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Honored to be mentioned this week and as always, I appreciate your “nuggets.” I’m definitely more of a mercenary type, and frankly have little personal interest in pretty much anything that gets sold on ebay, which is probably both a strength and a weakness (upside: not getting ‘high’ on your own supply or making emotional purchasing decisions, downside: boredom, having little pre-existing knowledge to work off of).
I’ve lived my entire adult life in some form of self-employment and enjoy the flexibility and control that entails and ebay/amazon are just a new avenue for that. Not really sure where all of this will end up in the long run, but it’s probably not going to be a lifelong thing as I tend to hop around.
I do think though that even with my churn and burn style I can get to a place where I could stop sourcing/listing and still make good money. I think it’s just a matter of consistently outlisting your sales, which just takes some time. How long did it take to you guys to get enough inventory to be able to do nothing other than fulfill orders for, say, a month, and still make good money?
Anyhow, on to this week’s eBay sales:
Week of Mar 18 – 24
* Total Items in Store: 251
* Items Sold: 25
* Cost of Items Sold: $103.81
* Total Sales (inc. shipping): $1074.74
* Highest Price Sold: $153.29 Courtney Boots, purchased for $4 at an estate sale.
* Average Price Sold: $42.98
* Returns: 0Most interesting item from this week was a harness/halo for blind dogs that went for $73. I had no idea what it was but I always research odd looking things, especially when they still have the tags. Brand is Muffin’s Halo, https://muffinshalo.com/. If you see one out in the wild for less than $10 I’d say pick it up.
Hey all, been lurking here and have learned a lot from both the podcasts and forums and appreciate what you guys share.
Started flipping in early December and thought I would share my numbers:
My numbers for the week of 3/11/18:
Total Items in Store: 267
Items Sold: 20
Cost of Items Sold: $132.78
Total Sales: $843.70
Highest Price Sold: $109.29 (allen edmonds shoes)
Average Price Sold: $42.19
Returns: 1 ($27 router)Sold about $350 dollars of stuff on amazon + offerup as well, but haven’t broken out the costs on those.
It’s really cool to see how everyone else is running their business and how people can end up with similar results as far as money with very different strategies.
Mine seems to diverge in several ways from many on here. Notably, the overwhelming majority of my inventory is thrifted (often from the much maligned Goodwill retail stores), I rarely enable ‘best offer’, I do free shipping on everything that goes first class or flat rate, and my store size seems much smaller than most of you, but with a much higher COGs, sell through rate, and ASP.
The last point is by necessity as I live in a 1 bedroom apartment in a high COL area. I’m very jealous of you guys who have seemingly unlimited space to just list and forget.
