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We had a pretty good week of sales on eBay. We noticed that people are buying mismatched silverware, likely for their upcoming Thanksgiving dinners 🙂
[See the full post at: The Numbers: Week November 17-23, 2024] -
@Jay – I also sold a vintage whiskey bottle, but I got a mere $10.56 for it. I bought it in 2019 as part of a large auction lot for around $25, and I’ve made close to $1000 from that purchase, so I’m good.
I did something interesting on Friday. I had some gold jewelry that I wanted a jeweler to look at before I listed it again. I had it previously listed on Ruby Lane and had moved two over to eBay, but I wanted to double check that they were described correctly. The two pendants that had been listed on eBay were removed because the gems were cubic zirconia, and CZ couldn’t be listed in the fine jewelry category. I wanted to verify that they were actually CZ (they were) and that another pendant was mother of pearl (again, yes). The jeweler offered me $500 and estimated that I could make about $850 on eBay. I agreed with his numbers as I had already had them listed at one time, so I figured it was worth just selling now. He can definitely make more money on them than I can.
Now I have 5 – 100 dollar bills, and I will need to break one so that I can pay my consigner when I see him in a month.
Week of Nov 17 – 23
Total Items in Store: 1831 eBay, 41 Etsy
Items Sold: 14 eBay
Cost of Items Sold: $15.59 + $65 Commission
Total Sales: $353.98 eBay
Highest Price Sold: eBay $98 for Antique Stratton Brothers Wood Level No 10
Average price: $25.28
Returns: 0 (1 purchased and immediately canceled)
Money Spent on New Inventory This Week: $0
Number of items listed this week: 0+ Sold 5 pieces of gold jewelry for $500 to a jeweler (on commission, so $250 COGS)
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Since there was no post for the previous week, here are my numbers for November 10 – 16. Not too bad of a week.
Week of Nov 10 – 16
Total Items in Store: 1843 eBay, 41 Etsy
Items Sold: 15 eBay
Cost of Items Sold: $22.50 + $36 Commission
Total Sales: $417.29 eBay
Highest Price Sold: eBay $95 for Royal Doulton Tea Set Honesty Pattern
Average price: $27.82
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 21
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Total Items in Store: 1200 or so
Items Sold: 29
Gross Sales: $1181
Net Sales: $704
Cost of Items Sold: $202
Highest Price Sold: $202 (2 x Anthropologie 2023 clearance xmas cream and sugar set)
Average Price Sold: $40
Returns: 0
Money Spent on New Inventory This Week: $160
Number of items listed this week:Â 33Week of 11/10-16
Total Items in Store: 1200 or so
Items Sold: 27
Gross Sales: $1177
Net Sales: $648
Cost of Items Sold: $225
Highest Price Sold: $101 (1 of the creamer sugar set (one left now))
Average Price Sold: $44
Returns: 0
Money Spent on New Inventory This Week: $160
Number of items listed this week: 33Good sales, though it has since slowed. Not a great weekend. I’m happy after my post-election reset of sale items I was able to make probably 175 offers. If the item is large or old, I’m sending an additional 20-40% off and it seems to be helping. I’m also running a sale 15% off. Ebay definitely likes the more regular listing, but I’m working hard to make money and getting lower prices.
I went to my favorite indy thrift’s holiday boutique, and just bought a few gifts and things to resell. Crowded and not as good this year IMHO. I have one more sitting of Christmas listing to do. Getting awfully tired of it but I burn my Christmas candle and listen to Christmas music. I have been doing a little RA here and there if the price is good enough. The new item velocity does help my store and I sell a lot of that right after Christmas when people tend to buy for themselves. I have TWO bankers boxes of flatware in the guest room closet. Maybe I should list that when I finish the Christmas pile I have left.
Mercari is doing a death spiral I’m afraid. I did sell two items on there in the last two weeks and Fed Ex finally returned my scammer item. As far as I know the buyer hasn’t yet gotten their money back from Mercari lol. District.net (Niknax, VAMP) is slow for me BIN. Niknax maker says she is going to work on how to do better with non-live items, VAMP is getting rid of the less committed sellers and they have always been exclusive so that’s cool for me. There are a decent amount of members. Misty invited me to live sell but I am super camera shy and tech phobic, though chatty as you can see here. You can do it in a team. There are a lot of young moms selling live and some more experienced people. It’s interesting.
Looking ahead, in the new year I plan to list a lot of linens – I have boxes. I may try crossposting on Poshmark, as I follow someone who does well on there with linens. However, I don’t want to do sharing so I hope to sell without sharing in a less competitive category. Sharing is why I never tried Posh in the first place. Over that.
Glad to hear about the roasting business! Congrats on your continued success.
Working on my husband to go and rescue a doggie before Xmas. He will come around. Everyone have a great Thanksgiving holiday.
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Week of 11/11-11/17
Items in store: 3046
Items Sold: 31
Total Sales: $1,814.00
COGS: $276.00
Total Profit: $1,538.00
Average profit: $49.61
Average sales price: $58.52
New Listings: 5
Items scavenged: 3
2024 weekly new listings Avg: 36
2024 avg gross weekly sales $1,605.67
2024 Avg weekly Items Sold 35
2024 ASP $46.31
2024 projected total sales $83,495.04I spent alot of time shipping this week. Then I spent alot of time relaxing this week. I’m working extra hard at my day job right now and I’m finding myself mentally drained, which combined with the time change it’s just all a mess! Due to the work I did this year R&D’ing a new process corporate management gave me $750k to implement to full project effective immediately last week. I was able to make a fully functional low production version of the process for less than $10k that was putting out production parts that were of superior quality to our current process, cutting an astounding 80% from the normal cleaning/processing time. So me and another engineer (grammar be damned, this project was my baby so I come first!) are designing the full process and buying the “big boy” equipment. I’m genuinely having fun most days at my day job.
Our baby is 4 months old now and he’s changing from “just lay there and sleep” baby to “ENTERTAIN ME NOW, PEASANT!” baby. Not a bad thing at all – I have a little 80’s music dance party every evening with him while momma does her stuff. It’s just less time for ebay. I’m thankful for my 3k item store so I can weather a listing drought and still have great sales.
I’m thinking that getting my kids to do listings just is never going to happen at any reasonable level of consistency or scale. I got 5 listings out of them this week. They did fine on them and took about an hour. Should have took them about 20 minutes since they were tag-teaming. I paid them $2 an item and told them if they could start doing it more often and more independently I would give them bonuses at certain levels. For example, it they could knock out 100 items in a week (very do-able at 10 items an hour) I’d give them a $50 bonus. That’s $250 for 10 hours or less of work!
Premium Hoarder update:
Sold 11 items for $1329.
I have a Louis Vuitton Bag/Wallet thing that went to an Authenticator from this collection this week. It passed. I have another potential buyer who had reservations about a pair of expensive sunglasses. I sent him a copy of the passed authentication of this item in hopes of securing another high end sale as ebay doesn’t put sunglasses through the authentication program yet. No dice – never heard from him so clearly just a tire kicker. The best part of selling this high end stuff is that 99.9% of the buyers know their stuff, recognize they’re getting a deal or an amazing hard to find item. They pay, the leave great feedback and are zero issues. I’ve had multiple return buyers as well. It seems any problems I have are typically $10 and under items.
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Week of 11/18-11/24
Items in Store: 3012
Items Sold: 40
Total Sales: $1,773.00
COGS: $339.00
Total Profit: $1,434.00
Average profit: $35.85
Average sales price: $44.33
New Listings: 3
Items scavenged: 8
2024 weekly new listings Avg: 36
2024 avg gross weekly sales $1,609.23
2024 Avg weekly Items Sold 35
2024 ASP $46.26
2024 projected total sales $83,680.17More of the same – lots of shipping, not alot of listing. I’m writing this in December so honestly I don’t remember much from this week. I did mount some remote control puck lights in my inventory shed. They work awesome and light up the shed real nice….until they all fell down. That double sided tape does not work well in the cold. I’ll have to glue the base plates down where I want them at some point. Oh well, back to working via cell phone flashlight and/or a headlamp.
Premium Hoarder update:
Sold 15 items for $1068.
I sold alot of Ralph Lauren sweat pants this week. Not cheap ones either – $75+ each!. One person bought 2 pair for $180 shipped.
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