You need to set realistic goals to sell on eBay or Poshmark.

When we first started selling on eBay, we had a goal in mind to make an extra $1,000 a month. I was in for a rude awakening.

I figured out what I needed to be doing and how many items I needed to be listing (considering that most of my items are clothing items) and found out that I was aiming too high as a newbie seller.

I study what other sellers stores look like who gross at least $5k and above (I figured their take-home would be a minimum of $1k at that rate unless they had high overhead costs) and many of these sellers have a high-volume store. With that high-volume store comes a lot of work. They are listing anywhere between 20 and 50 items PER DAY.

I’m just starting out and I really wanted to learn and I knew there was no way in heck I would be listing 20 to 50 items per day during my first (or heck, even my second) month, so I had to set a more realistic goal. My goal for March was to list three items per day.

Did I hit that goal? No, but at the end of March, I had around 55 items listed and I was making sales so I’m okay with that.

Also, another thing to keep in mind is that those people who are listing 20 and up listings per day are out sourcing A LOT of items. March was a tough month for me mentally and emotionally and I just didn’t have it in me to drive to all the multiple thrift stores in my area to obtain that much inventory.

Moving forward, I would like to increase the amount I list by certain increments so I can increase the volume of my sales. We shall see…

You don’t need everything to get started.

I’m not going to lie. I have the tendency to want all the things when I start out on a new venture. For example, when I was in college, despite the fact that college textbooks were high as crap, I was still excited to get ALL of my textbooks to prepare for class. And let that bookstore not have what I need! I would have a fit and anxiously scour Amazon searching for exactly what I needed to be prepared for class. (Yes, I know…I was such a nerd.)

Anywho, those same issues translate into my blogging life, business life, etc. When I started blogging I wanted all the things and now that I’m reselling on eBay, I want the lights so my pictures would be great. I want the clear cellophane bags so I could neatly store my inventory. I finally had to have a talk with myself.

I was letting the fact that I didn’t have the best lighting keep me from listing. And if you ain’t listing, you ain’t making any sales. So, I had to get over it. I try to use as much natural light as possible. My pictures aren’t professional or cute like these other eBay or Posh sellers, but guess what? I’m still making sales.

Sometimes we let the idea of having everything we “need” or being perfect keep us from getting started. Now, I did break down and get those clear cellophane bag so I could organize my inventory, but I’m definitely not going out and spending $100 and up on some lights right now. So, remember — you don’t need everything to do something. Just get started.

Related Reading: Free Courses That Teach You How to Make $1,000 or More Per Month

Wrapping Thangs Up

The greatest lesson that I can take away is to study and test reselling practices for yourself. Of course, you can follow a bunch of advice from Youtube vloggers, Instagram folks, and such. However, that doesn’t mean that their advice is going to work for you.

I’m so over blindly doing what I see others doing and I want to be successful reselling on eBay by testing things out for myself. With that said, I’m getting my hands dirty, starting slow, and investing without a lot of risks.

So far, my reselling experience has been positive and I’m excited to see where things go from here. And just to leave you with an idea of where I ended the month of March — on Poshmark I earned $28.41 after fees. Things slowed down over there as I sold out of all those purses my mom gave me.

On eBay, I earned $46.48 after fees. It’s a long way from an extra $1k, but I certainly can’t complain about making a profit my first month officially reselling on eBay. I owe major thanks to Poshmark for giving me a leg up on my reseller journey.

Source:

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