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I thought I would take a few moments to realize some truths around the numbers when selling on eBay. I would have to say that I am making my eBay seller side hustle work. Granted, like most of you that have a side hustle, I have a full time job and family commitments as well. Today I am going to highlight where I am with my eBay flipping since that is where I have been focusing a lot of my time.
I like to say I started this side hustle with $40. I started selling a few books on Amazon and eventually grew my eBay items to where they are now.
Truth in the numbers
Available to sell
I currently have just over $3,800 available to sell. That is a long way from the initial $40 investment. What does “Available to sell”? Basically, if I sold everything on eBay that I have listed, at the price I have set for those items, that is what I would make off those items. That number may look impressive for a part time eBayer but it isn’t money to count on until the sell is made.
What I made off eBay
If you looked at my reports, you would see that I have made just over $1400 in sales first quarter of this year. This is where the numbers get tricky. Often times you will hear folks tell you how much they made. Is this truly how much they made? Well, total sales does not take into account how much was profit. On eBay, for example, that total sales includes what you sold the item for as well as shipping received. When it comes to brass tax, the actual profit is considerably less.
Lets look at the last 30 days-
- Listing fees($1.25)
- Final value fees($75.55)
- Subscription fees($24.95)
- Fee credits$1.25