Forum Replies Created
-
Posts
-
Thanks for the podcast R&J.
I’ve been a bit lax about posting my numbers for no particular reason but here are my numbers for the most recent week:
Total Items in Store: 4485
Items Sold: 64
Total Sales: $1517.3
Cost of Items Sold: $207
Average Price Sold: $23.71
Average Cost of Item: $3.25
Highest Price Item Sold: $139.95 Samsung SCL906 8mm Camcorder
Number of items listed this week: 74 worth approx. $1677Sales have stayed pretty consistent for me. Camera’s have started to be good flips for me so I’ve been buying as many as I can find at garage sales & estate sales. I haven’t yet made the leap into buying lots online.
Regarding Jay’s mention of the eBay’s sales limit issue. It’s true. It’s based on $ value. The limit for your account is currently $1400 per week. Prove me wrong. 🙂 lol.
I hope everyone has a good week!
Regarding downgrading stores, 2 people on a Facebook Reseller group said that they spoke to ebay customer support and we’ll be allowed to downgrade until the end of April without penalty. This sounds great but please verify this independently before downgrading your store if there’s a potential for large penalties.
Actually, I think I just found my own answer. If I’m reading this right there is apparently an early termination fee for store downgrades. See here: https://pages.ebay.com/stores/subscriptionterms.html
Could you find the end of your current store subscription here: https://www.ebay.com/sub/manage
Do the math to figure out what you’ll save / pay to downgrade early.
I’ll be downgrading to a premium store too. I only speak to Anchor Support a few times per year at most. Is there any “early termination” penalty for doing this? I imagine a lot of people will be doing the downgrade. I hope eBay is prepared for that.
I just watched one of my active listings renew. It disappeared from my active listings page and the search results but I could still get to the actual listing with the URL that I saved so I believe the listings are still there but they are missing from the search index. My guess is that the refreshing the search index has a delay. I’m going to be extra safe. I just ended 200 listings that were set to renew in the next 18 hours. I painfully remember when all our photos were deleted as the listings renewed and ebay promised they would be recovered. I’m not waiting around to see what happens this time. I’ll relist those 200 tomorrow if the problem is fixed.
I’m a little late post my numbers this week (as I was out in the hills hiking on a Monday!) but here there are now:
Items Sold: 74
Total Sales: $1743.74
Cost of Items Sold: $199
Average Price Sold: $23.56
Average Cost of Item: $2.7
Highest Price Item Sold: 2 sales at $174.95 i) Sony DCR-TRV103 Camcorder ii) Sims Boat Bag
Number of items listed this week: 46 worth approx. $1744
YTD Sales: $9277
YTD sales compared to this time last year: +19%
Hats sold this week: 53 (71% of sales) worth $884 (50% of sales $)I had a great week. One of my best weeks ever. I had a couple of decent high $ sales (mentioned above) but mainly it was just a very large volume of regular sales without any real explanation as to why there were more of them.
I’ll echo the other comments here about having enjoyed your interviews in the past. Jay asks interesting questions when he interviews.
I hope everyone has a good week!
Hi R&J – Thanks for the podcast!
Here are my numbers for this week:
Total Items in Store: 4457
Items Sold: 53
Total Sales: $962.19
Cost of Items Sold: $106
Average Price Sold: $18.15
Average Cost of Item: $2.01
Highest Price Item Sold: $34.97 Family Holy Bible Catholic Edition 1957
Number of items listed this week: 79
Average number of days between listing and selling this week: 373
Median age of sales (in days, between listing and selling): 156It was an uneventful week on ebay though ultimately my total sales were better than expected since my highest priced item was a measly $34!
Jay you’re not alone about reliving life’s embarrassing moments. That’s been a real thing for me. I will visible wince or react at some of the dumb moments in my life as I relive them. I wish I had such similar strong reactions and vivid memories of the happy moments in my life too. In my 40s I tried to make a pact with myself that any dumb thing that I had done before age 40 could be forgotten / forgiven. After all, why should I be embarrassed about that dumb thing I said in front of the class in 3rd grade. It kinda worked. I’ve been able to take some of the feeling out of some of those really old thoughts.
Ebay-related: Before Christmas I received an email from an eBay employee who has the title of Growth Advisor. He offered to work with me, at no charge, to increase my sales. I met with him for about 30 minutes each week for 6 weeks and he would make suggestions about things I should try like running different kinds of promotions, and changing the placement of keywords in my titles etc. Ultimately I dont think his suggestions made a big improvement to be sales as I was already doing most of the best practices but it was pretty fun to be able to chat about my business to someone else who understood how ebay businesses work. I’d recommend the process for anyone else that gets an offer for something similar.
I hope everyone has a good week!
Congratulations on 500 shows R&J. That takes a lot of grit. So many youtubers and podcasts have come and gone since I’ve been reselling but Scavenger Life has always been there encouraging and educating me.
Here are my numbers for the week:
Total Items in Store: 4431
Items Sold: 60
Total Sales: $1169.81
Cost of Items Sold: $121
Average Price Sold: $19.5
Average Cost of Item: $2.02
Highest Price Item Sold: $220 Magnavox DVD Recorder & 4 Head Hi-Fi Stereo VCR
Number of items listed this week: 54
Hats sold this week: 48 (80% of sales) worth $722 (61% of sales $)It turned out to be another solid week. No complaints here.
Regarding seeing past best offers for a particular item, you can use this link. Replace the xxxxxxxxx bit with your item number:
https://www.ebay.com/bo/seller/showOffers/xxxxxxxxxRegarding using a rewards/points credit card for shipping fees when under managed payments, the only way I’ve heard of that being done is to empty your PayPal account so it doesn’t have a balance and then have a rewards/points credit card as a backup payment option in PayPal and select PayPal when creating a shipping label. I haven’t tried that myself but I remember hearing it somewhere. YMMV
I hope everyone has a profitable week!
<div class=”loop-item–1 user-id-2 bbp-parent-forum-26 bbp-parent-topic-85525 bbp-reply-position-34 even post-85589 reply type-reply status-publish entry”>
<div class=”bbp-reply-content”>> Is this because of the pandemic?
Yes. Even at this time of year I’d expect to be able to go out and find some garage sales. And estate sales would be far more common. Thrift Shops aren’t a good source for me but 2 out of 3 Thrift Shops in my town closed last March and have never reopened.
</div>
</div>Hi R&J,
Thanks for the podcast! I hope things settle down a bit for you. It sounds like you’re pushing the limits at the moment. (Though I can only see things getting busier for a while longer until the coffee shop is running smoothly).
Here are my numbers for the week:
Total Items in Store: 4437
Items Sold: 63
Total Sales: $1248.09
Cost of Items Sold: $176
Average Price Sold: $19.81
Average Cost of Item: $2.8
Highest Price Item Sold: $59.95 Chauvet DJ Obey DJ LED Light Controller
Number of items listed this week: 121
Average number of days between listing and selling this week: 359
Median age of sales (in days, between listing and selling): 118Another reasonable week for me. I have a hunch this week is going to be quiet for me. There are still almost no real local sourcing options so I’m running out of everything (other than hats) which is likely to result in lower sales numbers.
I’m in the holey sock club too though I have a self-imposed rule that I’ll wear things till they get holes but once they get holes they get thrown out. Of course, since retiring I’ve learned how to use a sewing machine so maybe I’ll be trying some repairs in the future.
Random topic that I didn’t see mentioned in the forums. Apparently eBay is going to be phasing out Parcel Select as as shipping option. This last week I saw several people complain on Facebook forums that Parcel Select was missing as a shipping option even when that was the shipping option on a listing that sold. (It’s going to be a gradual phase out). Source
I hope all the east-coast folk get through the big winter storm unscathed this week.
@Jay – For sellers under managed payments, the 1099 will apparently be found here. (Nothing there for me yet): https://www.ebay.com/sh/fin/taxforms
@lukastreasuretrove – The other report that I tried (unsuccessfully) to link to above includes additional types of transactions including shipping labels, refund etc. It’s more detailed. For orders it also includes final value fees. And, yes, this is under the managed payments section of the website. The corrected link is : https://www.ebay.com/sh/fin/report
Thanks for the podcast R&J:
Here are my numbers for the week:
Total Items in Store: 4379
Items Sold: 69
Total Sales: $1451.06
Cost of Items Sold: $215
Average Price Sold: $21.03
Average Cost of Item: $3.12
Highest Price Item Sold: $112.46 1947 San Francisco 49ers v Chicago Rockets Football Program
Number of items listed this week: 59 worth approx. $1142
Hats sold this week: 49 (71% of sales) worth $814 (56% of sales $)It was a pretty busy week. Can’t complain at all.
The California lockdowns started being lifted today which is great. Vaccines are being distributed to people 75+ here but it’s a competitive business to register for a vaccine. (Multi-hour waits on the phone and people sitting on their computers refreshing the page over and over trying to get a reservation).
I’ll be interested to see how the new listing flow rollout goes. Those new feature rollouts generally don’t go very slowly. At my old company, we talked about that kind of change as “changing the engine while the plane is in flight”. Most tech companies have one team that works on the iphone app (or a piece of the app), another team that works on the android app (or a piece of the app) and other teams that works on pieces of website. Jay shouldn’t expect all the pages of the website to magical get updated. There are probably loads of pages that aren’t owned by any team and will rarely get touched.
Other comments about the show
– I’ve had the same issue that Ryanne mentioned with drafts that couldn’t be edited. Here’s a workaround: Copy the bad draft and then edit the copy and delete the bad draft. (The draft copy function has had sporadic problems of it’s own but that’s a different problem.)
– I’ve been using the new Sales page that Jay mentioned for a couple of months. (https://www.ebay.com/sh/performance/sales ). There’s a download option on that page that problems order-level info that is useful. For data nerds there’s another useful data download here: https://www.ebay.com/sh/fin/report. The big issue with these reports is that we’re still limited to 90 days worth of data. It’s totally crazy that we still can’t data for a full year so that we have the info that we all need for our taxes.
– For the caller that had the big, heavy, return, couldn’t the seller have created a FedEx account and created their own return shipping label there? He would only have been charged if the label was used.I hope everyone has a good week!
It’s strange to look back and think that people thought it was okay to smoke on airplanes.
I know. Also in restaurants and the workplace. I remember my first office job there were 2 people on the same team that sat opposite each other. One was a smoker. The other was a non-smoker. Every time the smoker lit up, the non-smoker would turn a desk fan on and point it at the smoker. It went on like that for years.
Hi R&J. Thanks for the podcast.
Here are my numbers for the week:
Total Items in Store: 4389
Items Sold: 50
Total Sales: $1059.37
Cost of Items Sold: $129
Average Price Sold: $21.19
Average Cost of Item: $2.59
Highest Price Item Sold: $114.95 Lot of 2 Apple A1521 Airport Extreme WiFi Routers
Number of items listed this week: 84 worth approx. $1955
YTD sales compared to this time last year: +3%
Median age of sales (in days, between listing and selling): 120.5
Hats sold this week: 41 (82% of sales) worth $688 (64% of sales $)I was happy with my sales this week. They were a little below last week but still good for this time of year.
In regard to slow shipments, a few days a package that I sent to France finally arrived. It was shipped in November and seemed to get stuck waiting for a ride to France for weeks. Speaking of which, this was an Ebay Standard International Delivery. Ebay customer support gave me this tracking tool (for DHL orders): https://webtrack.dhlglobalmail.com/ (Ebay’s own tracking stopped updating started in early December).
I’ve actually experienced slow shipping from the other side too. A buy start a return and shipped a camera before Christmas. It’s still not back. I refunded the buyer because it didn’t seem right to hold their money so long.
On the podcast you were randomly talking about smoking on planes. Smoking on domestic flights was banned in the 1980s but not on international flights. I did an international flight from New York to London in 1992. The seats next to the window were designated as smoking seats. I was traveling with my wife and we made the mistake of swapping seats with a smoker. He got the isle seat, my wife got the window seat. I spent hours on the flight inhaling smoke as the smoke from the smoker’s cigarettes travelled past my face to get to the window where the air intake was apparently located. It was one of the more miserable flights I’ve ever had. I felt like an ashtray by the time we arrived.
