In this video I share with you 11 things that have changed in the reselling business over the last 4 years. If you are selling on eBay and or selling on Amazon FBA you will want to watch this video in full.
11 Things That Changed In The Reselling Industry Over The Last 4 Years
1.) Evolution of the scanner and smart phones ( Apps, software, speed & efficiencies especially with Amazon )
2.) Competition has increased significantly. Why? The internet ( Facebook, YouTube, TV Shows, Economy, ease of selling – FBA )
3. ) Brand restrictions on Amazon have increased ALOT!
4.) Prices at thrift store’s have increased a ton
5. ) The importance of niching down and building your skill set has become necessary for survival in the reselling game. With the increase of competition knowing things that others don’t and or building businesses in fields such as wholesale, PL have been very popular. 6.) PREP CENTERS – Scaling your businesses has become even easier with the introduction to prep centers ( Prime zero prep )
7.) The slow death of Retail Arbitrage…. ( For new sellers ) 8.) Information OVERLOAD on YouTube ( The community
9.) The eBay APP – Super easy to list on eBay now!
10.) The book market in particular is being squeezed on Amazon FBA ( Higher fees, LTSF )
11. ) From falling in LOVE with Amazon to going back with your X (eBay )