How We Started Our Successful eBay Business - Our Beginning - Plus a Tip to Help Increase Sales — Transcript

Full transcript

1. 0:00what's going on YouTube world today
2. 0:02we're going to be talking about how I
3. 0:03got started on eBay and at the end of
4. 0:05the video I'm actually going to share a
5. 0:06bonus tip with you it's something that
6. 0:08we implemented from the very beginning
7. 0:09that was able to boost buyer engagement
8. 0:11and increase sales let's get into the
9. 0:14video
10. 0:16my name is Jason aka Mr llama The Not So
11. 0:19better half of the lazy llamas which is
12. 0:20the eBay store that I run with my wife
13. 0:22Mrs llama my wife and I we own a gym
14. 0:24we've owned the gym for almost nine
15. 0:26years and we started reselling on eBay
16. 0:28part-time about three years ago and the
17. 0:30fact that we own a gym is actually a big
18. 0:32reason why we started reselling on eBay
19. 0:35back in 2020 in March the gym was shut
20. 0:39down and while the gym was shut down
21. 0:41from March to April we actually welcomed
22. 0:43our third child into the world and while
23. 0:47we were extremely happy about the birth
24. 0:49of our son we were also very concerned
25. 0:51we were concerned about what the economy
26. 0:54was going to be like after the shutdown
27. 0:56we were concerned about what the events
28. 1:00of 2020 were going to do to the gym
29. 1:02business moving forward completely
30. 1:04understand your concerns here I knew I
31. 1:06had to provide for my family so I
32. 1:07started looking for ways to make money
33. 1:09on the side I came across the channel on
34. 1:11YouTube called rally Roots yes I've
35. 1:13heard of them and this channel is about
36. 1:15a couple that resells on eBay and I saw
37. 1:18their story about how they had taken
38. 1:20some extra cash and they're going out to
39. 1:21yard sales and had bought some items and
40. 1:23flipped them on eBay for profit and I
41. 1:26thought why not I'll give that a shot so
42. 1:28I took a hundred dollars and my wife and
43. 1:30I spent a Saturday this would have been
44. 1:31late May of 2020. uh we went out took a
45. 1:36whole Saturday and went yard selling
46. 1:37it's good to spend a little one-on-one
47. 1:39time together uh we took that inventory
48. 1:41and I got to work I started uh eBay
49. 1:44account I actually set up an eBay store
50. 1:48which was not something I really needed
51. 1:50to do at this time and I actually did a
52. 1:51video about eBay stores and about when
53. 1:55you need one or if you need one and I'll
54. 1:57leave a link to that video at the end of
55. 1:59this video so anyway I got things set up
56. 2:01and started listing and of course made a
57. 2:04ton of mistakes bad pictures bad titles
58. 2:06bad prices but I learned as I went and
59. 2:10we eventually made a sale
60. 2:12we made our first sale on June 14th of
61. 2:152020. our first sale was a Harry Potter
62. 2:18Clue board game that I picked up from a
63. 2:21yard sale for a couple of bucks
64. 2:23it sold for like forty dollars with free
65. 2:25shipping so I did pretty good on that
66. 2:27one pretty good flip another one of our
67. 2:29early sales was uh Elvis eight track uh
68. 2:32that we picked up for 50 cents and sold
69. 2:34for like seven or eight dollars uh
70. 2:36another one of the early sales that I
71. 2:37can remember was a Hello Kitty
72. 2:39microphone uh set
73. 2:42um uh just random stuff I hadn't really
74. 2:44picked the niche yet I was just getting
75. 2:46items and selling I hadn't settled on
76. 2:47like video games as my focus on eBay I
77. 2:51was just buying items that I could make
78. 2:53money on uh the biggest flip that we
79. 2:56made at the very beginning was a Pokemon
80. 2:59uh board game uh picked this up at a
81. 3:02yard sale for a dollar and ended up
82. 3:04flipping it on eBay for over a hundred
83. 3:06and from that point on I was hooked I
84. 3:09love sourcing for items I love going out
85. 3:11to yard sales and Goodwills and thrift
86. 3:13stores it always feels like a treasure
87. 3:15hunt it's like a treasure hunt yeah
88. 3:17something I just absolutely love to do
89. 3:19it's my favorite part of reselling on
90. 3:21eBay I'm gonna take a moment to
91. 3:22apologize guys if you hear any
92. 3:24background noise I'm at the gym right
93. 3:27now it is pretty early in the morning to
94. 3:29try to get in early in the morning to
95. 3:30record these videos so it's not very
96. 3:31busy but you might be hearing a weight
97. 3:33slam or some kind of commotion in the
98. 3:35background and also it's raining pretty
99. 3:37hard right now so you might hear some
100. 3:39rain on the roof this studio is not at
101. 3:41all soundproof I'm hoping to maybe try
102. 3:43to sound proof it here soon but if you
103. 3:45do our hearing background noise I do
104. 3:47apologize is that what I'm hearing so
105. 3:49not long after our first sale of course
106. 3:51we made another cell another cell we
107. 3:54could hit our limits in that first month
108. 3:55uh second month rolled around you got
109. 3:58some more sales uh we were getting our
110. 4:00items out on time things were going
111. 4:02really well so I contacted eBay about
112. 4:05getting our limits raised early and they
113. 4:07did so with no problem uh they had seen
114. 4:10that we had a good track record we were
115. 4:11shipping our items on time so they upped
116. 4:14our limits without question and we've
117. 4:15had zero issues with limits ever since I
118. 4:19have a future the sky's the limit and
119. 4:21the rest as they say is history we spent
120. 4:24the next two years building our business
121. 4:25to doing over ten thousand dollars a
122. 4:28month in sales and I do want to note
123. 4:29that we did not use any money from the
124. 4:32gym business
125. 4:33to grow eBay I took that initial 100
126. 4:37investment into those products that we
127. 4:40sold and I've only used profits from
128. 4:42eBay sales to reinvest into new products
129. 4:47to sell on eBay so we took that initial
130. 4:49hundred dollars and we turned that into
131. 4:51well over sixty thousand dollars in
132. 4:54profit over the last three years as of
133. 4:57today we are a happy family of six we
134. 4:59welcomed our fourth child into the world
135. 5:01last year the gym is still going and
136. 5:03will be 100 debt free this year and we
137. 5:06owe that in large bar due to our success
138. 5:08on eBay now that was a good story and
139. 5:12now for our bonus tip that I talked
140. 5:13about at the beginning of the video okay
141. 5:15since day one and this is a tip that I
142. 5:18actually picked up from rally roots and
143. 5:19we took it a step farther when I was
144. 5:21watching their videos they talked about
145. 5:22how they put a thing card and every one
146. 5:24of their sales so every buyer gets a
147. 5:28thank you card which you should
148. 5:30absolutely do
149. 5:31we took ours a step further we do a
150. 5:34handwritten personalized note
151. 5:36in every item that we sell
152. 5:39so every buyer gets a personalized thank
153. 5:41you note
154. 5:42it has their name on it it actually
155. 5:44mentions what they bought so they know
156. 5:47that it is personalized just for them
157. 5:49it takes about a minute to write each
158. 5:51card so if we do an average of 15 items
159. 5:54a day it's an extra 15 minutes a day but
160. 5:57I'm telling you it will pay off huge in
161. 6:00the long run this will lead to buyer
162. 6:03feedback which you want buyer engagement
163. 6:05you want buyers leaving you feedback and
164. 6:08you want buyers to follow you then you
165. 6:10build a following I think we have well
166. 6:12over 300 followers at this point so when
167. 6:16you do these handwritten notes and they
168. 6:18it's so personal
169. 6:19and of course making sure your items are
170. 6:21well described and that you know your
171. 6:22their buyers are getting what they
172. 6:23expected that's that's first and
173. 6:25foremost but this note I cannot tell you
174. 6:28how many feedbacks that we get
175. 6:31mentioning the handwritten note and and
176. 6:34just in less than three years we've
177. 6:36accumulated almost 2 000 feedbacks so we
178. 6:40get a ton of feedbacks from items we
179. 6:43ship out and if you do handwritten notes
180. 6:46I guarantee you it will lead to good
181. 6:48feedback and good feedback will lead to
182. 6:50increased sales logical and we're going
183. 6:53to end the video there like I said we
184. 6:54took a hundred dollars initial
185. 6:56investment
186. 6:57and we turn that 100 into well over
187. 6:59sixty thousand dollars in profit and you
188. 7:01can too we truly believe that is why I
189. 7:03started this Channel I want to inspire
190. 7:05people the way that I was inspired if
191. 7:08you like this video make sure you hit
192. 7:10that like button subscribe to the
193. 7:12channel hit that notification Bell so
194. 7:13you can see future videos and in case
195. 7:15you don't know God loves you I love you
196. 7:18and we'll see you next time peace
197. 7:21my