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1/19/20 – 1/25/20
Total items in store: 376
Items sold: 13
COGS: $15
Total sales: $1,585
Highest Price Sold: $1,075 (oil painting)
Average price sold: $122
Money spend on new inventory: $103
Number of items listed: 41Gut Sales Report for the Week: By far my highest sales week in 2 1/2 years of eBaying. My star of the week was an oil painting I sold for a friend. We will split what’s left after shipping and fees. The painting was 4 x 3 feet. In tech speak, ginormous. I didn’t really think about shipping when we listed it but you grizzled veterans know that’s size is going to be a PITA to pack and ship. I can now confirm that it is indeed a PITA. Long story short, I found a box for a 50″ TV that worked perfect. Shipping cost was $200. It’s on its way to Arizona, so still crossing fingers. I had my wife inspect my packing job, and she gave it her approval so I have that going for me.
Gut Sales Report for January: Amazing. January turned into a huge month for me. $4K is within sight, which would be almost double my best month. Started with a bang with a sale of $450 for a high-end baby stroller system. I had bought several expensive items in the $300-400 range at good prices in the late summer. And they sat and they sat through Q4. Now they’re selling. My only worry is that my source for these (auction place that buys Amazon/Target/Lowes truckloads of returns, has dried up. I mean they’re not offering the nice stuff like Jura espresso machines any more. So, following Jay and Ryanne’s advice, I’ve become an auction junkie. Going for box lots that no one wants and gleaning a few gems. That’s cool, but most of the stuff is $30-40 on eBay. Not complaining, just wish I could find higher ticket stuff.
Scavenge of the week: Traveled to the sticks a week ago in nasty cold rainy weather for an auction of a construction business. Definitely outside my comfort zone. I know nothing about heavy equipment and don’t even have a truck to haul big items. I was mainly interested in boxes of service manuals for Caterpillar and Volvo bulldozers etc. Thought I might scoop them up. Wrong. Some guy was buying them for $700 a box! But I did get two partial pallets for $100 total of oil and air filters, all new, all in original packaging. Took me most of the week to clean the packages and list, but my total listing value is around $2,200, so I was very happy with my decision to attend. Lesson learned, don’t be afraid to venture out of your comfort zone.
Greg (aka Kentucky Picker)
Yes yes yes!! So going to pull the trigger on a label printer tomorrow.
