posted on June 10, 2002 08:36:29 PM
just curious for those who sell on ebay ,full or part time,what happens if you quit selling,will your income be jeopardised??
posted on June 10, 2002 08:53:52 PM
If you quit selling on eBay you will no longer have the income that you were making off of your sales on eBay so yes, your income would not only be jeopardized ... it would be gone completely. Of course if you have another job, you will still have that income to fall back on.
posted on June 10, 2002 09:08:23 PM
If you quit selling on Ebay, you will no longer have deadbeats, shill bidders, phony damage claims, chargebacks, safeharbor, Vero, outrageous fees, image host crashes or NARU threats. By giving all that up, you lose the best excuse in the world to drink.
The light at the end of the tunnel will turn out to be an oncoming train.
posted on June 11, 2002 04:48:35 AM
What I buy on eBay is directly connected to what sell. If I don't sell stuff then I can't buy stuff. Its a vicious circle but I love it!
Shill bidders, deadbeats, ummm I've run into a few sellers with really bad attitudes, but my buyers have been very nice people!
posted on June 11, 2002 05:03:19 AM
stopwhinning very weird post......its obvious same as if you quit working altogether of course your income would drop!
posted on June 11, 2002 06:40:18 AM
I don't understand the question, unless the implication is that there are people out there selling who don't make a profit.
posted on June 11, 2002 06:54:44 AM
I havent't had any auctions up in over a month and I'm getting antsy. My Paypal account is depleted and that's what I mostly used for my Ebay buying. On the other hand, I haven't had to worry about a whole lot. I quit my job of 18 years last August to do Ebay full time and when sales went down I took a part time job at a local real estate company. It's great. I work 10 to 3 with a 1/2 hour lunch. When I decide to start selling again it will be because I want to and not because I need to. In case you can't tell, I am not the bread winner in the family. Barbara
posted on June 11, 2002 07:02:56 AM
the reason i asked is becasue it is possible to just break even or lose money selling on ebay??
think of it,buy more than you can sell-your cash will be tied up in unsold inventory.
think of hours spent listing,pay yourself 3.50 an hour and you lose alternative use of your labor (flip burger ) if items do not sell/
for those who use mass loading software,upload 5000 items and you are looking at listing fee of 1500 dollars on your credit card .
this is why i ask,in some cases,it is better not to sell than to try to sell.
posted on June 11, 2002 07:41:33 AM
Doesn't it all really boil down to it is a gamble. You never know if you are going to win or lose until the hand is played out.
Just a thought....
posted on June 11, 2002 08:17:00 AM
If I calculated my hourly wage for my eBay work it would be stupidly low. But I do it for F-U-N. It's my hobby. As I have told many acquaintances, it's great to have a hobby in which people give me money, rather than the other way around (which is the case with most hobbies).
Also, eBay's a lot safer than my last hobby, during which I broke nine bones at once (motorcycle racing).
The key is to not take ebay too seriously -- to keep it fun.
posted on June 11, 2002 10:37:15 AM
yardsales for peanuts to ebay sellers,let them buy in bulk and sell on ebay.
i know brick and mortar stores are giving up selling on ebay hoping to get just as much or more than their store price.
posted on June 11, 2002 11:56:56 AM
I am retired with a fairly good income. My ebay profit makes it easy for me to take my intimate other out for dinner more often, & a trip to Mexico for 5 days. I could live without it, but what would I do with my time?
posted on June 11, 2002 01:45:40 PM
(Income jeapoardized if I quit ebay?) Probably not because I'll have alternative sources of income set up.
I've improved on my buying inventory. Also, any stuff which doesn't sell I just sell it as a Lot and reinvest that money in new/better inventory. Any losses I incurred is just the price of education.
posted on June 11, 2002 02:42:23 PM
What happens? You lighten up, relax, enjoy life for awhile...You start selling somewhere else where it is easier to list, less work, NO NPB, and very little stress! I haven't listed on Ebay since last FLD, and don't intend to. Don't miss it either! (Well, I WILL list on the next FLD) But, it wasn't my only income either. You guys do all the listing....I will do all the buying. It's easier for me that way!
posted on June 11, 2002 04:59:07 PM
I JUST GOTTA REPEAT THE ABOVE,,,,,,,,DO YOU SELL ON E BAY?????? OTHERWISE AS FAR AS I CAN SEE THIS IS REALLY ALL FOR NOT.
posted on June 11, 2002 06:39:35 PM
I've had generally good results selling on eBay, though I have made some mistakes. I often buy in bulk so if I buy the wrong item, I'm stuck with it. A few times, I thought an item would sell well and it bombed. Other times I've had sources to very cheap items that sell for big profit. It's certainly been a learning experience.
In my opinion, there are two things you can do to safeguard your sales: Know your product and know your market. That is, know what your product is worth, and know how much you can expect to get for it on eBay. Also, dont' invest everything into one product unless you're SURE it will sell very well. If you do that, chances are you will not lose much and will probably succeed at selling.
I think a lot of sellers out there, especially old-timers from the AuctionWeb days, enjoy the "miracle" sale. That happens when you find a discarded item at a flea market and then sell the item for an obscene profit on eBay. For example, my first eBay sale was $30 software from Goodwill, sold for $450. Many sellers have had similar experiences. Another time I bought a $5 software and sold it for $1050. Talk about easy money!
After four years of selling full-time on eBay, I took a regular job and do eBay part-time.
posted on June 11, 2002 08:00:41 PM
yes,i do sell on ebay,
i do not use any auction hosting service,never seem to be able to justify it.
i keep track of all the expenses every month and for over 2 years i wonder what is the future of ebay sellers??
now i wonder if we have come to a situation like dealer cleansing,how many of us will still be around 1 -3 years from now??
comments please.
posted on June 11, 2002 08:13:52 PM
WELL I TOLD A SWAP MEET LADY ABOUT E BAY WHEN I FIRST GOT ON (2 YEARS AGO )AND HER RESPOSE WAS,,,,,,WHO NEEDS E BAY,,,,,,,,,,,I SOLD SOME THINGS FOR HER AND SHE HAS SINCE CHANGED WITH THE TIMES,,,,,,,,,,I STILL LIST THINGS FOR HERE BUT TONITE I JUST SAW HER OTHER LISTERS PAGE,,,,,,,,,,,,,,,,,,SMART WOMAN I MUST ADMIT,,,,,,,,,,,,,,,SHE NOW HAS 4 PEOPLE SELLING HER STUFF,,,,,,,,,,A CLASSIC CAR,,,,,,,,,,STARTING PRICE,,,,,,,,,,$20,000.00 AND ANOTHER ONE AT $9,000.00...............DOES THAT TELL YOU ANYTHING????????? IT SURE DOES ME,,,,,,FIND THE RIGHT STUFF.
posted on June 11, 2002 08:35:58 PM
Many of the obsessive compulsive collectors will sell on eBay so as to have a supposedly legitimate way to expense the purchases for their collections, and they will run huge losses on their books.
By obsessive compulsive, I mean the individials with serious mental disorders who are in extreme need of long-term counseling, those indivuals who are fanatically obsessed with their collections.
One lady who sells on eBay, and who has at least six ids for her purchasing, consistently purchases at least $20,000 more a month than she sells. She sent photos of her possessions to a friend of mine, who forwarded the photos on to me. She converted her three-car garage to floor-to-ceiling shelves, marching across the floor grocery store style, each shelf stacked with antique dishes. In her large house, every available space has a china cupboard crammed into it with more antique dishes. The counter tops are crammed and jumbled with Tiffany lamps, antique vases and more.
She has spent easily over a million on eBay since 1998. She has more stuff than she can sell in her lifetime and her children's lifetimes. One photo shows her sitting in the middle of some of her stuff, beaming and happy, totally oblivious to the fact that people must think she is crazy, akin to old ladies who have cats by the hundreds.
Another lady I know is on a lesser scale, with an income flow of about $6000 a month with no savings or retirement plan, but with a huge mortgage, car payments and credit card debt. She sold her house, purchased a bigger house, took a 30-year mortgage at 95% which gave her some cash back from the equity in the first house, used that cash to convert the basement of the new house to built-in cabinets marching across the floor to house her antique collection. She is totally oblivious to the fact that she has no savings, no pension, has huge debt, but by golly she has pieces of antique china in the thousands and continues to purchase aggressively each month on eBay.
posted on June 11, 2002 08:44:28 PM
10-4. I HEAR YA LOUD AND CLEAR. THANK GOD FOR THE LOONEYS.............THEY WILL KEEP E BAY GOING AND GOING AND GOING AND GOING AND GOING AND GOING AND GOING AND GOING,,,,,,,,,,,,,,,
