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Sales are just ok. In the past this weekend has not been good for me on EBay but my store is three times the size now.
Retail arbitrage wise I find the best online deals are usually the day after Christmas (and in store this day), late January / February, and mid-to-late summer. I bought my Christmas RA before Halloween so I’m not sourcing this week. I am seeing pretty good deals on electronics.
I’m grateful to say there is not a lot my family needs. My husband and I are splurging on Eagles concert tickets for the family as our gift. We passed on so many great concerts this year but are really into music. I also am due to upgrade my phone, which has been overheating lately. Verizon is running a deal and our contract is up.
Hope everyone had a nice Thanksgiving. I hope to hit listing very hard this coming week when my daughter is back at school.
I agree. I was happy to hear that Justin Resells had the same listing process as I do. It made me feel like I’m being efficient as possible unless and until they improve the app or simplify the process.
I am not worried about sourcing. However, my friend does sell shoes and he seemed a bit bummed. He haunts Goodwill because it turns over incredibly fast and is centrally located so it’s his favorite. I have the advantage of leaning toward breakables and other things fewer new sellers are interested in. However as my store grows I may be looking for more of a balance for packing time and storage space reasons.
I’m so impressed with your consistency. I am not a goal oriented person but I should really get on a better track next year. Kudos!
Total Items in Store: 1134
Items Sold: 16
Gross Sales: $798.18 (including eBay fees, shipping, and taxes)
Net Sales: $427.27 (minus eBay fees, shipping, and taxes)
Cost of Items Sold: $145
Highest Price Sold: $168 (Signed art print, paid $12 or $14)
Average Price Sold: $49.89
Returns: 1 but not shipped.
Money Spent on New Inventory This Week: $80 thrift xmas boutique + 10 thrifted + 25 Target RA
Number of items listed this week: 24I’m happy for all of you having good sales. My sales were just ok, but I fell down on the listings again this week. My daughter is off school and we are out of town for a memorial this weekend, so this week will not be good either.
@Jay so wonderful to hear about your shop and I’m thrilled it feels the way you imagined. Fall might be even better than Christmastime in a coffee shop where you live… You’ll have to share your playlist sometime. Hope all is going well with the cafe.My daughter made a comment about the inventory growing and I’m thinking a lot about my store growth and direction. I’m also thinking of moving more toward the fast nickel from my very slow dime position.
Been listening to some podcasts and thinking about my model. This techie friendly guy https://www.youtube.com/@justinresells is very concise and is building a new app for Ebay resellers. I might be interested for inventory management and COGS recordings. He is taking requests for beta testers. I heard elsewhere this week that there is three years of Terapeak data available now. In local news, one of my picker buddies is seeing a lot of new resellers. I’m really glad I’m not hunting for clothes. He said there is a new guy always at Goodwill too looking everything up on his phone. Makes me happy I started earlier, found my niche and know some things by now. Perhaps I will get cornered into selling mostly linens that nobody seems to care about…
https://www.ebay.com/itm/235220034492 I sold this find of the week from a few months back.
https://www.ebay.com/itm/235092507949 My highest sale was this signed art, paid $12 I think.
https://www.ebay.com/itm/235284865089 My favorite sale though was this cup that I bought at an estate sale for pennies. I was bummed when I went to list it and found it had a chip. Listed it anyway and here is the feedback: “Arrived safely. Will repair cup The Japanese way! Skip Lyman’s work is magical for me. Martha. ” How great is that?
The Pure Hustle podcast guys were skeptical but promised to check it out and report back soon. I haven’t tried it as I heard about it after I had that terrible week of sales and my sales have been pretty decent since I’ve known.
I went to the Christmas sale at my favorite thrift and it was actually kind of disappointing. Their prices were higher and getting out of comfortable reach for resale. They for the first time decided to limit the amount of people to go in and I just missed that first big group by a few. I did buy some Pottery Barn Christmas and non-Christmas linens, which as usual were being ignored by the first group of shoppers.
Last weekend my daughter and I stopped by the Goodwill bins (on our way back from going out of town) for only my second time. This time it was WAY more crowded. We got to see the bins coming out process and everyone attack them. LOL. It was actually pretty civilized but a little bit of personal space issues. I went through the hard good bins that had already been attacked and found the following items that had been passed over:
https://www.ebay.com/itm/235303336537
https://www.ebay.com/itm/335127010099
https://www.ebay.com/itm/335127032018
https://www.ebay.com/itm/235305820510
https://www.ebay.com/itm/235305826615
There was at least one or two other women looking for vintage linens in the soft goods – pulling out afghans and such. I didn’t find anything good and complete despite sticking around and getting into the melee for a bit. People seemed to be respecting the carts along the edges of the room but I did see some men keeping guard there too. There were a couple groups of Gen Z boys digging into the clothes. The whole scene was facinating and it was pretty fun. It would be interesting to go during the week and see what it’s like.
@VL so sorry about that loss of things and time.
@VT I kind of forgot about approaching 1000 listings on my store. I have multiple quantity so I’m still under 900 but thinking of this kind of adds a bit of emphasis on my present thoughts about shifting away from the slow dime approach a bit.
I only listed 21 items. I wasn’t really feeling Ebay mojo this week for some reason. I am backed up with a bunch of stuff in my office and want to try to clear that by Wednesday. The office is attached to the dining room and we are hosting a bit of family… I hope when I put it away it’s all listed.
@Jay exciting! At least you are not in the venture alone. Love the mural!
Excellent points. Ebay needs to lean into its used business. It’s a strong trend among young people and they are still lacking focus and losing out on advertising opportunities. Started their Xmas campaigns after everyone else. Etsy is running a smart Christmas Gift campaign. eBay seems focused on squeezing sellers instead. Some attribute this to short term goals of the current leadership.
It was interesting at one point they recommended 13 specific products to push for Google (most or all new items) and said for the $5.00 I’d probably get 50 clicks.
As far as others’ products on your page, the Bearded Picker compares this to a knee in the privates. lol. It does make it hard to play a slower dime game. I’m getting a lot of questions about measurements because they can’t see that item specific online without expanding.
@Craigrex no just one store. I sometimes post other people’s listings in my scavenge of the week if I haven’t listed it yet.
Good luck with your china when you get to it. Mostly I focus on 50s-60s pottery dinnerware rather than sets of China but occasionally I go in on serving pieces of porcelain or china. As someone said I don’t want to be a replacements.com. It’s really nice now that Google images is pretty good at identifying patterns.
https://www.ebay.com/itm/335099112701
Estate sale find. I was not on time but still found some vintage Christmas. Someone had been through it before me, must have been just knowing about ornaments? This was a quick sale at less than the prior solds, running $60ish.
https://www.ebay.com/itm/235282237730 Found this at the flea market, paid $10. Was not careful and did not notice the small chip. This is a hard to find piece in a desirable pattern, so not really sure the value. I put the high price on and will probably lower later.
https://www.ebay.com/itm/335102535015 There’s something I love about the art on this little pan. Not sure exactly what it was meant for.
@Ebaymom one is just bulk sell similar that people are talking about, which I have done. Apparently, some are saying you can also call Ebay and they can “flip your switch” or something if you complain about slow sales. I assume the theory is that there is some sort of rotation cycle and Ebay can move your store up on request. Someone I listen to is supposed to dig in on this and report back. We’ll see…
