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Items in Store 1315
Items Sold 30
Total Sales $1,153.00
COGS $70.00
Total Profit $1,083.00
Average profit $36.10
Average sales price $38.43
New Listings 3
My two best sales of the week were two sets of water skis. A couple years ago I stopped at a yard sale late in the day and there were several sets of water skis. The person at the sale said I could just have them if I wanted them. I FINALLY listed them from the death pile a few weeks ago and I’m glad I did. $150, $100, $250 were the sales prices on them! They are a pain to ship, but very much worth it.
The average on a 15 year in 2015 was 3%, so you getting 2% is quite crazy.
Currently the 15 year is at historic lows right around 2.5%.
My refinance is at 2.62%. My existing loan was 30 years at 4.25%, so it’s a huge jump for me.
When did you get 2%? They are hovering around 2.5% right now and that’s incredibly low.
Here in WV, cable/internet companies have regional monopolies. You can’t switch providers since there is only one in most places. It really sucks.
I had been with nationwide since day 1 as a teenager because they did me a solid. I got in an accident. My parents told me I was insured. Nope, they never insured me – just the car!!! I was an uninsured 17 year old driver.
I started my own policy at Nationwide with an agent that was the mother of one of my school friends. They never penalized me for that accident that I was at fault in.
A small thing to earn lifetime loyalty. That loyalty was rewarded with SEVERLY bloated rates. Lesson learned – don’t be “loyal” to any company. Switch early, switch often if you can. Make them earn you.
Ok so I have to resolve this issue because I’m refinancing my home loan and I have to reconcile the credit inquiry that the EIDL application put on me.
I called to talk to a person and they confirmed the $1000 that hit my checking account was the LOAN, not the grant. She said they ran out of grant money on the 3rd…my application was approved on the 4th due to an issue that needed fixed. Grrrr….
She said they might get more grant money at the end of the month.
She also said I should be able to access the loan terms, payment amount etc in my account. I need this info for my home refinance. I went to account and this info is NOT there. Double GRRRRR!!!!!
This was most certainly not worth the effort it seems. Maybe I’ll change my mind if I do get the grant funds and they forgive my $1000 loan.
I’ve built my store with 5 homeschooled children – my oldest is only 13, a full time job, and a full plate of honey-do and children activites to boot.
The key is efficiency. When I am away from my family I want to maximize every minute I have. I get two 15 minute breaks and an hour lunch at work. I used to spend both breaks and lunch either listing or shipping (now I spend them exercising).
I have listed out of the trunk of my car during kids soccer practice before. I’ve sat in the audience during a play practice creating listings of a bag of hats.
I will take photos on my phone and then upload them to listings in every spare minute of the day I have – walking around Wal-mart, using the bathroom (don’t judge), etc.
I used to have my wife drive to places so I could be listing in the passenger seat. We’ve switch back because now my wife is writing her novel while we are in the car (again, every minute counts with 5 time demanding children).
You have to find time – even a minute or two if you can – and make it count to the max.
If I can build a store in my spare 10-15 minutes at a time, you can too! Good luck!
In this case I would respond “If you are unhappy with the shipping charges, I can cancel the order for you. Let me know how you would like to proceed. If I don’t hear anything by “X” date, I’ll proceed with shipping. Thanks”.
That puts the ball in their court.
I took a look at your store.
Unfortunately, your items are what I consider slow movers. In my store similar brands/items take years to sell, even at lower prices.
I’d also recommend changing your backdrop to white. I use marine vinyl from a craft store. Very durable and pretty cheap.
When I first started a few years ago I ran a store with max 100 items and I had very quick turnover. I mainly sold electronics and toys. When I sourced I would only get things that had a high sales to listings ratio. Then I would always price my item competitively. Back then I also pre-boxed all my listings which is why it was important to turn over quick.
Then I found this site and started moving to slower moving inventory like clothes and shoes.
If you are time limited then I highly recommend you focus your scavenging and listing to items that have far more 90 day solds than current listings. This way you can pretty much assure you will sell it within 90 days.
I also applied for a $1000 loan. That was the smallest amount I could apply for, and there was no option to just apply for the grant. I thought I could let the paperwork expire on the loan, but I got an email saying my whole application would be thrown out if I did that.
I talked with a rep through email and they weren’t much help at all. They could not/would not confirm if I could just get the grant.
I did not have direct contact with this person but I have had direct contact with the supervisor who sent him home. I always have a mask and social distance while at work and sanitize before/after I touch anything that isn’t mine, but now that the virus is confirmed at our facility and I have no idea who has been exposed combined with the fact we have many people here who don’t take the prevention steps seriously I’m quite concerned.
Ideally it would be nice if management would re-enact the work from home policy and spread out the production employees more, but management is opposed to those steps.
So I got $1000 in my bank account today. I don’t know if it is the grant money or the $1k loan I applied for because they said my whole application would be rejected if I didn’t take it…or both. I tried talking to a person but they did not answer my questions.
I’ve received no communications on how/when/where to pay back the loan.
In hindsight, I wish I would have taken the full loan offered to me. There is talk about forgiving ALL these loans under a certain dollar amount in the future.
Items in Store 1342
Items Sold 32
Total Sales $1,845.00
COGS $398.00
Total Profit $1,447.00
Average profit $45.22
Average sales price $57.66
New Listings 20
I had a HUGE Sunday. Over $1000 in sales. I was also finally able to focus and get a bit of work done on ebay as well. I’ll have plenty of time to get things done this week….there has been a positive case of covid at my workplace so my wife wants me to stick to myself this week since management has decided to go about “business as usual”.
It’s a crappy situation because allegedly this worker just returned from a Florida vacation. Many in his family were already symptomatic, he did not alert management and reported to work anyways. Then he tried to conceal the fact he was symptomatic while at work. Our managements response has been less than stellar.
