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<p>[QUOTE="Lehigh96, post: 4618735, member: 15309"]My experience on E-Bay is that my monthly sell rate fluctuates between 5-10% of my total inventory. So let’s say my inventory is valued at $20K, that means my sales are $1K-$2K per month. My profit margin ranges from 3-5% meaning I can expect to earn anywhere from $30-$100 per month. E-Bay & Paypal on the other hand get near 10% of my sales.</p><p><br /></p><p>The basic E-Bay store subscription with a monthly renewal is $28 per month but your FVF drop from 10% down to 6%. In order to break even to cover the additional cost of the store, you need to sell a minimum of $700 each and every month.</p><p><br /></p><p>In the end, you need either a massive inventory or a high profit margin to make a living selling coins online. If you had the money for a huge inventory, there are many other businesses with higher inventory ratios that could make you more money. In order to generate a high profit margin, you need a source where you can obtain coins at extremely cheap prices. I have neither, and consider the money I make a hobby bonus, and the real reward is that I get temporary ownership of some really nice coins[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 4618735, member: 15309"]My experience on E-Bay is that my monthly sell rate fluctuates between 5-10% of my total inventory. So let’s say my inventory is valued at $20K, that means my sales are $1K-$2K per month. My profit margin ranges from 3-5% meaning I can expect to earn anywhere from $30-$100 per month. E-Bay & Paypal on the other hand get near 10% of my sales. The basic E-Bay store subscription with a monthly renewal is $28 per month but your FVF drop from 10% down to 6%. In order to break even to cover the additional cost of the store, you need to sell a minimum of $700 each and every month. In the end, you need either a massive inventory or a high profit margin to make a living selling coins online. If you had the money for a huge inventory, there are many other businesses with higher inventory ratios that could make you more money. In order to generate a high profit margin, you need a source where you can obtain coins at extremely cheap prices. I have neither, and consider the money I make a hobby bonus, and the real reward is that I get temporary ownership of some really nice coins[/QUOTE]
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