What’s up guys welcome to “Daily Refinement”: today’s video I’m going to give you guys five different ways to make two thousand dollars profit per week on Ebay or any reselling platform and the reason why i aim for that number is it’s exactly one hundred thousand dollars per year profit and that’s like a professional level income so in this video I’m going to give you guys five different ways to do it and actually a bonus sixth way you can do it and I’m going to go over how i did all of that in one week so i appreciate your time please smash the like button consider subscribing we’ll see you in the show okay.
So the first two ways to make two thousand dollars a week are the most difficult to set up but they’re the most reliable and the most sustainable so one way to make two thousand dollars a week is to actually just make one dollar profit two thousand times so i have a few customers that buy jeans for me every single week this customer about 2 000 pairs of jeans.
At a ridiculously low cost where i make around one dollar profit per item so in this scenario i can keep supplying the same person because their processes are set up where they can do 2 000 items per week and i can send the same 2 000 items to one person on the flip side and this is the bonus tip you can make 2 000 profit on just one sale it’s typically easier though when you sell a lot versus all in one item very difficult to make two thousand dollars profit on just one item unless again it’s a business that needs it right away or like a car or a necessity something that somebody’s willing to spend five six ten thousand dollars on so you can make that two thousand dollar margin all right guys the third way and this is the one i recommend for most people.
Who resell is 200 items per week at least 10 profit so if you sell clothing each one of these racks holds 100 items essentially you would list around 30 items a day and you’ll be able to reach your 2 000 a week gold this model you can be in everything seller you can be in anything seller as long as you list 30 items a day that at least 10 dollars profit i recommend a 30 average sale price and keep your cost under 10 this is the most common normal way to earn a full time living or professional living on Ebay is the 30 a day around 200 items per week i recommend maybe Monday through Friday 40 items per day so you can take the weekends off the fourth way i definitely don’t recommend unless you niche down which is the list 400 of the same item this is pretty intense it’s around 60 items per day in order to do that kind of volume i highly recommend.
You list the exact same thing over and over and over again so like the person that bought 2 000 pairs of jeans from me when you sell the exact same thing over and over and over again you can leverage your time and processes to bring the production time down to a really small amount you can easily see what defects might pop up you understand what all the return reasons are i don’t recommend this for beginners 400 items a week is a lot and if you’re listing them incorrectly and they don’t sell you’re going to end up with a huge mess so if you’re going to niche down into the five dollar profit and you want to sell 400 per week make sure everything is uniform because i don’t think you can do this as an everything seller 400 items.
Is too many each week let me know in the comment section below if you think that you can do 400 everything items a day or a week i just personally think 400 everything items at five dollars profit is too small of a margin to make up for the defect rate of selling in multiple categories okay so the last two ways to do i don’t recommend because they’re too hard to find this many quality items i call this sort of the grill hunter if you spend 90 percent of your time sourcing then you can do these two models so.
I’ll give you guys a couple of examples i look through 80 000 items a week and i only find this pile right here of items that are worth 20 or more it’s pretty difficult so 120 dollar items would be stuff like rag and bone jeans so I’ll look through literally 20 000 pairs of jeans and find five pairs of dragon bones really difficult to find so if you found 100 pieces like this you could do 2 000 a week with this sort of like mid mid-tier mall brand maybe higher-end mall brand this is stuff that retails for maybe 150 to 200 and you find it for two dollars at a garage sale or at the bins now if you want to go to the forty dollar area um you only need fifty items per week that’s a really small listing habit that’s 10 a day Monday through Friday and if you use our system at patreon.com that’s the resource podcast 10 items only takes you 20 minutes so that means you would spend seven hours of the day hunting and this piece i get 40 profit it’s a ben Davis work suit so something like this is pretty rare out of all the items i found there’s only one piece that was cool enough or has a high enough mar.
Or small enough supply and high demand to sell for a 40 profit so finding 50 of those per week is pretty hard depending on what you do if all you do is source then maybe but most likely you’re not going to find 50 pieces so there’s a lot going on you guys saw it’s easy to find pieces that you make a couple bucks on very difficult to find pieces that you make forty dollars profit after taxes we’re talking about seventy dollars plus on the sale price and as you guys know i talk about this in a lot of videos ninety percent of items on Ebay.
Are sold under thirty dollars so if you only sell items over thirty dollars you’re cutting out ninety percent of the buyers Ebay has five hundred and fifty five million unique shoppers a day all right actually maybe per month and you’re eliminating like 500 millions of them if you only sell expensive stuff so something to consider you might want to do a mix of some of these different models maybe you have some 40 some 20 for me i have all of those different models in my business because i have such a wide net of sourcing so I’m looking all over the place to find different types of inventory and that’s why.
I actually, have all six models i have situations where i make two thousand dollars in one sale i have situations where i make one dollar five 10 20 and 40.
those are like the different price points that i have and I’ve seen successful restarts at every single one of these niches and the only way to do all of them is if you’re one of the main suppliers because you’re supporting both other businesses with b2b business to business or selling directly to consumer or you might be running a mix of both so i appreciate you guys please join our Patreon at patreon.com resource podcast appreciate you guys join the Facebook level we have a white paper section where we go over the 10 foundations of how to run an Ebay business that is a bonus for our annual members so appreciate you guys see you next time you.
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