I take a different point of view on selling. I do reselling and retail arbitrage. I buy in Canada and sell in the US, there is a 30%+ difference in currency at the moment, that currency foreign exchange gain is pure profit to me. I also don't drop ship from China, or any other country. I go out and physically source top quality goods from thrift and consignment stores and then resell them at a profit, although this has gotten a bit harder this past year. I know that most can't participate in this because most don't live in places with easy access to the US market, and this won't work in reverse, USA to Canada or any other country except maybe if you can sell into the EU.

In the past year, thrift stores have put up their prices on some of my most popular items by 70%, on the sell side, the consumer being squeezed by higher prices on basic items is look for a bigger and bigger deal. The key is to hold firm on your price and it will sell for a reasonable offer to what you want. I do think this is also an industry that is going to have a lot of people leave it in 2024, but for those that remain, it should be good. Those that got established in the pandemic will do ok, but I am not sure what starting out in this business would be like in 2024...difficult I think given the buy and sell pricing squeeze.

Also remember that you are competing against the likes of Shien, selling new stuff very cheaply, but there is still a market for certain high end and high quality brands...just no all brands as I have found. And niche is important. 70% of resellers are female, I am male, and I am doing well within my niche.