Just an update on my weekend experiment, for those that participated. It is delayed by at least one week, if not two. Because beginning last week I took on a project from my former career employer and we are in the middle of planning a new house build. So I wasn't able to get the listings up last weekend besides my sales being over-all down for those two weeks. I am so far behind in Ebay! Aaagh. I will say from the first two weeks data that it did appear that there was a correlation between putting new listings up on Sat/ Sun and weekend sales for me, but I will post results when I get at least 3-4 weeks worth of data.At the same time I was running an experiment to see if there was a correlation between total sales and the amount of $ in your Ebay account. My theory was that they may use your paypal balance to minimize Ebay risk on any liabilities you might incur as a result of refunds or items not received. I did not find any correlation there, but I think Bryan had said he started removing his balance daily?!? Bryan- is that correct and did you find any change in sales from doing so? - Marci
We remove our balance daily so that all the shipping goes through our amex card. That way we get rewards points for all our shipping and eBay fees.
I'm surprised that eBay just sent out an email today to join Seller Hub Beta when it is already full. I put myself on the waitlist September 12th during the 20th Anniversary conference.Just had a $40 offer on a $170 Olympic Dale of Norway sweater. I countered at $149. It's only been up for 9 days. Somebody will want it for at least $100.
I think I'm going to go back thru all of your sold videos and write down the things you say you pick up all the time. Maybe I'll find them too. At GW outlet today. Sat beside woman trying to put together a toy. Another older lady came by and took a pic of the insanity of the people going thru the new bins. She came over to us and said she's scared of shopping. We talked to her for a bit and we saw her go over and start looking in a bin. She looked at us and said she's being brave. Later she came back with a teletubbie. She showed us her phone of a sold listing. She said she goes to goodwills to buy for ebay to supplement her social security. I would have never pictured her as an eBay seller. Then at checkout the cashier freaked because I had ornaments made of zoo poop. Yep, poop. They were mixed with other things and mostly sealed in plastic. She said she was a germaphobe. I laughed and said how the hell do you work here then.This place is disgusting. Just another fun day at the weigh and pay. I did manage to find an 1800s painting there today.
Goodwill Outlet is not for the faint of heart. I took a thrifting friend one time and she said she didn't need to go back. It was just too much work and too dirty. I have another friend that is a reseller and she feels guilty looking for stuff to sell when there are immigrants pulling out clothing for themselves or relatives.Congrats on the painting!
I took a friend to the local Goodwill Weigh & Pay; and she refuses to go back with me. She said it's like being in a Third World Country, and she was waiting for the goats and camels to come out, next - ha! It is the only time I have been to one, and I think I could go back, but only with leather gloves because of all the broken glass, and a stool for looking into those very large bins. It was not very fun or appealing but I have heard that there are good ones - just not near me, I guess!
We don't have a Goodwill Weigh and Pay near us, but we do have farm auctions with old barns full of icky things. We are going to an auction tomorrow where it appears the person was an extreme hoarder. I hope my tetanus shot is current, I think we'll find cool stuff if we are willing to dig for it! http://www.mccallauctions.com/auctions/1285/gallery/
Yes, the Goodwill outlet is definitely not for sissies! The closest one to me is about 2 hours away, so I try to go when I'm in the area. I kind of love it and kind of hate it. It really is gross, but kind of exciting. I don't see how Goodwill can eve do that without getting sued constantly. Once when I was there, there were a bunch of knives in the bins! Yikes!
I do well with the Skechers shape ups as well. In fact I have that exact pair up now. I've noticed that the black ones bring more money. I still have my girl scout sash from the 80s I just don't know if I can bring myself to sell it. I did sell a framed cross stitched girl scout promise.
Thanks for the extended video, Ryanne. I so appreciate your detailed descriptions of each item - first of all, sharing WHAT it is, then describing what it's made of, how it feels (heavy, soft, silky, rough), showing the markings, any flaws, what you paid for it and what you sold it for. I'm spoiled from the education I get from your videos. And to think you did it all after a long international flight! Just wanted to say thank you. That hamster cage was the coolest thing ever. Did you stuff the inside of the cage/wheel with anything before boxing it up?
Love, love, love this. I could literally watch this all day long. Thanks Ryanne! You rawk!
Foundries make things in sand molds, they just pour molten iron into it (I remember watching the procedure at a grade school tour of the Mankato foundry).
Ok guys need a bit of advice. I bought more of the vintage peanuts felt banners. A few of them I have not been able to find on ebay or etsy or any google search. So I'm guessing that makes them rare. What price should I put? Should I try an auction and see how far it goes? The two I can find are a pink Lucy banner that says "I'm my own Person!" and the other is Pig Pen and Snoopy that reads " A Friend is Someone who excepts you for who you are." I sold 4 out of the 5 I bought last week fast to one person.So I'm thinking I could have gotten more I just don't know how much especially since these ones seem rarer.
I meant the 2 I can't find.
I would stay away from auctions because your items don't sound super popular. That's the only time auctions work really well. Just put a high price and make offer. People will have no problem low balling you. Just put them up for higher than you did your last ones that sold. Although there is a peanuts moving coming out that could later boost the value.
You can always lower your price later if they don't sell. I am going to try terminal 99's idea of setting the price I want, starting a 7 day auction, just to see, and then converting to BIN if it does not sell. That way if there is a big upside over what you think it might bring, you can realize it.
I meant to say I am going to try that on rare items I have trouble finding a value on.
I had something similar to the Creepy Crawlie. It was called Thing Maker and the molds were all flowers. Wow, what a blast from the past. I hadn't thought of that in eons. You had to squirt the colored gunk into the mold, it was like a thick liquid, and then cook it in the little oven thingie. We never burnt ourselves. Yeah, parents today probably wouldn't let their kids have something like that. My brother also had a thing that made toy soldiers. It came with a bag of plastic chips/particles that went into a melter and then you could extrude the molten plastic into army guy molds. Oooh, dangerous. May have ruined the rug I guess.
Quick question about flat rate. What constitutes as fitting? If its bowed out in the middle, is that fitting? Like imagine a soccer ball in a box. Or what if the ends do not close on the preparated lines but still can be closed and taped a little further up on end tabs? And lastly what is a large priority box is too big? Can I cut it down and still pay for large Priority shipping?
According to their website flat rate boxes can't be altered in any way and must close on pre-formed lines. With that said I have used flat rate boxes but shipped them normal priority. It's not that often and usually it's the large game boxes that I've cut down some. My postman picks them up from my house and I've never had an issue but its still a risk I guess.
I found my first Pendleton wool blanket today. If anyone advises against washing it on the gentle hand wash cycle in the machine, please let me know. It doesn't smell but it looks like it should be cleaned.
Do NOT wash it--let the buyer decide.
You can definitely disclose the dirt and any stains, but wool is easily cleaned. I have washed wool blankets, coats and sweaters in the machine with no problems. You definitely should NOT to put it in the dryer. It will shrink down to nothing and felt (get all fuzzy) like crazy. Hang it outside to dry if you can, or dry flat on some towels.
Thanks ladies. I know it's probably smart to sell as is with disclosure but it kind of goes against my grain - but then again, so does the effort of hand washing :). Yep, definitely no dryer.
Another option is a product called Eucalan. It is a rinse-less product for washing wool sweaters. You put cold water into the washing machine and turn it off; then add a capful of Eucalan and swish it Around in the cold water. Add your wool item and let it soak for a while - then move washing machine to spin cycle to remove all the water. Remove your item & lay flat to dry. Works great, and this is what I use for all of my wool sweaters. Eucalan is available at yarn shops primarily, so try an online yarn store like Knit Picks, or Jimmy Beans, and they should have it for sale. I used to knit quite a bit, and this is when I learned about Eucalan. One more thing, a bottle will last for years, because you use such a small amount.
we've washed many wool items in the washer without a problem. just use a cold delicate/hand washable setting and then line dry it. never put it in the dryer. and you should be fine.
I would use caution with how cold the water is, such as when it is winter and the water is super cold, as that can shock the wool fibers as much as hot water, causing the same results. Lukewarm is safer.
Easy Question for anyone that uses Garage Sale to list... Can you create several listings while not connected to the internet and start them later when you have wifi? I do my photos and storage at an offsite location with no internet and I'd love to be able to put the info into the listings as I photograph them, then when I'm home add the photos and sync the listings to eBay. Anyone who does something like that, could you let me know pleeeeeease! Thanks!!
Yes, I create listings in Garage Sale all the time when I'm sitting waiting for my kids at fencing and gymnastics practice. The only thing is that the item specifics may not come up correctly when you are off-line. I've managed to forget some listings I've created and then do them a second time. I haven't figured out how to organize all of the templates. (I'm a creative type, i.e. not very organized.) I love being able to schedule the start time in Garage Sale. If I plan to run an auction, I make it so that it begins at 6pm Pacific Time. Since Ryanne and Jay stopped using their template, I have also been listing directly on eBay and it is much faster. I also paid for Garage Pay and that really helps for keeping track of the money end of things along with Go Daddy.I still like the look of Garage Sale and I use it because it lets me set up the listings without being connected to the internet.
Ryanne, your what sold videos are my kind of reality TV! I love that you found that penny in another item you bought. I was just going through my piles and photographing things I got at yard sales months ago. I noticed a backpack jingled when moved -- in an inside pocket I found $71 and a ring that appears to be gold! Scored!
nice score! i love finding cool stuff in pockets. wish it happened more often.
I had one of those creepy crawlers sets when i was a kid in the 60's. Pretty good shape. I remember that was a must have toy for that season. I also remember around the same season a similar toy called the Strange Change machine where you poured the same kind of creepy crawler goo into a monster looking mold and then you crushed it into a little square. You then put the square in a little chamber where it was heated up and changed back(unfolded) into the monster. Blistered the heck out of my fingers on the parts that got hot on those toys. im surprised they didnt get a lot of law suits over them. There was also a season where Silly Sand was the toy to have. You basically built up city and stuff out of colored liquid like sand in squeeze bottles. Really looked like a city of colored dog excrement piles as I remember. Its amazing what they can sell you when they put it in a slick commercial aimed at a 8 year old.
Ryanne, your selection of sold items is always interesting. You all have some really nice items but it also never ceases to amaze me at the mundane and common types of items you’re able to get great money for. You two have a great talent for seeing stuff that most (me included) think is worth very little. I sold at flea markets in the ‘70s and ‘80s (mainly auction sourced) and unfortunately my head for prices and sellable items is still partially stuck there. I often see items in your videos that I had (recently, I don’t mean 30 years ago) and either gave to Goodwill as worthless or sold for 50 cents at a yard sale. And I do eBay sold items searches on everything. I will definitely add to the chorus in saying that your what-sold videos are so much more informative and helpful than the myriad of what-I-found videos from others on YouTube. (No offense to your what-we-found videos intended – I watch them too.)
thanks, that's nice to hear. keeps me wanting to make them every week!
I didn't get to listen to the podcast until last night while taking photos. Thanks for sharing my story! So far, so good. I'm working two days a week with the other seller, and it's pretty great. I'm listing things for him that I never would even look at, like coins and sports memorabilia. Oh, and my girlfriend could not stop laughing at "Hollywood Paul". You've created a monster!Like you two, I also dig reading about people's items sold, the weirder the better. Today I sold a lot of 6 Texaco gas station credit card receipts from the 1960's. They were in a box of paper ephemera from a road trip up the West Coast to Canada, and the guy saved every postcard, brochure, and receipt. I bundled them with a few other things, so I literally paid pennies for them. I took a Best Offer of $15, down from $25...which is a crazy price for old receipts. Not a fortune, but I still turned pennies into dollars. I love when a weird experiment pays off. Another experiment: I listed a lot of 6 vintage 1960's flashlight batteries last night, and I'm already getting offers. I have them up for $60, as there aren't any others from that brand. I pulled them from the bottom of a box of old toys at an estate sale last week. The color caught my eye; they are bright blue with red tops. Again, I paid less than a dollar for them. Those batteries could pay for that day's haul twice over!And I too could watch your "What Sold" videos all day. Please keep 'em comin'. I learn so much. In fact, I found two golf cleat shoe keys at an estate sale this afternoon! Wouldn't have even known what they were had I not watched last night. *Hollywood Paul*
I'm starting the Hollywood Paul Fan Club! :-)
It made me smile when they called you Hollywood Paul!
Wow Hollywood Paul, I can't believe someone bought old credit card receipts! Good for you for even thinking of listing them. I guess those Texaco collectors are hardcore.And the old batteries! I didn't know that people collected batteries. Let us know when you sell them. I love the education I get on this blog!
Linda, you're cracking me up AND making me blush!Anna, ditto. Pam N, glad to help. And I thought I collected weird stuff!*HP*
Best offers have become my nemisis. I get an offer, counter it, and either they buy it or I never hear from them again. Im beginning to wonder if holding off for that extra 10 bucks is killing me. I'm missing hundreds of dollars a week off of dead offers. Do you have a guideline on how you decide to accept offers? I mean profit is profit but I don't want to lose out either.
When I get an offer, I decide the price that I want and I steer the person to that price. If they go with me, they get the item. If they don't, I forget about it. My target price is usually 70% of the original list price. I feel that if I go lower than 70%, I'm giving away too much. I also use formulas like this for buying items. For example, if I know I can sell an item for $100, my max price is $20. This is just a guideline and a check for myself. Because you can get carried away and pay too much for something that you will regret later. This works for me. I seem to find a lot of common formulas that work for me - this lets me know that I'm on track and doing it correctly. Another example of a formula I use is that my average price for a group of items should be about 8.5% of my list price. If it is below that, I'm doing well. If it is over that, I have to start watching how much I pay for items. Everyone's formulas are probably different, but see if you see these types of patterns in what you are doing.
The 8.5% is the percent for the buy price. For example, if a group of items lists for $1000, then I should have paid about $85 for that group of items.
I usually accept offers of 80%(ish) of my original price. I only have around 70 items for sale, space is at a premium and my boredom threshold means I want to get rid after 7/8 months. You haven't said the selling prices of the items where $10 makes such a difference to you. If you particularly want the money just accept the offer. As an ebay buyer I would always make a full and final best offer on an item and I'm not interested in an exchange of emails for haggling. I would only pay the full price if I desperately wanted it or the price was a bargain. I've lost out on items when I'm waiting for a seller to respond to my best offer and someone else has swooped in and bought at the full price. C'est la vieOf course if a buyer bought at your full price within hours/days of listing we all tend to think......should I have priced it higher?
we pretty much do the 50-80% rule. i know 50% sounds crazy, but when you bought something for $1-2 and you want to make some sales, you take offers. like yesterday- i have a pair of ferragamos up for $159, i bought them for $2, someone offered $85. ok she is getting a crazy good deal, but look how much i paid for them. i want them gone and i want to make a sale, so i said yes. some days i would have countered. just depends on how sales are going.
yep...I pretty much do the same as Ryanne. Most people will not counter offer. My first instinct is to say no way...but if I give myself 20 or 30 minutes to think it through a lot of times I will take the low offer and move on...especially if the week is slow and I am still making a great profit on the item. With over 1000 items and a backlog of thousands more that I need to list, I just want to make a profit and move on. The great thing is that if you are already pricing high...you are still making out with a good profit when you sell low. When we had a retail store we were thrilled if we could double our money on an item. Now I wouldn't even list it if we can only double our money:)
One more note: I rarely go less than 15.00-18.00 on an item though. Every time I do, I get burned with a nit picking buyer!
I do 50% min. Because for example this case Ryanne just mentioned, I would think This person is offering me $85 dollars right now! Why wouldn't I take that! It's not like I'm gonna run out of stuff to buy!
I do the same. And I price all of my items for a 50% sale, so that price is the floor that I'm willing to accept and anything higher is a gift. I also use the tools to set auto-decline at 50% of my asking price, and that way I don't see any of the lowball offers. I know that when an offer comes through, it's already met my minimum threshold and most likely, I am going to accept it. On those rare occasions when I don't feel the offer is good enough (perhaps I priced too low originally, or I am confident the item will sell for higher), then I just Decline. I do not waste any time with counter offers. Everyone has a different philosophy, but this is what works for me. And I frequently find that after I accept a low offer that I wish was higher, I soon get another higher-priced item selling. It seems to balance out, so I don't waste a lot of time fretting over offers because ultimately a sale is always a good thing, I feel.
Hi all - Cashier Cha-Ching ring notification? I upgraded to an iPhone 6 and can't figure out how to get any of my Ebay notifications to use a different sound, like the Cha-Ching for a saleAny ideas?-CashFromClosets
I have had difficulties with my notifications since upgrading. Most of the time there is no sound at all. How do you downgrade???
I don't have an iPhone but months ago I started having an issue with my notification sounds too. Now for some reason they are tied to my game app sounds. So if I turn the volume down to play candy crush it keeps the volume down on my ebay app for some reason. Sometimes when I have issues I just uninstall and reinstall eBay and recheck the notification boxes.
I have reinstalled and checked notifications, but sometimes the sounds work and mostly they don't.
Since the eBay app update on my iPhone 6 the cha Ching is out of whack. I get a notification to ship a 1/2 second before the cha Ching, sometimes I get the Paypal notification first.
Vintage research weblink - Hi all - I stumbled across this cool resource of vintage advertising - likely someone has already posted, but it really helped me find particulars, including dates and images to use in my listings.Easy search box on the landing page http://www.vintageadbrowser.com CashFromClosets
Holy Cow! Thank you SO SO much for posting this! I have quite literally thousands of old ads from the 60s, 70s, and 80s, and this website will be indispensable!
Do you research everything you buy? I normally just look it up on EBay for pricing and maybe to gain a keyword I didn't know but that's about it. Watching your sold videos it seems you know extensive info about each item. Are you googling more about the items than necessary? Is there a reason?
Is there a reason why we do research? So we make more money. Is it more research than we need to? Nope, it's just enough so we properly list it.We research anything we don't know about. We've been selling since 2008 so we have sold quite a few different items. Like you, we mainly just do eBay searches. If we know we have a cool, quality item, then we're willing to be patient so we get the price we want. Patience is really our secret.
Jay and Ryanne, I hope all is well with you after seeing the heavy rainfall along your coast. Are you getting drenched?
I live on the east coast too. The rain isn't as bad as the wind. Sticks all over my yard. And it has been raining for a week before the hurricane weather threat. Tonight seems a little calmer. But its cold too. Bordering 40s. I've had to turn on the heat already.
Hi all - I have a question about selling limits.I just helped a friend set up a new ebay account for her to sell some of her things. When we looked at her All Selling page in My Ebay, I was explaining her selling limits to her, and noticed that her limits were higher than the limits on my selling account! I just had mine doubled recently (both # of items and $ value), and her $ value limit is still higher than mine.I did an experiment on my buying account and listed an item for sale. My buying account has the same limits as her new account, again, a higher $ value than my other account.I called ebay, and the person I spoke to in the Limitations department claims that it has to do with "better authentication and verification" they can do on newer accounts. I'm dubious, at least. My buying account is just a couple months newer than my selling account.Thoughts?
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Since management has changed at ebay recently there is a lot of fiddling going on--store listing levels have gone up and so forth, it doesn't surprise me that they are upping selling limits.
Hi Guys,I've been listening for a while and have now been selling for about a year. Had my first neutral feedback a few weeks ago. Of course, it was for a low-ball buyer (she had beaten me down to a $12 price on a scientific calculator) and then dinged me for the item not arriving on time...I reached out to her and, of course, no response. Called eBay today, had all of my info available and they agreed to remove the neutral feedback. It feels great to get my pristine reputation back again. The great thing about eBay is that it gives you access to all kinds of buyers. That is also the down side... your podcast has been really great in helping me keep an even keel when dealing with buyers or best offer folks and to not take things personally.Thanks so much for all you do for this group. I sell as a hobby (along with my sister) and we have about 400 items in our store. Mostly cheap stuff from yard sales and garage sales. We do $300-$500 a month with our average being about $25/item. Still a total thrill to sell something that makes my wife say, "somebody bought that?"South Austin Brian