Forum Replies Created
-
AuthorPosts
-
12/18/2018 at 12:43 am in reply to: Scavenger Life Episode 390: Building a Business to Build a Life #53578
Thanks for the podcast R&J. Hope you enjoy your time in NY. You weren’t specific but I presume this time your trip is for fun, rather than work.
Here are my numbers for the week:
Total Items in Store: 2595
Items Sold: 60
Total Sales: $1156
Cost of Items Sold: $101
Average Price Sold: $19.26
Average Cost of Item: $1.69
Highest Price Item Sold: $63.71 Vintage Radio Shack TRS-80 pocket computer PC-2
Number of items listed this week: 25
YTD Sales: $45477
YTD sales compared to this time last year: +19%
Average age of items in store (in days since listing): 352
Average number of days between listing and selling this week: 327
Median age of sales (in days, between listing and selling): 203
Sell-through rate (for the week): 2.31%I had a pretty busy week. On par with this time last year. No high value sales. Just lots and lots of bread-and-butter items. (40 hats sold this week). The average age of my sales (from listing to selling) was about 11 months. I actually sold a couple of hats that has been listed for 3 years.
I found Jay’s comments around that hourly wage thing interesting especially the comment that if it doesn’t feel like work (eg: going to an auction), it’s not work. Does “work” really have to mean doing something unpleasant? eBay is work but I actually enjoy most of what I have to do around my eBay business so it feels more like a hobby. I don’t have any interest in calculating my hour wage for my ebay business because if I wasn’t doing eBay I’d be spending time on something that didn’t make any money at all (like watching tv or taking a hike) so any money is better than none no matter how low the hourly wage works out. The hourly wage discussion only really matters if i) you’re trying to decide between doing another hourly-job or ebay or ii) you’re trying to set yourself some kind of goal to increase productivity.
Hope everyone makes a few dollars this week and gets some down time over the holidays.
Hi R & J – Thanks for the podcast!
Here are my numbers for the week:
Total Items in Store: 2630
Items Sold: 48
Total Sales: $1143
Cost of Items Sold: $141
Average Price Sold: $23.81
Average Cost of Item: $2.95
Highest Price Item Sold: $99.71 Saitek Pro (X52) PC Flight Control System,
Number of items listed this week: 66
YTD Sales: $44322
YTD sales compared to this time last year: +19%
Average age of items in store (in days since listing): 351
Average number of days between listing and selling this week: 191
Median age of sales (in days, between listing and selling): 74
Sell-through rate (for the week): 1.83%Sales were good this week as is typical for this time of year. (I’ve been running 20% ahead of 2017 consistently for the whole of this year and this last week was on par).
During the week I listened to the podcast about the rise and fall of Nasty Girl as you recommended last week. I enjoyed that. What was interesting is that during much of that time that Nasty Girl was going through that period, I was working at Modcloth, an online women’s clothing company that specialized in vintage-style clothing. It was started by a husband and wife who sold stuff from thrift stores initially and grew to a $100 million/yr business before fashion fads changed and the company tanked. ( I was laid off at the end of 2014).
Regarding leaving a full-time job, I’ve got a count-down timer on my computer which tells me every day how many days I have left till I plan to retire from full time work. Today it says “402 business days” which is about 18 months to go. I’m half way through the plan I set 18 months ago. My goal coincides with my 55th birthday. Until then I have a golden pair of handcuffs at my current job with a salary that cant realistically be replaced by my current ebay biz.
Hope everyone has a great week. Based on last years numbers it looks like this upcoming week is the last big week for online sales for me before the holidays.
11/26/2018 at 12:16 pm in reply to: Scavenger Life Episode 387: Do Black Friday, Small Business Saturday or Cyber Monday Matter? #52285Hi Ryanne & Jay. Thanks for the podcast!
Here are my numbers for the week:
Total Items in Store: 2620
Items Sold: 48
Total Sales: $1258
Cost of Items Sold: $150
Average Price Sold: $26.21
Average Cost of Item: $3.15
Highest Price Item Sold: $100 Franklin Merriam-Webster’s Advanced Dictionary (old device, new old stock)
Number of items listed this week: 76
YTD Sales: $42373
YTD sales compared to this time last year: +20%
Average age of items in store (in days since listing): 343
Average number of days between listing and selling this week: 143
Median age of sales (in days, between listing and selling): 51
Sell-through rate (for the week): 1.83%I had a pretty good week sales-wise but, like you guys, no noticeable bump over Black Friday. I had a week off work and spent most of the week doing eBay so I got a lot of random stuff listed.
My interesting purchase of the week was a box of new, old-stock TV parts for 1940s TVs. Fortunately they were all clearly marked so I’ve been able to list and sell several Horizontal Output Transformers and Deflection Yokes this week despite having no idea what a Deflection Yoke actually does.
Hope everyone has a great week!
Hi R & J,
Congrats on a great week of sales! 88 sales is certainly a lot of shipping to do in one week.
Here I my numbers for the week:
Total Items in Store: 2586
Items Sold: 41
Total Sales: $1077
Cost of Items Sold: $147
Average Price Sold: $26.28
Average Cost of Item: $3.59
Highest Price Item Sold: $84.95 Macintosh Mac Apple Performa 575 – For parts
Number of items listed this week: 27
YTD Sales: $39834
YTD sales compared to this time last year: +20%
Average age of items in store (in days since listing): 332
Average number of days between listing and selling this week: 197
Median age of sales (in days, between listing and selling): 86
Sell-through rate (for the week): 1.59%Another solid week for me. Not as great as the week before but it was higher than the same week last year.
Have a great week everyone!
Retro T WV – While eBay hasn’t told exactly how things work, it’s safe to assume they are trying to make as much money as they can so they have to balance showing the most relevant promoted listings against the ones that are being promoted at the highest percentage. Someone could offer to pay 50% for as a promoted listing fee but if it’s not relevant to the buyer’s search, there’s probably no point showing it. Where 2 items appear basically identical to their algorithm they are likely to pick the one that’s going to be most profitable for eBay (final value fees + promoted listing fee).
Thanks Jay!
One of the good things about selling hats is you can store a lot in a relatively small space :- about 65 – 75 in an average size tub/tote we probably have about 25 tubs of hats.
Hats are still our “bread and butter” items. Normally they account for about 60 – 70% of our sales and sales $ but this week they were 50% of the sales (18 of 38) but only 20% of the sales $ ( $300 / $1500) which was unusual.
At this time of year, I spent my Saturdays at yard sales and estate sales sourcing anything I can find. The non-hat sales generally reflect what I’m lucky enough to find on Saturdays.
Regarding promoted listings, they give you some stats to show if it’s generating traffic to your site and if it’s generating sales. At a 1% fee it seems like a worthwhile experiment
I’m late to the party but here are my numbers for last week:
Total Items in Store: 2600
Items Sold: 38
Total Sales: $1510
Cost of Items Sold: $147
Average Price Sold: $39.75
Average Cost of Item: $3.87
Highest Price Item Sold: $369.95 Orbi Netgear RBK53 AC3000 Tri-band WiFi System
Number of items listed this week: 25
YTD Sales: $38756
YTD sales compared to this time last year: +20%
Average age of items in store (in days since listing): 330
Average number of days between listing and selling this week: 177
Median age of sales (in days, between listing and selling): 69
Sell-through rate (for the week): 1.46%I had a very good week. One of my best for the year so far. My biggest sale of the week was some home networking equipment mentioned above that I picked up from a yard sale on Saturday for $20, listed and sold the following day for $369. I’d love to get one of those flips every week.
Jay – I’m glad you had a chance to try the scooters while in SF. The photo you take at the end of the ride is to prove you didn’t leave it somewhere stupid like in the middle of the sidewalk like some people had done in the past. That was one of the complaints about the scooters when they first rolled them out.
Have a profitable week everyone!
10/23/2018 at 3:17 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50616I’ve never read / heard of helmet laws being enforced. I doubt it ever is unless someone is doing something dumb and the cops want to punish them to the max.
If you can swing it with your schedule, taking a spin across/around Crissy Field might be fun on a scooter.10/23/2018 at 11:58 am in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50613R&J – I just finished listening to the show. Hope you try out those scooters like you talked about on the podcast. They are a lot of fun. Definitely recommend it. I even bought my family into the city a few months back and we rode those scooters around the waterfront. It’s cheap fun. I’d recommend installing the apps in your hotel room rather than doing it on the street as there are a few steps to go through : Scoot and Skip are the ones on the street right now. There used to be several other companies out there but the city decided that they were an annoyance and removed all of them for several months. They did a permitting process and only returned a couple of weeks ago. There are a lot less of them out there now.
10/22/2018 at 1:26 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50552Hi R&J
I haven’t listened to the show yet as I’m having a long weekend and I’m saving the podast till my Tuesday morning commute. Hope you got/get to enjoy some warm weather while you were in the SF area. (It was certainly nice and warm outside of the city itself this weekend but the city has it’s own microclimate.)
I don’t think I’ve posted my numbers for a couple of weeks but here they are for this week:
Total Items in Store: 2613
Items Sold: 39
Total Sales: $809
Cost of Items Sold: $69
Average Price Sold: $20.73
Average Cost of Item: $1.79
Highest Price Item Sold: $64.95 Monty Python’s Flying Circus Complete Megaset DVD 16-Disc Set
Number of items listed this week: 53
YTD Sales: $37231
YTD sales compared to this time last year: +18%
Average age of items in store (in days since listing): 320
Average number of days between listing and selling this week: 194
Median age of sales (in days, between listing and selling): 147
Sell-through rate (for the week): 1.49%Sales have been steady but I haven’t found too many higher-value items recently so my numbers for this week were good but not amazing. No complaints though.
My big score from this weekend was a box of 20 new, old stock Tourneau ladies watches. I got the whole box for $25 and hope to sell each one for more than that. Only problem is that I need to replace the battery in all of them. It will be fun to see how that works out.
Hope everyone has a good week!
Yes. They’ve been gradually rolling it out for a month or two based on the comments I’ve read. It’s been showing up for most of my sales recently. For changes like this I just push through and learn how to use the new page design. It’s likely that this (or something very similar) will be the permanent shipping page as soon as it has all the features (like Fedex) so I figure I may as well get used to it unless it completely blocks something that I need to do.
An item that was ordered on August 29th probably wasn’t received till a couple of weeks later. THe 30-day period starts on delivery. It’s most-likely within the 30-day window.
I think the default is no-returns accepted for international sales. I’d speak to eBay. I wouldn’t encourage the buyer to just buy a plug unless you’re sure it will work. Not all appliances are designed for multiple voltages.
Thanks for the tips @totommyto and @doublythumbs. I hadn’t thought about using a regular scanner for any part of the process. I might try that first and the may the homemade slide view will be plan b. @doublythumbs – your listing really helps give me some ideas for presentation.
My lantern slides do have some handwritten descriptions. I haven’t looked at them for a few weeks (as I’ve been procrastinating) so I’ll need to take another look. There were 2 boxes of them at an estate sale I picked out all the interesting ones and left all the photos of museum visits behind. The whole collection dated to the early 1900s but the military photos were so interesting that I wondered if they had been taken of someone elses photos. They looked like photos from a newspaper photographer, not like photos of a tourist (like most of the rest of them).
My sales this weekend were pretty strong. I made about a third of my sales for the week over the weekend. (The weekend is often very slow for me). For the month of September I was up about 10% over the same month last year.
In regard to the seller hub stats that @T-Satt asked about, the Hat & NCAA/college “market” is down 3% in the last month and down 3% over the same period last year.
-
AuthorPosts