I have this business. It’s a product of my original mid-life crisis. I started it 5 years ago from scratch. Six years ago if you’d like to count my eBay store that has since been banned (a whole different story).
I sell used remote controls. That’s right, remotes. I don’t make a hell of a lot doing it though. It’s a side hustle that I had dreamt of taking full time. Some of my family and most of the people I have told about my business think it’s a bit weird. It may not be the sexiest business, but I’ve done it all on my own and I enjoy it.
My business model has been high volume, low margin. Unfortunately, it’s not working very well for me right now. There are probably too many moving parts for what I get out of it.
I handle a shit load of remote controls. I have a 20x30 ft storage unit full of about 50,000 or more of them. I have to clean them, test them and then create a listing for each one of them.
I’ve had what I consider mild success with my website. I built it myself and get about 5,000 visitors per month. I’m proud of it but am sure many would consider it amateur.
Here’s what I see as the major Pros & Cons:
Pros:
- Decent ROI
- Already have 2500 listings and counting
- Have lots of inventory with decent suppliers to get more
- Easy and low cost to ship
Cons:
- Labor intensive
- High return rate (much like most electronics but probably worse)
- Market is saturated with knockoff Chinese crap
The purpose of this thread is to brainstorm and try to add new life to this business that I have sank countless hours into. I was tempted to give up on it, but am going to give it one last push. I’m not ready to let it go.
I sell used remote controls. That’s right, remotes. I don’t make a hell of a lot doing it though. It’s a side hustle that I had dreamt of taking full time. Some of my family and most of the people I have told about my business think it’s a bit weird. It may not be the sexiest business, but I’ve done it all on my own and I enjoy it.
My business model has been high volume, low margin. Unfortunately, it’s not working very well for me right now. There are probably too many moving parts for what I get out of it.
I handle a shit load of remote controls. I have a 20x30 ft storage unit full of about 50,000 or more of them. I have to clean them, test them and then create a listing for each one of them.
I’ve had what I consider mild success with my website. I built it myself and get about 5,000 visitors per month. I’m proud of it but am sure many would consider it amateur.
Here’s what I see as the major Pros & Cons:
Pros:
- Decent ROI
- Already have 2500 listings and counting
- Have lots of inventory with decent suppliers to get more
- Easy and low cost to ship
Cons:
- Labor intensive
- High return rate (much like most electronics but probably worse)
- Market is saturated with knockoff Chinese crap
The purpose of this thread is to brainstorm and try to add new life to this business that I have sank countless hours into. I was tempted to give up on it, but am going to give it one last push. I’m not ready to let it go.
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