I haven't written anything about my Ebay business for some time. I hope the things I have learned will help people in general, not just Ebay.
For starters, I have learned a lot from the video I linked below, and I have reevaluated my sales strategy because of it. I encourage everyone to watch it, it's quite good (and Dan Lok seems to be a good source of information, just be careful, there is a lot of blue pill crap as well).
https://www.youtube.com/watch?v=F2uj9eApGXI&t=42s
(I'm using Brave, so I can't embed videos).
In that video, basically, he divides clients into four types:
1. CHEAP CUSTOMERS - they are primarily concerned about price and, what is even worse, they are very, very demanding. No matter what you do, they will not give you any extra cash. Fortunately, I haven't met many of them, and I don't intend to.
2. DIFFICULT CUSTOMERS - as Dan says "they are not necessary cheap...they are just difficult. If you had a bad day, the'll try to make it worse." They use you as an emotional tampon for their bad emotions.
3. SOPHISTICATED CUSTOMERS - they not only have money, they have knowledge. They usually know what are they after and they have done their research. Thus, they'll ask very specific questions - they vary from item to item. The more you know, the better!
4. AFFLUENT CUSTOMERS - those guys buy on feelings. They don't care about the price - because they have money. If they like something, they will buy that, no questions asked. Your job is not to screw up, plain and simple. Yes, just like a Good Looking Guy Game.
Now, because I want to attract the last two types, I have sold out most of my less expensive products. Gradually, I am replacing them with high fashion stuff. Think Armani, Prada, Brunello Cucinelli... . Stuff that only sophisticated affluent customers can get. Granted, my sales dropped, because not many people have a $1000 in their pocket. Selling a $300 item is one thing, while selling a $1000 is completely another!
Again, because of that, my sales dropped, but margins have increased. I prefer it that way, because it's less work, but bigger profit margins - read, I earn more money.
I am gradually starting to sell women's clothing (very expensive, mind you). I was unsure about that before, but I have been thinking - if many women today have sugar daddies (thank you FB, IG and POF, I love you!), that means that they want them (sugar daddies) to buy them the best stuff designers can offer. Ladies... good old Irenicus will help you...for a price (I only accept money - my current supply of pussy is more than adequate, so I don't accept that currency).
I am also planning to start selling on Instagram. Once I get a little bit more of muscle (almost there, 1kg to go), I'll start modeling some of my jackets. In addition to that, I have to
learn how to be a model. Yes, I am good looking and and have a good camera (Huawei P10 FTW!),
but I don't know how to model without devolving into a soy boy (which most models are). If someone knows a good source of information, please contact me.
Programming is going well, so hopefully, in a year or so, I'll be able to join the IT workforce.