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2019-08-04 – 2019-08-10
Total Items In Store: 3210
Items Sold: 17 (16 ebay, 1 Bonanza)
Cost of Items Sold: $50
Total Sales: $506.50
Highest Price Sold: $60 (Shoes)
Average Price Sold: $ 29.79
Money Spent on New Inventory: $60
Number of items listed: 85Gut Sales Report for the week: Sales have started very slowly, but then picked up after I started listing a lot.
Challenge of the week: Still trying to get my shipping room in order.
Scavenge of the week: Found 4 pair of brand new with Tag Levis for $4 each at an outlet store while I was on vacation for the weekend. Also found some nice vintage Levis & Wrangler Jean jackets on vacation. So new\Vintage jeans\Levis was the story for the week.
Mark S
Ok, so our experiments seem to find the same conclusion: people want offers in the $40 and under – preferably under $20.
I guess that makes sense. It is a no brainer to spend less than $20 on something you need\want and are getting 20% off. Those high priced items probably make people think a lot more about spending that much money.
Mark
mickdog,
My limited experiment showed that sending an offer on items $35 and under gave a better conversion rate than those items priced over $35. Not real scientific because of my limited scope, but see if that corresponds to your findings in the future.
Mark
Retro,
I just had a return come in. It says that the buyer has until Aug. 12th to mail it.
That is 5 business days as usual.
I think you situation with that return is either a glitch with ebay, or your particular item is different in some way.
I would call ebay and see which it is.
Mark
Retro,
Thanks for reminding to go to the thrift store. Just got back from there. I got a $65 pair of Hockey Skates for $6. This time I made out.
Mark
Retro,
I have done that also going to the thrift store scoring those $200+ items. But to be fair, I have also gone with great expectation and then just left with a $25 baseball glove that I paid $3 for.
But yes, you have to take the good with the bad. Hey, if you don’t go, you will never find those $200+ items.
Mark
2019-07-28 – 2019-08-03
Total Items In Store: 3142
Items Sold: 13
Cost of Items Sold: $50
Total Sales: $505.00
Highest Price Sold: $160 (Cornet)
Average Price Sold: $ 38.85
Money Spent on New Inventory: $197
Number of items listed: 31Gut Sales Report for the week: Sales have started to slow. The week keep getting slower. I have noticed this summer that most sales take place during the week rather than on the weekend.
Challenge of the week: Still trying to get my shipping room in order.
Scavenge of the week: I picked up a 1940’s Air Force Wool Overcoat.
Mark S
It is some good stuff, but I don’t see it being worth over $1000 unless I am missing something here.
Mark
AtomicStar,
Yes, I am constantly diversifying. There are certain niches that I like, but I am always open to new items I haven’t sold before. They just have to make sense when I buy them. In this way you become a generalist with specific knowledge in many areas. That make every sale so much fun. You just go in there and you know what you are looking for and how much you can pay. For new item areas\items, I just look them up on my phone.
Lately, it just feels like I have been getting such great items. Not sure if that is because I am getting better, or great items are getting more abundant. My theory is that I am getting better trained, and also I go out buying nearly everyday so my chances are greatly increased. I don’t really buy a lot in any particular place, it is just a little here, a little there and then it all adds up.
Mark
AtomicStar,
I was heavy into clothing. I was at about 33% in April. Jay told me I was too far in with clothes. I took his advice and stopped buying clothes. Sales have picked up, but few clothes are selling.
I don’t know exactly what is happening, but clothes on ebay seem to be a tough sale right now. Don’t know if it the competition from places like Poshmark, Etsy, etc, but clothes are just not selling for me either.
So, I jumped ship on clothes. I will still buy the cream of the crop when I see those clothes, but they are few and far between. I would say to start diversifying.
Mark
Antique Frog,
That is a good point to remember. Sometimes we think things and before we know it, it comes out our mouths. If we have a problem with blurting things out or just have had a bad day, then maybe we just have to “train” or “tell” ourselves to be nice before we go into social situations like an estate sale.
Mark
2019-07-21 – 2019-07-27
Total Items In Store: 3124
Items Sold: 17
Cost of Items Sold: $60
Total Sales: $614.00
Highest Price Sold: $90 (Wrestling Singlet)
Average Price Sold: $36.12
Money Spent on New Inventory: $184
Number of items listed: 73Gut Sales Report for the week: Another good week of sales for my store for this time of year. I think I set a record for the number of items I listed in one week.
I think processing items for ebay is like exercising a muscle to get it in shape. It takes a while to get the muscles in shape. But once that muscle is in shape, you can really process a lot.Challenge of the week: Still trying to get my shipping room in order. I cleared out a lot of stuff. It is a trade off – do I want to spend my time listing a ton of items or get the room fixed up? Well, listing won this week. I am right behind Retro Treasures in my “Clean Up” of my ebay space.
Scavenge of the week: Got a couple of nice baseball gloves for about $3 each and will sell for about $100 each. One was a Wilson A2000 that I got for $3 at a garage sale. The other was a nice Wilson Catcher’s glove that I picked up at the thrift store – they literally laid it down right next to me and I picked it right up. Now that is being in the right place at the right time.
Mark S
Vintage Treasures,
That is a great story about how being nice pays! Also, you can hold your head high knowing that you are a nice person who knows how to treat people right.
We don’t have to like everyone, but we can still be respectful and courteous. It is good business and good for being the right kind of person.
Mark
