Daily Refinement 2.0 Episode #1: How to make $500-$18,000+ profit a month reselling
Daily Refinement
by Christopher Lin
8M ago
This model is based on the turn an $8 item from the thrift store into a $20 profit method by @technsports. This broadcast is sponsored by our mentorship at https://www.patreon.com/theresellerspodcast This works on any platform: eBay, Poshmark, Mercari, Amazon Etsy, etc. If you don’t make more money and save time, message us at the end of the month and we’ll refund you. Pick a Reselling Income Goal (How much do you want your bank account to go up monthly?) Level #1: Make my first $500. Just started. Level #2: $600 a Month - taxes Level #3: $1200 a Month - taxes Level #4: $3,00 ..read more
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What is Reseller Fire? | Reseller Financial Independence FI/RE
Daily Refinement
by Christopher Lin
8M ago
Reseller FIRE is a form of Barista FIRE, from the FI/RE Community, where the returns from your invested assets cover most, but not all of your living expenses, and you do work that you find enjoyable to make up for the difference and fund the rest of your lifestyle. The goal would be to create an online store that yields enough profit to cover your total living expenses, so you can avoid working a job you hate. All of the examples below require you to reach Reseller Nirvana first. This is where you are listing and selling approximately the same number of items each day. Regular Non Nirvana R ..read more
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Reseller Tax and Bookkeeping Questions
Daily Refinement
by Christopher Lin
1y ago
Reselling taxes and bookkeeping can be intimidating, so I’ve made this page as an overview of my reseller tax resources. I am not a tax professional, but I have some recommendations for professional tax help. I have 2 resources to recommend. In our reselling mentorship, we have an accountant in the group, her name is Cheryl Miller, and she has a spreadsheet that I recommend buying here. In our group, you can ask as many questions as you like. Join here. I also recommend both courses from Mark Tew. He goes over all the topics I cover in full-length. Mark’s Bookkeeping Course Mark’s Acco ..read more
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How to Use eBay Business Policies for Shipping, Returns and Payments
Daily Refinement
by Christopher Lin
1y ago
How to Use Business Policies to Save Time on eBay Go to this link to access these policies, you need a Basic Store Subscription, https://www.bizpolicy.ebay.com/businesspolicy/manage These are the 5 Policies that I Use Payment Policy I require immediate payment, but you don’t have to. Return Shipping Policy I have 60 day free returns. I don’t accept international returns Shipping Policy $8.99 Standard Shipping GSP International eBay $24.99 Free Shipping (Aged Items) I use this for items over 90 days old, but I currently have only 1 item that’s over 90 days old. He ..read more
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BEWARE of THIS before you make eBay changes...
Daily Refinement
by Christopher Lin
1y ago
Today I want to talk about being patient, growth takes time. Growing slowly is the best way to grow. Design changes to be uniform and long-term. Some Changes I Made New Vertical Flat Lay Setup New Bar on Flat Lay Visual Photo Sequence on Flat Lay New Inventory Cart Resources & Tools Subscribe for Daily Tips & Help on Youtube here. Join My Reseller Mentorship on Patreon here. MENTORSHIP PERKS LISTED BELOW I coach live on Zoom Monday-Friday at 6am-7am PST, all replays are posted in our FB group. Bring any question or concern, as we post our daily progress, a ..read more
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How to Stay Motivated on eBay During Slow Sales
Daily Refinement
by Christopher Lin
1y ago
How to Stay Motivated on eBay During Slow Sales (E03) It happens to everyone, but I’ve been refocusing when I get distracted for 2 main reasons. I want to be the best version of myself, and that task is very difficult, so I don’t have time to really worry about anything else. Number 1 Reseller In The Categories I Sell on in eBay In Terms of Profit I sell in 6 categories, I’d like to be number one in all my categories in terms of profit. Least time, highest hourly rate. Very High Standards Fastest & Most Accurate Photos Fastest & Most Accurate Photos Fastest Shipping ..read more
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How To Make Money as a Small eBay Reseller
Daily Refinement
by Christopher Lin
1y ago
How To Make Money on eBay as a Small Reseller [Episode #1] My name is Chris, I sell over a million dollars a year in my eBay store here. I have 3 employees and my goal is to average 200 new listings a day, 7 days a week. Today, I want to talk about the foundations of earning a full-time income from eBay, even as a small reseller. The mission of Daily Refinement is to make progress daily towards selling more items each week in less time. Everyone starts at zero. Starting at zero is a blessing, because it teaches you to be resourceful and teaches you how eBay works. If you can master an 10 ..read more
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