Friday, January 6, 2017

D&D Mystara Monstrous Compendium Appendix

Bought: $0.00 Sold: $14.99 Fees: $2.35 Profit: $12.64

Another of the D&D books. I made a profit on this lot a long time ago, so it's all profit now. I'm glad that these keep selling. This is actually the third D&D this buyer has bought from me, and he lives in Ottawa!

Thursday, January 5, 2017

Curious George Book Bag

Bought: $2.25 Sold: $40.00 Fees: $4.58 Profit: $33.17
Chris' 5% Commission: $1.66

This is a pretty cool Curious George book page that Chris found at VV. I couldn't find any comps on eBay so put it up for $50, and took a best offer of $40. It was made for the movie, and not the books, so it's pretty new. It had a few flaws (like missing a zipper) so I'm happy with the ROI.

Sunday, January 1, 2017

Beavis and Butt-Head Bobble Heads

Bought: $6.31 Sold: $39.99 Fees: $4.52 Profit: $29.16

I found these together but in two separate hanging baggies at VV, but thankfully I saw both. They are bobble heads made by Funko and they make sound effects when their heads bob. The batteries were dead, but sold without them, and cleaned them up a bit and they sold in less than 24 hours. Also, you can see my new photograph background (I got a light setup for Christmas) and I think it looks pretty good!

Playmobil 3269 Knight's Dragon Rock Castle

Bought: $0.00 Sold: $36.00 Fees: $5.24 Profit: $30.76

This was another Playmobil set from the lot I bought on Kijiji. It wasn't quite complete, and I was asking $50 but I took an offer of $36 mainly because it was a huge box taking up a lot of room, and I've already broken even on the lot and so it is all profit at this point, and it's the start of a new year so eager to make sales. 

Total profit from this entire lot so far: $66.69

Hap-P-Kid Toys Star Wars Starriors Space Ship

Bought: $3.38 Sold: $17.00 Fees: $2.45 Profit: $11.17

This is a toy spaceship that is quite possibly one of the ugliest ones I've ever seen. When I saw it in VV, I knew it I had to buy it because it was so odd. Doing some research and it turns out it is actually called the "Star Wars Starriors Space Ship." How they weren't sued by LucasFilms I don't know. That being said, it is clearly a knock off item and I wasn't sure it would ever sell, but I listed it and forgot about it. This was probably bought late 2015, but it finally sold! Not a huge profit, but it is just such a ridiculous item that it was worth the sale.

End of 2016

My first full calendar year of flipping has come to end.
As I sit here doing my numbers, I cringe at the thought of what I'm going to owe in tax...

2016 by the numbers:

I sold 400 items.
I spent $3,270.34
I sold these items for $17,158.75
I paid $1,761.48 in fees to eBay.
I made a profit of $13,913.85

I am pretty impressed that I sold exactly 400 items last year. That being said, it is time to look forward to 2017. My store finally has over 500 items in it (I actually finally broke that hurdle on December 31st). I am hoping that larger inventory means more sales. When I started 2016 I had just over 100 items in my store. I am hoping that in 2017 I can break $20,000 in profits. It's a large goal, but have to aim for something!

December Recap

I sold 33 items.

I spent $347.46 on those items.
I sold those items for $1,784.30
I paid $185.61 in fees to eBay.
I made a profit of $1,251.23

I sold 4 things on consignment and made $64.54

From my Flipping Experiment with Chris:
We sold 9 items
We sold these items for $320.44
We paid $56.39 in fees to eBay.
We made a profit of $264.05 - meaning $132.02 each

My total profit this month was $1,447.79

The end of the year, and I almost made my target of $1,500 a month. I had consistent sales, with over one a day on average. I had no sales for almost a week leading up to Christmas, so these sale figures are really for three weeks. Sales picked up a lot right after Christmas (people spending Christmas money and/or buying themselves the gifts they wanted but didn't get). If last year is any indication, I am hoping for a profitable January! Bring on 2017!