Forum Replies Created
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.
06/14/20 – 06/20/20
Total Items In Store: 3400
Items Sold: 21
Cost of Items Sold: $ 60
Total Sales: $ 593.32
Highest Price Sold: $ 70 (Painting)
Average Price Sold: $ 28.25
Money Spent on New Inventory: $ 138.48
Number of items listed: 10
Gut Sales Report for the week: Sales are still about normal for this time of year for me. Felt good to go to a number of garage sales.
Scavenge of the week: Santa Bears – I went to a garage sale and they just wanted a huge box of them gone. $1 for all, but you had to take all. I couldn’t resist and I bought them. I usually get about $25 each for these, but they take up a lot of space and take awhile to sell.
Trends of the week: My reel to reel tapes have been selling this week.
Yes, just recently when I was selling a pair of inline skates nearly everyday I had something like this happen.
It was two different pairs of inline skates, both Bauer with Bauer wheels. While the skates were in storage waiting to be sold, the wheels disenagrated to small pieces. I had to cancel the sale of one of them.