12/26/2021 at 5:26 pm #94397
This is the 1st thread for 2022. Post your Challenge numbers here for the week starting Monday January 3, and ending Sunday January 9, 2022. Numbers must be posted on Monday 10, and then each week going forward. You do not need permission to join, just post your numbers and I’ll add you in.
For information and rules on the Challenge, go here.
Opening the thread early for the Designated Challenge posts. Information on the Designated Challenge can also be found on the information and rules post above.
12/26/2021 at 5:31 pm #94399
Who has the Vision, gets the Mission! No hiding in the shadows for me, I need to show you what I’ve done so that you “get the picture” (pun intentional! LOL)
For anyone wondering, yes, this is my genuine list. About 90% of what’s on this list is stuff that I’ve been dreading for over a year! I’m praying that my Choice numbers are pulled later in the year, because I am going to need a break after the clusterfarkle of my challenges!
12/26/2021 at 5:48 pm #94400
I am SO ready!
Here is my TEDC list.
1. List 3 boxes of craft/art items on Etsy.
2. List 25 vintage books on Etsy.
3. Challenger’s Choice.
4. Process 8 London Calling Boxes.
5. Find home for problematic antique dolls.
6. List 3 boxes of specialty fabrics.
7. List 25 pieces of vintage bed linens.
8. Challenger’s Choice.
9. List 25 pieces of vintage jewelry.
10. Frame 50 vintage postcards.
11. List 25 vintage art stamps.
12. List/process 4 death pile boxes.
These are all projects that have been on the back burner for way too long….set aside for items that were much easier and quicker to deal with. I can’t wait to start completing these projects!
12/27/2021 at 9:39 am #94406
Oops, I posted on the 2021 thread. However I just said that I’m keeping my list private but that I am playing along and I will post my monthly results. Good luck to everyone!!!
12/30/2021 at 10:59 pm #94449
Thanks for the examples! I was getting hung up on the fact that I have stuff needs to be done in order in the coming year, and so the random number thing was problematic. But now I’m going to concentrate on smaller stuff that I’ve been wanting/needing to get to, stuff that doesn’t need to be done in a particular order. So, back to the drawing board….LOL
12/31/2021 at 3:39 pm #94457
When I first read about this challenge I thought it would be hard to come up with 12 challenges. After compiling it for a few days I had too many! It was tough deciding which 12 to use but here they are:
- List or toss SP
- Research and learn obscure VHS niche
- Try Using ScoutIQ for one month to scan books
- Open an account on Etsy and list at least one item
- List all LC
- List all BP’s
- Run a Markdown sale
- List a painting
- Clean out death pile at end of book room
- Challengers Choice
- Sell a fluorescent rock
- Create and use a coupon
12/31/2021 at 9:46 pm #94460
01/01/2022 at 12:42 pm #94466
01/01/2022 at 12:49 pm #94467
Okay, folks, this is the last time I will upload my full sheet for you, but here it is “in action”. The first number drawn in January is 12. If you’re using the sheet, you will write J or Jan or whatever you wish to put in under the Month column. The note section is personal choice: make a note of what you need to do, what you have done, what is left to be done at the end, it’s YOUR sheet. The done block at the end gets a whopping check mark on the last day of the month if you’ve managed to finish your challenge.
MyCottage, copy and paste the imgur link as text, not as a link. So just put the link into the body of your message as if it was text, not using the hyperlink option. Then it should populate as a picture.
My January challenge is to sort and tidy my packaging supplies and boxes. Himself has been bugging me forever to break down the boxes, but my biggest problem is how to store those poly bags. They’re always folded, and when you pull one out, you get a gazillion that you then have to try to shove back. Grrrrr… Anyone have any suggestions? 😉
Good luck, everyone!
01/01/2022 at 3:15 pm #94475
01/01/2022 at 3:16 pm #94476
Thanks Amatino, that worked!
01/02/2022 at 11:11 am #94490
Amatino, if I pasted the Imgur link correctly you should be seeing a solution I found for some of my poly mailers. I didn’t want to spend more money on Ebay stuff so I saved from the recycle pile two old USPS priority 1095 boxes (the 15 x 12 x 3 size). I closed both ends of the box but not before cutting out a little section on the top near one end. This allows me to store the poly mailers flat and I can easily grab one poly mailer at a time. I use this for the 13 x 10 poly and I have one for the 15 x 13 poly. I write the size of the bags on the front end of the box. It won’t work for bags larger than that unfortunately but perhaps if I found a wider & longer flatish box it would work. I stack the two 1095 boxes on top of each other to save space. The boxes I’ve used have held up for several years.
01/02/2022 at 11:52 am #94491
I like this idea a lot, thanks for sharing it. My polymailers are out of control.
01/01/2022 at 1:13 pm #94472
Amatino I use a plastic storage drawer unit I got at JoAnn’s to store my different sized polymailers. It works great!
01/01/2022 at 8:20 pm #94478
I just got back from my year end trip. Sorry, I did not get this list up earlier.
Many challenges on the list are to help me to focus on items that sell for higher price, but don’t necessarily have as good of an ROI. With my part time job becoming more challenging, I need to change my strategy up a bit. It doesn’t mean I can’t buy real cheap auction lots so that I can find the gems, but I can’t just do that all the time.
1. List as many death pile items as possible
2. Try retail arbitrage, go to a few upscale stores or maybe hang with the SIL
3. Challenger’s choice
4. Try retail arbitrage, try a few online sales (and/or hang with the SIL)
5. Buy 2-4 higher priced items at auction with lower ROI but higher dollars
6. Put together BOLO list, items not requiring much testing, easy to pack, decent ROI
7. Try a new thrift store, maybe go to a few known ones as well
8. Go to a few yard or estate sales
9. Complete eBay store banner & description
10. Challenger’s choice
11. Decide how I should list my old stamp collection, list a few stamps
12. Organize & test electronics
01/02/2022 at 10:51 am #94488
My TEDC list
- Go thru entire clothing rack and either: fix & list, toss or donate
- Go thru 1/2 of the Repair Bin: fix & list, toss or donate
- Go thru 2nd half of Repair Bin: fix & list, toss or donate
- Take physical inventory of all storage boxes that I haven’t done yet & relist any that have fallen off of eBay
- Clean & organize the red shipping table & list any unlisted items stored on it
- List all unlisted items from the shelf & floor areas in the Ebay room
- List all unlisted items from laundry basket in Ebay room
- List all unlisted items from the chico’s box
- Clean & organize desk
- List all unlisted items from the table in Ebay room
- List contents from one death pile box in the basement
- List contents from one death pile box from the basement
I may add to the list if I happen to complete more than one in a single month. That may be a bit of a lofty goal however. 🙂
01/04/2022 at 10:14 am #94540Retro Treasures WVParticipant
Go thru 2nd half of Repair Bin: fix & list, toss or donate
Or simply list as-is. If the item is desirable enough, just list it. Here’s an example:
I hemmed and hawed over this and one other paintball marker for months. I looked for local CO2 suppliers. Kept telling myself I’d eventually go to Dick’s sporting goods and get supplies to test them. Then if they needed work I’d have to research how to fix air leaks and stuff.
Then this weekend I just punted and listed them as-is with a disclaimer that buyer should anticipate it needs work. Sold one of the markers within 24 hours for $168.
What would I have gotten if I went through the effort of test/fixing it – maybe $30-50 more.
01/04/2022 at 12:20 pm #94550
I’m so glad you posted this! So many times we get hung up on the end product, when our focus should be on just getting it listed! Congrats on a great sale!
01/02/2022 at 1:38 pm #94494
My January task is to create a better set up (or really any set up) to photograph clothes and then do the bag of clothes that has been sitting upstairs forever waiting for me to list it.
01/02/2022 at 2:00 pm #94495
My January challenge is to mend and list all of my SIL’s clothing that I offered to sell for my BIL.
01/02/2022 at 2:38 pm #94496
My challenge this month is to create and use an eBay coupon. I don’t know much about them or how effective they are. I will learn about them, use one, and post my results here. Does any one have any tips concerning coupons.
01/02/2022 at 4:05 pm #94500
Utahbill, There are private and public coupons. I’ve been running a public coupon sale for a few days now, it ends tonight, but you can look at my store to see what it looks like. It’s very similar to Markdown Manager, BUT one major difference is, there is no strike through to show the buyer the lowered price. (I suppose because the price doesn’t actually get lowered until checkout) I haven’t had a lot of luck with the public coupon, and I wonder if it is because buyers don’t want to have to do the math….I’m running a 20% off sale, and I think the percentage throws people. I might do better with, say, a five dollar off sale , because people can probably subtract that easier than they can figure out what 80% of the price is in their head.
That said, I also send coupons to all my buyers as part of the packing slip. Haven’t had anyone buy using one, and I’m thinking of reworking that.
But this means I’ve got a bunch of 10% off coupons out there. They can’t be stacked onto a coupon sale, but they can be stacked onto a Markdown Manager sale. So if I run a 20% off MM sale and someone uses a 10% off packing slip coupon, they are basically getting 30% off. So be careful about that.
They do not stack with best offer. So, if I’m running a 20% off coupon sale and someone makes a Best Offer and I accept it, the buyer doesn’t get the 20% off on top of his Best Offer.
(Note that I’m using the new store “banner” feature to promote the Coupon Sale…you can use it to promote any type of sale, or an individual item, or a category.)
My sale is not on all items in my store. To see the sale itself, showing only the items included in the sale, click on the “shop now” button in the banner, or go here:
I haven’t used every option with Coupons, but I’ve been using them for a while, so if you have any questions, let me know.
01/02/2022 at 9:54 pm #94513
Thank you for this information regarding coupons. I am glad to see that it doesn’t stack with best offer. It looks like I have lots of studying to do.
01/04/2022 at 12:16 am #94531
I started digging in to coupons tonight and created a draft. Most of the options were fairly straight forward, but now that I understand the difference between the two coupon types you mentioned. I can’t see any reason not to make the coupon public unless it was a one off, for instance satisfying a grumpy buyer. Thoughts?
01/04/2022 at 12:21 am #94532
Yeah, it just depends on what you want to use it for: Public, you are basically running a sale for everyone on ebay. Private, you are targeting one or a specific group: as you say, maybe a grumpy buyer, or maybe if you are on Facebook, your Facebook friends. So, if you want to basically run a sale, I’d go ahead and jump in with the Public….
01/04/2022 at 12:27 pm #94551
Mind blown! It never occurred to me that coupons could be stacked! Thanks for the great info, MyCottage!
01/04/2022 at 7:52 pm #94557
I have successfully created a coupon and applied it to some of my listings. So, I say “Challenge Completed!”
Here are a couple of my thoughts regarding the process:
First be aware that the coupons will stack on top of mark downs, but <span style=”text-decoration: underline;”>only</span> mark downs. <span style=”text-decoration: underline;”>Offers are not effected.</span>
Second, The only options to select what listings to apply it to are your whole store, an eBay category, or <span style=”text-decoration: underline;”>one</span> of your store categories. You can not search the title to select listings. This was a problem for me. I only wanted to apply the coupon to the cookbooks in my store. Unfortunately, I have never bothered to categorize my items. Once I moved all the cookbooks into the correct category in my store it worked fine.
Third, you can create many types of coupons. It will take testing to determine which type drives more sales. I am running my coupon until the end of January and I will report back on my sales results.
01/04/2022 at 7:56 pm #94558
01/04/2022 at 11:46 pm #94562craig rexParticipant
- Location: south jersey
That said, I also send coupons to all my buyers as part of the packing slip. Haven’t had anyone buy using one, and I’m thinking of reworking that.
I’ve been playing around with coupons since June of last year, so a few thoughts to share. First, some numbers:
I ran a 15% private coupon from June to December of last year. I included this coupon on every packing slip, as well as sending it directly (using the ‘send coupon’ button to the right of the order) to repeat buyers, or buyers who purchased multiple items, or buyers who left overwhelmingly positive feedback. My total sales using this coupon, according to promotions manager, were $146.13.
I ran a 10% off public coupon on Black Friday weekend, good on any item in my store from the $10 items to the $250+ items. My total sales were $377.91. I’m sure some of those items would have sold without the coupon, but it was still a nice boost.
A few thoughts:
1. Anecdotally, it seemed as though I had a lot more sales from the private coupon than what promotions manager actually showed. But I trust the numbers over my gut. I know for sure that I had a few repeat buyers who bought from me again after I sent them the coupon, but they didn’t use the coupon. I wonder if it is difficult for some users to figure out how to use the private coupon.
2. Also anecdotal, but for whatever it’s worth — I had a handful of sales from buyers who used the coupon after they sent me a message thanking me for their purchase, or other types of buyer chit-chat, where part of my response was essentially “Here’s a coupon in case there are any other items in my store you might like.” We all have buyer interactions like this, so creating a coupon might be useful if only for these types of buyers.
3. The public coupons seem especially useful for “high-traffic” times — holiday weekends, and eBay bucks promotions including the beginning of the new quarter — to distinguish your listings from other sellers and other similar listings. There may not be a slash over the “old” price but there is text underneath the listing indicating that a coupon is available.
4. Just like with sending offers to buyers, and other types of discounts, buyers are more likely to engage when the discount is a good deal (ie 5% is basically useless). I’ve raised my current private coupon to 20%, and next quarter I might even try 25%. Your mileage may vary, but I always prefer to sell than not sell, even if I could have made a few extra bucks profit along the way.
5. Creating a coupon is so simple and quick, once you get the initial hang of it, that it’s worth experimenting with to see if it works particularly well in your niche or for your store. This is nothing more than speculation, but I think it’s at least possible that using these tools is a small part of eBay’s search algorithm. I have found that my sales (in general) are higher when I’m sending offers, running sales and sending coupons to buyers — though those are also the times when I’m regularly listing good, quality new items, which is obviously more important than any coupons or sales or other tactics.
01/02/2022 at 4:57 pm #94501
Thank you MyCottage for posting the info on creating eBay coupons. I haven’t tried it yet and your post was helpful.
01/02/2022 at 5:28 pm #94504
VintageTreasures—The coded coupon is very flexible, both in terms of what sort of sale you want to run (percentage off, dollar off, etc, etc) , some inventory, all inventory, and how you put it out there: from a coupon for one buyer to a regular Sale. If you do Social Media, you can post the Code to your Social Media page as a “reward” for your followers, you can add it to your store newsletter, etc.
01/02/2022 at 5:17 pm #94502
My January task is to organize and test electronics. I didn’t get enough done with last year’s challenge. I have a feeling that I will give away/donate half of it or more, but I do have a few VCRs that will be good to list (assuming they work).
01/02/2022 at 5:23 pm #94503
My January Task is, wouldn’t you know it, Challengers Choice. Just retrieved a sold item from the “Listed on ebay Inventory Room” and the task became obvious: FINALLY get the Inventory Room set up properly, so it isn’t as much work to pull sold items. I’ve been putting this off for a LONG time.
01/03/2022 at 10:18 am #94517
Just FYI! Please post your numbers in the other thread, this one only starts from today. You will post here next Monday.
Posting because it’s unusual to have two threads running concurrently.
01/03/2022 at 12:28 pm #94530
New Worksheet for you!
In honor of the new challenge, and because I found it incredibly helpful last year, I’ve amended the worksheet I produced last year and created a Monthly Planner that includes a space for your Challenge. It provides a block in which you can write your daily listing numbers, a To Do block, a Notes block, and something new… a DAS.
Now what, by my muddled mind, is a DAS? It’s a focus point. The acronym stands for Decision, Action, Satisfaction. (Yeah, I know, bear with me!)
Instead of writing out your goals, for example, as “Tidy that shelf”, and then working out how to do it, DAS demands far more. If you want to tidy a shelf, you have to look at the stuff on the shelf and DECIDE what to do with it. Do you want to keep the stuff? Put it in a box? Donate it/sell it/move it to a different shelf/set it on fire and roast marshmallows? Only once you have made your decision, do you take ACTION and get it done accordingly. Finally, in the satisfaction phase, you tweak whatever actions you have done to fit the polar bear plunge real life takes joy in tossing you into, and then finish the task to its full completion, before sitting back, putting your feet up, lighting a cigar, and wondering when the heck you started smoking and why it looks cool but tastes so disgusting!
It’s not as easy as it seems. I put it to the test yesterday and it’s quite a humdinger. Tidying up is something you do when you’re trying to make the place look good for company. DAS is what you do when you’re ready to deal with that space once and for all! It’s a whole different mindset and I LIKE it!
If you don’t want to use the DAS, please ignore and enjoy the rest of the worksheet.
01/10/2022 at 7:11 am #94628
Only 3 for me, but that’s something, at least. Amatino, I started using your spreadsheet, maybe it will help!
01/10/2022 at 10:06 am #94631
32 new listings for me last week.
I wanted to mention a death pile challenge I did with my eBay Bestie. For 8 weeks we listed only death pile items. I took 8 banker boxes, each full of DP items, and challenged myself to list every item in one chosen box for each week of the challenge. Since I was out of town during two of those weeks I had mixed results and didn’t list everything in 3 of the 8 boxes.
But I did list 127 death pile items in 8 weeks. The part of the challenge that pleasantly surprised me was that I also sold 29 of those death pile items during the 8 weeks of the challenge. More have sold since then. The results inspired me to get the rest of my DP items listed. Now I’m trying to list at least one box of DP items every month, which also helps me put the brakes on buying additional inventory to sell. So a win-win for sure.
Wishing everyone a productive and profitable week!
01/10/2022 at 10:32 am #94632
So, the listing part of the challenge is Monday through Sunday? In that case, 25 new listings, Jan 3 -9. As to my Choice Challenge, I made very little progress on the Inventory room. Hope to do a lot better this week on that.
01/10/2022 at 11:16 am #94634
I listed 15 items.
I am maybe 25% complete with my electronics challenge. Most of that was going through all the stuff lying around and deciding to get rid of it. I did organize/test two mp3 players and a bunch of landline phones that I am now ready to photograph and list. The remaining stuff are VCRs & stereo components, lamps, and cameras. I have a feeling that I won’t get to the cameras, but I hope to test and list all the components and at least order the parts I need to rewire several lamps. If I get all that done this month, I will be thrilled!!!
01/10/2022 at 1:00 pm #94638
Just remembered; I have some electronics and a juicer in our laundry room. I forget about them because they aren’t in the basement with the rest of my inventory. The electronics are a pain because they are items that I can’t fully test, but I can at least plug them in, see if any lights or switches do anything, and then sell as-is. The juicer does have to be tested, though. Ugh. This task will probably have to be completed in a challenger’s choice month.
01/10/2022 at 11:20 am #94635
52 listings for me for the week. I was aiming for 60, but it’s a good start to the year. I’m hoping that this will be the year that I finally reach my goal of 2k listings. My monthly challenge this month is to process 4 death pile boxes and I was way too busy last week shipping to start, but am hoping I can get at least one done this week. VT your 8 week death pile challenge is very inspiring! Once this month is over I should challenge myself to a DP box every month.
Hope everyone has a great week ahead!
01/10/2022 at 2:32 pm #94643
43 listings for me this week. I was on target for much more but a migraine sidelined me yesterday and is doing it’s best to sideline me again today.
I’m not going to get to my monthly challenge. Saturday I got a notice from my county tax assessors office. They are taxing me on all of my ebay inventory, listed and unlisted. So while I have pretty good spreadsheets, I don’t keep track of the inventory until the item sells. That means this month I’ll be going thru approx 70 bins to take inventory of every single item. I looked into Easy Auction Tracker and I’m going to start using it to log every single item I bring into the house to sell.
01/10/2022 at 3:14 pm #94644
This doesn’t make sense to me, although I know that Georgia’s laws are different from NJ. I skimmed the conversations you (or someone else in GA) had in the past with Mike in Atlanta.
If you report your income from your business and pay taxes on it, then what is the county taxing you on?
If eBay is reporting your sales tax and submitting it to the state, then what is the county taxing you on?
Do you pay sales tax on your inventory when you purchase it? How can they tax you on something that hasn’t made you money yet?
In NJ, we do not have a local tax, only state and federal. When I lived in PA, we did have a local tax. I assume this is what they are looking at, but you should be doubly sure that they aren’t taxing you twice.
01/10/2022 at 6:46 pm #94649
It doesn’t make sense to me either. This is called a “Business Personal Property Tax”. By my count, this means one item gets taxed at least 4 times: Once when I pay sales tax when I purchase it, then my buyer pays sales tax when they purchase it from me, I pay income tax on what I make off of selling it and the county gets to tax it when it sits as inventory. Now imagine all the other times that one product was taxed along the line before it even gets to the point where I initially bought it (when it was imported into the country, at the wholesaler’s level, etc).
I called my CPA and he said yep, this was a real thing. I don’t know why the county suddenly sent me the notice this year when they never have in the past. I’ve been reading up on it and it appears that a lot of the bigger companies get an exemption from having their inventory taxed as an incentive to bring jobs into the county but so far it does not look like a tiny businesses such as mine qualifies. Surely there must be a threshold that has to be met but I don’t know yet.
01/11/2022 at 8:09 am #94660
There might be a threshold for payment, too, where you have to file but you don’t have to pay any tax. A hassle, nonetheless.
01/11/2022 at 2:02 pm #94668ClarityParticipant
My county assesses a tax on inventory also. It’s based on your COGS. Thankfully there is a threshold of $250,000 and I’m usually under that so usually no taxes for me to pay.
01/10/2022 at 10:13 pm #94652
27 listings for me last week.
I sold two items that utilized the 10% off coupon that I created. There’s really no way of knowing if they would have sold anyway. That’s what’s so troublesome about most of the promotions. However, there is really no harm in running the coupon, since I increase the price of the items to cover the discounts anyway. I guess they must be effective or we wouldn’t receive so many in the mail every week.
May you all have many listings and many sales this week!
01/10/2022 at 11:06 pm #94656
16 items for me over the past 7 days, and 4 of those I did while traveling and one of those already sold!
I’ve been doing pretty well the last couple weeks with my listing. currently going through a separation and soon divorce so there were a few weeks where I just couldn’t get anything done as I was moving.
Good times ahead, I can feel it!
01/11/2022 at 4:11 am #94657
Good morning, everyone! Sorry I didn’t get to post yesterday. Poor Felix got fixed! The vet called and said “I’m 15 minutes away, are you home?” so it was a frantic runaround trying to get the kitchen counter cleared for surgery and then find the cat. Isn’t it funny how they always know when the vet is coming? It was 5 minutes for the anesthetic to work, 2 minutes for his pockets to get picked, and then 4 hours of me stressing over his limp form, then watching over his wobbling attempts to move around and cleaning up upchuck. All is good, however. He’s running around like LooneyTunes, which is why I’m up at 2AM. Grrrrr….
It was a rough week last week, so only 10 listings up for me.
Well done, JR, on starting the new year with something up on the board! My sheet is printed and under my keyboard, so I can fill in my daily numbers and so that it’s a constant reminder that I need to be listing. Also, I use the back for all my notes and bits and bobs. At the end of the month, it goes into an envelope (I have a pack of 100 10×13 inch from OfficeMax.) I can then refer back to notes, or see what I did over the month, work out numbers, etc. I may add in scribbles on total sales per week too, just so that I can see my progress.
VT, 127 death pile items listed! Woot woot! AND nearly a third of them sold. How awesome is that? Go you! What a motivation to get those piles gone!
MyCottage, yes, Monday to Sunday, numbers on the next Monday. Welcome to the board!
Sharyn, I went through a phase of electronics and decided it was all way too much work! LOL. Well done for sticking through it.
VL, good luck on your goal! We’re all rooting for you and cheering you on!
JB. that’s freaking scary! So now we have yet another tax to worry about! Talk about a motivation to get Death Piles listed! However, did you know that Georgia has a Freeport Exemption? “A handful of states offer some form of Freeport Exemption for goods that are stored within their state but ultimately will be shipped to other states. Among states offering this kind of tax relief are Georgia, Kentucky, Oklahoma and Texas.” Source
Jaepete, sorry to hear about your divorce. That’s very stressful. Sending best wishes that things will improve in the year ahead.
01/11/2022 at 4:17 am #94658
Brand new spreadsheet created and updated.
Phew, you guys, what a busy start to the month!
VL, I know you told me last year what your goal was to be, but would you tell me again in this thread so that I have it altogether? Everyone else, please would you send me your goal for your weekly listing number so that I can update your goal section in the spreadsheet?
Please remember, last year’s winners cannot win this year. At the end of the year, if the winner is a previous year’s winner, then the next highest will take the prize. So you can still be a weekly winner, as VL is this week, but you can’t be the annual winner.
Go forth and list, y’all! Get those Death Piles cleared before you get taxed on them!
01/11/2022 at 9:29 am #94662
Amatino, my weekly goal will be 21 listings. I think 3 listings per day should be doable.
01/11/2022 at 10:57 am #94664
speaking of an “inventory” tax. I owned a retail business in Maryland a couple decades ago and they had an inventory tax. This was a state imposed tax. If I remember correctly it was based on the cost of goods and was very minimal. I reported an inventory with a cost basis of around 12k? and maybe paid a couple hundred in tax?
I also had a sales tax license for MD so was not paying sales tax on purchases, only on the item once sold. but again, this was with a retail store front.
I guess I need to look to see if this exists here in TX.
01/11/2022 at 11:20 am #94665
Amatino, please put my goal to be 40 a week.
01/11/2022 at 12:02 pm #94666
You can keep mine at 15. It works for me given my part time job. Also, my goal this year is to increase my sale price and not necessarily increase the number of items in my store.
01/11/2022 at 3:08 pm #94671
Let’s say 7 for me – 1 a day.
01/12/2022 at 12:54 am #94674
I will say 14 a week for me.
01/16/2022 at 4:52 pm #94727
I have 43 listings again this week. I’m kinda surprised because it felt like I spent most of the week taking inventory. I’ve completed inventory on only 17 out of 90+ bins (Whaaaaaa!) My problem is as I go thru each box I’m adjusting prices, cross posting to other platforms, fixing listings or ending and donating the item if it’s been around for too long and no longer worth the hassle. Eventually I’ll need to just take inventory and worry about the listings later.
I saw the Freemont Exemption to the county business tax law but I’m not sure I qualify and I haven’t sent in an exemption request. I’m going to take inventory first and then see if my CPA can get me the exemption. Fingers crossed.
My listing goal for the year is to avg 33 listings per week which is approx what I listed last year.
01/16/2022 at 8:14 pm #94729
I listed 28 this week. Pretty happy with that number. Many of them were electronics and part of my challenge. So happy to be digging into that category of death piles!
01/16/2022 at 11:17 pm #94731
17 listings for me this week. I would have done a little better, but we traveled to Tucson on Saturday where we will enjoy warmer temperatures and desert hiking for the next week.
Have a great week everyone!
01/16/2022 at 11:30 pm #94732
Only 12 listings this week. A lot of other things ended up taking precedence unfortunately, but I’m accepting that it is going to take me a while to really get set up properly to do my 5 listings a day….I did get a little work done on the Inventory room, but so much more to do there…
01/17/2022 at 8:15 am #94738
21 new listings for me. I met my listing goal and with all I had going on I’m pretty happy that I was able to do so.
Wishing everyone a great week!
01/17/2022 at 4:52 pm #94746
Greetings, y’all! Hope you’re all warm and happy this winter, unusual as it has been.
Last week VT mentioned that she got a stunning number of items listed, and some great sales, because of a challenge with her eBay Bestie. I’ve been thinking about it all week, and wanted to tell you about my eBay Bestie. (Most folks would call them an Accountability Partner, but I like eBay Bestie!) I started the TELC 5 years ago because I wanted to improve my listing numbers, but it was only when I got a personal eBB that things began to turn around.
My eBB has a larger store than me, her current monthly sales totals are my future goal totals, we don’t sell the same stuff (although we both sell used/non-homogenous.) She’s been selling nearly 2 decades, I’ve been going less than 6 years. We’ve never met, we don’t even live in the same state. She has a professional light kit in a basement, I have a DIY lighting system in a cabin. She was using a phone, I was using a camera, when we started – but I’ve recently capitulated and changed sides, mostly due to PhotoRoom. If we were both members of a mentorship group, we would never have been matched up!
However, due to our commitment to each other, we have both seen a huge increase in our respective businesses. She has doubled the size of her store (okay, she lists WAY more than me!) Last year I listed more than I have since I started the TELC.
The key to a successful Accountability Partner lies in respect and boundaries. You have to know how to push the boundaries and not cross them, and you have to respect each other enough to want to honor the commitment. You need to want to not disappoint your Bestie by not reaching the bar they set for you. Or by not trying to reach the bar – some bars are set a little high, and sometimes life intervenes. Your Bestie needs to know when to support your hard times and when to swing a cudgel! Some days my bestie has to pull out the big bat and beat my stubborn head around the ears so that I stop making excuses! LOL
When we first started, we made an agreement that we would be honest with each other. No silent resentment and hurt feelings. If one of us offends the other, we say “Ouch! That hurt!” Then we explain what the other had done to offend, or why we took offence, and we would clear it up, apologize if necessary, and go on. Your accountability partner can’t be some stranger on the web, you need to be honest and vulnerable with each other. You’re going to become friends, or it won’t work. How else would they know when to push and when to just be there for you? We have managed to offend each other a few times, but this honesty policy has been refreshing and our salvation. We’ve worked through our issues and grown stronger because of it.
One side effect of having a Bestie is that, over time, they might pick up on problem areas that you haven’t noticed. Or have been quietly trying to ignore, because you find them daunting! My Bestie picked up on my erratic listing stats. She noticed that I don’t list every day, and this week, she pulled out that huge club of hers and challenged me to list 3 items every weekday. Wow and ow! She hit me right in the gonads! I absolutely, positively need to list every day, but I have so many rea… excuses, let’s be honest! I told her she was mean, she knows my weekly listing goal is only 10, which would be 2 per day! But she wouldn’t budge; she knew I needed to get over that hump. (She isn’t mean, she is exactly what I need, that push to jump out of the nest!)
This week had multiple very late nights, sometimes getting my 3 listings up right at the last minute – but I did it! 15 listings for me for the first week of the new year. I would not have achieved that if she hadn’t been there for me. Best of all, on top of the euphoria of achievement, I learned that I can make it happen. That push to extend me past my comfort zone helped me to realize that a little more dedication is all it takes. Now I have to just add perseverance, and I’ll might even double MY store this year! 😀
01/18/2022 at 1:40 am #94752
50 listings for me last week. Really slammed with orders, but was able to almost complete one death pile box…all that’s left to do is to take photos to complete one draft.
Hope everyone has a great week ahead.
01/18/2022 at 11:09 am #94757
Another win for VL! Great start to the year!
Jaepete, will you give me your weekly listing goal, please? This is how many listings per week you believe you can achieve, not how many you would like to achieve! A common mistake, that we all make because we are all optimists! (We have to be, to sell on eBay. LOL)
01/19/2022 at 10:06 am #94767
Hi Amatino….you can put down 7 as a realistic goal number for me.
and last week ironically that’s what I listed on Ebay. and if we count listings anywhere (ebay, facebook, craigslist, etc) then I actually had 11 total as I listed some higher priced items on FB marketplace and Craiglist.
01/19/2022 at 4:00 pm #94769
Well, well, well – aren’t I ever NOT the genius!
Turns out I’ve not been following my OWN rules! *smacks head* Please be kind enough to check out Rule #7 while I go stick my head in a bucket!
The spreadsheet has been updated accordingly. UtahBill, you won week #1 and have been accredited the point. Sharyn, you won week #2 and have your point. Well done to both of you.
It’s rather odd, as we had a tie AND a challenge, so we’ve crossed out a third of our participants! However, that means our lower listings are in the running to win a prize this year! Go forth and LIST, y’all, you may get a silly something in the post! LOL
Thanks, Jaepete, I’ve updated your number. Yes, listings count anywhere, but only once. So if you listed different items on Ebay and FB, you get to count each listing. However, if you crosspost on multiple platforms, the listings only count once.
01/20/2022 at 11:56 am #94779
THANK YOU AMATINO for the prize you sent me!! (Hopefully I posted the image correctly so a picture of the prize shows up.) You really did not have to do that! You expend so much time keeping this group running and then you made(!) and sent me a prize at your expense! It is so thoughtful and wonderful and nice of you! I will hang my prize prominently in my eBay room to motivate me to keep on listing! Prize is shown next to Cookie, who deserves mention as she spent nearly every moment with me as I was listing – taking up a generous 1/4th of my desk space.
01/20/2022 at 1:33 pm #94782
I completely concur with Julie B’s sentiments Amatino. I also got my prize and it’s fabulous!
Mine is similar to the photo posted by Julie B. I’d post a photo but yup, even though it’s been explained to me as to how to do so – I’m still perplexed about posting photos. Computer luddite here…
Amatino: On top of your generosity and willingness to do the huge amount of work it takes to keep this thread going – you are also creative and thoughtful! I’m so grateful to be a part of this community – thank you so much for all you do!
01/21/2022 at 8:57 am #94798
VT – I have Jay’s instructions for uploading images to this forum bookmarked here, in case it helps: https://www.scavengerlife.com/forums/topic/how-to-upload-a-photo-to-your-forum-post/
01/20/2022 at 6:51 pm #94791
Thrilled you like it, ladies! Thank you for gratuitous kitty photos. We love kitty photos here in the TELC!
Julie, I thought you were ignoring me, but now I think I may be in your Spam folder! LOL. I’m glad you got the prize without needing the tracking number. Unfortunately, VL’s prize is taking the scenic route and is on the completely wrong side of the country. As she’s in the Northwest and the parcel is in the Southeast of the USA! Sigh… I’m still tracking it daily, even though it isn’t going anywhere fast! I think they’ve hired a teenager with a forked stick to get there on his skateboard. Or something.
01/21/2022 at 8:55 am #94797
Sorry Amatino, I’ll have to go back and check for your email! I have 7 or 8 email accounts and since I almost never get email from anyone but retailers and spammers, I don’t check them often.
01/21/2022 at 10:38 am #94800
I replied to the one you sent me. I figured it might have ended up in the Spam folder! LOL. 7 or 8 email accounts? Wow! Way too many to process! I’ve been reducing all my email accounts to two (one for me, one for eBay) and my bank accounts as well. I had 9 bank accounts, at one point. Nine! The problem with multiple businesses! 😉
01/21/2022 at 10:46 am #94801
Etsy requires you to have a different email account for every shop and since I have two shops on Etsy I have two emails. I try to keep it simple though and really only want one email account to handle daily. You can set Google email so all your different email accounts land into your main account and that’s what I do, so when I get email from the one I use for Etsy it comes into my main email. I get MORE than enough email from just the one!
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