Tag Archives: business

What Sold on eBay: Q4

See Last Quarter Sales (Q3)


My numbers are up considerably compared to Q3. Starting December 20th, I was raised to “Top Rated” seller status, and I now have a nice badge on my profile.

My quantity sold for the last 90 days is up 56%, however, I did see a considerable drop in the click-through rate on my listings.

Another good news was that I got my first few sales in the new shop @LaFemme1st. I had started wondering whether operating a separate channel for women’s apparel was a good idea, but it seems to be working out now.

I also have a free account with Flipwise that I use to track my inventory for La Femme 1st. I get up to 24 listings per month without having to pay for the service. I highly recommend it for new eBay users.

I have eliminated two of the Excel spreadsheets I was using to catalog my goods and expenses.

I realized that some of the data I had entered was inaccurate and that I had included clothes that I had gotten for free, and then some items just didn’t get included at all.

After clearing those other files, I implemented a new system for cataloging my inventory and sales. I am able to just enter the number of items I purchased and the document calculates to total cost for me.

I can also include purchases from obscure stores or yard sales and it will keep track of these expenses. I learned how to do a lot of these types of Excel operations in my accounting lessons.


My best sales this quarter have been the Levi’s work shirts I picked up at the liquidation store last month. 13 shirts, all new with tags, mostly in XL or larger sizes, including Big & Tall shirts. A great find. The only issue was that two shirts had security tags attached. I need to find a magnet to remove them.

I also sold the snowboard coat I got at Goodwill. That had been a bad purchase decision. I was glad someone bought it, but I did lose about 75 cents in the end.

Another bad buy was the motorcycle jacket, which finally sold after marking it down over 60%. I did manage to make a slim profit on it.

My most interesting sale was for a Patagonia Hawaiian shirt. I had no idea they made Hawaiian shirts, and it sold within 5 minutes of listing.

I sold it for $40, but looking back, I probably could have gotten closer to $75-80 for it. Apparently, it was a rare vintage shirt. I’ll have to be more careful with items like that in the future.


Counterfeits

I dodged a bullet so to speak. On my last run to the Treasure Hunt store, I saw some water filters missing a box but otherwise sealed. I decided against buying them on a whim.

It turns out those water filters were fakes. I’ve been researching the products I bought and came across some public notices issued by the National Sanitation Foundation (NSF) that listed Ecley as falsely claiming to be certified.

I actually found multiple brands selling the same item with only the name swapped. This makes it easier to identify the fakes.

Without a real certification, you could be putting your health or your family’s health in jeopardy.

These Ecley filters come from an “Alphabet Soup” Amazon store. To get past Amazon’s strict registration requirements, sellers from Shenzen, China will often use random characters all in CAPS as their business name. This is done mostly to avoid common names that are already trademarked.

There are actually two businesses that have similar-sounding names and are both in the water business. There is a refrigeration shop called Eckley in Pennsylvania and an Elkay from Chicago. Fun fact: You’ve probably drunk from an Elkay water fountain at some point in your life.

I also found a few other eBay sellers who were selling the Ecley brand and some others selling Frigidaire branded filters. While these other sellers are all highly rated with tens of thousands of sales, there is an issue. If you look at their negative feedback, there is a significant number of people complaining about being sent counterfeit goods.

One of these sellers (M8FILTERSTORE) has American flags and Taylor Swift plastered all over their storefront. The page heading boldly claims “USA Filter USA Stock” and the listings all include US flags and certification logos. These markings are all to send the message to buyers that they are a US-based company and that you are buying American products.

This is quite untrue. The seller (jennie-solo) is based out of China. The products are being manufactured and shipped from China.

In fact, many of the brands we associate with America are actually owned by foreign firms.

  • GE Appliances is owned by Haier Group (Chinese)
  • Whirlpool is largely owned by Galanz (Chinese)
  • Frigidaire was sold to Electrolux (Swedish)
  • Maytag was bought by Whirlpool who belong to Galanz. (Chinese)
  • Kenmore, while still American-held, is largely manufactured in Asia.
  • Kitchenaid is another Whirlpool brand. The parts are made in China and assembled in Connecticut.

We’ve seen news reports about unsafe products being shipped out from fly-by-night operations. Children’s toys made from lead, food products containing mercury, or bedding stuffed with garbage.

While occurrences like these are not the norm, they are on the rise. And setting numbers aside we must remember the people who unknowingly bought these goods were affected by them. While some may have been sickened, others have lost their lives as a consequence of trusting these sellers and the brands they offer.

Treasure Hunt Liquidator’s

My mother and I visited the local Treasure Hunt store in Raleigh to see what was available. We went on a Wednesday, the $1 day before they restocked the bins. We got some interesting items, mostly arts and crafts stuff.

I picked up a DeWalt Carbon Fiber Hammer Tacker-Stapler, it was in rough shape but I think it still works. I also got a MeshForce WiFi Extender. The little light comes on when you plug it in so I think it works.

Both items were scuffed up a bit, but I think I’ll be able to sell them.


We went back to the store on Friday to see the new items priced at $12 each.

The store was packed with people. We arrived around 11 AM and noticed a few electronic items I was interested in but decided not to take any chances.

All of these items are product returns and only some of the boxes say whether the contents were defective or broken.

I found a great deal though in the clothing bins. Apparel items were all $8 on Friday and I picked up 13 men’s Levi’s shirts for $104 total. The listed MSRP on the shirts was $68.50 and clearance stickers were marking most of them down up to 70%.

The tags all say 2024, so these shirts were all recently released. I checked Levi’s website and I can see that they are still listed at around $45 on a discount.

They came in good sizes ranging from 2XL all the way up to 4XLT. I’ve listed them on eBay at $34.95 each. I am hoping they will get picked up as we roll through Q4.

Unfortunately, one of the shirts was missing the tag and another one had an ink tag still attached to it. I need a strong magnet to remove it without setting off the ink bomb.

Other strategies included burning them off, but I think that risks damaging the fabric. I’ll set those two aside for later.

Queuing in the checkout line.

I’ve had 8 buyers this last week with gross sales of $145 and a net return of $47.03 after fees and cost of goods. My experiment with disabling promoted listings last month was a big failure.

So, I am now always enabling promotions on my listings. It’s not worth trying to go without to save some money. I’ll have to bring down my costs by either sticking to the $2 bins at the Goodwill or by focusing on only selling New With Tag items that I can charge higher prices for.

I am lucky in that the local Goodwill shops do not individually price items on the rack. All shirts and pants have a set price and everything in the bins is two bucks. Sweaters and coats get higher prices, but not a whole lot more unless it is a big heavy ski jacket or something similar.

I’ll see if I can get my spreadsheet uploaded in the coming weeks to give a bit more transparency on how much I am earning and spending with this venture.