I’ve had an eBay account for around 23 years 😮 that’s where I made my money back in the day!

@AA-li2nu

4 ай бұрын

I would much rather buy a crypto gift card from eBay with my credit card 😁

Old af Boomer Profit here. I’m a new seller, about six months in at this point. Enjoyed the video, liked and subscribed. Make That Money

Just starting to investigate the process, my brother has pushed me to start the store because I have the inventory to go for months. You have run through the basics efficiently, effectively, and thoroughly. Thank you!! Subscribed, liked, and will watch your videos!

@MillennialProfit

4 ай бұрын

Thanks so much for the kind words, glad to have helped!

Thanks a lot Adam, I’ve learned a lot from you 💪🏼🥰

Another great video, as always. Thanks for always providing great content Adam.

Excellent absolutely excellent content and value. Thanks you!

As always!!! Wonderful information. Great refresher even if youve been selling for some time! Appreciate all you do for the community and for me, my business, and my ministry :)

Wow! Data driven and to the point info…thank you!

Thanks for helping other learn the reselling game!

Dude thanks for this video, God bless

2024 we up!! consistency is key.

Fantastic video. Concise and to the point. Thank you

Thanks Adam. Very informative video. I am on the cusp of starting to sell on eBay, watching many videos to compare & contrast. You are by far the best I have viewed. It seems you know all the questions & fears us beginners have as you addressed all my concerns. 👍🏻

@MillennialProfit

4 ай бұрын

Glad to help!

Great summary, thanks! Even with some experience it's good to review the basics. I'm slowly scaling up selling mostly things I own and stuff I picked up to flip but never did. It really is better just to list one item per day (up to 5 if you can be consistent) rather than 5-10 one day and then days off with 0. eBay wants to reward consistent, reliable sellers and regular listing is a metric they look at. Despite the small my sub-20 listings so far, I've been selling 1-2 items a week for a month. Factors in my favor include selling desirable items, providing 10+ good photos (for expensive items), providing a description (amazing how many sellers don't even bother, use AI at least and quickly proofread it) and being willing to tweak the price to encourage sales.

Great video as always Adam. One question... If you get a sale to let's say to Hawaii or Puerto Rico do you just eat the additional cost to ship?

@MillennialProfit

6 ай бұрын

Anything over 1 lb I turn HI, AK, and PR off. I have a business policy for that setup so I can just apply it to those listings when listing

Adam in every video "please for all that is holy don't keep the discount tags unless you want bad feedback" 😂😂😂

@MillennialProfit

4 ай бұрын

Literally 😭😭

Regarding selling limit for a new eBay account, can you bypass that if you go straight to signing up for a store? And if not, will it allow you to bank a ton of drafts for later?

@MillennialProfit

6 ай бұрын

No the store doesn’t affect your selling limit, it only increases your free listings. Has nothing to do with seller limit

🙏❤️

Would you ship a video game, ground advantage?

@MillennialProfit

6 ай бұрын

Yes

Adam could I also use Zik Analytics to get Sell through rates for my items?

@MillennialProfit

2 ай бұрын

I wouldn’t. It’s a waste of money. You can pull all those numbers from the ebay app

@keredgilmore

2 ай бұрын

@@MillennialProfit you’re one of the best! Appreciate it!

I need a quick response lol, should I make an individual seller or business? Looks like it’s asking for an LLC when I choose business..

@MillennialProfit

5 ай бұрын

Then do individual

Should’ve gotten GeorgeBay as a guest he’s a real pro😂

@MillennialProfit

6 ай бұрын

😂😂

oh you except returns . eBay will force you

@MillennialProfit

6 ай бұрын

Like I said I turned them off so I only have to accept them if they open for not as described or damaged. Any other reason I can decline.

@MisterMagnificent

5 ай бұрын

I lost money because of this. The buyer lied and got a refund. I had to pay the return shipping.

What's the difference from Business or personal account when setting up an account?

@MillennialProfit

5 ай бұрын

Ones a business under an EIN, the others personal under a SSN. Doesn’t matter which one you pick

@midnite1235

5 ай бұрын

@@MillennialProfit Can you have one or more of each?

Hello Adam . Please tell me if, for example, I want to start selling only new sneakers, buying them in various stores, such as Burlington, Ross, etc. at discounts, is it more profitable than buying used goods? In general, is it worth starting sales with new products? Does selling only new products bring more results and income than used ones, considering that I am still just a newbie on eBay. Thank you.

@MillennialProfit

6 ай бұрын

As I mentioned in the video I would start with used goods because you can build up much more inventory for cheaper with way less risk. Newer items are like the stock market and fluctuate up and down so it only takes one Ross item to tank on you to mess with your profits. That’s why learning the markets with used goods is the way to start

@natagertsen318

6 ай бұрын

@@MillennialProfit Adam thank you very much for your answer. Please also tell me, before I start putting up my listings, do I need to make some purchases on eBay myself, is this important to start my sales? And is it worth using the Promoted listings option so that the product is promoted a little right away, or at the beginning of the journey not to take any such measures, just put up listings on a daily basis?

@MillennialProfit

6 ай бұрын

No you don’t need to buy anything. And just start listing daily if you can. As for promoted listings, If an item has a lot of competition I’ll promote at 2%. If it has a fast sell through or not much competition I don’t promote

@natagertsen318

6 ай бұрын

@@MillennialProfit Thank you very much Adam for the quick replies.

I'm recently unemployed and gonna start selling stuff. Prob have about 100 listings worth of stuff in my house. Idk how well they'd sell tho. Do we really need the polymer bags (I think that's what you mentioned) our first time? Seems like a later business supply investment. I watched another video about a guy selling, he used free cardboard boxes and bubble wrap. Some of his boxes he had to customize to fit the product.

@MillennialProfit

5 ай бұрын

Save all the packaging you get in the mail. I reuse boxes and polys all the time. Also polys are super cheap that’s why I recommend and use them

@andrewwashere82

5 ай бұрын

@MillennialProfit Recycle my mail, ha. I like that, keeping more trash out the landfills. Good to know, thanks.

Hi Adam! Very informative video! I am a new subscriber!!! Quick question. I have $3k to start buying small RA items at thrift stores, etc. My goal is to NET $15,000 a year, as a side hustle. I have plenty of time to devote to finding merchandise to sell. Do you think this is a realistic goal? Thankyou!!! 😀😀😀

@MillennialProfit

5 ай бұрын

Definitely. Try to emulate what I’m doing in my flipping from zero series hitting up thrift stores and liquidation bin stores. Those are the best ways to build up lots of inventory, fast and cheap.

@midnite1235

5 ай бұрын

Thank you!!! That’s exactly what I am going to do! Can you give me just a ballpark estimate on Net profit margins After cost of goods and fees etc? I appreciate your help and time!!!

@MillennialProfit

5 ай бұрын

That completely depends on what you source. I try to go no lower than 50% margins but with bins/thrift stuff you’re going to be looking at 300-400% if you’re sourcing the right stuff. That’s a very open ended question with a lot of variables

@midnite1235

5 ай бұрын

@@MillennialProfit Thank you again! I am excited to find some great deals with big profit margins! 😀😀😀

So, I can list 10 items PER DAY?? As a NEW seller? Did I get that right? I don't want to break ebays rules. I need to understand their guidelines. TIA

@MillennialProfit

Ай бұрын

No its 10 items total til they raise it. Dont worry they won’t let you list more than that, list til they tell you you cant

Thanks for your guidance. As you list the same items on differnent platforms there is a risk of selling same items at the same time ,how do you avoid this.

@MillennialProfit

2 ай бұрын

I only crosslist items I have multiple of. Anything I have one of I just list on its best platform.

@essammurad8098

2 ай бұрын

Thank you Adam.