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04/24/2017 at 11:59 am in reply to: Scavenger Life Episode 307: Getting Ready to Sell While Traveling #16994
Our Store Week April 16– 23, 2017
Total Items in Store: 268
Items Sold: 9 (eBay)
Cost of Items Sold: $277.00
Total Sales: $2,010.95 ($1,785.95 eBay, $225 Amazon)
Highest Price Sold: $540.00 (Vintage film camera)
Average Price Sold: $198.44 (eBay)
International Sales: 2
Returns: 0
Money Spent on New Inventory This Week: $0.00
Number of items listed this week: ~5Sales Review: Really nice sales this week. Sold everything from an old industrial cart to NIB electronics.
Customer Issues: None.
Scavenging: Sadly, I’ve been too busy with another business that I’m starting up to concentrate on eBay/Amazon. Having said that, I couldn’t have done it without eBay, and even with the minimal effort that I’ve been putting in, the pipelines still flow…
02/27/2017 at 2:04 pm in reply to: Scavenger Life Episode 299: What Control Do We Have as eBay Sellers? #13463Hi Ryanne! Yeah, that was a high one! It was a small lot of specialized smoke detectors. I’ve had some big sales from that auction, but that was the largest. I’ve been selling on eBay since November 2014, and I’ve only had $1,000+ sales maybe 6 times. My jaw dropped when I got the notification on my phone…
Jay, I’ll keep you posted, just sent you an email. I know there will be competition, but I’m a little more specialized than most. We’ll see!
02/27/2017 at 1:45 pm in reply to: Scavenger Life Episode 299: What Control Do We Have as eBay Sellers? #13460Our Store Week February 20– 26, 2017
Total Items in Store: 259
Items Sold: 5
Cost of Items Sold: $4.00
Total Sales: $1,728.00
Highest Price Sold: $1,475.00
Average Price Sold: $345.60
International Sales: 0
Returns: 0
Money Spent on New Inventory This Week: $0.00
Number of items listed this week: 9Sales Review: Spent VERY little at an auction late last year and bought a massive amount of inventory from a business that was liquidating. I’ve been steadily selling that inventory ever since. Sold a couple of items via FBA as well, but I didn’t add them to my totals. It was only $50 or so.
Customer Issues: None.
Scavenging: I barely scavenge anymore, I have a pretty decent backlog of unlisted inventory that I’m slowly working on. Unless it’s an amazing opportunity, I’ve been working on other projects instead of sourcing inventory. As much as I love eBay, that liquidation auction really flipped a switch in me. While scavenging is a ton of fun, it’s inconsistent. There is no steady stream of like items, whereas with “new” inventory you can always source more. Having said that, I’ve been working hard on a standalone e-commerce site for a new venture. I originally started working on it just to satisfy a branding requirement on Amazon, but the more thought that I gave it the more I felt that this could be the primary site, and I could sell via FBA and eBay as secondary outlets. Over the past few months I’ve been establishing relationships with manufacturers for a few private label products, and I’m also working on my own designs for production. I couldn’t have done any of this without eBay, and regardless of how well the new venture does, I will not stop selling on eBay.
Our Store Week January 2– 8, 2016
Total Items in Store: 232
Items Sold: 13 (8 eBay / 5 Amazon
Cost of Items Sold: $225.25 (eBay) $20.00 (Amazon)
Total Sales: $1,340.60 ($840.65 eBay/$499.95 Amazon)
Highest Price Sold: $290.00 (Butcher Block)
Average Price Sold: $105.08 (eBay)
International Sales: 0
Returns: 0
Money Spent on New Inventory This Week: $197.00
Number of items listed this week: 0Sales Review: Decent week, and made my first sales through Amazon FBA which was pretty cool. Moved some inventory that was taking up a ton of space and that I paid a little too much for, so I was very happy to gain the square footage and get my investment back out.
Customer Issues: None.
Scavenging: Went to a local auction house, but didn’t by much.
12/27/2016 at 1:41 pm in reply to: Scavenger Life Episode 290: Experimenting with your eBay Store #8896Our Store Week December 19– 25, 2016
Total Items in Store: 234
Items Sold: 6
Cost of Items Sold: $349.00
Total Sales: $1,467.35
Highest Price Sold: $620.00 (Vintage Train Part)
Average Price Sold: $244.56
International Sales: 0
Returns: 0
Money Spent on New Inventory This Week: $29.00
Number of items listed this week: 0Sales Review: Not a bad week. High COGS due to the train part acquisition cost, otherwise I was happy with my numbers. Sold a bunch of NOS electrical parts, vintage industrial stool, vintage Crewel piece, Nintendo DS game…
Customer Issues: None.
Scavenging: I didn’t do much sourcing this week. Hit one estate sale and found some great little items. I spent more time and quite a bit of money investing back into the business to prepare for 2017. Picked up some additional industrial shelving units for my storage area. I now have eight 77”w x 78” h x 24” d shelving units which have worked wonders for getting my inventory organized. Also picked up a 2nd thermal printer, dedicated laptop, Bluetooth scanner, barcode scanner, loads of bubble wrap, etc etc and I’m in the process of completely rebuilding my photography setup. It should be fairly insane when it’s done.
I’ve never regretted a second of time or a single dollar spent improving my equipment, systems, or processes. I just sent my first FBA order in so that’s a whole new animal to learn, but at least I have the infrastructure set up for it.
The updated site looks great! My blog/forums are built on WordPress as well, and I love the platform.
Our Store Week October 24–30, 2016
Total Items in Store: 233
Items Sold: 5
Cost of Items Sold: $3.00
Total Sales: $140.35
Highest Price Sold: $49.05 (Lego Set)
Average Price Sold: $28.07
International Sales: 1
Returns: 0
Money Spent on New Inventory This Week: $30.00
Number of items listed this week: 26Sales Review: One of my slowest weeks ever, with the lowest average price that I can remember. Moved some super old inventory though that I was happy to see leave storage.
Customer Issues: None.
Scavenging: Took a break from scavenging this week and concentrated on listing. I was able to put up 26 new listings (many for multiple quantity items) this weekend. Spent some time refining my workflow, and organizing my inventory.
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