Week 46 was a mixed bag.
It started pretty slow, but then on the weekend, I made a few large sales.
Let’s break it down.
What I Sold
From Monday to Wednesday, I only managed 3 sales – all low-priced, low-profit DVDs.
Then, on Thursday, I made a sale for the digital clock radio, which kicked things up a little. From Friday to Sunday I made 4 pretty decent sales: a hardcover roleplaying book, another DVD, a tablet cover, and, the biggest as far as profit goes, a water filter replacement.
The latter making me $36.81 in profit after fees and shipping costs.
How Much I Made
This week is actually my best week by actual sales (see graph below). I sold $195.55 in total sales, which gave me a total of $67.98 in profit.
Wins
The big win for me this week is I have started selling items other than physical media. This means higher profits and bigger sales. You may have remembered from last week that I was worried eBay was promoting my DVDs and CDs but not much else. Well, this week proved that incorrect. I think.
The other win was in finding new inventory.
I went to two fairly small thrift stores and managed to get an old game & watch unit and a Yamaha CD changer unit for $5 and $10, respectively. Both should give me a good return.
Insight
I definitely think that you need to take your time at thrift stores and look all over the store for items to sell. As I have mentioned previously, I usually stay in a thrift store / op shop for 20-40 minutes at the minimum.
And I take the time to turn things over and to rummage around. Plus I look a lot of items I am not sure of up using the eBay app.
Some Stats
Below are some stats, if you are interested in that. These are for the 7 weeks I have been selling with purpose. Dollar amounts are all in Australian dollars.
Avg. Time to List (Days): 7.1
Avg. Time to Sell (Days): 13.4
Avg. Profit/Item: $6.93
Avg. Cost of Goods: $2.36
Avg. Fee: $2.39
Avg. Shipping Cost: $4.82
Avg. Promo Costs: $0.01
Avg. Sell Price: $14.17
Discounts Offered: $5.85
The average time to list definitely jumped up from last week – this is because I have started listings items I have had sitting around for a while.
The average cost of goods lists has come down a little, which is nice. Those are the only two major changes.
Over to You
How did you week go reselling? Did you sell anything big? Let me know in the comments below.