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How fun and rewarding!!! I love your enthusiasm for your newest life adventure:) Thanks for sharing with all of us!!
I have three stores, one was clothes and hats only, but I’m transitioning it to very small items that I can take along on road trips to ship from the road (so I can leave one store turned on). The other two should really be combined. In hindsight, I wish I had stuck with one store:) I rarely get a repeat customer in any of the three. And signing in and out of each store when listing/selling and checking offers is a pain and a time waster. I sell one of a kind items, mostly vintage. Hope this helps.
Sure! I just recently discovered Google Lens. When researching, sometimes getting key works to research or even knowing what an item was used for was hard and I’d often go down a rabbit hole.
Most of our product is from weekly auctions where we buy “box lots”. I’ve learned over the years, that what I think is valuable and what really is valuable in those junk boxes varies greatly:)
Now I just open the google app on my phone, point it at every object and snap a photo. Usually, Google will tell me what it is and where it’s listed and at what price. I can then decide if it’s worth listing. If I decide to list it, I will usually search ebay solds to get a better idea of a listing price. 90% of the time, Google is reliable. BUT, sometimes it fails too and a bit more research on my part is required. I can research so many more products in a much shorter time using Google.
Our Store Week August 21-27, 2022
Total Items in Store: 503
Items Sold: 9
Gross Sales: $529.39 (including eBay fees, shipping, and taxes)
Net Sales: $360.38(minus eBay fees, shipping, and taxes)
Cost of Items Sold: $12
Cost of helpers: $0
Highest Price Sold: $177.12 (Antique Pair Robert Findlay Art Deco Wall Sconce Lights)
Average Price Sold: $58.82
Returns: 0
Money Spent on New Inventory This Week: $24
Number of items listed this week: 8Scavenge of the week: big set of Corelle dishes for $9.99 and a Hallmark Jan Karon Mitford Series House in the bottom of a $3 auction box. I had no idea it was collectible until my intuition said check Google Lens! It had a small chip on it, but already sold this week for $75!! Google Lens has changed by ebay listing and research life!!
Beautiful piece with a sad ending. Glad the buyer was understanding. Like you, we rarely have to make a claim, but always nervous till it goes through as expected. Great buy and great sale though.
I’m with you guys! After giving QuickBooks more time than I wanted, I switched to Wave. It’s free. Much easier to navigate too.
I downloaded all my godaddy CVS files from previous years as a back up and saved in my Google Files. Going forward, I will manually enter end of month total for sales, total fees and total shipping fees from eBay and Etsy.
I also Set up eBay and Etsy to send me monthly reports and will save them as backup in case I ever need to prove what I’ve sold.
I didn’t even connect a bank account this time since I use my personal account for deposits and expenses. I’ll just manually enter the expenses and save receipts.
I’m going simple this time. Basically those are the items I recorded in GoDaddy.
Wave will also let me print profit and loss reports. I did not see a place to print a schedule C, but my accountant should be able to pull the information from the Profit and Loss report I hope:). When I went back and looked at the info my accountant used from my year end reports, the fees were never broken down but lumped together in a category called fees.
I’m not a large online seller. While this works for me, I know it might not work for all.
It may not have been the vacation setting Jay. We had a dismal week and we were running in the full ebay mode. 3 items sold! Not even worth posting my numbers:( Total net sales of only $103.
Highest price sold was a lot of 5 Bratz dolls for $50.
We will be traveling for 6 weeks soon. I’m trying to figure out how to do that with the new time away. Probably put on no sales time away mode for a few weeks and then switch to changing handling time in business policies. If anyone has a better way, please share! I’m open to suggestions.
Steve, my husband and I were remarking on how much you know about vintage electronics when we watched your videos last night. My husband eyes the electronics/stereo equipment when we are thrifting and at auctions. I always say only if he is going to do the packing and testing. So far, he’s backed off:) You certainly have found your niche!
Our Biggest sales last week were a couple of vintage magazines from the 80’s. One was an old Record magazine that featured ZZ Top and the other was a Sports Illustrated with Michael Jordan from the 84 Olympic Dream Team. Found in a death pile (magazines are not my favorite thing to research:) They each sold for around $45.
Thanks for faithfully posting your what sold video each week. We always watch but sometimes forget to comment.
@Green Dragon: I feel the same way about the slump. It seems more normal this year for us as opposed to the pandemic/stimulus wave we’ve been riding the past few years. While I miss the wave, it feels so good to have life return to normal again.
@Jay: Love hearing how much you are still enjoying the coffee shop. Congratulations on your best day! We still do live auctions here, two every Saturday. My favorite day of the week! I’m sure you know about auctionzip.com for finding local auctions near you.Our Store Week March 20-26, 2022
Total Items in Store: 514
Items Sold: 7
Gross Sales: $356.74 (including eBay fees, shipping, and taxes)
Net Sales: $244.22 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $26
Highest Price Sold: $49.99 (1984 Sports Illustrated)
Average Price Sold: $50.60
Returns: 0
Money Spent on New Inventory This Week: $30.50
Number of items listed this week: 11Sold 2 magazines this week from a death pile that I tackled a month ago. One was a Sports Illustrated Michael Jordan Olympic Team from 1984 (49.99) and the other was a vintage Record magazine from 1984 featuring ZZ Top (45.99). Not my favorite thing to list, it took me several hours to research the pile and figure out the ones worth listing. But, I was tickled when these two sold. Both went overseas via the Global Shipping Program.
I hope this is just a rumor! I LOVE GoDaddy. They’ve always been quick to address any issues and most of the issues have been an error on my part. Do you have a link to the post where you read this? I couldn’t find anything regarding it being cancelled when doing a google search. Let’s hope if it’s true, it will be at the end of a calendar year.
Our Store Week January 30-February 5, 2022
Total Items in Store: 519
Items Sold: 7
Total Sales: $335.68 (including eBay fees, shipping, and taxes)
Net Sales: $222.31 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $9
Highest Price Sold: $59.99 (1948 Alden’s Catalog)
Average Price Sold: $47.95
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 10
Working on death piles since we were snowed and iced in for 4 days. Listed a box of old catalogs from the 40s, a couple have sold. Also sold some things from my in-laws house clean out, old valentines and such. Felt slower than normal last week, had a couple days of no sales.
@millionairedojo: Thankful you were at the dumpster to rescue the items. My biggest fear … my kids will back a dumpster up to the front door when I leave this world. Also have a couple of antique booths …it’s where I put the stuff that I don’t want to list for a variety of reasons. I call it my on going garage sale:)Jay, love that you had a simple week doing what you love to do. Those are precious. One of my goals in life is to be gentler with myself. Stopping to do something I enjoy throughout the day: a warm drink, a good book, a little nap. Thankful for eBay that gives me the opportunity.
Steve I was excited to see Mrs. Maisel in your header! Loved that show and if you’re selling to them it must mean they are back in production:)
My big sale this week was a bible. I picked it up for $2.50 at a thrift store because it was soft leather and they usually sell well. BUT, after some research discovered this was a hard to find Polygot Bible. Solve for $487! So tickled. Hubby and I are pretty sure that’s the biggest sale ever for us on ebay!!
