I took off...two steps...POP. It was about a year and a half before I could walk without thinking about it anymore. And I can't imagine trying to sprint today. Just mentally, I don't think I could. I 100% feel your pain and hope yours isn't as lingering as mine was.
@LannieLord
@LannieLord 4 ай бұрын
Yard sales are pretty dry. FIND a good flea market !
@andrewwashere82
@andrewwashere82 11 ай бұрын
3:17 Oh really?! That is encouraging. How long before you went from watching videos and thinking about it to actually doimg it? Fear of failure and/or not knowing what to do is holding me back. I'm trying to learn as much as I can. But at the same time, I can't afford to be sitting on the fence about this.
@TheChaChingKing
@TheChaChingKing 11 ай бұрын
I bet we watched videos for 2 years before we made the jump from selling as a hobby to treating it like a business. Our business is just built on roi and not speed.
@andrewwashere82
@andrewwashere82 11 ай бұрын
@TheChaChingKing Wow, well, I'm gonna need a goal to at least get started: listing, sell, package & ship at least by the end of next...week. Yea, that seems realistic. We'll again, thanks for your videos and responding to my constant messages, lol. ✌️
@AyshFlow
@AyshFlow Жыл бұрын
Hi Scot, I've been watching your videos for some time now. I wanted to say thank you so much for the knowledge and advice you always share. your videos are truly encouraging and I have gained so much great insight from you. Wishing you all the success in your eBay business and your KZbin channel, Thanks again🙏
@TheChaChingKing
@TheChaChingKing Жыл бұрын
That is truly, truly nice to hear. If I can encourage people, then all the videos are worth it. Thank you.
@lisaliv2585
@lisaliv2585 10 ай бұрын
Simply...you are awesome!
@TheChaChingKing
@TheChaChingKing 10 ай бұрын
Wow, thank you!
@profitmonsters8186
@profitmonsters8186 Жыл бұрын
You’re the best Scot!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I hope that you know how much I appreciate you and all you do for this community.
@stealthecatwalk
@stealthecatwalk Жыл бұрын
Yes! The changes!!!! Ugh... since '98 here! I taught myself code to ue HTML & have a fancy listing... lol. I know so much has changed, and that's why I'm here😊. Thanks
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Some where out there in cyberspace is my old Prodigy web page. I did a lot of woodworking and learned enough HTML to create my own website. I could still find it until about 10 years ago. But, I think all of the Prodigy stuff is gone now.
@wandaseguin4804
@wandaseguin4804 Жыл бұрын
Thank you Scott for these videos, I haven't started selling yet but am soaking up all the information so when I start I will feel more prepared.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I truly hope you find some of these helpful and encouraging.
@wandaseguin4804
@wandaseguin4804 Жыл бұрын
With you as our teacher I can't go wrong, Have a great day! @@TheChaChingKing
@deantroy7716
@deantroy7716 Жыл бұрын
I really enjoy your videos as well and find them helpful. I've been selling on Ebay since early spring part time. I have found it kind of unsettling every time I run across something that I never encountered before and scramble around trying to figure out what exactly I should do or not do. Much of the information provided in your videos have really gone a long way in helping me right from the beginning. Thank you much!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
That is awesome! I truly appreciate the encouraging words. I want the videos to be helpful.
@gotjunkinourtrunk
@gotjunkinourtrunk Жыл бұрын
I loved everything about this video. Everything.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
That it such a nice thing to say. Thank you!
@lynnmsevigny497
@lynnmsevigny497 Жыл бұрын
I REALLY appreciate these videos and your clear, friendly and educated guidance...sense of humor SELLS! Ha! TY~
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you so much. I'm still learning how to create the videos. They aren't where I want them to be, but they aren't where they were either.
@scampbell4922
@scampbell4922 11 ай бұрын
Scot, I'm currently in week 2 and it's been awesome. I wanted to thank you for the sage advise you've provided in your videos.
@TheChaChingKing
@TheChaChingKing 11 ай бұрын
I genuinely want to be helpful. But, you need to pat yourself on the back. YOU are the one who decided to get started. YOU! You get all the credit. Good for you!!!
@31two13
@31two13 Жыл бұрын
Thank you for your videos!
@sharonhonacher4017
@sharonhonacher4017 Жыл бұрын
Wish I’d seen this video 3 years ago. Definitely over bought early on, trying to get up to 1,000 listings for a specific % sales. Now I know better thankfully. 👍
@TheChaChingKing
@TheChaChingKing Жыл бұрын
When I present things in a video is almost always because I've made that exact mistake. When I first started, I bought everything that still had tags. Route 66 NWT tshirt? Bought it. 😆
@JDLoveisLove
@JDLoveisLove Жыл бұрын
Thank you🙏🏻 I have learned so much from you. My uncle who wanted to start eBay, I shared a lot of your videos with him 😊
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I hope some of these prove helpful to you guys. I really do.
@paulahambrick6744
@paulahambrick6744 Жыл бұрын
Hi Scott! I didn't run away and disappear!! I haven't checked in , in a while. My full year Anniversary, full time on eBay is in January. Right now I have 315 items listed. Whew!! I am selling every day! It's working like a charm! It's all because of you and your guidance.! My goal is 500+ items. Thank you! One error I've made is the SKU..I have tubs, Tee Shirts by color, Indian Native Am large and small bins, misc, small items, woman's tops, fine China tubs.. I know this is going to get me in trouble.. but am not sure how to switch over. Have 100% Good Feedback! Also, when you sell an item, how and where do I find the SKU I've put in. I will put where it is, but can't find the SKU when I sell. This morning, I've been listening to you and learning. Inventory management.. Thank you so much for your guidance and help! Because of you, I'm a Happy, successful eBay seller! Paula XXXOOO
@TheChaChingKing
@TheChaChingKing Жыл бұрын
You are killing it!!! OK...and far as switching over your inventory system, just make one new tub...like A1. Then A2 etc....B1, B2. Slowly put all of the new things in those tubs. You will quickly make the tubs outside of that inventory system obsolete as those items sell and leave. Just don't refill those tubs.
@paulahambrick6744
@paulahambrick6744 Жыл бұрын
Thank you! I'll start doing that! @@TheChaChingKing
@KisnCozns51
@KisnCozns51 Жыл бұрын
Great info, Scott!! One of the nuggets that challenged me was "keep your business fit." Just as we need to care for our bodies so they will perform at maximum function, our businesses need to as well. There's a lot I need to do in both areas! LOL Thanks for the wisdom shared! Blessings! ~Wendy
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Me too, Wendy. I hope I don't ever sound like I'm doing everything perfect. Almost everything I know I seem to have learned the hard way. LOL
@foundbychance7777
@foundbychance7777 Жыл бұрын
As always - very valuable and useful information. Thanks for everything you do for the reselling community!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I appreciate that! I really do. I don't ever take kind comments for granted. Thank you.
@Seasidesalesfl123
@Seasidesalesfl123 Жыл бұрын
Authentic on point video. It is far more work then people realize and takes time to find your niche and refine sourcing skills. Thank you for affirmation that it’s okay to not list 50 a day and have thousands of listings! I want to stay small with better items.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I applaud the people that can find, list and sell 50 items a day. I really do. If that business model works for them, that's awesome. It will never work for us. It just won't. It isn't that we aren't capable of it. It's just that I never wanted to build a business around a lifestyle that I have NO desire to maintain. If I'm going to recommend people build their own business, the number one rule has to be to build a business that helps give you the life you want to live.
@normajeanplusone9772
@normajeanplusone9772 Жыл бұрын
Very helpful, thanks for sharing 👍🏻💕
@Barbaroso3819
@Barbaroso3819 Жыл бұрын
Thank you both! I’m only 2 months into this and working full time elsewhere but felt like I need to start now building a 2nd income for when I turn 65 in 1 1/2 yrs. You’ve been so very kind and helpful. I’m learning so much but after watching your “favorite sales” I now see this in a different light. ❤️ one question can your direct me to a video that shows me how to refund someone for partial shipping. Per your example! Buyer paid $22 and it only cost me $10. Thank you for being such a blessing to so many!!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
kzbin.info/www/bejne/h6W4h5mAd89li68 This video was for combined shipping, and I showed exactly how to make a partial shipping refund. Maybe it will help. Thank you SO very much for the kind words.
@vickiecaskey9797
@vickiecaskey9797 Жыл бұрын
Every time you two make a new video it becomes my favorite 😂 So much great info and truth behind the info. Im new to flipping, less than a year and can already relate to everything you just said. This is more work than an actual shop I had many years ago and it is no less work than the regular full time job I have now. I love it tho. A joke at home is how I love to ship my pants 🙄😂 oh, and the over buying! Boxes on top of boxes of unlisted inventory 🤬 Thanks for the lead on the Flipping Accountant, needed that. Thank you and the Mrs. again for all you do.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
We truly appreciate you being here. Thank you so much.
@MojoMama7
@MojoMama7 Жыл бұрын
Fantastic video! I've pressured and put myself down for so long because I'm slow at listing. Thank you for being the one of the very few who say just be you. It's such a relief to know there is someone else out there like me and still successful!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Remember, the world is full of people who are ready to put you down. Make sure you aren't one of them. You deserve better. You can do this.
@MojoMama7
@MojoMama7 Жыл бұрын
@@TheChaChingKing That's very kind! Thank you for the reminder 🙂
@downsizeduo
@downsizeduo Жыл бұрын
Great video!
@JulieSchaus-i2s
@JulieSchaus-i2s Жыл бұрын
Thank you SO much for all your help. I look forward to each video learn so much each time!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I really appreciate that. Thank you
@irisholdg
@irisholdg Жыл бұрын
Great video. Keep your infomation flowing. Great, sound advice!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I really do appreciate the encouragement. Thank you.
@vickiehanan5686
@vickiehanan5686 Жыл бұрын
Thanks Scot ! This was very informative !! Have a blessed day !
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you, Vickie!
@tammygerzetich3386
@tammygerzetich3386 Жыл бұрын
Thank you for yet another great video. Always enjoy watching and learning from you as I build my business. 😊
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you! I hope you find some of the content useful. :-)
@tericottrill2833
@tericottrill2833 3 ай бұрын
Thank you!
@Beardkingpicker
@Beardkingpicker Жыл бұрын
Always learning each day in my eBay business. Great video & tips . 💯 Agree with have a inventory system from the very beginning!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thanks for watching and commenting! The day I stop learning is the day I need to retire from this business.
@ALvatar3
@ALvatar3 Жыл бұрын
Great vid
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you so much
@ThisDadFlips
@ThisDadFlips Жыл бұрын
Great video Scott. I'm definitely guilty of a few of these but I'm getting better each day and I'm loving the journey.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I've been guilty of all of them. :-)
@broughttoyoubuy4590
@broughttoyoubuy4590 Жыл бұрын
So true!!!! I feel like you were reading my mind. Lol
@TheChaChingKing
@TheChaChingKing Жыл бұрын
THANKS!
@rustyrose3840
@rustyrose3840 Жыл бұрын
So much great info in this video, Scot. I've been selling on eBay since 2000, so 23 years, and I've had a very similar experience when it comes to changes. Of course we rarely like change, especially when you're used to how things work and you've got it down pat. But I agree that eBay is a stronger, more dynamic platform now than it was back in the day. Do they get everything right? Nope. But I do think they want sellers to succeed, because that's the only way that the platform will succeed. The truth is, eBay gives me a global reach that I would never have if I sold from a brick & mortar store or tried to sell from my own website.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I couldn't agree with you anymore than I do. The amount of eyes on our products is staggering when compared to what we could ever get trying to do this without the eBay platform.
@LoveMyRottweiler1
@LoveMyRottweiler1 Жыл бұрын
Hey Scot: Another great teaching video...after 20 years on eBay I'm still learning some thing every day...however one of the "MY" favorite things to do is shipping...yes I know not everyone really likes shipping, however once you master shipping it might become your favorite thing. The reason is once the item ships my work is 99% done. My secret>>>is to know how you are going to ship an item before you list it. In most cases (large items) I will pre-box my item once I have listed it, so its ready to ship the moment it sells, this way I know the size of the box and how much it weights so there is no surprises. You hit on many points that I have learned over the years...My favorite point is to list something every day, pick a number that work for you. Thanks again for all you do...keep up the great work.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Such a thoughtful comment. I truly appreciate it. I wish I knew a different way to phrase it so that it didn't sound so canned...but I truly appreciate it.
@deborahveryking6441
@deborahveryking6441 Жыл бұрын
This is very helpful! Cant wait to see the next videos!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you!
@hresulas4446
@hresulas4446 Жыл бұрын
Thank you for all the informative reselling videos you put out. I look forward to them. 😊
@TheChaChingKing
@TheChaChingKing Жыл бұрын
You are so welcome!
@farahonaa
@farahonaa Жыл бұрын
I'm in fear like your saying, but thank you for your words of wisdom 👋
@TheChaChingKing
@TheChaChingKing Жыл бұрын
If I can do this, you can do this.
@mac-be2me
@mac-be2me Жыл бұрын
yes, i need to delve into the business/tax part allot further , i do know a little but not enough. I have two phone numbers in my wallet that will lead to private pics just through conversations at local yard sales, its time to do just that as we sure have a way of procrastinating and that's never a good trait in business. Thanks for the lead on Justin !
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Justin is a great guy that I've met personally. Go get those private picks!!! I'm waiting on a call myself that could potentially lead to a new one. I'm BEYOND excited when I get those calls.
@Baker-m9y
@Baker-m9y Жыл бұрын
I like your attitude
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I appreciate that. Thank you.
@RosePetalFriend
@RosePetalFriend Жыл бұрын
Wow this video was really validating. Because I’ve been trying to speed it up and it’s taking the fun out of it. I’m so much of a perfectionist I guess I’ve been trying to fight against that. And I am learning what to buy the problem is I already had so much from past yard sales we’ve hadthat’s things I would not buy now. And it’s taken up all my space. I literally have no more corners that I can use lol
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I try to make videos that are real life for Melody and me... stuff we've really been through and learned. That's a fancy way of saying I have WAY overbought! 😀
@collinsonthemove
@collinsonthemove Жыл бұрын
Love this and all of your content, my friend!! Keep sharing your knowledge and helping us grow in our community 🤗
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thanks so much, Crissy! I truly appreciate you.
@Lirelivres
@Lirelivres Жыл бұрын
I’m planning on starting selling on ebay in January, and I’m terrified of shipping since I sell on poshmark and is so easy to ship. I’ve subscribed to your chanel and been watching all your videos, they are extremely helpful. Thank you!!!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you so much! Don't be fearful. It's harder than Poshmark, but it's much cheaper for lighter items. You could literally set everything to Ground Advantage and charge $5.99 under 12 ounces, $6.99 up to one pound and $9.99 up to 2 pounds. You may miss some, but not by much.
@deirdregeary-cordova9538
@deirdregeary-cordova9538 9 ай бұрын
@@TheChaChingKing This comment is SO VERY HELPFUL! In addition to your great video, that it!
@royc5936
@royc5936 Жыл бұрын
As a part time seller I don't have the pressure that comes with a full time sellers. We have been doing this for almost a year now, and may get more involved as we are a couple years away from retirement. We have always went to yardsales anyway, and just decided to start picking up things to resell since we were already at the sale. It's been a learning process for sure, but the number one thing we have come to realize sure it's work, but Ebay isn't that hard IF you live in a great sourcing area...thats the key. If you don't live in a good area to source you will have to drive to survive.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
It has been a great supplemental income.
@onlyluvisreal6691
@onlyluvisreal6691 Жыл бұрын
Extremely good solid advice ❤
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I truly appreciate that. Thank you.
@mrslehman3
@mrslehman3 Жыл бұрын
Subscribed! Great video. I can tell you put a lot of effort into it
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I really appreciate that. I'm fairly slow at editing. I try to do things well enough that the video doesn't get in the way of the information. I'm still working at it. 😀
@tonybrumfield4015
@tonybrumfield4015 Жыл бұрын
Im just starting out and ur videos are really helpful to me
@TheChaChingKing
@TheChaChingKing Жыл бұрын
This comment is literally the reason I make these kinds of videos. I truly want them to be helpful. So, your comment is very encouraging. Thank you.
@LannieLord
@LannieLord 4 ай бұрын
Don't make GOODWILL your Main source.
@RubeeMae366
@RubeeMae366 Жыл бұрын
Thank you Scott! You're always a big help!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I really appreciate that. Thank you.
@bresdad01
@bresdad01 Жыл бұрын
Great breakdown video for both new and veteran sellers. 20yr seller on ebay and youre right about the changes. I griped too but the platform has come a long way. International shipping via a hub is one good example. Still working on keeping the death pile down to a minimum :)
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I haven't completely escaped the death pile, either.
@nickx3869
@nickx3869 11 ай бұрын
Damn, another great video. As far as people complaining about selling on Ebay, I will take the word of a 25 year veteran, over any young 4 month noob. I am 4 and half years in, and I have had no issues having problems solved. What are your thoughts on International Shipping program vs Global shipping? If a video exists, I did not see it sorry. Keep up the great work sir.
@TheChaChingKing
@TheChaChingKing 11 ай бұрын
I put out a brief one when they were making the switch. In my opinion, the new program is far superior. Not ever getting returns or bad feedback is a major win.
@pamprier4710
@pamprier4710 Жыл бұрын
Haha! Yes, I suspect that we both saw the same youtuber. Or perhaps others are now also "claiming" to start over. But I spent 25 years as a single parent raising my 4 kids, TOTALLY by myself... so I learned to pivot quickly when necessary (physically as well as logistically, when I had toddlers underfoot! Lol.) All 4 kids have turned out to be very open-minded, contributing members of society. And now I'm able to pursue MY dreams. 😁
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Good for you! It has been an amazing adventure getting to complete reinvent myself after I retired. I feel like I'm just getting started.
@pamprier4710
@pamprier4710 Жыл бұрын
​@@TheChaChingKingHahaha! Me too! It's being fun, despite obstacles.
@LakeyWargames
@LakeyWargames Жыл бұрын
Fantastic points raised in this video! Thanks so much again for sharing your knowledge with us. :)
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Glad it was helpful!
@SM-ot7kb
@SM-ot7kb Жыл бұрын
Great content! I started in 2005 but only started taking my biz seriously 7 years ago. I’m guilty of a lack of inventory mgmt! 😑 not finding a sold item is THE worst! Now trying to get a system going now is taking a lot of time! I’ll rewatch! Thank you!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
We are practically twins. :-)
@SM-ot7kb
@SM-ot7kb Жыл бұрын
@@TheChaChingKing what is your eBay store name?
@TheChaChingKing
@TheChaChingKing Жыл бұрын
The account I use for creating the videos is ChaChingKing. I have some merch available there, but never really try to sell any of it. The account I've had forever is Oldschoolwear @@SM-ot7kb
@SM-ot7kb
@SM-ot7kb Жыл бұрын
@@TheChaChingKing I notice in some of your listings you use a “collage” of pics as your main photo. Do you use an ap to achieve this look? Thank you,
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I use an app called InShot @@SM-ot7kb
@Leishasenter
@Leishasenter Жыл бұрын
So true!!!!! We were so excited first week of sourcing since we found good deals. This week has been blah 😑 lol but I still love the search. Only in week 4 off selling lol 😂
@TheChaChingKing
@TheChaChingKing Жыл бұрын
It is addicting! LOL. Trust me, I know.
@katepickrum6976
@katepickrum6976 Жыл бұрын
Great video Scott. You always keep me positive ❤❤
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I really appreciate that
@robertcatalogna4700
@robertcatalogna4700 Жыл бұрын
You sir are awesome
@TheChaChingKing
@TheChaChingKing Жыл бұрын
That is so very kind of you. Thank you so much.
@DaniMaeAdventures
@DaniMaeAdventures Жыл бұрын
Just on your main account?! I have questions!!! How many accounts do you have? Are your accounts specialized for different items? What other questions should I be asking? Lol. Thanks for this! I needed a positive pep talk today 💕
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I have two accounts. I also helped my son open an account when he turned 18. I usually do his shipping, since I am doing mine at the same time. My son's account is his own. Mainly computer stuff. My main account is the one I opened in 99. We actually had another one right before that, but we bought on there more than sold. My last account is the one I use just to teach from. It has some of my merch on it, but I don't actively try to sell any of it. When I make a platform tutorial video, I use that account because it doesn't have a store subscription. That way, I'm not showing something that most of the beginning eBayers don't have. The thing to remember during down times is that someone, somewhere, is going to figure out how to be successful. Someone, somewhere, is about to hit their stride on eBay. And I've always thought, if someone else can figure it out, so can I.
@DaniMaeAdventures
@DaniMaeAdventures Жыл бұрын
@@TheChaChingKing thanks for this! That makes sense. The things you do and how/what you do is so obvious once it’s told but not obvious when you don’t know! So thank you for the unknown, easy, obvious advice/opinions 💕
@terrywilliams8585
@terrywilliams8585 Жыл бұрын
Another great informative vlog.. thanks again, Scott.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Glad you enjoyed it I really appreciate you.
@MommaBethsVintageMarket
@MommaBethsVintageMarket Жыл бұрын
Another awesome video!!! thank you for sharing!!!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you so much for always being supportive. 😀
@silverfoxfinance
@silverfoxfinance Жыл бұрын
Better items with high profit like a movie projector, machinery, music instrument, ect take time to test, research, photograph and write a detailed description. The 3 min a listing model doesn’t always apply. Especially for out of niche items. Why get less money on a listing just because you’re held to a time standard? Its variable at the end of the day
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Absolutely. I listed a vintage engineer's snake that took me about 3 hours with research and all included. Took a while to sell, but it brought $2700. 3 minute timeliness wouldn't work, and this was much more intellectually stimulating for me.
@silverfoxfinance
@silverfoxfinance Жыл бұрын
@@TheChaChingKing great example!
@patyeaman
@patyeaman Жыл бұрын
Another fantastic video, Teach! Concise and informative. A must see for anyone thinking about or just beginning an eBay business. Thanks for sharing.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I appreciate that so very much!
@metavinci427
@metavinci427 Жыл бұрын
So much interactive tech has become over featured and too predictive to be useful to most user. UI designer sit in a room wondering how can I reinvent the wheel. Discipline to be consistent is the cornerstone of most success at any scale.
@TheChaChingKing
@TheChaChingKing Жыл бұрын
And the interactive tech seems so incredibly devoid of character. If I'm watching KZbin, and it turns out it's all AI, I just switch it off.
@OGC37
@OGC37 Жыл бұрын
This was a great video. Excellent tips -Oliver
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Hey, thanks, Oliver! I really appreciate it.
@azcatz-sue
@azcatz-sue Жыл бұрын
Spot on Scot!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Thank you, Sue!
@stamperkt
@stamperkt Жыл бұрын
I've been on and off Ebay since the beginning, as well. I have always been able to list fast and get the items sold fast. Today, however, there is so much to add to the listings which makes my listing much slower (or maybe it's my 72 yo age? Ha!} Thanks for this info - very good, as usual!
@TheChaChingKing
@TheChaChingKing Жыл бұрын
It's not your age. LOL While it's improved, the item specifics has really been a time suck for me.
@LgIdaho61
@LgIdaho61 Жыл бұрын
Great video!! Thanks so much!!💙
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Glad you liked it!!
@melepauu7330
@melepauu7330 4 ай бұрын
Great video thank you
@TheChaChingKing
@TheChaChingKing 4 ай бұрын
I appreciate that. Thank you!
@ItWorks9412
@ItWorks9412 Жыл бұрын
LOL great advice! Thx for info on tax guy, i definitely need the advice. When i called 3 different accountants they said come back when you make over $30,000. I'll need to put in a lot more work for that to happen😊
@TheChaChingKing
@TheChaChingKing Жыл бұрын
I didn't mention it in the video, but Faith and Paul who have @MyResellerGenie & myresellergenie.com are awesome people. They are also resellers and Faith has a bookkeeping service.
@esmelovesvintage
@esmelovesvintage Жыл бұрын
Hi Scot 🎉 bravo on this list of 10 and you’d think after 5 years of hobby reselling, I would have LEARNED all these. Alas, I still overbuy and I buy profitable stuff that I hate listing so there it sits 😹😹
@TheChaChingKing
@TheChaChingKing Жыл бұрын
Lol...all of these are on here because I've learned them the hard way.
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