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06/30/24 – 07/06/24
Total Items In my ebay Store: 4318
Total Items In my Etsy Store: 609
Total Items listed: 4927
ebay Items Sold: 4 items for $ 209.66 Net $ 152.86
Etsy Items Sold: 0 items for $0 Net $0Total Gross Sales: $ 209.66
Net Sales: $ 152.86
Items Sold: 4 items
Highest Price Sold: $ 100 (Running Shoes)
Average Price Sold: $ 38.22
Money Spent on New Inventory: $ 67.23Gut Sales Report for the week: Sales are lacking, even for this time of year. I have to start listing consistently.
Scavenge of the week: Picked up some great vintage electronics.
Thoughts for the week: Glad to be back on the forum and happy to announce that I have gone full-time with my business. I don’t say ebay, because I
am already on ebay and etsy. I plan to go list on the following marketplaces: Poshmark, Mercari, Depop, and Facebook Marketplace in the not so distant future.Now for those statistics that I said that I would post today. These statistics come from the cross listing company, Vendoo. See the information below on Vendoo.
Today, the Vendoo community has more than 40k members who have cross-listed more than 15 million items in 2022 using the platform. Our users represent small, medium, and big reselling businesses. Benefits from resellers also continued to grow with a 10% efficiency improvement in the sale process! Dec 15, 2022. Vendoo started in the Cross Listing business in 2017.
What we already knew: The more you list, the more you sell.
Now here is that same knowledge with Data Analytics behind it:
1. Users that list items at least 20 days a month have twice the sales.
Also, Users who list more than 20 items per month have a sell-through-rate that is 2x higher than users that list 10 or few items per month.
What we already knew: The more marketplaces you sell on, the more you will make.
Now here is that same knowledge with Data Analytics behind it:
2. Users that list in 3 or more marketplaces have a sell-through-rate that is 180% higher.
What we already knew: The more you Delist/Relist you items, the more sales you make.
Now here is that same knowledge with Data Analytics behind it:
3. Vendoo users who regularly Delist/Relist their inventory make 33% more sales.
I hope these statistics help you. This will really help me out.
Mark
Jay,
These are stats that we have all known that they exist: you list more, you sell more. But these stats are based on Data Analytics. In my IT world, that means solid data based on millions and millions of rows of data.
Mark
oh, I forgot to mention that I just went full time with my business. So, I hope to be more active with the conversation here.
Mark
i have discovered some new (to me and never have seen here) important statistics that I will post here on Monday when I get home from vacation. These stays have to do with how often you need to list and the results you can expect from listing, etc. This will be a game changer for me.
05/28/23 – 06/03/23
Total Items In ebay Store: 4636
Total Items In Etsy Store: 723
Total Items listed: 5359
ebay Items Sold: 15 items for $ 876.18 Net $ 587.09
Etsy Items Sold: 0 items for $0 Net $0Total Gross Sales: $ 876.18 (last week: $794.54 / including eBay\etsy fees, shipping, and taxes)
Net Sales: $ 587.09 (last week: $537.84 / minus shipping, and taxes)
Items Sold: 15 items
Highest Price Sold: $ 70 (Vintage Game)
Average Price Sold: $ 39.14
Money Spent on New Inventory: $ 67.23Gut Sales Report for the week: Good Sales for this time of year.
Scavenge of the week: Picked up some Red Wing Irish Setter and New LL Bean Boots for $10 and $8 Respectively.
Thoughts for the week: Been busy the last couple of months. Glad to be back on the forum. Will be watching Retro’s kids sales this Summer.
03/12/23 – 03/18/23
Total Items In ebay Store: 4727 (was 4730)
Total Items In Etsy Store: 715 (was 698)
Total Items listed: 5442 (was 5,428)
ebay Items Sold: 16 items for $ 932.97 Net $ 664.30
Etsy Items Sold: 4 items for $ 269.13 Net $ 224.91Total Gross Sales: $ 1202.1 (last week: $794.54 / including eBay\etsy fees, shipping, and taxes)
Net Sales: $ 889.21 (last week: $537.84 / minus shipping, and taxes)
Items Sold: 20 items
Highest Price Sold: $ 120 (Goblets)
Average Price Sold: $ 44.46
Money Spent on New Inventory: $ 74.73Number of items listed: 14 ebay, 20 Etsy
Gut Sales Report for the week: Sales were much better this week. Hope the trend continues.
Fun Fact : I went to an estate sale. This sale was massive. They had a director for the whole sale. Also, each room had a guide to assist you in that room. The rooms were huge. One was about half the size of a football field, or so it seemed. However, I was not allowed to purchase anything because this estate sale was a dream, not real life – bummer.
Scavenge of the week: Picked up a nice pair of Steve Madden Boots.
Thoughts for the week: Sales came back on Etsy this week. Great to see that Etsy is back in the game. I need all the help I can get during time of lean sales.
Mark
03/05/23 – 03/11/23
Total Items In ebay Store: 4730 (was 4723)
Total Items In Etsy Store: 698 (was 675)
Total Items listed: 5428 (was 5,398)
ebay Items Sold: 17 items for $ 739.73 Net $ 497.85
Etsy Items Sold: 1 items for $ 54.81 Net $ 39.99Total Gross Sales: $ 794.54 (last week: 758.5 / including eBay\etsy fees, shipping, and taxes)
Net Sales: $ 537.84 (last week:563.89 / minus shipping, and taxes)
Items Sold: 18 items
Highest Price Sold: $ 100 (Golf club bag / 2 Pairs of pants)
Average Price Sold: $ 29.88
Money Spent on New Inventory: $ 221Number of items listed: 25 ebay, 25 Etsy
Gut Sales Report for the week: Sales were slow, but consistent. Nearly identical to last week.
Focus for the week : Working on coding my cross-listing and other projects.
Scavenge of the week: Just normal stuff.
Thoughts for the week: I became an Etsy Star Seller on March 1st. Only .5% of Etsy sellers are Star Sellers, so it’s kinda a big deal. But, it didn’t really help. As LukasTreasure stated, Etsy sales were non-existant.
Mark
Just for clarification on ending items across the platforms. When a vintage item sells on any platform, you go into List Perfectly and tell it that the items sold. Then, if you have listed the item from List Perfectly, it will end that item on all the platforms where it is listed.
I only have ebay and etsy right now. I always remember to end it if an item sells on etsy, but I seem to forget when a vintage item sells on ebay. I can’t imagine having items on 8-10 platforms and then you have to end the item each time an item sells on any of those platforms.
The key in List Perfectly is that you import the items into List Perfectly from your main platform. It records the item number. Then you cross list to all the platforms you want from List Perfectly. Then, it records the item number for each platform. If you do it this way, what I said above will work. But it you cross list an item directly, say from ebay to etsy, the ending of listings will not work in List Perfectly because it didn’t record the item number.
Debitendcredits,
List Perfectly can do what you are saying. An issue I have with List Perfectly is that I don’t see a way to categorize your items. For example, I put all the items I wanted to go to Etsy in the ebay store category “Vintage”. Then I copied all the ebay category of vintage over to List Perfectly. Now, I am copying those 1800 records slowly into Etsy 5 a day. The problem I see is now if I also wanted to copy modern clothes to say Poshmark at the same time, these items would get mixed in with the Vintage items in List Perfectly. How do I keep them separate? If you do them all at once, no problem. But if you are doing them over time, there is the issue.
Yes, Bonanza is good at the importing and delisting. That is how my software will work. However, that doesn’t really help me because I have almost 5,000 items and I only sell less than 10 items per year on Bonanza, go figure. Their traffic must be very low. J&R say the same thing.
Mark
Debutendcredits,
Yes, I use List Perfectly and it does work. However, everything is manual which is not very efficient. It doesn’t automatically end listings on all platforms when an item sells – that is a big deal – real time waster. That is why I am working on my own automatic version because I am trying to cross-list 5,000 items that will become 20,000+ listings across many marketplace platforms. Below is what I posted to Jay on Christmas Day 2022:
“List Perfectly does get the job done. The issue is that it is not done in the most efficient way for me. Everything is done manually. You can select multiple items to cross-list, but then you have to look at each and every listing and fill in fields that were not done automatically for you. Not much to do in Etsy, it is like 6 fields using the Pro version. But, if I want to do this for 17,000 listings or so, this is not very practical.
Also, there are things that you have to manually enter. Like cogs. You have to enter them 1 listing at a time. Not practical for nearly 5,000 listings that I have. I have my cogs in a database table and can get them into a spreadsheet, but there is no import option available.
Let me do an analogy. Can you get around in a horse and buggy? Yes, you can and it does work. If you just travel short distances, it works fine. But say you have to drive to Florida from Michigan, how will that work? Not very well. That is where I am at.
Remember when you copied your ebay items over to Bonanza? It was quick and easy, maybe several hours. That is because they were using the api (application program interface). Everything is done behind the scenes. That is what I want to do here. Copy all my data from ebay and then copy over to the other platforms that I want. It will take some coding time, but will probably be around 50 hours or so. If I had to do this manually, it would probably take 500 hours.
Then, the big thing for me is that if something is not working or not efficient, I can change it to work. But, when you use a 3rd party tool, you have to wait for them to take action – that can sometimes take years or maybe never get done. It just seems like pieces of data that you need are always missing.”
Mark
I was thinking they would return it. But it looks like you have sold things that were in worse condition. I did list out all the flaws. That seems to be good enough based on what you have experienced.
Mark
02/26/23 – 03/04/23
Total Items In ebay Store: 4723 (was 4704)
Total Items In Etsy Store: 675 (was 650)
Total Items listed: 5,398 (was 5,354)
ebay Items Sold: 13 items for $ 666.45 Net $ 483.89
Etsy Items Sold: 2 items for $ 118.55 Net $ 74.98Total Gross Sales: $ 785 (last week: 758.5 / including eBay\etsy fees, shipping, and taxes)
Net Sales: $ 558.87 (last week:563.89 / minus shipping, and taxes)
Items Sold: 15 items
Highest Price Sold: $ 100 (Jacket)
Average Price Sold: $ 37.26
Money Spent on New Inventory: $ 72Number of items listed: 33 ebay, 27 Etsy
Gut Sales Report for the week: Sales were slow, but consistent. Nearly identical to last week.
Focus for the week : Working on coding my cross-listing and other projects.
Scavenge of the week: Got a bunch of long sleeve clothes for $5\bag at the thrift store that they were moving out for Spring Clothes.
Thoughts for the week: I also had some “customer oddness” this week.
1. One person told me my price for an item was too low. Ok, it was a Precious Momemnts from 1977. They had one and thought it should sell for more than what I had listed it for. I told them they could list theirs and ask for more.
2. Had a clothing item that someone was interested in buying. But, as I tried to answer their questions about it, I was finding holes and other issues. I told the buyer it had too many issues, so I delisted. But, they insisted that they still wanted to buy it for a discount. So, I relisted and sold it to them for an agreed on price.
Mark
ebay is doing some job cuts.
EBay to cut 4% of its workforce; analysts expect further sales decline
Mark
02/19/23 – 02/25/23
Total Items In ebay Store: 4704 (was 4695)
Total Items In Etsy Store: 650 (was 631)
Total Items listed: 5354 (was 5,326)
ebay Items Sold: 10 items for $ 578.80 Net $ 458.92
Etsy Items Sold: 3 items for $ 179.70 Net $ 104.97Total Gross Sales: $ 758.5 (including eBay\etsy fees, shipping, and taxes)
Net Sales: $ 563.89 (minus shipping, and taxes)
Items Sold: 13 items
Highest Price Sold: $ 100 (Jacket)
Average Price Sold: $ 43.37
Money Spent on New Inventory: $ 142.81Number of items listed: 20 ebay, 22 Etsy
Gut Sales Report for the week: This week felt really slow, and it was till the end of the week where I was able to make some sales and get an ok week.
Focus for the week : Hit an estate sale this week. Have enough TBL, so I was waiting for just the right good sale, and I finally found it.
Scavenge of the week: Picked up a big box of 1980’s Fashion jewlery, mostly earrings. I am hoping I have close to 100 units that will sell for an average of around $20 and make good profit from it.
Thoughts for the week: Still really glad to have Etsy help my sales along on these slow weeks.
Mark
02/12/23 – 02/18/23
Total Items In ebay Store: 4695 (was 4668 2 weeks ago)
Total Items In Etsy Store: 631 (was 595 2 weeks ago)
Total Items listed: 5,326
ebay Items Sold: 9 items for $ 759.77 Net $ 607.95
Etsy Items Sold: 4 items for $ 277.31 Net $ 197.97Total Gross Sales: $ 1037.08 (including eBay\etsy fees, shipping, and taxes)
Net Sales: $ 805.92 (minus shipping, and taxes)
Items Sold: 13 items
Highest Price Sold: $ 200 (New Shoes)
Average Price Sold: $ 61.99
Money Spent on New Inventory: $ 5.71Number of items listed: 25 ebay, 24 Etsy
Gut Sales Report for the week: This week felt really slow. I can’t believe I had over 1K in gross sales. There were some good sales that helped that.
Focus for the week : I am now trying to list 5 new listings a day on ebay M-F. I am also trying to list 5 vintage listings on Etsy M-F. This seems to give me a good mix. Etsy is still producing and helping out every week. I am so glad I added Etsy.
Scavenge of the week: Picked up a nice Bell orange rotory phone for $2.
Thoughts for the week: I went to a restaurant this weekend that has been a bar and restaurant in continuous operation since at least 1850! That is something you don’t see often in the Mid-West.
This place appeared to have all the original fixtures – like the bar, Hostess stand, etc. The history was quite amazing and so was the food.
Mark
