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Posts
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2019-06-09 – 2019-06-15
Total Items In Store: 3016 (was 3013)
Items Sold: 18 (16 ebay, 2 Bonanza)
Cost of Items Sold: $ 60
Total Sales: $ 680
Highest Price Sold: $ 170 (Betamax vcr)
Average Price Sold: $ 37.78
# Items Listed: 19
Money Spent on New Inventory: $ 36Gut Sales Report for the week: Sales were ok. Big surprise was the activity on Bonanza. 2 sales and a few inquiries. Hope that keeps up.
Challenge of the week: Trying to get items listed.
Scavenge of the week: I went to a thrift store that I hadn’t been to in awhile. They had a much better selection now of non-clothes and got some really good items.
Mark S
Brian & Mike,
Yes, I just use the default message also.
I am giving about 10%- 20% discount.
Mark
Brian,
Yes, records are gaining popularity. But for the general public, I would say most are streaming music.
Mark
Mike,
Summer is busy as it is. But now you are in survival mode. Looks like carry out pizza and Chinese for a while!
The Fall would be a good time for Sixbit video or hang out.
Mark
Jay,
I get it that you gave them away, but seriously, who listens to records anymore these days? Well, people here do and some buyers on eBay do, but the average person hasn’t listened to them in a very long time if they haven’t already tossed them. That is most likely – they tossed them.
Mark
Mike,
This is the “problem” I always seem to have. If I stop to make things better and fix things that are broken or not quite right, then I take for foot off of listing and sales go down. I don’t mean small things you always do, just more major like you mentioned – changing over to Sixbit. So, I don’t get major things done very often.
If you or Troy could do a video or hangout on Sixbit, that would be great!
Mark
Jay,
Maybe see if you can find your friend and see if he stills has the records. A shot in the dark, but who knows. At least you can get in touch with an old friend st the very least,
Mark
I became a fan of sending offers this weekend in eBay. I heard Ryanne talking about it and wanted to give it a try. First time I did about 25 offers on items about $50 and up. Nothing. Then I Sent about 30 offers on items $36.99 and up. Bam! Got a sale on 1 within a few minutes. Then 2 more sold by the next morning.
This is great because this is a way to boost sales. Plus, it is good physiologically, because it makes you feel like you can directly do something to help sales.
Mark
2019-06-02 – 2019-06-08
Total Items In Store: 3013
Items Sold: 16
Cost of Items Sold: $ 60
Total Sales: $ 606.89
Highest Price Sold: $ 70 (Boombox)
Average Price Sold: $ 37.93
# Items Listed: 15
Money Spent on New Inventory: $ 275Gut Sales Report for the week: Sales were sparatic. Higher priced items still selling.
Challenge of the week: Trying to get all of the great items I bought this week listed.
Scavenge of the week: The story again this week was subdivision wide garage sales. I am finding great items at these sales. I found 3 items worth close to $200 each that I paid $20 each for. These $200 items are similar to others I have bought before, but just a little different to be worth a lot more. Well, one of them was completely out of my wheelhouse and a new kind of buy for me. It was a new bathroom marble sink in the box. I remember R&J talking about something similar, so I looked it up and it was worth a lot. Found out later it is close to $200.
Mark S
Daisy,
I think you are sitting on a gold mine here. Conservatively, you have 4k – 5k worth of product.
I would be entertaining offers in the 2.5k -3k range for all if I were in this situation.
If you take the time to list in small lots and the expensive ones individually, you may realize 5k or more over time. This is one of those great pipelines that you now have. I have learned from R&J the art of listing items individually (if it makes sense) from a large set and realizing the full potential over time.
Mark
My theory is the more sales \ stores you go to, the better your chances of scoring big.
I haven’t had a haul quite as good as this, but about every 6 months or so I get a great cache of items to buy.
ABB – Always Be Buying!
Mark
Troy,
Did you change to an anchor store?
You might want to switch before July 1st if you haven’t already so that you can get that extra coupon for shipping supplies. I can’t remember how much more it is for an anchor store.
I am planning on changing to an anchor store around August\September if I can get my listings up to the 3300+ level.
Mark
Totommyto,
Yes, those kind of sub sales are such a Great feeling. You get a real sense of community. I know from my experience that that community feeling was there when I was growing up. That community feeling is just not there much
Any more. That is another reason why it was so fun.One other thing about that sub sale. I was at a guy’s Garage sale the week before up by our cabin about 200 Miles away. I ran into the guy at this sub sale and we were Both amazed.
Mark
2019-05-26 – 2019-06-01
Total Items In Store: 3014
Items Sold: 14
Cost of Items Sold: $ 70
Total Sales: $ 758.36
Highest Price Sold: $ 142 (CD Changer)
Average Price Sold: $ 54.17
# Items Listed: 14
Money Spent on New Inventory: $ 200Gut Sales Report for the week: Sales were sparatic. Higher priced items still selling.
Challenge of the week: Trying to get all of the great items I bought this week listed.
Scavenge of the week: The story this week was subdivision wide garage sales. I hit 3 this week and they were all great. There was one in particular that was really big. They even had a hot dog stand so I got a hot dog and it was really good. Stopped there and spoke with the President of the HOA who was running the hot dog stand. There was one street that you couldn’t even finding a parking spot on – that is how well attended the sale was. I am finding subdivision wide garage sales really have a lot to offer, but you have to go to the right ones. What are the right ones? The ones that have a large number of houses involved in the sale in the sub. This isn’t always so obvious. Sometimes they will say how many houses are involved. A “Annual” sub sale is a good sign because it has a following. Trial and error also works. I have gone to some sub sales were there are only 1 or 2 houses involved in a whole huge sub. At this sub sale, I hit about 40-50 sales in about 4 hours. I had a lot of fun and got some great high priced items. Can’t ask for more than that. Did I mention the hot dog was good also?
Mark S
BrianB,
I think the issue here is going to be the same issue most had with FBA. If your items don’t sell fast, they will start charging you storage fees. The storage fees will probably go up over time and make longer tail items not doable.
I think this would work best for items that you have multiples and they sell rather quickly.
Mark
