Consistency is the main foundation for our successful eBay business. Since 2008, our secret has been to simply list 20 items a day. If we’re not listing items, we are scavenging for inventory, or photographing items, or working on death piles. We always do something each day that builds our business. We treat our business like it’s our job.
We see the danger some sellers get in when they slack off on listing. They start making less money, so they have to get a job, which means they have less time, so they list even fewer items, making even less money. It’s a self-fulfilling prophecy.
And truth be told, we now can take off for weeks at a time because we’ve built up a large enough inventory and let out store go on autopilot. I wouldn’t recommend this for new sellers since we know the right balance that works for us. But when we return to our business, we go right back to treating it like our full time job.
Here are the links we discussed in this podcast:
- USPS now scans your mail so you can see what’s coming.
- A pair of genuine 1800’s Levis sold for $80,000.
- A nightmare healthcare scenario.
- A smart seller gave us good advice on what to do when a buyer asks to delay shipping.
- Hollywood Paul corrects bad advice we’ve been giving people for years.
Hope you had a good week!
Our Store Week March 26-April 1, 2017
Total Items in Store: 5,595
Items Sold: 72
Cost of Items Sold: $92
Total Sales: $2,250.44
Highest Price Sold: $200 (Shearling jacket)
Average Price Sold: $32.95
Money Spent on New Inventory This Week: $10
Number of items listed this week: 0
Sold 0 items for 0
Total Items in Store: 1370
Items Sold: 14
Cost of Items Sold: $27
Total Sales: $697.27
Highest Price Sold: $140 (embroidered Tibetan style coat)
Average Price Sold: $49.80
Number of items listed this week: 150