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- She earns $25k/month reselling thrift store items online 👚
She earns $25k/month reselling thrift store items online 👚
Welcome to a fresh edition of eBiz Insider, my free newsletter packed with tips, insights and opportunities to build your online business.
Today...
$25K/Month Reselling Thrift Store Items Online
Running A Lead Gen Agency From an RV
He Used ChatGPT to Build a $6000/Month Business
Tokenized Himself For $20,000
If You Want To Look Good…
This Old Writing Trick Helped Build a $27 Million Business
$259,258.99 Selling Colors Online
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$25K/Month Reselling Thrift Store Items Online
Cayley Elaine is a reseller who recently shared a video on how she earned $7473 in one week 🤑
She basically sources secondhand clothing and accessories – usually from thrift stores – then resells them on her eBay and Poshmark stores.
Cayley shares her journey via her weekly "What Sold" videos on YouTube, which give an inside look at her sales from the previous week.
Looking at her videos from the past few months, she's consistently reporting revenues of $5000 to $8000 each week 💰
Of the $7473 in revenue in the video mentioned above, Cayley's gross profit was $4874 (65%).
She says in the video…
eBay and Poshmark, those are my two main platforms. I just love tracking my sales every single week to see if what I'm doing is working or maybe not working and where to pivot.
It sounds like she has a team of 2-3 people helping her out.
Cayley emphasizes finding and listing items that have high sales rates or items with a higher average selling price. I assume she does some pre-thrift store shopping research to find out what sells and what doesn’t 👀
Another video from Cayley…
There you can see what the day-to-day of a resale business looks like.
While what sells can vary regionally, from what Cayley shares in her video the best categories/brands seem to be…
Women's athleisure and vintage – from Lululemon, Johnny Was.
Men's basics and athletic wear – from Faherty, Howler Bros.
Outerwear like blazers and down puffers – from J.Crew, Columbia.
Handbags – from Kate Spade.
The key here seems to be capitalizing on seasonal trends, knowing your niche vintage brands, and sticking to best-selling basics from top performing brands.
Summarizing some other tips Cayley shares in the first video 👇
Optimize titles and keywords – include fabric, style details, etc.
Source across categories – don't just stick to womens clothing, also look at mens, kids, outerwear, bags, etc.
Focus on seasonal trends – for fall/winter she sells a lot of cashmere, corduroy, denim, puffer jackets.
Get to know niche and vintage brands – brands like Johnny Was, Lip Service, Aviator Nation can sell well.
Learn which styles and fabrics sell best – e.g. joggers, thermal henleys, full button skirts.
Increase average sale price – source for higher priced brands, fabrics, styles.
Examine sales data – track what brands and items sell best for you.
Running A Lead Gen Agency From an RV
Today's email is brought to you by Local Marketing Vault.
That's our top-rated lead generation training 🤩
One reviewer writes…
I took December 2018 to watch the videos and started actively prospecting for clients in January 2019…
I have been earning a full-time income since May 2019 and have been building my business ever since. I live and run my agency full-time in my RV, traveling across the U.S. That would not be possible without Local Marketing Vault, Jason & James, and the incredible community they built.
If you'd like to build something similar, check out their free masterclass video 👈
He Used ChatGPT to Build a $6000/Month Business
Pete McPherson is the founder of DYEB (Do You Even Blog), where he teaches blogging via courses, YouTube and a podcast.
He recently tweeted a screenshot showing $6,039.49 in monthly recurring revenue 📈
Pete's words with that screenshot…
Built and launched a Saas product by my lonesome.
I'm not a developer.
His software as a service (SaaS) product is FABB, described as "an end-to-end AI machine for bulk blogging" 🤖
Pete goes on to explain how he built it…
1 - I DO have HTML/CSS experience from years of using WordPress.
2 - I started back in March, going through @thenetninjauk's React course and building an app alongside it. It took 2 months and was a huge, huge, huge pain in the ass. I learned a TON.
3 - I spent a few weeks cleaning that app, marketing it to the email list, etc.
4 - I started work on FABB (the "real" app idea I've had since Jan), and chose SvelteKit + Firebase because of a 100-second YouTube video.
5 - I went through the course, building my app as I went along.
THEN I USED CHATGPT to fill in the blanks of code.
Yes, it started off super rough, and wouldn't work 80% of the time.
But I kept at it, and after a few weeks I hardly needed AI at all to implement changes.
Several months back, Pete published this video 👇
Looks like that's the app he was referring to in Step 2 above.
💬 At the start of the video he says…
If you wanted to code an app, a Chrome extension, a WordPress plugin, a mobile app, anything… whether you're a developer or not, I have some notes on how you could get started
Later he shows all the code for that app and notes…
I can't really tell you a whole lot about how some of this stuff works. But honest to goodness, like 98% of this was done with ChatGPT and the other 2% was me Googling and figuring out how to do stuff
Pretty amazing how Pete went from essentially no backend coding knowledge to single-handedly building a SaaS that earns him $6000/month… all in the space of ~7 months 🤯
Of course, Pete did have an audience built up to market his SaaS to. Without that, it surely would have taken him much longer to hit $6K/month in revenue.
Still, if you have an idea for an app yourself, fire up ChatGPT and see what it can do 💪
Tokenized Himself For $20,000
🗂 From the archive, published July 2021…
That’s 23-year old Frenchman Alex Masmej 🇫🇷
Last year I “tokenized” myself, meaning I created a tradeable cryptocurrency whose ticker, utility, and goal centered on me.
I raised $20,000 in just four days…
$ALEX was funded by patrons who would receive 15 percent of my income over the next three years
Whenever I hear a story like this, I say to myself… hmm, I bet he’d previously built up some significant social capital.
And sure enough, Alex had 😎
He had been active in the Ethereum community, amassed more than 17,000 followers on Twitter, and was a speaker at an Ethereum conference in Paris (where he first announced his private token).
A recent tweet that sums up the importance of building an audience…
When you have already built a product, it is TOUGH to find the right audience.
When you have already built an audience, it is EASY to figure out the right product.
If You Want To Look Good…
I'm a big basketball fan so I'm all distracted this week with the new NBA season underway 🏀
One of the big stories is 7-time All-Star Damian Lillard moving on from the Portland Trail Blazers and now playing for the Milwaukee Bucks.
There's a great quote from Lillard posted years ago on Twitter 👇
If you want to look good in front of thousands, you have to outwork thousands in front of nobody.
Same is true in business.
Every time you see a story in here about someone earning $1000's per month working online, remember that, to get there, they likely worked their ass off for a long time with no publicity or fanfare.
💬 Also, Lillard's quote reminds me of another…
Hard choices, easy life. Easy choices, hard life.
That's from Jerzy Gregorek, a four-time world champion in Olympic weightlifting 💪
You can hear more about him from the 10:30 mark of this TED Talk by Tim Ferriss.
This Old Writing Trick Helped Build a $27 Million Business
Sam Parr is the founder of The Hustle, a tech and business newsletter started in 2014 and was acquired for an estimated $27M in 2021 💰
In a recent interview, Sam credits an old practice called "copywork" for helping him develop his writing skills…
I believe in copywork. That's how I learned how to write.
The method is simple: copy the writing of others by hand ✍️
This technique was commonly used to teach children how to write up until the early 1900s.
Sam says…
I could even teach you not to read music and I could just be like, "Look, copy me. Do exactly this."
[At first] you play Jingle Bells then… Happy Birthday and then… a more complicated song. But you're copying other people's work. And then you're like, "All right, I want to learn Rock n Roll” …
In my opinion, [this is] also the best way to learn how to write… I spent months just locked in a room doing this thing called copyhour. For an hour or two a day, I would just take the best sales letters of all time and I would copy it by hand.
If you'd like to try this yourself, Swiped has 200+ classic print ads that you can view for free 👀
Sam goes on to emphasize…
And you have to [copy the ads] with a pen and paper…. I do it with pen and paper, and then I would learn the texture of the writing.
Sam believes that’s how you create your style of writing and develop your own voice. Copy, learn, and find patterns 🧐
Even though Sam is a highly-skilled copywriter by now, he still returns to this practice occasionally…
I still do it right before I got to write something… I'll take a book that I like and I'll just spend like just ten minutes [copying it].
You could also try something like this to improve skills other than writing.
For example, if you're learning web design, you could try to recreate a homepage you really like.
Or if you want to become a YouTuber, you could try recreating some classic videos by YouTubers you admire 👍
$259,258.99 Selling Colors Online
🗂 From the archive, published October 2022…
Zeno Rocha is the creator of Dracula, a dark theme for 250+ coding apps.
He launched the project in January 2020 and published this post just over a year later: How I made $101,578.04 selling colors online
Dracula has an open dashboard, and you can see there that the PRO version has now racked up a total of $259,258.99 in sales 💰
Seems a big part of Zeno’s success has been building in public…
Every milestone was shared publicly. Regardless of how big or small, I started to create a habit of publishing quick wins… One day one of my tweets went viral. That caused a huge spike in traffic and sales.
I’m guessing this is his tweet that went viral, from April 2020: From $0 to $20,145.92 in 2 months with a side project
That’s a great example of leveraging one win to achieve the next.
Any time you have some success in your business – eg. your first $100, a new revenue milestone, an awesome client testimonial – consider sharing and celebrating that win publicly, and see what more may come of it.
…
Thanks to Fardeen Khan for helping me write and research today's newsletter.
Hasta la próxima, rock on with your legendary self 💪
Niall Doherty – Canillo, Andorra
eBiz Facts (follow on twitter)
P.S. Check out this free masterclass from Local Marketing Vault: How Tiny Two Page Websites Make Us $40,000/Month 💰
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