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Since you asked, I would have honored the sale. And I am surprised that you didn’t.
My numbers for the week:
Week of Nov. 19-25, 2017
Total Items in Store: 478
Items Sold: 20
Cost of Items Sold: $59
Total Sales: $505
Highest Price Sold: $70 (Adidas black, shell toe, Superstar bb shoes)
Average Price Sold: $25.25
Returns: 1
Money Spent on New Inventory This Week: $87
Number of items listed this week: 24
Sold prices do not include shipping charges (we do not offer free shipping).Store ratio: 2/3 used clothing, 1/3 non-clothing/yard sale type items.
Net “profit” for the week, $355 (after all fees and purchase costs). Average net sale $17.75, this week, ($17-$18 usually). Ave. profit per hour, $27 (includes listing & shipping 3-5 items per 2 hours worked), ave. is $25-$30 per hour.Had another great week selling snow boots and other cold weather items. Still have about 1/2 of inventory priced at 15% off to get things moving and to sell winter items before Christmas. Money spent on new inventory during 4 thrift store visits, and should bring in $500-600 in future sales.
Last week, a cashier at a thrift complimented me on my blanket lined, jeans jacket I was wearing. Told him I bought it at his company. And the jeans I was wearing, and the sweatshirt, and the belt and shoes ($18 total!).
Thought I had finished up the winter clothing, but just found another box of snow boots! Arrrggg!
But, they are selling.
Sales are about 20% slower than I expected, but OK. I also am listing more.Steve, I found a pair of Red Wing cowboy type work boots today. No size inside. On the outside of the right boot, there is “Red Wing” stamped, with a 5 under each word. In the past, this is were I have found the size markings, but I have not seen anything like this. They appear to be a size 12-13 by my guess.
Any ideas?
Hi Bob. I also grew up in Michigan (Waterford, near Pontiac), but left about 45 years ago. (I too watched the Lions game. Shame, but the Tigers, Red wings and Pistons all won multiple championships during my lifetime, so what can you do?).
I am semi-retired and do ebay PT. Great gig for retirees. My store is about 500 items.
Welcome.
Christine, nice Peets mug. I have only found one Peets so far, a plain, California mug. Not many out here in flyover country. But I looked yours up and it is a pretty cool BOLO.
Thanks for the heads up.I have been giving buyers the choice of SmartPost and Priority Mail for about 7-8 months now. I ship from the Midwest and most buyers on the West coast choose Smartpost, usually when buying heavier items, like shoes. Joe is right, for nearby shipping, Priority Mail (especially regional boxes) is cheaper and faster (Smartpost does not pick up on Saturday, for example). Some of my Smartpost pkgs are taking 5 days or longer to go cross country. That never happened with PM. But SP is cheaper for heavier items.
Also, I was recently notified that Walgreens now accepts fedex packages. Handy, since I have one within walking distance. BUT, their pick up is before noon, whereas the FedEx store is at 6 PM (Smartpost is picked up with the Ground pick up). Since Smartpost is already slow, I have avoided Walgreens except once or twice in a hurry to get stuff out early.
Be sure to put the Smart Post option on top/first, since it is usually the cheaper option.
Hi Grady!
Hey, I checked out your youtube and noticed the “I bought an entire yard sale for $50” episode (have only watched pt. 1 so far). Very interesting. Well done!Hi Bill. I am semi-retired (ebay is my”hobby job”) and have a store of about 500 items. I could most likely handle more, but prefer to work only about 2-3 hours a day (not including shopping!). I feel this is the ideal PT job since you can go on vacation mode and shut it down when you want.
Your 2 year plan sounds like a sound one. Carry on!!
It showed I was on page 6 or 7 of xxx pages. Perhaps there were only the 6 pages or so and it is just the way the way “search the forums” is designed.
Thanks for looking into it.
Week of Nov. 12-18, 2017
Total Items in Store: 472
Items Sold: 25
Cost of Items Sold: $66
Total Sales: $574
Highest Price Sold: $59.50 (Red Wing fire fighter combat boots)
Average Price Sold: $22.96
Returns: 0
Money Spent on New Inventory This Week: $121
Number of items listed this week: 21
Sold prices do not include shipping charges (we do not offer free shipping).
Store ratio: 2/3 used clothing, 1/3 non-clothing/yard sale type items.Net “profit” for the week, $383 (after all fees and purchase costs). Average net sale $15.32, this week, ($17-$18 usually). Ave. profit per hour, $23 (includes listing & shipping 3-5 items per 2 hours worked), a little less than the usual $25-$30 per hour.
Had a great week selling snow boots and other cold weather items. 2/3 of inventory was priced at 15% off sale to get things moving and to sell winter items before Christmas. Money spent on new inventory during 6 thrift store visits ($121), and should bring in $700-800 in future sales.
Yesterday, a cashier at a thrift complimented me on my blanket lined, jeans jacket I was wearing. Told him I bought it at his company. And the jeans I was wearing, and the sweatshirt, and the belt and shoes ($18 total!).
Thanks for the S&S episode, I enjoyed it.
Forget the furniture….I want the red Ford pickup. No rust that I could see.
J&R, I did a “search the forums” for BOLO and the past posts ended after page 6, although it looked like there were more pages. Is there another key word I could use? Thanks, I enjoy scavenging for new sales ideas.
Sometimes, we ebayers get a little carried away with the good life. On occasion, I have become a super fan and tried to convert others to our way of life. I get a lot of puzzled looks.
My wife and I own rental homes and I have done the same thing there. Rentals have been very good to us (for 30 years) and I try to “convert” non-believers, but nearly everyone says no. My wife finally said “you know, rentals aren’t for everyone!” So true.
Well, ebay/scavenging isn’t for everyone either. People who have never been self-employed have no idea of the satisfaction of taking something cheap and turning it into big $$. Most of us have found broken items cheap or things that cost us nothing and made some nice cash. Wage slaves cannot understand that. The deep fear of cutting ties with a regular paycheck/benefits are real. IMHO, that is why most ebayers started out part time/hobby selling, and had to see it to believe it before going “full time”.
Add the part that you have to have a certain amount of discipline to succeed, and there you have it.
Where else can you spend $100 on initial inventory, and by turning it over, and re-investing, can have a store of hundreds or thousands of listings in a couple of years? We know it can be done. But, it’s not for eveyone.
