Record eBay Sales on Monday!

I am writing this with a bit of unabashed glee!  On Monday, my sales generated me an all-time high in profits.  It’s not close.  Monday blew every previous day of eBay sales out of the water with a one day profit of over $630!!!

I do have to brag a little.

My closest day before Monday was in early June when I had a day which netted me $212.14 exactly.  That was a great day.  But this Monday was even better.

The main difference though was that my previous high eBay sales profit record was set amond many items, over 10, while this Monday only 4 sales were made. 

I was lucky enough, or should I say skilled enough, to find a product that sold for $540 more than what I purchased it for less than a week earlier.

What did I sell you ask?  A “Professional Audio Mixer”.  I am not even sure what it is still.  I know it is used by DJs and recording studios.  I bought it at a government sale which I found through the Better Sources software I have been raving about.

I got it at $120 above the minimum bid of $100, so I paid $220 for it.  But as Chris suggests, I had researched it before I bought it.  Really I researched it while I was buying it.

This was a big purchase for me so I was nervous although confident.  I really did not want to muck things up and lose $200+ on a single item.  Believe it or not, I still do have some stinkers from time to time!

That didn’t happen so today is a celebration!  I am going to take my Wife out for a nice dinner and perhaps catch Step Brothers at the movie theatre.  It looked kinda funny to us and we haven’t seen a comedy lately.  We did catch The Dark Knight and I enjoyed it for the most part, but I am ready to see something a bit more funny and a bit less dark.

Then I will come home and start looking for more products to sell.  More days like Monday and I will quite my real job!

Wish me luck.

Make Your Spouse Love eBay Too!

As those of you who read my blog know, I am doing fairly well on eBay but have decided I am not ready to quit my day job yet.  In fact, a slow week last week on eBay verified my need to build up a savings first.  No, it wasn’t a terrible week, but I was expecting a great week and ended up with an ok one.

The good news is that I did find a way to increase my eBay hours without taking any time off work.  THE WIFE!

My wife loves to shop.  So, who better to be the buyer for our eBay business?  I do like to shop to when buying products to sell on eBay, but she really seems to love it.  I had her read the guide and she was already aware of most of the ways I was finding products.

I think in the end she will be better than me at buying products, but right now she has been a little too hesitant.  She enjoys it greatly but is constantly asking me questions.  Not that I mind the questions but I think she has the “Drop Shipping Sucks” concepts down pretty well.

Her first purchase was some Nintendo Wii Remote shaped candy.  Actually, the candy looked like little CDs but the dispenser looked just like a Wii Remote.  Normally I do not like to share what I am selling since I have heard that many people will have no ethical problem just copying your auctions but in this case it was a one-time sale.

The candy dispensing Wii Remotes were bought for $0.55 each and she bought 24 of them.  So, our investment was about $13 or so.

I was excited to see how her first try would go and it went ok.  Very similar to my first try.  She made a few bucks and we had some leftover Wii Remotes.

In fact, we sold 13 of them total for a net profit of $27 and some change.  The eleven Wii Remote thingys we had left we gave to our local Goodwill Store.  So, not a bad first try.  $27 profit.

But I didn’t want to keep listing them as other eBayers seemed to catch on to this quickly and suddenly we were not the only ones selling these candy dispensers.  I think there are still a few selling on eBay.

Now the wife is on to buying more and better products.  I will let you know how it goes.

Wish US luck!