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Not a whole lot of help, but my $0.02:
– Reminds me of the Led Zeppelin/Swan Song “Icarus” logo.
– I’m guessing U4EA is “cool” spelling for euphoria? Maybe try some searching around this?They almost look like lederhosen to me.
October 28 – November 3, 2018
Store 1
Total Items in Store: 1,404
Items Sold: 18
Gross Sales: $510.84
Cost of Items Sold: $49.00
Highest Price Sold: $149.99 (dog training collar)
Average Price Sold: $28.38
Returns: 0
Money Spent on New Inventory This Week: $55.34
Number of items listed this week: 36Store 2
Total Items in Store: 534
Items Sold: 9
Gross Sales: $98.34
Cost of Items Sold: $3.60
Highest Price Sold: $13.59 (vintage patch)
Average Price Sold: $10.93
Returns: 0
Money Spent on New Inventory This Week: $12.00
Number of items listed this week: 20Amazon.ca sales: $39.58 (Approx $9.90 net profit)
Amazon.com sale: $326.04 (Approx $81.51 net profit)Haven’t listened to the new episode yet; will tomorrow morning at my day-job.
Solid week for us. Nothing outstanding, but steady. We’re pushing to get our listings up, and to clear out some of the older, lower priced inventory. Lots of packing cheaper stuff, but it’s gone…
Had a solid find this past week. Found a dog training collar with case and accessories for $7.99. Listed it, and it sold in a few days for $149.99.
10/31/2018 at 11:25 pm in reply to: Winchester38's Journal – A Journey To Full-time Reselling #51046End of another month. We hit 1,950 listings yesterday, just making our goal for the month.
Three months until I’m planning to give notice. Aiming for at least 2,300 listings by then. Working backwards, I’m setting a goal of 2,075 unique eBay listings by the end of November.
In the meantime, I’ve been working on an Amazon deal that could have significant potential to my bottom line. I won’t get into too much detail until I know if it is coming to fruition or not.
Moving is a pain in the butt, but can be terribly exciting and invigorating when you come out the other side of it.
Congrats on beginning the next phase. In my experience, long term, you’re much better off to take your time and find the right place. We’ll be making a similar move next year, and the big concerns for us are internet speed, proximity to the border, proximity to family, and proximity to inventory sources. Everything else can be managed one way or another.
Following your progress, and excited for you!
October 21-27, 2018
Store 1
Total Items in Store: 1,395
Items Sold: 17
Gross Sales: $369.49
Cost of Items Sold: $39.40
Highest Price Sold: $59.99 (Vintage jacket)
Average Price Sold: $21.73
Returns: 0
Money Spent on New Inventory This Week: $127.06
Number of items listed this week: 18Store 2
Total Items in Store: 521
Items Sold: 4
Gross Sales: $39.98
Cost of Items Sold: $0.80
Highest Price Sold: $13.59 (vintage patch)
Average Price Sold: $9.99
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 5Amazon.ca sales: $70.38 (Approx $17.56 net profit)
Amazon.com sale: $241.00 (Approx $60.25net profit)Slow week both on the listing and sales front. Sold a fair number of items, but they were generally low priced. Got quite a few listed yesterday, and have a few more days to hit our goal of 1,950 listings before November 1st (currently short by about 20 listings).
In response to the podcast and your friend in Canada, our main account sells on ebay.com. We use a cross border shipper that takes our items across the border so that we can use USPS. The tracking and speed is much better, and in most cases postage is cheaper, even after paying the exchange and CBS to take our packages across. We pay as little as $1.00cdn ($0.80USD) to take packages 2lbs and less across.
In many cases, if someone from Canada buys from us, it’s actually cheaper for us to pay the CBS to take our packages to the US, and to pay USPS is USD than it is to use Canada Post.
Long-term, we’re planning to set up near a border and take our own packages across to USPS. I hate the thought that if our CBS went under, we’d have to completely rearrange our entire process.
We do sell small (letterpost sized) items on ebay.ca. Tracking and insurance on larger items is prohibitively expensive in many cases via Canada Post. Plus, it’s nice to have a backup account, just in case, and it seems to chug along without much work or effort, so we keep it.
10/25/2018 at 3:07 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50763Great podcast! As I make the transition to full-time selling over the coming months, it’s nice to hear stories of others that have gone before me and have had success. Minus the kids, your story sounds like mine (ours). Just looking to buy our time back, and are willing to sacrifice “stuff” to get it.
As for wives, sounds like you’ve done well. Mrs Winchester38 is out of my league, so I get where you’re coming from! Haha
totommyto,
Pennants are SUPER slow to sell for me, but are also SUPER high ROI, easy to store, and easy to ship, so I watch for them. Mostly just the old felt souvenir ones from the 60s/70s. I seem to be able to find them for a dollar or two at flea markets and yard sales, then I list them for around $25-30 each, and wait. I probably sell one to three of them most months on average.
They’d likely sell faster if I dropped my prices a bit, but with such a small investment, and taking up so much room, I don’t mind waiting for a few extra dollars.
Get those pins listed!
10/25/2018 at 2:03 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50749Listening to the podcast now T-Satt!
For me, some of my main B&B items are hats, t shirts, coffee mugs, patches, pennants, playing cards, etc. Generally I buy all of them at a very minimal cost, they’re quick and easy to list/pack/ship, and usually sell for less than $25. Sell through rate is usually pretty low, but I sell a few of each every week.
10/22/2018 at 11:41 pm in reply to: Winchester38's Journal – A Journey To Full-time Reselling #50581Thanks Inglewood. We found a few lots of items that are/were easy/fast to “sell similar” with, and it let us set a good base of listings quickly. Of our 1,900+, probably 800-900 are hats, ephemera, and patches. The other 1,000 are comprised of a bit of everything; clothing, vintage/antique items, car parts, housewares, coffee mugs, you name it.
In the evenings after work/supper, if we have nothing pressing to do, I’m either listing, preparing drafts, or researching items. I’ve gotten pretty good at “Netflix & eBay”.
10/22/2018 at 10:33 am in reply to: Winchester38's Journal – A Journey To Full-time Reselling #50527Yes, FBA only. I send in two or three big boxes a month, and the money spits back out every two weeks. At this point, profit is $500-700+ per month. Not bad for 30 minutes of running to a local store, and an hour or so of labelling/packing per week. Just another income stream.
Hey Jay,
– We own a home in a major city, that is currently being rented to tenants that would like to stay long term. They’ve been in it since June, and we’ve owned it since 2015. It doesn’t currently cash flow at all, but we build about $1,000 in equity each month that it’s rented (all else remaining equal), and break even otherwise. We’ve currently got about $40k in equity in it. Still debating selling to pull the equity out, or keeping it for a while. We should have enough cash to make the move and make a substantial (25-50%) down payment on our next home without touching the rental house. Currently, we live about three hours from our rental property, and are renting a house.
– As far as replenishables on Amazon, I’ve found one or two brands with multiple product lines that I can easily find, and consistently sell a few per week each. They’re low (high) enough sales rank that they don’t seem to draw much attention from other sellers, but are popular enough that I’m able to average around 30% profit after fees/cogs/shipping/etc. Not my favourite business model, but a few hundred dollars of profit per month is hard to ignore. I’m six or seven months into consistent returns/income here. The stream may dry up, but for now, I’m milking it.
10/21/2018 at 7:40 pm in reply to: Scavenger Life Episode 382: Treasure Hunting with a Fishnet #50476Haven’t listened to the new episode yet, but my numbers this week:
October 14-20, 2018
Store 1
Total Items in Store: 1,392
Items Sold: 9
Gross Sales: $383.95
Cost of Items Sold: $32.80
Highest Price Sold: $125.00 (Vintage advertising tin)
Average Price Sold: $42.66
Returns: 1
Money Spent on New Inventory This Week: $67.65
Number of items listed this week: 41Store 2
Total Items in Store: 518
Items Sold: 7
Gross Sales: $63.14
Cost of Items Sold: $1.75
Highest Price Sold: $15.99 (vintage farming pamphlet)
Average Price Sold: $9.02
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 12Amazon.ca sales: $122.40 (Approx $30.60 net profit)
Amazon.com sale: $490.00 (Approx $122.50 net profit)Still working on ramping our ebay accounts up further. We passed the 1,900 total listings mark this week (two stores). Well on pace to hit our goal of 1,950 total by the end of October, and trending towards hitting our goal of 2,200-2,300 listings by the end of January (when I hope to give notice at my day-job).
I feel your anxiety about leaving the full time job, doublythumbs. I’m targeting January 31st myself. I’m not where I need to be, but I’m close. We’re debt free, minus a house (that is being rented and covers its own costs), and one vehicle loan. We’ve got some money saved, and a line of credit plus credit cards, should we need instant access to funds.
It’s daunting, but we’ll make it work. I wish you all the best in your journey!
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