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If you play your cards right, you make money by paying those fees on invoice.
If you have a points credit card for your business and you pay it off monthly, you get free money.
Example, year to date I’ve had $3100 in ebay fees and $2650 in shipping costs.
Then it just depends on your points rewards how much it is worth. At worst, it is 1% cash back.
In my case, I get 9x points for shipping purchases so just that shipping alone is good for a rewards points hotel night stay, which is worth at least $100.Do you purchase shipping with a credit card? If so, how is it categorized with your credit card?
My current dillemma is that I use ebay with the paypal empty hack to force the credit card. Filtering through paypal causes the transaction to show up as Miscellaneous instead of as shipping purchase. I lose out on a bunch of points this way.Also, do you have the option to maintain invoice for fees or does it always autmatically deduct. Again, I like to pay my fees to an invoice with a credit card for the points.
Ugh…I’ve had two customers since last night let me know their items haven’t arrived. One is meandering randomly around the country. The other has been “in transit” from the main WV hub for the last 5 days. I’m gonna have to go through and check all of my tracking for the last 2 weeks to get ahead of this.
I just took a look and they are only accepting applications for agricultural businesses.
I couldn’t bring myself to apply for the loan as I was not negatively impacted. It just didn’t feel right.Average profit should have been $26.91
I really need to fix my spreadsheet so I don’t have to re-highlight items for that calculation..I sold a tracksuit to a Mexican customer. Shipped direct – no issues. I suppose I got lucky.
Items in Store 1561
Items Sold 54
Total Sales $1,697.00
COGS $244.00
Total Profit $1,453.00
Average profit $23.82
Average sales price $31.43
New Listings 37It’s funny how quickly perception changes – this felt like a slow week! It most certainly wasn’t – I just didn’t have as many big ticket sales this week as last.
In an “only relevant to me” way, I’m glad the thrift stores have been closed. I needed the mandatory sourcing break. I’ve been working hard organizing and listing and let me tell ya, I was at max capacity on unlisted inventory. Now that I have it all organized and streamlined, I realize I need to keep on plugging on my death piles instead of shopping even when the stores do open back up. I will do garage sales as they start back most likely, as that’s where I get the unique and interesting stuff. The cool stuff rarely hits the floors of thrift stores anymore.I did do some sourcing this week though – I was at home depot and they had two HUGE items on blowout clearance – a Riding mower jack stand , and a riding mower bagger unit. Both were only $50 and new in box. I sold the bagger unit for $250+shipping within 2 days. Yeah it’s a huge box, but $200 to haul a big box home and then to shipper? I’ll take it!
With my Hilton Amex, I get 3 points per dollar for all purchases, and 9 points per dollar for shipping purchases.
When I wasn’t a top rated seller I bought everything through pirateship. Once I got top rated seller back, ebay beats pirate ship on most priority mail shipments by at least 25 cents, so I went back. A month into it I checked my points accrual, I noticed I was only getting 3 points on ebay shipping because it was being classified as miscellaneous. Because the funds have to be filtered through paypal, it gets classified as miscellaneous instead of shipping. BOOOOO!!!!It is still worth it because ebay is cheaper on priority, but I still do all 1st class through pirateship since they are the same price.
Homechooling on lockdown SUCKS.
Normal homeschooling where we are free to go whereever we want whenever we want is AWESOME.While I think it is cool that people are getting a taste of homeschooling, I fear that many think this is what homeschooling really is – being stuck at the house all day every day. We have so many activities we do that have all been ended since the stay at home order started.
14lbs doesn’t sound like a alot, but coffee is light I suppose. Just how much volume is 14lbs of beans? Can you give more details on the roaster? I’m quite curious about it. Just how big is it?
Some buyers think they are SUPPOSED to leave neutral feedback if things go “as expected”.
Also of note, some people are just assholes.Ignore it and move on. When I get a neutral, first I mentally thank the person for not leaving a negative. Then I respond to the feedback that “I strive for 100% satisfaction. Buyer did not reach out to me prior to leaving feedback”.
Items in Store 1578
Items Sold 61
Total Sales $2,625.00
COGS $193.00
Total Profit $2,432.00
Average profit $39.87
Average sales price $43.03
New Listings 95Wow what a week! I had several big ticket sales that boosted my numbers. If only every week could be like this week…that would be awesome. I’m gonna keep riding this wave as long as it lasts. I slowed down a bit this weekend because I got hit with whopper of an allergy attack. I’ve been freaking out thinking I have the coronavirus. Not fun at all.
A quick tip – Paypal currently has no fees on instant transfers. Take advantage of that while you can! It’s nice to instantly have new money in my checking account instantly.
So a couple things, if you use the send offers to buyers tool on mobile app, it recently changed to default to “allow counter offers”.
Secondly, the offer history is broken in the apple mobile app. I have asked MANY times to get this fixed. I don’t think it ever will. You have to review the offer on the desktop site in order to see offer history.
Items in Store 1544
Items Sold 65
Total Sales $1,849.00
COGS $174.00
Total Profit $1,675.00
Average profit $25.77
Average sales price $28.45
New Listings 35Wow I blew my Items Sold record right out of the water this week! A guy could get used to these kind of sales weeks.
It’s been kind of a sucky week. I got the stimulus money, and the same day my dishwasher AND refrigerator died. Story of my life!
I did gut the broken refrigerator before they took it so I could sell the parts. I should be able to make about $800 once everything sells.
This weekend I finally finished rebuilding the rest of the wooden shelves in my inventory building. Now I have all of my storage fully “efficientized” so I can plug ahead with listing my profit piles in an orderly fashion.The ominious “Cost Protection Measures” corporate emails are starting to come in at work. This week they stated that noone can rollover vacation anymore. We have to use 100% of what we have by the end of the year. I don’t see how this saves the company money, but whatever. It is inevitable that other cuts will come at some point this year as our sales intake goes down.
My sales this week give me hope that I really could survive on my ebay sales if my day job ended. I’ll keep on chugging along since I have alot of free time right now. I’m working from home, which means my work computer is set up right next to my ebay computer at my listing station. I’m listing in the downtime as I really only have 2-3 hours of real work a day since I’m not on-site.
