Another week has gone by and I still haven’t completed my goal of listing 100 items in a week. Trying to work at home with two small kids is proving to be very difficult. But since I put in my two weeks’ notice at my job, I don’t really have a choice but to make it work.
On a positive note, I did have an increase in sales. I ran a sale over the Memorial Day holiday weekend. Several of my higher priced items sold, which resulted in my biggest sales week in a long time. These items were a part of a lot I won at an auction. I paid $10 plus tax for 6 appliances/electronics/household goods. I had to travel about an hour and 20 minutes to get there but the trip has more than paid for itself.
So on to this week’s sales.
Sales for the week of May 24-30, 2015
Total Items in Store: 163 (as of 6/2/15)
Items Sold: 8
Cost of Items Sold: approx. $7.65 (one dress shirt was free)
Total Sales: $154.38
Highest Price Sold: $39.96
Lowest Price Sold: $7.96
International Sales: 1
Money Spent on New Inventory This Week: 0
Number of items listed this week: 11
Daytimer planner – Paid: $1.77/Sold: $22
15″ replacement pot top – Paid: $0.62/Sold: $19.95
Pressure cooker – Paid: $1.77/Sold: 39.96
As I mentioned, I am nowhere near where I need to be as far as listings and profits go. I’m going to have to find the time/energy to list after the kids go to bed or before they wake up. Fortunately I still have plenty of unlisted inventory so I don’t have to spend time shopping.
Lessons learned for the week:
- Sales work – I’ve ran sales several times and whenever I do, I always sell something.
- Don’t be afraid to list worn items – The Daytimer I sold had scratches and scuff marks and it still sold.
- Be willing to reject or counter an offer – Someone offered me $15 for a Daytimer planner that I was selling for $29.95. I was willing to accept $21.95 but they didn’t accept it. A few days later it sold for $22.95 (it was on sale).
- Board games aren’t for me – I jumped on the board game bandwagon but apparently I didn’t pick the right ones. The profit margins just aren’t enough for me to bother with them.
My goal for the week is to try to list at least 5 items a day. Maybe that will be more reasonable. How were your sales for the week?