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Antarestar: Good to try. I have been doing new Posh cross-postings in the morning, and doing some quick shares then too. Maybe I should do this in the afternoon after I’m done with our normal listings. I’ll have to give that a try…
Yvon: thanks for the Posh advice.
So, I’m noticing it it mostly women centered clothing that seems to sell. Is that your experience as well?
Also, where are you located in Colorado? We are in Broomfield.
Amen Mike…Amen!!!
🙂
10/25/2018 at 12:36 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50732So far, so good. It is all in the buyers hands now to get final delivery. The moving company has it, and since the buyer is scheduling the delivery and paying for it, I’m planning to be done with it. Got a check from the original seller for our commission while I was gone, so I am calling this DONE!!!
Just keep sending those good thoughts that it all arrives safely (and hopefully soon!)
10/25/2018 at 12:33 pm in reply to: Bug alert on relisting as " Sell Similar" with quantity of more than 1 #50731Something to think about on multi-quantity listings…list them as GTC.
The eBay algorithm likes sales, so when a listing sells, it moves up in search. So if you have multiples, keep the good sales history on that item and list it GTC.
Addendum…if you don’t have sales after 60 days, end the listing, make some changes if needed, and relist GTC.
10/25/2018 at 12:27 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50730Sharyn: what has your experience been in posting to Mercari? I’m thinking about doing some cross-posting there, but don’t know much about it…
10/25/2018 at 12:22 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50729Almasty/Jay/Inglewood: Again, another GREAT topic to discuss.
For us, we have one main goal for 2019: Remove the need for us to hit the Thrift Stores on Saturdays (cause that is the 50% off day). Gaining one day a week is HUGE (plus it allows us to move to a model of being more Location Independent).
Overall, my goal is to always improve our Income per Hour. We can always work more hours and make more money, but how can we make more money in less hours. That is the key for us…
10/25/2018 at 12:16 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50728Jay, the last part of the podcast about higher end vs your current model was the best part of the cast. And the fact that some businesses are “similar” but really are different.
I would encourage everyone to listen and ponder on that part of the podcast. There are a lot of nuggets of truth in there, and lots of adventurous paths to take.
I think like everything, when you Level Up, there is new learning that has to take place. But that is where the Growth, and the Fun, takes place.
10/25/2018 at 12:13 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50727ChristineR: How have you liked selling on Mercari? Is this just Hard Goods, or clothing as well? Our son has purchased shoes on Mercari…
Is it easy to list? (copy/paste)? Are the fees good?
Looking to see if this is something else to consider crossposting to…
10/25/2018 at 12:04 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50725Love this topic. As for forecasting your store, the best thing to do is to forecast based on YOUR store, not someone else’s.
You can reasonably extrapolate your numbers when your inventory gets higher. If you know your Sell Thru Rate, your Inventory Level, and your Average Selling Price, you can extrapolate from there. HOWEVER! Make sure to factor in a degradation of your STR as your inventory gets higher. We are averaging a 5% decrease in STR this year vs last year. Now, not to say that this will happen for everyone, and I know some of the culprits that are doing this (not the best of buys, longer tail and lower value), but it DOES happen.
10/25/2018 at 11:22 am in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50721Week of 10/14-10/20
Total Items in Store: 2,806 (Up 66% YOY)
Number of Items Listed: 139
Number of Items Sold: 94 (Up 22% YOY)
(Includes 2 Etsy, 0 Bonanza, 0 TrueGether, 3 Poshmark)
Weekly STR: 15% (Down 4% YOY)Total Product Sales: $2,901 (Up 26% YOY)
Cost of Items Sold: $640
Highest Item Sold: $180 – Gathered Traditions Joe Spencer Thanksgiving Turkey Figures
Competition: Highest Priced Sale: Veronica wins the week and Veronica leads for the year 25-17Clothing
# Listed: 1,752
# Sold: 60
STR: 15%
ASP: $26.10Shoes
# Listed: 438
# Sold: 12
STR: 12%
ASP: $54.06Hard Goods
# Listed: 616
# Sold: 20
STR: 14%
ASP: $31.19Etsy
# Listed: 171
# Sold: 2
STR: 5%
ASP: $22.35Poshmark
# Listed: 84
# Sold: 3
STR: 29%
ASP: $78.33Business Improvement for the Week – Cross-posting to Poshmark. Poshmark is really starting to kick in nicely, with another 3 sales. Seems very women’s centered, so I started to move mostly our higher end women’s items on there, backing off of the men’s clothing. Thinking to look at Grailed for the men’s side now…
Sorry so late to the party this week. I was gone deer hunting (and came home empty) so couldn’t post anything. Heads up that next week I’m gone elk hunting, so will be late then too.
Some exciting news…we were interviewed for the “So You Want to Sell On Ebay” podcast a few weeks ago, and it dropped on Tuesday when I was gone. So if you want to hear the prettier side of our business (Veronica), you can hear the podcast below…
161: Learn How To Prepare To Go Full-Time On eBay – Troy and Veronica Satterfield
I wish I had the details, but I would think that these are the HUGE sellers, and Amazon was offering a discount on fees. Possibly even asking them to become exclusive Amazon sellers.
Welcome Joey!
I’m familiar with the binge listing, as that is how I got hooked on eBay Scavengers…I mean Scavenger Life.
Careful…extended listening may lead to the craving to dig through dusty boxes, eat road burgers, and life a live you love!
Jay, question on InkFrog. Can you access your photos of your listings quickly? Can you download them to your hard drive?
The reason that I ask is that being able to quickly access the photos on our hard drive became an issue when I started to cross post to Poshmark. Since I need to upload the photos to a different site, having quick access to them via SixBit was VERY handy (including how I can find the EXACT photos for each listing instantly).
I’m wondering how you would have to do a similar step on Inkfrog? Can you look up a listing, select the photos, and then download them to your computer?
This will be interesting to follow. Not sure what laws were broken other than eBay’s policies.
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