03/04/2019 at 8:02 am #58038RyanneKeymaster
- Location: Virginia
See the new seller metrics here. Join the conversation in the forum>> Our Store Week Feb 24-March 2, 2019 Total Items in Store: 8152 Items Sol
[See the full post at: Scavenger Life Episode 401: You Don’t Have To Quit Your Job To Sell On eBay]
03/04/2019 at 8:38 am #58040
Listening now! This is my first Monday morning listening to the podcast as a self-employed person!
February 24 – March 2, 2019
Total Items in Store: 1,681
Items Sold: 26
Gross Sales: $645.38
Cost of Items Sold: $59.60
Highest Price Sold: $49.99
Average Price Sold: $24.82
Money Spent on New Inventory This Week: $135.68
Number of items listed this week: 52
Store 2 (CAD)
Total Items in Store: 858
Items Sold: 10
Gross Sales: $116.90
Cost of Items Sold: $19.00
Highest Price Sold: $14.99 (vintage patch)
Average Price Sold: $11.69
Money Spent on New Inventory This Week: $0
Number of items listed this week: 35
Amazon.ca sales: $856.00 (CAD) (Approx $256.80 net profit)
Amazon.com sales: $678.00 (Approx $203.40 net profit)
Gut sales report: A touch slow, but not as slow as the numbers would end up showing. Highest sale was only $49.99, so my ASP and gross sales got pulled down.
Scavenge of the week: Some selvedge denim jeans and a pair of Danner boots.
Challenge of the week: I’ve got two:
1. I had set a lofty listing goal of getting to 2,550 total listings by the end of February. I was behind, and had a couple of marathon listing sessions to get me there (just barely). I ended the month at 2,550 total, with 431 total new listings for the month.
2. I’ve recently been having issues with my cross-border shipper getting my Amazon shipments across the border (no ebay issues, fortunately). As a result, a number of my replenishable, good selling items have run out of stock, and my sales have slowed. I think I’ve found a potential work-around, and have a few shipments on their way in now. Lesson learned, once resolved, I’m going to keep more than one month worth of inventory in the FBA warehouses. I’ll probably up that to two or three months worth.
- This reply was modified 2 years, 9 months ago by Winchester38.
03/04/2019 at 11:30 am #58057DoublythumbsParticipant
- Location: Hopedale, OH
I’m right there with you, Winchester. Well technically last week was mine but it didn’t count because it was my “vacation” week. Good luck with your new career!
03/04/2019 at 12:38 pm #58063
I know its kind of a gray area getting inventory across the border. Can you generally share what the issue has been going from Canada to the US?
03/05/2019 at 8:44 am #58134
Recently, it seems that the US border has been making it more difficult to send FBA shipments across the border from Canada. There’a limit of $800 per package, per destination, and since the items for FBA aren’t technically sold yet, there’s more work involved for them to assess values to them. They’re pulling more shipments than usual for checking, and it’s slowing shipments down. At least this is what my cross-border courier is telling me.
03/05/2019 at 9:15 am #58145
From what I’ve read, it’s a bit of a gray area. Sending inventory across the border to sell technically falls into “imports”, which means they can assess duty taxes etc, right?
But those couriers are the ‘gray area” because they try to go across the border as individuals and not a business: https://www.reddit.com/r/FulfillmentByAmazon/comments/3obh58/canadian_fbaers_selling_in_the_us_how_do_you_ship/
Can you just ship freight to the Amazon warehouse?
03/05/2019 at 12:53 pm #58164
I can ship directly, but not using amazon’s partnered UPS shipping rates, so it becomes quite a bit more expensive. I’m working on a back-up option, and am planning on sending a shipment this afternoon as a test. Crossing fingers.
Looking forward to the summer when I start taking my own shipments across the border!
03/05/2019 at 1:44 pm #58168
Border Guard: “hello Sir. Why do you have 328 spatula sets?”
Canadian: “Just taking them to grandma’s house as presents.”
03/05/2019 at 1:57 pm #58169InglewoodParticipant
As someone who lives on the border and crosses into the U.S. often, it’s always an interesting experience at customs.
The random inspections are always interesting. I’ve had dogs go through my car, I’ve had my car gone through by multiple customs agents, and been questioned about my intentions numerous times. I’ve been questioned in a room with a nice couch and ESPN on, all the way to what essentially was a jail cell on the American side. All just random routine stuff when you are a regular and they want to make sure you are honest. Even with Nexus I still get pulled over to the side for further inspection 1 out of 20 trips. Everyone is friendly as long as you are honest with them – but I do enjoy seeing what happens to dishonest people while waiting…
The Canadian side is all about taxes and weapons – bring back whatever you want as long as it isn’t a gun, stun gun, pepper spray, or weird knives, and they’ll tax you on the rest…
03/05/2019 at 2:09 pm #58172
Are you allowed to bring across inventory into the US?
(FYI in the US, it’s mandatory that you own 12 guns + at least enough weird knives to fit in each pocket. Only children are allowed to own non-lethal stun guns)
03/05/2019 at 2:51 pm #58176
When I start making my own shipping trips I’ll cross as a commercial vehicle (pay an annual fee, use the commercial lanes, declare everything, provide manifests, etc), and will DEFINITELY do everything on the up and up. I’m setting myself up to do this long-term, and in no way want to jeopardize that. I’ve heard that some borders are cake, and some are painful. There are three within an hour or so of where we’ll be moving, so hopefully at least one of them is reasonable.
Taking shipments across is completely on the up and up. That doesn’t mean they have to like it, or make it easy though. I’ll have to pay an annual fee ($400ish) to cross as a commercial vehicle, and jump through some hoops with paperwork, but otherwise, shouldn’t have to much difficulty.
03/05/2019 at 6:38 pm #58192
Got it. I didnt know if you could just load up your car with junk and say youre just taking a trip. Good to hear that there’s a process that’s doable for a small seller.
03/05/2019 at 7:22 pm #58193
I remember going accross the boarder with a library card as a kid. Boy those days are gone. Guess they always did do the random inspection however.
03/04/2019 at 8:51 am #58042
Week of 02/24-03/02
Total Items in Store: 2,906 (Up 54% YOY)
Number of Items Listed: 93
Number of Items Sold: 104 (Up 121% YOY)
(Includes 2 Etsy, 0 Bonanza, 0 TrueGether, 8 Poshmark)
Weekly STR: 15% (Even YOY)
Total Product Sales: $3,366 (Up 87%)
Sales Volume Variance to Prior Year: $915
Sales Price Variance to Prior Year: $647
Cost of Items Sold: $641
Cost of Labor: $230
Highest Item Sold: $200 – Canali Italian Full Canvas Suit
Competition: Highest Priced Sale: Troy wins the week and Veronica leads for the year 5-4. Though I have to give props to Veronica for the Saturday push with a $185 sale on a Pickle Castor Jar!
# Listed: 1,750
# Sold: 68
# Listed: 584
# Sold: 21
# Listed: 572
# Sold: 13
# Listed: 2,906
# Sold: 94
# Listed: 219
# Sold: 2
# Listed: 571
# Sold: 8
Listing activity to a bit of a hit with some stuff going on, and our photographer is gone for a week this week and Veronica is going to visit her mom and sister in Phoenix from Thursday through Tuesday, so listings will probably be down again. Good news was that sales were up last week, with a week we usually see in Q4 (last week was our third best sales week ever).
Posting now, going to listen while we ship this morning…
03/04/2019 at 9:51 am #58047
Whatever you’re doing with clothes seems to be a huge success. If Im reading correctly, you sold 100 items of clothes or shoes last week between eBay and Poshmark. That’s a lot of clothes.
03/04/2019 at 12:47 pm #58070
Yeah, 68 clothing items, and Veronica killed it on shoes with 21.
And yeah, Poshmark is some more work, but if you have the right tools (SixBit for us), cross posting is easy. It has been a solid $300-$400 extra each week.
I’ll definitely get the hangout figured out so that we can be live with you and Ryanne, and have a chat going for other questions. My thought would be to walk you guys through how we use the tool, how we crosspost, and any questions you have. Then, I can plan to answer any questions people send in ahead of time, and then have a chat for others to ask questions as well.
03/04/2019 at 1:34 pm #58077
Not sure if its feasible, but I’d also like to know how you set it all up.
–Is it a one click import of your store?
–Is there a lot of work organizing all the data?
03/04/2019 at 1:46 pm #58080
One click import definitely. Though there can be some sorting out to do afterwards. For the most part, I know that it somewhat OVER imported (including some past sales, but that may have been my fault).
Organizing the data is pretty easy if you are using SKUs and your SKUs are all unique. I had some clean up here as well.
After we get through my side, I can also reach out to the guys at SixBit to see if we can have one of the tech guys on sometime to walk through some more technical questions (and answer better than me!). Heck, I’ll probably learn a bunch from them myself. I had a lot of questions answered with them at eBay Open the past couple of years. Great group of people…
03/04/2019 at 9:14 am #58043
You were speaking directly to me in this show. I sell as extra income to help afford vacations, nights out, buying wants instead of needs… but also, it gives me something to fall back on if my employment situation changes for the worse. I lived through 2008-10 recession, was laid off in 2009 as a direct result of it – so now I have my store to supplement & provide insurance in case there is another serious downturn. I wouldn’t have to start a store from scratch if my day to day office job goes away.
Week Feb 24-Mar 3, 2019
Total Items in Store: 1028
Items Sold: 16 (2 Facebook)
Cost of Items Sold: $106 (26.5% of sales)
Total Sales: $400.45
Highest Price Sold: $49.99 (2) (Pink Floyd Atom Heart Mother & The Wall)
Average Price Sold: $25.03
Money Spent on New Inventory This Week: $0
Number of items listed this week: 0
Promoted listings test: 6 sales, $117.49 (29.3% of total sales), $6.13 fees (5.2% of sales)
Slow week. Low dollar items selling. “Mistakes” that I paid too much for selling. We all have weeks like this and this is my first really poor week of the year. Sold several low dollar items, items in clearance – which is nice, but kept my avg price down. Sold a couple items in the $20-$30 range that were mistakes that I barely broke even on.
No shopping or listing this week as we had a friend staying with us – and the second bedroom is where I do my cleaning/photographic/listing. Will likely be back on the listing horse hard this coming weekend.
03/04/2019 at 2:57 pm #58091
I love it when “mistakes” sell. Even if you break even. It’s feels like redemption.
03/04/2019 at 3:17 pm #58095
Yeah, they were good items, I just overpaid for them in the heat of the battle. I guess nothing is really a “mistake”, it’s all relative to how much you invest to buy/clean/repair vs how much they sell. I just spent too much to get these items, whereas getting them for $1-$3 would have moved them into a “score”. 🙂
03/04/2019 at 9:21 am #58044shayward23Participant
- Location: Metro Detroit
Week of 2/25 – 3/3
Total Items in Store: 1122
Items Sold: 54
Gross Sales: $1372.57
Cost of Items Sold: $106.92
Highest Price Sold: $72.80 (NIB Vintage Interpur 4pc Stoneware Covered Onion Soup Bowls With Ratan Bases)
Average Price Sold: $25.41
Money Spent on New Inventory This Week: $0
Number of items listed this week: 70
Officially my best week ever, also my one year eBay seller anniversary!
While I totally agree that it is totally possible to do this on the side, part time; there’s some wonderfully freeing about doing for one’s self. I like being the master of my own destiny, as it were. There’s really no job that I’m aware of, where my employer isn’t making more money off of my efforts than I am, and that’s just not something that I can abide! Add on top of that the environmental and moral concerns that helped lead me to deciding that this type of business was something that I wanted to be a part of. There’s no question in my mind that I made the right decision, though there’s definitely some things I would have done differently I could start over again.
Anyway, thanks for taking the time to read my rambling thoughts! As always…good scavenging, good listing, and good sales to all.
P.S. Congrats on 401 episodes Jay and Ryanne, as I somehow managed to miss the 400 episode mark last week…
03/04/2019 at 9:29 am #58045Mark SParticipant
02/24/19 – 03/02/19
Items In Store: 2,783
Items Sold: 14
Cost of Items Sold: $50
Total Sales: $528
HIghest Price Sold: $100(Vintage Betty Crocker oven)
Average price $37.71
Money spent on new inventory: $210
Items listed: about 68
Gut sales report
Felt slow, but turned out ok.
Challenge of the week
This is actually a challenge for the year. I have been finding great shoes at a local thrift store. Problem is I have only been going there a couple times a month. So, my challenge is to go 3 times a week. So far, this has been great! I average 2-4 pair per visit. So far this year, 21 pairs for an average of about $40 per pair. So, if I keep this up, in 1 year from just this 1 source, I should get $16,000 worth of shoes. Also, I have been finding other great items also.
03/04/2019 at 9:34 am #58046Mark SParticipant
I forgot my scavenge of the week.
I found so many great items this week, but 1 really stands out in my mind. I found a vintage/antique fire fighters with a leather badge. But what really stands out for the helmet is that the plastic eye visor is still completely intact and working. Didn’t see any with that.
03/04/2019 at 10:16 am #58049ebaymomParticipant
- Location: Ohio
My Store Week Feb 24-March 2, 2019
Total Items in Store: 1064
Items Sold: 15
Gross Sales: $198.76
Cost of Items Sold: $20.36
Highest Price Sold: $30 (Necklace)
Average Price Sold: $13.25
Returns: 0 (several non payers)
Money Spent on New Inventory This Week: $15
Number of items listed this week: 14
Thank you for your podcast! Yes, I love selling “part time” on eBay to help pay for my mortgage, numerous extra-curricular activities and to maintain a richer lifestyle than we would be able to afford otherwise. It felt busy this week, but really just a ton of low dollar sales. I am motivated to move old inventory listed from when I was new to eBay so I took many really low dollar offers on not-so-exciting-to-me inventory.
You talked about wacky best offers – I have been having so many non payers and also someone with an extremely low-bid (I accepted – sales were so slow) he immediately just said “Sorry – I changed my mind.”… (another seller also, so he knows the game.) What do you do when someone immediately “changes their mind”… if you have free returns… I think it just makes sense to cancel, which I did.
Another interesting thing – I sold a piece of vintage jewelry and noticed the promoted listing fee was over 40%! WHAT? I had been playing around with promotions, ending some old ones and restarted, etc. and this sale must have been charged two promoted fees.. (the only way it could have been this high.. if the buyer had clicked on the old promotion within 30 days, and then on the new, and bought.. so I think I was charged twice…) Anyway, that completely sucked, so I will make sure that doesn’t happen again.
Hope everyone has a good week…
03/04/2019 at 10:51 am #58052
Items in Store 1056
Items Sold 19
Total Sales $577.00
Total Profit $519.00
Average profit $27.32
Average sales price $30.37
New Listings 11
Ebay has been taking a back seat the last couple weeks for me. I’m doing the bare minimum at home, and doing all my drafts during breaks and lunch at work. Family life is really busy right now, especially with new baby due in April.
Normally I wake up on Saturday mornings and work for 2-3 hours. Since January we’ve had basketball games at 8am every Saturday. Ugh….who thought it would be a good idea to have 5 year olds play basketball at 8am on a Saturday…
Anyways, this past weekend was the last of it so next weekend I should be able to go back to my old schedule.
03/04/2019 at 12:41 pm #58065
If you dont mind me asking, what happened with your kid who has the seizures? Maybe I missed the resolution?
03/04/2019 at 3:58 pm #58099
They don’t know what happened. The theory is that a virus lowered his seizure threshold. This is the second time he has has a neurological episode after a virus (the first time he was 3 and presented painful neuropathy in hands and feet). Hopefully he grows out of it. In the meantime we’ll keep living on edge waiting for the other shoe to drop just like we have since he was 3. Otherwise he is a perfectly healthy guy. We just hope it stays that way.
03/04/2019 at 11:28 am #58056DoublythumbsParticipant
- Location: Hopedale, OH
Feb 24 – Mar 2
Total Items in Store: 2074
Items Sold: 29
Total Sales : $681
* BELOW yearly average of $913
* BELOW 2018 total week sales of $873
Highest Price: $80 (New Floppy Disks Diskettes 100 Pack)
Average Price: $23
Cost of Goods Sold: $32
Costs of Goods Purchased this Week: $221
Number of New Items Listed this Week: 20
Another so-so week on my end. But again, I was sort of expecting that due to not putting a lot of effort into my eBay store. I had other goals last week including fixing a damaged ceiling, painting a wall, and doing some major organizing. Plus I wanted to spend my first week “unemployed” doing some relaxing, something I haven’t had much time to do these past couple of years. And I kind of forgot how to do that. But this week I’m hitting the ground running. I’m treating it like it’s my first day back to work and I’m super motivated. I already have a lot accomplished and it isn’t even noon yet.
I don’t remember if it was me who mentioned needing a career change, or if it was someone else echoing my feeling, but that was really the major driving point for my decision to quit my job. As tech support, I loved dealing with the technology but dealing with people was killing me. I found out that it just wasn’t part of my personality type to have that kind of patience. I needed a change, or at the very least a break. I can’t say for sure if eBay will be a permanent career for me or just a temporary bridge like you mentioned. But I will say it’s making me very happy and bringing my spirit back up.
Thanks for the tip about retirement funds, millionairedojo. It hadn’t even dawned on me that money put into a retirement fund could act as a tax break. Obviously now isn’t a good time for me to begin doing that since my future is a bit hazy and I might need all the money I can get. But definitely something to think about in a year or two.
03/04/2019 at 12:42 pm #58067
03/04/2019 at 11:42 am #58058SpartyQParticipant
- Location: St. Charles, IL
A slower week than the prior three but continued the basement rack building and diagrammed the floor plan for the basement storage. A work in progress but at least there’s a method to the madness now. Next goal is to get a bit more sleep this week. Spent a couple hundred dollars at a weekday auction and was up until 2AM sorting and cataloging – then up at 6:30AM to go to work.
My Store Week Feb 24-March 2, 2019
Total Items in Store: 610
Items Sold: 32
Gross Sales: $829
Cost of Items Sold: $48
Highest Price Sold: $70 – Two Items. An old Variable Autotransformer, still don’t know what it does but power tested it and it sold quickly. The other was a collectible 2 VHS box set from the movie Scream – went to a horror film fan in Australia via the GSP – picked that up at an estate sale for $2.
Average Price Sold: $25.90
Returns: 1 – Wool Hat returned for fit
Money Spent on New Inventory This Week: $240
Number of items listed this week: Approx 60
Scavenge of the week – Got a bunch of box lots from auction this week – one of which did not look like anything special. But after pulling things out, one after another appear to be great finds. Lots of Mid Century Modern and small easy to ship collectibles. I think the guy must have been a collector himself. Vintage light bulbs that surprisingly go for a fair amount – Mazda Christmas tree bulb replacements – small and large.
03/04/2019 at 11:53 am #58060bcfol440Participant
Looking forward to the podcast – I was laid off my salary job and have hustled ebay last 8 months while looking for FT job. My goal would be to have a full time resellers income but I have to do some rearranging of my store to get there. I was able to go from 500 items to 1300 items during this layoff period. HOWEVER…..
I am having a real come to Jesus this week – I also posted in “random thoughts” about my new listing goals.
I am doing a PURGE this week. I already have donation folks coming this week and next. I know some sellers don’t believe in purging, but I have limited storage space. I have had these very low dollar items for 2+ years. Frankly, I need to get more focused on what I am buying.
03/04/2019 at 12:46 pm #58069
I don’t know if we knew your story of coming to eBay after losing your job.
I saw your listing goals, but can I ask what your monthly expenses?
03/04/2019 at 12:49 pm #58071
We believe in purging (in the right way and for the right reason). Go purge away!
03/04/2019 at 1:01 pm #58074
03/04/2019 at 12:36 pm #58062
Here are my numbers for the week:
Total Items in Store: 2738
Items Sold: 38
Total Sales: $987
Cost of Items Sold: $120
Average Price Sold: $25.98
Average Cost of Item: $3.18
Highest Price Item Sold: $169.95 Roland TR-606 Drumatix Drum Machine TR606 – for parts/repair
Number of items listed this week: 47
YTD Sales: $7214
YTD sales compared to this time last year: -12%
Average age of items in store (in days since listing): 368
Average number of days between listing and selling this week: 223
Median age of sales (in days, between listing and selling): 146
Sell-through rate (for the week): 1.39%
I had a pretty decent week which ended with the sale mentioned above which was a lucky garage sale find. (It would have been worth $400+ if it had been working).
My sales would be quite a bit better if the weather would just cooperate. I think it has rained on almost every Saturday this year which has severely limited my garage sale buying. (I know that much of the country is dealing with snow but in our area, there are typical some yard sales all year round – except when it rains.
Regarding the retirement account discussion, it’s not too late to open a SEP IRA for 2018 contributions. The formula for the maximum contribution is confusing but I believe it comes out to be about 25% of your profit. The Solo 401K account has a higher max but it’s too late to open one of those for your 2018 taxes.
Have a great week!
03/04/2019 at 12:52 pm #58072
Two things I notice in your numbers:
–You dont list number of hats sold. What percentage of your inventory or sales are now hard goods you find at yard sales?
–Your time between listing and selling has grown. I find this completely normal, but have you gotten over being worried about holding into inventory? Most new sellers would freak out to hold items for an average of 8 months before selling.
Also when you first started, I sensed you were buying large lots of hats online and reselling. Now it sounds like you hit the garage sales on the San Francisco peninsula. Much different way of scavenging. Going from a fancy software engineer by day to scavenging into people’s juk by weekend! If true, are you enjoying the hunt?
03/04/2019 at 4:01 pm #58100
I replied to you Jay but I think word press ate my reply…
03/04/2019 at 5:33 pm #58105
Unfortunately nothing came through on our end. I always copy my comment before I send. Bugs.
03/06/2019 at 8:16 pm #58254
I’ll try another reply:
> You dont list number of hats sold. What percentage of your inventory or sales are now hard goods you find at yard sales?
Hat sales are consistently 45% – 65% of my sales so they make a good foundation even if they are very slow movers. Everything else I sell comes from yard sales and estate sales (mainly estate sales while the weather is bad).
> Your time between listing and selling has grown. I find this completely normal, but have you gotten over being worried about holding into inventory? Most new sellers would freak out to hold items for an average of 8 months before selling.
My week average sale seems to be around 150 – 250 days (5 – 8 months) this year. It gets longer as my inventory ages. The median sale is a better indicator 50 – 150 days. The bulk of my really old inventory is hats which doesn’t take much room.
> Also when you first started, I sensed you were buying large lots of hats online and reselling. Now it sounds like you hit the garage sales on the San Francisco peninsula. Much different way of scavenging. Going from a fancy software engineer by day to scavenging into people’s juk by weekend! If true, are you enjoying the hunt?
Almost all my hats come from bulk online purchases. Garage sales and estate sales are fun. Much more fun than my day job. (Although I was a software engineer in my earlier days, I’m a technical project manager now.)
03/06/2019 at 9:39 pm #58260
Not sure if I ever asked you, but do you work mates know you sell on eBay in a serious way? And scavenge at yard sales on weekends? Knowing the tech world, it’s just a funny juxtaposition (and very cool).
03/04/2019 at 12:40 pm #58064
One thing I meant to ask – Did anyone else notice that the Android eBay app has changed in the last week. Taking and uploading lots of photos in one go now seems much quicker however I seemed to have lost the ability to zoom in which is annoying. Is it just me?
03/04/2019 at 11:46 pm #58127
I have been taking photos with Android app and zooming in
03/04/2019 at 12:41 pm #58066Tiger289Participant
- Location: Oklahoma
Terapeak is not free. I was paying $143.76 for an annual subscription before the change. After the change, they are charging me $12.00 per month as a separate charge in my eBay fees.
03/04/2019 at 1:34 pm #58078
Yep, you;re right. Maybe we werent clear enough on the podcast. Terapeak has been a fee-based service, but now it’ll be free for anyone with a store subscription. If you dont have a store subscription, it’ll still be a monthly fee:
Starting in mid-March 2019, Terapeak, an eBay insights tool that uses supply, demand, and pricing data to help you determine what to sell, when to sell it, and at what price, will be free to Basic, Premium, Anchor, and Enterprise eBay Store subscribers.
In mid-March, eligible sellers will begin receiving email invitations to use Terapeak for free. Starter Store subscribers and non-Store sellers can subscribe to Terapeak on a monthly or yearly basis.
03/04/2019 at 2:05 pm #58084
This is really good news and something that I know all of us have been asking for.
03/04/2019 at 1:42 pm #58079
We got nailed today with a snow storm – first part of the AM i was digging out.
2/24/19 – 3/2/19
Total listings in store (beginning of week): 497
Items sold: 17
30 day sell through (rate): 15.05%
Gross Sales: $1244.22
Cost Paid for Items sold: $260.55
Shipping Cost: $345.39
Ebay Fee’s: 92.23
Paypal Fees: 43.81
Total Costs: 741.98
Net Profit: 502.24
Profit % Rev: 40%
03/04/2019 at 1:59 pm #58082
If Im reading correctly, each item you sold averaged $73 (17 items for $1244). What kind of items were you selling?
03/04/2019 at 2:03 pm #58083
Whoops. I now see that $1240 includes $345 of shipping costs.
03/04/2019 at 2:36 pm #58088
yes that is right Jay. Perhaps i will tweak how i show these to make them a little clearer.
My sale per item after backing out shipping was 52 dollars or something like that
My profit per item this week was $29.55 after shipping, ebay fees paypal fees etc…
Below is a list of what i sold this week with the sales price next to it. These numbers do not reflect whatever i charged (or did not charge) for shipping.
I will add that while at first glance the higher dollar per sale may look nice, there is a lot of running around to get it and my costs are a lot higher than your and other folks — so i am trying to continue to evolve to get to a little more of a happier place for me that can grow and expand to be consistent over the long haul. Some of my bigger sales are great and i will continue to go after them – but some of them are not as profitable when it comes down to it and maybe i was better off selling 10 records in the same amount of time that fit in my closet.
Either way i want to get net profit up.
Pro Series by KR Tools 53 Pc. Ratcheting Screwdriver and Power Bit Set 5
Pair of Bose Model 301 SERIES III 3 Direct Reflecting Stereo Speakers Black 288.54
Montreal 1976 Bronze & 1972 Olympics Necklace 7
VINTAGE MARCASITE LIZARD GECKO STERLING 925 PIN BROOCH 11.78
Antique The Boston Chandler Adjustable Industrial Cast Iron Metal Chair Base Leg 64
Antique Chandler The Boston Adjustable Cast Iron Industrial Table Legs PAT 1897 197.83
Heart Like a Wheel by Linda Ronstadt (CD, Jul-1996, Capitol) 6.99
The Last DJ CD by Tom Petty and the Heartbreakers 2002 Warner Bros. Enhanced CD 3.25
Nordic Track Pro Ski Flywheel Wheel Part Replacement Rope Handle panel screws 24.95
Panasonic DVD Home Theater Sound System SA-HT65 with Remote & Speakers 76.24
RadioShack Universal FM Transmitter – Universal – to car – Quantity available 12.95
Vintage Apple Macintosh 512K Model M0001W – Powers on untested – cosmetic issues 71.02
Rosetta Stone Hebrew level 1, 2, 3 Windows Mac Personal Edition CD-Rom 69
Frederick Elmiger 1958 Print in Art Deco Frame Western Native American Indian 6
325 + Collection of Vintage Cassette Tapes – Rap, Metal, Rock, Everything etc.. 85.86
Thriller by Michael Jackson 4.79
Harman Kardon CD191 Ultra-Wide Band Linear Phase Cassette Deck in Original Box 51.2
03/04/2019 at 5:29 pm #58104
Your method is definitely more accurate. We just dont add shipping as income even though we make a little more than we spend shipping.
03/04/2019 at 2:17 pm #58086
I’m also interested because it seems like @Geoff has a similar cost ratio to me… whereas, you R&J and many others have 10x+ ROI on your items. My goal is to be below 20% COGS, but like this week I was at 26%.
03/04/2019 at 8:27 pm #58116
@Geoff – I like the way you do your numbers because you can see your “net profit” number. I think I’m going to copy your format going forward.
For now though – this is what I have:
Week of 02/25-03/04
Total Items in Store: 506
Items Sold: 12
Gross Sales (not including shipping): Ebay: $419.48 Bonanza: 59.38
Cost of Items Sold: $87
Highest Price Sold: $85 (Ariat boots)
Average Price Sold: $39.90
Money Spent on New Inventory This Week: $70
Number of items listed this week: 28
Not awesome. Still allocating too much time sourcing. Going to cut back on that this coming week and spend that time getting my number of items listed up to 50. Goals. I haz em.
03/04/2019 at 2:57 pm #58092Kelly1mmParticipant
- Location: Maryland
Totals for the MONTH of February 2019. I am mainly a mens clothes seller, free shipping, free returns, 1% promoted listings, no best offer, good till cancelled.
Listings/items at end of month = 3632 / 4142 Total listed value $87,211
Items sold = 233 up 36% YOY
$ sold = $6248 up 57% YOY
ASP = $26.82 up 15% YOY
Monthly sell through rate 6.4% (wow that is REALLY low …….)
Postage = $1272.64 (20.4% of gross)
Ebay fees = $860.68 (12.8% of gross) (includes Promoted listing fees of 76 sales totaling $1816 ($18.84-8.33 credit = $10.51) 32.6% of items sold/ 29.1% of $ sold) and return labels
COGS = $612.21 (9.8% of gross)
Returns = $223.33 (3.7% of gross)
PP Fees = 247.98 (4.0% of gross)
Total operating expenses = $3226.84(51.7% of gross)
Total operating profit (my name for it – does not include expenses such as mileage, shipping supplies, depreciation, etc …) $3020.16
Armani Collezioni 2 Button Suit Tan Cotton Blend 40R 40 R 33W 30L Italy Made purchased for $6.99, sold 149.99
Vtg Austin Reed Mens Brown Houndstooth Plaid Wool Jacket Reversible Rain Coat purchased for $1.05 (99 cent tag day!) sold $199.99
The North Face TNF Mens Kassler Field Jacket Black Heather XL NWT $249 purchased for $71.25 (Retail Arbitrage Experiment) sold for $129.99
Sales breakdown by price range:
80-100 = 1
60-80 = 2
40-60 = 11
30-40 = 23
20-30 = 75
10-20 = 117
YTD Items Sold = 535 (+34% YOY
YTD Gross = $14,932 (+48% YOY)
YTD Net = $7,418
Love your topic and listening now! I am trying to build ebay into a ‘retirement’ business. My wife is planning to retire from teaching in June 2023 (she is counting down the days) and I still work a 2/3 time schedule (5 hours a week throughout the year, another 50 hours a week Dec-April). Ebay income is making it possible for us to rehab our retirement farmette without getting a loan. It is also going to fund a dual use shop/garage/ebay storage and processing building on the farmette.
Like many I started this back in 2015 thinking if I could make $100 a week that would be awesome! $1000 a month was dreaming! Now I should break 100k in sales with about 50k net all while working 2/3 time. I am seeing the flattening of my growth mainly due to listing time. With my present thrift shop clothing model and my time restraints 120k-140k will be my gross revenue limit.
Thanks again for all you do!
03/04/2019 at 3:19 pm #58096Steve ListParticipant
- Location: Richmond, Calif.
Haven’t had a chance to listen yet but plan to do so tonight while listing.
I keep hitting 1000 listings and then sales bump me down each time.
Numbers for February, 2019
Total Listings: 997
Had 74 Sales for a total of $1,867.80
Cost of Items Sold: $341.13
Highest Price Sold: $190 (lot of Marklin HO Train stuff)
Average Price Sold: $25.24 – Average Cost: $4.61
Spent on new inventory: $100
Number of items listed: 70
No returns, GSP: 1 Australia, 1 Austria, 2 Canada and 1 Israel
I had a mix-up in shipping and sent the wrong train track to a buyer, I haven’t done that in a year or so. I ended up issuing a full refund and letting the buyer keep the item since it was something he planned to buy anyway. It was only a $10-$12 item so no big deal but I’m still trying to figure out how I made the mix-up – probably because it was 2am in the morning and it had been a long day.
Otherwise, I had a great sale today for $252 which was a case of Burger King Toys that I picked up about 20 years ago and was very happy to see go.
03/04/2019 at 4:35 pm #58101ChristineRParticipant
- Location: Southern California
Total Items in Store: 273 Ebay, 40 Mercari (deactivated half of the week)
Items Sold: 7 Ebay, 0 Mercari
Gross Sales: $275
Cost of Items Sold: $57
Highest Price Sold: $60 (Set of Dansk salad plates, paid 5.99 GW)
Average Price Sold: $39
Money Spent on New Inventory This Week: $20 on two new items
Number of items listed this week: 0
Grateful for the sales, as I have been tied up and not listing for weeks. Most sales were part of my dwindling RA inventory. I’m very grateful for Ebay reselling. It started out as “extra” money that I initially plowed into RA inventory, but I use it to pay for expenses and quarterlies now.
Kinda tempted to clean house quite a bit when I can return to listing. I need to go back and clean up some shipping choices. I did already take off free shipping except under 8 ounces before the new rates took effect but I have some parcel select, smartpost, and whatnot to remove. I had overnight as well as the last option in case it helped with Guaranteed Delivery ranking but I really don’t think it did. I paid over a thousand in free (mostly first class) shipping last year. That’s a lot compared to my profit. Unfortunately hard to tell if I would have sold those items anyway but probably since my RA stuff is discontinued and my vintage items don’t usually have a ton of competition. As a buyer I do like my free shipping. As a seller I’m not comfortable contributing over like three bucks since I’ve got best offer on everything.
Regarding the Ebay preliminary spring update, I hope it is not a matter of good news, followed by the bad news (fee increases). Maybe so if that letter from the activist investor was just a kick in the butt and they are trying to control platform leakage by appealing to sellers and fixing things. I guess we will find out soon. I’m very happy and not at all surprised that they are not going forward with the product pages into my categories of new and used items. If they are going to bury my stuff I want it to be the old fashioned best match way, LOL. Also I’m looking for lazy convenience buyers coming from Pinterest who don’t comparison shop. It looks like they are getting Google to recognize them based on item specifics without requiring a product page for everything, so yeah! for that. Maybe they just hired some more competent tech people. After being exposed to Mercari listing, I also like simplification regarding the length of GTC listings. Hopefully more listing simplification will follow! Have a great week!
03/04/2019 at 4:45 pm #58102MoCoyotesParticipant
- Location: St. Louis
Total Items in Store: 2700
Items Sold: 32
Cost of Items Sold: $35
Total Sales: $1405
Highest Price Sold: $142 (Vtg Hiking Boots, pair $3 for them)
Average Price Sold: $43.90
Money Spent on New Inventory This Week: $50.50
Number of items listed this week: 30
Another week of barely listing. However I think I’m pretty well finished with my carpentry gig so hoping to list all week.
03/04/2019 at 6:48 pm #58108
That’s a nice week, must feel good pulling in 1400 in sales while doing your gig.
03/04/2019 at 5:46 pm #58106totommytoParticipant
- Location: Naples, Fl
Hello all, just chugging along for now, and looking forward to a long awaited flea market trip tomorrow. This was an especially good Podcast for me to listen to. Working the regular job happily yet frustrated from time to time that I cannot put everything into e-selling. And that is OK!
The big question is what do I do with my time away from the regular job? That would also be a reflection on what I would do with my time if I owned all of it.
The Tragicomedy of working a happy job while imagining the potentially happier self employment situation.
It is just a comedy until I beef my numbers up consistently. It is only then that I will get my shot at the tragedy part!
2/24 – 3/2/19
eBay store totommyto
Total store items: 576
Number of items sold: 12
Total eBay sales (not counting s/h): $324.25
Cost of items sold: $19.50
Consignment payouts $15
Highest price sold: $75 – lot of 4 vintage Barbie doll clones (paid $8)
Average price sold: $27
Money spent on new inventory: 0
Number of new items listed this week: 1
Sell through rate for the week: 2.0
Etsy store oldfleatoymarket
Total store items: 616
Number of items sold: 6
Total Etsy sales ( not counting s/h): $109.35
Cost of items sold: $6
Consignment payouts: 0
Highest price sold: $28.35 – Vintage board game (paid $3)
Average price sold: $18.22
Money spent on new inventory: 0
Number of new items listed this week: 0
Sell through rate for the week: 1.0
- This reply was modified 2 years, 9 months ago by totommyto. Reason: left out a couple of items
03/04/2019 at 7:25 pm #58112Marshal_GParticipant
- Location: Bellingham, WA
Shipping on Posh is a flat fee. Notice how in your listings it never asks you for the weight of an item, nor the dimensions of the package. You can use any Priority box from USPS – including flat rate boxes, regional rate boxes, or regular by weight boxes, or even your own plain box. You just can’t use the white/blue express boxes. That policy has evolved over time and the Posh FAQ’s are very outdated. There was a lot of push back from local post offices about what boxes are allowed but if you’ll notice right on the label itself it has a note to the local postmaster to see postal bulletin 22435 which I have not personally read. Also, in the email from Posh that has the label as an attachment, it clearly says if your package/bundle is more than 5 pounds than you (the seller) have to purchase a postage upgrade, which thankfully I’ve never had to do. Some sellers (including a very popular social media “influencer” allegedly) got into trouble shipping mystery “reseller boxes” crammed full of jeans or whatever and evidently went over the 5 lb rule often enough that it got noticed. But that’s just a rumor, and you didn’t hear it from me.
03/04/2019 at 8:26 pm #58115Jean JanglesParticipant
- Location: Queensland Australia
this is one of those episodes a newcomer would be able to switch on and take everything in. I shared it with a few of my friends that are trying to get started with eBay, i’m sure it will help them.
My Store Week Feb 24-March 2, 2019
Total Items in Store: 1677
Items Sold: 16
Gross Sales: $740.52 AUD
Cost of Items Sold: $8
Highest Price Sold: $150 same as last week – washing machine pcb
Average Price Sold: $49.12
Money Spent on New Inventory This Week: $0
Number of items listed this week: around 60 – 70
the cost of my items sold is only $8 because i mainly sold appliance parts which I get for free, I haven’t factored in fuel or time testing / taking them apart.
Last week I had around 50 – 60 listings ebay wanted me to match with a product identifier and today, I have 1… something is happening behind the ebay curtains..
03/05/2019 at 9:04 am #58143
I always assume that we’re too dense and “inside baseball” for most new people to listen. Always fun to hear how people stumble on us.
03/04/2019 at 9:31 pm #58123
Ugh. I wrote up my comments and numbers, and then pressed Submit. Between the time I opened the window to the time that I pressed the button, my account was logged out, and I lost the whole writeup! Not a glitch, but I do wish that I didn’t have to log in so often. Oh well, here it goes again:
Podcast comment: I have been able to edit certain columns in Seller Hub for several weeks, maybe a month or more. I didn’t realize that I was part of an early rollout. The columns that can be edited are custom label, current price, and available quantity. Ryanne said that she would like to edit the title, but, unless eBay hasn’t rolled out the whole thing to me, that column still has to be edited in the listing.
Week of Feb 24 – Mar 2
* Total Items in Store: 1345 eBay, 3 Mercari, 3 Etsy
* Items Sold: 14 eBay
* Cost of Items Sold: $27.36 + $0 Commission
* Total Sales: $326.85
* Highest Price Sold: $60 Vintage IBM Wheelwriter 1500 typewriter partially working
* Average Price Sold: $23.35
* Returns: 0
* Money Spent on New Inventory This Week: $119.86
* Number of items listed this week: 5
Things to do list: Took new photos of 6 older items, removed some items with chips or hairline cracks
This past week was a MaxSold online auction extravaganza. I had one pickup on Friday and two on Saturday, and I have one for tomorrow. The auction for the Friday pickup had a number of upscale items, and I was outbid on all but one. I was annoyed that I had to drive over an hour to North NJ for not such a great win, so I found two thrift stores in the area. The first was a bust. However, I did better at the second. I purchased several hand-thrown pottery plates and bowls for my parents’ set and a NWT vintage coat that should go for well over $100. After that, I felt better about my drive.
This week will be live auctions. I’m actually aware of four going on, but I only plan to go to two.
03/05/2019 at 9:04 am #58142
Feel free to email us offlist. We stay logged in for several weeks at a time. The forum shouldnt be kicking you off within an hour unless you have some stringent privacy setting.
03/05/2019 at 10:59 am #58150
I figured out that logging in from different computers or web browsers often results in me needing to log in again. It is annoying, but a good security feature to have.
Ebay does the same thing now when I switch from using the website on phone to pc and back again.
03/04/2019 at 9:50 pm #58124simplicioParticipant
Hi guys, hope you’re having a good week! I’m on another 3-day business trip to the middle of nowhere, in my hotel room.
Had a so-so week on eBay. Been a while since my last home run.
Sales: CAD$669, 7 items
COGS: $45 –> Gross profit: $518
Expenditures: $369 –> Cashflow: $194
Hours: 6, $2/hr after tax
Notable sales: 10 fridge water filters, $24–>$300.
Notable scavenging: bought a huge lot of chemical testing kits as an experiment for $150. Got them home and realized, it’s a failed experiment. I should make a little money, maybe double, but it wasn’t worth it at all.
I like the update to the condition possibilities with new open box/missing box. That is legit helpful to me, a lot of my business & industrial stuff is NOB or no box.
03/04/2019 at 10:03 pm #58125simplicioParticipant
Sorry to hear about your coffee maker parts. I don’t think it goes with the territory selling parts (perhaps used parts?). Probably just bad luck with your particular coffee maker. I sell all manner of parts all day long and the return rate is typically extremely low.
03/05/2019 at 7:29 am #58129
I have found myself getting more frustrated with my job lately because I just want to sell full time. I had to give myself a reality check and remind myself that my jobs isn’t so bad. I work from home full-time, I can ask off work whenever I need to… I still want to go full time, but am going to try to enjoy my job until I can make the leap. I did ask for a raise last week though and think I might get one! 🙂
Here’s my “what sells on eBay” post for the month of February.
I’m also starting a Facebook group where I’ll have a couple of weekly eBay threads if anyone is interested in joining. The two threads I’m going to run for now are best finds of the week and best sales of the week. Would love for you guys to share what you’re finding and what you’re selling.
03/05/2019 at 9:09 am #58144
Do you plan to turn your website into a business? https://millionairedojo.com/
I know its popular these days in the personal finance world to build up a website for passive income. I’ve always wondered how those numbers work with classes, books, affiliate links, etc. What kinf of traffic do you need to make money?
I see you have a “best credit cards” section. Are you “Curtis Arnold”, or does he just give you a split of profits if someone signs up?
03/05/2019 at 2:30 pm #58174
I plan to start making something from the website eventually. It’s hard to stand out in the overcrowded world of personal finance bloggers, so I’m hoping my mixture of eBay and money content helps me carve out a unique niche.
I haven’t had any signups from any affiliate links yet so I haven’t made a dollar from almost a year of blogging. It’s definitely a long-tail way to make money. I’m hoping to build up an awesome community like you have here on this website over the years and eventually be able to make some money through affiliate links to only products that I approve of. I don’t plan on creating any courses, so my strategy to monetize will only be with affiliate links and advertising.
I am not Curtis lol. Took me a minute to find what you were talking about. that is a cardratings.com page and I don’t have control of what they put in the side bar. I get a commission if people sign up for the credit cards on that page and the one at the top is one of the best offers out there right now. Curtis is just an editor for cardratings I guess.
I try to give sound advice on money on my blog and tell people I do not run balances on credit cards ever. I pay them off in full monthly and encourage people to do the same. With that being said, credit cards have great rewards that you can get by spending money on things you’re going to buy anyways.
As far as numbers, you’re probably going to need tens of thousands of monthly visitors to make substantial money from affiliate links. Having your own product is the most lucrative way to make money from a blog but I don’t feel like taking the time to create a course or product. I’d just like to give out free information and possibly make some money from people signing up for things like Personal Capital which is a free investment tracker.
There is an advertising company called MediaVine that you can signup for once you’re getting 25,000 sessions a month. They supposedly pay a lot more than google ads. You guys might might be able to get a substantial raise on this website if you were to switch to them.
As the name suggests, I just started my blog to see if I could hit a million dollar net worth as an average Joe. I think I’ll be able to hit a million dollars in my 40’s if I never get a raise and I’m only making about $50k a year. I just want to see what happens and show people they can do what I’m doing. I’m going to blog until I’m a millionaire so I should have some kind of success with the blog by that time 🙂
03/06/2019 at 9:13 am #58216
Makes sense. The personal finance blogging world is incredibly crowded these days. Probably didn’t help when Mr Money Mustache divulged that he makes $500k a year just off credit card referrals. All those sites have become like the recipe blogs where its just full of ads and referral links.
It would be so awesome to make thousands per month passively. We found that even with this active community, you just need an incredible huge audience to make any money. Plus I find a lot of sites become more focused on creating content for ad/referral clicks than sharing authentic experiences. Anytime a company approaches us about advertising on SL, it always starts friendly then then very invasive because of how many mentions and space they demand.
I love the idea of you keeping the blog going till your 40, documenting how you saved up a million dollars. That’s a real story! It’s not glamorous but real life. That’s the fun of blogging as I remember it when it all started in the early 2000’s. No one thought about making money documenting their life or sharing a story. In 20 years, the story you document will be priceless. Those ad soaked sites will be gone. You’ll be a real person with a real history that someone can learn from.
03/06/2019 at 10:13 pm #58264
Yeah what’s even worse are the blogs out there with income reports of over $100,000 a month with affiliate links in the posts to start your own blog. They don’t mention the 1,000’s of hours it will take to get to that level and the team of freelancers they have working for them behind the scenes.
MMM probably only had about 5 other bloggers to compete with on early retirement when he started so that helps. I will say that I’ve read all his articles and he does seem like he genuinely started the site with no expectation of earning money. He’d be crazy not to through up some affiliate links when he’s getting millions of views every month.
03/06/2019 at 10:50 pm #58267
Agreed. Pete seems super genuine and helped start the whole trend of early retirement as a real option. He rarely blogs these days but was smart enough to build up a community.
I honestly don’t understand how people make that much money per month with paid links. Do people actually click on ads? I also wonder what people do with that much money. $100k a month? I could buy my entire downtown.
- This reply was modified 2 years, 9 months ago by Jay.
03/07/2019 at 8:31 am #58282
Most of them are making money by selling courses. There’s one website called making sense of cents and she has a course just for affiliate marketing. I think she was making $10-20k a month through just affiliate links and advertising and then she made her own course and the flood gates were opened! I honestly don’t know what she does with all the money. I think her and her husband bought a sail boat and are living on it full time now. They were living in an RV.
You guys would probably be multi millionaires by this point if you had put all your eBay knowledge in a course and charged for the information. Like you’ve said in the past, enough is enough when it comes to money and you’ve helped a ton of people by just talking about what you’re doing each week. I don’t think you would have this kind of community if you were selling courses.
03/05/2019 at 8:08 am #58130
Ah yes, the age old “My job is not quite annoying enough to quit” thing.
I have a love/hate relationship with my day job. Some days I enjoy what I do. Most days I am annoyed with the bureaucracy and poor management.
Am I well paid for what I do? Yes. Do I want more money? Absolutely!
I got a raise in January and I’ll be getting another later this month. I make enough money that it would be a major stretch to replace all of my income/benefits with ebay. If I was making T-satt money I think I could make it work, but I do not have the buy-in from my family that would be required to run that kind of business yet.
A few weeks ago I was reaching a boiling point and had conversations with a friend/former co-worker about doing contract work for his company. I didn’t like what he had to offer and things cooled off at work, so I’m back to my holding pattern for now.
In the mean time, I am in full F-U money mode at work. I do my work and I do it well. At the same time, I am comfortable telling my boss exactly how I feel about anything. He knows that if I left then all of my work would fall to him. He grants me a lot of leeway when it comes to my family. I am allowed to work from home when I need to if my family is sick or my wife needs help due to her pregnancy.
I have have flex time and can start work anywhere from 7-8. My boss has pretty much let me do whatever I want to do since I’ve been here.
I work my 40 hours and I go home and “leave it at work”. I’m not on call I generally do not think about work once I leave for the day.
So the reality ofmy situation is that I have it pretty darn good at work. It is soul sucking, but I couldn’t ask for a better situation for a day job I think. That’s why I’m still here.
03/05/2019 at 9:00 am #58139
@Retro – This. Nice description of the ambivalence of “my job is not quite annoying enough to quit”. I felt more than a little guilty about being dissatisfied with what was arguably a great job. What finally tipped the scales for me was the dread I was beginning to feel every time I had an upcoming shift. That said, I’m 63 and if I don’t live my best life now, when? So I pulled the trigger.
I’m a month in and am loving it, but I find that there is a downside – the dread of going in to work has been replaced with worry about making sales. Not “keep you up at night worry” but on an ongoing low level anxiety. So there’s that.
03/05/2019 at 9:58 am #58146almastyParticipant
F/t is rooougggghhhh. I’ve been consistenly at 1.3-1.5k gross for the past 2 weeks for both ebay stores & etsy, but that has been due to my winter listing binge. Now that it’s almost spring, a lot of that time will be devoted to sourcing (I have been doing a lot of that as well this winter, but nowhere near the amount I will do over the next 9 months).
As a part-timer, you just list when you have time. As a full-timer, you are constantly changing your processes in order to wring out the most effective use of your time. I am seriosusly tired, and I will be spending all day today working on changing things up again today.
03/05/2019 at 11:12 am #58152TerriParticipant
I could be wrong (it’s happened once or twice), but I don’t think Terapeak gives several years of individual sold listings data like Worthpoint does. I think it’s more general data and trends.
03/05/2019 at 11:15 am #58155
Huh, I must admit I dont know anything about Terrpeak. I thought when we looked at it five years ago, you could search sold listings going back 5 years.
Maybe this has changed?
It does says: “Access years of actual global sales data”
03/06/2019 at 6:13 pm #58250
Terrapeak was only one back when we tried it and then Worthpoint picked up at the 2nd year mark and goes way back.
Even if items on Worthpoint are “old” as you say Jay, then forget the prices, one our type of unusual, older items we find tons of key words, who manufactured items, who importers are, tons of stuf about Murano, Roseville, Hull pottery, the Gillesville jugs. Between Worthpoint and Kovels you get an education about the stuff we sell. Then to know historical prices is just gravy.
Terrapeak, had lots of graphs showing the trending items, key word searches, price fluctuation charts but always seemed to us to be targeted at the currently manufactured items and their trends.
03/06/2019 at 7:38 pm #58252
Mike: I’ve got a question about a Murano piece. While I was handling it (photographing) the red & gold foil sticker fell off. Can I glue it back on? Is this kosher with a high end art glass piece? And if so – what kind of glue would you use? Elmers? Thanks!
03/07/2019 at 8:11 am #58280
Hi TSG: We do get labels about to fall off or partially folded back at times. We use the thin version of super glue combined with either the tip of a toothpick, on of our metal dental tools or Exacto blades both a no. 7 and 11 blade shapes.
How we do it is if the label is just slightly folded back, we squirk one drop of the thin superglue out on a piece of paer, use the toothpick tip, dip it into the drop to get just the smallest dap of glue on the tip, then apply it in several dots on the folded back label inside, then take a #7 Exacto blade [in it’s handle] and fold the loose label pice back over and into place.
If the whole label is off we start the same, but with maybe 2 drops of the thin SG and use the #7 blade to pick up a wider bead of glue and then spread it on the back of the label, using the blade tip like a painting pallette knife. This spreads the glue in a thinnest of thin layer. Then using stamp thongs we pick up the label, and place back into position, trying to match the area where it originally was.
The reason we use Super Glue is that it’s chemical compound will stick to almost any surface, especially glass, ceramics, wood, plastics, resins, cloth, etc., etc. whereas the polymer based glues like elmers does not in most cases.
Hope this helps..
Mike at MDC Concepts, Inc – MDC Galleries and Fine Art in Atl.
03/09/2019 at 6:54 pm #58379
Thanks Mike! I glued it back on with craft glue (it’s all I had) and that seemed to do the trick. I listed it and within 24 hours it was sold. I know I said high end, but that’s a relative term right? (Anything over $100 is high end to me.) I’m sure in your world, pretty small potatoes!
03/10/2019 at 6:15 am #58386
That’s a nice Murano Tree art glass piece. Decal looks good. Many times they are not complete, torn in half or heavily scratched up. Good pricing on it.And good pricing. Without the small flaws you point out they show about $195 to $225. So at $169 and you can also take a reasonable offer and you are still in a good pricing range.
But as we all know, the profit is in the buying.
BTW: We don’t have a lot of very expensive items listed. Our avg. selling range is like many SL members, in the $40 to $50 range mostly +/-. A $169 item is no small potatoes. That will be a good sale if the purchase price was right.
Glass pieces are slow to move, even if it is a Murano, Fenton, Royal Doulton, Waterford, etc. so just wait it out. But colored glass and embedded glass will move. Clear glass is the slowest. Not in fashion much any more. I told Susan she may be shot if she raises her hand at auction on anymore clear glass!!! even if she says “It’s Cute!” LOL 🙂
mike at MDC Galleries and Fine Art.
03/10/2019 at 7:48 am #58388
In high school ceramics class, I had made a hand sculpture. An idiot in class broke a finger off of it. The teacher told me to use Elmer’s glue to put it back on. I thought she had went bonkers – there was no way cheap Elmer’s glue was going to work.
Well 20 years later that finger is still on there and has survived a lot of moves.
03/10/2019 at 9:28 am #58391
Yes Retro: Elmer’s is a poly vinyl and does bond well in certain cases. I use Elmer’s Professional Super Bond wood glue on all my stretcher bars I make for paintings [mitered corners] and for the outer frames as well. The thicker viscosity of the polyvinyl products does well to fill in the gaps and spaces on porus materials, like the end grain in wood. I use a cyanoacrylate based product [i.e. the thicker gel and thinner types on “super Glues”] on the more non-porus surfaces depending on if there are wide gaps or not.
Here is a rough guide to go by:
Super glue (cyanoacrylate) is very strong on surfaces whose chemistry and structure don’t lend themselves to other glues—plastics, glass and metals are frequently bonded by cyanoacrylate.
White glue and wood glue aren’t inherently different: they are both polyvinyl-acetate. Some manufacturers tweak their PVA to have different traits—some dry faster or slower, are sandable, or have yellow dye. (The wood glue we use in the art studio is mostly the pro wood glue which has a little dye in it and is slightly yellow) (Note that Elmer’s School Glue is not a PVA based glue.)
I sort of think this way:
* If the product is wood, a glue labeled as being for wood will be strongest
* If the product is subject to peel or vibration/shock, cyanoacrylate is not the way to go unless it’s chemically toughened. The Super glues “cure” brittle. More crystalline and thus can break apart as they age. The PVA based stay more flexible [rubbery] and retain their bonding. So Yep, your school project’s ceramic pieces probably had some porosity at both ends and the PVA base glue did well to seep into those cracks and crevices and “ooze-bond” them together.
* If gluing plastic or metal, go with cyanoacrylate (or acrylic, or epoxy)
* If the gap is larger than 0.3mm, don’t use thin runny cyanoacrylate. PVA/epoxy/thickened cyanoacrylate [GEL Super Glue] would be better.
* For glass, don’t use cyanoacrylate unless it’s specifically formulated for glass. Silicone is best, but acrylic, epoxy, rubber cement, and construction adhesive will all bond. Rubber cement being my art school go to. Put t on one surface wet and it is peelable later. Put two coats [one on each surface] and blow dry, then when the two surfaces are put together they form a permanent bond. Holds much better. The old school technique used to install formica laminate counter tops.
The lacquer based rubber cement products though are strong but the fumes are pretty tough, they also make a water based product but not as good.
Just some art school thoughts on the glues we use, why and when.
Glad your art project has survived this long. Cool.
Mike at MDCGFA
03/06/2019 at 9:37 pm #58259
Very good point. Even if older records may not still be price relevant, they will have great keyword and historical data. Didnt think of this.
03/07/2019 at 8:01 am #58279
It is part of how we train our two helpers. They laern more and faster than by asking us questions and waiting for answers. Also they can then croos search Wiki for definitions of terms they don’t know. Remeber our discussion of Kaolin clay and the original origins and now where all it is found? Well that information was added to our helpers knowledge base and Worthpoint combined with Wiki is a great teacher as long as too much time isn’t lost.
Besides, it frees Susan and I up to do other things rather than explain details about objects, trends, materials, etc. One of our helpers on her own did a quick research the other day when we were out of the office. She did a quick look at Worthpoint to find a glass piece. When we got home she informed us that she never knew the difference between press glass, moulded, glass, crystal and what a pontile mark was. Yes Wiki gave her all the details, she started the research by seeing pontile in one Worthpoint listing and moulded glass in another Worthpoint listing. That was what started her search. After that she already had her keywords found and put into the listing without asking us. Artist made, hand made and blown,made by artisan – craftsman vs. factory made, mould seamed, depression glass, hallmarked IG [Indiana Glass Co.], etc.
Worthpoint can be a combination of keyword finder, description maker, knowledge of object or subject provider and of course prices and price comparisons. You can tell fairly quickly which color of Fiesta water pitchers have more value than other colors. Then when you go to auction you know which ones to bid on. We take our helpers to auctions with us occassionaly and they see that knowledge in action. Lisa went with us last Saturday night and we asked her during preview which milk glass pieces had a value. She nailed the Indiana Glass ones right away, then said uggh, the others she wouldn’t buy. She was spot on and that is some of the things Worthpoint listings can help you with.
We were grand fathered in at $14.99 per month.
Also Worthpoint has a hallmark directory and research identification guide with the upper level subscriptions just like Kovels does.
Here is one for you.. if you find a Roseville vase that has the name in the bottom what does it tell you if the Roseville name is done in raised letters [embossed] or pressed in letters [debossed]. Well, you can find the answer in several Worthpoint listings, in a Kovels annual published guide and on Wiki. But would you know to look that up and or use what you find in either your title, item specifics or description area or all of those?
Kovels has been the go to reference books, published annually for half a century. We have seen dealers who had 25 years worth of Kovels guide on the office book shelves behind them. We now have an online subscription and use the built in search function.
It is just like those dealers that buy and sell Baseball cards, most of them subscribe to the Beckett’s Guide or if you sell stamps, a subscription to the Scott’s catalog. Look those up. Most pro sellers use them all the time for the current market prices and for what to pay and especially for things that need grading. Being in the printing business for over 40 years combined with my art background I can grade stamps and sports cards very well.
So these subscription databases are not only for pricing but for knowledge, identification and listing building. I think of them as professional tools for the professional seller.
Just another… HHhhmmm moment!
Mike Collins at MDC Concepts, Inc. – MDC Galleries and Fine Art in Atlanta, GA.
03/07/2019 at 8:13 am #58281
OK, Mike, I’m going to do this without looking anything up. If the Roseville mark is embossed, it’s real. If it is debossed, it’s a fake/reproduction. Is that correct, or do I have that mixed up?
I don’t run into Roseville very often, but I recall reading about it.
03/07/2019 at 8:59 am #58283
Howdy Sharyn: Good try. As Willy Wonka said, “no, reverse that”. Going back a long way on my memeory and that research but “debossed” [pressed into it is the real 1930’s artisan Guild made Roseville pieces made at the original factory by at the time, the guild cratfsman working in the various studios from original moulds.
The thinking if I recall was this, in order to create a debossed image into the clay the mould had to have a “raised” [male] image and be created in a “reverse mirror image”, so that the final pice would come out of the mould correct reading. The raised image reproductions were created by actually debossed the MOULD, just like using a branding iron down into the mould and where the piece was poured the logo came out correct reading but raised. The process of creating the original logo was more time consuming and many of those moulds got destroyed through the years either by contract with the artisan or by trying to limit re-releasing a ceratin design. Also many of the Guild Artist reated their own glaze formulas and those colors and formulas either went with the cratfsman when they left or have been lost.
The raised letter ones were easier to create for reproduction purposes and you will find, wide swings in the colors of the glaze. Also raised letter ones may not be fake as much as reproductions or re-runs of original designs. Those wrong, reading raised letters down inside the moulds also were damaged or broke off eaisly and insome cases were re-worked by having the “negative space” [debossed letters in the bottom by inserting a thing layer of material into the bottom of the original mould to build it up some the new version of the wrong reading debossed logo could be inserted back into the bottom of the mould.
So another way to tell the original production runs from the later altered ones is in the height when you compare them.
But all of this is from reading research from long ago and not sure if I am spot on or not.
I think I brought this up in a SL Episode, maybe 105?? And it was a question to Jay about having two, supposedly identical Roseville vases but they varied drastically in color though of the same shape and design. I asked should I list as 2 available, or two separate listing at the same time.
Jays answer was list and sell one at a time. Wait until one sold, then re-do the listing and just insert the new photos of the darker off color one. He also said to make sure I mentioned they both were “reproductions” in the listing. But that goes back years ago. So all of this may be a little fuzzy.
The smaller Roseville, Hull, and McCoys don’t go for much anymore, but the larger 8 to 10″ and up do sell. Think we sold a large 12″ jardiniere a year or so ago for about $250 that we got for $40 [with a small chip on the bottom base rim]. But most sell for about $40 or so,
What we love about the Roseville colors [glazes] is there beautiful matte, satin finish. Smooth as a baby’s bottom but with a slight shine to it and all very muted tones. Unlike the Wedgwood pices of the totally dull, matte finish with an almost gritty, textured feel to the pice.
I would rather hunt art objects like these than blue jeans and clothes any day of the week. Clothes and Jeans you wear them to see them, or put them away in a closet or drawer. Art objects can be displayed like sculpture and seen everyday you walk past them in your room[s}. Visitors see them, they start conversations about them and how you got them. No blue jeans i ever wore got that type of notice.
Sorry clothes, sellers. No offense meant.
Mike at MDC Galleries and Fine Art in Atlanta
03/10/2019 at 7:53 am #58389
“Where did you get that” conversations are why people wear unique clothing.
It is actually incredibly common.
03/07/2019 at 9:39 am #58285
Hi again Sharyn:
Here is very good article about Roseville and some good color photos. Worth taking a look. It is short but still brings back some of the reasons we really like to look at Roseville. Just too bad the chinese have ruined almost every market for American – Made in America items.
Jay is not a big fan of, as he calls it “Chinese Crap” [CC] as he has mentioned numerous times before, Tin Junk, etc. LOL 🙂
We have more fun with Roseville than Fenton most of the time.
mike at MDCGFA
03/07/2019 at 9:55 am #58286
Thanks Mike – I remember that I read up on Roseville, but my memory for details is getting worse as I get older. I’m not anywhere near your age (as you’ve posted before), and I’ll probably not be able to remember my name at that point.
Anyway, Roseville seems to be bid up at all the auctions I go to even if they aren’t that big or interesting. I guess people either collect or just buy and see what the value is later.
I’ll check out the link when I get back from an auction today. Watch me bring back some Roseville! (probably not)
03/05/2019 at 5:43 pm #58189antarestarParticipant
- Location: Maine
Active listings – 540
Sold items – 88
Gross sales – $2,036
COGS – technically $330 but $200 of that was personal stuff so really it was more like $130 out of pocket.
Highest priced sold – a stained and slightly faded denim Ralph Lauren Comforter. Apparently these are really popular if you have one with the flag logo. Sold for $149 (plus shipping) – cost me $5.
- This reply was modified 2 years, 9 months ago by antarestar.
03/05/2019 at 8:34 pm #58197SilverFoxFindsParticipant
- Location: Virginia Beach
# of items sold dipped hard this week, ugh.
02/24/18 – 03/02/18
Total Items In Store: 1069
Items Sold: 16
Net Sales (Total Sales – Selling Costs): $347.74
Highest Price Sold: $70 Haflinger Grizzly Torben Wool Clog Slippers
Average Price Sold: $21.73
Cost of Items Sold: $77.96T
Money Spent on New Inventory This Week: $27.75
Number of Items listed this week: few, was in work training and traveling much of the week.
I’ve spent some time with eBay selling FT, but have mostly moved it to PT while pursuing some other interests and a few other income streams. Variety suits me.
Did a bunch of sourcing over the weekend while visiting my Mom out of town (not reflected in last week’s #s). Lots of textiles, and even more shoes, despite them being a slower seller for me – can’t help myself when the brand/condition is right.
03/06/2019 at 9:30 pm #58257ManateejaqParticipant
Feb 24 – Mar 2 2019
Total items in store: Etsy 424 // Ebay 528
Items Sold: Etsy 13 // Ebay 22
Cost of items Sold: Etsy $49.72 // Ebay $59.08
Total Sales: Etsy $214.05 // Ebay $267.79 ((Total = $481.84))
Highest Price Sold: $60 What is a Color book by Alice and Martin Provensen
Average Price Sold: $13.76
Number of items listed this week: 11 (at $192)
I went to visit my parents the weekend of Feb 23-24 and a blizzard closed the I-35 highway and all other major roads to get home on Sunday and all day Monday. Couldn’t get home until Tuesday.
I haven’t posted my numbers here for about a year, but I’m still going. 🙂 January marked my third year of going full time. I say full time but honestly it is probably a part time thing – I take care of a lot of household things for our family. I still work at it to try and make it more successful every month though. I saw a downturn compared to last year starting in October of 2018 and have not quite recovered yet. This March I am setting a goal of listing $4K worth of inventory. My average last year was about $2.5K/month of inventory listed. Hopefully listing more = selling more!
I would really like to make enough money to pay off a car loan and a loan we took out to do some major work on our basement.
03/06/2019 at 9:56 pm #58261
Glad to see your still at it. Nothing wrong with just cranking along. Our sales definitely go up and down over the years based on how committed/excited we are about scavenging. But we’re always making money.
We also saw a drop in sales starting this Fall. I imagine it’ll bounce back.
03/06/2019 at 10:02 pm #58262ManateejaqParticipant
Thanks for the reply Jay. 🙂 Much appreciated, all the best to you.
03/06/2019 at 10:11 pm #58263
Great podcast as usual. I am not quitting my day job for sure. As an artist I have a lot of free time which allows me to do ebay on the side. Someone must have turned my store to max overdrive lately as sales have been coming in. $400 on 7 orders yesterday with 295 listed.
As an FYI if you are not aware Terapeak has been rolled out to all with stores. You can check out the Terapeak website and log in with your ebay credentials. It looks pretty cool and might even help a good deal with some sourcing from within ebay itself with the inventory ideas tab.
Lasty I have a question. I have downloaded all of the previous episodes of the podcast all 300+. There has got to be a better way of listening to them on my phone as they are mixed in with the music. At the gym when I am jamming to some great Pink Floyd all the sudden it ends and I hear “Hello and welcome to another episode of ebay scavengers. Without fail It almost always starts the same every episode. HA Ha. Should I be downloading another app to play them on. Love the podcast but when I play my music I lose track of what episode I am on and the place I was in the last episode I listened to.
Hope this is where to put all this as I am new to the forum.
Love love love the podcast and keep up the great work.
03/06/2019 at 10:33 pm #58266
Assume you have them in a playlist. If you have them downloaded, they should be in order.
We sell the whole archive in order here: https://www.scavengerlife.com/download-all-episodes/
I guess if you have your music to “play random” they might pop up. Do your other podcasts pay randomly as well? I know iTunes allows you to set rules of what playlists to randomly pull from.
What kind of work do you do as an artist?
03/07/2019 at 12:12 am #58273CatieDidParticipant
- Location: USA
Hi guys, thanks so much for the podcast and the forum. I was around a little bit a few years ago when I was selling on ebay part-time and posted here a few times under a user name that I’ve since forgotten. I quit selling during very busy career period that included a cross country move, and only recently did I unbox some of my old inventory and start selling again. It’s great to re-join you!
I’ve always sold VERY part time (like less than 100 items listed) along side my pretty mentally taxing full-time career. I often idly fantasize about quitting to resell full-time although I know that’s not realistic for now. I’d definitely worry about replacing my current income, and the length of time that it would take me to ramp up. But I do enjoy it a ton as a hobby and the extra money is going to help me pay off my grad school loans.
I’ve dipped a toe into Poshmark recently (and done a bunch of reading about it) and here’s a few things that you might find helpful:
-the buyer pays flat $6.79 shipping up to 5lbs. A great deal for something heavy like the boots you sold, but makes it harder to sell inexpensive or lightweight items that could go 1st class. I think buyers have a hard time spending $7 shipping on something they might want that’s listed for $10.
-there is a TON of really low-priced stuff on there. Lots of very casual sellers selling out of their closet that don’t mind making a profit of a couple of bucks. (I see lots of things that get sold for $5-$6, meaning after Posh’s flat $2.95 fee on items under $15, those people are only making $2! Crazy!) I think to some degree this pushes prices down, especially for items that are not name-brand hot/trendy pieces. With no listing fee and a very quick listing process, there is really very little barrier to entry.
-Offers are standard and lowball offers are frequent. The fact that someone bought your boots flat out is VERY unusual.
-On Posh you can only officially sell clothes and make-up items. So the non-clothing items you guys have listed could get flagged by other users and removed. Probably no real consequences beyond that, but just FYI.
-Also, in my understanding anything that sells for over $500 goes straight to Poshmark (not the buyer) for authentication. If one of your “non-compliant” items over $500 sold, I think Poshmark would cancel the sale. (I am not certain about this, but they do for compliant items that they can’t authenticate.)
-I think eBay is much better in general, but Poshmark can also be good for trending name brand items. I also look to see how many of an item I’m selling is on ebay vs Posh. I have had decent luck with items where multiples are for sale on eBay, but none are available on Posh. That’s where I focus my cross-listing. In general, I have gotten much higher offers for my cross-listed items on eBay.
03/07/2019 at 10:45 am #58292
Welcome back. Good news about an eBay store is you can turn it on and off as your life changes.
Appreciate the info on Poshmark. After that one $200 boot sale, it’s been crickets. Not even offer.
Tsatt, you sell 15 items a week on Poshmark for an average of $30. Are most of your sales through offers?
03/07/2019 at 11:47 am #58301
Yep, almost every sale is through offers. I can confirm that you will sometimes get really lowball offers too, but I hold out for better unless I just want to dump items.
Posh has slowed this week (ebay too). Only a couple of sales so far.
Retail is always so finicky…
But, I haven’t crossposted or shared much this week either. Could be part of it…
03/07/2019 at 12:11 pm #58303
And maybe I’m misunderstanding, but when you accept a lower offer, do they still pay the $6.78 shipping?
03/07/2019 at 7:51 pm #58326
@Jay: Yes, they still pay the shipping. Now, there are Offers to Likers or Offers on Bundles that you can make where you have the option to give either $1.80 off of shipping (so the buyer pays $4.99 shipping) or you can offer Free Shipping. But regular offers is still at $6.79 shipping.
03/08/2019 at 12:59 am #58343CatieDidParticipant
- Location: USA
Yes, when they make an offer, they have to pay full shipping. When you make an offer to likers, you HAVE to offer a shipping discount–either $1.80 or $6.79 (free to them) as tsatt mentioned.
The annoying thing is that Poshmark takes this discount to the buyer out of your money AFTER fees. Basically you’re paying their 20% commission on money you never receive from the buyer. So it’s better to sell an item for $20 and they pay shipping than it is to sell an item for $27 and you offer free shipping. Buyer pays the same (basically–slight rounding here to $27), but you net less (and Posh makes more) on the free shipping item. I don’t think everyone realizes this.
03/08/2019 at 10:22 am #58352
Interesting. I’m glad sellers are excited to sell on Poshmark, but the details show that Poshmark is also trying to get as much profit as they can. It may be less onerous to list, but sounds like fees are as much or higher.
I wouldn’t be surprised if they start putting more requirements on listings to cut down on fraud, lazy sellers, etc as Poshmark hears from unhappy customers.
03/07/2019 at 9:00 am #58284The_SEAM_StoreParticipant
- Location: PA
Still here….just have been having a crazy week. Will post numbers hopefully later today.
Gotta go see a surgeon about a hernia first. Ugh. Hopefully they can fix it quickly so I can get on with the recovery. It’s been slowing me down for a few weeks.
03/07/2019 at 10:13 am #58287
I bought and downloaded all of them a few months ago from your site. Best investment I ever made I think. At least in this business venture. I am a photographer and do art shows across the country but mostly in FLorida. You can check out my website if you like to see the kind of pictures I like to take at Jasinskibrothers.com.
I guess I need to make a playlist with all of the podcasts in it then. Because right now they are in my itunes library with the rest of the music. Maybe I should try to get another program entirely devoted to just the podcast as I lose my place and which episode I last played when I listen to music. Super annoying. Keep up the great podcast
03/07/2019 at 10:25 am #58288
03/07/2019 at 10:42 am #58291
Yep, make a playlist all all the episodes. If you use iTunes, you can delist that Scavenger Life playlist from your random shuffle.
I really like your About Us age: https://jasinskibrothers.com/about-us/
So many people dont put photos of themselves.
That is a nice Corvette!
03/07/2019 at 11:00 am #58294
Ok great thanks for the tips. I will create the playlist then and delist from the shuffle. I had no idea you could do that.
The corvette was nice. When it was working. I spent a lot of money on it and most of the time it would still leave me stuck on the side of the road.
In the end I determined it was a pretty nice looking money pit and it had to go. I sold it a few months back.
03/07/2019 at 11:04 am #58297
Makes sense. Fancy cars are definitely a luxury and not an asset. It sounded like you always had a dream about that car so at least you got to try it.
03/07/2019 at 11:50 am #58302
The only fancy cars that are an asset are the ones that are collectible and going UP in value over time, and even then, you have to make sure it stays in great condition.
TruthbeTold: What year was that Vette? Looks like mid-late 80s. Is there a collectible market for those?
My uncle is a Vette fan, and always had one (he upgrades periodically). He had the 1978 Pace Car edition at one point…
03/07/2019 at 1:16 pm #58310
Jay yes at least I was able to get one after all those years. It was enjoyable for a while, when it ran.
T+Satt mine was an 1982 which is a C3. It was the last year of the mako shark body style and one of the more sought after body styles for sure. After that they introduced the C4.
My car is not much of a collected year. For collectors you need to be in the 1972 era or earlier. Those are the same body style but with the chrome bumpers and unrestricted engine emissions. And yes you have to take good care of them for the most value.
But now I am into saving money instead of spending it on a money pit. Glad I finally realized it and made the sale. Great cars and super fun but just not what I need anymore.
It is like selling on ebay. Sometimes you need to know when to just get rid of a piece of inventory that is either taking up too much space or you have had for way way too long.
03/09/2019 at 3:32 pm #58375mickdogParticipant
- Location: Portland, OR
I just was about done with a long Monthly numbers post, and I hit the wrong button and it is gone.
So I’m not rewriting it, but instead here is a quick abbreviated version (whining ahead):
I didn’t sell as much as usual
I sold things for less than usual
I had two high dollar returns taking 11% of my profit back for the month
I bought, sold, and only then realized while packing that a $45 sale item was actually broken and I couldn’t sell it. Luckily I only was out the original $5 sale but I did get a ding on eBay for not fulfilling that sale.
I am trying to list as much as I can on the weekends (20-30 items) and I did go to an auction last night that I spend $80 and now have about $500 worth of items ( and $300 worth listed just this morning). So that was good.
Back to the bad: This first week of March is currently slower than my very slow February so that is worrying….
03/10/2019 at 8:01 am #58390
Selling on eBay can be a rollercoaster. Fortunately, it is more of a kiddie rollercoaster than a vertical free fall drop coaster. I can totally relate to feeing down and then the complete apathy that comes when the forum eats a long post.
I suggest you do something this week that sparks your enjoyment of the process again. Change things up!
Honestly my favorite thing to do when I am feeling down about the whole process is list some of my oldest death pile items – the ones I dread the most.
Once I am into the process I start wondering why I was dreading it so much. I start to appreciate these items I had avoided.
Then over the next week those items start to sell! While the listing process acts as the kindling and spark, those sales are like throwing in the thick piece of hard wood onto the bright burning kindling that will burn a long time and keep me warm and invigorated to keep going over the next month of sales recovery.
03/10/2019 at 10:10 am #58393The_SEAM_StoreParticipant
- Location: PA
Week Feb 24-March 2, 2019
Items Sold: 84 Items
Gross Sales: $5484
Highest Price Sold: $199, Levis Kurt Cobain Jeans
Lowest Price Sold: $4.99 (Pair of Shoe laces)
Average Price Sold: $65.28
Number of items listed this week: 142 Listings
Way late on these numbers. This weeks has been so hectic, I’ve forgotten all the highlights from last week. lol
I go in for surgery on the 21st, and then will have at least 4 weeks of recovery time with restrictions. Ugh
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