Mercari is a Japanese company that is currently available in Japan and the U.S. It has exploded in popularity recently and most resellers have started using it a way to bring in a little extra income or move slow inventory. We are no exception and cross-post the majority of our inventory on Mercari. However, because cross-posting opens a new can of worms (something selling in both places, it takes twice as long to list two items, etc.) we are choosy about the items we list on Mercari which begs the questions...what sells the most of Mercari!
The Pros of selling on Mercari
When we're out thrifting, we always meet people who want to talk to us. If they were people who knew us from the blog (or even just smelled normal) we'd be totally fine with it...but they're not. We were out sourcing about a year ago when a lady cornered us and started talking about her reselling business. It turns out that she sold nothing but plush and baby blankets. Her main customers were people who were trying to replace a lost blanket for their kids and she had OVER $70,000 IN SALES LAST YEAR!
When I tried to match pace with her and tell her about a book we had recently sold for $550, she one upped me and said she had just sold a limited edition Valentines Hidden Mickey teddy bear for $1,100. Ouch. Turns out, there is something to be learned from everyone! I'll admit that I spent a few hours digging through plush after this encounter - but never found anything quite that good. We have, however, managed to find and sell several hundred plush which has added several thousand dollars to our bottom line. Let's talk about how we do it!
The real kicker is: designer purses and clothing are not out of reach for the average person. You might not be able to walk into Neiman Marcus or a Louis Vuitton store and swipe your debit card anytime soon, but eBay has become a hot spot for designer goods and handbags priced at 80% or more off of retail! It may take a little patience and work, but we're going to show you how you can score a Louis Vuitton bag for an amazing deal..
Barely doubling our money for hours of sourcing, listing, and shipping? No, thanks. Looking back through our sold listings later, I realized that there were only 6 pairs of jeans that I should have purchased. They would have sold within a month, we would have put in 1/5 of the work listing and shipping, and we would have spent only $20 to profit...drum roll....just over $200. So read on to discover the secrets of working less and making more in the world of men's jeans!
It would take several more changes in our structure and business models before we finally started to figure out how to really scale our business. Now, there are several ways to go about this, and I don't claim that the way we use is the perfect fit for everyone. Rather, let's go through each of the ways you can take your business to the next level, and you decide what works for you!
But Before we get there:
The first step of coming up with a travel plan is deciding where you want to go. If you don't know what your goal is on eBay, how on earth do you plan on getting there, and how will you know when you do? Once you have a goal in mind, here is the kicker: it's going to take a whole lot more work than you expect. In fact, in The 10x Rule, Grant Cardone contends that reaching your goal will take 10x longer and 10x more work than you expect! So what is the way forward? Taking MASSIVE action. If you want to sell drastically more than the average eBayer, then you need to act in a way that is different. Massive and drastically different.
It sort of worked, but when it come time to leave, Hazel didn't want to come out. So I kicked off my flats and went in after her! She came out with me without much trouble and I didn't even get stuck in the little kid space. However, when I got back out, I noticed that one of my flats was upside down...the black, nasty, gummy gross sole waving my mom flag to the world. Now, people don't normally see the soles of my shoes... but that doesn't seem like a reason to let them be nasty. Couple that with the fact that Seth and I sell full-time on eBay, and I have cleaned hundreds of shoes to send to other people - and I was understandably embarrassed. So let's you and I take 5 minutes together and learn how to overhaul the soles of your flats! Well actually, I've already learned this...so let me share it with you!
So of course we have to ask, what is the best scale for selling on eBay? Or for selling on Amazon? Or how about shipping products in your home-based start-up? Well, whatever your shipping needs are, rest assured that we have a scale for you...and it's the same one for everyone.
Overall, we did just under $10,000 for the month. Steady, but not quite where we want to be. In the next few months we're hoping that our other side projects slow down a bit. so we can get back to buying pallets and hit our $30,000 month goal! But that's a post for another time...
Let's talk about what sold!
My wife and I are a young couple, still in school, and doing our best not only to make ends meet, but to excel! We feel like we have so much to offer and can kick this world's butt if we can just get on our feet. Join our journey!