A community of 30,000 US Transcriptionist serving Medical Transcription Industry

Update on my eBay sales


Posted: Aug 5, 2015

Hello. It's been at least a year since I wrote several posts regarding making extra money by selling on eBay. I haven't been back here in so long, and yet I still see many struggling. When I first started selling, my initial goal was to at least be able to pay my utilities with my eBay money. Then it became paying my rent. My rent is $845. For the month of July (which is the S-L-O-W time on eBay), I had gross sales of $843. Now, eBay and PayPal took their 13.5% cut (combined, not each) off the top, and I pay $14.95 a month for a listing program that helps me list more quickly and easily. And then I had COGS -- Costs of Good Sold -- that had to be deducted from that total. Some of my sales were personal items that I just had laying around, like sealed vitamins that I am never going to use, so I really wouldn't include those as COGS. So, I didn't make my monthly goal. But I am still happy with what I did make, especially knowing that July has the slowest sales for everybody on eBay. I just wanted to post how I'm doing in the hopes that some will see this as a way to a bit of financial relief. I feel grateful to this board because it was a post right here in Gab over a year ago that gave me the idea. So I continue to pay it forward.;

What do you sell? - Q

[ In Reply To ..]
Just curious if you buy things to sell at auctions or garage sales or whatever. I have made good money, but not steady money, selling things like collectibles that I have had stored in my basement. There was a time when I was into collecting things, but now I am more of a minimalist so I got rid of stuff I no longer cared about.

Yes, the Friday night auction, garage sales, thrift stores, CraigsList - Former Lead

[ In Reply To ..]
I agree that it can be good money but not necessarily steady money. For example, I haven't had a single sale since the month began.

I've seen several of my eBay buddies crash and burn when they try to do this as their sole income because they listened to some who were exaggerating about their sales. But it's great for side cash.

Best thing to do is start selling something you already know about and love, and then from there you can branch out.

There are many how-to videos on YouTube and many Facebook groups to support you.

I think - I've read your posts.

[ In Reply To ..]
Over this time here and there. Happy for you that it is working out so well. Hard to believe Ebay and PP take such a cut! I have never heard of this listing program. Does it have a name and how did you find that and how does that work?

Again, congrats!

I would love if you can link us up to your previous posts about this!

The program is called inkFrog. - Former Lead

[ In Reply To ..]
There are others as well. A lot of sellers use Auctiva. I'm happy with what I'm using, so haven't tried it.

As far as a link, it was several threads over several months. Just run a search for eBay, and I'm sure they'll come up. You might even find the original post I saw in Gab that got me fired up.

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