Yes sticking to your Max Bid when sourcing items from say an auction house, is what I also do. I win maybe 25% of the time. The surprise comes when the package arrives. I live in a relatively remote area, so a good chunk of my sourcing is from online auction house sales. I enjoy your channel very much. Thank you!
Just to add: 1)When bidding on auctions, make sure to factor in the buyer's premium - which can vary from 10-30%. 2) Then figure in the shipping & handling cost from the auction house AHEAD of bidding. Sometimes it's just not reasonable. 3) possibly, you may be paying sales tax. After factoring in all those things, you might pay as much as 50% more than your bid. My max bid can look pretty puny after figuring out all of that, but I do stick to my max bid ;-)
Whoa-Whoa-Whoa!!, I hope you misspoke at 4:33 when you claimed: "You do need to promote your items for them to be seen by customers". That is false. I sold over 30,000 items in the last 5 years without any promoted listings. Promoted Listings are mainly for people who sell junk, low-sell-through-rate, or items that are over-saturated. Most buyers actually know how to sort by 'lowest price', so no need to promote when you price items fairly. Now that I'm allowed to cross-list my items onto other platforms, I have trained eBay to realize that THEY are losing money when they don't show my items....as many of my items disappear off eBay when they sell elsewhere,...-I checkmated the Algorithm.
@@shoreboys3940 Media and Clothes/Shoes,...my average sales price is about $50.00. Have you confirmed that ebay hides your listing even when you are the lowest price?
It depends on how great your cards are and what your prices are! I sell about 15 a day with over 16,000 listed. But I know a seller with around 35,000 listed that sells about 100 per day.
I’d say if you sold 10 or more per day you’re doing good! That works out to 300 a month which is a sell-through of 3% which is pretty good for postcards.
