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
Table of Contents About 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 |
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