eBay Selling

Every once in a while, it’s important to take a look at your numbers and see if you’re really doing as well as you think you’re doing. If you’re on the mid-month billing cycle like I am, your invoice is completed today for all of your eBay fees for the past month.

Sometimes it seems like the amount they are charging for the amount of sales you did seems like too much. If you’re really wondering, there are a few factors to look at.

The first of these are your eBay fees for the month. Write those down and add to them a flat .03 of all of your sales and shipping, plus .30 for each sale to cover your PayPal fees. Then, add in what you paid for the items if you bought them specifically to sell. if you use envelopes or mailers that you have to buy, add that in as well.The sum of all of these number is how much it cost you to sell for the month. Did what you brought in take care of that?

Look at your raw sales figures for the month. You can do that in My eBay by setting it to the one-month view. Take that number and subtract the number you figured. There may be less there than you thought. The reason for this is that PayPal takes a pretty big cut, and eBay’s final value fees have risen considerably over the last two years. You also have to factor into your sales figures all of the items that you listed but that didn’t sell. Those fees add up too, and they can take a bite out of the amount that you did make.

If you don’t like what you see once you do this, you need to drastically change your eBay selling strategy. You may need to sell something different, raise your prices or find a different product distributor.

Trackback URI | Comments RSS