A lot of confusion in the comments. This is what I believe he is saying. 1) optimize listings 2) increases promoted by 1% or start at 2%. 3) change your prices in bulk editor to 21% lower. (Customer won't see that you've changed them but you are now effectively 21% off) 4) send 21% off coupon that can be used in your store. Every day a different coupon. (If customers use the coupon it's basically 42% off original price) 5) send 21% off offer to watchers that cannot be combined with coupons. (Two choices now, both are 42% lower than original price) 6) run a 21% markdown sale (I believe buyers can stack markdowns and coupons effectively giving them 63% off original price) 7)change markdown to 40% off. (You are now at 83% off original price ~ if buyers are also using the coupon. No profit at this point I'm guessing.) Spread this process out over 1 week. This is a fire sale. This is not how you to Run your business, this is how to Clear old stale items.

Thank you, Chris! I sell on eBay but have never opened a store. I will now! I will be doing this for sure. You always give me the energy to keep moving forward! Love this channel.

Just when I think you have already made your best video you come up with something like this. This is worth watching more than once to fully comprehend the process. My wife has reminded me how much we owe to you. So thank you once again!

I genuinely love your videos. Your info helps me everyday! There's going to be a lot of sales on E-bay after this.

New original context. Love it!

I do something similar every time I go on vacation to pad my pocket. Works well

I’m going to try this.

Great actionable content as always . Thank you

Great info Chris !

Thank you so much, this is so helpful!

Great stuff Chris!!!

Hey Chris, thanks for the tips as always! The link provided for the downloadable document throws an error / says it doesn't exist. Can you please update the description with a new link please? Thanks!

Hi Chris! Thank you for sharing this great process for streamlining your store/closet to make room for super sellers! Thank you as well for all the informative reselling info you share on a regular basis. I hate to bother you😢 and feel somewhat stupid for asking, but is there a similar process for Poshmark? I'm not on EB yet - intimidated by all the negative hype lately 🥺, plus my listings all have a stock photo as the cover photo 😳. Re the process you shared today, would it on PM? Would we go step by step and simply try the closest option PM has? If available? Again, I do apologize and hope I'm not wasting your time. No rush to reply! Thanks so much! Enoy the long weekend!

Hello Chris.

Very useful! Thx❤

Good stuff

Thank you❤

Just be prepared for a "cooldown" period after all the discounts and such when store reverts back to normal. If you're attracting bottom of barrel customers, expect them to move on when you're prices are normal. Sometimes the algo could attract better customers and pay at full price during the aftermath. Just a thought.

Wow. Impressive.

Would love a rundown of how to do this on Poshmark.

thankyou..

What’s the difference b/w a markdown & discount sale?

I am unable to find this free template you said was on your page. Can you please link

Just started watching, appreciate your ideas. What is your Ebay store, I would like to see your items, thanks?

On day 3 does the 21% off and coupon stack? So you could use the coupon on items already 21% off for 42% discount?

"SOLD-Method" in the title of the video should make it more findable for people who know your content already and more intriguing/curious to watch for new people

I don’t have a store. Any suggestions on how to increase sales without having a store? Currently, I am able to list over 250 items because of a promotion I was given by eBay long ago. Any ideas will be most appreciated. I sell for the need of small (but helpful) supplemental income. Thank you in advance.

1:24 end of Day 1 2:04 Day 2 3:39 end of Day 3 6:24 end of Day 4 & 5 7:39 end of Day 6 & 7 8:24 end of Day 8 8:44 Turbo Charge

So if I have a $100 item does Day 3 mean I reduce my price by 20% by bulk editing and then do a 20% reduction.

I do a similar process but I end listings on certain items that I don't want to steeply discount (example Gold and sterling items). I relist them after the sale ends. It can be scary to do an all in sale.

Great video!😅 -judith

Many thanks Chris😊 Day 4 and already quite a few sales. I’ve tried this method first. Please correct me if I’m wrong- I have reduced all items by 21% so the 21% markdown would mean that my items will be sold 42% cheaper than my original price, is that correct? Many thanks😊

I hope this works, my sales have been almost non existent this month. Hope I can get some sales this weekend with the 21% off and then even more Tuesday and Wednesday with the 40% off

thumbs up

We're currently more a seller of brand new repeatable niche products which are "list and keep running" but at tight margins. I can see this working if you just want to liquidate for whatever you can and get out, but it would wreck future cash flow to sell for half (or less) of cost prices, less eBay fees as well. What would need to be changed to make it work for tighter-margin items without wrecking the future cashflow ? Or is this strictly for clearance items and business close-downs ?

Hey Chris! When you say on day 3 to do a discount of 21%, how is that different from the markdown? I know they display differently to the customer but I can’t figure out how you execute one versus the other. Thanks!!

So the idea is to sell for a lost or break even in alot of volume. So that you can make some profit from other better items? Which means more volume and even less profit..?

This is super confusing! First of all, there is no “discount sale”. There is only markdown sale, which slashes through the price shown. Then the portion about the 40% sale doesn’t make sense. So I’m supposed to keep the original 21% discount, then cancel the 21% markdown then add a new 40% markdown.? That is combined with the original 21% discount for a total of 61% off.?? Any clarification would be much appreciated!

What I do when I’m in a pickle I put all of my expensive items on auction cause I only pay like 5 to 10 dollar on average on my expensive items on a 3 day auction lol

How do you offer a coupon code? I need to get rid of some things. I also have 50 baseball cards i got for a 1 dollar

When you list +10 items a day, does the markdown affect these?

Why not just sell your items at a flea market, don’t have to package and ship and give all your profits to eBay

So with the final 40% off, plus the original discount of 21% the item is discounted 61% in total?? Is this correct? This seems like too much.

The page for the printout is also nonexistent.