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@Inglewood I used to make a killing at vintage stereo equipment, remotes, vintage boom boxes (cassette, 8-track, even cd), as well as remotes and other things. I wish I could still do it. My health is to the point I have to be in a thrift store and out in less than 10 minutes or it gets embarrassing with my breathing and I don’t use my oxygen because I think that is as much embarrassment as well. So I go in shop for shoes and I am out. I do hire someone about once a week to hit the Goodwill bins with me. I rest while they find then go through what they found and take what I think is good. Just seems funny I can buy 300 pounds when I was in good health and they might find 50 pounds in two hours and by the time I go through it, it is down to 35 pounds.
Man he was a character, used to love visit his store to see what he was modeling and how he was posing. Got some laughs. Yep. That is what I usually tell people when they say it’s slow, my views are down and fretting it. I usually say four words, Adapt and change it.
That reminds me, what ever happened to Mikey and his Wife, the ones that yah started with?
Been picking for over 30 years. Platforms since 1998. I was watching this podcast when it started on a different website. I can’t even remember the name of the old website now. I think it had eBay in the name or something.
My sales this year is like any year. A little slow. Some years are slower. The good thing is you can always change it. Bring prices down and have more sales. Use pricespectre or something to bring the prices down.I have never did this full time. I was a nurse for 30 years. I did use this to travel with one time. Work part time and sell. I have partial VA disability and SS now. I am not saying I don’t make a full time income. I am saying I don’t rely on this money.
The only thing that changed with me is I used to sell everything. Now I have breathing problems can’t lift as much and I have switched to clothes, shoes and things I can pick up easy. I don’t think I like clothes lol. I don’t mind shoes.
I sell on eBay, Posh, no more Bonanza, I sell on Etsy. Locally and more. I source via auctions (online only) then pick up. I do Online Estate sale auctions. I source easy garage sales.
Quit sweating it peeps. It is going to fluctuate year to year. I have been through 3 recessions while selling and two were when it was online. I still made money, I just had to sell different stuff and list more is all. You just have to think outside the box. Lets see the 2001 recession I bought junk cars and sold the parts. Trust me more people work on there car during a recession. 2007 recession I bought more things that people had to have, household, graphing calculators, shoes and things like that. More people buy used when pennies are pinched.
Lmao, you are a numbers geek, so am I though in a small way, if my bank account shows a profit then I am happy, that is the only number I care to control. I mean yes, I know what my store costs, my accountant charges me and so forth. He on the other hand wants to know what the gasoline cost, oil, any cleaning supplies. I mean he gave me a list a mile long. I gave him a few ebooks I wrote like this one http://liftingforlife.com/ebayebook.pdf had to copy that over, the website used to be just100aday but let it go. The more I give him though the more he wants me to break down numbers. I could go through everything and I guess nit pick the numbers but I know I have a surplus at the end of the year after taxes and that is what I am concerned with. I know I want to make at least 40k a year and I do so I am happy. Thanks, I think he has numbered himself out of the equation though lol.
Oh no thank you though lol I had two forums, one did very well teaching people how to sell on eBay, I also wrote a large pdf of about 333 pages, those days are over, that is why I sent him over to you lol.
With all the changes on eBay (more than usual at least), I will keep training myself only at this point. Thank you though, he just likes to nitpick and I do not mean that in a bad way, he is analytical and needs numbers, he knows there are more costs. I mean he asks what about cleaning supplies and etc.., he wants everything broken down. I do not think he will make it being so obsessed with the numbers.Think about it, if we were that obsessed with numbers and percentages on eBay, we would of ran away long ago.
Thanks for Replying Jay and good luck to you.
No offense, but would be nice to see on each update your breakdown on your total costs, such as ebay store, accounting and so forth. Would give a more complete and true picture.
The only reason I bring this up is a friend is starting on eBay and I sent him to your site to help him start. He was confused and thought that is what you make in profit, so I had to explain to him the other costs involved. Thanks and I have enjoyed reading your blog since (I think) 2013. thanks again.I don’t even worry if the 8mm, vcrs or other things like that work, as long as I can get them for less than 5 bucks I’m good. I make quite a bit of money on parts machines. It’s not like they can go to the appliance store and order parts for those. I would think that would go for 20 to 25 parts.
I disagree with you. Why?
I sold in 2008 and before that. I quit from about 2013 to now.
I was going to sell again and even though I had been a top seller on eBay in the past since I quit for so long they made me a new seller so to speak.
I had a 5 limit per month item. I said fine and thought maybe in a month I would be lifted. I was not and called. All 5 listings were sold with all 5 actually leaving positive feedback since I sent them bonus gifts to get that feedback.
I was not lifted and called. They said well we will put you at 10 limit. I asked them questions and they tried to skirt the question and would not give me a complete answer but after talking to them I knew it would take me forever to get my limits to where I could make a decent amount of money.I do agree with everything else you state though. I won’t even go to storage auctions any longer. The only type of auction I usually buy at is online now because it seems I can still buy low enough.
Thrift stores and I love this, they will have eBay or Etsy pictures of listings such as their item and show that price. I have had one of my favorite thrift stores sell out to a new owner and now the new owner puts all the good stuff back for a few people who hit it daily.
Also now the sites are getting to be all about the buyers. In other words they have all the advantage, you have to pretty much offer things for quite a bit less than you could in 2008.
