Wednesday Aug 14, 2024
The What Sold Podcast - Episode 45 - When Should You Become a Full Time Reseller?
In this episode of the Web Sold podcast, Brandon and Matt discuss the nuances of the reselling market, emphasizing the seasonal fluctuations in sales. Matt shares his experiences and strategies for maintaining revenue during low-sales periods, such as the end of summer. They delve into the transition from part-time reselling to a full-time profession, offering advice on financial preparedness and the complexities of running an online reselling business. Additional insights include the importance of experience, inventory management, and the realities of inconsistent income. The episode wraps up with plans for future discussions on sourcing and utilizing tools like Google Lens.
00:00 Introduction to the Web Sold Podcast
01:07 Seasonal Trends in Reselling
04:46 Managing Inventory During Slow Periods
09:15 Preparing for the Fall Sales Surge
12:20 Recent Sales Highlights
17:03 The Value of Collectibles
18:34 Transitioning from Part-Time to Full-Time Selling
20:41 Gaining Experience and Building a Plan
23:56 Managing Risks and Financial Planning
26:21 The Realities of Full-Time Reselling
32:59 Upcoming Topics and Final Thoughts
#gijoe #vintage #fulltimereselling #sidehustle smallbusiness #craigslist #etsy #silver #smallbusinessprep #whatsoldpodcast #rustythereseller #whatsold #reselling #ebaystore
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