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Profit First

1.4k members • Free

13 contributions to Profit First
Really interesting Goodwill article with CEO
https://www.modernretail.co/operations/how-goodwill-is-trying-to-stay-ahead-of-for-profit-resale-while-becoming-a-bigger-player-in-recycling/
📢 Feeling incredibly blessed and grateful to share my 2024 reselling journey with you all! 🙏
In mid 2024 my family and I took the biggest leap of faith of our lives 😬 In August of 2023 my wife was diagnosed with CCI (cranial cervical instability) from a whiplash injury that occurred 14 years ago. She suffers from level 10 chronic pain since her 1st C1 vertebrae is not properly aligned. We then found a procedure that fixes this! PICL - (Percutaneous Implantation of the CCJ Ligaments) Come to find out this would mean saving up about $30,000 - $60,000 to get this treated as it is NOT covered by insurance. We had to make a choice. Get a part time job, move back home to live with parents, or start expanding our resell business. We chose live selling on whatnot. This was a GOD idea. 🚀 The numbers that blew my mind: - Sales jumped from $180K to $270K (66% growth!) - Started selling on Whatnot in July and did more there in 5 months than eBay + Poshmark combined for the whole year - Built a nationwide sourcing team of 30+ amazing people - Net income up 41% year-over-year But here's the real win that makes my heart full: This growth means we can finally pay for my wife's medical procedure after 13 years of chronic pain. Health truly is wealth, fam! 💕 🤔 Biggest lessons learned: - Stop procrastinating on those big ideas! I waited too long to start on Whatnot - Marketing is CRUCIAL in reselling - started doing Facebook ads, TikTok ads, and cold email strategies - Recognize what season you're in - sometimes it's grinding, sometimes it's scaling - You're capable of WAY more than you think - Delegate your weak points and focus on your strengths 📚 Game-changing books this year: - Think and Grow Rich - Trust and Inspire - Limitless - Your Next Five Moves 🎯 2025 Goals: - Scaling to 3 Whatnot shows daily (10am, 2pm, 6pm) - Expanding into new with tags pallets - Growing sourcing team to 100+ people - Hitting $2M in sales - Building systems for true scalability 💡 Pro tip: Open a Google Doc right now and write down your successes, failures, lessons learned, and plans for 2025. Clarity is power!
📢 Feeling incredibly blessed and grateful to share my 2024 reselling journey with you all! 🙏
4 likes • Jan '25
In the name of Jesus!!! Such inspiration!
Brand tag has been cut out. Your opinion.
In sourcing today I came across clothing where the owner had cut a lot of the brand tags out from her garments, eliminating the brand and the size labels. I am inclined to leave and move on to only those items that have the tags in tact. Though some of the pieces are of obvious quality, silk, linen, fully lined, leather, etc. What is your criteria, if any, for purchasing clothing where the tags have been cut? Thanks in advance.
4 likes • Dec '24
Sometimes I still find the maker and size on the side tag if the back garment tag is missing. But if all are gone, I am passing unless I keep for myself.
💸Fast Selling Items On eBay💸
🚀 ULTIMATE GUIDE: 15 ITEMS THAT SELL WITHIN DAYS ON EBAY (2024 Edition) 🚀 Want to boost your sell-through rate? Here's your golden ticket! These items move FAST and bring consistent profits... 1. 🎮 Video Games & Consoles • List 100 games = expect 10-15 sales DAILY • Focus on: Nintendo, Sony PlayStation, Sega • Pro Tip: Higher ASP ($30-40) vs clothing ($15-20) • Systems can bring $100-150 each 2. 📺 Remote Controls (Hidden Gold Mine!) • Target these brands: - Bose ($20-30) - Kenwood ($25-35) - Pioneer ($20-40) - Onkyo ($20-30) • Pro Tip: Focus on audio/CD receiver remotes • Usually sell within 2-3 days 3. 👕 Tropical/Statement Clothing • Look for: - Robert Graham (flashy details/jewels) - Tommy Bahama with graphics (not plain!) - Unique back designs - Bright colors/patterns • Key: Must POP in photos! 4. 👟 Nike/Adidas Shoes • Get immediate attention/offers • Also hot: Rothy's, Birkenstock • Price check everything! • Pro Tip: Used shoes still bring solid profits 5. 🤠 Cowboy/Cowgirl Boots • Price range: $50-120 • Sell within 1-2 weeks max • Get tons of watchers/likes • Consistent year-round seller 6. 💻 MacBooks & Laptops • 4-year-old MacBooks still fetch $600-700 • Worth paying up: $400 cost → $535 profit • Quick flip potential • Pro Tip: Factor in $80~ for fees 7. 📱 Phones & Tablets • iPhone X (5 years old) still gets $150-200 • iPads move instantly • Even old Blackberries sell ($20-30) ⚠️ IMPORTANT: Check iCloud lock status! 8. 🔧 Power Tools & Meters • Fluke meters: $90-375 range • Get offers Day 1 • Check pawn shops/garage sales • Look for specialty testing equipment 9. 🧱 LEGO Sets • Immediate attention guaranteed • Tons of watchers • Multiple offers common • Must be authentic • Check sold listings always 10. ⌚ Watches ($Quick Profits$) • Example: Movado Museum $50 cost → $150 sale • Better than selling 5 shirts at $15 profit each • Check pawn shops for deals • Even non-luxury brands sell fast 11. 🏰 Disney Items • MILLIONS of daily searches
4 likes • Dec '24
On Lego, some of the mini figures - particularly Star Wars- go for stupid money if found complete. When you have a set, check the mini fig value alone. Janga Fett is a demand character.
VERO- help me find why
I have received a VERO from ebay for this Eileen Fisher item. These are my own pictures... so I am trying to figure out why I have the flag. Any tips would be appreciated. I can't figure it out...l.https://www.ebay.com/itm/276711505681?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=27BB8bGoSwG&sssrc=2047675&ssuid=27BB8bGoSwG&widget_ver=artemis&media=COPY
1 like • Nov '24
@Wes Benham great point!!
1-10 of 13
Jennifer Berryhill
3
13points to level up
@jennifer-berryhill-2594
Part-time reseller looking to move my business forward.

Active 334d ago
Joined Jul 2, 2024
ENFJ
Alabama