Welcome to this weeks newsletter and a special welcome to the 19 new subscribers who have joined since my last newsletter thanks to the power of www.listcrew.com
Today I want to focus on eBay as we move into the peak holiday period.
Yes, now is the time to de-clutter your home to make room for this years Christmas purchases and make a few extra dollars at the same time.
My two daughters (Rebecca is 11 and Ciara is 6) have been hard at work sorting their bedroom out this week and you wouldn’t believe how many toys and games they have discarded. They have already written this years lists for Santa so last years stuff is ready for the bin as far as they are concerned!
A close inspection of their stuff has turned up several items that are still in unused condition and some of these are in their original packaging.
I reckon eBay will be particularly busy this year with millions of financially strapped parents around the globe looking for the latest toys and kids gadgets at bargain prices so I’ll be spending the next few weeks listing as much of this stuff as possible.
My eBay Sales
I’ve re-started my vintage print sales on eBay in the last few weeks and you can check out my progress here;
I started listing on October 3rd and have since grossed $1,010
eBay and PayPal fees total around 13.5% which is $136.35
All of the vintage prints I am currently selling are taken from one particular book that contains 23 similar prints and cost me $250 ($10.87 per print)
$4 per print covers the mat/mount and packaging costs.
This leaves me with a net profit of $109 per print sold!
I noticed a competitor listing the same series of prints as myself this week (TIP: set up ‘saved searches’ for all of the most sought after items in your niche and receive an email from eBay whenever any of these items are listed – a great way to keep an eye on the competition and pick up inventory)
I thought I’d take this opportunity to run a little contest and at the same time demonstrate a few key ways to maximize your final values.
Check out my competitor’s auction HERE
Now have a look at my auction for the identical item HERE
Make a note of the differences between the 2 auctions that you think contributed to the difference in final values and email it to me at;
The reader who spots the most key differences will win a mystery prize!
I will announce the winner and summarize the key differences in next weeks newsletter.
Prints Make Profits
If this newsletter has opened your eyes to the profit potential of selling vintage prints on eBay I have written an easy to follow, step by step guide that shows you exactly how to identify your own hot print niches, where to source your inventory and how to list and present your prints to earn profits of 500%, 600% or even 1,000% and more!
Click the cover graphic for your exclusive subscriber discount!
’20 ways to make money’ contest winner! (see my post “we need your ‘make money online’ ideas“)
I am delighted to announce the “20 ways to make money now on the internet” contest winner is Deb Henry!
Deb’s money making idea is all about finding unknown niches on eBay and she has devised a system for identifying only those profitable eBay items which guarantee big profits.
I have been working with Deb for the last few weeks helping her put together her very first eBook all about her system and as part of her prize Jim Cockrum has agreed to promote the book to his subscribers and feature it in the bonus pool at his “My Silent Team” membership site.
In addition to this, Deb’s idea will be featured in “20 ways to make money now on the internet” (Click the book cover graphic for a HUGE 50% subscriber discount!)
Deb’s eBook “Fishing for Niches” is an absolute must read for all budding eBay entrepreneurs (AND experienced sellers) and will be launched within the next few weeks, I’ll make sure that you get to see it HERE first AND I’ll be twisting Deb’s arm for a very special subscriber discount!
So watch this space!
Till next week — happy eBaying!
I’m off to start photographing all of those unwanted toys!!
Oh! and don’t forget to take a look at those auctions and email me your thoughts, I’ll make sure the prize has real value for the lucky winner!
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Leslie Sprankling says
I've been away for a few days at a convention. Just read your post and decided to check out the two sales of the print. I was not sure if I should post my comments here or email them. So I decided to email them to you as a reply to your email.
I am enjoying your newsletter and look forward to more comps.
By the way, you suggest that if we don't have a record of eBay trading it would be good to root out some junk around our home to sell first before we get into selling prints for profits.
As I have just moved over 3,000 kilometres from Adelaide in South Australia to Cairns in Far North Queensland, and brought only what we could carry in our car, we have no junk around the house. Any alternative suggestions?
Thanks for your excellent entry to my eBay contest, Leslie
Here is a link to 'the eBay house' which has lots of ideas for things you can sell from around the home
Pierre Trudel says
I know nothing about e-bay. How can I start and what is the easiest way to begin?
I love your info and as a newbie I am trying to understand it all.
My advice to you is to visit your local eBay site (eBay.com or eBay.co.uk etc) and click the "sell" link (top right on the home page) here you can learn everything you need to know to begin selling the surplus 'junk' that you have at home.
When you have shifted all of your 'junk' you will have made some money, built up some valuable feedback but more importantly you will have gained all the experience and confidence you need to sell professionally.
You can then choose one of the many eBay business models to build a sustainable business.
This is one of my favourites; http://www.thesilentteam.com/pdprofits.pdf (FREE report)
igor Griffiths says
Great idea to compare the 2 sales, I have sent you a message with all of the things I found.
The key point and it is one that seems to be uppermost in the minds of the guys that are sending me messages at the moment, which is of expert positioning.
You must become the goto person in your niche and the ebay sale success reflects that positioning.
Thanks for your contest entry, Igor!
John McNally says
I hope you are going to write about eBay regularly Stuart. I have only just started selling on eBay so I'm find this really useful.
I had to smile at your compare and contrast competition. 🙂 It's a good idea, but the reason I smiled is that it reminded me of those puzzles where you have two pictures that look exactly the same and have to find the differences. 😆
When I first started Internet Marketing I found your 'Prints Make Profit' eBook quite early on. I think you must have been promoting it more heavily then. It's a great idea, and a different way to make money out of books. 8)
I do plan to write about eBay regularly, John
You are right, my contest is just like those 'spot the difference' pictures and it is amazing how very small details can have a big impact on your final value.
Thanks for the positive feedback about 'Prints Make Profits'