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I store my inventory in an uncontrolled wood building with a vented metal roof. We get 100 degree days in summer and 0 degree days in winter. My items do just fine. I have two enclosed wardrobes that I store coats and wool items in and I keep cedar planks in the wardrobes.
It’s been this way for 3 years and I have had zero issues.
The mold/mildew becomes a problem when the storage area is not vented. You’ll get moisture buildup, mold, and mildew. When the temps change the moisture needs to be able to escape.
I prefer the Ivan Drago approach to unpaid Items:
“If they pay, they pay…”
It’s taken me a long time to get to the point that unpaid items don’t bother me. I’ll send the mobile app payment reminder after a few days. That’s it. If that doesn’t spur a payment then nothing else will. The unpaid item assistant will take care of relisting the item for me. I don’t pull items to ship until they are paid for.
I get your point on the podcast that emailing the person worked, but I bet that is an anomaly more than anything.
I did not get any bites on the offers I sent out Friday.
I just went to try some more items…but the recommended items are items I already made offers on. There is no history associated with the previous offer to know what I offered or when.
Ugh…..this is gonna be SUPER spammy as Jay suspected.
Items in Store 1069
Items Sold 14
Total Sales $718.75
COGS $51.25
Total Profit $667.50
Average profit $47.68
Average sales price $51.34
New Listings 29My week was boosted by 3 big ticket sales over $100. I can’t recall ever selling 3 big ticket items in one week. I can see why J&R really love having multiple big ticket sales every week. I could get used to that!
I got plenty of listing done.
One item I was working on yesterday was another copy of a HeroQuest board game. I sold one 99% complete a few months ago for $160. This one is mostly complete as well, but the part missing is a large cardboard piece that goes in the box – the armory store. That bugged me, so instead I decided to part the game out. I was thinking off the top of my head $250 or so in profit parting out. Then I started meandering aimlessly on ebay checking random prices of parts to gauge my decision, trying to decide how far to break down the game in lots.It became apparent I was being very inefficient with my time, so I made a plan. I created a spreadsheet and listed all the individual lots I planned on selling. This gave me a clear path to execute my task. I used the spreadsheet to set my lots, set my price, set whether I’d use free or calculated shipping, and noted if I had created a draft or not with sell similar as I went.
This made the work SOOOO much easier and quicker having a plan like that – it stopped my paralysis by analysis dead in its tracks.
In the end I have 28 individual listings, for a total listed price of right at $500! My final profit should be over $300, taking into consideration the free shipping on many of the listings. Parts for this game tend to turn over fairly quick, so I should be able to sell a few lots a week. I think it will all be gone within 6 months.
11/16/2018 at 1:41 pm in reply to: Promoted listings experiment RESULTS: Reducing all promoted listings to 1% rate #51813I don’t know. It’s possible that it is working like the inverse of the buy box over on amazon.
Only the top percentage item gets the ad space, and then once it sells it goes to next in line.You can either wait your turn or jump the line by increasing the percentage.
That’s another possible couple tests:
1. reset the trending rates every day on promoted items to keep rates fresh.
2. Set everything to trending rates, and then bump every listing up .1% to guarantee you are the highest. (this test could be performed on an individual basis with items that have quantities or have a lot of competition).Again, “I am not my target buyer”. There is a reason the buy box works on Amazon.
11/16/2018 at 1:04 pm in reply to: Promoted listings experiment RESULTS: Reducing all promoted listings to 1% rate #51810No correlation. I’ve had consistent promoted listings sales whether I listed or not.
When I first started promoted listings, it was the only thing I changed as it was at a time I wasn’t listing very much. At trending rates with my whole store promoted I was getting $1000 in promoted sales consistently.
The only correlation I have seen is with how many promoted listings I have. The only reason my promoted sales dropped over time is after I stopped promoting new listings. Slowly my total promoted listings dropped as the sold off since I wasn’t adding any new ones. Percentage wise, my sales were consistent.
I don’t have the numbers to confirm this as ebay only keeps 3 months of data. I know because I consistenly looked at the numbers and remember how many items were promoted vs how many items I sold.
Interesting conversation.
While most ebay sales are from ebay search, I believe that pretty much all of my Bonanza sales are from Google search. The buyers there almost all created their accounts the same day they bought my item. Then they never have activity again on the site. The only feedback I ever got from Bonanza was from a buyer that WORKED for bonanza. He also paid with Bonanza gift certificates.You can sometimes tell when an ebay purchase is from a brand new user. Those are likely the google search buyers. They are about as frequent as a Bonanza sale – maybe 1-2 a month.
on Amazon I meant. I’d edit but then I’d break the post.
You can use camelcamelcamel.com to check the sales history of items on ebay.
Basically every “bump” in the sales rank chart is a sale. It is not an exact science, but gives you an idea of how often an item sells. If the sales chart doesn’t populate that means the item pretty much never sells.
11/16/2018 at 10:28 am in reply to: Promoted listings experiment RESULTS: Reducing all promoted listings to 1% rate #51800Oh we’re already at the 15% threshold. Some of my more obscure vintage trucker hats had a trending rate now of 14.7%! I had high prices on them though, so I just left it alone. I want them sold!
I tried this today. I sent out 15 offers and then ebay quit populating the list. These were all very old items – I can tell from the photos. I’ll update if I sell any. I made the offers pretty good since they were old items.
I would leave this piece as-is. It will still sell. You can include the spare replacement part if you want, but I would leave the repair work to the buyer. You could actually devalue the item by doing the repair.
This is how I manage my inventory as well. When a bin gets low, I just search by SKU number to get only the items in that bin, then just move them individually to other bins and change the SKU as I go. It’s really easy and quick.
Once upon a time, you could also edit the price on this screen. They took that option away. There ebay goes again, taking away functionality. Grrrr….
At my local thrifts, it is rare to find multiple items $40 and up. When I go out of town to scavenge, I am able to limit myself to only $50 and up items and I am able to pick a ton of great stuff. I just do a quick “low hanging fruit” pass through each store I go to. If I find something truly exceptional, I will do a deeper dive.
So in my experience, the key to having a higher value inventory is greatly expanding your scavenging radius. Hit each area once a month at most, and keep a more frequent lookout on your local places for the white whales while getting bread n butter items.
Items in Store 1069
Items Sold 13
Total Sales $452.00
COGS $52.75
Total Profit $399.25
Average profit $30.71
Average sales price $34.77
New Listings 4Not much happening on the ebay front this week listing-wise. I was able to score a huge pack of 600 poly mailers for $5 and a nice Zebra label printer with over 1200 labels for $70 at the local K-Mart that is going out of business.
The Zebra printer is pretty cool, but I don’t like how it wastes 2 labels every time I turn it on. I guess I’ll just have to leave it on 100% of the time.
I did start listing most of my arcade machines last week. I have some quite valuable and desirable ones, like Tron and Paperboy. I’m of course looking for top dollar. I’ve just lost passion for owning/maintaining them. I’d rather just visit someone elses arcade – I get my fix when we go to a barcade in Columbus a few times a year.
This time change has just been wrecking our lives. We have all been going to bed between 9-10 and waking up around 5:30. WHile I am thankful for the sleep, it is not conducive to ebay listing at all.
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