As much as I lamented that sales were slow, I was doing the happy dance when there was a sudden surge in sales the end of May. This was especially good since I had put my store on vacation for a couple of weeks and didn’t list one single item in May until the last week. I know these surges come and go; I just wish they lasted longer!
Here are a few more sales I made in May. Except for the last item, all of these were purchased from the GWO so the “paid” price is an average.
Hasbro NERF Tornado Strike Big Super Soaker Squirt Gun with Detachable Stock – Paid $0.71 – Sold $30.99 – Net Margin 59%
These bigger water guns sell really well during the warmer months. These have been listed since February, and they sold within days of one another. I was hoping the Wham-O blaster was worth more, but it retails new for $25. So I listed it for $10.99 BIN, and someone paid $15 to have it shipped to NY. Go figure!
Large Grumpy Plush 28" Snow White Seven Dwarf Retired Jumbo – Paid $1.42 – Sold $35.99 – Net Margin 50%
Mervyns California Mission San Buenaventura Ornament Midwest of Canon Falls 1998 – Paid $0.60 – Sold $24.95 – Net Margin 74%
I’ve mentioned these California Missions for Mervyn’s in previous posts (here and here). They are porcelain replicas made by Midwest of Canon Falls and were sold in Mervyn’s stores from 1997-1998. Both the village buildings and the ornaments – like the one above – are hard to find and very collectible as are the accessories. If you ever run across one, be sure to grab it quickly and run!
Porceval Figurine Girl in Blue Ribbon Dress and Veil Hand Painted Spain – Paid $0.71 – Sold $26.89 – Net Margin 63%
When I first saw this pretty figurine tossed in a bin, I didn’t pay her any attention. She was in the midst of a bunch of cheap dollar-store figurines so I just walked on by. I came upon her again when I made my second round and this time I picked her up. Her bottom was marked “Porceval, Made in Spain”. Okay, maybe she wasn’t some cheap trinket. Thanks to my smartphone I realized she could be worth a few dollars so into the cart she went. She sat in my store for about 3 months before she sold to a buyer here in California.
Atari 2600 and Frogger Plug and Play TV Video Game Arcade Style Joystick – Paid $0.99 – Sold $30.81 – Net Margin 67%
I still remember playing the first video arcade games back in the 1970s. The first one I ever played was Pong by Atari. It was such a simple two-dimensional game, but I was terrible at it! So when I saw these two joysticks, I threw them in my cart. These are actually plug-and-play arcade TV joysticks. They are not very old, but you can play some of the original arcade games from the 70s – including Pong! We plugged them into our OLD TV to make sure they work and I had a fun time remembering old times. And yes, I’m still terrible at playing Pong! These also sold to a buyer in California.
Noritake Versatone Bleufleur B319 Seven (7) Dinner and Dessert Plates – Paid $5.38 – Sold $98.52 – Net Margin 72%
I sold seven more pieces of this beautiful Noritake design. I purchased these in February and sold the first 3 bowls within a few days of listing them. So far, total sales of these pieces comes to just over $160. I still have two more dinner plates that should bring in another $35. These were two listings and they went to the same buyer in Florida.
Naked Nude Barbies Barbie Mixed Lot of 9 Blonde Brunette African Clean – Paid $1.38 – Sold $43.39 International Sale – Net Margin 22%
This little lot of naked Barbies was not a big seller. This was my first try at selling this item and it will also be my last! I picked them up because I’d seen the videos by GillDaddy and they always grab them to sell in lots. However, this just didn’t work for me. I picked these up over the course of several trips to the GWO and half the ones I did get were damaged. I finally got around to listing them and getting them out the door. What I DID find interesting was that I received quite a few inquiries, all from international buyers. Anyway, this lot went to a buyer in the United Kingdom, who paid over $33.00 for shipping. What DO people do with these?
Honestly, when I paid the $7.98 at the SA for this FoodSaver, I intended to keep it. Otherwise, I don’t think I would have bought it to resell. The box was sealed so I had no idea its condition. But once at home, I saw that it was brand new in its original packaging. Looked it up and realized I could sell it for about $60. Oh, well, I didn’t really need it! This sold the day after Memorial Day – within 2 days of listing it – to a buyer in California.
I know it takes money to make money; and one of the things I struggle with is not limiting what I pay for items. I like to stay under $5 – WAY under – for what I pay per product. Yet, I realize that I’m leaving behind many great items that could bring in more money. I see that other sellers pay much more for items that they know will bring in the $$.
Selling the FoodSaver made me realize that I need to expand my horizons and not limit myself and the items I sell. Yes, it may take a little more upfront money – and, yes, you have more at risk – but you also have more to gain!
Here is a breakdown of my May Sales:
# of Sales: 70
Cost of Goods Sold (COGS): $103.64 (6% of revenue)
Average Price of COGS: $1.65 (does not include personal items sold)
Total Revenue: $1895.38 (includes revenue from shipping)
Avg. Sales Price: $27.08
Net Margin: 57%
Highest Sold Item: $109.71
Lowest Sold Item: $4.24
Number and Percent of Items Sold:
- Jeans: 23 – 33%
- Plush and Toys: 14 – 20%
- Sewing Machines: 4 – 6%
- Everything Else: 29 – 41%
One UPI Case – Closed and credited
Now that’s cash for trash!