Discussion in 'Classic Menswear' started by HansderHund, Jul 27, 2012.
What's your mark up on thrifted goods as a percentage?
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It should. My eBay URL is http://stores.ebay.com/theneedmachine/ and I'm sure if I changed my store name, the URL would change as well.
Devoted Stye. Snort. And we're supposed to entrust the education of our children to the likes of you...?
Hah! Thinking about rocking some alliteration, Gallant Garbs or something along those lines. This is fun for the time being!
edit: Yup, Gallant Garbs it is, a definite step up from a devoted stye...
From my spreadsheet:
Average purchase cost of item: $6.82
Average profit after all fees: $17.42
That profit after fees may not be high enough of a threshold for many, but for me it works, as this is just a weekend hobby. I'm getting smarter as to what items to buy and what to pass on since starting in March-ish. Ties are often a lower average profit, but also take me very little time to list.
The amount you pay for something in a thrift store should have ZERO correlation to the percentage markup you sell it for.
Here it comes.... someone saying you have to make 3x or 5x your money to make it worth your time etc etc etc. As an in general question, buy items for cheap you know you can sell for a lot. There is no set percentage as the cost basis varies between $1 for a tie and $10 for a tie. I'm going to sell that same tie for $40 or $50 no matter if I pay $1 or $10. Im just happier when I can find it for $1
Now if you ask, how much should you make on each item...that is a different question
PS - Just because I was curious after the post above.... Just this month for items I thrifted and sold.
Avg Price - $13.43
Avg Net Profit (after all fees) - $49.78
Best way to determine price is to see what similar items have sold for on eBay. Search item and filter by "Completed" and "Sold" items.
Just stumbled across an effect that I don't think I've seen before. Charvet Place Vendome - based on the angle you're looking the hue changes pretty dramatically. It's not as noticeable when laid flat, but any fold or angle has a pretty distinct effect. Is there a name for this? Thanks!
Speaking of ties, I have listed two PRL knit ties. Not sure if you can see it, but there seems to be a very faint ridge running down the middle of the brown one. I've examined it carefully, and there's no damage/pulls, that's just how the tie is sewn at the back. Is this normal? I've never handled knit ties before so I'm not sure.
I pretty much agree. I don't have a formula, but if I did it would incorporate the price I paid for each item, but would put a heavier weight on profit to work ratio. Ties are nice because they don't require much of an investment, but also because they're pretty easy to shoot, compared to putting a suit on a mannequin, shooting all the angles, noticing the fucking cat hairs in the photos, lint brushing the suit, re-shooting etc.
From Wikipedia: Iridescence is the property of certain surfaces that appear to change colour as the angle of view or the angle of illumination changes. Examples of iridescence include soap bubbles, butterfly wings and sea shells, as well as certain minerals.
those would maybe fit japanese GAYisha...
well that's why your cat looked like he did something awful... she just rubbed herself on your suits xD
Sounded funny in my brain
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