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It’s been a while since we’ve talked about our coffee company here, even though it takes up most of our time these days. Our first Broad Porch Coffee
[See the full post at: The Numbers: Week July 7-13, 2024] -
I’m glad that your shop is doing well and that you are making a good income off of it. I visited that one time and saw how nice the Luray store was, and I’m sure the Harrisonburg shop is as good or better.
I check the website every once in a while looking for the Washed Honduras. My husband and I loved that coffee. It was above and beyond anything else we’ve had. I hope Broad Porch has plans to bring it back.
I don’t know if I got over a bad patch of quiet weeks or if my increased listing helped, but last week sales were normal. I’m sure it was a combination thereof, but I am still listing lots of items, so I hope the trend continues. So far this week, I’m doing well.
A few years ago, I bought Fragile stickers through an eBay auction. I’m down to my last roll, so I thought I’d do it again. I was outbid the first time. I was going to just buy them, but I tried a second time and ended up purchasing two rolls of 500 stickers each for a total of $3.25. That doesn’t even cover the cost of shipping! I felt kinda bad in a way, but, otherwise, they would have sold them for even less. I guess it is a way to introduce people to their store because they sell them BIN as well. I’m earmarking the store for other products I might need.
Week of Jul 7 – 13
Total Items in Store: 1704 eBay, 32 Etsy
Items Sold: 12 eBay, 1 Etsy
Cost of Items Sold: $35.40 + $35 Commission
Total Sales: $347 eBay, $32 Etsy
Highest Price Sold: eBay $59 for Oil Canvas Framed Signed Art Norma Smith
Average price: $29
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 51 -
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Items in Store: 3035
Items Sold: 32
Total Sales: $1,625.00
COGS: $184.00
Total Profit: $1,441.00
Average profit: $45.03
Average sales price: $50.78
New Listings: 28
Items scavenged: 2
2024 weekly new listings Avg: 35
2024 avg gross weekly sales $1,418.04
2024 Avg weekly Items Sold 33
2024 ASP $43.54
2024 projected total sales $73,737.86Our newest bundle of awesomeness was born at 12:38 AM on Wednesday night/Thursday morning! Mom and baby are doing well. I’ve been doing a lot of napping since, and of course getting all the housework done. It is soooooo nice to be off work for a month!
I’ll keep up with ebay shipping and do some listing/organizing when I have a little bit of extra time. I was able to go out and do some inventory management this morning before it got hot since everyone was asleep and I was awake. I’ve pretty much maxed out my inventory bins with the massive amount of listing I did last week.
I’m going to have to take a break from listing hoarder items and focus on some “list in place” stuff. As in, list it and put it back where it came from. I have two rolling carts I want to do this to.
Looks like I got scammed on a pair of shoes last week. The person was very communicable and even congratulated me on the pending arrival. They requested I ship to a different address than on the shipping page. I’ve done this for many people and the way I understand it is that if it is documented in messages I’m protected. I also ship these high dollar shoes with signature confirmation – the person did sign with the name on the account.The person got the shoes and almost immediately filed a claim with their credit card that they didn’t recognize the transaction.
I filed my evidence that I followed through on the case and then messaged the buyer. They said they did not reach out to their CC company, and said they would ship the shoes back since the credit card co would likely screw me out of the money. Then the next day I get a message from ebay that the transaction was cancelled and they buyers account was closed for suspicious activity.
So…yeah. Worst case I lose and I’m just out the $20 and shipping costs. Oh well. I’m gonna write this one off and just be pleasantly surprised if the funds are released.
Premium Hoarder update:
Sold 10 items for $918.
A big ticket item was a vintage train dinner chime for $500!
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I’ve been grinding a little harder with eBay almost every day, taking a few more pictures, spending a few more minutes keeping myself organized, thinking ahead more to what I can accomplish over the last four months of the year and what I want to accomplish. It paid off this week with an astonishing 52 items sold. I would love to keep up this level of sales most weeks of Q4, but I’ll need to keep grinding because this sell-through rate is probably not sustainable. But weeks like this help solidify the foundation of my business. I don’t expect another week like this until Q4, but this week will definitely motivate me to keep pushing through the dog days of summer.
7/7/2024 to 7/13/2024
Items in store: 333 (up from 307 last week)
Items sold: 52 — 28 via best offer, 10 via seller initiated offer, 29 via advertising
Gross sales: $1974.83 (down 26% from one year ago)
Net sales: $1256.27 (down 34% from one year ago)
Average sales price: $37.98 (down 18% from one year ago)
Highest price sold (net): $134.68 — Paul Skenes 2023 Onyx Nero silver ink autograph /45
Lowest price sold (net): $10.24 — Bill Clinton 1993 presidential inauguration ticket
Sometimes the card consignment sellers who I buy from list random oddball items. About half the time, they know what they have or they at least know enough that some of their potential buyers find the item. I like to be the winning bidder the other half of the time, when no one’s bidding or it’s just me and one or two other flippers. I don’t get rich off items like this unless it’s a real fluke item, but it keeps life interesting and makes me $5 or $10 here and there.
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