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This week offers a positive outlook for my store’s continued growth in 2024. By all the numbers, I should have had a really slow week of sales. Even though it was the week before a holiday, which meant the potential for strong sales early in the week. People’s minds might wander away from online shopping once estimated shipping times push past Christmas, but this should be a decent week for almost any online seller.
But I haven’t been listing consistently this month. Despite a glut of sold inventory ready to list (photos and all), I’ve been making only a few listings a day or (often) none. This has sort of been planned. After my most recent batch of auctions ended Monday the 10th, I went through all my inventory. Culled the low performers, repriced, relist and strategized for the next batch of auctions which I’ll start on Sunday, December 31st. Until then, I figured I would live off of the unsold listings showing up as “new” listings, especially since many of them had new prices.
I also ran a 25 percent off sale through last Wednesday, trying to pick up sales in the last days before Christmas. Often you can do all these different things and they don’t do much. But I had a decent week of sales. My inventory dwindled down to 300 listings and even below it over the last week. Net sales were similar to my 2022 numbers, which is a surprise since my store is much smaller now. 22 items sold, which is way above the rate I expect. Most importantly, I spent some good time late last week doing a photography session (for bulky items) and a scanning session (for individual trading cards and curated team lots), so I was able to set up a bunch of listings over the last few days. Starting the last week of 2023 on a good note!
Predictably, the most expensive item from Thursday’s photo shoot, a wholesale lot of 48 graded sports cards, sold over the weekend for $350. Get that stuff listed, folks. It’s taken me the bulk of this year to figure out how to make these larger lots profitable, but I think this will be the innovation that makes me an extra $5000 (or more?) in 2024 as long as I list them consistently.
My best innovation of 2023 was my curated 10 card team lots. Over 400 sold in 2023, including 9 this week. I’ve started pricing “better” lots at $40 which gives me more room to negotiate. I think a lot of these buyers are collectors and they like best offer or a coupon. I have improved a lot at making these lots as I’ve figured out the formula so they sell quickly. But still so more to learn! Some teams I can barely keep in stock and others I can’t sell at all.
I sold a Michael Moorer signed boxing glove during my 25% off sale and a day later, sold an Oliver McCall signed glove for nearly the same price. I had bought both from one of my favorite consignment sellers, this guy in Oklahoma who I’ve talked to once or twice on the phone. I paid $6.49 for the Moorer and my net was $22.29. I paid $12.09 for the McCall and my net was $23.17.
What did you sell this week?
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Thought to ponder – have you considered building a brand and doing Whatnot?
You have all the skills and knowledge in a niche that is tailor made for whatnot.If you can get a channel going over there you can really churn through some product and get ebay prices most of the time.
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Mike at https://www.youtube.com/@JunkWaxHero has had good luck on Whatnot. Of course he’s got a pretty active channel.
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https://www.ebay.com/itm/235341157455
I recognized these as Pottery Barn because my husband and I had the silver ones in the 90s. Good bolo, more modern than the current version PB has and I like them better. Paid $15
Not full sets but found several NIP sheets at a thrift for $6 apiece by the fantastic designer Vera Neumann. Buyer was very happy https://www.ebay.com/itm/335162101512
BUT it’s vintage Christmas craft kits for the win! Paid $2-5 each, estate sale and GW. https://www.ebay.com/itm/235329533726
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https://www.ebay.com/itm/266573057023
UNDERTALE Gold Locket Limited Collector’s Edition Nintendo Switch
First off, if you haven’t played this game you should! It’s unlike anything you’ve ever played. Anyways, my daughter wanted one of these collectors editions for the gold locket and soundtrack. I bought a few extra to resell since they are hard to come by. This was the last one I finally sold. Basically doubled my money after fees.
https://www.ebay.com/itm/266505455987
Saunders Q&A Review Cards NCLEX-PN® Exam Silvestri Flash Cards 2d Ed LVN LPN
Medical/law flash cards are always a BOLO. These sold for full price in a month. I paid $2.
https://www.ebay.com/itm/266407632699
Vintage Panasonic Omnivision 13” Color TV VCR VHS Player Combo TESTED PV-C1332W
Sold for full price. Paid a couple bucks at a yard sale. A pain to ship, but packing peanuts makes it a bit easier. It arrived in perfect condition and buyer left glowing positive feedback.
https://www.ebay.com/itm/266577081193
Hot Wheels Workshop Car Maker Makes 10 Cars Create Your Own Age 8+ Mattel New
I picked this up at Goodwill sealed for $7. Sold for full price within a day. Nice!
https://www.ebay.com/itm/266329017222
Spyder X-Static Dermizax-EV Men Full Zip Snowboarding Ski Jacket Hood Size Large
I picked this jacket up along with a pair of Spyder bib overalls (listed separately for $130) at a yard sale for $40. Sold for best offer $200 and already have positive feedback.
https://www.ebay.com/itm/266407631003
Vintage Gold’s Gym Men’s Black Crew Neck Sweatshirt Size M Made USA
Sold for $100 best offer. I paid $1 at a yard sale. I was shocked when I listed it. When I picked it up I figured it was good for $40-50.
https://www.ebay.com/itm/266534252446
The Private World of Yves Saint Laurent & Pierre Berge 1st Ed HC DJ Book
I picked this book up at the Premium Hoarder sale for $1. Sold on offer for $60 since I was hungry for sales. I flipped through this book and I could see that this was the main influence on the interior decorating/hard goods that were in the apartment.
https://www.ebay.com/itm/266568448818
Nintendo 64 Expansion Pak N64 Red and Black Memory Pack Original Authentic OEM
Sold for full price. Pro tip – if you ever pick up a Nintendo 64 to resell, pop open that little door in front of the cart slot and check for this bad boy. N64’s originally came with a jumper pack in this spot and the expansion memory was added later for newer games. I bought a few jumper packs for like $4 each pre-emptively a while back so I was able to swap this out and sell separately.
https://www.ebay.com/itm/266294541846
Mr. Christmas Grand Music In Motion 15 Song Music Box Tested Punch Paper 1999
Sold on Christmas Eve for $90 best offer. I paid a couple bucks at a yard sale back this summer.
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