ebay success story from $800 to 3.3 Million in 3 years

[suboy05]

@Arizonaswede, me and my wife are moved by your ebay story, and it has made us want to jump into that market. My question is, how do we start? Where can we find products for a good/reasonable price?

[arizonaswede]

@suboy05 I would go to trade shows. Google the industry trade show you want to be in. For example, we sold sporting goods, so we would go to "sporting goods trade shows" which is what you would google to find them. Next, you need to have a company name, you want to make it sound upscale and boutique. We put the name Specialty Retail in our company name to make it sound good. Next, get business cards printed, not the cheesy Vistaprint ones, but real business cards then go to the show.

[buzzbrot]

never mind 3 million....they are on your 800 bucks:)

[buzzbrot]

never mind 3 million....they slurrrrrrr on your 800 bucks:)

[JOHNNYSschool]

Ya this worked before china got in the game now it's so hard to make money on eBay unless u can compet with a millon kids working for 1 doller a day each??? I didn't think so!!!

[mrwfraser]

arizona swede I look forward to seeing your video on how you did it. Thank you.

[mrwfraser]

arizonaswede I look forward to seeing your video on how you did it. Thank you.

[mrwfraser]

@arizonaswede I look forward to seeing your video on how you did it. Thank you.

[asus3571]

can anyone exsplain to me how ebay works do they send you a check or do you get paid with paypal money

[planetrockford]

Are you still trading and why would Ebay shut you down as you said they had done previously?

[arizonaswede]

@planetrockford We are doing a different business model that is more profitable and less risky.

[planetrockford]

@arizonaswede Good luck.

[mrwfraser]

where does he buy the spoting goods from? the million dollar question.

[arizonaswede]

@mrwfraser From Manufacturers, I will make a video on how I did it. I would call them and ask them if they had overstock goods or blems and told them I would like to buy them.

[logant44]

@mrwfraser you build connections and eventually you find a trustworthy wholesaler to sell high volume at discount. This is pretty much all business is.

[badoc10]

What caused them to shut you guys down? I ask because I am currently a small time seller on ebay and would like to become a power seller eventually. I just think that it would be a shame to get very successful only to be stomped back down to the start.

[arizonaswede]

@badoc10 they didn't shut us down. We went on to a different business model. I think staying small time and profitable is better than going big time and risky.. Overhead = stress

[rafikandsue]

@badoc10 iam willing to sell on e bay .. do you think i can earn around 3000 $ per month ? or this is far away..

is it hard?

[arizonaswede]

@rafikandsue it's not overly hard,  but it's not easy either.. The marketplace has changed quite a bit but there is still a lot of opportunity

[rafikandsue]

@badoc10 iam willing to sell on e bay .. do you think i can earn around 3000 $ per month ? or this is far away..

is it hard?

[TheLockerzgift]

Bring down Ebay and Paypal

[evil10]

How do you deal with the paypal tomfoolery. 

[arizonaswede]

@evil10 lol Paypal and Ebay tomfoolery is more like it. You don't control it so you dont worry about it.

[flagship21]

I don't think he is doing this now. The Market has dried up.

[arizonaswede]

@flagship21 agree, the market has changed. There is still opportunity, however, not like it was when it was in the boom cycle.

[RulesOfNoRules]

@arizonaswede Do you still think its worth it for someone with alot of drive and interest to look toward creating sustainable business on ebay/personal e-commerce website?

[arizonaswede]

@RulesOfNoRules yes.. drive is the key

[VanceWine]

Awesome.. alot of work and risk! Great success! "borat"

[gix500]

i like how they cut at 0:34

[melpa04]

wow well done man, people like u is what i look up to :) I'm hoping to do something similair when i'm older :)

[benmaxime]

Wow that's impressive!

[misterbadguy99]

the INTERNET

[Vidx50]

um ya that guy in the video probably makes more from his website now :)

[sku24905]

there was another ebay success where a man went from a paper clip to a house

[Rickx777]

Never trust eBay!

[3510211]

ebay sucks now. the market is over-saturated with too many idiots driving up the price days before an auction closes. Not to mention, bid sniping is impossible now.

[eyeAMtwinkEE]

Fox 10 Phoenix! :D

[evil10]

How do you deal with ebay trust and safety

[arizonaswede]

@evil10 Trust and Safety can be a pain in the booty. They shut us down 3 times. The problem is, they have guys who are power trippers who can shut off your livelyhood with a click of a mouse. You don't really deal with them, just follow the rules as best ya can.

[evil10]

I have a questions do you have your business listed as an s-corporation and at what point do you get yourself an accountant ?

[arizonaswede]

@evil10 I would talk to a CPA when it goes beyond the hobby stage and you have 1-2k/month coming in.

[Workfromhomebabe]

nice video love it

[wolfemancola]

are you allowed to sell full Coca-cola cans or 12 packs of coke cans on ebay? or will coke try to sew you? thanks

[toxic2k7]

@wolfemancola depends, does it say not for re-sale on the side? if not then go ahead, once you buy the product its your to do watever you want with it :)

[need1more1sugar]

@wolfemancola Not allowed to sell food or drink

[buzzclick500]

@wolfemancola : You could needle them about it a little bit and find out.

[gaastra12]

anything that is yours.

[internettradesecrets]

Ebay is a great way for beginners in internet marketing to learn the trade in front of a global audience. It does work.

[onedrunkhobo]

I will be there one day lol, just proves that you can do anything that you put your mind to

[auburn722]

Thing of the best not any more

[jackandjerry]

if his ebay account got suspended, then he will be one sad man.. start again from scratch pls.

[arizonaswede]

no doubt. Ebay trust and safety shut me down several times, and it really sucked and was stressful

[AnyaEightySeven]

@arizonaswede that's why you set up an ecommerce site and direct people to it and get emails. so youll always have your customers.

[goner17]

yes but where does he get hes products?? china????

[arizonaswede]

I sourced two containers from China to try it. They were pocket bikes or Mini motorcycles. There was good and bad to doing that. Overall, I wouldn't recommend sourcing direct from China when there are so many manufacturers needing to dump BRANDED inventory here in the US. Of course it's all made there anyway, but better to get it with a brand name.

[niggawitachoppa]

@goner17 doba

[halftimeman]

I wanna be positive, its a success story for sure, no contest but 3.3 million sales or profit. Profit would be very very good, sales, quite a different story. But well done.

[arizonaswede]

it was Revenue. I wish it was profit.. lol That would be nice. It was still an income greater than I have ever had.

[toxic2k7]

@arizonaswede woww, wern't you hesitant about doing this, even though you were short on cash at the time? because i want to do something similar but i need every bit of money i can get at the moment, and i dont know wether to take that 'leap' or not...

[evil10]

@arizonaswede How much of it was profit if you dont mind me asking.... I'm thinking about starting an ebay bussiness myself since I was laid off from police service a year ago.

[Kukenango]

and 3 million to cero in a couple year more?

[toolz6694]

who is cero?

[thebigw1004]

thats amazing...

[AudioGuise]

Hay is for Horses!

[co0ztube]

Well done guys!

[Vleesball]

More money into online porn tho...

3 million people view videos every hour or so..

[chebhamza32]

so true ! owners of adult websites are making a fortune ,

[LandonC33]

Not necessarily. There is a TV show about guys trying to make it owning a porn site and it's a lot of work.

With the number of sites, only a few are actually making decent money.

[bukakee1]

Not really, because porn is free on the internet.

[mysteryRR]

they make money through advetisments

[hizzleeee]

no, three million people dont view videos every hour, i view three million videos every hour.

[azswrestler]

i live in arizona to! its hot here

[USMCPyroManiac]

lanny is the manny...r u kidding me

[wilkinssteve2525]

Great Video!

[imightcall2008]

very good video very proud f people like you. i was wondering if could give me advice, how do you know who to contact to buy there discounted items do i call the store in my local area myself or the headquarter?

[davidlee110]

wow!

cool idea

[Driftersudewayz]

Hi congrats on your success has the reccession had much of an effect on sales?

[1981z28camaro]

oh, it's a video of someone else, lol nvm haha

[1981z28camaro]

Could I please have some money? :-(

[smartauctionsystem]

why were you shut down, was it permanent?

[arizonaswede]

No, not permanent, it's back up

[enenglinda]

About the ebay fees maybe just consider it as an expense as if that you open a REAL SHOP (eg: rent fee, employee fee, electricity fee etc).

I also sell on ebay, not a big one only sell less than 500items so far. But to make it big maybe should do it in real as well!!!

[arizonaswede]

I would keep it small.... One of the biggest mistakes we made was adding a lot of overhead. Looking back, I would have kept the business at about $1,000,000 a year out of the house instead of 3.3 million with all the overhead and headaches.

[keyanage]

i need $800 & a new ebay account

[Solowizard]

I sure wish I knew where they purchased their items to resell on ebay. I'm a long time ebay seller, but the problem I keep running into is finding an endless supply of quality items that people want to buy.

Something tells me that these guys don't get their inventory from garage sales, or Thrift Stores.

BUT WHERE?

[arizonaswede]

We started out by getting our stuff at garage sales etc. Then we started calling manufacturers getting lists of their closeout/discontinued/blem inventory. All the money is made on the buy, so buy wisely. Don't be afraid to offer very low prices. email me if you have questions. thanks

[bielus86]

Story is good, but nothing special, cause I know a personally few people with simillar story. About ebay-It's the biggest SHIT market place i ever saw. For buyers its heaven for sellers its worse than hell. I was titan power seller and one day ebay closed my account cause some idiot told ebay I was selling fake blades, which was not true(over 500 positive feedback-only from blades!) Ebay ignore my mails and its over. Btw ebay steal your money & paypal. I wish to have power to close ebay.

[tezgaa84]

im very jelaous but happy for them

[absgawd]

Nice story...can't argue with the results!

[mightyshop]

they have a sales department that incharge for transit

[CashBackAtEbay]

eBay Platinum PowerSeller here.... the truth is exactly as they say it YOUR HOME WILL BECOME A WAREHOUSE of inventory. Please don't be jealous of their success. APPLAUD THEM (and the same can happen to you)!

[happyprice]

All im gonna say is don't believe the hype

[arizonaswede]

I don't really think it's hype, it's a story done by a news organization. If it was hype, it would be me saying how great I was like most of the really bad ebay videos on youtube.

[ppg07863]

WHAT ABOUT US BUYERS... I so hate ebay. I use to love it back in 2002 when I started, and now I hate it because they had suspended me for life. I hate ebay because they never reinstate you.. bewarned too if sellers give you item strikes. I had way to many when I canceled a lot of ebay items last year in 2007. F**K ebay for suspension me. EBAY IS NOT A CANCELIZATION SITE... not like Walmart, Toys R Us, Collector's Cache, ToyWiz, Target, etc... BEWARE. you never get reinstated.

[arizonaswede]

i have been shut down as well, you are right, ebay trust and safety is a joke. They don't call when they shut you down as well, they just do it.

[ytviscool]

the only hard part about doing something like this is to find where u can GET the item and retail it for a lower price

[rax7]

also, if you have a warehouse to store all your items. thats another hard part.

[zloben9000]

sweet SUCCESS ! :-) !!!

[EASY130KINCOME]

Nice clear video. Love to see fellow entrepeneurs promoting businesses

Maybe look at my video

[Jibidicha]

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-Start your own online business for only five dollars!

[norbsmoney]

100% believable and real - many are doing it every day - if you haven't heard of it yet - get an account at clickbank, paydotcom, ebay, paypal and learn some marketing - you can do this too!

NC.

[roger62383]

i wonder if they use paypal, because ALOT of people have problems with them.

[lun471k2]

they did

[secretllc]

Lanny is brilliant...great guy and his wife Deena, is amazing.

[jnnycliff]

Wow, you making about $3000 everyday in order to achieve 3.3 million in three year? How many items you have to pack everyday?

[chrissmith01]

lol they probably dont pack it all themselves !!

[onthelang]

Who knows!

[zebogirl]

I am a powerseller- packing the items is the most time consuming part. You DEFINITELY need to hire help. And yes, you need a warehouse and you NEED to get into a trade show to meet companies to be able to buy wholesale. That said, eBay sucks! They take half of our profit each month in fees. Start a real website, promote the old-fashioned way. Using eBay only makes you a slave to eBay.

[arizonaswede]

agree with all of the above

[kscummings]

AWESOME!!! YOUR MOM

[arizonaswede]

thanks mom :o)

[BuildingTheBusiness]

You say that you want to be on the beach in 10 years. Sell your business and do it now.

[warpigroadkill]

How good is the internet :D

[arizonaswede]

We love the net!

[collectinginfo]

I would love to have a dream business like this! A Powerseller myself, and the growth rate is expected to rapidly increase shortly. Well, not anywhere close to the 3.3 million~!

[zloben9000]

SO DO I !

[miky0273]

Great! That's what I would like to see my business to become. Good job!