Sunday, July 27, 2014

Ebay Auctions: Maybe Things Are Looking Up



If every weekend on Ebay would go this well, I would be one happy girl. I sold more this weekend, then I did the entire month of June. Unfortunately, price wise, I did not do so well. I sent over 300 items to auction, which ended this weekend. Of those, I sold around 31. 10% sell through rate, I'm not sure if that is good or bad?

Since I did auctions, I priced them low to move them out. The average selling price was around $4 an item. Not much profit but most of the items were going to be donated or sent to consignment. It took me less than 2 hours to pack and label everything so if I think about it, I made around $50 an hour.

I did make some mistakes by sending a few things to auction that I should not have. One is this Tyco Kitty Kitty. It sold for one bid of $19.99 It can easily sell BIN for twice that amount.



The second was a stencil kit by Tupperware. It sold with 2 bids at $20.50 Again this can go for twice, maybe even 3 times that amount.



The last mistake was this Lalaloopsy doll. I'm really not sure what I could have got BIN because prices are all over the place. I meant to start the opening bid at $9.99 but somehow put $4.99 and $9.99 BIN. Some bought it at the BIN price. I'm happy with the $9.99 because she was in the bag to go to consignment and I would not have made that much there.



I did have one auction that surprised me. I bought a bag of trivets and this little mini decoration frying pan was inside. I listed it for $9.99, the same price as the other trivets. This one sold and the others did not. What makes this sale more awesome, is it is being sent to a True Value store in my state.




Ebay is doing another auction special until the 29th. This time they have included fixed price but in only select categories.

3 comments:

  1. Glad to hear your sales are picking up. I have two of those Lalaloopsy dolls that I can't seem to move. I don't know if they aren't as popular as they used to be or if maybe there are so many available that they just take a while to move, or what. I'm hoping if they aren't sold before, that they'll move during the Christmas season.

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    1. I've had better luck selling the mini Lalaloopsy dolls than the full-size ones. I picked up one full-size Lalaloopsy that had an incomplete outfit so I listed the clothes and doll separately. The clothes sold, doll still hasn't.

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  2. So glad to see you had a bunch of sales. I hope that's a good sign for everyone. :-)

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