Home › Forums › Weekly Numbers › The Numbers: Week of December 17-23, 2023
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Lukastreasure.
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12/27/2023 at 7:44 am #101958
We noticed that eBay seems to be trying to solve the issue of unpaid items on offers. The issue is when a buyer makes an offer, doesn’t pay, and keeps
[See the full post at: The Numbers: Week of December 17-23, 2023] -
12/27/2023 at 10:05 am #101961
I had this happen to me as well. I accepted an offer and was looking for the sale in my orders, but didn’t see it.
I also ran into an issue with a previous “end and sell similar”. I forgot about looking for listings with variations since eBay changes all the items to their original quantities. I was confused because an item with multiple quantities (but no variations) will now come up with the right number. If you had five originally and sold two, the new listing will say three. The point is that I sold a pair of pants that I no longer had, and I had to cancel the sale.
Week of Dec 17 – 23
Total Items in Store: 1711 eBay, 35 Etsy
Items Sold: 10 eBay, 0 Etsy
Cost of Items Sold: $9 + $72 Commission
Total Sales: $313.49 eBay, $0 Etsy; includes fees but no shipping
Highest Price Sold: eBay $94.50 for 1999 Boehm Flower Figurine
Average price: $31
Returns: 0 (1 had to cancel due to sell/relist issue)
Money Spent on New Inventory This Week: $0
Number of items listed this week: 8-
12/28/2023 at 12:18 pm #101970
@Sharon I got hit twice today with that quantity problem. I wonder if something somehow reverted, because I thought they fixed that issue and I haven’t seen it in a long time.
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12/28/2023 at 11:39 pm #101978
I went back through my most recent listings, and I found some issues with my variations but not multiple quantity listings. I’m a sample of one, so I can’t say for sure. I think it was Retro WV who mentioned that the multiple quantity issue had been fixed.
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12/27/2023 at 1:07 pm #101963
Total Items in Store: 1,237
Items Sold: 42
Gross Sales: $2,205 (including eBay fees, shipping, and taxes)
Net Sales: $1,390 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $227 + 2 family items
Highest Price Sold: $212 (Vintage Christmas Stocking Kit, paid $4.99)
Average Price Sold: $53
Returns: 1 – one item broke
Money Spent on New Inventory This Week: $600+
Number of items listed this week: 51Well I’m certainly glad I decided to leave my store open this year. I didn’t get any desperate messages or complaints or problems printing shipping labels on Ebay. A lot of people were buying ground on Tuesday and Wednesday after the cutoff for priority and I went to the post office 3x one day to try to get it there on time. I felt very productive this week. Running a 30% off Christmas sale since Christmas day. It’s been pretty quiet the last couple of days.
One of my 4 RA sources was in early (panic?) sale mode and I went in deep on the 23rd and online the last few days. I have sold these items from them in the past but they could take a while if people really go into pull back spending mode. I immediately listed most of those items and have a few more coming. Two other retailers don’t really have great prices yet.
I also went in deep on a follow up Target RA for mid-winter / early spring collection lower priced items. I got my share at the suburban Target near my home and someone else cleaned out the larger Target nearby. If these were toys I would feel bad but they are wine drinking middle age moms missing out so I’m good with that. Ha. My Christmas Target experiment was a good success. I have just a few remaining Christmas specific items left. A few more are winter theme left and I’m hoping they will sell off soon.
I ordered a lot of supplies this week. Have a lot of reorganizing and COGS for taxes to do soon. I’m thinking a lot about my business in 2024 and how I want to go forward. I still have a fair amount of piles around to deal with this year but I made very good progress last year until Fall when I started thrifting too much and going to a few estate sales. A correction is needed. Hoping for good sales until about mid-January when it falls off until March typically for me.
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12/28/2023 at 8:40 am #101967
At Target, where do you look for the items that are deeply marked down. Is it like 50% off?
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12/28/2023 at 10:37 am #101968
Anthropologie was having great sales. My Target strategy is to cherry pick and resell new full but lower price ($2.99-6.99) items from the Magnolia Hearth and Hand collections. For some reason Target doesn’t make enough for the demand and it sells out online and in many stores. The cheaper items I buy from her collections usually don’t ever last until the sale time. However, Target did one day specials before Xmas and it went 40% for one day. I only flip Target colab items, not house brands. Hearth and Hand single items also show up at Goodwill on occasion and I scoop them up if they do.
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12/30/2023 at 10:30 am #101994
Anthropologie is a great brand to get.
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12/27/2023 at 1:08 pm #101964
P.S. On my app this week, I had a large banner about someone I follow using a coupon. It was very prominent. I’m thinking of trying it while I’m not running a sale, maybe this weekend.
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12/28/2023 at 3:05 pm #101973
Merry Christmas everybody! Christine, great numbers…. you are doing very well. I had no seasonal items listed this year so no huge jump either :), but I have been pretty steady this season, and making sure to list every day. Sharyn, I hate when that happens… but was also excited to also see that that ebay fixed that “bug” that resets the sell similar quantity!
My Store Week December 17-23, 2023
Total Items in Store: 721
Items Sold: 21
Gross Sales: $871.72 (including eBay fees, shipping, and taxes)
Net Sales: $493.06 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $39.07
Highest Price Sold: $47.40 (True Religion Jeans)
Average Price Sold: $27.49
Returns: 2
Money Spent on New Inventory This Week: $111.17
Number of items listed this week: 24$ Amount listed this week: $808.08
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12/28/2023 at 11:21 pm #101977
Offers are my bread and butter. Looking back at my sales this year, of 3,740 items sold 1,020 were sold via best offer and 1,231 were sold by seller initiated offer.
Believe it or not the old system actually worked better for me. It seems that a lot of my customers buy something from me and THEN see all the other great stuff I have and want to buy multiple items. As a result of noticing this behavior I actually set ALL my listings to not require immediate payment. The old system allowed customers to buy more items after accepting one of my offers and then “settle up” by asking for an updated invoice with combined shipping. Now, they accept an offer or I accept one of theirs and they get charged right away. Then they see more items they want and start asking about combined shipping which is a lot harder to do when some items have already been paid for. I typically have to retroactively send combined shipping refunds on several orders every day.
I know the model trains category is probably not the same as others but that’s part of the bigger problem. There is no one solution that fits all the buying and selling methods that currently happen on ebay and buyer behavior seems to be different depending on the type of items you are selling.
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12/30/2023 at 10:31 am #101995
With train collectors, do yoiu have issues with people making offers, then not paying after you accept?
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01/01/2024 at 5:38 pm #102016
Its very rare they don’t pay but it does happen once in a while. The majority have it set to “auto pay” so they get charged right when I accept the offer.
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12/29/2023 at 2:21 pm #101987
wow! You 2 have really been selling the stuff these past several weeks. I also noticed that you are knocking on the door to 9,700 items in your store.
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12/30/2023 at 10:29 am #101993
Listing works. We have the room for more.
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12/30/2023 at 9:47 am #101992
I noticed yesterday on the app that the photos loaded much faster. I had heard about that change coming on the Ebay for business podcast. A welcome improvement.
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01/02/2024 at 7:37 am #102022
Items in Store: 2885
Items Sold: 38
Total Sales: $1,769.00
COGS: $191.00
Total Profit: $1,578.00
Average profit: $41.53
Average sales price: $46.55
New Listings: 38
Items scavenged: 14
2023 weekly new listings Avg: 46Felt slow the last half of the week but still an AMAZING week! Very little sold from the premium collection – just 4 items for $240.
Ebay was on the backburner the last 2 weeks of the year for the most part.
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01/09/2024 at 4:02 pm #102096
Looks like several of you had a great week. Congrats. Less so in my store. Haven’t had much time to work on eBay, so shouldn’t expect much more.
Week Ending 12/23/23
Gross Sales(w/o shipping $ tax): $581.11 (eBay $377 / Etsy $205)
Net Sales: $479.04
Total Items Sold: 17 (eBay 11 / Etsy 6)
Total Items in eBay Store: 1144 / Etsy 555Cost of Items Sold: $41.31
COGS Percent: 8.62%
Highest Price Sold: $112.46 (set of 4 antique floral prints)
Average Price Sold: $34.18
Returns: 0
Money Spent on New Inventory: $167.50
Sold via promoted listings: 6Average Days Listed: 223
Longest Listed: 1289
New items listed: 7
New Listings Value $389.65
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