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RE: I Don't Usually Thrift, Buy When I Do... 10 Recent Thrift Store Flips Bought For $81.50 & Sold For Exactly $1,000 (12.3x Return)

in #thrifting5 years ago (edited)

One step forward at a time. Clean slate mindset. Offense is sometimes the best defense against potential issues, at least to where they'll be minimized by the larger proportion of positives underway. 100 listings should be just fine for now. eBay boosts that figure up over time and will likely do so to an unattainable ceiling. For example, here's the absurd amount that I can list:

Out of 325,000 Out of $19,500,000.00

I have no involvement with managed payments yet and hope it's not something I'm forced to use. Either way, I'm trying pretty hard to sell more off of eBay than on. I've let my listing volume drop down and am more motivated to sell on Facebook Marketplace and Craigslist for cash and much less carbon footprint.

I figured that some savvy people will be able to find my store. You didn't give me any advanced warning to spruce it up a bit!

Please keep that confidential here if you don't mind.

I haven't tried Mercari, but I think it's a viable option. Patience may be needed since the traffic is likely much smaller. I've only bought one thing there to flip on eBay, but it was a nice and simple process. Let me know if you like it down the line.

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I have no involvement with managed payments yet and hope it's not something I'm forced to use.

Ebay has said by the end of this year all transactions will be through their managed payments system. I think they are realizing they have squeezed most of what there is to squeeze from sellers directly which is why their competition is taking market from them.

https://www.marketwatch.com/story/ebay-stock-falls-after-wells-fargo-turns-bearish-2020-01-17

It sucks I can't know if they have thrown me into it yet, as I have lots of stuff I can list, but without knowing if I'm eating the shipping up front have to dip in slowly with them. But better to proceed as though I do, lol.

No worries about loose lips here. I understand completely.

Will definitely let you know on Mercari. Will be setting up with them on Sunday and mass listing as I know the customer pays shipping there.

I took your advice and figured out how to turn off best offer (it comes preloaded in the listing and one has to search to turn it off). I will give it one more week and then try splitting the lot up as you suggested.

Thanks again. I feel optimistic, enough that I pushed to downgrade my hours at my very physical job to jump into this faster.