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Buying and Selling on eBay: Tips, Tricks, Problems & Questions - Page 258

post #3856 of 18148
Quote:
Originally Posted by stevent View Post

Quote:
Originally Posted by DanM View Post

I added him to my blacklist - he flipped a suit purchased from me last month. I may not be able to command his prices, but I'm the one that had to flip through a hundred stafford suits to find one thing worth flipping, and I'm not interested in passing stuff to him so he can make 2-3x the profit.

He's willing to pay you your asking price for the item, don't see what is wrong with that.

That's your right to blacklist him DanM, but IMO he did nothing wrong. If he was either a) the high bidder, b) used the BIN, c) made an offer you accepted, then why should he not be able to resell it or wipe his ass with it. It's the same to you and took you the same amount of time to find it and made profit off of it.

 

You would rather sell it to someone for less money?

post #3857 of 18148
Quote:
Originally Posted by chiron View Post

 

On a side note there is a seller from Chicago who lists items (ties,shoes,suits) 70-80% of original retail price. The seller ends up selling over 20-30 items a month at those prices. Dont be afraid to ask more in BIN/BO if it does not sell then lower the price. You will be surprised how many buyers look for items in higer price ranges. 

+1 - I just thrifted this tie last week. Really liked it but hey figured I'd toss it up with a higher then usual BIN price.... Ermenegildo Zegna Blue White Gold Stripe Repp Silk Tie - 3.50"

 

Already sold, paid and shipped. Didnt even make an offer.

 

Bummed to see it go, but I can thrift 20 other ties over the next month for the cost of that single one. I wouldnt have sold it for $30 less though.

post #3858 of 18148
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Originally Posted by ATLnoob View Post

 

Same for me - bought a Luciano Barbera SC from me and relisted it at 3x the price.  I haven't bothered to check if it sold or not - don't want to know.  But it's a lesson in patience - as others have said - if you have a nice item and decent pics, don't under-sell your item, and wait for the right buyer to come along.

 

It's the difference between what eBay used to be--an auction 'site--vs. what it is now--an electronic mall. I sell using auction listings whenever I can, but I'm tired of certain things getting snatched up and flipped. I could mitigate that by charging for shipping (everything that I sell comes with free shipping), but I hate when people do that to me. I just can't bring myself to charge $35 to ship a dress shirt from Toronto to New York and then pocket $20 as a handling fee.

 

(Though I'll say that when I sell things on the B&S for "forum" prices, it really, really bothers me when I see them up on eBay.)

post #3859 of 18148
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Originally Posted by sn0wman View Post

 

Weird.. my malware protection program keeps blocking the site -- calling it a potentially malicious site.  Never seen it do that before.

Me too, Malwarebytes won't let me visit the shoe archive.  Malewarebytes no likes my shoe knowledge.

Quote:
Originally Posted by HansderHund View Post


Orgetorix hits it on the head and everyone else had great advice as well.


Re: free shipping/buy it now/auction style listings

I played around with it for awhile and settled on most listings as buy-it-now. I almost always get the max out of them that way, but it can take some time. What I've recently started (and been very happy with) is having listings last 30 days and then turning them over to auctions. I'm more confident with it, especially items that had 5-10 watchers that never bought. The items had been listed, so I have an idea of what type of traffic they'll get. Things that have little traffic will stay as buy-it-nows. It's a good way to balance maximizing sale prices while maintaining turnover. The auctions also add a boost to my traffic and have combined a couple of sales as a result of them.

I'm the same way with BIN/auction.  If you have the patience and the storage capacity.  I typically don't ever put suits or pants on auction.  Unless I know they're going to be hot, like Naked and Famous jeans or something like that.  I had my best selling week the week I auctioned those.  I'm assuming it was ancillary traffic.

The only rule I am breaking is I'm still not picky enough.  Half priced Wednesday has me buying things I really shouldn't.  I just freaking LOVE thrift shopping, it's a serious addiction.  I walk into the GW and it's like they have money hanging on the racks.  Why would you not go every day when they have money hanging RIGHT THERE. Holy shit I need help.

 

Quote:
Originally Posted by DanM View Post


I added him to my blacklist - he flipped a suit purchased from me last month. I may not be able to command his prices, but I'm the one that had to flip through a hundred stafford suits to find one thing worth flipping, and I'm not interested in passing stuff to him so he can make 2-3x the profit.

everyone else beat this to death.  (S)He's even bought from little old me.

Quote:
Originally Posted by JabbaTheSlut View Post

Thanks for the advice guis. I've probably read over 2000 pages in the thrift thread by now, so I've gotten a good idea of what sells and what doesn't. (Also a damn lot of trial and error.) I'm still always confused when people do a BIN on John W. Nordstrom ties for $30 yet no bids on my nicer BB stuff. Do you think a mannequin would be a good investment for shirts/suits?

Bust Mannequin IMO, but there are guys out there taking good flat pics.

post #3860 of 18148

JAB - anyone sell it?  I see it non-stop; out of 100 SC's and suits, Jos A Bank easily comprises 20% of what I see in some shops...to me, it's low-end dreck, but looking at eBay sold listings, the stuff can sell for 10x what I would pay.  Thinking of setting up a 2nd seller ID to list JAB, bundled lots of PRL etc.

post #3861 of 18148
Quote
Originally Posted by ATLnoob View Post

JAB - anyone sell it?  I see it non-stop; out of 100 SC's and suits, Jos A Bank easily comprises 20% of what I see in some shops...to me, it's low-end dreck, but looking at eBay sold listings, the stuff can sell for 10x what I would pay.  Thinking of setting up a 2nd seller ID to list JAB, bundled lots of PRL etc.

Only stuff I'd touch is the platinum signature line which was made by Zegna.

 

Just looking quick

Suit - Size 40

98 of 195 sold = About 50%

Avg. selling price seems to be about $40 (a lot dont sell at $49+shipping).

 

Not worth my time to take 15 pictures (my standard for a suit) + measurements, etc. Even if I buy it for $5 I'm only going to make at MOST on avg.

 

$50 Sold (free shipping)

$5 ebay fee

$2 paypal fee

$10 avg shipping (ranges from 7-15)

$5 cost

_______________

$28 Net before taxes

30% ??? in taxes

 

$20 Profit after taxes.... not what I call ideal for something that involves so much effort and there is no guarantee you sell it for $50!! If you sell it for $40.... you get the point.

 

 

I'd much rather pick up a $3 Brooks Brothers Slim Fit shirt, snap 4 pictures and sell it for $25 any day of the week.

post #3862 of 18148
Man I wish BB shirts were $3 around here...$10 at least across the board, no matter the shop or condition of the shirt.
post #3863 of 18148
Quote:
Originally Posted by ATLnoob View Post

JAB - anyone sell it?  I see it non-stop; out of 100 SC's and suits, Jos A Bank easily comprises 20% of what I see in some shops...to me, it's low-end dreck, but looking at eBay sold listings, the stuff can sell for 10x what I would pay.  Thinking of setting up a 2nd seller ID to list JAB, bundled lots of PRL etc.


I sell JAB all day, I pick it up for 5-10$ and easily sell it within 5 days for 55+...Especially staple suits.

Granted its not a huge money profit, but margins are good.  And it drives traffic...so why not.

 

Again, where I reside, I sometimes have to settle for low tier items to sell because well, there just isn't enough turnover to warrant high end wear all the time.

 

 

If it sells, and for great margins, I jump on it.

 

 

why open a different account for JAB & PRL stuff?  Just sell it on ur normal store.

If it sells, and you can make money, why worry about the brands people see in your store?

IMO nothing to be ashamed of, if that is your worry.  Have you built an image of top tier items only, that breaking that tradition will lose you customers?

 

 

EDIT: I do have to say, If I recall correctly, most of the JAB thus far I've flipped have been large sizes.  I wana say 48,50,52.  Those seemed to move quick.

Heck I sold a 54R HSM suit few weeks back within 2 hours for 60+ (if I can remember correctly).

post #3864 of 18148
Quote:
Originally Posted by Orgetorix View Post

Jabba and HBK, I'm small potatoes when it comes to selling, but from what I've seen here, the best way to drive traffic and bids to your auctions is to be a reputable seller, build good feedback, be responsive to buyers, ship promptly, and have a consistent volume of stuff for sale that makes buyers want to come back. Plus the usual stuff like taking good pictures, listing flaws honestly, etc.

And to have auctions that wowniceshirt buys. Then you've really hit the big time.

Quote:
Originally Posted by DanM View Post

When you flip from BIN to auction, how much do you change your starting bid to?


Quote:
Originally Posted by capnwes View Post

He can flip from me all he wants. I'd do it to him if I had the chance. As long as I get my starting bid I double my money. Don't sweat it. Business is business......especially in the slow summer months.

+1
Quote:
Originally Posted by txwoodworker View Post

The only rule I am breaking is I'm still not picky enough.  Half priced Wednesday has me buying things I really shouldn't.  I just freaking LOVE thrift shopping, it's a serious addiction.  I walk into the GW and it's like they have money hanging on the racks.  Why would you not go every day when they have money hanging RIGHT THERE. Holy shit I need help.

+100
post #3865 of 18148
Quote:
Originally Posted by Snoogz View Post

Lol@spoo.

Mac4life.

For the record, I "liked" this because of the lol. I make no endorsement of the second half.
Quote:
Originally Posted by suited View Post

Yeah, as soon as I realized that this wasn't going to be tax free (and how much time it was going to consume), I started passing on things I might have otherwise purchased, just because the margin wasn't really worth it. This is especially true for things like shirts, because they require the most prep work for the photos. If it's a pair of shoes, not a big deal since those can be photographed in a jiffy and there aren't a bunch of measurements I need to take - so I'd be okay with a smaller margin there.

I do use some $0.99 auctions every once in a while. If I find some shirts that aren't in great condition, I will auction them at 99 cents. I've done it on occasion for nice things, too, just to drive traffic, but it only makes up a very small % of my items.

I still sell shirts. Partially I'm selling stuff that's getting bumped out of my closet as I upgrade. Partially I'm selling stuff I just can't bear to see go to the scrap heap. But primarily I see them as loss leaders. I have absolutely no scientific or statistical evidence to back this up, but I seem to notice a nice uptick in BINOBO purchases during weeks I have better shirts and ties in the auction category. So a $5 margin on a $5 shirt (which is still doubling my money, btw) amounts to much more when you factor in the related sale.
Quote:
Originally Posted by chiron View Post

The best exposure is from forums like this and askandy. (aka your target buyers)

I've often chastised myself for not posting more in the "What I'm selling on Ebay" thread. Do folks notice a difference? I barely tread water on this thread and everything else I have going on without another thread....



My local had their periodic sale. So their wool trou were a scant $1 each. Picked up every last stained-ass wool trou I could find so I could test the following wool-safe stain removal methods:
Water (control)
Weak Woolite solution soak
Strong Woolite solution soak
Woolite with enzyme stain remover pre-treat to waistband
Water with enzyme stain remover pre-treat to waistband
Woolite with detergent stain remover pre-treat to waistband
Water with detergent stain remover pre-treat to waistband
Woolite with Lanolin hand cleaner pre-treat to waistband
Water with lanolin hand cleaner pre-treat to waistband

Unfortunately, I had to settle for an array of colors: only 5 of them are gray, and the rest various shades of blue, green, beige etc. That adds a nasty, undesirable variable, but we shall persevere. If anyone wants to send me your gray trou to advance the cause of science, please do so ASAP. At the moment, I don't have the means to run more than a couple of the methods simultaneously (though I am considering buying a bunch of cheap garbage cans or storage bins at the local Christmas Tree Shop....), so this may still take me a couple of weeks. (Oh, and my baby comes home tomorrow. So it's not like I'll have anything else going on, or anything) But I shall report results, complete with before/after pictures and field notes, as soon as I can.

Incidentally, I recently did a pure Woolite/warm water bath on a Pendleton tweed that had a stain on the back. The stain was lessened, but I think there was also some color loss. And the kid suede elbow patches went in very soft and came out (after air drying) extremely crispy. Something to keep in mind.

Let the experimenting begin.
post #3866 of 18148

Wow, I started a little storm there.  I'll be the first to admit - I'm a little bitter about how low that suit sold for.  I needed to be willing to list higher and wait for the right buyer.

post #3867 of 18148
Quote:
Originally Posted by DanM View Post

Wow, I started a little storm there.  I'll be the first to admit - I'm a little bitter about how low that suit sold for.  I needed to be willing to list higher and wait for the right buyer.

If ur going into an auction with expectations of a price, I don't think it's always a safe bet to use auction style vs BIN/OBO. Either start the auction price at the lowest ur willing to sell it for, or just BIN/OBO and wait it out.

I've recently switched to all BIN/OBO and love the ease of it. 30 day recycle listing make my Sunday afternoons not so crazy anymore with re listings and new 7 day listings.

I don't I'll ever go back.
post #3868 of 18148

Picked up some Salvatore Ferragamo's today for less than $10 and it looks like someone tried to "protect" them by putting this weird Neolite stuff on the bottom in two spots and a heel saver.  Heel is nailed in, but the other two.. contact adhesive?  Otherwise, they are in pretty nice shape.  Would you attempt to remove it or leave it before the flip?  

 

Thanks!

 

 

post #3869 of 18148
Quote:
Originally Posted by sn0wman View Post

Picked up some Salvatore Ferragamo's today for less than $10 and it looks like someone tried to "protect" them by putting this weird Neolite stuff on the bottom in two spots and a heel saver.  Heel is nailed in, but the other two.. contact adhesive?  Otherwise, they are in pretty nice shape.  Would you attempt to remove it or leave it before the flip?  

Thanks!






Probably just leave it.
post #3870 of 18148
Quote:
Originally Posted by DanM View Post

Wow, I started a little storm there.  I'll be the first to admit - I'm a little bitter about how low that suit sold for.  I needed to be willing to list higher and wait for the right buyer.


I knew it was going to sell for a low bid, just as I know the suits I have up right now will sell for a low bid. But since I usually get sportcoats for $6 and suits for $13, I can really complain when a sportcoat sells for $60.

 

I was just making  a comment about the way of the world.

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