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04/16/2019 at 10:52 am in reply to: Scavenger Life Episode 406: Disposable Income, WTF is that? #60285
@AtomicStar: Also loved the Happy Hour, no desserts part. When Veronica and I go on long sourcing trips, we decided recently to add in a sit-down lunch to rest and reward the work. We know the happy hour starting times and deals at MANY locations now. One of our favorites doesn’t start until 3, so we sometimes push to then to get a 2-for-1 drink reward!
04/16/2019 at 10:49 am in reply to: Scavenger Life Episode 406: Disposable Income, WTF is that? #60284@AtomicStar: Thanks for sharing. That is a great perspective. Glad you came through so well!
04/16/2019 at 10:47 am in reply to: Scavenger Life Episode 406: Disposable Income, WTF is that? #60283“Push yourself to expand your knowledge and find the hidden treasures”
Amen. This is where the Obstacle becomes the Way. (Great book, should be mandatory reading)
When you hit limits, you look for ways over, or around, or under, or through them. And the obstacle changes YOU. And that is where improvement comes.
One channel I follow on YouTube is Yes Theory, and I love there motto: Seek Discomfort. It is in discomfort that we grow, we change, we adapt, we overcome.
For my own two cents on the subject of can you start today…absolutely. While Veronica, Founder of our little enterprise, has been in this since 2004, I only dabbled a bit until 2013. Then I got serious in 2015. Yep, you can start today.
What you buy will depend on your location, your sourcing options, your interests, and a vast array of other factors. But can you do it? Yep.
04/15/2019 at 9:40 am in reply to: Scavenger Life Episode 406: Disposable Income, WTF is that? #60186@Winchester: Nice progress!
04/14/2019 at 8:09 pm in reply to: Scavenger Life Episode 406: Disposable Income, WTF is that? #60162Going to listen tomorrow when we ship. Until then, I’ll post our numbers since I just wrapped them up…
Week of 04/07-04/13
Total Items in Store: 3,078 (Up 57% YOY)
Number of Items Listed: 166 – New Record
Number of Items Sold: 92 (Up 48% YOY)
(Includes 4 Etsy, 0 Bonanza, 0 TrueGether, 6 Poshmark)
Weekly STR: 13% (Down 1% YOY)Total Product Sales: $2,495 (Up 69% YOY)
Sales Volume Variance to Prior Year: Up $713
Sales Price Variance to Prior Year: Down $307
Cost of Items Sold: $501
Cost of Labor: $373
Highest Item Sold: $60 – Brooks Brothers Suit
Competition: Highest Priced Sale: Troy wins the week and Veronica leads for the year 9-7.Clothing
# Listed: 1,825
# Sold: 62
STR: 15%
ASP: $25.47Shoes
# Listed: 674
# Sold: 21
STR: 13%
ASP: $31.84Hard Goods
# Listed: 579
# Sold: 9
STR: 7%
ASP: $27.43EBay
# Listed: 3,078
# Sold: 82
STR: 12%
ASP: $26.49Etsy
# Listed: 228
# Sold: 4
STR: 8%
ASP: $32.36Poshmark
# Listed: 680
# Sold: 6
STR: 4%
ASP: $32.17Happy with the new record on number of listings this week, and I still was off of listing for a day with my contracting job. Onward and upward…
Also about to move to Anchor level, between the subscription and the listing fees, we were at $280 this month. Almost time to level up…
@Retro: That was great. Found a Barcade in Denver I’m going to have to check out!
@Doubly: First, congrats on the good week. I know that makes things feel better.
But even more, congrats on the philosophy: List your @$$ off. That has always seemed to work for me.
Step 1: Everything is my fault.
Step 2: Work your butt off.Doing those two things seems to fix 99% of problems.
@Retro: I LOVED that game! Wow, flashbacks…
Funny this comes up, after I just rewatched “King of Kong” last week. I love that documentary…
Week of 03/31-04/06
Total Items in Store: 3,038 (Up 56% YOY)
Number of Items Listed: 129
Number of Items Sold: 93 (Up 24% YOY)
(Includes 1 Etsy, 0 Bonanza, 0 TrueGether, 11 Poshmark)
Weekly STR: 13% (Down 4% YOY)Total Product Sales: $2,881 (Up 55% YOY)
Sales Volume Variance to Prior Year: Up $447
Sales Price Variance to Prior Year: Down $569
Cost of Items Sold: $504
Cost of Labor: $373
Highest Item Sold: $80 – Ok…believe it or not, we had 4 items at this price, so we are at a tie…
Competition: Highest Priced Sale: We tied the week and Veronica leads for the year 9-6.Clothing
# Listed: 1,808
# Sold: 54
STR: 13%
ASP: $26.72Shoes
# Listed: 657
# Sold: 33
STR: 22%
ASP: $35.90Hard Goods
# Listed: 573
# Sold: 6
STR: 5%
ASP: $42.14EBay
# Listed: 3,038
# Sold: 81
STR: 12%
ASP: $28.81Etsy
# Listed: 228
# Sold: 1
STR: 2%
ASP: $44.89Poshmark
# Listed: 670
# Sold: 11
STR: 7%
ASP: $45.62Take some time off!
New era now…in the 3,000 listing club. Sales staying strong on the dollars side, but still lower than I would like on the Sell Thru Rate. Veronica was killing it with shoes this week.
We were very happy to be able to get 129 new listings done in just 4 days as well. Processes are really coming together!
@VintageTreasures: Sounds good. I’ll have to give it a shot!
I’m interested in the answer to Jay’s question as well. What do they do with these items?
I haven’t tried that on eBay yet. It might move you up, you never know with Cassini.
I have tried the offer to watchers on Poshmark, but very low success rate. Now that we have more items with more watchers, it might be more effective.
@Retro: Like I mentioned before, this is only one of many factors in the Cassini Matrix. Yeah, you get a boost, but it isn’t a magic bullet. It doesn’t solve all ills. It isn’t a “Gamechanger” as Jay would say.
It is a factor, but only one of many…
@Mike: Yeah, and now that I have PayPal automated (kinda), that is my next question, how to automate eBay when that comes along…
@Inglewood: Just let me know if you have any questions and I can do what I can to help.
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