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I bid last night (online auction) on a hydraulic conduit bender I was hoping would sell for $9k, bidding went up to $3k at which point I was out.
Learned what I should’ve learned a while ago, that you really have to wait till the last second in these types of auctions. I bid with 45 seconds to go, which was enough time for Incumbent to reconsider their reserve price (which I initially beat) and put in a new reserve, which then beat me.
Kind of another average week.
Sales: CAD$304, 3 items
Notables: Art-deco metal airplane ($4–>$65), Xerox typewriter from 1986 $20–>$150
COGS: $35
Profit: $218
Hours: 8 (hourly rate $27)
Listed: 8 items (total 175)
Expenses: $201
Cashflow: +$103I wonder if this technique could work for shakers too?
Hey Inglewood, thanks for the tip! I actually know it’s from 1995 because the tag says so – which is good news for me considering what happened that year.
I am shipping worldwide. Since it’s under 2 kg, Canada Post makes this economical (once above 2 kg, it gets ridiculously pricey).
Care to critique my listing? 🙂
Anybody use that Terapeak program in the ebay app? I see you can get 1 full year of completeds for $16/mo. Doesn’t seem worth it to me at that price, but interesting. I looked because I was trying to find if ebay does trackback to sites that link to your listings (appears no).
I love selling slide rules, and they sell easy. Nice work, that’s a good price!
Also sold a couple Coleman stoves & heaters. I love selling Coleman stuff, you can get it cheap at garage sales and it always sells well if in good condition.
Spending money for me is painful for sure. But I find the biggest enemy of thrift is haste and hunger/frustration. I tend to spend too much when in a mindset of “ugh, let’s just get this done”.
I’m instituting a “scavenging wish list” with myself and my wife so that if we know in advance we’re going to want to buy something, I can keep my eyes out for it while sourcing.
So last week was pretty good, except I accrued a -$60 profit from an item I overpaid for for personal use, then subsequently sold off.
Sales: CAD$436, 5 items
COGS: $197 ($140 of that is that stupid tent I bought)
Profit: $162
Hours: 12 ($14/hr equivalent)
Items listed: 14 (total ~170 in store)
Expenses: $158
Cashflow: $278
Notable sales: Art-deco style eagle lamp $25–>$150 profit $105.
Also sold the first of the 22 under-desk CPU holders I bought a pallet of. Sold for $50 (paid $10). Not a huge profit but this was an open-box one so I let it go for less… encouraged to see this go, hopefully the others will bring $75+.Last week was an extremely frustrating one. Made two colossally stupid shipping mistakes that cost me a lot of money, and overpaid for something I was scavenging for personal use. So I took a 4-day long weekend and did no scavenging at all.
But looking at the numbers, not so horrible really… and the big picture of the last few months is satisfactory to me. I might take it a bit easier for a while though.
Sales: CAD$258, 4 items
COGS: $42
Profit: $156
Hours: 4 (hourly rate: $39)
Items listed: 3 (total 167)
Expenses incl. sourcing: $139
Cashflow: $119
Notable items: Vintage Coleman dish heater, $32 –>$173, profit $110Where I find it tricky is when I scavenge an item that is something I want, but a much nicer model than I would have bought. E.g., I have a Kero-Sun Moonlighter lantern/stove that is super cool, worth $300 (got it for $20). Keep it, or sell and buy the cheap version? In this case I’m keeping it.
