03-06-2019 09:30 PM
I think the only way to 'succeed' weekly, on eBay, is to have $50,000 in listings so, you might be able to sell $400-500 per week. Of course, this would amount to $350 in fees. lol I guess I'll have to stick to my $100-150 a week, before fees and, find a nice unlocked tool shed to live in. 😛 Good luck to all.
03-06-2019 09:37 PM
You are correct but most full time sellers know that. The best bet would be stay part time Ebay and a part time job ?
03-06-2019 10:55 PM
There are 1,000 upon 1,000's upon 1,000's of seller on Ebay that do not meet those thresholds and manage to stay alive on Ebay. I do get it, at times it is extremely frustrating and sales are a bit hard to come by. But if it were to be as you say, then there would be no small sellers at all and that simply is not the case.
03-06-2019 10:58 PM - edited 03-06-2019 10:59 PM
@sakic92710 wrote:I think the only way to 'succeed' weekly, on eBay, is to have $50,000 in listings so, you might be able to sell $400-500 per week. Of course, this would amount to $350 in fees. lol I guess I'll have to stick to my $100-150 a week, before fees and, find a nice unlocked tool shed to live in. 😛 Good luck to all.
You couldn't be more wrong here. You definitely would be able to afford a padlock to go with "your" shed.
03-07-2019 01:21 AM
Your $50K value listed would have to be 10,000 $5 items if you want to keep your monthly listing fee at $350.
If you had 1000 $50 listings, you would only pay $75 a month.
But that's only if you had monthly subscriptions. If you had annual subs, the prices would be $300 and $60.
You'd pay that $60 fee off by your second sale of $50, including FVF and Paypal fees. (Shipping is paid by the buyer, not the seller)
After that each $50 sale you make costs you ~$6.60.
I've left out procurement costs and packaging a $5 item is nearly as expensive as packaging a $50 item. And of course, you'd want to put a bit aside in a virtual Cookie Jar for the occasional problem transaction.
https://pages.ebay.ca/seller-centre/selling/ebay-stores.html#packages-pricing
03-07-2019 02:30 AM
'I think the only way to 'succeed' weekly, on eBay, is to have $50,000 in listings so'
Not true it depends what you sell, some folk do well in the collectible category. I mostly have $2000-$3000 listed with around 200 items a fast sell through rate and I continue to suceed on eBay. A bulk of my lots go in auctions and many 10 x my cost. Even though I don't live in UK I sell on the eBay UK site as converting the pound to $$$ works. I reach my daily target every day on eBay and all I do is eBay. My fees are closer to $800+ a month. Some items sell in minutes some. eBay continues to find me hundreds of buyers. Being in a niche helps.
03-07-2019 03:08 AM
I use to sell about 300 items a month and made alittle profit, then the last 6-8 months I sell about 50 a month if I'm lucky. I have removed all of my fixed price listings about 850 of them. Have a few things on auction but am closing store at the end of the month that is when my store subscription runs out. Ebay has become no fun anymore due to all of their constant changes that DO NOT help the sellers, but will put more money in Ebays pocket. Good luck to all of you but I'm going to do something else.
03-07-2019 03:29 AM
I think your point has some validity. All things being equal, for example selling collectibles at a fair price there is a rule of percentages. It used to be if I listed 100 items. 30% would sell the first week, 10% the second and then the sales would trickle in. The second week list 100 items 30% would sell plus the previous weeks 10% then the trickle sales. After a couple months of this the trickle sales start to add significantly to the regular sales and you could make a living. This would be fairly consistent.
The problem is now you are lucky to get 10% the first week and then the trickle comes. I think you would need an inventory in excess of $100,000 to make any kind of money and there will always need to be new items listed. It's a rat race and I gave it up Jan 2018.
03-07-2019 04:12 AM
I think the potential to make sales highly depends on what you're selling and the consumer demand that follows. For instance, I can sell games very quickly, and all I list will sell, they always do. But DVD's or CD's might sit for months on end without any sales. I try and figure out what sells best and stick with it, and for me its definitely the games.
03-07-2019 04:41 AM
@siayan wrote:I think your point has some validity. All things being equal, for example selling collectibles at a fair price there is a rule of percentages. It used to be if I listed 100 items. 30% would sell the first week, 10% the second and then the sales would trickle in. The second week list 100 items 30% would sell plus the previous weeks 10% then the trickle sales. After a couple months of this the trickle sales start to add significantly to the regular sales and you could make a living. This would be fairly consistent.
The problem is now you are lucky to get 10% the first week and then the trickle comes. I think you would need an inventory in excess of $100,000 to make any kind of money and there will always need to be new items listed. It's a rat race and I gave it up Jan 2018.
This sounds about right for the stats.
03-07-2019 10:06 AM
03-07-2019 11:11 AM
@gamersbaystore wrote:I think the potential to make sales highly depends on what you're selling and the consumer demand that follows. For instance, I can sell games very quickly, and all I list will sell, they always do. But DVD's or CD's might sit for months on end without any sales. I try and figure out what sells best and stick with it, and for me its definitely the games.
Exactly. For a while when I had more time to be on the hunt, I made a good amount of money by hitting up my local GameStops for their copies of rare games and then flipping them here. When the sequel to Xenoblade was announced, I made bank by buying up copies of the original game from GS for $40 and selling them for $80+ here. Most of them sold in less than 24 hours. There's always a market for games because not all of them are available on PSN/XBL/the Nintendo e-shop, and even when they are, there are plenty of gamers who still prefer having a physical copy of things (I'm one of those people).
But CDs and DVDs? My local thrift store has tubs and tubs of those priced at a nickel apiece. There's very little demand for them unless they're rare because most of them have been so mass-produced that they have little value. The only DVDs I've actually succeeded in selling here were niche ones from small studios, not the kind you can find two million copies of on Amazon for pennies each.
It's all about finding the stuff that has demand-- that's the hardest part.
03-07-2019 11:49 AM
Every time Netflix drops another program or movie, I'm in the market for the DVD.
I had to buy Two Guys A Girl and a Pizza Place* from Australia, because it has never been made available in North America.
*Because: Nathan Fillion.
03-07-2019 03:12 PM
@sakic92710 wrote:I think the only way to 'succeed' weekly, on eBay, is to have $50,000 in listings so, you might be able to sell $400-500 per week. Of course, this would amount to $350 in fees. lol I guess I'll have to stick to my $100-150 a week, before fees and, find a nice unlocked tool shed to live in. 😛 Good luck to all.
Or you could sell stuff people actually want.
03-07-2019 03:33 PM
That's funny
Thanks, I needed that!
Pain is a terrible thing to deal with, but laughter truly is the best medicine! if only for a little bit.