What It's About
Today's caller seeks help pricing their reselling services.
Notes from Chris
Episode 1715
A listener and her teenager have been selling on Facebook Marketplace, and getting off to a good start. Now they have the chance to sell for others, and are wondering about some best practices. Should she charge a percentage, a fixed fee, or some combination? What else might be good to know in this situation?"Hi, Chris, this is Bertina Smelser from the Gettysburg area of Pennsylvania, my teenage son and I already have a side hustle if we said on Facebook marketplace, it's actually done pretty well. He sells shoes and I mostly sell books and clothing. It's also a bonus to get to spend time together. I really enjoy that. Interestingly, when people hear that I resell things online, I sometimes get asked about selling things for other people. That sounds intriguing to me. I actually did sell a large lot of baskets as a favor for an elderly couple that was downsizing. But while I was glad to do it, I felt a lot more pressure when I was selling for someone else and it was a lot less fun. However, I haven't ruled this out. So my question is, if I were to sell on consignment, what percentage should I charge or should I set a flat selling fee? Thanks for your inspiration. I've been encouraged by your stories of reselling in your early days. I can't wait to hear your answer."Listen to today's episode to learn more...
SEE ALSO:
- Q&A: How can I get paid to help resellers?: Lots of people are exploring the world of reselling. Today’s caller is wondering … what are the reseller’s needs, and what can he sell to them?
- Summer Job Reselling Silver Brings in $10,000: When his roommate makes $2,000 buying and selling silver in one weekend, this student turns off the TV and starts his own education in precious metals. He goes on to earn $10,000 his first summer.
- Car Enthusiast Races Towards Reselling Success: A former product manager sees the potential in importing specialty car parts.
Download Episodes By Months: Season 6 (2022): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |
Resources
CREATE YOUR ONLINE STORE
Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.
Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today!
Learn More
GET YOUR FIRST 1,000 EMAIL SUBSCRIBERS
Social media is nice, but building an email list is still the single best way to get customers and clients for your hustle. It's not hard to get started—sign up for a 30-day trial and join the list-building challenge! You’ll be up and running in no time.
Sponsors & Gratitude
Don't Do Business Without It
Side Hustle School is brought to you by American Express.
No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳
Like the Show? Leave a Rating!
Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅
It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How
Keep in Touch
There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!
To infinity and beyond,
