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Week Feb 10-16, 2019
Total Items in Store: 3488 listings for 5367 total items
Items Sold: 105 Transactions for 113 Items total
Gross Sales: $5830.88
Cost of Items Sold: $373 + $708 consignment payout
Highest Price Sold: $199.99 (1950s Frye Jet Boots)
Lowest Price Sold: $4.99 (Pair of Shoe laces)
Average Price Sold: $55.53/transaction, $51.60/Item
Returns: 4
Money Spent on New Inventory This Week: $3
Number of items listed this week: 43 ListingsAmazon Experiment
Amazon Products – 54
Items Sold – 11
Gross Sales – $261.92
Average Price Sold – $23.81
Cost of Goods Sold – $24Lost some listing time due to my car trouble. Losing more time this week due to car shopping. I hate car shopping.
A photographer buddy is coming tomorrow (snow permitting) to shoot some pics on a trial basis. Hoping to make it something semi-regular, but we will see how it goes. Fingers crossed.
Yep. Same way we do it.
Frustrating since I just sunk a few grand into it this past fall. I considered selling it after it was running well again. Kicking myself for not pulling the plug sooner. Still waiting on the dealership to call and let me know the diagnosis, but it sounds as though my engine is full of marbles, and running only at 500rmps. Ugh
Fortunately I have an enormous lifepile in reserve for inclement weather and summer thrift doldrums, so sourcing can always be put on the back burner for up to 2-3 months.
Follow-up to the “what do you do with the $$$ you make each month, savings, bills…” question.
Car broke down today…..
Ah, yes, the “real” accrual method. The accrual of 4000 receipts in one shoebox.
Oh boy, this could take a while. I just checked and I have 1604 listings with watchers. Hope they introduce a more streamlined method of watcher-offer-making soon.
Here’s an example. I hope it’t ok I post this link, if not please feel free to remove it.
https://poshmark.com/listing/NWOT-Venus-Tie-Dye-Comfy-Dress-Size-XS-5c5115c7194dadf1beebab4f
She shoots on her phone. The full shots of longer items are taken in regular mode, and the rest in square when possible. Then to make the long photos square, she simply turns her phone sideways. Screen shot, edit, crop to square and center the long photo in the middle of the square border.
I shoot as much as I can in square or as close to square as possible for best ebay mobile compatibility. For my wifes posh photos, any longer items are shot in vertical and then screen shot cropped to a square which gives the photo a solid thick border on each side, but the clothing is not cut off in the photo.
Is there a way to attach photos here? I can show you what I mean.
Canadian sellers, are you also having this issue?
-US buyers message me asking if I can ship to the USA.
-I ship absolutely everything to the USA so I reply yes.
-They confirm ebay won’t let them buy.
-I check the listing in browser: ships to USA
-I check the listing in mobile: does not ship to USAThe solution I find is really hacky, I put in US shipping on mobile using UPS or something with some WAG number on shipping. Then I invoice the buyer for the actual cost once they offer.
Honestly this issue bothers me. For every buyer who messages me and is willing to work with me, there must be 5 who can’t be bothered buying if ebay isn’t letting them do so easily. Am I losing these buyers due to this ridiculous issue?
Have you called ebay yet? This would have me calling immediately. I would tend to believe it is a lot more than 5 to 1 that wouldn’t reach out if they couldn’t buy.
Sorry if I missed your last answer. $20k/month is a lot of money to spend, but I guess it does all add up. It’ll be interesting to see your numbers as we progress into the summer. Our numbers drop off as well.
If we made $20k/month, we’d be able to…
–Pay off a $100k mortgage in a year.
–Renovate a building in 6 months instead of 18 months.
–Save cash like crazy.Your store is great. I forget that some men still wear suits 🙂
We only just hit the $20K mark for the first time in October. I’d love it to stay up there all year, but that’s not realistic when I look at the last 14 years. I actually look forward to summer slow down. I built a big raised bed garden a couple years ago, so as soon as spring hits you will find me outside.
You do have great photos. Like I always said, 45 percent photos 45 percent keywords and 10 percent luck lol.
Thank you. I prefer to dress a mannequin for everything, and shoot hand-held. It seems those days are over, as those things have become too painful. Now, I try to find the most hands free method. My goal is to perfect my setup so that photographically inexperienced person could duplicate my photo style without having to actually touch a camera at all. I’m almost there.
Always improving.
Please ignore if you think Im prying, but what do you do with your profits that you clear each month. From the short time you’ve posted numbers, you could be clearing almost $20k a month.
Unless you drive a really expensive car, have a huge house note, or have three kids going to private college, that’s a lot of cash that’s free and clear.
Are you saving? Are you paying off a debt?
Answered this one last week or the week before maybe….
Lets see, I have been purchasing lots of inventory since November to try to ramp up for this fall even bigger.
We have some medical bills that we are paying off, our health insurance premium is pretty high
I have about a year left on a 5 year loan from when we built by office.
I put $12-15K back into savings for summer slow down/emergencies (we blew through that last year with an unexpected surgery).
Self-Employed 401K.
I do have a car payment for another year or so, but it’s just a secondhand chevy equinox…so nothing outlandish.
We also send in extra monthly payments on our mortgage, and a lump payment once a year. We still owe a decent bit on our home, but my goal is to pay it off in the next 6 years (18 years early). We could probably live a little more frugally, we are not big spenders, but we are comfortable.
I may pay either the car or office early this year…waiting to see how our taxes look with the new tax laws. When you sell a lot on ebay, you send a lot to the IRS. This is life. Once I do, that payment will snowball onto the next, and ultimately everything will go on the mortgage premium until it’s gone.
Oh, and a little put aside for vacation.
