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Our highest sold item was a sink faucet we recently scavenged for free. A woman posted locally about needing to do a clean out and willing to give awa
[See the full post at: The Numbers: Week August 6-12, 2023] -
Items in Store: 2571
Items Sold: 40
Total Sales: $2,352.00
COGS: $244.00
Total Profit: $2,108.00
Average profit: $52.70
Average sales price: $58.80
New Listings: 110
Items scavenged: Alot
Listing 2023 weekly Avg: 40Saturday was the big community yard sale in the city I live on the outskirts of. There were 120 listed yard sales in the same 10 mile stretch I normally scavenge, and in reality I bet it was 150+. On a normal yard sale Saturday it takes me about 2 hours to drive my route and see all the sales. Saturday we went for 5.5 hours to finish the route and did drive-bys or straight up skipped a TON of sales.
I’ve never seen this many sales in one day in this area. Unfortunately many of them were junk, overpriced, or a wall of generic clothing. There may have been good things at many of them early in the morning but you can only be the early bird at the first few sales wherever you start.
I didn’t buy anything I was super excited about – a few $100+ items mixed in there. This was my last hurrah of the summer with vacation coming up on the scavenging front. From here on out for the rest of the year my general scavenging will be pretty light*. Listing wise I have a pretty good system going and I think I’ll keep listing 50-80 items a week the rest of the year.
* Ah you saw that asterisk huh? Well my “general” scavenging will be light but in September there will be another round of premium hoarder acquisitions. I still don’t know how deep that rabbit hole will go long term.
Premium hoarder numbers for the week:
Shoes: 5 pair for $1200
Clothing: 10 items for $458
My running total so far is 56 items $5620 in sales. This week I will finally cross over into the profit. Making my money back before I do another big purchase is perfect. My solds are averaging $100 and my current listed premium hoarder listings average $100 (196 for $20633)
I still have a bin of clothes to list and about half the shoes.
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I crunched my numbers and in order to beat my total gross sales of 2020 I would need to average $1667 per week gross sales to match 2020. The weak first half of the year really put a damper on things. In the last 6 weeks my gross sales have exceeded the combined gross sales for the first 5 MONTHS of the year!
Is that doable at this point? I’m thinking yes. We shall see!
Also, I’m at 954 new listings for the summer. I’ll wrap up the last 46 to complete my 1000 listing summer goal this week – several weeks ahead of schedule.
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How many pairs of shoes do you think will sell in this price range.
5 pair for $1200 is more than $200 a pair!
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24 pair listed sub $100
12 pair $100-$200
14 pair priced $200 and up.
I’ve listing all the used unboxed shoes and multiple of those have sold for $200+ which I did not anticipate when I bought them.
Everything left unlisted (about 50) is new in box and most of them will be $200+
So 60+ more will sell $200+. I’m being fairly aggressive with pricing and offers to keep things moving. Multiple pairs I’ve had listed for $300-400 I’ve ended up selling for $200-$300.
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So 60+ more will sell $200+. I’m being fairly aggressive with pricing and offers to keep things moving. Multiple pairs I’ve had listed for $300-400 I’ve ended up selling for $200-$300.
Considering the size of your haul, I think this path makes a lot of sense. Getting to that breakeven point quickly is always a good goal. But you can get flexible depending on certain variables.
@Jay if you had purchased a haul like this with the storage you have in place, would you get aggressive with pricing (low end of sales history) or price everything high end of Terapeak & up and wait for that perfect buyer to come along?It’s an interesting question considering how most of the sales are $200+ and you might think, if someone’s spending $250+ on anything on eBay, is price really as much of a factor as it is with sub $50 items? But I think Retro’s experiment shows that a lot of buyers with deep pockets are more price sensitive than we might think, and my own experience with these types of items has shown that as well.
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@Jay if you had purchased a haul like this with the storage you have in place, would you get aggressive with pricing (low end of sales history) or price everything high end of Terapeak & up and wait for that perfect buyer to come along?
I think Retro’s experiment shows that a lot of buyers with deep pockets are more price sensitive than we might think, and my own experience with these types of items has shown that as well.
Youre are 100% correct. If we scavenge “current commodity items”, then we price competitively. These are items are produced in current factories or where the same exact item is for sale in great number. Like shoes, tech items, etc.
With commodity items, the only difference between my item and another sellers item in price (and maybe condition). All things being equal, price is the determining factor because there might be hundreds/thousands of the same item for sale.
Many of the items we scavenge are not “current commodity items”. They’re vintage, weird, not produced anymore items. Items that have no brand. Maybe handmade. The quality of the items vary significantly. There’s less than 50 online. Often less than 10. We may be the only one onine. We can risk pricing higher because our target buyers are willing to pay more for something rare.
I assume it’s no different than a baseball card. Some specific cards are extremely common and there’s a clear price that people will pay because there’s so much competition. Other cards are very rare, expensive, prices go up and down, and quality is extremely important.
I think Retro is 100% being the best seller on the shoes. Commodity items that he purchased cheap. Sell them fast!
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I sold 5 items after returning for a net of $133. Leaving again to help my son move into his first college apartment shortly but I’m really looking forward to ramping up on Ebay since my daughter will be back in school next week. I have a lot of linens to list when I get back in particular. Not my favorite thing to list. I’m at 846 items and I have a goal to make it to 1000 by the end of the year.
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Week of 8/06 – 8/12
Total items in Store: 386
Items Sold: 8
Gross Sales: $296.45 (w/o eBay fees, shipping, or taxes)
Cost of Items Sold: $107.93 (including consignment commissions but not the original cost of family castoffs)
Highest Price Sold: $100 plus shipping (NOS 1969 US Army Jungle Fatigue Pants)
Average Sales Price: $49.41 (not incl eBay fees, shipping, or taxes)
Returns: 0
Money Spent on New Inventory: $0
Number of new items listed: 16Starting to work my way out of the doldrums.
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I realized belatedly that I had not posted for this week. I was on a short business trip at the beginning of last week, so I forgot to do it when I came back.
It would have been a quiet week if I didn’t have the high sale of the $195 perfume.
Week of Aug 6 – 12
Total Items in Store: 1715 eBay, 30 Etsy
Items Sold: 5 eBay, 0 Etsy
Cost of Items Sold: $0 + $108 Commission
Total Sales: $274.80 eBay, $0 Etsy; includes fees but no shipping
Highest Price Sold: eBay $195 Gucci Envy Eau de Parfum Spray Sealed Box 50 ml
Average price: $55
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 5 -
Finally getting caught up after being away for two weeks on vacation. Sharing a picture of my spreadsheet for the last 3 weeks as it’s easier. Nice to have the time away, and, as always, nice to see things still sell while we are away. Slow time of year anyway, but at least we sold more this year during the same time period than last year, and we’re now up a whole $1000 over where we were this time last year. Woop, woop!
Tough to get back into the swing of things after the time off. Lots to do with school starting up again next week.
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