Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
I miss true auctions on eBay.
>
Reply to Thread
Message:
<p>[QUOTE="C-B-D, post: 1780127, member: 43130"]Great point. As a seller of 150-250 coins a month, I have to factor in my time, the cost supplies, travel expenses, etc.</p><p>For example, going to the ANA show in Chicago cost me about $500, then when I got back I had to spend $70 on 5,000 new business cards, $34 on a box of 500 bubble mailers, $24 on printer ink for labels, then I have to factor in the many hours of time taking and cropping pics, creating and scheduling listings. After all that I have to spend time packaging up coins, dealing with non-paying customers (about 3-5 per month on average). Then I have to pay the eBay and PayPal fees and subtract the $1.69 or more for the shipping label.</p><p>Selling on eBay for profit isn't easy. I don't have to take the risk of running true auctions, but I do. Most times I make money, but <u>every single week</u>, I lose some money on a few coins I sell. That's a risk I take. Most times when I lose, it's just $2-$15. The most I ever lost on a coin was $150. But as long as I learn from my mistakes and keep a finger on the pulse of the eBay market, I can still sell successfully.[/QUOTE]</p><p><br /></p>
[QUOTE="C-B-D, post: 1780127, member: 43130"]Great point. As a seller of 150-250 coins a month, I have to factor in my time, the cost supplies, travel expenses, etc. For example, going to the ANA show in Chicago cost me about $500, then when I got back I had to spend $70 on 5,000 new business cards, $34 on a box of 500 bubble mailers, $24 on printer ink for labels, then I have to factor in the many hours of time taking and cropping pics, creating and scheduling listings. After all that I have to spend time packaging up coins, dealing with non-paying customers (about 3-5 per month on average). Then I have to pay the eBay and PayPal fees and subtract the $1.69 or more for the shipping label. Selling on eBay for profit isn't easy. I don't have to take the risk of running true auctions, but I do. Most times I make money, but [U]every single week[/U], I lose some money on a few coins I sell. That's a risk I take. Most times when I lose, it's just $2-$15. The most I ever lost on a coin was $150. But as long as I learn from my mistakes and keep a finger on the pulse of the eBay market, I can still sell successfully.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
I miss true auctions on eBay.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...