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What it takes to do $1,000,000 in sales ?

 
Message 1 of 36
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What it takes to do $1,000,000 in sales ?

People to buy $1,000,000 worth of stuff from you.

Message 2 of 36
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What it takes to do $1,000,000 in sales ?

Smiley SurprisedSmiley Very HappySmiley Wink

Message 3 of 36
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What it takes to do $1,000,000 in sales ?

Sell 4 items at $250,000 each or 250000 items at $4 each, or

Sell 100000 items at $10 each or 10 items at $100,000 each, or 

Sell 1 million items at $1 each or 1 item at $1,000,000

 

The possibilities are endless...

Message 4 of 36
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What it takes to do $1,000,000 in sales ?

A miracle these days

 

Message 5 of 36
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What it takes to do $1,000,000 in sales ?

At the rate I'm going, about 17-18 years.  

Message 6 of 36
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What it takes to do $1,000,000 in sales ?

😭😂🤣
Message 7 of 36
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What it takes to do $1,000,000 in sales ?

This listing has done almost a million in the past 24 hours......

 

113376765950

 

It's easy to gross a Million on eBay the tricky part is having any of that Million stick in YOUR pocket.

 

 

 

Paranoia strikes deep
Into your life it will creep
Message 8 of 36
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What it takes to do $1,000,000 in sales ?

No sleep, no food and 24 hours a day of listing high profit items.

Good Moms let you lick the Beaters.

Great Moms turn them off first.
Message 9 of 36
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What it takes to do $1,000,000 in sales ?

 

The good OP, I believe,

is confusing Sales with Profit.

 

It's EASY to do 1 million in sales.

 

Simply list 2 million dollars worth of 20 dollar bills here

at half their true value ... at 10 dollars each.

 

Boom

Lynn


Lynn

You love me for everything you hate me for


.
Message 10 of 36
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What it takes to do $1,000,000 in sales ?

Not that you'll be back to read this, but there are quite a few factors that need to be figured before this can be answered.

 

How often do you get your items?

What is your average cost of purchase?

What will they sell for?

What is your sell through rate?

How quickly can you get items listed?

How many returns do you expect?

How much does it cost to ship them?

And probably many more that I am forgetting.

Message 11 of 36
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What it takes to do $1,000,000 in sales ?

 

"...but there are quite a few factors that need to be figured .."

-----

 

Good post,

but first I think they should first understand:

(not in order, and not inclusive)

 

Gross Sales

Net Sales

Cost of Goods Sold

Contribution Margin

Gross Profit

Net Profit

etc.

 

Thanks,
Lynn

 

 


Lynn

You love me for everything you hate me for


.
Message 12 of 36
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What it takes to do $1,000,000 in sales ?

Easy.  Sell $2,000,000 worth of inventory.




Joe

Message 13 of 36
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What it takes to do $1,000,000 in sales ?


@slippinjimmy wrote:

This listing has done almost a million in the past 24 hours......

 

113376765950

 

It's easy to gross a Million on eBay the tricky part is having any of that Million stick in YOUR pocket.

 

 

 


I was just looking at that item.  Why do people buy those?  I don't see how you will ever get your money back let alone ahead on em.

 

And I see some are buying 10+ at a shot.

 

Message 14 of 36
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What it takes to do $1,000,000 in sales ?

There has been a seller featured in one of the posts on the boards awhile ago for inspiration who sells in the multi miilions. She is a lawyer who went into the sales of consigned high value designer women's items. I will mention her store here Linda's Treasures. She started out small and now has a huge business here. It can be done. I am certain it took a lot of hard work and patience and persistance and a lot of good business know how.

Message 15 of 36
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