How to Become a Full-Time Reseller in a Few Easy Steps
If you are searching for a guide on how to become a full-time reseller, you're in the right place. In our guide, you will learn the necessary steps that are required to turn a reselling hobby into a full-time occupation. Whether you'd like to sell on eBay, Depop, VInted, or Etsy, with our instructions, you can manage all online selling platforms at once.
The key to making enough money that will make this work for you in the long run is to obtain crosslisting software. But first, let's go step by step. Here's what you need to do.
Every Reseller Should Start by Creating a Solid Business Plan
It's one thing selling your own used furniture and clothing on the best online selling platforms as a hobby and a whole other thing when you want to launch a reselling business. Among the first things one needs to do is come up with a thorough business plan. This includes determining what is your starting capital, what kind of people you want to sell the products to, what you are going to resell, and how you will obtain your inventory. In case you are starting your store without money, you should figure out how to get the shop noticed. This includes marketing strategies.
Research How You Can Make Money Easily - Find Products That Sell Well
Pro resellers always sell products that are in high demand. Items that are popular among customers on a marketplace platform will bring you profit for sure. Before setting up your e-commerce business, research whether the type of product you want to resell is in demand.
Also, go to different platforms such as eBay, Depop, Vinted, Shopify, and Etsy. Every site specializes in certain areas. For instance, best-selling products on eBay tend to be clothing items, video games, and home products, while on Etsy, those would be vintage second-hand furniture, craft supplies, and eco-friendly products. It's best to carefully research what would work best for each site and then draw a conclusion.
Also, Take Time to Research More About Products for Your Business
Gain a better understanding of the products you choose to sell. There is nothing worse than a reseller who doesn't know much about the products. You need to know where the items come from, who will likely buy them and what their value is so you can price them correctly. Resellers can attract potential buyers by understanding the history and the design of certain items. This is especially important for designer vintage clothing pieces and artwork.
Next Step, Begin Sourcing Goods
You need to obtain inventory for your store. The more items you have on sale, the more you'll profit. Whether you are a shoe or sneakers seller, a video game seller, or a fashionable clothing seller, you need to find products that are of good quality but that are priced low as well. Here is where you can find your products:
- Thrift shops,
- Yard and garage sales,
- Bin stores,
- Online sourcing,
- Retail sales.
Before Listing on eBay, Vinted, Shopify, or Etsy, Determine the Price So You Can Make Cash
The original price of most of the products will be significantly lower than the price you want to sell them for. Before determining the cost of the future listing, ask yourself how much you need to pay for refurbishing the products, how much your shipping will cost, and how much you need to ensure a profit. It's best to think about whether the customers would value the rarity and uniqueness of the product. Remember that pricing too high would leave your listings unnoticed, so ensure that your price is in line with consumer expectations.
If you want to understand pricing a little bit better, watch this video from one of the best YouTube channels about reselling.
Invest Effort Into Marketing Your Listings
Marketing is one of the key things you need to consider when growing an e-commerce business. Everything starts with taking photographs and writing captivating product descriptions. You need to spark an interest in the things you are selling.
Don't underestimate the power of marketing on social platforms like TikTok, Instagram, Pinterest, and Facebook. Influencer marketing is a powerful tool that is going to increase your sales tremendously.
Also, if you want this to become your full-time job and create a brand out of your business, we recommend just participating in virtual conferences and webinars where more people will hear about your store.
Begin Reselling on More Than One Platform Simultaneously - Use a Crossposting App
Make more money and have a successful shop by investing in a crossposting tool. Online selling tools are designed to make your listing appear on numerous platforms. You can get an opportunity to connect Etsy, eBay, Depop, Shopify, and any other you've always wanted to use. Listings are controlled from one place, so you can see exactly what got sold and what still hasn't gotten purchased.
Software for selling online is the final step that will make your online store a profitable job. The profit will be apparent, but the amount of work you need to do will decrease. A crosslisting software will manage your listings and stock as well as amend details instead of you. It's possible to increase sales by 20% in just two months.
In Conclusion, Follow Our Steps on How to Become a Full-Time Reseller and You’ll Succeed
Pro resellers who have established a thriving e-commerce business all started in the same way one day. The key to success is making a thorough plan and sticking to it. Determine what sells well and what will allow you to make a profit. Price the goods appropriately and market to as many customers as possible via social platforms. However, don't forget to register with Zipsale, a crossposting software. With good software to sell both on eBay and Depop, you'll promote listings on numerous platforms. The profit is guaranteed, which will only allow you to improve your store even further.