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We missed a week posting our numbers. Life has been busy because we lost one of production coffee roasters. If you know of anyone who wants to roast c
[See the full post at: The Numbers: Week September 22-28, 2024] -
I had some great sales during the week you skipped. And, of course, I wrote over those numbers this week forgetting that I never posted them! For the record, I had $609.46 of sales and 15 buyers.
I did notice that Broad Porch was having an issue. I was looking to buy coffee a week or so ago, and the website showed that nothing was available. I was able to buy some coffee this weekend.
This past week paled in comparison, but I have all the numbers:
Week of Sept 22 – 28
Total Items in Store: 1804 eBay, 41 Etsy
Items Sold: 9 eBay, 0 Etsy
Cost of Items Sold: $16 + $15 Commission
Total Sales: $162.46 eBay
Highest Price Sold: eBay $45 for HS Henson Safety Shaving Razor
Average price: $18
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 18 -
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I am still paying selling fees. I don’t quite understand this change. https://finance.yahoo.com/news/ebay-scraps-sellers-fees-across-230100341.html
Sellers no longer have to pay fees on items except for cars, motorcycles and other vehicles.
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Week Sept 16-22
Items in Store: 3190
Items Sold: 45
Total Sales: $2,366.00
COGS: $299.00
Total Profit: $2,067.00
Average profit: $45.93
Average sales price: $52.58
New Listings: 32
Items scavenged: 42
2024 weekly new listings Avg: 41
2024 avg gross weekly sales $1,627.68
2024 Avg weekly Items Sold 35
2024 ASP $46.44
2024 projected total sales $84,639.58It was a fairly uneventful week. I created some listings, did some cleaning/organizing, and went to yard sales. I only bought one single thing at regular yard sales (more on yard sales in the hoarder update below).
During weekdays I don’t get much done other than shipping since I’m selling so much. I do create drafts at work on break/lunch but not much time to photograph – mainly due to my VERY unorganized work space right now. I just don’t have the time to really dig into it. I’m reaching critical mass and HAVE to do a major cleanup in the near future. Thankfully this horrible heatwave looks to be ending this week.
I found a deal to get a new iphone 12 for $75 via slickdeals.net. It should arrive today. This phone will only be used for ebay photography so my older kids can get back to listing/photography. Hopefully I can get 10-20 items a week out of them going forward. Something’s better than nothing when it comes to clothing death piles!
Premium Hoarder update:
Sold 13 items for $1370.
Some good sales this week. I appreciate hoarder weeks like this but I’m also glad I’ve built up my store so I don’t always have to rely on these items. They did another yard sale yesterday and I stopped by. I didn’t really expect to buy anything, but…I had to make a run to the bank. LOL! I bought a few pieces of clothes that I passed on last time, a couple odds n ends I missed before. Now, there IS stuff they’ve never brought out yet. This time they brought out his sunglasses collection for me. This was a minefield as there were clearly fakes littered throughout. I was very hesitant to buy anything but I did buy some. Since I’ve developed a good relationship with this seller I can take my time researching and be transparent about my process. That makes decision making much easier! I bought all of the Porsche designs glasses as they all appear to be real. I only bought 2 pair of Ray-bans that appeared real – multiple fakes in this brand. Some odds n ends brands. The highlight was a pair of Louis Vuitton glasses that are definitely real and sell for $700+. The Tom Ford and Versace glasses looked pretty fake to me. There was also a Gucci pair where the case was definitely real but the glasses were likely fake. I don’t think those glasses belonged to that case. I couldn’t find the pair that did unfortunately. I also bought a Louis Vuitton Clutch bag there at the end that she brought out special for me. Another big chunk of the COGS was a like new Kitchenaid mixer with a bunch of new attachements for $175. So I added $840 to my COGS for the hoarder collection. Next spring they’ll have some more for me. There’s still some golden goose eggs hidden in there they haven’t decided to part with yet.
This week when I started looking at these glasses in more detail I was shocked to find the pair of Cartier vintage sunglasses I picked up are worth $1000! They are from 1988 and are gold plated. When I initially saw them I was willing to take a risk, assuming they might be fake. They’re real alright! That was a shocking surprise that made this pickup even better.
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week Sept 23-29
Items in Store: 3202
Items Sold: 38
Total Sales: $1,707.00
COGS: $190.00
Total Profit: $1,517.00
Average profit: $39.92
Average sales price: $44.92
New Listings: 50
Items scavenged: 0
2024 weekly new listings Avg: 41
2024 avg gross weekly sales $1,629.72
2024 Avg weekly Items Sold 35
2024 ASP $46.39
2024 projected total sales $84,745.33LOL, I now look at $1700 in sales as a “disappointment”. CRAZY! $90k in sales is still a possibility, but unless things go crazy in Q4 I don’t think $100k is possible. I don’t think I’ll average $2800 per week in Q4… $2000? For sure. I predict I’ll average around $2400-2500 over the last 13 weeks of the year which will put me in the ballpark of $95k in gross sales.
This week the weather was poor. No yard sales and no scavenging. I spent alot of time on inventory control and cleaning up my garage office. It’s….better. I’m still a loooong way from where I want to be in my space.
Premium Hoarder update:
Sold 6 items for $610.
I only sold 1 pair of used shoes. I still have alot of high dollar items to list over the next month.
I did hit a few milestones recently. I crossed $50k sales minus fees, and $30k total profit after COGS.
My total COGS on this haul reached $19601 after what I bought this last haul 2 weeks ago.
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Hello trash elves. I’m going to dictate this and I can’t really sit Comfortably at my desktop right now. I’m happy to report that I only had to turn my store off for a couple days I had about $350 worth of sales last week while I was hospitalized which I did manage to pack and get out on my return. My store is back on. I’m just giving myself until the weekend to get things out so that my husband can help me if I need to move boxes. Everyone keep your fingers crossed that nothing sells that I can’t find easily. I’m going to be out of live selling business probably for at least six weeks. I do have some things to sell on Facebook marketplace with porch pick up and I really hope I can get back to listing on eBay within a week or two right now it’s just too uncomfortable with back pain.
Survivor is my guilty TV pleasure don’t under normal circumstances I don’t watch much television. And I was thinking of a parallel between that and online selling. On Survivor they’ve been talking about the new generation of players and I feel like it’s time for new generation sellers on eBay, there’s a lot more focus on sell through rate now – definitely more of a fast nickel situation for a lot of people is working better. I do believe some of that is changes They’ve made over time to the algorithm, which is not to say you can’t have a long game still and make it work with quantity. For me with the amount of listing that I am able to do, I feel like I need to be careful not just picking up things that are vintage cute but check into sell through rates a bit more because there is just so much quantity to be had when I’m able to source physically again And I only have so much room in the garage.
There’s an efficient person I’ve been watching on YouTube. I’ve mentioned her before tuition ain’t cheap. She only looks at 90 day sell through rates to make her decisions and looks a ton of things up. I’d really like to move things more quickly like that. My other thoughts stem from live selling where I’ve been able to watch people and see what they connect with. I feel like there are two types of vintage. Some people enjoy looking at, but it’s really not practical in their lives or they don’t feel the need to bring it home even if it’s intriguing, then there’s vintage that people feel fits into their lives. Lastly, it’s been interesting to hear about the young people having grown up with all that gray and plain business and now there are into Victorian style and romantic items. I hope well being laid up I’m able to catch up on some more trends.
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Hey @ChristineR, I’m so sorry to hear about your health problems. I hope you are feeling better and have been able to develop a system to sell what you can without too much mental/physical stress. If there are any areas where you get stuck trying to figure out how to manage things while you’re still less than 100%, please type/talk away in one of these posts. I think we’ve all dealt with managing our reselling businesses and life getting in the way of that, and it’s amazing how many times I read someone’s post and it helps me deal with a problem that felt impossible or unsolvable.
Be safe, and be well.
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Trying to keep inventory moving the last few weeks, and I’ve found that I have a really nice routine with eBay. Take some pictures during the day, list at night. I do my regular buying and organizing for the trading card business mostly in the evenings and late night, leaving longer stretches of time for myself most days.
It can be hard to find consistent time off when you work for yourself, and even more when you enjoy the work. There’s always something else to do! It’s nice to feel like the routine I have this week works better for me than my routine last week, or last month, or last year. I did a lot of organizing and culling throughout the spring and summer, and sometimes it felt endless. I could still do more of that! I’m staring at a few bins of stuff as I write this. But I will take a few pictures after I click submit, and maybe a few more this afternoon after I’ve cooked a nice lunch and spent some good quality time out in the sunshine. I’ve made a lot of progress this year. Even on days where nothing much is selling, or days where I don’t feel great mentally, I can see visible signs of my progress and that feels nice.
A lot of times building your reselling business is a matter of finding the areas where you can grow each week. Build pipelines, stay consistent, be patient, be flexible and keep learning.
9/22/2024 to 9/28/2024
Total listings: 342 (down from 360 two weeks ago)
New listings this week: 34
Items sold: 26 — 8 via best offer, 13 via seller initiated offer, 12 via advertising
Gross sales: $1338.07 (down 42% from one year ago)
Net sales: $781.36 (down 48% from one year ago)
Average sales price: $51.46 (up 32% from one year ago)
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I sometimes wonder how I would manage if I was full time ebay and didn’t have a day job. It’s even more complicated for me as I have a huge family and I would be around them constantly.
Alot of the tools I use now would still be applicable – working in focused spurts and accomplishing as much as I can in a short amount of time. For instance, the other day I needed to do something by a certain time so I went out to ship and literally set a timer for 20 minutes to get my task done (ship only the items due to ship that day). That timer kept a sense of urgency in play that kept me on task with a finish line in site.
Now when it comes to time off, that would be a hard one for me. If I didn’t have a family I know exactly what I would do – ebay. All the time. Sunup to sundown. No question in my mind. It would consume me. Having the limitations imposed by having a family makes me so much more efficient.
One thing I would recommend to you is to use the restrictions on your phone to lock the ebay app ( and any other time wasters) down when you are “off the clock”. Create a random password and print it out. Only look at it long enough to type it into the restrictions after setting your app off times so you can’t memorize it. Then lock that password away in a way that will make it painful to access, but still accessible if needed. Something like a piggy bank you have to physically destroy to get it out and will cost you money to replace.
I would need to do that even more along with a schedule. I can’t just tell my family I’ll be “on the clock for 8-10 hours.” There would be alot of breaks where I come in and help out where needed.
There would need to be several possible schedules – the minimum, optimal, and the “Whoo boy we got extra time today lets kill it!” schedules. Imposing deadlines, setting timers, reaching for metric goals are all tools to keep work time focused and productive.
I’ve had days where I go out to the garage without a set plan of action and I am pretty worthless – either standing around looking at stuff or get stuck on a google search tangent. I HATE those times but they happen.
TL:DR:
- Have a schedule of minimum required work each day
- Work in focused blocks towards a goal line.
- Have a work stoppage point each day that includes digital cutoff as well.
There used to be a guy on here named doublythumbs. He quit his day job and went full time ebay. I was a bit concerned as his weekly checkins it seemed like he lost a bit more focus and was doing less and less each week. That’s a bad place to be when you no longer have the day job to fall back on! He quit posting – I hope he figured things out.
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