6 Things I've Learned Selling on eBay

6 Things I’ve Learned Selling On eBay

Toward the end of 2016 we started to look into ways to make some “extra” money. Really we needed to get back on track with bills and make sure that we were able to pay each month, you know, normal every day things…

So when we started listing random things from around the house on eBay and it was selling, Jeff started to do research and we found ourselves at yard sales each weekend – sometimes Saturday and Sunday, sometimes Thursday through Sunday.

Now that 2017 is here, we are in this game hard and are making sure that the profits keep rolling in.

There are so many different aspects of being a reseller, and as much as I fought keeping it to a part-time gig, it’s become a really fun full-time adventure. There are days when we get in the car at 7:00 AM (too often before!) and don’t get home for 12 hours.

Since I’ve been getting questions, here are some things that I’ve learned while selling things on eBay, and yard sales/thrifting in general.

Sourcing

Start with your things. You know your items better than anything else, so find a few things that you can list immediately to start growing your sales.

The things we sell come from many different sources – Goodwill, Salvation Army, chain and local thrift shops. Given, we have to drive a bit out of the way to get to any, but we make at least one weekly trip to our favorite thrift shops. I bet if you look around your town you’ll find more than you would expect.

Also, our friends have started cleaning out their houses, so they have become sources for us and they too are benefiting from it, which is great because it seems like that’s all we talk about anymore (sorry guys!)

Listing Consistency

 “ALB!” – Jeff (Always be listing!)

Jeff and I have a great-for-us listing process. I draft up the items and I try to spend less than 10 minutes on each item and I work hard to get as many done day as possible. Sometimes I have to put my phone in a different room or turn it on “Do not disturb.” ABL, people, ABL.

There were days when we didn’t post any listings and those days (and a couple following days) we definitely saw a slow down of sales. Of course, the more things you have in your store, the more sales you are likely to make, but it is a true statement that the eBay algorithm likes when we “ABL!” 😉

Inventory

If it’s not listed, it’s not selling…

We like to keep a little bit of back inventory for days when we can’t get out to source, but do not let the piles accumulate! It will do nothing for you but create stress and random piles of things that are not selling because they are not listed. “Death piles” are nothing to be proud about – those should go out the window along with the “I’m so busy” mindset.

If you want to get things listed, make it happen – set the time aside!

Sale Days

Goodwill has 50% off one color tag each week, so we are always on the lookout for those items. (The board with the color is usually by the front door.)

Every Wednesday, Salvation Army has 50% off all clothes, so when we first started to look into possibly selling clothes that is where we went.

Other Resellers

Of course there are other resellers out there, but guess what, whether or not you are looking for the same items, there is PLENTY of stuff out there. And don’t be eyeing people up and down to try and figure out if they are a reseller, go about your business and find yourself some money makers – you want to hear those cha-chings on the eBay app ASAP! 🙂

Patience and Kindness

Patience is something that I really need to work on in life in general and going to thrift shops and selling on eBay has been a huge part in getting that started. Though I usually do want things to sell as soon as they are listed, I know that the right person will come along and grab it when the time is right.

Kindness is a must no matter what you’re doing. I don’t care where you are, if you are cutting people off to get in line before them, running to get somewhere first, trouncing through people’s yards, you need to rethink what you are doing. Yes, we resell to make money, but for most of us, it’s also a fun thing to do. Just be kind to one another; employees, homeowners, resellers, customers, whomever.

Have questions? Feel free to comment here or email me and I’ll do my best to answer.

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