Showing posts with label revenue. Show all posts
Showing posts with label revenue. Show all posts

Sunday, October 09, 2016

eBay Adventure – Standing Up for Myself

                The person who tried underbidding me at $150 returned with a $200 offer. I accepted it because it was closer towards 50% ($225). I stood up for myself because there was no way that I allowed any buyer to undermine me! That was someone that you had to learn as an eBay seller. There were people out there trying to nickel and dime. It was mandatory to stand firm because this was a business and as a seller you must have a breakeven analysis and cost of goods sold (the cost to ship your product).
I brought up cost of goods sold aspect because it a vital part of revenue. In business sale – cost of goods sold = revenue. Cost of goods sold is a uniform price. The post office charged you, the seller, the same amount of the package dimensions regardless of sales price. Lowering your sales price meant a cut into your revenue. That was why I stood up and declined the $150 but accepted the $200 because I needed a buffer and to generate revenue! eBay was a business and the buyers would respect that!

Visit my eBay store at: http://www.ebay.com/usr/carljenkin_6


Friday, August 26, 2016

Depop Diaries – My First Customer Inquiry

                Okay so I have not been on Depop because I am not receiving any sales. eBay has been generating money so that’s where my attention has been; however, today, I peruse the app and notice that I receive something in my inbox. Well, what do you know? There is a question about bidding on my dress. I am willing to accept a lower rate (above 50%, of course!) with full shipping. I am very happy about this because my store is starting to make traction; and, my goal is to move as many clothes as possible. Depop is part of my decluttering process. eBay is moving my shoes at a fairly fast clip; but, I still have piles of clothes that I have not worn in a long time that I have not been able to sell on eBay. I hope that the lady returns to Depop because I am anticipating my first sale on this site.

Visit my Depop store here: https://www.depop.com/en-us/phenomena



Thursday, August 11, 2016

eBay Adventure – Rebounding with Revenue-Generating Activities

                Monday morning my first order of business is going to the post office to ship my eBay order. It is a revenue-generating activity so it is first on my list. I cannot ignore this. I am awaiting another PayPal payment that is overdue but she promises to pay me as soon as she gets off of work. Hey, whatever. I just know that my birthday is Tuesday and I am not shipping anything until Wednesday. Technically, this buyer is beyond the 2-day pay period so I can cancel if she gets funny. Also, today summer has decided to return. Once again in DC it is over 90 degrees so I can get particularly cranky when it is humid.

                I arrive at the post office bright and early (9:10am) and am the third in line. Later this afternoon, the second buyer pays. Immediately I write my thank you card (I always express gratitude with my purchases. They can go anywhere else yet they have decided to pay me.) and the shoes. I manage to ship my second order around 4:30pm meaning that it will arrive to the buyer this Wednesday. This order was one of the shoes which the fraudsters ‘ordered’ but then left eBay. I regained some money out of the situation.

Visit my eBay store: http://www.ebay.com/usr/carljenkin_6