Recording summary · February 2022
How I made $1000 a month with my Ebay Business
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Overview
Daniel operated an eBay cross-border reselling business, moving to Japan to secure wholesale prices directly from manufacturers using Japanese language skills, packaging whetstones and other goods from a guesthouse, and mailing batches to customers in England for around $1,000 in monthly gross profit.
A massive earthquake and tsunami in northern Japan destroyed the inventory warehouses, leading to unfulfilled orders, customer complaints, forced refunds demanded under threat of bailiffs and debt collectors, and a permanent selling ban from eBay.
Reselling items from Japan on eBay involves low entry barriers and basic supply and demand principles, and cross-border reselling remained potentially lucrative in 2022 during Japan's closure to foreign travelers.
Themes
eBay reselling business model, sourcing, and logistics in Japan
Impact of the northern Japan earthquake and tsunami on warehouse inventory and business operations
Order fulfillment failure, forced refunds, and permanent eBay selling ban
Developments
Daniel relocated to Japan after purchasing a ticket to source products locally.
A major earthquake and tsunami struck northern Japan, destroying whetstone inventory warehouses.
eBay contacted Daniel demanding full refunds under threat of bailiffs and debt collectors, subsequently imposing a permanent account ban.
Uncertainties & gaps
The precise reasons behind the unique popularity of Japanese whetstones among customers in England were not definitively confirmed, though associations with samurai swords were suspected.