The Numbers: June 12-18, 2022
This past weekend was a microcosm of how slow things are right now. I sold one $20 item on Friday, the upside being I had listed it just a few days before that and my COGS was $0. Then on Saturday, all morning and afternoon into the evening…no sales, no offers, not even a message with an “offer” that’s 1/10th of my BIN price!
I try and treat Saturdays like a true day off and if I spend any time on eBay at all, it’s maybe an hour doing something that I really wanted to get done that week but didn’t have the time for. But the silence rattled me a little bit, so I spent a few extra hours working on Saturday night. I added a few more new listings than I usually do and sent about 75 offers to watchers. Within an hour of doing all that, I received a $30 offer on a $40 item which I accepted, a watcher accepted my 15% offer on an $80 listing and then I received a $100 offer on a $150 item which I couldn’t click accept on fast enough. This all probably would have happened without putting in that extra time, but I’m glad for the sales. Yesterday (Sunday) was similar in terms of activity.
eBay always makes more sense when you look at the bigger picture. It won’t remain this slow forever. In the meantime, I have plenty more low COGS items to get photographed and listed. Nothing glamorous, but this is the work that will pay off six months or a year down the line. I wish you all good luck this week with whatever tasks you’ve been putting off recently. May we all find the motivation in these times of slow sales!
6/12/2022 – 6/18/2022
Total items in store: 2123 (down from 2128 last week)
Items sold: 38 (26 via best offer, 6 via seller initiated offer, 17 via promoted listings)
Gross sales: $2107.40 (down 33% from one year ago)
Net sales: $1502.99 (down 32% from one year ago)
Average sales price: $55.46 (up 35% from one year ago)
Time spent searching through online auction listings for new trading cards inventory: 14 hours (up from 13 hours last week) — because it’s so slow, I plan to cut down on this time this week. let’s see if I actually stick to that!
Highest price sold (net): $211.37 — Saquon Barkley gold prizm RC /10
This was my second experience sending an item to eBay’s new trading card authentication program. If you’re not familiar, a few months ago eBay required that sales of certain individual sports cards (not graded, over $250) are sent to a third party authenticator (a large grading company) to confirm their condition before going to the buyer. I know this program is used in other categories as well. Seems kind of unnecessary to me considering eBay’s Money Back Guarantee, but maybe this will help some buyers with deep pockets and little knowledge of expensive cards. The card was sent to an address in Florida and a few days later, it will get reshipped to the buyer at no additional cost to either buyer or seller.
Lowest price sold (net): $10.46 — Jordan Poyer autograph rookie /225
This buyer sent me a message about how happy they were that I accepted their offer, since their son was going to a sports camp hosted by this player, so I sent them a few cards of players from their favorite team. They also said “their friend” was interested in another card in my store, if only I could cut the price in half and give them 1000 details about the card’s condition, which is the point when I stopped responding. Nothing personal, buyer’s friend.