Wednesday Aug 21, 2024
The What Sold Podcast - Episode 46 - The World's Largest Flea Market and Unlocking the Gold Rush: Sourcing, Selling, and Myths About Gold
In this episode of the What Sold Podcast, hosts Brandon and Matt delve into the fascinating world of sourcing and selling gold. Matt shares invaluable insights on understanding gold's current market value, determining authenticity, and the business math involved in making profitable sales. They discuss various pitfalls, such as dealing with pawn shops, and highlight the quick turnover of gold products. Toss in Matt's experiences from a recent California trip and a story about managing a customer dispute on eBay, this episode is packed with practical advice and engaging anecdotes for both novice and seasoned sellers.
00:00 Introduction and Banter
01:23 Matt's Alter Ego: The Merchant of Madness
02:16 California Trip Recap
02:51 Sourcing Adventures in Oakland
04:42 Challenges of Sourcing on Vacation
10:34 Recent Sales Highlights
13:06 Understanding the Market for Collectibles
17:44 Dealing with Difficult Customers
21:32 Handling Negative Feedback
22:33 The Anonymity of the Internet
24:41 Understanding Gold as a Commodity
27:24 Determining Gold Value and Pricing
32:23 Sourcing and Selling Gold
36:17 The Business of Gold
42:23 Concluding Thoughts on Gold
#gold #vintage #fulltimereselling #sidehustle #silverandgold #preciousmetals #goldfutures #silver #findinggold #whatsoldpodcast #rustythereseller #whatsold #reselling #ebaystore
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