11/19/2017 at 6:41 pm #25851
Average week for us even in the holiday season. Sales are picking up today. How is your store? Join the conversation in the forum>> Our Store We
[See the full post at: Scavenger Life Episode 335: Strategizing Out of Our Own Sweatshop]
11/19/2017 at 7:26 pm #25866finditlistitsellitshipitParticipant
Really unusual and somewhat alarming, that we have two stores and have not sold 1 item this weekend. The only reason I even know our stores are still online is that we received a bid for a purse today. Wow! Hopefully others are selling, because we are not. One store has nearly 700 items and the other has 125. Typically we sell on average 3-5 items per day. In fact, we spent the better part of this weekend actively listing, as well. Looking forward to hearing how others are doing!
11/19/2017 at 8:08 pm #25868Rydell RelicsParticipant
RR Store Week Nov 12-18, 2017
Total Items in Store: 1,383
Items Sold: 33
Cost of Items Sold: $37.64
Total Sales: $590.63
Highest Price Sold: $85 (vintage 7-Up menu board)
Average Price Sold: $17.90
Money Spent on New Inventory This Week: $10.25
Number of items listed this week: 17
Kinda figured it would be a slow week. Still dealing with a health issue, but there is light at the end of the tunnel. Gotta keep plugging away when I can.
So this week I sold an item that I previously sold a few months ago. No clue how that happened. And it’s the second time; same thing hapened last month. Tomorrow I’m going to call ebay and see if I can at least get the defects removed. Such a strange glitch.
11/19/2017 at 8:24 pm #25869NancyParticipant
Soap poo 🙂
11/19/2017 at 8:30 pm #25870
yes, the alternate title to this episode is clearly “Soap Poo”!
11/19/2017 at 9:00 pm #25878Brian Treasures from GrandmasParticipant
- Location: Hoboken, NJ
Can’t wait to listen in the morning and see what you spent $1000+ on… hope it’s an amazing cache!
Week November 12-18, 2017
Total Items in Store: 917
Items Sold: 32 (3 Amazon)
Cost of Items Sold: $270 (20.7% of sales)
Total Sales: $1,301.93
Highest Price Sold: $237.59 (1962 Barbie) & $150 (48 Star Bulldog Bunting Flag)
Average Price Sold: $40.69
Money Spent on New Inventory This Week: $0
Number of items listed this week: 0
Promoted listings test: 20 sales, $910 (69.9% of total sales), $51.34 fees (5.6% of sales)
Tremendous week for me! Close to all time highs in volume & gross sales. That $40+ average sold is super nice too. Two big sales in the Barbie & the flag above, but also was selling $50 items left & right as well (11 total $50+ items sold). Also sold 6 items today to kick the week off really nice. One thing I’ve noticed is that I’m selling a lot more through promoted listings recently… since I started promoted listings back in January, a typical week would be 20%-35% of my sales, but for the past several weeks it has been 50%+. Not complaining, but interesting… perhaps with more users (including several unregistered users) around the holidays, the promoted listings are beneficial?
No listing this weekend as we are preparing to host Thanksgiving for my parents, my wife’s parents, and her sister. Grocery shopping, cleaning, laundry, and all the rest in preparation. I’m off work on Wednesday, so I might try to get a few things up and listed before the family chaos starts. 🙂
11/19/2017 at 9:04 pm #25881omfugParticipant
I haven’t even finished listening to the show yet–but I must know the story on the Hi Ball jacket! did the guy who bought the jacket for $50 not pay? did he return it? How did you determine that it is from the 20’s? I honestly couldn’t determine the age when I looked at the listing last week since the company made jackets until at least the 50’s, at any rate congratulations on the ending auction value–just proves that really old denim is still fetching high prices, and that auctions still work for some rare items. BTW, is the high bidder in Seattle?
11/19/2017 at 9:09 pm #25883
yeah it’s a story, for sure. i promise we’ll talk about it next episode!
11/19/2017 at 9:25 pm #25890Mark SParticipant
11/12/17 – 11/18/17
Total Items In Store: 2,064
Items Sold: 11
Cost of Items Sold: $40 (around)
Total Sales: $411
HIghest Price Sold: $90 (Eddie Bauer Jacket)
Average Price Sold: 36.36
Money Spent on New Inventory This Week: $ 43.44
Number of Items listed this week: 25
Just a so so week. I went hunting this week and looks like most everyone on ebay went also. But, even
while I was hunting, I was able to hunt down some New Dockers sweaters at an outlet shop on the cheap. The MSRP on them was $68. They were selling them $2.99 each with a 20% discount. I went all in on the “good” sweaters and bought 10 for $25.36 – including tax and the discount. Also got a Pokemon shirt for $0.84 and some Basketball Offical’s Black pants for $4.24.
11/19/2017 at 9:45 pm #25895AdventureEParticipant
You made an excellent point about ebay teaching buyers that they can create a situation that allows them to keep items and their money and then repeat the behavior. This is one of the greatest areas of weaknesses for eBay. They are inconsistant with consistancy. They positively reinforce negative behaviors and/or behavior’s they say they do not want or approve of due to their lack of consistancy. This causes alot of chaos and drama and is a huge waste of time. Time spent trying to figure out their pattern of inconsistant consistancy could be spent sourcing, listing, and/or packing.
11/20/2017 at 1:04 am #25915dearmilaParticipant
Nov 12 – Nov 18, 2017
Total Items in Store: 354
Items Sold: 20
Cost of Items Sold: approx. $20
Total Sales: $ 313.54 (but $220.57 if cashmere sweater/0 feedback customer doesn’t pay)
Highest Price Sold: $92.97 Armani cashmere sweater, but looks like they’re not going to pay, so let’s go with $47.99 for an avocado green chevron afghan.
Average Price Sold: $15.67 / $11.03 (low.. been auctioning off inventory I want to purge)
International Sales: 1
Money Spent on New Inventory This Week: $55.48
Number of items listed this week: 16
Meal prepping really helped this past week. Smoothies for breakfast, salads for lunch or dinner… & sometimes also for breakfast if I didn’t remember to defrost a smoothie. This week will do it again, and hopefully up the ante w/ some hot food prep. Love the podcast talk about the airplane meals & soap conservation. Here’s to a good week of sales and not eating out.
11/20/2017 at 3:59 am #25972skydogParticipant
Week of Nov. 12-18, 2017
Total Items in Store: 472
Items Sold: 25
Cost of Items Sold: $66
Total Sales: $574
Highest Price Sold: $59.50 (Red Wing fire fighter combat boots)
Average Price Sold: $22.96
Money Spent on New Inventory This Week: $121
Number of items listed this week: 21
Sold prices do not include shipping charges (we do not offer free shipping).
Store ratio: 2/3 used clothing, 1/3 non-clothing/yard sale type items.
Net “profit” for the week, $383 (after all fees and purchase costs). Average net sale $15.32, this week, ($17-$18 usually). Ave. profit per hour, $23 (includes listing & shipping 3-5 items per 2 hours worked), a little less than the usual $25-$30 per hour.
Had a great week selling snow boots and other cold weather items. 2/3 of inventory was priced at 15% off sale to get things moving and to sell winter items before Christmas. Money spent on new inventory during 6 thrift store visits ($121), and should bring in $700-800 in future sales.
Yesterday, a cashier at a thrift complimented me on my blanket lined, jeans jacket I was wearing. Told him I bought it at his company. And the jeans I was wearing, and the sweatshirt, and the belt and shoes ($18 total!).
11/20/2017 at 5:20 am #25983amazingtasteParticipant
Good morning! So excited to see the new mobile format for the forums here. 😃. I was just running November numbers and we have listed 274 items and sold 307. Not bad!
Anyhow, just wanted to log in and say thank you for being the one show that gets us through Monday morning shipping every week and Happy Thanksgiving!
11/20/2017 at 7:46 am #26002
Always good to see you pop your head in. We’ve learned a lot from your store.
11/20/2017 at 8:22 am #26011
I will second what Jay said. Good luck with the YouTube channel as well! And I love your Instagram posts!
11/20/2017 at 7:50 am #26003simplicioParticipant
Great podcast this week. Maximizing the value of my time is a huge preoccupation of mine on eBay. I am new, but I think I’ve done OK at keeping my sale price around $100… which does mean only an average of 4-5 sales per week. It means passing by a lot of stuff that could make money. I think I have done pretty well at getting even higher dollar sales, it seems like I can get $500+ every 3 weeks or so on average.
Many of those very big sales have one thing in common: *they are items used for productive purposes rather than personal luxury.* My current thinking is that this is how you scale. Organizations have deeper pockets than individuals, and even non-rich individuals are willing to spend more for things that help them make money, versus something cool for the house. Example: I just purchased a lot of 4 new inventory scanners for CAD$215, expecting to sell each for $200-300. We’ll see if that pans out for me, but if it does it will not be a grind!
The trick is finding this business/industrial/scientific/medical stuff… currently my obsession. I only really have one steady source of it at the moment.
Anyways… decent week this week, though it doesn’t look like it on paper.
Sales: CAD$416, 4 items, $104/item average
Net profit: -$21
Hours: 7, hourly rate -$3
Notable sales: vintage IBM typewriter $5–>$175 (I CAN’T STOP FINDING & SELLING GIANT TYPEWRITERS PLZ HELP)
Listings: 11 items, at least $440
My expenses were through the roof because of the inventory scanners I mentioned above.
I had some GREAT scavenging this week though, feel really energized again. 54 blank specialty tape cassettes for $5, should get me $200+, lot of 4 Givenchy perfumes for $25, should get me $300+. Never sold perfume before, but I thought to look ’em up thanks to you guys.
…And a huge cache of about 300 sewing patterns for $10. Some new, some used, mostly from the 70s. So here’s where your podcast is very apropos – lot these things up or do the grind? Need some advice here.
If I lot them up I think I’d get about $200-300 without burning more than a few calories.
On the other hand, I think they’ll ship individually in an envelope with a stamp… mostly a bunch of $5-10 sales BUTTTTT looking at solds, the odd one goes for $40-100. So I would only need to find like 5 of those kind to make more money than a lot sale. Have any of you guys sold these things? How often do you find a good one in a random lot? How do you price them? I figure the time invested is… well, about 30 minutes cradle-to-grave for the lot sale, versus maybe 30 hours to photograph, list, pick, and ship all the individual ones. I can’t make up my mind which way to go. It all depends how much more I’ll get from the individual sales…
On the soap question. I love the idea that Ryanne makes detergent out of the slivers! That really is peak scavenger performance. I am partial to Jay’s method, but I find if you get a new soap out of the cupboard when the first one begins to be a sliver, and stick them together well, you can have an unbroken apostolic succession of soap without any strange multiple-sliver chimeras. Does this constitute one soap, or multiple soaps? I suppose it depends on your purposes in asking. Philosophers since antiquity have known this conundrum as the Soap of Theseus.
11/20/2017 at 8:43 am #26015
My eyes glaze over when people talk about sewing patterns. We see them all the time and always pass over them. That being said, some people love them and have the knowledge to know which ones are sought after. So…my advice is to trust your passion. If you want to learn the sewing pattern world, there’s money to be made. If they bore you, sell as a lot and move on.
The trick with soap scavenging is that often the soap becomes unwieldy after about five generations. Personally, it just becomes more beautiful.
11/25/2017 at 10:02 pm #27005
Simplicio, personally I would sell them as large lots. I have done it both ways. You can study the brands that sell well individually and pick those out to sell alone, like Vogue or very vintage patterns. But the Simplicity, McCalls, run of the mill patterns aren’t worth the grunge work IMO.
11/20/2017 at 7:50 am #26004
Total Items in Store: 909
Items Sold: 15
Cost of Items Sold: $80
Total Sales: $599
Highest Price Sold: 165 Star Wars AT AT walker toy
Average Price Sold: $39.93
Average Profit: $34.60
What a sneaky week! It felt horrible, but in the end wasn’t terribly bad. I have two items that I don’t think will be paid for, so knock $75 off my numbers for them.
This week my wife challenged me to tackle my toys death pile. I have had unlisted toys taking up valuable space for over a year now. Well, challenge accepted! As I painfully make my way through cleaning, testing, and listing toys I realize why I quit: 90% of them aren’t worth the effort involved. When I first started this ebay business, retro toys and electronics were the backbone of it. Don’t get me wrong, I’ll still sell toys & electronics but my profit barrier is much higher. I’m basically to the point the sales price has to be $100+ to mess with an electronic toy. I’ve trashed or donated back multiple items out of this toy stash.
In other news, I bought a truck load of insulation to insulate my garage ceiling this week for the ebay room conversion. I’ve gone back & forth over whether to do blown in insulation in the walls. Some folks online say to do it, others say it’s a waste and can cause problems and insulating ceiling is good enough. Currently the garage walls have vinyl siding attached to foam insulation board, then empty joist spaces.
Oh did I mention truck? On that front I bought another truck on Thursday. This is my third one. I’ve made about $1200 selling the two trucks before it. I’ll definitely buy/sell 2-3 vehicles a year as part of my scavenger sales plan going forward.
11/20/2017 at 8:29 am #26012
Vehicle arbitrage is something I wished I knew more about and could make money at. Being able to inspect a car, know that you can get it for a deal, repair/clean it, and then flip for $500+ profit or more, and have less than 10 hours work into the deal. Being able to do that once a month would be great.
11/20/2017 at 8:48 am #26016
I think you live in Colorado? If so, there’s a limit to selling three cars per year: https://www.reddit.com/r/Denver/comments/3extj2/how_many_cars_can_you_sell_a_year_in_colorado/
I guess these laws on to protect dealers? Not sure why you couldnt just sell cars all day long.
11/20/2017 at 9:16 am #26029
Yeah, I think I saw that at one point. First, I need to get the knowledge and try 1 or 2 before trying to get more into it. At that point, I can see how I like it and what to do to comply with the law.
11/20/2017 at 8:39 am #26013
You seem to do well on selling trucks. In some states there are limits to how many cars you can sell in a year before you need a license. How do some of those dudes flip so many cars on Craigslist? Do you think they get a license?
With insulation, you could try just to do the ceiling (but keep your walls uncovered for now). See if it retains heat. I guess the big concern is if there are any cracks or crevices where cold air can seep in. Doesnt take much to suck out the hot air.
11/20/2017 at 9:51 am #26037
In the early nineties I bought and sold cars without a dealers license all the time.
The trick was to get the title signed but not filled out with your info on it, then when you sell you just pass the title on to the new owner.
This was in Minnesota which had a 5 car flip per year limit.
11/20/2017 at 10:18 am #26041
Huh, so the system doesnt log your name even if you dont put your name on it since you are the owner of the vehicle?
11/20/2017 at 11:15 am #26050
Many car flippers get the title and just have the person they are buying it off of sign it over. Your name will never be associated with ownership of the vehicle this way. That’s how I got the trailer I have. For me, I want to use the truck so I register and pay taxes. This is my third truck so I’m done after this one unless I start doing the blank title trick. I’m not incredibly keen on doing that.
11/20/2017 at 11:56 am #26054
The walls are fully sheetrocked, so any insulation I do will require drilled holes and blowing in insulation. There is a 1″ foam board on the outside under the siding so they are at least partially insulated. I can caulk around the base of the walls and seal the outlets. It may not be so bad.
11/20/2017 at 11:57 am #26055
Cool. Seal the best you can and see how it holds heat.
Do you heat with a wood stove in the garage? Our oil, electric?
11/20/2017 at 2:02 pm #26080
I’m gonna start out with an electric space heater just to take the edge off since I’m not close to done yet. Long term I’d like to put one of those hotel room style wall units in so it stays climate controlled year round. I’m going to have plenty of inventory storage in there as well for my more shoes/clothing. I’m starting to get concerned about having my clothes/shoes in uncontrolled storage.
11/25/2017 at 10:04 pm #27006
Retro, please update us on your garage insulation decision. We need to insulate ours eventually. We have blown in cellulose in the house, put in before the drywall. It’s amazingly efficient and quiet.
- This reply was modified 3 years, 9 months ago by Linda Shields.
11/20/2017 at 8:19 am #26010
Week of 11/12-11/18
Total Items in Store: 1,669
Number of Items Listed: 98
Number of Items Sold: 120 (includes 4 Bonanza, 2 TruGether, 10 Etsy)
Weekly STR: 30%
Total Product Sales: $3,462
Cost of Items Sold: $804
Gross Profit for Week: $2,321
Highest Item Sold: $140 – NEW Model Trailways Concord Stagecoach Wood Model Kit
Competition: Highest Priced Sale: Veronica CRUSHED the week and Veronica leads for the year 26-19.
Best. Week. Ever.
We had another Grand Slam Day on Tuesday (had a sale on all four platforms). Our expansion onto Etsy by leveraging SixBit has been solid as well, with 13 items sold since we started in late October. By using SixBit to have the info from our eBay listing, and just making the necessary changes to make the Etsy listing, it has made listing on Etsy efficient and profitable.
Our listing number took a little bit of a hit this week as I had to make an unexpected trip up to Missoula to pick up my dad and bring him down to Denver for a few weeks. 25 hours of driving in a 37 hour period…I feel like Bandit Darville…
We are dealing with some interesting shipping issues. We have a pair of Rock Revival Jeans that went to Saudi Arabia…but haven’t arrived. Tracking as stopped in Dammam since 10/24. We are most likely going to have to eat a refund, and I will just keep checking the tracking to see if they arrive.
Then we have a pair of Lucky Jeans that were shown as Delivered, but the buyer asked to have them sent to another address. He says that the original place refused the package and that they are supposed to be sent back to us. We will send on and bill him the second shipping charge if we get them. Tracking now shows as Forwarded, so we are watching it.
THEN, we have a pair of Rock Revival jeans that the tracking says “unable to deliver item, problem with address”. Buyer messaged us and we are on the lookout to see if they are returned so that we can verify the address and resend the jeans.
Very strange how they are all hitting now…but you know how things move in threes…
11/20/2017 at 8:49 am #26017
So what is the process of listing your eBay items on Etsy? Does Sixbit make it a one-click operation? Or are you essentially having to manually relist each and every item with a new format?
11/20/2017 at 9:25 am #26030
It isn’t a one-click, but it is pretty quick. She basically just copies the Item Description from the eBay tab to the Etsy tab (in SixBit), then fill out the Attributes, Tags, and Categories on the Etsy tab, then send it. Really quick.
I’m going to ask the SixBit crew if there is anyway to automate the Etsy side (like IF/THEN statements).
It is better than Bonanza and TruGether as well, since once something sells on Etsy, the eBay listing is taken down (and Vice Versa). With Bonanza and TruGether, we have to enter the order into SixBit manually.
11/20/2017 at 10:00 am #26039MDC Galleries & Fine ArtParticipant
- Location: Atlanta
Hey T-Satt: Could you explain the use of or an example of how adding those [IF/THEN statements] would help to automate the Etsy listing process or how you would use them within the SB arena?
You know why I am curious about that.
Mike at MDC Galleries in Atlanta
11/20/2017 at 11:20 am #26051
I’m not sure if you can or if they have that functionality, but similar to using the snippets in SixBit.
You can use the snippets inside your description, so that whatever you put in item specifics, condition, etc., it is also put in your listing description. I would like to see if they have the ability to link the item categories in eBay with the categories in Etsy. Or the Item Specifics with the Attributes. That way, whatever I put into eBay can already populate the Etsy tab.
It would speed things along for Veronica. Similar to why I have 17 templates just for clothes, because I already have a lot of stuff filled out for that item (eBay Store category, My Store category, item specifics, etc.) Just wanting to speed up and automate the process.
11/20/2017 at 8:10 pm #26135
As a follow-up, SixBit got back with me and showed how I can pull the Item Description into the Etsy tab, and how to copy the Item Specifics from EBay into the Tags in Etsy. That will save a little time.
11/20/2017 at 9:54 am #26038
“Oh, I love your suits. It must be a bitch finding suits size 68 extra fat and a 12 dwarf.”
11/20/2017 at 11:14 am #26049
One of my favorite lines!
“There is no way…NO WAY…that you could come from my loins.”
I can neither confirm nor deny that I have said this to my sons…
11/20/2017 at 8:40 am #26014ChristineRParticipant
- Location: Southern California
Total Items in Store: 405
Items Sold: 17
Cost of Items Sold: $127 + $13 free shipping
Total Sales: $510
Highest Price Sold: $63 Arts & Crafts Mug
Average Price Sold: $30
Money Spent on New Inventory This Week: $200+
Number of items listed this week: 3 ugh, so busy.
Pretty good week for me even without listing, though some days were completely dead so I’m having waves of sales. I have good luck with multiples and Pinterest with my new items. Super fun time this week sourcing an indy thrift Christmas Boutique. This store is manned by older ladies and located near an enclave in our town with homes in the multi-millions. They save their best and Christmas stuff all year for this event and I found some brand new Cutco, Williams Sonoma linens, Folkmanis puppets and other goodies. I was twice asked if I was a reseller that day so that was kind of a bummer. I just kind of sidestepped the question and told them about my youngest child. My contract work is very busy and we have family in town so very difficult to list at the moment. I got up at 3 am so I listened to the podcast and I’m posting this.
Thank you for the podcast and good luck with your high end items! I hope they do really well for you and move on soon. Don’t forget to consider spending more time in the urban areas to look for stellar deals too. Busy, well off working people (like your coffee machine movers) spin off good stuff due to convenience. I’m confident you would do well with that approach and get some shorter tail stuff in your mix. Best, Christine
11/20/2017 at 8:49 am #26018
Agreed. If we could really find items that sold for $1000, we’d be more willing to drive into urban areas.
11/20/2017 at 10:30 am #26042CTVintageParticipant
Just listened to the podcast and can really relate to your thinking about spending more to sell fewer, more expensive items. My husband and I have been thinking along the same lines lately and spending more to acquire some original art and other valuables through online auctions. Also trying to discipline ourselves at estate sales: we won’t stay at a sale if it seems like we’ll only get a big pile of small items or if the organizers don’t seem to be discounting high-ticket items or working with resellers. A few more thoughts about listing less vs. more valuable:
– Only list less valuable items (ie, $10-25) that are fairly easy to ship (especially the $10 ones). Example: I recently bought a big container of vintage hat pins for $20 and can sell them in lots of 3-5 for $15-$20 each. Good example of what is worthwhile to sell for less as they are very easy to bundle and ship in an envelope. Compare this to a vintage oval framed print I just sold for $25: It wouldn’t fit into any ordinary size box so I spent almost an hour trying to find a box, wrap it so it wouldn’t bend, and make a custom box. Bad idea!
– Our sales strategy might change as we shift to more valuable items. I could be wrong on this, but I think that customer reviews and marketing might matter more to buyers who look for fine art or other high priced items on eBay. And you might get more repeat buyers. Personally, if I was going spend $1000-plus on a painting, I would care about and read the seller reviews and generally want to know more about them. Maybe buy a couple of smaller items first. To this end, I’m investing time in certain long-term efforts that don’t have an immediate payoff: ie, sending out a weekly customer newsletter (getting emails through Facebook ads).
– Appraisals. Looking into getting original art appraised. It makes me more confident in selling it and also helps me learn about the market. It’s nice to get higher selling prices but along with that is risk; I’m nervous about not sounding like I know what I’m talking about!
– Finally – interesting to hear about your knife sale. We just sold a vintage collectible knife that had Arabic lettering engraved on the blade, a carved lion head handle, and leather sheaf. Listed for $195; sold for $150. (purchased at a tag sale for $5).
11/20/2017 at 10:42 am #26043GeoffParticipant
Not huge volume and low selling avg price. Gearing up to get a lot done the early part of this week and then enjoying the Holiday. Thanksgiving is the best! hope everyone has a great week.
Total items in store (beginning of week): 780
Items sold: 12
Weekly sell through: % 1.54
Total Sales: $252.35 (no shipping)
Average price: $21.03
Cost of items sold: $35.19
Gross profit: $217.16
Highest item sold: Sony STR-K790 FM Stereo /FM-AM Receiver & Subwoofer & 5 speakers & Remote bundle – 68 dollars sale, cost 21 Dollars
New items listed: 93
Asking price of new items listed: $2005.93
Cost of new items listed: $82
11/20/2017 at 10:52 am #26047ThriftShiftParticipant
- Location: Cabarete, Dominican Republic
Items in store: 785
Items sold: 27
Highest: $99 for pair of Blundstone boots for which I paid $3 at church thrift; followed by $59 French perfume promo hoodie ($2 at dame thrift) and a $50 talking vintage Vox Clock that cost $1 at yard sale.
I did also sell a pair of Gucci boots for $220 that I had stupidly bought for $175 in rookie days. I didn’t count that since I basically just made my money back.
11/20/2017 at 11:49 am #26052jamieParticipant
Listen to the podcast this morning while packing up sales from the weekend. I’ve gone Keto/low carb too, and since May I’ve lost 29 lbs. I’d love to have your coconut flour recipe pizza. I usually make one with cheese and almond flour that’s pretty good.
I also pulled a Jay and went all in a bought a basket full of 59 Disney watches for Only $15 and two designer signatures ones for $50. All of them need new batteries. So I’m excited to get them listed.
11/20/2017 at 3:05 pm #26101
wow 29lbs is amazing.
this is the pizza crust recipe that we really like. takes no time to make. tastes great!
11/20/2017 at 11:55 am #26053IdahoarderParticipant
Store Week 11/12/17 – 11/18/17
Total items in store: 1631
Items sold: 30
Cost of items sold: $22.10
Total sales: $886.10
Highest price sold: $140.00 (Vintage Halloween Die-Cut Decoration)
Average price sold: $29.54
Money spent on new inventory this week: $72.00
Moved a lot of items this week! I was really excited to sell the Halloween decoration. This is one thing that I think I’d like to collect myself, but I can’t bear to keep them at these prices! I’ll post a link on the what sold forum.
11/20/2017 at 12:39 pm #26063tillymcgeeParticipant
- Location: Fargo
Listened to your conversation about hotel soaps, etc. Certain brands can be re-sold on Ebay in lots. Bath and Body Works; Paul Mitchell; Neutrogena are lots I have sold in the past. I purchased an entire basket of travel sized hotels, shampoos, etc. from my thrift store…probably more than 1000 items for $50 and easily made 10x that grouping and selling.
11/20/2017 at 12:51 pm #26069DoublythumbsParticipant
- Location: Hopedale, OH
Nov. 12 – 18
Total Items in Store: 877
Items Sold: 22
Total Sales (Gross Profit): $558
Highest Price: $50 (Vintage Walt Disney World Hat)
Average Price: $25
Cost of Items Sold: $38
Costs of Items Purchased this Week: $48
It was a pretty average week for me as well. I sold a lot of lower dollar items at the beginning of the week, but then sales slowly dried up at the end of the week.
Went to an estate sale on Saturday. It was a bust. Barely anything that interested me. I ended up buying a couple electronics that I can probably make 10 or 20 bucks off of. But instead of calling it a day, I decided to try my luck at my favorite Goodwill outlet store. I did a lot better, finding all kinds of cool stuff including a brand new digital picture frame and a practically unworn vintage wool overcoat. I reckon I’ll make an easy $400 profit from everything.
I had one return this week. I sold an old metal fishing net float for $75. I got a message a few days after they’ve received it saying that it was made out of aluminum and not steel. Well (A) I never said it was steel. And (B) when I got it back, I did a magnet test and it was indeed made out of steel. I think they just had buyer’s remorse. Luckily, they didn’t try to cheat the system to get me to pay for shipping.
Have you tried Instant Pot Steel Cut Oats yet? They’re really easy and so flippin good! It’s just 1 part oats to 3 parts almond milk. Then add in whatever toppings you prefer. Pressure cook for 3 minutes and do a natural pressure release. Though if you’re trying to eat low-carb meals, they’re probably not something that you’d want to make often.
11/20/2017 at 3:08 pm #26102
i love steel cut oats! sadly we aren’t eating them right now though. but they are so tasty and take forever to cook normally, so the instant pot would be perfect. i’m sure i’ll try it someday.
11/20/2017 at 2:59 pm #26098ChristineKParticipant
For the “soap poo” have you considered putting them in a little pouch and using them up that way? They sell them at fancy soap stores like Basin, but you could just as easily make one for free using a washcloth. It’s actually called a “soap saver bag” https://basin.com/soap-saver-bag/
This week was quite good for me. I don’t sell particularly holiday-ish items either, so my sales are consistently about $600-$800 a week. I’m trying to spend on inventory at yard sales mostly right now so I can hopefully get that up to $1000 a week. My COGS this week is low because I’m still selling items that I got for free from a house that a friend was flipping. She is always buying and flipping houses so I’m hopeful that she’ll buy another one with good stuff in it 🙂
Nov. 12 – 19
Total Items in Store: 999
Items Sold: 50
Total Sales (Gross Profit): $933.81
Highest Price: $54.95 (Vintage Lingerie Item)
Average Price: $18.68
Cost of Items Sold: $24
Costs of Items Purchased this Week: $140 (sourced a lot which is unusual for me!)
11/20/2017 at 3:10 pm #26104
Nov 12-18 2017
• Total Items in Store: 850
• Items Sold: 27 all ebay
• International 3 GSP
• Total Sales $2366
• Highest Price $700 Marilyn Monroe photos
• Average Price Sold: $88
• Returns: 0
• Cost of Items Sold: $720
• Cost of items purchased this week $112
Saw a pair of Reglor chalkware figurine lamps in pristine condition but were priced too high for me at $200.
I left my number to call me if they still had them after the sale.
They called, I went to look and offered $100 but they said no less than $150. Well they should have a very high resale so I agreed, I told them to be careful pulling the masking tape off they used for a price tag, she still pulled up two small flakes off the base, she felt bad and I ended up with them for $100, now I need to look into repairing the paint chips or perhaps selling as is.
They are quite impressive, tall gypsy dancers in red.
11/20/2017 at 4:33 pm #26112SharynParticipant
- Location: Central NJ
Comments on the podcast:
I have a much smaller store, but yet I have a reseller permit so that I don’t have to pay sales tax. It wasn’t difficult at all for me to get one in NJ. I can’t imagine that it would be difficult in VA if you have a registered business and a permit to collect sales tax. From the quick search I did, I think that is all you need in VA (but double-check that). Then you have to fill out a ST-10 form and submit that to your auction company.
I find that lots are bid up higher at auctions this time of year through the beginning of the next year. I went to one last week, and I didn’t buy anything until a few hours later when the crowd started to thin out a bit. And, yes, there are people who look through your stuff after a lot has been sold. I think that some people go just to hang out and look at the stuff, so they want to check out what you’ve bought. It is annoying.
Congrats on getting to a feedback of 9000! That’s quite some accomplishment. I’m at about 480 in my tiny little store, and I’m just excited that the color of my star will change at 500!
So here are my numbers:
Week of Nov 12-18
* Total Items in Store: 1178
* Items Sold: 22
* Cost of Items Sold: $22.68 + $60 Commission
* Total Sales: $458.78
* Highest Price Sold: $120 Wool fabric (on commission); $55 Williams-Sonoma pasta bowl set (non-commission)
* Average Price Sold: $20.85
* Returns: 0
* Money Spent on New Inventory This Week: $34.50
* Number of items listed this week: 57
11/20/2017 at 4:43 pm #26113SharynParticipant
- Location: Central NJ
Another comment on the podcast:
I also started buying higher value items this year, and it has definitely helped. What I need to do for next year is to be willing to drop the cheap stuff and just donate it. I’ll buy an auction lot because a few items have a decent value, but I have to list all of it because I can’t seem to leave that money on the table even if it is only $10 (or less). But, it costs me in time and listing fees (because I’m now over the 1000 items in the mid-level store), and I need to let go! I’ve decided that February and March next year will be my time to purge and (hopefully) change my ways.
11/25/2017 at 10:40 pm #27010
When you go to sales where you have to leave your things sitting on a table try taking some small lightweight pieces of white sheets marked SOLD to lay over them. It does help keep prying eyes away. I also take large IKEA bags marked sold with my name And sit them behind the pay desk until I pay.
11/20/2017 at 11:43 pm #26156ManateejaqParticipant
November 12 – 18th 2017
Total items in store: Etsy 482 // Ebay 624 (Items not crossposted I list different types of things on Etsy and Ebay)
Items Sold: Etsy 17 // Ebay 18
Cost of items Sold: Etsy $36.38 // Ebay $79.69
Total Sales: Etsy $209.45 // Ebay $323.24
Highest Price Sold: Keen Steel Toe Work Boots $45
Average Price Sold: $15.22
Number of items listed this week: 20 (listed at $320)
Dealt with my files that vanished last week – rebuilt them from my backups. That took a lot of time unfortunately. Also had one mouse (probably actually a vole) get himself into my sump pump and another got into the house in the basement. Awesome. That is where I work and store all of my inventory. We caught those two but I am concerned more will get in, so I am having a pest company seal up all the holes they can find (for an absurd price) next Monday. For now, traps. Sometimes wish I was better at doing home repairs myself, but it will probably be much better done by an expert. So overall a pretty crappy listing week because of these issues.
11/22/2017 at 11:27 am #26502BethGreenParticipant
- Location: Ohio
My numbers for the week of 11/12/17:
Total Items in Store: 112
Items Sold: 17
Cost of Items Sold: $67
Total Sales: $533 + shipping
Highest Price Sold: $125 (Disney Castle)
Average Price Sold: $31.35
Busy week as I prepare to host back to back Thanksgiving dinners…Thursday for my husband’s family and Friday for mine! But I am just finishing up my goal of getting all my seasonal stuff listed this week. Just a couple more pairs of boots to list. And I know I have one of those vintage troll head Christmas stockings in my deathpile somewhere!
I have a theory that eBay Search gives priority in Search ranking if you have a niche. My most recent experience in this is that I had purchased a cache of christmas collectibles from a lady…her entire collection. So had over a dozen of this one brand, different items listed. And I notice my listings are getting very high priority and I am selling them very quickly. It is definitely not the first time I’ve noticed this. But it seems like whenever I’m down to the “last one” (ie last pair of kids snow boots after selling a ton of them…) it will sit for much longer.
Hoping to come back and read through all the discussions above but I’ve got to start cooking! Happy Thanksgiving, everyone!
11/22/2017 at 12:58 pm #26503almastyParticipant
That sounds like a neat experiment, but I would be worried about the additional insurance costs to be incurred on a stock that pricey. You don’t want to leave items that expensive hanging…have you considered using a service like u-pic to insure items? I believe there are other companies that also provide insurance that you can purchase per month, like unlimited plans.
It has been average this week (15-20 items out per day), but it has gotten busy over the past 24 hours. I had 40 packages to bring into the post office this morning! Glad I got the mail in that came in overnight out the door, as there are already another 4 packages ready to go out on Friday.
Hope everyone has busy Thanksgiving & Cyber Monday sales!
11/25/2017 at 3:28 pm #26969LosingitagainParticipant
So, let me tell you how this snowbird handled her eBay inventory this year. Normally, we come to Arizona January, February and March. Last year, I only had about 200 items listed, so I was able to put it all into boxes in the back of my Ford Escape and bring it with me to Arizona. However, my transmission went out on the way down (not sure if it was due to the heavy inventory I loaded? I also had about 200,000 miles, so maybe it was just time). This year, we are here October through March and I have about 380 items listed. Since we came for a half a year, we brought many more items with us. I am a huge couponer and I couldn’t bring myself to pay full price for canned items, cleaning items, health & beauty items, etc. so we brought that with us as well as our bikes, etc. We ended up buying an enclosed trailer that I will be taking off our taxes as an item needed for my eBay business (since buying things at estate sales can sometimes need an enclosed trailer to bring home). Everything is in bins labels for identification purposes. It worked out well and I keep my bins in the trailer in the garage for extra protection.
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