Author: admin
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Case study on selling auction-style online
I bought a limited edition collectors item a while back at a huge discount; like 70% off, thinking I could make some money on it by selling it later on that Auction Site. I held on to it until there were none on the market, and the selling season was hot. I did my best to get the most I could for it.
Obviously, I’m not a professional seller, and don’t have the process down to a science, plus I wasted some time trying to selling craigslist, but I wasn’t a noob about this. Even so, if you take that wasted time out, and the fact that I had my money tied up for quite a long time sitting on the item, this is a very, very poor way to make money. Maybe, if I could sell a dozen a day in this price range it might be worth the effort, but I can’t see ow to make this sort of thing profitable.
Here is the break down:
Purchased Collector’s Item ~$100
shipping ~ $35 (it was fairly large and I lost money here)
Paypal fee on $185 $5.67
Ebay final value fee 10% 18.5Sold for 188% of Purchase cost
Netted only 27%Cost ~ $159
Sale $185
Net ~ $26At the end of it I made less than $20 an hour. I feel like I just worked for a big online retailer to earn them free money while I was paid minimum wage. I feel like I was working for a fast food joint or something. Jaded! I’m not sure how anyone could stay with this sort of endeavor, even if they had a very good source of low price products. It would be much better to actually go to work for a coffee shop and hopefully earn benefits on top.
Anyway. Now I know, and knowing is half the battle.
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Apples!
First time multiple grafts have produced in the same year. Small in numbers and size but very true to variety and yummy!
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The chicks have hatched!
After 21 days, six chicks hatched from nine eggs. One egg never developed, called a “yolker”. One developed for a week, then stopped, called a “ringer”. The final loss was one that developed the full three weeks, and pipped, cracked the egg and took a breath, but then never was able to hatch. I don’t want to open it up to find out why, but it could have been impropper development, or it could be that the membrane was too thick or dry for it to break loose.
Three of the hatched chicks are males, or cockals, and three are pullets. I know this for a very specific reason.
These eggs came from a cross between a Barred Rock rooster, and an Easter Egger hen. Because of the sex specific color genetics of avians, certain color genes get passed on in very specific ways.
So in this case, since the parents were a cross, a Gene in males for a white spot on the head was expressed, but not in females. This is called “sexlinked” and my chicks were thus labelled male and female, where normally I would have no idea.
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Day 7
The dark spot is the growing embryo. To be honest, I’m surprised any of them have grown this long. Fingers crossed, they keep going for another couple weeks.