Welcome back to another episode
of the Resellers Mindset Podcast.
My name is Mike, also known as the used book guy on YouTube
along with my friend and fellow full-time reseller, Johnny B.
We help people start and grow their reselling businesses
from the ground up.
We also have a weekly Zoom call and private Discord
for all YouTube members.
Head on over to youtube.com backslash used book guy
to join the channel and gain access
to the full length podcast Zoom call
and private Discord today.
Let's get into this week's episode.
What is up everyone, welcome to the first episode
of the Resellers Mindset Podcast.
I'm Mike, I'm a full-time media seller on Amazon and eBay.
I'm here with Johnny B.
He is also full-time on Amazon and eBay.
Today's first episode, since it's the first episode, right?
It's only fitting that we basically start
from the beginning here.
So the topic's gonna be where to start
when it comes to selling on eBay and Amazon.
So I'm more seasoned in eBay.
Johnny B, he's a lot more seasoned, wait, no.
I already got it wrong, right?
First thing.
It's the other way around, right?
I'm more seasoned in Amazon, he's more seasoned in eBay.
So I guess you wanna go first here with eBay?
I mean, I'll let you kind of lead the way with eBay
and then I'll kind of chime in as we just jump into eBay.
Where do you start?
There's a million different ways you can start.
You hear it all the time.
Well, I always like to start with the money.
First thing you're gonna wanna do
is you wanna set up your own business account
at whatever financial institution you deem fit.
Cause mixing your personal money with your business money,
though you can do it,
you're gonna save yourself a lot of headache,
especially come tax season if you separated them out.
And again, with evolving the money,
I would also go ahead and set yourself up
with your PayPal account if you don't already have it
and link it to your bank account.
That way you can funnel money a lot easier.
And if you decide to pay for your stamps on eBay,
you can attach a card to PayPal,
which will then eat into the credit card you wanna use
or the debit card you wanna use.
So then you can sign up for a PayPal account.
But first I would stick your fingers on the money.
I am guilty of that, right?
So when I started on eBay, I didn't have separate accounts.
So I successfully did it, but you're right.
It's like 100% more pain in the butt
when it comes to trying to keep track of your expenses
and everything like that,
especially when it comes to taxes.
And just in general understanding
how much money is coming back to you,
it's easier if you have an overall picture,
if you have a separate account so you exactly can see.
Now I have Citizens Bank, that's my bank.
So I have my main account
and then I have my reselling account.
So I know exactly what's going in.
I basically call it my eBay card, right?
It's my eBay account, my eBay card.
And that makes everything a lot easier just to track,
you see how much you're getting back out of it.
And it just makes everything easier.
And I think that's a good thing to hit on,
like right off the beginning is,
you wanna be set up for success from the beginning, right?
An extra bank account, it's not gonna cost you nothing.
You can walk into your bank
where you have your normal checking savings account
and they'll open up another account for you.
It's not like there's a rolling fee or anything,
at least with my bank in my experience,
it might be different.
Mine's a little bit different.
I do get a $10 a month fee for a business account.
Unless I spend a thousand dollars or more,
that fee gets waived for the month.
But I live in a small town, so it's the small bank.
I'm sure larger banks, they don't do that nonsense
or they may have something similar.
I don't know, I don't live in a bigger city
to experiment with that, but that's just my experience.
Well, and you can write off that 10 bucks, 20 bucks,
whatever is a month. Exactly, it's a write off.
It's a business account expense, 100%.
So I mean, that's just less than taxes you're gonna pay.
But I think that's good kind of to start out
on the right track, right?
Have everything separate from,
maybe people are doing this part-time
and they're like, you have your paycheck from your job.
You wanna have that separate from your side hustle,
especially with the new tax rules
where if you make 600 bucks, you're gonna get a 10.99
and you're gonna have to prove your expenses.
So if you're reselling, you're gonna make $600 in a year,
I promise you, no matter how lazy you are
and how little you do, $600 can just be one item.
You find that at thrift store and sell.
I mean, that's just the way it works.
So I think that's good to start out, right?
You have a separate account,
you kind of can work from there,
but you start out on the right track with your expenses.
And so yeah, so I mean, I guess that kind of leads us into,
do you need money to start selling on eBay and Amazon?
It's a loaded question by the way,
because I have an answer.
My answer would be no, you don't need to,
but you could go faster,
I guess would be my counter argument with some money,
but you don't need it.
You can still go to the library to use the computer
and even take the public transportation,
or no, walk, bicycle, there you go, you can do 100% free.
Public library and a bicycle, there you go.
So the thing I was gonna hit on was,
you really don't need any money
because you can sell all the stuff
you got laying around your house
that you don't use anymore, right?
Or maybe you have three jackets
and you don't need three coach jackets
or North Face pullovers, sell two of them.
So I think that's somewhere where more people
need to start, right?
Because we all have too much stuff at the end of the day,
or I can admit to it,
I got tubs full of collectibles sitting under the bed
that if I had to start back from nothing,
or if I ever hit rock bottom and I had to come up with rent,
that's stuff you would sell, right?
So it's not a necessity in life.
So I would say, I agree, if you wanna go fast,
you need capital, but if you wanna go smart
and kinda see what you can turn nothing into,
you don't need any money to start.
You're gonna need that account,
you're gonna list a few things,
and you're just basically gonna keep turning that money,
turn zero into whatever you sell your first item for,
20 bucks, turn that 20 bucks into 40 bucks,
and you just keep rolling it.
So you don't need money, but if you have it,
I mean, so give me a limitation here, right?
So somebody that never resold in their life,
like how much money, if you said,
hey, you're gonna take me under your wing,
how much, and you said, hey, Mike,
you need to have a little money,
I'll take you under my wing,
we'll get you rocking and rolling on eBay.
What do you think would be a good amount?
If you just said, is this something you wanted to try
and you had maybe side money,
like how much would you,
how much do you think you should start with?
Well, I need to know what I'm dealing with.
Am I dealing with a homeless person, a college kid,
or somebody who has a day job?
We'll say you're dealing with somebody
that has never resold on eBay before.
They understand how things work.
They have a, we'll say they have a full-time job,
because most people do this to try to figure out a way
to get out of their job.
So they have a full-time job,
and maybe they just have some money sitting around,
like how much you think they would need,
and they're gonna sell everything, right?
They're not niching down
because they're just starting, right?
So you're just looking to flip anything you can.
We're not talking down anything specific, just, you know.
Hey, I know.
In that scenario,
I would assume they'd have a couple of things already.
They would probably have a cell phone, so.
Yep, yep, yep.
You got all the basics.
People have a computer, they have the basics, right?
I would say $250 or less.
Maybe even, you could even do it probably with 100,
but 250 would be a comfortable number, I would think.
That's enough to, well, I don't have the boxes,
and I don't know not to use the USPS free boxes,
which is a whole other thing yet.
So I'm gonna go buy some boxes,
maybe some bubble wraps, some tape, maybe a scale.
Printer, Rolo Printer.
Well, they already have a computer,
so I'm gonna assume they already have a printer, too.
So they don't need a fancy Rolo Printer
or a Dymo printer yet.
I think that's good.
250, I think that's kind of right where I was at.
I made a video many, many, many,
probably over a year ago on YouTube
about how much money you needed
to start selling books on Amazon.
And I think I might even said 250, which is weird.
I know it wasn't more than 250
because you really don't need that much to start, right?
I mean, you kind of can just-
One more wrap, tape, and boxes,
and then if you're gonna go buy something, money for that.
But like in this scenario,
we're dealing with stuff in our home already, right?
So it's probably less than 250
if you're doing stuff that's in at your house already.
Probably 250 if you're gonna go out and source to start.
Yeah, I think definitely 250 would be well,
well over what you would need,
even if you're going out to source.
I mean-
That's part of your gas tank
to go over your going too, right?
The 250?
Yeah, that is true.
So it's almost as if you have to take things
into consideration when you're starting, right?
So I think the biggest thing,
another thing when you're getting started
is it's gonna take time, right?
You can't expect, I know everybody sees the videos
are everywhere, TikTok, Instagram, YouTube.
People basically, they walk into any store
and they come out with a cart full of stuff
and all of a sudden they're rich.
So you have to realize it's different here.
So a lot of the stuff you see is Amazon related.
eBay is kind of a different beast, right?
So just a little bit of diving into eBay.
So everybody's, when you sign up for eBay,
you have like stores, right?
So you can sign up for different eBay stores.
It's basically like, you know more about stores than I do.
I personally don't have an eBay store on my account
and I list one item every day
and I don't have an eBay store.
So somebody that was just starting out,
like they see an eBay store and they're like,
oh my God, I get all these free listings and that.
Like, do you think that's an assess,
give me your rundown here.
You're already shaking your head
like you don't need no eBay store.
You don't need me.
You need an eBay store when you got 80 or more items.
And I would say once you're at 50,
you can go ahead and pull the trigger on it.
Cause odds are if you made it to 50,
you're gonna make it to 80 pretty easily.
But you gotta account for the subscription paying for itself
to in those free listings they give you.
So unless you got 80 exactly, it doesn't pay for itself.
So you need at least 80.
Like I said, if you've already done 50 listings,
you're gonna make it to 80 listings.
So I would just go ahead and pull the trigger at 50.
And also 50 is an easier number to remember.
So I have well over 50 listings.
So I'm losing out by not having an eBay store.
Is that what you're telling me?
Yeah, cause when it autorelist,
you're gonna get charged again.
If you have autorelist on.
I would assume I do.
So, hey, listen, see, that's why I said
he's the eBay expert, not me.
So I should, I think the starter store is only 499, right?
Yeah, yeah.
I don't know how many items do you have?
I don't know, tell me how many items you have.
I only have, I think 170.
I only have 170 items currently listed.
Yeah, I would go ahead and pull the trigger on the,
you could do the $5,
but I don't know what your eBay plans are.
You could go ahead at the number you said, the 180.
You could theoretically go to the next tier up.
And I would stay at that tier for a while.
And when you start out on eBay, right?
They kind of limit of how much you can sell in a month
and how many items you can list
because you're a new seller, correct?
Right, I think it's 10, at least it was when I started.
They, you get to 10, you gotta sell a couple of things
and then you either gotta press the buttons
to request more or call in.
I always advise calling in
because dealing with a human's a lot better
than dealing with a robot.
At least I think so.
And eBay does have actual support
where you can actually speak to another human being
unlike maybe the other platform we're gonna talk about
a little bit later, right?
So yeah.
Well, let me throw it back at you.
How many listings on Amazon do you need
before you get that Amazon store subscription?
All right, so this is a good topic
because I actually thought about this today
before the call, right?
So I always said like,
you really don't need a pro account right away, right?
Because you're not making those sales.
But believe it or not, I had changed my opinion today
after a little bit of soul searching and thinking about it
is that you can't even be in the process
of becoming buy box eligible
until you have a professional account.
Ooh, that's a game changer, okay.
Yes.
Nico the cat is here.
Calls in trouble.
Special guest star, there we go.
It's getting close to their feet in time,
so they're swarming.
But yeah, so that kind of-
That's a perfect point.
Like if my goal is to be buy box eligible,
let's just get it going, right?
Okay.
Yeah, yeah.
So with eBay, you're gonna need your basic supplies.
Like you said, your tape, your boxes,
your poly bags, stuff like that.
So the cost is really minimal, right?
And a lot of people even go to stores
and get boxes for free.
And there's different ways you can be cheap starting out.
That'll change as you grow your business.
But the entry to eBay is,
there really is no entry, right?
You can sign up today.
We can go create a new account today.
You know, you wanna fill out your basic stuff.
You wanna have a picture, you know.
eBay is heavily driven by feedback from, you know,
purchases you make and sales you make.
So that has a lot to do with the account.
It also does on Amazon,
but eBay, you know, it's more frequent, right?
eBay is pushing this feedback every single transaction.
So you wanna make sure starting out
that you're doing things the right way, right?
You wanna pack something, you know,
the way you would expect to receive a package, right?
We're not packing stuff in frosted flake boxes
or, you know, Quaker Oat tins or anything like that.
You know, we wanna have at least some kind of, you know,
usable packaging.
I'm not saying everything has to be new.
Personally, I use a lot of my Amazon boxes
that I get from returns
to pack up books and everything like that for eBay.
So I do reuse supplies.
And I know it's kind of like, I don't know,
reusing supplies now is like,
it's like a touchy subject, right?
So like, you're shaking your head, yeah?
You're shaking your head like, what do you mean?
Yeah, it's-
Captain Planet, recycle, man.
I agree, but it's become like one of those things
like where people almost expect like a new, you know,
they're used item in a new box, right?
Cause most of the stuff you sell on eBay is gonna be used.
So, and that's another thing, right?
With eBay, you know, I'd be curious to see how much,
maybe you know, maybe you have a roundabout.
What percentage of items sold on eBay
are actually used versus new?
Ooh, I would say a vast majority are used.
I mean, it would have been different years ago
when the store chains didn't come into eBay
cause there are legit store chains like Nike and Reebok,
they got an eBay account.
But I would say today it's still primarily used items.
But even before then, like 80% used items, to be honest.
So we were talking about, you know,
kind of niching down and kind of figuring out
what works best for you, you know.
I'm heavily into books, you're the same way with the media.
But starting out, I don't think it's as important.
And I almost would, you know,
kind of be against being so super niche down starting out
because it kind of takes a lot of the excitement out
of starting a reselling business, right?
So when we, you know, when I walk into a thrift store,
I'm looking for media, right?
And you know, everything else is kind of,
my blinders are on.
I don't even care if there's, you know,
a pair of Nike sneaks sitting over there or anything.
Well, what's in the glass counter?
Yeah, yeah, yeah.
So like, I think starting out not being niche down is good.
Like, yeah, there's a certain point, right?
Where you have to niche down because it becomes too much.
But I think starting out, just kind of, you know,
seeing what you can flip for a dollar is the way to go
because that's where all the excitement is.
That's why people even want to start doing this
because just the thought of walking in, you know,
finding a vintage shirt for, you know, three bucks
and selling it for 150, like that's a thrill of the game,
right?
And kind of when you're looking for everything,
that's how you find your niche, right?
That's kind of like-
That's what I was gonna say.
The second bullet point is you don't know
what you like yet.
Yeah.
I didn't know I would be gung ho about books.
Books are heavy, by the way.
But I like listing books a heck of a lot better
than I do like listing clothing.
I can tell you that.
Oh yeah.
And I guess the biggest appeal to me, right?
This is gonna make me sound so greedy,
is that I like books because the ROI
is just through the roof, right?
I mean, we can make so many mistakes even buying stuff.
Like I could go out for a whole month
and buy stuff that won't sell.
And it will not really affect my bottom line
at the end of the day.
You know, maybe it'll be 400, 500 bucks
versus if we were doing, if we were in a different niche,
you know, it could be, you know, $5,000.
So I think that's good, right?
You got, you don't even know what you like doing, right?
You know, or, you know, what interests you
in the selling world.
It's not necessarily what you like.
It's like, what interests you, right?
I'm not a big reader.
I sell, you know, thousands and thousands of books a year
and I maybe read five books a year, right?
So it's not that books interest me.
I just think the model is best and the easiest
for what I'm trying to basically achieve, right?
But it's different for everybody.
Like if I was super into like vintage clothes and sneaks,
like I would 100%, you know, maybe go that route
because it's something that you're gonna be more motivated
to do it because you're out finding stuff.
You're like, oh, this is dope, right?
Like, oh, this is something I would wear.
Like, oh, I might keep this one for myself
because that's really it, you know?
Like I rarely find a book where I'm like,
well, I'm gonna keep it for myself.
It's like one in a million and I scan
to thousands of them every month.
So I think niching down is like kind of not really a focus
when you first start out.
I'll tell you what I really enjoy about books.
This is gonna make me sound super, super creepy
and we're never gonna get any subscribers again.
But I love reading the notes that people stick in there
or what they write in inside the inside cover,
the dedications and stuff.
Cause I guarantee you, especially if I get it
from a state sale, odds are that person has passed on.
Besides me and the mortician, I'm the last person
to get any idea of what kind of person this was.
And I don't know, I feel kind of honored or privileged
when I get to have those small little moments,
especially if it's something long and written,
like it costs me five bucks, but this is so interesting.
Whatever.
But no, I do like that aspect of it.
I mean, it's not every time I see that stuff,
but every once in a while I'm like, okay,
this is why I do it.
There's a little bit of why I do it.
I mean, this is like a perfect segue, right?
People are gonna think this is like stage now, right?
Because on that topic, I was out this week
and I seen a narcotics anonymous book, right?
It's kind of like the alcoholic anonymous books.
Some of the older editions can go for lots and lots of money.
But I opened it up and guess what?
It was to some guy named Mike.
So the whole little paragraph said,
hey, Mike, I hope you're doing good.
I hope you can stay clean and everything like that.
So that's so weird.
That's like one of your things.
And when I read it, I'm like, man, maybe this is me
in an alternate Marvel dimension.
I have those thoughts too.
This could have been me.
Yeah, yeah, yeah, I get you, I get you.
So anyway.
I thought I was the only one.
I've never said anything about it before.
We're way off the rails, right?
So back to start on eBay, 250 bucks if you have it.
If not, maybe you have an extra iPad laying around,
sell that, take that 200 bucks
and kind of just start from there, right?
You don't have to go crazy.
You don't need to go to a thrift store
and spend hundreds of dollars.
Give us some newbie tips for eBay, right?
I'm going to the thrift store for the first time.
Give me like maybe your three best tips
and maybe if you don't choose mine,
I'll drop a few in there.
What's my goal here?
To make money or what?
Make my life easy or what?
Oh, eBay money.
eBay, see look, this guy's making eBay sales
as we're talking about eBay.
I mean, yet again, they're going to think this is scripted.
Like he's got a button over there he's hitting.
And there's a little soundboard.
So basically this is somebody brand new to resell
and they want to make money
and they're preparing to go out for their first time
to sell stuff on eBay.
But what are your three tips?
What are your three tips?
My three tips would be walk around the entirety
of wherever you're going
so you can see what you're interested in
just as a for a visual thing.
And then after you've done that, go back and grab,
you put everything you're interested in into a cart.
So you can walk around with your cart,
put everything you're interested in a cart
and then pull it over to the side.
With your phone, you have the technology
before you buy a single thing, look it up.
You may think it's valuable,
but I could tell you when I first started,
I was wrong way more than I'm right.
Now that I'm a little bit more seasoned,
I'm more right than I am wrong.
Often than not, but I'm still wrong occasionally.
I am.
I'm not perfect.
And then I would say, look for what's,
go back around and look for what's sealed.
Still in plastic shrink wrap would be a second point.
If just make a second pass off that first one,
so you might've missed it, be fair.
They might've brought something out
while you were on the other side of the store.
And my last one, so lap around, pick up what you're interested
in, lap around, pick up what was sealed
or look kind of new-ish.
And then third one is go find the manager
and say, hey, I got a cart full of stuff.
Give me a little bit of a discount.
Save yourself some money off that 250
you came in the store with.
So those would be my three tips.
And 100% with that last one, relationships go a long way.
So listen, you go into a Goodwill or Salvation Army,
the manager route isn't gonna work 98% of the time, right?
But you go into a smaller mom and pop thrift stores
where starting out, find a local thrift store, right?
You don't wanna be going and paying up at the Goodwill
when you can go to a local thrift store
where they have clothes for a dollar a piece.
I go to them all the time, every week I go to a different one
and their prices can't be beat
and the quality of stuff is just better.
But that's definitely, have that relationship.
Yeah, this is your first time out there,
but if this is something you continue with,
imagine if you have that relationship,
like, hey, you're the vintage tea person,
you're the sneaker girl.
And now when they get sneakers in,
they know, hey, let me call, let me text or call you
and let you know we have sneakers in
and we'll let you take a look at them before they get out.
Do not get mad at them when they say no,
you may not have a discount.
Because they may say no, like Mike was saying,
nine out of 10 times, but time number 10,
they cut you a deal and you're gonna be better for it.
Oh yeah, and in my personal experience,
I've asked for backroom access multiple times
and I have none.
I have zero, I got zero backrooms that I can attest to,
but people on the weekly Zoom calls and in the Discord,
they have basically a whole district of thrift stores
that they have backroom access to,
they can walk in and say, hey, I'm here
and you go right into the backroom
and you get the stuff before it even hits the floor.
So relationship building right from the beginning is,
that's probably one of the bigger ones.
And I like the idea of walking around the whole store,
you don't wanna kinda just narrow yourself down.
Sure, right?
If I go in and I'm brand new, just being a guy,
I'm really not interested in going to look
at the women's skirts, but maybe I go down that aisle
and say, hey, I know Coach, Lululemon
and some bigger brands.
So you know if you see that tag.
Louis Vuitton, look at that.
Exactly, so we all kinda know
what the bigger hit brands are, right?
So you don't have to necessarily be a woman
to look at skirts and flip women's shoes
or anything like that and vice versa, right?
You don't gotta be a man to know different things
like basketball sneakers for men or something like that.
So I think that's a good point.
And I think the one thing you hit on is,
download the eBay app on your phone.
It's a necessity, right?
I mean, the second you decide you're doing this,
download the eBay app, it's free.
And when you're looking-
The number one tool, it's a computer in your pocket.
Use it.
So like one of the biggest pet peeves, right,
is when people are at garage sale and they say,
hey, Johnny, you want this for $5,
but I've seen on eBay, somebody's selling it for $300.
So you combat that by,
anybody can price anything for any price on eBay, right?
We could be selling the same thing, me and you.
I'm priced at 10, you're priced at 10,000.
So people-
I sell it every day.
Exactly, so when people, when you hear that,
people aren't looking at the sold listings, right?
The sold listings is the most important thing
when you got a cart full of stuff
that you're looking up before you buy it, in my opinion,
because you want to make sure the stuff is selling.
We're not going to buy stuff that has no sold comps
and 50 of them are listed.
If there's more than two or three listed
and there's no sold comps,
personally for me, I'm not touching it.
With media, it's a little different
because there's a lot of long tail items
that will take time.
But if you're just starting out,
you want to be turning your money a little bit quicker.
So you want to be looking for stuff
that actually has a sell through on it.
And find out that ratio that works best for you.
Go ahead, you look like you got something.
I'm going to pick on you a little bit.
Let's say you were a new reseller
and somebody offered you a box full of 50 books.
They're all by Nora Roberts.
You did not know about Nora Roberts yet.
What'd you buy it?
It depends on the price.
$50, 50 books written by Nora Roberts.
Do I get to look it up on eBay?
No, you don't.
I would.
You would buy it?
Okay.
I probably would.
My point being is me and Mike now know
if we had took the time to look it up, not to buy it.
Yeah, but starting out, you would think,
what's the worst that can happen here, right?
You got 50- Yeah, it's a deal.
50 books, $50?
Same author, right?
So where it comes to worst, maybe it's a set.
Maybe we can light them up.
But in actuality, Nora Roberts ain't worth its weight
in aluminum foil.
So it's definitely-
Yeah, with the technology,
I would then know to pass if I was new.
But knowing what I know now, I would avoid it like the play.
No offense, Nora Roberts, if you're watching this,
please subscribe.
And with the eBay app, you can scan barcodes, right?
So Johnny was talking about grabbing everything that's new.
You can filter by condition.
They've kind of, it's foolproof, right?
You can go in and search for anything,
cheapest price, end-in-soonest.
Personally, I'm not a big fan of auctions on eBay,
but that's a little bit more in depth
because you're just starting out, right?
So you're just looking for the basics here.
But you wanna look everything up before you buy.
You're not buying your cart of stuff
and then looking it up while you're,
three days from now when you decide to list it.
You wanna make sure what you're buying is gonna sell
and you're gonna make money on it,
which brings you into the next thing of,
so what's the baseline for fees, right?
Give me a roundabout of how much you're gonna,
a percentage for fees you're gonna pay on eBay
with any sale.
What is it, like 13?
As far, no, no, it's much higher than that now.
It's 14 and change percent.
And that's if you don't promote it.
So add in whatever percent there.
I say you're gonna take home about half,
maybe 60% of what you're gonna sell it for.
So there you go.
So that's kind of a good reference point
because different things you find, you know,
and different price points, the more expensive stuff,
you know, if you're gonna spend 50,
you wanna probably make at least,
I would probably say minimum $25 on it.
For me, I can be, I'm a lot more greedy with ROI
because I sell media and it's a lot higher,
but you know, I understand people that pay for,
you know, more desirable higher price items
and the ROI is a lot less,
but you wanna make sure you're just taking that,
you know, for, we'll say 15% into consideration
when you're looking at a sold item, right?
So you wanna make sure after fees and everything,
you're still gonna make money.
You don't wanna be breaking even or even losing money
because a lot of people do that because they just think,
you know, you see that sale number, that's how much you get.
That's, you know, that you gotta take your fees,
your shipping, all that,
all the backend stuff out of that, your time,
you gotta value your time as well,
because that's kind of, you know, people forget about that.
Your time is the most valuable thing we have.
So I think starting out on eBay, we kind of covered it, right?
So you wanna, you know, basically have the app.
You don't need any money,
but if you were to start maybe 250 bucks,
sell stuff around your house
and just be willing to sell anything, right?
Walk in a thrift store, look at everything, you know,
stuff that interests you, looks different, look it up.
You can look anything up on eBay.
I'd be surprised if you can walk in a thrift store
and if something has a name on it and you look it up,
I'd be surprised if you could find more than 10 items
that just don't show up on eBay.
Literally everything is listed on eBay
that you can think of in a thrift store.
I mean, every single brand, every weird knickknack
from any place in the world, you can probably look up.
And I'm not sure how fine you are of the eBay,
take a picture and it looks for items
that have that same picture, right?
So you can scan the barcode
or you can take a picture of the item.
I've used it, it's not perfect, right?
It's like you're taking a picture of something
so you're gonna have the background in it and everything.
But I have had it work for me
where it was just some weird, you know,
little figurine on the shelf and I took a picture of it
and it'll pop up, you know, at least you'll see
the same kind of items
so you have some kind of reference point.
Right, and if you're trying to do Amazon eBay
at the same time, I would pick one,
first of all, I'd pick one, master one
before moving into the other.
Doesn't matter which one you go with,
because you're a reseller at the end of the day.
But that being aside,
if you do decide to do both at the same time,
look them up on both apps.
There's some stuff that's more valuable on Amazon
than it is on eBay.
And the other way around,
there's some stuff on eBay that's way more valuable
than it'll ever be on Amazon.
Yep, I agree.
All right, so I mean, that's your basic with eBay, right?
You can start with nothing and not build it off from there.
So now we're gonna switch gears
into the mighty, mighty beast of Amazon.
It's like, you know, everybody, you know,
eBay is a lot more worked in Amazon
no matter how you look at it.
But that's not necessarily a bad thing, right?
Because there's a market
and there's a customer on each platform.
So starting out on Amazon,
we kind of hit on it a little bit.
So you have to create an account.
Now this isn't like eBay, right?
You can't just sign up today and start selling today.
Amazon used to be able to do that.
When I signed up, you know, four or five years ago,
you could sign up and start selling right away.
But now as a new seller,
there's a lot of more hoops
that make you kind of jump through, right?
Thanks for listening to another episode
of the Resellers Mindset Podcast.
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