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Episode 3307
A listener and her teenager have been selling on Facebook Marketplace, and getting off to a good start. Now they have the chance to sell for others, and are wondering about some best practices. Should she charge a percentage, a fixed fee, or some combination? What else might be good to know in this situation?"My teenage son and I already have a side hustle on Facebook marketplace, it's actually done pretty well. He sells shoes and I mostly sell books and clothing. It's also a bonus to get to spend time together. I really enjoy that. Interestingly, when people hear that I resell things online, I sometimes get asked about selling things for other people. That sounds intriguing to me. I actually did sell a large lot of baskets as a favor for an elderly couple that was downsizing. But while I was glad to do it, I felt a lot more pressure when I was selling for someone else and it was a lot less fun. However, I haven't ruled this out. So my question is, if I were to sell on consignment, what percentage should I charge or should I set a flat selling fee? Thanks for your inspiration. I've been encouraged by your stories of reselling in your early days. I can't wait to hear your answer."Listen to today's episode to learn more... Yours in the revolution,
Real pricing strategies from side hustlers who figured it out. Stop guessing, stop underselling, and start charging what your work is worth.