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Buying and Selling on eBay: Tips, Tricks, Problems & Questions - Page 396

post #5926 of 15364
Quote:
Originally Posted by tonylamer View Post
 

I was looking for a "black tie" when this turned up. I see this seller's listings all of the time, usually touting "EXQUISITE" '90s low-gorge 4-button Canali unvented orphan jackets for $350. I thought that all might get a kick out of this $5,000 Armani tie. Yes, that's not a seller's typo--it's actually listed at $5,000. (A beautiful one-picture listing without even a shot of the whole tie.) Why is it five grand? Because, "i dont really want to part with this one.."

 

Oh, and it's $5,000 plus $30 shipping. So for $5K the seller won't even throw in shipping. He'll go one further and actually overcharge you for it.

 

 


I think he is a SF member, I just found that listing and he is now giving free shipping!!!

 

post #5927 of 15364
Quote:
Originally Posted by Evil Abed View Post
 

I found some pants I had bought a long time ago, 3 pairs of identically sized pants obviously from the same owner, in black, dark grey, and middle grey. All from a well known designer's fall/winter line, they should sell somewhat easily.

My question is, do you guys think I'd net more selling them separately, or all three together? I figured it might be appealing for someone to score their entire fall pants wardrobe in one fell swoop (and of course it would be much easier sending them all to one place). 

100% separate but put links or a note in there that you have same pair different color also for sale.

 

 

 

 

 

We've reviewed your concerns and have reversed the outcome of the case. You don't need to take any additional action to reimburse eBay for the refund paid to the buyer, and eBay will make no further attempts to seek reimbursement from you.

Because we decided in your favor, this case, any feedback left, and all detailed seller ratings left, will not affect your seller performance. In addition, any feedback left for this transaction will be removed.

 

:slayer::slayer: This was for a $135 jacket. Have another case I "lost" that they said they would reverse when the item is returned.

post #5928 of 15364
Quote:
Originally Posted by capnwes View Post

+1

Simply put. If you are selling your own personal stuff, which was purchased at retail and sold for a loss, you don't need to file. On the other end if you are selling for profit, which I hope you all are, you need to file. No matter how small the profit is.

I would imagine a red flag being raised when you finally do hit the paypal 1099 mark. "Oh hey. Look at this guy, he sold $20,000 in his first year if selling on eBay. Must have a knack for it." Remember a tax auditor can search through previous tax years. Hate for anyone to find out the hard way that they should have been paying all along.

I, like quite a few here, I'd imagine, are well over 20k in their first year of this.

 

Quote:
Originally Posted by hbkshin View Post
 

Quick tip to those who buy from thrift stores and flip for profit on eBay who are pretty new and lurk for information like I did at one point.

 

Don't thrift everything Spoo thrifts thinking it'll net you profit. I learned that a while back and still have a hard time passing up thousands Bert Pulitzer ties because "what if..."

If you're in a high fashion wasteland, you should get what you can. The only reason I find half the stuff I do is because I probably spend 8 hours a week in thrift stores.  Add in listing and I have a solid part time job/addiction.

 

Quote:
Originally Posted by Evil Abed View Post
 

I found some pants I had bought a long time ago, 3 pairs of identically sized pants obviously from the same owner, in black, dark grey, and middle grey. All from a well known designer's fall/winter line, they should sell somewhat easily.

My question is, do you guys think I'd net more selling them separately, or all three together? I figured it might be appealing for someone to score their entire fall pants wardrobe in one fell swoop (and of course it would be much easier sending them all to one place). 

High fashion, and you may be better off selling one by one.  Staple, maybe better in lots.  I just sold 3x Brooks pants 34/32 Black, Gray, Khaki a couple hours after listing as a lot for $110.

 

Quote:
Originally Posted by gerbilunit View Post
 

how likely is it to sell a kiton shirt or isaia shirt with embroidery on it. theres 2 small initials, but rather on a cuff or pocket, its  on the lower chest portion of the shirt. any ideas if this is worthwhile on the bay?

If you are risk averse, sell as is.  If you like to gamble, see if you can get the embroidery off.  Also, on the Isaia, make sure the "initial" isn't actually shaped like a piece of coral.:thumbs-up:

 

Quote:
 

 

:slayer::slayer: This was for a $135 jacket. Have another case I "lost" that they said they would reverse when the item is returned.

Good on ya!

My $450 chargeback was reversed this week too.  Had to call PayPal, didn't happen automatically, but it happened, and that's what matters.

post #5929 of 15364
Quote:
Originally Posted by hbkshin View Post
 

Quick tip to those who buy from thrift stores and flip for profit on eBay who are pretty new and lurk for information like I did at one point.

 

Don't thrift everything Spoo thrifts thinking it'll net you profit. I learned that a while back and still have a hard time passing up thousands Bert Pulitzer ties because "what if..."

 

 

 Words of wisdom....

 

 There's so much stuff I find that I know I could sell for a profit, if I had a brick and mortar store or a much more well-established Ebay Store. Learning which stuff to pass on is how you get the experience... As your feedback grows, more and more people will trust that you are a legit seller and not some shady fly-by-night type who's going to take their money and run.

post #5930 of 15364
Quote:
Originally Posted by Fueco View Post
 
Quote:
Originally Posted by hbkshin View Post
 

Quick tip to those who buy from thrift stores and flip for profit on eBay who are pretty new and lurk for information like I did at one point.

 

Don't thrift everything Spoo thrifts thinking it'll net you profit. I learned that a while back and still have a hard time passing up thousands Bert Pulitzer ties because "what if..."

 

 

 Words of wisdom....

 

 There's so much stuff I find that I know I could sell for a profit, if I had a brick and mortar store or a much more well-established Ebay Store. Learning which stuff to pass on is how you get the experience... As your feedback grows, more and more people will trust that you are a legit seller and not some shady fly-by-night type who's going to take their money and run.

b&m really... high overhead costs and limited to only people who walk in vs the entire ebay world...

 

I seriously have no clue how some stores are in business

post #5931 of 15364
Quote:
Originally Posted by Steve Smith View Post

This stuff is not rocket science. Take a look at the 1040 Schedule C to get an idea of how it works. This is a schedule which attaches to your form 1040 (aka tax return). The schedule C is for a sole proprietorship, which is the business entity which you have by default chosen if you have not formed another entity (corporation, LLC).

http://www.irs.gov/pub/irs-pdf/f1040sc.pdf

 

It seems that I have offended one or two senior contributing members of this thread with my prior post. I apologize for causing offense, and have edited my post to remove the controversial comment.

post #5932 of 15364
Quote:
Originally Posted by Acme View Post
 
Quote:
Originally Posted by Steve Smith View Post

This stuff is not rocket science. Take a look at the 1040 Schedule C to get an idea of how it works. This is a schedule which attaches to your form 1040 (aka tax return). The schedule C is for a sole proprietorship, which is the business entity which you have by default chosen if you have not formed another entity (corporation, LLC).

http://www.irs.gov/pub/irs-pdf/f1040sc.pdf

 

It seems that I have offended one or two senior contributing members of this thread with my prior post. I apologize for causing offense, and have edited my post to remove the controversial comment.


I dont think you 'offended' anyone, more so that this is a place where people come for advice and if you give advise that could seriously affect someone (like not paying taxes) that just isnt a good thing. Water under the bridge :)

post #5933 of 15364
Quote:
Originally Posted by Brianpore View Post
 

b&m really... high overhead costs and limited to only people who walk in vs the entire ebay world...

 

I seriously have no clue how some stores are in business

 

 True enough...

 

 There's just a lot of stuff that I find that I know are worth quite a bit more than they are sold for. But getting them to the masses is the tricky part... If I had a super-high volume Ebay store, I'd be happy with $4-5 profit after fees. But that just doesn't work at the small scale that is needed to boost feedback scores. I keep thinking "When I get to xxx feedback, my business will skyrocket. It hasn't happened yet. Is there a magic number?

post #5934 of 15364
Quote:
Originally Posted by Brianpore View Post
 


I dont think you 'offended' anyone, more so that this is a place where people come for advice and if you give advise that could seriously affect someone (like not paying taxes) that just isnt a good thing. Water under the bridge :)

 

Thanks.

post #5935 of 15364
Quote:
Originally Posted by Fueco View Post
 

 

 True enough...

 

 There's just a lot of stuff that I find that I know are worth quite a bit more than they are sold for. But getting them to the masses is the tricky part... If I had a super-high volume Ebay store, I'd be happy with $4-5 profit after fees. But that just doesn't work at the small scale that is needed to boost feedback scores. I keep thinking "When I get to xxx feedback, my business will skyrocket. It hasn't happened yet. Is there a magic number?

I believe feedback is the very smallest portion of success on eBay.  It is expected to have perfect feedback from any user on eBay.  Your business will skyrocket when you put in enough hard work to allow it.  Those with high volume stores don't just sit back and watch it sell, they have to list even more rapidly due to the increase in sales that a high volume store will generate.  Its like a downhill snowball.  

 

Quality items that appeal to your customer base, and consistency is what will warrant success in a store.  Consistency grants trust, trust grants chance, and a chance is all we need to make it.

post #5936 of 15364
Quote:
Originally Posted by Snoogz View Post

I believe feedback is the very smallest portion of success on eBay.  It is expected to have perfect feedback from any user on eBay.  Your business will skyrocket when you put in enough hard work to allow it.  Those with high volume stores don't just sit back and watch it sell, they have to list even more rapidly due to the increase in sales that a high volume store will generate.  Its like a downhill snowball.  

Quality items that appeal to your customer base, and consistency is what will warrant success in a store.  Consistency grants trust, trust grants chance, and a chance is all we need to make it.

That's all true, but there is a point at which you don't doubt the other person in a transaction is legitimate. When I see feedback in the single or double digits, I can be a bit leery. But if someone has been around Ebay enough to have good feedback, I'm far more likely to trust that they aren't going to scam me. Obviously, this works much better for sellers since buyers cannot get negative feedback.

I disagree that entirely positive feedback is expected. If you haven't run into a bad apple on Ebay then you will most likely have perfect feedback. Everyone knows that there are truly shitty customers out there. If I had feedback based on my years working retail, there'd be a lot of neutral feedback and I doubt I'd have over 95%. But on Ebay it's easier to hide disdain for idiots... ; )
post #5937 of 15364

Is getting your buyers to give you feedback like pulling teeth for anyone else? Cause I'm super new to eBay and none of my buyers have left feedback, which is kinda killing me.

post #5938 of 15364
I don't push feedback. I let it come in as it wills. You don't want to be too pushy and wind up with a negative.
post #5939 of 15364
Quote:
Originally Posted by SpecialK2k12 View Post
 

Is getting your buyers to give you feedback like pulling teeth for anyone else? Cause I'm super new to eBay and none of my buyers have left feedback, which is kinda killing me.


Yes, I sold 15 items a few weeks ago and 4 people have left feedback. I am new to selling as well. At this rate I may pass 1000 feedback in time for the meteor to hit the earth in March 16, 2880.

post #5940 of 15364
Quote:
Originally Posted by SpecialK2k12 View Post
 

Is getting your buyers to give you feedback like pulling teeth for anyone else? Cause I'm super new to eBay and none of my buyers have left feedback, which is kinda killing me.

 

Don't stress, it will come. I find that probably 60% of my buyers bother to leave feedback. Just keep selling and you'll get there.

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