This week’s sales have been pretty decent, even though I haven’t listed much. I’m been in a rut lately and I’m having a hard time staying motivated. I’ve been extra tired dealing with household chores and taking care of my kids.
This has got me thinking that I need to continue working on other, less time intensive, income streams.
The N64 that was returned because the customer said it was cracked, was returned and sold again within the week for a higher price. However, I did get a defect that eBay wont remove. I also got another return and defect on a Gamebody accessory. For some reason I don’t think I tested it and the buyer said it didn’t work. The worst part about the whole thing is that the item was priced so cheap. I should have just left it in the store to begin with.
On a positive note, I did get another Amazon sale on the free books that I received at the auction. I listed most of the books at $7.95 even if there were other FBA sellers or those selling it for much cheaper. With all the FBA fees, I’m only making $1.96 per sale. But, I dont have to keep these items in my house and once they’re sent in, I dont have to worry about shipping them out later on. I’m going to start sourcing more books in the future to see if I can increase my income and time.
So on to this week’s sales.
Sales for the week of July 12-18, 2015
Total Items in Store: 273 (as of 7/22/15)
Items Sold: 7 (1 Amazon)
Cost of Items Sold: approx. $4.75 (4 household items)
Total Sales: $172.24 ($103.39 household items)
Highest Price Sold: $50
Lowest Price Sold: $3.49
International Sales: 0
Money Spent on New Inventory This Week: 0
Number of items listed this week: 8
Boppy – Paid: Free/Sold: $29.95
Nintendo N64 – Paid: Free/Sold: $50 bo
Metallic beach bag – Paid: $1.51/Sold: $24.95
1. Test all electronics – If I cant find a way to test, then I will list for parts only. I would rather do that than get another defect or a return.
2. Stop buying low priced items – I have a tendency to pick up items at that have a low resale value. I need to keep reminding myself that I need to make a profit and should only buy things that I think I can get more than $20.