Sunday, February 21, 2016

Fighting The February Slow Sales Monster as an eBay PowerSeller


  • Our Week February 14-20, 2016 
  • Total Items in eBay Store: 634
  • Items in Amazon Store: 16
  • Items Sold on eBay: 14
  • Items Sold on Amazon: 1
  • Cost of Items Sold: $28
  • Total eBay Sales: $346.34
  • Total Amazon Sales:49.00 (after fees)
  • Contract Work:250.00
  • Total All Sources:645.00
  • Highest Price Sold: $60.00 (Amazon sale)
  • Average Price Sold: $24.71 (eBay)
  • Returns: 0
  • Money Spent on New Inventory This Week: $40
  • Number of items listed this week: 2 on amazon
I looked at my ebay "All Selling" page the other day and I noticed we were top rated POWER SELLERS, I had to chuckle a little, I mean we are still little fish in the great eBay sea so I'm pretty sure that the criteria for that title isn't all that exclusive.

Anyway as you can see we had another slow week but no big deal, we continue to feed the beast. Starting next week we are back to business as usual. We got a huge pile of stuff from a guy who was cleaning out his grannys garage so can't wait to start going through all that.

My mind is still numb from all that tax stuff though, omg, we ain't never putting that off for an entire year again. Me and the wife had a business meeting, lol, yep we sat down together and talked about the business and what we could do to improve our sales.

The meeting was good, we came to an unanimous decision on what the most productive thing we could possibly do to get more sales and that was simply to list more items and then we had to figure out how we could do that. Ok first problem was having enough new product to list so that was solved by setting minimum buying totals to 100 items a week.

Now we normally go out once or twice a week to go sourcing and we didn't have any buying goals but now we have to go out over and over until we hit that minimum each week so we are motivated to look harder for more.

And finally we decided we could add another 34 items to our photography and listing process a week and that would allow us list 100 items a week so that is pretty big for us, that means we will be growing by about 400 items a month..

Now I will say we ain't spring chickens and listing 400 items a month is a lot for any age but more so for mam-maw and pap-paw so it's going to be a challenge for sure but we are gonna do it.

We have also bought a slightly older but better than what we had camera to use for pictures, a Olympus Pen E-P3 DSLR 12MP camera. I have been taking the pictures with our iPad mini's and the pictures look ok but the camera has much higher definition so hopefully our items will have more appeal. I mean heck it can't hurt now can it? lol

So more listings, better pictures and that's the game plan, we just gotta go do it now. Hopefully we will be killing it in a couple more weeks so stay tuned.


Yall have a good one !
Tony

2 comments:

  1. Funny, I'm a professional photographer and used to use my good camera when I first started. Now I use my smartphone. So much quicker and the quality is fine for me. LOL

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  2. I still use the iPad at times. I think the quality is really not as bad as I had first thought.

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