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True! Our local facebook sales helped us purchase a lot of inventory and stuff for our new rental.
I cant wait to hear about this haul you purchased. Knowing you, I bet you went all in.
I’m the grump around here when it comes to these different platforms and Facebook is no exception. I have yet to see anyone give evidence that importing and maintaining their listings is profitable.
That being said, we also have been selling larger items on Facebook locally. As Steve said, most people are like us looking for deals at deep discounts. This is why we just sell items that we find for free and sell cheap.
Facebook buyers (like Craigslist) are very flakey. For every ten people who message us, one might actually show up. And then you deal with the guys who want to renegotiate on your doorstep.
It’s nice for some quick cash but selling on eBay is easier.
I think a lot has to do with the rise of fast fashion which really exploded in the last 10-15 years: https://en.wikipedia.org/wiki/Fast_fashion
People can buy new clothes so cheap now through outlet malls, Ross, and other discount places. It’s like crack cocaine for clothing addicts.
We certainly dont feel the same power of selling clothes on eBay as we did back in 2008.
You hit the nail on the head. It’s a success because most items were old items so glad to see them gone, but its a losing game if we sold everything this cheap.
We never know what people will buy which is why I always say we don’t have control no matter how low we bring prices down.
If these numbers continue trending I’ll end up around $50k in sales once everything sells.
That’s nuts!
Thanks. It’s been a long ten months. I hope Ryanne will post some before/after.
During a long renovation, we spend time scavenging for art and furniture. We got that table for $300 at an auction. Usually closer to $2000: https://www.frontgate.com/root-coffee-table/1543439
No idea how something like that is made. its real roots/wood and solid.
R&J I guessed right last time with the coffee shop but I thought it would be a restaurant.
you may still be right
I’ll be interested to see what you think of our renovation of the house you guys looked at on that rainy weekend. It was in horrible shape but is in an excellent location.
Have a good vacation!
Yeah, we bought a big lot of barbies years ago, thinking they would be worth something. Like baseball cards, modern barbies were produced in such numbers, no one wants them. Even at our low prices, we’ve sold one barbie this week.
Huge congrats on these awesome sales. Its always exciting to find a big stash of cool items and then see them sell for big money quickly. This is what injects excitement back into scavenging.
Dead inventory really is a thing on eBay.
Our super lazy method still shows that old stuff does sell. Everyday we sell things that may have been listed 5+ years (!) ago.
It’s just not a huge number each day. And this is the forever question: are sales slow because our items are “dead” in eBay search? or because no one ants this weird used item?
So whats the solution? Delist everything after x number of days?
