Ep 432: Sales Drop and Scams Rise for Resellers

Pure Hustle Podcast

Entrepreneurship, Business, Business:entrepreneurship

4.8 • 824 Ratings

🗓️ 9 January 2025

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

"In this update episode of Pure Hustle Podcast, Mike and Orlando dive into the latest reselling stories and trends. They discuss their recent experiences at estate sales, listing high-ticket items, and the challenges of post-Q4 sales dips. Key topics include the Smishing scam targeting resellers, eBay’s new buyer fees in the UK, changes in Amazon’s reimbursement policy, and Costco’s shift in book selling. Plus, hear about why January is a prime time to hit the thrift stores! 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 Pearsal podcast. I'm Mike. And this is Orlando and we're in episode 432. And this is a live
0:12.0	episode. Not alive, sorry. This is an update episode. So used to going live. We've done so many lives lately.
0:17.7	We had back-to-back live like podcast podcast episodes, like full, like longer form podcast,
0:24.6	not just the little mini episodes that we normally do.
0:28.0	So yeah, that's a little confusing.
0:29.3	But we're kind of out of the holiday season now.
0:31.2	And so we're in it.
0:33.5	We are in 2025 now.
0:35.5	And so this is our first update of this new year. Kind of exciting to talk about what's going on already in the reselling world. So we'll be talking about what we're doing, reselling. What's going on just in general newswise reselling. And then also we will be, you know, giving you those spicy bolos, those things that you should be on the lookout for when you're at garage sales, thrift stores, estate sales, all the places that you might be sourcing.
1:00.2	What should you be keeping an eye out for? And I love when we get comments from our listeners, whether it's in Facebook or on the Discord or on Instagram or an email or something where people tell us, hey, I got this major score because of a
1:13.8	Bolo from an earlier episode. Like you guys talked about X, Y, or Z. I found it when I was at an estate
1:19.3	sale and I sold it and made good money. So make sure you stick around, listen to the episode,
1:23.6	because there are some valuable tips for you. So, Orlando, how are, how are things going for you in this new year of the 2025?
1:32.6	Well, they're good.
1:34.4	They're good.
1:34.9	I mean, sales are consistent, but I did see the noticeable dip after the anymore.
1:40.2	It's like some magical switch got turned off like right after New Year's Day.
1:44.6	So up until the New Year's Day, things were golden and then just a drop.
1:49.7	Like I would say probably like a 50% drop instantly.
1:54.3	And yeah, sales are still coming through.
1:55.6	I'm not complaining.
1:56.4	I know a lot of people, you know, if I even say that things are a little bit slower,
	...

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