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About 100 of those were RLPL, but yeah, I hear ya. These shipments are uncommon. He’s hit and miss, but he called me in advance on this deal and I’m glad he did. Though, many times I have advised him to pass on stuff and he shows up a few weeks later with it anyway.
Off the top of my head was 150+ pairs of leopard print fur heels from a closing macys…..during the pandemic. They were flooded on every platform. I was able to finally dump the whole lot on another flipper at my garage sale for $5 a pair.
It has been so crazy since my last posting.
Our tenants moved out of our “volunteer” rental house. Fortunately the timing was just right that we were looking for a place to grow out my wife’s acupuncture practice a bit, so I spent about month refreshing the finishes and setting it all up for her. Was able to get it all ready for her to smoothly just start taking patients at the new location with no down time (for her).I had a consignor drop off 16 jumbo boxes, the same day we had a large solar array installed on our roof. As a former draftsman, I had reviewed the drawings prior to installation and became aware that it was being installed incorrectly about half way through the project. The installers brushed me off, and it took a weeks to get a response from the project manager. Then when they came to fix the installation, they failed to tighten the brackets down on several panels and forgot to turn the system back on. I ended up doing the remainder of the work myself, rather than have the installer come back a third time. For these 3 or 4 weeks, our attic had to be emptied and all the displaced storage items was clogging up my entire work flow….I hate that.
Meanwhile those 16 boxes just sat…..and then the same consignor brought 12 more boxes in 10/15. Sheesh such a pile. I was able to get 160 items listed before we headed out of town, most of it was Ralph Lauren Purple Label.
I was also on vacation for part of last week. We finally got to visit one of Jay and Ryanne’s houses for a few days of relaxation for our 17th wedding anniversary. I wish we could have stayed longer, but we will surely be back now that my wife’s studies and testing are finished and we will have more opportunities to get away…..plus its only about 25 minutes drive beyond my normal thrifting radius.
I don’t care for the time away feature since I think ebay pushes those listings down, so I still just change my handling time.
Oct 20-26, 2024
Total items in store: 4424 listings for 6812 items.
Items sold: 59
Gross Sales: $5699.51
Net sales: 4441.51
Cost of items sold $1279 ($195 mine / $1084 consignment)
Highest Sold Item: $640 Ralph Lauren Purple Label Coat
Average Price Sold $96.60
Money Spent on new inventory: $128.70
Number of items listed this week. 60Aug 11-17, 2024
Total Items in Store: 4468 listings for 6900 items
Items Sold: 61
Gross Sales: $5048.98 (including eBay fees, shipping, and taxes)
Net Sales: $3830.94
Cost of Items Sold: $806 ($258 mine / $548 consignors)
Highest Price Sold: $450 Anderson Sheppard Jacket (found a few days earlier for $7.50)
Average Price Sold: $82.77
Money Spent on New Inventory This Week: $382
Number of items listed this week: 112My store is predominantly best offer, largely promoted between 3-8% with storewide Buy 1 Get 1 Half Off and Buy 2 Get 1 Free promos running all the time, both with bonus FREE shipping. I send offers to watchers often throughout the day usually 10-15% off with some type of verbiage about the promos like ” Offers Welcome! Click/tap “the-seam-store” to see our full selection. Want a quick deal? Check out our Buy 1 Get 1 50% off and Buy 2 Get 1 Free promos.T&Cs apply. Thanks for supporting our small business.” or “Don’t miss out on a FREE item! If you’d like to take advantage of our Buy 2 get 1 FREE promo, DECLINE THIS OFFER and use the “ADD TO CART” option to add 3 items to your cart. Discount applied at checkout. T&Cs apply.
Aug 4-10, 2024
Total Items in Store: 4461 listings for 6894 items
Items Sold: 37
Gross Sales: $2828.12 (including eBay fees, shipping, and taxes)
Net Sales: $2076.09
Cost of Items Sold: $588 ($175 mine / $413 consignors)
Highest Price Sold: $235 Gucci Belt
Average Price Sold: $76.44
Money Spent on New Inventory This Week: $549
Number of items listed this week: 113July 28-Aug 3, 2024
Total Items in Store: 4396 listings for 6829 items
Items Sold: 51
Gross Sales: $3305.10 (including eBay fees, shipping, and taxes)
Net Sales: $2317.49
Cost of Items Sold: $680 ($278 mine / $402 consignors)
Highest Price Sold: $260 Kiton Pants
Average Price Sold: $64.81
Money Spent on New Inventory This Week: $753
Number of items listed this week: 90July 21-27, 2024
Total Items in Store: 4324 listings for 6760 items
Items Sold: 48
Gross Sales: $3437.50 (including eBay fees, shipping, and taxes)
Net Sales: $2651.50
Cost of Items Sold: $769.80 ($105 mine / $664.80 consignors)
Highest Price Sold: $288 Supreme x Nike Vest
Average Price Sold: $74.83
Money Spent on New Inventory This Week: $569
Number of items listed this week: 92July 14-20, 2024
Total Items in Store: 4273 listings for 6717 items
Items Sold: 28
Gross Sales: $2046.97 (including eBay fees, shipping, and taxes)
Net Sales: $1509.25
Cost of Items Sold: $330 ($208 mine / $122 consignors)
Highest Price Sold: $248 Vintage FRYE Boots
Average Price Sold: $73.11
Money Spent on New Inventory This Week: $440
Number of items listed this week: 30Feb 11 -Feb 17, 2024
Total Items in Store: 3784 listings for 5551 items
Items Sold: 43
Gross Sales: $2533.66 (including eBay fees, shipping, and taxes)
Net Sales: $1968.97
Cost of Items Sold: $406 ($166 mine / $240 consignors)
Highest Price Sold: $195 Fleurette Cashmere Coat
Average Price Sold: $58.92
Money Spent on New Inventory This Week: $231
Number of items listed this week: 179Feb 18 -Feb 24, 2024
Total Items in Store: 3825 listings for 5579 items
Items Sold: 41
Gross Sales: $3057.59 (including eBay fees, shipping, and taxes)
Net Sales: $2367.25
Cost of Items Sold: $480 ($245 mine / $235 consignors)
Highest Price Sold: $246 Vintage Saks Polo Coat
Average Price Sold: $74.58
Money Spent on New Inventory This Week: $655
Number of items listed this week: 31Feb 4 -Feb 10, 2024
Total Items in Store: 3771 listings for 5410 items
Items Sold: 60
Gross Sales: $4538.55 (including eBay fees, shipping, and taxes)
Net Sales: $3293.88
Cost of Items Sold: $783 ($375 mine / $408 consignors)
Highest Price Sold: $350 Fur Coat
Average Price Sold: $75.64
Money Spent on New Inventory This Week: $220
Number of items listed this week: 28Jan 28 -Feb 3, 2024
Total Items in Store: 3781 listings for 5425 items
Items Sold: 45
Gross Sales: $3860.51 (including eBay fees, shipping, and taxes)
Net Sales: $2698.90
Cost of Items Sold: $698 ($152 mine / $546 consignors)
Highest Price Sold: $255 Fur Coat
Average Price Sold: $85.78
Money Spent on New Inventory This Week: $152
Number of items listed this week: 56Jan 21 -Jan 27, 2024
Total Items in Store: 3794 listings for 5440 items
Items Sold: 51
Gross Sales: $4375.99 (including eBay fees, shipping, and taxes)
Net Sales: $3373.66
Cost of Items Sold: $691 ($295 mine / $396 consignors)
Highest Price Sold: $275 Polo Suit
Average Price Sold: $85.80
Money Spent on New Inventory This Week: $411
Number of items listed this week: 28Jan 14 -Jan 20, 2024
Total Items in Store: 3780 listings for 5432 items
Items Sold: 37
Gross Sales: $2794.90 (including eBay fees, shipping, and taxes)
Net Sales: $2098.07
Cost of Items Sold: $480 ($138 mine / $342 consignors)
$Highest Price Sold: $200 Cashmere Overcoat
Average Price Sold: $75.54
Money Spent on New Inventory This Week: $470
Number of items listed this week: 34Jan 7 -Jan 13, 2024
Total Items in Store: 3782 listings for 5434 items
Items Sold: 48
Gross Sales: $3819.56 (including eBay fees, shipping, and taxes)
Net Sales: $2925.63
Cost of Items Sold: $444 ($189 mine / $255 consignors)
Highest Price Sold: $510 Canali Suit
Average Price Sold: $79.57
Money Spent on New Inventory This Week: $856
Number of items listed this week: 117The consignors pay to ship to me. He was going to drive it initially, but in the pandemic, the POD made good sense and was much cheaper than trying to mail it all.
I was ready (or so I thought), so I only needed about 45 minutes to offload the boxes into my garage. It came 3 days before Christmas, and right before some snow, so I wanted to get that part out of the way ASAP. They picked it up a few days later.
All of my consignors are fairly hands off. I do have one guy thats a little different…..but he sends some great stuff sometimes, so I deal with it.
Maybe this will be encouraging then.
Here are the running totals for my premium hoarder
Months since acquisition – 41
Item Sales (Not including postage) – $127,147.82
The SEAM Store commission – $43,968.43
Client Payout – $63,138.15
Items Sold – 1577
Active Listings – 519
Items to be listed – 315
Garage-sold, Trashed or Donated Items – 426
We initially agreed on roughly 1200-1400 items. He couldn’t fit everything in a small PODS unit, and his location did not offer Medium PODS, so he went with a Large. He got a little happy-go-lucky at the end and just started throwing in piles of things we had not discussed. I was having massive anxiety about the unknown death pile inbound, with nowhere to offload the unconsignable stuff. During the pandemic I couldn’t find anywhere to take donations, but I was able to move a lot of the unconsignable stuff at a garage sale by doing “fill a bag”. It was almost a year before I finally had everything unpacked and really knew how much he sent. The 60 wardrobe boxes nearly killed me, but it has been worth it……I’m not sure if I would do it again….but ask me tomorrow.
I send him a payout every month on the 15th, for the past 3.5 years, and almost never hear a peep.
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