Wednesday, November 17, 2010

Professional Shopping

Part I
Last week I discovered an exciting blog, My Dear Trash.  It hosts the wisdom and experiences of two former Temple Square sister missionaries (yay Temple Square!) who work from home selling thrift store / garage sale finds on Ebay and craigslist. 
I have some experience in this arena- I love the thrill of bargain hunting and stretching our limited budget.  My husband partially funded his college education flipping cars on craigslist.  However, I've always thought of Ebay selling as too complicated.  Not anymore!  Laura and Kelly are full of advice and encouragement, and make it seem so easy. 

I compiled a list of all their tips and posted it here: How to Sell on Ebay

The record of my first week:

I decided to try it out.  I headed to my local Savers on Monday morning- the day last week's sale color becomes a $.99 item.  I arrived right before they open- to find a line of 30 people waiting outside the door!  Wow!

Adrenaline started pumping as the employees released the floodgates opened the doors- I shot through and grabbed a cart and headed to the ladies coats.  No luck!  Quickly, I maneuvered through the maze of shoppers with fast-filling carts (how!?) to the rack of plus-size jeans.  Nada.  I looked around the store and it seemed every rack was being quickly flipped through by expert fingers.

I took a break to peruse the furniture section (not an exemption- furniture for $.99!), then chose an aisle that didn't look too crowded. The other shoppers were sifting through a rack of women's suits, so I started on the opposite side- long skirts.  Jackpot!  I found 10 skirts in the recommended brands and sizes.  After that I also found some ladies slacks and dresses at Idaho Youth Ranch Thrift Store next door, and decided that was a perfect start for my experiment.

Part II
Yesterday my first set of Ebay auctions ended.  The results?  Out of 14 items, 8 sold.  $58 earned - $4.50 Ebay fees - $30 inventory = $23.50 profit

This prompted me to continue the experiment.  I have relisted what did not sell at lower prices, and posted another 25 items for sale.  

My top seller of the week- a size 12 Talbots wool skirt selling at 19.99 via Buy-it-now.


Kara M. said...

Wow! That's a cute skirt! I'm impressed and proud of you! :)

Unknown said...

WOW YOU DID SO GOOD ! I am impressed !
Following you back ! Did you know that i served in Temple Square with laura ! Nice to meet you :)
Come say hi when you can :)

Anonymous said...

Thanks for follow me at Blogfrog,
Don't forget to join my community.
I do follow you.

Ethan said...

I'm pumped you started a blog! It'll be nice to be more up to date with y'all. Nice accounting, Benjie's vibes must be permeating your home with number skills.

Dana @ The Coupon Challenge said...

Great way to make money on items you no londer need! I'm not good with ebay. I did purchase maternity clothes years ago, though.

Thanks for linking!

bestmommy said...

Congrats on your ebay success! I used to enjoy ebay very much a few years ago, but got burnt out, I guess. I love hunting for stuff in thrift stores too. I once bought a pair of Chanel suede boots at a thrift store for $3. I was hoping to keep them for myself but they were too tight to wear comfortably. I put them up on ebay and they sold for $140. That was my most exciting auction! Best of luck to you. Following from BlogFrog.

Laura Lofgreen said...

You go girl. Temple Square sister's rock!

Heather (The Menu Mama) said...

Wow! That is so cool. I've been able to make pretty good money selling Gymboree and Baby Gap clothes on ebay (thrift store finds and the clothes my kids out-grow) but I've found that shopping thrift stores these days with a toddler and pre-schooler is just miserable. :-)

Bethany @ Uncle Dutch Farms said...

That's really cool! I did a bit of this before I got married, but had so-so luck with it. I have a friend who buys old clothes and remakes them - she cuts them apart in weird ways and sews them back together with her serger, marketed towards the goth crowd and she makes really good money. Some of her dresses have sold for more than $200, it blows me away.

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