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Good point. You should check to see if you have any listings that accidentally have the “display larger image” for $1/month. We had an issue once where that was checked on a bunch listings.
Makes sense. Do you buy lots of hats online often?
Do you store everything in your house? I know you have a huge inventory.
Agreed. Living is a good (less stressful? fulfilling? quiet?) life is the best reward. Glad to see everyone having great sales. This is why we need to “always be listing”.
On your monthly bill, they show every single charge for every single listings and transaction. Its pretty overwhelming.
How much are you currently paying? A Premium Store is $60/month if you pay for the whole year. This gives you 1000 listings a month. Then its 10-cents for each of your additional 400 listings.
So you should be paying about $100 to list your items.
Sorry, nothing came through here. I always copy responses before I post since that weird disappearing does happen sometimes.
Ryanne and I did a lot of traveling in our 20’s-30’s. A lot of it for work which we extended into mini-vacations. We were always broke/frugal so we slept on couches and ate in grocery stores.
I’d love to be able to live in different places for longer periods of time in a nicer way. Funny talking about traveling in these virus days.
How many of the hats do you think can be sold out of 500?
Also, you’re inventory has really grown over the past several years. Where do you store it all now?
As we always say, we each have to choose the way of selling that works for us. Sounds like you’ve found a path that makes sense.
The way we sell, we can do a full day of scavenging at an auction to buy enough stuff to last us for a month or two.
I bet that Bonfide Hustler (who likes to sell everything in a week for a $50/profit) probably spends hours scavenging to find all these great buys.
At the end of the day, its all just where you want to put your time.
When you sell 45 items, is it mainly ephemera? I always forget what exactly you sell. That’s a lot of stuff!
First question with Amazon sellers is some clarity on the numbers.
I sold around $350K in products
I assume these are your gross sales for the year.
–How much were your COGS?
–What were your FBA fees?
–What’s your “cash in pocket” profit of the $350k?I only ask because FBA sounds awesome if you can find reliable wholesale SKU and just refill as things sell. But since competition is usually rough on Amazon, profits are usually very slim.
At this point, I feel that if you still have a job, then that’s something to be grateful for. I can see why business are cutting staff left and right when sales are down.
Glad you had such a great week on eBay.
We mentioned we bought another small building recently. The owner asked if we wanted him to clean it out before we took it over. I said NO! We did take stuff to the dump, but then we sold a bunch of stuff locally. Probably made $500.
Yeah, seems perfect for those of you who love doing puzzles.
I hear you. No one wants items to take three years to sell. Its not our preference. It is a balance between inventory we can get for cheap (no risk) and the profit we can make.
At auctions, I see the items I know will sell within a week, but there are also 10-20 other scavengers/dealers standing there as well who see the same items. Usually the bidding is too rich for my blood. The items may sell quick, but the profit will be minimal with the high bidding and auction fees.
Like you, we hope other sellers dont see a cool item and we can get it for cheap. Or there’s a lot of sought after items that I’m wiling to pay for because of the quantity. That’s just a different way of buying and selling.
Are you finding enough stuff at auctions that sell within a week? What are your profits like after all your costs?
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