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My £5k by Christmas challenge
Comments
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Back home from an evening away with the other half and found I've hit the £2,000 mark in my challenge!
Chances of making another £3k before 24th December? Slim to non-existant, but it's been a great motivator.
Caz0 -
Well done on the 2/5ths!
Is your ready made stuff selling? I'm thinking people may prefer that to bits'n'bobs for Xmas presents. Anyone making presents themselves would be stocked up. Except we have a whole four weeks to go yet.
BTW, any of that profit? For a fat juicy turkey?
Myself I'm not even making enough to cover my Ebay fees! Grrr. And I wanted to pay for the ski trip (only way hubby agreed to go! whoops!). I'm losing all faith in my abilities.
It's all such quality stuff as well! :rotfl::wall:0 -
Out of the ready-made stuff so far, I've got 1 with a bid and 2 others with watchers, otherwise zip. Either it's the new seller thing, or I'm just not that good an earring maker!
Let's see, profits...well, I've spent £1.5k on stock, but a lot of that was on introducing new lines and getting my stock levels back up to where I know they have to be for me to not run out of things, so I've sold about £900-worth of it and the rest is listed. Ebay fees for the period £380, Paypal about £95, postage £155, packaging - gods, no idea, I buy in bulk, so it's 6p a jiffy bag - probably £30.
So a rough P&L:
Sales: £2048
Less:
Stock: £900
eBay fees: £380
Paypal fees: £95
Postage: £155
Packaging: £30
Subtotal for costs: £1560
Total profit: £488
Which, amazingly, after I've put 25% aside for tax and NI, does actually cover my living expenses for the 7 weeks it covers! :T :T :T :T :T0 -
well done..... and good luck for the next few weeks.. hope you meet yuor target.....
i am hoping to turn my hobby into a business in the new year......and ebay will be one of the main selling places for me....
kriss_boy.......sounds as though you know your stuff there is a guy near where i live..... and he makes fantastic guitars..... bassed on the les paul gold top etc....
as for importing guitars...i bought my hubby an ernie ball limited adition bass.... which i could not import/buy directly, i had to buy it via a music shop which dealt with a registered buyer/importer with ernie ball.. which prob.. hiked the price up... only 150 made... so still pleased though....at an auction lose by i have seen the old woolworths specials so to speak go for silly money....
i love reading this thread.... giving me the kick up the butt that i need to try and turn my hobby into a business....
look forward to seeing how you do...Work to live= not live to work0 -
This morning's update - nearly at £1500 for the month, which is my all-bills-are-paid figure :beer:
And out of the four pairs of earrings I listed last Sunday, at 99p each, 3 lots have sold :T - 1 for the starting price and the other two pairs for £2.42 each :j :j :j :j
OK, it's not a fortune, but it's something I can do in a spare 10 minutes that's profitable!
Caz0 -
kriss_boy wrote:In about 3 mins someones about to be ripped off to the tune of £800.
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=170050305942
Ive tried emailing the bidders and Ill email the winner. The guitar pictured is a copy and is not the real thingy. Finish doesnt tie in with those produced in 96. headstock silkscreen isnt correct. Everything about it. arghgh.
I feel a moral obligation to email people. I see this stuff everyday. I hinted at ebay paying me to warn people but got know where.
!!!!!!!!!!!!!!!!!!! Come on - treat as you wish to be treated.0 -
I just logged out of my main selling ID to go to my other one, when something caught my eye on the interim page.
On that page, there's a blue bar with Continue Shopping on eBay on it, and then underneath there's a yellow bar with Popular eBay Shop, which has links to shops that are frequently saved in Favourites by eBay members.
My shop was one of the links!!!!!
:j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j
I know they're probably picked at random out of a huge list, but that's absolutely made my day!
Caz0 -
COOLTRIKERCHICK wrote:kriss_boy.......sounds as though you know your stuff there is a guy near where i live..... and he makes fantastic guitars..... bassed on the les paul gold top etc....
Well Ive come out of retirement so to speak
Hadnt bought a guitar since Januray or so, then at the the weekend I spotted two I just couldnt refuse. I dont know why but guitars sell cheaper at xmas in the states. Maybe more are listed and the prices are driven down but I just got two of a particular guitar, both approx $1500 each
One was a plain custom which should been about $1800 and the other shoulda been well over $2000 so I got major bargins. BOTH were USA shipping only but I bought them now and sweet talked the sellers later :T
Both of those will be delivered to by door for under a grand!! And they would get at least £1200 on the UK ebay, probably nearer £1500 each.
Im not selling them one because I no longer trade :A0 -
cazmanian_minx wrote:I just logged out of my main selling ID to go to my other one, when something caught my eye on the interim page.
On that page, there's a blue bar with Continue Shopping on eBay on it, and then underneath there's a yellow bar with Popular eBay Shop, which has links to shops that are frequently saved in Favourites by eBay members.
My shop was one of the links!!!!!
:j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j :j
I know they're probably picked at random out of a huge list, but that's absolutely made my day!
Caz
Sound like someone is selling enough to be noticed!
What's it like seeing your name in lights?:wall:0 -
Agutka wrote:Sound like someone is selling enough to be noticed!
What's it like seeing your name in lights?
Pretty blooming well good, I'll tell you that :beer:
Also feels pretty good that I'm less than £100 from the half way point of my challenge :T
Caz0
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