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@almasty Well she’s doing something a little better than me as she sells about 25% more than I do and I have a large store with quality items. I think that’s my problem though. I have a lot of higher dollar items and I price them high and accept best offer. I think she prices at the lower end so she ranks higher in search and sells faster. I imagine she does have some wisdom to share, but I can’t afford to shell out $200 for it. I will just continue to read and learn from other sellers for free.
$200 is a bit steep for me for classes. I’ve been doing this for so long I think I can run classes lol. She does sell more than I do, but not by much. I know I have to lower my prices. That’s the only way we are different. She is a faster flipper where as I am a slow dime kind of girl.
One thought. When they say one monthly bill with all fees, does that mean they are going to add the transaction fees to our monthly bill? That would be horrendous. It’s bad enough that I have to pay over $1k per month at one fell swoop, but now it will be even more. WHY can’t they take out all fees per transaction like Paypal? How hard could that be?
Ugh. Thankfully over 15% of my sales are via GSP so I’m exempt for awhile, but the writing is on the wall.
I have no idea why I’ve been hesitant to list this. I guess the seal of the US Govt intimidated me.
I like sending offers in the evening with the hopes someone is enjoying their second glass of wine or what have you. I like to envision them being more apt to part with their money then. 🙂
@Elle I cannot say no to Chico’s if it’s a good price. Yes it might sit for a year or two, but I just can’t walk away from a nice Chico’s piece. Especially if it’s like a silk jacket in an Asian style. I’m goner lol. The ups and downs are just so puzzling. I’ve always laughed at the people who talk about their stores being turned on and off. While I still don’t think that’s the case, it sure feels like it sometimes!
@Mark Unfortunately I cannot keep enough hard goods in stock to make 6k – 10k per month. Clothing allows me the ability to make those kinds of sales because it’s more abundant. A few years ago I hit the 10k monthly goal regularly. Not so much anymore. I do enjoy hard goods, but I just don’t find a lot of them. Estate sales would be great for that, but I can’t often get to them because I have school age kids at home still. But once they graduate I will be hitting them hard.I also feel like it’s time to start educating myself more on certain hard goods so that I recognize desirable items. Vintage jewelry has sold well for me, but I’m not good at identifying brands. Also, I love selling perfume, but not all vintage perfumes are desirable. Must start reading more on those subjects. Glass and pottery are too vast and overwhelming. And art is way out of my wheelhouse of knowledge. There have got to be other items of interest that I can find that will sell if I cut back on clothing. I just need to figure out what those are. I guess we’re all doing that, right?
@almasty What price points do you set for your “low end brands”. Do you charge shipping? And what is an example of a low end brand to you?
Jay, $1000 a week is fine if his tuition was my only bill. I also have three other kids who are in activities that require $$$. We are also taking our summer vacation in August and that has associated costs as well. August is always a cash hemorrhage month for me. Between back to school, college tuition, summer vacation… it’s a lot. My husband calls it a self inflicted wound. He is not wrong.
Julie, yeah I’m trying to stay away from the racks and it’s like cocaine. Must get that hit. I did find some very expensive mid century flatware from Denmark last week from GW. I paid $3 for it and listed it for $600. I wish I could find that every day.
12k per semester.
My bigger concern is that I’m out of touch with what’s desirable right now. I mean, I read all about the latest brands and I watch countless videos on this stuff while I list. I find expensive brands often. Eileen Fisher, St John, Betabrand, AG Jeans, Chaco…. these are just some examples of brands I gravitate towards. I’m starting to doubt my knowledge. I found 9 pairs of new Vionic shoes last week and only one has sold so far. And they’re sandals which is perfect for the season we’re in.
Or maybe I’m pricing too high which is entirely possible. I price on the higher side with the best offer option but I’m not even getting many offers lately.
I’m seasoned enough to know that summer is slow. I get it. But man, those $40 days are like a blood letting.
And that credit for shipping is only up to $6. Many of my items go flat rate priority for $7.33. Well, at least it’s a step in the right direction. I’ve had way too many false inads lately. Last week a woman ripped a hole in a jacket new with tags to avoid paying the return postage. Seriously.
@mycottage We have an Airbnb on Mt Desert. Super excited to explore the area with our two pups. We have 3 of our kids heading up with us and a USAF wife of a deployed buddy of my oldest (in the Middle East currently) along for the ride. Should be fun!
We’ve gone for a few years now as we are a part of their D.C. lobby team, but this year we chose to go somewhere as a family. We’re off to Bar Harbor this year in search for our northern property. Much lobster with butter will be consumed. I am slightly jealous of everyone at Open.
I have been listening to the podcast for years. YEARS! And I never noticed a stutter. If I had, I would’ve had something called GRACE and CLASS and never mentioned it. That person is a douche bag. Plain and simple. I don’t like name calling, but I’m making an exception this one time.
@sonia I’ve never put dimensions into my listings.
