ebay Sales Dropped, How Am I Using This Down Time

[gac-stop]

This crazy Covid1-19 virus impacted almost all businesses. Sales are down the hill. Hopefully, sales will soar up once people get money from second stimulus check.

I am using this downtime to clean up and re-organize my storage. So far my new set up looks great. Going to buy bin separator very soon. How are you using this down time in favor of your business? Lets share how we all store inventory and learn from each other.

[aldente28]

Did your business increase after the first round of economic relief checks?

I tend to think the second round will indeed increase economic activity, but less than the first round. It's going to be less money, and the prospect of things like eviction and an uncertain economic future will weigh on more people than before.

In other words, **bleep** just got real.

[gac-stop]

Yes, It got quite better.

[chapeau-noir]

Mostly shoveling out the house. 😣

[aldente28]

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@gac-stop wrote:

Yes, It got quite better.

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Same here. It's slowed a bit this last month, but I am still too busy to do anything other than ship orders.

I wish I had time to relax or do constructive things like clean or arrange my inventory. I caught up on my sleep last night for the first time since we locked down in March. My county was among the first in the nation to close and I have been working nonstop since, sometimes 24 hours straight...sleep 4 hours...then get up and do it again...for months on end...by myself, because we are locked down.

I don't expect a big bump from the next round of relief. We are in deep trouble and people know it. I will be surprised if people use the occasion to spend more than just a little.

[inhawaii]

I commend you.  I wish my stock sheves were HALF that clean and organized.

Keep up the good work!

[bkb1942]

I wish you could see my mess. You would call that tv show “Hoarders”.

[gac-stop]

Post picture, lets see, lol.

[gac-stop]

Thank you.

[gamersbaystore]

Here's what I'm doing with my downtime. Been playing a lot of racing games, this midnight club game is best I ever played. Not much else to do other than list stuff for sale, kind of burnt out on doing that though.

[sin-n-dex]

I'm organizing stamps and making listings. Sales are just the same, neither up nor down, but with all the effort I've put into stamps, the stamp sales have soared.

My inventory is at the B&M store on a dedicated shelf, but I keep the stamps at home because they're mine, they don't belong to the B&M store. I use those magazine stand up plastic boxes to put my stamp pages in. They are packed in ziplock bags with cardboard. (And I had to pay $92 for 1000 bags that are big enough, the B&M store gave me all of theirs but it wasn't enough).

I'm going to be waiting on stamp supplies again soon to be able to move forward, so I think next weekend I'm going to work on repackaging a pin collection from Ontario. (Not sure how it will be stored though, I haven't thought that far ahead. The rest of my shelves in my closet have military inventory - just so I can keep it well organized for when something sells).

C.

[sin-n-dex]

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@aldente28 wrote:

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@gac-stop wrote:

Yes, It got quite better.

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Same here. It's slowed a bit this last month, but I am still too busy to do anything other than ship orders.

I wish I had time to relax or do constructive things like clean or arrange my inventory. I caught up on my sleep last night for the first time since we locked down in March. My county was among the first in the nation to close and I have been working nonstop since, sometimes 24 hours straight...sleep 4 hours...then get up and do it again...for months on end...by myself, because we are locked down.

I don't expect a big bump from the next round of relief. We are in deep trouble and people know it. I will be surprised if people use the occasion to spend more than just a little.

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My background is in financial sector and I've been speculating what will happen to the economy come September.

In Canada the CERB (our general welfare relief) will be over and people will have to find ways to pay their bills. The CERB was supposed to end come July, but our Prime Minister extended it by two months because we were still very much locked down. This is going to be a huge tax bill that we won't be able to pay for 50 years.

I still have to work full time (I work in insurance) and put in very long days for 5 days a week, so I can't take advantage of any "free time" during the lock down to create listings and try to sell inventory. (My stuff sells to people who are bored). I don't have to leave my house but someone has to pay the long term care bills that accident victims have when they've been in a very bad accident causing injury.

C.

[sin-n-dex]

My Stamp Inventory

[aldente28]

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@sin-n-dex wrote:

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In Canada the CERB (our general welfare relief) will be over and people will have to find ways to pay their bills. The CERB was supposed to end come July, but our Prime Minister extended it by two months because we were still very much locked down. This is going to be a huge tax bill that we won't be able to pay for 50 years.

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In the US, half of our government wants to give freebies to business to save the economy while doing as little as possible for people. This includes forcing people - including children - to risk their health and their lives to make it happen.

Of course, this requires that they give actual people as little as possible, so they took the week off and left Washington after passing nothing, leaving the current benefits to expire at the end of the month.

I do not expect that this will end well. People will get something, however less than they need. Many of them will not sacrifice their health or their lives for the economy, nor will they sacrifice the health or lives of their children. Covid cases are climbing into the stratosphere, our Congress is doing not enough, economic relief is running out, and we have tens of millions unemployed.

And, the perception of a thriving economy is being propped up artificially by a Federal Reserve pumping trillions of dollars of liquidity into the stock market.

What could possibly go wrong?

Whatever happens, it won't be good. Canada is looking like Nirvana to me at this moment. I am hoping sales continue strong into September, but I am not counting on it. We are heading straight into an eviction/unemployment crisis. I'm bracing for impact. What happens 50 years from now when the bill comes due? That's the least of our problems I'm afraid

[dhbookds]

GREAT use of time.........looks wonderful...........I wish........lol......  We are trying to keep up listings......broke down and made a few g sales last wkend and this.......so lots to list, in addition to the cornucopia of what we already had.  May have to set aside a day to put up listed stuff.......in boxes, but not the right ones.

On the upside, picked the first almost ripe tomato today.......can't wait for that one to ripen.......