Sunday, July 12, 2015

Selling on eBay Full Time - Week 2

I made 307.00 from all self employment sources this week.

So today was the second real week I have had selling on eBay full time and I managed to put up around 90 items. My earning for the week was 167.00 on eBay and 50.00 from the Flea Market and 90.00 from contract work so 307.00 for the week. 

I'm still struggling to put up listings alone, it's difficult for one person to do everything. My wife still has her full time job and I really have not been able to find a way for her to help me. When she gets home she is exhausted from work and the last thing she wants to think about is doing listings.

For 10 to 15 items it takes me about 2 hours a day to do the photography, 3 hours to do the descriptions and take measurements and look for problems on the items. The last part is where I struggle, doing the actual listing, I am incredibly slow, even on the iPad as fast as it is, doing the data entry.

I spend an average of 4 hours a day doing the data entry for 10 - 15 listings. I am super picky about the data entry itself because this is where many sellers get screwed over. If you mess up the shipping cost or you leave out some flaw you found on the item or even get the color or size wrong then your screwed if you sell it.

So 10 to 15 items is a 9 hour day for me doing this alone.

I'm still having problems finding something to sell at the flea market that I can repeat week after week. So far nothing seems to be repeatable, it's all been one shot things. Books sell ok but only at 1 dollar per book as anything higher and they just sit there.

My new love is BOOKS :-)

I just starting getting into the hardback books, if you now what to look for there are incredible deals to be made in books. I found one I haven't put up yet called Narcotics Anonymous that goes for over 200.00 in just ok condition. I also got a first edition of a book called THE STAND by Stephen King that is not in perfect condition but should still bring in over 50.00 which is pretty awesome.

I know there is something here in this area I am still overlooking that could be selling for much more money than the items I have been getting so far, I just have to keep looking. It's tough here but that is the challenge too, being able to make this business work in the most impossible of areas. Knowledge is key.

Gotta say I am really loving this, it's everything I thought it would be and more. I am just glad I did not wait any longer to do it because life is just too short to stay in a job that makes you miserable.

I'm not getting rich by any means but that was never the goal for me, it was just about taking back control of my life from the corporate world and being able to do what I want, when I want. It feels like I got my life back. Bills are being paid, our heads are above water and I can enjoy life again.

Ill let you know again next week how things are progressing.


Thanks for reading !
Tony


5 comments:

  1. Tony I can empathize as another lone wolf seller doing it all myself except for estate sales which I often have company. I'd say 10-15 listings in a day for one person is good. I usually don't even get to ten. I've streamlined a lot of the processes but it all still takes a lot of time. Pictures, research, data entry, shipping, sourcing, cleaning items. My biggest problem right now is the mess. I'm so disorganized because I've got so much stuff (1100 items up right now) and just moving around my work room is cumbersome. Or finding wear to put something. I dream of the day I work this out.

    I'm glad to hear it's going well though and you are happy with your decision!

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  2. I hear you on the mess, I have a whole bedroom dedicated as a "stock room" now. I use big boxes 24 x 14 x 14 3/8 and store them in those big plastic shelves you get at Sams and then number each box. At the bottom of my listings in the description I put the box number the item is in and thats about the only way I have been able to deal with it.

    Thanks for your comment Nancy !
    Tony

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  3. My motto is "always look at the books," as readers of my blog know. I easily can make $50 to $100 per day selling them.

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    1. Your so right Scott, I never even thought much about them before but now they have become my #1 target.

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  4. That's smart of you to code your listings so you know where to find your items. I almost went into a panic yesterday when I couldn't find something and I have very little inventory. I found it eventually, thank goodness. I can't even imagine having 1000 items in stock, let alone list them. You are smart to be careful about your listings. It cuts down on lots of headaches. I sold something the other day on Etsy and pulled it to pack it. I noticed a chip on the bottom. I looked at the listing and it mentioned the chip and showed a photo of it. Whew! I thanked myself. lol

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