Tuesday, July 26, 2016

My Trip to Sports Authority

Well my trip to Sports Authority was pretty uneventful. There was only 1 small corner of stuff left. Everything was 90-95% off. I got there at 8:45 expecting droves of people (like KMart). There was 2 other people. Sadly 1 was another reseller (I suspect although he volunteered the information that he was donating stuff. But later when I moved racks he was like "and here comes my competition" LOL. A little good natured fun.

I can't go in and not feel bad for the associates losing their job. That being said there was 5 cashiers and between the other guy (with more than me) and me (with 3 carts) they were really good natured and friendly. I can't say I would be that nice.

Anyway I got a total of 222 items for $375. A little more than I intended to spend. However, I got a couple "store fixtures" for $22 (included in the $375). I wanted to manequins for $20 but I left them there :( I did get 4 or 5 of those metal feet measurers. I have wanted 1 for my kids for quite a while but they are $50+ a pop several years ago online. They were $5 each; 1 we keep the other 3 we sell.

Honestly I mostly got softball/baseball pants. I tried to get mostly kids sizes as I feel those would be most popular (54 cents each) . I did get about 25 pairs of Under Armour womens ones (1.25 each). They are selling consistently on ebay right now for $20 a pair). several pairs of Adidas soccer shin guards (.85 each) selling on Amazon FBA for $15. Lots of Adidas socks. And more shoes than I care to count. I kept it to only Adidas, Nike, and Under Armour. Most are cleats of some kind.

And in some raw pictures, my living room is a mess. LOL.










Look at all those wonderful pants hangars. Hubby wants to recycle them. Me...I'm not sure I'd rather keep them in the attic I think.

Yes, my living room is a terrible train wreck. We have 1 kid this afternoon so that's our plan. I'm just trying not to throw it somewhere to never be listed. Also trying to have it out of my living room before animals deposit fur on it like crazy.

The most expensive purchase was a $100 Eagles jersey for $10.00

Now the other local Sports Authority store closes Wednesday. I'm really torn if I should go or not. If I don't there is no turning back but I also concerned about a huge influx of sports items on eBay and the like. I am buying an American Girl lot today for $100 but 10 minutes later selling 30+ lbs of Legos. Hmmmm.

2 Bumbos sold on eBay last night.

Has anyone else been to Sports Authority liquidation? WHat was your impression?


Monday, July 25, 2016

No Buy July

....that's what a few women on BST Facebook sites have named it. I love it. So accurate.

I have had 6 eBay sales this month; 1 was my old iPhone 5s which certainly helped numbers. 2 FBA sales. This month we are definately hurting.

That being said sales for retail arbitrage are abounding. 1 particular store I was going to go to 4 different locations for a few items. When I started buying there were 150 listed on eBay (last week). Now there are 1,300 similar items! Obviously I wasn't the only reseller who found this sale.

I'm sure most people by now know that Sports Authority is going under. I've never really shopped there; back in my teenage years friends who worked there had to sign a no competition agreement (basically I won't buy sporting goods anywhere else while I'm employed.). I'm not a fan of that; off the clock and out of uniform it's none of your business where I buy stuff.

Anyway I'm not here to rant. All stores will be closed on or before this Thursday. Ours is today. Unlike Kmart they don't have a buyer lined up yet (or so I was told). They plan to be closed by mid afternoon but also will wait "until everything is gone"....if that's not a motivated seller I don't know what is.

It's about a half hour (1 way) drive from me (read that they can't wait 2 more days?! My new store from my job is in the next plaza and I start there Wednesday LOL. Oh well Ce la vie..  If the kids are good there will a Disney store and/or toys r us trip (1 is next door the other across the street), out to lunch (or chuck e cheese's) and call it a business trip.

Shhh...I don't plan on scanning much. Unlike Kmart, I haven't been there at all in the going out of business sale so have no idea what to expect. I do hope to find hubby a pair of shoes (he's a size 13-15 so shoe shopping is a nightmare). I expect chaos, but not as much as Kmart (who planned it well to end on a Sunday). All "normal" people work today right?

I don't plan on coming home with cartloads of stuff either. Our sales this month can't really justify it. I will probably spend around $200 and am hoping for at least 90% off.

When I get home, Christmas FBA gets pulled out of the attic and shipped to them along with misc stragglers and whatever is bought today.

Anyone else sick of dealing with no buy July?

Friday, July 22, 2016

Not listing on eBay...I'm Cutting Myself Slack

OK so who sells on Facebook? I'm not talking about local sites either. That's right, local Facebook pages I don't really sell much on. Too much hassle and drama around here. However, I do sell on national pages. Sites like "Gymboree/Justice BST" "anything Children BST" and American Girl obsessed pages I often sell in. In case you aren't up to date on ever changing lingo "BST" means buy/sell/trade.

These sites work a lot in the same was as eBay; once an item is sold it is invoiced through Paypal; Paypal buyer/seller protection works in the same was eBay's does.

Depending on the activity on the board, the post can quickly be lost down the thread. "flash sales" or "purge sales" (same thing) are common.  I post a general description of what I will be posting....and then start taking pictures (this also gives people time to comment on the thread so they get notifications when it goes live. It also bumps the post back to the top when someone comments).

The "attention getting" picture for one of my sales Sunday.


So like for example on Sunday I didn't list anything on eBay; I did run 2 flash sales totalling 145 items. That's a lot of stuff; most was small insignificant donation worthy items. But I sold 50 of them. Most were $1 each plus shipping and Paypal fees but guess what? That's $50 I wouldn't have had.

I tend to beat myself up because "I've only listed x amount of items on eBay". I don't track Facebook listings or Amazon new listings at all...I think maybe I need to start. It will make me feel less like I am doing no work at all.




Wednesday, July 20, 2016

A Little Office Facelift

OK so my laptop has been on its last legs for about 2 years now. I obviously was reluctant to spend money on it. I also had about 3 TV trays set up that my printer/laptop/etc. Again, didn't want to put out money on a desk. My cheap little desk chair is about 10 years old (and cost me $10 originally new)....I did notice myself slumping and bending over everytime to type/work.

Sooo....with hubby taking over, he agreed it's time to spend a little money on getting my corner of the dining room office functional.

Since we have been married 6 years ago, hubby keeps all these spare computer parts. I have bugged him countless times to get rid of but he didn't. (hubby builds/fixed computers as a hobby). He had a decent everything in a box. The case was my gutted computer from 10 years ago; the monitor is also my original computer screen. It cost $30 to upgrade ram.

And it runs better than it has for years. Not only that, hubby downloaded all the drivers etc needed so I could literally just sit down and work.

Sorry the picture is dark but we got a corner desk....I love corner furniture. It isn't super high quality but should last several years for my purposes. $113 free prime shipping was what it cost us; being about 50 lbs I can only imagine shipping costs. It was delivered today and hubby set it up while I was working.

The next one was to buy a back supporting chair; however since this desk is an appropriate height the chair now works decently. I may wait on buying a new chair.

So this is my pleasant little surprise today :D 


Monday, July 18, 2016

A Midyear Goal Checkup

Now that we are about half the year through (OMG TOO FAST), lets see how I am doing against my goals (I honestly don't even really remember them so this is a brutally honest undoctored post as I'm copying and pasting as I am writing.


Amazon:
* Eventually by the end of the year make $75-100 per day in profits. 

We are currently at $3500 in gross sales so we have a little way to go. 

* Continue to list Fulfill by Merchant as the situation allows for (although I typically do this). Sometimes but rarely. 

* Source 2-4x a week. Right now his preferred source is retail arbitrage; this is clearance season. Moving past that he is going to begin looking for hole in the wall local places. Made this during the school year....not so much now. Still finding hole in the wall places. 


* Items shipped either same or next day. (we have shipped out 3 small shipments so far. In less than a week we have had $412 in sales....will make a separate post about sales soon). He is pretty confident on how to navigate Amazon's Seller Central. I am currently (and will continue as time permits) helping him ship items. I will also continue to help him shop (although he checks everything in my cart before we buy). This is, after all, the fun part.  Some days are better than others. I would say we average 5-7 days to get things out. This setup is ideal but it typically takes us a whole school day to shop so we put away until the next school day unless we back to back      back source

eBay:
* List 1 new item a day. (hence the low goal comment before). Nope, averaging 5-10 a month. Need to work on this.


* Source only from yard sales as money allows (again the fun part). Mostly. About 90% of the time. Can't tell you the last time I arbitraged something for eBay. 


* I have at least 3 full tubs and my car trunk still full of unlisted clothes; I also have both kids closets full and 5 totes of listed clothing. As profitable as clothes can be its overwhelming to me right now and I tend to procrastinate.....So no more clothes unless its something that I seriously can't pass up (believe me with clothes its few and far between). Bought Justice clothes for $2.50 each this week. 95% off. Brand new to sell on Facebook. 


*$500 in gross sales a month. Nope averaging $350ish. 


*In general just to be more selective about what I buy. This I have done. Still looking for higher ticket items, but it is a start. 

Etsy:
* List a total of 5-10 a month. have listed 12 new things since 2016 started.


* Become more picky about vintage.....alot of that means learning more. Honestly, I think I have decided to quit this altogether. 


* I bought a few (and I really mean a few) things to try my hand at Etsy crafting again. The price was unbeatable. However, its on the back burner for the near future. I have inventory to list before I can bite off more than I can chew. Sat in a box for months then sold in a yard sale. Don't have time. 

General:
*Pay off business credit card by June. That's all I'm going to say about that till its squared off. About halfway there. 

* We lost around $3k in 2015. Would like to make $7k in profits. That would be an increase of $10k.At a YTD profit of 2391.10. I'm ok with that especially since 4th quarter will help. 

* Blog more consistently. Like other bloggers I have gotten sick of blogging. This blog has turned less into selling and more into my personal life story....which is not what I really intended it to be. Going back to basics. I would be happy with 1-2x a week. Increasing blog income would also be a perk :D Sorry guys. Still trying to do this. My main computer has gone done and won't let me write a blog post without deleting it. Hubby is working on building me another one. 

So yup, that's what I got today. I am happy with the direction things are headed. 

Thursday, July 14, 2016

June's Numbers

Picture courtesy of 401calculator.org

Junes numbers.....it's been both my best and worst month. Here's why....with kids out of school sourcing (especially for Amazon) has all but stopped. After crunching these numbers, I did what I do best...went yard saling. Haha. I did only go to 2 in our neighborhood and skipped the huge community sales. I don't have time to list much these days. I also expect come the start of school for our COGS to go up cutting into the profit as we restock. (we are sitting at 400 items on Amazon, 100 on Etsy, and 409 on eBay. But the sales were awful specifically on eBay.

Those 2 yard sales were profitable. The first was all newer items for cheap. 2x Disney Store costumes with the accessories for $1 each, clothes (but for my daughter, me, and to sell) for only a dime each. An entire bag on Build a Bear clothes for $2. I didn't buy a lot of what I should of but I try really hard to cherry pick and do quality not quantity now.

The second yard sale was selling tons of toys....vintage toys. Her daughter was the same age as me. Gallon size bags of Barbie clothes and accessories for a quarter a bag, a 23K gold Pokemon card thrown into a bag of Mcdonalds toys for $1. (that's a win/win. The kids get the rest of the toys which keeps them busy for 5 mins :D ). More Build a Bear clothes, a Light Brite for $1 (for the kids) etc. Oh and 3 big bags of Disney World plush (vintage) for $5. My car was pretty full for $20.

Anyway on to the numbers:

New listings in June:
eBay 4
Etsy 0

Yup I know that is definately part of the problem

Income:
eBay 192.81 (ouch!)
amazon 3881.06
etsy 78.26
facebook 48.50
other (selling game to gamestop) 24.

total income 4224.63

Outgo:
COGS 799.67
car gas 29.71
yard sale permit 10.
postage 182.20
hosting/sellery (209.89)
supplies 40.82
ebay 42.25
paypal 13.28
etsy 3.16
amazon 1379.58

total outgo 2710.56

TOTAL PROFIT $1514.07

Say WHAT?!?!?! I double and triple checked this number. I am Soooo insanely excited!



Sunday, July 3, 2016

The Big Day (AKA Yard Sale Day) is Over!!

Just for fun, here are the 2 yard sale posts from last year.

http://thriftinginthebuff.blogspot.com/2015/10/yard-sale-day-1.html  

Since the 2nd post is mostly about other stuff and no pictures; I made $31 at the 2nd sale.

This year I advertised 4 Facebook Groups, Craigslist, and the local paper.

We only put up 2 signs (I forgot to buy tacks and tape wouldn't have worked).

I was concerned about a holiday weekend. The foot traffic was AMAZING!

Will never do another yard sale when its dark at 6am Haha.

Last yard sale the neighbor directly to my right had pipes being replaced. This year the contractor was working on my neighbor to the left because a car ran through their house.

Last year I froze; this year was gorgeous and I'm burnt to a crisp. This year my FIL came in addition to my MIL so it was an even better time. Growing up our yard sales were always lots of branches of my family and it was more about the get together than the actual sale.

Shopkins were my oopsie mistake from a few months ago. Had 158 of them. Sold 107 at the sale for $1 each. They were all "common" ones. The "expensive" ones are holding out till Christmas.

For the most part nothing was over $2. Lots of items I rounded down even when not asked for a deal. The kids total made $20. They are stoked; I'm stoked they cleaned out their rooms without my help. (They range from 5-10 so they are definately getting to that age).

We made $437. Not bad for quarter clothes. No "big" stuff. The American Girl items there was not even any interest in it for the most part. ....and I was only asking $2-3 for the most part.

I started at 6:30 setup instead of 5. I'm sick and I didn't feel like getting out of bed. I also didn't price much of anything. I kind of "winged" it and asked for offers. Most people were fairly reasonable. 1 guy came by and bought 70 video games (all ones even lot together wasn't worth my time. Trade in value at Game Stop averaged 13 cents each). Sold it to him for $50......walked away and hubby gave him more stuff for way less than I would have....reinforces my theory that the man of the house typically sells cheaper.

Not enough tables still....went to Ollies Thursday night and bought 4 flat sheets....STILL ran out of sheets :D

1 kid is visiting grandparents. So with the extra adult and 1 less kid it was much less stressful making sure my kids didn't get lost.

I pulled about 80% of the stuff out of the attic. I thought we sold half the stuff but I'm bad at guestimating so I trust hubby's word. He thinks 15-20%.....and we got rid of A LOT of stuff. In total we made $437. Not too shabby.

I totally forgot to take pictures. According to the Borough, we can't start before 9AM. When my inlaws got here at 8AM there were already several ppl here.

I'm not sure what an average yard sale income is but I'm pretty happy :D