The Numbers: Week June 18-24, 2023

[Jay]

Last week was good for us on eBay. This week (so far) is deadly slow. We’ve been very busy on a couple non-eBay projects that we may post here soon en
[See the full post at: The Numbers: Week June 18-24, 2023]

[Retro Treasures WV]

Items in Store 2184
Items Sold 15
Total Sales $353.00
COGS $54.00
Total Profit $305.00
Average profit $20.33
Average sales price $23.53
New Listings 68
Items scavenged 100
Listing 2023 weekly Avg 26

Twas a slow week for me. This week things are looking better as I already have 11 sales for $285 through 2 days.

It rained pretty much every day last week so I didn’t get to do some of things I wanted to, ebay or home projects.

 

Scavenging was EPIC! Read the details in the scavenge of the week thread.

I’ve started creating listings for the epic clothing haul. Now many of these items I don’t have perfect comps for since I pretty much bought the farm of unicorns…

I’m shooting for the moon on many of the listings and will see how the offers shake out.

So far I’ve created 14 listings with an average list price of $120. My average buy cost was around $7. I’ll know for sure once I’ve counted everything. Yeah there was so much that I didn’t count – I think there is around 80-100 items.  I was just handing arm load after arm load to the ladies adding it up. I’m just taking it one item at a time and plugging along.

 

I’m creating the listings out of the back of my van during breaks and lunch at work. Then I’ll do measurements and photos at home.

The highlight for sure was the NWT Coogi sweater. I mentioned in the other thread that there were receipts and original bags. The sellers loaded up my purchased goods in the original store bags. The bag I finished listing today was a Nordstrom bag. In the bottom were two receipts from 2007. One was for  a bunch of $20 a pair underwear (Lol!) and the other was for a piece of clothing they paid $185 for.

The next two bags I will do are gucci store bags. I hope there are receipts in those bags too – I’m going to save every receipt I can find to prove authenticity. It’s cracking me up to even post that absurdity of walking out of a yard sale with Gucci bags. It also dawned on me the actual bags are worth money…

https://www.ebay.com/itm/285318259307

…Yep!

 

I haven’t been able to buy any shoes yet, but here is an example of some of the shoes I saw in the garage that likely came in those bags:

https://www.ebay.com/itm/142914502656

Gucci, Prada, Ferragamo, etc. Man I  REALLY hope I can get a decent price on the shoes if I buy everything.

I don’t really want to be a youtube reseller, but if I was ever going to do it this would be the time if this deal goes through. Maybe I just flip the whole lot to one of those youtube people and take the quick cashout. We’ll see. The possibilities are wide open.

 

In other news… I was able to finish getting the big lot of Denby dinnerware listed. I also did all the sorting/organizing of the 250 piece NWT scrubs lot I bought. They are sorted by color, style, and size so I can quickly and easily create listings this week by color/style and have the size as a variation.

I have a 4 day weekend coming up and I hope to get a TON of ebay listing AND organizing done in prep for round 2 of the epic designer sale.

[craig rex]

@retro-treasures-wv

This is an all-time great scavenging story. Can’t wait to see what Round 2 brings you. just amazing what people are willing to practically give away…

[Lukastreasure]

Week Ending 6/24/23
Gross Sales(w/o shipping $ tax): $284.70     (eBay $135 / Etsy $150)
Net Sales: $234.34
Total Items Sold: 8     (eBay 4 / Etsy 4)
Total Items in eBay Store: 1211
Total Items in Etsy Store: 535
Cost of Items Sold: $35.21
Highest Price Sold: $59.95 Antique Stanley Carpenter’s Plane
Average Price Sold: $35.59
Returns: 0
Money Spent on New Inventory: $0.00

Average Days Listed: 308
Longest Listed: 424
New items listed: 2
New Listings Value $2,599.92

Pretty sad showing for the week but this time of year has never been great for me (pandemic excepted).  Better than last year.  This week is looking worse so far but hoping something big sells.  Visiting family is now gone so will get back to listing.  Trying not to look at auctions until I get some of my backlog listed.

 

[Joe]

Slow week for me:

Total Items in Store: 14,674
Items Sold: 154 (same as last week, what are the odds?)
Gross Sales: $2,096.88 (including eBay fees, shipping, and taxes)
Net Sales: $1,175.71 (minus eBay fees, shipping, and taxes)

Cost of Items Sold: $154 (approx)
Highest Price Sold: $202.32 (another Hot Wheel car)
Average Price Sold: $13.62
Returns: 0
Money Spent on New Inventory This Week: $470.53
Number of items listed this week: 483

[ChristineR]

Total Items in Store: 771
Items Sold:  17
Gross Sales: $795.82 (including eBay fees, shipping, and taxes)
Net Sales: $515.05 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $68
Highest Price Sold: $110 (Vintage fabric, paid $2)
Average Price Sold: $46.81
Returns:  0
Money Spent on New Inventory This Week: $185
Number of items listed this week: 41

I can’t wait to hear about what you two have been up to R&J.  Glad you will share soon.  I have a guess, but will keep it to myself again this time.

So, it was actually a good week on Ebay.  For once I’ve been listing quite regularly and it helped.  I also did that sell similar on older listings last week and have been able to make quite a few offers since then.

I’m closing in on 800 listings for the first time.  On the downside, quite a few lower dollar items are going into the pipeline.  I didn’t create death piles yet for myself, so some of the piles are good stuff but a lot of it is not exciting.  Still working my way through the second half of the first side of the garage.  Getting closer to completing that and did some more organizing this week.  On the other garage wall is some of my piles and also some stuff from my parents’ house to be listed.

I’m taking my daughter on a trip this summer that is very expensive so we are being really frugal and eating at home a lot.

I did do a bit of RA scavenging at the 4th of July sales yesterday and today.  Despite everyone tightening their belts, I’m still struggling to get items as cheap as I like to get them at my favorite 3 retailers.  I did spend about $150 I believe and got 19 great items I’m very confident about selling.

[craig rex]

@ChristineR

Congrats on the slow and steady progress with your listings. That’s the best kind of progress because it’s what is most sustainable.

I feel you on listing a lot of lower dollar items, I spent a good year or two in that slog and would probably still be there if it weren’t for being able to sell a lot of my trading cards on consignment. It is definitely not exciting. But you create so many more options to move inventory when you have more items in your store — you can lot things up, send them to auction, lower prices. All these methods work the same way as “tricks” like consistently listing new items and sell similar on old items.

[ChristineR]

Thanks Craig.  I’m embarrassed to admit it but I got a little junk drunk in the beginning and a lot of this low dollar stuff is things I wouldn’t buy now.  I’m listing purchases going back to 2014 even.  Not much if it makes any sense to lot up.  If I don’t love it I price it lower or put minimum offer low.  Last week I listed and sold a Goodyear mug right away so go figure.  There were plenty others online too.  I can’t wait to get through the junk.

[craig rex]

“junk drunk” I love it soo much!!! I definitely had periods of hitting the trash sauce a little too hard…rationalizing it as a low dollar education is the best kind of education. Maybe, but it can often lead to a big old mess. I have been slashing prices left and right on slow moving inventory and it is very gratifying to see things sell. Sometimes it is also puzzling because I look at my price on an item listed two or three years ago and wonder…What was I thinking?

With your Goodyear mug selling despite lots of others online, I’ve had the same thing happen a few times as well. Especially with some of the limited edition cards I sell…there have been a few instances where another seller had the same exact card listed as I did (same player(s), features, etc) and mine was priced higher and it still sold! Maybe it’s promoted listings? Maybe I write better titles? Maybe some buyers still care about feedback and read all the comments? Not sure, and not sure we receive enough info from eBay to figure out the answer, but I’d love to find out.

[ChristineR]

I’m hoping there are a lot of other sellers refusing to do promoted or doing 1 or 2%.  I’m at 4%, the minimum I think you need to pay to play.

[Sharyn]

Week of Jun 18 – 24
Total Items in Store: 1679 eBay, 29 Etsy
Items Sold: 13 eBay, 0 Etsy
Cost of Items Sold: $0 + $100 Commission
Total Sales: $273.69 eBay, $0 Etsy; includes fees but no shipping
Highest Price Sold: $72 Set 12 Santa of the Month Figurines
Average price: $21.05
Returns: 2
Money Spent on New Inventory This Week: $88
Number of items listed this week: 5

Sales are as expected for this time of the year. All but two of my sales were commissions, so my COGS was high. Oh, and I had the unusual situation of having a return; actually two this week.

I actually bought some inventory, which I don’t do much these days because of my selling off my neighbor’s stuff. I received an email on a sale on some Christmas items and decided to do some RA. I’ve never done real well with that, but we’ll see how this one goes.

I did start the photographing and cataloging for the MaxSold auction I’m planning for my neighbor. I’ll be working on that for the next several weeks, and the auction will be end of July/beginning of Aug.

[craig rex]

I ran a quick 5 day auction batch to end last Monday the 19th, so my numbers this week are split almost equally down the middle between auction and fixed price. I usually run 10 day auctions at the end of the month, so it was interesting to run a 5 day auction and compare. Maybe 10% lower sales than a 10 day auction batch, but no huge discrepancies. Fits nicely with the theory I developed this year that some eBay users use the site a few times a month to casually browse auctions.

6/18/2023 to 6/24/2023

Items sold: 58 (34 via auction, 11 via best offer, 9 via seller initiated offer, 21 via promoted listings)

Gross sales: $2376.96 (up 28% from one year ago)

Net sales: $1594.24 (up 21% from one year ago)

Average sales price: $40.98 (down 31% from one year ago)

Highest price sold (net): $107.11— Amazing Spiderman 2011 Marvel Comic Cuts panel card /80

This was all Terapeak and doing the research on a poorly listed auction, then patience flipping using BIN/BO. I received a number of offers below $100 before this buyer finally accepted my offer of $119.99 (20% off the BIN of $149.99). I was never into comic books and don’t have much more knowledge about them than the average scavenger. I have three or four of these cards from the same set (all purchased around $20 each) and this is the first that sold. Similar comic cut panel cards from other official Marvel trading card sets are not worth nearly as much, so this set must have focused on a very popular issue or character.

Lowest price sold (net): $5.50 — Herbert Hoover Washington Nationals bobblehead

I won maybe 6 or 7 of these bobbleheads from the same seller last year for the $0.99 start bid, and with combined shipping they probably cost $3 each, so…hurray for profit? I did sell one or two of the other bobbleheads in the $20 range, and one bobblehead cost me about $20 because it was autographed but will eventually sell in the $50 to $75 range. So I guess I’d buy all this stuff again even though it was bulky and not worth a lot. Fun to branch out a bit from the usual stuff at least.

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