Since I’ve been listing a little bit more, my sales have started to pick up some. I also ran a sale over the Labor Day weekend.
I was almost caught up with my backlog and then I went to an auction. It was so much fun and totally worth the hour and 20 minute drive. I have several boxes of items to go through and list for sale. It seems like at least half will go on Ebay and the other half I’ll send to Amazon FBA.
This week I sold a dress on consignment for my mother in law. I asked the question on a Facebook group that I’m in, “why would anyone sell consignment items when they can source plenty of inexpensive inventory?” Someone mentioned that they would rather have half of a $30 sale than all of a $10 sale. Or something to that effect. Just because I’m able to find inexpensive items, that doesnt mean that they are only selling for a little amount. I will say that I was less picky before about items because I could get them so cheap, but I’ve since stopped buying cheap items and started focusing on purchasing things that will sell for at least $20. I’m still trying to find the benefit of listing items on consignment. So if you have some please let me know.
So on to this week’s sales.
Sales for the week of August 30-September 5, 2015
Total Items in Store: 187 (as of 9/11/15)
Items Sold: 8
Cost of Items Sold: approx. 46.41
Total Sales: $158.13
Highest Price Sold: $29.95
Lowest Price Sold: $9.83
International Sales: 0
Money Spent on New Inventory This Week: $71
Number of items listed this week: 6
Dog picture frame – Paid: free/Sold: $13.18
Oh Mamma Maternity Shirt – Paid: free/Sold: $9.83
Ralph Lauren Blue Dress – Paid: Consignment/Sold: $29.95