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Week May 19-25, 2019
Items in store: 3835 Listings for 5884 Items
Items Sold: 61 Transactions for 64 Items
Gross Sales: $4383.37
Highest Price Sold: $295, LVC Leather Jacket
Lowest Price Sold: $15.00(necktie)
Average Price Sold: $68.48
Cost of Goods Sold $158, Plus consignment
Number of items listed this week: 120 items
$$ spent on new inventory this week $185
Repeat Customers: 7Amazon
Items Sold 0
Gross Sales $0
Cost of Good Sold $0With the slower sales this week, I spent 3 days completely re-arranging our 1100 sq ft office space to maximize work flow and inventory space to make it ready for the growth needed to pay for my wife’s masters degree aspirations. I think it’s really going to make a noticeable improvement on efficiency.
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This reply was modified 2 years, 3 months ago by
The_SEAM_Store.
Offers to buyers:
Some items with watchers may not be eligible for sending offers because the buyers have to be opted in to receiving offers from sellers. So if you have 10 watchers, you may only be able to send an offer to 2 or 3 people or even 0.
About 5 years ago, the USPS upgraded their package scanning equipment. Our tiny local post office was one of the beta testers. At this same time,cthey had an interim postmaster who came in from another office, and really seemed to try to tighten things up a lot as far as cutting man hours. He told me they were not required to scan individual packages on the porch, and that I needed a SCAN form if I wanted them scanned, and instructed the carriers to stop scanning them. At the same time, he had them stop scanning when the daily truck would leave for the distribution, so if I didn’t have a scan form, they might not be scanned at all until they got to Harrisburg, and sometimes not until the following day.
I had 80 packages get dinged for late shipping. So, I started using the scan form. This meant I had to ship in bulk….which in turn prompted me to build an numeric inventory system to help quickly match up the labels to items being shipped….after mixing up outgoing packages on multiple occasions.
Now things have calmed back down in the local post office, but I continue to provide a SCAN form to save my carrier time. They really do work very hard for me.
@t-satt, I use Fitshipper for some of my labels, whenever I can save a little money shipping dimensionally. On that platform, it pulls in info directly from ebay, but you can also copy paste addresses into a quick ship form. You can print one at a time, and then print a scan form for anything shipped that day. It also has a cool tool that will tell you if you can save $$ by making the package a little smaller. The cost is $8/mo.-
This reply was modified 2 years, 3 months ago by
The_SEAM_Store.
Downside is that the only way to get the SCAN sheet is to bulk print. For us, that sucks. 10-20 packages a day, many looking the same (shoe priority boxes, multiple 9×12 poly bags) that we have to match up. By that time, I can get to the post office and back doing the dropoff myself.
I use the custom label/SKU field for keeping my inventory. Every item has a unique identifier that follows it from photos to measuring to storing to shipping. When printing labels in bulk, I then select to have the SKU printed on the shipping label. This way up to 50 labels can be printed at once and I just match them up the inventory number on each package.
Week May 12 – 18, 2019
Items in store: 3744 Listings for 5800 Items
Items Sold: 72 Transactions for 79 Items
Gross Sales: $4317.37
Highest Price Sold: $300, Burberry Suit
Lowest Price Sold: $4.99(shoelaces)
Average Price Sold: $54.65
Cost of Goods Sold $355, Plus consignment
Number of items listed this week: 90 items
$$ spent on new inventory this week $98
Repeat Customers: 8Amazon
Items Sold 2
Gross Sales $34.80
Cost of Good Sold $8If a buyer creates or uses a secondary username in order to circumvent your block list, that’s a violation of policy and will get any case closed in your favor.
Yeah, same here. We don’t really have estate sales at all. Everything goes to auctions. If I find myself at an estate sale, it’s usually at least 2 hours away.
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This reply was modified 2 years, 3 months ago by
The_SEAM_Store.
Yes I had to buy one in February. It made things tight for a month or two, on top of the surgery, but they are both paid for.
Next challenge. My wife may go back to school for her Masters degree, it’s 3 years and $80K. We were on track to pay off our house early by 2024. My goal is to increase sales to pay for her school and not fall off our 2024 payoff.
At my current rate…I would have to sell an additional 2500 items or so, on top of what we are currently doing, to make it happen. Spread over 3 years, that would mean I need a 20% increase in # items sold. (16/week)…..Better get listing.
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This reply was modified 2 years, 3 months ago by
The_SEAM_Store.
$5855 – $492 (consignment) – $600 (shipping) -$600 (PP/eBay fees) = $4163
Is this math roughly correct? That’s $16,000 a month!
$5855 – $492 (COGS) – $600(consignment) – $600 (shipping) -$600 (PP/eBay fees) = $3563 Roughly
Consignment payout is about $600/week on average. Of course Shipping and eBay/PP fees are each a $600/week chunk as well.
Week May 5 – 11, 2019
Items in store: 3708 Listings for 5781 Items
Items Sold: 102 Transactions for 115 Items
Gross Sales: $5855
Highest Price Sold: $396, LVC Leather Jacket
Lowest Price Sold: $3.49(shoelaces)
Average Price Sold: $50.91
Cost of Goods Sold $492, Plus consignment
Number of items listed this week: 134 items
$$ spent on new inventory this week $00
Repeat Customers: 5Amazon
Items Sold 0
Gross Sales $0
Cost of Good Sold $0My yearly spring explosion of frugalness, I got the garden mostly ready for planting this week. We grown and preserve our own organic veggies. Found broken frost spigot I will have to deal with before I can get the irrigation running. I hate crawling under the house, it’s a tight dirt and rock crawlspace….I may take he easy road and pay a plumber. The savings we get on all out home-grown produce will more than cover the plumber.
Possibly. The back thing has been going on for years, but perhaps there will be a new diagnosis in a few weeks. My recent surgery was entirely unrelated.
I’ve got a bone growth/tumor, inside my spinal column that impinges on my spinal cord, and also arthritis in the surrounding joints. The docs believe its been there most of my life (osteochondroma) but since we only recently discovered it, they check it every 6 months for growth. If it’s growing, it would more likely be bone cancer. It’s in a tricky spot, so they don’t want to operate on it unless it’s absolutely necessary. So they told me to “live with it”, some days I can live with it, some days it takes over and I can’t do much at all.
About the possible new diagnosis….I mentioned a few weeks back that I found out who my biological grandfather was through a DNA test with ancestry.com. I’ve been in communication with my new aunt, and have since learned that my great grandmother had Paget’s disease of the bone. The neurosurgeon had suggested this as a possibility a little over a year ago, and sent me to a specialist. Unfortunately, the specialist didn’t seem concerned and sent me away without any testing…and a bill of course. Paget’s can be hereditary, and I am about 40% more likely to have it if a relative had it.
The specialist said it was a rare disease, but I found that that is not entirely true. It is actually the second most common bone disease, osteoporosis being the first. It is “rare” in patients under 40, but “common” in patients over 40. As if midnight on your 40th birthday is the exact line for that distinction.
I am 39 and I literally have all the symptoms. With this new family history information, I am going to request the testing at my next followup in 2 weeks. It wouldn’t be a great diagnosis, but it would be better to know, than to not know.
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This reply was modified 2 years, 4 months ago by
The_SEAM_Store.
I don’t see how it would make much difference, unless you were constantly shipping heavier items. In the last 90 days I’ve shipped 1,234 items. The average shipping cost was $6.22.
Granted, many of those were first class, though it also includes a couple hundred international shipments as well.
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This reply was modified 2 years, 4 months ago by
The_SEAM_Store.
Working together.
Some days I’m sure my wife hates me. It’s been a real struggle to teach her why I do things the way I do them after 14 years of doing eBay alone, I’m a little bit obsessive with my methods, and compromise can be challenging for me, but we are making it work better all the time.
It seems that she may go back to school for her masters degree, possibly next year….which means I will not only lose her part time help for ebay, but also lose her for the other daily life tasks 2-3 full days a week. I encourage her to do what she loves, and if a masters degree is part of it, I’m 100% supportive.
I’ve been ok. The first half of April was super slow due to my 4 week surgery recovery. By the 15th I only had about $5800 in sales. Once my restrictions were lifted on the 18th I was able to crank it out and finish the month with $16580, respectable but quite a bit lower than my pre-surgery projections.
Now my back pain is back in full force, I have another CT scan (have one every 6 months) and a follow up in a couple weeks. Hope to get another steroid treatment which will lessen the discomfort for about a year to 18 months, hopefully.
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This reply was modified 2 years, 3 months ago by
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