I love the whole concept of this video. I was a young, stay at home mom who couldn't risk the family money to see if selling online in1998 would be profitable. I took $20 and bought my first inventory. I took the $60 profit and bought new inventory...and then too $150 profit...and then took $600 profit by the end of the first month. Back then I did auctions that started at .99 so I had a 100% sell through rate. I would have loved the bins back then. This is a wonderful message for young moms with little time and a little cash. ❤
@clothcrazedmomemily47433 жыл бұрын
This is exactly how I started reselling 2.5 years ago. Never went into debt. Never took money from our budget to make money. I was so excited when a pair of shoes I got free in a giveaway sold for $20. All profit and a decent chunk of money to invest in my business. Now I’m helping supplement income for our family ❤️
@theresakralik18203 жыл бұрын
@@clothcrazedmomemily4743 I love your story!!!
@ceejay89813 жыл бұрын
I was a young, stay at home mom and started selling in 1998 too! I sold vintage hard goods and made a lot of money!!
@theresakralik18203 жыл бұрын
@@ceejay8981 It is a great life!
@Chicago483 жыл бұрын
I use Crossroads/BExch/TU as the last resort. When none of the clothing is getting views or sales.
@rebecksterss46213 жыл бұрын
Great video! Yesterday I took 23 items from my own closet (not worth listing on Poshmark) and things I've picked up at the bins to Crossroads and Buffalo Exchange (in Portland). Both stores took 7 items each and in trade I made $84 at crossroads and $66.50 at Buffalo Exchange! I used the credit towards things to resell! This will be a new way to source for me! 😊
@ChiquitaFLeak-zf7ol3 жыл бұрын
It’s one of my most successful ways to find higher quality items and to get rid of bad buys or slow selling items
@rebecksterss46213 жыл бұрын
@@ChiquitaFLeak-zf7ol I've noticed that too! I've found some amazing things, a lot I'll send to The Real Real.
@nancifeist22873 жыл бұрын
Yay! I love when NEW Mogi Beth videos come out!
@MogiBeth3 жыл бұрын
Thank you so much Nanci Beth!! 😄💗
@angelameeker93752 жыл бұрын
Yes! I find things to sell online in the process for a substantial profit
@erindobson14293 жыл бұрын
i manage a consignment store in MA…if you have an eye for unique, fun, current pieces you can def make a lot of money off of consigning 🤩
@resellersdictionary56163 жыл бұрын
What part of mass?
@erindobson14293 жыл бұрын
@@resellersdictionary5616 uxbridge!
@thriftytiffresale3 жыл бұрын
I am an owner of a consignment store, and I also do Poshmark on the side. (I LOVE your channel and all of your business-minded concepts, by the way!!). Just wanted to share from an actual consignment store's point of view if this is helpful! First off, I do not have the buy/sell/trade business model, per se, such as a store like Crossroads, I mostly take clothing items in on consignment, then when the person's item sells, that is when they make their money. Pre-COVID, we were accepting clothing one day per week for cash or trade, but have not returned to that model yet. That being said, I have a couple of consignors off the top of my head, that do this type of buying/selling strategy (as well as myself, of course!). One in particular consignor goes regularly to the bins and brings her items to me to consign. On a regular basis, she makes about $500 per month PLUS anything that I don't take, she then takes to the other consignment stores in the area or sells them herself at an indoor "flea market" type booth. Since she started doing this, she has been able to scale back at her regular job to only two days/week and she is thrilled!! Oh how I wish I would have known about the bins when my kids were babies and I was trying to be a stay at home mom! I do love my business, though, and now that I have discovered selling on Poshmark with any store-owned or sourced myself items, I am doubling my profits every month! Thanks again for your channel, website and all the information you give!
@thriftytiffresale3 жыл бұрын
@Abby Holdren Sure! @refashionmedford on Instagram
@boskor77542 жыл бұрын
Hello from Perth Australia , great concept .. keep it that way
@jodieh79423 жыл бұрын
Well that was a fun experiment. Thanks for another informative video. I did not even consider going to a consignment store for my inventory that isn't moving.
@nuellaluther39073 жыл бұрын
Very helpful and will work for my personal situation! I don't have bins but do pretty well in Church Thrift Stores.
@clothcrazedmomemily47433 жыл бұрын
I’ve seen others who go to the bins and buy things for both reselling and consignment. They aim to get back everything they spent total at the bins through consignment so that everything they get from reselling is all profit. If we had a local bins, I’d totally follow this business method.
@Chicago483 жыл бұрын
I use Crossroads/Bexch/UT as the last resort, when one of the clothing online is getting views or sales.
@DizzyyLizzyy3 жыл бұрын
90% of the stuff I get at bins goes to a local buy sell trade store I have in my area the rest on mercari which is mainly the stuff I know sells like vans, Victoria secret and use mercari to make my money back, the BST store gets the basis stuff like you can find at Ross or forever 21 and that’s all just pure profit :) Also occasionally sell to the real real if I find brands they take so there’s that as well as thredup for clothing donations people give me and stuff that doesn’t sell for me So I’m always having ways to get money for something
@beckygalante62163 жыл бұрын
Great video as always! This offers incredible perspective. There is also value in the time it takes to photograph, measure, list, cross list and then SHARE an item a zillion times on Poshmark to account for. Plus then to package, ship, etc. There is definite value in the time and sweat equity invested in listing something yourself vs the quick flip model you outlined here.
@resellersdictionary56163 жыл бұрын
Is it wrong that I wish there was a daily Mogi video?!!??! The fans need more lol!
@madsc71273 жыл бұрын
Love love loved this video!!
@karenbenson46393 жыл бұрын
This was really fun. I hope you do more!
@theresakralik18203 жыл бұрын
Great idea to check out your local consignment shops and see what they are looking to buy!
@Authenticallybritney3 жыл бұрын
LOVE following you Mogi Beth! I have learned soooo much! Thank you! I have done ok with a similar stradegy! I shop for the .50 - $1 pieces at our really cheap rural thrift stores (do not have a close goodwill or bins) and look for specifically name brand shoes, jeans & dresses! Will also pickup blazers, sweaters and tops but I have had way less success selling those! I have gotten $120 out of about $40 worth of stuff I bought, they definitely have not taken everything I brought them either & I may end up having a yardsale to move a bunch of stuff I bought before researching much : name brands but unpopular styles - plain Ts or most uninteresting shirts in general do not do well for me online. Didnt get any lululemon or madewell, but I did find a free people dress & some eileen fischer! some amazing shoes for .50 a piece! really happy with the shoes
@pamelacuyler40133 жыл бұрын
Wilt is also sold at Bloomingdale’s.
@debbyd57293 жыл бұрын
I wish I could buy per pound. The San Diego bins don’t charge by weight but by piece and the deal we’re given is 15 clothing items for $22 (so, $1.47 each) bit of you can’t find 15 items, then it’s $2.25 for men and women’s clothing (minus jackets). Our Goodwill Retail prices here is pricey: anywhere between $6 and $15, depending on the item. And the retail stores don’t do color tag sales like many other places. 😕
@emmafassler3 жыл бұрын
Hi MB! I LOVE the concept of this video, so fun and informative to watch! If you enjoyed it too, are thinking of making more like this - please do! ❤️
@barbibarnum3 жыл бұрын
Loved this experiment! Hope all is well with your family.
@straightedgevtg3 жыл бұрын
You have NO IDEA how many times I have been prepping an item (from the bins) and gotten a whiff. Haha, I always have the same reaction that you just did! It all washes out, but the quick flip is always the most satisfying!
@MrsTadeo-mi1cb3 жыл бұрын
I love this video! Trying out the same thing because I don't have the time to resell online.
@bethinthe3053 жыл бұрын
That was a fun video. I liked all the #s info! And as a hobby what fun!
@terriegrice60433 жыл бұрын
I have that same red floral dress. It's a cutie
@kimikobaylor92133 жыл бұрын
This video was a nice change of pace. Really enjoyed it and will consider consignment now!
@nicolee39963 жыл бұрын
I love this type of experiment! Thanks for sharing your experience
@amylyons45293 жыл бұрын
I’m really enjoying your videos; they are so helpful and informative. I heard on a recent video that you have brought a social media expert on board. That sounds great! One idea might be for her to do an edit of the videos for a quick grammar check before listing. Keep the great videos coming!
@VaniAllen3 жыл бұрын
Thanks for doing this experiment. I have so much unlisted inventory that I’ve been thinking of alternatives like this bc my storage space is pretty much full. I want to do some research on Thred up to see what things they mark up that might be worth sending in. I wasn’t really thinking you could make money off consignment stores bc I’ve seen other resellers get about $2 a piece but this got me thinking that it really depends on the kind of stuff you take (plain v. Trendy) I’m going to try and take some trendy stuff see how it goes. Wish me luck!
@ChiquitaFLeak-zf7ol3 жыл бұрын
Check out Nikki Beauty and Rebecca the reseller for thred up videos
@savannahferran96643 жыл бұрын
This is a great experiment! I definitely think this is more viable option if you are doing it in conjunction with reselling to maximize your time to increase your hourly rate.
@dshanley18083 жыл бұрын
Thank you for this informative video. It all looks like a whole lot of work for very little profit. I would much rather thrift for items that are likely to sell for $50 or more on Poshmark without all the extra running around. There's always lots to find in the $50 selling range if you know what you're looking for and thanks to your videos, I know what to look for.
@teresawhite94133 жыл бұрын
Love this info!! My GW marks FP up so high a lot of it ends up at the bins. I would have kept the Swiftly lululemon tank to sell because they do great.
@bittersweetsouls65823 жыл бұрын
If your driving to these locations it's a good idea to take gas into account in the cost as well.
@redcliffsclosetresale3 жыл бұрын
Also, adore your NASCAR tee!
@the_caffeinated_hustle3 жыл бұрын
Super exciting and informative video! Love watching your videos!
@MogiBeth3 жыл бұрын
Thank you so much!! Makes me so happy to hear ☺
@jheiland22163 жыл бұрын
this was a great idea, thanks for sharing -- my only comment would be a hell no on sending things to thredup, I have had such bad experiences with them of late and wouldn't recommend at all
@patsystone88883 жыл бұрын
What a great idea for a video! Love this
@TigerLoveandBeauty3 жыл бұрын
Such a fun video! As a teacher during the school year, this might be an effective approach for me!
@kaseys74333 жыл бұрын
Love the video. Also love your NASCAR shirt. I don’t think I could pull that off but it looks cool on you!
@ChiquitaFLeak-zf7ol3 жыл бұрын
Another good video. Great experiment. It remind me of the one talking roots gif with buying/selling shoes for 30 days. This may be a good option for people starting out that don’t have or want to invest in inventory.
@justdodo53173 жыл бұрын
Thank you. You have no idea how apropos this was for me. I've gotten over my head in inventory and I'm tired of trying to process it. A lot was purchased before I had figured out my business model and I just wanted it gone. Preferably with a profit. My cog is really low so I shouldn't lose money.
@denisegruber75273 жыл бұрын
I Love this video!! 😀 please do More!!!
@zelyblue3 жыл бұрын
I love your videos thank you for sharing I learn so much from you!
@ritafetner95993 жыл бұрын
Love this idea!!
@pinkpeonies20243 жыл бұрын
I think it was fun to see and a great experiment. With that being said, I don't know that it would be viable everywhere since obviously some places do not have Goodwill bins and others just don't really tend to offer anything great in terms of brands ~~ in the times that I have personally gone to the bins I have tended to only find bread and butter brands (not that those don't sell but I would not think that the profit margin would be great in terms of the time spent digging through bins and then having to come home and steam and prep items to take to a consignment shop). Also with gas being $3 per gallon locally, if I am driving to get to the bins and to the consignment shop (in your case, multiple trips), that expense also needs to be factored into the overall profit. With all of that having been said, I think it definitely was a fun experiment and I agree that it could be a great way to make some extra cash if you didn't want to spend the time doing all of the steps necessary to sell on an online platform or if you didn't have a lot of space to house your inventory while waiting for it to sell.
@heysheena3 жыл бұрын
Really enjoyed this video. Thumbs up!!!!
@amazingvictory52243 жыл бұрын
Omg loved this one. You have great info.
@kheilakirwan84033 жыл бұрын
You are so fun to watch.
@Cecenjaelyn3 жыл бұрын
Awesome video, loved it.
@caligirl57953 жыл бұрын
Love the concept for this video. I'm actually currently out of town to be with my mother who had a heart attack while on vacation. This may be a fun way to make a few bucks since I can't list new items and I've already been thrifting here and there.
@theresakralik18203 жыл бұрын
You can list. Look at ties and lingerie and similar light weight items that take up little space. I travel with a shoe box full of jewelry and list on the go. Shipping is easily doable as well.
@redcliffsclosetresale3 жыл бұрын
I love this vid concept so much!!❤️❤️❤️
@TheGratefulQueen3 жыл бұрын
This was a great video idea! So interesting. thanks! Quenby at The Grateful Queen
@ceciliafelix61343 жыл бұрын
Love these videos!! Thank you for making them 💗
@desireedegenar61103 жыл бұрын
FLYP is also a great online consignment option.
@michellefinley59933 жыл бұрын
Good info. Thank you!
@cindyhixson98913 жыл бұрын
Thanks Mogi! Love this video! I've wondered about selling to consignment stores. You answered all of my questions so well! Love all of your videos! Thanks for your valuable contribution to the reselling community! Cindy in Wichita The Polished Petunia on Poshmark
@eyelettdreamsreseller31843 жыл бұрын
Hot! Thank heavens for air conditioning. Fun video, thank you! 👌😊🦋
@rjhicks46313 жыл бұрын
Great information in this video 😀
@atkinsintexas3 жыл бұрын
Love this video. Thank you! It can be a nice additional revenue stream. Many ways to tweak it to make it more worthwhile, as you say. I love reuse, recycle, rewear! From down here Texas: hydrate in that heat and stay safe! I've learned so much from you, and continue to. Thank you!
@GourmetFood4u3 жыл бұрын
Hi Mogi, how are you able to shop in a bin with no else in your been? In Fort Lauderdale, it's so disgusting and a battle for items. Are there special rules were your at or just slow? Thanks for your contribution!
@christinaelder66553 жыл бұрын
I always get light headed and anxious in thrift stores or big stores like Walmart and Meijer.. so weird
@mrandall19863 жыл бұрын
how come you wouldnt have picked those mother jeans up at a regular goodwill? just curious. :)
@ginamarie55753 жыл бұрын
Sounds like me everyday in the summer here in north Florida 🥵 no more mask life here tho thx god 🙏 but I still only can thrift for up to 2 hrs total a day . 😓 I get light headed and sick of it lol 😂 that’s the job part of it ;)
@rachelclarke90693 жыл бұрын
I’m in fl also and last time at the thrift I got dizzy and felt like I was going to pass out lol. Now I’ve switched to online auctions! Checkout Florida HiBid 😃
@ginamarie55753 жыл бұрын
@@rachelclarke9069 hey thx I’ll check it out !! 💕
@jonespilates3 жыл бұрын
What about gas, electricity at home(streamer/light) and time?
@hilarytorres53613 жыл бұрын
I loved this one! Do you ever come up to Clark County?
@emilyhope77213 жыл бұрын
Minimum wage is 12.50 in NY!
@GoinCrackers3 жыл бұрын
Hi, Beth! I live in Portland, too. It was SO hot! Do you ever get anxiety when trying to sell at consignment stores? For some reason I feel judged when they don’t want my clothes lol. Edit: loved the video as well, thanks so much for sharing! I hope your family is okay.
@audreywoodside59643 жыл бұрын
You are super smart😃
@aiccorp60013 жыл бұрын
does steaming your items remove odors? Do you attempt to get rid of small stains or just disclose them? Thank you
@Sharona34623 жыл бұрын
Hello! I apologize if you've answered this a million times, but do you wash everything before steaming and selling? Thanks so much! Love your videos!
@kathleenbond95393 жыл бұрын
Do you was the clothes they might smell from being in the bins
@WonderKitty243 жыл бұрын
Do you find that one consignment shop pays more for your items on average? Or is it, like you said, mostly based on the buyer?
@luxedoll1663 жыл бұрын
We pay $2.49 in los Angeles..
@022562sb3 жыл бұрын
What kind of steamer do you use
@bajacowgirl32283 жыл бұрын
Do you prefer Crossroads over Plato's? Is their payout better?
@ITSHProductions3 жыл бұрын
Am I the only one that had to Google, "What does call an audible mean" 🤣
@thebutterflyboutique3 жыл бұрын
hi thank for making this video is informative to someone like me just started on this reselling journey.
@grenbaygrl13 жыл бұрын
Ok but please don't take clothes from thrift stores just to resell them. Families in need are having a harder time buying quality clothes they need from thrift stores because resellers cause the prices to go up
@dana44ism3 жыл бұрын
HOKA'S??
@ITSHProductions3 жыл бұрын
Over 100° with a mask 😷 That West Coast politics are rough. 100+ with humidity, but no masks... so cannot breath, air is so think
@ginamarie55753 жыл бұрын
Taking to a consignment store is a Last resort for me because they give you almost nothing for your things 😔 , they are hustlers just like us lol 😆 so sell online for more if you can ;) it’s good for a death pile that doesn’t have very good brands in it ;)
@MadelineTheFashion3 жыл бұрын
Agreed. Certain brand like BCBG, Chico's, etc. don't perform well on poshmark despite the high retail cost, but they do well at my local consignment stores. It's all about knowing which brands perform well where.
@MadelineTheFashion3 жыл бұрын
Oh, I wanted to share a tip I heard - instead of calling it a "death pile", call it your "opportunity pile". Because who wants opportunity just laying around, right?! Seriously, I got into the habit of seeing it as my opportunity pile and I swear it changed my whole mindset and motivated me to fix the flaws and list them. 🙂 best of luck.
@ginamarie55753 жыл бұрын
@@MadelineTheFashion yes 🙌 totally agree , I don’t have a pile . I believe in only picking up quality that will sell high , not little stuff anymore that won’t move . I keep my selling closet under 100 items . Makes it easier for me ;) I know this is not the norm . Lol, it’s all trial and error, constantly learning …..it’s always changing just like trends and brand 🤦♀️ good luck to you too ! 💕
@Zephyr8283 жыл бұрын
Curious what 'Mogi' is? (means?)
@Zephyr8283 жыл бұрын
??? No one knows?
@maddiepalooza73223 жыл бұрын
Does crossroads or Buffalo have a limit to how many time you can sell?
@MogiBeth3 жыл бұрын
Hi there! I know Crossroads does not, and I imagine Buffalo Exchange is the same!
@missmeli57803 жыл бұрын
You forgot to mention the gas you spent going back and forth. Gas isnt free.
@lindalaffan9493 жыл бұрын
Stay cool. I’m sure it’s hot.
@Chicago483 жыл бұрын
$39-16 = 23. Maybe I didn't understand you.
@bittersweetsouls65823 жыл бұрын
NOPE, most expensive bins ever Toronto Canada at $3.79 lbs
@grenbaygrl13 жыл бұрын
Thrift stores are meant to help struggling people in need get the basic goods they need to survive. Trying to make money off of donated goods just drives up the prices
@dressedfortime3 жыл бұрын
Basic goods don’t generally include designer dresses, etc., but regardless, the items at the bins didn’t get sold in their stores and the next stop after the bins is either a landfill or another country sold by the bale as textiles. The rubber from the soles of acceptable shoes goes towards making the “dirt” at playgrounds. Shopping at the bins for clothing is actually helping the environment and giving life to items that would otherwise in some way be discarded. Thrift stores are more so meant to use the money they collect from selling peoples donated goods and give it back to the community and those struggling. I’ve never walked into an empty thrift store, and that’s because they frequently have an abundance of inventory. It’s solely up to the store as to what they charge for items, why would someone buying things to resell have any affect on what they charge? If a thrift stores mission is truly to clothe the struggling, they would keep their prices low/consistent regardless of who was buying.
@Melycast33 жыл бұрын
Thank you for the video! I cringed every time you put those clothes and bags on your bed before even steaming the clothes....