The Numbers: Week of November 12-18, 2023

This topic has 16 replies, 7 voices, and was last updated 1 year, 3 months ago by Lukastreasure.

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- 11/22/2023 at 11:29 am #101702
  Jay
  Keymaster
  Location: Virginia
  @jay
  Sales felt good this week. Selling and average of about 4 items a day. Shipping is almost annoying. Always fun to wake up to see sales. Running a bric
  [See the full post at: The Numbers: Week of November 12-18, 2023]
- 11/22/2023 at 11:59 am #101704
  ebaymom
  Participant
  Location: Ohio
  @ebaymom
  Jay, your store sounds like the coolest place in the world! I imagine you are always busy with plenty to do there… but is there ever any “down” time? Is it possible to work on eBay listings remotely from the shop if you are ever slow? Would you even want to? eBay is still going so well for you guys… even if it isn’t your only focus.
  
  Last week was a good sales week… I think a record for me. I had 3 high dollar sales (Paid more than usual for 3 bigger ticket clothing items with a 100% sell through rate and they all sold within 3 days so that helped a lot!)
  
  My Store Week November 12-18, 2023
  
  Total Items in Store: 838
  Items Sold: 26
  Gross Sales: $883.44 (including eBay fees, shipping, and taxes)
  Net Sales: $539.65 (minus eBay fees, shipping, and taxes)
  Cost of Items Sold: $91.42
  Highest Price Sold: $94.95 (Rock Revival Jeans)
  Average Price Sold: $33.98
  Returns: 1
  Money Spent on New Inventory This Week: $150.23
  Number of items listed this week: 35
  
  $ Amount Listed this week: $1189.49
  - 11/23/2023 at 12:53 am #101713
    Retro Treasures WV
    Participant
    
    Location:
    @retro-treasures-wv
    Good job on the higher dollar items. It is easy to get scared off by the higher COGS. This is one of the things that separates the pros from the casual sellers.
    
    it’s all just a formula. If the STR and sales price makes sense, the COGS are irrelevant as long as you have the cash flow to pay the upfront cogs.
    
    take shoes for instance – a local goodwill prices their shoes up – sometimes as high as $29.99!
    
    I’ve happily paid $15-30 for pairs there if the STR is good and the sales price is good. If they want $19.99, the ebay sales price is $60+ and I feel confident that I can sell it within 90 days, I’ll buy that pair of shoes every time.
    
    one pair of older Nikes I bought there for $30 without direct comps, but from experience I knew I could get $100+. I bought them and they sold for $120 a couple months later.
    
    Do I miss the days of flat $4 cost for shoes at goodwill? YES! Those days are gone though and I had to adapt. I still buy just as many shoes and make even more money than I did before.
    - 11/23/2023 at 11:53 pm #101722
      ebaymom
      Participant
      
      Location: Ohio
      @ebaymom
      
      @retro-treasures-wv Yeah.. the good old days of $4 shoes… I remember those days! No longer…haha… we are all adapting…. I really appreciate you sharing your STR “formula” and thoughts about STR. You are so spot on. I am finally willing to spend more for better items and my business is growing a little more every day… I do like the idea of Pros vs. Casual Seller.. will be keeping this in mind next sourcing trip tomorrow for sure. Happy Thanksgiving to you and anyone reading this!
- 11/22/2023 at 1:39 pm #101706
  Retro Treasures WV
  Participant
  Location:
  @retro-treasures-wv
  Items in Store: 2810
  Items Sold: 31
  Total Sales: $2,511.00
  COGS: $239.00
  Total Profit: $2,272.00
  Average profit: $73.29
  Average sales price: $81.00
  New Listings: 52
  Items scavenged: 19
  2023 weekly new listings Avg: 44
  
  My day job consumed alot of my energy and brain power this week. It was a rough week catching up from being gone for a week. Then this weekend I had alot of housekeeping to do with ebay inventory. I still managed to get 52 listings up, and it is kinda funny that I consider 50+ listings a disappointment now. That’s ALOT of listings for a very part time business! Normally I (frustratingly) wake up early on the weekends, but this weekend I slept in until 8:30 both days. That means I didn’t get any ebay work done in those 2-3 hours before everyone else wakes up.
  I’m falling behind on my listings goal, but it was a stretch goal anyways. We’ll see if I can catch up a bit this week since I have some time off. I’m already at 26 listings as of this morning for the week. I’m off work the rest of the week after today. It’s not out of reach by any means. And even if I don’t hit the goal (which will be 2500 new listings on the year!) I have already listed more than any other year already by several hundred. Here are my fall/winter listing stats:
  FALL/WINTER
  Goal: 1113
  Current 698
  Remaining 415
  Remaining Avg Needed 69
  Current weekly avg 58
  
  Now aside from listings, another goal I had this year was beating my numbers for 2020 – the anomaly covid year. At this point in 2020 I had $52563 gross sales. So far this year I’m already at $57011 gross sales! I’m gonna beat the brakes off my 2020 sales! Woot! I don’t think I’ll hit $70k, but it will be close. I’d have to average $2165 a week the rest of the year. I mean weeks like this helps, but I had some heavy hitters that got me there this week. That isn’t gonna happen every week.
  
  Premium Hoarder update:
  
  Paid: $12441.00
  
  Sales Minus fees: $18825.62
  
  Total Sales: $21701.00
  
  Items Sold: 192
  
  ASP: $113.03
  
  PROFIT!: $6384.62
  
  12 Items for $1812 this week. So I’m back to getting some of the clothing listed after heavily concentrating on the shoes for a few weeks. It has been nice to be paying all my bills including credit cards with my ebay checking account lately. My hope is to have a nice healthy business bank account come January and make an offer on everything that is left. We’ll see!
  - 11/22/2023 at 3:59 pm #101708
    ebaymom
    Participant
    
    Location: Ohio
    @ebaymom
    Retro, Way to go… I’m always in awe of your numbers. You have super scavenging AND ebay skills. I can’t believe you can knock out 52 listings a week while working another full time job. That in itself is a full time job. Obviously you have refined your process in order to get it done fast… what are you secrets? How long does it take you to do a listing? I am still struggling… I have been selling now for 7-8 years and sometimes I still feel like a newbie. I am serious about improvement though, photography is my bottleneck and I am determined to improve my process this coming year… I’m still using my phone and a piece of poster board on my kitchen floor and manually editing all the photos to make them look good (which takes a long time). Yeah, I know… time to do better.
    - 11/23/2023 at 12:26 am #101711
      Retro Treasures WV
      Participant
      
      Location:
      @retro-treasures-wv
      
      I use every spare minute – that’s the secret. I get 2 breaks and an hour lunch at work. I do ebay in that time. I keep bins of unlisted inventory in my van. I always have a bin of drafted listings that just need photos. I take photos in the morning before I leave for work. I just take them and upload later. Photo uploading happens in the wasted minutes of the day- waiting in line, down time at work…bathroom breaks.
      I also pay my kids to do some work, but they are very inconsistent. My son is decent at cleaning shoes. My daughter is quite good at photos but she is slow, easily distracted, and runs out of steam about 5 items in.
      
      where some people play video games, golf, work on cars – I do ebay. It is my hobby, my fun time.
  - 11/22/2023 at 4:25 pm #101710
    ChristineR
    Participant
    
    Location: Southern California
    @christiner
    I’m so impressed with your consistency. I am not a goal oriented person but I should really get on a better track next year. Kudos!
- 11/22/2023 at 4:24 pm #101709
  ChristineR
  Participant
  Location: Southern California
  @christiner
  Total Items in Store: 1134
  Items Sold: 16
  Gross Sales: $798.18 (including eBay fees, shipping, and taxes)
  Net Sales: $427.27 (minus eBay fees, shipping, and taxes)
  Cost of Items Sold: $145
  Highest Price Sold: $168 (Signed art print, paid $12 or $14)
  Average Price Sold: $49.89
  Returns: 1 but not shipped.
  Money Spent on New Inventory This Week: $80 thrift xmas boutique + 10 thrifted + 25 Target RA
  Number of items listed this week: 24
  
  I’m happy for all of you having good sales. My sales were just ok, but I fell down on the listings again this week. My daughter is off school and we are out of town for a memorial this weekend, so this week will not be good either.
  
  @Jay so wonderful to hear about your shop and I’m thrilled it feels the way you imagined. Fall might be even better than Christmastime in a coffee shop where you live… You’ll have to share your playlist sometime. Hope all is going well with the cafe.
  
  My daughter made a comment about the inventory growing and I’m thinking a lot about my store growth and direction. I’m also thinking of moving more toward the fast nickel from my very slow dime position.
  
  Been listening to some podcasts and thinking about my model. This techie friendly guy https://www.youtube.com/@justinresells is very concise and is building a new app for Ebay resellers. I might be interested for inventory management and COGS recordings. He is taking requests for beta testers. I heard elsewhere this week that there is three years of Terapeak data available now. In local news, one of my picker buddies is seeing a lot of new resellers. I’m really glad I’m not hunting for clothes. He said there is a new guy always at Goodwill too looking everything up on his phone. Makes me happy I started earlier, found my niche and know some things by now. Perhaps I will get cornered into selling mostly linens that nobody seems to care about…
  - 11/23/2023 at 12:35 am #101712
    Retro Treasures WV
    Participant
    
    Location:
    @retro-treasures-wv
    Justinresells has some great info! He is all about efficiency similar to me. You want to know most of my secrets – just watch this guy. He gets it!
    
    there’s always plenty of stuff available for scavenging. I don’t sweat it when I see other resellers in my normal spots. Yeah they may get some good stuff, but I know they’ll miss stuff and/or are looking for stuff I wouldn’t be interested in anyways. They can have all the low STR/low dollar stuff! Then once they are gone more stuff will come
    
    also, most of them avoid the shoes. 😀
    - 11/23/2023 at 10:44 am #101717
      ChristineR
      Participant
      
      Location: Southern California
      @christiner
      
      I agree. I was happy to hear that Justin Resells had the same listing process as I do. It made me feel like I’m being efficient as possible unless and until they improve the app or simplify the process.
      
      I am not worried about sourcing. However, my friend does sell shoes and he seemed a bit bummed. He haunts Goodwill because it turns over incredibly fast and is centrally located so it’s his favorite. I have the advantage of leaning toward breakables and other things fewer new sellers are interested in. However as my store grows I may be looking for more of a balance for packing time and storage space reasons.
- 11/23/2023 at 1:36 am #101714
  craig rex
  Participant
  Location: south jersey
  @craig-rex
  The cafe sounds a lot like a scavenger’s dream. I have to get down there sometime. Happy Thanksgiving, everyone.
  
  11/12/2023 to 11/18/2023
  
  Listings: 405 (up from 404 the previous week)
  
  Items sold: 47 (19 via best offer, 6 via seller initiated offer, 35 via promoted listings)
  
  Gross sales: $2181.03 (up 69% from one year ago)
  
  Net sales: $1426.93 (up 62% from one year ago)
  
  Average sales price: $46.40 (down 13% from one year ago)
  
  Highest price sold (net): $263.48 — a bulk lot of 48 graded cards
  
  Lowest price sold (net): $8.78 — Nathan Eovaldi 2012 Topps Gypsy Queen autograph
- 11/23/2023 at 2:52 pm #101719
  Sharyn
  Participant
  Location: Central NJ
  @sharyn
  Still having lower sales going into fourth quarter. Glad I have a part time job! I generally don’t use promoted listings and such, so I’m sure that hurts. All I do is run sales every month. I’ll be putting all Christmas and other holiday stuff on sale for the first two weeks of December. Maybe that will help.
  
  Week of Nov 12 – 18
  Total Items in Store: 1757 eBay, 35 Etsy
  Items Sold: 10 eBay, 0 Etsy
  Cost of Items Sold: $11 + $53.60 Commission
  Total Sales: $219.49 eBay, $0 Etsy; includes fees but no shipping
  Highest Price Sold: eBay $45 tie: 1979 Gorham Sterling Silver Snowflake Christmas Ornament & 1992 Mattel Seven Dwarfs Color Changing Gift Set
  Average price: $22
  Returns: 0 (1 refund due to damaged item)
  Money Spent on New Inventory This Week: $0
  Number of items listed this week: 9
  - 11/24/2023 at 12:05 am #101723
    ebaymom
    Participant
    
    Location: Ohio
    @ebaymom
    Sharyn, maybe try a one day experiment and try promoted listings for a day… try their insane recommended rates. I had a horrible sales day (crazy no sales day) yesterday so just cranked it on… you will see your impressions double or at least significantly increase by the end of the day and a few hours after kicking it off the sales will start coming in. I think promoted listings are more effective than markdown sales now. I do get a lot of (0) feedback users, so somehow the promos are being successfully marketed to people out there shopping elsewhere. Good luck with your cool Holiday inventory! Happy Thanksgiving!
    - 11/24/2023 at 1:54 pm #101726
      Sharyn
      Participant
      
      Location: Central NJ
      @sharyn
      
      All right. I set up a promotion listings campaign for two of my store categories through the end of the month, so more like 6-7 days. At the beginning of December, I already have a markdown sale set for the first two weeks for similar categories. Let’s see what happens.
    - 11/24/2023 at 2:06 pm #101727
      Sharyn
      Participant
      
      Location: Central NJ
      @sharyn
      
      I did cap everything at 9%. Seems like their suggested ad rates are higher, but I can’t see paying that much!
- 11/30/2023 at 3:37 pm #101777
  Lukastreasure
  Participant
  Location: Chevy Chase, MD
  @lukastreasuretrove
  Late again. Life has been getting in the way of eBay, but in a good way. Sales weren’t awful, but not what I’m used to seeing this time of year. I was really hoping that the time I spent listing Christmas ornaments earlier in the year would be paying big returns this time of year, but not seeing what I’d hoped.
  
  Week Ending 11/18/23
  Gross Sales(w/o shipping $ tax): $889.21 (eBay $734 / Etsy $156)
  Net Sales: $697.29
  Total Items Sold: 23 (eBay 20 / Etsy 3)
  Total Items in eBay Store: 1183 / Etsy: 555
  Cost of Items Sold: $102.13
  COGS Percent: 14.65%
  Highest Price Sold: $199.95 (Glass nativity)
  Average Price Sold: $38.66
  Returns: 0
  Money Spent on New Inventory: $0.00
  Sold via promoted listings: 18
  Promoted Percentage: 78.26%
  Average Days Listed: 512
  Longest Listed: 2106
  New items listed: 10
  New Listings Value $967.50
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