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You just have to experiment. Some marks come off easier than others. I just did two pair this weekend and I just used a black marker to block it out.
There is a lot more that goes into that equation. How big is the item? How much time spent cleaning/testing? How difficult is it to pack and ship? How long do I think it will take to sell? What is the risk of a return?
More expensive items are a no-brainer if they are easy to pack and I know they will sell quickly. I’ve paid $15-20 for shoes at a goodwill if I know they’ll sell very quick and for $50+.
Size is also a controlling factor. Walmart has started their clearance sales. They had a stack of Pioneer car radio kits for $60 each. They sell for $100-120 on ebay, but I passed. That’s a lot of money to tie up into inventory that takes up a lot of space for less than 100% profit. The time it takes to sell is also questionable. The market might get flooded soon.
I definitely no longer want “stuff” for Christmas. It was very hard for me to shop for the kids this year. We already have SO MUCH STUFF!! We don’t need anything else. It’s all just empty filler. In the end I still bought stuff, but I made sure that anything I got the kids was something I could spend time doing with them.
I remember Christmas when I was a kid: Everyone opened their stuff, ate, and then went their separate ways for the remainder of the day/week to enjoy their new stuff privately. I don’t want that to happen in my home.
Any time I have ever tried to edit all 500 at a time, the process will lock up and never finish. I have tried on several computers and different networks – even in different states! It does not matter . Every single time it locks up and will stay that way for hours. I have to do 200 at a time, which is one page, in order for the bulk edit process to finish.
I have heard of many other folks encountering this issue as well.
Really there isn’t a lot to think about there. You sold 3609 units at an extra cost of $4079. Assume you spent 5 minutes per item locating it, packaging it, making the label, etc. That’s $13.60 per hour to do it yourself. This is not even considering the time and energy it takes to manage the storage facility for that many items. I mean just acquiring and stocking that many bubble mailers is a task in and of itself!
You are definitely getting great value for that expense in my opinion.How much did you pay for the item and how much did you pay to ship it. Now weigh that against the mounting headache you are dealing with.
I recommend you just tell the lady to keep it and refund her. Let her tear the crap out of the cassette player to get tape back. If this is a vintage player then it could be very likely that a belt broke in shipment. Many of the rubber belts in these older players are already liquid gunk anyways.
My sales have died since Saturday. Is anyone else experiencing a slowdown. I assume it is because people are looking to buy from folks who guarantee Christmas delivery. I have 3 business day handling so I guess that is hurting me.
I’m currently trying to change over all my listings to 1 day handling for the rest of the week. So frustrating that I can only do 200 at a time and the system keeps locking up. Fixing the bulk editor should be at the TOP of eBay’s priority list. Grrrrr…..
I think I would go mad if I stored everything by color! Searching through a tote of all black items for a specific black item? No way.
When I first started shoes I was placing all brown loafers together, black loafers, etc. It ended up that I would have to dump the entire dang tote out and dig just to find the specific pair I was looking for. Even then I’d have to study the label and size just to make sure they were right. I even shipped the wrong pair once because I had two pair of the same shoe but different sizes. Because of the color thing they were in the same tote.
I would highly recommend you stop the color system immediately and do intermingled inventory. A specific black shirt is much easier to find when stored with 10 different color shirts.
I’m registered in my state but I do not use my tax exemption. Most of the thrift stores are not set up for it, and some will flat out refuse to do it. It also attracts an unwanted level of attention.
The only time I really would like to use it is at Home Depot or Walmart for supplies and building materials, but I never do. Those purchases are random and only a few times a year. I think I’ll set a goal for 2017 to start using my exemption.Total Items in Store: 631
Items Sold: 20
Cost of Items Sold: $137
Total Sales: $660
Profit: $523
Highest Price Sold: $79.99 – Lalaloopsy easy bake oven ($25 RA purchase)
Average Price Sold: $33
Average Profit: $26.15
FBA items sold: 7
Total FBA sales: $173.84
FBA COGS: $31.5
FBA Fees: $61.44
FBA Profit: $80.90
FBA Average profit: $11.56FBA notes: I have sold most of the Retail arbitrage toys already on FBA. I still have a few items in quantity that I don’t think will rebound in time for Christmas unless something drastic happens. It seems everyone is tanking the price today for fear of getting stuck with product.
I did sell 4 books this week for $63 in profit. For those of you who fear the long term storage fee, think of it this way: Those 4 books just covered the LTSF of over 100 other books.As for ebay, I’m working hard to list my coats and jacket backlog. The good news: I have help!!! My wife decided to come on board this weekend. She takes great pictures, and she has agreed to take photos of 5 or so items a day if I lay them out for her and create the drafts beforehand. I’m very much looking forward to getting her more invested in the business so we can be true business partners. It’s a great thing to go into business with your best friend.
If you are already using an ipad, just go to ebay in the safari browser. It will appear as the destop version of ebay. You can easily add SKU’s this way on the ipad in draft or active listing.
Regarding the price drops in clothes, I just experienced this last night. I’ve been buying the nice Nike Golf Dri fit polos off and on for a couple months. They seemed to be good for a $25 sale pretty consistently. When I researched prices last night I was shocked to see that many of these shirts were selling for $9.99 or less! Maybe the time of year is contributing, but that is definitely a steep drop off. I still listed them at $24.99 and we’ll see what happens. I’m not in any hurry.
They are already pretty bad at splitting up shipments. I routinely have to ship to three warehouses – one of which is in California. I just don’t understand why they would make an east coaster stock their west coast warehouse for items there is already inventory for.
Oh and not to mention their tree killing ways with the receipts! I’ll buy one thing and they print out a 4′ long receipt with a few extra “coupon” receipts as well.
I was cleaning a few pairs of shoes on my afternoon break and came across a pair of Allen Edmunds dress shoes that I bought last week. They looked funny, and I initially thought they were just dirty and possibly had shoe trees installed for a long time.
After closer inspection these are shell cordovan!! Yay!!
