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There was a caller on the podcast today asking about buying shipping from UPS. Years ago I set up a UPS account, with a discount for being an eBay seller. They have a webpage where you can set having all your eBay orders imported, then just pick and choose the ones you need to ship UPS, then print the label, the tracking number is automatically uploaded to eBay. Your shipping cost is going to be better than going to the UPS store, for sure. The web interface isn’t all that pretty, but then again that’s not UPS’s target market for shipping customers. You may have to search for information on the eBay discount or contact UPS help.
It’s called UPS Marketplace shipping, I can’t recall enough details to guide somebody through the process, it’s just been too long, but anybody smart enough to run an eBay store should be able to figure it out. I don’t use this anymore because I can print labels on ShippingEasy with USPS, UPS, FedEx and other providers, but I just took a look and my account is still active. My Amazon orders are there from the weekend but I need to renew my eBay tokens for 2 accounts.
So, there it is, you can ship eBay orders using UPS easily with a little time spent setting it up.
“The speakers are small, shelf sized but weigh a ton.” FYI: Heavy-weight in speakers is a good indicator of better sound quality, think about including the weight in the description.
Well, that must be a load off your mind. It’s really a shame we have to wasste our time sue to eBay glitches.
Was this an eMail message? There are a lot of phishing scams, some of which can look very genuine. Don’t click on any links and if you did and then signed in you need to change your password immediately. Any legit notifications from eBay will also be in your eBay messages.
I think most of the older smaller tractors are owned by people who have a few acres mini-farms. They may also want to maintain the tractors themself so the manuals should be handy. Most of the older ones just aren’t powerful enough for the demands of modern farming.
At one time in my life I farmed and worked a full-time job, my oldest son has a cattle feedlot and grows all the corn for feed and bales tons of hay with a big round bale baler. I help him occasionally and driving one of his tractors is a world of difference from the old John Deere model 2510 I used. It’s really amazing to see some of the electronics the new equipment has. For example, they measure ground speed and tire slip for best efficiency, have quite heated and air-conditioned cabs, and advanced functions like GPS to drive the tractor when planting and keep it at exact spacing with the last pass. The combine can record what the yield was for each area of the fields he farms and he can apply more or less fertilizer next year based on that. It’s all amazing stuff.
I just created a new campaign. Fairly painless and minimal time. I just don’t like mysteries except for movies and books.
Well, the campaign isn’t even available to add items to it. It shows in the Promoted listing dashboard with impressions through yesterday but none today. Its too late tonight to mess with this.
All I can say is doing that with car brands works with auto parts. I have had take-downs in the past and this is what eBay advised to do in order to prevent that, I haven’t had a problem since. Example: Brake Hose for 1988-1992 Corvette – Rear Right. I don’t know if this actually helps sales results as long as the information is the item specifics.
It is probably a situation like auto parts that I sell, you need to say “for John Deere” not just “John Deere”.
I understand the boring part, I just finished listing a lot of 369 brake hose part numbers. They go fairly fast because there isn’t much modification between listings and I do them in batches of 50 or so, but my eyes glaze over if I work too long in one session.
Are these 55 different manuals, or 55 of the same manual?
Multi-quantity listings are great because you only have to spend the listing time once and then get continued sales, perhaps for years. If they are all different but similar you still should gain some efficiency when listing them all in batches with just minor changes to the same description and item specifics.
Either way, I look at how long it will take me to recover the initial investment, with the profit coming after that.
You have to consider storage space too. What are you not going to be able to buy because you ran out of space to store things?
01/29/2020 at 1:09 pm in reply to: How I got the report from paypal for 2019 taxes that ebay collected #73440I use this same report without those specific filters for several needs.
1) Capture my Missouri sales tax information for filing. That’s annual for me, has to be filed by the end of January so I’m working on it today instead of waiting until the last minute!
2) Get income tax expenses for supplies, fees, merchandise, post5age, etc. I use my PayPal debit card when I can to get the 1% cashback and keep most things in one place.
3) Get income information for not only eBay sales but also website and seasonal fireworks sales where I use PayPal’s pay here card reader.
I convert it into an Excel file and create an Excel table for ease of filtering, hiding rows and columns I don’t need. I keep the unaltered csv file for audit backup. Geeky Stuff that’s not necessarily needed but it’s what I do because I can.
“I’m sorry to hear you are experiencing this problem with your order, please return it to us for a refund.”
That’s my standard response, but I may try to go a little deeper into the problem depending on the perceived tone of the buyer’s message and the clarity of the message. Initial messages that include a photo of the damage get more attention for example.
I would never volunteer a partial refund as a first response. An old seller friend who is gone now used to say, “I don’t give partial refunds because I don’t want customers to be only partially satisfied”.
There’s a good chance that you will get another response from this buyer saying they can’t return the item because they don’t have a printer to print the label. Or some other such nonsense.
As I’ve gotten older I have more trouble trying to split my attention. Music is OK if not too loud but oldies can pull my mind back to that time in my life.
I can listen to Jay and Ryanne and also play Spider Solitaire, that’s about it.
First of all, Let me say you should consult with your accountant to find out for sure what they will want from you and take any advice you receive here or from friends, etc. as points to discuss with your accountant. Be sure the accountant you use has experience dealing with online sales. A CPA might be worth the extra cost but not necessarily required. Some accountants will be more conservative about expenses than others and the advice may not be consistent from various accountants. You will probably want to find out what support they will provide if you are audited.
General suggestions for your list of things to talk to your accountant about:
You can download a report from PayPal to show the fees they charged. Also any supplies, merchandise, etc. you might have bought for the business and paid with PayPal.
Sales tax collected on eBay sales on your behalf but paid to the states by eBay. I haven’t looked at my 1099 from eBay yet; if they are showing that as income you need to offset it as an expense.
Cost of Goods (COG). If I recall correctly you are selling a lot of personal items, talk with your accountant about the cost basis for those.
Vehicle mileage. This can add up. The IRS wants contemporaneous records, meaning you recorded the mileage when it happened and what the mileage was for. Talk to your accountant about this and see if they will use your estimates for last year, where that estimate has some basis such as daily trips to the post office, etc. Start a mileage log now for 2020 if you haven’t already.
Business use of your home. There are very specific IRS requirements on this, go by what your accountant tells you. In general, this would be a portion of your home used exclusively for the business and if you qualify then probably a % of your utilities, real estate tax, etc., might also be deductible. This is a biggy to get the accountant’s advice on since it is one of the IRS audit triggers.
I suggest you pick an accountant now and set up a consultation to discuss specific information they will want you to provide, and do that soon since the closer to April 15 it gets the busier they will be. And again, take this advice and any outside advice with a grain of salt and get/use your accountant’s advice on specifics. Getting these specifics might also lower your stress level if it gives you a specific game plan to follow.
It might seem overwhelming the first time but it really isn’t that bad once you can see the actual picture of what your accountant will require. Filing next year for 2020 sales will be easier for you because you will be better prepared.
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