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Merry Christmas everyone! It feel like the year has zipped by…but also that a million different things happened. As people who worked for themselves
[See the full post at: The Numbers: December 18-24, 2022] -
Crrraaashhh. Not unexpected as buyers focused on buying holiday gifts that would arrive on time.
I hope everyone is having wonderful holidays with family and friends.
Week of Dec 18 – 24
Total Items in Store: 1816 eBay, 30 Etsy
Items Sold: 7 eBay, 0 Etsy
Cost of Items Sold: $5.50 + $50 Commission
Total Sales: $149.61 eBay, $0 Etsy; includes fees but no shipping
Highest Price Sold: eBay $40 Beauty Box New
Average price: $21.37
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 20 -
12/18/22 – 12/24/22
Total Items In ebay Store: 4663
Total Items In Etsy Store: 296
ebay Items Sold: 21 items for $ 1,165.10 / Net 979.06
Etsy Items Sold: 6 items for $ 297.18 / Net $ 194.94Total Gross Sales: 1462.28 (including eBay\etsy fees, shipping, and taxes)
Net Sales: $ 1174 (minus shipping, and taxes)
Items Sold: 27 items
Highest Price Sold: $ 150 (Sweater)
Average Price Sold: $ 43.48
Money Spent on New Inventory: $ 25Number of items listed: 0 ebay, 56 Etsy
Gut Sales Report for the week: Very good week for the week of Christmas. Sales right up to and on Christmas were great.
Focus for the week : Still trying to get all my 1800 vintage listings on Etsy. I have only 296 listed on Etsy so far. But, trying to automate that.
Scavenge of the week: Found a Union Made 100% Camel Hair Trench Coat for $5.
Thoughts for the week: Too much is hitting at once. Trying to ship all the sold items. Listing on Etsy. Trying to code my cross-listing. Just one step at a time.
Mark
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Total Items in Store: 598
Items Sold: 16
Gross Sales: $664.15 (including eBay fees, shipping, and taxes)
Net Sales: $406.65 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $123
Highest Price Sold: $119 (Vintage spaghetti Santa, paid $5.99)
Average Price Sold: $41.51
Returns: 1 (But hasn’t shipped yet)
Money Spent on New Inventory This Week: +/-$40
Number of items listed this week: 22Sales were pretty dead right before Christmas but were brisk yesterday and this morning. I didn’t realize today was a postal holiday. I have a lot of stuff to ship by tomorrow and it will be pretty annoying. Grateful for Ebay. I know the really dreadfully slow time is coming but I will be listed more this year during that time so hopefully that will help.
I was hunting RA today and the discounts aren’t really impressive enough for me. Many of my favorites aren’t doing an extra % off but I have had better luck in February and even early March. One store discounted early and I spent about $100 last week, scooping up some returns that landed in my local store and were nicely marked down. Today Goodwill Finds is running a sale as I posted elsewhere so that was my arbitrage.
I also noted that Macy’s has created like an outlet in the top level of their store. I’m under the impression it is supposed to be like a TJ Maxx. Their extra sales discounts don’t apply so I’m not impressed with the pricing or brands. However, I’ll keep an eye out because nobody locally seems to be shopping in there heavily at least for home goods. Happy bargain hunting to those who participate.
@Mark I’m honestly surprised about your Etsy success. I know it has been very slow for some others who tried it. Curious if you are promoting your Ebay listings? Between Ebay having the item specifics and Etsy having the tags (and a higher standard of photos imho) I’m sticking with Ebay but I feel like I need to make deals and give them a bigger cut now.-
Christine,
Part of my Etsy success is that I did it right near Christmas time. I didn’t plan that, it just happened that way. I am sure my STR will drop as 2023 wears on. However, I think I should be able to average at least the $700\month gross that I projected from Etsy after all 1800 listings are cross-listed. At this point I really think it will be much more than $700\month gross, but we will see.
I do promote some of my ebay listings. I have entered a lot of Etsy tags for each item, so maybe that is helping out. My photos are of high quality, so that shouldn’t hurt me.
Mark
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Mark & ChristineR: I added etsy several years ago, which I mentioned here at the time. I cross posted to Etsy about 900 of my 1,200 listings at that time. Years later still at about that same number.
Running Sales 5-7- or 10 days at a time on both, use promoted listings on Ebay and do a dollar a day advertising on Etsy.
Annual Gross numbers comparison:
My P&L shows for 2021 … Ebay sales=$23,000 and Etsy Sales=$7,000
For 2022 Year end [except for these last few days] Ebay=$11,000 and Etsy $4,000
So with the same type, and amount of inventory and doing the same type, style and length of promotions overall sales are down about 50% this year.
Just an FYI .. Mike in Atl.
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Mike,
Your Etsy store is only 75% the size of your ebay store. So, your adjusted ebay sales for this year would be .75 * $11,000 or $8,250. Your Etsy sales were about 50% of that.
That is about what I had originally projected; my Etsy store would have an STR of about 60% of that of my ebay store. So far, my Etsy STR is way higher than my ebay store by a factor of 5-10. That may settle down after the Holidays.
Did you put tags in all of you Etsy listings? I spent time putting tags on every Etsy listing. I am wondering if that is the difference or not.
Mark
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eBay Store Sales Week of December 18 through 24, 2022
Total Items in Store: 1158
Items Sold: 11
Gross Sales: $282.83 (including eBay fees, shipping, and taxes)
Net Sales: $154.29 (minus eBay fees, shipping, and taxes)
Cost of Goods Sold: $25.00
Highest Price Sold: $39.95 (EIB Radio Network – Rush Limbaugh Coffee Cup)
Average Price Sold: $25.71
Returns: 0
Money Spent on New Inventory This Week: $10.00
Number of items listed this week: 23I have tried retail Arbitrage before without much success, but this year I did pretty well with a grocery item (ALAGA cane syrup) used in baking. Found at my grocery store’s clearance shelf, which is typically the first place I look each time I do the weekly grocery shopping.
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Week of 12/18 – 12/24:
Total items in Store: 325
Items Sold: 9
Gross Sales: $310.95 (including eBay fees, shipping, and taxes)
Net Sales: $203.24 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $31 (including consignment commissions)
Highest Price Sold: $80 plus shipping (signed WWII aviation history book)
Average Price Sold: $34.55
Returns: 0
Money Spent on New Inventory: $0
Number of new items listed: 15 -
Week Ending 12/24/22
Gross Sales(w/o shipping $ tax): $848.95
Net Sales: $719.60
Total Items Sold 15
Total Items in eBay Store: 1082 Items Sold eBay: 10
Total Items in Etsy Store: 346 Items Sold Etsy: 5
Cost of Items Sold: $60.16
COGS Percent 8.36%
Highest Price Sold: $295.00 Antique Handcuffs
Average Price Sold: $56.60
Returns: 1
Money Spent on New Inventory: $0.00
Average Days Listed: 305
Longest Listed: 1224
New items listed: 9An unexpected week to be sure. Sales on Etsy accounted for 1/3 of item sales but 70% of the $ amount. This is the first time that my Etsy sales exceeded my eBay sales (I started posting on Etsy last January). A pair of antique handcuffs led the pack at $295 and all sales were $50 or greater.
eBay sales were all lower dollar with a max at $45. This was one of my lowest weeks on eBay for the year and the lowest pre-Christmas week in 4 years by a large margin.
I had one rare return request. I didn’t notice a crack in the Blenko pitcher I sold last week. I was hidden in the seam between the handle and the body of the pitcher. I might have been able to negotiate a discount with the buyer, but as I rarely get returns I decided to just eat it. It still displays nicely and the buyer gave me a nice review.
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Items in Store 2006
Items Sold 19
Total Sales $1,002.00
COGS $72.00
Total Profit $930.00
Average profit $48.95
Average sales price $52.74
New Listings 8
Items scavenged 1
Listing 2022 weekly Avg 36Closed out the year strong. Nice!
Sold a Mall Madness board game for $150 for Christmas. That’s the second one I’ve sold at Christmas for that price.
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