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Godaddy’s response was literally “we just report whatever they give us”. Like they don’t have a clue nor care. They put the onus on me to magically hash it all out with ebay if I want it fixed.
I got dinged the other day for an item I sent 1st class on pirate ship. USPS claimed I actually sent a flat rate envelope. This was a video game sent in a small ebay padded mailer that weighed 3 oz. I have no idea how they could make such a gross mistake.
Hopefully this is not part of the solution – randomly overcharging people to see what they get away with.
08/11/2020 at 8:25 am in reply to: Scavenger Life Episode 475: Spotting Problems, Solving Problems #80551Items in Store 1282
Items Sold 25
Total Sales $739.00
COGS $86.00
Total Profit $653.00
Average profit $26.12
Average sales price $29.56
New Listings 7
Yesterday we had our refinance appraisal. We used that as motivation the last 2 weeks to hardcore do work to our house so it looked its best for the appraisal. I am TIRED! TONS of painting, trim, repairs, cleaning, etc. I took a week of vacation from my day job just to get this work done.
Now it is done and our house looks amazing. I’m gonna take a week or two to reorganize my ebay space that I wrecked during this process and get back on the listing train.
Numbers for the week weren’t going well but I had two $100+ sales this weekend that saved the week.
Also of note, this past weekend was the annual neighborhood yardsale. We took a break from work to hit the sales. There were SOOOO MANY yard sales! I was tired of them by the time we were done. I was able to get a bunch of great stuff. Yard sales are where I get my best items for my store – the good stuff rarely hits the floors at thrift stores anymore.
08/07/2020 at 8:49 am in reply to: ebay managed payments & GoDaddy Bookkeeping – good news I hope #80420Ugh…what a mess. I also had to create a second ebay link to bring in new data.
The GSP international shipping costs is a major issue. Pitney Bowes is also listed as the customer for the original sale as well.
The ebay item title on sales and fees needs to be rectified.
I’ve reported all the issues I see to godaddy.
How disappointing… they’ve had MONTHS to work the bugs out and it appears they did nothing at all this whole time.
08/03/2020 at 11:37 am in reply to: Scavenger Life Episode 474: How Do We Only Sell High Priced Items All The Time? #80312Thanks for the tip. I’ll keep it in mind.
I was told it may be September before we can close, but maybe it will be sooner since the Appraisal didn’t take as long as expected to schedule.
08/03/2020 at 10:56 am in reply to: Scavenger Life Episode 474: How Do We Only Sell High Priced Items All The Time? #80311Yeah the way I understand it is that they assign a form of a multiplier to the sq footage based on the quality of the place. It could also affect the comps chosen. In our case we have 5 kids and they routinely ransack the place – dings in walls, drawings on the walls, etc. We also had a couch that tore up the wall in the living room where it touched the wall.
In my experience, appraisals can be a mixed bag. In my old house I had to refinance in order to maintain two mortgages until sale when we moved. The appraiser did a BS drive-by appraisal and chose incorrect comps. Literally didn’t even get out of his car. I was PISSED and had to issue a formal complaint. He had to do it over.
08/03/2020 at 8:39 am in reply to: Scavenger Life Episode 474: How Do We Only Sell High Priced Items All The Time? #80299Items in Store 1300
Items Sold 21
Total Sales $877.00
COGS $117.00
Total Profit $760.00
Average profit $36.19
Average sales price $41.76
New Listings 6
A snapshot of how little listing I’ve done the last few months: On April 26 I had 1578 items in my store. Today I have 1300. I’ve been on cruise control since then, but what an amazing cruise control it’s been! Amazing that an $877 week can be considered a disappointment.
We have an appraisal of our home on Thursday for our refinance. We made the impromptu decision on Friday to blitzkrieg our house with improvements before the appraisal – stuff we’ve been putting off for years. I’ve installed lights, planted plants, moving/installing cabinets, and we’re repainting ALL of the common areas of the house.
It’s ton of work in a very short time frame. It will feel real good to have it all done! Will it have an affect on appraisal – don’t know don’t care. What’s important is I needed that hard short duration deadline to get in the zone and get alot of work done. I’m the type of person who best performs under pressure at the finish line. It’s a blessing and a curse. I don’t do well with long term project timelines…
Anyways, highlight sale of the week was some digital time keepers and software. Bought it all for $20 at the government surplus place locally a few months back. Sold for $200. That place had sky high prices on everything so I made it my personal mission that day to find the “diamond in the rough” that they overlooked – these time keepers were it. I love how I can find awesome stuff that sells for good money pretty much anywhere I go.
08/03/2020 at 8:28 am in reply to: Scavenger Life Episode 474: How Do We Only Sell High Priced Items All The Time? #80298Great sale!
When the numbers all make sense and the flip time is that short, the COGS really don’t matter.
07/31/2020 at 2:52 pm in reply to: Managed Payments: Paying for shipping with a credit card – how? #80214Well this is disheartening. I was hoping I could go to direct card payments once in managed payments. I do the paypal clearout trick currently, but the way paypal reports the transaction to my credit card I’m not getting full points for shipping transactions.
Things are rapidly changing for the better at ebay in the CSR realm. The new chat function is excellent. They even send you a transcript of the chat after you are done for your records.
The feedback removal tool is pretty good.
I firmly believe the new leadership team is actively trying to become more seller friendly.
07/30/2020 at 8:37 am in reply to: ebay managed payments & GoDaddy Bookkeeping – good news I hope #80187The sales transactions missing the title is a BIG deal!
That’s how I cross reference my COGS since ebay won’t allow us to download a years worth of data (which is inexcusable).
07/27/2020 at 3:53 pm in reply to: Scavenger Life Episode 473: Does Insurance Make You An Adult? #80027Regarding death piles/life piles:
Same as with most things in life, it can be good or bad. It all depends on your plan.
If your plan is
1. Collect piles
2. ……….
3. Profit!
Then you definitely have death piles.
If you simply have no plan and you’re just piling up junk, then honestly it is WORSE than death piles.
If you are going to play the game of purchasing everything sellable that comes across your path then you have to plan.
You MUST have storage
You MUST have an organizational structure
You MUST be efficient and list as much as possible when you can.
You MUST NOT have a “precious” mentality towards anything in inventory.
You MUST be able to establish and uphold self imposed limits/constraints at any time.
I try to stay mindful of my death/life piles but they can still get out of control occasionally if I have a stretch of amazing sourcing and limited listing time.
My whole purpose of having death piles was so that if I lost my day job I could hit the ground running with zero scavenging for 6 months so I could maximize cash on hand.
Next month will be my 5 year anniversary at my current job, and after talking with management last week it seems I’m up for another promotion likely around that anniversary date. It looks like there’s no end in sight for my current career, but I still have those death/life piles.
So….I have to adjust my plan again if I want to keep them as “life piles” instead of “death piles”.
That plan is hiring my children to do alot of the work. Time will tell if that works out. If not, I’ll adjust.
Another issue is that if you ship that 1st class you will get a late item ding in your metrics since ebay expects it to be delivered via priority.
07/27/2020 at 9:16 am in reply to: Scavenger Life Episode 473: Does Insurance Make You An Adult? #80006Two 36x12x12 boxes get resized to 36x12x8 and fully closed. Then I cut out a side on each so I can slip one over the other. I wrap the skis and place in the first box then slip the other box over it, adding extra padding at top and bottom. I usually have to reopen the top of the 2nd box in order to get the second box over everything. THOROUGHLY tape everything once together.
Voila – a custom 60x12x8 box.
Shipping wizardry is my jam.
07/27/2020 at 8:32 am in reply to: Scavenger Life Episode 473: Does Insurance Make You An Adult? #80003In a bit of other news, I just projected my sales for the year. Last year I had just over 40k in gross sales. This year I’m already at 37k and Projecting my weekly average out for the year has me at 65k in gross sales for the year.
Wow! Looks like I’ll be making “real money” on my taxes this year. Lol!
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