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04/06/2020 at 8:36 am in reply to: Scavenger Life Episode 457: Is it a good week or a bad week? #75897
My numbers for March:
Amount of items sold: 34
Gross sales: $1,002.01
Cost of goods sold: $217.20
Total net profit: $547.01
Average profit per item: $19.38
Amount spent on new inventory: $275.58
Active listings at end of month: 560
New items listed: 25 (ran out of stuff to list)If you’d like to see what I sold, you can check out my blog post.
Yeah, I got a couple of white poster boards a few months ago and I can fit probably 75% of my items on it to do a white background. I don’t worry about the larger items though and just put them on my carpeted floor. Just sold a $50 sweater that was pictured on my brown carpet so as long as the photos still look nice that’s what matters most.
I have an iPhone and the white background is available when you list on the app. when you upload your photos if you click on a photo to edit it there’s a little button next to the trash can button that looks like a mountain. That’s where you can remove the background.
My thoughts on the tool: I hate it. Doesn’t work well and is a waste of time. It isn’t good at cutting out the item and removing everything so you have to drag your finger across the screen to erase what’s left. It’s very hard to remove everything without erasing part of the item too.
I tried on a hat picture and it whited out some of the letters of the logo on the hat.
From listening to the podcast eBay puts out, it sounds like the only real benefit of white backgrounds is that eBay submits all photos to Google and Google supposedly won’t publish photos in their search if the background isn’t white. I’ve seen pictures of items on eBay in Google search that didn’t have white backgrounds so I think it only applies to commodity items.
My January numbers:
Items sold: 49
Gross sales: $1,938.45
Shipping charged to customer: $548.30
My shipping cost: $450.11
COGS: $178.04
Ebay fees: $262.53
PayPal fees: $96.80
Additional expenses: $68.98
Net profit: $1,430.29
Average price sold: $31.09
Active listings: 547
New items listed: 60If you’d like to see what I sold, you can check out this blog post:
https://millionairedojo.com/what-sells-on-ebay-january-2020/
Numbers for December:
Items sold – 39
Gross sales – $1,018.00
Cogs – $88.68
Net profit after all expenses – $773.78
Average profit per item – $19.31
Active listings at the end of the month – 536
Amount of items listed for the month – 54I share everything I sold here in this blog post:
https://millionairedojo.com/what-sells-on-ebay-december-2019-2/
My numbers for November:
Items in store: 522
Items sold: 57
Gross sales: $1,232.52
COGS: $142.16
Net profit: $894.62If you’d like to see the items I sold and a more detailed break down of the month, you can checkout my blog post here:
https://millionairedojo.com/what-sells-on-ebay-november-2019/
12/05/2019 at 1:18 pm in reply to: What Sells On eBay: Reel tapes, Rummikub game, Cigarette dispenser, fanny pack #71389Here’s my what sells video for last month:
My numbers for October:
Items sold: 44
Gross sales: $973.81
COGS: $94.72
Net profit: $724.06
Average profit: $17.82
New items listed: 29 (I know, super weak).If you’d like to see the items I sold, I share pictures in blog posts each month:
https://millionairedojo.com/what-sells-on-ebay-october-2019/
11/24/2019 at 9:41 am in reply to: What Sells On eBay: Boomboxes, Jean jacket, Sound Shaper EQ, Christmas ornaments #70988I finally got around to making a what sells video! Isn’t very good quality at all, but will work on it going forward and do the best I can with an iPhone.
10/07/2019 at 8:53 am in reply to: Scavenger Life Episode 431: Top 10+ Scavenger Life Lessons #68703Here are my numbers for the month of September:
Amount of items sold: 43
Gross Sales: 1132.61
Cost of goods sold: 112.10
Total net profit: 873.25
Average profit per item: 20.31
New items listed: 68You can see all the items I sold and the individual numbers for each item here.
My store is still small enough to do the numbers on a monthly bases, but I’ll get bigger with time!
Numbers for August:
Ended the month with 533 listings.
Items sold: 44
Items listed: 68
Gross sales: $1,054.32
Net profit: $731.32
Average profit $17.98You can see every item I sold and more details like where I found the items and what each one sold for in this blog post I wrote each month.
I don’t do my numbers on a weekly bases, but sales have been steady this month! Closing in on $1,000 gross sales with 522 listings.
I’m going to push and see if I can’t get to my 1,000 listings goal by the end of the year.
In other news, I published my first eBay seller interview on my blog last week! Joshua was able to go full time on eBay in only 2 years. Hope some of you find motivation in this new series.
Here is my wimpy what sells on eBay report for July. Was a really slow month but August has already been better!
07/08/2019 at 5:25 pm in reply to: Scavenger Life Episode 418: Brick & Mortar Store Is Not For Us #64686@MDC That’s the beauty of some of these ad networks – you get paid just for someone being on the website without even clicking. You get more money if people actually click on the ad, but even if they don’t, you still make money. It’s basically the same model as renting out a billboard but for the internet. And a lot of ad networks pay good money to display ads on your website (just not Google adsense). I have no idea what kind of traffic SL gets, but if it’s 10s of thousands each month then you should be able to make several hundred each month
07/08/2019 at 4:53 pm in reply to: Scavenger Life Episode 418: Brick & Mortar Store Is Not For Us #64683I don’t think moving to reddit would be the right move. From my experience with it, you wouldn’t be able to keep the static structure of this forum where there are different categories that you can post to. Everything would have to be put on one page and each new topic would push down previous conversations, resulting in the same questions being brought up constantly.
I personally don’t think this forum is all that clunky. If you need to hire someone to moderate SL, you could probably cover the costs of that by joining a premium advertising company instead of using google adsense. Adsense pays ways less money than the premium ad networks and I just joined one called Monumetric that pays me around $15 per 1,000 pageviews. I’d be doing good to make 10 cents with adsense for every 1,000 pageviews.
I’m sure whatever you decide to go with will have some success, but I don’t see enough benefits to moving the forum as there will be cons with any option and I’m not sure what you’re hoping to accomplish with the move. I appreciate the community you’ve built here and I think with some additional monetization of the site, you could easily hire someone to take care of all the grunt work!
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