I just realized I haven’t really given a monthly progress in sales since April this year. So here it is. eBay $1200 in sales ( this includes shipping paid) and $493 from poshmark (this is before the 20% fee). It wasn’t too shabby. I said a few posts though that eBay glitch is still making itself comfortable in my store.
I can’t provide solid proof but I feel eBay hides the small sellers stores more so than the big time ones. It is what it is. Judging from other instagrammers who went to eBay open, my inklings are easily agreed upon. It does put a “bad taste” in my mouth but I’m still selling. I can be bitchy about it but at end of month it is income coming in.
Maybe in the future I will find another platform but overall I’m still sticking with eBay for the time being. Poshmark is another platform I sell on. I’m happy it has been working out well for me. The “extra” sales really helps with all the unexpected bills.
Anyways this is a really short post. I’m off to do some tax related data. Btw I don’t really share my eBay/Poshmark stores. I don’t want people to really use me as a guide to learn about the selling platforms. There is other sellers out there who do share every little of their reseller life. Overall everyone’s experience is different due to personal financial needs, inventory, time, lifestyle, etc.
Today my husband and I paid $37 to size a watch. Yes I use to work for a jeweler. Yes I do know I overpaid to get it sized. Yes of course they tried to get me sign up for a credit card company. Yes I do feel like shit giving my money away. No I’m not hiding the name. It was Kay Jewelers the nationwide company jewelers that sells moderately priced pieces.
At that moment I thought “whatever” I could just buy a watch sizing kit and size his watch myself. Yet we were there already, and really just wanted this done. Of course it was our conversation for a bit. We obviously overspent. The service we receive was expected but the whole applying for a credit card REALLY REALLLLLYY turned us off. It truly felt like we were at a crooked car dealership.
You see they gave us an option to sign up for a credit card /account then they could waive the fee (watch sizing). I heard the spiel. I even felt sorry because I was that person behind the counter at one point in my life. Not for any jewelers I have worked for but for other nationwide clothing companies. I felt a mixed of someone trying to scam me then sympathy for this person because they were just doing their job. We obviously didn’t apply for a account with them. Overall the whole experience made me think how I want to run my reseller business.
When you sell online you lose that face to face contact with customers. There are both positives and negatives to that which I may blog about some day in the future. This whole experience made me wonder how can I improve my business. My obvious thoughts on Kay Jewelers is now them just trying to sign up for a credit card and made me wonder how can I give a better “connection” with the customer.
Perhaps I should use automatic messaging after purchases have been made, or add a card to all my packages thanking them for their patronage. I’m not sure what else I want to do but I definitely don’t want them to feel like I did when I was there telling them “no thanks we are trying to get out of debt ourselves.”
Today one of my bigger sales had a canceled return. I’m so relief and happy. Hopefully it stays canceled. It was a Thom Browne engineer hoodie. I sold it for $175.00. The customer wanted to return it and open a return which was fine by me. He knew he had to pay for shipping back. Yet a couple of weeks passed by and no return. It was closed today by the buyer and it made me happy. Now February will end on a nice note.
I don’t know why they canceled. I’m assuming he wore it a couple of times and really started to like how it look on him. Perhaps he had it authenticated by a professional and they said it was real (of course it was).
Very quick post. Between eBay and Poshmark I had $2300 in sales. After fees and such, it was a good profit for January. January is considered slow but not too slow so this number makes me happy. I also had my first return on poshmark. It was so stupid and I realize how long the friggin reply from the buyer. Her reasoning reeked of desperation and obvious not her first run in returning things. At least poshmark paid for the return. So the item came back and was relisted with better pictures and description.
This post is very similar to Last Year’s “How I financially contributed to our family in 2016.”
In 2017 I contributed financially through numerous income streams. While these are not secrets, and pretty much everyone does it, I figured someone reading this would like to know how I contribute to my family financially. Keep in mind this works for our situation now.
- I work part-time as a merchandiser
I quit that job I think in May. While I do like having a job outside of my home, I wasn’t enjoying it as much as I use to. Plus it was better for my family as a whole to work on my eBay business. More family time makes me happy.
- I sell on eBay as a used clothing seller. My sales in 2017 amounted to 23,000. That’s amazing considering I didn’t fully work on it until the middle of 2017.
- I purge my home of unwanted goods by selling on eBay.
We do this routinely. We frequently donate to the Veterans of America who comes by bimonthly.
- I opened a poshmark account and started selling there too.
I haven’t really given much time to poshmark but this year it’s one of my goals to put time in to poshmark. I made a couple hundred dollars last year but that’s because I barely had anything on it. Let’s hope this year I do better.
- I sent dead inventory to thredup. Last year I think I sent a total of 8 bags full of bad inventory. I got $200 in December which came in handy during our vacation. I will be doing the same this year and hopefully I won’t be buying the same crap again.
This year I hope to sell more since I don’t think I will try to find a part time job again. Having a job isn’t bad but it’s more beneficial mentally, and economically for me to keep “working” at home.
Last month I sold $2601.00. Which isn’t bad at all. I’m really happy. Selling on eBay isn’t all fun. It may seem like it is but I do have days where I just want to give up. I have days where I doubt myself. That also includes asshole customers that return things item not as described when they clearly wore the item. I also have customers who don’t pay, and customers who want a partial discount claiming a minor flaw… blah blah blah blah. Still I’m able to do this on my own time. Please don’t use my experience/example if you should do it by yourself. I have to also point out my husband works too and we do have health insurance through him.
I also have been driving my car without the AC on. Living in the desert requires…REQUIRES AC in your car. Unfortunately we already have been spending on my car,on other things, and other household expenses have priority. It’s not too bad. I’m just lucky we live close to almost everything and the weather has become considerably better ( mostly 80s this week).
I don’t update my side bar enough. It’s because I’m ashamed to admit that I haven’t been paying down my student loan debt as fast. So I updated it today and there is $14,870 left.
I feel like I have to look at our finances again. You know, combing through every credit card statements, loan statements, bills etc. Even though we generally have an idea how much we are saving and spending, every now and then it’s good to do this. Especially since we have a new monthly bill for our used car now. We are not spend thrifts by any means but doing this keeps us in track. Perhaps I’ll put up our numbers come September.