11-21-2018 04:25 PM
11-21-2018 04:28 PM
People to buy $1,000,000 worth of stuff from you.
11-21-2018 04:54 PM
11-21-2018 05:04 PM
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...
11-21-2018 05:09 PM
A miracle these days
11-21-2018 05:19 PM
At the rate I'm going, about 17-18 years.
11-21-2018 05:28 PM
11-21-2018 05:53 PM
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.
11-21-2018 05:54 PM
No sleep, no food and 24 hours a day of listing high profit items.
11-21-2018 06:32 PM
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
11-21-2018 06:56 PM
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.
11-21-2018 07:02 PM
"...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
11-21-2018 08:17 PM
Easy. Sell $2,000,000 worth of inventory.
11-21-2018 11:49 PM
@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.
11-22-2018 12:08 AM
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.