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I’ve sold a couple lots over the last few years that I have called “Junk Piles” where I have bought a box of vintage toys, and random parts for Transformers, He-Man, Hot Wheels, and other 1980’s toys were in the box with nothing to go with. I’ve put them all together in one auction lot, and they sell – but not for $50 – usually for $10 to $20.
03/14/2018 at 9:18 am in reply to: Scavenger Life Episode 351: Being Frugal Is Not A Secret Club #35140Yes – I’m just barely across the border in Canada (just outside Niagara Falls).
For GSP shipments coming to Canada, I know that they leave Erlanger, KY by truck and head to a customs processing facility at the Pearson Airport just outside of Toronto.
Once they clear customs, the items are re-labeled by a Pitney-Bowes processing center with a Canada Post shipping label and tracking number and handed over to the post office for delivery.
03/13/2018 at 4:09 pm in reply to: Scavenger Life Episode 351: Being Frugal Is Not A Secret Club #35070Just listening to the Podcast, and to answer Ryanne’s question about GSP with free shipping, for an international buyer like me, the free shipping only is to Erlanger, KY.
I will still have to pay the Pitney-Bowes GSP shipping fee, as well as Customs/Duty on top of the item price.
For items without free shipping on GSP, I pay for shipping to Erlanger, KY on top of the other fees mentioned above.
Lying on a customs form can be costly. If you are a trusted traveler (in a program like TSA Pre-Check, Nexus, Sentri, Fast Pass, etc) you can lose your privileges as you are now dishonest to customs officials.
You can also earn a “red flag” beside your name for future shipments or anytime you cross a border.
How to redeem your Coupon
1.Shop for eligible items. (See below for exclusions.)
2.Pay for your item with by 11PM Eastern Time on March 9, 2018
3.Enter the Coupon code in the redemption code field: PSPRING20
Terms & Conditions
The Coupon is a 20% discount, valid from 11:00AM ET on March 9, 2018 until 11:00PM ET on March 9, 2018. Discount applies to the purchase price (excluding shipping, handling, and taxes) of eligible item(s) of US $25 or more and will be capped at a value of US $100. Only eBay members registered with an address located in the United States or Canada are eligible for the Coupon. Eligible items exclude items from the Coins & Paper Money, Gift Cards & Coupons, and Real Estate categories. Coupon can be used once within a single transaction (or cart), while supplies last. Any unused difference between the discount amount, as shown on the Coupon, and the purchase price of an item(s) in a single transaction (or cart) will be forfeited.
Coupon is subject to Canadian and laws, void where prohibited, not redeemable for cash, has no face value, and cannot be combined with any other Coupon, or when paying with PayPal Credit Easy Payments or Gift Cards. eBay may cancel, amend, or revoke the Coupon at any time.
What would you rather have
1. The shelves in the store empty of the products you want to purchase often?
2. Be able to buy what you want when you want to buy it?
If you choose 1, there will be a reduction in waste. If you like getting what you want when you want it, waste will occur.
Working in the food industry for over 20 years, I know that the goal is zero waste. Food companies want to sell 100% of what they make, and have no waste – that would make them most profitable. Retailers have to make sure they provide the food/services/etc the customer wants, or they will go elsewhere.
Even food waste has it’s purpose – it gets recycled, turned into other products, energy, feed, and even in the landfill it helps microbial growth to break down other garbage.
I’m sure that China and the Soviet Union had little waste in the 1970s, if that is the lifestyle some people would like to live.
When I click on any seller’s user ID, I can see everything except the username is somewhat blocked – for example, Inglewood is “I***d”.
Everything else is visible for any seller on eBay – Item Description, Item Number, price paid, censored username, buyers feedback, when the sale occurred, and a link to the item for recent sales.
Jay – it does hide the description of the item that is purchased as “Private” as well. It will just show the item as “–” and price as “–“.
For example, if I ran an eBay store that sold Christian Bookstore type material, and bought some “Satanist themed adult movies” using the same eBay account, I may want to hide my purchase from potential buyers.
Excellent numbers!
I get 50 U.S. $ listings, and 50 Canadian $ listings a month.
I get offers above those occasionally for additional listings, or specific categories.
I’ve been a Top Rated Seller for years – it may be a perk I received.
I believe everyone gets different offers and freebies based on performance and activity.
I think hiding feedback/items purchased has it’s place – for example, if you are buying gifts someone can see what you bought them. Or, if you are buying something that you may not want others to know you are into, you can hide the item/feedback.
As a casual seller, I have to strategically use my free listings (I get 100/month) and if I go over, I start to think about it.
For me, to pay the listing fee after the first 100 items on something I know will sell quickly is a no brainer. However, for items that stick around I’m not going to rack up the charges month after month and need to eliminate them or figure out how to bundle them, or other ways of making them sell.
I also weed out inventory that is stagnant or re-price once I get beyond the 100 item threshold.
You also need to spread out the costs – listing the 101st item is going to cost me, but it’s really spread out across the 100 free listings.
If you have a lot of items sitting around, I wouldn’t keep paying fees. Cut bait and move on to faster turnover items if the fees are killing you.
I think that everyone has a comfort level – when you purchase an item, it is a short-term investment that you want to cash in for a profit.
My wife and I for a period were buying a particular brand of clothing where we would pay $100 to $125 for an item, and flip it for $200 to $250. After fees, we were making about 80% profit on an item, but were tying up a lot of capital. We also were lucky that buyers didn’t complain or damage/rent the items but it was another risk. We tended to stress when items sat for over a month and weren’t selling.
On the other hand, with the same $100 I could buy a bunch of smaller items (up to $5) – and find the odd unicorn. These smaller items would deliver more profit margins, and sell through at a consistent pace over time instead of waiting for the one sale.
As for unicorns – I scavenge at the 3 same thrift stores almost weekly and find maybe 1 or 2 items for a few dollars that get over $100 once a month, maybe an item every 3 months or so that gets $250 or more, and I have found items that have sold for over $1000 – but that is only every few years. I rarely spend over $5 on an item, and usually only like to spend under $3.
That’s real good money for a rotary phone – I only get about $30-$40 for a working/clean black/white/beige/brown phone, and odd/bright colors like red, aqua, orange, etc. barely get me over $60.
I’ve had this occasionally as well – just a “bad luck item”.
But, it did make me think of this weeks podcast and setting buyer restrictions. The topic surrounding why would you want to restrict buyers from buying more than X items was discussed – now I see why. If you have some crazy that commits to a bunch of items, then never pays, it can be a pain in the butt. Maybe that’s why eBay has the feature?
To work around it on this item, change your settings to force the buyer to make immediate payment. This way they have to pay before your listing is taken down or held hostage.
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