The 5 Levels of Sourcing - From Beginner to Pro
Ойын-сауық
This is the biggest change that happened in my business that took things to the next level. Here are the 5 levels of sourcing to help get you there.
Also, I guess we can't post the poll. Go to our community tab to take the vote on what level you are, OR comment below!
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Пікірлер: 101
I would definitely love to see a video from you sky guy about online marketing I think it would be great to learn from you guys.
Thx for the shout guys!! Master class on leveling up. Appreciate the info
Level 3 with vintage Girl Scout items.
Great video. Thanks boys. Currently just bought-out my first store - a close friend who just retired. Warhammer, D&D, and Pathfinder products. I'm swimming in inventory now and am very excited about the future. Building connections have been a big thing for me this year. I always aim to be transparent and generous in purchases that could lead to connections in the future. Thanks for all the content!
Make that video, Sky-Guy! Would love to hear your expertise on marketing for your small business/reselling enterprise. Also THIS VIDEO IS EVERYTHING. One of the more underrated channels on all of KZread is the CATRP Crew. Thanks fellas!
@christopherthomas9355
Жыл бұрын
Also, currently between levels 2-3 This year I would love to go back through and truly master each level first before scaling further.
I've always been blessed having pawn shops in my area that DON'T look up values on ebay and flat rate price their older games. Switch games are the only ones they price pretty high, but they used to be $10 flat rate just like PS4 and Xbox One games...anything older than PS4 and Xbox One is cheaper than $10 no matter what the title..cartridge games are ALWAYS $2 each. Well yea!
I'm a part-timer and do this just to fund my own collection or get my hands on some really cool games. I am Level 1 but I'm mostly browsing through local classified apps like Marketplace or Kijiji (Canada). These apps are extremely competitive because people will try to snipe good deals. I want to start leveraging other means to source and the most obvious one is garage sales. How do you find garage sales. I can only ever find them on Facebook Marketplace which as I mentioned before is very competitive.
I pretty much only source from online auctions. really helps save alot of time and allows me to list more instead of driving around
Not only do you run your business amazingly but you love sharing with your followers! Appreciate you chase and your team!
@catrpcrew
Жыл бұрын
Thank you so much!
I am currently at level 2 and plan to stay there. I do this as a great side hustle while I pursue my main career, and I wouldn't have it any other way. Love your guys content, love learning the business, keep it up!
Deffo would love too see that video sky guy with the power of social media 👍 Would say I’m currently at level 3 but have dabbled with 4 when doing Amazon FBA
Great videos guys. I would say we are level 3. We often buy collections and they also often come to us now. Keep up the good work
I would say I participate in level 1 and 4 the most. However, so many online auction houses have no clue how to ship items and it is getting frustrating receiving damaged items when the margins are already slimmer than garage sales.
By far the most helpful video for us video game resellers, thanks guys! btw ive always been a level 1 and i went straight to level 4, i really need to gain more exp points to level up to level 2 soo i can master my skills and upgrade to level 3. Need to save more coins along the way then level 5 . Here we come!!!
I’m a level 4 Pokémon, hearing this explanation made me remember how I got there. GJ guys
Between 3 & 4 , hopefully to 5 soon!
I would say levels 1, 2, and 4. I flip sports cards, and find my best deals at card shows near the end of the day.
Good advice. Lowball if you want to stay at level one and two for the rest of your career and you want those people you lowball to not only never contact you again but to tell all the other sellers or businesses around to never deal with you.
@catrpcrew
Жыл бұрын
Agreed
I would say I am level 2 and dabbling in level 3. I would like to be a solid 4 by the end of this year.
I went from level 1 to level 5 this past year. Such a good year. Just need to be friendly with people
@catrpcrew
Жыл бұрын
you've put in the work like not many have!
In between 2-3
Very helpful video guys! Reevaluating my sourcing strategy
I'm sorta at level 2 and want to end this year at level 3. Right now I'm in the middle of relocating but the area I'm in is great for a ton of level 1 stuff. Thank yall for your informative videos. Hope to join the discord soon. Keep up the fantastic work yall.
@catrpcrew
Жыл бұрын
We hope to have you join soon. Thanks for watching!
Shopgoodwill is very iffy when it comes to video games. most if not all their auctions go above market value. Plus you have overpriced shipping on top of the sale price. I'm just doing this as a part time side hustle but have learned so much from you guys. Like you said you get more buys if you pay up, I've started to offer 60% of market value for games/consoles. I'm ok with only making 10-20% profit. IU must say my area is tough to find games, older games that is since I'm in a part of the country where most people that moved here sold a lot of that before they moved.
When sourcing for my store, I had a lot of luck bulk buying from whatnot sellers. In addition to buying strategically, sometimes you can also ask to buy all of their unsold games at a discount at the end of the feed.
This is spot on, I pretty much took the same route as you, and have hit all 5 levels of resell for several years now. And your right a reseller will only reach this through integrity and getting known as someone that pays well, in fact to build relationships it helps to be able to pay more than you would like too sometimes to get more relationships. My goal for 2023 would be to buy a major collection, and for me that would mean a massive record collection or store buyout :)
@catrpcrew
Жыл бұрын
Nice!! I hope you find that collection
at 2, would like to be at 3 and getting into 4 before the end of the 2023
I enjoy you videos, very nostalgic for me to see all the games I used to own
Currently level 2 but have been to level 3 before. It's really all about time. Can easily work part time in the first two levels but level 3 requires more effort. Good videos guys!
Another local place that is often overlooked: Antique stores/Antique Malls. There is a perception that everything in Antique stores has been looked up and priced at ebay prices. Not true. A good chunk of the people who sell at Antique stores are your "true" antique dealers: Glass Wear, Furniture, Decor, stuff from 1950 and older, so the "Newer" stuff often slips through at lower prices because the knowledge isn't there for them. I've been finding quite a few underpriced items lately that I know the sellers were not able to comp and just threw a price on. Plus a lot of times they will put together bags or boxes full of smalls for a cheap price because they don't want to do the work. I picked up a box of antique Milk Caps for $10 and have been selling them for $8-20 each. (slowly, they need to wait for the right buyer). Also things like Matchbooks, ephemera (old maps, postcards, etc,) usually sold in lots for cheap. Recently I bought a bag with about 10 old kids erasers marked at $2. Among them were some 60s Cereal premiums and Frito Lay premiums....I sold 4 of them for $25-50 each. Plus a lot of times booths will run 40-50% off sales to clear merchandise, which is a great time to cherry pick the good stuff for ebay.
@catrpcrew
Жыл бұрын
Great tip!
Currently sitting at level a level 3 but have dabbled in level 4. I mainly specialize in Video Games and Toys to life (Skylanders/Infinity/Amiibo) and have been a long time subscriber of the CATRP Crew! Always looking to learn more and your videos have helped a ton! Cheers!
I'm between 1 and 2. Started in April and can't wait to hit the 1 year mark. In 2023 I'd love to at least double up where I'm at, and get my feet into Amazon. Going to be a good year!
Sitting at level 1&2 but would love to get to 3 this year. The winter months with no yard sales hit my business hard.
Currently in between Level 1 & Level 2. I'd like to Master Level 1 & 2 this season. And I'd like to dabble in Level 3 this year as well!!
Great video and very informative. I do 1, 2, and 4 and recently hit the legendary "Level 6" - I can't talk about it though, there might be people watching.
@catrpcrew
Жыл бұрын
😎😎😂
I’m only at level 1 but since I live in Florida it makes it much easier to find items year round. Definitely keeping to level 1 for a while but would like to ge to level 3 as soon as possible to expand
Right now I am at level 3 I have made a alot of connections over the 20 plus years as a reseller I don't see myself getting to level 5 I am very comfortable were I am now My inventory flow is good even though the winter months great video thanks
Yes make a video in my 40’s dabbled in Facebook for sourcing do a lot of local flea markets have a summer time client base would love to learn how to better market myself.
3/4
Because of my location I have done lvl 2 mostly. It's the easiest and I have become friends with the auctioneers. They have pointed out items that have not sold and said take what you want.
Level 3 right now. Would LOVE to get to level 5!
Currently at level 1 at a hobby level but would love to “buy out game stores and collections” to keep a few high end items and resell the rest to break even.
Small small seller here, been using goodwill primarily for my stuff, started buying lots with things I wanted, 4 years ago. Finally decided to get rid of the collectibles in those lots that we didn't keep, took money from the profits and bought more from them. Fun to win what we win, and resell. I'm disabled, 8 kids 7 at home, only been selling like 6 months 50+ sales, 100% feedback on about 20 so far. Makes be feel good. Not tryna make it rich, just be cool to take my big ole family out to dinner once a month with the money lol
I’m weirdly level 1 and level 3 lol. Local marketplace daily but I’m honestly looking for 400-1,000$ buys.
I'm part time at level 2.
I have bought out some local collections. Nothing consistent but did get me to the point where I have cash available to buy big collections. I want to start going to more pawn shops and buying locally from them. I'd say I am between level 2 and 3. 5%
@indy5280
Жыл бұрын
I have yet to get to the point to get to that point. Currently parting out a dsi not worth fixing and that would be the way to make the most on that dsi. I’m definitely between level 1 and 2
Afternoon Level 3-4 right now putting more back into eBay 90% Amazon now need to split the time between them better.
I’m at 1 and 2 and dabbling in 3 just as a means of funding my own collection. Would like to camp out in level 3 more this year, just have to fight the urge to *immediately* blow all my profits on new games and save up for those bigger collections that come up
im just over 2 years in now, started with just Level 1, these last few months ive been doing 1, 2, 3 & 4, problem is im not good at Communicating, or feel like im not, so dont think i can form the kinda freindly bonds needed for getting "Contacts"
For level 3, I just place "In search of" ads on every single swap and shop fb group in my hometown area and surrounding counties...that's how I have found TONS of stuff. I ask for pictures. Add up every single item on pricecharting lot calculator, and then divide by 3. The value after dividing by 3 is my top value i will offer. But I always ask THEM to spit out the first number because it could be significantly lower than my "divide by 3" number and I can get an even better deal and maximize more profit.
@jfh.8064
Жыл бұрын
Yeah the majority of my biggest purchases ever were off Facebook. if it wasn’t for Facebook and Facebook market I would’ve found SOOO much less over the years.
@wvumaniac2122
Жыл бұрын
To add to this. When I’m in the mood to add to my collection, I just send a message to every single person in my area selling video games if they have more video game stuff they’d like to sell, and list all the systems. I’ve found a ton of stuff where they list one item but have a ton more.
At level 0. Would be ecstatic to be at level 1.
I've only just started so I'm level 1 but hoping to get to level 3 by the end of 2023!
I'm at level 2 right now. I would love to be at level 3 by the end of the year.
I’m at level 0 and by the end of the year I will want to be at Level 0. I don’t resell I’m just interested in your videos. Waiting for the next main channel episode
I am at level 1 now for couple of years. I plan to be level 2 by end of this year.
I'm at levels 1 and 4, would love to make connections in the future.
Late to the video, but oh well. I’ve definitely been sitting at Level 1 basically since I’ve started 10+ years ago. Which isn’t necessarily bad. I have 1 pawn shop in my town and it’s had mostly the same stuff since I’ve moved here 8 years ago. There was another one but they closed probably for the same reason. There some storage unit auctions but I wouldn’t know where to put all the stuff right now. I went to one out of curiosity and they seem pretty affordable, usually in the $150-$225 range, so it’s a possible in the future for sure. Anyways, I’d like to be at Level 3 by the end of the year. It’ll be work, but I think it’s doable. I know my main hang ups are consistency and organization, so if I keep working on those, it can make any of the levels easier to attain.
@catrpcrew
Жыл бұрын
Great thoughts there. Consistency and organization create the ability to scale. Here’s to a great 2023
Thank you for sharing the tips and more importantly your faith in the videos. Question: Where did you find the shelving behind you in the video and what are the dimensions if you don't mind sharing that info as well. God Bless!
@catrpcrew
Жыл бұрын
Those came from the game barn that we bought. The owner built them. 7 feet high and 4 feet wide
@jwyn9009
Жыл бұрын
@@catrpcrew Ahh, Thank you!
Sky is taller than I thought he was. Funny I went from 1 to 4, mostly because yard sale season ended. So many different little goodwill sellers for each area just looking through lots,etc. One lot I grabbed I knew the controller alone would pay for it so all the games were free even if they are not big huge sellers. Sometimes auctions will go decent, lately more competition has been driving up stuff though. This one guy recently must have sold off his whole collection in lots because they were some amazing games from each system and his feedback number was only average. The price would be bargin then last minute jump 200.
Lvl 3 dabbling in lol 4. I've even done a bit of lol 5. But 3 is my home
Just had my first 5k gross sales week and it is only Thursday. Thanks CATRP for inspiration! Is it worth making videos? my niche is 30% video games 50% car parts and 20% other.
Level 1 and having fun. Bartle doo
This just confirms you stole that GameBarn. Good for you
Have the number of garage sales in your city dropped significantly after covid? In my city they've dropped over 50-60% and have yet to pick-up. I also think people became a lot more used to & adept at selling things online which might have had an impact on garage sale numbers.
@catrpcrew
Жыл бұрын
Yes they did. But they started picking up again last year
Where can you source online?
What is the cash flow required for level 3, 4 & 5?
Out of interest, how do you record purchases when sourcing on eBay from private sellers for Amazon? Do you use the “request an invoice” option? I’d assume amazon wouldn’t accept that as proof of purchase if they ever requested the invoice for that item? And is that only used items? Thanks.
@catrpcrew
Жыл бұрын
No, you really can’t get an official invoice from most sources, receipts will have to do for us and for most sellers. There is definitely risk to sell things that don’t have invoices anywhere, but that is why we sell on multiple platforms and stay diversified
Loving the vids as always
GOD BLESS YOU AND JESUS LOVES YOU!
Level 3 is the highest I have gotten so far. What is level 6? Making your own video games?
@catrpcrew
Жыл бұрын
Lol sure!
Make the social media marketing video
Anyone have any tips on how to use Facebook marketplace? I absolutely despise the way its set up. I primarily use offerup
How many heads on the discord calls each week ?
Let's go! currently level 2, would liek to be by level 3 by the end of the year.
Let's goooo another great video
How fo you join the discord crew very interested
@catrpcrew
Жыл бұрын
You sign up through Patreon and get access through there, go to Catrpcrew.com or patreon.com/ChaseAfterTheRightPrice
you need to work hard,have luck,help and money
Sky-guy has been there 20 months, wow! Be careful, this mean Skylar is about to enter his terrible twos 🤯🤯🤯
Don’t tell people about Dk oldies selling. Your going to create more competition for me
I would say I am at level 3 and does bidding online count as 4? I am only part time now but can't wait to go full time. I did it for a while but didn't have any back up money so all my capitol was being used for bills after it circled back.
You must be struggling for content as you have done this video before
@catrpcrew
Жыл бұрын
Hardly. We expedited this video due to multiple requests to dive deeper