Custom Label SKU Area- How do you use it?

I sometimes put in a note to remind myself how I was planning to ship the item. For example, priority mail tyvek envelope vs. box. Regular polymailer vs padded polymailer.

I use it for my location (Box 1, Books, MCM, etc) plus I have now added the SKU (1011, etc) from the inventory tracker that is available from Mark Tew, the CPA who was on. I am now adding all my listed and sold inventory from 2018 into it and then will be adding new items as I get them. This will help me with my numbers and I can get them to share here.

I use it to fill in the inventory number that I assigned at the time of purchase (kept on a spreadsheet). I assign inventory numbers based on year. I also include the initial cost and whether it’s listed as free or calculated shipping. An example:

17-237/5.95/CS

The 237th item I purchased in 2017, which cost 5.95 and is currently listed with calculated shipping.

I don’t print anything for my orders, but I set it up so the SKU shows on my sold page in the seller hub and I transfer the inventory number and the cost to the spreadsheet I use for sales.

I use the custom label for date I purchased, where I purchased and how much I payed. Gives me an idea on older inventory and how much wiggle room I have to lower the price if offered.

20180416 Goodwill $0.59

I do the date this way so it is sortable.

Q: What is the “inventory tracker that is available from Mark Tew”?

I use my SKU for date listed, location, COGS (Cost of Goods Sold/purchase price)

041818-BOX11-1.00

When time to ship, I can find it easily.

I also can gauge if time to put the item on sale and off load if I have had it a very long time.

Hi all,

those are interesting ideas, yeah I sometimes forget if I meant to pack into a box or padded envelope when I was listing the item.

I use the custom labels / SKUs only after the items are sold.

I will type in either, ‘ON THE WAY’, “CANCELLED” for cancelled purchases, or ‘DELIVERED’. As being an international seller, delivery times are important, so twice a week, I spend 20 mins just checking the tracking numbers of the items I sold, to see if which items have been delivered, or are still on the way and more importantly if the item has arrived but the postman made a failed delivery, which I then send an email out to the buyer to ask if he’s received his purchase.

In that way I also close the ‘loop’ on my sales. Knowing that the item has been delivered.