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I got this dazzling sweater, a brand I have never seen in a thrift store in all my years of shopping, but a name that I have known because I've seen it at a top of the range mall that I've been to. It was only $6 so I picked it up. Low and behold, after doing just one minute of study ( looking up your goods doesn't take much time - merely a stroke of some keys and wah-lah, instant appraisals galore ) I worked out how much to list it for and after a five day auction, I made $48 profit! So here is the profit and loss on just that one item :

Auction end price + shipping received =$64
Cost of item = $6
Ebay fee's = $2.98 (listing + final value fee's minus my "top-rated seller discount of 20%)
Paypal fee's = $2.17
TOTAL TIME SPENT ON THAT ITEM FROM TIME I PICKED IT UP UNTIL TIME IT WAS SHIPPED = APPROX 10 minutes

So i did ten mins of work, and I made $48 profit. So does that mean I'm worth about $250-$300 an hour?? Food for thought
Another example :

I purchased a coat of a certain fur, from a certain time ( curious? Buy the book ). I was buzzed to see that this was $8.98 and seventy five percent off on top of that, so I paid a gigantic $2.25 for it! Barely the price of the thread that holds the coat together! Yippee! Why was this fur coat so inexpensive, you ask? It required a TON, and I mean a TON, of work done - work that was'doable' though. Time is money though right? Maybe. Yes, it would most likely take a couple of hours to really get this sucker put back together, and my time is worth something. Instead of watching television, I turn that time that I might otherwise be spending making nil greenbacks, into time that I am investing in fixing an item that I'm able to sell later on! I am not taking time away from making money another way because I cannot leave my child alone, but what I am able to do is bring my needle and thread and the coat and sit on the settee as she plays with her toys and work on this coat. And that is exactly what i did.

Auction end price + shipping received =$188
Ebay fee's = $6.27 (listing + final value fee's minus my "top-rated seller discount of 20%)

TOTAL TIME SPENT ON THAT ITEM FROM TIME I PICKED IT UP UNTIL TIME IT WAS SHIPPED = APPROX 2 HOURS

In this last example, you can see that my time on that jacket was worth about $80 an hour. Still better than any job I could get out of the house!

This is the kind of cash that I am making on at least half of my auctions. These are items that I am really acquainted with, do not need any research on my part, I already have footage for, or don't require much effort on my part. If I spend five minutes on those kinds of auctions, I am still making $100-$200 an hour based on those'filler' auctions. Sound good?? I think so!

If you are interested in more on this subject please click on this: Best items to sell on ebay







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deandre41moreno
Latest page update: made by deandre41moreno , Jan 14 2010, 5:36 PM EST (about this update About This Update deandre41moreno Edited by deandre41moreno

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