Wow I cant believe it’s been like a month since I last posted anything. Over the last few weeks we’ve been renovating our house and I’ve been staying with my mother in law. I changed the handling time on my store to 15 days and sales almost came to a complete halt.
Since the work is almost finished, I changed my handling time back to one day. I’m able to get in and out my house with whatever inventory has sold and ship it out.
During this time, I had two returns. Both items didn’t fit. Was was clothes and one for an appliance part. The bad thing about the appliance part is that it came back broken. The way it was wrapped I don’t think it was damaged in shipping but I have no way to prove that the customer did so I just refunded the item. They gave me positive feedback but rated me low on item not as described. I don’t understand that since I clearly mentioned what the part was for and included pictures. Ebay refused to remove the defect.
Right now I’m close to losing my top rated status. I need to work on some more sales so I can create more of a buffer. On a positive note, I’m going to a $5 bag sale next Saturday. You’re allowed to fit as many clothes as you can into a brown paper bag. Last year I bought 6 bags and had close to 100 items.
So on to this week’s sales.
Sales for the week of October 4-10, 2015
Total Items in Store: 173 (as of 10/15/15)
Items Sold: 4
Cost of Items Sold: approx. $3.20 (1 household item)
Total Sales: $64.80
Highest Price Sold: $19.95
Lowest Price Sold: $12.95
International Sales: 0
Money Spent on New Inventory This Week: $33.76
Number of items listed this week: 0
Silverplated Pasta Fork & Spoon – Paid: $2.24/Sold: $16.95 bo
Hurley Bellbottom Jeans – Paid: $0.48/Sold $19.95
It’s always good to have some sort of inventory built up for down times. Since I’ve been displaced the last month, my sales have slowed down, but I still have had some sales. If my inventory had been way smaller, I dont think I would have made any money.