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My advice: Don’t do it.
Will you make money? Most Likely.
Alot of money? Probably not
Will the work input justify the profit output? Almost definitely not unless you happened upon a “unicorn” sale.
Just go cherry pick the good stuff. Then you don’t have to deal with the low profit items, broken items, long tail items, and outright trash. Odds are good that even at a unicorn sale you are better off cherry picking.
leave the bulk buys to the folks with the staff and infrastructure to handle the volume.11/06/2020 at 8:59 am in reply to: Alert: some USPS shipping methods not updated the cost to customer for Holidays #83198
I missed your post while I was out of town.
Did you contact ebay to try and get it resolved?
They told me they would try to have it resolved within 3 days, and if I document the incorrect charges they can credit me the difference.
It is just considered a large flat rate box. It’s a rip-off too and I don’t recommend using them.
In the past I’ve used them and resized them a few inches as needed. If you resize them then you can use them for regular priority. Unfortunately, not all post masters know this and will charge you the large flat rate if they so choose. This happened to me once and I never used them again.
Here is what I do instead for board games. Get yourself some long skinny rectangular priority boxes, as well as some of the long skinny regional rate 8 boxes.
You will use two boxes per board game. Seal one end of each box. Put your item in one box, then slide the second box down over the item and the other box. You’ll need to press in the corners of the bottom box a bit so the top box will slip over.
Slide the top box all the way down as far as it goes, then tape up where the two boxes meet. I also like to run a strip of tape all the way around the long way to make sure the two boxes don’t separate.
This slip over two box method can be used on any longer item with any style box. I’ve even done it with 18x18x18 boxes.
Items in Store 1516
Items Sold 32
Total Sales $1,269.00
Total Profit $1,159.00
Average profit $36.22
Average sales price $39.66
New Listings 0
Last week we went back to Universal Orlando. I had been following a guy on youtube who has documented their safety protocols, so I felt pretty good that it would be ok. I was not disappointed in the least. Universal did an amazing job managing mask wearing and social distancing in the park. Surprisingly, wearing a mask in 90 degree florida heat wasn’t hard at all.
Then I get back home yesterday and go to the grocery store to find ZERO cart sanitizing supplies and numerous people not wearing masks. How messed up is it that I felt safer in Florida at a large amusement park than my own home town?
The new time away setting on ebay is AWESOME!!! It took all of 30 seconds to set it up and all of my listings were updated with the dynamic handling time as well as a message to the buyer that I was out of town. I didn’t get a single question from buyers asking when I would ship.
Speaking of luxury problems, I came home to 40 items to ship. It worked out well that I was awake before 4am due to the time change so I knocked most of them out this morning before I left for work.
No problem discussing mad max/star trek philosophy, but can we all agree that over the next week or two we will NOT talk politics on here? We lost multiple awesome members last time. I don’t want that to happen again. I’d love to maintain this little bubble where politics seems to not exist and we can all get along regardless of all those identifiers – it’s one of the very few escapes I have from it.11/02/2020 at 8:39 am in reply to: Scavenger Life Episode 485: Job, Career, Small Business #83112
Items in Store 1548
Items Sold 24
Total Sales $1,059.00
Total Profit $882.00
Average profit $36.75
Average sales price $44.13
New Listings 8
Late to the party as I was out of town last week.
A couple high dollar sales right before I went out of town helped me out big time. The highlight was $200 for a women’s Harley leather jacket that I bought for $20 at a yard sale this summer. That was a fun one because the woman wanted it gone and her husband was really upset about it. As I walked away he said to her “that is totally going on ebay later today”. Yessir, you would be correct! Lol!
My company is forcing everyone to use all vacation by years end. Typically, you can always roll over a year’s worth of vacation. The longest tenured workers get 6 weeks of vacation, and since the pandemic cancelled vacations some workers have 12 WEEKS of vacation to burn!
I assume this is the case at alot of companies to free up liquidity, or worst case, ease their financial burden on vacation buyouts when they have to lay off a large amount of people in first quarter 2021.
Feet in the picture? That may bump up your price $100 or so depending on the buyer. Lol!
Got to try the Southern Split this weekend. French press with heavy cream. It gets 2 thumbs up in our house! I’m no wordsmith, but wife and I agree it is very rich and smooth. The typical bitter aftertaste of cheap coffee is not there at all.
The one question I have is that the smell of the coffee in the bag is different than I’m used to. I expected this out of this world smell when I cracked open the bag. I’m used to ground coffee smelling amazing but tasting like bitter crap once brewed. Now I’m befuddled because this coffee doesn’t have that magical smell, but tastes wonderful once brewed.
I tried doing some google searches and I’ve seen other people ask this same question regarding locally roasted vs national brands, but no definitive answer.
Any thoughts on this Ryanne?
Items in Store 1564
Items Sold 24
Total Sales $721.00
Total Profit $594.00
Average profit $24.75
Average sales price $30.04
New Listings 76
October is really turning out to be a dud compared to September. I agree that people must just be really burnt out on virus and politics and that is why sales are not where I expected. Not to mention the stimulus never happened.
Yesterday I did all of my listing photos and I had a moment of panic. I updated my app on the iphone and mobile photo uploading was RUINED! I had to log a case with ebay in hopes it gets fixed. With the new ‘recent” tool photos upload in a default order no matter what order you select them. So all my photos are in reverse order. If I went to the tradtional photo album area to select photos, completely wrong photos were being uploaded!
I did find a workaround. You click on photo album, then click “all photos” at the top of screen, then click “all photos” again. This will allow you to upload photos the same as prior to the update. That’s ALOT of clicks to get to upload photos…annoying.
In regards to the $1000 machine, I checked my numbers and this year I have a $1000 a week machine too! My weekly total sales average to date this year is $1142.79 and my average minus COGS is $1022.69.
Last year my average minus COGS was only $685, so that’s a HUGE jump.
In regards to the being frugal talk, my major frugality comes via clothing. I’ve converted my whole family to buying used. As I type this, I’m wearing expensive Clarks dress shoes, a $100+ Dri Duck jacket, American Eagle Khaki pants, and a Nike golf polo. All of it is from Goodwill at a total cost of about $11. The only new clothing I buy is socks and underwear. Lol!
Since I’ve lost 120 lbs, I’ve been able to swap out my wardrobe with stuff I already had in my ebay inventory. The best day ever was when I realized I could wear normal width shoes. I went on a shoe ‘shopping spree’…at home in my inventory building.
My wife was slow to come around, but she is 100% on board now. Her wardrobe is amazing. She shops for herself and the ebay store every Saturday and Sunday. When she clears out her closet to make room for new stuff I list everything she discards since it was originally purchased as inventory anyways. Shoes? She has ALL the shoes. How any woman can afford to buy shoes at retail, I just don’t understand. My wife has a closet full of $100+ shoes that in total cost less than a single pair at retail. Again, I sell them when she tires of them so it is always a net profit rather than a loss.
I’ll use 2-3 offers to test their minimum and if I still haven’t hit it I will write the seller and ask what their minimum is. Usually results in an offer that I can consider.
Every single item is different.
Lately I’ve been accepting any reasonable offer, especially on clothes and shoes. I’m swimming in unlisted inventory so anything going out the door is a good thing.
I do not put a minimum offer on most items, but I typically do put them on items that are priced high or that I know have a high sell through rate.
I’ve noticed in the mobile app that many times the second number doesn’t register when clicked. So lets say I type $25 and hit send, and it will stop at $2. I have to catch myself and redo it before sending. It’s like the app is lagging and doesn’t recognize the entry.
I noticed last night that there was a routine pair of shoes in a tyvek mailer that FedEx was 25 cents cheaper ($8.50 vs $8.25). That’s a big deal. I may need to start grabbing some free fed ex supplies to keep on hand if this cost battle continues.
Items in Store 1512
Items Sold 26
Total Sales $867.00
Total Profit $771.00
Average profit $29.65
Average sales price $33.35
New Listings 70
Man I hope 4th quarter starts to pick up soon. I keep hearing all the stories that online holiday sales are gonna blow up huge and early this year. I really hope so. Having said that, my year over year numbers are way higher than 2019 and 2018 for October. My typical uptick doesn’t happen until Thanksgiving. I’m greedy though – I want it NOW!!
I had a fun listing yesterday. I was in a mood to start grabbing random things and listing them, and happened across a bag of new cross stitch kits. They always sell and are easy to list, so why not bang them out real quick. They typically don’t sell for alot. Well I got to this one bigger kit and typed in the UPC. I got nothing, so I typed in the brand and some relevant keywords and sorted by highest price. Holy crap, there were multiple $200+ sales! I hadn’t even paid attention to what the kit was so I flipped it over make sure what I had was the desirable kit. It is a Christmas tree skirt cross stitch kit. I have the only one of this pattern on ebay, so I went big.
For the record, I audibly gasped when I realized the potential value of this kit! And to think it’s been sitting in my “not interested in listing” bin for years…
Not much else going on in my world. Still freaking out about how much unlisted stuff I have. Still conflicted on if I should keep sourcing.
Have a great week everyone.
While I have no plans to leave my day job, my FU money has empowered me to stand up for myself from day one at this job. Without that FU money, I’m quite sure I would have let myself get steamrolled for fear of losing my job. I’m currently waiting for HR to finish a job posting for my next roll here that will put me in charge of all technical aspects of our foundry.
FU money is a very powerful thing indeed.