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Reality Check: Why Reselling is Harder Than You Think
Manage episode 497418288 series 3533219
Think reselling is easy money? Think again! In this eye-opening episode, hosts Leah and Kayla pull back the curtain on the reselling industry to give you the reality check you need before diving in.
After years of building their business from a dining room table operation to a 12,000 square foot warehouse, they're sharing the honest truth about why reselling is much harder than those viral "I made $100K in 6 months" stories suggest.
In this episode, you'll discover:
- The hidden costs that eat into your profits (storage space, shipping materials, platform fees)
- Why your time is the most undervalued expense in reselling
- The real startup costs beyond just buying inventory
- How platform fees can drastically impact your margins
- The importance of inventory management and organization from day one
- Why partnering with someone can be a game-changer for your business
- Market research and competition analysis essentials
This isn't meant to scare you away from reselling – Leah and Kayla absolutely love what they do! Instead, they want to arm you with realistic expectations and the tools you need for actual success. Whether you're just starting out or considering reselling as a side hustle, this episode will help you make informed decisions and avoid common pitfalls.
Ready to accept the challenge? Tune in for actionable advice from two resellers who've been there, done that, and are ready to help you succeed the right way.
Connect with Ready to Resell at readytoresell.com for more resources, bulk inventory, and episode suggestions.
Happy Reselling! ☺️
Become a Reselling Pro with Binin, the reseller Inventory app - 30 day FREE trial - www.Bininapp.com
Reseller Hub and Buy Bulk Inventory - www.readytoresell.com ~ Use code PODCAST to get $15 your first order and $5 Shipping!
Check out our new Ebay Live Shows - https://www.ebay.com/ebaylive/sellers/IuD96QdtReO
New to Poshmark? Sign up now with my code READYTORESELL to save $10 on your first order. Download Poshmark Now - https://posh.mk/ZRTa2YmNaRb
New To Whatnot? Sign up now to save $15 on your first order! https://whatnot.com/invite/readytoresell
Want to start selling on Whatnot? Sign up here to get a faster referral to become a seller! https://whatnot.com/invite/seller/readytoresell
New to Mercari? Get up to $30 when you get started. Use code AXNDUB when you sign up with my link: https://merc.li/a3dDcqTJb
#ReadytoResell #Poshmark #Ebay #Mercari #Facebook #Whatnot #ResellingLife #InventoryManagement #Binin #reseller #momtrepreneur
70 episodes
Manage episode 497418288 series 3533219
Think reselling is easy money? Think again! In this eye-opening episode, hosts Leah and Kayla pull back the curtain on the reselling industry to give you the reality check you need before diving in.
After years of building their business from a dining room table operation to a 12,000 square foot warehouse, they're sharing the honest truth about why reselling is much harder than those viral "I made $100K in 6 months" stories suggest.
In this episode, you'll discover:
- The hidden costs that eat into your profits (storage space, shipping materials, platform fees)
- Why your time is the most undervalued expense in reselling
- The real startup costs beyond just buying inventory
- How platform fees can drastically impact your margins
- The importance of inventory management and organization from day one
- Why partnering with someone can be a game-changer for your business
- Market research and competition analysis essentials
This isn't meant to scare you away from reselling – Leah and Kayla absolutely love what they do! Instead, they want to arm you with realistic expectations and the tools you need for actual success. Whether you're just starting out or considering reselling as a side hustle, this episode will help you make informed decisions and avoid common pitfalls.
Ready to accept the challenge? Tune in for actionable advice from two resellers who've been there, done that, and are ready to help you succeed the right way.
Connect with Ready to Resell at readytoresell.com for more resources, bulk inventory, and episode suggestions.
Happy Reselling! ☺️
Become a Reselling Pro with Binin, the reseller Inventory app - 30 day FREE trial - www.Bininapp.com
Reseller Hub and Buy Bulk Inventory - www.readytoresell.com ~ Use code PODCAST to get $15 your first order and $5 Shipping!
Check out our new Ebay Live Shows - https://www.ebay.com/ebaylive/sellers/IuD96QdtReO
New to Poshmark? Sign up now with my code READYTORESELL to save $10 on your first order. Download Poshmark Now - https://posh.mk/ZRTa2YmNaRb
New To Whatnot? Sign up now to save $15 on your first order! https://whatnot.com/invite/readytoresell
Want to start selling on Whatnot? Sign up here to get a faster referral to become a seller! https://whatnot.com/invite/seller/readytoresell
New to Mercari? Get up to $30 when you get started. Use code AXNDUB when you sign up with my link: https://merc.li/a3dDcqTJb
#ReadytoResell #Poshmark #Ebay #Mercari #Facebook #Whatnot #ResellingLife #InventoryManagement #Binin #reseller #momtrepreneur
70 episodes
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