In this episode of the What Sold Podcast, hosts Matt and Brandon discuss the significant shifts in their business approach, highlighting Matt's transition from eBay to Whatnot due to eBay's increasingly restrictive policies. They explore the importance of adaptability in business, especially during economic downturns. Matt shares detailed insights into his new methods for sourcing and selling jewelry, the diversification of sales platforms, and the emotional and practical challenges of maintaining a small business in a fluctuating market. They also touch on the community aspect of their work, emphasizing the educational and entertaining value of their content. The hosts conclude by encouraging listeners to subscribe and participate in their upcoming auctions and episodes.
00:00 Welcome to the What's Old Podcast
01:19 Types of Podcasts: Generalist vs. Niche
02:31 Building and Maintaining a Small Business
04:40 Challenges with eBay and Diversification
12:10 Success on Whatnot and Sourcing Strategies
21:47 The Long Game in Thrift Store Jewelry
22:14 Navigating Antique Stores and Thrift Shops
23:03 The Role of Thrift Store Employees
25:10 Adapting to Market Changes
26:12 Transitioning to New Platforms
27:24 Impact of Economic Downturn on Sales
30:59 Adjusting Sourcing Strategies
32:34 Balancing Work and Family
34:12 Expanding Business Opportunities
37:58 Optimizing Live Sales
38:58 Conclusion and Future Plans
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