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Oh cool, thanks! Yeah, the auctions I was watching opened yesterday and I see they’re getting bid up too high for my blood. I also suspect shipping to Canada would totally eat my profits anyway. Shippers won’t even give me a quote. It’s too bad because there’s some great scientific/medical stuff there.
Maybe we’ll have to plan it around a road trip someday.
I will look forward to listening to that episode.
Things still feel really sluggish considering I’m supposed to be making $10k per day in Q4 and Q1.
Gross sales: CAD$644, 3 items, COGS $36, item profit: $511
Notable sales: EKG machine $26 –> $440
Expenditures: $169 – mostly shelving for my new storage unit
Cashflow after tax: $266
Hours: 7.5, hourly “wage” $35/hrLooks like I’ve found a solution to my storage problems… about 300 sq ft at the local airport for $100/month. Haven’t pulled the trigger yet but I will by February or March. I will still use my house but I’ll move most of the multiples, big, and slow moving items to storage.
Haven’t listened to the pod yet but I hope I’ll find time today… at home for all of January with the kids. It’s fun but I’m really itchy for new inventory.
I’ve sold a few, but they were in the $30-50 range. But all from around the 60s or later.
It just occurred to me in Virginia you guys are probably tripping over antiques all the time so this is nbd, but out west they’re pretty thin on the ground.
The thing I like best about this one is 100 degrees Fahrenheit is labelled as “blood heat”.
What ho all, happy new year!
That week made me grumpy. Nothing sold from Dec. 24 to 31, then 3 things sold on the weekend. Ah well.
Sales: CAD$226, 3 items
COGS: $38
Item profit: $150
Expenditures: $69
Cashflow (after tax): $86
Notable items: fancy shower head $20–>$125TBF, this one was essentially new, and had the original box & manual. Dunno that I would’ve bought a heavily used one without box.
I wonder if cops can tell when somebody is casing a place. Because that’s me all the time.
I mean, we all deal with this equation all the time.
I think the generic answer is that it depends on the constraints on you. Storage is a factor – if you need to free up space, that’s motivation to move things faster. The biggest factor is whether you’re primarily time-constrained or money-constrained. If you need your ebay income to keep the lights on, take offers. If you don’t have much time for ebay, hold out for more money.
Oh, for sure, they outright gave me these two items. I actually know for sure my mother in law will not sell on ebay, she just doesn’t have time, but her husband potentially could, he’s actually out of work at the moment.
Funny thing happened yesterday… my mother in law’s Ukrainian, she used to do a sort of reselling business when they lived in Cuba, buying goods at a USSR-citizens “exclusive” store and arbitraging it by selling it to normal Cubans. Stuff like lingerie, etc. So she groks the idea of reselling. Occasionally she brings me something to sell, which is usually pretty low dollar. But this time, her and her husband found a GPS unit worth $100 or so, and a NIB Rosetta Stone language course worth $300 or so, for a few bucks at thrift stores. I told her they have a good eye and they should start selling themselves. 🙂
Happy Christmas & New Year all!
Last week was steady…
Sales: CAD$752, 6 items, avg $125/item
COGS: $124
Expenditures: $218 (includes returns)
Net profit: $286
Hours: 3 (hourly rate $95/hr)
Notable sales: $21–> $215 for a server extender thingy, $4–>$110 for a 1990s vintage Hitachi magic wand, lol
Returns: $112 for some lightbulbs that broke in shipping 🙁
Notable buys: thermal conductivity meter for $21, if it works should be $1500 (but I can’t test so I’m risking a return).Oh, I also got Scotty peelers on a whim. I heard about them long ago but figured they were unnecessary… nope. Guys, if you spend ANY time peeling sticky tags off of your merch, BUY THESE THINGS NOW.
I’ve read that article plus three others and I still don’t get what the story was with the bankruptcy… weird. Interesting though.
None of them come up on eBay. There’s an amazon listing though.
I already have a listing on kijiji, maybe that’ll bear fruit.
What’s the worst that happens if I list on eBay? It gets taken down, or is there a risk of getting totally shut down?
Congratulations on paying off the mortage! That is fantastic. Debt is so fragilizing… the coming year’s goal is to divest ourselves of as much debt as possible.
I had a decent week for sales… but I got into a bit of a buying frenzy. That would be fine but I think a few of my items were bad buys… I guess we’ll see. The questionable buys were mostly the cheaper ones, so the cost is really space/hassle.
Sales: CAD$646, 4 items, $161 avg
COGS: $90
Expenditures: $632
Net profit: -$171
Hours: 5, -$34/hr
Notable sales: another 2 toners for $40–>$440
Notable buys: 4 toners for $258 shipped (hoping for $1000+), an airport metal detector $74 (mistake!! it weighs like 200 lbs), automatic bottle filler $53 (*probably* a mistake, but good upside if not), classroom projector $200 (hoping for $500-800).
