Rob and Melissa Stephenson interview Chris Schroeder with Reselling Electronics For Profit to learn how to make money flipping electronics.
Reselling Electronics For Profit
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Reseller Hangout Podcast - Interview With Chris Reselling Electronics For Profit
Rob: What's up, Pro Flippers? On today's episode, we are talking to Chris and we are super stoked to jump into his business. Amazing, amazing guy. Very transparent. So, yeah, super, super excited. Reselling Electronics for Profit is the name of his company. And yeah, we're just excited to dive into his business today and learn a little bit more about electronics.
So, Chris, thanks for jumping on here and spending some time with us.
Chris: Absolutely. I'm really happy you guys, you know, allowed me to come on and, I'm super excited to talk about what I love to do. And that is, you know, I've been flipping electronics for quite a few years now, so, super excited and I always love sharing it, so I love it.
Huge market.
Melissa: Awesome. So what, how did, go ahead and give us a little backstory of how you even got into reselling, how you kind of niche down into electronics. Yeah, let us know a little bit.
Chris: Yeah, for sure. So, a couple years ago I was, well let's start from the beginning cuz I usually start with my serving story, but I think it's important to start from the very beginning of where I like found entrepreneurship.
So when I was younger, I basically grew up on a shrimp boat. Right, like, like with my dad, he was, trades, you know, he also did construction, so I, I kind of understood that world a little bit too. Hard work, both of them. But like from the, from the age of like two to three years old and up, I grew up either on a shrimp boat or helping in the construction industry with my father.
And, and over time he always, he was always very persistent about doing something that you could do like without a job. Right. He was very persistent about that. That's why he, why he was in the trades is cuz he hasn't had a job in 40 years, you know? So, so, and, and growing up I didn't actually understand that, you know, I thought actually getting a job was, was more secure than doing my own thing. Like that's what I thought. Right. But as, as I, as I grew up and like at 14 years old, he actually put me in my own boat, got me a boating license and then he started me out doing what we call crabbing. Right. So I go out, pick up crab traps, and then we sell those.And we did that every day and I hated it, but I came to love it once I understood what he was doing. Right. And it's kind of funny cuz he was, he was, he had those like written spreadsheets, I can't remember what they're called, where we would write our numbers every day. And, what's really funny is my students, I now teach them the same thing just in Google Sheets.
So, anyway, I grew up doing all of that, kind of had an entrepreneurial background, but I didn't know it yet. Right. I had a couple odd jobs throughout college. I went to college for a couple of years. I didn't, I guess I graduated, I got a certificate, but it wasn't in anything that I wanted to do. So I, I changed my major about five times.
And because I didn't know what I wanted to do. Right. And, I ended up getting a certification in occupational health and safety. And then immediately I was just like, well, I'm not doing this. Like I graduated. That's all I wanted to do. Now I'm gonna do whatever I want. And, so I started working at a restaurant called Papados.
I was actually working there throughout college, and I actually did very well for most servers. I was making on average $25 to $30 an hour just cuz I was, I was good at it and I was good at, you know, that actually helped me really build my people skills, how to talk to people and how to at the time, I didn't know how to upsell people on things, which is huge in the electronics industry and I'll, I'll talk about that here in a few minutes.
But it is, during that time I found reselling and it was, I was introduced to it. I gotta give him a shout out. His name is David Kosciusko. You guys might know. He was big on YouTube for quite a while. He has since kind of retired from the, from the industry of the coaching and everything and, you know, doing his own thing now, you know, still a huge mentor of mine and he introduced me to flipping phones.
That was the first thing, and I still remember the ad to this day cuz we were actually in a tropical storm. And like we couldn't go outside. I couldn't go to work. We were broke. My wife was pregnant. It was a whole thing. Right. And anyway, I saw his ad and he is like, I'm flipping these electronics and we're making money and you know, it was cool, right?
And so I was like, you know, this sounds like something I can do. Right. And that's, that's kind of how I got introduced the, to the industry. Very first flip I screwed up on, I think most people do that. But, you know, I bought two iCloud locked phones. I didn't know what I was doing, so, I ended up having to like, just get rid of 'em and start over.
Right. But it is what it is. We all start out, you know, I've noticed very similarly, you, you gotta have that first mistake to not make it again. So that's how I got, introduced.
Rob: I love it. And you, you were introduced into electronics and that's kind of wherever you've stuck with, I mean, you've gone, I'm sure you've branched out to different types of electronics from cell phones, but, that's really, really cool.
So a lot of people, they get in, they get introduced into the reselling and then it branches them out even further to other stuff. But you're in electronics and that's what you've learned. So gimme kind of a timeline though. How long have you been flipping, electronics? When did you, you know, your first flip and that kind of stuff.
How long have you been doing it?
Chris: Yeah. So that first flip was about seven years ago now. Wow. Nice. Kind of wild. What's crazy is I came into the electronics industry and I, I always tell my students like the, you know, reselling is always a gateway opportunity, for, for greater, you know, income. I guess increasing your income capacity.
Right? Cuz you know, many of my students will hit $10,000 in in profit right in a month. And then it'll just be like, and now I do gotta put out a disclaimer that's not every student, like, that's like, just gotta put that out there. But like once they hit that point, they're just kinda like, you know, there must be other opportunities.
And I was the same way. Right. So a little story about that too is whenever I, started really moving up and, you know, I left my job when I hit $4,000 in profit cuz, you know, I was like, well, I just doubled the income for my job. So I was like, I'm outta here. You know, I still remember that day too, like the last day I worked and, the head server was actually cashing me out.
And and he actually asked me, he was like, how's, how's that little reselling business going? And I was like, well, I mean I made like $4,000 this month. And he just paused, like sitting there, he was just like, and then, and then he said, dude, that's awesome. And I thought that was really cool. You know, he didn't get upset or anything.
Like he, he was just like, it was just cool to, to kind of have some validation because I hadn't really like, talked about it a whole lot. You know, I was, I was buying things after work, before work, showing up late to work cuz I was buying things like I was really trying to get out right. My wife was pregnant.
You know, I wanted to be home. Right. New, you know, baby and all. So.
Melissa: Did you have a number, like you knew once you hit to where you were gonna replace your serving income, or did you wanna go higher than that? Or you kinda had a plan or you're just like, all right, we're just gonna do this. How'd that go?
Chris: Yeah, so, I had a plan, I didn't exactly follow follow it.
The plan was to save up about 20 grand. To have like a, to have like a, a cushion, cushion, yeah. In case anything happened. As soon as I hit four grand, I was just like, like in one month I was like, nope, I'm done. We're good. It's like sailing from here, you know? And as you guys know, that's not always the case.
It, you know, it reselling can be up and down. Like you can have big months. You can have, you know, not so big months. It, it really comes in waves, honestly. But over time you actually start to see the patterns, especially if you're niche down in an industry too. But, but the, yeah, I had a plan. I didn't exactly follow it.
Rob: Kind of how it works. It always works that way, so, yeah. That's cool.
Melissa: Yeah. So when you got your, you quit your serving job and now you're like, okay, I'm doing this full-time. Did you map out like a schedule for yourself and how has that evolved over time?
Chris: Oh man, that has evolved over time, big time. So, so in the beginning it was, it was like running around town.
Right. Like we were using a lot of free ads to generate leads to, to, you know, reach out to us and they were like, you know, buy my stuff. Right. A lot of it was phones in the beginning, you know, broken, damaged, like black screens, things like that. And, so I was running around town all day long, all day long.
My wife hated it because we had a newborn baby at home. Yeah. You know, and she was, she was just like, I, you know, this, this can't stay like this. And, she was like, why can't you just meet people like twice a day or something like that? And I'm like, I can't do that. Like they, you know, they need the money now and, you know, for me to keep doing this thing, like, you know, I have to do it like that.
Right. I was beholden to the customer. Right. Like, I would, I had essentially made myself an employee. Right. And, there was a couple more months of that and she was, and, and I still remember it to this day. I had one more guy. I had drove up to Starbucks at like 9:00 PM at night. And this is back when they were open that late.
But, and then the guy ghosted me and I was so mad. I was like, I was. I'm not doing that anymore. Like I am gonna, I'm gonna try this thing. I'm gonna try twice a day, same location, that's it. Like, and that was actually the birth of what I call my scheduled meetup model. And it, that works really well.
So what I do, what, what I do now and what I, what I teach all my students now is don't drive to the people because here's the deal. Like we have what they need, they need the money. We don't really need their device. Right. Like, and it's, it's a mindset shift, right? So what I ended up doing is I, back when I was in Beaumont, Texas, I was meeting people at 12 and four every day at the same Starbucks every day.
And I would just tell people that, be like, after I, after we closed them over Messenger, right? Or, or the phone, I'd just be like, I'll be at this Starbucks, this location at 12 and four today, which time works best for you and. To my amazement, people were like, well, 4:00 PM works. Next thing I know, I got lineups happening, like three people waving to sell me devices all at the same time, and here I am making like $300, $400 within a 30 minute period like, so that's kind of where my processes really started.
Rob: That's awesome. Yeah. And for sure. Now these phones that you're buying, I'm a, I'm assuming, and you can talk about the evolution of where you're at now, but you were buying broken phones. Were you selling them for parts, for parts or were you fixing them or did you learn how to fix 'em and, and what platform were you selling them?
Cuz you're, I mean, you're up to the point where you're buying this stuff. How are you getting rid of it and what are you doing with it?
Chris: Sure. No, yeah, that's a good question. So, I, to this day still don't know how to fix phones. I. I tried once, and found out very quickly. I still have my tools set for it, but honestly I didn't want to turn screwdrivers.
And, that just was not my thing. So I was buying the stuff broken, damaged, you know, black screen and just selling 'em as is. Okay. And still profiting very well. Usually $80 to about $120 in profit on every device. Nice. Even if it's broken. Actually, I tell, you know, me and my students buy a lot of broken stuff now because no, you know, whenever people have broken things, they don't have an emotional attachment to it anymore, so they're more likely to sell it.
So cracks, cracked screen phones, you know, MacBooks that are broken. I mean, I got a bad LCD MacBook over there that I bought for $60. So, you know.
Rob: That's awesome. And I'm assuming it's eBay, that's your avenue?
Chris: Yeah. eBay is a, is a big platform that I use. Okay. Especially for broken stuff.
Okay. Just because it sells so well. We do use Mercari and Swapa every now and and then we also have something in our industry called direct buyers. So there are like wholesalers who buy like used phones from us for a relatively good price. It's basically eBay without the fees.
Rob: But that's what I was gonna, I was gonna ask you, being in the industry and having multiple phones that are broken, did you start building contacts with people?
Like, hey, I'll take all your phones, this model phone, I'll take 'em, and then you, you, you cut out eBay when you be, when you create that, that thing. Yeah. So you've done.
Chris: Yeah. So it definitely helps to have that as an outlet because, you know, sometimes there's issues with eBay, right? Like, I mean, it's unfortunate, but people get banned for no reason sometimes.
I've seen that over and over again. Or you get banned for selling too much. That, which actually happened to one of my students here recently. He did like $4,000 in sales in one day, and they shut everything down and I was like, like, all right. You know, let's face it out a little bit, you know? So that is another reason why we do, we use mini platforms for that reason.
Rob: That's cool. Yeah. And they saw as a high risk. Exactly. That's the the reason.
Chris: Well, it is electronics. It's a high risk.
Rob: Yeah, right. Exactly. So that's one of those things that they're trying to minimize their risk on something moving, somebody moving that much and then kind of flying the coop in one day. So I get that too.
Yeah.
Melissa: I had a question when you were talking about ads to your, to find the phones, how, like you, so you're placing ads like on Facebook for the phones, like paid ads or just on in the groups?
Chris: So we did free ads for a long time, Craigslist groups, stories, everything. But I kind of saw this coming about two and a half years ago, like as soon as one of my ads got taken down from Marketplace and like it had to go into my whole profile, had to go into like a review.
I was like, ah. Got it. Okay. They don't want this happening anymore, so they're gonna start, they're gonna start making changes. I guess it was more than two and a half years ago. I guess that was more like three years ago now. So that's kind of when I made the switch to pay fully on like full paid ads.
And what I found through that is it gave a lot more consistency than, than free ads did because free ads, it was like you post 'em, you get a whole lot of leads, and then that's it. Right. Like, and that's just kind of how it worked. And that was just like the norm, right? That's why you had to post ads every day.
You had to be consistent with that. But with paid ads they run 24/7 and you know, they hit, you know, more people than you could organically and at least back then. But yeah, we, it still does very well now though. But yeah, I mean the, the ads are very simple. They basically say we, either we buy phones or we buy Nintendo switches, we buy, we buy, we buy, we buy.
Like, they're very simple, and, you know, they just bring in leads consistently. Usually what we see on, on Facebook ads is a, three to five x return on the ad spend. So very good numbers for a business, right.
Rob: Yeah, absolutely. That's cool. So gimme an idea of a monthly, like how much are you spending per month to in Facebook ads to generate the business that you're doing?
Chris: So over time, it gets better, right? The longer you're in the industry, the better it gets. You guys know this with reselling, you make contact and things like that, right? So in the beginning it's usually like you spend $1 and you make $3 to $5, right? On average. Cuz you know, reselling things is a little different.
But let's, you know, you spend a thousand dollars, you'll make anywhere from $3,000 to $5,000 in profit, right? It changes over time. Because what ends up happening is as you spend the money on ads, and if you cultivate, customer, like, and when I say cultivate customers, I mean like build relationships with those customers and build what we call repeat customers.
Word of mouth. Yeah. Yeah, so the ad spend over, like it was, it's kind of crazy you asked this question because this morning one of my students in Canada hit me up and she's like, hey, let's turn down all the ads to about $20 a day. Cuz she was at $50 for a long time. She's doing over, you know, $8,000, $9,000 a month in profit, right?
And she's like, let's dial it down. Cause I'm now getting more leads from Google my business, from my organic than I am from my paid. And that's what happens over time, like it flips, right to you've created an actual business and people just find you. Yeah. People know where to go to.. So that, you know, what I like to tell my students is like, advertise really hard for the first six months to a year so that you, like, you can literally shut your ads off and then just have free leads from then on.
Rob: I love it. I love it. Yeah, totally. Yeah. Building your business and yeah, that's awesome.
Melissa: And you're also excited, you're also doing ads to the local market, which is a little bit easier to target too, which is nice. So, cause you're only in a smaller area. You're not driving five hours hopefully or something.
Chris: Yeah. We usually do like 15 to 20 miles. Yeah. Yeah, so that's, it's very localized.
Melissa: So that could also help you, your conversions and getting more leads, which is really cool. Yeah.
Rob: So, well, and now talk a little bit more about, so you started with phones and it sounds like you're still doing phones, but what was the progression into maybe other electronics, like the, some your favorites that you saw?
Yeah, the are like music. Are you doing like receivers? Are you doing laptops and desktops? Like where, where has it evolved into?
Chris: Yeah, so now it's, it's almost like, you know, anything like as long as you know, as you learn how, how certain technology works, you can learn how to appraise it. You can learn how to make offers on it, and then, you know, you can just learn specific things about it.
So, started with phones and then, and then I moved into like iPads, which is just a bigger iPhone, right. And then I moved into MacBooks, which, I have one right here. So this one I bought the other day. I bought it for $140. It'll sell for close to $350, if not $400, because it's one of the newer ones.
So I moved into Macs and I learned those. I had to learn it because like, one, one thing I like to do, and I know most people have like a lot of questions around this, especially my audience is like, how do you, how do you test these things? Like how do, like what do I know what to look for when I buy something like that?
My always, like, my first thing is like whenever I'm buying something for the first time, I'm not actually looking to make a profit on it. Most of the time, honestly, I just wanna learn about it because if I, and if, if I break even, I'm happy with that because now I learned what to look for. Cuz like on the MacBooks cycle counts matter.
I didn't know that at first. Right? Like how many times has it been recharge? Like people ask that question on eBay and things like that. The battery health percentage with phones. I didn't know that. Right. So like over time you just kind of learn these little things and then as you get better at it, you can make offers better.
And then, from MacBook, it progress to like gaming console or well, gaming consoles. And like gaming laptops. Funny enough, I bought a gaming laptop a while back. Guy hit me up on Craigslist. He was like, hey, I got this gaming laptop. It's like broken half. Like, it was like it was split in half, broken in at the middle.
And I was looking it up and I was like, and I found one, like a listing exactly like it in the sold listings. And I was like, and it sold for like $400. And I was like, whoa, okay. I was like, bro, I'll buy for a hundred. And he was like, done. I was like, dang, I should have gone lower. But, but no, I made a solid profit off that.
And that's only because I had bought them before. Right. But eventually it comes down to if you can, if you, if you get like really good at appraising and reading eBay listings, and like sold listings, you can buy anything for a profit, which is the great thing about that. So from, from that, it led to game consoles.
And then, and then, I mean, I flipped anything from flip fish finders to, gosh, I flipped so many different things. Cameras, cameras were a big learning opportunity for me. I didn't realize how much profit potential there was, like with cameras. I bought one of the big ones that on the shoulder,that people use a while back.
I bought it for $500 and it sold for like $1,200. Wow. And I. Whoa. You know, you know, it was cool, right? And then, and then eventually the game console area grew and that was actually through Matt. We know, you know, we have a common friend here and he actually works with me. He is my head game console coach, and he's the one that introduced me to flipping things like Nintendo switches, PS4s, PS5s,, and Oculus Quest.
So we got one of those. Like, he's the one that introduced the whole VR thing to me. So I gotta give him a huge credit for that. Like, he is, you know, he's, he is my coach, but at the same time, like, he was like, he's a mentor too, in that sense. So it was really, it's really great having him on the team because he was able to bring in such a, such a niche market that is so profitable.
Like, we make more on those than we do phones, which is saying something.
Rob: And are those usually broken?
Chris: No. Oculus quests usually don't break. Like yeah. I mean, with people like, you know, using them all the time. Yeah. They're, they're pretty durable. Yeah. But even if they are broken, we can still buy 'em, cuz people still buy them.
That's a great thing about eBay is people buy broken stuff all the. So.
Melissa: I, I was curious about that with, when you were talking about some of the broken stuff. So what, when people buy it, obviously your descriptions say if it works or not, or what's wrong with it for true. But are what is your return rate?
Because are people getting in like, oh, it doesn't work cuz it didn't read the full description or whatever. You know, people don't do that sometimes there. Yeah. And that's annoying. So do you have a lot of returns?
Chris: Not really. Okay. It's cuz it's cuz of the way my description is worded. Like if somebody, for example, I had a guy a while back who, he messaged me and he was like, he'd, he had already fixed the phone, so he had admitted that he fixed the phone and can't phone alter the item.
You go, you can't alter the item. Anyway, he was like, hey man, this thing has a bad L C D and like this phone was like bent. Like, I don't know how he fixed it, honestly. Like I sold it four parts only. That's what it was for. And he was like, hey, I fixed it. And now it has a bad lcd and I'm just like, all right, cool.
Well, here's, I'm calling eBay concierge, you know, so, I mean, if you guys have that, yeah. That's the most beautiful thing ever. You know, when you do good with eBay, they do really good with the concierge. But I called eBay and I was just like, hey, this guy, you know, I always try to get ahead of the problem, like, before I even talked to the person and I was like, what are my options here?
And you know, she was just like, he already altered the item. He admitted that, you know, even if he does like a bad feedback or anything like that, we'll just remove it, you know? As for return rates, it is not high for me. Maybe a couple percentages. But it's very rare. And that is mostly because I'm very detailed in my description and I think a lot of the times what hap what happens is people will buy an item without seeing it and then they'll get it and then for some reason they, you know, they're like, this isn't what I expected.
Because most of the time it's broken. Right? Yeah. Wasn't expecting, I think, I think what's happening is they're going back and reading, reading the full description that they didn't read the first time. Yep. And then they're just like, oh, he did say that. You know, because I'm very like, the way my description is like, no iCloud know this, know that here's what's broken.
Like it, it's like a list. And I actually use it as a checklist when I'm listing things. Cuz it's like a whole list of things to check before it actually goes out. And, so the, for me, the return rate isn't high. I got a hundred percent feedback on eBay, which is rare for the electronics industry.
Absolutely. Yeah, that's, I was curious.
Rob: High volume, it's high volume is definitely hard to keep a hundred percent feedback.
Chris: It's, it's, yes. Yeah,
Melissa: the types of electronics are absolutely are a little bit harder too.
Chris: So that's why you gotta be so detailed in like how you list, and I'm always telling my students that, Like, use what I give, use the description I give you.
Right? There was another thing that I added in that, like like in the electronics industry, unfortunately, especially with phones, there's a lot of scammers on eBay. Unfortunately, it's just the nature of the industry. So I actually added a little piece in my description a while back. I don't do it every time, but I say it and it's like, you know, any item over $200 is video recorded being package.
You know, so I just added that in there to like scare away those, yeah, the people that, that would try to do something. Right. Yeah. Now, now that I've moved a little bit, you know, more into like, I would say like 40% game consoles, the beauty of that part of the industry is there isn't that issue. Yeah. Like that, like I'm assuming much more honest people and things like that.
And honestly, a lot of my students are moving that way too, which is one reason I I love having Matt on the team is because, you know, things like this, you know, there's not a whole lot of people that are gonna go complain about that, you know? Not a whole lot of stuff too complain, you know, unless it is just obscenely damaged, but.
Rob: That's cool.
Melissa: Do you do any vintage, like vintage gaming or vintage, like we sold some of those old TVs that you're like, nobody would buy those, but they do.
Rob: TVs, VCRs, like the screens? Yeah. They're loving the old stuff right now.
Chris: Yeah. So, I don't do a whole lot of it, just cuz I, I'm assuming you guys are talking like the, the big tube TV boxes.
I have resold those before and Matt actually. Brought that up a while back. And he actually, I think he sold one for like $200 and showed all my students. He's like, hey, there's still stuff out there, you know? Yeah. That's, but I personally, I personally don't. But I mean, some of my students do, so, but I, that's cool.
I, I kind of stick with the, the newer items. And honestly, I really like the stuff that is not hard to ship. I really like the small ship, the small, small shipping big profit. That's kind of what I like. There you go.
Melissa: One of the things, but before we got on, you were telling us like your schedule now, which I think is really cool to how you have streamlined on Saturday.
You do, what is it? The listings you get, you get the listings done Monday about how does that go?
Chris: Yeah, so the way the whole process works now is, so I'll meet people at Starbucks, right? I'll buy the items at my scheduled meetup times and I'll actually take the photos while I'm there and just put 'em in my drafts on eBay.
And then, on Saturdays is when we do all the listing. So like I buy it throughout the week, take the photos, like it takes me two minutes. And on Saturday we do all the listing. And the reason we do it on Saturday is because electronics sell very quickly most of the time, especially if they're priced correctly.
And then a lot of them are sold by Monday. So we get most of the shipping done on Monday. Which is great. Right. Find some more, like more the week. Yeah. And then we get a big, you know, a good influx of cash, you know, you know, cuz if they sell on Saturday, eBay's gonna usually pay out Monday. Right. So, cuz usually for me it's about one to two days, depending on managed payments.
But that's kind how it works. It's very, it's a very simple process. You know, just buy throughout the week list on Saturday, you know, ship out most of the things on Monday. Now of course, you know there's gonna be stragglers that don't sell. Pick one. Yeah. Yeah. And then it's like a couple packages a day for the next few days and then, you know, just repeat the process.
Rob: Nice. That's cool. That's a great, have it streamlined. One thing I did think about is like doing Facebook ads. We know, you know, it costs money to do that. Buying the electronics is upfront. How much would you typically say somebody coming into this industry would need to have, to get started?
Yeah. To get started right off the bat? How much, you know? Yeah, just doing what you're doing. What, what's your normal you know, amount to get started?
Chris: Yep. So personally I started this entire gig with $200. Okay. The great thing about the Facebook ads is you can get leads on $5 a day, right? So I recommend buying power wise 2,500 usually. Usually you can, you can do it with a thousand. I've seen it happen, you know, more times than I can count. Cuz what I, what I tell 'em my people to do is, start, right. And then just like separate your flipping money from your bill money. Yeah. Like that is the biggest thing that I, I try to like instill is like, because I didn't, and, and then all of a sudden you got like, you know, bill money and rent coming out of, you know, your business account, you know, and that sucks. So I mean, I always, I recommend about $2,000 roughly, as like an average to start. But you can start with much less, a lot. Like if a lot of people don't have capital to even start, which, you know, a lot of my people on YouTube and stuff don't. And that's totally cool. I do have a couple of videos on how to st how to find stuff for free.
Like you can do that. I think you put out a video not too long ago about that on how to literally find stuff for free. Absolutely. So, and guys, Like there's free stuff everywhere. Everywhere. Everywhere. There is literally money sitting on the side of the road. It's insane, like it's crazy, you know? And, but people just don't realize that.
Right. And you don't realize it until you start looking though.
Rob: Yeah. Absolutely. Well, cool. Yeah, go ahead.
Melissa: No, was just gonna say we just shipped out a, I just posted that one video of the bike that, that was on the side, put it on the trash. It's on, on the side of the road and it, we sold it for $300. And, you know, people ask, well, why would somebody throw that out?
It had one little thing that you'd fixed on it adjustment, the heat adjustment, and it's like, people don't wanna mess with it. They just want, like, they don't. And you never know the reason people also, our culture is very just, you know, go get a one, go get a, and then try the old one way. And so there's, but there's stuff that still has a lot of life left in it.
And if you can.
Chris: No, yeah, for sure. It's, I mean, yeah, I mean we as an, as Americans we're, you know, we're materialistic, but then we also get rid of the stuff very quickly. Yeah. And you. That's okay. You know? Works for us, I guess. It does work for us. It works very well for us. So, I mean, and there's been many things that I've flipped that I've gotten for free, you know, the old, like direct TV receivers and things like that.
Remotes. Yeah. Surprisingly enough. I went to a pawn shop one time and they had and, and just to point out why I say. I network with a lot of pawn shops in the area and they like send me leads all the time. It's great. That's awesome. Well, cuz they got people that either come in there to sell phones or they got stuff coming out from that's been there a year and they're, you know, I just got people there like, hey, we got this.
Do you, you wanna come by and see if you can do it, do something with it. Awesome. But one time I went into a pawn shop and they had 200 TV remotes, like, and I bought 'em for like pennies like, but like, think about that. How many remotes do people have? Right? Or, you know, just random electronics in their garage.
I did a test a while back just running an ad that I was like, hey, I'll pick up your electronics that you don't want for free. Yeah. I put it on Craigslist and I had people calling me. That's awesome. Like, you know, drunk removal is a real thing. Absolut Absolut.
Rob: Yeah, for sure. Well, cool. Well, Chris has been awesome.
It's been so enlightening and understanding your business, electronics and all that kind of stuff. People that are listening to this or watching this right now, where can they find you, find more about your business and your business model? Do you have a place that they can go and do that?
Chris: Yeah, so, I do have a free Facebook group.
There's a little over 12,000 people in there. It is called Reselling Electronics for Profit. It, you'll see my face on there and it'll literally say Reselling Electronics For Profit. If you wanna look it up on Facebook. And then I do have an ebook as well. It is $5. $4.95 and it is, it's like 92 pages long, so literally just laying out the entire process on how to do all of this on like how to set up the ads and literally everything.
And that's at resellingelectronicsforprofit.com. So you just type that in, you'll find it. And that's how you guys can find me.
Rob: I love it. And we'll put the links below in the show notes, guys. Chris, thank you again for doing this, coming on, giving us a little peek behind the scenes in your business.
Greatly appreciate it. And, yeah, can't, can't wait to keep on flipping.