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The etsy mobile interface for sellers is cumbersome, which is why I have not continued it!
I will cross post high dollar vintage items (I heard Mid Century does well), which I consider worth the time to re-list. But nothing under $100. No sales yet on Etsy for me.I have sent my last bulky/heavy using Fed Ex Ground, which was not that much more expensive on a few items. Quicker than Smart Post. This was for a large 3 foot statue lamp and also an espresso machine.
I feel like it’s always $29.99 no matter what.Jay – SO true! In my area there are auctions all of the time, It is really ripe here in the Midwest for cheap picking in certain categories. I am going to start moving out of my comfort zone on those “last call” estate days and sales so I can get to 500 items cheaper than I have been.
I am going to try an auction soon. Moving into hard goods has been SO great!Thanks for your reply.
T-Statt – Thank you for your thoughtful reply and guidance.
This is exactly what I am wondering and your sound approach makes sense re: the $400 re-investment based on my model.
Capping at $400 is doable as some weeks are higher. Keeping the growing nest egg in my account makes me happy, too, and keeps me motivated.
I have no storage problems (big basement).Jay – thank you for your questions. I would like to get to 500 items by August this year (so 6 months).That is 150 more than where I am now! So, an average of 20 new items per month. Totally doable.
My problem /anxiety really stems from feeling like some weeks I am wondering if I was robbing Peter to pay Paul. I realize it’s the way it goes. I think February was just the worst I have had in 1 year since I started, I was like “uh oh, better stop sourcing.”Hi! I will post this in the intro area as well.
I have been selling 1 year part time in the Midwest.Where do you source for inventory? Estate Sales, Thrift Stores.
–Do you specialize in any categories? Started in clothing/shoes and moving into smaller hard goods/old books/decor/nostalgia. I love picking up espresso machines and espresso parts, too 🙂
–How much do you pay for inventory? Average $2-$10 per item depending on returns. I pay up on items due to what’s available near me/time.
–How many items do you have in your store? 350 and climbing with $10,000 total inventory listed.
–How much do you sell a month? 30-40 items per month/$1,000-2,000 average.Yes, I need to seek out the cheaper auctions/bigger lots. We do have Goodwill Bins here that I could seek out/make trips to. I would love to get my next 100 items for $500 investment. eeek!
02/26/2018 at 9:40 pm in reply to: Scavenger Life Episode 349: Having A Huge Inventory Is Not The Goal, It’s The Strategy #33949First timer for posting here on weekly:
2/18-25
Total items in store: 350 average
Items Sold: 17
Total sales: $447
Highest Price: AKRIS Silk Women’s Blazer: $89 + Free ship
Cost of goods sold: $82All in all, a better week of all Feb. I chalk it up to running 25% Off clothing sale and doing a listing binge.
Hi all Still wondering about these Jesus Christ mini sculptures. Any ideas? Thanks for looking!
I am more inclined to play sausage stuffing party with these if I’m offering Free Shipping.
I have stuffed in denim jackets, bulky sweaters…. I sell high-end shoes and would LOVE to finagle them into that size but always worry it’s not firm enough. I will checkout those special boxes!Not sure if you listed it, I had 2 I listed in past. Both buyers came back to me after-sale asking for partial refunds and a list of problems w/ each camera. Since I didn’t know about photography equip, I “assume” they told truth.
in spite of me saying ‘as is” I still did partial refunds and was so irritated.
So, I stay away now for most part on things I can’t test 100%. I sold each for $45. -
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