Author: flippingthrifty

Blame it on the Sunshine!

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Once again, I’ve been MIA, but I can’t help but to be outside in this beautiful 70 degree weather!  One of the biggest perks of selling on eBay is that you can choose your own hours.  When you want to spend your days outside, just work at night.  If you want to go out for a night with the girls, just work during the day.

I have been doing bad.  Real bad.  I haven’t listed anything since March 16.  And it’s hurting, my sales have slowed down to about one a day.  It really goes to show you get out what you put in.

Also, I apologize about not posting my profit screenshots – my computer is temporarily disassembled while I try to replace the fan.  But here are a few of my recent sales:

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Lucky Brand Cargo Pants

Paid: $4

Sold: $29.99 + $6.35 S&H

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Lilly Pulitzer Dress

Paid: $6

Sold: $49.99

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Lucky Brand Jeans

Paid: $4

Sold: $39.99 + $6.35 S&H

For all the men out there – and all the women trying to convince their men to join them in thrifting – I am going to share with you some of my boyfriends recent flips in the next post (his flips are much larger than mine – and he sells some pretty cool manly things!)

Thanks for reading!

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Blame it on the Sunshine!

Feelin’ Lucky

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Happy St Patty’s Day!  I hope there is luck on your side today!  But, eBay selling has nothing to do with luck.  It is about your determination and your willingness to move pass the negative and to constantly learn from your mistakes.  The other day, I had a buyer open a return request for $30, which I have set to automatically accept.  She sent an item back – the wrong item, something that I have never had in my inventory.  I was furious.  I called eBay and complained, which only made the situation worse.  I threatened her with a police report.  I was fuming all day thinking about it.  Then it hit me, why was I going to let this one $30 sale ruin my day and make me consider quitting eBay.  Karma will take care of that person, I just need to let it go.  You cannot avoid the scam artists.  They are everywhere.  I hear so many stories of people giving up after one bad thing happening to them.  As a seller, you need to realize people will try to take advantage of you – but those people are far and few in-between.

Now, aside from the ability to let go, you must really have passion to become successful.  I love clothes and fashion and can often be found reading fashion blogs and magazines.  I sometimes go to fancy stores to look around at the brands they have to offer.  My boyfriend started off trying to sell clothes, but he found his passion in shoes.  We both put time in to research what’s trending and selling.  One of my favorite research platforms are blogs.  Unfortunately, my three favorite bloggers are no longer blogging.

Everyone has a different strategy when it comes to selling.  One of my favorite bloggers who no longer blogs (Maureen) buys things mainly from the Goodwill Outlet and sells them for about 20x what she paid for them, but the total sale is a lot less than what I’m used to (maybe around $20).  I, on the other hand, try to stay far away from the Goodwill Outlet – it can be a very scary place!  I buy mostly jeans, which are usually $6.99.  I started out buying ones that I could sell for at least $20, but now try to stick with ones I can sell for at least $40.  I dabble in shirts, dresses, shoes, purses, and things, but I love selling jeans.  I can crank out a jeans listing in 3 minutes.

As far as strategy goes, I’ve seen people having success having under 100 things listed, while some people have 1000 listing – it really depends on how much you are selling items for and your sell-through rate.  Personally, I am at my all time lowest with around 120 listings – hoping to get to 200 by the end of March.

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Feelin’ Lucky

February Profits

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Please don’t hate me!  I’m a little late (only like 16 days…) on updating you on my February profits – but here it is:

feb

In February, I made $1333.24.  For about a week or two in February, I consistently listed 5 items a day, but have since fallen way off track.  However, my profits are still outstanding for putting in around 20 hours of work for the month of February.  For those of you interested in the profit program I use – please refer back to my January profit report.

March has probably been one of the worst months of me getting things listed.  I listed 8 things today, and I think that’s probably all I’ve done this month.  That being said, I’ve still made over $500 profit in the first two weeks.  I’m going to really try to start listing 5 items a day again.  I hope that soon, I can get my eBay income to be greater than my employer paid income.

For those of you on the fence of starting eBay, just do it.  As you can see, I’m maybe putting in less than 5 hours a week and seeing a return of about $250/week!  Think of what you could do in 40 hours a week!

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February Profits

Updated Jan Profit + Sales + BOLO

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Totally knew this was going to happen….the second after I hit post on my January profit post – I sold another item!  That makes my January profit over $1000!  My goal in February is to list on average 5 items a day.  This goal may seem small to some, but this is my “side hustle” and I still would like to have some time for myself!

Now, we are only less than 3 days into February and I haven’t listed a single item yet (which means I’m going to have to catch up and list 10 today and 10 another day instead of the goal of 5) but I still have made a $90 profit.

 

I wanted to talk about something that I have only recently found to be true.  The quality of your listing < the quantity of your listings.  Now this is only to a certain extant.  I used to spend upwards of 15 minutes on a listing, but now that this is my side business, I try to spend the least amount of time possible (averaging about 6-7 minutes per listing).  I used to use a light set-up, white background, and a Canon Rebel.  I now use my ceiling fan light, hardwood floors, and cell phone.  And you know what?  My sell through rate remains at about 50-60%.  If anything, I now price my items higher because I’m not worried about them selling all that fast and I have went from a 1 day handling time to a 2 day handling time.

I really cannot believe that I spend half as much time on my listings and selling just as much (in proportion to how much I list).  I wish I had known this all along, but if someone told me that, I probably would not have believed them.

Here’s something I sold today (note the crappy cell phone picture):

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GAP Jeans

Paid: $6.67

Sold: $29.99 +$6.35 S&H

Check back for a weekly profit update!

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Updated Jan Profit + Sales + BOLO

End of January Profit Report

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T-2 Hours until February 2016!  The first month of the year flew right by!  I accomplished a lot of personal goals (joined the gym, lost 5 lbs, purged my closet) and had an awesome month reselling.  This month, I’ll be honest – I didn’t list much….at all.  I estimate less than 50 items the whole month.  Regardless of my lack of listing, I still made out!  Mind you, eBay is now my “side hustle” so I’m not solely relying on income generated from eBay.  I will tell you that my eBay income is the only money I use for food, gas, and entertainment.  So if I’m not making money reselling – I’ll be starving and riding a bike everywhere….

Without further adieu – here is my January profit (which could increase in the next 2 hours since its only 10pm!)

Jan Profit

$995.24…So close to $1000!  Also, this is before taxes, so I set aside about $300 to pay taxes down the road.

And if you are wondering about this nifty program I use it’s called easy auctions tracker.  It is the best program I have found so far – it links everything with eBay so you don’t have to do any importing or flipping from excel to eBay.  You can buy it here (this is an affiliate link, I do get $5 if you purchase through this link, but if you don’t wish for me to receive any bonus, I still recommend you buy the program, it’s awesome!  And if you do purchase through this link – thank you!)

Purchase easyauctionstracker -> here

Check back this week for recent sales!  Happy thrifting!

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End of January Profit Report

Happy Monday!

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Hope you had a great weekend!  We have almost a foot of snow here so I have a four day weekend!

So far this month, I’ve sold 43 items for $1228.31.  Of this, about $820 is profit.  Usually, of my sales, about 60% is profit (I figure this by dividing my profit by my sales), but so far I’m closer to the 70% mark.  I have been trying to pass on the $20 items lately and going for $30+ items.  My unlisted inventory is just becoming unmanageable, so I needed to start buying less.  One of my 2016 goals is to significantly downsize the amount of everything I have.

Just wanted to show you a few of my sales from January.

 

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American Eagle Jeans

Paid: $2.50

Sold: $24.99 + $6.35 S&H

Now, normally I would stay away from American Eagle jeans in a size 00, but I kept seeing people talk about selling even the small sizes for a good chunk of change.  I’m glad I made this purchase and will definitely be buying the smaller sizes now, also!

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American Eagle Jeans

Paid: $6.67

Sold: $24.99 + $6.35 S&H

mmm

7 For All Mankind Jeans

Paid: $6.67

Sold: $29.99 + $6.35 S&H

mmmm

Nike AON Polo/Jersey

Paid: $4

Sold: $21.93 + $6.35 S&H

mmmmm

Indigo Palms Jeans by Tommy Bahama

Paid: $6.67

Sold: $29.99 +$6.35 S&H

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Happy Monday!

The Year of the Blog

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New year, new blog!  flippingthrifty.com finally became available and is now my blog!  I had been waiting for this domain to be available for some time now.

This year I am determined to revamp my eBay selling and my blog.  I’ve definitely neglected both towards the end of 2015.  My profits for 2015 are impressive considering I only went full time for a few months, I unfortunately had a very inaccurate profit calculator towards the beginning of the year, but later on, I discovered easy auction tracker and fell in love with it! It is such a great program to compute your monthly and yearly profits.  In 2015, I profited about $20,000.  Pretty awesome considering I went only about 6 months full time, and by full time I mean about 20 hours a week!

Already 2016 is off to a great start!  I have profited right around $700 for the first three weeks.  I probably would’ve done a lot better had I listed some things, but I’ve been rather lazy these first few weeks.  Starting February, my goal is to list at least 20 items a week -not a lot, but keep in mind I now have a full-time corporate job.  My goal with this blog is to encourage everyone that they can find the time to sell on eBay!  It is easy and not very time consuming.  For me, 20 items a week will compute to less than 2.5 hours of actual listing/picture taking and probably about 3 hours of thrift shopping (which, let’s be honest, isn’t really work!)

In February, I plan to have a more structured blog, with weekly profit breakdowns and sales.  What do you guys want to see more of?

 

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The Year of the Blog

Goodbye 2015!

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I have been SO busy!  I am starting to like my corporate job, but not quite as much as I love eBay.  Working for someone else sure is a heck of a lot easier than being your own boss, but being your own boss is way more fun! 
 
2015 has been the best year of my life!  I moved into my first single family home with the love of my life, landed my first big girl job, and have successfully owned my own business!  I love starting a new year and making goals to accomplish.  In 2016, I hope to become a master of tax deductions, keeping detailed and neat records.  I want to list every single item, a few hundred, in my “to-do” pile (which is actually my attic!)  I also am thinking about pursuing my Masters!  I want to go scuba diving and travel more, run my first 5k, and significantly downsize my wardrobe.
 
I cannot wait to update you guys in early January on my total profit from 2015!  I also plan on giving you a tour of our eBay room.  But in the meantime, here are some of my recent flips:

7 For All Mankind Jeans
Bought: $5.93
Sold: $39.99 + $6.35 S&H
 

Diane Von Furstenburg
Bought: $7.42
Sold: $73.09
Eileen Fisher
Bought: $4.23
Sold: $29.99
Lucky Brand Jeans
Bought: $5.93
Sold: $29.99 + $6.35 S&H
North Face Hoodie
Bought: $4.99
Sold: $29.99
 
 
Hope your 2015 was full of thrifting and flipping!  Happy New Year!
 
 
Goodbye 2015!

Fall Y’all!

flippingthrifty7 Comments
My second favorite month is here!! (My most favorite is December of course!)  It’s definitely going to be a busy month for me!  I start my new job as a Logistics Analyst Oct 19th and Steven and I are preparing for our move down to Richmond!  I love moving and change and interior design and decorating!  I cannot wait to find our new place.  We want to have three bedrooms so we can have more space and keep one room as our “eBay room.”  Steven plans to eBay full time down there which is great because there are so so many thrift stores in the area.   I plan on still doing eBay on the side, thrifting after work and weekends.  My goal is to list about 25 items a week.
Anyways, about September, let’s talk about my $3000+ profit!!  All together I sold 153 items and made a profit of $3,136.41.  I was bummed when a $150 coat was being returned, but I relisted it today and it sold within minutes.  Here is what my profit breakdown looks like:
My profit is on the rise! Last month I made almost exactly (a few cents off) $1000 less than this month.  And in July, I was only just over $1000 total profit.  At this rate, I’ll be a millionaire in no time ;P
Here are a few of the items I have sold in September:
Mezon Tank
Never heard of this company but this top felt like great quality and after looking them up I found they are handmade in the US and are over $100!
Paid: $3.38
Sold: $29.99

J.McLaughlin Coat
(Originally sold for $100 but I gave the buyer a hefty discount because I noticed some flaws while packaging)
Paid: $8
Sold: $50

Duluth Hiking Pants
Paid: $2.50
Sold: $39.99 + $6.35 S&H

Lucky Brand Jeans
Paid: $11.13
Sold: $24.99 + $6.35 S&H

J.Jill Tunic
Paid: $4
Sold: $39.99

Under Armour Pants
Paid: $5
Sold: $19.99 + $6.35 S&H

J.Crew Coat
Paid: $8.50
Sold: $149.99

J. Crew Blouse
Paid: $4
Sold: $49.99

TSE Cashmere Coat
Paid: $10
Sold: $199.99

Eileen Fisher Dress
Paid: $8
Sold: $69.99
I also wanted to mention one of Steven’s sales that had my jaw to the floor.  He picked up a Ralph Lauren coat at goodwill for $15.  We both thought the coat would bring in around $100.  After he did some research, he realized he stood to make a lot more so he priced the coat at $700 obo. Offers started rolling in immediately and he accepted an offer of $600 within a week.
Now that I’ve talked about September sales, I want to talk about October.  I know it’s only been one day, well not even one day, but I’ve already made about $188!  I’ll try to keep you as updated as I can during the move.
Fall Y’all!

9/1/15 – 9/7/15

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I love eBay!  I love thrifting!  And I love making money!  The first week of September I made over $600!
I’m really going to try to keep the sales up by keeping my items listed.  I have a terrible habit of stockpiling hundreds of clothing items and listing them way after I bought them.  It’s going to be a difficult transition, but I need to start listing things right after I buy them and not choose the “money-makers” over the $10 profit items.  
Steven and I went on our weekly Wednesday thrifting road trip to Delaware.  I got so many bags full of clothing for less than $200.  I even scored a vintage Fendi dress and a pair of heels that retail for over $1000 (I’ll post about these later).  I also found 5 pairs of Lucky Brand jeans, Eileen Fisher, and Lululemon.  I found a lot more “bread and butter” $15 profit items.  I’m thinking about making my next post a thrift haul.
On a side note.  I really really really cannot wait to move into a new house.  With Steven and I both doing eBay in our small 2 bedroom townhouse, the clothes are really taking over.  We will finally be able to have a designated eBay room, which we will even be able to write off come tax time!
Here are a few of my recent flips:
J.Crew Blouse
Paid:
Sold: $24.99 + $6.35 S&H

American Eagle Jeans 
Paid: $1.00
Sold: $17.99 + $6.35 S&H

Banana Republic Sweater
Paid: $1.00
Sold: $19.99 + $6.35 S&H

Anthropologie Blouse
Paid: $1.00
Sold: $19.99

Citizens of Humanity Jeans
Paid: $6.36
Sold: $19.99 + $6.35 S&H

Vigoss Jeans
Paid: $6.36
Sold: $29.99 + $6.35 S&H
As you have probably noted, most of my items I get around $20 for.  Some go for a hundred, but most twenty.  I rely on these items for my profits.  My average profit in September has been $19.65 which is up from my previous $17.  I follow a lot of people on social media who will only buy things that will profit them at least $40, but in the area I live in, this is not possible.  I live in a very rural area where most of the population probably has no idea about Tory Burch or Badgley Mischka.  I hope when I get to Richmond (which is much more fashion forward, I mean c’mon they have a Lululemon store!) I can start buying less and making more.
Hopefully I’ll get back to you with a thrift haul in the near future!  Thank you for following along with me!
9/1/15 – 9/7/15