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How I Made $70,000 Selling On Ebay By The Age 16

Published on: November 30 2022 by Carter Maxwell

How I Made $70,000 Selling On Ebay By The Age 16

How I Made $70,000 Selling On Ebay By The Age 16

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00:00:00 00:00:04 what's up everyone Carter Maxwell here
00:00:02 00:00:07 the high school hustler and in this
00:00:04 00:00:11 video I'll be going over how I sold over
00:00:07 00:00:14 seventy thousand dollars by the age of
00:00:11 00:00:16 16 selling on eBay and guys if you are
00:00:14 00:00:18 interested in creating your own online
00:00:16 00:00:20 business to make you money while you
00:00:18 00:00:22 sleep then this is the channel for you
00:00:20 00:00:24 so go ahead and hit that subscribe
00:00:22 00:00:26 button but as a young teenage
00:00:24 00:00:29 entrepreneur I've sold on various
00:00:26 00:00:31 platforms from eBay to Amazon FBA to
00:00:29 00:00:33 merch by Amazon the Shopify and some
00:00:31 00:00:35 others as well and along the journey
00:00:33 00:00:38 I've had quite a few great successes and
00:00:35 00:00:39 quite a few great failures now in this
00:00:38 00:00:42 video I'll be going over kind of like a
00:00:39 00:00:44 success story of me as a teenage
00:00:42 00:00:48 entrepreneur from the age of 13 to age
00:00:44 00:00:50 16 grossing over $70,000 in sales
00:00:48 00:00:52 selling on eBay now like all those
00:00:50 00:00:54 success stories you always want to see
00:00:52 00:00:58 the proof here it is guys it's my
00:00:54 00:01:00 profile you can see from the data I just
00:00:58 00:01:02 had my first sale - now it's been
00:01:00 00:01:03 $70,000 now those are the actually
00:01:02 00:01:04 follow me on Instagram and stuff like
00:01:03 00:01:07 that
00:01:04 00:01:09 link in the description I am 17 years
00:01:07 00:01:13 old but over the last year I've only
00:01:09 00:01:15 done $12,000 in sales and if you want to
00:01:13 00:01:19 see the monthly breakdown from the month
00:01:15 00:01:23 I turned 17 I've only done about 3500 in
00:01:19 00:01:26 sales so really if you wanted to be
00:01:23 00:01:29 right on the dot from age 13 age 16
00:01:26 00:01:31 I've grossed over 67 thousand dollars in
00:01:29 00:01:33 sales but I thought I just ran up to 70
00:01:31 00:01:35 because it just sounds cooler but
00:01:33 00:01:38 anyways it's still a really nice
00:01:35 00:01:40 milestone and I'm not making this video
00:01:38 00:01:42 to brag to anyone to look cool I'm just
00:01:40 00:01:43 really making this video just to show
00:01:42 00:01:46 you and motivate you that if you take
00:01:43 00:01:49 action you work hard you can reach goals
00:01:46 00:01:50 like this guys anyone can do you don't
00:01:49 00:01:52 to be super super smart you don't have
00:01:50 00:01:54 tons of money to start at the beginning
00:01:52 00:01:56 you just have to be able to take the
00:01:54 00:01:58 risk and take action guys anyways this
00:01:56 00:02:00 is just the proof for all the people out
00:01:58 00:02:02 there I don't think that I did it here
00:02:00 00:02:05 it is now that I showed you guys all the
00:02:02 00:02:07 proof it's actually get into how you can
00:02:05 00:02:10 make seventy thousand dollars in beyond
00:02:07 00:02:12 at any age selling on eBay so I'm gonna
00:02:10 00:02:13 go through them and kind of break down a
00:02:12 00:02:15 few different business
00:02:13 00:02:18 that you can pursue to make money on
00:02:15 00:02:20 eBay and the first business model I'll
00:02:18 00:02:22 be going over isn't so much a model but
00:02:20 00:02:24 of way of selling and you be basically
00:02:22 00:02:27 reselling just like random items in
00:02:24 00:02:30 general for instance this Australian
00:02:27 00:02:31 kookaburra coin I think that's I wonder
00:02:30 00:02:33 if I pronounced it or I'm not sure but
00:02:31 00:02:36 this is the first item that I'd ever
00:02:33 00:02:38 sold on eBay now it's a funny story
00:02:36 00:02:41 because this is an item that I was
00:02:38 00:02:44 gifted from a relative and they ended up
00:02:41 00:02:46 selling it at the age of 13 for my first
00:02:44 00:02:48 sell ever now I have two siblings as
00:02:46 00:02:51 well and that ended up actually going
00:02:48 00:02:53 and stealing their coin without them
00:02:51 00:02:55 knowing and selling it on eBay and so
00:02:53 00:02:59 before I knew it like I already made
00:02:55 00:03:02 like 75 like $90 just selling this coin
00:02:59 00:03:04 on eBay I mean at the age of 13 that's
00:03:02 00:03:06 insane money I mean it's in my PayPal
00:03:04 00:03:08 card didn't know how I could get that in
00:03:06 00:03:10 my hands but I just knew that I've made
00:03:08 00:03:12 that money and I got to go to the post
00:03:10 00:03:15 office and ship and everything was just
00:03:12 00:03:17 a really cool experience now some of the
00:03:15 00:03:20 items I ended up selling throughout my
00:03:17 00:03:23 career were clothing for instance like
00:03:20 00:03:26 Ralph Lauren just bunch of different
00:03:23 00:03:28 brands like this all depends like the
00:03:26 00:03:32 size of something I once sold like a
00:03:28 00:03:34 three XL t-shirt long sleeved I think
00:03:32 00:03:36 was a long sleeve three XL sold it for
00:03:34 00:03:39 like fifty bucks it all depends on the
00:03:36 00:03:41 the size the condition of it but I mean
00:03:39 00:03:43 I just my listings literally looks like
00:03:41 00:03:46 let me try to find the example look like
00:03:43 00:03:48 this I didn't really have like the the
00:03:46 00:03:50 mannequin or whatever behind it but I
00:03:48 00:03:52 got high like this I could just had it
00:03:50 00:03:53 on a hanger hanging up I took nicer
00:03:52 00:03:56 pictures in this but that's kind of what
00:03:53 00:03:58 it looked like and so once I just sold
00:03:56 00:04:00 random odds like the coins clothing I
00:03:58 00:04:02 was used to sell baseballs as well I had
00:04:00 00:04:06 a baseball practike field next to me and
00:04:02 00:04:08 behind that field and like behind the
00:04:06 00:04:10 practike field there were like lost
00:04:08 00:04:11 baseballs everyone so I go to pick him
00:04:10 00:04:13 up and I create a listing on eBay and
00:04:11 00:04:15 I'd make some really good money from so
00:04:13 00:04:16 it just goes to show that if you just
00:04:15 00:04:18 use your mind go out there and find
00:04:16 00:04:20 those times of resale and this is
00:04:18 00:04:22 probably one of the easiest business
00:04:20 00:04:24 models to start because it has a low low
00:04:22 00:04:26 upfront cost not to invest a ton of
00:04:24 00:04:27 money upfront for like one prodigious go
00:04:26 00:04:29 find these product
00:04:27 00:04:32 around your house garage sales thrift
00:04:29 00:04:34 stores and resell them on eBay the next
00:04:32 00:04:36 business model is what's known as drop
00:04:34 00:04:38 shipping to where you sell a product on
00:04:36 00:04:41 a website and once it sells you're then
00:04:38 00:04:43 gonna go to another website purchase
00:04:41 00:04:45 that product from that website and have
00:04:43 00:04:47 that website seller send it to the
00:04:45 00:04:49 customer who would purchased your
00:04:47 00:04:52 original listing so for example you can
00:04:49 00:04:54 drop ship from Amazon or Aliexpress and
00:04:52 00:04:56 some other websites as well but Amazon
00:04:54 00:04:59 and Aliexpress are probably the two most
00:04:56 00:05:01 popular some are so one quick example
00:04:59 00:05:03 from each so for instance this weight
00:05:01 00:05:05 set on eBay
00:05:03 00:05:07 you can see the same pictures the same
00:05:05 00:05:10 listing is selling anywhere from us
00:05:07 00:05:15 think the mid-50s and they were up to
00:05:10 00:05:16 mid 70 or 75 s around that range okay
00:05:15 00:05:20 now for instance let's just say this
00:05:16 00:05:22 product sells for 72 dollars on ebay
00:05:20 00:05:25 that eBay seller isn't gonna come to
00:05:22 00:05:27 Amazon and purchase that exact product
00:05:25 00:05:31 for a lower price forty seven dollars
00:05:27 00:05:33 and sixty six cents the eBay seller is
00:05:31 00:05:37 then gonna have the Amazon seller ship
00:05:33 00:05:38 the product to the eBay customer cutting
00:05:37 00:05:40 out all the holding of physical
00:05:38 00:05:43 inventory that's why this model is super
00:05:40 00:05:44 popular so if you get ten sales you're
00:05:43 00:05:46 just going to go to Amazon order this
00:05:44 00:05:48 product ten different times and have
00:05:46 00:05:49 each of those products shipped to that
00:05:48 00:05:52 eBay customer so it's a really
00:05:49 00:05:55 convenient in really efficient model now
00:05:52 00:05:57 to the example where we use Aliexpress
00:05:55 00:05:59 as our drop shipping service so once
00:05:57 00:06:01 again you're gonna then sell that item
00:05:59 00:06:03 on eBay for instance I just use these
00:06:01 00:06:05 wax beads at Prague that actually sold
00:06:03 00:06:07 in the past and you can see there's
00:06:05 00:06:10 different price ranges depending on the
00:06:07 00:06:13 weight and size of the different wax
00:06:10 00:06:15 beans and you can see they're selling
00:06:13 00:06:16 for some pretty low prices on Aliexpress
00:06:15 00:06:18 now for those of you that don't really
00:06:16 00:06:22 know what Aliexpress is it's basically
00:06:18 00:06:23 China's eBay as a simplified form to
00:06:22 00:06:25 where you can actually purchase these
00:06:23 00:06:28 products every time this song eBay so
00:06:25 00:06:29 when compared to Amazon if you have a
00:06:28 00:06:31 prime account you can get two days
00:06:29 00:06:33 shipping to your customer you're just
00:06:31 00:06:36 shipping the product as a gift when it
00:06:33 00:06:37 comes to ordering off Aliexpress you're
00:06:36 00:06:39 gonna be able to get a lot better
00:06:37 00:06:41 pricing cheaper pricing when it comes to
00:06:39 00:06:42 purchasing the product but
00:06:41 00:06:45 shipping from shine and shipping from
00:06:42 00:06:47 overseas and it's gonna take a week two
00:06:45 00:06:49 weeks 13 14 days for that product to
00:06:47 00:06:51 arrive at your customers doorstep so
00:06:49 00:06:55 sometimes some customers don't mind some
00:06:51 00:06:57 do and all depends but you can see
00:06:55 00:07:02 there's this out - pretty sure this is
00:06:57 00:07:05 the 100 100 gram weight based product
00:07:02 00:07:09 for 1295 you can find this exact one for
00:07:05 00:07:10 a dollar fifty three free shipping $2 24
00:07:09 00:07:12 cents free shipping you can look at the
00:07:10 00:07:14 amount of orders on this product you can
00:07:12 00:07:16 sort it by order as popularity
00:07:14 00:07:18 accelerating all those things and so
00:07:16 00:07:18 once again once you sell that product on
00:07:18 00:07:20 eBay
00:07:18 00:07:22 you're gonna go to Aliexpress and you're
00:07:20 00:07:25 gonna purchase that identikal product
00:07:22 00:07:28 and have the Aliexpress seller drop ship
00:07:25 00:07:30 it directly to your ebay customer the
00:07:28 00:07:32 final business model that I will be
00:07:30 00:07:35 going over is wholesale a wholesale is
00:07:32 00:07:37 not really for the rookie new online
00:07:35 00:07:39 e-commerce seller okay it's gonna take a
00:07:37 00:07:42 little bit more of an upfront cost to
00:07:39 00:07:45 sell one individual product for example
00:07:42 00:07:48 this emergency power USB Hand Crank okay
00:07:45 00:07:51 it's either selling for on $8.99 they've
00:07:48 00:07:53 sold 824 of them youcome Alibaba which
00:07:51 00:07:56 is basically the most popular worldwide
00:07:53 00:07:58 online training website you're gonna be
00:07:56 00:08:00 able to purchase this product in bulk
00:07:58 00:08:02 from supplies so you can see the
00:08:00 00:08:05 supplier is selling the exact same
00:08:02 00:08:08 product for a dollar to two dollars and
00:08:05 00:08:11 50 cents with a minimum quantity of 20
00:08:08 00:08:13 pieces now this is the model that I use
00:08:11 00:08:14 personally to make the majority of my
00:08:13 00:08:16 money all this I was in the Sun this
00:08:14 00:08:18 product I was selling a few different
00:08:16 00:08:21 products that I was ordering in bulk and
00:08:18 00:08:23 so I'd get it a really large discount
00:08:21 00:08:24 window ordering in bulk and I was able
00:08:23 00:08:27 to sell it for a higher price on eBay
00:08:24 00:08:29 and make some pretty nice money off that
00:08:27 00:08:33 product so basically you can negotiate
00:08:29 00:08:35 with the supplier maybe you have 100 200
00:08:33 00:08:37 $300 you're able to spend on this
00:08:35 00:08:38 product so instead of a 20 piece order
00:08:37 00:08:40 maybe you want to make a hundred piece
00:08:38 00:08:42 order and you able to get that price
00:08:40 00:08:44 from two dollars and 50 cents per unit
00:08:42 00:08:47 down to $1.00 per unit so then you buy
00:08:44 00:08:48 it for a dollar maybe it cost 25 50
00:08:47 00:08:51 Cent's let's just say 50 cents to ship
00:08:48 00:08:53 it to your house your buy cost is gonna
00:08:51 00:08:55 be a dollar fifty per piece you're gonna
00:08:53 00:08:57 be selling for 894
00:08:55 00:08:59 basically nine dollars leaving you a
00:08:57 00:09:01 nice-sized profit okay now that's kind
00:08:59 00:09:03 of the concept of wholesale obviously
00:09:01 00:09:05 you can wholesale some higher priced
00:09:03 00:09:07 items that are selling for twenty to
00:09:05 00:09:09 thirty or maybe lower price items that
00:09:07 00:09:11 sell in larger quantities is all up to
00:09:09 00:09:13 you but also if you guys interested to
00:09:11 00:09:16 learn how I've made up to some twenty
00:09:13 00:09:18 five thousand dollar plus months selling
00:09:16 00:09:20 my own private label products on Amazon
00:09:18 00:09:22 make sure you click the first link in
00:09:20 00:09:25 the description anyways that is it for
00:09:22 00:09:28 this video on how I made $70,000 in
00:09:25 00:09:30 sales by the age of 16 selling on eBay
00:09:28 00:09:32 if you guys enjoyed this video please
00:09:30 00:09:34 feel free to comment loath any questions
00:09:32 00:09:37 and/or video ideas you'd like to see in
00:09:34 00:09:39 the future also don't forget to like and
00:09:37 00:09:40 subscribe as I'm always giving away
00:09:39 00:09:43 different tips and tricks on how to make
00:09:40 00:09:46 money online you know that note I'll see
00:09:43 00:09:46 you guys next video