This transparency is awesome. I’ve considered selling items before, but don’t really know where to start. This has been very helpful. I would like to hear some of the more nitty gritty details like average time items are held, startup costs, etc.
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I mean if you want to do it, just do it.
I first started with a lot of about 30 PS2 games that I got from a garage sale. I used old paper grocery bags to wrap them and hand wrote the address on then took them to the post office and paid there, then entered the tracking on eBay from the receipt.
Now I have bubble mailers, a scale, and a label printer and it adds the tracking automatically.
What I mean is that your startup cost is exactly what you want to spend on the item to resell. You can then turn your profit into equipment (which I suggest buying used off eBay - so as long as it still works you can sell it for what you paid).
As for holding time, it varies. I can sell something minutes after listing, or months down the road. If you really want to turn items fast you can do 7 day auctions - but those often won't get you as much money as you could have gotten by waiting with a buy it now.