The Reseller Entrepreneur: Recent Episodes

Old Fashioned Mike

OFM is about the business of reselling via a multitude of online platforms and taking what is often a hobby to a full time profession. The podcast helps you successfully navigate the various issues you may encounter over your career and improve your chances of success. It's simple but not easy. Join us.

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Hello everyone.  In this episode, I talk about email marketing and the top 10 tools you can use to increase your sales.

While some of them are cost prohibitive, this episode should get you thinking on what you can do to make eBay customers your customers.

Happy listening.

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Hey, we are fine after Hurricane Ian; no loss of life nor INVENTORY!

In this episode, I talk about Naysayers, what they are and why they don't matter.  I then go into methods to nurture existing customers to make them fanatics.

I hope all are well, and as always, if you want to reach me you can do so at https://reseller.sparklercrm.com/

Mike

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In this episode, I talk about the habits you need to have to improve your success in reselling.  Although these habits were originally written for traditional entrepreneurs, I tie them into habits needed for resellers.

I also apologize for being too slow on this episode; as you can imagine,  running two separate businesses has its downside...time management should be the 13th habit!

Happy listening, and as always, if you want to reach me, you can do so at https://reseller.sparklercrm.com/

Stories and Strategies for Public Relations
Communication is in every facet of our daily business.
Listen on: Apple Podcasts   Spotify

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In today's episode, I connect with Jessica Macera from Business Dynamix Solutions in Naples Florida, and talk about their services for resellers.

Many bookkeeping agencies provide resellers with services, but coupled with fulfillment services, I see this as a game changer for my business.

The website for BDS is https://businessconsultinghelp.com/.  Check it out.

I did mess up on some of the audio (about 30 seconds or so), please excuse the mistake.  But fulfillment services are going to revolutionize reselling on eBay I believe.

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We had to rearrange a few things since our special guest had a last-minute issue she had to deal with.  So I recorded next week's podcast this week.

Today I talk about 9 challenges resellers struggle with and how to fix them.  It is adapted from a talk I attended where the speaker was speaking about ALL small businesses, but I think it applies to us as well.

  1. Finding Customers
  2. Increasing Brand Awareness
  3. Building an Email List (I can help you with that)
  4. Lead Generation - Non-traditional ways for eBay sellers
  5. Customer Service
  6. Hiring/Firing
  7. Managing Workflow
  8. Managing your money
  9. Scaling your business

See you next week when I meet (hopefully) with Jessica Macera from Business  Dynamix Solutions.

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Hello to you all.

Today I talk about the levers in your reselling business.  Now I've talked about these before but I want to offer a summation for many of you because I receive many questions about the levers in your business.

Running a successful reselling business requires you to master these levers.  While there are many more, I focus on the following:

  • Space
  • Movement
  • Time
  • Money
  • Shipping - Making it not cost you!

Lastly, I talk about fulfillment and an upcoming guest.

See you soon.

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Hello all, it has been 3 months since we last spoke.  I am relaunching this podcast because I realized that I missed it!

Funny enough, many new listeners didn't realize that I stopped recording.  I still get emails almost daily from you asking questions and seeking advice.  Keep the questions coming but my new email (well my old-new email) is mike@sparklerdesign.com.

In today's episode, I talk go back and quickly retell my origin story, my business, and my philosophy.  I also talk about how the landscape is changing and what you need to start thinking about to keep going.

In this reformulated podcast I will be talking to experts in the area of reselling, business management, marketing, and even some of our old guests.

It's a new day!

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All OFM listeners.  If you've been listening for any length of time, you probably are aware that I also have another business where I develop software for others.  What I have not talked about too much is my software brainchild, SparklerCRM (https://sparklercrm.com), which is an email marketing platform.

So it is with heavy heart that this episode will be my last.

I still feel that eBay (and others) is a viable way to step into the online retail world, unless you are specifically selling sneakers, high dollar trading cards, watches or other high ticket items, the eyes on your items are dwindling.  I'm still a reseller, I have a ton on inventory to sell!

I think in this episode I make a reasonably strong case that you should start to look at expanding your sales channels to other platforms.  Stay on eBay but EXPAND.  The way to do this is to convert customers from eBay into becoming YOUR customers.  We've talked about this before, it's becoming much more important as we move along our journey.

Thank you for listening, I really appreciate you.

If you ever need anything, you can reach out to me via my website.

Signing off for the last time,
Old Fashioned Mike

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In this episode I talk about taxes and what you need to do during this time to improve your business.

Thank you for all of your support!

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In this episode, I go over updates with me and eBay.  I've also decided that I won't be promoting any sponsors for this podcast, no reason other than I am really focusing on other areas for this show.

Thanks and hope to hear from you.

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In this episode, I go over how to look at your numbers.  They can be deceiving and often will work against you psychologically.  In the end, there is only one important number, the other are just levers.  Listen to this episode and find out which one.

As always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is now a web service for tracking your numbers.  It also has a real user-friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off your purchase.

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In this episode, I go over end-of-year activities that all resellers need to focus on to close out 2021, what I am planning on in 2022 and I go over the questions you have sent me over the last month or so.   

As always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is now a web service for tracking your numbers.  It also has a real user-friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchse.

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In this short but entertaining episode I go over a recent bad experience I had with another eBay seller.

It's quick but packed with good advice.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is now a web service for  tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase. 

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In this episode I go over the results of my store review with a veteran reseller, the Auction Professor, on his Patreon site.  It was not all good either!  I need to check my ego at the door for this episode but his feedback was good and I'm implementing new things because of it.

If you don't follow him on YouTube, you should.  You can find him at https://www.youtube.com/c/TheAuctionProfessor.

He's probably the best YouTuber for collectibles (other than sports cards) in my opinion.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is now a web service for  tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase. 

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There is a lot of things changing in the reselling world and change is hard.  In this episode, I talk about change and why being negative is not helping.

I love this episode!

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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eBay has released their seller update and it was a disaster.  In this episode I give some tips to get back on track.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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This move has been an eye opener.  There is an algorithm and I felt the effects.  In this short and panicked episode, you can hear the stress in my voice.  But I'm up and running and things will hopefully get back to normal.   

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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It's moving week!  In this episode I go over what I've been doing before my move, specifically around reducing recurring expenses and a new experiment that increased my profitability drastically by killing an old eBay myth...listen and try it.

See you in two weeks. 

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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This episode is a store update and I go over a few more experiments that I do to boost sales during this summer slowdown.  It worked! 

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I get a question from a listener about paying off debt vs. growing their business.  It's the first week we have moved to the bi-weekly schedule so please send me your questions and I'll pick one for the next episode.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I get a few questions from audience members and I go through the process of analyzing a new product line not discussed on this podcast before.

I also announce that this podcast will go on a new schedule starting next week.  I will be going down to 2 podcasts a month so I can focus on a new "to be announced" YouTube channel focusing on my store.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I go through examples on sellers that scaled their business.  I focus on what they are doing vs. the YouTube crowd.  Not trying to disparage either, but I note that they are DIFFERENT.  I illustrate the difference.  The link to the people's stories I talk about:

https://community.ebay.com/t5/Announcements/bg-p/Announcements

I am recording this early so if you didn't go to eBay Open, there is always next year.  I hope it is in person so I can meet some of you.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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I closed out July and a big SUCK.  I sold 10% of what I would normally have on a weekend.  How do I motivate myself in the summer slowdown?  I talk about that today.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about some of the things you need to do before you quit your job.  Both financially and psychologically.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In today's episode I talk about my account becoming restricted because of some of my items being against eBay policy.  My fault for sure, but seeing how this was not uniformly applied to all sellers irritated me.

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In this episode I talk about how I explain what I do for a living and essentially it doesn't matter.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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This is a very short episode since I needed to record it before leaving for the long weekend.  Of course it releases after the weekend...whatever.

I talk today about store updates, I give an update on some of the things I'm doing to liquidate inventory and I talk a little about the upcoming eBay Open.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I continue to talk about the summer slowdown and what I have been experiencing.  Most importantly about the psychological things that start to bother you during the slowdown.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about the summer slowdown and some things you can do to soften the blow.  I also make corrections to last episode (minor).

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about what I am going through in selling off my clothing inventory.   It isn't easy.

CORRECTIONS:  In the episode I talk about $3300 in income from clothing monthly, I meant to say $3300 in PROFIT.  Also I was just made aware that you CAN'T sell your eBay account, or more accurately you can't without express permission.  This does change things a bit and I need to develop a strategy around that.  More to follow.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about how I set up my Seller Hub on eBay and make it a centralized part of my day.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about how much Poshmark sucks and why.  It's a bit of a rant...sorry.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about Promoted Listings and your options of promotions.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about the need to get resources to help you identify items before you list.  Don't list items using filler words rather than the actual correct identification of the item.  I go through why and how to use this to make money on items source even on eBay itself.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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Today I talk about a recent hiccup that negatively impacted my income and what I am going to do about it.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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Today I talk about tools that eBay has to get buyers to come to your store rather than competitors.   Search, Promoted Listings, Sales and Coupons specifically.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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Today I talk about working things that meet the criteria that I've established as being a good product, including some of the odd items.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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Today I talk about working ON your business not IN it.  It's time for Strategy.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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Today I talk about implementing the information we've been talking about over the past few months and choosing a product to sell.  It's a bit of a rehash of a few episodes but applying it to a new product line.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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I have received a lot of communications from people wanting to stick with clothing and asked me for how I scaled my business.  In this episode I go over how to scale a clothing business.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode we talk about the new Ebay fees and why the recent changes I view as a good thing.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode we talk about Growth; both in inventory and profit and what levers you have to help you do this.  By the time you hear this I will have been vaccinated.  Go get vaccinated and let's stop this virus!

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I go over the factors you need to consider when picking a new product to sell. WRITE THE FACTORS DOWN, you'll need them later.

I don't want to dissuade anyone from going down the clothes route that you are on but I found it to be scalable ONLY when I hire a bunch of people to help me and a large space to store inventory. Don't worry, you can still use the information in determining what clothes TO SELL if you want to stay in the fashion space.

Like always, please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants: $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers. It also has a real user friendly dashboard. Go to https://www.myresellergenie.com/?aff=9 and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I go over a rule that helps me manage my sales projections: The Law of Large Numbers and how it applies to sell through rate.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I answer some listener questions.  

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I give an update to my moving to the Collectibles Market and some of the things I have found.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about sell through rate, how to calculate it, how to track it and how to compare it to the overall market rate.

I also give a few ways to improve your sell through rate against the competition.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about a recent (very recent) decision to stop listing clothing.  Don't get me wrong, I will continue to sell what I have till it's gone, but I am no longer going to thrift stores to get inventory.  I have 50 clothing items to list then I'm done.

Just another part of the journey. 

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In this episode I talk about scaling your business and some of the surprising things that I need to do in order to scale.

Scaling back my clothing business in favor of smaller items, hiring employees and a few other things.

Just another part of the journey.

I also encourage sellers to reach out to me that recently lost their "Top Seller" status on eBay because of the US Post Office not scanning. I'm organizing an "Open Letter" to eBay executives asking them to address this because I have seen dozens of posts on Facebook and Instagram from angry sellers who are now paying higher fees because of something beyond their control.

You can reach me at mike@oldfashionedmike.com.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants: $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers. It also has a real user friendly dashboard. Go to https://www.myresellergenie.com/?aff=9 and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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Don't do this is about a recent interaction I had with a needlessly angry customer who accused me of a "fraudulent listing". It happens, but my response to them was what you SHOULD NOT do. Too late...I did.

I also encourage sellers to reach out to me that recently lost their "Top Seller" status on eBay because of the US Post Office not scanning. I'm organizing an "Open Letter" to eBay executives asking them to address this because I have seen dozens of posts on Facebook and Instagram from angry sellers who are now paying higher fees because of something beyond their control.

You can reach me at mike@oldfashionedmike.com.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants: $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers. It also has a real user friendly dashboard. Go to https://www.myresellergenie.com/?aff=9 and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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I made a mistake in my business, now what do I do?

Today I talk about a mistake that I made that could have derailed my business.   I go through what it was and what I am doing to fix it.

Nice thing is that sometimes recovery brings on opportunities.

Listen.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In todays episode I talk with Faith and Paul from Reseller Genie.  A very good tool to help track your sales and give you insights into your business. 

Sorry for the late episode, scheduling conflicts, but worth the wait.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In todays episode I talk about the new year and what we need to do to prepare for taxes, moving old inventory and other actions to complete now before the year gets away from us.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In todays episode I talk about end of year actions, update on how my experiment is going and I reveal my store name!

I am still using a NEW podcasting software that I have not quite mastered but I am getting a little better at it.  I miss my Mac already.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In todays episode I talk about a realization I came to over the past few weeks.  My business is consuming too much of my time.  I need to make changes in my business to automate things without losing sales.

I talk about the actions I am taking in the episode to do that.

I am using a NEW podcasting software that I have not quite mastered so the ending of the episode is pretty abrupt, forgive me!

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In todays episode I talk about technology in your reselling business.   We go through everything you can think about...well technically everything I can think about and I tell you what I am doing.

We are heavily involved in the Christmas season and therefore probably not ready to make any big changes in the business...but that doesn't stop me!

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

Reseller Genie - Reseller Genie is an Excel template for tracking your numbers.  It also has a real user friendly dashboard.  Go to https://www.myresellergenie.com/?aff=9  and use the code OLDFASHIONEDMIKE to get a 15% discount off of your purchase.

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In todays episode I talk about Q4 and what I do to increase sales.  It is a bit of a last minute episode due to the massive November that I had where I learned a few things that you can use in your business.

Additionally I make some announcements about what I am doing that can hopefully help you in the future.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

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In this episode I answer questions from the audience about burning questions.  I also backtrack on some advice I gave earlier...you'll have to find it in the episode.

ALSO - I will be releasing the next episode late, the week after Thanksgiving, as I record these a week in advance and therefore I'll be out of the studio for a few days.  Don't despair, a new episode will drop that week, but it may be on Friday.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

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In this episode talk about building your business process.  No matter how excruciating it is, it is a necessary part of your business.

I then go through each step in my process as an example and explain each detail and give reasons why you need to do the same for your business.

Lastly, I go through some audience questions and of course ask for more to come in.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

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In this episode we append the Farmer vs. Hunter debate and I go over WHEN you should be a Hunter and WHEN you should be a Farmer.

I give a shout out to the Pure Hustle Podcast (listen to them, good content) as an example of what it is like to be a Hunter and of course THIS podcast for a good example of being a Farmer (a little self promo doesn't hurt)

I go through some audience questions and of course ask for more to come in.

Please take advantage of the discounts with our sponsors.

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

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I see a lot of resellers sell a lot of items but yet can't seem to make money at reselling for the simple reason is they don't understand their margins.

Not all platforms are created equal.  In this episode I go through the platforms I sell on and what some of the pitfalls are that eat into your margin.   I also disclose the margins I am getting on eBay, Poshmark, Mercari and Grailed.

This is a good followup to several episodes.   Don't miss it.

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In this episode I talk about keeping your dead pile at arms length by fully understanding and documenting your processes and ultimately using this as an "employee manual" you use to hire and train people to do those things that you don't like to do and make your business grow.

We also go through a few listener questions on: business organization,  free shipping and when you should convert your listings into an auction.

This podcast is sponsored by List Perfectly, Hammoq.com and Salehoo.com.  

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register.

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

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In this episode I cover how to price your items, organize your pricing strategy and discuss how it is better (in my opinion) to be a Farmer vs. a Hunter.

In the second half of the episode we go over listener questions.

This podcast is sponsored by List Perfectly, Hammoq.com and Salehoo.com. 

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants: $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register. 

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

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I recently met with a group of new resellers to talk about my reselling experience.  During this meeting one of the participants asked me how much money do you need to start with as a reseller.  Of course my answer was "It depends".

Join me for what happened next!

This podcast is sponsored by List Perfectly, Hammoq.com and Salehoo.com.  

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322 

Hammoq Virtual Assistants:  $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register. 

Salehoo Directory of Wholesale Products:   https://www.salehoo.com/?aff=mhctrading 

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In this episode we speak with Chris Lin, known for his YouTube channel "Daily Refinement".

We speak about his background, what brought him to reselling as a profession and what it takes to be successful in the reselling business.

His approach is unique, focusing on building systems in your business (sound familiar?).

Join me in this really insightful interview.

This podcast is sponsored by List Perfectly, Hammoq.com and Salehoo.com. 

List Perfectly Cross Listing Software- Enjoy 30% off of your first month using our referral code https://listperfectly.com/?ref=322

Hammoq Virtual Assistants: $50 Credit off your first order using our referral link https://hammoqpartners.my.stacker.app/register. 

Salehoo Directory of Wholesale Products: https://www.salehoo.com/?aff=mhctrading

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The best way to be successful in your reselling business is to have a steady source of new products to list in your store. 

In this episode I go over various sourcing methods no matter where you are and how you can create a regular inflow of products.

I also cover how you can get products to come to you, which is important as you grow.  Time is money and thrifting is a great start but cannot sustain the level of growth needed to meet your financial goals.

This is a stream of conscious episode that covers a variety of methods and shouldn't be missed if inventory is a problem in your business.

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In this episode I talk about the numbers you need to know when you run your reselling business.  I also talk about tools to make this easier.

  1. Sell Through Rate
  2. Average sales price
  3. Gross Margin
  4. COGS
  5. Fees
  6. Net Margin
  7. Expenses
    1. Rent
    2. Insurance
    3. Utilities
    4. Supplies
    5. Fixtures
    6. Labor
    7. Returns
    8. Mileage
    9. Accounting Software
    10. Web

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In this episode I connect with the Rockstar Flipper, reselling veteran and Youtube star.  We go over a lot of ground about his business and what he did to get where he is today.

We talk about how he got into the business, where he started (products) and where he is today.

We go over employment issues, new advice for resellers, where he is going with his business and some of the training and products he offers new resellers.

Rockstar Flipper's training: https://sowl.co/bnh1qM
Rockstar Flipper's training: https://rockstarflipperonline.com/ 

Follow Rockstar Flipper:
Facebook.com/rockstarflipper
Instagram.com/rockstarflipper
Twitter.com/rockstarflipper
https://www.youtube.com/rockstarflipper

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This episode goes  in a bit of detail how to improve your sales through the use of a sales funnel.  Many use the funnel in affiliate marketing but I've adapted it for resellers.

This is an advanced concept and shouldn't be attempted until you are doing things right in your business already as you will find increasing sales may have downstream affects that are unanticipated.

Not to worry, we'll go through how to implement this and other ideas in your store.

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Part of your success when you grow your business is understanding when it is time to hire help and what form of help you need.

In this episode we talk with Sid Lunawat from Hammoq about hiring a Virtual Assistant.

To do this, however, you need to first understand your processes:

  1. Buying
  2. Prepping
  3. Photographing
  4. Listing
  5. Storing
  6. Picking
  7. Packing
  8. Shipping
  9. Customer Service

Decide what parts of the process YOU need to perform and what parts you can hire someone else to do.  

This is a great interview, don't miss it.

If you want a $50 free account credit, you can use this link to claim it:
https://hammoqpartners.my.stacker.app/register

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Last week we talked about discovering your WHY in order to motivate you on this journey.  If you need a refresher, it’s a great introduction, I encourage you to listen to it.

Today’s episode is going to help you answer the question about how to choose products for your reselling business.

Questions that we talk about in this episode.

  1. What are you passionate about?
  2. Where are you in your life?
  3. What products are easily available to you?
  4. Where are you located?
  5. Do you know people?
  6. How good are you on searching for items online?
  7. Do you have space?
  8. Specialization vs. Generalist

Questions associated to where you sell:

  1. Sell through rate - How fast does your product sell
  2. Marketplaces/Channels - It’s about eyeballs
  3. Amazon
  4. eBay
  5. Mercari
  6. Poshmark
  7. Grailed
  8. Others
  9. Making Shopify part of the mix
  10. Why it's good to have multiple streams of income
  11. Why it’s bad to have multiple streams of income

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Welcome to our inaugural episode. Today we will will talk about understanding your WHY. Why do you want to stop working for others and enter the reselling game?

Understanding your WHY will drive you be the fuel you need to press on in the face of all the trials and tribulations of reselling, being a pandemic or just a slow time of year.

I am Old Fashioned Mike, online retailer and designer focusing on a variety of distribution channels to move product.

I got into reselling by mistake; I was looking for something I could do part-time while building a software company and like many I searched YouTube to look for ideas. Suddenly I was confronted with hundreds of videos about reselling old textbooks on Amazon. Seemed easy enough so I signed up for an Amazon Seller account...epic fail! More on this in later days.

Undeterred, I stumbled upon a new set of videos covering buying/selling on eBay and other platforms. I was hooked and I'm still here today in my own warehouse, with a team of Virtual Assistants listing every day.

But this doesn't answer my WHY. You'll have to tune into the show for that answer but I assure you it's worth the listen.

But this show isn't about me, it's about YOU!

In future episodes, we'll talk about taking your reselling hobby to a business, because that is what it is...a BUSINESS.

The way this is set up, the Podcast is focused on STRATEGY, listen to it while you work, while you drive, or when you are sourcing for new inventory. You don't need to take notes, it won't normally be instructional. We'll have interviews with prominent resellers as well who will give their perspective on how to run a reselling business.

The blog (Show Notes) will provide you with a supplemental materials, show wrap up and RESOURCES that you may want to use in running your business.

Lastly we are starting a YouTube channel to show HANDS ON TRAINING and EXAMPLES of what we do to grow our reselling business. Something that you can take notes on and refer back to at any time.

Thank you for getting this far, see you in the next episode.