All I want is $1000.00 a month.

All I really want is $1000.00 a month extra past what I earn at my day job.  This is my current goal.  At the beginning of 2016 when I started this I thought it was never going to happen.  eBay was the platform of choice to start out with.  In the middle of quarter 2 I started with Amazon.  My second month on Amazon I kinda changed my business model.

My original business goal was to sell on eBay and have the sales generate income to buy more items and pay for shipping supplies.  It was to be self sustaining.  It took about 4-5 months to happen.

eBay is hit and miss for selling.  For used stuff it is great.  It is the online yard sale and has been for years.  Not that it is not great for new stuff.  The first part of my adventure into reselling was with garage sales and thrift stores.  Looking up sold listings on eBay.  Made some killer profit on some items.  But honestly it was not consistent.  Nowadays I use it for selling my huge Star Wars action figure collection.  And let me tell you what that is good.  Right now it is my default niche. Along the way I learned you have to research a lot.  You cannot just go to yard sales, buy things, get money and ship it.  You have to have a real plan.  You need to research yard sales with craiglist or a smartphone app to find the best sales.  You need to know the products, you need to find several things you are good at.  You cannot just buy stuff and expect it to sell.

You must research, enter YouTube...  There are endless amount of resellers on this site.  Some are crap, some are excellent and want to help.  Here is a short list of those people, the helpful ones:

• Golden Finger Picker
• Bonafide Hustler
• Raiken Profit
• Book Bandit
• Reezy Resells
• Harts Pickers
• Craigslist Hunter

This is just a short list.  Avoid people who just are full of hype and want to sell you stuff.  The above listed have great information.  They offer it freely to help others out.  Some are part of paid FaceBook groups like "The Green Room" and others have free groups like "The Reseller Society".  Both have helpful and friendly people.

So what have the past 31 days on eBay been like?

Not great but better than nothing.

You only get out of eBay of what you put into eBay, I am paraphrasing what the Golden Finger picker constantly says.  If you don't list a lot don't expect a lot.  List stuff people won't buy, don't expect sales.

So eBay earned me some capital.  Do I invest in more thrift store and garage sales items or do something else.  Enter Amazon FBA, fulfilled by Amazon.  I decided to change my business plan.  Sell on eBay and use the capital to sell on Amazon FBA.

What is Amazon FBA.  Basically you purchase a product, ship to Amazon then they list it on their site, collect the money and ship it.  Amazon FBA fees are higher than eBay but there is a trade off.

Pros:

• Items are stored at a Amazon warehouse.
• Items are listed on Amazons site and can be sent next day by Amazon Prime.
• Sales rank can indicate how fast and when an item can sell.
• Third party seller apps can help with buying decisions.  FBA Scan... 
• Don't have to make daily trips to the post office.
• Don't need a lot of shipping supplies.

Cons:

• Fees are higher.  Expect to make about 1/3rd profit of the final sale on average.
• Getting paid every two weeks, like a paycheck.
• Sometimes having to ship to multiple warehouses.
• Professional account costs $40 a month.
• Third party seller apps are $10-40 a month, maybe higher.
• Repricing by other sellers can create a "race to the bottom" 

In the end I like Amazon FBA.

This is my past 30 days.  It has been outta sight.  I take all my eBay profits and spend them on retail arbitage for Amazon FBA.  Do yourself a favor and get FBA Scan for your smart phone.  It makes getting up to speed on FBA really quick.