Pickers Podcast Mike & Jen

Attention resellers! eBay is changing how shipping costs are displayed on your listings. This could affect your bottom line.
In this episode, we discuss:
Understanding eBay's Commercial Base Pricing (CBP) and Commercial Plus Pricing (CPP) for shipping discounts. (No link included, but listeners can find details on eBay)
The recent email from eBay about showing discounted shipping rates by default.
Why that small discount you might get from eBay might not cover your actual shipping materials costs.
How to OPT OUT of this change and keep control of your shipping prices. (Instructions included in the episode)
Don't let hidden fees eat into your profits! Tune in for actionable tips to stay ahead of the curve.
Bonus! We also share a successful Tupperware resale update with a $3,942.11 net profit!
Plus, our entertaining trivia segment to test your reselling knowledge!
This episode is packed with valuable insights for all resellers!
Listen now!
P.S. Leave us a review on Apple Podcasts and share your thoughts!
#reselling #ebayshipping #profits #tupperware #trivia
 
If you want to opt out of this change, just let us know here by May 13 and we won’t make any changes to your current shipping rates. You can also switch back to showing standard rates at any time after May 15 through your shipping discount settings.

Description: In this episode, Mike and Jen dive into the world of eBay selling, specifically tackling the hot-button topic of best offers. They'll explore the pros and cons of allowing offers on your listings, drawing on insights from experienced sellers within a Facebook group. Is it always bad advice to accept lowball offers? Can you use offers to your advantage? We'll separate myth from fact and help you develop a winning strategy for maximizing your profits on eBay.
Key Points:
The Lowball Offer Debate: Mike presents the argument against best offers, suggesting they lead to lower sales prices.
Facebook Group Wisdom (or lack thereof): Jen shares insights and conflicting advice from an eBay sellers Facebook group.
Seller Strategies: The episode features contrasting approaches to best offers from several experienced sellers. Hear from those who swear by allowing offers, those who prefer setting minimums, and those who avoid offers altogether.
The Buyer's Perspective: Stacey, a frequent buyer, shares her preference for the "Buy Now" option over waiting on auctions.
Tupperware Update: Mike provides an update on his Tupperware flipping project, revealing his total sales, profits, and listing pace.
Links and Resources:
https://www.facebook.com/purehustlepodcast/ (mentioned by Amy as a source for the "offers improve listing" theory)
Ending Tagline:
Alright fellow Pickers, go find your own treasures...one story at a time.
Remember: It's not reselling if you're listening to people on Facebook giving business advice

Can a Beginner REALLY Flip a House? | Reseller Growth & Tupperware Haul (EPISODE ##)
In this episode, flipping experts Mike and Carl tackle a listener question: Can someone with ZERO experience flip a house? Tune in for insights and advice for both beginner and seasoned resellers!
Plus, we reveal the mind-blowing profit on our recent Tupperware haul (spoiler: it's HUGE!)
Test your flipping knowledge with our fun trivia challenge!
This episode also features:
How to expand your reselling business
Valuable tips for mastering the resale market
Hilarious "What Would You Do?" scenario
Don't forget to leave us a review on Apple Podcasts and subscribe on YouTube! ⭐️⭐️⭐️⭐️⭐️
By subscribing, you help us create even more awesome content for YOU!
 
YouTube @ PickersPodcast
 
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#reselling #flipping #tupperware #profit #tips #trivia #entrepreneur

Introduction
Welcome back to the Pickers Podcast! Your hosts, Mike and Jen, discuss the recent changes to eBay's listing policy and how it impacts resellers.
A shoutout to new subscribers on Youtube!
eBay's No Limit Listing Policy: A Double-Edged Sword
eBay's removal of listing limits offers exciting opportunities for sellers to expand their business.
However, increased competition, quality control, inventory management, potential fee hikes, and maintaining seller performance are crucial considerations.
Sellers need a strategic approach to leverage the benefits while mitigating challenges.
Key Takeaways:
Pros: Increased inventory, potential for higher sales volume.
Cons: More competition, potential for lower selling prices due to saturation, stricter seller performance standards.
Tips: Focus on quality control, effective inventory management, and exceptional customer service.
Tupperware Update: A Reselling Success Story
Mike shares a fantastic update on their Tupperware resale project.
Starting with a $1,900 investment, they've achieved a net profit of $3,164.85 after eBay fees.
Over 1,000 Tupperware listings sold with an average profit of $11 per item.
Wrap Up
Remember, fellow pickers, it's not reselling if you're paying insertion fees!
Keep searching for hidden treasures and tune in for more insightful discussions.
Call to Action:
Leave a review on Apple Podcasts!
Subscribe to the channel for more content and support the show through ad revenue.
Social Media Links:
YouTube @Pickerspodcast
Facebook @Pickerspodcast
Instagram @Pickerspodcast
Hashtags:
#ebayselling #reseller #flipping #antiques #picking #thrifting #ecommerce #business #taxes #deductions

Intro: Tax Time
Mike and Jen kick off the episode discussing tax season and the importance of handling taxes properly as eBay sellers.
Mike's Update
Listener KK's feedback is highlighted, expressing appreciation for the show's content.
Jen's Update
Jen shares insights into a significant sales day and the importance of proper tax management.
eBay Tax Filings
Mike discusses his experience using TurboTax, the time investment, and plans to consult a professional next year.
Detailed breakdown of eBay sales, refunds, fees, and shipping expenses.
Discussion on deductions, including eBay fees, promoted listing fees, and shipping labels.
Introduction to basic profit and deduction concepts for eBay businesses.
Common Deductions and Business Expenses
Jen elaborates on common items and deductions applicable to eBay businesses, including home office expenses, utilities, and phone bills.
Mike raises a question regarding using owed taxes to purchase business-related items.
Social Engagement
Call to action for audience engagement, including reviews on Apple Podcasts and YouTube subscriptions.
Tupperware Update
Review of recent Tupperware sales, net profits, and listing statistics.
Tax Trivia
Discussion on deducting pets as business expenses and the limitations set by the IRS.
Examples of frivolous or unreasonable tax deduction attempts.
Ending
Mike and Jen sign off with a tagline encouraging listeners to seek their own treasures responsibly and humorously reflecting on deductible expenses.
Thanks for listening.  If you'd rather watch our show, you can find us at Pickers Podcast over on YouTube
You can follow us on Facebook @pickerspodcast
Or on Instagram @PickersPodcast
 
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Scaling Up Your eBay Business: From Side Hustle to Profit Powerhouse
Podcast Notes:
Intro:
Mike and Jen, hosts of the popular reselling podcast Pickers Podcast, discuss the potential for growth in eBay stores.
Jen, a newer seller, shares her year-long experience.
Scaling Up Your Reselling Business:
Maximize Profit: Focus on items with high margins, even with the same inventory level.
Set Goals & Understand Values: Clearly define your "why" to guide your "how" and "when."
Profit Margins: Average is $10-$30, consider sourcing, listing, shipping, and time commitment.
Lay the Foundation: Ensure financial stability with a budget, emergency fund, and home life balance.
Hiring Employees: Treat your business like a retail store with overhead and freedom.
Baby Steps to Freedom: Trade full-time security for part-time joy & financial independence.
Grow Responsibly: Analyze finances carefully before taking major leap.
Tupperware Case Study:
Cost: $1900, Sold: 240 listings, Net Profit: $2,125.59, Average Profit: $16.78.
Valuable lesson in identifying profitable niches.
Trivia:
Average Inventory: Casual sellers 20, Part-time 50-500, Full-time thousands/tens of thousands.
Outro:
Find your treasures and remember, "it's not reselling if you don't know how big your store can get!"
 
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Instagram: @pickerspodcast
Facebook: @PickersPodcast
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Please check out our website pickerspodcast.com
Email: pickerspodcast@gmail.com Some of the topics covered -Shipping strategies -Reselling -Auctions -Garage Sales -Estate Sales -Ebay