Keep Listing, Keep Listing, Keep Stockpiling!!

[meme6253]

All you ever here is keep listing,keep listing, But with sales as slow as they are, I keep stockpiling,I mean come on already, say you list 20 item's & 2 sell,You see what I mean!

[baantiques]

1.  Items won't sell if they aren't listed

2.  Yes, you will stockpile. No one sells every single thing they list.

That said, stock piling is a double edged sword.  Yes it's good to have more listings.  But more listings without more sales is bad.  How so?  Sell through rate. The more things you have relative to the number of sales, the lower your sell through rate.  So while your things won't sell if you don't list them, you might still not sell them after they are listed.

So get rid of them.  Have a sale, group together in auction lots, take them to the thrift store.

[baantiques]

Inflation isn't caused by greed.  People and corporations are always greedy.  It's the printing of money over the last few years that caused inflation - more money in circulation chasing the same amount of stuff makes the prices go up.

Interest rate increases are supposed to slow inflation by removing money from circulation.

[anjofak]

I made the tour guide point as a bad start when 3 of them had stopped in with the same slow gotta go tales first month of summer, they on average bring groups of 2-20 multiple times a week.. so took that as a good hint of how this year was about to be. And it's stayed steady on on the 🐌 slowwww

[sin-n-dex]

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@12345jamesstamps wrote:

I don't collect stamps but sell them...but as my listings grow I guess I do collect stamps.

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You'd have a field day with what showed up at the shop this week...

They got five totes back from an auction house that was doing nothing all year with their stamps (now it's my job, I've already weeded out all the garbage that I'm not going to be able to sell).

And I got a text at lunch today that 9 new totes have shown up. I'm going in on Wednesday to appraise it. If they give me a calculator and tell me to add up the face value of postage I'm going to tell them to take a hike and get one of their wage people to do that. I'm on commission. Money is made by selling, not counting the prices of stamps. The deal I made is I'd look at stuff and give an opinion, no calculators involved. The only reason I'm looking at it to give an opinion is because it might be followed with "can I sell that for you?"

Anyway the stuff the auction house had is great, but we're missing about 100 century old US stamps that were removed from mounts in the album and not returned. We don't know the value because no one bothered to catalogue was was going to the auction house, and the auction house claims they returned everything.

C.

[sin-n-dex]

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@atlasesattic wrote:

Some days I usually just end listings and relist as knew, sell similar...rather the running out of stuff to list, until I go sourcing again.

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I do that too when times are slow... I do the sell similar, lower the price, tinker with the title. Make it look like a whole new item.

C.

[stephenmorgan]

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@meme6253 wrote:

All you ever here is keep listing,keep listing, But with sales as slow as they are, I keep stockpiling,I mean come on already, say you list 20 item's & 2 sell,You see what I mean!

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Two of of twenty is pretty good. 

I average two per hundred.

[sin-n-dex]

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@baantiques wrote:

Inflation isn't caused by greed.  People and corporations are always greedy.  It's the printing of money over the last few years that caused inflation - more money in circulation chasing the same amount of stuff makes the prices go up.

Interest rate increases are supposed to slow inflation by removing money from circulation.

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We have inflation in Canada too.

Supposedly around 20% of people have negative amortization on their homes, which means the mortgage grows instead of shrinks as time moves forward. The banks are demanding lump sum payments upon renewal. Not sure yet if I'll get hit with that or not.

I mentioned to my roommate (who's totally challenged when it comes to math, money and economics) that someone was on The National (CBC newscast) with a mortgage statement showing he paid $1100 in interest and $23 in principle.

So this roommate starts arguing with me that $1100 in interest is a whole lot, and that's like "300%" (where does he come up with this stuff?) He said imagine if you got a mortgage for 100K and had 5%, you'd only have to pay $500 in interest. (Yes, math challenged). I pointed out that 5% of 100K is $5000, for one. For two, it's per year, not for the lifetime of borrowing that you pay 5%. Third, no one has a mortgage for 100K unless you got it in 1980 (around here anyway), it's more likely 500K, if you bought the condo next door... 800K if you bought a house. So 5% of 800K is actually 40K, paid per year, so basically $3300 in interest per month (which slowly decreases as your mortgage is paid down).

But this roommate doesn't understand any of this, and thinks his share of the household expenses is way too high at $900 per month. When the people down the street are paying 3K a month in interest to live in their house, I don't think $900 is nearly enough... it's just that I made a huge downpayment because I didn't qualify for a mortgage under ordinary circumstances that expenses are somewhat reasonable.

Then I pointed out the guy with $1100 a month in interest should be thanking his lucky stars that's all he paid and that his total monthly mortgage is $1123... because some people in Toronto are paying over 5K a month for their family home.

C.

[chariot_badges]

Wow.  Yea.  , 

We got the same kind of people here.  They're about 50% (that's half  for you arithmetically challenged, public school-educated folks.)

We call them ... Progressives.

[chapeau-noir]

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@chariot_badges wrote:

Wow.  Yea.  , 

We got the same kind of people here.  They're about 50% (that's half  for you arithmetically challenged, public school-educated folks.)

We call them ... Progressives.

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Deep. Very deep.

[lsdc4556]

It can be frustrating when sales are slow, but keep listing to increase your chances of making more sales in the long run. Patience is key in the e-commerce business.

[gamersbaystore]

Restaurants are not full, far from it. In fact, the restaurant industry is falling apart at the seams due to inflation.

I know a lot about this industry because I've worked in it for over 3 decades.

I worked for 3 major restaurant chains over the past 2 years, and all were operating in the negative month after month, often to the tune of tens of thousands of dollars of losses for a single month.

I just applied to dozens of restaurants, all have stated they have no business right now and just don't need to hire anyone.

Burger King plans to close over 400 locations this year because business is so incredibly bad. They just bulldozed a McDonalds down the street from me last week, restaurants are failing left and right here in St Louis.

You have better odds of winning the powerball than finding a job in a restaurant right now.

[onlinecentral]

‎02-03-2023 Hoping For A Better Year
https://community.ebay.com/t5/Selling/Hoping-For-A-Better-Year/m-p/33532803#M2157226
2,622 Active listings
88 Sold in 90 days
30 Sold in 30 days
1.14% Sold in 30 days
87.7 Month supply

10-02-2023 Keep Listing, Keep Listing, Keep Stockpiling
2,912 Active listings. An increase of 11% more listings.
59 Sold in 90 days
20 Sold in 30 days
0.68% Sold in 30 days. A decrease of 40.3% percent sold.
147 Month supply
If you have multiple units for these listings, add many months to the estimated supply.

From your message 26: But where do I keep putting everything?

I am urging you to Stop acquiring more (collectable type) inventory.

In reply to message 52:
Some folks owe more on their mortgage than they can sell their house for.
Is Aquaman's house underwater?

[chubbycatcollectibles]

Houses were always intended to live in and not make huge profits.  You ask me and nobody is, but I will say it anyway, if we got rid of real estate agents, lenders and the government we would be doing a lot better.  Once people started using their homes as short term investments it destroyed the American Dream.