US stock · Consumer Cyclical sector · Internet Retail
Company Logo

eBay Inc.

EBAYNASDAQ

48.82

USD
+2.35
(+5.06%)
Market Closed
2.64P/E
11Forward P/E
0.10P/E to S&P500
27.331BMarket CAP
1.64%Div Yield
Google Trends
Recent Reddit Comments

You have to setup a catalog in your fb store and then pay to have those product(s) displayed in marketplace with searches. Marketplace is supposed to be like craigslist/Ebay and consumer to consumer focused. B2C is pay to play in FB business marketing.

1
Reply
Share
Report
Save
Follow

I can clearly see a link between success and greed, theres probably someone/big competitors with fingers in pies trying to close you out. Money speaks as soon as you've made abit someone or another business has clearly seen this and trying to compete or close you out, probably stealing the idea for themselves.

Theres a well known blue red and white supermarket in the UK that does this to smaller brands, unknowingly to most of the public too. As soon as a brand of item gets traction the supermarket will reverse engineer the product and rip it off closing off orders to the company and keeping the product and profits to themselves. Clever but ruthless and probably legal. This looks exactly like whats happened to you, isnt Facebook, paypal, ebay and other sellers/ social media and e-commerce owned by the same company? Its a giant conglomerate of money cleaning and market control.

1
Reply
Share
Report
Save
Follow

There are 2 issues mixed here. Let me untangle them for you.

When you register on a platform to sell products, they will have all your details like Personal Name, Contact Number, Email Id, LLC name, address everything (Basic KYC).

So let's say your product has a fault and the customer is upset. If you get sued, it does not matter what your online store name on each platform is. The platform knows its you and your LLC so they will ban you or if they are sub-subpoenaed, they will give out your information.

All your links are tied so the sale is from your LLC and if you get sued, your LLC is liable. Your store name is just a name for customers to see, not your legal name. Good thing is you have a LLC so your personal assets are protected from your business assets incase things go wrong.

You dont have to use your LLC name. You can choose any name. Eg-

On Ebay - Cool Stuff 101
On Poshmark - Raw Sauce Co.
On Grailed - Under $49 store

All of the above will fall under your LLC and it will be held liable if things go wrong. So you don't have to use your LLC but the platform has your LLC registered with them as part of KYC, so your LLC will be held liable at the end of day.

If you are serious about this business, use a common name available on all platforms and register it as a dba (doing business as) so you can legally use your dba name and you can avoid having to use your LLC name.

LLCs do not need to use a FBN (Fictitious Business Name) or DBA (Doing Business As). However, if an LLC owner does not want to use the LLC name during the course of operating the business, then the owner can register to use a DBA or FBN. A DBA or FBN are also known as the trade name, not trademark.

To read more about DBA, checkout this super helpful guide - https://www.doola.com/blog/how-to-create-a-nevada-llc

1
Reply
Share
Report
Save
Follow

Yep! Everyone knows of eBay. It's just convenient for them and there isn't fees involved/chance of running into scammers.

1
Reply
Share
Report
Save
Follow

Oh man, I can relate so much to this. I did it for about 4 months. I also started because of Gary Vee. It's a shame that people get him off context in YouTube Shorts.

On the other hand, I had to be extremely careful with what I did. I was a student living in the US at that time (I went back to my country). So I resold used stuff I had (plus several stuff I managed to buy at cheap). I remember getting 3 iPods for $45, and selling one of those at $50. I made $500 in total and I couldn't believe it.

Do you know what was the funniest of all? Many people knew about eBay, but they were lazy enough that they didn't want to do it.

Not only I get that extra cash, but the experience was priceless. The same principles you apply to take pictures, learn the percentage of each of the intermediaries (PayPal, eBay and USPS), can be extrapolated to other businesses

1
Reply
Share
Report
Save
Follow

Can easily get a decent acer on amazon with a ryzen 3 which would be fine for even business use for under 400. You guys act like your doing actual heavy stuff on your computers, most businesses literally barely do anything CPU or GPU heavy for their work. You guys have been tricked into thinking you need to spend a lot of money for a businesses laptop when its simply not true. You can even get thin lenovo laptops that are like new from good sellers on ebay for around 400 that have the same specs as a macbook. The M1 chip though I will say is nice but its just not needed for most businesses, its way overdoing it. I have a Masters in Info tech and i'm telling you, you don't need even half the power your paying for most of the time.

1
Reply
Share
Report
Save
Follow

I buy used Games from Ebay and Mercari, way better prices than GameStop.

1
Reply
Share
Report
Save
Follow

Is there a new thing where people think its bad to get a laptop at a decent price? You can get a fine laptop for 3-400 if you're not looking for a powerhouse for graphic design, etc... Like I said to someone else, Mac's are severly overpriced and unneccessary except for graphic design and even then are still overpriced compared to a PC with the same specs. i got a like new lenovo t430 with an I5, 12gb ram, and 256 gb ssd on ebay for only 130 bucks. You don't have to spend much for a nice laptop if you're smart about it and don't care about silly brand names.

1
Reply
Share
Report
Save
Follow

Pirateship.com or other similar services like Shippo. They'll give you access to the "pretty darn good, similar to ebay" commercial shipping rates for carriers.

1
Reply
Share
Report
Save
Follow

This was a few Fridays ago, but I flew from California to Colorado for $52 (round trip) to visit my sister for the weekend. Thanks, Google Flights! I parked my car on the street for 72 hours and just walked a couple of miles to and from the airport.

Bonus: I bought a perfectly good, recent model Chromebook for $20 listed as not working on eBay and put Linux on it just in time for the trip.

1
Reply
Share
Report
Save
Follow

I think I should start on eBay or Etsy then once you have clients start your own website

1
Reply
Share
Report
Save
Follow

I do this part time in Australia in book niche. I didn't know anything about book values but once you sell a few you can work out what is worth money pretty quickly.

1-2 year old university text books has been well for me, pick them up from local op shops for $2 and resell between $20-80. Easy to scan for completed listing on eBay with the barcode.

1
Reply
Share
Report
Save
Follow

surely you cant be this naive? look at ebay. i still use flip phones for my business.

1
Reply
Share
Report
Save
Follow

Super fun until everyone else is doing it.

Used to buy storage lots. Then Storage Wars came out on TV. In come the fucking morons paying 3k for a storage locker of old clothes. And it never ends, that asshole will obviously quit, but there is just a stream of new people.

Flea markets, great finds. Now 95% look on ebay and ask what eBay is going for. OK, great, then don't sell your shit.

Now it is all Amazon returns. Some sell low, some sell high. But it is all trash to them. Find something good and resell, yay.

But the market has been ruined by tv, by YouTube people making more on youtube. Channels for "how I resell shit" instead of actually reselling and giving people the idea you can be a total retard and still go find stuff you will make a million dollars on.

1
Reply
Share
Report
Save
Follow

I am going to search Ebay for a "I bought the market top" baseball cap or maybe a "DOW 40k" baseball cap after buying stocks this week. I might as well buy that dumb hat as well today.

1
Reply
Share
Report
Save
Follow
  1. Start a youtube channel about power washing hacks.

  2. Keep power washing driveways for cash.

  3. Rent out the power washer when you are not power washing.

  4. Put the power washer on ebay for 40% of what you paid for it just in case someone buys it.

  5. Offer to power wash peoples stuff in return for stuff you want.

That power washer is a free MBA.

1
Reply
Share
Report
Save
Follow

This is great and all but it's guys like you that are the reason when I do need something and try to shop for slightly used because it's supposed to be cheaper but instead it's almost the same fucking price as new. It's why craigslist and ebay and just full of overpriced junk. It's not worth it anymore to even try to find something affordable, just buy new.

1
Reply
Share
Report
Save
Follow

Pretty much. Just not worth the time and if I'm trying to get rid of smaller knick knacks, I might as well sell it all at the same time. The smaller return is worth it over the hassle of dealing with eBay, shipping, potential scams and returns. If I was going to do it as a hobby/side hustle, it would be worth it but as a one time thing with 10-20 items actually worth it after the shipping cost and ebay cut, it's just not worth the little bit of extra money over a quick and easy sell by sitting it on the driveway with the other things

1
Reply
Share
Report
Save
Follow

Well the sales psychology (I don't know how it translates to apps).

No one wants to pay for something that has a potential return. We want to pay and get something in return. "Well you get the app and the features".

But as a customer/seller, they want to sell their product so they can get money. The psychology there doesn't make sense for a home owner, because ebay takes their fees after the sale is secured. Ebay charges fees for larger ticket items upfront, but for smaller things, it's afterwards.

So maybe you can use that knowledge to figure out pricing.

1
Reply
Share
Report
Save
Follow

Interesting, so why didn't you just sell it on ebay? Is it just the hassle/chance of scam?

1
Reply
Share
Report
Save
Follow

Art supplies. If you're not in it yet, you should be. I bought a oil pastel set for $10 and sold it on ebay for $200. Wtf????

1
Reply
Share
Report
Save
Follow

I think it would depend on how I was feeling, how nice you are, and how early you are lol if you are 2 hours early and I'm just starting to set things up I'll tell you sorry but no. If it's 30min before, i'm mostly ready, and you are nice about it, that probably would be fine.

The problem is those people are usually obviously resellers and super annoying about wanting a really good deal on things that I know they are just reselling anyways. I'm more likely to start slashing prices at the end of the day than the beginning since I know it's likely someone else will pay full price later so when someone shows up 30min early, immediately starts asking where the tools, games/electronics, and vinyl records are, and asking if I'll take $1 for something I have a $10 sticker on that I know they are going to resell on eBay for $30, I get annoyed pretty quick lol

I'm probably in the minority though. Most people just want to get rid of their junk and make a small amount of money off it with little hassle so I'm sure that tactic works well most of the time

1
Reply
Share
Report
Save
Follow

Yep! I think my total buy cost was around $3.7K, not including shipping expenses, ebay fees, business expenses, etc.

When I did it, it was before the start of the whole yard sale craze, in early 2017, so yes it can be very different now. I went last weekend, it was a stop before grabbing lunch and found a wireless xbox controller for $5, $35 on ebay. So nice $25 ish in profit, sold it yesterday haha.

1
Reply
Share
Report
Save
Follow

You should follow sports card collectors and traders on YouTube; they have apps that will scan a card and it will pull up “comps” or recent sales on EBay and Goldin Auctions and will base their offers on those price points. Sellers fully know this is happening and use it as a fair baseline to negotiate.

Point being here you should look at items and see sale prices on similar or exact comps and have your pricing or offer be lower than comps minus ebay + S&P. People know a garage sale is about bargain hunting which is why they come so if you research comps they should be fine with it. Worse case scenario they backpedal and you move on.

Also a lot of buyers will bundle and ask if there is “Room” if they bundle or package. Volume sales push sellers to a more wholesale mindset and it really works.

1
Reply
Share
Report
Save
Follow

As an eBay reseller and have been for many years, I think this touched on most of the good stuff. For those looking at this and thinking it's easy money, it is not. 25k in sales is nothing to sneeze at, but it's likely gross sales and not net sales. Its a grind and that's not an understatement. Doing this part time while holding down a steady fulltime gig is highly recommended.

The negatives - lots more competition while sourcing / selling. Seems like every Tom Dick and Harry and hordes stay at home moms do this now (I can't blame them). Dealing with customer service areas such as terrible buyers and returns, chargebacks, scammers and increased selling costs (fees, shipping supplies, COGS etc). Some weeks or months of bad sales / bad sourcing or returns could equal less than minimum wage.

For those wanting to start and watching YouTube, avoid ones that try to sell you courses or subscriptions to services. Keep in mind the bigger reseller influencers make their bread and butter as YouTubers with views, super chats and crap like that and not reselling. I haven't watched reselling content for a long time now, but I would say some good ones to watch are Craigslist Hunter (older videos) , Part Time Picker and Commonwealth Flipper/picker.
This area can get heated with recommendations and we all are very opinionated on who to watch, but these are just a few that have some good advice at times when I used to watch them..

eBay sales ebb and flow and when it's good it's really good, but when it's bad it can be downright painful. eBay likes consistency - so list items everyday with good titles, descriptions, photos and attractive prices. It doesn't have to be lots of items everyday, just need some activity.

Shoot for fast nickel and not the slow dime. You are not in the storage business.

1
Reply
Share
Report
Save
Follow

Yes, just knowledge about consumer brands + researching on ebay

1
Reply
Share
Report
Save
Follow

Any advice on how to know what to buy? Like do you look the stuff up on eBay to gauge what the market value?

1
Reply
Share
Report
Save
Follow

When you first start, are you just looking up models (thinking electronic) on ebay to see what they are selling for? That's the biggest hurdle I am dealing with is the knowing what to buy problem.

1
Reply
Share
Report
Save
Follow

It's so easy to start haha. A great way to learn ecommerce in a controlled setting (ebay)!

1
Reply
Share
Report
Save
Follow

I mean ps4s have been 1000 dollars (that's not just ebay, retail stores are offering that as well with) since they came out. So I'm pretty sure we've been in a recession since 2020 if anything lmao.

1
Reply
Share
Report
Save
Follow

Open your own shop in shopify for example or sell products using Amazon, ebay. The easy part. Another easy is buying money order from Western Union.

1
Reply
Share
Report
Save
Follow

Memorial Day... Day of the year where chodes at XSport Fitness put on their military uniform ordered from EBAY and AMZN and try to get free meals and drinks, and get laid

1
Reply
Share
Report
Save
Follow

Buy and sell stuff on eBay. Sports cards or sports memorabilia are my go-to.

1
Reply
Share
Report
Save
Follow

I’m not a economist, I can feel the demand falling already. I sell stuff on EBAY and liquidity has dried up like the Sahara Desert. PAIN IS ON!

1
Reply
Share
Report
Save
Follow

I just googled it out of curiosity and found listings on eBay.

1
Reply
Share
Report
Save
Follow

Those paper towels he touched are selling for A LOT on eBay. I heard rumors that they have magical healing and absorbing powers

1
Reply
Share
Report
Save
Follow

As a reseller myself, I would recommend eBay. It’s very easy to get started. Yes there are fees, but there’s also millions of months shoppers already active on the site. It’s also a good place to sell if you’re constantly selling unique, “one off” items. At the very least you could begin a cash flow that could be used later to launch your own website.

1
Reply
Share
Report
Save
Follow

If you are interested in making physical things at all then look into 3d printing. You sound just like me actually. 2 years ago I knew nothing about 3d printing and bought a cheap Chinese one, now I'm totally hooked and have built several of my own (check out the voron project if you want to build your own).

People say the days of making money 3d printing are over, but I have 3 of my own designs on ebay selling fairly well making between £50-£100 per week profit and its relatively passive as once you are setup you just click print and come back to a finished product.

The biggest benefit to 3d printing in my experience has been how it opens your mind to creating solutions to problems you didn't know you had.

1
Reply
Share
Report
Save
Follow

Pro-tip: To deflect your wife from your weekly gambling losses, buy something that seems so much more regarded than 0DTE calls, but much cheaper. Such as a vintage Garfield t-shirt off of eBay.

1
Reply
Share
Report
Save
Follow

Is there any chance you can temporarily boost your income to cut down the timeline such as investing more time in propping up the ebay business or taking on a temporary side hustle or project for a while?

1
Reply
Share
Report
Save
Follow

I am working on getting into IT to replace eBay, or switching my category on eBay to supplement more income.

1
Reply
Share
Report
Save
Follow

I think it's contextual. A good example of the opposite happening is that Amazon beat Ebay because Amazon prioritized the buyer.

Market share will always be determined by the consumer/customer, but it ebbs and flows.

1
Reply
Share
Report
Save
Follow

I have multiple 1099 jobs currently (selling on ebay, selling on Amazon, selling on Etsy, driving for Uber, driving for Amazon Flex) and a full time W2 job. Outside of mileage, can I track any other expenses or since I have a W2 job and only do the 1099 stuff part time I can't expense stuff like internet or maybe a portion of it since I use it for my 1099 stuff?

Also do I need to keep track of mileage or expenses separated by speicifc business, or can I just keep a main log of this and just note that it's related to Amazon or Uber or Ebay.

1
Reply
Share
Report
Save
Follow

yesterday i said EBAY looked tasty and got DOWNVOTED

up 4%

whos laughign now lmao

1
Reply
Share
Report
Save
Follow

I think you've got me all wrong here. There was no implied yes-but. There was no evasion of second best or any insistence on good enough.

I am well aware that a proper test of reality needs to be capable of falsifying the proposition under investigation. It's a pillar of scientific research, a prime directive for the "systematic revelation of reality" as you put it. I'm with you on that.

I asked if you agree with these other posters who said cash is king. You see me "dancing around" but I'm just trying to identify and avoid those loopholes.

You seem to think I'm being evasive, so let me give a concrete example about a product I made in the first few weeks of the pandemic. It's a simple plastic buckle that's used to secure a bandana. As a mask, as a head cover, a tourniquet, etc. One piece, no moving parts. I modeled it out, had some 3d printed, and put them on a few online shopping portals (eBay, Etsy, Mercari, etc). The first run of 100 prints sold in a few days, and it took off from there.

My partner and I played around with different pricing schemes and after a few months we had some decent data to analyze. There was some evidence of a 13-15 day cycle in the spectrum, which I figured was correlated to the typical payroll cycle. We experimented with some ads to try and boost the sales in that cycle. The result was a slight increase in traffic to our stores but no sales generated directly from those ad clicks. Nevertheless I thought we were starting to see some growth in the two-week peak of the spectrum but my partner insisted we stop the ads. He argued that they weren't leading directly to sales so they weren't worth the money. I thought we could afford to at least get more data, but it was ultimately his decision.

So all in all we've sold about ten thousand of the banana buckles over the past couple years. At least half of that was from bulk orders by different organizations/clubs (bikers, campers, paintballers, to name a few). The rest were one-off orders of multipacks of 3, 5, and 10. Other than a month of ads starting four months into the pandemic, all of our customers have come to our store pages via web searches.

As of 6-8 months ago the buckle sales have slowed to a trickle, which I attribute to my partner's refusal to do any kind of market development. He thinks the market told us unequivocally "no", and that we should just let it ride itself out as is. I thought that was a mistake; that those sales were a "maybe" which should have warranted further efforts.

So that's the example.

Was it confirmation bias that I thought we had enough validation to pursue further market/product development?

I think not, but I suppose you're going to say I'm thinking about it all wrong. Which is fine if that's what it is. I value your opinion either way.

1
Reply
Share
Report
Save
Follow

eBay. Lots of people doing well with this business with eBay.

1
Reply
Share
Report
Save
Follow

i uSE EbAy!!!

1
Reply
Share
Report
Save
Follow

Then you should totally invest in CDs.

And I don't even mean certificates of deposit. The risk on those are probably too much for you to handle.

If you go on Ebay old CDs are now selling for pennies on the dollar. Hold those suckers for a century. We're talking 10, 15, 30 percent return easily. It depends on the CD... obviously.

1
Reply
Share
Report
Save
Follow

You can learn how to flip and sale on ebay. With that money you could buy many things of value that will triple your money easily. Find something and get good at it like sports cards, rolex watch parts, maybe buy a tesla and sale the parts?

1
Reply
Share
Report
Save
Follow

ebay looking tasty at htis levels

1
Reply
Share
Report
Save
Follow

Yeah there are a ton of apps/sites that focus on reselling clothes, trying to setup your own just for the clothing OP is selling would be a huge waste of time, money and effort.

Also, like:

>Teens now love thrift stores and buying clothing like that.

Netflix made GirlBoss in 2017 which was based on Nasty Gal, which peaked in 2012. This isn't a new idea.

Not a bad show to watch if you plan on reselling clothes, either. Deals with all the fun things like ebay randomly shutting down your account

1
Reply
Share
Report
Save
Follow

Awesome thanks for the answer! It was very informative and seems to be common among what other people are saying regarding making a profit on eBay these days

1
Reply
Share
Report
Save
Follow

You should check out grailed, depop, & poshmark. Ebay can work but I don’t think it’s the best option.

You can either create a site now or hold off until you’ve made a few sales, but do make one at some point.

Also, I strongly recommend using social media (mainly instagram and facebook). It will help promote your company and build followers.

1
Reply
Share
Report
Save
Follow

I was a "top rated power seller" from like 2011-2015

Too many people lying that I sent them an empty box, or the product was empty, or asking to return but sending me back household trash.

Ebay/paypal always side with the buyer.

I couldn't take it anymore. I took my best customers and now just directly invoice in bulk and its still going strong. Fuck ebay.

1
Reply
Share
Report
Save
Follow

i dont know if anyone here does ebay too, but ive been doing it as a hobby since i was in college, and i've noticed the past 3 months, its slowed to a crawl. That shows me people have less discretionary income to spend on stuff like video games and electronics, the stuff i like to flip on ebay for a little bit of profit.

1
Reply
Share
Report
Save
Follow

Hey I was in the last thread.

I have not used eBay in a long time and was not aware their fees were that high!

You could try Facebook marketplace (local and shipping), poshmark, Mercari, thredUp, and others.

1
Reply
Share
Report
Save
Follow

Shopify has it's own fees associated with it. But it also has a lot of tools built in and a lot of customizable API's.

The important part to starting a buisness is starting a buisness. You don't have to worry too much about profits or doing everything the right/hard way. You can start out on ebay and shopify to streamline getting things off the ground and then transition from there to something that better suits your buisness model.

Oberlo also ties in with shopify and frankly they have so many amazing resources for fledgling entrepreneurs. They hire entrepreneurs full time to build buisnesses and write about the process only to raffle off the entire buisness to one of their clients. This article is a little older but it's an amazing read that works through EVERY step of the process.

https://www.shopify.com/blog/75644165-how-i-imported-gaming-glasses-with-alibaba-and-made-2-416-51-in-5-weeks

1
Reply
Share
Report
Save
Follow

I love that business card idea. Do you think the website should be right off the bat, considering I need to purchase a domain, or do I go on EBay first and raise some cash?

1
Reply
Share
Report
Save
Follow

A website is going to require a marketing strategy if you're going to sell anything.

Ebay is expensive AF from a fee perspective. I think it's like 15%+ now, but they do get a lot more visibility.

Why not do both? Every order you ship on ebay should have a buisness card with a link to your private site and you can use the early revenue to reinvest in google/facebook ads.

1
Reply
Share
Report
Save
Follow

Problem 1 - You need someone over 18 to administer the business

Problem 2 - Saturation/competition - between ebay, etsy, goodwill botique, plato's closet and all the others - is there even a demand?

Problem 3 - You don't seem to know how to setup a company, the expenses are likely to be higher than the profits

Problem 4 - There are 5,217,442,102,442,101 other competitors in the clothing sector

1
Reply
Share
Report
Save
Follow

If we don’t go through an LLC, what could happen? Is it illegal to do so? Also, they are advocating for the clothing line while I’m more on the end of flipping clothing. I’m not really ready to deal with the hassle of creating a brand. Why do you say EBay is better for this rather than a website? Do you think something smaller like that would still require a business plan to keep everyone on the same page?

1
Reply
Share
Report
Save
Follow

For the clothing line, hate to say, but it will be difficult. Maybe try print on-demand and sell them on a website you create very cheaply?

Thrifting might be a good idea, however, your best bet might be flipping on eBay.

Please make sure your partners are as committed as you are, because if they aren’t, it’s going to be hard to take control of your business as a 25% owner.

Do you plan on doing this legally, through an LLC?

1
Reply
Share
Report
Save
Follow

Some valid points here and this is the kind of discussion I was hoping to have more of.

You're 100% correct, but 'auctions as a service' are also a commodity. The network effect cannot be denied as far as user engagement, which is why Amazon and Yahoo couldn't compete with eBay, even after offering the same product, free, but I'm betting on the existing userbase and brand being what allows them to monetize the service better than anyone else.

Yes, if Ford offers the Ford Rideshare app and deploys a fleet of 100K self driving cars to cities around the country, that would get interesting, and that is not impossible, but I think Uber is absolutely the most effective first-mover in this space and nobody else will be able to compete with them, at scale. Lyft will be bought out by whoever wants to try it, good luck.

1
Reply
Share
Report
Save
Follow

Chip prices going up, crypto dead and gamers bought to buy all the cheap gpus on ebay.

1
Reply
Share
Report
Save
Follow

If you can’t pay you can’t pay. A few missed payments will not ruin your life. Don’t let them tell you your credit will never recover from this. It will.

Take a deep breath. Hold it a few seconds. Exhale. Ok? One more time. Inhale. Exhale.

Do not miss your rent payments unless there’s a local rent relief program to cover it for you. Lots of those exist thanks to Covid. If it exists, take advantage of it. If not, pay the rent.

Utilities always need to be paid but not necessarily on time.

Credit cards are expensive to miss payments on if you don’t intend to file bankruptcy. You normally wouldn’t do that over a paltry $3k. So, cover at least the bare minimum.

Note that your student loans are the cheapest thing to default on. They won’t be discharged even by bankruptcy. But if you gotta skip something, that’s what you skip first. Of course they’ll call you and threaten to report it to the credit bureau and put your name on one of those skybanners and tow it behind a biplane all over town to show the world what a horrible credit risk you are. And life goes on. Do not waste your life worrying about what you cannot do. You can’t pay what you can’t pay. Life will go on.

Now. About that income. That’s your focus. You cannot dig your way out of this hole til you find a better shovel than what you have. Could be anything from a better job (top pick!) Or a second job, to mowing neighbors’ lawns to selling your old stuff on Craigslist or eBay. Doesn’t matter how you come up with more money. Raise your income any way you can. Spend your energy worrying about that, and let your creditors yammer away all they want for now. Too many collectors calling? Stop answering your phone 💁‍♂️

Do what you can do. You cannot pay your existing bills with your existing income. But you can (and must) raise your income.

1
Reply
Share
Report
Save
Follow

Why didn't you just pay for business ads or sell via ebay, fb, etc? $60K seems a lot to give up just because one website wouldn't let you post individual ads.

Anyway, easiest for me was an ecommerce store. It made around $100K profit a year for 3 years before I sold it. I worked 1-2 hours a day most days.

1
Reply
Share
Report
Save
Follow

eBay has an nft collection now? Weird.

'NFTs are like Jpegs" 👴 Ok Boomer.

1
Reply
Share
Report
Save
Follow

Odd... a door from Home Depot is $62 and yet a plastic 6" table is less than $40. I have bought basic desks over the years for below $50 brand new from Office Depot.

I read somewhere that a lot of Amazon's early stories were just PR. Like "Jeff started Amazon in his garage" but in actuality he bought or rented a home specifically to launch the business from because he wanted that garage origin story. I could be wrong since I read this online and there's a lot of bogus information out there.

I believe Amazon's goals early on were also to forego profit and to try to grow massively in a short time period. I was an eBay PowerSeller in the early 2000s and I think it was the mid 2000s before Amazon actually had a profitable quarter because they were constantly using profits to acquire and expand.

1
Reply
Share
Report
Save
Follow

Ye, if it is reputable website such as Amazon or Ebay, I don't care it so much. But it is a new one that opened last Sep. Plus, it's a small individual business.

1
Reply
Share
Report
Save
Follow

Real note on top, nice crinkly newspaper beneath. Bonus points if you manage to nail a particularly convincing Rolecks or Britlong from eBay.

Hilariously a complete prick that I worked with once bought a fake Breitling thinking it was real. Holy shit the satisfaction when he stopped wearing it to work and admitted it was fake. What a piece of shit.

1
Reply
Share
Report
Save
Follow

You’d have the best luck just eBay selling them and using the money for something else. Sorry it’s the boring answer.

1
Reply
Share
Report
Save
Follow

This is the correct answer. You don't have the savings to buy a new car or fix your old one like new, but there's no law that says you can't drive a car with body damage. I've driven cars with some form of body damage for most of my life. As long as your self worth isn't pathetically tied to the vibes your car gives off, you'll be fine.

  1. Make sure the mechanic can fix the alignment issue
  2. Get the mirror off of eBay and replace it yourself; I'm sure there are YouTube videos of how to do it.
  3. If it has body issues like you can't open a door or something like that, find a body shop willing to spend an hour banging it out for you.
  4. When you do end up getting rid of the car (hopefully after a good while so you can save $$), sell on Marketplace and ask for a high price to start; after you sell, buy your next car for cash. Remember that salvage parts are still valuable, so even completely non-drivable pieces of crap cars can still be worth thousands based on their salvage part values. Depending on your miles, your transmission alone might be worth $1-2k.
1
Reply
Share
Report
Save
Follow

I was going to get either verizon or at&t bc I get a discount through work I was going for verizon bc they were reassuring the broken phone thing and my husband phone was cracked a little, but he was not wanting a phone to start with only me. But went shopping to at&t to see what they said and they said when the time came that they would accept his phone if we went with them. So I proceed to trade my s10 plus in for the 800$ credit and on down the line my credit is only like 8$ a monthr and I was still paying close to 40.. when I was supposed to only be paying like 8 bucks with my trade in. Well when I call to find out why (that is a headache on its own) they said there was a small scratch on the back and only gave me $250 instead of the 800 I was told. I was furious bc for one they should have said that before just doing it anyway I could have ordered a back to an s9+ off ebay for ten bucks, 2nd I think 550 was allot to hit me for a small scratch that was under the case I didn't even know about, and 3rd none of that even matters considering that he said he would accept my husband's worse cracked phone! if we went with them but then change their tune on mine for less damage than the one they promised to take? They also took forever to refund my activation fees that were supposed to be waived from my work discount, and it's so hard to get in touch with them or to even get anything fixed. I tried several times calling to complain about my credits finally i just have up and just paid to switch to tmobile. They are so bad it's like they're trying. And I think the trade in program is a scam!

1
Reply
Share
Report
Save
Follow

And you'll sell it for $50 on eBay. Calls on them too.

1
Reply
Share
Report
Save
Follow

I have more debt than I'd like to admit. I think what I'll do is try to throw in as much on extra payments at the non consolidated cards as I can and re-evaluate right before the promo rates expire before taking cash out of savings. My big issue right now is both kids ended up in braces to the tune of $250/month for the next 2 years (0% int payment plan via the dentist) and I have about $80k in student loans that will resume repayment in the fall. Those will eat up some resources. Husband and I are both due about $6k in raises next summer so whatever is left after taxes will also go straight to debt.

If I stay my current course, without adding in the raises, I figured out I can have all of my debt paid in 4 years excluding the mortgage and student debt. That's without adding any extra payments, which I plan to do as often as possible. I also sell on eBay and even if the profit is only an extra $15 I send it right off to a debt payment, just to make sure it gets done.

1
Reply
Share
Report
Save
Follow

The companies that secured the top five rankings in this year’s poll were Trader Joe's, HEB Grocery, Patagonia, Hershey (NYSE:HSY) and Wegmans.

What Else Happened: Rounding out the top 10 of companies that the public admired the most were Samsung, Toyota Motor Corporation (NYSE:TM), Amazon.com (NASDAQ:AMZN), Honda Motor Company (NYSE:HMC) and Sony (NYSE:SONY).

The companies with the biggest reputational declines from last year include Stellantis (NYSE:STLA) (down 8%), Twitter (NYSE:TWTR) (-4.9%), Pfizer (NYSE:PFE) (-4.7%), Disney (-4.3%), Trump Organization (-4.3%), Chick-fil-A (-3.7%), PepsiCo (NASDAQ:PEP) (-3.5%), eBay (NASDAQ:EBAY) (-3.3%), ExxonMobil (-3.3%) (NYSE:XOM) and Electronic Arts (NASDAQ:EA) (-3.2%).

0
Reply
Share
Report
Save
Follow

No keep your parents insurance, it will be better than anything u can get elsewhere. Do you have items u could sell for quick cash? eBay, Craigslist, Facebook marketplace.

1
Reply
Share
Report
Save
Follow

$500 is currently £399. I'm here to tell you that you will not be able to start a company, purchase stock from a reputable supplier, package it all up and send it to Amazon for anywhere near that amount.

Most wholesale companies have minimum order requirements that are much higher than that amount. Nothing to do with "wanting" it enough...

You could start doing eBay, build your bank roll and then go for Amazon. You could start a business for $500, but it won't be Amazon FBA.

1
Reply
Share
Report
Save
Follow

Adding avocado toast might make you feel less like wanting to eat anything, which might in turn then reduce your lentil bill.

Additionally, take snacks from the Jet and sell them on ebay.

You're a winner, you can do this.

1
Reply
Share
Report
Save
Follow

eBay NFT green, GameStop NFT red, you can’t make this shit up

1
Reply
Share
Report
Save
Follow

May 31, 1999 BusinessWeek magazine

Headline: Amazon vs eBay - a defining moment for eCommerce

23 years later eBay has the same $25B market cap while Amazon’s $22B market cap has risen almost 50X.

1
Reply
Share
Report
Save
Follow

Get on eBay and sell anything you can off craigslist

1
Reply
Share
Report
Save
Follow

Own a restaurant & I do side hustle on eBay for my hobby of comics on the side for extra cash.

Last year we had a baby and wife has been home since and I was working from home but my job decided to force us back and other shit. Decided to call it, and now we both spend our days with baby and just together as family.

Adjusted our budget a bit tighter but get to do what we love, baby & hobby.

1
Reply
Share
Report
Save
Follow

Initially they were experiencing the decoupling of eBay. They were also overpriced. Now they’re a great value play at these prices.

1
Reply
Share
Report
Save
Follow

As soon as eBay dropped them I gotout. That was what made them.

1
Reply
Share
Report
Save
Follow

Key executive departures are what grabs the most headlines, but IMHO it is something else.
As far as consumer value, they have taken a dive because they no longer offer the level of service they used to. From mistakenly seizing money from charities to being impotent when dealing with "friends and family" scams on the elderly - they have fallen in public trust. I personally got scammed on ebay and paypal would not refund my money so I can see why it has gone down as of late. I will never use it or ebay again.

Cash app, Venmo, etc.. are becoming the go to for consumer trade.

1
Reply
Share
Report
Save
Follow

Same. With PayPal it was east to buy and sell.

Now for selling I needed to give eBay my bank account info. No way eBay needs to know this info.

No longer using eBay (or for that matter PayPal).

1
Reply
Share
Report
Save
Follow

What's good to sell on now, instead of eBay? I refuse to give them my bank account directly

1
Reply
Share
Report
Save
Follow

Being a former seller on eBay, I have to say PayPal was a saviour. After they broke away, I stopped selling on eBay as it took days and even weeks to even see the money in my bank account. Hopeless.

1
Reply
Share
Report
Save
Follow

Here’s what you do: go to your local Best Buy and buy every single Blu Ray in stock. Worst case scenario, you can sell the Blu Rays on Ebay.

1
Reply
Share
Report
Save
Follow

Hello - I'm Paul and I run the Shopifreaks E-Commerce Newsletter where each week I highlight the most important happenings in the e-commerce industry. Here's a summary of this week's 70th Edition of the newsletter if you'd like to see the kind of content I publish:

  • Shopify tests Shop Cash and integrates with Crypto.com Pay
  • Square integrates Afterpay into their in-store POS
  • Meta adds a Pay button to WhatsApp
  • YouTube introduces new live shopping features
  • Shopify ramps up lobbying in U.S. & Europe
  • Will Arnett sports a $5,000 suit in a commercetools' commercial
  • Spotify is testing a feature to let artists sell NFTs
  • The seventh former eBay employee pleaded guilt to harassing Ecommercebytes founders (wild story)
  • Amazon is looking to sublet 10M sq.ft. of excess warehouse space
  • Plus 6 other stories and 26 seed rounds, IPOs, and acquisitions of interest.

If you work in the e-commerce industry, thanks for giving it a sub: https://www.shopifreaks.com

1
Reply
Share
Report
Save
Follow

They thought they were bigger then Ebay, they were wrong. End of story.

1
Reply
Share
Report
Save
Follow

There is also video games arbitrage from one marketplace to another.

I've used to pickup pokemon ds games (white, white 2, black , black 2) for 40-60 then selling them on ebay for 120+

Buy bundles of games and look out for rare ones.

You will get the eye eventually.

1
Reply
Share
Report
Save
Follow

And they're becoming obsolete... When was the last time anyone used PayPal. You still buying ebay stock too?

1
Reply
Share
Report
Save
Follow

Not exactly. PayPal spun off into its own company and had a 5 year deal to phase out from Ebay. It was always in the works, and PayPal now has a mcap 3 times higher than Ebay.

1
Reply
Share
Report
Save
Follow

But I imagine a steam/eBay hybrid would be worth the trouble, no?

1
Reply
Share
Report
Save
Follow

microsoft is looking into tying physical games and digital games. if you buy the physical copy, that gives you the entitlement for the digital copy as well. if NFT's are used as proof of ownership I could really get into this. I can sell my games directly to another buyer, it would be a better experience than selling on eBay.

1
Reply
Share
Report
Save
Follow

Don't forget RIVN and gas prices for their fleet. AMZN feels like eBay these days anyway.

1
Reply
Share
Report
Save
Follow

How long ago did PayPal separate from EBay?

1
Reply
Share
Report
Save
Follow

"Also in January 2014, Icahn pushed eBay to complete the corporate spin-off of PayPal. This started a proxy fight which was settled by April."

https://en.wikipedia.org/wiki/Carl_Icahn#2010–2015

1
Reply
Share
Report
Save
Follow
Recent Tweets
Check out Look at this on eBay https://t.co/rNNw9Atvny@eBay
0
0
0
Check out 14K Yellow Gold, Emerald, And Diamond Cocktail Ring Size 5.5 Tested 4.07g https://t.co/M1P5JNbfxH #eBay via @eBay
0
0
0
Check out 1 Ct Round Cut Lab Created Diamond Holding Hands Ring in 14K White Gold Finish. https://t.co/mKpFeBbSua via @eBay
0
0
0
Check out Vintage Magna Cigarette Lighter Collectible Red Empty https://t.co/3WTCGbVEe4 #Cigarettes #CigaretteLighter @EBay
0
0
1
Check out Silent Hill (PS1, 1999) Japanese Ver. KONAMI JAPAN Import https://t.co/YjhblN9eMQ @eBayより
0
0
0
Check out #Vintage #Germany German Pottery #JASBA Ceramic Keramik Art Milk Jug Decor marked https://t.co/ArWL6Ce4TU #eBay via @eBay
0
2
2
Check out VTG Covered Casserole Dish by Dansk Tivoli Belles Fleurs Blue Flowers Japan https://t.co/URT1GXHEus #eBay via @eBay
0
1
1
Check out (3) Vintage English Silver Plated Decanter Tags https://t.co/J60t1BIAZe #eBay via @eBay
0
1
0
Check out Rare Dark Red Huernia x Pendurata Cactus House Plant. #Cacti https://t.co/PV2BR9UteC via @eBay
0
2
3
Check out Sole Flex Women`s Slippers Size UK-4 EUR-37 Black Leather #SOLEFLEX #FlipFlop https://t.co/vKSQAxtFZM via @eBay
0
1
1
Check out RHS By Kimm & Miller Mug Height-3.4inch Royal Horticultural Society #KimmMiller https://t.co/VKTqXwmRe6 via @eBay
0
1
1
Check out Vintage New Arthur Heyden Handkerchiefs Embroidered Thin Linen Northern Ireland https://t.co/30nuWVVYhU via @eBay
0
1
1
Check out Revelation Men`s Large Briefcase Brown Faux Leather Lock Key Travel #Revelation #Travel https://t.co/GWkjJXBxuz via @eBay
0
1
1
Check out MEN'S FOUNDRY CHINO SHORTS COLOR: BLUE BIG & TALL SIZE: 54 COMFORT WAISTBAND https://t.co/9phO6krmEJ #eBay via @eBay
0
9
5
Check out Balinese Wood Mask Barong Red Singh Hand Carved Wall Hanging Folk Art Sculpture https://t.co/tWRQEmY4g0 via @eBay
0
6
4
Acuna Card Giveaway! To Enter Like and Retweet! I am trying to spread the word on my 50% OFF @ebay SALE only hours left. https://t.co/Q1cjKzBPUi #thehobby #topps https://t.co/hqGbS65yyC
4
46
46
I don’t even know what to say regarding this feedback?! @eBay 🤦🏼‍♂️🤷🏼‍♂️ https://t.co/zQTopqfJ3i
80
20
206