Loved that purse Ryanne. That's something I would have purchased in my younger spend-thrifty years. LOL The kids record player is neat that it went to a museum. I had a tie that I sold recently to Madame Tussauds wax museum in Las Vegas.
French toile fabric is pronounced like "twall." Tulle is a type of bridal netting fabric, pronounced "tool." Love how you sell those fabrics, no matter how you pronounce them, they spel MONEY
The cast iron plaque is known as a Fire mark or fire insurance mark. It is likely a reproduction used as wall decor. Original early marks bring quite a bit of money. For a bit more on these:http://en.wikipedia.org/wiki/Fire_insurance_mark
Ah, this is great info. We'll now know better if we ever find one again. Our Fire Mark was definitely a reproduction. I feel good that we priced it about right even though we didnt know exactly what it was.
that is so cool! thanks for the info. ours definitely felt like a repro. but it was the one from Baltimore that is pictured in the wikipedia article.
I've had a few of these as well (some bigger, some smaller), from the estate of a retired fire captain that had an amazing collection of authentic items. They aren't always reproductions, but also not always super antique. These were used on hydrants for 150+ years (late 1700s to mid 1900s), so yours could fit anywhere in there and based on condition it's likely towards the end of their run.
You sound like me this week. I've had a lot of gsp sales. That's awesome when the USA is quiet. I do have 2 questions though if you don't mind me asking. 1. I notice you sell things with peoples names, initials, or very localized businesses and I always wonder who buys them. What type of buyer do you imagine wants items with other peoples info or company on them. I find that very interesting. I recall Jay once mentioning his vision of a Japan kid wearing a taxidermy hat. And my 2nd q is are there certain types of items you buy consistently that you don't care if it shows a lot of wear? I find myself never buying anything unless its in great condition. I realize I'm probably shooting myself in the foot. Thanks for the video as always. You guys keep me motivated. I'm always amazed though and the prices you pull in. I would imagine I would buy most of what you guys do if I saw it but my scores never seem to be that high consistently.
There is a certain kind of buyer who is looking for authenticity. In this world of Chinese factories spitting out endless amounts of cheap, identical junk, this buyer wants something special. This is why vintage Americana sells well.So I imagine a kid in Japan/Brooklyn/LA wanting a hat from a small local business in a "weird part of the world" (ie our small town). The hat brings up an image of life that feels real and not just the giant conglomerates swallowing up the world. Do we buy items that have a lot of wear? Some items lend themselves well to being "distressed". Leather jackets, boots, and bags. The wear on leather looks good. Wood items also can look better if they're a little beat up. We know it when we see it.
I think there's an authenticity factor sometimes (with, say, vintage workwear, old leather boots, vintage LL Bean, etc.) but I also think there's often a sort of ironic kitsch factor involved with the trucker hats and t-shirts. My brother used to wear an old t-shirt which said "Someone at the Pentagon Loves Me." He wasn't wearing it as a tourist item, but as a sort of ironic political commentary. There's also just the fun factor of being an adult and wearing a "Mr. Bubble" t-shirt or a "Two-Fingered Jack's Fireworks" t-shirt or whatever. Some of the names, companies, and logos taken way, way, out of context can be funny and appealing in a totally different way from what was originally intended.
Totally agreed. Irony, Nostalgia, and Authenticity are the currency we trade in.
The same reason that a fishing bait company in FL is named Jack's Master Baiter Shop. It starts a conversation, gets you attention, and you will unlikely forget it anytime soon .
My husband has a T-shirt from that place and I am always tempted to "accidently" spill bleach on it.
Where can you see how long an item has been listed or when it was first listed? I have never seen that feature.
It's only available for Good Till Cancelled listings. Then you just go into my ebay and then click on the date column and it will show then to you in chron order. Mine only go back to 2012, which is when I changed all of mine to GTC. If you used 30 days or any other, it doesn't show that info.
Margaret - Do you have a premium store? I don't see a date column in my basic store.
Go to Seller Dashboard --- Active Listings. On the upper right, you'll see a link for "customize" in small letters. When you click, it'll let you customize the fields you see. "Start Date" tells you when the item was listed. Since we have always listed GTC, we can sort our active listings and see how long items have been listed.
Jay, Thank you. I never noticed the customize button before. 2012 is my oldest date, also. I have 20 items that have been sitting in my store since 2012 - very good info.
I meant to mention this on last podcast but that cat selling man has like 100 categories and yet almost all of his items are military based. That's too many dag on categories.
Ryan, How do you tell if a rug is Persian? I have several rugs I picked up at auction for $5 each. I also need your expertise on shipping a flexible 3" x 5' Gas line that connects the meter to the street line. I haven't listed it yet because I'm not sure how I will ship it. Maybe wrap in bubble wrap and cover with several poly bags? Thanks again!
i'm no expert. as you heard me say it was either persian or turkish, two totally different cultures. but if you look on ebay for those names you'll see the styles of rugs that look similar. i've also done a lot of googling of what a rug might be. rugs with little animals which i own like 5 of myself are gabbehs, i only know because i googled it.
How are u shipping large rugs?
all of our rugs are kilim or flatweave rugs. so they can get folded rather than rolled. they're like a thick wool fabric almost. so the last 2 rugs i sold i did the following-- fold up as small as i can, wrap in thick trash bag or thick plastic dry cleaning bag etc, either put in a box that it will fit in, or put it in 2 poly mailers- one inside the other for double protection. never had a problem with that. helps with the weight in shipping as well.
Ryanne, have you ever sold a factory made generic rug?
i generally don't buy those because they are not interesting to me. but i do have a little kids ikea rug up now, that's machine made.
HOLY VINTAGE HALLOWEEN MASK BATMAN!!! Srsly, super sweet. I would've pooped my Batsuit if I saw that @ my thrift store. It's all about putting yourself to be out there to find these things.
The 1971 Fisher Price Music Box Record Player can bring some good money especially if you have all 5 records. But be careful there was a 2010 reproduction made and it isn't worth diddly
Questions:Those that do this full time as their only source of income has it affected your credit score in any way? And have you pulled your credit report since you been doing this full time?If you're younger and doing this full time how do you think it will affect your social security when it comes time for you to collect, will you receive full benefits or no benefits?Since Obama care Affordable Care Act is now the norm for USA are you able to afford health insurance and pay with eBay earnings or are you going without insurance?I think if one decides to do this as a full time income they need to ask themselves the above questions at least for USA. Dropping out of the labor force can be tough in the beginning it takes a lot of hard work to be successful when you start your own business.
These are great questions. I was always worried about leaving our traditional careers and jumping into eBay full time. I was 35 and Ryanne was 29 when we started this journey. --Our credit score is in the highest category. Why would selling on eBay affect this score? They are judging you by your ability to promptly pay debt and by how much debt you safely carry. We've had no issues getting land/home loans at good interest rates. --We pay self-employment taxes + Federal income taxes each year on our eBay profits so we're paying into the Social Security system. We'll get normal benefits like everyone else when we're old and gray. --The Affordable Care Act is one of the best things that could have happened to eBay sellers. The entire point is to detach healthcare from having a job at a company. We have full health and dental insurance now. Because we were able to shop around, we got a really good deal. As freelancers, we didn't have any health insurance before because it was too expensive. We've both had physicals and minor dental work done recently. I encourage any eBay seller to just check out https://www.healthcare.gov/. Check the different plans. 2015 enrollment is over, but it'll open up again at the end of the year. --I agree about being serious and thoughtful when starting your own business, especially when young. I was very worried that we were giving up our "careers" to sell old shoes online. This is why we still take on jobs every year in our career field so we still have a toe in that world. But really, I could never go back to working for someone else full time. Once we got a taste of this freedom and made the numbers work, we learned there was nothing to be afraid of. I was more afraid of becoming an empty husk after giving my lifeblood to series of random companies over my lifetime.
Anyone looking into any type of self-employment should answer these questions. These are not limited to trash elves by any means. My husband is also self-employed and we buy insurance through an ACA exchange. Our health insurance bills were more than halved.
The ACA also brought my health insurance cost down, AND, I can honestly say that it is probable that it has also lengthened my life since I had a serious health issue recently that required surgery and years of follow-up care, frankly if I hadn't been able to get insurance through the ACA, I don't know what I would have done. "Obamacare," whether you like this President or not, is saving lives. I also urge every self employed person to carry insurance because you never know...(I was thunder struck with my issue, I didn't feel sick at all.)
"An empty husk" That seriously just made my day.
God Save The ACA.
I got a Cha-Ching and the item notification about 30 min. ago but no sale shows? Checked paypal nothing posted, checked sold listing not showing item sold, no emails either, no messages from buyer or best offer? I'm confused?The only thing I can think of is maybe they tried to pay and it didn't go through??Strange, has anyone every had this happen?
Does the item that supposedly sold still have active listing? Or does the listing page say it's sold? We've had some time delays but usually something comes through. I would call eBay.
still active.does not say sold.I'll wait a few hours to see what happens.
I've heard that noise when someone paid before i changed my sounds. Maybe its a sound for something else going on.
I got another Cha-ChingThis time I paid attention to the Notifications before swiping them away. I usually just go straight to the ebay app to see the details.Two notifications came in at same time stamp. First was an item I was watching expiring soon notification. Second was item paid that I already shipped out 3 days ago tracking says out for delivery so that should closed soon.When I click on the second notification of iteam paid (that I already shipped it said invalid token), Usually this click would take me to my sold items in the ebay app so I think its confirmed that its an ebay notification glitch. I find nothing still that has sold.Now the Internet suffered a major outage during the beginning of this week for my area SE so I wounder if some of ebay servers in the eastern USA where affected? Maybe they are re-syncing data or moving servers?Anyone else experience internet outage during the past 4 days?
You could always uninstall and reinstall your app.
I often get "ghost" notifications on my phone -- when a new notification comes in, an older one I've already seen will also re-appear.
reinstall the app or restart. that solves my weird glitches.
Hey everyone, so I just went to bulk edit my handling time in selling manager pro and it has been removed as an option. Instead ebay has created all of these shipping policies based on my listings, which for me and for most sellers that deal in unique items are completely different. I just got off of the phone with eBay and they confirmed that there is no way to edit handling time other than to edit each shipping policy individually which would take forever. So I have just put it on vacation mode. Just wondering how everyone else is managing to bulk edit their handling time. Thanks!
i believe you can opt out of business/shipping policies. i had that issue on our second account a while back, i called ebay and asked how i could turn it off and they told me. i can't find the documentation at the moment, but will try to find it and link it here.
I just bulk edited handling time about ten minutes ago. I was out of town for six days. When I left I bulk edited to change my handling time and again today I bulk edited it to change it back. I didn't have any issues. Very weird that you are having a problem and ebay confirmed it and I can still do it.
Thanks Ryanne that would be super helpful!
in the forums they say it's under Account > Business Policies and you can opt out there. >>>http://is.gd/J7pm5b
Thanks Ryanne there there is something very inconspicuous on the top of the page in very small print that says opt out. It worked!
good. don't know why they didn't tell you that on the phone!
Thanks for this info. I had trouble editing my handling time last summer. I just did it in groups because I use only about 5 different shipping costs and I never have more than 150 items.
So I have a question. I will call ebay but wanted to ask here as well.I had someone just make an offer on a very expensive item. A recent user ID change and other red flags give me pause. Watchcount shows that he has purchased similar equally expensive items recently but these items aren't showing up in his feedback or the seller's feedback. My question is... Is it kosher to contact another seller to ask for feedback on a potential buyer? Has anyone ever done this?
There's no issue with contacting another seller about a buyer. We had a seller contact us once about an issue like this.
I've done it a few times. I do tell them to please not tell their buyer I contacted them though. I'm a paranoid person by nature so I never use the buyers name so I might say a recent buyer of your hats. They always know who I'm talking about. But you can be straight forward.
I need help with offers. I hate the back and forth game. And buyers will use it till the death. But if um selling an item for 40 and they offer me 10 I normally counter back with the lowest I'm willing to go since clearly they are trying to get it cheap. So I might sat 30 as a counter. But then they counter back at 15 or something. I've already given them a great low offer but I don't just want to decline their offer either. Does it look screwy to keep countering back at the same price? Or should I have only came down a few dollars the first time so I ended up at 30. I just don't want to counter high the first time and scare them off. Would like opinions. Thanks.
I typically counter with my walk-away offer if someone is seriously lowballing me, then I'll reply with that same offer when they counter. I typically add a comment to the effect of "this is the best I can do." I'm not really worried about looking screwy by drawing a line in the sand, just look at it as being consistent and professional.Granted, this all depends on how my store is doing in a given week and how hungry i am for a sale. I'm also relatively new at this so take that with a grain of salt. This has just been what has worked for me lately.
If $30 is the lowest you're willing to take on your $40 item then I would just stay firm on that. No need to keep going back and forth. If they counter with $15 either counter back with your same $30 or simply decline their offer. Why are you afraid to decline someone's (low) offer? There will always be another buyer. Honestly, I've stopped putting Best Offer on low dollar items and if anything, my sales have increased.
i try not to put make offer on anything less than $50. then just counter or decline. it takes 2 seconds. sometimes people are crazy like offering $15 on something that's priced $115. then i just counter or decline.
I have an item listed for $333 with make an offer. Someone offered me $5 for it. The nerve!
counter or decline. that's all there is to it.
well not surprise here I done with the best offer BS I rather spend the time listing than back and forward on $ 10 bucks with some jack ass And this is something that I observe those costumer that ask for insane discounts normally will not be happy whit the item and you end up with a return so if the offer is reasonable 15% to 25% I go for it but otherwise take a hike jejeje
Not sure why some sellers get so emotional about "make offer". --If you dont want to see low offers, then just set 'auto-decline" when you list. --Otherwise it takes 5 seconds to counter any offer that comes in. --We also only put "make offer" on items over $50. You're asking for heartburn allowing people to make offers on already low priced items.Yesterday we sold 5 items. 2 of those sales were from "make offer". It's a significant part of our business. We like offers because it's the opposite of an auction where you start low and hope it gets high. Instead "make offer" puts the power in our hands where we start high and can decide how low we're willing to go. Some days we are hungrier than others.
I agree about adding a comment. If you just make a counter offer without a comment, then the buyer thinks you're still negotiating - can't blame them for that.
That's interesting. I never think to comment but I bought something recently and was negotiating the price and when she said "This is the lowest I can go" it DID seem quite final. Thanks for mentioning this. I think I'll employ it myself.
agreed, i will sometimes say 'last chance' or 'best i can do'. it's always a 50/50 chance they'll buy. always worth a try though!
This is a new one on me but buyer bought something from me from Canada and he said it won't let him pay. I don't know if this is a gsp issue or what. I then just sent him a normal invoice and it let him pay thru that. I don't know how the fees between countries is going to play out. Glad to be rid of this item though. Had a lot of interest and offers but all too low.
Man I goofed. I didn't think that Canada is still internationally. That's why he couldn't pay. My listing was set up for domestic. I went to calculate shipping and its a lot higher than expected. Plus I had it priority boxed and now need to ship it first class into. Bummer.
how could they have purchased it at all if they were in Canada. if you don't have int'l shipping selected i don't think they could buy it. but was it a make offer?
Yes. Make offer.
Anonymous, I highly recommend you turning on GSP (global shipping program). You only ship to Kentucky and eBay takes care of the rest. Who cares if the shipping is high. If the buyer wants it, they'll pay for it.
That's the thing I do have global turned on. I don't know if maybe I opted out on Canada or what happened. Oh well its over now. I'm just out 7 bucks.
I'm curious to know how many hours in a row you guys can list. I did 5 today and I couldn't convince myself to do any more. Maybe if I take a nap and recalibrate I could do some more later, but it feels like this is my max. It's weird because I work 10-11 days of physical labour at my regular job. I guess it's because I have no choice there. I'd just like to know how much stamina everyone else here has!
Sheesh. I can't list that long. After an hour I start getting tired of sitting. But I'm stuck at a desktop computer. I will list for a few hours if need be but that's it for me. I spend time doing other eBay related things away from my desk. Then it can stretch out all day and I dnt care because I'm watching TV or talking to ppl. But I do wonder if I treated like a normal job and just focused tasked how much faster it would get done.
4-5 sounds right. with little breaks here and there to do other things (um rental house laundry!).
We get a lot done in 5 focused hours. That's a huge pile photographed. That's a couple folders listed. Running an eBay store isnt about becoming a slave. Its about consistently putting in time as part of your routine.
I list an hour, photograph for an hour, and research for an hour. It breaks the time up. Like Jay and Ryanne say, it's hard to list things your not interested in.....it's a lot like work. Buy things that your excited about listing.
Thanks for the replies. I do want to make sure that I "balance" my days off so that I don't burn out. I was listing a huge pile of fabric (I literally have a wall of vintage fabric in my basement from years of collecting) and while I do love each and every piece, I was getting antsy with the job of measuring and listing. I have a daily goal of $500 worth of stuff listed and then I tell myself I'm ok to stop. Yesterday I actually enjoyed myself in the evening with my papercrafting for once. Usually I feel too guilty to sit down and enjoy it because I know I have so much to list. My boss has given me the rest of the week off-this is usually a very rare occurrence but is becoming more frequent and it makes me feel equally terrified (have to support myself) and excited (like I'm in prison and I now have the time to start working on my escape plan.)
It should go without saying that you should be relaxing and have time to work on other projects. I find that we really pushed ourselves in the beginning because we were making sure our store would generate the income we needed. After all that work, we're now just maintaining the pipeline.
That's great to hear Jay. It's very encouraging.
Has anyone confirmed any details about the new Special Handling Fragile sticker situation? The sticker itself is on the usps website and this is all it says about it"This 3.00” X 1.857” label may be used in place of printing or hand-stamping the required marking of Special Handling-Fragile to mailpieces when this service is either requested or required, and the extra service fee is paid"I can't really tell if their saying if you mark it fragile it will cost you now or not. And if you think fragile doesnt make them handle it any differently then why put it on there at all. And now if you mark it fragile withe these stickers they will definitely handle it differently and it will cost. Surprised its that high of a cost.
I just wanted to encourage people with eBay Stores to really look at all of the features they have available to them that they may not know about. I've had an eBay store for a while now but never really clicked on all of the links I see available. And when I did I realized all of these things that were available to me that I've never taken advantage of.
FYI - On your site, i added two items to the shopping cart and it displayed the following: Subtotal (2 items): $49.98 Shipping to CA $21.34 Import charges:$14.21 Total:$85.53 (CA=CANADA). Both appeared as Expedited (7-14 business days) International Priority Shipping Cheers!
I know you have said you don't keep a lot of stuff but I'm having a hard time with it. If I take your advice and buy what I like and I'm passionate about then I'll want to keep the stuff. Esp if I'm finding cool stuff I could never afford otherwise. I sometimes think maybe I need to sell things I don't care about. Then I'll have no attachment to it. I don't see how you don't get attached to items you've picked, researched, and cleaned. By then I feel invested and hard to let the item go for less than I want for the attachment value. That's if I want to sell them it at all.
I would sale anything in my house for the right price. Except my Wife, Kid, & Dog... I wouldn't sell them because I couldn't find anyone else who could put up with me!
Sam, I think the idea here is to buy things that engage, interest, or speak to you on some level so that the process of dealing with the items isn't a chore. I think you want to be passionate about the whole process of sourcing, researching, and selling the items rather than truly, deeply passionate about each individual piece itself.
I should add that sometimes the only reason something "speaks to me" is because I've seen that it will sell. It's not always an emotional reaction to the inherent exceptional qualities of the piece itself!
This woman also has a hard time letting go of stuff she finds: https://www.youtube.com/watch?v=HlazJmPOA-o(Thanks Zach for the link). It's an important trait for any Scavenger to want to get rid of everything. I know we have zero desire to keep anything. It only makes me feel good to get cool items into the right hands.
I started out picking for myself, so I feel your pain in sometimes not wanting to let things go - I didn't want the reproduction fake home decor you can get at HomeGoods, Walmart, etc... I wanted things that were actually distressed from age instead of things that were just painted to look distressed. Soon after starting to go to flea markets and estate sales, I started finding a lot of things that weren't necessarily my taste or fit in my decor, but I knew they were worth more than the $1 price tag on them. So I started picking up things here and there and reselling. Soon I had 20 items in my store, 50 items, 200 items, and now 750+ items that I just think that someone would like. I still buy things for myself from time to time but I've shifted to going out for the purpose of feeding my store instead of collecting anything. That mindset that the item is for my store has detached me from any sentimental value - if I had the mindset of looking for something to me, it would be much harder to let it go for any price.I've also taken the mindset that I'm trying to save something from the landfill and get it to its proper home - whether it's someone 2 blocks from me or around the world, there are just somethings that deserve the chance at another life instead of being discarded.
Brian, that is exactly how and why I got started as well. Nothing makes me happier than rescuing something from the waste stream that has no business being there. I've placed a lot of those items with some very grateful people. Now I just need to get my listings up there like you!
That poor lady. There are hints that she started out organized (the clothes racks and shelving with USPS boxes on it) and then somewhere along the line it all got out of control. If I knew her and lived close by, I would help her to organize that. It looks like half of it should be thrown out. I have to get back to work now before MY snowbanks start to take over...
That video reminded me of an estate sale that I went to several years ago. It was in a rather grand house and there was just room after room that looked like the house in the video, in the foyer there was a rack full of wedding gowns. It was overwhelming. The company in charge of the sale didn't even try to price anything - you just went in with garbage bags and flashlights and when you came out they looked in your bag and gave you a price.I didn't get anywhere near as much as I could have because it was just so depressing to me.
An old aquaintance of mine recently called me because she wanted to sell some deceased of her mother's things. She has already sold the house and has a houseful of mostly junk. I remeinded her that she wanted me to buy some of her things a few years ago, but when it came down to giving me a price she wanted me to pay her what she paid New! She asurred me that she had to sell and begged me to come over. It was a waste of time. I finally got her to give me an acceptable price on a couple of boxes of items. The next day she came to my house and wanted them back. She gave me my money and took her things back. I was glad to be rid of her. She is a classic hoarder. You can not separate a harder from their hoard. I think I guess all that stuff will still be in her mother's house on closing day, July 1st. What a mess!
Has anyone ever sold their clothing items to Thread Up or another online used clothing store?
My wife uses ThreadFlip & PoshMark for her clothes that she doesn't wear anymore. She gets really good prices (usually 25%-50% higher than my research on eBay), but the volume isn't there - she might only sell one item every week or two. That's fine for her since she's not trying to make a living off of the stuff, but proceed with caution if you'd like the regular stream coming in.
I have never sold anything to Thread Up, but I have purchased from them several times. I dress in business attire for my job, so I can get high end brands from them at a good deal. I like the way you can search the site by brand, color, size, etc. Shipping is free both ways, so anything that doesn't fit or you just don't like can go right back, no hassle. They also package very nicely so you feel like you are getting something new even though it is all secondhand clothing. Good sales and promotions, too.
This is a silly thing, but I noticed the blue IKEA bag hanging by the door in the entry way. Are they not the best??? I don't have a store anywhere near me but found a used bag in the Goodwill store for free, I have carried it for a year and use it for hauling items around, shipping, groceries, firewood..lol I am a blue bag sup-ah fan
we use them like crazy. i think we have about 20. they are essential for holding mail for the carrier to pick up. plus now i used them to transport linens to and from the rental. i couldn't live without them!
Jay you've mentioned you stalk a few peoples stores. What's the reason for it? What are you learning by doing it or is it sheer enjoyment because you like what they sell? What's the difference between watching them and just watching general what soldbinfo on eBay as a whole. Just wondering.
Good question. We get info from all kinds of places. We just went scavenging yesterday and are going through piles of stuff. With each unfamiliar item, we do a quick keyword search (sold items--highest to lowest) and quickly learn what this item usually sells for and what details make it most attractive. This makes me love eBay so much. We're always getting more knowledgeable for our next scavenging trip. This is one reason why I get frustrated with new sellers who seem ignorant/lazy/unaware that the info is just in these simple searches. There's no mystery at all. But we do like to follow some particular sellers because they have an incredibly interesting view of the world. I like to see the stuff they scavenge. They sell items I would skip over. I wonder where they find this stuff. Sometimes it's led us to new places. Usually these sellers have very deep knowledge of particular items that I can't gain from scanning "sold searches". It's fun to learn about new items that 99% of scavengers would miss. Makes our job easier when we're out in the world. I would hate competing over very well-known items (like Nike sneakers) I also just like to watch other seller's style of selling. How are they using Auctions, Buy it Now, Best Offer, Free Shipping? Many sellers have their favorite hypothesis about what works, but it's only interesting when you see someone's hypothesis in action. I often see sellers strongly advocate for a particular way of selling, but then I watch their sales and the numbers dont play out. On the other hand, sometimes a seller proves that a better technique works, so we change our style. This is why I ask people on this blog so many questions when they put forward a new idea. A good idea should stand up to scrutiny and have a history of success. I think I already have nostalgia for this time we live in. I imagine I'll be old and gray, boring anyone who will listen with endless stories of what it was like to live in a country that had so much incredible treasure just waiting to be picked out of the waste stream. Those were the days! And the more I researched, the cooler stuff I found! You could buy the stuff for $1!
I believe I just dodged a scam attempt. I have a high priced ($3799.00), brand new piece of electronics I am trying to sell on ebay. I got an offer today for $1000. Big time low ball offer, but I was prepared to play the game, and hopefully settle at 3000. This unit sells for about 5000 retail. I looked at the name of the potential buyer, and he or she was located in China, with 0 feedback. They just joined ebay today. When I click on the name, in their "collection" they have an item related to the unit I am selling. I decline the offer. They send a message, in Chinese, which I translated as "I was in China , I hope you can pass international shipping logistics , freight we bear , we also assume duties". I respond, in Chinese that I cant ship this internationally. They immediately send another offer of $1500, which I declined. Maybe I am paranoid, but I couldn't risk it. Everyone be careful out there. On another note, any advice on selling such a high priced item would be much appreciated. I have it listed twice, once normally and once as local pickup. I have also listed on craigslist. I have 3 watchers on ebay, and this item has been on sale for months. I can link to the item if anyone wants to see it.
Other than the fact that they just joined today and have 0 feedback the rest doesn't seem that shady. But if their offer sux it doesn't matter anyway. I wouldn't risk selling a high dollar item to someone with 0 feedback anyway. Others might. Have you done a watch count to see if they have bought any stuff today?
Remember that eBay also offers Seller Protections. If you sell an item through GSP, all you have to do is get to their Kentucky warehouse. eBay guarantees the item after this. We've had items get lost/damaged/? through GSP and eBay eats that cost. They even deal with the buyer.Domestically, all you need to do is mail the package with tracking (and insurance on such a high dollar item). As long as the item says "delivered", eBay/Paypal will back you up. We've never lost a case where the tracking says "delivered". So Im not sure where the scamming can come into play. But I understand your hesitancy selling a $4k item to a new buyer in China.As far as selling any kind of high priced item, it can take time. When you want $4k for an item, there's usually a very small pool of buyers who may be interested. I wouldnt freak out till it was listed for at least 12 months. Feel free to link to it here in case someone here knows that market. You could keep lowering the price (and then may get bought by another dealer who has more patience than you). You can try an auction too but that could also just mean dumping it at a low price. What's your motivation for getting rid of it quickly? Do you need the space? Do you have a lot of money tied up in it? Or does it just "feel like its sitting there"?
Also note that joining today doesn't always mean they're a scam. eBay now allows you to not be a registered user to make a purchase, so they may have made purchases before, just never registered. They usually have a weird users name that is either a bunch of letters/numbers generated by eBay or even "member12345". If they give you money, sell it to them.
Wow I am truly blown away with this community. You all are so quick to respond with useful info, I really appreciate it. Here is a link to the item- HomeI'm not in a huge rush to get rid of this item, but it would be nice. I will definitely say it is taking up a lot of space in my limited storage area, and yeah, I feel like it is just "sitting there". I actually have no money invested in this. It was given to a friend as a gift, then regifted to me. I originally planned on using it, but eventually decided against it. My friend (pretty well off) said I could sell it if I wasn't going to use it, and thats why I started selling on eBay, and eventually found the Scavenger Life podcast. Now I am hooked on eBay haha. I am still in the inventory building stage of this business, with 157 items in my basic store. Since you all replied to my question, I have changed the shipping for this item to allow for GSP. All of my other items are allowed to ship via GSP, but I was nervous with the price and weight of this item (60+ lbs). Sorry Jay, I should've known that my job is just to get it to Kentucky, because I have listened to all of your podcasts multiple times. So much info to retain though. We will see if this item sells eventually.So yeah, it would be great if someone wants to review this listing and suggest any changes. Any advice on my store in general would be awesome.Thank you
Those machines may sell for $5k retail, but your the highest price on eBay: Teac P-55 for saleI'm all for having a higher price than other sellers, but then you just be patient. If you're trying to dump this thing, you have to price competitively. Remember that this is not a vintage, nostalgia item that someone will pay big bucks for. This is a piece of used electronic equipment that only gets less valuable as time wears on.
not sure you'd be able to ship that int'l. lots of countries limit shipments to 50-60lbs. i checked your listing and i don't see international options, so ebay might have nixed that from GSP.
I've just had a peek and the item looks sold. If so, huge well done!!
Yes, the item sold. I added GSP to the item, and informed the buyer. We settled on $3000. Still waiting on payment though, fingers crossed. It is like 3am in China right now so I hope they pay when they wake up. One odd thing - usually when I sell something using GSP, under the sold item there is an ebay note that says "this item was sold under the global shipping program" or something like that. That was not the case with this item. I called ebay to confirm that this is GSP and they said yes. Now just waiting for that cha ching! Thank you all so much
were you able to send them an invoice? if so, it's not GSP. and the invoice would have had their address on it.
That is another thing I talked to ebay about on the phone. I noticed it would have allowed me to send an invoice, which I knew was wrong. I did not send an invoice and the ebay rep told me that if I did, it would deactivate GSP setting. I asked her about 5 times to confirm that this will ship via GSP and she looked at my item and confirmed. She said it might be a glitch that would allow me to send an invoice and the ebay note about GSP didnt show up
when you click on the order details page, what is the address? you will see if it's GSP or not---your sold listings page, click the number next to the order
Yeah its showing a chinese address. I don't get it. The only international shipping option I had for this item was GSP. And the ebay rep told me multiple times it was GSP. Any other suggestions or ideas before I call ebay back?
from what i understand, that is not GSP, that is being shipped directly to China from you to them. on that orders page it should show the shipping method that was offered. did you have an alternative shipping method for non-GSP countries? i usually have USPS Priority as an alternative.
Congrats on the sale. Some categories of items can not be shipped as GSP. If you had an alternative shipping method turned on, then that item is shipped that way.Ryanne, if he had to ship it himself to China, could he ship Priority with tracking and insurance? Would this cover him if the item was lost/damaged?
right, the great thing is, like Jay is saying, USPS should have full tracking and you can insure it to China and it should be fine. you will have to buy insurance through USPS in person (not sure shipcover or shipsaver go up to 3000+). but you should be fine, but check the weight limit for USPS to China as well. just things to keep in mind.
And often international buyers try to talk us into shipping items First class because they want the cheap shipping. we tell them no way because we bear the risk if there's an issue. we remind the buyer that Priority Shipping allows for full tracking and insurance that protects them.
I don't believe I set any alternative shipping methods for this or any items. I am so not comfortable shipping this to China. This seems like a big problem. Has something like this ever happened to you? I guess I have to call ebay again
the order details page where the persons address should say what the shipping method is. but calling ebay again, is a great idea to get the correct answer.
yeah, call eBay and ask the customer rep to show you where it says it's GSP. It should be telling you to ship to the eBay warehouse in Kentucky. I'd say $3k is worth a couple phone calls.
Called ebay, and apparently this item is not covered by GSP if it is going to China. The rep I talked to said it was an ebay problem that allowed this buyer to purchase this, even though it is not covered by GSP. I was told to contact the buyer and let them know I am cancelling. They said do not cancel until the buyer confirms my request. I informed ebay that if it was their fault that I should not have to wait for the buyer to confirm the cancellation. They then connected me to a specialist who is digging deeper as to why this happened. I am on hold right now. Groovy music lol
The specialist said this is a strange issue, and a glitch or problem with ebay. They said to cancel the order, and not to worry about contacting the buyer. They said I will not get any defects on my account. This sucks, but I will relist and forget it. Thanks!
This morning I sold a shirt to someone in Japan, I had listed it 2 days ago and I'm pretty sure I had GSP on it. Buyer paid and when I went to print the label it was the buyers address in Japan =/It's the second time this happened to me recently. I think they are having some glitch...Vania
A lot of electronics and computer related items are not covered under various insurance policies, too. So if it sells be sure to check that out in advance.
Has anyone heard of Gelato? Not the ice cream lol. Well I was at the GW today and they had a big set of figures, animals, trees, etc.. And there was the same price on all of them so I asked the GW guy if it was a set. Come to find out they had a lot more of them and they were all priced individually and high. So the guy pulls out his phone and pulls up eBay to show me why they were that price. Inside I snicker because I'm a shark to his fish when it comes to eBay. I said that's just what someone is asking for it, it doesn't mean it sold for that or will ever sell for that. I said check sold listings and 1 item pulled up different than what he was showing me. He kind of shut up after that and agreed they should lot them together. Unfortunately though his manager was set on individual pricing and some items were small, all breakable, and at a kids reach. That's a disaster waiting to happen. So I continued shopping but couldn't stop thinking about them. They looked cool and originally I just wanted the trees for myself but no way anyone will buy them like that. Oh well. Then as a funny side note this old lady was putting stuff on shelves and I saw something cute so I just picked it up while she was always and she said I couldn't have it until she put it on a shelf. So then she walked over and out it on the end cap for me to pick up. What the hell lol. Adventures of GW. I know most ppl here don't like the GW anyway but I say why pass up cool stuff if you can get it cheap. Shouldn't matter where it comes from.
Jay or Ryanne: Have you sold anything yet on a non-templated listing? My last 4 listings have been without a template and I'm biting my fingernails about it. I've been doing templates for so long . . .Caren
yep, non-template sales have happened in both stores. don't worry, if your photos, title and description are good, you'll be fine!
I don't get why you would think a non template would hurt your sales. From the gallery a buyer has no clue you have a template. Once they click on your item they will and at that point it's a matter of do you have good pics and a descriptive that makes them feel safe buying your item. Granted a template can make a seller look more professional and established but most people don't care. That would only come into play if they saw someone else selling that item and trusted the professional looking page more. Then again sometimes I see a nice template page and assume the seller will be too bustly to treat me as an important buyer. I feel like a number to big sellers. But a non template page needs to still look presentable. Try not to jumble in everything to where it looks like a kid is selling something.
You just did the perfect job explaining the pros and cons of a template. When we started in 2008, using a template and hosting our own photos made sense. We've just evolved with current buyers who are much more sophisticated today than they were seven years ago.And yes, dont make it look like a kid is selling your item. Good advice.
When I buy on eBay, I personally don't care if you have a template or not for your listing. I always turn first to the feedback - whether you're a big or little seller, if you have good feedback I'm comfortable buying from you. If you have multiple negatives or even neutrals because something wasn't as described, I'm not going to buy from you. Because of this, I don't waste my time on templates when listing, I spend my time explaining the item - flaws or not - so that my feedback is always blemish free. 2153 feedback and counting with no negative and only 2 neutral!
Aside from the misspellings in my response above, I think you like me better anonymous. When I respond under my name I rarely get noticed. I get nervous at times and go incognito. Or I'm just lazy and don't want to type my name. Whateva.
I'm glad you feel you are getting the attention you deserve.
It depends on the hat. I've got a few that I can't seem to even give away
Well, I have been inspired by everyone to get back to listing. I still work two jobs so I only have one item listed.I have a question.............I have a high bidder with 0 feedback, who has requested to cancel the five bids they have already made. Does the bidder have to contact Ebay to cancel? I have no clue how to cancel someones bid.
I think I found what I need to do on the Ebay help pages.
oh my goodness, just want to add, I have a fear of becoming like that lady who started out organized then became a hoarder.....Imma gonna start getting rid of all the stuff I have shoved in totes everywhere!! Be it selling on Ebay, Bonanza or just selling through a consignment shop.
I resemble that remark!
Do you ever notice you see eBay stuff everywhere even when you're not shopping? Like at a restaurant I notice stuff on the walls or a hat on a man's head. And last night we went to see Jurassic World in Imax (what a money sucker) and every time there was an item in the movie I made a mental note to look for it at the store because its about to be popular. So dinosaur stuff, the original jurassic park shirt, and maybe even a view finder will be popular for a bit. They made a point in the movie to bring attention the the Jurassic Park shirt and even said he got it off eBay and how much they sell for. I like it when the reverse happens to when I have an item and then a show, movie, or commercial mentiones it. I know mine will sell soon. Score!
Good score on the Lyle & Scott cardigan. It looked 1950s from the label. Sure enough, it is according to the link here; http://vintagefashionguild.org/label-resource/lyle-scott/Around the same time there was a collaboration with Christian Dior for cashmere but the designs are more interesting when I googled for images. The site I've indicated clearly shows that Dior would also be on the label.
I'm not sure if you guys ever figured out how to get rewards points from eBay by paying shipping/fees with a credit card, but we just did it with American Express. I empty our paypal account 2 times a day, and all our shipping and fees are showing up on our card as eligible purchases for frequent flyer miles or rewards points.
Looks like we'll end up spending around $90,000 this year on shipping and selling fees.
Mr. Smarty pants. Why have I never thought of that. Maybe because it seems too much for me to keep up. I'd end up in the middle of a money confusion. I applaud you though.
It's really pretty easy. All you have to do is keep your paypal balance empty and everything takes care of itself. Worst case scenario, you forget to empty your account, and you don't get credit for some purchases.For those using GoDaddy Bookkeeping, you can keep your paypal account empty, and the software will still log each transaction as if it went through paypal (so you don't have to worry about keeping track of everything).
So you're saying you keep your PayPal empty so everything will default to your back up funding source? I wish I had thought of that earlier when I had more fees going on. Most of my credit cards are just cash back cards but I've always wanted a milage card. We never fly anymore due to high costs. Was much easier when I worked for an airline and could fly for free. But pay was abysmal.
Bryan how do deal with refunds if your PayPal account is at 0?
The refund would come out of your back up source, but it will still be logged through paypal for your online bookkeeping.
Weird - I just did this before seeing this thread but aren't you able to just put your credit card as your primary payment for sellers fees? Then you don't have to empty your PayPal? I just changed my automatic payment method for Seller Fees to my reward card as my primary and everything seems to have gone through...
I think PayPal is discontinuing the 1% cash back on the card for grandfathered accounts as well? Ecomerce-bytes news posted somthing about. EB PP split seems very strange to me. Why PP would want this to happen when sites like Facebook are trying to create an in house payment system.
i don't know if i could keep up with emptying my paypal account every day and then paying the card every month, but maybe. but sounds like the rewards would be great, we spend about 20-30k on postage in a year. i've hooked up my card to pay my ebay fees though, so that helps.
Bryan--If you spend $90k on your Amex card...what kind of rewards will this get you? --If it's travel miles, what kind of flights could you take?--If it's 1% cash back, that's $900.
Anonymous- If you have your card set up as your primary for fees, that works without having to do anything else. Since PayPal automatically uses the funds in your account for shipping, you'll have to empty it first for the shipping labels to go through your card.Ryanne- I forget to empty the account sometimes, but most days we empty right before we ship. The worst that can happen is you forget, and a few shipping labels get paid for without any rewards credit.Jay- We get a point for every dollar spent and we can convert them into travel miles. We're looking at traveling to the Philippines and we can get a free round trip ticket with 90,000 miles. Depending on when you buy the ticket it ends up being worth $1,400 to $2,000.Even if we only took the 1% cash back it would still be worth it. Since we only ship Monday through Friday, and we only have to spend a minute a day doing this, we would only have to spend 4.35 hours a year to make the minimum $900 in 1% cash back.
I like the way you think.
Bryan - I love that you have considered the work v return for doing this! Not a bad hourly rate either lol Mr Money Moustache has an interesting blog post about reward points and credit cards. He makes an analogy about the effort in picking up a $100 bill in the street, or having to climb a tree for it, and then what if it was only $50? After reading your post and further investigation, I discovered Ebay AU is a partner of the Qantas Frequent Flyer points program. You can earn 2 points per $1 spent. I purchase all of my postage materials from ebay, and have been missing out on these free points. Interestingly, the fine print excludes purchases made using sniping software? Odd.
Here is a new one on me. A prospective buyer, who won my auction sent me this message:i do not want your item!!!i just wanted to see how high the bid was now stopor i will contact the police!!
I would not cancel the sale, I would call eBay, point out the message, and let eBay deal with this buyer. There should be some kind of repercussion for wasting time.
Lol call the police? He/she sounds young and very new to EBay. I would definitely report them. But I would cancel the sale and offer it to the last bidder before him. If he is forced to pay he may cause future havoc that wastes even more time.
A new update to PayPal's split will have us ignoring our phone. Evidently they will start calling or texting you with promos, asking money you owe, or conducting polls. And you can either not use paypal or agree to them doing this. Sucks. And it's not a rumor, its online for you to freely read in a legal document.
Here's an article about it:http://blog.credit.com/2015/06/paypal-draws-consumer-ire-over-robo-texting-rights-117695/As long as I'm not getting too many calls I won't be too bothered with it, but I can't say I'm very happy about it either.
And here's a followup article:http://blog.credit.com/2015/06/fcc-tells-paypal-its-robotexting-policy-raises-serious-concerns-118591/
Does anyone know how to block a phone number on an iphone?
I'm liking the FCC right now.
Bryan, me too!
Thank you, Jay.
Just curious how you all deal with your profits. Do you give yourself a set paycheck per week,bi week, or month? Or do you just spend the money as it comes in on bills and living expenses? I'm finding it hard to not run out of money. If I give myself a paycheck bi weekly its never enough for everything to work out and be buying more stuff to sell. But when I spend as I go I tend to over spend and not leave enough for future bills. I can't seem to figure it out. And having it all lumped in PayPal is part of my problem but that lag in between how long it takes to process the transfer messes up my flow. Like if I pay myself on Friday and transfer then I'm broke all weekend till the money goes thru but if I transfer on Tues for Friday then I'm missing days of money. Anyway, what are you all doing?
What I started doing is open a new bank account for buying only. I put $200 in there and I use that money exclusively for buying and replenish weekly when needed. Some weeks I will only spend $50 on inventory so it's easy to replenish and use the rest of the money for whatever else I need.
You need 3 months living expenses in your bank. I would find it very hard to live if you need to WD every Friday to pay next weeks living expenses. Give yourself more of a float if you can.
All good advice so far. We just live out of a couple accounts. But here's the key: we always make more than we spend. That's may seem like an obvious strategy, but ts easier said than done.When we started selling on eBay, we made a budget of our all known monthly expenses. We know exactly how much we need to sell on eBay to survive. If you're finding you dont have enough money to live, then you're either 1) not making enough, 2) overspending, or 3) both. So the solution is to see where you can cut back on spending, lay out a strict monthly budget, and figure out how you can ramp up your store to make more money.
"I'm finding it hard to not run out of money." Classic. Join the human race. Jay is so right. I like the idea of having a separate account just for spending on inventory. Or you could just withdraw a certain amount of cash and keep it in an envelope, ready foe the next garage sale. Keep track of those withdrawals as business expenditures and get receipts whenever you can. When it's gone, don't buy anything else until the next payout day.
Agree, a budget is a necessary evil. Dave Ramsey has a simple budgeting program you could checkout. Otherwise paper, pen and envelopes work just as well I've found!https://www.everydollar.com/
Anonymous, you need to ask your accountant too. I am an LLC, so it has to have an employee. Right now as I am growing my business and trying to live as cheaply as I can until the business is comfortable, I pay myself once a month for previous months mileage (it's an expense to the LLC), I pay myself for minimal hours once a quarter (to save accounting fees), and the LLC pays rent to myself once a month based on square footage. All this was set up by my accountant.
Marci,Single Member LLC offer no protection in a lot of sates. There has been changes in the law since the crash of 2008. I think you should revisit what you set up in your sate and make sure you understand the laws. Where I live you need to have a Dual Member LLC (both members must be treated equally/same) to be protected in the vale of liability. See if your Accountant knows this.
I tried a sales strategy this week and so far it's definitely working. I've had a ton of offers. Unfortunately most have been crap offers. People literally want something almost free. I may actually go back and take off best offer on my lower dollar stuff as I know others have done. I was always afraid of missing a sale. But it wouldn't hurt to try it out to see.
So what is the strategy?
Early in May, I was at Fredericksburg, Va, during the Marine Corps mini Marathon, and the hotel where I stayed was right near the finish line so I got to see quite a few runners as they completed the course. I happened to see a man running with what looked like Vietnam era camouflage clothing, including a heavy looking backpack, while proudly holding an American Flag. I got tears in my eyes at that sight, because it was so moving to see - at the same time the band was playing uplifting music. So whenever you sell military clothing, think about how much it probably means to your buyer, and perhaps even some of the people, like me, who are fortunate to be at the right place to see such a moving show of patriotism.