How not to make money.....

:mad:Ok, I have been buying and selling on EBay since 2002 and have over 1200 transactions. You would think I should know better than pull the stupid deal I just did.

I listed an item for a starting price of $5.00 figuring it should sell for $15 or more. Well. It sold ok for $5.00. Here's the breakdown. $2.00 for padded envelope to send order in, $9.65 for postage.:confused:

$5 for item. I charged $6.50 for postage. Total......$11.50

$2.00 for envelope, and $9.65 postage=$11.65. Lost 15cents plus my time. A Bill Gates, I ain't.

in all fairness, I have made a few bucks over the years but the postage keeps going up and shipping is out of sight. This won't happen again as I was so pi..ed at myself I mumbled all the way home from post office.
 

There's economy of scale to be considered as well ... if you're a high-volume operation you can get shipping supplies at a larger discount. That doesn't help the shipping charges themselves, but as Pappy found out you have to include those (with the right numbers! ;)) in your final price.

For certain items I believe there is also available a reduced shipping cost (USPS, anyway) - books being shipped 2nd class, for example.

One of the first things I look at on eBay is shipping costs - usually I'll narrow my search down by using the "Free shipping" specifier. Then I just have to make sure that they haven't overly inflated the selling price.

Example: I recently bought a set of stick-on keyboard letters to fix the faded ones on my laptop. The letters came on a single 3"x5" piece of paper, sent via a regular #9 envelope with a metered mail stamp. Free shipping for me - for them, maybe $0.50, which I'm sure was calculated into the price of the item. I had no complaints.

Years ago, however, I bought an antique Chinese scroll for one of my schools on eBay ... it was 2' wide by 75' long! It came loosely rolled and packed in tissue paper, bubble wrap, another layer of tissue paper and another bubble wrap, cardboard box wrapped in bubble wrap inside another cardboard box ... insured shipping, 1st class, certified, return receipt requested, all that jazz.

The price of the scroll was $300. The price for S&H was $175. :cower:

Normally I would have laughed at the price for S&H and moved on, but this was a one-of-a-kind item, rare, not available anywhere else, and by my calculations the combined price was still cheaper by half than what the scroll was worth.
 

Here too. All of the above. I reckon I could sell free diamonds at a loss. I've bought masses of stuff from eBay but never sold. A relative is very good at it and makes a motza from little bits of junk, she just has the knack of knowing what sells I guess.

The only trading I got lucky at was real estate a few times and a one off deal at a clearance auction.

Story.
The old Bowling Club in a country town had closed and was due for demolition and they were auctioning off everything but the roof.
I was in dire need of a set of non wobbling dining chairs so went along with a friend. She was interested in their garden equipment so we took both cars, luckily.

Well, in those type auctions they don't 'do' dining chairs in small lots of 6. 18 was the smallest lot of the type I wanted. OH!

While I was mentally cussing vehemently two others were standing looking at them and presumably doing the same. We caught each others' eye and proceeded to cut a deal. One wanted 6 for the local Chemist shop for those waiting on scrips to be filled. The other wanted, off all things 3. For a table against a wall. So it was arranged for me to bid and they'd buy theirs from me for $25 each. (They were/are very nice, steel framed, enameled and vinyl padded and around $150 each new.) It was up to me to not go over that limit. Fair enough.

Well, I got them for $13 each but they still stumped up with their end of the deal and took them away happy, and I was left with some cash and 9 dining chairs.
Ever tried getting 9 dining chairs into a sedan??
Even 2 sedans?
I heard a lot of mumbling from my friend about why didn't she bring the ute. I must admit I wondered that myself, luckily she didn't win any of the garden stuff but I wondered how she thought she was going to get a mulcher or huge mower into the car. I suppose she would have just summoned the cavalry, hubby.

It took us a good hour wrestling with those chairs. We weren't either young or old enough then to draw the chivalry of passing fellas.
But we did get them in!
Both cars looked like inverted porcupines with legs like spikes pointing in all directions and even some a few inches out of the windows.

It was an interesting drive home with them, one leg was resting on my shoulder. It was on the New England Highway so we daren't drop below 100kp or risk vanishing under a semi. We got a few 'Whattha' glances from other motorists but fortunately the cops must have been on a break.

It took us almost another hour to untangle them out of the cars and copious coffee was called for... but I got my chairs and made a very rare profit on it.

I still have the chairs, all of them! I brought the extras with me as bedroom chairs. And very handy they've been.
Won't need them when I move though so ... eBay? or Gumtree? Probably have to give them away.
 

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