Wholesale 101

If you read our last blog post, 11 Tips for Contacting a Liquidator, you already know the basics of selling your extra stock, but today I want to give you even more advice.First, you need to let the Liquidator know exactly what you are selling. Just saying “Womens Clothing” doesn’t help at all. What brand is it? It is new or used? It is irregulars? Is it coats or is it tank tops? How much of it is there? Where is it from? - As you can see there’s so many variables that it is utterly impos …

One of the most important phrases when it comes to Salvage or Store Return merchandise is “SOLD AS-IS”, and here's why:  “AS - IS” means that the buyer is agreeing to purchase the merchandise exactly as it is with no additional offers. For example, if you are selling a Samsung Tablet, but it doesn’t turn on, and you have no idea wtf is wrong with it, you CAN sell it as “Will not turn on. No clue why. May or may not be fixable. SOLD AS-IS.”By listing your item like this you are s …

I have tried to share with you all the ways you can protect yourself, your family, your home and your sanity as an online seller, but I have to admit, this is a situation that never crossed my mind until I read about it this morning, and when I read about this I rushed to share it with you.“Chase” sells on Poshmark. He listed an item and a buyer, who we will call “Jerry” purchased the item on a Saturday afternoon. Like any good online seller, Chase planned on dropping off Jerrys order at the po …

YES, PAY PAL IS ACTUALLY LOWERING FEES! Before you get way too excited, the PayPal fee decrease is very specific and only applies to American Express payments, however, starting on the effective Date of March 31, 2022, the rate for receiving payments from American Express will be adjusted from 3.50% + $0.49 per transaction to 2.59% + $0.49 USD per transaction.  So yes, it appears PayPal is indeed lowering fees on AmEx by almost 1%, which is FANTASTIC!  …

I have always found it to be super bizarre when a listing says the trinket is 3” tall, then the listing is flooded with bad feedback that says “It’s so small!”. In many cases, the title will even say “3” Tall Lighthouse Decor”, yet the item is still slammed with complaints about it being “tiny”. Then, I happened to be reading through Reddit posts and came across exactly why this happens. Apparently, as of 2021, people have no idea how big (or small) 3 inches is. They have no idea how wide “1 …