\t\t\t\tI 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. <\/p>\n
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.<\/p>\n
Here is the break down:
\nPurchased Collector’s Item ~$100
\nshipping ~ $35 (it was fairly large and I lost money here)
\nPaypal fee on $185 $5.67
\nEbay final value fee 10% 18.5 <\/p>\n
Sold for 188% of Purchase cost
\nNetted only 27%<\/p>\n
Cost ~ $159
\nSale $185
\nNet ~ $26<\/p>\n
At 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.<\/p>\n
Anyway. Now I know, and knowing is half the battle.\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"
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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1385","post","type-post","status-publish","format-standard","hentry","category-economics-politics-sociology-and-culture"],"_links":{"self":[{"href":"https:\/\/artedetimo.com\/index.php?rest_route=\/wp\/v2\/posts\/1385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/artedetimo.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/artedetimo.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/artedetimo.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/artedetimo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1385"}],"version-history":[{"count":0,"href":"https:\/\/artedetimo.com\/index.php?rest_route=\/wp\/v2\/posts\/1385\/revisions"}],"wp:attachment":[{"href":"https:\/\/artedetimo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/artedetimo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/artedetimo.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}