Congrats to everyone on our 300th episode! We posted our first podcast in March of 2013. Four years ago! We say congrats to you guys because we wouldn’t have kept recording each and every week if you didn’t show up to share with us. I’m glad we’ve found our people, the Trash Elves.
We received our tax bill from the accountant. Double ouch. Good news is that we made more money than expected in 2016. Bad news is we didn’t pay enough over the year so we have a hefty tax bill to pay by April 15. All of our eBay profits in March will go to the upkeep of this great nation. We do our best to stay on top of our numbers, but being self-employed with varying income makes it difficult. Well, if we’re paying a lot of taxes it means business is good.
eBay announced their Spring Seller Update. We talk it about it in length here. Basically it’s higher fees and lower discounts. Not great, but we still make great money on eBay. You can also read how eBay is supposedly going to spend the extra money they get from us.
Sellers won’t be happy, but it’s just business.
Hope you had a good week.
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Our Store Week February 26-March 4, 2017
Store #1
Total Items in Store: 5,714
Items Sold: 71
Cost of Items Sold: $235
Total Sales: $2,074.15
Highest Price Sold: $125 (vintage book)
Average Price Sold: $29.21
Returns: 0
Money Spent on New Inventory This Week: $20
Number of items listed this week: 0
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Bonanza/Trugether:
Sold 1 items for $30
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Store #2
Total Items in Store: 1113
Items Sold: 16
Cost of Items Sold: $300
Total Sales: $1,453.86
Highest Price Sold: $499 (Vintage painting)
Average Price Sold: $90.86
Returns: 0
Number of items listed this week: 115
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