The Raiders Talk about Whatnot poop up sales. Are they effective? Evolving your business. Starting a website, shopify and getting away from high fees. What not show ideas.

This episode of the Hat House podcast is all about their recent reselling successes!

Here are the highlights:

• Monster Sales: They had a phenomenal show on Whatnot, where a Red Hot Chili Peppers tour shirt sold for a whopping $2,600 (6:41)! They also had great sales on eBay, including a pickleball paddle racket for $250 and a Ziljen symbol for $300 (24:35).
• Reseller Strategies: They discuss the "fast nickel" vs. "slow dime" approach to selling, and the importance of low buy-in costs (28:46).
• Instagram Marketing: They share tips for growing your Instagram presence, including following relevant accounts and creating engaging reels with apps like CapCut (43:18).
• Community Building: They emphasize the importance of being active in the Whatnot community to boost visibility and sales (50:58).

Other interesting tidbits:

• They found the $2,600 shirt in a trash pile! (16:58).
• They pre-load their Whatnot shows a few days in advance to generate pre-bids (13:52).
• They're exploring YouTube, specifically for "how-to" content, as a potential new growth avenue (58:58).

Basically, it's a fun and informative look into the world of reselling, with practical advice and entertaining stories!

This episode of the Raiders of Reselling podcast discusses the ups and downs of reselling, highlighting experiences from the hosts (Hat House, Coach Portch, and Fired Up Finds).

Downs:

• Bulk Buying Challenges: Sourcing in bulk can be time-consuming and sometimes result in losses if items don't sell at the expected price (2:15, 33:12).
• Whatnot Struggles: Stephen's experiment with live shows on Whatnot proved to be difficult, due to low sales and the pressure to constantly engage viewers for extended periods (7:05, 18:34).
• Thrifting Frustrations: Coach experienced a weekend of disappointing thrifting trips, with low-quality merchandise at one Goodwill and inflated prices at another (29:39).

Ups:

• Successful Buyouts: Coach secured a profitable buyout of a reseller's inventory, providing a solid foundation for future sales (2:30).
• Networking Opportunities: Sourcing through connections with other sellers can lead to lucrative deals (4:31).
• Improved Selling Strategies: Stephen plans to refine his selling approach by focusing on higher-tier items on his own website and utilizing auctions on eBay to boost visibility (47:55).
• Growing Instagram Presence: Stephen discusses the importance of creating engaging Reels and utilizing targeted ads to expand his Instagram following and drive traffic to his future website (52:17).
• Engagement and Community: Despite some downs, the hosts enjoy the community aspect of reselling and the interaction with their viewers (12:35, 22:57).

General Themes:

• Reselling involves both triumphs and setbacks.
• Networking and building relationships are crucial for success.
• Adaptability and experimentation are key to finding a sustainable business model.

Essentially, the video provides a realistic portrayal of the reselling journey, with its share of challenges and opportunities.

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