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Items That Flew Out the Door: January 2013

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I started to notice toward the end of 2013 that a pretty good amount of items that I listed in my store sold right away.

I decided in 2013 to make a list of the items that sold within the same month that I listed them.

23 items that I listed in January sold the same month.

Here they are for you in no particular order:

Chicos Spa Sweatshirt
Miche Closet Organizer (2x)
CAbi Top
North Face Winter Gloves
Mini Boden Kids Top
Boden Women’s Top
Juicy Couture Shirt
Blues Clues Plush
Purple Floral Converse
American Girl Pet Set (x3)
3.5″ Floppy Disks
Anac Design Top
Nollie T-shirt
Boden Top
Lululemon Tank
CLEP Book
Gap Khakis
Sprite T-Shirt
Kohl’s Cares Rabbit
Plush Barney

I’ll be tracking this each month in 2013 so that I can see how much of my investment each month earns me a profit within the same month.

Rachel

Not Every Inventory Investment Pays Off

As a seller, one of the things I love more than anything is making a nice profit on my items.

That’s the name of the game. Buy low, sell high.  Right?  Of course, the faster, the better!

While my goal is to make a living and to make the highest amount of profit I can off of each item I sell, sometimes I fall short of the goal. I would say that I am able to make a high profit most of the time but high profit margins aren’t always the case.

There are times that I make a bad investment, and it comes back to haunt me.

An item that I’m SURE will be a good seller ends up sitting on my shelf for months on end.  There’s even the really bad investment where not only does an item sit around too long, but I end up either breaking even or worse.

Yes, I admit that there are times that I lose money on an investment.  I try not to make a habit of it, but I’ll be honest.  It has happened to me a few times.

Here are some things that weren’t a good investment for me:

*DVD’s from the Dollar Tree. Even though I thought they were good movies, they sat there and I could hardly give them away.

* American Girl slippers for girls.  I thought these were super cute, but it took me three years to get rid of them and I ended up losing money on them.

* Sports stadium banks from Avon.  I purchased several of these at a great price on clearance from AVON, but they sat in my store a long time plus I didn’t make very much profit off of them.

* Antiques.  I started off on eBay listing antiques and while antiques are a good niche for some people, apparently they aren’t for me.

I’m sure there were others in the past 7+ years.  Sometimes a bad investment can be a good thing as a seller.  No one wants to lose money on an investment, but bad investments help us learn what our buyers want and don’t want.  Bad investments help us think twice before spending money on anything and everything.

Don’t be upset with yourself if you’ve made a bad investment recently or in the past. Analyze it and use it as a learning tool to improve what you invest in in the future.

Rachel

Online Selling Tip of the Week

Even though it takes  time away from listing, marketing is a great use of your time. It only takes a few minutes here and there.

Pinterest is a great way to market your eBay, Amazon, and Etsy items.

If you’re already on Pinterest, it’s easy to create a board for eBay, Amazon, or Etsy (or all of the above if you sell on all of them.)

If you’re not already on Pinterest, give it a try :)

Building up your audience (followers) is important, and I like to “pin” a few of my items at various times during the day since people are looking at it all day long.

I also like to pin other things besides my items that are for sale.  I feel that it’s fine to pin a few items for sale here and there, but if all that you pin is your items for sale, you may lose followers.  I try to pin things I like and things that I think my followers will like.  You can pin quotes, DIY ideas, recipes and more.

Follow us pretty please!


Rachel

Making Your Afternoons Easier

December 12, 2012 by The Selling Sisters  
Filed under How To..., Working At Home

Everyone’s schedules are different and each day brings new challenges.  On days that I’m working all day, I like to find ways to make my afternoon easier so that I can get more listings done with fewer interruptions.

One thing that helps me be able to do this is to put dinner in the crock pot when I’m finishing up lunch and before I get settled in to work on my listings.

It takes me about 15  minutes to chop everything up and get it all going and I get to work an extra hour in the afternoon instead of stopping to make dinner.  All I have to do is stop when it’s dinner time and serve everyone up :)

One of my favorites to make in the crock pot is Chicken or Turkey Pot Pie.  It’s super easy, yummy and a great way to use up leftover chicken, turkey and veggies.

You’ll need:

1 large can of Cream of Chicken soup

Milk

Baked chicken or turkey chopped

3 medium sized potatoes chopped

2 stalks of celery

1/3 onion, finely chopped

Salt & Pepper

Misc Veggies (either fresh or frozen)  I like to use broccoli, chopped carrots, corn, peas, green beans, peas and cauliflower.  Sometimes I don’t have them all available so I use what’s on hand.  I look in the fridge first to find veggies left over from the week and put those in before I use fresh or frozen.

Empty the Cream of Chicken soup into your crock pot.  Pour milk into the empty can until it’s about 1/2 full and then pour the milk into the crock pot.  Chop up your potatoes, celery, onions, chicken or turkey, and carrots as chunky or as fine as you’d like them and add them to the crock pot.  Add salt and pepper to taste.  Add in any and all of your favorite combinations of vegetables and let your crock pot do the work while you’re busy cleaning, listing, shipping, shopping or taking a nap ;)

I also like to bake crescent rolls or fluffy biscuits bought from the store, and serve up a bowl of the pot pie with a couple of biscuits or rolls on top.

I don’t do crock pot meals every day for dinner, but it’s nice to have them a few times a month and take a little break from cooking on the stove.

Rachel

Online Selling Tip of the Week

Certain times of the year it seems like there are a lot more items to ship out.  It’s important to be as efficient and accurate as possible when packing and shipping your packages, especially during those busy times of the year.  You don’t want to end up mixing up packages and sending them to the wrong buyer.

Recently, I went through a time period of a few weeks where I was shipping, shipping, shipping.

One thing that I found that helped me was to have the item ready to go, weigh and make the label.  While it was printing, I’d take a highlighter and write the abbreviation of the State that it was headed to on the package so I could easily work on packaging up the next item and not worry about getting items confused.  A couple of times, there were two packages in a row headed to the same state.  In those cases, I put the State abbreviation and the zip code on the package.

It made my shipping so much speedier, and my life a whole lot smoother by doing it this way.

Rachel

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