Ready to Resell

By: Leah Hess
  • Summary

  • Welcome to Ready to Resell, the ultimate destination for anyone looking to unlock the secrets of successful reselling! If you’ve ever wondered how savvy entrepreneurs turn a profit by buying and selling, you’re in the right place. In each episode, we dive deep into the dynamic world of reselling, providing you with valuable insights, expert interviews, and practical tips to kickstart or enhance your reselling journey. Whether you’re a seasoned pro or just starting out, our goal is to empower you with the knowledge and strategies needed to thrive in the reselling game. Join your hosts Leah and Kayla, two reselling enthusiast with a passion for uncovering the strategies that make reselling a lucrative venture. From sourcing the hottest products to mastering online marketplaces, we cover it all. And with more than 25 years of combined experience, we have seen and done it all! Expect to gain a deeper understanding of market trends, pricing strategies, and the tools of the trade that can elevate your reselling game. We explore platforms like eBay, Poshmark, Mercari, and other emerging marketplaces, keeping you up-to-date with the latest trends and technologies that can give you a competitive edge. Whether you’re reselling as a side hustle or aiming to build a full-time business, our podcast is your go-to resource for actionable advice and inspiration. Subscribe now and embark on a journey of financial independence through the art of reselling. Get ready to turn thrift store finds, online bargains, and overlooked treasures into profitable ventures. Are you ready to turn your passion for reselling into a thriving business? Tune in to Ready to Resell and let the reselling revolution begin!
    Copyright 2023 All rights reserved.
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Episodes
  • Loss Leader Strategy: How Free Giveaways Can Boost Your Poshmark Profits
    Nov 23 2024

    Ready to take your Poshmark business to the next level? In this episode of Ready to Resell, Leah and Kayla dive deep into the psychology of loss leaders - a powerful pricing strategy used by major retailers that you can adapt for your Closet. Learn how strategically pricing certain items below market value can attract buyers and increase your overall sales. Plus, discover the brand new Poshmark giveaway system that's helping sellers build loyal followings and drive consistent engagement. We'll share real examples, common pitfalls to avoid, and a step-by-step framework for implementing these strategies in your own business. Whether you're a new seller or a seasoned Poshmark veteran, this episode will give you actionable tactics to grow your sales while building a stronger community of repeat buyers.

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    21 mins
  • Staying Safe on Facebook Marketplace - A Guide for Buyers and Sellers
    Nov 12 2024

    Are you buying and selling on Facebook Marketplace but worried about getting scammed? In this essential episode, we break down the most common marketplace scams and share battle-tested strategies to protect yourself online. Whether you're a seasoned reseller or just getting started, you'll learn:

    • Red flags that signal a potential scammer (hint: if it sounds too good to be true...)
    • Best practices for safe meetups and transactions
    • How to verify legitimate buyers and sellers
    • Common tactics scammers use to manipulate payment apps

    Join our hosts Leah and Kayla as they share real stories about close calls and lessons learned Don't miss our actionable checklist for every marketplace transaction. Your safety matters - tune in to protect yourself and your wallet while buying and selling with confidence.

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    20 mins
  • How Knowing Your Numbers Equals More Profit for Resellers
    Nov 4 2024

    Here we go again - Leah and Kayla tackle the 3rd (and final) episode of Poshmark Analytics. As you can see, this is a HUGELY important topic to understand in order to grow your reselling business!

    By analyzing data, resellers can identify their best-selling products, understand buyer behavior, optimize pricing, and make data-driven decisions to grow their online businesses. They can spot seasonal trends, understand which marketing tactics are working, and find opportunities to improve the customer experience.

    Some of the key order insights you can gather from Poshmark analytics include:

    • Total orders received
    • Order volume by day, week, or month
    • Average order value
    • Conversion rate (percentage of visits that result in a sale)
    • Top selling items
    • Buyer demographics like location, age, and purchase history

    Looking at sales insights, Poshmark provides data on:

    • Total sales revenue
    • Sales trends over time
    • Inventory performance, including sell-through rates
    • Pricing and markdown analytics to optimize your listing prices
    • Shipping and fulfillment metrics like average fulfillment time

    Tune in to learn and grow your online reselling business!

    Happy Reselling! ☺️

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    New To Whatnot? Sign up now to save $15 on your first order! https://whatnot.com/invite/bininapp

    Want to start selling on Whatnot? Sign up here to get a faster referral to become a seller! https://www.whatnot.com/invite/seller/bininapp

    New to Mercari? Get up to $30 when you get started. Use code AXNDUB when you sign up with my link: https://merc.li/a3dDcqTJb

    #ReadytoResell #Poshmark #Ebay #Mercari #Facebook #Whatnot #ResellingLife #InventoryManagement #Binin #reseller #momtrepreneur

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    24 mins

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