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I sort of agree overall. A SL member who has sold a ton of clothing on Ebay [Cyndi] “Amazing Taste”.. has been lowering prices for some time now. A quick glance shows.. out of 709 items in her current store approx. 400 [over half] are all under $15.99 and a bunch have Free Shipping on top of that.
We don’t watch clothing much anymore but our daughter, her friends and others we know, all shop on PoshMark or other similar platforms as opposed to Ebay. Our daughter says Ebay is just old fashioned just like you mention, as far as a shopping experience goes.
We have 3 tubs of some of her clothes she has outgrown through the years and we even have some that still have tags on them but see many sellers of these non luxury brands selling for $9.99.
Also u mention that many others are getting in on selling there stuff. Well nobody researches their “stuff”, and price according to a few “quick looks” at what others are selling at and they just keep going lower and lower. Nobody is trying to shore up the market, just under cut and dump. My neighbor says easier than having a yard sale, putting out signs and having to stay home and bake in the sun all day.
But as Ryanne and us too say, where else are you going to find a rare piece of Italian art glass for your collection other than Ebay.
Mike at MDCG in Atl
Here are the top sales in the top 12 states since 2013 [as far back as WonderLister goes for our database]
Georgia is in the middle sort of for last year and all time. But again if they exempt $200,000 or less in Sales OK. Don’t think number of sales would be used because you could have 50 sales at $10,000 each, they would want the tax on the dollar amount.
Buyer state Buyer country C u rre n cy Qu a ntity Sale
amount
TX United States USD 148 4675.97
CA United States USD 135 5308.59
FL United States USD 88 3145.49
NY United States USD 88 2838.71
GA United States USD 56 1480.11
PA United States USD 55 1713.16
IL United States USD 55 1662.94
OH United States USD 50 2003.39
Ml United States USD 45 1217.74
VA United States USD 40 1060.46
MA United States USD 37 1170.67
NC United States USD 36 1037.97Here are the top 12 states we sold in and the number of Sales and dollar amount in those states for 1/1/17-12/31/17.
Buyer state Buyer country Currency Quantity
<>=;> amount
CA United States USD 36 2363.31
FL United States USD 35 1144.68
TX United States USD 32 1368.37
NY United States USD 26 708.1
GA United States USD 24 722.48
OH United States USD 23 937.47
Ml United States USD 19 486.67
IL United States USD 19 729.48
PA United States USD 17 504.2
MA United States USD 15 503.65
VA United States USD 15 374.51
TN United States USD 12 722.5Our average Sales price per item Sold was $43.25 x 479 items = $21,718 [Boy these numbers are just so easy with SixBit and WonderLister, just a click of the button]. So, I would assume we are small potatoes as far as Sales Tax goes or if there are exempt limitations. But as we grow and double at least all T-Satt, Mark S, others and myself have tpo do is click a Sales Tax report from our apps.
Only had 5 Sales since 5/23/2017 [little over a year] for $185.43 Total despite it having all of our feedback and hundreds of listings from Ebay. The synch number is off by about 30 or 40 items. Considering I dont do anything to maintain it, guess that’s $185 I wouldn’t have had, but what’s the point unless I need to figure out something that can be done that doesn’t cost anything to “apply some juice”.
I thought I heard Ryanne say that she was deleting all of their stores items off of Bonanza. Well I think this may be why we, personally, haven’t seen a Sale since last fall. They are pushing Store Memberships now along with their original “Turbo Boost” for traffic “juice”. So agagin as I said earlier, you pay us we will show you to customers, pay us more and we will show you more. That is just like the Angies List, Service Magic, Home Advisor or Kudzu. If you are a home remodeler, service tech or home handyman, plumber, electrician, etc. you pay us for leads and we will give you contact info for those who respond to our advertising.
Here is some of the content in an email we got from bonanza today..
follow this link: https://www.bonanza.com/memberships?utm_source=BonanzaDirect&utm_medium=email&utm_campaign=anniversary_sale
Anybody on SL doing / paying for these tools and extra exposure on Bonanza? If so, are you seeing any benefit? Anybody even getting any sales since the fall off of Bonanza? Just curious.
Well that is totally cool. From the look of the house-architecture seems like old Atlanta. Was it around the Grant Park / Zoo area. Sure seems like it would take a major renovation to be turned into a bed & Breakfast.
Hey… Didn’t know you were in the Atlanta area. She is middle aged, un-married so she is alone, EXCEPT for two dogs. A mid-sized hound and a full sized Dalmation. She needs a fenced in yard, so she thought out in rural area to find a good sized yard.
I used to also be a home remodeler and spec home builder [for a while besides my art and printing career] and I told her we could maybe find something inside the loop, buy it, demo and rebuild as others are doing in that area. Also she is seeing some of those total re-models being flipped by re-habers and re-sellers in a price range she can afford. That would be the best of both worlds. Inside the loop in the Dunwoody area and with a back yard.
Any tips or pointers for her would be a great help.
Thanks,
Mike at MDCGFAThat’s great. Funny as it can be. 🙂 It says “Floral Fragrences”. HaHa . Wonder what your breath smells like after you drink it?
T-Satt. BTW.. doing all SB tutorials today. Liking it more and more. Has many things i had to get WL to code for me already built in, plus I can understand John’s voice so much better and the videos are much more thorough. Thumbs up.
Mike at MDC Galleries and Fine Art in Atlanta
Hey Julie B. … Heard the radio advertisement this morning first thing along with first cup of coffee. They were, as you say, announcing the multi-millions of dollars that the “new online sellers tax enforcement” was going to bring to the state. Wonder if they are already figuring out what to spend it own. Another radio station was saying they were going to target the “larger, higher dollar items” like furniture, appliances and home remodeling products first but no mention of the size of the seller.
Think they are figruing they want the 6.5 or whatever percetage of a $2 to $4,000 dollar sale first as opposed to a $25 dollar sale of a used brass candle holder :-).
Since we are resellers and incoporated and have a Federal ID number and a Tax Exempt Certificate can we start using it to be exempt from paying Sales Tax when we buy stuff from others online. It may help save us the tax percentage as a buyer? And wonder if we will start getting buyers from us, who are resellers giving us their tax ID exempt certificates and if we will have to keep those on file? As you say, tons of details to go through.
Our daughter just relocated back to Atlanta from Orlando due to a nice promotion and will be settling more over your way. She handles the Mercedes Benz and Porsche accounts and will need to be close to the corporate offices. She will probably be looking up GA 400 and I-75 North of Alpharetta. I know you are further up but she will have to use those routes to commute down to I-285 / Dunwoody area. Boy, that is an interesting commute. Just for information for her, how long does it take you to reach the I-285 loop?
Mike at MDC Galleries and Fine Art in Atlanta
Oh I definetly agree that many of the bigger stores will just hire a few more people aor add a dept. and Bingo it is done. And they will keep growing, but those bigger companies do not buy unpolished, dirty, rusty 50 year old oil lamps, tarnishing silver plate, art glass vases, old erector sets, 50 year old post cards and sell them.
I know a bunch of sellers who do not even know what SEO is, can’t write formulas for spread sheets, write html code or know what a relational datbase is or what and how it works. Those folks will just have another wall – hurdle for them to climb. Then the others who are about at their limits, stretched too thin, the “Peter’s Principle” is just about to get them and this will be the final straw and just give up. It will be a lot of those 17% sellers you guys talk about that I would hope thin out to some degree.
But yes you are right, those equipped for fast commerce will adapt in a heartbeat and expand thus your e”evem nore competition” will apply, I just hope they don’t stop buying solidered tin decor from China and start showing up at our estate sales and auctions. Can’t see a Wayfare buyer sitting next to us at last weeks auction. LOL.. funny 🙂
Anyway you are correct within those guidelines.
Love the phrase, ..”those that survive will thrive”. Getting into the weeds, details, numbers, ratios, tax forms, legit stuff is not for the broad brush sellers. Many of the old antique people keep their receivables in their left pocket and their payables in their right. Even many corporate guys loved guys like you and I who crucnched the numbers or were the minute detailed operations guys with the clipboard and stop watch.
Yep those of us on sixBit, WonderLister et. al will just automate the whole process and .. “keep on truckin”!
Point about Bonanza.. I think I may be with Ryanne on deleting all the stuff off Bonanza. It is not even close to being synched with Ebay and I am now getting a bunch of emails about buying different tiers or levels of tools for the Bonanza store. You want more exposure, then pay us more. I haven’t had a Bonanza Sale since fall of last year. If it is synched with Ebay and all items are present and accounted for then why pay them anything extra.
I bet if you give a pencil and paper to random people and tell them you will give them $10 for every online buyers platform they can think of, most would not even list Bonanza or TrueGether as a shopping channel-platform. But just my opinion.
And maybe the hidden silver lining is that many of the smaller sellers may not licenses or FEIN Tax numbers or their state numbers which will force many to just drop out on the online selling game. Then those of us who are legit or Incoporated, or LLC’s, Sole Props, will have less competition, less sellers placing extremely low prices and the rest of us will benefit somehow.
And if as SC Joe says, a big if, they keep it simple somehow then maybe be easier.
Julie B. I finally got the state of GA. to put me onto only filing Sales Tax within GA. once a year [End of Dec. each year]. It took six years of having to file monthly and doing the county, region thing. Most of the time it was zero sales anyway, but still a pain. Now that I only have to file yearly, they only ask for the years total sales, then the “total” sales in GA and I do one check to them for one amount. When I asked my CPA he said only if we were ver audited, then maybe, but only maybe they would ask for a breakdown, but with our software only keeping state totals, he said he would give them that number and if they wanted more, he would tell them to have at it. But in his whole years of experience he said he has never seen an auditor request the county breakdown. But, still now that we only do it once a year, it is one total amount of sales times the state tax rate.
He also said that the total GA sales was almost insignificant in dollar amounts. And by paying with the higher percentage tax rate that in the counties or areas where the rate is lower they would proberly owe me money back, but again just small dollar amounts.
mike at MDC Galleries and Fine Art
T-Satt sent u a PM. Chk ur email or junk mail.
Thanks,
mike at MDC Galleries
