Monday, April 18, 2016

Our Best Week Ever On Ebay ! 35 Items Sold for $659.00

Just a quick post this week to let you know what's happening with us, we sold 35 items last week for $659.00 on ebay. No sales on etsy or amazon but that's ok. We have been busy as a one legged cat in a sandbox for the last week and that is great but I know May is coming and that is normally when our sales come screeching to a halt.

Clothing and shoes continues to dominate our sales and that's just because it's about the only thing you can get in this area. We continue to look for new product sources.

Our Listings are sitting at 744 which is pretty good considering all the sales we have had this month, 67 so far. As I was writing this we just got a sale on etsy so that was cool. That was the first time I actually got to hear the etsy CHA CHING, lol, it's a little different from the ebay cha ching but still a great sound to hear.

We got out of our flea market booth today, it's just not worth it. That booth was costing us 35.00 a month and we only made enough to just pay for the booth for the last couple of months. I feel like I can put my flea market time and money into etsy and do much better so that's the plan. The fact I got an etsy cha ching just now was really just by chance, the plans had already been made.

We are kinda on the fence with Amazon, the fee's are just so high and the shipping credit so unfair. I shipped a doll Wednesday was a week ago and they only gave me 4.99 for the shipping and the little darling was kind of heavy so it cost me like 12.00 to ship so I lost about 7 bucks on shipping.

I dunno, we continue to look at Amazon as a possible but to be honest, I like etsy better. That's it for now, gotta get back to work, oh yeah we have found we can do 20 listings a day if we really work at it so that's new. As a matter of fact I have 20 drafts to complete now so I gotta get back to it.

See Ya !

Monday, April 11, 2016

If At First You Don't Succeed then KEEP TRYING KNUCKLEHEAD

Tony's Tip Of The Week
 The Wood Activity Cube For Pre-Schoolers 

This one is a bit on the heavy and bulky side but surprisingly economical to ship via parcel post. Created from solid wood and made for pre-schoolers this puppy weighs in around 22 lbs and is often overlooked at garage sales and thrift stores because of its weight. The wood activity cube comes in all kinds of different styles and is an educational moms favorite as it teaches all sorts of fun but practical things.

  Average Used Ebay Sold Price Between $40 to $75  

Our Week ending March 26th, 2016 

  • Total Items in eBay Store: 733
  • Items in Amazon Store: 24
  • Items Sold on eBay: 21
  • Items Sold on Amazon: 1
  • Items Sold on Etsy: 1
  • Cost of Items Sold: $49.00
  • Total eBay Sales: $456.00 
  • Total Amazon Sales: $11.00 
  • Total Etsy Sales: $16.00
  • Contract Work: $250.00
  • Total All Sources: $733.00
  • Highest Price Sold: $150.00 (bracelet)
  • Average Price Sold: $21.71 (eBay)
  • Returns: 0
  • Money Spent on New Inventory This Week: $100.00
  • Number of items listed this week: 23 on eBay
  •                                                   0 on Amazon
  •                                                   4 on Etsy
  • (all numbers are rounded to nearest whole dollar)
  • Return rate 0.88%

For the last 2 weeks we have been pretty ebay lazy for whatever reasons there may have been. I do think low sales are depressing and can keep you from being very productive. Anyway now things are starting to heat up on the ole ebay account and it's looking much better.

Sidebar for Pat ... I was about to call ebay to try to get our listing limits raised when they did it without me even asking which was super cool :-)

As you know from reading our blog we live in an area where it's pretty tough to get new inventory cheap that is worth anything significant. We seem to constantly be questioning our buying choices and not without good cause. We have things that have not budged at the lowest prices we can put on them for years.

To increase our sales we are going to have to be much more methodical and precise about what we pick to be in our store. In my estimation you could have a huge inventory but if it's all junk then your still no better off than when you have very little.

I noticed that the newest listings we are putting up have had the greatest amount of movement so that tells me we are moving in the right direction but we just need to get better educated on what we are selling.

One thing I have noticed is that style trumps brand in may cases. You could have a really low end brand but if it has the sought after style then it's got the greatest chance of being sold as long as your not pricing yourself out of the market.

Well that's about it for this week, not much else going on right now. We know we have to get back to work so yeah that's going to happen but we are no longer convinced that simply listing anything and everything is the answer we were looking for, now we will be listing perhaps less items per week but better and higher quality items per week.

I'll let ya know how it goes.

Thanks for Reading,