5 Reasons Most New Resellers Fail

There are probably hundreds of people who try reselling for the first time every single day, but the sad reality is, the majority of them will fail. I DON'T WANT YOU TO BE IN THAT MAJORITY, so in this video, I am sharing my top five tips on how to prevent yourself from the pitfalls many new resellers fall into. For more reselling tips and tricks, especially from the perspective of a part-time reseller, make sure to subscribe to my YouTube channel!

Topics covered in this video:
✅ 5 Common mistakes made by new resellers
✅ Tips to help you succeed as a new reseller on reselling platforms like Poshmark, eBay, and Mercari

Other helpful videos:

#sellyourclothes #reselling #sidehustle

◽️◽️◽️◽️◽️◽️

🐌 📬 SNAIL MAIL 🐌 📬

P.O. Box 94
Savoy, IL 61874

◽️◽️◽️◽️◽️◽️

👩🏻‍💻 RESELLING PLATFORMS 👩🏻‍💻

(New to Poshmark? Sign up with my referral code BECKYPARK and earn $5 off your first purchase, just for signing up!)

(New to Mercari? Earn $10 off your first purchase, just for singing up!)

(New to Kidizen? Use code (pfb4n) to earn $5 of credit when you sign up!)

(New to Whatnot? Earn $15 credit just for signing up!)

(New to ThredUp? Earn $10 off your first purchase when you sign up!)

◽️◽️◽️◽️◽️◽️

✨ RESELLING SERVICES I USE ON A DAILY BASIS ✨

(use code BECKYPARK to earn a 30% discount off your first month!

(use code BECKYPARK to save 20% on your first payment!)

🛒 RESELLING EQUIPMENT AND TOOLS I USE FROM AMAZON 🛒

📷 YOUTUBE EQUIPMENT I USE FROM AMAZON 📷

Disclaimer:

◽️◽️◽️◽️◽️◽️

👋🏼 SAY HI ON SOCIAL 👋🏼

◽️◽️◽️◽️◽️◽️

🎵 MUSIC 🎵

🎧 The song I use at the beginning of all my YouTube videos is recorded by a former student of mine! The song is called "Your Court," and you can find it on iTunes or Spotify. Her name is Ti Steele :)

[thriftingtiger]

New resellers just want to go sourcing and not do the selling. It's all about the treasure hunting and not the boring stuff. They just become shoppers instead of resellers. I do it part time and its been really nice having the extra cash to pay for bills. Been reselling for 4 years now and have increased my sales and inventory every single year. Still enjoy the process and always fun to find cool and unique pieces.

[denisew.]

Thanks Becky! I've been selling stuff from my house that I no longer use for about 2 years. I recently was laid off (I'm a nurse practitioner), and am looking to raise my game in reselling, while I have this extra time to get started. I started working with Vendoo to cross list and keep track of all the details. Your videos are really helpful.

[heathermolik]

"Put up your blinders and focus on your victories." Yes!!

[Awren]

This is so helpful. I just started reselling a few weeks ago, and I always get so excited and think my items will sell as soon as I post them 🤦‍♀️ I don’t get discouraged when they don’t, but I need to work on my patience:) Thank you for sharing your experience!

[melandscoob]

Thanks for sharing this, Becky. I've been reselling off and on since eBay began many years ago. In the past it was just a way to earn back some of the money I spent on kids clothing, books and toys after my kids grew out of them. Over the past year I've been trying to turn it into more of a side hustle. In situations like the recent Poshmark fee debacle, you are my first source for information. I appreciate that you don't freak out and make rash decisions. You just continue to be consistent and urge others to do the same. Thanks again for the information. And BTW, love your top!

[sleeplesstruth]

about to finally launch after years of wanting to... your tutorials ARE PRICELESS, everlasting gratitude! God Bless you and everyone. namaste

[valeriewhittaker]

All great points. I especially think too many resellers just keep adding to their inventory rather than focus on why it’s not selling, and knowing when to no longer try to sell it. Though I have only been at this part time for two years, I’ve seen that this last year has been the toughest despite that I believe im getting better at all aspects what goes into reselling. Being consistent, present and focused will pay off, also knowing when to pivot and change your business models whatever that may look like helps. I’ve often thought maybe this is too much work for little profit but I have found a way to make it enjoyable even when sales are slow.

[dianawong]

I definitely made a couple of these mistakes as a new reseller. It would be a great topic to share how you juggle it all from being a wife/mom, a teacher, a content creator, church, and a reseller.

[LgIdaho]

Becky, great video! You are so right!! Thanks for this video. People need to realize this is not a get rich quick deal!!

[CsTheDayBooks]

Love this video ! I’ve been at it for a month, got 15 sales so far. Slowly building up my closet. Trying to be patient. I’m wondering if it’s just slower in Canada 🇨🇦 since the population is much lower. Honestly I don’t personally know a single person who shops on Poshmark. Is this common? Do you personally know people who shop on Poshmark? I think all in all, Canadians also just shop less…not sure if this is misinformation but they did open Target her a few years back, and then decided to shut it all down lol

[deborahveryking]

Awesome delivery! Very informative and motivating!

[virginiasnyder]

How do you feel about the live sales? My sales basically stopped once that began. Live sellers start with very low prices..$5 $10 and a bidding war begins..I can not sell my items for $5.

[sandracopley]

This is so true too for most people. I've been reselling 11 months for a total of 220 sales, but the last three months have almost tanked 😢😢

[grabzndealz]

Very well said Becky. You always give great content.

[ThitinanStewart]

I don’t agree that you said sell what you have. I recommend thrifting for bolo and don’t buy a lot. Buy only perfect one, not just buy for building your inventory.

[Capella]

I haven’t had any sales since August.😢