A nice variety of sales from Steve this week. Always keep an eye out for Pendleton coats, they can sell for a good amount.
What Sells On eBay: Audio Tapes, Audio Tapes, Audio Tapes
Steve seems to be the king of being able to find and sell blank audio cassette tapes at a great price. Keep it up!
Scavenger Life Episode 275: When Do You Scavenge?
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Hey ya’ll, we just landed in San Francisco after traveling all day, but we were able to record the podcast this morning before we left. So I’ll keep it short, as the time zone difference is catching up to us (Jay is snoring as I write this).
Links we talked about-
- The article Flim sent us, Why It’s Nearly Impossible To Stop This Amazon and eBay Scheme
- eBay’s 5 day return policy in writing
- B-Rock mentioned the 401k program for self-employed people. It’s called the Solo 401k.
Hope you had a good week.
Our Store Week Sept 4-10, 2016
- Store #1
- Total Items in Store: 4,142
- Items Sold: 42
- Cost of Items Sold: $90
- Total Sales: $1,564.00
- Highest Price Sold: $160 (jewelry)
- Average Price Sold: $37.23
- Returns: 0
- Money Spent on New Inventory This Week: $60
- Number of items listed this week: 40
- Amazon FBA Store
- Number of items sold: 11
- Amazon total sales: $210.94
- Amazon FBA Fees, COGS, Returns, Shipping: $100.99
- Net profit after COGS: $109.99
- Sold 0 items for 0
- Store #2
- Total Items in Store: 1066
- Items Sold: 12
- Cost of Items Sold: $37
- Total Sales: $500.91
- Highest Price Sold: $200 (sink)
- Average Price Sold: $41.74
- Returns: 0
- Number of items listed this week: 0
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Bonanza:
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Podcast: Play in new window | Download
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What Sells On eBay: Mathes Cooler Fan, Ray Charles Program, Libbey Glass Mugs, One Lone Ferragamo.
What a great sale in that Mathes Cooler fan. Never seen one of those, but they sell for great prices. And of course, you gotta love the one lone Ferragamo sale.
What Sells On eBay: Pizza Oven, Mid Century Percolator, Telefunken Radio, Wrangler Denim
Always a cornucopia of interesting sales from Steve. Check out those vintage Telefunken radios (amazing name, should totally be a Kraftwerk cover band). Some go for upwards of $1000!
Scavenger Life Episode 274: We Don’t Care About eBay Watchers
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Each of us runs our own store using different techniques. One thing we do is ignore if a listed item has watchers or not. All we do is research the item, list it, and then wait for the right buyer. Every year or so we go through older items to see if they can be tweaked, but we know our items are long tail so just need time.
Why do we ignore the number of watchers on an item? What if an older item has ZERO watchers? Shouldn’t that tell us that we’ve done something wrong?
Let’s look at the numbers.
This week we sold 35 items.
11 of those items had zero watchers.
Most of those items have been listed more than a year.
So that’s more than 25% of our sold items with no watchers, selling at full price.
If we had stared at the number of watchers, fretted and second guessed ourselves, then we may have ended up selling items at a fire sale because we might think no one wanted our stuff.
We have a healthy amount of items with large numbers of watchers that haven’t been bought in over a year. If so many people are watching an item, why doesn’t someone pull the trigger? Who knows. What we do know is that someone will eventually buy it. And as long as items are selling each day, it doesn’t really matter what item it is.
This week we mentioned the following links in the podcast:
- Shane sent us this article about “fast fashion”. Some companies are putting out new clothing lines every other week, creating a huge stream of unwanted clothes. The US is sending millions of tons of good clothes to the landfill because of the lack of demand.
- The eBay 2016 Fall Seller Update is out . Make sure you read it. Takes about ten minutes but keeps you up to date on the small changes eBay is making. These updates come every Fall and Spring.
Hope you had a good week. Happy Labor Day, Trash Elves.
Our Store Week August 28-Sept 3, 2016
- Store #1
- Total Items in Store: 4,173
- Items Sold: 35
- Cost of Items Sold: $587
- Total Sales: $2,229.32
- Highest Price Sold: $1000 (artwork)
- Average Price Sold: $63.69
- Returns: 2
- Money Spent on New Inventory This Week: $50
- Number of items listed this week: 42
- Amazon FBA Store
- Number of items sold: 16
- Amazon total sales: $592.60
- Amazon FBA Fees, COGS, Returns, Shipping: $209.81
- Net profit after COGS: $382.79
- Sold 3 items for $80
- Store #2
- Total Items in Store: 1080
- Items Sold: 5
- Cost of Items Sold: $10
- Total Sales: $141.96
- Highest Price Sold: $40 (vintage leather purse)
- Average Price Sold: $28.39
- Returns: 0
- Number of items listed this week: 0
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Bonanza:
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Podcast: Play in new window | Download
Subscribe: RSS
Are Your eBay Listings Mobile Friendly?
Thanks to a tip by Jamie, you can use eBay’s Mobile Friendly Test with any of your item numbers to see if they’re up to snuff for people shopping with Androids, iPhones, Tablets etc. None of our listings were passing the test, despite having recently transformed them all into plain text with no active content or html. The great thing is, it’s easy to bulk edit their code right into your listings, just follow the tutorial above posted by fellow eBayer Mesha Travesser.
The most obvious question is why aren’t listings generated on the eBay website that just use plain text passing this mobile friendly test? The asnwer is: I have no idea. This is clearly a run-up to when eBay discontinues the ability to put active content into your descriptions. They want every description to be pure, plain text for mobile users. Hopefully, next year this code will automatically be part of their internal code for all listings. But for now, it won’t take long to bulk edit, so you might as well give it a try!
What Sells On eBay: Dickies Denim Jacket, Shot Bags on TrueGether, Technics Turntable
Some real bread and butter sales from Steve this week (us too). Always keep an eye out for the elusive Canoe Muffin flatware!
What Sells On eBay: Black & Decker Space Saver Coffee Maker, Vintage Rotary Telephone, Sony Trinitron Mini TV
Such cool sales this week from Steven Schultz. As he shows, you have to look out for those Black & Decker Space Saver Coffee Makers, especially if they have the mounting hardware.
What Sells On eBay: Schmidt Beer Hat, Reel to Reel Tape, Yamaha Turntable, Vintage Geib Guitar Case
Thanks to Steve Schultz again this week for the guest video! Some great sales including a pair of classic Vintage Doc Martens, made in England, which you should always look out for in your scavenging.
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