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I agree with you here. The last two weekends I have spent some time assigning custom SKU’s to my shoe inventory. Both times it has spurred multiple shoe sales of old inventory. 5-6 pair each time. Otherwise throughout the week, my store is dead.
03/08/2017 at 8:06 am in reply to: Bonanza international buyers can buy your free shipping items??!?!? #14053So after I posted this, I wrote the buyer and explained what happened and then refunded them. They were ok with that. Bonanza responded yesterday and gave me a very clear explanation. The “gibberish” that was in the shipping address was actually a Canadian zip code. It is 3 sets of random letters and numbers since I do GSP on ebay, I don’t think I’ve ever even seen a Canadian zip before yesterday. Bonanza only require out of country offers on items to include the zip code. There is no other designation to indicate country. There is also a setting within Bonanza in your account settings to restrict sales to US only. That was not turned on for me.
Bonanza also immediately refunded my sale fees because I promptly refunded the buyer. So all is well. If you don’t want the added headache of international sales on Bonanza, check out your preferences and opt out of international sales.
Mine go nuts. I think it has to do with the fact I switch from pc to mobile and back to pc during the draft creation. I will set and/or verify all my preferences on the pc for a draft. Then I will use mobile to take photos and upload them to the listing. Then I go back to the pc to bulk complete them. At this point I can see that some of them have changed! Tax, handling time, duration, paypal, etc. I’ve seen multiple preferences change during the listing process.
So now I don’t waste time setting preferences. I just do title, specifics, description, shipping, and price. Then once I have 10-20, I’ll use the bulk editor on the PC to set all of my preferences.
03/07/2017 at 3:31 pm in reply to: Missed it by thhhaaatttt much! (missed out on sourcing opportunity) #14015This was definitely a day that I wish I was one of “those people” and just ran over there and strong armed it into my cart.
Having best offer turned on will help your items find the market. You can always price high if you have confidence in your listing and then consider offers. My willingness to negotiate varies by day and by how old the item is.
Competitive pricing works for a specific model of store. If you only stock fast moving items then competitive pricing is a necessity. If you have one-off, unique, or odd sized items, then you can price high and wait for that one special buyer. No amount of pricing research will make that buyer come along any sooner.
03/07/2017 at 1:53 pm in reply to: Scavenger Life Episode 300: Our 300th Episode!! Now let’s talk taxes… #14008Anchor store sellers will get hit the hardest by the TRS + change. Consider an anchor store seller with an average sales price of $30 (plus an average $7 shipping for full fee) and sales of 300 items a month.
9% fee on $37 is $3.33
The old TRS+ discount would have been $.67. Times that by 300 and the discount was $201 a month.
Now that discount will only be $100 a month for a loss of $100!A bigger coupon is nice, but if most of what you ship is already USPS boxes and envelopes then what exactly will you get with that $150?
I have not consistently listed since December. I have only listed on two days this year so far – each time about 10-15 items. My average daily listing impressions appears to have dropped from 16k to 12k day, or 25%. Page views dropped by about the same.
My February sales are down 58% from my December sales. I wasn’t listing very much in December either, but I was at least listing.
Now when it comes to J&R, they list constantly and they have very consistent impressions statistics. It just goes to show that listing = more views = better chance to generate a sale.
This wasn’t a mistake though. A mistake is when you seriously did mean to list at $350. Trying to say this was a mistake is merely an attempt to reationalize an unethical decision.
I would honor the sale. You weren’t prepared, the buyer was. Why should he be punished for your lack of preparedness? Just think of the many times you have bought things at yard sales for $1-2 and were actually worth $100+. It all comes out in the wash in the end. You’ll be fine and your integrity will be intact.
I would also mail the buyer, acknowledge the fact he got a great deal and congratulate him. Let him know since the end of the listing you have had multiple very high offers if you would cancel and sell to him instead, but that you are honoring the deal as agreed.
Why do this? Because some true collectors also have integrity and may throw some extra cash at you for also having integrity. I have seen this actual scenario several times in the arcade/pinball hobby.Awesome search-fu!
So after reading that post, it seems we should always default to the larger of the two values? The larger is always the ball of feet measurement.
03/06/2017 at 3:46 pm in reply to: Scavenger Life Episode 300: Our 300th Episode!! Now let’s talk taxes… #13947I’ve read about keto and paleo, but I don’t follow any plan. I just pay attention to how my body reacts to various foods and weigh the pros/cons of the nutritional content. One thing they both have absolutely right is that natural fat is definitely not your enemy.
Oh and I can also say that my blood pressure is normal again. I am able to get a reading at rest of 120/80. I wish I would have taken my blood pressure at my bloated worst. If I had to take a blind guess, I’d go with 180/110.
03/06/2017 at 2:38 pm in reply to: Scavenger Life Episode 300: Our 300th Episode!! Now let’s talk taxes… #13941Total Items in Store: 598
Items Sold: 9
Cost of Items Sold: $30
Total Sales: $227
Profit: $197
Highest Price Sold: $40 womens shoes. Nothing special.
Average Price Sold: $25.22
Average Profit: $21.87
FBA items sold: 14
Total FBA sales: $419.74
FBA COGS: $160
FBA Fees: $192.59
FBA Profit: $67.15
FBA Average profit: $4.80Nothing special here. Still not listing, and still having $200 weeks. I’m still slowly plugging along on reorganzizing my storage with a well defined system. It is such a burden lifted off of me to get this done!
I included my FBA numbers just for giggles. I finally lowered my price on a “cache” of kids toys I have purchased 15 of. I sold all 14 within a week of lowering my price for an alleged “profit” of just over $4 per toy. I paid just under $10 each, but it took 3 boxes to ship them. Add to that packing materials and I was in at $13 per item. Now here’s the real catch – I doubt I made anything in reality. I sent these in October. I was hoping the price would get jacked up for holiday season. In stead the price tanked and it just now recovered to a profitable level. The reason I doubt I made anything is due to the bloated storage fees ebay charged in October-December. Amazon is so convoluted I’m not even sure how to see these fee charges. And frankly, I’m tire of trying to understand FBA.
Also of note, I’m on the cusp of hitting 50 lbs on my weight loss and lifestyle change journey! No dieting, no pills, no special workout regimens. Just good old fashioned eating real, fresh foods, making sure I eat plenty (average 2100-2300 calories a day), and moving a lot. I walk a lot and do basic calisthenics (pushups, crunches, yoga, stretching). The only things I drink are water and hot green tea. I eat a lot of lean protein and only whole wheat breads. Now that I am no longer addicted to processed sugars and grains, I find myself naturally gravitating away from breads and such. I just don’t want them. It has to be a DARN good bread for me to eat it. Why waste the calories on worthless crap like chips or snack cakes? I know that what I am doing is easily sustainable, and I can trust myself to make good choices on a regular basis.
03/06/2017 at 2:22 pm in reply to: Scavenger Life Episode 300: Our 300th Episode!! Now let’s talk taxes… #13939You are definitely double dipping on your automobile deductions. Your accountant allowed you to do mileage and gas? You cannot do that. One or the other.
You could always seal the box back up and mark it up as “return to sender”.
Here is the system I am working on putting in practice right now. My space is a 12×20 barn style storage building with lofts.
I have 3 large metal storage racks. There are 5 shelves, and I can fit 4 tubs on each shelf. Each rack get a letter – A, B, & C. Each shelf gets a row number, 1-5. Each tub get a number 1-4. The top shelf will be for large or awkward items that don’t work well for tubs. I have room for 1-2 more of the metal racks once I get everything very organized.
So when I sell an item that is in tube B34, I know it is on rack B, shelf 3, and on the far right in the 4th spot.
I also have some wooden shelves I built but for now I am only putting unlisted inventory on them. Once I get caught up they will become racks D-F. For hanging clothes I have two wardrobes labeled W1 and W2. I built a shelf above each wardrobe that will be W1T and W2T. Each over wardrobe shelf holds 4 tubs so an actual SKU will be something like W1T3.
I currently have room with this system for 68 tubs if I put tubs on the top shelf of metal racks. At an average of 15-20 items per tub, that will get to about 1000-1200 listed items at capacity. The wooden shelves can hold about 48-50 tubs, so I still have plenty of room.
Lastly, I have two large loft areas that are currently very unorganized. I want to get all my unlisted inventory moved up into the lofts. I already got all my unlisted stuff organized into tubs so this will be fairly easy.
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