Nowthatsjustducky's Rags to Riches Challenge 2015

[nowthatsjustducky]

Ever since I responded to a post earlier tonight recommending a new seller go ahead and start with a dedicated selling account and  try to attract buyers with professional looking listings instead of trying to rely on feedback received as a buyer to boost credibility, I have been mulling over a challenge I suggested in said post.

That said, I am now announcing Nowthatsjustducky's Rags to Riches Challenge for 2015.

The objective is to see how participants manage to build up a new selling account from scratch.  Rules and procedures for this challenge?  Hmmm.  Let's see here.

1:  Create a brand spanking new selling account.
2:  Log into the forums here on the new account and post in this thread:  give its i.d., the types of items that you will be dealing with on that account, the selling formats you will use, and other little policies you may implement (shipping, international or not, etc)
3:  Use that account only for selling so that there will not be any buyer feedback on it.
4:  Keep a tight record of the account's gross and net earnings.
5:  Check in regularly on this thread to give updates for various milestones such as:  your first sale on the account, first feedback received, achieving TRS, and anything else one may feel relevant.
6:  Once per month, perhaps around the 1st or so, give a status update with your current feedback and your gross and net earnings on this account thus far.
7:  At the end of the year, a final update to compare how the account fared throughout 2015.

Sound like an interesting experiment?  If so, I look forward to seeing a bunch of new selling i.d.s posting here.  Now to go finish setting up my new selling account and picking out the stuff to be listed this month.

[copper.boom]

In another week I'll hit the 4 month mark. So far I've made 18 sales and received 9 FB.

[clever-crow]

Alright, I know this is technically a necro thread, but when I first created it, I intended it to be an ongoing thing anyway; so hopefully the mods don't lock it just because it is so old.

So anyway, I figured that since I was accidentally logged into this account on the forums, I may as well post a little update myself.

The Crow account has been a bit stop and go, but this past month, it has been mostly go, with a slow but steady stream of sales.

I have implemented a new personal policy on this account as well as my one other non store account (created as an overflow for the main micro payments account).

On accounts without a store, I am working on keeping them confined to items that if they were on a store account, would otherwise be at the 9.15% FvF rate.  The items that would be at the 7% or lower rates remain on the store accounts, because the fee difference is really significant.

That said, this account is not only surviving, but is starting to thrive as well.

Now let's see if this silly little project gains new life now that this thread has been brought back from the dead.

Back to you, Ducky!!! (aka get back to my regular i.d. for posting)  😄

[odditiesandantiquities1]

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@clever-crow wrote:

Alright, I know this is technically a necro thread, but when I first created it, I intended it to be an ongoing thing anyway; so hopefully the mods don't lock it just because it is so old.

So anyway, I figured that since I was accidentally logged into this account on the forums, I may as well post a little update myself.

The Crow account has been a bit stop and go, but this past month, it has been mostly go, with a slow but steady stream of sales.

I have implemented a new personal policy on this account as well as my one other non store account (created as an overflow for the main micro payments account).

On accounts without a store, I am working on keeping them confined to items that if they were on a store account, would otherwise be at the 9.15% FvF rate.  The items that would be at the 7% or lower rates remain on the store accounts, because the fee difference is really significant.

That said, this account is not only surviving, but is starting to thrive as well.

Now let's see if this silly little project gains new life now that this thread has been brought back from the dead.

Back to you, Ducky!!! (aka get back to my regular i.d. for posting)  😄

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Maybe you should use a new thread? Just thinking, with this year's date.

[kh-leslie]

Hello Everyone,

Due to the age of the thread, it has been closed to further replies.  Please feel free to start a new thread if you wish to continue to discuss this topic.

Thanks for understanding!