6-figure eBay veterans who have been on the platform for 20 years explain how to make money reselling items
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6-figure eBay veterans who have been on the platform for 20 years explain how to make money reselling items
""Don't go out and spend a bunch of money and hope stuff will sell," said Senko. "Start around your house. Evaluate the stuff that you don't need." When he switched from reselling electronics to apparel, the first clothing item he listed was a vintage Buffalo Bills jersey that he pulled out of his closet: "There's no reason at all to reach inside your pocket and start an eBay business when we can turn these items that we have inside our house into cash.""
""It's a low-stakes way to test whether you even like the process of reselling - if you do, you can start going out and buying items to resell, but if it's not for you, you spent minimal time and money testing the waters." Source profitable products from discount stores and sites. After starting with items they already had on hand, both Senko and Ogunsunlade's next step was to source inventory. Senko's go-to discount spots were Goodwill, Salvation Army, and local thrift stores; Ogunsunlade frequented Neiman Marcus Last Call and Saks OFF 5th, and now uses websites like YOOX and NET-A-PORTER to land deals."
Reselling on platforms like eBay, Poshmark, and Mercari can provide extra pocket money or develop into a full-time, high-earning business. Start by listing items already owned to minimize risk and avoid upfront spending. Convert vintage clothing, electronics, and household items into cash with basic listings. Source inventory from thrift stores, discount outlets, off-price retailers, and online outlet sites to find deals. Track purchase price and comparable resale prices to maintain profitable margins. Treat initial sales as a low-stakes test of interest before investing more time and money. Scale through careful sourcing, price awareness, and reinvestment.
Read at Business Insider
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