How I Decide Where to List Inventory

Here’s a question that comes up frequently when I’m talking to online sellers about selling on multiple venues:

How do you decide which site is best to list certain items?

This is a great question, and it’s part of the reason why I sold exclusively on eBay for several years.  I just didn’t have the time to learn how other sites worked and what their customers were looking for.

Last year I dove into selling on Amazon.  When I started, I went through all of my eBay items that were already listed and listed what was in the Amazon catalog on Amazon.  Pretty much, that’s still what I do.  I don’t go out of my way to find specific items for Amazon or eBay, I look for items to sell online and list the same item on both sites if I’m able to list it on Amazon.

Some items go quickly on eBay, other items go quick on Amazon and sit around on eBay.

Using this method of having items listed on both sites means that I have to stay on top of my inventory.  As soon as it sells on Amazon, I have to take it off of eBay if it’s the only one I have, or update the quantity on eBay if I have multiples of the item.

It also means that as items sell on eBay, I have to go through my Amazon inventory and make sure it’s not still available there. (I do that about once a week since my Amazon inventory is a lot smaller than my eBay inventory.)

Using this method has been an inexpensive way for me to learn more about Amazon and what types of items sell best there.  I’m not spending any extra money for inventory, it’s all items that I would spend money on for eBay anyway.

One item that I’ve done well with on Amazon is Starbucks Bearista Bears.  I pick these bears up and list them on eBay and Amazon.  They’re not a super fast seller, they tend to sell in spurts on both eBay and Amazon, but they are a good “fill in the blanks” sale. (Meaning, they’re not a fast turn around and they’re not consistent, but they’re a good surprise sale once in awhile.)

Another item that has been selling well for me on Amazon is Wilton cake pans.  I’ve experimented with Wilton cake pans on eBay and some have sold, others have sat there and ended up in my rummage sale.  Recently, I found four Wilton cake pans, new with their inserts at a garage sale for $1 each.  I decided to try listing Wilton pans again.  For some reason when I started listing them, I thought to myself: “I wonder if I can list these on Amazon?”

I checked and sure enough, I could sell them.  I list all of my Wilton cake pans on both eBay and Amazon at $29.99+ shipping.  So far, this summer, I’ve sold 4 out of the 7 cake pans I’ve listed on Amazon, and none of them have sold on eBay.

So I’m taking the same approach that I took to learn eBay to learn Amazon.  Experiment and learn a little bit more each day.

Never stop learning.

Rachel

This Week on eBay

August 15, 2013 by The Selling Sisters  
Filed under Working At Home

This week on eBay has been interesting as always.

I’ve sold items internationally for the 10 years that I’ve been selling on eBay, but recently it seems like I’m getting more and more international sales.  I’m not exactly sure what the increase is due to, but I take any sale that comes my way.

For some reason, I went a few days this week without any sales.  No sales, no offers, no questions.  That’s something that hasn’t happened to me in almost 8 years of selling online.  It can be discouraging, but I try to keep myself focused.  I try to use slower times as an opportunity for uninterrupted listing, revising and marketing.

My Amazon sales are increasing, so that’s always encouraging.  I haven’t made it “big” on Amazon yet, but I keep experimenting and learning more about what sells best there.

I’m busy getting my store stocked up for Christmas.  I’m keeping my eyes open for toys and gift items and trying to snatch them up and get them listed right away.

I hope your week has been great!

Rachel

Online Selling Tip of the Week

My selling tip for you this week doesn’t get any more basic than this:

~List the items you’ve purchased before buying more inventory ~

In my early years of selling online, I was famous for having boxes and bins of unlisted inventory and leaving it sit there while I went shopping for more.  Not anymore.  If it’s not listed, it can’t sell, which means I have money invested in my inventory and it’s just sitting there with no chance for it to make me a profit.

Now I’m pretty strict with myself about listing what I have before buying more because so many times when I would list items that had been sitting around for months, the items would sell within days of listing them and I would be kicking myself……..why didn’t I list that sooner?

No more kicking myself.  When I buy it, I try to have it listed within 48 hours, and if I’m not able to list within 48 hours, I list it before I go out to buy more.  So give it a try, I think you’ll like the results.

Rachel

Homemade Ketchup Recipe

August 12, 2013 by The Selling Sisters  
Filed under Recipes, Working At Home

I’m getting more and more into making “everyday” items at home.  There are no chemicals in it when you make it at home, it’s less expensive,  tastes so much better, and honestly I think it’s fun to make everyday items at home, I love the science of it, and it’s a great way to teach your kids science too.

I made a double recipe of the ketchup and it cost me about $1.50.

Ingredients:

6 oz can tomato paste
1/4 cup honey (or agave)
1/3 cup white vinegar
1/4 cup water
3/4 tsp salt
1/3 tsp onion powder
1/4 tsp garlic powder

Directions:

Combine all the ingredients in a medium saucepan over medium heat; whisk until smooth.

When it comes to a boil, reduce heat to low and simmer for 20 minutes, stirring often.

Remove from heat and cover until cool. Chill and store refrigerated in a covered container.

Rachel

Some Days, I Just Don’t Feel Like Working

August 6, 2013 by The Selling Sisters  
Filed under Working At Home

For the most part,  I love my job.  I love being self employed and I love selling online.  It’s a super easy job with lots of profit potential.

I love finding awesome things, and love the flexibility of what I do.  I can do my job anywhere in the Nation. I can work at home or at a friend or family member’s house.  I can work as little or as much as I want to, but I’ll admit it:  There are days when I just don’t want to work, or I just don’t feel like working.

That’s one of the most fabulous things about being self employed.  I can set my own schedule.  I can spend time with my family during the day, I can relax by the pool, cook, bake, go to the lake, go shopping or whatever my heart desires and I can work a couple of hours after my little on is in bed.  Or I can choose not to work at all that day.

Don’t worry if you have days when you’re not motivated or don’t feel like working…….you’re not alone.  It’s alright to take a break.  Don’t beat yourself up for it.  You work hard, you deserve a break once in awhile.

Rachel

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