Because each of us has a different set of life circumstances, there can be no “Ultimate System” for making money on eBay. There is a Scavenger Equation that each of us should work out for ourselves.
Time (Can you spend 40 hrs/week listing on eBay or 2 hrs/week?)
Knowledge (Can you spot items from across a room in a pile of junk that’s worth a ton of money?)
Opportunity (Can you spend an entire day wandering yard sales, or just an hour on lunch break?)
Vehicle (We assume that most Scavengers will have a vehicle, but car or truck can make a difference in what you can scavenge.)
Storage (The amount of cheap storage you have will determine how you run your business)
Quality of Inventory (are you selling stuff for $7 or $75?)
Homelife (Is your partner/family pro-scavenging?)
Your eBay Business
The different equations we each live will put different pressures on us. You can change any part of this equation based on what you want to do. Answer the question: what do you want? “Money” Okay, how much money? Adjust the equation based on this answer. The sellers who are always angry/frustrated/disillusioned usually have their equation out of wack.
We always remind people that this blog is a not a “how to” because we’ve built our life in a way that allows us to run our eBay business in a particular way. This blog is more like a diary and a place to trade tips on survival. What would you add to the equation? Did we miss anything?
In this podcast, we talked about several links:
—Airlines are changing the size of carry-on luggage. If you sell bags like we do, it’s good to include these sizes in your listing.
–Zach sent us this video of an eBay hoarder. Always be listing.
–Ever wonder who buys old computer equipment? This is what a real collector looks like.
–A caller last week mentioned that USPS will soon charge extra for “Fragile” handling. After some digging, community members found the relevant links. Here and Here.
The Weekly Scavenger Numbers
Our Store Week June 7-June 14, 2015
- Store #1
- Total Items in Store: 3922
- Items Sold: 51
- Cost of Items Sold: $305
- Total Sales: $2,383.60
- Highest Price Sold: $250 (antique wool rug)
- Average Price Sold: $46.72
- International Sales: 8 (6 GSP)
- Returns: 2
- Money Spent on New Inventory This Week: $50
- Number of items listed this week: 106
- Store #2
- Total Items in Store: 253
- Items Sold: 5
- Cost of Items Sold: $19
- Total Sales: $164.95
- Highest Price Sold: $79.99 (Iron candle holders)
- Average Price Sold: $32.99
- International Sales: 0 (0 GSP)
- Returns: 0
- Number of items listed this week: 118
|This cat loves a real antique, Persian rug!|