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<p>[QUOTE="fourarms, post: 840866, member: 24029"]<b>What I learned trying to sell coins on ebay.</b></p><p><br /></p><p>I started selling pennies on ebay and sales were great.</p><p>No overhead because pennies or cents are cheap.</p><p>I was making a few hundred bucks a month and was giving a third of it to ebay and paypal.</p><p>My biggest problem turned out was time.</p><p>I could post auctions and have inventory.</p><p>But I lived a hour from the post office and had a 40 hour week job and went to college 15 credits a semester.</p><p>People would buy up my auctions and then I would not have time to mail 100 packages for sometimes a week or two and I hate to say it a month sometimes. This is embaressing like my spelling.</p><p>I hate to blame midterms or finals on my lack of speedyness sending the coins out.</p><p>I got bad feedback for it but people allmost allways messaged me telling me how happy they were.</p><p>So my advise is if you want to do this make sure you can stick to it.</p><p>Make sure you have time to do it and dinner or laundry.</p><p>Trying to run a ebay store when you live off the grid in the middle of the forest is not easy.</p><p>I started renting a brick and mortar store to house my growing penny collection.</p><p>It was better then sitting in the woods in my filled fifthwheel trailor.</p><p>Anyway the coin store idea poofed when I decided to double it as a internet cafe for a small mountain community.</p><p>16 months later I closed up never making a profit.</p><p>I had to scrap the coin side of business because my customers were shady.</p><p>I could not leave anyone alone at the business.</p><p>So second piece of advice.</p><p>Dont tell anyone about your coins (TREASURE) that does not need to know.</p><p>The part of northern CA I live in has many meth users.</p><p>They would froth at the mouth all the way to change machines at the casino if they ever found my hoard.</p><p>So I started a business from a few pennies or cents and got all the way to a brick and mortar retail store with business license and paying taxes and the whole shabang.</p><p>Its not that hard.</p><p>If you love do it.</p><p>And dont stop trying to improve.</p><p>Whoever above said customer service is important they were right.</p><p>Customers are your ideas lifeline.</p><p>It is ten times cheaper to make a customer happy then it is to find a new customer.</p><p>Oh and it makes everyones life better by making another person happy.</p><p>ANyway good day all enjoyed all the above reading.</p><p>I realy like the pennylady's story and the jokes did help keep me reading.</p><p>Thanks all[/QUOTE]</p><p><br /></p>
[QUOTE="fourarms, post: 840866, member: 24029"][b]What I learned trying to sell coins on ebay.[/b] I started selling pennies on ebay and sales were great. No overhead because pennies or cents are cheap. I was making a few hundred bucks a month and was giving a third of it to ebay and paypal. My biggest problem turned out was time. I could post auctions and have inventory. But I lived a hour from the post office and had a 40 hour week job and went to college 15 credits a semester. People would buy up my auctions and then I would not have time to mail 100 packages for sometimes a week or two and I hate to say it a month sometimes. This is embaressing like my spelling. I hate to blame midterms or finals on my lack of speedyness sending the coins out. I got bad feedback for it but people allmost allways messaged me telling me how happy they were. So my advise is if you want to do this make sure you can stick to it. Make sure you have time to do it and dinner or laundry. Trying to run a ebay store when you live off the grid in the middle of the forest is not easy. I started renting a brick and mortar store to house my growing penny collection. It was better then sitting in the woods in my filled fifthwheel trailor. Anyway the coin store idea poofed when I decided to double it as a internet cafe for a small mountain community. 16 months later I closed up never making a profit. I had to scrap the coin side of business because my customers were shady. I could not leave anyone alone at the business. So second piece of advice. Dont tell anyone about your coins (TREASURE) that does not need to know. The part of northern CA I live in has many meth users. They would froth at the mouth all the way to change machines at the casino if they ever found my hoard. So I started a business from a few pennies or cents and got all the way to a brick and mortar retail store with business license and paying taxes and the whole shabang. Its not that hard. If you love do it. And dont stop trying to improve. Whoever above said customer service is important they were right. Customers are your ideas lifeline. It is ten times cheaper to make a customer happy then it is to find a new customer. Oh and it makes everyones life better by making another person happy. ANyway good day all enjoyed all the above reading. I realy like the pennylady's story and the jokes did help keep me reading. Thanks all[/QUOTE]
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