What Would I Do with $10 Million?
October 8, 2024
I've always wanted to create a YouTube channel but never knew quite where to start. Lately, though, I've been selling off things I’ve held onto for years on Marketplace and eBay—just items I've found around the house that I don’t really need anymore. Watching a friend turn his audio equipment hobby into a solid YouTube channel that now brings in monthly revenue has got me thinking. I’ve always liked the idea of creating content on YouTube (working at a local broadcast TV station probably fuels that, too), but I've never really nailed down a niche I’d want to fully commit to.
Over the years, I considered a few different ideas. I thought about dog training since I have a GSD trained in scent detection. Marketing crossed my mind, but it’s a crowded space, and billiards could work if I aimed it at the average player. I even thought about showcasing unique garages and cool gadgets people have, but none of these ideas felt quite right to kick off. Plus, finding time for production would’ve been challenging.
Now that I’ve started selling my own stuff, I realized: this could be the perfect YouTube channel. I could document the whole process—what I’m selling, the money I’m making, what sells well and what doesn’t. I’d get better at flipping through sheer practice, and if I can build a following, maybe even pull in some ad revenue.
It’s late 2024, and while the future of long-form content on YouTube is a bit uncertain with short-form video taking over, I still like the idea of creating longer content for this project. Plus, there are now tons of AI tools that can make both the flipping and content creation easier. Below, I’ll go over some of the tools I think could be really useful for selling online and building out my YouTube channel.
For Your eBay Flipping Business
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Product Research and Trend Analysis: Use AI-powered tools like Terapeak (available on eBay) or alternatives like Sellbrite and Jungle Scout to identify trending products, optimal listing prices, and competitive items. These tools analyze historical data, helping you predict what sells best.
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Listing Optimization: AI can help you write clear, keyword-optimized product titles and descriptions that improve search visibility. Tools like ChatGPT can assist in crafting appealing descriptions quickly, helping your listings stand out.
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Pricing Strategy: Automated repricing tools can adjust your prices based on competitor listings and market demand. AI-based tools like RepricerExpress and Informed.co allow you to maximize profits while staying competitive.
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Customer Service Automation: AI chatbots or response systems can help you handle routine customer inquiries efficiently, leaving you more time to focus on finding and listing new items.
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Inventory Management: AI tools can track and manage inventory more accurately, helping you know when to restock items and when to clear out slow-moving ones.
For Your YouTube Channel
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Content Ideas and Planning: AI can suggest video ideas based on current eBay trends, recent sales, or popular YouTube searches related to flipping. You can use tools like VidIQ or TubeBuddy to find keywords and content gaps in the market.
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Script Writing and Editing: AI writing assistants can help you draft scripts or video descriptions that are engaging and SEO-optimized. This can make your videos more appealing to viewers and easier to find.
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Thumbnail and Title Creation: AI-powered tools like Canva’s AI text generator can create eye-catching thumbnails and titles that encourage clicks. For titles, using keywords and trends that viewers are searching for can boost engagement.
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Video Editing: AI video editing tools like Descript or InVideo can speed up the editing process, allowing you to add captions, cut parts, and even create montages efficiently.
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Analytics and Audience Insights: Use AI to track engagement, watch time, and viewer demographics. YouTube Studio’s analytics and third-party AI tools like Social Blade can help you understand what content works best and adjust your strategy accordingly.
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SEO Optimization: For YouTube success, AI can assist in optimizing keywords, tags, and descriptions based on trending search terms, which improves your channel’s discoverability.
By integrating these AI-powered strategies, you can efficiently run both your eBay business and YouTube channel, all while generating engaging content that can attract more viewers and potential buyers.
