Revisiting My July Goals: Hello September!!

I set a lofty goal of $3000.00 gross for my eBay sales in July of this year. Did I reach that goal? Ahhh.....no but it sure was close!! My gross sales were $2225.00 or 74% of the $3000.00 goal.

Last month my gross sales were $1086.00 or 36% of the $3000.00 goal.I had a 49% increase over last month.

I also set a goal to get my listings up to 1000 by the end of the year. At the beginning of July, they were hovering at 500. As of last night, they were just over 650. I have been listing at least 5 items daily. I truly believe this has helped my sales. Listing, listing,listing, even if it is a few items a day has definitely helped me to reach my goals.

 

Here are a few of my sales from last week:

I don't usually look for concert t-shirts. Last week was the exception. I found two Pantera shirts. At first, I had no clue if this was even a band. But I checked completeds on eBay and determined that the shirts were worth the $1.49 investment.

 

This shirt sold within a day for $49.99. Free ship

 

Again, I usually don't buy random dinner plates. But I found the name John Zak on the back and I recalled he designs dinnerware for Disney.

These plates were $0.50 each. And they dingy looking,covered with utensil marks. Bar keeper's friend works wonders on cleaning the utensil marks.

A set of two sold for $34.99 shipping paid by customer

 

 

 

 

 

 

Last week was a pretty good week on eBay!

Here is how last week went:

Active listings: 647

Cost of items sold: $29.00

Number of sales: 15

Total sales: $574.00

Amount spent on new inventory: $45.00

Average selling price: $38.00

International sales: 2

Returns: 0

Feedback: all positive this week
Hope your week was awesome!!

 

 

 

 

Revisiting July's Goals and Hello August!

I set a lofty goal of $3000.00 gross for my eBay sales last month. Did I reach that goal? Ahhh.....no. My gross sales were $1086.00 or 36% of the $3000.00 goal.

I also set a goal to get my listings up to 1000 by the end of the year. At the beginning of July, they were hovering at 500. As of last night, they were just over 600.

I am still working on tweaking my categories and sub- catagories. Here is a link to my mug category and it sub-categories. I think I need to add another sub-category titled " made in Japan". I have a lot of vintage mugs that are made in Japan.

I also wanted to raise my average selling price to the $35.00 - $40.00. Of course I would love to sell a bunch of items in that price range, but truthfully many of my items are not priced that high. I source many low cost items ( mostly mugs) and try to flip them quickly.

Packing and shipping mugs via the FOMO method is quick and easy work. So I will be happy to sell a bunch of mugs and boost sales that way. To do that I will keep the price the same unless I need to add a but to compensate for free shipping. And I will run frequent markdowns in that category to stimulate sales. Whatever works!

For August the goals will stay pretty much the same. Strive to reach $3000.00 in gross sales, increase my listings to eventually reach 1000. (hopefully by the end of the year)

Raise average selling price? Well, at this point a sale is a sale. :-)

July Goals: Aiming High! Hello Third Quarter

Everyday I get up and have good intentions of growing my eBay business. Then I get distracted. And it does not take much to distract me. Usually it is Facebook. It is so easy for me to waste a couple hours a day on Facebook. Meh.

Let's change that Lisa. Set your goals and put them where you have to look at them everyday. The refrigerator will be a good place. I am in that thing several times a day.

 

1. Increase listings to 1000. Currently I am at about 485. I probably have more than enough stuff to list to accomplish this goal, but I will give myself two months to get this completed.

I finally hit 500 listings tonight!!! Woo Hoo!!'

2. Raise my average selling price to $35.00- $40.00. They may not be the easiest thing for me to do, I have a lot of items that are priced at 19.99 to 29.99. There are also a dew higher priced items to balance things out. More planning required

 

3. Gross $3000.00 for July. Did you stop laughing yet?? Aim high or not at all!! Today's sales: $1.49. I have a ways to go!!

Yes, this is my 1.49 sale. I started with 125 of these Care Bears. They were 0.10 a piece. I initially tried to sell them in lots of ten. No sales. So then I started selling them for 0.99 each. Sold one.

Then I changed the quantity from 125 to 10. That is when I stated getting watchers. Right now there are 7! Crazy, right? Then I raised the price to $1.49. I sell a few of these a month. Go figure.

 

 

4. Tweak and improve my store categories. For the most part they are very general and do not have sub-categories. The first category I worked on was women's wear. At first it was just women' clothing.
I have added the following sub-categories:

Dresses skirts
Blouses shirts
Purses
Shoes
Pants
Lingerie
Scarves
Plus size

There is one more but I can't remember it. I am thinking about adding jewelry to the women's category. Right now, jewelry is a primary category.

Do you make use of your store categories and sub categories??

What are you July goals?