Thank God – It Was an eBay Fluke!

I had a bad week recently.  Really bad.  I barely made a profit on eBay for the week and was feeling pretty lousy.

I was unsure if it was my items, eBay, or the failing USA economy.  As it turns out, it was me as I had expected and hoped.  I just got greedy and went for some bad products.  Problem corrected.

I was recently asked about my intentions to quit my day job since I have considered this option in the past.  I am not currently considering it.  Especially after my recent low-profit scare!  I still need the stability of my real job and, quite frankly, with the economy they way it is I would just prefer make all the money I can while I can.  Who knows where we will be 12 months from now.

Wish me luck!

And remember, use this link and go buy DropShipping Sucks.  It is what I used to get started and you should too.  Plus, when you use my link I earn money.  [smile]

My Worst Week on eBay in a Little While.

What can I say.  I had a bad week.  First off, it looks like I purchased a LEMON of a product to sell.  I thought that they would go well and, until now, I have gotten very good at determining what would sell.  That stinks.  I have been on a real roll.

The good news is since I used the DropShipping Sucks method I will not be out any money.  But the bad news is that this entire week I will net a whopping $233 in profit.  Yes, that is right, $233 for the WEEK. 

Yuck!

Wish me luck for next week.  I have been having much better weeks in general this was just a stinker.  Let’s hope it is an exception and not the new rule!

eBay Sales Going Strong, but I am Getting Lazy!

It has been a while since I wrote.  Last time I was celebrating a big day.  My BIGGEST day!  Today, I am just writing because I am having eBay euphoria.  I realize something.  I am one of the few.  One of the people who set out to sell on eBay and went through all the pitfalls and am still on and still making money.

Kudos to me.

BUT, this week I did something I told myself I wouldn’t do.  I cheated.  I said I would not find what other’s are selling and just copy it.  But I did, and it is going well!

As part of Chris’ Better Sources software we can see a blog where he (very infrequently ) posts information on trends, etc.  Well this past week he posted about some wireless keyboards he found and told us where to get them.  He then also showed some current eBay auctions and it looked good to me.

So, I picked up 7 of the keyboards and got them for $6.00 each and have been happily selling them for $26 – $38 each.  Not a bad markup.  But I do have some remorse.  I feel instantly lazy.  While I have been using the techniques in the Dropshipping Sucks guide (please, use my affiliate link!) and using the Better Sources software to find products, it was so easy just to have Chris tell me what product to sell and where to find it.  Now, I find myself checking the member’s blog every day and to my dissapointment there has been nothing more.

To me it is kind of interesting from a psychology standpoint.  Here I am doing well and have become a self-proclaimed expert at finding products myself, but the second someone hands me one I just want more and more.  So, Chris, POST MORE!

Well, I suppose I should get back to finding products for myself.  Wish me luck!

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.