Sunday, March 27, 2016

Damn The Torpedoes ! Full Steam Ahead !!

Tony's Tip Of The Week
 Pokemon Plush Toys 

This one is pretty specialized but well worth the research. How many times have you gone into a thrift store and saw that huge bin of plush, yeah you know the one, it's so overloaded you can't even see all of them. Well there is a huge following for Pokemon plush toys. Some are worth near the $200 dollar range. I have provided a link below so you can see the recent sold items on these to give you an idea of which ones to look for. Good Hunting !

  Average Used Ebay Sold Price Between $50 to $200  

Our Week ending March 26th, 2016 

  • Total Items in eBay Store: 730
  • Items in Amazon Store: 24
  • Items Sold on eBay: 11
  • Items Sold on Amazon: 0
  • Cost of Items Sold: $25
  • Total eBay Sales: $265.00 
  • Total Amazon Sales: $0.00 
  • Contract Work: $250.00
  • Total All Sources: $515.00
  • Highest Price Sold: $58.00 (broken camera lens)
  • Average Price Sold: $24.09 (eBay)
  • Returns: 0
  • Money Spent on New Inventory This Week: $0.00
  • Number of items listed this week: 62 on eBay
  •                                                   0 on Amazon
  • (all numbers are rounded to nearest whole dollar)
  • Return rate 0.88%

This week I have very much empathized with Admiral David Farragut during the Civil War Battle of Mobile Bay who said Damn the Torpedoes Full Steam Ahead ! When sales are down and all seems like a losing battle you just have to batten down the hatches and keep on GOING !!!

And by george that is exactly what we are doing. Yes our week sucked and yeah it could have been better but we are in this for the long haul baby and retreat is not an option !  We managed to list 62 items this week despite the gloom of pitiful sales.

No amazon sales this week, that was harsh. Oh yeah we did have a single etsy sale for $15.00 that is not recorded on my numbers above so that would bring us to $530.00 for the week. You know, this is not an exact science and there is no real proven formula that anyone can just repeat.

Anything you can think of has the potential for greatness on ebay given the right buyer and circumstances. At the end of the week we were ready to crawl into a bottle of Jim Beam but we didn't which is good since we don't drink. We even considered selling diapers at one point, lol. 

I think the best course of action that we can do or that you can do is just keep going with what is working for you. We sell clothes on a regular albeit shaky basis so I think we just need to stick to that for now. I did sell one book last week on ebay of all places. I had it listed for less on Amazon for longer and it just would not sell there so that was weird. 

After talking to Nicole from the College Fund thrifter last week  and now after selling a book I am thinking about books again. Nicole was talking about selling cookbooks and I see those all the time so I gotta put those back on my radar.

I hope your week was far better than ours but even if it wasn't don't let the gloom get you, JUST KEEP ON LISTING !!!! One thing is for sure, the sun is still gonna rise and the earth is gonna keep going round and round so don't sweat it. 

Thanks for Reading,

Monday, March 21, 2016

Our Mid March Report

Tony's Tip Of The Week
Tundra Canada Sweaters

  Average Used Ebay Sold Price Between $50 to $75  

These awesome sweaters are always a sweet find whenever your out thrifting. Many times they are overlooked because the name is not well known anymore. The Tundra Knitwear Canadian factory went out of business back in 2002. They have the Aussie Coogie look to them but in my opinion have much higher quality.

Our Week ending March 19th, 2016 

  • Total Items in eBay Store: 681
  • Items in Amazon Store: 27
  • Items Sold on eBay: 11
  • Items Sold on Amazon: 2
  • Cost of Items Sold: $65
  • Total eBay Sales: $210.00 
  • Total Amazon Sales: $341.00 (after fees)
  • Contract Work: $250.00
  • Total All Sources: $801.00
  • Highest Price Sold: $295.00 (Amazon sale)
  • Average Price Sold: $19.09 (eBay)
  • Returns: 0
  • Money Spent on New Inventory This Week: $0.00
  • Number of items listed this week: 40 on eBay
  •                                                   14 on Amazon
  • (all numbers are rounded to nearest whole dollar)
  • Return rate 0.91%

We have had a sick kitty this last week, one of our babies, Moe had a growth on his right foot that had to be removed so we have been back and forth to the vet over the week. I'm happy to say the surgery to remove the growth was a success and he is doing well and on the mend. Moe is a 12 year old Tux and has been a real trooper. 

Our ebay sales have been slow but steady. We listed a little but with so much going on with Moe and the vet we just didn't get much ebay done this week. We sold a digital camera on Amazon for 295.00 last week and that helped bring our sales up tremendously. 

We are still learning on Amazon, it's a great marketplace and we have made around $2000.00 over the last 2 months on there but getting new items to sell is proving to be a challenge. Either we have no access to the category or the item is a slow seller so that is a venue we continue to investigate. I don't think we will ever do FBA. I like shipping the item myself.

Clothing continues to dominate our sales on ebay, hmm what a surprise... not. Shoes and boots came a close second. Some digital camera equipment we picked up at auction continues to sell nicely on Amazon.

Hope your sales are up and your making that Cha Ching sound go crazy on your phones! 

Thanks for Reading,

Sunday, March 13, 2016

March eBay Sales Off To A Strong Start

Tony's Tip Of The Week
2016 Hot Wheels The Original Batmobile 

The Original batmobile fashioned after the batmobile featured in the old batman TV series from the 60's starring Adam West is one of the most valuable and sought after Hot Wheel cars that has come out this year. 

226/250 is part of the 2016 Super Treasure Hunt set and 1/5 in the Batman series. The iconic black car features red graphics, red pin stripes, a red bat logo outlined in white on the doors, and “TH” on the trunk. Dark gray flames can be found on the hood and trunk. The car has clear windows, a gray interior, Real Rider 5-Spoke Mag-Style wheels, and a black plastic Malaysia base.

There is another batmobile that came out this year, its the new one featured in the upcoming Batman VS Superman movie. No real value yet but it might be worth picking up as the value should go up if the movie is a success.

Our Week ending March 12th, 2016 

  • Total Items in eBay Store: 651
  • Items in Amazon Store: 13
  • Items Sold on eBay: 19
  • Items Sold on Amazon: 1
  • Cost of Items Sold: $46.00
  • Total eBay Sales: $272.00 
  • Total Amazon Sales: $95.00 (after fees)
  • Contract Work: $250.00
  • Total All Sources: $617.00
  • Highest Price Sold: $95.00 (Amazon sale)
  • Average Price Sold: $14.31 (eBay)
  • Returns: 1
  • Money Spent on New Inventory This Week: $54.00
  • Number of items listed this week: 60 on eBay
  •                                                   4 on Amazon
  • (all numbers are rounded to nearest whole dollar)
  • Return rate 0.91%

It seemed pretty slow on ebay over the last 2 weeks but things are starting to pick up. We had 3 ebay sales and 2 really good amazon sales today which are not counted on my numbers above. Me and my wife were both under the weather on week ending March 5th and then this last week it has been non-stop rain and by that I mean flood type rain which prevented us from getting to the storage locker to take photos so we haven't done much listing. 

We are feeling much better now so we should be getting back into it now hard and heavy. The weekend sales have really been great so we have much optimism about our coming weeks in March. So far we have done about $900.00 between Amazon and eBay in March so that makes us feel pretty good. We just have to keep the train moving forward and it should be fine.

I will try to post some pictures of the stuff I got at auction on my next post. By the way I have found that better pictures are making quite a difference so that is something to consider. I hope your sales are up and I wish you all good health.


Tuesday, March 1, 2016

A Sellers View of eBay's CEO Devin Wenig

What makes a good CEO a great CEO ? When they really understand what is going on with the company that they have been chosen to run. I think many times the job itself is buried in so much corporate nonsense that this important leader becomes so out of touch with how the companies policies are affecting the health of the company that it begins to fail slowly over time.

Kudos to Mr Devin Wenig for stepping outside the cookie cutter CEO mentality and actually taking a real interest in how to make ebay a better company not only for buyers but for sellers as well. For without a healthy supply of a wide variety of sellers there would not be nearly as many buyers.

When we first decided to run an ebay business for a living the company policies were so stringent and foreboding that we were actually scared of the company and were constantly trying to figure fallback plans in case we just woke up one day and our ebay business was closed down for some minor infraction of the rules.

We are so pleased with the new CEO that those thoughts are no longer part of our business strategy and now we can just focus on building a successful ebay business. We feel like we are part of something really great again and no longer have that it's them against us feeling. Feels more like a partnership than ever before.

I was just thinking about this today and how much me and my partners feeling toward ebay have completely turned around since Devin Wenig took over. Feels like we can all breath again, lol. Running an ebay store is hard enough without being afraid of having the rug pulled out from under you for things you can't control.

At least now with the new policies in effect our future with ebay is in our hands and I have to say that feels pretty damn good.

Have a good one !