Sunday, May 15, 2016

Strong eBay Sales Continue to Dominate May 2016

We continue to experience extremely strong eBay sales into Mid May 2016 which is breaking all our sales predictions based on years past. I have tried to identify exactly what is different between now and then but frankly I am at a loss.

The only change we have made is in the sheer number of listings we are doing per week now compared to then. We sell clothing and it's not even high end clothing, you can't get that stuff where we live. We continue to learn what kind of clothes we can find and sell from our area even if it's not for a great deal of money.

Even with growth of knowledge on low end clothing that is not enough to explain the abnormally strong sales as opposed to previous years. I have read other blogs and watched others sellers videos and have seen about a 50/50 opinion on whether the number of listings deeply affects sales.

Jay and Ryanne at Scavengerlife.com recently talked about having some really bad weeks of sales with nearly 4000 items listed but they had not listed in a while so it really leads to the conclusion that the number of listings you have may be less important than how often you introduce fresh product.

We have less than a quarter of their listings and sell our items for way less than they do and yet we exceeded their sales on the weeks they did not list so there may be some credence to that conclusion. They began to list again and their sales once again began to rise.

The biggest obstacle seems to be time. There are only so many hours in the day, so how many items can you list in a day? 10, 20, more ? The more you list the greater your return and that affords you more and more inventory to feed back into your business so your business would continue to grow until you simply reached your max time limit. 

Well anyway that's my view on what's happening.

For week ending 5/14/2016 we sold 23 items for 536.00 with 790 items listed. We have had no returns for the last 2 months. Our return rate continues to run below 1% and that feels pretty good. 


8 comments:

  1. Tony, Good to hear that your sales are doing well - that's awesome!

    I always find it difficult to list in the summer months, but I am going to try and keep ramping up my store. Happy Listing!

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    1. Thanks Pat ! our max seems to be 20 items a day so we are doing that for the next 2 weeks to see what happens.

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    2. Tony, 20 Items a day is a lot, and I predict you will see strong sales. Good Luck, and I look forward to hearing all about your future successes, also.

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  2. Great sales numbers. I found your blog through several others I follow. I'm adding you to my list. Hopefully, you can check mine out too. https://vintagestuffnsuch.blogspot.com/

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    1. Welcome Lisa :-)

      I'll be sure to check out your blog. Thanks !

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  3. Awesome sales!!! I sooooo need to get busy. My piles have turned in to mountains at this point...and garage sale season just started!
    Great job!
    Jen

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    1. Thanks Jen ! I hear you on the piles, omg we are so over-run with merchandise right now it isn't even funny. We had run completely out just a few months ago and now there is no end in sight, crazy huh?

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  4. Yes, indeed! I am embarrassed to admit that I still have lots of unlisted stuff from years ago! Once I discovered estate sales I just started hoarding things thinking that the treasures would run out. They never do! Now I'm considering hiring an assistant to just catch up! It's just so fun to find it and so not fun to do the actual work ;)
    Also, hope you guys are enjoying your goof off time!

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