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I decided to go all-in on patches when I came across patch peddler and did some math. eBay shows they sell about 6,000 patches every 90 days. If you just sold each patch for $5, that’s still $30,000 each quarter or $120,000 annually… Judging by their sales, I bet patch peddler is closer to $10 average sale price.
Would be a good interview. My main two questions:
–Where do you find 2000 patches to list each month? are they vintage or is he just buying new in bulk.
–How does he list that many patches? That’s 300 new listings a day (5 days a week) or 37 pacthes an hour (8 hours/day). Either he’s insane or pays multiple to list which needs to be put into the cost.
agood info. As out Feb 23 it sasy
Our of 10k listings, Used:4,130 and Left: 5870
We’d need to change about 3500 listing into into Collectible Category to be able to switch to Premium.
How much do you sell on Facebook? juts curious if you’re getting enough sales volume to list so much over there.
Its always a balance between crossposting the same listings to multiple places VS listing new inventory on eBay.
Yikes. Good for you sacrificing coffee for the cause. I’d be making it in my car.
Speaking of interviews, we’ve done a lot more than I remembered: https://www.youtube.com/c/ScavengerLife/search?query=interview
Sounded like Troy got back into full-time employment. A good, well-paying opportunity. Difficult to say no to a regular paycheck if they treat you right.
Not sure if his wife still sells online.
02/21/2021 at 3:39 pm in reply to: FB Marketplace not telling me when I sell something that needs to ship???? #86077We actually didnt even know an item had sold. The buyer contacted us to ask where then item was.
–Where does Facebook show you when an item sells?
–Does Facebook send you a message/email like eBay?
02/20/2021 at 5:43 pm in reply to: Scavenger Life Episode 501: Shout Out To Everyone Who Shows Up and Works #86065That’s not bad for a much bigger place.
I know personal finance FIRE folks endlessly debate buying vs renting, but I like the emotional satisfaction of having our “forever home”. We don’t need to buy up as we grow older. Its our home base.
I got a message the other day “This VHS isn’t worth more than $10.00 and you should be grateful I making even that offer”. I did not respond. [But I wanted to tell the customer, ” I would sooner set this VHS on fire than sell it to you for $10.00″
I have been known to respond in this way. Not my best moments.
02/19/2021 at 9:05 pm in reply to: Scavenger Life Episode 501: Shout Out To Everyone Who Shows Up and Works #86046Cool. Sounds like you’re getting a bigger place with more land. With all the equity, is the new mortgage like $700?
Yeah, there are the annoying messages from people who want the item but are just sniping about the shipping, item condition, price. Its a weird haggling technique that doesnt work.
But we also get the messages from collectors who just want us to know we’ve misidentified an item. We make a lot of money because people freely help us to put the right terms in the title.
02/19/2021 at 7:25 pm in reply to: Scavenger Life Episode 501: Shout Out To Everyone Who Shows Up and Works #86041Our neighbor wanted to put his house on the market because prices so pretty nuts (30% higher than last year). But when I asked him where he’d live, he didt have a good answer. Great time to sell but bad time to buy.
Where did you buy that was cheaper than what you sold? Assume you had to move out to the country to find a cheaper place?
If you approve the return, the buyer can download a label at your discounted rate.
02/18/2021 at 9:20 am in reply to: “Text Me Up” scam? Buyers offering full price and then messaging this #86009What a nightmare. But thats a good solution. Start a new account and keep going.
That is nice if a post office has that option. Hope it spreads to smaller towns.
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