Home › Forums › Weekly Numbers › The Numbers: Week June 4-10, 2023
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craig rex.
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06/12/2023 at 12:15 pm #100301
Super slow week. We sold mainly low dollar clothes. No idea why. But as always, grateful for everything we did sell. Ryanne and I both have a birthday
[See the full post at: The Numbers: Week June 4-10, 2023] -
06/12/2023 at 12:40 pm #100303
Total Items in Store: 679
Items Sold: 9Gross Sales: $245.55 (including eBay fees, shipping, and taxes)
Net Sales: $167.01 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $12
Highest Price Sold: $37 (Vintage toy treasure chest)
Average Price Sold: $27.28
Returns: 1 broken item (refunded, filed claim)
Money Spent on New Inventory This Week: under $20
Number of items listed this week: 38Right there with you selling unremarkable lower dollar items but grateful they sold. I’ve been digging into my piles and finding some cool things (Midcentury artwork) but then did a box of random coffee mugs (bought in 2014!) that I either decided to keep at garage sale time or missed :(. I kept thinking of what my picker friend said about this stuff not being worth my time. But, I already culled a bunch of the piles and it is nice to just grab a box of junk and finish it off. It’s not as satisfying as it once was because I feel like I used to get a more immediate payoff of sales once I got cooking with listing. This is kind of strange because with Terapeak and best offer I should be pricing more accurately than I was back then.
I hope it’s a decent week for all. Have fun birthdays R&J!
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06/12/2023 at 12:53 pm #100308
Items in Store 2136
Items Sold 24
Total Sales $774.00
COGS $72.00
Total Profit $715.00
Average profit $29.79
Average sales price $32.25
New Listings 79
Items scavenged: More than I should…but I’m listing them!
Listing 2023 weekly Avg 23Much better than my average this year, and hopefully I’m building up some momentum to start having $1k weeks each week the rest of the summer. I just barely hit my goal of 77 items listed this week. Hey, it’s a LOFTY goal for a reason! I would like to hit $15k in sales over this 13 week Summer listing project. I’ll need to average close to $1200 a week from here on out to hit that and it is largely out of my control.
I would need to sell about 300 (30%) of my new listings, and keep getting $500 a week out of my old listings to have a chance.
Some great sales and great scavenges this week. I post them in the new weekly “scavenge” and “Sales” of the week posts. If you aren’t checking those posts out, you should be.
This weekend I lost some listing time dealing with inventory control. Listing 180 items in 2 weeks is easy. Dealing with storing it neatly and efficiently throughout the process – well that’s where you separate the amateurs from the pros. I really wish I would’ve been able to get my garage listing space cleaned up and well organized before the big summer push, but that wasn’t in the cards. I’ll get there! Things will get really hairy here in about 7-8 weeks as space in my inventory shed will become a problem. It is doable but will require a strategy shift and plenty of shuffling of unlisted inventory. In the meantime I will keep plugging away at making the current used space as efficient as possible and hope the number of bins of sold inventory going out start to come close to the number of bins of new inventory going in.
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06/12/2023 at 1:15 pm #100311
2 Broke Homeschoolers Weekly update:
Items Purchased 21
Items Listed 16
Items Sold 4
Gross sales $70.68
COGS $42.08
Shipping Labels $22.47
Fees $9.92
PROFIT -$3.79
Withdrawals $0.00
Available balance $16.21
Active Listings 13
Active List Value $204.88Again, these are cumulative numbers for the summer. COGS are for all inventory, be it listed, unlisted, or sold. Maybe it will work better than Excel. My kids were super busy trying to wrap up school this past week. There was no time to do any listing but they did source a few things at yard sales and Goodwill. The 5 new items they got will add about $130 in list value when they list them this week.
Their COGS is right at $2 average. That’s a great cost for someone starting out from next to nothing. Their average net profit on 4 sales so far is $8.50. This week we’ll discuss promoted listings and see if they want to run an experiment on that to spur some quicker sales.
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06/12/2023 at 2:49 pm #100317
Total Items in Store: 923
Items Sold: 61
Gross Sales: $2,207.12 (including eBay fees, shipping, and taxes)
Net Sales: $1,444,74 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $700.00
Cost of helpers: $125.00
Highest Price Sold: $300 (N Scale Steam Locomotive)
Average Price Sold: $36.18
Returns: 0
Money Spent on New Inventory This Week: $80.00
Number of items listed this week: 60Selling new merchandise means big gross sales and tiny profits were the theme of the week. Some highly anticipated locomotives that were announced, and ordered, last year finally shipped. I had 3 of them on order from my distributor at $209 cost per item. I was glad to sell all 3 right away for about $280 each but not so thrilled about the tiny profit margins. If I was selling through my own website then $70 gross profit on a $210 item probably isn’t too shabby but once eBay takes 12.35% of the gross in fees it makes things a lot less appealing.
I also went to a train show on Saturday that was about a 2 hour drive away. I’ve been experimenting to see if i can find some sort of symbiotic relationship between train shows and ebay where I sell certain things on ebay and then other items that don’t sell well on ebay get sold at train shows on the cheap. Unfortunately I’m starting to think it just does not work that way. Stuff that sells well at train shows also sells well, and for more money, on ebay and stuff that does not sell well on ebay you can’t give it away at train shows. Long-term I think train shows are where I will go to sniff out buying opportunities not to sell.
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06/12/2023 at 3:44 pm #100320
Week Ending 6/10/23
Gross Sales(w/o shipping $ tax): $625.22 (ebay $305 / Etsy $319)
Net Sales: $539.76
Total Items Sold: 11 (eBay 9 / Etsy 2)
Total Items in eBay Store: 1224
Total Items in Etsy Store: 548
Cost of Items Sold: $155.46
Highest Price Sold: $299.95 Singer Sewing Machine
Average Price Sold: $56.84
Returns: 0
Money Spent on New Inventory: $0.00Average Days Listed: 138
Longest Listed: 969
New items listed: 1
New Listings Value $69.95Pretty slow week of low dollar sales saved at the last minute by the sale of sewing machine on Saturday afternoon for $300. On Thursday evening, out of desperation, I sent out 33 offers of 20% off for some of my newer inventory, which generated 3 sales. Two of my sales were from the 30% off sale that I’m running of old inventory. Must higher cost of goods this week than I’m used to seeing. One of my items sold for less than I paid for it which skewed the figures.
I only listed one item this week due to focusing on a side project I started. I’ll share more about this later, but I’m hoping to create an alternate income stream. Like most things, a lot of upfront work. Will get back to posting this week.
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06/13/2023 at 1:50 pm #100329
Happy birthday, Jay and Ryanne! Have a good one!
These are my sales numbers during the second week of my vacation. We missed the smoky air coming down from Canada since we were in New England. The air cleaned up by the time we got back.
I had two canceled sales while I was gone. Most likely, the buyers didn’t notice the extended shipping time until after the purchase went through.
Week of Jun 4 – 10
Total Items in Store: 1700 eBay, 29 Etsy
Items Sold: 6 eBay, 1 Etsy
Cost of Items Sold: $0 + $69.75 Commission
Total Sales: $169.10 eBay, $51.6 Etsy; includes fees but no shipping
Highest Price Sold: eBay $60 Vtg Apple Macintosh Video Cable 590-0621-A on eBay; $51.60 Rusty Large Farm Hook with Connected Chain on Etsy
Average price: $31.50
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 0 -
06/14/2023 at 3:09 pm #100332
Happy birthday Jay and Ryanne. Thank you for keeping our little slice of the internet going, and congratulations on everything you’ve accomplished this year. Looking forward to seeing what new adventures you two have in the works for the next year.
I had another successful batch of monthly auctions this past week. Back in the day, eBay auctions were maybe a different animal than they are now. I rarely see many bidding wars. But every month, a few items which had been sitting in my inventory forever sell for the opening bid, which I set at 50% of my buy it now price. I’m space limited (for now) so this is a nice way to keep the pipeline flowing smoothly, and then when I relist unsold items, that’s another chance for things to sell — particularly if I adjust my prices or offer settings downward a bit. Something to keep in mind especially for those of you have items in collectibles categories. Auction listings are free in many collectibles categories with a store, and so is scheduling the start time and adding a best offer feature.
Another benefit: my auctions ended on a Monday and all but a few were paid for by Wednesday. Zero non-paying bidders too. That’s not the norm but it was nice to see things run so smoothly.
6/4/2023 to 6/10/2023
Items sold: 72 (43 via auction, 23 via best offer, 7 via seller initiated offer, 15 via promoted listings)
Gross sales: $2770.77 (down 18% from one year ago)
Net sales: $1869.99 (down 24% from one year ago)
Average sales price: $38.48 (down 31% from one year ago)
Highest price sold (net): $165.03— Mixed lot of graded and encased cards
Lowest price sold (net): $8.72— Max Scherzer no-hitter bobblehead giveaway from a Washington Nationals game
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