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As your business matures into the stable income generating machine that is currently is…have your goals changed on how you use the money?
I think last year it was to pay your monthly bills and own your time. Are you starting to making more money where you have extra left over after bills?
We’re so cheap that we still focus on items that cost us as close to $0 as possible. We stick to items/categories that interest us. The weirder the better. I think we’ve naturally just gotten good passing over items we know are worth $20 or less.
So the challenge is finding the places were items are cheap.
After growing a large inventory, we do buy ourselves some room to slack off from listing….BUT we can’t completely go on autopilot. Once we stopped listing regularly for four months because we had other projects. Sales definitely slowed down.
Now that we’ve scheduled our helper to come weekly and list regularly, sales are back up. Have you considered hiring a helper?
Certainly an eventful New Years week for our family. I’m now wearing a cast on my dominant hand wrist/arm. I’m able to type awkwardly but not lift heavy bins.
what happened!?
How has 2022 been for you since you decided to quit your job and sell online full time? Did it work out?
If you are in an area where people put stuff out in the trash, taking those neighborhood walks nightly are healthy and profitable! We always look up the trash days in areas where we walk.
Other scavengers swear by storing items in filing cabinets. No one wants them anymore because we keeps that much paper around?
One thing I would like to implement is going ahead and creating the drafts at the store when I scavenge. Since I’m already researching the STR and sales price, I might as well take the extra minute or two to create the listing.
Huh, would you do this in the car? Or while you’re in the aisle in then middle of the store?
Mark, remind me: do you sell online for a living? Or is this just an extra stream of income in addition to a full time job?
Yeah, it seems this new system may be more strict. We’ll have to be more precise in shipping measurements.
I also wonder if the new international shipping will be as “seller friendly” where as long as you get the item to eBay, they handle any issue afterwards. The whole point of GSP was the risk-free sale for the seller.
You are correct. We use inkfrog to backup our eBay store….and originally used it to combine two eBay stores. eBay doesnt have an option to merge stores.
But we find that listing on eBay to be the easiest for our weird unique items. I know other sellers enjoy using 3rd party listing tools, especially if the can use spreadsheets (?).
I’m really enjoying this conversation around crosslisting. It’s always about what the best use of our time. Listing new items on eBay? Or crossposting the same items to other platforms. Since eBay isn’t our fulltime job anymore, we have to be mindful of the risk/reward.
You know us: we do evolve but I need to ask A LOT of questions before I get there.
Understood. So in your mind, when do you list new inventory? Or do you spend the next year just crossposting the 4000 items you already have?
It’ll be interesting to see your experiment unfold since you seem committed.
We never got into Sixbit or the other listing platforms. We still list right on eBay. Old school.
I’ve seen that xmas sales seem good on Etsy but how is the rest of the year? Do Mark’s projected sell through rates makes sense to you for Etsy?
IS it as easy as crossposting thousands of eBay listings and making 30% extra sales?
There’s no downside to anything you’ve done so far. But as you’ve mentioned in past years, it’s easy to source but more difficult to keep up with the listing.
Have you ever considered hiring someone to help you photograph and fill in drafts. You do the final pricing and listing? That’s been a game changer for us.
