How To Make £1000 Per Month Selling Pre-loved Clothing on eBay, Vinted & Depop
Achieving your first £1000 per month is undeniably the most challenging milestone. Many underestimate the difficulty of this feat and unfortunately, most fall short. However, you can steer clear of this fate by adhering to three fundamental rules. By staying dedicated to these principles, consistently meeting your listing goals, we guarantee that you'll reach £1000 per month within 12 months or less.
Rule #1: List every day without exception.
Every online marketplace thrives on fresh listings each day, a crucial yet often overlooked practice. This straightforward strategy ensures a steady flow of traffic to your store consistently. You should strive to increase the number of overall listings in your store in order to sustain growth. Therefore, listing daily to grow your store should be your utmost priority.
TIP! Don't be fooled into using costly listing software to cheat your way to 1000's of listings in just a few days. Whilst this may work to grow your store initially, your store will crash the moment you stop listing at the same level as you did before. For sustained growth you need to build a consistent listing habit into your daily strategy and maintain it over a long period of time.
Rule #2: Use promotions and discounts every day with the shortest possible duration.
Promotions and discounts are staples in driving traffic, boosting conversions, and securing sales for every ecommerce store. This tried-and-true tactic is effective for a reason. Moreover, marketplaces offer a unique advantage in leveraging promotions to increase sales because promotion fatigue doesn't really apply on marketplaces. Buyers expect to see promotions on these platform every day -- so use them as often as you can to your advantage.
TIP! Always run promotions with the shortest possible duration. Why? Because the platform has a tendancy to promote new promotions, in the same way it promotes new listings. Therefore, running your promotions with the shortest possible duration allows you to maximize the visibility of your promotional efforts.
Rule #3: Remove under-performing listings from your store.
Every store has listings which are either; NOT generating views, NOT generating watchers, likes or favourites, OR NOT generating sales. Each one of these listings reduce the overall performance of your store causing the platform to reduce the amount of traffic that it diverts your way -- because it thinks you have rubbish listings. Make it a weekly habit to remove these poor performing listings from your store. In doing so you will improve your conversion rate prompting the marketplace to direct more traffic your way. More traffic translates to increased impressions, page views, and ultimately more sales.
TIP! Don't remove more listings than you are actively adding to your store each day. Reducing the number of listings in your store will reduce the amount of the traffic you receive and your sales will decline as a result.
Watch the video to learn more
In this video, I delve deeper into why applying these fundamental principles will guarantee a successful outcome for anyone interested in reselling pre-owned clothing on eBay.
How to get started selling Pre-loved Womenswear?
Our process is designed to be simple, flexible, and profitable. Here's how you can start selling pre-loved womenswear today.
1. Create an account
The first step is to create a retailer account. It’s completely free to do this.
2. Setup your eBay Business Policies to accept our import files
If you don't intend to sell on eBay -- you can skip this step.
- Go to: https://www.bizpolicy.ebay.co.uk/businesspolicy/policyoptin
- Create a new Postage policy named Postage Clothing
- Create a new Return policy named Returns JCM
- Create a new Payment policy named Payment JCM
IMPORTANT! Make sure to set each of the above policies to the "Default" policy. If this is not possible, simply Edit your existing policies and rename them to Postage Clothing, Returns JCM, and Payment JCM as required.
TIP! Business Policy names are CaseSensitive. You must make sure to copy them exactly or else when it comes to uploading our import files your upload may fail. Don't forget, you can always contact us if you need help setting up policies that work with our upload files.
3. Create Watch Item notifications
Get access our Pre-loved Womenswear Catalog where you can browse our complete range of in-stock and ready-to-ship items. Once you've found an item that you intend to sell you should add that item to your Watch Item list.
Creating Watch Item notifications for every item that you intend to sell is an important part of the selling process. This is because it's possible for multiple sellers to sell the same item, unless they've opted for pre-purchase through our Buy Now option.
To create a Watch Item notification:
- Go to our Pre-loved Womenswear Catalog.
- Click the Watch Item button for any item.
- Enter your email address and Click Subscribe to Notifications.
TIP! You can pre-purchase items in advance to reserve them and become the exclusive seller using the Buy Now option. When you Buy Now, we reserve the item for you and nobody else will be able to sell that item.
4. Download our eBay CSV Import Files
Open your Watch Item list to see items you've shortlisted for sale. If you don't intend to sell on eBay -- you can skip this step.
- Download the eBay CSV file
- Go to: https://www.ebay.co.uk/sh/reports/uploads
- Click Upload template and select your file to upload the item to eBay in seconds.
- Repeat the process for the next item.
TIP! If your upload fails it's because you haven't setup your Business Policies to match what's provided in our CSV files. Scroll back up to the start of this page to learn how to setup your eBay Business Policies correctly. Don't forget, you can always contact us if you need help setting up policies that work with our upload files.
5. Requesting access to your Watch Item list
You can monitor the status of your listed items at anytime through your personalised Watch Item list. If you've just started you'll need to contact us to request access to your Watch item list. Once you have access to your Watch Item list you can simply check it routinely and remove items which are no longer available. Doing this once daily serves the purpose of reconciling your inventory to avoid selling out of stock items.
TIP! You’ll automatically receive out of stock notifications for items on your Watch Item list. However, in case you miss those, checking your Watch Item list daily can help avoid stock-outs.
TIP! Get access to our Retailer Chat on Slack to get fast access to help and support. As and additional benefit, we post updates whenever we add new items to our catalog and we also send instant notifications for all sold pre-loved womenswear items through the #retailer-chat channel. This means you can not only get instantly notified whenever new stock becomes available but you can also see what’s selling regularly helping you to choose the best items for your store.
6. When you sell an item
Open your Watch item list and use the Buy Now button to purchase and ship the item to your customer. If you’ve pre-purchased the item as the exclusive seller, simply use the Ship Order button instead. This will allow you to create a fulfillment request to ship the order to your buyer.
TIP! You can save on shipping costs by opting to purchase and upload your own shipping labels. You can upload your own shipping label during the Buy Now and Ship Order processes.
Ready to make an impact?
Sign up now to access our catalog and start your journey towards sustainable and profitable pre--loved fashion dropshipping.
Want to transform your grasp of dropshipping and consistently generate significant monthly profits?
If you're nodding in agreement, put your trust in our 15+ years of unrivaled knowledge and expertise. Enrol in our Dropship Launch Accelerator today, and let us propel you to your first £1000 per month. Beyond that milestone, we'll equip you with the resources and support needed to guide you towards achieving your dropshipping goals.
Want to find out more?
Book a free call with us today and we'll help you get started. Don't like video calls? No problem. Join our Retailer Portal and we'll be happy to answer any queries via text-based-chat instead.
