1 00:00:00,000 --> 00:00:02,800 Welcome back to another episode of the Resellers Mindset 2 00:00:02,800 --> 00:00:03,480 podcast. 3 00:00:03,480 --> 00:00:06,160 My name is Mike, also known as the used book guy on YouTube, 4 00:00:06,160 --> 00:00:09,480 along with my friend and fellow full time reseller, Johnny B. 5 00:00:09,480 --> 00:00:11,840 We help people start and grow their reselling businesses 6 00:00:11,840 --> 00:00:13,080 from the ground up. 7 00:00:13,080 --> 00:00:15,400 We also have a weekly Zoom call and private Discord 8 00:00:15,400 --> 00:00:16,880 for all YouTube members. 9 00:00:16,880 --> 00:00:19,240 Head on over to youtube.com backslash 10 00:00:19,240 --> 00:00:20,840 used book guy to join the channel 11 00:00:20,840 --> 00:00:24,040 and gain access to the full length podcast Zoom call 12 00:00:24,040 --> 00:00:25,700 and private Discord today. 13 00:00:25,700 --> 00:00:27,400 Let's get into this week's episode. 14 00:00:27,400 --> 00:00:28,240 What is up, everyone? 15 00:00:28,240 --> 00:00:32,240 Welcome to episode four of the Reselling Mindset podcast. 16 00:00:32,240 --> 00:00:34,280 I'm Mike here with Johnny B. Today's topic 17 00:00:34,280 --> 00:00:36,400 is a very important one and kind of, you know, 18 00:00:36,400 --> 00:00:38,760 it's like current events kind of deal right here. 19 00:00:38,760 --> 00:00:42,200 So we're going to talk about plan B. You better have one. 20 00:00:42,200 --> 00:00:44,440 I'm not talking about the contraceptive. 21 00:00:44,440 --> 00:00:46,880 I'm talking about your business model 22 00:00:46,880 --> 00:00:51,200 and being able to pivot if, you know, one platform 23 00:00:51,200 --> 00:00:54,720 or for some reason, one front of your business 24 00:00:54,720 --> 00:00:57,480 just ends today, ends tomorrow overnight 25 00:00:57,480 --> 00:00:59,120 without any warning. 26 00:00:59,120 --> 00:01:00,880 It's a near and dear topic. 27 00:01:00,880 --> 00:01:03,200 So I'm going to kind of give my little two cents here 28 00:01:03,200 --> 00:01:04,160 real quick. 29 00:01:04,160 --> 00:01:06,600 Recently, restock limits have been a thing here 30 00:01:06,600 --> 00:01:07,880 for the past few months. 31 00:01:07,880 --> 00:01:11,520 And I went from 6,000 to 3,000. 32 00:01:11,520 --> 00:01:14,240 And now I went outsourcing this whole past week. 33 00:01:14,240 --> 00:01:16,920 I had about 200 items to send in, 34 00:01:16,920 --> 00:01:19,640 which is right about where, how much I could ascend in 35 00:01:19,640 --> 00:01:21,360 for the week anyway, because of the limits. 36 00:01:21,360 --> 00:01:23,960 And I woke up Friday and they cut my restock limits 37 00:01:23,960 --> 00:01:25,200 down another 200. 38 00:01:25,200 --> 00:01:27,960 So now I'm kind of sitting here with all this merchandise 39 00:01:27,960 --> 00:01:31,400 I scanned for FBA that I can't unfortunately send in 40 00:01:31,400 --> 00:01:32,560 because of restock limits. 41 00:01:32,560 --> 00:01:34,520 So you got to have a plan for those types of things, 42 00:01:34,520 --> 00:01:37,120 but that's kind of my recent experience with it. 43 00:01:37,120 --> 00:01:38,560 And Johnny B is going to tell you his, 44 00:01:38,560 --> 00:01:41,760 and it's a lot more crazier than mine. 45 00:01:41,760 --> 00:01:46,360 Yeah, I mean, currently I'm at 1,500 in active inventory 46 00:01:46,360 --> 00:01:50,360 and my restock limits are about 1,080 something. 47 00:01:50,360 --> 00:01:52,360 So I need to sell 500 something units 48 00:01:52,360 --> 00:01:54,280 before I can even break even. 49 00:01:54,280 --> 00:01:56,400 And then I need to sell like 40 to 50 more 50 00:01:56,400 --> 00:01:58,080 to even send in a box. 51 00:01:58,080 --> 00:02:02,320 So I don't expect to send in anything until January 52 00:02:02,320 --> 00:02:03,880 when the restock limits just go away. 53 00:02:03,880 --> 00:02:05,840 Cause I imagine then they're going to need to cut, 54 00:02:05,840 --> 00:02:08,440 cut and cut until the holidays roll around. 55 00:02:08,440 --> 00:02:11,440 So that's why I have my eBay store, cause they don't care. 56 00:02:11,440 --> 00:02:13,320 There are no restock limits there. 57 00:02:13,320 --> 00:02:15,200 And I can list as much, much as I want. 58 00:02:15,200 --> 00:02:17,360 And I've recently also beginning into Merch Fulfilled 59 00:02:17,360 --> 00:02:21,720 with some of my CDs and DVD inventory, 60 00:02:21,720 --> 00:02:23,320 because I don't have the buy box there. 61 00:02:23,320 --> 00:02:25,120 So either they could sit there in January 62 00:02:25,120 --> 00:02:28,440 and I could send them in for a little bit more money on FBA 63 00:02:28,440 --> 00:02:30,800 or I could sell them right now and kill two birds, 64 00:02:30,800 --> 00:02:33,360 get a little bit of my money back versus no money 65 00:02:33,360 --> 00:02:37,280 and potentially get the buy box for DVDs and CDs. 66 00:02:37,280 --> 00:02:39,400 So that's what I'm currently working on is eBay 67 00:02:39,400 --> 00:02:42,800 and Merch Fulfilled while I'm waiting for the Amazon gods 68 00:02:42,800 --> 00:02:45,840 every Monday to tell me what I can and cannot do. 69 00:02:45,840 --> 00:02:47,560 So let's flip it over here. 70 00:02:47,560 --> 00:02:51,400 So say if we're mainly eBay sellers, 71 00:02:51,400 --> 00:02:54,480 what situation could we get ourselves into 72 00:02:54,480 --> 00:02:56,720 where we would wake up one day 73 00:02:56,720 --> 00:02:59,040 and basically we would have an email saying, 74 00:02:59,040 --> 00:03:01,200 hey, your eBay account is closed. 75 00:03:01,200 --> 00:03:04,000 You can't, unfortunately you can't sell 76 00:03:04,000 --> 00:03:05,520 on this website anymore. 77 00:03:05,520 --> 00:03:08,560 These things do happen and they do exist out there 78 00:03:08,560 --> 00:03:10,760 no matter what size you are. 79 00:03:10,760 --> 00:03:12,640 You're more seasoned with eBay. 80 00:03:12,640 --> 00:03:15,640 So just give me like a kind of a rundown 81 00:03:15,640 --> 00:03:17,800 of how somebody could go about getting themselves 82 00:03:17,800 --> 00:03:19,880 completely banned off of eBay. 83 00:03:19,880 --> 00:03:22,040 How they can get banned, okay, you can get a Vero. 84 00:03:22,040 --> 00:03:24,880 Basically you're selling something you're not supposed to. 85 00:03:24,880 --> 00:03:29,000 They have a list of don't sell this on our platform things. 86 00:03:30,080 --> 00:03:31,080 Usually they give you a warning, 87 00:03:31,080 --> 00:03:33,280 but if you're a repeat offender, they can just go, 88 00:03:33,280 --> 00:03:34,120 you're gone. 89 00:03:35,000 --> 00:03:37,080 Other things you could sell something counterfeit 90 00:03:37,080 --> 00:03:38,520 or a forgery thing. 91 00:03:38,520 --> 00:03:40,440 Amazon does the same thing. 92 00:03:40,440 --> 00:03:42,960 That's another way to get your account banned. 93 00:03:42,960 --> 00:03:45,400 You can sell something in a higher grade 94 00:03:45,400 --> 00:03:46,800 like a brand new item, 95 00:03:46,800 --> 00:03:48,680 but you bought that thing from Goodwill and shrink wrap 96 00:03:48,680 --> 00:03:50,400 and you're selling claiming it was new. 97 00:03:50,400 --> 00:03:52,800 You're gonna get caught at the end of the day. 98 00:03:53,960 --> 00:03:58,960 And the other ways is to customers interactions there, 99 00:03:59,680 --> 00:04:04,400 like not giving refunds or eBay's constantly coming down on you. 100 00:04:04,400 --> 00:04:06,320 You need to give the customer the refund. 101 00:04:06,320 --> 00:04:07,320 You said you would. 102 00:04:08,520 --> 00:04:11,040 I think these days they just take it if you don't act, 103 00:04:11,040 --> 00:04:12,280 but that'll hit your account. 104 00:04:12,280 --> 00:04:13,840 And you do that over and over again, 105 00:04:13,840 --> 00:04:16,000 you get enough strikes, you're out of here. 106 00:04:16,000 --> 00:04:18,600 Those are the probably the bigger ways to get banned 107 00:04:18,600 --> 00:04:19,920 or the most prominent ways. 108 00:04:19,920 --> 00:04:23,000 And people like breaking the rules all the time 109 00:04:23,000 --> 00:04:24,360 because they think they can get away with it. 110 00:04:24,360 --> 00:04:27,240 Well, you can't, they're gonna catch you. 111 00:04:27,240 --> 00:04:30,960 They have a full team to catch you. 112 00:04:30,960 --> 00:04:31,800 That's their job. 113 00:04:33,120 --> 00:04:37,400 So now this is just randomness, right? 114 00:04:37,400 --> 00:04:38,840 I'm gonna throw this at you. 115 00:04:38,840 --> 00:04:41,280 So you've done nothing wrong. 116 00:04:41,280 --> 00:04:45,160 You wake up your eBay or Amazon account is closed. 117 00:04:45,160 --> 00:04:47,920 Is this something that could possibly happen? 118 00:04:49,000 --> 00:04:50,840 I mean, you could just, 119 00:04:50,840 --> 00:04:53,160 they decide they don't want you no more, right? 120 00:04:53,160 --> 00:04:57,560 They just decide they don't need all these sellers no more 121 00:04:57,560 --> 00:05:01,440 and they decide to ask any seller they want for any reason. 122 00:05:02,480 --> 00:05:03,840 It's something they could do? 123 00:05:04,680 --> 00:05:05,520 Absolutely. 124 00:05:05,520 --> 00:05:06,480 It's their company and their business. 125 00:05:06,480 --> 00:05:08,160 If they're like no more book sellers, 126 00:05:08,160 --> 00:05:10,800 we're not selling books anymore on a platform, totally could. 127 00:05:10,800 --> 00:05:13,080 Not a darn thing we could do about it. 128 00:05:13,080 --> 00:05:15,320 Usually they'll give some reason as to why, 129 00:05:15,320 --> 00:05:16,160 but at the end of the day, 130 00:05:16,160 --> 00:05:17,920 you can't sell your books anymore. 131 00:05:17,920 --> 00:05:20,800 So you have to move on elsewhere. 132 00:05:20,800 --> 00:05:23,120 So either you sell products on that same platform 133 00:05:23,120 --> 00:05:26,480 that you can sell or you move your big book inventory 134 00:05:26,480 --> 00:05:29,440 and this subject matter to some other platform 135 00:05:29,440 --> 00:05:31,120 that'll take your books. 136 00:05:31,120 --> 00:05:33,200 That would be the segue in the play to make. 137 00:05:33,200 --> 00:05:35,200 Well, option three is you quit, right? 138 00:05:35,200 --> 00:05:36,560 Which is what a lot of people would do. 139 00:05:36,560 --> 00:05:37,680 They'd stomp up and down. 140 00:05:37,680 --> 00:05:39,960 Why, why, this is such blah, blah, blah. 141 00:05:39,960 --> 00:05:42,240 I'm angry because I'm not selling books anymore. 142 00:05:42,240 --> 00:05:45,480 I'm angry because I'm angry and they quit. 143 00:05:45,480 --> 00:05:47,080 I think there's a good quit and a bad quit. 144 00:05:47,080 --> 00:05:48,800 We'll get into that a little bit later, 145 00:05:48,800 --> 00:05:50,120 but I think you hit it right on the head. 146 00:05:50,120 --> 00:05:51,400 I already knew the answer. 147 00:05:51,400 --> 00:05:53,760 It's like having a job. 148 00:05:53,760 --> 00:05:56,720 They can fire you any day for any reason, right? 149 00:05:56,720 --> 00:05:58,360 There's nothing you can do. 150 00:05:58,360 --> 00:06:00,640 You have to understand life ain't fair. 151 00:06:00,640 --> 00:06:03,600 These platforms you're selling on their platform, 152 00:06:03,600 --> 00:06:05,680 they can get rid of you whenever they want. 153 00:06:05,680 --> 00:06:08,120 They can, you see these social media platforms, 154 00:06:08,120 --> 00:06:10,560 people being shadow banned or whatever. 155 00:06:10,560 --> 00:06:12,160 They can do whatever they want to you 156 00:06:12,160 --> 00:06:13,960 because you were on their platform. 157 00:06:13,960 --> 00:06:15,760 Unfortunately, if you don't like that, 158 00:06:15,760 --> 00:06:17,400 you can start your own eBay, 159 00:06:18,760 --> 00:06:22,040 maybe call it Fleabay or you can start your own Amazon, 160 00:06:22,040 --> 00:06:22,880 right? 161 00:06:22,880 --> 00:06:24,080 And go that route. 162 00:06:24,080 --> 00:06:26,040 You can start your own Shopify website. 163 00:06:26,040 --> 00:06:27,120 There's different options, 164 00:06:27,120 --> 00:06:29,680 but you have to realize at the end of the day, 165 00:06:29,680 --> 00:06:31,720 you're playing in their house. 166 00:06:31,720 --> 00:06:33,000 You're living under their roof. 167 00:06:33,000 --> 00:06:34,920 You gotta play by their rules. 168 00:06:34,920 --> 00:06:36,800 It's the same thing when you're growing up 169 00:06:36,800 --> 00:06:38,840 and your parents tell you, you gotta do this, 170 00:06:38,840 --> 00:06:39,800 you gotta do that. 171 00:06:39,800 --> 00:06:42,560 They're house, they're rules until you move out. 172 00:06:42,560 --> 00:06:44,240 And then you can do whatever the heck you want. 173 00:06:44,240 --> 00:06:46,360 But until then, it's just, 174 00:06:46,360 --> 00:06:49,640 that's just the business we've chosen, right? 175 00:06:49,640 --> 00:06:51,280 This is the business path we've chosen. 176 00:06:51,280 --> 00:06:52,680 We wanna resell. 177 00:06:52,680 --> 00:06:54,840 And unfortunately, these things do happen 178 00:06:54,840 --> 00:06:56,800 from time to time, but overall, 179 00:06:57,760 --> 00:07:00,800 it's not going to happen, but you need to be ready. 180 00:07:00,800 --> 00:07:04,440 And that's the importance of today's topic is a plan B. 181 00:07:04,440 --> 00:07:05,760 You gotta have one, right? 182 00:07:05,760 --> 00:07:09,480 You can either go to another platform, 183 00:07:09,480 --> 00:07:12,280 change what you sell, if it's like category-based, 184 00:07:12,280 --> 00:07:13,120 or you can quit. 185 00:07:13,120 --> 00:07:16,200 And I mean, I guess we'll start with the first one. 186 00:07:16,200 --> 00:07:20,240 And the biggest one in my opinion is another platform. 187 00:07:20,240 --> 00:07:22,400 So you get it all the time, right? 188 00:07:22,400 --> 00:07:24,000 Oh, Amazon's better than eBay. 189 00:07:24,000 --> 00:07:25,360 eBay is better than Amazon. 190 00:07:25,360 --> 00:07:26,400 I don't wanna do eBay. 191 00:07:26,400 --> 00:07:28,480 Well, I don't wanna do Amazon. 192 00:07:28,480 --> 00:07:31,960 Personally, in my opinion, I'll shoot this over to you. 193 00:07:31,960 --> 00:07:33,960 It's not a competition. 194 00:07:33,960 --> 00:07:37,560 You should use as many tools in your tool belt as you can. 195 00:07:37,560 --> 00:07:38,560 If it's something out there 196 00:07:38,560 --> 00:07:40,960 where you can make extra money in your business, 197 00:07:40,960 --> 00:07:44,280 sure, it might not be the most funnest thing to do, 198 00:07:44,280 --> 00:07:46,160 take pictures and list on eBay, 199 00:07:46,160 --> 00:07:48,960 but it's a necessary part of your business. 200 00:07:48,960 --> 00:07:50,840 And I think a lot of people get caught up on, 201 00:07:50,840 --> 00:07:53,240 it's gotta be Amazon or it's gotta be eBay, 202 00:07:53,240 --> 00:07:55,240 when in reality, you should have them both going. 203 00:07:55,240 --> 00:07:56,360 It's not a competition. 204 00:07:56,360 --> 00:07:58,240 What's your thoughts? 205 00:07:58,240 --> 00:08:00,960 No, I think the more diversification you have, 206 00:08:00,960 --> 00:08:02,880 diversification, if you're in the stocks, 207 00:08:02,880 --> 00:08:04,080 that's totally a term there. 208 00:08:04,080 --> 00:08:06,000 But if you're not familiar, I'll break it down. 209 00:08:06,000 --> 00:08:07,000 Eggs in one basket. 210 00:08:07,000 --> 00:08:08,840 Everybody knows about eggs in baskets. 211 00:08:08,840 --> 00:08:11,560 If you want one egg, well, it may shatter 212 00:08:11,560 --> 00:08:13,280 if you set that basket down wrong. 213 00:08:13,280 --> 00:08:15,320 So you want as many eggs in that basket 214 00:08:15,320 --> 00:08:18,760 to account for the shattering as you can. 215 00:08:18,760 --> 00:08:22,400 I thought about even doing stuff on Etsy or A-Books 216 00:08:22,400 --> 00:08:24,400 or this, that and the other. 217 00:08:24,400 --> 00:08:27,240 I haven't justified it enough to pull the trigger 218 00:08:27,240 --> 00:08:28,200 on any of those things, 219 00:08:28,200 --> 00:08:30,760 but they are in the back of my mind all the time 220 00:08:30,760 --> 00:08:34,680 to I need to be prepared for if eBay does something 221 00:08:34,680 --> 00:08:38,400 or Amazon does something that drastically affects my business. 222 00:08:38,400 --> 00:08:41,840 And I don't think people, I think people think differently 223 00:08:41,840 --> 00:08:43,360 and they really need to change their mindset. 224 00:08:43,360 --> 00:08:44,200 And I'm gonna roll it back 225 00:08:44,200 --> 00:08:46,680 to what we were beginning to talk about. 226 00:08:46,680 --> 00:08:48,760 eBay and Amazon can do whatever they want, 227 00:08:48,760 --> 00:08:50,040 whenever they want. 228 00:08:50,040 --> 00:08:53,440 And I see it on the forums 229 00:08:53,440 --> 00:08:54,880 and I see it when they make a change. 230 00:08:54,880 --> 00:08:59,160 Everybody stamps up and down, up and down, raging. 231 00:08:59,160 --> 00:09:00,880 Why? It's a waste of time. 232 00:09:00,880 --> 00:09:02,440 They've already made the decision for you, 233 00:09:02,440 --> 00:09:03,920 adjust and move forward. 234 00:09:03,920 --> 00:09:05,760 You're screaming and you're kicking around 235 00:09:05,760 --> 00:09:07,960 and you stomping off and holding your breath 236 00:09:07,960 --> 00:09:10,480 to go, blue is not gonna do a darn thing about it. 237 00:09:10,480 --> 00:09:13,080 You need to have your plan B in preparation 238 00:09:13,080 --> 00:09:15,120 for that day may come. 239 00:09:15,120 --> 00:09:17,000 It may never come, but it may come. 240 00:09:17,000 --> 00:09:18,920 And if you're not prepared for it, 241 00:09:18,920 --> 00:09:20,640 well, you can get all angry, 242 00:09:20,640 --> 00:09:22,600 but at the end of the day, 243 00:09:22,600 --> 00:09:26,360 you gotta make a choice or move forward. 244 00:09:26,360 --> 00:09:28,480 People take it for granted, I think, 245 00:09:28,480 --> 00:09:29,960 especially resellers, right? 246 00:09:29,960 --> 00:09:32,480 There never used to be 10 different platforms 247 00:09:32,480 --> 00:09:34,280 you could sell on like there is today, right? 248 00:09:34,280 --> 00:09:37,080 I mean, there's so many platforms out there 249 00:09:37,080 --> 00:09:39,200 that you could resell your goods on. 250 00:09:39,200 --> 00:09:41,760 Sure, they're all not the biggest sites, 251 00:09:41,760 --> 00:09:43,560 but it's still somewhere you could have yourself. 252 00:09:43,560 --> 00:09:46,360 I think I could sell books on Poshmark even. 253 00:09:46,360 --> 00:09:51,360 You could Depop, Poshmark, Etsy, Macari, whatnot. 254 00:09:52,160 --> 00:09:53,920 There's so many platforms out there. 255 00:09:53,920 --> 00:09:54,760 And people like- 256 00:09:54,760 --> 00:09:56,960 Goodwill.com these days, yeah. 257 00:09:56,960 --> 00:10:01,000 Sign up for Goodwill and make 92 cents of every dollar 258 00:10:01,000 --> 00:10:01,840 you make is not- 259 00:10:01,840 --> 00:10:04,080 I can still do it if I have enough volume. 260 00:10:04,080 --> 00:10:06,600 I'm gonna put my 92% of every dollar I make 261 00:10:06,600 --> 00:10:08,000 goes into my pocket. 262 00:10:09,800 --> 00:10:12,840 But I think resellers take it for granted 263 00:10:12,840 --> 00:10:14,200 that there's so many platforms 264 00:10:14,200 --> 00:10:17,800 and we get so close-minded on this one platform. 265 00:10:17,800 --> 00:10:20,520 And if this has to be the only thing we do, 266 00:10:20,520 --> 00:10:21,560 there's no other way. 267 00:10:21,560 --> 00:10:24,480 When actuality, you gotta kind of be spread out 268 00:10:24,480 --> 00:10:27,800 and be prepared for the comet to come 269 00:10:27,800 --> 00:10:29,040 and crash into the earth. 270 00:10:29,040 --> 00:10:31,120 And all of a sudden you don't have it, right? 271 00:10:31,120 --> 00:10:32,400 So if- 272 00:10:32,400 --> 00:10:34,520 I think everybody has this mental checklist 273 00:10:34,520 --> 00:10:36,560 in their head of pros and cons. 274 00:10:36,560 --> 00:10:39,280 And they wanna see the one with the most pros 275 00:10:39,280 --> 00:10:42,320 and that's all they get laser focused on or tunnel vision. 276 00:10:42,320 --> 00:10:45,560 And everything else, well, this has way more cons. 277 00:10:45,560 --> 00:10:48,560 But the pros are at the end of the day, 278 00:10:48,560 --> 00:10:52,040 more output for your inventory, 279 00:10:52,040 --> 00:10:54,600 especially if you're doing this as a full-time reseller. 280 00:10:54,600 --> 00:10:55,440 If you're doing it part-time, 281 00:10:55,440 --> 00:10:56,920 may not matter to you as much. 282 00:10:56,920 --> 00:11:00,120 But for a full-time person, it matters drastically. 283 00:11:00,120 --> 00:11:02,080 So yeah, I get more money out of Amazon. 284 00:11:02,080 --> 00:11:04,920 I know that, but there's only certain types of things 285 00:11:04,920 --> 00:11:06,840 I can send into Amazon. 286 00:11:06,840 --> 00:11:10,240 I can send everything into eBay, which is a big pros. 287 00:11:10,240 --> 00:11:13,360 So more money on Amazon, but a lot more volume 288 00:11:13,360 --> 00:11:16,800 can go on eBay and different product types even. 289 00:11:17,840 --> 00:11:22,840 But also Amazon offers FBM and the warehouse of FBA. 290 00:11:23,800 --> 00:11:25,640 I could send it in and get it out. 291 00:11:25,640 --> 00:11:28,680 So the pros and cons of both platforms, even with Etsy, 292 00:11:28,680 --> 00:11:30,680 you hear about Etsy is really, really high fees, 293 00:11:30,680 --> 00:11:32,960 but you know what, that caters to a certain audience. 294 00:11:32,960 --> 00:11:37,640 Like if I had decorative books, like I like to call those, 295 00:11:37,640 --> 00:11:38,720 you see them all the time, 296 00:11:38,720 --> 00:11:42,600 those reader digests with those ornate spines, 297 00:11:42,600 --> 00:11:44,760 they don't sell very well on, 298 00:11:44,760 --> 00:11:46,560 they definitely don't sell on Amazon. 299 00:11:46,560 --> 00:11:49,160 They say sell okay on eBay, 300 00:11:49,160 --> 00:11:50,680 but if I were to throw them up on Etsy, 301 00:11:50,680 --> 00:11:52,440 that's the platform those things would need to go. 302 00:11:52,440 --> 00:11:53,640 And that's why I've been considering Etsy, 303 00:11:53,640 --> 00:11:55,880 because I find those stupid things all the time. 304 00:11:55,880 --> 00:11:59,800 So just as a prime example of, 305 00:11:59,800 --> 00:12:02,720 yes, every platform has its pros and cons, 306 00:12:02,720 --> 00:12:07,280 but you need to look at the bigger picture and see, 307 00:12:07,280 --> 00:12:09,480 instead of going, well, that has too many cons. 308 00:12:09,480 --> 00:12:12,720 Okay, how can I use the pro list to my advantage 309 00:12:12,720 --> 00:12:14,240 or know about the platform? 310 00:12:14,240 --> 00:12:16,160 Like I was just mentioning about those decorative books, 311 00:12:16,160 --> 00:12:18,400 figuring those things out as business owners, 312 00:12:18,400 --> 00:12:19,520 I think it's huge. 313 00:12:19,520 --> 00:12:22,160 Yeah, I think another thing too is like, 314 00:12:22,160 --> 00:12:26,960 you don't have to put 100% energy into all these platforms. 315 00:12:26,960 --> 00:12:31,960 So I'm primarily focused on Amazon, it's 95% of my focus. 316 00:12:33,360 --> 00:12:37,200 eBay exists, I list one item every day, 317 00:12:37,200 --> 00:12:38,560 just to say in the algorithm, 318 00:12:38,560 --> 00:12:40,960 and I make a thousand bucks a month off eBay, 319 00:12:40,960 --> 00:12:42,680 I'm perfectly fine with that. 320 00:12:42,680 --> 00:12:45,480 I don't need eBay to carry my business, 321 00:12:45,480 --> 00:12:49,920 but it's basically, I got an extra deployable life raft 322 00:12:49,920 --> 00:12:52,560 in case the shark bites the one I'm sitting in right now, 323 00:12:52,560 --> 00:12:54,600 I can literally just, all right, boom, here we go, 324 00:12:54,600 --> 00:12:55,800 we're hopping over to this one, 325 00:12:55,800 --> 00:12:58,880 and it won't be a seamless transition, 326 00:12:58,880 --> 00:13:01,320 but I understand how the platform works, 327 00:13:01,320 --> 00:13:03,240 and I understand the ins and outs of it. 328 00:13:03,240 --> 00:13:04,520 That's what I'm saying, you don't have to, 329 00:13:04,520 --> 00:13:07,000 your plan B doesn't have to be something 330 00:13:07,000 --> 00:13:10,560 you're actively investing a lot of time or energy into. 331 00:13:10,560 --> 00:13:14,120 It just needs to be there for when the worst happens, 332 00:13:14,120 --> 00:13:15,560 if it does ever happen, 333 00:13:15,560 --> 00:13:18,920 so you can easily continue your business 334 00:13:18,920 --> 00:13:20,160 because you don't wanna quit, right? 335 00:13:20,160 --> 00:13:21,760 You wanna avoid quitting at all costs, 336 00:13:21,760 --> 00:13:23,720 if it's something you enjoy doing, 337 00:13:23,720 --> 00:13:25,120 some people are just in it for the money, 338 00:13:25,120 --> 00:13:26,200 it's not really enjoyment, 339 00:13:26,200 --> 00:13:29,080 so maybe quitting isn't a bad thing, 340 00:13:29,080 --> 00:13:30,600 but if you wanna continue, 341 00:13:30,600 --> 00:13:32,520 you've gotta have another option, 342 00:13:32,520 --> 00:13:35,680 and for most of us, it's eBay and Amazon, 343 00:13:35,680 --> 00:13:38,000 or Amazon and eBay, whatever way you're swinging, 344 00:13:38,000 --> 00:13:41,560 whether you're 95% eBay, 95% Amazon, 345 00:13:41,560 --> 00:13:45,240 that other one has to be there, have an account open, 346 00:13:45,240 --> 00:13:46,920 maybe have a few things listed, 347 00:13:46,920 --> 00:13:48,880 just so you understand how it works, 348 00:13:48,880 --> 00:13:50,360 and your account's in good standing, 349 00:13:50,360 --> 00:13:53,760 so if one of them decides to kick you off the next day, 350 00:13:53,760 --> 00:13:55,560 you're all in on the other one, 351 00:13:55,560 --> 00:13:56,920 and then you would build from there, right? 352 00:13:56,920 --> 00:13:58,400 So I can't sell on Amazon no more, 353 00:13:58,400 --> 00:14:00,520 so I'm selling on eBay, and guess what? 354 00:14:00,520 --> 00:14:03,200 I'm loading up, you know, McCarrie or Depop, 355 00:14:03,200 --> 00:14:05,440 and then that's gonna be what eBay was, 356 00:14:05,440 --> 00:14:08,560 my backup one, in case things go south on eBay, 357 00:14:08,560 --> 00:14:10,600 so you always gotta have a plan ready, 358 00:14:10,600 --> 00:14:13,360 and like we were talking about, even within Amazon, 359 00:14:13,360 --> 00:14:16,520 even within the platforms, you gotta have a backup plan, 360 00:14:16,520 --> 00:14:18,360 especially with Amazon, because they can say, 361 00:14:18,360 --> 00:14:20,800 hey, you can only send in X amount of items, 362 00:14:20,800 --> 00:14:23,360 so you gotta be ready to pivot right away 363 00:14:23,360 --> 00:14:26,080 within the platform, which is crazy, 364 00:14:26,080 --> 00:14:28,600 but you know, like you said, they can do what they want, 365 00:14:28,600 --> 00:14:30,560 they decide they don't wanna sell books no more, 366 00:14:30,560 --> 00:14:32,160 and they ain't got it. 367 00:14:32,160 --> 00:14:33,640 And here's a perspective for me, 368 00:14:33,640 --> 00:14:36,680 I started at eBay, right, I was doing no Amazon, 369 00:14:36,680 --> 00:14:39,320 so I was, and then I found your channel, 370 00:14:39,320 --> 00:14:41,760 and I was looking for another place to diversify it, 371 00:14:41,760 --> 00:14:44,400 and I was like, okay, I'm gonna give Amazon a whirl, 372 00:14:44,400 --> 00:14:47,040 but I was waiting for the buy box for six months, 373 00:14:47,040 --> 00:14:49,720 so about 5% of my effort was going toward Amazon, 374 00:14:49,720 --> 00:14:52,240 95% was going over eBay, I got the buy box, 375 00:14:52,240 --> 00:14:53,520 I got to enjoy it for one week, 376 00:14:53,520 --> 00:14:55,960 before the restock limit's hit by the way, one week, 377 00:14:55,960 --> 00:15:00,520 so for that week, I was box, box, box, box, and then eBay, 378 00:15:00,520 --> 00:15:02,080 because I gotta do eBay every day, right, 379 00:15:02,080 --> 00:15:07,080 so my priority shifted from like 5% to like 45% for Amazon, 380 00:15:07,920 --> 00:15:10,040 so you gotta account for that, 381 00:15:10,040 --> 00:15:12,160 there's certain things you gotta do on a platform, 382 00:15:12,160 --> 00:15:14,480 even on eBay, you start off with 10 listings, 383 00:15:14,480 --> 00:15:17,640 you gotta prove to eBay to get more, 384 00:15:17,640 --> 00:15:19,840 so when you make that shift, 385 00:15:19,840 --> 00:15:22,920 those building months or weeks or whatever, 386 00:15:22,920 --> 00:15:23,760 you gotta account for that, 387 00:15:23,760 --> 00:15:25,840 so the sooner you get that open for you, 388 00:15:25,840 --> 00:15:27,760 the more options you have available 389 00:15:27,760 --> 00:15:30,040 for when that bad thing happens, 390 00:15:30,040 --> 00:15:32,400 like everybody knows what happened this week on Amazon, 391 00:15:32,400 --> 00:15:34,920 if you don't, hit the news cycle. 392 00:15:34,920 --> 00:15:39,360 Yeah, so basically Amazon randomly selected certain accounts 393 00:15:39,360 --> 00:15:41,720 that said, hey, you can't sell books no more, 394 00:15:41,720 --> 00:15:45,120 and there was no rhyme or reason for it, right, 395 00:15:45,120 --> 00:15:48,120 we had one member of the group that was affected by it, 396 00:15:48,120 --> 00:15:51,240 and I kinda did some digging to try to figure it out, 397 00:15:51,240 --> 00:15:54,080 and everybody that was affected was just, 398 00:15:54,080 --> 00:15:55,840 it was randomness, right, there was no, 399 00:15:55,840 --> 00:15:58,240 hey, it's because of this, it's because of that, 400 00:15:58,240 --> 00:16:01,360 and unfortunately with Amazon, this happens pretty often, 401 00:16:01,360 --> 00:16:04,320 for a platform that makes the money they do, 402 00:16:04,320 --> 00:16:06,760 the backend is just terrible with the software 403 00:16:06,760 --> 00:16:10,520 and the updates and the glitches and the nonsense, 404 00:16:10,520 --> 00:16:14,400 so basically, probably thousands of booksellers 405 00:16:14,400 --> 00:16:15,640 woke up with an email that said, 406 00:16:15,640 --> 00:16:17,280 you can't sell books no more, 407 00:16:17,280 --> 00:16:19,480 because it's fourth quarter, 408 00:16:19,480 --> 00:16:21,360 so people are freaking out, 409 00:16:21,360 --> 00:16:24,800 and all we could dig up was that there's no rhyme or reason, 410 00:16:24,800 --> 00:16:26,640 so it must be a glitch. 411 00:16:26,640 --> 00:16:30,920 Took Amazon basically 48 hours to respond and say, 412 00:16:30,920 --> 00:16:32,760 hey, we're looking into it. 413 00:16:32,760 --> 00:16:34,200 Not bad. 414 00:16:34,200 --> 00:16:36,760 That's crazy, right, so I can't imagine 415 00:16:36,760 --> 00:16:39,400 if I would've got that email, what you do, 416 00:16:39,400 --> 00:16:43,880 but that's why, that's the whole point of this podcast here 417 00:16:43,880 --> 00:16:45,360 is you gotta have a plan B, 418 00:16:45,360 --> 00:16:48,000 so if that happens to me, guess what? 419 00:16:48,000 --> 00:16:51,440 Yeah, it's a glitch, but all my focus for those 48 hours 420 00:16:51,440 --> 00:16:53,040 that I can't sell books on Amazon, 421 00:16:53,040 --> 00:16:55,280 because that's what it says, right? 422 00:16:55,280 --> 00:16:56,560 Sure, you can put in a ticket, 423 00:16:56,560 --> 00:16:57,880 but you shouldn't be banking on that, 424 00:16:57,880 --> 00:16:59,440 you should be thinking, okay, 425 00:16:59,440 --> 00:17:00,960 well, if this is how it's gonna be, 426 00:17:00,960 --> 00:17:02,160 then this is what I need to do, 427 00:17:02,160 --> 00:17:04,440 and that's what you need to start doing immediately. 428 00:17:04,440 --> 00:17:06,800 If it comes back, if it's a glitch, anything like that, 429 00:17:06,800 --> 00:17:08,920 so be it, and an example of the group, 430 00:17:08,920 --> 00:17:11,320 he could still sell CDs and DVDs, 431 00:17:11,320 --> 00:17:14,200 so he knew the account wasn't banned, 432 00:17:14,200 --> 00:17:15,960 it was just some kind of thing with the books 433 00:17:15,960 --> 00:17:17,560 that we weren't sure of, 434 00:17:17,560 --> 00:17:19,440 and the thought process would've been, 435 00:17:19,440 --> 00:17:20,280 hey, I'm gonna go out, 436 00:17:20,280 --> 00:17:23,160 and I'm gonna hustle harder for some CDs and DVDs, 437 00:17:23,160 --> 00:17:26,160 and flood them with CDs and DVDs, and you just pivot, 438 00:17:26,160 --> 00:17:28,240 so you could still stay within Amazon, 439 00:17:28,240 --> 00:17:30,200 and then your books, they just go on eBay, right? 440 00:17:30,200 --> 00:17:32,040 It's just, you gotta be thinking of that. 441 00:17:32,040 --> 00:17:33,400 That was exactly my plan. 442 00:17:33,400 --> 00:17:35,160 I was mad for about 60 seconds, 443 00:17:35,160 --> 00:17:39,280 because, hey, that affects my business, right? I'm mad. 444 00:17:39,280 --> 00:17:42,720 Cool, you can be mad, but not for very long. 445 00:17:42,720 --> 00:17:44,680 And exactly what I was gonna do, 446 00:17:44,680 --> 00:17:46,080 I was gonna wait about a week or a month 447 00:17:46,080 --> 00:17:48,240 to see if it was final, and if it was final, 448 00:17:48,240 --> 00:17:51,600 all that's gonna happen is I have a division 449 00:17:52,360 --> 00:17:55,000 of books going to eBay and books going to Amazon. 450 00:17:55,000 --> 00:17:56,920 All that happened is that Amazon pile 451 00:17:56,920 --> 00:17:58,640 would be shifted to the right. 452 00:17:58,640 --> 00:17:59,480 That's all that happened, 453 00:17:59,480 --> 00:18:01,240 and exactly like you were saying, 454 00:18:01,240 --> 00:18:05,840 more DVDs and more CDs for Amazon. 455 00:18:05,840 --> 00:18:08,360 So I guess, I mean, think about it. 456 00:18:08,360 --> 00:18:09,280 Let's try to think about it, 457 00:18:09,280 --> 00:18:12,480 and it's kind of tough for us, because we have backup plans. 458 00:18:12,480 --> 00:18:15,200 So if you don't have a backup plan, 459 00:18:15,200 --> 00:18:18,080 I mean, if I'm only selling on Amazon, 460 00:18:18,080 --> 00:18:20,680 and I get told I can't sell on Amazon anymore, 461 00:18:21,600 --> 00:18:23,840 and I don't even have an eBay account, 462 00:18:23,840 --> 00:18:26,560 I don't even have another reselling platform account, 463 00:18:26,560 --> 00:18:29,840 I mean, you're looking at, just for the volume's sake, 464 00:18:29,840 --> 00:18:31,560 it's gonna take you at least a month 465 00:18:31,560 --> 00:18:33,480 to be able to list as many items 466 00:18:33,480 --> 00:18:35,480 that you had on these other platforms. 467 00:18:38,040 --> 00:18:40,920 I can't even imagine, it's a huge headache. 468 00:18:40,920 --> 00:18:44,040 Johnny B's got a customer in his warehouse. 469 00:18:44,040 --> 00:18:46,560 He's doing this from his warehouse. 470 00:18:46,560 --> 00:18:48,040 That's my landlord, actually, so. 471 00:18:48,040 --> 00:18:50,000 Uh-oh, it's the landlord. 472 00:18:50,000 --> 00:18:53,160 The rent doesn't do, I've already paid, I promise. 473 00:18:53,160 --> 00:18:55,600 The warehouse landlord, he's got a bat to happen on the floor. 474 00:18:55,600 --> 00:18:58,120 All you're gonna see is a bat swing across the screen. 475 00:18:58,120 --> 00:19:01,400 Yup, yup, this is about to get real crazy here. 476 00:19:01,400 --> 00:19:03,200 But yeah, you need to have a plan, 477 00:19:03,200 --> 00:19:05,840 and I seriously can't think of, 478 00:19:05,840 --> 00:19:08,720 if I didn't have a plan, maybe it's just like, 479 00:19:08,720 --> 00:19:10,400 I don't know, maybe it's life experiences 480 00:19:10,400 --> 00:19:12,680 when you've been through some crazy stuff. 481 00:19:12,680 --> 00:19:15,840 You kinda always expect the worst or expect the unexpected, 482 00:19:15,840 --> 00:19:19,640 and things can just go south real quick, 483 00:19:19,640 --> 00:19:22,000 and it's not your fault. 484 00:19:22,000 --> 00:19:23,480 What did the guy in the group do 485 00:19:23,480 --> 00:19:25,440 to deserve to get that email, Al, any of us? 486 00:19:25,440 --> 00:19:26,720 He started his account. 487 00:19:26,720 --> 00:19:27,560 He deserved it. 488 00:19:27,560 --> 00:19:29,120 Exactly, you've given up your account 489 00:19:29,120 --> 00:19:30,240 the moment you sign up for it. 490 00:19:30,240 --> 00:19:32,640 Just noodle on that for a little bit. 491 00:19:32,640 --> 00:19:35,880 It's like some random, some RNG number, 492 00:19:35,880 --> 00:19:39,400 just the lottery pick random numbers for account IDs 493 00:19:39,400 --> 00:19:40,640 and send them out to that, right? 494 00:19:40,640 --> 00:19:43,840 There's no rhyme or reason for it, and it sucks, right? 495 00:19:43,840 --> 00:19:46,960 And your initial thought is to just quit, right? 496 00:19:46,960 --> 00:19:51,000 Quitting's the easy way, but I think there's a good quitting 497 00:19:51,000 --> 00:19:53,640 and a bad quitting, as silly as that sounds. 498 00:19:53,640 --> 00:19:56,200 The bad quitting is like, you just quit 499 00:19:56,200 --> 00:20:00,080 because you're pissed off that you got done wrong, right? 500 00:20:00,080 --> 00:20:02,280 That's like the biggest slap in the face 501 00:20:02,280 --> 00:20:03,640 like you were saying, right? 502 00:20:03,640 --> 00:20:05,560 You only stay pissed for 60 seconds, 503 00:20:05,560 --> 00:20:07,480 but some people just shut down, right? 504 00:20:07,480 --> 00:20:09,640 That's just, some people get so frustrated. 505 00:20:09,640 --> 00:20:11,720 They're like, hey, I'm done with this. 506 00:20:11,720 --> 00:20:13,560 There's no other way I give up. 507 00:20:13,560 --> 00:20:16,480 I know, maybe we call that rage quitting, right? 508 00:20:16,480 --> 00:20:17,800 Yeah, yeah, rage quitting, right? 509 00:20:17,800 --> 00:20:21,160 And there's no seeing the next step. 510 00:20:21,160 --> 00:20:23,280 The possibilities are there. 511 00:20:23,280 --> 00:20:25,240 Sure, it sucks you gotta move your inventory 512 00:20:25,240 --> 00:20:27,080 from Amazon to eBay, but there's still, 513 00:20:27,080 --> 00:20:29,960 you can still make it, have a profitable business 514 00:20:29,960 --> 00:20:30,800 doing that. 515 00:20:30,800 --> 00:20:32,840 There's no point in just giving up. 516 00:20:32,840 --> 00:20:35,720 Here's an exercise I want everybody listening 517 00:20:35,720 --> 00:20:38,000 or watching, whichever the case may be. 518 00:20:38,000 --> 00:20:39,920 If you're just a single platform seller, 519 00:20:39,920 --> 00:20:41,400 let's say you're an all Amazon person 520 00:20:41,400 --> 00:20:43,800 or all eBay or whatever, it doesn't matter. 521 00:20:43,800 --> 00:20:45,840 I want you to take a piece of paper 522 00:20:45,840 --> 00:20:48,200 or you can type it up on Word if you want, 523 00:20:48,200 --> 00:20:50,240 you anti-pinning paper people. 524 00:20:50,240 --> 00:20:55,240 Come up with 10 ways to, okay, I'm out of business here. 525 00:20:55,880 --> 00:20:59,200 Where can I be in business in 10 different places? 526 00:20:59,200 --> 00:21:01,760 How, you know, and work out how that would work. 527 00:21:01,760 --> 00:21:04,720 And then with that list, prioritize again, 528 00:21:04,720 --> 00:21:05,800 with that pros and cons, 529 00:21:05,800 --> 00:21:07,960 because they all have the pros and cons 530 00:21:07,960 --> 00:21:10,240 of how can I adjust my business? 531 00:21:10,240 --> 00:21:11,960 Maybe I need to open three or four, 532 00:21:11,960 --> 00:21:14,000 if that day weren't to ever come. 533 00:21:14,000 --> 00:21:15,840 And then start implementing it. 534 00:21:15,840 --> 00:21:19,280 Because like we said, building up eBay takes a little bit. 535 00:21:19,280 --> 00:21:21,200 Building up Amazon takes a little bit. 536 00:21:21,200 --> 00:21:23,640 If you start now, when that hit comes, 537 00:21:23,640 --> 00:21:25,840 if it does, you're prepared. 538 00:21:25,840 --> 00:21:27,280 It will not affect your business. 539 00:21:27,280 --> 00:21:29,040 You'll be mad for those 60 seconds, 540 00:21:29,040 --> 00:21:30,960 but it will not affect your business. 541 00:21:31,880 --> 00:21:35,320 Yeah, I think the good quitting is like, 542 00:21:35,320 --> 00:21:38,320 maybe you weren't getting the results you wanted to get, 543 00:21:38,320 --> 00:21:41,560 or you're really not happy with what you're doing. 544 00:21:41,560 --> 00:21:44,240 Maybe something like if your account gets shut down, 545 00:21:44,240 --> 00:21:45,880 maybe it's a blessing in disguise. 546 00:21:45,880 --> 00:21:48,120 I don't always wanna look at it in a negative mindset. 547 00:21:48,120 --> 00:21:50,800 Like, some people aren't happy with what they're doing, 548 00:21:50,800 --> 00:21:52,640 and some people aren't making any money. 549 00:21:52,640 --> 00:21:55,440 We see it all the time when we're listing items, 550 00:21:55,440 --> 00:21:57,560 people are selling things at a loss, 551 00:21:57,560 --> 00:21:58,840 and they probably don't even realize 552 00:21:58,840 --> 00:22:00,600 they're selling it at a loss. 553 00:22:00,600 --> 00:22:02,440 And so maybe it's a blessing in disguise. 554 00:22:02,440 --> 00:22:05,320 So I wouldn't say quitting is always a bad thing. 555 00:22:05,320 --> 00:22:08,120 You just have to be comfortable with doing it, 556 00:22:08,120 --> 00:22:11,040 and you'd be comfortable with the decision a month from now 557 00:22:11,040 --> 00:22:14,000 when you're sitting there and you're not reselling, 558 00:22:14,000 --> 00:22:15,640 and you're perfectly fine with that, right? 559 00:22:15,640 --> 00:22:16,800 You don't have no regrets. 560 00:22:16,800 --> 00:22:18,680 You don't wanna have any regrets when you make a decision 561 00:22:18,680 --> 00:22:20,800 about giving up on something. 562 00:22:20,800 --> 00:22:24,000 Right, and here's something else to think about. 563 00:22:24,000 --> 00:22:27,560 Think of how the platform, I hate to say it, can screw you. 564 00:22:27,560 --> 00:22:30,520 And here's a perfect example, both Amazon and eBay, 565 00:22:30,520 --> 00:22:32,080 they're no longer offering media mail, 566 00:22:32,080 --> 00:22:34,280 or the post office is no longer offering media mail. 567 00:22:34,280 --> 00:22:36,040 What's the adjustment that needs to be made? 568 00:22:36,040 --> 00:22:37,240 Because you need to make an adjustment, 569 00:22:37,240 --> 00:22:39,640 you're a media seller, how does that work? 570 00:22:39,640 --> 00:22:42,200 Well, it probably means you start selling things 571 00:22:42,200 --> 00:22:44,520 for listing a lot higher, first of all, 572 00:22:44,520 --> 00:22:46,920 where you try to find what's as close to media mail 573 00:22:46,920 --> 00:22:48,040 now that media mail is gone. 574 00:22:48,040 --> 00:22:49,400 Because if you're just banking on media mail 575 00:22:49,400 --> 00:22:52,840 and it goes away one day, and it could, it could. 576 00:22:52,840 --> 00:22:56,200 Uncle Sam could be like, nah, they don't exist anymore. 577 00:22:56,200 --> 00:22:58,360 It's expensive too, media mail's going up a lot 578 00:22:58,360 --> 00:23:00,320 just this past year, rates are going up. 579 00:23:00,320 --> 00:23:03,160 I think it was like, what was it, like 60 cents? 580 00:23:03,160 --> 00:23:06,360 Yeah, it went up 60 cents, we're like 349 base now. 581 00:23:06,360 --> 00:23:08,720 And then first class right now, 582 00:23:08,720 --> 00:23:10,920 I was getting away like 370, 380, 583 00:23:10,920 --> 00:23:12,920 it's at least four and a quarter now, 584 00:23:12,920 --> 00:23:15,520 minimum because of the holiday uptick. 585 00:23:15,520 --> 00:23:16,920 And every holiday, if you're unaware, 586 00:23:16,920 --> 00:23:20,520 the prices do go up, both media and first class, 587 00:23:20,520 --> 00:23:22,640 all the mail classes actually go up. 588 00:23:22,640 --> 00:23:24,680 I think it's, I think that's a good way to look at it 589 00:23:24,680 --> 00:23:28,360 because I'm a firm believer that some people out there 590 00:23:28,360 --> 00:23:30,960 rely on the media mail rates too heavily 591 00:23:32,040 --> 00:23:34,520 with their business, especially with eBay, 592 00:23:34,520 --> 00:23:37,480 just looking at some of the listings I see out there. 593 00:23:37,480 --> 00:23:39,480 And you can't control that, right? 594 00:23:39,480 --> 00:23:41,000 And there's no other media mail, 595 00:23:41,000 --> 00:23:42,600 there's no other way you can ship something 596 00:23:42,600 --> 00:23:45,200 that cheap, so it's like, you know, 597 00:23:45,200 --> 00:23:48,120 if you need to have a plan B for even minor things 598 00:23:48,120 --> 00:23:52,480 like that, you know, what happens when Amazon changes 599 00:23:52,480 --> 00:23:54,160 its listing process, right? 600 00:23:54,160 --> 00:23:55,520 Through Amazon Seller Central, 601 00:23:55,520 --> 00:23:58,160 it's a whole new thing you gotta figure out. 602 00:23:58,160 --> 00:23:59,480 You can get a listing software, 603 00:23:59,480 --> 00:24:01,000 that's probably the smartest way to do it, 604 00:24:01,000 --> 00:24:03,480 or you're gonna have to completely figure out the new one. 605 00:24:03,480 --> 00:24:05,720 And you better believe the new one's not gonna be 606 00:24:05,720 --> 00:24:07,920 as good as the old one because nothing ever is, 607 00:24:07,920 --> 00:24:10,480 no matter what you're talking about in life, 608 00:24:10,480 --> 00:24:12,200 the old ones are usually better, right? 609 00:24:12,200 --> 00:24:15,360 So, and that's happened this year with on Amazon, 610 00:24:15,360 --> 00:24:18,520 the whole workflow changed and the new one sucks. 611 00:24:18,520 --> 00:24:21,120 I got hit on eBay, they changed the whole way 612 00:24:21,120 --> 00:24:24,360 you do listings now, it's like meant for cell phone people, 613 00:24:24,360 --> 00:24:27,360 I hate you people, not really, but anyway. 614 00:24:27,360 --> 00:24:29,040 So I was doing 40 listings a day, 615 00:24:29,040 --> 00:24:30,280 I had to cut back to 30, 616 00:24:30,280 --> 00:24:33,240 because I was doing an additional three hours, 617 00:24:33,240 --> 00:24:36,080 I do a lot of detail with my old books on eBay, 618 00:24:36,080 --> 00:24:38,600 but because I was having to confirm everything 619 00:24:38,600 --> 00:24:40,840 I was typing in versus me just typing in 620 00:24:40,840 --> 00:24:44,040 and moving on to the next line on the item specifics, 621 00:24:44,040 --> 00:24:46,160 it affected me, I had to adjust for it. 622 00:24:46,160 --> 00:24:49,320 And unfortunately, the adjustment was me taking a step back. 623 00:24:49,320 --> 00:24:51,440 But now I figured I had to take a step forward, 624 00:24:51,440 --> 00:24:53,800 and so I'm probably gonna go back up to my 40, 625 00:24:53,800 --> 00:24:55,000 but it took me a little bit of time, 626 00:24:55,000 --> 00:24:58,320 and I was unprepared for it, completely caught me off guard. 627 00:24:58,320 --> 00:25:00,280 Yeah, I think you just hit it on the head too. 628 00:25:00,280 --> 00:25:02,240 It's all right if your pivot 629 00:25:02,240 --> 00:25:04,520 maybe slows you down for a while, right? 630 00:25:04,520 --> 00:25:06,160 It's perfectly fine, 631 00:25:06,160 --> 00:25:09,440 because you're basically rebuilding your business, 632 00:25:09,440 --> 00:25:12,480 or you're rebuilding a process in your business, 633 00:25:12,480 --> 00:25:15,040 not from nothing, because that's the whole point, right? 634 00:25:15,040 --> 00:25:16,520 You wanna have a plan written down, 635 00:25:16,520 --> 00:25:19,160 or maybe some groundwork laid out 636 00:25:19,160 --> 00:25:21,120 so that you're not building from nothing, 637 00:25:21,120 --> 00:25:22,640 but you're building from the ground up. 638 00:25:22,640 --> 00:25:24,840 So it's gonna take a little bit of time to get into it. 639 00:25:24,840 --> 00:25:27,520 So it's all right, you can't expect if you get 640 00:25:27,520 --> 00:25:29,400 kicked off a platform that you're gonna be making 641 00:25:29,400 --> 00:25:32,160 the same amount of money on a completely different platform 642 00:25:32,160 --> 00:25:33,800 right away, it takes time. 643 00:25:33,800 --> 00:25:36,120 The important part is to have that plan 644 00:25:36,120 --> 00:25:39,600 so the transition is as smooth as it can be, 645 00:25:39,600 --> 00:25:42,200 and it just kind of flows, right? 646 00:25:42,200 --> 00:25:44,880 I guess the big thing is your mental health 647 00:25:44,880 --> 00:25:47,480 and your frustration when that happens, right? 648 00:25:47,480 --> 00:25:49,560 Because you're gonna be, like Amazon banned me, 649 00:25:49,560 --> 00:25:50,880 I'd be so pissed off. 650 00:25:51,880 --> 00:25:55,400 Deb would have to talk me down every day for like- 651 00:25:55,400 --> 00:25:57,440 I'm sure I'd be getting a phone call. 652 00:25:57,440 --> 00:25:59,600 Yeah, so you're gonna be pissed off, 653 00:25:59,600 --> 00:26:03,240 but take the anger and the stupidity of being banned 654 00:26:03,240 --> 00:26:05,720 for no reason or whatever reason it is, 655 00:26:05,720 --> 00:26:08,800 and roll that into the other part of your business 656 00:26:08,800 --> 00:26:11,160 that you've been saving as a backup. 657 00:26:12,280 --> 00:26:13,840 Thanks for listening to another episode 658 00:26:13,840 --> 00:26:15,880 of the Resellers Mindset Podcast. 659 00:26:15,880 --> 00:26:18,200 Today's full episode and all previous episodes 660 00:26:18,200 --> 00:26:20,320 are available to all YouTube members 661 00:26:20,320 --> 00:26:23,120 along with the weekly Zoom call and private Discord. 662 00:26:23,120 --> 00:26:26,320 Head on over to youtube.com backslash to use book guy 663 00:26:26,320 --> 00:26:36,320 and consider joining for as little as $2.99 a month.