Forum Replies Created
-
Posts
-
Here’s my latest what sells on eBay report. June was a good month for my little store.
Here’s my what sold post for the month of May
It was a great weekend for yard sales! I filled our car up $88.00 🙂
I also reflected on my best sales on eBay since I got serious about selling a year ago. I’ve sold a few hundred items over the year and 23 of them were a profit of more than $50. There were a couple of sales in the hundreds.
You can check em all out in this blog post:
Thanks for your response and I agree with you, there are a lot more costs to take into consideration than just what you paid for the item. currently, I’ve only got about 500 items in my store so I felt like EAT supplies what I need for now. I did use Go Daddy for a while and liked it, but for what I’m doing right now, I felt like I should go with EAT to cut costs.
I’m currently working full time from home and out of all the costs you listed, gas mileage is the only thing I’m not tracking. I need to get a good process down for that. I don’t shop/drive much though. Usually, I fill my car up with stuff on Saturdays and probably drive 20 miles.
I don’t do finance as a career, but I’m definitely a personal finance nerd and track all of my purchases manually in a budget so it’s easy for me to track my eBay purchases manually because they are so few compared to my personal purchases.
And yeah, I only searched EAT in the forum, didn’t know about the blog feature.
Here’s my what sells on eBay post for the month of April. I cover everything I sold, how much I paid for it, and where I bought it.
April seems to be pretty slow for me. Wondering if it’s because of spring break.
I wrote a blog post comparing selling on eBay with investing in stocks. You guys might enjoy the read.
Hope you’re having fun!
Here’s a detailed look at my eBay store for the month of March.
Glad to see you’ve made it over to where all the scavengers hang out! This is the best online eBay community!
I don’t know how much longer people are going to be getting away with making money on Bluehost links but I’m sure I’d be making some good money on my own blog with little traffic if I just had a page on my blog telling people I’m making thousands of dollars a month blogging and they should start one by clicking my link. I think that’s all it takes.
Sorry, just got to the part of the podcast where you say not to tell you how much he makes haha.
That’s Patt Flynn and https://www.smartpassiveincome.com/ lol. Clicked on the chart at the top right of the screen on his site and it says he’s made $2 million in the past 12 months. He’s got a youtube channel and podcast on top of his blog so I’d say he’s probably putting in over 40 hours a week into his business and I have no doubt that he requires a team of people to run everything. He’s also popped up in my facebook feed in facebook ads so the guy is everywhere on the internet. Probably working a lot more than most full time eBay sellers. This is why I’m pursuing financial independence. I’d like to completely own my time eventually and just have enough money to make work optional.
Most of them are making money by selling courses. There’s one website called making sense of cents and she has a course just for affiliate marketing. I think she was making $10-20k a month through just affiliate links and advertising and then she made her own course and the flood gates were opened! I honestly don’t know what she does with all the money. I think her and her husband bought a sail boat and are living on it full time now. They were living in an RV.
You guys would probably be multi millionaires by this point if you had put all your eBay knowledge in a course and charged for the information. Like you’ve said in the past, enough is enough when it comes to money and you’ve helped a ton of people by just talking about what you’re doing each week. I don’t think you would have this kind of community if you were selling courses.
Yeah what’s even worse are the blogs out there with income reports of over $100,000 a month with affiliate links in the posts to start your own blog. They don’t mention the 1,000’s of hours it will take to get to that level and the team of freelancers they have working for them behind the scenes.
MMM probably only had about 5 other bloggers to compete with on early retirement when he started so that helps. I will say that I’ve read all his articles and he does seem like he genuinely started the site with no expectation of earning money. He’d be crazy not to through up some affiliate links when he’s getting millions of views every month.
I plan to start making something from the website eventually. It’s hard to stand out in the overcrowded world of personal finance bloggers, so I’m hoping my mixture of eBay and money content helps me carve out a unique niche.
I haven’t had any signups from any affiliate links yet so I haven’t made a dollar from almost a year of blogging. It’s definitely a long-tail way to make money. I’m hoping to build up an awesome community like you have here on this website over the years and eventually be able to make some money through affiliate links to only products that I approve of. I don’t plan on creating any courses, so my strategy to monetize will only be with affiliate links and advertising.
I am not Curtis lol. Took me a minute to find what you were talking about. that is a cardratings.com page and I don’t have control of what they put in the side bar. I get a commission if people sign up for the credit cards on that page and the one at the top is one of the best offers out there right now. Curtis is just an editor for cardratings I guess.
I try to give sound advice on money on my blog and tell people I do not run balances on credit cards ever. I pay them off in full monthly and encourage people to do the same. With that being said, credit cards have great rewards that you can get by spending money on things you’re going to buy anyways.
As far as numbers, you’re probably going to need tens of thousands of monthly visitors to make substantial money from affiliate links. Having your own product is the most lucrative way to make money from a blog but I don’t feel like taking the time to create a course or product. I’d just like to give out free information and possibly make some money from people signing up for things like Personal Capital which is a free investment tracker.
There is an advertising company called MediaVine that you can signup for once you’re getting 25,000 sessions a month. They supposedly pay a lot more than google ads. You guys might might be able to get a substantial raise on this website if you were to switch to them.
As the name suggests, I just started my blog to see if I could hit a million dollar net worth as an average Joe. I think I’ll be able to hit a million dollars in my 40’s if I never get a raise and I’m only making about $50k a year. I just want to see what happens and show people they can do what I’m doing. I’m going to blog until I’m a millionaire so I should have some kind of success with the blog by that time 🙂
