This summary of the video was created by an AI. It might contain some inaccuracies.
00:00:00 – 00:14:20
The video provides an in-depth guide on essential apps for running a successful reselling business. Key platforms discussed include eBay, Amazon, Mercari, Whatnot, Facebook Marketplace, and Etsy, each suited for different types of products and seller preferences. The speaker also delves into print-on-demand services for custom designs, particularly effective on Etsy. Essential payment apps like PayPal, Venmo, Cash App, and Coinbase are recommended for handling financial transactions. For sourcing products, apps like Yard Sale Treasure Map, EstateSales.net, and Auction.zip are highlighted for their functionality in locating sales events. Additionally, for managing business operations, Four Seat and Stride assist with tracking receipts and mileage. The Photo Room app is noted for its ability to enhance product images, making them more appealing to buyers. The video concludes with a brief mention of the speaker's travels in Thailand or Nepal, inviting viewers to follow their journey on a separate channel.
00:00:00
In this part of the video, the speaker introduces a discussion about various apps used in their reselling business. They emphasize the challenge of choosing useful apps from the vast number available and aim to help viewers by sharing their personal list. The first category discussed is selling platforms, specifically highlighting six apps: eBay, Amazon, Mercari, Whatnot, Facebook, and Etsy. eBay is identified as the primary platform due to its large user base and versatility in selling various items. It is also used to determine the value of items through sold listings. Amazon is another key platform, mainly for selling new items acquired through different sourcing methods. The Amazon seller app is also noted for its scanner tool that helps assess the value and sales rank of items. Mercari is mentioned as a more casual marketplace suitable for part-time sellers dealing with pre-owned items.
00:03:00
In this segment of the video, the speaker discusses using different selling platforms for different types of products. They mention using Mercari to sell items like used perfumes, water filters, trinkety items, and vintage clothing, as certain things sell better there than on eBay. Additionally, they introduce Whatnot, a live auction platform suitable for extroverted sellers comfortable with live streaming, which doubles as a great sourcing platform. The speaker highlights using Facebook Marketplace primarily for local deals involving bulky or heavy items, like bicycles and kitchen appliances, although they note its large user base and potential for cross-posting. Lastly, they discuss selling on Etsy, specifically leveraging print-on-demand for custom designs on items like shirts and mugs, rather than focusing solely on traditional handmade or vintage items.
00:06:00
In this part of the video, the speaker discusses their involvement in the print-on-demand aspect of their reselling business, emphasizing the hands-off nature once designs are uploaded. They highlight the potential for success on Etsy, especially for crafty and upcycling resellers. The speaker also mentions other popular reselling platforms like D-pop, Poshmark, and Grailed, encouraging viewers to explore these options. The video then transitions to essential payment apps for the reselling business, including PayPal, Venmo, Cash App, and Coinbase, each serving different transaction purposes. Lastly, the discussion moves to sourcing apps, particularly Yard Sale Treasure Map, which helps locate and plan routes for local sales like yard and garage sales.
00:09:00
In this part of the video, the speaker discusses various apps useful for sourcing items for resale and managing resale business operations. They highlight:
1. **EstateSales.net App**: An app for finding estate sales by displaying a map of local sales, showing pictures, addresses, times, and terms of sales.
2. **Auction.zip App**: Similar in functionality to the estate sales app but focused on locating local and online auctions, providing details like sale items, dates, and pictures.
3. **Four Seat App**: Used for tracking retail receipts, allowing the user to take pictures of receipts and store them digitally for tax purposes.
4. **Stride App**: Helps in tracking business-related mileage, recording miles and travel times for easier end-of-year reporting to a CPA.
These apps collectively aid in improving the efficiency of finding sale events and managing financial records for reselling businesses.
00:12:00
In this part of the video, the speaker discusses the app “Photo Room” and its utility for resellers, particularly highlighting its capability to clean up images, adjust brightness and contrast, and, most importantly, remove and replace backgrounds. This tool is invaluable for improving the visual appeal of product photos, which are crucial for attracting buyers. The video concludes with a recap of the apps used in the speaker’s reselling business, invites viewers to leave comments, and shares that the speaker is currently backpacking in Thailand or Nepal, with plans to respond to comments upon return. The speaker also encourages viewers to follow their travel adventures on a second channel.