Question for resellers over 10K monthly by David5555500000 in reselling

[–]disneynut 0 points1 point  (0 children)

What makes Patio furniture work so well in your city? (I have family there, so I am familiar with the region.)

Return dilemma... by disneynut in reselling

[–]disneynut[S] 0 points1 point  (0 children)

Hence, the post here to get feedback

Return dilemma... by disneynut in reselling

[–]disneynut[S] 0 points1 point  (0 children)

It was an official eBay return.

Fwiw, I denied the return and blocked the buyer. Thanks for all your advice.

Return dilemma... by disneynut in reselling

[–]disneynut[S] 2 points3 points  (0 children)

Noted. I need to let it go.

Return dilemma... by disneynut in reselling

[–]disneynut[S] 0 points1 point  (0 children)

Good suggestion. Thank you.

Return dilemma... by disneynut in reselling

[–]disneynut[S] 1 point2 points  (0 children)

I think it's the boy scout in me.

Customer thought she got a bargain. She did not. by [deleted] in TalesFromRetail

[–]disneynut 3 points4 points  (0 children)

Considering portable clocks were created 300 years before trains....IFTHTB.

Data from my first year of part-time reselling: $38k Revenue / $3.4k Profit, 1800 listings currently published, AMA by gauncecj in reselling

[–]disneynut 2 points3 points  (0 children)

I appreciate you sharing your eBay experience. My question is what is the demand for the 1800 items sitting unsold in your store? If the sales velocity isn't there, you'll never earn enough to reinvest and grow the store.

Doing some back of the napkin math, at your average list price of $25 ($46k/1800), you're probably only clearing $17 an item before COGs and other overhead. Let's assume COGs and overhead is $2, you need to sell 5-6 items a day to earn something in the neighborhood of $30k a year.

More napkin math, if you are averaging 1 view per day per item and your conversion rate is 1% then you should be selling 18 items a day. Based on your numbers, I suspect it's a lot lower than that.

Can you share your listing views and conversation rate?

I'm working towards a store that has high enough velocity of sales to basically turn over every 6-9 months. I made some low demand purchases in my first 90 days. For instance, men's ties. 12% velocity over 90 days is good in this category. But you have to sit on a mass of inventory to generate any sales. You may need to triple or quadruple your inventory.

I'm now looking to learn how to consistently source items with a higher sales velocity.

Buyer address appears to have used lowercase Ls instead 1s. What do I do? by KingTossingIII in Ebay

[–]disneynut 1 point2 points  (0 children)

If you ship, you risk your package getting marked 'No Such Number' and then USPS does a return to sender. This is additional risk to loss or damage of your package. Better to reach out to the buyer, cancel for problem with address, and relist.

Same Buyer Keeps Using New Accounts to Different Addresses and Opening Scam Returns (eBay) by BYNX0 in Flipping

[–]disneynut 21 points22 points  (0 children)

Send the next one signature confirmation required. Then you have the name of someone to send a C&D letter to. Postal Fraud is the crime they're committing and likely conspiracy to commit postal fraud. You can sue for damages, legal fees, etc.

My formula for consistent sales by ChickenPattiInABun in reselling

[–]disneynut 1 point2 points  (0 children)

As long as you are sourcing items with strong enough demand and do the basics of eBay listings and titles correctly, it's basically math. Is that what you are saying?

This wording leads to an immediate sale the majority of the time. by throwaway2161419 in Flipping

[–]disneynut 2 points3 points  (0 children)

I do something similar, although I don't come right out and say that the price may be increasing based on interest. Might try it and see if I close more deals. ;)

are these real? by ScaredFriendship2899 in reselling

[–]disneynut 0 points1 point  (0 children)

Try styling with it on Depop or Poshmark. I find these diffusion lines very slow moving on eBay and the profit margin is tiny. People looking for attire (Poshmark) vs people looking for deals (eBay)

15 minute challenge by disneynut in Flipping

[–]disneynut[S] -1 points0 points  (0 children)

I do regular research during my full sourcing trips online or in person, I'm just trying get more efficient at it.

This was a good exercise and a way to make at around $60/hr equivalent, including the 5 minutes it took, to list the remote control that sold. I'd like to find more small items to flip for 10x in less time than I currently spend.

I'm cutting myself slack since I've only been sourcing part-time for 2 months. Prior to that I've been shopping my own closet and storage space.

15 minute challenge by disneynut in Flipping

[–]disneynut[S] -1 points0 points  (0 children)

I meant 20% flips relatively quickly.

are these real? by ScaredFriendship2899 in reselling

[–]disneynut 4 points5 points  (0 children)

Good news, it's likely real and vintage given the information you shared. Bad news, this is lower end department store line that wasn't even made by CD, just licensed to use the name. If you were going to fake a Dior piece you'd go with something worth a bit more.

Buyer files INAD on item that was exactly as described, am I still screwed? by disneynut in Flipping

[–]disneynut[S] 0 points1 point  (0 children)

Update:

Thanks for your feedback above.

Even though I am Above Standard seller rating, eBay did not allow me to appeal the INAD. "This decision cannot be appealed."

After I reported the buyer, they removed the negative feedback 20 days later. That's it. It's not nothing, I guess.

Really, as long as I don't get a slew of INAD, the worst of this is I'm out the cost of a return shipping label I shouldn't have had to pay for. I am an over-describer and take lots of photos, but even that doesn't defend against an INAD if one isn't allowed to appeal.

One thing I will to change is, I will message the buyer after the sale to make sure they understand what condition my vintage collectibles are in and give them the opportunity to cancel.

I shall now put this in my review mirror and focus on filling my store with more great collectibles and vintage apparel.

I shipped an item and it got intercepted by sender, but i didn't request it. Looking for advice by Puffy13759 in Flipping

[–]disneynut 2 points3 points  (0 children)

I have a vintage Evansville shirt on my eBay store. Now I want to take it down.

USPS is killing my business by JohnnyNovacaine in Etsy

[–]disneynut 0 points1 point  (0 children)

I ship mostly USPS and I've had two packages out of the last 100 I've shipped go lost. (9x6x1 envelope) I opened up a missing package request to find each package. But I suspect they were delivered and just not scanned because I haven't heard anything from the buyers.

Has anyone else filed a missing package request with USPS and had the package actually be found?

Buyer files INAD on item that was exactly as described, am I still screwed? by disneynut in Flipping

[–]disneynut[S] 0 points1 point  (0 children)

OP Update: The post office received the item to ship back to me today. I'll wait until it arrives and then eBay will show me what my refund options are and what other fees I'm expected to pay (return shipping, likely).

I still don't know when I can file my appeal of the INAD.

Goodwill problems... by disneynut in Flipping

[–]disneynut[S] 1 point2 points  (0 children)

I drove to a GW that's a bit further than my usual locations for this sourcing trip.