eBay

betterfitment4u · ‎03-02-2021

I dream
Of turning my ebay gig into a life changing situation I know that with enough dedication and my skill set I can make happen quick...1 already am. I started December and habe already paid myself back all the money I started it with. I understand
Numbers well and I have 2 different service departments in 2 different towns, each exclusively selling me everything they have for cheap. They are
Selling me 40+ years of parts that are new old stock. Shelves and shelves and shelves full.
And the other one is a different OEM certified department warehouse for 40+ years.
I have 3 weeks to come up with the remaining $5,000 dollars to fully buy the first one. I'll be sitting on around $80,000 -$100,000 in inventory with having had only invested a very small fraction of that initially into it.:and then turn around and buy the other one in a very similar fashion with me then having enough parts to have my own warehouse.

Okay. With all that being said. Help! I need some advise on how to turn what I have on ebay now...which is worth double the amount I need...into cash within three weeks to attain the 2 warehouses at the end of the month. Both businesses are waiting to exclusively sell to me by the end of the month for the first one. I HAVE to succeed at this. I have family that are homeless and so close to the edge financially that me getting this would change all our lives. Financial independence was a pipe dream until I started selling car parts. Literally lifechanging.

simba6 · ‎03-02-2021

Well, parts can be hard to sell. Until someone needs the exact ones your selling there is little you can do. There are just so many parts then make, model, year it just goes on and on.

skate_man1000 · ‎03-02-2021

Ebay is tricky. They do alot of things to hinder the success of a small seller which I won't get into in super detail because it has been talked about to death. I have been selling on ebay for 15 years and never sell more than 25-30 items a month no matter how hard I work. I have done many a long day listing as well, researching and adjusting listings. There is a guy that has actually been banned from the community board, but he wrote an amazing essay on "Are you a member of the 30 item club?" Talks about throttling and secret limits put on you account. I don't know if true, but seems like it, Ebay has signed contracts with China Corporate Sellers with guaranteed sell through rates. And if the companies don't hit those numbers Ebay owes them money. So they use a ton of resources to make it happen. That being said, list as many items as you can afford/source. Ebays algorithm like when you list a few things everyday. Answer all customer questions even if you have it explained in the listing. Even after the sale. Ship stuff out the same day as paid. Just try to be the best seller you can be. At the least I guarantee you will make some decent side hustle money. Good luck.

reallynicestamps · ‎03-02-2021

Is eBay your only venue?

betterfitment4u · ‎03-02-2021

For online selling yes. I have a steady income from my job as well. I work 12 hr shifts rotating days and nights. It gives me 4 days off after every 4th day working. Alot of time to dedicate to this.

coolections · ‎03-02-2021

You will never sell that much that fast on Ebay unless you practically give those parts away. It is just not going to happen. You need to branch out to more selling venues if you are in that much of a hurry. I would be very cautious if I where you getting in over your head and stuck with all that stuff.