I have always looked at January as post holiday spending hangover month....where sales typically drop. This is has been true for my Amazon account but my eBay account is busier than it has been in like the last 6 months.
This is largely thanks to swimsuits and running shoes. I bought a lot of swimsuits for $3.99 each (almost all plus size) and I have sold around 2 dozen since right before Christmas. They aren't huge sales but they are 300-400% profit. On average they have been selling for $15-20+shipping.
The other seller that is coming as a surprise is Nike Running Shoes. I have sold 4 pair in the last 2 days. I bought 30 or so pair from Sports Authority in June/July for $6.50 per pair but they have sat and sat. They have sold for $25-40 free shipping.
I am chalking this up to the 40% 3 week sale I had going on at my store. Now that the credit card is paid off, it is time to stockpile some cash (my roof is now leaking) and make some room for yard sale season!
Sunday, January 15, 2017
Sunday, January 8, 2017
I thought it would be fun to take a look back at 2016 goals and how they were met. I haven't actually set up any 2017 goals yet....they are forthcoming but I had the flu this past week.
* Eventually by the end of the year make $75-100 per day in profits. We did until July then they fell off to about $20 a day
* Continue to list Fulfill by Merchant as the situation allows for (although I typically do this). I don't do this anymore as I have a hard time shipping on time and I don't want to risk my account health.
* 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. Usually about 1-3
times a week; this works for us :D
* 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. We do about 1 shipment a week. We found it to be way more cost effective to do large shipments.
* List 1 new item a day. (hence the low goal comment before). Most months were between 5-140 so I think overall I hit the goal.
* Source only from yard sales as money allows (again the fun part). Yes only went to a small amount of yard sales this month.
* 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). Better than in years past but I still have a ton on clothes....but to be fair a good amount in my kids that I'm selling also.
*$500 in gross sales a month. $400-1000 so yes this is a win.
*In general just to be more selective about what I buy. This also I call a win; each year there are less and less duds.
* List a total of 5-10 a month. Nope I think I maybe listed 5 things all year.
* Become more picky about vintage.....alot of that means learning more. Didn't buy either. Don't have time to learn something new. "vintage" right now means my childhood (90s....and no Pogs :D )
* 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. HAHAHAHA. Sold the stuff.
*Pay off busines credit card by June. December but the main thing is it is paid off.
* We lost around $3k in 2015. would like to make $7k in profits. That would be an increase of $10k A profit of $6756.02. I would call that a win.
*Blog more consistently. Sorry guys.