When you’re getting out of debt, Dave says to sell so much stuff the kids think they’re next. But how do you start and actual start making money.
Why declutter? Because it is overwhelming, draining, makes you moody. You can’t have good habits with clutter. It drains your energy. It is is around when there’s a scarcity mindset. If you want change, you have to make room for something new!
You should be thinking abundantly. “There’s always more where that came from.” Hanging onto things is a feeling and a mindset where you don’t think more goodness and prosperity are coming your way. And you can make some money to help pay off your debts or put towards your sinking funds and/or rainy day fund.
Side Hustlers Income Reports
I loved this interview with Leslie Tucker, an expert in the world of online reselling platforms. Leslie went from working a full time job — and reselling as a hobby — to retiring from her job and running a full time reselling business. Empty out your closet!!
You’ll get step-by-step tips on how to start, what to sell, what platforms to use and so much more. Seriously, you won’t believe all the information packed in this one episode! Listen to the episode here
Here is what is covered!
Leslie’s backstory
How Leslie’s husband factored into her reselling journey
How quickly Leslie received her 1st online income payment
The plan Leslie came up with once she saw the options and potential to make decent money from reselling
How long it took Leslie to execute said plan
Did Leslie have to invest money in her pursuits to resell her stuff?
How much business experience plays a role, if any, in your success in reselling
Leslie walks us through the process of cleaning out your stuff!
How to get organized enough so that you know where to start in the decluttering process
How to decide what is a donate or a sell
Are minor repairs to your clothes and things imperative before you sell them?
Should you clean your clothes before selling?
How to know how to price your items
How to systematize the process of selling your things
The best way to write descriptions for your items
Is it important to note the imperfections on your items when selling?
Tips for shipping
Best apps for reselling
Why Leslie recommends starting on eBay
What is a bundle
Why Poshmark may be the platform for you If/when you should start an Instagram account re: your reselling
Should you wait to sell seasonal items per their season
How to set limits so you don’t turn into a hoarder (for selling all things you see)
Disadvantages being a new seller
What to expect in dealing with your items being returned (and how to handle it)
Reselling Platforms for clothing
Poshmark
Ebay
Mercari
Depop
Grailed
Facebook Marketplace
Tools you will need to be successful
Boxes, envelopes, poly mailer
Tissue/packing paper
Bubble wrap/popcorn (if fragile)
Printer for printing labels
Waterproof bags for clothing (if desired)
Learn more about Leslie and get more tips
Since many in our Side Hustle group have been focused on reselling
Here are some resellers best practices
Offer Free Shipping
No, shipping is never “free”- someone pays for it, meaning lower margins for you or a
higher cost to the customer. But buyers have come to expect it. 28% of customers
will abandon their cart without it. 90% of customers say that free shipping is one of
the biggest factors when shopping online. Try a system that provides customers with
free shipping once their order meets a certain total amount. “Free shipping on all
orders over $50.”
This keeps your customer on the page, and often gets them to spend a little more. “I
don’t want to pay $7.95 for shipping. I’m only $5 away from getting it free. Let me
see if I can get to $50.”
Make Shipping Costs Obvious at Checkout
Customers don’t always mind paying for shipping– but they don’t like surprises. Your
customers are likely to abandon their cart if they can’t see shipping costs until the
end of checkout or if they’re blindsided by an unexpectedly high shipping cost.
Provide Shipping Communication
Customers expect updates; doing so leads to positive ratings. Give them a
confirmation, shipping estimate and tracking number provided by the platform you’re
on, or software you use. Process orders in a timely manner and within the expected
timeframe.
Pack Things Classy
Package things securely, and go above and beyond with tissue paper, a sticker, and
even a thank you business card. Create something cute in Cavna or order from
VistaPrint. This allows you to invite others to shop your store as well
Respond to Customer Questions Promptly
Reply in a timely fashion, especially about shipping delays/issues. Adhere to return
policies.
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