The Numbers: Week May 12-18, 2024

Items in Store: 2871
Items Sold: 27
Total Sales: $1,242.00
COGS: $176.00
Total Profit: $1,066.00
Average profit: $39.48
Average sales price: $46.00
New Listings: 45
Items scavenged: 25
2024 weekly new listings Avg: 28
2024 avg gross weekly sales $1,472.75
2024 Avg weekly Items Sold 33
2024 ASP $44.56
2024 projected total sales $76,583.00

I got a lot accomplished this week. I put a bunch of listed items into inventory. I got my son to clean 20 pair of shoes, and my daughter photographed 14 pair. I’ve kept plugging along on creating draft listings and I’m still over 130 ready for photos. I even got some electronics testing done on some cameras. It always astounds me when people sell video cameras with recorded media still in the bag. One of them was likely a storage cleanout, but still surprising. This one had a church play and just random vids of the family on it. There’s no way I could get this back to the family so I just toss it after testing the camera’s playback/record functions.

Saturday was a weird day for me. I had BIG plans to get stuff done since we had no baseball games for once. I did yard sales early just before 8 with my wife. She was tired (growing a baby is HARD work) so I dropped her off back at home for a nap at 9 and I went back out by myself. After yard sales I took my wife out to lunch – she had been napping all that time until I got home at 12:30. When we got back home I ended up taking a nap until almost 6!

So at the end of the day all I accomplished was yard sales. No yard work, no organizing work, nothing. I made up for it on Sunday though!

This week so far I am firing on all cylinders. Every day I’m creating drafts, photographing 5-8 items, my son is cleaning shoes, and I’m putting at least 5 items into inventory each day. I’m also ending/sell similar at least 30 items a day.

Premium Hoarder update:

Sold 7 items for $679.

Sold a pair of Mezlan loafers for $375 as my big sale of the week.

Total Listings in Store:  915
Items Sold: 9
Gross Sales: $494  (including eBay fees, shipping, and taxes)
Net Sales: $339  (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $100
Highest Price Sold: $79 New serving platter
Average Price Sold: $55
Returns: 0
Money Spent on New Inventory This Week: $125+
Number of items listed this week: 2

I was just super fatigued last week and still recovering from the virus.  Helping the kids with some things, they are struggling with some life transitions and getting opportunities.  I did get out sourcing once to a community yard sale in my own neighborhood and did very well, especially with linens.   Some people had quite high prices on their clothes and even tagged them individually.  Some people were so kind and just gave stuff away or charged a buck.  I bought a pair of supposedly real ruby earrings for $5 for my daughter. Based on the stuff at her sale I think they actually may be real.  They didn’t have a lot out and I passed over that one once.  The best part is that all of these houses were close together and they had quality stuff, like 40+ sales.  Wonderful!

The weather here is super fogged in, which is not uncommon but since we had such an unusually rainy year, it feels like summer is delayed.  I hope it clears when I start the live selling next month.  Looking back, all of the community sales and rummage sales got stacked up.  I’ve been doing too much sourcing and not enough listing for sure.

I listen to several other podcasts.  A common theme right now is getting rid of lower dollar and lower demand stuff weighing down your Ebay store.  People are also discussing how you need to work harder and take lower offers to make the same as pre-Covid.   For me, I’m trying to get myself to check ending listings.  I kind of shut down Ebay-wise and was still working my day job during the Covid outbreak, so I realized I was pricing my items too high.  Now when I sell similar I only look at the past year of sales and I’m finding I need to drop some prices.  Some of my items that have been selling lately are price adjusted items.

Feeling better now and working both on pop up booth prep and getting back to listing.  However, I’m in San Francisco this weekend for my daughter’s last choir competition, so won’t be listing much after today.  Next week hopefully I’ll be killing it?

Catching up. I just left on vacation when this was posted.

Week of May 12 – 18
Total Items in Store: 1620 eBay, 18 Etsy, 76 Ruby Lane
Items Sold: 13 eBay, 0 Etsy, 0 Ruby Lane
Cost of Items Sold: $8.50 + $49 Commission
Total Sales: $321.38 eBay
Highest Price Sold: eBay $79 for Double Bull Horns Western Wall Decor
Average price: $24.72
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 0