Forum Replies Created
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Posts
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Items in Store 2184
Items Sold 15
Total Sales $353.00
COGS $54.00
Total Profit $305.00
Average profit $20.33
Average sales price $23.53
New Listings 68
Items scavenged 100
Listing 2023 weekly Avg 26Twas a slow week for me. This week things are looking better as I already have 11 sales for $285 through 2 days.
It rained pretty much every day last week so I didn’t get to do some of things I wanted to, ebay or home projects.
Scavenging was EPIC! Read the details in the scavenge of the week thread.
I’ve started creating listings for the epic clothing haul. Now many of these items I don’t have perfect comps for since I pretty much bought the farm of unicorns…
I’m shooting for the moon on many of the listings and will see how the offers shake out.
So far I’ve created 14 listings with an average list price of $120. My average buy cost was around $7. I’ll know for sure once I’ve counted everything. Yeah there was so much that I didn’t count – I think there is around 80-100 items. I was just handing arm load after arm load to the ladies adding it up. I’m just taking it one item at a time and plugging along.
I’m creating the listings out of the back of my van during breaks and lunch at work. Then I’ll do measurements and photos at home.
The highlight for sure was the NWT Coogi sweater. I mentioned in the other thread that there were receipts and original bags. The sellers loaded up my purchased goods in the original store bags. The bag I finished listing today was a Nordstrom bag. In the bottom were two receipts from 2007. One was for a bunch of $20 a pair underwear (Lol!) and the other was for a piece of clothing they paid $185 for.
The next two bags I will do are gucci store bags. I hope there are receipts in those bags too – I’m going to save every receipt I can find to prove authenticity. It’s cracking me up to even post that absurdity of walking out of a yard sale with Gucci bags. It also dawned on me the actual bags are worth money…
https://www.ebay.com/itm/285318259307
…Yep!
I haven’t been able to buy any shoes yet, but here is an example of some of the shoes I saw in the garage that likely came in those bags:
https://www.ebay.com/itm/142914502656
Gucci, Prada, Ferragamo, etc. Man I REALLY hope I can get a decent price on the shoes if I buy everything.
I don’t really want to be a youtube reseller, but if I was ever going to do it this would be the time if this deal goes through. Maybe I just flip the whole lot to one of those youtube people and take the quick cashout. We’ll see. The possibilities are wide open.
In other news… I was able to finish getting the big lot of Denby dinnerware listed. I also did all the sorting/organizing of the 250 piece NWT scrubs lot I bought. They are sorted by color, style, and size so I can quickly and easily create listings this week by color/style and have the size as a variation.
I have a 4 day weekend coming up and I hope to get a TON of ebay listing AND organizing done in prep for round 2 of the epic designer sale.
Bumping this one as I finally got that Denby China listed this weekend.
https://www.ebay.com/itm/266312073730
I sold the butter dish for $70. One single piece…$70. Amazing! My listed price for everything was almost $1600!
Oh man… I hope they create a tool for us to identify and fix these listings.
…also I hope said tool doesn’t break all of our listings….
…and I hope the change in general doesn’t break all our listings…
….who am I kidding – they’re definitely going to break everything one way or another.
Nothing of special note today – my ebay store was DEAD. June is never spectacular, so it is what it is.
The Walking Dead Graphic Novels Volumes 1-8 Comics
https://www.ebay.com/itm/266297116006
One of my yard sale pickups recently. I took an offer of $40 just to get a sale. I basically negotiated these in for free when I built a pile at a yard sale.
Adidas Mens Tubular Shadow BB8974 Brown Running Shoes Sneakers Size 11.5
https://www.ebay.com/itm/266282861376
This sale is a textbook example of my sourcing rules – good STR and $50+ item. I took an offer of $50 – again just because my store was so dead all week. They would have sold for full price if I had waited a few more weeks. I did pay up at $10 for these since the local goodwills just get more and more expensive and individually price shoes now. As long as the numbers make sense (Sale price and STR), the COGS really don’t matter.
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<div>Black and Decker MATRIX Reciprocating Saw Attachment</div>
<div>https://www.ebay.com/itm/266288308189</div>
<div>I picked up two of these matrix tools a couple months back for $4 each at goodwill during my period of not listing. Both sold quickly within 3 weeks of listing. I looked at those things sitting on a shelf for months unlisted. It is easy to get frustrated that they weren’t listed, but you have to buy the good stuff when it is available not when it is convenient. Thankfully this is not my main income and I can afford to sit on unlisted cheap inventory.</div>
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<div></div>You ever had a dream where you went to a yard sale and it was PACKED with the most amazing stuff and it was all cheap?
I’ve had those dreams too…but this weekend I got to experience it in REAL LIFE!!!
NWT Ralph Lauren mens stuff as far as the eye can see – some purple label. A NWT coogi sweater. Other designer brands – NWT.
One item I missed (possibly) was one I was hoping to find – a Ralph Lauren bear sweater. I saw it as I was paying. The wife running the sale was holding it for her neighbor. She said she’d give it to me next week if the neighbor changes her mind. Oh, and it was NWT of course!!
it was all real – there were receipts and store bags for the higher end stuff. I got a tour of the garage stuff that wasn’t for sale yet – shoe boxes of $300-1000+ men’s shoes 5 deep and 5 tall new in box .
I bought over 75 clothing items for $615. I don’t even know what I have quite yet, but I’d estimate the value of what I got is at least $4k, possibly much more.
I used to work with the guy who was doing the sale. The stuff is from a relative that passed. And older man who had obscene amounts of money and was addicted to buying clothes/shoes and jewelry. They are looking to offload everything if possible. The crazy part – what I saw is only about 10% of what is available!!! Everything else is at another house that is packed full.
they took the jewelry collection to a jeweler and offloaded everything for $70k. I bet that jeweler took them to the cleaners.
Anyways, this will get real interesting after the 4th. I’ll have a big decision to make on how far I want to go on this. They know I have a shoes/clothing store. I’ve told them I would be interested in everything – clothing and shoes. Would I really go all in? How do I handle this?
I’ll have to hire an employee if I do for sure.in the meantime, I need to process what I bought this week to start making some sales. I’m wondering if I should go to Poshmark with all of this as well.
In other scavenging news… got another $200+ carhartt Detroit lined jacket for like 25 cents ( part of a fill a box for $5).
a new in box generator transfer switch for $100 that sells for $350.
a felting machine (kinda like a sewing machine) for $10 that is really rare and sells for $300+.
The level of awesomeness of yard sales this summer is blowing my freaking mind!
I didn’t ask and they didn’t ask. I’d like to think their mind went wild after I left. Lol!
2 broke homeschoolers update
Items Purchased 21
Items Listed 16
Items Sold 5
Gross sales $89.02
COGS $42.08
Shipping Labels $27.28
Fees $12.64
PROFIT $7.02
Withdrawals $0.00
Available balance $27.02
Active Listings 11
Active List Value $192.89No buying or listing this week and a single sale as my older kids had to finish up their school portfolios for year. They have a day camp this week and will get back to it this weekend.
Items in Store 2176
Items Sold 19
Total Sales $764.00
COGS $107.00
Total Profit $660.00
Average profit $34.74
Average sales price $40.21
New Listings 59
Items scavenged 265
Listing 2023 weekly Avg 24House projects and father’s day kept me from meeting my listing goal but I’m still above my 77 average goal for the summer. It’s pretty funny that I’m considering 59 new quality listings a sub par performance. I may not hit it again this week as I have ALOT of ebay housekeeping to do with inventory management. A clean ship is an efficient ship!
I also scheduled a summer vacay in mid-august instead of our usual September trip. An opportunity arose to get one of the nicer condos we have stayed at for a VERY good price so I jumped on it.
Oh I forgot to add that I sold the golf clubs I shared in the scavenge of the week thread a week or two ago. Sold on facebook for $150.
So in total I got $175 for the clubs and the shoes for a $125 profit.
Nike Marshall Thundering Herd Game Worn Football Jersey NCAA
https://www.ebay.com/itm/266294968934
Since I live so close to Marshall I occasionally find player used apparel but never a game used football jersey! Found this at Goodwill for $8. Took an offer of $100 in just a couple hours to a local buyer.
Xbox 360 Guitar Hero RedOctane White X-Plorer Wired USB Controller Model 95065
https://www.ebay.com/itm/266282738149
Some of these guitars are worth big bucks! Definite BOLO.
Camp Chef Gen 2 Wifi Controller Pellet Grill
https://www.ebay.com/itm/266285903793
I took an offer of $125 to get the sales a movin’ this week.
WWE Royal Rumble – The Complete Anthology, Vol. 1 DVD
https://www.ebay.com/itm/266283280996
I always pick up wrestling media. In this day & age the streaming versions can be edited at any time. controversial content can be removed, song rights can expire and be replaced, etc.
It’s amazing that in 1984 Orwell predicted the idea of constantly updating and editing of media to present accepted ideals.
Yard sales were a bit disappointing this week. I was about to call it a day and stopped by one last yard sale. It didn’t look like much, but I always at least get out and give it the ol’ once over since I already drove to the sale.
In the middle there was a table with a massive jumbled pile of clothes. I saw new tags in the pile. I inquired and they were all new with tags scrubs. Nice ones too. I asked how much – $2 a piece.
Oh man….this is a rare find…but so much clothes. I asked if they’d do a buck a piece, kinda hoping they’d say no. After pondering it a bit, they said yes. I started to count a few and REALLY didn’t want to count them all. Just eyeballing it I figured there was around a hundred so I said “want to make it a an even hundred so we don’t have to count them all?” They said no as they thought there was alot more than a hundred. Well… they were right. VERY right.
There were 250 pieces!!!
I threw them all in the van and called it a day.
This week I’ll get them all organized, then just create a couple listings with multiples in size and color. The work will just be sorting and organizing, which I’ll pay my kids to do. The actual photographing and listing will not be too much at all. Total profit once they all sell will be around $3000. It’s definitely a pipeline!
No advice. Yes they used to be easy to deal with. No so anymore. Last time I had two claims going on at once. I filled out forms online and submitted documents. They sent me a paper form. I filled it out online again -submitted documents again. Paper form sent again. Tried calling, repeatedly hung up on, transferred to other departments. Told to call departments that didn’t exist with fake numbers given.
Then the claims disappeared from my online account.
It was crazy! I gave up on both claims.
You’re pretty much screwed with all 3 big carriers now.
I would have totally sold the whole thing for the price he paid as I was in the mood to move items. I’m glad he was adamant on the box!
2 Broke Homeschoolers Weekly update:
Items Purchased 21
Items Listed 16
Items Sold 4
Gross sales $70.68
COGS $42.08
Shipping Labels $22.47
Fees $9.92
PROFIT -$3.79
Withdrawals $0.00
Available balance $16.21
Active Listings 13
Active List Value $204.88Again, these are cumulative numbers for the summer. COGS are for all inventory, be it listed, unlisted, or sold. Maybe it will work better than Excel. My kids were super busy trying to wrap up school this past week. There was no time to do any listing but they did source a few things at yard sales and Goodwill. The 5 new items they got will add about $130 in list value when they list them this week.
Their COGS is right at $2 average. That’s a great cost for someone starting out from next to nothing. Their average net profit on 4 sales so far is $8.50. This week we’ll discuss promoted listings and see if they want to run an experiment on that to spur some quicker sales.
Items in Store 2136
Items Sold 24
Total Sales $774.00
COGS $72.00
Total Profit $715.00
Average profit $29.79
Average sales price $32.25
New Listings 79
Items scavenged: More than I should…but I’m listing them!
Listing 2023 weekly Avg 23Much better than my average this year, and hopefully I’m building up some momentum to start having $1k weeks each week the rest of the summer. I just barely hit my goal of 77 items listed this week. Hey, it’s a LOFTY goal for a reason! I would like to hit $15k in sales over this 13 week Summer listing project. I’ll need to average close to $1200 a week from here on out to hit that and it is largely out of my control.
I would need to sell about 300 (30%) of my new listings, and keep getting $500 a week out of my old listings to have a chance.
Some great sales and great scavenges this week. I post them in the new weekly “scavenge” and “Sales” of the week posts. If you aren’t checking those posts out, you should be.
This weekend I lost some listing time dealing with inventory control. Listing 180 items in 2 weeks is easy. Dealing with storing it neatly and efficiently throughout the process – well that’s where you separate the amateurs from the pros. I really wish I would’ve been able to get my garage listing space cleaned up and well organized before the big summer push, but that wasn’t in the cards. I’ll get there! Things will get really hairy here in about 7-8 weeks as space in my inventory shed will become a problem. It is doable but will require a strategy shift and plenty of shuffling of unlisted inventory. In the meantime I will keep plugging away at making the current used space as efficient as possible and hope the number of bins of sold inventory going out start to come close to the number of bins of new inventory going in.
