09/17/2017 at 3:27 pm #22902RyanneKeymaster
- Location: Virginia
Traveling can be super fun and exciting, but for some of us, that comes with a bit of stress and anxiety. This is a lot like making a living on eBay r
[See the full post at: Scavenger Life Episode 327: Dealing With Stress Traveling, In Life and On eBay]
09/17/2017 at 5:40 pm #22904Linda ShieldsParticipant
- Location: St. Louis
Great podcast, guys! I’m so sorry about the gasoline scare. I wouldn’t have known what to do. I prefer not traveling because it is stressful, even when you are having a good time, but sometimes it’s just worth it. You reminded me how thankful I am that I almost always travel with my husband who handles all the worries for me. I hate traveling alone. You two have a wonderful trip while you make oodles of $$$!
09/17/2017 at 6:33 pm #22906
This seems like a very interesting topic. I hope you’re getting time off – vacation is supposed ot be relaxing!!!
Week September 10-16, 2017
Total Items in Store: 924
Items Sold: 22 (5 Amazon)
Cost of Items Sold: $106 (13.2% of sales)
Total Sales: $802.33
Highest Price Sold: $129.99 (Chanel Precision Ultra Correction Eye Revializer NIB)
Average Price Sold: $36.47
Money Spent on New Inventory This Week: $60
Number of items listed this week: 20
Promoted listings test: 10 sales, $305.44 (38.1% of total sales), $16.10 fees (5.3% of sales)
Another good week. The big sale of the Chanel cosmetics I believe it the last item I had left from that high end cosmetics cache I bought earlier this year. Based on my calculations, bought the lot for $250 and sold everything for just a hair under $1100 gross. I was shooting for $1500, but I’ll take it.
Other big day was Wednesday when a buyer from Canada bought 7 records for $195 (+$40 shipping) – COGS for those particular albums was right around $15.
Picks were pretty limited, but excited about a bag of MacBook Pro cords & adaptors I got from a friend. He had gotten most from his office so had little to nothing invested in them and is in the process of changing jobs, so I told him I’d give him $30 for the bag of ’em. Turned out to have 17 total pieces, several chargers and some AV adapters. Hoping to get $350 for them.
Some other listings included some pieces my aunt gave me, that were actually my grandfather’s. My grandfather’s brother, Virgil Cantini, was a prominent artist in the greater Pittsburgh area and even got some national recognition. In the mid-century enameling collecting circles, he’s incredibly well known and highly collectible. There’s a lot of his work in my family’s homes, so not really worried about selling these few pieces.
09/18/2017 at 11:29 am #22932
We’re relaxing the best way we know how. By planning more projects!
That’s incredible that your uncle was a well-known artist. Did you know him?
09/18/2017 at 5:38 pm #22949
I knew him, not super well, but I definitely knew who he was. He was my great uncle/my grandfather’s brother, so I’d see him at Christmas/Holidays on occasion. Also fondly remember the 1986 family reunion that was held at his “farm” (no animals) outside of Pittsburgh – he had barns that were his “studios” for super large scale work. My mom’s brother has two very large (at least 60″x60″ each) pieces of his hanging in his living room.
09/17/2017 at 6:59 pm #22907Steven SParticipant
- Location: South Dakota
Sept 9-15 2017
• Total Items in Store: 845
• Items Sold: 16 Total (15 eBay / 1 Bonanza )
• International 1 via GSP
• Total Sales $1540 ($1510 eBay / $30 Bonanza)
• Highest Price $480 Carver power amplifier
• Average Price Sold: $96
• Returns: 1 Polaroid camera changed mind
• Cost of Items Sold: $272
• Cost of items purchased this week $75
The Polaroid rainbow camera buyer asked to return a week after receiving it claiming they found one cheaper, that’s fine return it.
Another week went buy and just before I was to call eBay to close the return I get a return shipment notification. It arrived safe and sound.
I hope they got another real cheap as this cost them shipping and a 20% restock fee.
Maybe they just wanted to rent it.
09/17/2017 at 7:47 pm #22908The Thrift RaiderParticipant
Thank you for mentioning the link rule! I just got one today where I linked to a wiki article in case someone wanted to see the bands at this certain festival that the shirt was from. I just copied and pasted it. It took me a few minutes to understand what the hell they were talking about, but I eventually figured that the wiki article with links was causing it. I fixed it as well as possible but it’s still throwing up errors, so we’ll see.
09/17/2017 at 9:17 pm #22909
Wonder Lister Alert!!!
I got an email from ebay yesterday stating “Immediate action required. Remove active content and/or contact information from your listings”. This was for 1968 of my 2100 listings. I don’t have any contact information in my listings and I don’t have any active content so I wondered what this could be talking about. I took a look at one of the listings they mentioned and saw the Wonder Lister logo and url and then it struck me that is what they meant.
I called ebay, they said yes, that is it. If you don’t remove the logo, all 1968 listings will be taken down 7 days from the day of the email. I said I can’t do all these by hand, so they gave me Wonder Lister’s phone number. I called them today and they confirmed. So, what I had to do was download the current version of Wonder Lister – version 2.00.25. Then you have to highlight all of your listings and then right click. Select “Remove Wonderlister Logo” and then kick it off. It takes about 3 seconds per listing.
So, if you use Wonder Lister, jump on this or your listings may be taken down.
09/18/2017 at 8:23 am #22920MDC Galleries & Fine ArtParticipant
- Location: Atlanta
Yep that Wonder Lister Update came out a week ago. I wonder why you did not get a notice of the update from WL. Also WL does a lot of updates. So part of my normal procedure is to usually click on the “Help” tab and check for updates at least twice a week. The updated version cleaned out all of the logo links to WL on all 890 of our listings by using their “Bulk Edit” in about 15 minutes. It did so in the background while I continued to work on other things.
By the way SixBit, Auctiva, InkFrog and others also do the same thing. Auctiva especially with their infamous scrolling gallery widget. I noticed that WL also had a command line to click to get rid of all of the Auctiva inserts.
For T. Satt I would guess SixBit also has had to issue an update to allow you to strip out the SixBit logos. I still had a few SixBit listings with thier logo remaining from the few months I used SixBit. I just opened those listings and stripped the HTML code out manually. That only took a few minutes.
I read that some people are having a hard time getting that Auctiva Scrolling Gallery off – out of their listings.
mike in Atlanta
09/18/2017 at 11:25 am #22931
Thanks Mike, that was on my mind. I’m glad I decided when we signed up to pay to have our listings have the logo removed, so we started clean from the start. Little did I know that this would have this kind of benefit!.
09/18/2017 at 9:45 pm #22951
Yes, I had no warning from Wonder Lister, so this took me by surprise.
09/19/2017 at 7:27 am #22960MDC Galleries & Fine ArtParticipant
- Location: Atlanta
Well, one good thing. It is an easy, quick fix. As I mentioned, the newest update has a new command line that says “Remove WonderLister Logo”. Just highlight all the listings, click this command and let it run in the background while you proceed to do more listings. Mine finished like you said in a few seconds per listings and all of our 890 listings were done in a few minutes.
Keep working with WL and you will see that it is great to use a master command overall multi platform software program to handle all of your online e-commerce listing, inventory management, and financial reporting all in one place. T-Satt uses SixBit. Both of these programs do about the same thing, only SB is just a little more costly and according to T.Satt he likes the “look and feel” of the dashboard – platform. I have used both and admit SB “looks” a little slicker visually but both do about the same thing. I belive the biggest difference is SB does have a set-up where you can have several assistants [employee like] persons work remotely away from the database, but it does cost. WL also allows this but the other computers have to be on the same network [i.e. within range] of your main router. In our case about 100 feet away not across town. But there is a work around for that by using TeamViewer.
Good luck on continuing to grow your business and using WL to streamline your admin. infrastructure.
Mike at MDC Galleries in Atlanta
09/20/2017 at 9:21 pm #23038
You are right Mike. After using SixBit, I will never go back. Having everything in a central place, the ability to schedule for free (we have over 30 scheduled through Sunday for while we are gone to Nebraska), making copies of prior listings, quick reporting, etc. It has saved us so much time, it is well worth the money.
Whether WonderLister or SixBit, they are worth it.
09/17/2017 at 10:03 pm #22910
Oh, I see now that this was mentioned in the 3rd paragraph attached to this podcast. It just hit home with me because of the Wonder Lister issue related to this that I would not have thought of.
09/18/2017 at 12:43 am #22911dearmilaParticipant
Sept 10 – Sept 16, 2017
Total Items in Store: 355
Items Sold: 23
Cost of Items Sold: approx. $23
Total Sales: $617.51 (excluding selling costs)
Highest Price Sold: $275 (European equestrian themed toile fabric)
Average Price Sold: $26.84
International Sales: 0
Money Spent on New Inventory This Week: $50.98
Number of items listed this week: 19
The week ended with a bang with a nice offer on some fancy fabric, and is my highest sale to date. Sales were all over the place, but a couple extra high days evened things out. I continue to notice that kid clothes are selling extra well during this back to school time, a couple items even sold the next day after listing them. I ran sale after sale this week and that seemed to help keep movement going in my small store. I’m continuing to get a better handle on what I like to sell, which are also things that I don’t mind holding onto for a long time and things that I won’t go too low on. Auctioning off for a very low price is now mainly happening if I’ve found flaws with an item after getting it home.
Love to hear about your travels Ryanne & Jay, you guys are my heroes. I love to travel too, but it also has its share of anxiety for me as well, prepping and really all throughout the trip. On a reseller video I watched awhile back, it was mentioned that there is a faction at least, of resellers who have anxiety of some kind, like it’s a common thread. That made a lot of sense to me, and I identify with that. I work best primarily on my own, and have figured out later in life, that I’ve always had some social anxiety. So reselling work actually suits me better than pretty much any job I’ve ever had. I think it’d be important for young people, people in general, to not only know what work interests them, but to also be honest and in touch with what type of work environment is the best match to their true nature (alone, w/ others, in an office, outside, casual, more professional, supervisor, not supervisor, etc..)!
09/18/2017 at 2:21 am #22916Rydell RelicsParticipant
RR Store Week Sept 10-16, 2017
Total Items in Store: 1368
Items Sold: 28
Cost of Items Sold: $32.58
Total Sales: $642.27
Highest Price Sold: $99.99 (African Masai warrior shield)
Average Price Sold: $22.94
Returns: 1 (partial refund)
Money Spent on New Inventory This Week: $0
Number of items listed this week: 39
J&R, thank you so much for openly talking about anxiety issues. I too deal with them. Years ago, I was a mess. But after lots of reading and self-therapy, I’m SO much better. Not 100%, but definitely a huge improvement. My goal is to fly again; I too have claustrophobia. But I’m taking steps towards that, so I know it’ll happen one day.
So, I’m officially on the new Seller Hub, and while I dig most of it, there are a few features I’m not into. Mainly, the Selling Total in the center. Why would it include the shipping fees? I know they’re considered revenue by eBay, but not by me. I was stoked to have hit my goal this week, only to find I actually missed it by over $150 bucks. Wacky, but I’m sure I’ll get the hang of it.
Weird story: I took a Best Offer of $80 bucks for one of two African Masai warrior shields I had. An hour later, I hear the cha-ching and see African Sheild on my phone a few feet away. I figured the buyer paid for his Best Offer. Nope, it was the OTHER shield that sold for full price of $99.99. Both sold within two hours of each other to two different buyers. Crazy! And I had the perfect box to ship each one of them. But the best part? I got them both for free.
Have a great week, everyone!
09/18/2017 at 9:35 am #22921simplicioParticipant
Glad to hear you sorted out the gas problem OK. What I probably would have done is to try to siphon out the gas, pass out from inhalation of the fumes, and get taken to the local hospital.
Fairly slow week for sales, but a big one for buying.
Sales: CAD$425, 5 items
Gross profit: $198
Expenditures (incl. new inventory): $374
Net profit: -$71
Hourly: 7.5 hrs, -$23/hr
Notable sales: Wedgwood china $10–>$100
My big buy this week was surplus, new-in-box wall panels for doctors offices (the kind of thing you see blood pressure cuffs etc hanging off of). I bought quantity 62 at $5 each, so spent $310. There are about 6 sold listings on eBay, all for right around $120. I think this will be a very slow moving item but if I’m right about it, it should net me at least $3k. Hope I don’t regret going ALL IN on these things, the last time I made such a buy it turned out to be a bit of a dud. But the profit on these was too good to pass up. Listed on eBay and amazon MF.
09/18/2017 at 11:29 am #22933
09/18/2017 at 9:45 am #22922simplicioParticipant
Oh, regarding the bundled listings. I think it’s about search rankings. We all know cheaper items get seen more, especially if buyers sort by price, but if items are expensive because they’re a lot of N, eBay needs a way to rank a $100 listing for 10 t-shirts the same as a $10 listing for 1 t-shirt. So you should definitely make sure to fill this part in or you’ll lose views (I speculate).
09/20/2017 at 9:24 pm #23039
eBay is now promoting bundled listings and lots. That is what this is about. They mentioned this on the most recent eBay Radio, and it is discussed in the Fall Seller Update.
09/18/2017 at 9:55 am #22923CTVintageParticipant
Hi Jay and Ryanne, Just listened to your podcast and really appreciate your candidness about stress/anxiety issues. It was just what I needed today as I’m feeling a bit overwhelmed trying to build up my eBay store. I’m at about 500 items and trying to gear up for the big selling season while still doing my other paying “job” (I have an established freelance writing business working from home), which is also in a busy period. My husband is helping me now but he has a full time job as well.
Anyway, it can feel very stressful and an outsider would probably wonder why I’m doing this when I could just go on doing what I’ve been doing for years and make a reasonable income. But I’m obsessed with making this work, and I actually really enjoy buying and reselling vintage stuff. My goal is similar to yours – to have a sustainable business that might fund other ventures (such as real estate), so we can live comfortably on our own terms. Thanks for all your extremely helpful advice and for inspiring me to keep going! — Janet
09/18/2017 at 11:35 am #22934
Congrats on sticking with your goal to create an income you have more control over. You will get that feeling of being overwhelmed from time to time. It happens. I am the planner in our business (OCD Accountant), so I can definitely stress myself out when I look at all I need to do. I get over that by just focusing on one task at a time, and knowing that if I put in the hours, those hours will accumulate and then suddenly, I’m much farther than I thought. Just move the ball forward today, even just a little bit, and keep making today better than yesterday.
A phrase I also use: “When looking at the mountain and seeing how far you have to go, remember to look back and see how far you have come.”
09/18/2017 at 10:38 am #22925Retro Treasures WVParticipant
Total Items in Store: 951
Items Sold: 23
Cost of Items Sold: $54
Total Sales: $544.80
Highest Price Sold: $40 Pendleton Sweater
Average Price Sold: $23.69
Average Profit: $21.33
Pretty good week with some peaks and valleys. I had one day where I was getting bombarded with offers and sales over a couple hour period. Ended up selling over $250 that day. I wish they could all be like that.
I’m struggling to get back in the groove after getting back from vacation. Didn’t do anything for ebay other than ship last week, and finally got some work done yesterday morning. My two oldest kids started baseball/softball this year and that is taking up pretty much all of our evening and weekend time. I’ve converted my back yard into a baseball training center basically. Using my scavenger mentality I’ve been able to source a bunch of baseball training equipment for cheap. We’re testing it all out to see what we like and don’t like, then I’ll sell off the extras. In the end I’ll have tons of nice equipment and a net $0 investment or better.
That’s the beauty of this business – you can combine your business with your hobbies and pleasures and make money at the same time. In the past I was big into arcade/pinball collecting and I have a garage full of awesome machines. While I never kept a running total or anything, I know I have no money in them from all the flipping and selling I did along the way.
09/18/2017 at 11:21 am #22930ChristineRParticipant
- Location: Southern California
Total Items in Store: 396
Items Sold: 11
Cost of Items Sold: $25 used + $24 new
Total Sales: $302
Highest Price Sold: $76 (One used rare Anthropologie dessert plate; thrifted GW for $1.99, sold in 1 day)
Average Price Sold: $27
Number of items listed this week: 35!
I caught a welcome break from my contract work last week and listed some vintage and used piles, thus the lower average price and COGS. Hopefully today I will cross the 400 mark for the first time. I’m getting less picky about my photography and trying to gain listing speed. I still feel like I’m slowish on the spectrum. I’m a bit annoyed because I have to remove the internal custom Ebay store link insert that I’ve been using in my description because it is now outlawed like external links. Already having to clean out my listing recommendations daily.
Ah, stress. I know it all to well, but I think it also makes me a great Ebay seller. Having a let down like that is really good for you and you are free to do it after the reno is complete. You didn’t have much of a breath before this big trip and fortunate that you didn’t start the trip with the video work. I hope you are enjoying reflecting on your amazing recent accomplishments while you are vacationing. I just started a small adult singing class last week and even thought I am outgoing one on one, I have an extreme fear of public speaking and singing. I originally felt like it was time to push myself out of the comfort zone but then I was like why the *&@! am I doing this to myself??? LOL
09/18/2017 at 11:37 am #22935
I love your talk about how to deal with stress. I completely agree. One running theme that I get from all of the books and podcasts that I consume about successful people, is that they learn to deal with stress. In fact, many of them make sure that they are uncomfortable each day. Working out, fasting, taking a cold shower, learning a new skill, all are easy things to at least stress the body or mind a little bit each day. That builds that muscle so that you can be better prepared when larger stress actions take place.
Week of 9/10-9/16
Total Items in Store: 1,743
Number of Items Listed: 115
Number of Items Sold: 82
Weekly STR: 20%
Total Product Sales: $2,007.15
Cost of Items Sold: $430.13
Gross Profit for Week: $1,385.06
Highest Item Sold: $79.86 – Rare Polo Ralph Lauren 881 BLEECKER #2 Jockey Shirt
Competition: Highest Priced Sale: Troy wins the week and Veronica leads for the year 21-15.
Our eBay Concierge program started, and two calls in, I really like it. The number for eBay Customer Service for us is the same, but since we were invited in (since we went to eBay Open), we are funneled to the Concierge group. Both people were very knowledgeable, and were able to work on issues right there as much as they could, and for the first time ever, I actually got a message from them a few days later when the issue was resolved. Eventually, all eBay sellers will get the Concierge treatment, and it is a great direction for them to take.
We are getting ready for the Nebraska Junk Jaunt, hitting the road on Thursday. We have our process set to be able to remote in to our home computer now (loving that!), and we are looking forward to filling up our truck with lots of dusty gold!
09/18/2017 at 11:55 am #22936
Huh, I tried googling “eBay Concierge program” and didn’t see anything. What exactly is this new program?
09/18/2017 at 12:04 pm #22938
It is an upgraded Customer Service program, where the reps are much more knowledgeable about eBay and our business, and they are much more empowered to fix the problems immediately. Eventually, this will be rolled out to all sellers and will take over the current Customer Service program.
09/18/2017 at 3:39 pm #22944IdahoarderParticipant
Store Week 9/10/17 – 9/16/17
Total items in store: 1528
Items sold: 20
Cost of items sold: $17.79
Total sales: $744.87
Highest price sold: $180.00 (Filson bag)
Average price sold: $37.24
International Sales: 1
Returns: 0 (1 started)
Money spent on new inventory this week: $53.25
As usual, my “trouble” sales are all happening at once. A few unpaid items, 2 canceled orders, and a return started. Sheesh! But it was a good week regardless. They don’t get to me like they did a while back …guess I’m growing as a scavenger!
I sold some waxed paper Coke cups (1980s or 90s?) to an LA set designer , so that was cool. A weird thing to buy, but I knew that someone wanted them! (And they only took a week or so to sell!)
09/18/2017 at 3:56 pm #22945DoublythumbsParticipant
- Location: Hopedale, OH
Total Items in Store: 578
Items Sold: 6 (yikes!)
Total Sales (Gross Profit): $290
Highest Price: $100 (W. & L.E. Gurley WW2 Era Metal Compass)
Average Price: $48
Cost of Items Sold: $40
Costs of Items Purchased this Week: $314
Not a great week for me at all! Six items sold. That’s a bummer. But at least a few were higher dollar amount items which brought my profit up a little bit. Oh well. As much as I can’t wait to go full time with this business, I’m glad I have my day-job paycheck to fall back on with weeks like this.
I think the topic of this week’s podcast is an important one. As unpleasant as it is, stress and anxiety is something we all have to deal with one way or another. And we all deal with it differently. Myself for example, I tend to shut up inside myself and I’ll sort of shut down until I find a way to deal with it. And my best way of dealing with stress is to write a list of causes and solutions. When it’s broken down visually like that, my brain isn’t so convoluted and I’ll begin to unwind myself. But of course there are other types of stress that aren’t so easy to deal with. Death in the family, natural disasters, unexpected medical bills, etc. With these examples, a simple list isn’t going to work. That’s why a good partnership is almost necessary during difficult time. Even if it’s just a comfort knowing that you’re not in it alone. I don’t think I would have been able to get back up after the flood if it wasn’t for my partner. And having someone there for you, not just someone to talk to but to truly help lift you up when you’re down, is so wonderful.
But stress isn’t all bad. Just like the physical stress of doing manual labor will build calluses on our hands and feet, mental stress builds them on our mind. It hurts a lot at first, but if you invite it in enough, we become more and more immune to its adverse effects. It will even get to a point where you can easily look past the negative stress and focus on the positive outcomes. But like too much manual labor may turn our hands ugly, too much stress may make us bitter and jaded. That is why we must “moisturize our minds!” Vacations, relaxing hobbies, deep friendships, exercise…taking a little break from the stress, whether it’s a daily jog, or a yearly big vacation, is so relieving!
I see that I’m kinda rambling on here, but it’s a subject I’ve had to deal with heavily these past couple of months. We both reached a very low point in our lives with the flood. But that which does not kill us only makes us stronger. And we’ve got a vacation to Savannah in a few weeks to look forward to.
09/18/2017 at 5:04 pm #22948SharynParticipant
- Location: Central NJ
This is not rambling. This is an amazing discussion of life and stress and how to deal with it. Very well said.
09/18/2017 at 7:52 pm #22950
Bro, “Just like the physical stress of doing manual labor will build calluses on our hands and feet, mental stress builds them on our mind.” 🙂
09/18/2017 at 10:04 pm #22952SharynParticipant
- Location: Central NJ
Week of Sept 3 – 9
* Total Items in Store: 1038
* Items Sold: 13
* Cost of Items Sold: $42.26 + $0 Commission
* Total Sales: $460.50
* Highest Price Sold: $79 Cinderella Deluxe Video Edition
* Average Price Sold: $35.42
* Returns: 0 (1 cancel)
* Money Spent on New Inventory This Week: $13
* Number of items listed this week: 52
When I first met my husband, he almost never wanted to go on trips because of the stress. He eventually got the hang of it. I’m glad that you guys were able to work through the problem.
I had a great week. I had 7 less sales than last week, but made about $40 more. The average price was up about $15!
I just want to mention something I’ve noticed about GoDaddy. On the summary page, left-hand side, sometimes I see a message about repeat customers. If I happen to see the message, I’ll click on the link and see the customer’s name and the items they’ve bought from me. This is not about customers who bought more than one item in a single day, rather, these are purchases with weeks or months in between. If I see that before I’ve left feedback (because I usually leave feedback when I see the item is delivered), I will make sure to thank them for the repeat business. This has happened only a few times, but, so far, the buyer always leaves feedback. In one case, the buyer left feedback for both the new and the old purchases after seeing my message.
09/19/2017 at 11:17 am #22966SimonParticipant
- Location: San Francisco Bay Area
Storytime: Back in the 90s, my wife and I traveled around Europe for 2 summers in an old VW camper van (and I worked in England during the winter). Early in the first summer we were in Spain few a few weeks and at one point our old van was having mechanical trouble and overheating. We went into a VW dealer in a little Spanish town and had one of those horrible conversations where neither side could understand the other. (Even in countries where English is often spoken, mechanics usually don’t). Anyway, the mechanics agreed to take a look but we had to sleep in their parking lot overnight because they couldn’t see it till the following day. We killed the next day in town as well waiting to get the van and finally picked it up at the end of the second day. It was getting dark as we drove out of town but we need gas so I stopped on the gas station on the edge of town and filled up. We left the gas station and drove about 100 yards before the engine start sounding rough and huge plumes of black smoke started coming out of the exhaust. The van spluttered and died outside a milk factory. I quickly realized what I might had done …. Sure enough, I’d filled up with gazole which I had assumed was gasoline but which was actually diesel fuel. It was the most miserable point in our entire trip. The next day we had to go back to the mechanics and tell them we were idiots and plead for more help. I was mortified with embarrassment.
Anyway, here are my numbers for this week:
Items Sold: 53
Total Sales: $991
Cost of Items Sold: $137.19
Average Price Sold: $18.69
Average Cost of Item: $2.59
Highest Price Item Sold: $75 Objectivist Newsletter – Vols 1-3 – 1st printing
Number of items listed this week: 32
Average age of items in store (in days since listing): 265
Average number of days between listing and selling this week: 124
Median age of sales (in days, between listing and selling): 74
Sell-through rate (for the week): 2.69%
# of Hats Sold: 41 (77% of sales)
I had a busy week. Primarily because I ran a 20%-off sale on all my hats. That generated a lot of sales. The most I’ve ever had in one week in fact.
09/19/2017 at 11:25 am #22967
Selling 41 hats in one eek is amazing. That’s six hats a day. And these are all just thrift store hats? Incredible.
One day (hopefully soon), electric cars will be the norm. And they’ll drive themselves. Just get me where I need to go.
09/20/2017 at 10:12 am #23007SimonParticipant
- Location: San Francisco Bay Area
> One day (hopefully soon), electric cars will be the norm. And they’ll drive themselves. Just get me where I need to go.
Technology has certainly made huge leaps in that regard in the last couple of years. It suddenly seems like a real possibility.
> Selling 41 hats in one eek is amazing. That’s six hats a day. And these are all just thrift store hats? Incredible.
My Goodwill Outlet closed down last year so I had to switch to online arbitrage. I buy used hats in bulk online now and sell them individually. My average cost per hat jumped from 30 cents to $1.70 but there’s still money to be made if you know what will sell.
09/19/2017 at 7:20 pm #22988Denny E.Participant
- Location: Glendale, AZ
Here is a cool clock I found at a thrift store. It is marked “Beltz West Germany” and “Westminster-Whittington Quartz”. It plays one of twelve different children’s songs/lullabies on the hour. Which is more accurate to describe it: mid-century modern, 70s, or something else?
- This reply was modified 4 years, 1 month ago by Denny E..
09/25/2017 at 2:11 pm #23231AdventureEParticipant
I did a Google Reverse Image Search. I think this link may be of benefit.
- This reply was modified 4 years ago by AdventureE.
09/25/2017 at 8:14 pm #23247Denny E.Participant
- Location: Glendale, AZ
I really appreciate the response and the effort you put in to help me. The only problem is, that link leads to MY listing on ebay :). I went with the info I had and listed it the best I could. The main issue I have is that I don’t know whether it can be classified as mid-century modern, or is it later (like the 70s)?
09/26/2017 at 1:29 pm #23301AdventureEParticipant
How to classify it is not something I am familiar with. There is a thread in one of the main forums (I think it is Buying and Selling on Ebay) called something like What is this? You may want to post your question there. There may be others who are more knowledgeable and will be able to provide you with the information you are looking for.
- This reply was modified 4 years ago by AdventureE.
09/20/2017 at 7:06 pm #23028BethGreenParticipant
- Location: Ohio
Hi Guys! I hope you are having a fantastic trip! Your photos look amazing!
I haven’t posted in a while. I took a couple of months this summer to get some house projects done and do some family travel. Despite not listing a single new thing for 2 months, the summer sales kept rolling steadily in. It was unexpected as usually I experience the summer slowdown but I’ve heard you report you didn’t ever get really hit with it either. That makes me hopeful that eBay is making positive strides as a platform.
So I started listing again at about mid-August. Unfortunately I was one of those sellers who was getting my new listings showing in the International Sellers section at the very bottom of search results. 🙁 It really affected my sales for a couple of weeks. And I kind of missed the window of opportunity on some back to school backpacks I listed. Bummer. The issue seems to have been fixed and the sales followed. Here are last weeks numbers:
My numbers for the week of 9/10/17:
Total Items in Store: 74
Items Sold: 14
Cost of Items Sold: $47
Total Sales: $378 + shipping
Highest Price Sold: $58.49 (Dino Train Lot)
Average Price Sold: $27
What stresses me out? It is the shear number of changes that eBay makes. It makes me uneasy to really go for it and go bigger. It makes me uneasy with the platform that they can’t seem to stop tweaking. I have kept selling on eBay as a side thing for years. I think about going All-In with it all the time. Spring/Summer/Fall Seller Updates…I feel like I continue to adapt to each change. During the summer I took time to take a link out of my description (it was a link to my store…within the eBay site. It should not have shown as active content but it did and I had to take it out of each and every listing one by one because bulk editing did not work.) But it’s rather easy with my small number of listings. For larger sellers, what a headache! The newest Update came out yesterday. I really feel for the sellers who have watermarks on all their photos.
Ebay has been through some big growing pains and I feel like it has come out the other end better than it was in alot of ways. But the process has definitely stressed me out at times.
09/21/2017 at 10:54 am #23052kaninekleenupParticipant
J&R, hope you are having a great time.. Driving in countries where the signs are not in English is something I will not do while on vacation.. too much stress.. we were in Italy last year and I would not have had any fun if I was driving. We took the train and taxis and I was able to have a glass or two of wine while we explored Rome and Florence. Going back next year..going to go to Venice..no cars….Hope I don’t fall in the canal.. Brian
09/26/2017 at 12:57 pm #23294
Amen. Stress for me was driving in Panama City, during rush hour, when I don’t speak Spanish…and our cell phone we got for driving directions? It was yelling at me in Spanish!
“YES! BY ALL MEANS, YELL AT ME IN SPANISH AGAIN THAT I MISSED THE TURN! THAT IS VERY HELPFUL!”
09/24/2017 at 3:40 pm #23166ManateejaqParticipant
Really looking forward to listening to this podcast topic. I’m a bit behind and need to catch up!
September 10th (September 11th – Sep 16th 2017 = vacation)
Total items in store: Etsy ~500 // Ebay ~500 (Items not crossposted I list different types of things on Etsy and Ebay)
Items Sold: Etsy 1 // Ebay 5
Cost of items Sold: Etsy $2.29 // Ebay $24.80
Total Sales: Etsy $4.85 // Ebay $127.95
Highest Price Sold: NWT Women’s USA Soccer Jersey $45
Average Price Sold: $22.13
Returns: 0, but I mailed a package to a customer’s old address (they messaged me with the new address). I was just in such a hurry to get things together for my vacation that I forgot about their message. It came back to my house and I mailed it to their new address. The customer was very gracious and patient.
Number of items listed this week: 0
Out of town for vacation starting on Tuesday. These stats are just for the one day the shop was open. On other vacations I have left the shop open and extended handling time, but this time I just closed the shop so there was no extra stress. I had already had enough stress from the hurricane (and I was just visiting Florida, I felt very bad for the people who live there).
09/25/2017 at 11:58 am #23208HomeDecorGuyParticipant
Hey, haven’t listened to you guys in a couple years, gave up on selling used (scavenged) stuff long ago.. Did Ryanne just say Jay doesn’t drive? 🙂 Why? Does he have a drivers license? How does he survive living in the country without being about to dive anywhere?
09/25/2017 at 12:04 pm #23212
I drive. When we’ve rented a car in Europe and had to pick a main driver, Ryanne has taken that honor since I’m usually the main driver in the US.
Are you now just focusing on selling whole sale goods? Assume its going well if you no longer sell used goods?
09/25/2017 at 12:36 pm #23215HomeDecorGuyParticipant
Yep, I don’t like unhappy customers or getting returns. Just selling new items from suppliers. Make much less profit, but I can sleep at night..
09/25/2017 at 12:42 pm #23216
Cool. Sounds like you’ve found a niche that you enjoy. (But for the record, I sleep like a baby!)
09/25/2017 at 1:33 pm #23224
09/25/2017 at 1:55 pm #23227CTVintageParticipant
Hi Jay and Ryanne, enjoyed your comments about stress on the podcast today. One reason I really like your advice is that you’re practical and action-oriented about problem solving. The tone of eBay and other forums can be quite negative with everyone agreeing with each other about how unfairly they’re being treated or how miserable their lives as sellers are. (as you mentioned, they probably have other underlying issues they’re not dealing with). I just want to figure out the best way to do things and move on.
On another topic, a caller to your show recently mentioned that eBay has a FaceBook page where you can ask questions. I tried it and was able to message back and forth with an eBay rep via the messaging function on FB. They didn’t end up resolving my problem but they were responsive and gave some advice. So, it could be a way to talk to eBay without waiting on hold — probably wouldn’t work for very complicated issues but seems ok if you had a policy or procedure related question. Just passing it along.
Have a great rest of your vacation!
- This reply was modified 4 years ago by CTVintage.
09/26/2017 at 11:31 am #23288wendalina22Participant
I swear you guys always seem to talk about things that I am thinking about at the moment I’m thinking about it. Its like you are reading my mind. This was helpful. Thank you.
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