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The What Sold Podcast - Episode 14 - Fixin Stuff
Manage episode 408911316 series 3552900
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A reseller may choose to repair an item for several reasons. Repairing an item can significantly increase its resale value. By fixing any issues or damages, the reseller can command a higher price for the item, ultimately increasing their profit margin. A repaired item is generally more appealing to potential buyers than one that is damaged or in need of repair. By presenting the item in good condition, the reseller can attract a larger pool of interested buyers, leading to quicker sales. Resellers who consistently provide high-quality, repaired items can build a reputation for reliability and trustworthiness. This can lead to repeat business and positive word-of-mouth recommendations from satisfied customers. In a competitive resale market, offering repaired items sets the reseller apart from competitors who may only sell items in their current condition. This can give the reseller a competitive edge and attract customers looking for well-maintained products. Repairing an item allows the reseller to maximize their profit potential by increasing the item's resale value while minimizing the cost of repairs. This strategy can lead to higher profits on each sale. Repairing items contributes to sustainability by extending the lifespan of products and reducing waste. Resellers who prioritize repair and reuse help minimize the environmental impact of consumer goods. For some resellers, repairing items can be personally satisfying. It allows them to use their skills and knowledge to breathe new life into products and contribute to a more circular economy.
Overall, repairing items before resale can lead to higher profits, increased customer satisfaction, and a positive impact on both the reseller's reputation and the environment.
#fixit #repairinginstruments #repairingitems #whatsoldpodcast #rustythereseller #whatsold #reselling #ebaystore
Rusty the reseller:
https://www.youtube.com/@RustyTheReseller What Sold: https://www.youtube.com/@whatsold Postcard Planet: https://www.youtube.com/@postcardplanet What Sold Podcast: https://www.youtube.com/channel/UCc513e2aPbloS20mTwuv8bA57 episodi
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