How To - Calculate PROFITS When Buying Liquidation to Sell on eBay - How to Know If You MAKE MONEY
How do you calculate profits when you are purchasing liquidation for reselling online? Whether you are selling on ebay, amazon, mercari, poshmark or facebook marketplace YOU MUST KNOW how to calculate expected profits BEFORE you make the liquidation purchase. It is so easy to overspend on inventory and end up in the red instead of in the green. Let's talk about how I like to calculate profits on liquidation purchases to make sure I will be making money in my home business. Code Reset August 1st! $25 OFF WITH CODE: LINDEY25 https://wholesaleninjas.com/discount/LINDEY25 Beat the eBay algorithm video: https://youtu.be/RXQuSe5naq8 How to Profit Selling $5 Free Shipping: https://youtu.be/2l8VFxJQg04 How to Make $1000 per month on facebook marketplace: https://youtu.be/tCrp95ewrH0 Listing & Storing 6000 cosmetics: https://youtu.be/rs606mOCfFs Calculations referenced in this video: MANIFESTED FORMULA: Estimated Retail Value - 50% - 38% - Cost of the Lot/Pallet = Profit (example) $10,000 value - 50% = $5000 $5000 - 38%($1900) = $3100 $3100 - $1500(cost of goods) = $1600 estimated profit UN-MANIFESTED FORMULA: Cost of Goods x3 - 38% - Cost of Goods = Profit (example) $1500(cost of goods) x3 = $4500 $4500 - 38%($1710) = $2790 $2790 - $1500(cost of goods) = $1290 estimated profit Do you want to learn how to make money from home working online? Make sure to subscribe and follow my journey as I grow my e-commerce business by selling on eBay! I'll share all of my tips and tricks to help you grow as well. Making money from home has always been a dream for me and I know it could be a dream for you too. I'd love it if you joined me! Thank you to Wholesale Ninjas for sponsoring this video. All of the opinions on products are mine. I only recommend products and services that I believe to be beneficial to my viewers and my reviews are always honest and true. I am disclosing this in accordance with the Federal Trade Commission guidelines concerning use of endorsements and testimonials in advertising. Boosting your Sales on eBay: https://youtu.be/QZN2dve2J6c LIQUIDATION UNBOXING PLAYLIST: http://bit.ly/2UY7xki WHAT SELLS ON EBAY PLAYLIST: http://bit.ly/2RRYQcl SHIPPING VIDEOS PLAYLIST: http://bit.ly/34m6u1a Find My Stores! My eBay store link (PLEASE DO NOT Message via eBay unless it has to do with making a purchase on eBay): https://ebay.us/D84jIk Instagram: @lindeyglenn Mercari: @lindeyglenn or search #lindeyglenn Poshmark: @lindeyglenn BUSINESS INQUIRIES ONLY: LindeyLouTube@gmail.com Want to Help Support My Youtube Channel? paypal.me/LindeyGlenn PRODUCTS I RECOMMEND ALL THE TIME! --- Product Sourcing 101 Liquidation Guide: https://www.e-junkie.com/ecom/gb.php?ii=980089&cl=180627&c=ib&aff=368723 The Blue Shield Glasses that SAVED MY EYEBALLS! https://amzn.to/2QaObtF Scotch Flex & Seal Shipping Roll: https://amzn.to/2RQZAyD FREE STUFF & COUPON CODES! TWO FREE Audiobooks when you use my link: https://amzn.to/2AA9Hi6 Get a FREE Amazon Business Account HERE! https://amzn.to/2rM1N3I Get Amazon Prime for half the price HERE (income limits to qualify) https://amzn.to/38FdTfJ Get $10 on Mercari when you sign up at https://merc.li/5fYrbub Poshmark $5.00 Referral Code: LINDEYGLENN SUPPLIES I PERSONALLY USE EVERY DAY TO RUN MY BUSINESS www.amazon.com/shop/lindeyglenn Scotch Flex & Seal Shipping Roll: https://amzn.to/2RQZAyD Bubble Wrap: https://amzn.to/2LUkCbP Sticky Shipping Labels: https://amzn.to/2lNIiVx My 50 lb scale: https://amzn.to/2mFFxFL My 6x4x3 Boxes: https://amzn.to/2ldcMjt My 8x6x4 Boxes: https://amzn.to/2niYIFM Cheap Small Bubble Mailers: https://amzn.to/2mK0zD9 Packaging Paper: https://amzn.to/2l68Q3M Packaging Paper in Bulk: https://amzn.to/2nexPm9 Air Pillows: https://amzn.to/2mFHulz Heavy Duty Packing Tape: https://amzn.to/2RYmjZo eBay branded shipping supply center: https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338071427&mpre=https%3A%2F%2Fwww.ebay.com%2Fstr%2Febayshippingsupplies Best eBay Supplier for All Supplies: http://rover.ebay.com/rover/1/711-53200-19255-0/1?ff3=4&pub=5575289263&toolid=10001&campid=5338071427&customid=&mpre=https%3A%2F%2Fwww.ebay.com%2Fusr%2Fupaknship%3F_trksid%3Dp2047675.l2559 My Laser Printer: https://amzn.to/35nmcuz Where My Photo Backgrounds came from: https://youtu.be/7ypKf13HKxc My EPIC Ring Light Kit: https://amzn.to/36Bp72Y All in One Photography Light Box: https://amzn.to/34n40Ql Best Lighting Kit: http://amzn.to/2qeSvXt Brightest Bulbs for Lighting Kits: https://amzn.to/2LWr2ae White Photo Paper Roll: https://amzn.to/38AujWy My Webcam: https://amzn.to/35ysNlG My Camera: https://amzn.to/2Ek3EPL My Favorite Camera Tripod: http://amzn.to/2oJIJeP #lindeyglenn #ebayseller #workfromhomemom ***Most Links you find here are affiliate and I receive a small commission off of each sale. I appreciate your support!***
How do you calculate profits when you are purchasing liquidation for reselling online? Whether you are selling on ebay, amazon, mercari, poshmark or facebook marketplace YOU MUST KNOW how to calculate expected profits BEFORE you make the liquidation purchase. It is so easy to overspend on inventory and end up in the red instead of in the green. Let's talk about how I like to calculate profits on liquidation purchases to make sure I will be making money in my home business. Code Reset August 1st! $25 OFF WITH CODE: LINDEY25 https://wholesaleninjas.com/discount/LINDEY25 Beat the eBay algorithm video: https://youtu.be/RXQuSe5naq8 How to Profit Selling $5 Free Shipping: https://youtu.be/2l8VFxJQg04 How to Make $1000 per month on facebook marketplace: https://youtu.be/tCrp95ewrH0 Listing & Storing 6000 cosmetics: https://youtu.be/rs606mOCfFs Calculations referenced in this video: MANIFESTED FORMULA: Estimated Retail Value - 50% - 38% - Cost of the Lot/Pallet = Profit (example) $10,000 value - 50% = $5000 $5000 - 38%($1900) = $3100 $3100 - $1500(cost of goods) = $1600 estimated profit UN-MANIFESTED FORMULA: Cost of Goods x3 - 38% - Cost of Goods = Profit (example) $1500(cost of goods) x3 = $4500 $4500 - 38%($1710) = $2790 $2790 - $1500(cost of goods) = $1290 estimated profit Do you want to learn how to make money from home working online? Make sure to subscribe and follow my journey as I grow my e-commerce business by selling on eBay! I'll share all of my tips and tricks to help you grow as well. Making money from home has always been a dream for me and I know it could be a dream for you too. I'd love it if you joined me! Thank you to Wholesale Ninjas for sponsoring this video. All of the opinions on products are mine. I only recommend products and services that I believe to be beneficial to my viewers and my reviews are always honest and true. I am disclosing this in accordance with the Federal Trade Commission guidelines concerning use of endorsements and testimonials in advertising. Boosting your Sales on eBay: https://youtu.be/QZN2dve2J6c LIQUIDATION UNBOXING PLAYLIST: http://bit.ly/2UY7xki WHAT SELLS ON EBAY PLAYLIST: http://bit.ly/2RRYQcl SHIPPING VIDEOS PLAYLIST: http://bit.ly/34m6u1a Find My Stores! My eBay store link (PLEASE DO NOT Message via eBay unless it has to do with making a purchase on eBay): https://ebay.us/D84jIk Instagram: @lindeyglenn Mercari: @lindeyglenn or search #lindeyglenn Poshmark: @lindeyglenn BUSINESS INQUIRIES ONLY: LindeyLouTube@gmail.com Want to Help Support My Youtube Channel? paypal.me/LindeyGlenn PRODUCTS I RECOMMEND ALL THE TIME! --- Product Sourcing 101 Liquidation Guide: https://www.e-junkie.com/ecom/gb.php?ii=980089&cl=180627&c=ib&aff=368723 The Blue Shield Glasses that SAVED MY EYEBALLS! https://amzn.to/2QaObtF Scotch Flex & Seal Shipping Roll: https://amzn.to/2RQZAyD FREE STUFF & COUPON CODES! TWO FREE Audiobooks when you use my link: https://amzn.to/2AA9Hi6 Get a FREE Amazon Business Account HERE! https://amzn.to/2rM1N3I Get Amazon Prime for half the price HERE (income limits to qualify) https://amzn.to/38FdTfJ Get $10 on Mercari when you sign up at https://merc.li/5fYrbub Poshmark $5.00 Referral Code: LINDEYGLENN SUPPLIES I PERSONALLY USE EVERY DAY TO RUN MY BUSINESS www.amazon.com/shop/lindeyglenn Scotch Flex & Seal Shipping Roll: https://amzn.to/2RQZAyD Bubble Wrap: https://amzn.to/2LUkCbP Sticky Shipping Labels: https://amzn.to/2lNIiVx My 50 lb scale: https://amzn.to/2mFFxFL My 6x4x3 Boxes: https://amzn.to/2ldcMjt My 8x6x4 Boxes: https://amzn.to/2niYIFM Cheap Small Bubble Mailers: https://amzn.to/2mK0zD9 Packaging Paper: https://amzn.to/2l68Q3M Packaging Paper in Bulk: https://amzn.to/2nexPm9 Air Pillows: https://amzn.to/2mFHulz Heavy Duty Packing Tape: https://amzn.to/2RYmjZo eBay branded shipping supply center: https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338071427&mpre=https%3A%2F%2Fwww.ebay.com%2Fstr%2Febayshippingsupplies Best eBay Supplier for All Supplies: http://rover.ebay.com/rover/1/711-53200-19255-0/1?ff3=4&pub=5575289263&toolid=10001&campid=5338071427&customid=&mpre=https%3A%2F%2Fwww.ebay.com%2Fusr%2Fupaknship%3F_trksid%3Dp2047675.l2559 My Laser Printer: https://amzn.to/35nmcuz Where My Photo Backgrounds came from: https://youtu.be/7ypKf13HKxc My EPIC Ring Light Kit: https://amzn.to/36Bp72Y All in One Photography Light Box: https://amzn.to/34n40Ql Best Lighting Kit: http://amzn.to/2qeSvXt Brightest Bulbs for Lighting Kits: https://amzn.to/2LWr2ae White Photo Paper Roll: https://amzn.to/38AujWy My Webcam: https://amzn.to/35ysNlG My Camera: https://amzn.to/2Ek3EPL My Favorite Camera Tripod: http://amzn.to/2oJIJeP #lindeyglenn #ebayseller #workfromhomemom ***Most Links you find here are affiliate and I receive a small commission off of each sale. I appreciate your support!***