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Thanks for posting this Mark. I totally agree with using some type of process to forecast your business to see where it takes you. I love having a process that shows me that if I keep doing what I’m doing, what will be the result. And also to run What If scenarios: What if I list more items? What if I can increase my Average Selling Price? What if I hire someone? It helps you shape your business.
Then the key piece is to evaluate how close your forecasts are to what your actuals are so that you can improve your forecasting process.
If there is any interest out there from anyone, my process is a little different than Mark’s, but I can share my file if there is interest.
PS – If you move to a SixBit or WonderLister software, you won’t lose your listings. You can always relist them when you return.
Is it possible to train someone on how to ship the items when you are out of town? So you have your inventory in the midwest and you train someone there to do your shipping for you. That is the best solution I can think of. This is what Veronica and I do when we are gone for an extended period of time and we have our boys ship for us. As I move to hiring an employee, having them do our shipping is another item we are considering.
Then when in your vacation home, you can list those items with that location on them and then take them back to the midwest with you.
Sounds good. I’ll be photographing and listing today, so I’ll take a look tonight.
Thanks!
What change would we make to our listings based on any investigation? Regarding capitalization, we have 3 options:
1 – Capitalize the First Letter
2 – all lowercase letters
3 – ALL UPPERCASE LETTERSAre 2 & 3 viable options? Even if search results change, how would potential buyers react to seeing titles like 2 & 3?
No problem. Send your sheet to me at tsatterf@yahoo.com
While interesting, I am wondering what change we would make in our listings? Would we do lower case in the title? I’m not sure of the improvement we would make.
Yeah well, forecasts and planning can only take you so far. Sometimes God laughs at our plans…
I love everything about what you posted Whiskey. 100% correct.
Keep moving forward!
Bonanza and TruGether are like you said, a bonus. We only list there because there is zero extra work. We have noticed now that we are getting closer to 2000 items, we are getting at least one sale on one of those other platforms per week.
For comparison:
YTD Revenue by Platform through Oct
Etsy – $30
TruGether – $322
Bonanza – $713
eBay – $60,928SixBit doesn’t do it automatically, but you can create the Etsy listing from SixBit in about 60 seconds.
When you create your listing in SixBit, you have a tab for each platform (so in our case, one for eBay and one for Etsy). Veronica will create her listing for eBay as usual, and the click on the Etsy tab to add information in Etsy’s format (categories, attributes, keywords, etc.).
It is pretty quick, and it is nice that when something sells on one platform, SixBit ends in on the other.
Jay, my guess is that for your types of items (unique, vintage, one-of-a-kind), then the relisting has little effect. You are looking for that one special buyer, so moving up in match has little impact.
For us in clothing, since there is so much competition, best match is much more important, so we can’t fall into the dreaded 60+ day “stale” category. When I put clothes on GTC, sales tanked after a few months. I ended them and relisted on 30 day, and sales came back up (in early summer). Gotta be something there for us about tending that garden and eBay seeing it as fresh…
