Ebay sellers thread (other platforms too)

[LivingAlmostLarge]

My ebay year is off to a good start. I made one of my 10 best sales ever today. A set of 5 books that I bought on 11/18/23 for $5.00 sold today for $350.00!

what book set is that?

[disneysteve]

My ebay year is off to a good start. I made one of my 10 best sales ever today. A set of 5 books that I bought on 11/18/23 for $5.00 sold today for $350.00!

[disneysteve]

December 2023 and year-end wrap up

December Totals

Ebay:
$1,175.90 gross
$796.79 net
51 sales

Marketplace:
$150.00 gross
$140.00 net
3 sales

Total:
$1,325.90 gross
$936.79 net

That made it my third highest grossing month of 2023 and my third highest monthly net.

2023 Totals

$13,325.29 gross
$9,455.82 net

$1,608.44 Cost of goods sold for the year

My average monthly profit was $787.99 with my lowest month being $610 and my best month being $1,033.

For 2024, my goal is a monthly profit of at least $600 and to get my average daily sales up to 2 items. My 90-day running total right now is 142 so about 1.58 items/day.

[disneysteve]

I won 2 auctions on eBay getting Mexican pesos coins. Both were automatic bids where the $88 bid I had set at my max bid to $95 which I didn't think I would win since it was valued at $107. So I placed another winning bid at $165 which my max bid was $175 which I also didn't think I'd win because that lot of 3000 Mexican pesos is worth $176 but I won that bid as well. Long story short I had to buy both winning lots which is 4825 Mexican pesos worth $284.31 USD. Oniy wanted 1 lot and preferably the big lot but once committed have to follow through (would I have been able to retract a bid when it was early in the bidding process and long before the bidding had ended, not at the last minute?).

You should never bid on an auction if you aren't fully committed to buying it. A bid is a binding agreement. You did the right thing and paid for both items as you should but if you really didn't want one of the lots, you should have bid on one, waited for it to end, and if you didn't get it, then bid on the other if there was still time to do so.

You can only retract a bid if the seller significantly changes the description after you bid or if you accidentally bid the wrong amount (entered $200 instead of $20) and then you need to immediately enter your correct bid. The only other option is reaching out to the seller to request they cancel your bid.

[QuarterMillionMan]

I won 2 auctions on eBay getting Mexican pesos coins. Both were automatic bids where the $88 bid I had set at my max bid to $95 which I didn't think I would win since it was valued at $107. So I placed another winning bid at $165 which my max bid was $175 which I also didn't think I'd win because that lot of 3000 Mexican pesos is worth $176 but I won that bid as well. Long story short I had to buy both winning lots which is 4825 Mexican pesos worth $284.31 USD. Oniy wanted 1 lot and preferably the big lot but once committed have to follow through (would I have been able to retract a bid when it was early in the bidding process and long before the bidding had ended, not at the last minute?). In Mexico often they don't give change so it's good to have exact amounts. These coins will easily fill up a coffee can.