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Old 08-28-2005, 10:06 AM
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jeffrey jeffrey is offline
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Default Re: Turning $20 Into $5000 - Jeffreys Challenge

<b>Previous Total</b>: $347.59

<b>Current Total</b>: $347.59

<b>Inventory</b>:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

<b>Time Spent Since Last Post</b>: 0 hours 23 minutes

<b>Time Spent Total</b>: 1 day 0 hour 09 minutes

I've been thinking a lot about how I could sell more of my items outside of ebay. I could start up a store, but that takes just as much time and work as listing the items on eBay and there are still fees to be paid. I could set up an area on the main site (which I had been planning to do) but loading the photos onto the server and all just takes a lot of time and effort. Then it came to me!

Why not set up a blog and use that as my selling platform. It's easy to load photos into the blogs now, there are no fees for doing so and no final price fees - 100% free and easy to do and manage.

The way I plan to use it is whenever I get new items in, I'll load up the photos as a preview. In the preview, I'll give the cup or other item a unique number and a "buy it now" price. Then if someone wants the cup, I can sell it quickly with no fees involved. If nobody wants it for the buy it now price, then I will list it on auction whenever I can.

Of course, I'll also place adsense ads so there is a chance to add a bit of money there too (what a concept...getting paid to list items for sale instead of the other way around!)

I think this will work perfect for previews of items I will be listing. I don't think it will be difficult to get people to go and see...I will just use a list of past winners and let them know I will be previewing my items from now on. I'm hoping this will help the turnover of the cups (since I'm not wrapping them) to generate a bigger income in less time.

You can take a look at the new preview blog at http://sakecups.blogspot.com/ - very basic set up and only a bunch of test posts at the moment, but I will work on it a bit tomorrow and hopefully have a few preview items up.
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