Thursday, July 16, 2015

Spent $3.25 and Made $29.85 on eBay

I have to say I really LOVE selling on eBay. But you have probably already figured that out if you have read any of my other posts. I have so much fun finding things at thrift stores and reselling them for a profit. And the most fun I have is when something sells at a price that surprises me. That's what happened recently.

Selling Wallpaper Border

I had read on an eBay Facebook site that I belong to that wallpaper borders sell well on eBay. Huh, really? I didn't think anyone used wallpaper borders anymore. But when I saw some at a great price at a local thrift store, I decided to give it a try.

I found a plastic bin filled with packages of old wallpaper borders at the thrift store I go to quite often. I didn't really believe they would sell well, so I bought a set of four packages blue Marimekko 4 inch wallpaper borders, and then an extra one that was partially opened so I could show what the design was. There were plenty more, BUT I wanted to just proceed cautiously in case they didn't sell after all. The rolls had been around awhile and the UPC stickers on them were yellowed. A couple had rips in the plastic wrap but they were scrubbable and washable so I figured they would clean up well. I listed the 4 rolls on eBay, with the opened one displayed on top. I was very honest about their condition in my description. At first, I listed them at a price of $14.95 for the 4 rolls. I had no bites for a couple weeks so I started playing around with the price lowering it until it sold. The 4 rolls sold for $10.95 a few weeks after I listed them, and I threw in the open roll as well because it was still usable. So for that sale, I spent $1.25 on 5 rolls and sold them for $10.95.

List, Sell, Repeat!

The other day I happened to be in the same thrift store and found the same bin. There were another 4 rolls of the same blue wallpaper border in the bin, again each for 25 cents. There were only 4 this time so I could open a roll and show the design but I was hoping people would get the idea of what it looked like from my pictures. I also found a set of 4 rolls in the same Marimekko design, but in a putty color. I decided to give those a try as well.

I listed the 4 blue rolls for $10.95 again on a Saturday night. I woke up Sunday morning and checked my eBay site to see they had already sold. That night I listed the 4 putty colored rolls and...you got it, they sold within 24 hours as well! So all together I spent $3.25 for 13 rolls of wallpaper border and earned $29.85. Not a bad turnaround if I do say so myself!

Research and Learn

One of the most important things I have learned through my experience selling on eBay is that in order to do well and increase sales, a seller must always be willing to learn. I spend a lot of time on YouTube watching videos of successful eBay sellers. I also belong to a couple of eBay Facebook groups and people post questions all the time and we all learn from each other. What makes you a successful eBay seller?

3 comments:

  1. This comment has been removed by a blog administrator.

    ReplyDelete
  2. I keep intending to try to sell some things on eBay. Lord knows I have a house full of "stuff" I have collected over the years and I would like to clean house. Hopefully, this fall won't be so busy around here and I can give it a try. You certainly did good with the wall paper border! I hope you sales continue to grow!

    ReplyDelete
    Replies
    1. Well Sheila, I challenge you to start listing things now, even just a few. Do your research first though and see what similar things are selling for. This is the best time of year to sell on eBay so you have a better chance of getting rid of your items and making some extra money this Fall. Thanks for your good wishes on my growing sales!

      Delete