Added to my WATCH list for tonight:) Thanks again for making these Steven...I know they take some work and time!
How sweet of you Steven to include the box of Twinkies! You are going to make her day when she gets her package:)
Totally a very kind gesture with the Twinkies!
I'm on the road today so I can't watch Steve's video (I did, however, enjoy the podcast while driving) . But I'm looking forward to it when I get back tonight. Last week was slow for me again. But still had some interesting sales. https://youtu.be/lmPLsfBfTaEI haven't had much time in my schedule to list these last few weeks. Once I break that pattern, and get more list, more sales should follow.
Sheldon, I watched your video last night! Can't believe how much the switches brought...going to keep my eye out for those. Loved watching you pack at the end:)
Great clip of you packing, those pipes were putting up a fight!I get a lot of broken watches when I buy huge lots of jewelry. I have not put the effort into fixing them, I typically lot them up and put them on auction.
You're great at making videos. Thanks to you and Steve S.
@Cheryl, I love vintage electronic components. Anything with bakelite tends to be pretty desirable as they have a look and feel which can't be duplicated. They tend to sell better during the winter months when people are tinkering more on projects.@Michael, those pipes ending up taking more work than I wanted. They were long and fragile, so I decided to do a wrap of cardboard to help stabilize them. For watches, if they are decent watches ($20+), I'll replace the battery. Some of the wind up watches just need a little finessing to get ticking again. I bought a lot that had a WWII era Omega which I sold for $500. It was quite beat up, didn't have a band, and had some setting issues. But it was a sought after piece.@Christine, Thanks! I'm enjoying making the videos, so it's great to hear that folks are enjoying watching them.
deb truervaluesThanks for the vid, Sheldon. I like watching the packing, too! It's good to know other people put the care into their packaging...
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deb truervaluesHi All - I am thinking of opening the second store discussion again....Jay and Ryanne - would like to hear if you are glad you did the second store experiment. From others, I would like to hear pros and cons.I am thinking of opening my second store chiefly dedicated to a particular category.....the biggest con I can think of is paying a second set of store fees.Would like to hear other thoughts either for OR against. thanks
Deb truervalues, I think you are on the right track with opening a second eBay store to specifically focus on a particular category. One of the disadvantages of keeping one store is the limitations of the categories. As you may already be aware, eBay categories are limited to 300 total and can only be 2 subs deep. If your product mix is broad (as a scavenger’s would), you would certainly reach capacity in no-time. Using custom categories gives you the advantage of keeping potential buyers in your store.
I opened my second store on etsy where I do far more quirky items than I would put on ebay because of their higher fees, if I were to open a second ebay store I would definitely specialize. I love finding quality men's shoes for example, but the stores around here mostly pull the better ones to sell online themselves, but they are a great item with a high turn-over.
The twinkies! You're a good guy Steve! Also, I can tell that the pretty new kitty already fits right in. It's interesting to see how cats and dogs interact with each other. Their different ways of communicating as species results in many misunderstandings between them, which is usually to the cat's advantage (i.e. staring down a dog is seen by the dog as an act of dominance whereas to the cat it's natural to keep eye contact. Ergo, kitty will eventually rule the roost over the dogs. At least, that's how it works at my house.)
I noticed that right off, the dogs avert there eyes while the cat stares, she's already taken her place as queen of the pack. Collies are known to get along with all the animals on a farm.
Yup, cats stare at those that they are "watching", i.e., do not trust to close their eyes on. Try looking at your cat and slowly open and close your eyes ... if they are relaxed and trust you, they will slow blink back.
Introduce a puppy to a cat and puppy don't give two toots about that stare for life. Our mini dachshund is a year old now and she still goes straight to wrestling with our giant cat. He's a big ( big as in 38" tip to tail and 18lb - he is not fat) softie though and loves wrestling too.
When our Sheltie was alive she and the cat were absolute best friends. If dogs and cats don't go to heaven I want to go where they go. :-)
If only people would just sniff each other, do stare downs, and then just get over it and be friends or at least leave each other alone like animals usually do ...
My favorite sale was the fan--great piece. Meanwhile I haven't had one sale on ebay this week--I have been listing, and I do have a few nice things up (including a beautiful pair of women's Ferragamos at a good price that just won't sell...sigh, it was hilarious Steve that you managed to shift only ONE shoe for $20 when I can't get any play on my similar pair, LOL. which is why I don't generally buy women's shoes, I simply don't do well with them.) Fortunately all is good on Etsy, so here are some of my notable sales there recently:https://www.etsy.com/listing/294391133/sale-vintage-1940s-ww2-usmc-engineer?ref=shop_home_active_1I found this at my local auction house, I think that I paid around $30 for it, and sold it (I did reduce the price) for $95. I love militaria.https://www.etsy.com/listing/397961259/sale-fancy-antique-rose-gold-filled?ref=shop_home_active_9I bought this in an ebay jewelry lot--auction style, I just chanced upon the auction as I'm usually too impatient to shop ebay, at any rate, I got a bag of gold filled items for $41 and have sold 2 pieces, so far, including this one, for $55 each and I have some other stuff to sell from the lot--so I good purchase I think.https://www.etsy.com/listing/256956541/unique-1930s40s-rubber-ice-cap-bottle?ref=shop_home_active_8LOL, just one of the weird things I sell on etsy--$14 but bought very cheaply at a thrift storehttps://www.etsy.com/listing/288318873/oil-paintings-mid-century-modern-early?ref=shop_home_active_16Sold these a while ago, but I loved them--they were an online auction find and I paid around $30 with all fees, and sold them for $115
Omfug X I love the ice bag sale!! That is the kind of weird things that I love to pick up too.
I'll give you a great price! http://www.ebay.com/itm/201621415156I had one that sold last year so I bought another when I saw it and it's been sitting for a while now.
LOL Brian...I sold mine for only $14 and it took awhile, maybe you should be on etsy!
Cool paintings. Totally something I would pick up. Tfs.
Love your inventory, Sue. Thanks for sharing.
Sue, I love your posts, replies, comments. Always great ideas for me since I try to do what you do, I act in more or less same segment.I went to my local auction and tried a lot of Thrifts.Overwhelming, drives me crazy, want to by everything. Good thing is to find good stuff on the fronts I do well: vintage and antique porcelain figurines and shoes. Also I continue on the $15-$30 band and $50-$150 sales. This is helping my steady weekly sales. I am stuck on the $500 weekly average though. Catch 22. Etsy seems to be part of the solution to grow
OMG Steve, love the story about driving vintage Ferraris... makes so many dreams come through (without shelling out 6 figures to do so).Some of my interesting sales of the past 7 days:Celtic Frost - Morbid Tales record:http://www.ebay.com/itm/201661981487I mentioned last week that I won a box lot of 1970s/80s metal & punk records at an online estate auction. I paid up for the box of 20 at $100 including shipping. More than I normally pay for records (usually $0.25-$1 each, maybe up to $3 for Stones, Floyd, Zep, etc), but I knew there was good stuff in there. This one sold for $80 best offer within hours of listing.Agent Steel - Unstoppable Force recordhttp://www.ebay.com/itm/201662041252Another from the lot that sold quickly. This one for $20, so I've basically made my money back on the lot and have 18 of the records to sell.Faux leather cassette carrierhttp://www.ebay.com/itm/191924936817Bought a box lot of cassettes and this was thrown in free. Sold for $35.Chanel 1932 Les Exclusifs perfumehttp://www.ebay.com/itm/191918649018Another bottle that was part of the lot of high end perfume & cosmetics from a few months ago. This sold for $148.3 vintage brass matchstick holders:http://www.ebay.com/itm/201357158786Bought these in a box lot of brass animal decor items. I bought the whole box for maybe $20 and there were a good 30 animals in there. Most have sold for $10ish because they're simply desk/shelf decor items, but these were in there and via research I found out that they were matchstick holders called "vesta cases" (https://en.wikipedia.org/wiki/Vesta_case). Some can go for huge money. I had these up for $90 for over a year and finally just wanted to move them and took an offer for $35.
Great sale on the cassette case. Especially since it was nearly free:) AND WOW on the perfume...you have done really well with that lot.
Thanks Cheryl... yeah, on the perfume it's one of the cases that sometimes you have to take a leap of faith and spend a large lump sum. In this case, I spent about $400 on the lot but have already doubled my money and still have some left.
Thanks, Steven, awesome stuff.
Absolutely love the Twinkie story.
I look forward to your videos, Steven. And I absolutely loved the Twinkies story.
TSA Pre-Check --YES, YES, YES. What I mean by that is, traveling without Global Entry is horrific by comparison. Well worth it. Now you do realize that Global Entry is the "gateway convenience" to going from coach to business class....think about it. (That Seinfeld episode is so true). Woodstoves--- Never been without one. Grew up with them. Be SURE to check your fire inserts, stove pipe and chimney on a regular basis for build up. Creosote is not your friend. Especially in older homes, a chimney fire can burn your house down lickety split. While there is nothing like warm floors as you make french toast on a cold morning, chimney fires suck and can be scary and quick acting. A good volunteer fire department in rural areas is worth supporting.PS-- I beg to differ on scarves. We sell them monthly.
Eve, your videos have inspired me to dig deeper into the scarf section at my local thrift. No finds yet, although the scarf momentum led me to the tie section, where I found an Hermes snail tie for $1. Thanks so much!
I always buy scarves if they are good--years ago I used to find Hermes, but then the thrifts got wise to that. Anyway, unfortunately my local thrifts (only 2 and both chains) insist on putting a pricing gun through each and every scarf bringing the value down greatly alas, I will still buy great ones and mention the holes but this practice makes me sad needless to say.
Hi Steven,As usual, great items and clips of the family members.The Twinkies story was a nice response and surly made that customer very happy.Since you didn't mention the word "confederate" in your video concerning the Tennessee hat, I assume you didn't add that in you listing. Well, the reason why I am commenting regarding the hat and the word confederate is because eBay and Amazon have banned the sale of "Confederate" flag items. Unless this has changed, be careful listing those items regardless of using the word confederate or not. It can easily get you item removed and your account flagged. Again, disregard if the rules have changed, just trying to give helpful advice.
Yes, I tip toed around the wording on that listing as it merely resembled the confederate battle flag.
Just so everyone knows etsy has also banned the confederate flag on products.
One of the reasons I am a fan of Apple, Amazon, Google. They act on their values, not only pieces of PR and advertisement. eBay seems to be forward thinking too
It was so funny to hear that you used to truck items to Road America. I live in Wisconsin and me and my hubby were near Elkhart Lake, so we decided to drive to Road America. The gate was open and I was driving and my hubby said, "Let's go in." Oh, easy for him to say since I was driving. Of course, I went through the gate (in my red Dodge Omni) and there we were on the track. Once you start on a road race track, you have to go through the whole thing to get back out...and so I did! There were guys working on the landscape as I went past them at about 35 MPH. They looked up and then went back to their work. Closest I ever came to winning a road race! Nice video. How did you ship that metal cooler. YIKES!
I just find a box it fits in or cut one to size, a metal cooler doesn't require padding. I would've loved to drive that road course.
A good week for us. Sales are staying steady but we've been listing regularly too. I also have been running a 48 hour sale on different categories in my store each day. Just 10% off, but I do think it's helped.Two vintage metal Homco Airplanes, these have been up for at least a year. Found these in a thrift store for about 3.00. Sold for best offer of 40.49http://www.ebay.com/itm/Set-of-2-HOMCO-WWI-Airplanes-Metal-Hanging-Wall-Decor-Bi-Plane-USA-Vintage-70s-/262261100129?rd=1Vintage Needlepoint Kit, been in my store for almost a year, sold for best offer of 58.49. I usually pick these up in the thrift stores for under 3.00 http://www.ebay.com/itm/Autumn-Bridge-Needlepoint-Kit-06010-Heritage-Collection-Elsa-Williams-20-x16-/262067284898?rd=1vintage seam binding lot, bought in a box lot of vintage sewing items at our weekly auction house for 1.00. Sold for best offer of 35.00.http://www.ebay.com/itm/10-Vintage-Taffeta-Seam-Binding-Rolls-Rayon-Ribbon-Sewing-Trim-Millinery-LOT-/262583211931?rd=1Best Sale this week...but a bear to pack. 72 vintage tiles. No one wanted these at our local weekly auction. Me either:) But when they went to 1.00 for the lot of them I raised my hand. I really am a sucker for 1.00 boxes!! Took a best offer of 150.00. http://www.ebay.com/itm/VINTAGE-Ceramic-Tile-Lot-72-pcs-Wall-Bath-Floor-Kitchen-Gold-Black-Mid-Century-/262382115120?rd=1No etsy sales this week and 1 Bonanza SaleA vintage picture frame, came in a box lot of picture frames (1.00), sold for 34.29. I was surprised these are selling for so much. I was putting them in our antique booth for 2.00 before I looked them up one day.http://www.bonanza.com/listings/vintage-hollywood-regency-era-fancy-gold-metal-filigree-edge-picture-frame/368584642
Cheryl, I feel like I routinely pass up frames like that. I'm going to have to keep my eyes peeled -- thanks! And I love those tiles.
I've had a horribly slow week, so I'm putting my energy into listing and getting ready for the fall season. I've upgraded my store to premium, and I've got at least another 100 items to list. Here is one item I did sell on Labor Day:In May, I purchased a box of very nice ceramic plates, bowls, etc. for $20. A good bit of it was Bordallo Pinheiro, a Portuguese manufacturer. All of the pieces that were in the cabbage pattern sold fairly quickly and at high prices. This is from that company, but the plates are in a sunflower pattern. I have only two more listings from that box, but not from Bordallo.http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=182150077050The other thing I sold was a lot of 25 used tennis balls for $10. The lady was local and asked to pick it up, so I met her at a CVS near my house and did the exchange.That's really it for the past week. I've done one What's Sold video about a month ago, and I plan to do more now that the kids are in school. I just need some sales!
WHERE DOES LOST AIRLINELUGGAGE GO? TO AMERICA'SGREATEST THRIFT STORE.https://www.thrillist.com/travel/nation/unclaimed-baggage-center-scottsboro-alabama-thrift-store-lost-airline-bags-clothes-luggageIs that guy next to you on the subway REALLY wearing your one-of-a kind “Topher’s Bachelor Blowout 2014” T-shirt? He can’t be! It’s impossible! You lost that shirt on the return flight from Vegas two years ago. And now it's with THIS dude? Well, if you never got your suitcase back there’s a decent chance your new nemesis made a trip to the Unclaimed Baggage Center in Scottsboro, Alabama. Part lost-and-found, part thrift store, this 40,000sqft superstore takes literally every lost suitcase in America, sifts through it, and puts the best stuff on its shelves. This is the story of how wayward luggage finds its way to the afterlife.
Paulo,We lived in Alabama for a while with the military. Every month or so we would drive about an hour to the lost luggage store just for fun. It was always surprising to see the expensive items people were willing to risk putting in their luggage! Mostly though, it was just like a big thrift store. I thought the best deals were on books because often people bought new ones for their trips. They had kayaks, cameras, computers, tents,and even large lots of sporting goods that maybe an entire team had lost. Of course, tons of shoes and clothing. The prices were average to high. I never found an especially great deal. Its been a few years, so things may have changed.
deb truervaluesAs always, Steve, thanks for a great video. LOVE the old fan!!! Was just thinking how packing intensive your store is, but I think the effort is worth it, as your numbers show.thanks again
Steven/Anybody - I have a couple of amateur photos found in a 1974 'CREEM' magazine showing an early/mid 1970's band. Trying to ID the musicians and the instruments. They could be nobody's but regardless the photos are kind of cool. Here are three photos in an IMGUR album. http://imgur.com/a/hjCC7
I don't recognize anyone right off, but someone may. Definately would sell to a '70s music fan, some cool old equipment in the photos.
It's a bit of a stretch, but could the guy on guitar be James Taylor?
Thanks guys. Very hard to say, no writing on back of either one. Guitar looks like a Martin (maybe), Fender bass but not sure on keyboards. Could be somebody's school dance band.
Cool pictures. The guitar has all the right pieces and shapes for a Martin and appears to have that white edge around the headstock like a D-45 but you should be able to see the logo on it. It could be there just not visible in the picture, though. And notice it’s electrified. He could have installed something himself, I suppose. That keyboard has me stumped with the two tone rectangular body. And the legs aren’t right for any of the usual brands. Everything I remember had straight screw-in legs with a couple exceptions like Roland’s ironing board legs. I agree that the bass is most likely a Fender Precision. There were copies available at the time but I can’t imagine any self-respecting bass player going on stage with a copy. The bass player’s amp looks like a Fender but hard to tell without a closer view of the head and there were many very similar. That other amp is a mystery – some Acoustics had a metal band in the middle of the speaker but it doesn’t look quite the same. The head kind of looks like an Acoustic.
Martin Acoustic Standard, early 60's maybeFender Precision Bass GuitarHöhner electric piano/harpsichordSeems Steve Winwood singing and on keysDave Mason on guitarRic Grech on bassHowever the angle and distortion might trick me, but it would match When the Eagle Flies tour
Wow! Good eye, Paulo. Their keyboard was an RMI, not a Hohner, but that’s it. Grech is real fuzzy but it has to be him. That hairdo doesn’t do much for Dave Mason but I think that’s him alright. I still don’t see Winwood in the keyboard player, though. But who else could it be?
RMI, that's itThe challenge, besides the distortion, is the angle.I looked pics from the Eagle era, while Ric and Mason are easier to accept when comparing, Steve is really challenging.However if you see pics of him in that era, nose, hair, etcI would not bet money though. No other band would have that stage though
Thanks everyone for the info. Sure is a bare bones stage for big names like Mason / Winwood etc but the early 1970's had plenty of gigs with very sparse accommodations. Interesting thought!
Well, the huge stage concept is a romanticized ideal that does jot reflect reality. Even more back then.Musicians would get large stages and venues but not in every concert.Even more considering long tours.It could be an Arena in Dallas and a College or Theater in Armadillo.Pick tour dates for Zappa or King Crimson in 1974.Yes and ELP would be playing mostly Arenas and Stadiums.So if the pic is in US, Traffic would for certain be playing in small stages and shy Theaters.
I haven't contributed much to the "what sold" conversation, mostly because I feel like most of what I sell is either so obvious anyone would pick it up (something named/labeled like Baccarat crystal or the like) , or so obscure/random that it's not helpful to share as a "BOLO" (an unsigned pottery vase, for example)... but I went through some of my sold listings this morning and came up with a few things that a) might not be obvious and 2) are more than just one-offs. I'm linking to eBay's completed listings for these items, rather than my own single listings, but my listings are in these lists and all items were found at thrift shops for just a few bucks. (Actually, I paid $14 for the French porcelain. Everything else was well under $10.) Arabia Finland's "Valencia" pattern is super popular, and Arabia generally is a brand well-worth studying.: http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&LH_Complete=1&LH_Sold=1&_nkw=arabia+finland+valencia&_sop=16Some Verlys art glass: http://www.ebay.com/sch/i.html?_odkw=Verlys+art+glass&_sop=16&LH_Complete=1&LH_Sold=1&_osacat=0&_from=R40&_trksid=p2045573.m570.l1313.TR0.TRC0.A0.H0.TRS1&_nkw=Verlys+art+glass&_sacat=0Le Tallec Porcelain: http://www.ebay.com/sch/i.html?_odkw=Le+Tallec+porcelain&_sop=16&LH_Complete=1&LH_Sold=1&_osacat=0&_from=R40&_trksid=p2045573.m570.l1313.TR0.TRC0.A0.H0.TRS1&_nkw=Le+Tallec+porcelain&_sacat=0and, most surprising to me, "Old Spouter Pottery" from Nantucket. I feel quite sure I've passed up pieces of this in the past. http://www.ebay.com/sch/i.html?_odkw=Old+Spouter+Pottery&_sop=16&LH_Complete=1&LH_Sold=1&_osacat=0&_from=R40&_trksid=p2045573.m570.l1313.TR0.TRC0.H0.TRS0&_nkw=Old+Spouter+Pottery&_sacat=0Hope this is helpful. Thanks to R&J, Steve, Sheldon, Eve, and everyone who puts together what sold videos and makes this site such a great resource.
Sorry, I guess you have to cut and paste my non-links into a search bar!
Highlight and right click worked fine for me, Kate. Thanks for posting this informative list. I also liked that you linked to a Sold Listings search. It’s more useful to me because that’s the most important component of my research on alleged BOLOs anyway. Any one person’s sale reported here could be a fluke.
Great info. Thanks Kate!
deb truervaluessorry, kate, can't get any of them to load....
Oh no! I'll look into it. So sorry!
If you copy and paste the long address into a search bar, it's still not working? Okay... let's try this:Arabia Finland Valencia Pattern: http://goo.gl/S8TbbZVerlys Art Glass: http://goo.gl/BVDiaULe Tallec Porcelain: http://goo.gl/IYB2zbOld Spouter Pottery: http://goo.gl/iUzWCl
If you highlight and right click the links they work fine. It's a little confusing linking to searches instead of just your solds.
Hi, Joe. Thanks. I was trying to share some knowledge about things to look for without making a direct link to my shop, but maybe I just ended up obscuring the information I was trying to share. Apologies.
I found the sold links helpful, Kate, thanks for posting. I'm not a fan of delicate glassware and the like so I tend to glaze over and not notice it, even though it's at every estate sale I attend. After seeing the prices some of these items fetch, I'm inclined to keep an eye out. I especially like the Old Spouter stuff - being in New England I may come across it, plus it's quirky, which appeals to me!
Thanks for the post Kate. Been around the game for quite awhile and Old Spouter is a new one on me. The endless variety of merchandise out there is still surprising.
Did you hear PP increased their fees for international shipping (doesn't matter if it's through GSP or not) from 2.9% + $0.30 to 3.9% + variable fee based on the country?
eBay sale today: $10 off $50 purchase. Until 7PM Pacific tonight.http://pages.ebay.com/promo/2016/0907/C10FALLFLASH.html?rmvSB=true
Hi, I rarely post here since I just haven't had the time, but I feel this is an important subject for all scavengers and the year will be over before we know it. If you have not already, set up both an IRA Account and a Self-Employed 401k. These 2 retirement accounts will save you huge money on your tax bill. For me, this is the first year of full-time Ebay and since I am no longer an employee with a company sponsored 401K, I just yesterday set up a 401K for myself (simple and only took about 1 hour on the phone) which most people are unaware of that they can do. You can put up to $5500 in the IRA and a whopping $18000 + 20% of Net profit into your very own Self-Employed 401K plan. If you're over age 50, you can even put more into both of these plans. I highly recommend you contribute as much as possible to these plans to minimize your taxes and keep more of your hard-earned money for yourself. If you don't know much about investing, simply open these 2 accounts and invest the money in an S&P 500 type fund and/or other low risk mutual funds. It may be painful to save now, but you'll be very happy later!
Depending on your age, I would look at a Roth IRA and Roth 401k. Minimizing taxes up front my seem enticing. If you do Future Value calculations, especially when you're further away from retirement, you will be much better off with a larger nest egg to start retirement. Speaking from 35 yrs personal financial planning experience.
Actually it makes sense to wait to pay taxes because its a good assumption that your income will be lower in retirement than in your younger, earning years.B-Rock, can you talk a little more about setting up a Self-Employed 401K? or provide a link?Do you have to have a certain kind of business entity set up?
Yes, there are many variables to consider as far as whether to open Roth accounts vs. Traditional accounts and each person's situation will be different. With Roth accounts, you don't get the tax breaks now, but you aren't taxed later when you withdraw the money. With Traditional accounts you get the tax breaks now, but you have to pay tax on the withdrawals later on. Either way you choose, it will benefit you tremendously to start saving and investing for your future now rather than later. I'm not sure what you mean by a "larger nest egg". Both nest eggs will be exactly the same at retirement, it's just that one nest egg will get taxed on the withdrawals and the other one won't.
Folks, on the same realm, I worked all my life for companies. They paid Social Security Tax and Medicare Tax on my behalf.The issue is I do not know how it works at all. I know we have to accumulate points to retire. So how do I keep accumulating these points? What and how to I have to pay monthly to Social Security? I looked all over and could not find one single reference. SSN site for example does not describe self employed scenario.
Hi Jay, I'm of the same opinion as you that my yearly income will be less in retirement, which is why I like the Traditional accounts. Also, depending on your tax bracket, Uncle Sam is helping to fund your account by a certain percentage. For example, if you're in the 25% tax bracket and you invest $10,000; you're really only putting in about $7500 because the other $2500 would have gone to pay taxes on that $10,000 of income. I'm able to invest more this way and I like the idea of compounding Uncle Sam's portion as well. There is no right or wrong answer here as everyone's situation is different. There are many financial institutions that will help you set up the Self-Employed 401-k. I chose Fidelity since it's free to set up and they have almost unlimited investment options. Vanguard would be a good choice for people who do not know much about investing as you're limited to their mutual funds which are always highly rated. There are others as well like Schwab, E-Trade, etc. They all have their pluses and minuses depending on what fits your situation best. Any of these institutions will be extremely helpful when you call them because they want your business and they will guide you through the paperwork process; it's very easy. You do not have to have a certain business entity as long as you're Self-Employed, I am just a Sole Proprietor and don't even have an official business name. You do need to get an EIN# from the IRS and this takes about 10 minutes online and you get the number right away. If you have any employees that you W-2 though, setting up a 401-k can get a little more complicated. You can also easily include your Spouse in the plan if they are actively involved in the business.
Paulo,As an employee, a company would withhold from your pay SS and Medicare. That amount is currently 7.65%. 6.2% for SS and 1.45% for Medicare, respectively. The company would pay the same amount as the employer. A total of 15.30%. What is paid into SS goes toward earning credit into SS.As a self-employed, you pay the 15.30% all on your own. However, you do get a credit on your tax return for half of the SS paid. Limit is $7316 or $118k net income. This all works through your income tax return.
Thank you BIG TIME eCom411.This is my biggest nightmare since I have no clue.So I do not have to contribute month after month?What if my income does not meet minimum to pay tax in april season as per the limit you listed above?In summary: if I do not contribute through tax return, will still be able to retire?
No. You do not have pay in month after month unless you are taking a salary in which case you will have payroll taxes (fed, state, ss mc). Otherwise your pay-in is determined when you file your taxes as a self-employed.The numbers I referenced is the max or limit paid into SS. In other words, if your net self-employment income + any salary was greater than $118k, the max you would pay into SS is $7316.We’re speaking broad terms here… You need to pay into SS to collect. And you need to build up credits. I’m not exactly sure offhand how the credits are calculated, but you have to pay into it over time. Something like the last few years before filing are more important. Can’t expect pay into for just 1 year and expect to collect full benefits.
Thank you, much appreciated. Been collecting for decades. SS site says we need to accumulate 12 points during life to collect. I am there already.Will discuss with my accountant also.Big thank you my friend, you were a MAJOR help.
I have had two issues this week I wanted to make everyone aware of.I had a sale yesterday and the payment appears on PayPal as per usual, but it isn't reflected in my balance. It's very odd. On the activity page the payment shows and it is included in the balance, and then with the next line item it isn't in the total. I called PayPal twice and was told both times that it is a known issue that they are working on but couldn't give me a timeframe as to when it will be corrected. The only reason I discovered it is that I reconcile my PayPal balance with each sale. Otherwise this would have been very easy to miss.Also a few days ago, I received an eBay message saying that someone was trying to sell something using my name and photos. Then there was a link on how to correct the situation. It seemed suspicious so I didn't click the link and planned to call eBay the next morning. Overnight I received an eBay Account Security Warning message. It turns out someone had hacked some users' accounts and were using them to send out these messages. I'm really glad I didn't click that link!
I've had that happen to me a few times - an email saying that someone was using my name and photos. I clicked on something the first time it happened, and the link was bad (I guess I was lucky). Then, I got another one, which I ignored. Eventually, eBay notified me that the emails were from hackers.Actually, last year, before I started doing this seriously, I had a legitimate email (from a buyer) saying that a seller was using my photos and writeup. I reported him to eBay, but I guess he had the exact same thing I had and decided to use my photos to sell it. He did sell his item, so I guess eBay decided it was OK. I was fine with him using my writeup, but I don't think that he should have used my photos. (note - I don't know if it was a he or she)
I am experiencing the same issue with paypal displaying the wrong balance in the exact way you described. In fact, i posted about it in the episode 273 thread. I called ebay yesterday & it was fixed this morning. I went through a month of ledger entries on paypal & found 2 more instances of this.
i meant ep 274 thread
I am having the very same issue TODAY.Also, I receive a payment confirmation email for every single PPal payment resulting from eBay transaction, for this case I did not receive any email.I have even posted the item out (cheap though).
=== UPDATE ===PayPal account reconciled. Payment email generated and sent to my business email. A couple of transactions added to match balance and statement.All is good. Seems the resolution status posted by eCommerce411 below has broadcast accross
I am ticked. I just talked to an Ebay rep and asked (1) How do I find all of my listings with old Auctiva scrolls in them, and (2) How do I remove the active content. He said (1) They can only offer an independent website where we can enter each item's ID # and it will tell you if you have active content. (2) They have no idea how to remove the HTML code from our Auctiva active contents. Now why would I want to do #1??? and how do I do #2???? Duh! Even when I pull up one of my listings I cannot tell if it has the Activa rolling scroll--only if I go from outside My Ebay like a customer. And to make it worse, every listing that I have done by piggybacking off an old listing ALSO has the active scroll content. So now I can never do that again. So probably most of my over 1200 listings has the stupid scroll. My only hope is that when they begin removing active content that will take care of my problem--maybe it will just disappear, which should not matter at all to my descriptions, I hope!
You might want to try this:pocomocomputing (926 ) View ListingsCommunity Member|Posts: 1,607| Registered: 01-14-2009in reply to buy-it-now-surplus-warehouse 08-10-2014 10:21 AMYou need to turn off adding the gallery in your Auctiva account. The easiest way to remove the Auctiva tools from all your listing and from future listing with minimal effort on your part is to go log into your Auctiva account, hover over the Help on the right side of the menu bar, at the bottom is file support case, open a trouble ticket requesting that support turn off the scrolling gallery and Sellathon counter and remove it from your active listings. They will do this within 24 hours and depending on the number of listings, it may take a couple of hours. This will permanently fix the adding of of the Auctiva tools to new listing. It will also remove it from most active listing that Auctiva can bulk edit. However, eBay rules that restrict the editing of listings may not get revised and remove the Auctiva tools. For example, eBay does not allow changes to the description in the last 12 hours of listings. You will have to manually edit those listings. If you have old unsold listing or old Sold listings saved somewhere, you will have to manually remove the Auctiva tools from your HTML. How to do this is described above in this topic.
Very similar to work I had to do in the past with mass editing of EB listings. I had to get the listings into Excel, then do a Find/Replace, then import them back into EB. It could only be done on ENDED listings.
Linda, I use Auctiva and like it very much but have never been a fan of the scrolling gallery. If you're comfortable editing HTML, follow this link and it gives you a step by step on how to remove the SG HTML code. https://www.auctiva.com/help/faq/question/question.aspx?question=how-do-i-remove-the-auctiva-scrolling-gallery-from-an-active-listingThe down side is you can only do one at a time but this will at least give you an option when doing a relist / sell similar.
Here is the problem with all that good advice. I no longer have an Auctiva account. I closed it a couple of years ago. But the scrolling gallery remains, and also on all the newer listings that I piggybacked off of the old ones. I guess I will have to figure out how to contact Auctiva. Another question: Will Ebay just delete the "active content" from my listings next year? If so, why should I worry about it now???
Linda, Does Auctiva have a free trial period? You might want to sign up for that just to do this. As to eBay stripping active content next year? I don't know.
Linda, Not only will the active content be blocked, but continuing to have it in your listing will have negative affect on your search results. Being that eBay search is challenging already, that in itself is worth removing the active content.
Linda, How many listings need to be fixed?
eCommerce411, I've read a bunch of stuff from ebay about this, but don't remember seeing anything about a search downgrade for listings with active content. My impression is, ebay is telling sellers that if their active content performs a function that the seller wants to see continue, the seller needs to find an alternative. But it sounds like Linda doesn't care whether the gallery functions or not. I agree, if she will be downgraded in search, that's reason enough to make the effort to pull the gallery. Can you point us to the search downgrade language from ebay?
Under the the "how you benefit" section. Briefly mentions better search experience. This can mean a lot of things. To me, understanding how search and indexing works, means that when code in a page is hard to read, it doesn't spend a lot of time trying to validate it before it indexes it. When this happen that page gets push down in search results.
Anyone ever get a message from another eBay user that claims they are the company of a brand telling you to take their branded items down because you aren't a licensed retailer?The user has 0 feedback and 100 profile views, a member for almost a year. The user name is 511tactical_ip_enforcement from Irvine, CA. The letter attachment is signed by a guy from Kansas City, MO.I've never had a VERO so I don't know what it looks like. To me, this could be anyone that can get an Ebay account (my competition) and just making this stuff up. I would think I would get a message directly from Ebay telling me to take the product down. Is this the case?
I'vr had a couple of weird claims. I would do 2 things: contact eBay and ask for specifics like name, contact, telephone. If they are serious, this will come clear and direct. If a bad competitor, there will be more bovine excrement ...
Fred, I have had a recent run in with what sounds like a similar situation. I had a motorcycle club shirt for sale. The regional director of the motorcycle club mailed me a letter basically asking me to take down any and all merchandise related to their club and he would come pick it up or charges would follow. To avoid an unnecessary fight with ebay (and a motorcycle gang 20 minutes away) I removed the shirt and didnt answer back. I have sold 5.11 items before and never received an email. Their headquarters is in Irvine CA. so my guess is like beachbody, rosetta stone and many others they have a guy sitting around telling ebay sellers to stop selling their products. You're probably protected by the first sale doctrine, however will random ebay VERO rep see it it that way and is it worth the fight.
@fredspremiumwhile back got something via the ebay messaging system from a zero feedback account re: some jm basquiat foundation apparel(art) i had listd. iirc there was one comparable that was overpriced 6-7x with no bin option. i simply listed it for what a nyc/la hipster with disposable $ would pay for it & got the msg the next day. had a goofy handle & read like the 3 stooges attorney wrote it ("if the party in the first part agrees that the party in second part...etc..etc..)i just ignored it. if i thought it was borderline i would have called ebay.i don't sell much clothing, but if i did i would want to have a good handle on this sort of thing. i would make it my business to know it inside-out. do legitimate rights owners engage firms to search for their items, do they msg sellers through the ebay msg platform prior to issuing vero takedown notices or do they just file the takedown asap? there are so many purposeful counterfeitors operating in the apparel & shoe categories that it can make it difficult for the honest sellers. i also heard from someone who sells primarily mid-label clothing that there are some nasty sellers in that category. they usual fire at the soft targets. mostly new sellers who don't know the ins & outs of how ebay actually works. you should be ok, but definitely arm yourself with the facts & maybe let us know the answers to some of the questions i posed. any serious seller has account integrity as their top priority, so many people here would appreciate.
Great news!!! My new routine seems working. Let's see results.Having a great picking week under the spirit of taking the most out of every trip plus leaving the clothes be.Found books, porcelain, and a lot of great shoes.Super happy, super tired, having a lot of fun!!!!!
Good for you, Paulo! Keep up the great work.
I have a 2004 Starbucks mug with the steaming cup logo to list. Similar listings are calling it an "Abbey" mug. Does anyone know what Abbey refers to? Is it a style or shape of mug, or is it a line of mugs named by Starbucks, or something else?
My guess it's that rounded bottom shape, instead of the normal shaped mug bottom.
Question for those selling clothes. For storage, do you store them on hangers or do you fold them and then put them in a box?Thanks.
I fold and put in a box. Stand the box on it's end. Fold and stack the clothes. When you turn the box back on its bottom each piece of clothing is visible from the top...like a filing cabinet drawer.
We have a large storage space we hang all our clothes. Easier to find.
We hang all of our clothes, each rack has a designation code that we put along with the title. Rack A1 A2 ect..This allows us to use each rack to its maximum potential no matter what clothes we are listing at the time. When a piece of clothing sells we know exactly which rack its on based off its sku code at the end of the listing. Even if you decide to go with fold and box method I would suggest labeling the boxes and using a similar method. If you sort and store by "type" of clothing you are under utilizing your storage capacity. Hope that makes sense.
To all the guys that hang your clothes, basement, attic, garage or shed... When you hang your clothing items do you leave them exposed just plain or do you pull a thin piece of plastic down over them similar to the way the local cleaners do? mike in Atlanta
Our clothes are hanging in a temperature-controlled room. So no plastic bags on each item.It's just a huge 20' x 30' closet. Rows and rows of clothes with shows store underneath. You can scroll through our storage photos here: https://get.google.com/albumarchive/114943063573988475778/album/AF1QipPHs-FhVyRy-h1yzX5jS7nuiK5pfFWhN93Vt7wD/AF1QipMvFg9qVKd4LPtAoA9TOUMYOzBatlnye350-BuY?source=pwa
Oh I remember some of these photos now that I see them and also remember some photos of Ryann's mom's space. And one of your "collapsed" shelf.. Funny! LOL. So with that being seen, we have some clothes hanging on a rolling rack in the basement and we get spider webs between some of them, or from the rack to the wall or ceiling. I see you have a door in a photo, don't you still get critters like spiders, or moths floating in when the door is opened as much as you guys probably access the area? We thought maybe a thin bag slide over each item then gathered at the bottom may provide somewhat of better protection than just plain open exposure. But guess your model probably shows that it would not be needed.Speaking of Ryannes mom's, how is coming with the relocation. Is her store going to come back online anytime soon? The we are "temporarily away" notice has been posted for a long time now. Just wondering. ... mike in Atl
Sure, any room will get spiders etc. Just like the inside of your home. So it's important to keep it clean. It's been six years so far with no problems.A plastic bag on each piece would be cool, but might make it more difficult to identify quickly. We'd need almost 800 plastic bags!Jena is in the middle of a long renovation of her mom's Florida condo. So she's far away from her inventory till this winter.
When I started I went ahead and got the clothing item prepared to ship. I weighed them and went ahead and placed them in a poly bag. Many times I use an open flat padded bag inside a poly bag for extra protection. I use cut strips of eBay print out pages to label each item by its listing title, weight, and method of shipping (priority / first class / etc.). I then place them all in big storage bins. I have a bin for women's jeans, tops, skirts, and likewise with men's clothing. The only exception to my method is I do not box up hats, I just throw them in a bin and list them all as first class 9 ounces. If I could go back I would probably have done it different, but too late now as my store nears 1k items.JFH
Just received announcement that the PayPal issue has been resolved.http://announcements.ebay.com/2016/09/paypal-payments-issue-resolved-affected-sellers-will-be-protected/
three times today I've had to enter a captcha to access ebay. is anyone else having this? it's making me nervous. I've never had to do captcha before to use ebay
It's driving me crazy. I've had a captcha about 5 times today.
I have as well.
didn't have it at all today. glad to hear i wasn't the only one! :)
dear youtube arbitrage trillionaires & your legion of fanboy wannabes, when you go into walmart/target/kohls & parade around with your selfie sticks shooting content for your blog, wreckingdisplays while you scan, informing anyone who will listen about your wicked business chops, telling store customersthey can find x,y,z items cheaper on amazon, standing in the customer service line with 6 or 7 shopping carts so you can return $2800.00 worth of keuring machines, please don't think your doing anything wrong. When the manager tells you not to shop their anymore, please don't take offense. He is just another person who doesn't get it. Just go home & blog it up. Soon you will have a portfolio of private label goods shipped from your trusted chinese manufacturing partner via rocketship to the amazon warehouses. women will admire & feel your power, men will inquire as to whose shirts you wear & jeff bezoswill laugh at all your jokes. the cash stuck in inventory, the dirty jogging pants & questionable hygiene,the crappy plastic tube shelves with the crappy stuff on them?--strictly a temporary condition. just the raw material needed to acquire trillionaire status.
Hey Apex. I know you're new around here.Comments like these are unhelpful.We want you to have opinions, but this is just an invitation for a flame war because it's purposefully antagonistic.If you disagree with retail arbitrage, state your facts why and then explain why the methods of scavenging that works for you. At the same time, appreciate that different strategies work for different people. But just simply saying you dont like a group of people is boring.
There has been some very good conversations here about FBA since Jay & Ryanne started their FBA experiment. Real discussion, results, and failures - not grand standing. Listen, participate, contribute - do these three things and the discussion will get even better and more valuable. Welcome and enjoy this drama free environment where we all work to better ourselves and each other.
Jay,i think its funny & it needs to be said. your assuming i disagree with retail arbitrage & the reality is i don't. what i disagree with are the charlatans & their followers, most of whom are failures in both ra & ebay. they muck up the works for those who are serious about it. the worst part is these charlatans have damaged the lives of many people who heed their advice & business sense, only to lose more money than they can afford to. successful arb bandits don't care for the trillionaire,youtube,buy my ebook types i am referring to. they know them well & don't count themselves among them. you could make a pretty good argument that my comment is antagonistic, but i could make the same that is a blunt & rude opinion & sometimes the later is what it takes to get people to confront an issue. assuming we just wanted to be results orientated. the fellow who posts here & runs an above avg sized ra business sounds like he has a pretty refined strategy & he knows how to execute it well. literally the opposite of whom i am speaking about. i can tell you with a good measure of certainty that walmart & kohls throttling of arb bandits, something that will negatively impact him & other competent sellers, is largely a result of the actions of the people i am speaking of. a couple of hours ago i witnessed a pretty nasty confrontation/stand-off between a store manager & a deficient bandit re an over-sized return. this guy is a monument to every youtube amazon fba trillionaire. full of bad advice,terrible buyer, makes a spectacle of himself etc..etc... i'm calling it what it is, but having listened to so many podcasts, i have grown to respect your perspective. not because i always agree with it, but because i think you share an honest one. it's also your site, so i'll tone it down.
I hear you. As far as I know, the scavengers you talk about don't hang out here. Most folks who comment here are pretty conservative "retail arbitragists". Since we are doing a FBA experiment, everyone is just sharing their real numbers, successes, pitfalls, etc.We spoke about a recent article on the possible downfall of retail arbitrage here: http://egrowthpartners.com/arbitrage/Just curious: do you sell online? We havent heard your story.
We can have a respectful conversation about anything or anyone. You are making blanket statements that could include pretty much anyone that has an online presence.I've checked out a few FBA arbitrage folks. Some rubbed me the wrong way, others seemed full of it, etc. There are many good ones out there that genuinely want to help just like here.I get the newsletter from FulltimeFBA and FBAmastery. Sure they want to sell their books, but more power to them. There letter is always an interesting read and they genuinely want to help others do better and there is great information sharing in their comments section just like here. One that did rub me the wrong way initially was Resalerabbit. I learned about him from his interview with J&R here.http://www.scavengerlife.com/2015/11/scavenger-life-episode-229-interview.htmlHe came off as cocky and his videos he seemed to be throwing out completely absurd prices he said he'd get no problem on FBA. His whole model seemed to be one big joke/lie. I watched some more videos, and started my own FBA experiment.Two things happened: 1. I started enjoying his video exploits. 2. His model can absolutely work. I've sold absurd things for absurd prices as well.Feel free to discuss your point, but make it in a constructive way. We'll all learn something.
I definitely had a bias against retail arbitrage and FBA. And I still dont think RA makes much sense without being willing to take a pretty big gamble buying large amounts of expensive inventory (compared to eBay). But we did take many people's advice here who said to keep scavenging like we always do, but just send in items that sell better on FBA.Things like books and newer items. I remember when we bought a small box of fancy vacuum cleaner bags for 25-cents. It sold within a week for $40 on Amazon. Talk about ridiculous.We don't make huge money on Amazon. But it's a steady $500-$1000 a month without much extra work. I like Resale Rabbit because he can travel, send stuff in from wherever he is, and just have money pop into his bank account.
i'm not really a fan of 99% of the online trillionaires. with amazon fba, what they generally leave out is their return rate, account suspensions,account closures & stale inventory. pretty much the same with ebay. the good ones know who they are & feel the same about the 99% as i do. the best amazon fba sellers, you will never hear from. they don't share. the worst offenders are the ones i addressed above. they salt the fields for everyone, literal biblical characters who can render the land infertile. i have seen these people in thrift shops telling employees how dumb they are for over-pricing a certain item & not just once or twice. now let's think about that for a moment, unpack it a bit. let's see if we can spot the real fool.in the first place, there is no upside to insulting a thrift shop hourly employee other than to feed the monster inside of you (not you personally!). #2contrary to their first instinct, a thrift shop over-pricing a random item is generally one of the first things i look for. its a clear signal that at least one person who prices items is working off a set price list & hopefully all of them! it means they are not analyzing the products, identifying labels etc..etc.. that same price list that puts a crappy flashlight on the shelf for $6-7, that isn't worth 10 cents also puts a $300 bag on the shelf for $5-$8,a $250 piece of art glass on the shelf for 50 cents & a $100 book on the occult for $1. Actual items I bought & sold within hours of listing while a trillionaire protege barked about a $15 router. Was the router worth $15? No. Does it matter? No. Was he upset to see a $15 router? Yes, very much so. Was I? Couldn't be happier :)"will you be sure to know the good side from the bad, the captain from the enemy?"
MAP - Love the wicked satire, 100% on the money. I don't give these guys a free pass either. This blog is an anomaly and gives many the positive vibe community/camaraderie needed to grind on."...the best amazon fba sellers, you will never hear from. they don't share."I concur good sir.
Quick thought for the shoe people:A photo of Michael Jackson came across my FB feed this morning and the first thing I did was look at his shoes and think "I wonder what brand shoes Michael Jackson wore?" There's a true sign I love dealing in shoes!Oh, and the answer to the question from what I could gather is Florsheim Como loafers with a leather heel were his go-to shoes.
Super busy day. Have processed most items, now time to take pictures and list (the part I like the least)I had the chance to buy a handful of stuff for Amazon too, which is much easier since I just have to scan the Barcode with the phone and the listing goes by itself.
==== Why do we accumulate Dead Piles and To be Listed Piles?Under my assumption that: 1) Most of us have more fun picking or scavenging, and 2) Listing is the most productive of our activities, why do we accumulate/Is it because we compromise the boring part (processing, photographing) for the fun?Is it because we want to make every opportunity count? (for example, weekends visits to Garage sales)In my case, when I see more incoming than being listed, I stop for a week for example or until everything is in.
The constant itch in the back of your mind that the next $100 sale is just waiting for you to go get it. But you better hurry - because if you don't go get it now someone else will!So we go and then come out with a bag full of stuff. Doh!Developing the self control to not overshop is probably the hardest thing about this business, especially for us part timers with full time day jobs. You full time scavengers though - ya'll don't have an excuse! Get to listing. Lol!
I find that there's a certain level of excitement/interest/forward motion that happens when something interesting is found, and if I ride that wave through research and photographing and listing, it's all good. If, however, I get interrupted, or hit a bump in the research, or feel like I have unanswered questions about the piece that need to be addressed before it can be listed, the adrenaline/dopamine/endorphins/happy brain chemicals wear off, and the piece becomes less interesting, and my brain seeks out its next happy chemical bath at the thrift shop or yard sale... and the piece itself becomes part of the death pile. Once it sits there for long enough, though -- it can become interesting again. I just found a painting leaning against the wall in the living room (#help) which I'd totally forgotten about & which is now totally exciting and motivating again & producing the happy chemicals.
I can pass over items I know have value that I'm not personally interested in selling but then can't leave behind some lower value items in my wheelhouse. Handcrafted baby quilts are one example. Sell slowly. I really need to work on this. Definitely shopping less frequently though.
I agree 100% with Kate. The "chemical bath" hypothesis. LOL.
My store is about 80% clothes so for me i accumulate death piles rather easily. What happens is I buy clothes at the store and then get them home and discover flaws that I did not originally see. Things like a minor stain. This means I have to bust out my tooth brush and some spray and wash, then use the blow drier. Then after that I usually have to measure the clothing item and then also steam many of them. It is a very time consuming process, so the piles grow. Usually I just donate the one's that don't = good money after a while. JFH
Ebay Seller Growth Program - I received an email from eBay earlier this week informing me that I qualify for their new "eBay Seller Growth Program." I had to answer a few questions about my selling philosophy and inventory. A few days later I get another email informing me that I am now a part of that seller growth program and have been enrolled in their "90 day zero insertion fee" promotion on all good til canceled listings up to 50,000 listings/month. Not sure if this is an actual program or just clever ebay marketing to make me feel "special." Either way - hey free listings! :)
Julie, what size store/how many items do you have? That's great that you will have free listings for 90 days.
I didn't get this but did get an offer @340 items to upgrade to the next store level. It looks like they are giving 66% off the monthly fee for a year if I am reading this right plus $100 more in supply coupons if those continue. Can I get my listing in gear like I hope to...? Thinking I'm going to take the plunge.
I have the mid-sized store option and currently have around 770 listings, some with multiple quantity. Nothing like a boat-load of free listings to get me to list.
This is totally off topic but you should add a mug to your store that says "Live, Love, List" as a play on the popular "Live, love, laugh" decor that is popular.
I like it! or Eat,Pray,List...Eat,Post,Love. I List you to the moon and back.
WTH! The second in as many weeks of packages being undelivered for first time buyers. First to a street and # that didn’t exist and now, who knows what the reason until the package is returned. I thought eBay/PayPal verified the addresses.
Happened to me earlier this week for first time, my case was PO Box related though
Friends, I am on the verge of benefiting to convert to FBA.what is the monthly cost to have an FBA store?Thnx
After reading article share by Jay above, definitely staying away from FBA. Not sure why they are getting that restrictive.eBay will be tremendously benefited after those changes
Great sales, as always! I have that exact silverware box, with the dividers removed. I stuck a cash drawer insert they were throwing away at work in it and I use it as the money box for my yard sale each year. Every year, several people try to buy it. but I love it too much to sell. (And it makes a great cash box!)
Friends, updating on my strategy for the short term and second half of the year. Had a productive week enabling me to draw conclusions and high level strategy.Today my revenue is approx. $1,500 per month across all my five stores or channels. I started the week with 300 item in my inventory. Finishing the week with 350.I want to sell ~100 items on the $10-$30 range per month and ~20 items on the $50-$150 range per month.To get there I am fist investing on high yield items (specifically shoes I can sell on the $50 range and highly collectible porcelain figurines on the $120 range). This is my focus, in parallel I am looking for books and lower value items but more loosely, I have also left clothing aside completely.My plan is to get to the end of the year with 1000 items inventory and close to the $2500 per month.Cheers
Two major components to achieve these goals:Continue my Severe organization tasks, including the picture archives (one folder per item with listing code naming each folder) and the storage systemAnd accelerate Etsy listing which has increase sales and will help me to achieve my numbersCheers
I don't get retail arbitrage at all.Large retailers sell cheap everyday and everywhere.What's the advantage for the buyer to buy current merchandise from 3rd parties on Amazon?
If you are in small town America the stores may be far away. It's much more convenient to have something shipped to you. Many of the people that buy from me are in towns under 5000. The closest Target or Walmart is 30 minutes or more away. Ryanne and Jay's closest Target is 24 miles away or a 31 minute drive. If you aren't price sensitive you want the convenience of stuff showing up at your door. An inflated price is just a convenience fee.
oh, got it, sourcing and distribution
Strangely enough, I get a lot of sales from people in large metro areas (NY, San Diego, LA, etc) I know for a fact that these cities have multiple Target, Walgreens, etc stores where they could buy what I sell. But they order for convenience. They never have to leave the house. Maybe they work 40+ hours and have a family, maybe they can afford to not deal with crowds, who knows? I just know that they do.
That's really strange that you had a customer from Russia ask for Twinkies, and really sweet that you sent them. I sold a Woolrich parka to Russia and she emailed me after I shipped and asked how much it would cost to ship Twinkies. I did the research and told her. She said she would email me when she "got her salary" and I haven't heard from her. Could it be the same person? I personally would not eat a Twinkie but I guess they could be a treat in another country.
I wouldn’t eat a Twinkie either. But that’s only because I grew up eating Tastykakes. Anything made by Hostess (or Little Debbie, for that matter) pales in comparison.
I finally got my "What Sold on eBay" in July video posted if anyone wants to take a look.https://youtu.be/5qaiKX5VxOA
Anyone ever have luck filling out a lost mail claim? Ran tracking for the customer and it actually says something like "dead mail/set to recovery center". It made it to his local post office and then went dead. Kinda strange.
you could call USPS 1-800 number and see why that happened. i've never heard of anyone getting an item back from the dead mail center.
Man I had a rough week on ebay--sold virtually nothing and I have been listing....I know that other forum members are doing well (and not just the clothing dealers, LOL.) I am trying not to buy into the conspiracy theories, haha.
I know what you mean. I had two good weeks in a row and I naively thought the slow summer sales were finally over. Then I had two bummer weeks of sales. I am closing in on 1900 items listed and my sales were just over $300 this week. I had a couple of less than half price but biggish offers this week I wonder if I should have just taken instead of countering. I know you've had some luck with Etsy. You've inspired me to consider opening a store. It's time for me to explore some other options!
Is it just me or are more sellers reporting increased sales on Esty over eBay? I'm not familiar with Esty, but I'm curious if you tend to offer the same products across both platforms and if the buyers tend to have recently joined Esty. Thanks.
On Etsy, you're limited to handmade and vintage items with some craft supplies also permitted. Fees are lower, I believe .30 per listing plus 3ish percent. Traffic in my experience is lower and I believe most Etsy sellers spend more time on curating and promoting their shops through super photos, more compelling descriptions, and involvement in "teams," than do eBay sellers. It's a great venue for quirky vintage items and I'm sure Sue and others who are currently on Etsy can discuss their process and answer your questions re products and buyers. I was on Etsy a few years ago before moving over to eBay and have found more success here; I get better results from the limited time I have to list items, although I've learned so much since coming to eBay I'm sort of perennially tempted to give Etsy another try.
Etsy charges .20 per item which buys you 4 months of coverage, final value fees are around 5% with the same sort of transaction fees that we pay on ebay. I do some cross posting between the 2 venues, but my less expensive items remain on etsy because of the lower fees. I only use etsy promoted listing (paying a small fee when someone clicks to look at the item) and have a couple of pinterest boards, otherwise I do nothing special to promote my etsy store beyond trying to list as much as possible.
So... Almost nothing I said was true. Stepping aside, with apologies... ;-)
Why taking advice from Jay and Ryanne will make you a millionaire:8 frugal habits that will make you a millionairehttp://www.aol.com/article/2016/03/18/8-frugal-habits-that-will-make-you-a-millionaire/21330135/?ncid=txtlnkusaolp00001363&linkId=28520070
Unfortunately, they left out the one and most important item that underscores the foundation of all of the other habits and most every aspect of a person’s daily decision making. And that is the understanding of compounding. The eighth wonder of the world. Personally, there is no other lesion learned that has made me successfully come close to reaching my family’s financial goals.
Very cool sales... I had several SAE components back in the day and they were very high quality and $$$ then so I know they are still very desired. Love the sale of the solo shoe... I don't think people realize how hard it is for amputees to buy only one shoe. I'm sure most of the time they have to buy two and donate the other one. Great shares!