Home › Forums › Weekly Numbers › The Numbers: Week of January 21-27, 2024
- This topic has 17 replies, 9 voices, and was last updated 1 year ago by
craig rex.
-
AuthorPosts
-
-
01/31/2024 at 10:01 am #102268
Quieter week on eBay but sales continue. That’s all we ask for! Steady sales. Haven’t had time to list recently so our large inventory will likely car
[See the full post at: The Numbers: Week of January 21-27, 2024] -
01/31/2024 at 10:11 am #102270
Jan 21 -Jan 27, 2024
Total Items in Store: 3794 listings for 5440 items
Items Sold: 51
Gross Sales: $4375.99 (including eBay fees, shipping, and taxes)
Net Sales: $3373.66
Cost of Items Sold: $691 ($295 mine / $396 consignors)
Highest Price Sold: $275 Polo Suit
Average Price Sold: $85.80
Money Spent on New Inventory This Week: $411
Number of items listed this week: 28 -
01/31/2024 at 10:57 am #102271
Total Items in Store: 1241
Items Sold: 13
Gross Sales: $550 (including eBay fees, shipping, and taxes)
Net Sales: $335 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $82
Highest Price Sold: $68 New Pajamas (Xmas RA)
Average Price Sold: $42
Returns: 0
Money Spent on New Inventory This Week: $80? (I honestly don’t do a good job keeping track on a weekly basis)
Number of items listed this week: 21R&J love love the wood tones. Good luck with the last minute stuff.
Sales have really fallen off a cliff, which is typical for me this time of year. I went from using my blue Ikea bag for the post office, down to a small ikea shopper, now I can put it in the mailbox, if there are any sales. Tough going.
I cross-posted about 40 items on Niknax. https://district.net/niknax I’ve been keeping an eye on things over there and non-live sales seem pretty slow for everyone. It seems like there are an abundance of glass and animal figurines being listed and sold but there are also very high end items moving on occasion. I’m discovering the ways you can get your item seen on the front page carousels. I was happy to learn that you can do free promotions on the #chat and not many sellers are doing this, so I plan to list in bunches of items and then post about that 2-3x a week. The last listing I posted there got a lot more views. Also one of the admins mentioned in the seller chat that their support was able to onboard ALL of her Ebay listings. The functionality of the site is still in development but it’s a little bit astonishing how many people seem to struggle and are trying auctions on that tiny site. I feel like there is a lot of dumping of low end inventory without a lot of thought about it. If any of you are interested in doing live sales, there is definitely opportunity to cut your teeth in there.
I did sell one $19 item already on Niknax this week. It had been sitting on Ebay for a few months. It’s a smaller market but I’ve been approved to sell on another famous Youtuber’s competing District platform https://district.net/antiquemarket. There are only 181 sellers in there currently and almost 5000 members.
Over on Ebay, I’m working through some textile death piles. Many more to list…
-
01/31/2024 at 7:48 pm #102276
It’ll be interesting to see if NikNax can last. There’s been a lot of eBay-like clones over the years.
-
02/01/2024 at 8:53 am #102279
True. This one is a little different because the members are probably true vintage lovers with enough time on their hands to browse. YouTubers have cultivated that base. I also like that there is no Cassini potentially stuffing your items down in search. It’s also a little more social, but not in the way of Poshmark that requires annoying constant sharing.
On the flip side, I think they let in too many sellers too quickly and it’s flooded. The other one I linked to in the chat said they will avoid that and will protect the seller to member ratio.
if I can sell a few more items that would otherwise sit on EBay I’ll be thrilled.
-
-
-
01/31/2024 at 12:15 pm #102272
Week Ending 1/27/24
Gross Sales(w/o shipping $ tax): $757.21 (eBay $684 / Etsy $73)
Net Sales: $477.37 (eBay $424 / Etsy $53)
Total Items Sold: 21 (eBay 20 / Etsy 1)
Total Items in eBay Store: 1069 / Etsy: 494
Cost of Items Sold: $38.78
Highest Price Sold: $99.95
Average Price Sold: $36.06
Returns: 1 (Breakage during shipping)
Money Spent on New Inventory: $0.00
Sold via promoted listings: 13Average Days Listed: 429
Longest Listed: 1525
New items listed: 5
New Listings Value $419.75Wow, that place looks huge. I bet it’ll be packed. Good luck!
Sold a lot of items this week, for us. Still getting a lot of sales based on the end of year Xmas discount and from sending out 15% off coupons to watchers. Accepting a lot of lower offers than I would normally as so much of the items are old inventory. Pity it wasn’t all full price, but nice to see older items moving on.
-
01/31/2024 at 7:49 pm #102277
Sounds like you just need to get back into the flow. You’ve proven you have a good eye for items.
-
-
01/31/2024 at 12:49 pm #102273
Items in Store: 3021
Items Sold: 26
Total Sales: $1,004.00
COGS: $94.00
Total Profit: $910.00
Average profit: $35.00
Average sales price: $38.62
New Listings: 50
Items scavenged: 5
2024 weekly new listings Avg: 45It was a slow week that was saved by a $300 sale on Sunday at the last minute. I’ve only been doing my listings on the weekend so far this month rather than spreading them out. This week I want to try and spur my store activity by ending/sell similar old listings each day and promoting listings. It has been over 6 months since I added any items to promoted listings. Considering I’ve listed well over 2000 items since then I’m definitely due. I’m kind of on the fence if I should even do it anymore, but we’ll give it a go since I’ve had success in the past.
We got a very teeny tiny bit of semi-decent weather which let me do what I needed to do in order to get my garage office space cleared out a bit. It is by no means complete but I was able to make a big dent in the chaos. While clearing/reorganizing one death pile I got the unpleasant surprise that a mouse has been livin it up throughout. Never in my entire ebay history have I had a mouse mess with a single item in my garage or my shed. It is TOTAL WAR! I WILL DESTORY THIS MOUSE AND HIS ENTIRE LINEAGE!
Lots of droppings and pee marks. I have to clean a bunch of items. It chewed a hole in a really nice Irish wool cardigan. Fortunately that is all the damage I’ve seen.
When I start organizing I tend to freak out and want to stop sourcing for months as the death piles overwhelm me. Then my wife talks me out of it and reminds me that if good stuff comes along, I should get it and figure it out like I always do. She’s an enabler I tell ya! I only bought 5 things last week that were $50+ items with good STR. I can deal with 5-10 items a week and hopefully have some space once spring and yard sales comes around.
More decent weather coming so I’ll capitalize on it and keep cleaning, organizing, and listing. I started off the week with a 30 item draft bank so I should be able to list a good number of items. I’d like to get my weekly listing average above 50 items a week.
I crossed 3k items in my store. I’m not sure how I feel about that. I’d rather have a higher STR, so hopefully that number don’t get too much bigger this year. It would be awesome to average 50 listings a week AND 50 sales a week. I averaged 40 sales a week and 66 listings a week in the second half of 2023. Surely I can get to 50 sales a week by the end of 2024.
This was my best ever January in total sales, even though it felt kinda slow. That’s a great way to start off the year. Let’s see what the next month will bring! March-May is usually a dead period for me so I’m really hoping to turn that around.
Premium Hoarder update:
Not much to say here. Only two items this week. a pair of shoes for $300 and a Bose speaker system for $100. I crossed $30k in gross sales on the collection.
-
01/31/2024 at 7:47 pm #102275
Its so nice to see that as long as you’ve been selling, you’re finding ways to improve and sell even more than in then past.
I’ve seen that for most eBay sellers, they get excited by the first sales, build up some inventory, and then fall off a cliff because of outside issues or burnout.
-
02/01/2024 at 11:40 am #102280
I’ve been locked in a battle for years to outearn my dayjob with my ebay business.
I’ve been quite successful on both fronts though, so I’ve never got there and likely never will. I can’t stop trying though! Even if I can’t out earn my day job I still want to break that $100k annual gross sales barrier at some point. If I can get to 50 sales a week I can do it as my ASP has increased. Historically it has always been $35, but since July ASP has been over $50.
It was $41 in January but I only averaged 33 sales per week. If I can keep my ASP at $40 for the year I have to average 48 sales a week. I average 40 sales per week in the last half of 2023. I won’t always have all these home runs from the premium collection so my ASP will eventually trend back down.
So what’s a guy to do – create some new tracking metrics!
2024 avg gross weekly sales $1,396.75
2024 Avg weekly items 33
2024 ASP $42.33
2024 projected total sales $72,631.00So I’m clearly not there. I have to list more – like 70 items a week in an attempt to get up to 50 sales a week. I’ve got to encourage more sales. I might become a bit less precious over offers. I missed out on over $1k in sales this month because I wasn’t willing to come down so far on a couple items. Maybe I should have taken them?
Oh well, let’s focus on what I can control and see where it takes me. More listing, promoted listings, and renewing old listings. I need to be renewing about 20 old listings each weekday to refresh my store every 6 months.
-
-
02/05/2024 at 12:45 am #102311
Never in my entire ebay history have I had a mouse mess with a single item in my garage or my shed. It is TOTAL WAR! I WILL DESTORY THIS MOUSE AND HIS ENTIRE LINEAGE!
Please include weekly mouse updates in your numbers as long as possible. This is the content that keeps me coming back to this forum.
-
-
02/01/2024 at 10:14 pm #102282
I don’t know if anyone else is having problems with UPS & FedEx trying to adjust your shipping costs by some huge amount after the fact. I think the first one was because I was using a tube, but I didn’t have any end caps, so I used cardboard & tape. They charged me over $30! The dimensions and weight were correct. I did get my money back on that.
The second was a rug. The first eBay rep said that they didn’t have any information, and I needed to call UPS. UPS said that they couldn’t talk to me because I didn’t have a shipper number. The second eBay rep said that it was because I wrapped it in black plastic rather than a box. Huh? Anyway, they submitted a dispute for me, so I have to wait.
The last one was a large box for several frames. The weight is in agreement. I think that the problem is that the box size says “30x24x5″, so I put that down. However, that is really the inside of the box and the outside is 0.25″ larger. I think I did put in 6” on the thickness, but the rest left as-is. I haven’t disputed it yet, and it’s only $6, so I might not bother.
I think this is UPS/FedEx resolution to make more money this year. I know that UPS workers negotiated a higher salary, so maybe they have to make up for it. I’m getting pissed, though.
Week of Jan 21 – 27
Total Items in Store: 1697 eBay, 34 Etsy, 15 Ruby Lane
Items Sold: 13 eBay, 1 Etsy
Cost of Items Sold: $40.90 + $49 Commission
Total Sales: $401.12 eBay, $29.95 Etsy; includes fees but no shipping
Highest Price Sold: eBay $146 for Tracy Dotson Pottery Teapot
Average price: $30.80
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 12 -
02/03/2024 at 6:40 pm #102300
Ebay store items: 329
<div>Ebay items sold: 3</div>
<div>Total Ebay Sales: $247.45</div>
<div>COGs: $8</div>
<div>Fees/Shipping: $49.95</div>
<div>Profit: $189.50</div>
<div></div>
<div>FBM items: 49</div>
<div>Items sold: 6</div>
<div>COGs: $19</div>
<div>Sales: $285</div>
<div></div>
<div>On ebay I sold a teacher edition textbook for $39.99, a black 80s velour jumpsuit for $100, and 8 vintage slides of Nova Scotia for $12. The jumpsuit was $8 from a thrift store about six months ago. I had picked up 120 textbooks for free (Shurley English) from a local small private school. I thought they were homeschool editions from the ad language, but when I got there, they were in-person school texts. I had promised to get them though, so now I have 120 texts of 3-6 grade English with about 12 of them being teacher editions. I listed the teacher editions at $39.99 and student texts at $19. Amazon would not let me join up to sell them, so everything is on ebay. I did email a K-12 resale book company, but they offered me 80 cents a book. Not worth me shipping up and mailing. Most likely sales will kick off in March or July when people start buying texts for the next year. Homeschoolers can use these, so I advertised as such to them. For the slides, they were from my grandparents’ trip in 1972.</div>
<div></div>
<div>This past week for scavenging, I found an XL dog crate, a gold mirrored bar cart with wheels, and two black wood nightstands (one damaged but can turn sideways), three XL serving trays and a Simple Human trashcan (no liner).</div>
<div></div>
<div>On FBM, I sold the dog crate for $30, a small wood nightstand for $35, the two black nightstands for $30, a small wool rug for $40, the bar cart for $50, a vintage rattan chair for $100.</div>
<div></div>
<div>I’m in the Philly airport now, waiting for a 9 pm flight to Doha with my husband and daughter. I have friends in South Africa, so we planned a trip for all of February to road-trip around there, camping out and kite-boarding, safaris, wineries, etc. I’m very excited! I’ve never been to that continent. That will make continent #5 for me. I’ll have to go thrifting there!</div> -
02/03/2024 at 11:37 pm #102303
Jay, the cafe looks good!
My listings slowed down this week but thankfully, sales are holding pretty steady.
My Store Week January 21-27, 2024
Total Items in Store: 765
Items Sold: 20
Gross Sales: $613.32 (including eBay fees, shipping, and taxes)
Net Sales: $294.11 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $79.05
Highest Price Sold: $30 (Vintage Ralph Lauren Saturday Jeans)
Average Price Sold: $28.77
Returns: 1
Money Spent on New Inventory This Week: $55.51 Number of items listed this week: 12 $ Amount listed this week: $290.96 -
02/04/2024 at 3:13 pm #102304
@Sharon I stopped using UPS after a frustrating insurance claim experience. I haven’t looked at my FedEx charges which is probably foolish.
-
02/04/2024 at 3:40 pm #102307
@ChristineR – In these cases, eBay sent me an email saying that there had been a change in shipping. If this sort of thing happened in the past and I wasn’t informed, then, yeh, I probably would be none the wiser.
-
02/05/2024 at 2:39 am #102312
A little late on the numbers this week, but it’s good to keep up the habit. I have a nice pile of sold listings to pick and pack tomorrow, and I’m starting another batch of auctions tomorrow night to end next Monday, the night after the Super Bowl, so shipping will be annoying early next week, too. It’s a good routine, a nice day to day life.
1/7/2023 to 1/13/2023
Listings: 334 — down from 379 last week thanks to auctions (37 sold out of 250 listings, I start the bidding around half my BIN or target price) and culling unsold listings a bit (pulled 15-20 listings to send to consignment)
Items sold: 27 — 19 via best offer, 4 via seller initiated offer, 19 via promoted listings
In last week’s numbers thread, I had been kind of dumbfounded because 31 out of my 36 sold listings had been promoted. That seemed high to me. 19 promoted listings out of 27 sold listings isn’t quite as high (70% versus 86%) but the point is still valid — promote those listings!
Gross sales: $1059.31 (down 61.1% from one year ago)
Net sales: $621.00 (down 66.3% from one year ago)
Average sales price: $39.23 (down 15% from one year ago)
It will be interesting to see where these gross, net and ASP numbers are for me in a year. I have shifted so much of my online reselling over the last year from eBay to the trading card consignment world, and predictably my numbers there from Jan 2023 to Jan 2024 have basically doubled. They have run a lot of selling promotions over the last few months so I have been selling, selling, selling. My favorite was send any item to eBay auction (7 days, $0.99 opening bid) for $0.75. That promotion ended on January 31st, so it will be interesting to see what my consignment sales look like in a month from now without things selling daily at auction. Unless they bring the promo back for a third time, which would make for a very happy craig rex.
Highest price sold (net): $66.03 — Fran Tarkenton 2017 Panini Preferred autograph /25
One thing that is interesting about the ultra modern card market is all the different sets that are made. Dozens each year for every sport and all the big non sports pop culture properties (Star Wars, Game of Thrones, Marvel etc) and almost all of them cost $100 and up for one box now. This has been going on for the last 25 years, so some sets have become iconic and heavily collected, and the less popular ones get manufactured for a few years and then replaced with a new set that will maybe become popular and maybe not.
But even dud sets have some valuable autographs and rookies. I’ve been trying to focus my eBay store on these types of cards more because they often sell within 30 days as long as I price them around their established value. That is basically the story of this card, autographed by Hall of Fame quarterback Fran Tarkenton. I bought it in November during the consignment site’s Black Friday sale from a seller just like me who ran a sale which brought the price of this card down to $25.25.
Lowest price sold (net): $10.24 — Udonis Haslem 2013-14 Panini Intrigue autograph jersey card /99
Sometimes the popular players aren’t the best players. Udonis Haslem was never the best player on the Miami Heat, often wasn’t even one of the team’s 5 starters, but he played with the Hear for 20 (!!!) seasons and it’s very rare for a player to stick with one team that long. His last eight years he was basically a coach who never played, but you wouldn’t guess that from his final game highlights. The Heat retired Haslem’s jersey a few weeks ago, so this is probably the end of a good run selling his cards, which always sold for slightly higher prices on eBay versus my consignment site because I pack more keywords in the title than their algorithm created listings do. Flipping is the name of the game with most modern cards, but there are still collectors who are huge fans of the team but casual collectors or only spend $ on their hobbies instead of $$$$, and I think these are the types of cards they buy.
-
-
AuthorPosts
- You must be logged in to reply to this topic.