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Posts
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2018-09-16 – 2018-09-22
Site: US / Feedback 1174 (Red)
Neutral Feedback 2.00
Positive Feedback 438.00
Total Items In Store: 2474.00
Items Sold: 13.00
Cost of Items Sold: 40.00
Total Sales: 449.90
Total Fees 72.04
Net Sales After Fees: 377.86
Highest Price Sold: 59.99 (Vintage Pre-Recorded Cassette Tapes)
Average Price Sold: 34.61
Buyer Shipping $ 105.84
My Shipping $ 0.00
# Days so far 6.96
Avg. Daily $ 64.64
Proj. Week $ 452.49
# Items Listed 47.00
$ Listed 1801.53
ASP $ Listed 38.33
ebay Final Value Fees 36.70
ebay Fees Allocated 16.12
Paypal Fees 19.22
Fee % of Gross 16.01
# items being watched 1100.00
# items watch count >= 10 15.00
Avg. Item Hit Count 515.00
Best Offer # 3.00
Best Offer $ 54.99
Best Offer ASP $ 18.33
Money Spent on New Inventor: 60.00Like I told Doubly, Sept has not been good to me. Sales are nearly the same as last year. My STR is way down, but ASP is way up which evens things out, but still down a lot from last year. However, I have 20% more items this year and most everything is on a promoted listing. I have listed more items this month than I usually do, so that isn’t the problem. I guess it is just the ebb and flow of ebay and my store. I just hope this trend doesn’t continue. I plan to start listing a lot more, so that should help.
I found a “new source” of finding items where my return is in the 30x – 35x range. Item quality is all over the place – some really great items, some just ok. The average sell price is $32. I wouldn’t have thought it was possible, but it is. It is fairly stressful because of how fast you have to pick the items (it is like a rummage sale atmospehere), but I have learned how to cope with it. I hope this source continues to be available because I can get a lot of items quickly. This is needed because I have decided to up my listing game.
Mark S
Doubly,
Sept has not been good to me either. Sales are nearly the same as last year. However, I have 20% more items this year and most everything is on a promoted listing. My STR is way down, but ASP is way up which evens things out, but still down a lot from last year.
Mark S
Mike,
Thanks for the explanation. I like what you end up with. However, the “cost” that it takes to get there is more than I can handle at this point. In my mind, it is more important to be independent of ebay, not the savings of the fees. Yes, the savings of the fees would be great, but complete independence would be better – provided that you could make a similar profit each month.
However, since the “cost” is too high for me now, I will have to wait. But one day when I have the time, this would be a great adventure. Please update us on how your adventure with Shopify is going in the coming months.
Mark
09/02/18 – 09/08/18
Total Items In Store: 2,428
Items Sold: 14
Cost of Items Sold: $50 (around)
Total Sales: $ 568.33
Highest Price Sold: $ 150 (Promo Car)
Average Price Sold: $ 40.60
Returns: 1
Money Spent on New Inventory This Week: $ 73
Number of Items listed this week: 12It was a decent week. Busy with back to school stuff.
Found a nice set of golf clubs and bag for $25. I am going to piece it out for a better return. Hoping to get $240 for it that way.
I am gearing up for the busy season. I made sure shipping supplies are stocked. I am preparing a new space in the basement to store an additional 1300+ items. Just need to find time to list now. My lister has been busy most of the summer, so I have been filling in.
Mark S
Doubly,
I sold one of those How to Host a Murder new in the box. I sold it for $22.5 and it took 2 years to sell.
Mark
Mike,
Yes, I just began seeing this on the item specfic section in ebay.
I just ignored it for now.
Mark
Mike,
“But also almost any good, thorough, well thought out SKU, storage and organized system will accomplish all 7 of your goals.” – Yes, I didn’t mean to imply that I had found the ultimate system, I just meant that I was getting organized. These 7 things were probably more for myself to remind me of WHY I was doing all this. It is painful, but I have to remind myself of what I will get in the end – work with the end in mind.
Yes, I didn’t even know what “Flow kaizen” was but yet I think that is what I am talking about. I looked it up at wikipedia (https://en.wikipedia.org/wiki/Kaizen) to read more about it. But of course it doesn’t have specifics for ebay sellers on how to get there. I think this was my question to T-Satt on how he does it because I know he is very intentional on his efficient processes.
Mark
T-Satt,
I am trying to look at all aspects of my process to see where I can make improvements. The problem is that I can make these going forward, but it is painfull to go back and adjust what I have already done, but I guess that is the nature of this beast.
Anyway, I will keep making improvements. I think I can greatly improve the way I process items from the time they come in the door from buying them to the time they are placed in their “final” storage location. What is your process for this? I think Mike enters his items directly into WL. I don’t think that would work for me. I like to let items collect a little so that I can group like things together – such as 20 pairs of shoes to list at once.
My idea is to write a Windows program that has a Master\Detail which asks for a buy lot #, date purchased, and address at the top Master section. Then, in the detail section, have a list where you enter each item and the price paid. Then, have the program associate the master part to each detail and put it into the database like that. Then, have the ability to go back and put these items into a Listing Lot by clicking on a check box. I still have to handle the items more than once, but given that I am trying to group like items over a period of a few weeks, I don’t see a way around this.
Mark
That is really bad English, “I am glad you understands and appreciates all this, because this is a big deal for me.” It should read, “I am glad someone understands and appreciates all this, because this is a big deal for me.”
T-Satt,
I am glad you understands and appreciates all this, because this is a big deal for me. But, I think when I am finished I am in a much better place. I think it will do the following:
1. It will make clothes easier to find.
2. I will have confidence that everything I have on that rack is listed.
3. There is nothing listed that I won’t be able to find on the rack.
4. I will be able to print on my pick list that these items are on a garment rack.
5. Better use of space. Also saving a lot of space because of the new improved rack. I may get
another one to save even more space.
6. Uniformity among the bags which will make it easier for someone else to find the clothes.
7. Much better overall organization that gets me ready to scale the business – very important.Mark
Mike,
I do remember stamp collecting companies sending you stamps to look at.
I used to do that! I loved it as a kid. I still have those stamps stashed away in my stamp album.
Mark
Mike,
ebay may have an answer for this: Order x number of clothing items from 1 ebay seller, pick what you want, send the rest back.
What would ebay sellers do if that were to happen?
I think it could go 1 of 2 ways: 1. Sales increase greatly when someone does this with your store, or 2. They take advantage of it like you were saying and you have a mess of returns to deal with and very few sales.
I am not sure how that would work for us. Any thoughts from the clothing sellers?
Me, I do sell a lot of clothing and shoes and I might be open to this for a repeat customer, but I would be cautious about new buyers.
Mark
