Side Hustle Spotlight #41

Read more to find out how you can start this profitable side hustle today plus tips and tricks to make starting a business easier

Today’s edition of Mindset Monday is brought to you by Elf Labs - Your next Golden Ticket to financial freedom through portfolio investment.

 Welcome Back To Side Hustle Weekly!

I’m excited to share with you another great side hustle you can start today! Today we will be discussing how you can start an eBay reselling business step by step.

Before We Get Started Here’s Your News Recap:

In a significant economic move, President Trump has imposed a 25% tariff on all foreign imports of steel and aluminum to the United States. This decision aims to bolster domestic production but has led to concerns about potential price increases in related industries.

On the environmental front, winter storms are forecasted to impact dozens of states, bringing snow, ice, and rain. Residents are advised to stay updated with local weather reports and exercise caution during travel.

In the business sector, Coca-Cola reported fourth-quarter results that exceeded expectations, leading to a 4% rise in premarket trading. This positive performance is attributed to increased global sales and successful marketing campaigns.

Globally, scientists are utilizing NASA's James Webb Space Telescope to monitor asteroid 2024 YR4, which currently has a 2% chance of impacting Earth in 2032. This marks an increase from the initial 1% probability at the time of its discovery.

In entertainment, Peacock has unveiled its February 2025 lineup, featuring exclusive premieres such as "Piece By Piece" and "Bridget Jones: Mad About the Boy." Subscribers can also look forward to new seasons of popular series and a variety of live sporting events.

In political news, Attorney General Pam Bondi has ordered the dismissal of criminal charges against New York City Mayor Eric Adams, under specific conditions, with a review scheduled after the 2025 mayoral election.

In the tech industry, an investment group led by Elon Musk has proposed a $97.4 billion acquisition of OpenAI. However, OpenAI's CEO, Sam Altman, has declined the offer, emphasizing the organization's commitment to its independent mission.

In sports entertainment, New Japan Pro-Wrestling held 'The New Beginning in Osaka' event, where Hirooki Goto triumphed over Zack Sabre Jr. to claim the IWGP World Heavyweight Championship. The event drew an attendance of 5,502 fans at the Osaka Prefectural Gymnasium.

Lastly, BP announced a strategic overhaul, aiming to "fundamentally reset" its approach in response to evolving energy markets. Despite reporting lower profits, the company is focusing on sustainable initiatives to drive future growth.

Reselling Operation

eBay reselling is one of the easiest and most profitable online businesses you can start with little to no upfront investment. Whether you're flipping thrift store finds, sourcing wholesale products, or selling liquidation goods, eBay provides a massive global marketplace to turn unwanted items into cash. With the right strategy, you can scale this side hustle into a six-figure business. This guide will walk you through starting and growing an eBay reselling business that could make up to $10,000 per month.

Step-by-Step Guide to Starting an eBay Reselling Business

Step 1: Choose Your Niche and Sourcing Method

The first step is deciding what type of products you want to resell. Some categories sell faster and for higher profits than others.

  • Popular eBay Reselling Niches:

    • Electronics: Used phones, laptops, gaming consoles.

    • Vintage & Collectibles: Sports cards, sneakers, retro toys.

    • Clothing & Shoes: High-end brands, vintage fashion, streetwear.

    • Home Goods: Kitchen appliances, tools, furniture.

    • Liquidation & Overstock: Bulk-purchased goods from liquidation sites.

Where to Source Items:

  • Local Thrift Stores – Goodwill, Salvation Army, and local shops.

  • Garage Sales & Estate Sales – Hidden gems at bargain prices.

  • Retail Arbitrage – Buy discounted items at Walmart, Target, or TJ Maxx to resell.

  • Online Marketplaces – Facebook Marketplace, Craigslist, OfferUp.

  • Wholesale & Liquidation Sites – BULQ, Liquidation.com, Alibaba.

Step 2: Set Up Your eBay Seller Account

To start selling, create an eBay seller account:

  1. Sign Up for an eBay Account at ebay.com.

  2. Choose an eBay Store Plan – Start with a free seller account and upgrade as your business grows.

  3. Set Up Payment Methods – Link PayPal or direct deposit for payouts.

  4. Optimize Your Profile – Add a business logo and write a professional bio.

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Step 3: List Items for Sale with Winning Strategies

Your product listings determine whether items sell fast or sit idle. Optimize them for visibility and conversions.

  • Product Photos: Use natural light, take clear pictures, and include multiple angles.

  • Title & Keywords: Example: Instead of “Nike Shoes,” write “Nike Air Max 270 Men’s Size 10 – Black/Red – NEW” for better search results.

  • Detailed Descriptions: Mention the item’s condition, features, brand, size, and any defects.

  • Competitive Pricing: Check “Sold Listings” on eBay to see what similar items sell for.

  • Best Offer Option: Enable offers to encourage buyers to negotiate and buy faster.

Step 4: Ship Items Efficiently

Fast and reliable shipping improves customer satisfaction and boosts your seller rating.

  • Shipping Tips:

    • Offer Free Shipping to attract more buyers.

    • Use eBay’s Discounted Shipping Labels to save on USPS, FedEx, or UPS.

    • Invest in Packing Supplies: Bubble mailers, shipping tape, and a label printer.

    • Offer International Shipping for higher profit margins.

Step 5: Scale Your Business to $10K+ Per Month

Once you’ve mastered the basics, scale your eBay business to reach higher earnings.

  • List More Items – Aim for at least 100-300 active listings at all times.

  • Expand Product Categories – Sell in multiple niches to attract more buyers.

  • Source in Bulk – Buy wholesale pallets or liquidation stock for larger profit margins.

  • Offer Promotions – Run sales, bundle deals, or discounts to drive traffic.

  • Automate Listings – Use software like List Perfectly or Vendoo to cross-list products on multiple platforms.

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Potential Monthly Earnings

Your earnings depend on how many items you sell and at what price. Here’s an example breakdown:

  • Beginner (Part-Time Reseller): 50 items/month @ $20 profit = $1,000/month

  • Intermediate (Scaling Up): 150 items/month @ $30 profit = $4,500/month

  • Full-Time (6-Figure Potential): 300+ items/month @ $35 profit = $10,500/month

With bulk sourcing, optimized listings, and automation, hitting $10K+ per month is achievable.

Pros and Cons of eBay Reselling

Pros:

✅ Low Startup Cost – You can start with items you already own.
✅ Scalable Business Model – The more you list, the more you make.
✅ No Need for a Website – Use eBay’s platform for free traffic.
✅ Work from Anywhere – Flexible business model, no office needed.
✅ Consistent Income Stream – Recurring buyers, bulk deals, and repeat customers.

Cons:

❌ Time-Consuming – Listing, packing, and shipping take time.
❌ Market Fluctuations – Trends change, affecting what sells best.
❌ Platform Fees – eBay takes a percentage of each sale.
❌ Returns & Refunds – Some customers will return items, affecting profits.

Requirements to Start Your eBay Reselling Business

✅ eBay Seller Account – Free to create.
✅ Smartphone or Camera – For taking high-quality listing photos.
✅ Shipping Supplies – Bubble wrap, boxes, tape, and a scale.
✅ Basic Marketing Skills – Optimize listings, SEO, and pricing strategies.
✅ Initial Inventory – Start with at least 10-20 items to test sales.

Suggested Products to Maximize Results

  1. Thermal Label Printer – Saves time on shipping labels (e.g., Rollo or Dymo).

  2. Digital Scale – Accurately weigh packages to avoid shipping overcharges.

  3. High-Quality Camera – Better listing photos mean more sales.

  4. Bulk Shipping Supplies – Buy in bulk for cost savings.

  5. Reseller Software – Use AutoDS, Vendoo, or List Perfectly for automation.

Summary: Key Steps to Start & Grow Your eBay Reselling Business

  1. Choose a Profitable Niche – Focus on trending products.

  2. Source Items Cheaply – Use thrift stores, liquidation, and retail arbitrage.

  3. Create High-Quality Listings – Optimize photos, descriptions, and pricing.

  4. Ship Fast & Efficiently – Provide excellent customer service.

  5. Scale to $10K+ Monthly – Increase inventory, automate processes, and offer bulk deals.

Conclusion

Starting an eBay reselling business is one of the fastest ways to generate significant income with minimal startup costs. By sourcing smart, optimizing listings, and scaling operations, you can turn this into a $10,000+ per month business. Whether you’re looking for a side hustle or a full-time income, eBay reselling is a profitable and flexible opportunity. Start flipping today and turn unwanted items into cash! 💰🚀

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That’s A Wrap

I hope you enjoyed today’s post and if you have any questions about the post, upcoming posts, how to advertise, or anything else, feel free to reply.

A Special Thanks To Our Sponsor Of Today’s Edition - Elf Labs

See you next time with another money-making post, helping you boost your income!

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Disclaimer

Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.

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