The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

Don’t Sleep on This Specific $0-to-Millions Reselling Strategy | Ep. #156

44 snips
Apr 14, 2025
In this engaging conversation, Shannon Jean, a seasoned reseller and liquidator, shares his impressive journey from selling iPhones to netting $557,000 through luxury handbag flips. He emphasizes the importance of systems in sinking or swimming in reselling, claiming they account for 70% of success. Building relationships with platforms like eBay and Poshmark is crucial for sales. Shannon's golden rule? Always know what you can sell an item for before buying it. Discover the vast opportunities in industrial liquidation and hear his transformative anecdotes!
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ANECDOTE

Handbag Success

  • Shannon Jean transitioned from reselling iPhones to luxury handbags.
  • In three years, he sold $4 million worth of handbags, netting $557,000.
ADVICE

Platform Relationships

  • Build relationships with platform managers on sites like eBay and Poshmark.
  • This helps avoid account issues and opens doors to opportunities.
ADVICE

Proactive Networking

  • Build relationships with platform contacts before needing help.
  • Don't wait until you have a problem to connect; proactive networking is key.
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