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@sharyn ☝️ I apologize for the misspelling.
@sharon Thanks! I’ve listed a couple of items doing that same thing. Just making sure that I am on the right track.
@Jay thanks!
In addition to my comment on my own pricing, the art and afghan have very few or no sold or listed comps. Definite longtail. Most of my other items are listed on the higher end of sold comps.
@Jay sorry that I haven’t responded to you sooner. I’ll answer your questions in the order that you asked them in your first response.
– I have scavenged a few items from around the house but most of my items have been from thrift stores. There are 4 thrift stores that I scavenge at regularly during my lunch break (1 per day) but I am in rural area like you all are so only time will tell how good their product restocking will be. I was able to scavenge while out of town for work for a week and it was pretty productive but I very rarely travel for work so that’s not something I can depend on. The best day of scavenging was for me was black Friday. I was able to hit a bunch of stores in one day that I don’t normally go to and most of them were having special sales. I will have to dedicate more time to these stores on the weekends to get to where I want to be. There is at least 1 weekly auction that I plan on checking out in the near future. Also, I’m excited for yard sale season to hit in the spring. A lot of the small towns around me do community wide sales.
– I’m listing a variety of items but the bulk have been clothing, shoes, boots etc. plus a few prices of art and electronics.
– A vast majority of the products I have bought have been under $5, a few at $5-10 and a few at $10-20.
– I have 60 items listed currently, all listed on the higher end, by it now, taking offers. My average listing price is $37 if I exclude 3 pieces of art and an afghan that i have listed high. My average is $68 with those items included.
– I have been talking photos of an evening as I get products and either listing after taking pictures or the next day. It isn’t technically a set schedule but I have been pretty consistent.
– I have sold 9 items total. My average has been $26 plus shipping on all items.
– I haven’t had any shipping issues, yet. 5 have arrived and 4 are in transit. I shipped my first through the global shipping program this morning.
Also, I converted to the lowest level store and opted into the global shipping program last week.
Thanks again for the responses! I look forward learning from this community.
I appreciate all of the feedback so far and I look forward to more!
I understand the concerns about every new adventure having a honeymoon period. I totally get it. This may not work out for me in the long run, only time will tell.
I realize that I have a lot to learn and that there will be ups and down. It’s not all rainbows and butterflies. I set goals to give myself direction instead of wondering aimlessly. It can be overwhelming. For me it’s the same as the question of “How do you eat an elephant? One bite at a time.” With my current end goal being the “entire elephant” and my first goal as the “bite #1.” I am sure that these goals will evolve as I gain more experience.
@Old Dad thanks for the input! I consciously set my current end goal conservatively because I want my goals to be realistic and attainable with the time and resources that I have available.
Thanks @Jay for the specific questions regarding my processes. I need to be realistic and more deliberate about developing these if I want this to be successful in the long run.
So don’t develop a plan, set goals or treat it like a business. Cool. Got it.
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