EP 397 - Surviving the Summer Slump: Essential Tips for Resellers

Pure Hustle Podcast

Entrepreneurship, Business, Business:entrepreneurship

4.8 • 824 Ratings

🗓️ 8 May 2024

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to Episode 397, where we dive into preparing for the unpredictable summer reselling season amidst economic uncertainties. From inflation to higher unemployment rates, the forecast seems grim, but there are strategies to ensure you stay successful. We analyze the current state of the economy, share words from the eBay CEO, and discuss how many resellers still find success even in the summer slowdown. Join the Discord and Partner with us via Patreon:https://www.patreon.com/purehustlepodcast Sign Up with MY RESLLER GENIE with 15% off your first month for the best bookkeeping geared for resellers by using the link below and USE OUR CODE “PUREHUSTLE” all in caps: https://www.myresellergenie.com/?ref=purehustle Get a free $15 on Whatnot by using the link below: https://whatnot.com/invite/purehustlepodcast Get that Skullshaver using the link below and our code "Hustle": https://skullshaver.com/discount/Hustle?rfsn=6980222.2cfe107&utm_source=refersion&utm_medium=affiliate&utm_campaign=6980222.2cfe107 Purchase bubble wrap from the best deal available ANYWHERE: https://www.americanbubbleboy.com?sca_ref=650095.KTEipe5MI4&sca_source=YouTube

Transcript

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0:00.0	Welcome to Pure Russell podcast. I'm Mike. And this Orlando and Warren episode
0:11.4	397. And this is the themed episode. Yeah, 397 episodes in. We are closing in on that 400. And, you know, just after 400, we're going to be
0:25.4	into the summertime, right? Right after we hit episode 400, I feel like we're going to be like right in
0:30.2	the swing of what would be reseller summer. And so today we're going to be talking about that.
0:35.2	How do we get prepared for the summer? Because the
0:38.3	summer brings with it different challenges, different opportunities. Everyone's always excited for
0:44.0	Q4. Q4 is a great time. Q1 can always be a little bit iffy. You know, you got returnuary and,
0:51.5	you know, all of the dip in sales coming out of Q4.
0:54.9	But summer could be a really good time for a lot of people, but it also brings with
0:58.5	its own challenges.
0:59.6	So we want to kind of go through what to expect, what we're kind of forecasting for
1:04.5	this summer as resellers, ways to kind of adjust what we're doing to ensure that we're
1:09.2	staying as profitable as possible.
1:12.1	It kind of cracks me up because you are so like rainbows and things are going to be great.
1:18.6	And I'm going to come with the realness.
1:21.2	Wait, wait, you're saying that what I have isn't real?
1:24.4	No, I'm saying it's real.
1:25.8	I mean, listen, the reality with reselling is that everybody
1:29.5	has a different experience, right? But so I wanted to just talk about preparing for summer.
1:34.6	I would say for the good and for the worst case scenario. Because this summer, I think, is going to be
1:40.3	different in the sense that there's, we don't know what's going to happen.
1:45.7	What I can tell you is, you know, the last few years, you know, Mike and I have done so many
	...

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