Forum Replies Created
02/07/2021 at 7:11 pm in reply to: Scavenger Life Episode 500: Fireworks! Lasers! Weekly Numbers! #85707
01/31/21 – 02/06/21
Total Items In Store: 3340
Items Sold: 26
Total Sales: $ 1035
Highest Price Sold: $ 105 (Shoes)
Average Price Sold: $ 39.82
Money Spent on New Inventory: $ 139.02
Number of items listed: 8
Congratulations on hitting episode 500!
Gut Sales Report for the week: Shipping is still annoying, so that means sales are good. I have been averaging over $1000 per week since the first week in December. This is unusual for me, so we will see how
far into the year this can continue.
Scavenge of the week: Hit a huge cache of 1950’s – 1960’s Tonka, Buddy L, NYLint trucks last weekend. Most are in good condition, so we will see how they sell.
Mark S01/24/2021 at 7:45 pm in reply to: Scavenger Life Episode 498: eBay New Listing Experience #85360
01/17/21 – 01/23/21
Total Items In Store: 3352
Items Sold: 28
Cost of Items Sold: $ 100
Total Sales: $ 1169.53
Highest Price Sold: $ 150 (Vintage Jacket)
Average Price Sold: $ 41.77
Money Spent on New Inventory: $ 120
Number of items listed: 21
Gut Sales Report for the week: Shipping was annoying, so that means sales were good. I believe I have been averaging over $1000 per week since the first week in December.
Scavenge of the week: I bought some Police evidence tags that are metal. They look like they are from the 1940’s or 1950’s to me. I will have to do some research on them. I couldn’t find anything like them on ebay by doing a quick search.
New this week: So, I tried something new today. An estate sale was having a big vintage sale with a large percentage off for the last day today. So, I knew there were some very high dollar items there that I wanted.
So, I got there first and passed out the street numbers to everyone. I thought it was going to be boring sitting there for 2.5 hours. But, it was actually fun. I passed out about 50 numbers. I got to meet everyone coming to the sale and talk to them. Most people were a little confused about how the street numbers worked. So, I had to explain that to them. I met a trucker who asked what I was there for. I told him I sold on ebay. That started a flurry of questions, but it was good, I enjoyed it.
So, I made a few new friends and really enjoyed myself. But, then before the sale started I found out that the highest tickets items had sold yesterday. But, since I was #1 to get into the sale, I got to get what I wanted. I knew exactly what I wanted since I was at the sale the day before and wrote down everything I wanted. It seemed like the harder I looked, the more great vintage items I found. It ended up being a honey hole for me and I spent about $400.
If you give your kids the jobs of taking pictures and listing, then you could buy as much as you wanted and make a lot more money. Or if that doesn’t work, hire someone.
However, I think you would then need to get more storage because I think that is an issue for you.
Personally, I have changed my habits to try and go to estate sales where they have high value items. I spend time vetting the sales to get the right ones. This takes more time up front, but I have been sucessfull at getting $100+ items that have been selling quite frequently lately.
Mark01/07/2021 at 2:21 pm in reply to: Vacay on eBay Is NOT Automatically Vacay on Bonanza – Silly Me! #85015
I never really thought about my Bonanza store while I am on vacation. I don’t put my ebay store on vacation, I just change the handling time. I think Bonanza would pick that up, right? I never checked that.
Does anyone have experience with Bonanza with using ebay’s Time Away? I wouldn’t think that would help you on Bonanza. I would think you would have to go into Bonanza and set it to on vacation. This is how to do that: Selling -> Booth Settings -> Click the Yes radio button for the question “Booth currently on vacation”.
I like small business owner.
That is exactly what we are and is generic enough to not raise too many questions unless people are interested.
Mark12/24/2020 at 3:35 pm in reply to: Scavenger Life Episode 493: eBay Helping Buyers Understand Shipping Delays #84597
My strategy of shipping only Fedex or UPS has paid off. Most of my Fedex and UPS packages are getting delievered in 3-4 days.
All packages except 3 (USPS ones from 10 days ago or more) that were expected before Christmas have been delivered.
Mark S12/16/2020 at 9:55 am in reply to: Scavenger Life Episode 492: Unprecedented USPS Insanity #84374
I don’t know about everyone else, but because of the Unprecedented USPS Insanity, I have decided not to use USPS until they can solve their problems. I started this yesterday and I hope my shipping (USPS only right now) issues go away.
I didn’t even know there was an issue until I heard the podcast. Even then, I thought it was just regional, but then I checked for my orders that have went out and most of my recent orders since Dec. 7th have not been delivered.
I am starting to have to give refunds. I may have to pay about $1 more to use UPS or Fedex, but I will come out ahead and save a lot of headaches.
J& R said they are just changing their handling time. What is your plan?
Mark10/27/2020 at 9:11 pm in reply to: Scavenger Life Episode 485: Job, Career, Small Business #82926
The mystery of Regional Rate Box A shipping is not such a mystery. Anything that fits in a Regional Rate Box A box (side loading or top loading) and is 3 pounds of more is going to be cheaper than regular Priority Mail. 2 pounds or less is cheaper with regular Priority Mail.
Mark08/17/2020 at 9:39 am in reply to: Scavenger Life Episode 476: #SaveTheUSPS and Crocs are Cool again #80738
08/09/20 – 08/15/20
Total Items In Store: 3316
Items Sold: 17
Cost of Items Sold: $ 40
Total Sales: $ 436.81
Highest Price Sold: $ 55 (golf clubs)
Average Price Sold: $ 25.69
Money Spent on New Inventory: $ 18.54
Number of items listed: 7
Gut Sales Report for the week: Sales were ok, but the ASP was real low.
Scavenge of the week: Got a 1964 Flintstones Metal Lunchbox for $3 at a flea market. This would sell for big bucks except for the fact that it is in fair condition and rusted.
Yes, every time I called GoDaddy it felt like this was just a side business and no one really knew how it worked. They couldn’t help much either.
Mark08/02/2020 at 11:18 pm in reply to: Scavenger Life Episode 474: How Do We Only Sell High Priced Items All The Time? #80293
07/26/20 – 08/01/20
Total Items In Store: 3344
Items Sold: 12
Cost of Items Sold: $ 25
Total Sales: $ 243.13
Highest Price Sold: $ 45 (clock)
Average Price Sold: $ 20.26
Money Spent on New Inventory: $ 30.29
Number of items listed: 26
Gut Sales Report for the week: Sales were very slow, even for this time of year.
Scavenge of the week: Got a Smith Corona Electronic Typewriter for $2. It was basically in the box unused.
Trends of the week: Selling low STR and low ASP.
Mark S07/27/2020 at 11:29 pm in reply to: Scavenger Life Episode 473: Does Insurance Make You An Adult? #80038
Yes, almost all my unlisted inventory is in containers. Some are hanging clothes, others are loose on shelfs. But, most of the containers have an inventory sheet with a title, price, and flaws listed for each item – basically just need to take pictures and list. I have a master list that tells me where to find it, what is in it and how many items. I think I have about 2000 items to list that are inventoried in this manner.
So, all I have to do is look at the master sheet and decide what I want to list. It is really a good system for me. I didn’t mean do get this much inventory, but it just happened. I am planning on hiring some help and then I can go through all of this inventory quite quickly.
So, yes, I think this fits all the criteria you had and none of this is too “precious”.
Mark07/27/2020 at 7:56 am in reply to: Scavenger Life Episode 473: Does Insurance Make You An Adult? #80001
Yes, I hadn’t thought about it until I went into Sprint. I was the only one in the store with one of the employees. I wasn’t in any hurry, so I was just shooting the breeze about Sprint with him. He told me that I could get a good discount if I knew someone in the military. I said no,didn’t know anyone. Then after discussing it, I thought what about my dad from WWII. The guy said he had one approved where the guy was born in 1922 and had passed away (like my dad). So, I decided to give it a try.
Mark07/26/2020 at 7:29 pm in reply to: Scavenger Life Episode 473: Does Insurance Make You An Adult? #79991
07/19/20 – 07/25/20
Total Items In Store: 3333
Items Sold: 20
Cost of Items Sold: $ 50
Total Sales: $ 541.16
Highest Price Sold: $ 70 (Skates)
Average Price Sold: $ 27.06
Money Spent on New Inventory: $ 23.55
Number of items listed: 8
Gut Sales Report for the week: Sales are still about normal for this time of year for me.
Challenge of the month: I was able to reorganize a part of my basement inventory that was getting very disorganized.
Scavenge of the week: Got a nice working VCR \TV combo for $5.
Trends of the week: Selling a lot of my older items that are on sale, so average price has taken a hit. But good to clear out very old items that have been sitting in my store.
Personal savings for the month: Two calls saved and a little work saved me $160 per month in this past month. The first was my car insurance, saved $100 by calling to switch out of the Michigan Insurance that required you to get 100% medical coverage whether you needed it or not (I didn’t need it). That ended July 2nd by law, so I switched it. I saved about $60 on my cell phone bill for 3 phone lines from Sprint by doing the Military discount and direct withdrawal. I submitted my dad’s discharge papers from WWII and they accepted it for the military discount.
Mark S07/12/2020 at 9:56 pm in reply to: Scavenger Life Episode 471: Building Equity, Our Free Scavenger Education #79515
07/05/20 – 07/11/20
Total Items In Store: 3357
Items Sold: 18
Cost of Items Sold: $ 50
Total Sales: $ 467.87
Highest Price Sold: $ 40 (Clock)
Average Price Sold: $ 25.99
Money Spent on New Inventory: $ 1
Number of items listed: 5
Gut Sales Report for the week: Sales are still about normal for this time of year for me. Maybe a little low because of lack of listin.
Challenge of the week: I was able to get signed up for Managed Payments. ebay sent me a message saying if I signed up by July 10th I would get $50. The $50 will be deducted from my next invoice.