2018 : $27,500 In Sales

Hi all. I finally finished my quarterly taxes for 2018. I was quite shocked with the sales I made considering I haven’t been working on reselling as much as I wanted to. My husband works so much more now since his promotion, so my reselling life has always been prioritized less. My son of course is #1, My home and family time is #2, and Reselling is always last.

I do feel a little burned out but I think it’s from not managing my time well. I am glad I sold more compared to 2017. It shows I made more profit, and the inventory I sold definitely has a higher average sale price ( ASP ). I’ve honestly just been sourcing better.

Even though I have been reselling part time for years now, I still feel like I could curate my inventory better. I still don’t know who I’m catering to. I pretty much stick to 25-55 year old women.

Poshmark has been good to me 2018. I’m just surprised how much it has added to my sales. I roughly sold 7,000 there so I’m happy. Ebay has been good in terms of sales since it is still the platform I sell the most on. Though Poshmark had a few months last year it beat out eBay, and I can’t believe that even happen considering I still have more inventory on eBay. Right now both platforms have almost the same amount of inventory. Ebay just has more in terms of auctions because I do get 500 free auction listings a month ( it’s part of my subscription).

So for 2019 I will be sharing just numbers with you. Nothing special, no hauls, just numbers. I hope 2019 will be better for all of you. Btw I won’t be sharing my stores names. I know a lot of people hate that, but I’ve seen how the internet is with resellers, and I don’t want to be stressed out with my algorithms. Perhaps I’ll explain it more in the future in my next post.

Advertisements

Tagged: , , , , , , , , , , ,

3 thoughts on “2018 : $27,500 In Sales

  1. Sandi January 29, 2019 at 1:11 am Reply

    That’s soo amazing. I only made $3000 from reselling in 2018 and I feel like I worked my butt off for that. I need to source better. Any tips? Where do you source? I live in a small town in Nor Cal so we don’t have Goodwill outlet or I’d be there a lot

    • mythrifthaunt February 2, 2019 at 1:32 am Reply

      You will get better as you keep working on it. I live in an area where there is tons of thrifts stores so that’s where I get most of my inventory. Other times I do retail arbitrage but that is very rare. If I didn’t have as many thrift stores I would try garage sales, estate sales, etc. You can try selling other things. When I first started I sold clothing, small collectibles, some used toys. I just stuck to clothing because it’s just easier overall for me. There are many days when everything seemed so expensive, but I stuck to a budget.

      • Sandi February 3, 2019 at 7:07 pm

        I have I’m a long time ebay seller. My area estate sales are few and far between and if I do find one, it turns out expensive and not worth it. I’m always looking for at least a 50% return minimum. I do go to a lot of yard sales and thrift stores. One thrift store in my area has .10 day, which I do go to but a lot more people are finding out about this so it can get pretty crazy sometimes. I go to a lot of rummage sales. In my area those tend to be the most cost effective. I’m also dealing with kids and have a chronic health condition and called Fibromyalgia that definitely has effected my progress. Thank you for your advice.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: