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I know this is an older episode, but I enjoy the podcast and am listening to older episodes.
You mentioned having to find a book in 1 of 4 bins. I wanted to share how I do it, which may help you with your numerous items.
For location, I put an internal note at bottom of my description. Loc: G1 (or something similar.) I number all my totes, so G1 would be garage 1. Could be O3 for office 3.
Also a tip for keeping up with cost of sales without a voluminous spreadsheet. Use “shady grove” or any other 10 letter combination that does not repeat a letter. Assign number to each, so if an item cost you 5.50, you would put Y.YE at the bottom of the description.
Re: AgriSupply
Still trying to find my retail arbitrage niche. Bought a couple of Oregon Mower blades on clearance for $3.14. They both sell on eBay for $21.49 incl. shipping, so I priced $10.99 plus shipping. The volume is just not there (before I learned to search completed/sold listings.)
Those are the only 2 items bought so far. Still plenty of $ lying around the house😃
When a recession does finally come, your 8k+ inventory will be an asset. You’ll just need to pay more attention to cash flow, but probably will be a good time to source!
New to eBay. Sold 3 items for $129.48 gross. All items from house (camera, book and vintage horse.)
I’m up to 58 items in the store, only 2 of which I sourced from Agri Supply Company.
My goal is only to net $1,000 this year.
Thanks. Our neighborhood is having a community yard sale on the 30th. May walk around with a wagon to save the $0.58/mile 😋
Also, I’ve found a source that may be promising, govdeals.com. One of the items listed in my area was a printer that sells consistently for nearly $100 used plus shipping and ended up going on govdeals.com for $13.98.
I’ll check that one weekly going forward.
