Over the past year, I’ve seen hundreds of complaints that reselling has slowed down. People who used to make a full-time living selling on Poshmark are scrambling to diversify or increase their inventory just to get by. However, it’s not all about where you sell or how much stuff you have listed. If you’re not …
If you go to a thrift store at opening time in my area you’ll find a 30-person line, mostly made up of retirees. How early they get there I don’t know but I do know that some of them literally run through the thrift store and it’s pretty empty by the time I get there …
It seems that I can’t drive around town these days without seeing a new thrift store pop up. They all have strange names that don’t actually tell anyone what they sell. So what is a thrift store? And why do they all look junky? A thrift store is a store that sells used goods including …
Everyone I know that sells on eBay ultimately does it for the same reason – to make money. Even if you’re trying to get rid of some of your stuff, you want to walk that line between getting rid of it quickly and getting as much money for it as possible. But what about when …
It seems that going thrifting today is all the rage. I see dozen of hashtags on Instagram about people who are ready to “go thrifting” or just heading out in “thrifted” clothes. So what is all the hype about? What does it even mean to go thrifting? Going thrifting means going shopping for secondhand items …
OfferUp is a legit place to connect with people buying and selling products. But it is also possible to get scammed because its popularity has made it a magnet for scammers. But with appropriate precautions, you can dodge the negatives of this platform and get good deals. In the past couple of years that I’ve …
My wife and I try to do a major donation run every couple of months. We’re not quite Marie Kondo but we do our best to keep our house simple and uncluttered (although it doesn’t help that we’re always thrifting). During one of our latest purchases my wife and I debated for quite a while …
If you resell authentic luxury items, like Gucci bags, you have to play the procurer, marketer, salesman, and fulfillment manager. And as if that isn’t enough, you also need to be an excellent authenticator. Because returns and chargebacks can ruin your payment acceptance privileges. And if your products are proven fake on a merchant platform, …
Let’s face it, anytime you create a luxury brand you’re also creating a super hot secondary market for your brand’s pre-owned items. Such is the case for Louis Vuitton. In fact, more pre-owned Louis Vuitton items sell every year than new bags. However, purchasing a used Louis Vuitton bag is rife with potential pitfalls. The …
If you’ve never walked into a Chanel store it can be a depressing experience. Believe it or not, there is more than the price that’s a downer. Chanel takes some of the most extreme business practices in the industry to ensure that their product is scarce. This scarcity, in turn, allows them to create urgency …