Selling on eBay: Volume Two

Happy Monday, all you hustlers!

I was going back and forth on what to check in with today, but I thought I would give you an update on how some of my eBay inventory has been selling (for your reference) and hear how it is going for all of you! Obviously, I am still new to flipping on eBay, so bear with me if you think I'm pricing too high or low... it's a learning process for sure! 

Ralph Lauren Polo White Golf Shirt XXL Bought: $.99 (Goodwill bins) Listed: $14.99 Sold: $11.50 Profit: $10.51 (minus eBay's cut)

Ralph Lauren Polo White Golf Shirt XXL
Bought: $.99 (Goodwill bins)
Listed: $14.99
Sold: $11.50
Profit: $10.51 (minus eBay's cut)

Diane von Furstenberg Silk Wrap Dress Bought: $8.99 (Goodwill) Listed: $40 Sold: $35 Profit: $26.01 (minus eBay's cut)

Diane von Furstenberg Silk Wrap Dress
Bought: $8.99 (Goodwill)
Listed: $40
Sold: $35
Profit: $26.01 (minus eBay's cut)

Chanel Mini Skirt with Black Bow (PLEASE NOTE: My photography skills have gotten MUCH better since I first began... also, I researched and researched this piece to make sure it wasn't a fake.) Bought: $4.99 (Goodwill) Listed: $49.99 Sold: $40 Profit: $35.01 (minus eBay's cut)

Chanel Mini Skirt with Black Bow (PLEASE NOTE: My photography skills have gotten MUCH better since I first began... also, I researched and researched this piece to make sure it wasn't a fake.)
Bought: $4.99 (Goodwill)
Listed: $49.99
Sold: $40
Profit: $35.01 (minus eBay's cut)

In total, I have sold a total of 12 items so far and am currently sitting at a profit of about $100... there have been some big wins (hello, Chanel!) and some pretty big losses (like this darling black dress I listed last weekend that had 6 watchers and ended up selling for only $3.75... what?!), but the process has been both super enjoyable and educational. 

In addition to selling on eBay, I have also created an account on Poshmark and honestly have no clue what I am doing... I have received a few offers so far, but they have been really low and just haven't been worth pursuing further. If you are on Poshmark, are you having luck? Do you like it better than eBay? Help a sister out! 

How is flipping going for you? Which brands have made and/or lost you the most? 

Selling on eBay: Volume One

When I told my husband that I was wanting to start this website, I immediately gushed about everything I wanted to do with this little corner of the web, including interviewing awesome mom bosses, sharing remote job listings, and doing a little experimenting of my own in the world of side hustling.

Enter the eBay flip.

For those of you who are unfamiliar with flipping something on eBay and what all that entails, it is essentially just finding/buying items like clothes, antiques, electronics, etc., and then re-selling them for a profit on eBay. Since I actually love to thrift, I was SO excited to get started, but felt COMPLETELY overwhelmed when it came to walking into Goodwill and figuring out exactly what it is I was looking for. 

If I'm being completely honest, I dropped the ball a little on my first haul... here is what I got (and where I messed up):

I picked up this ROCKIN' 80s dress for $4.50 on half off day and thought it would be an easy flip in terms of nostalgia and/or theme parties... not so much. That being said, make sure to do your homework before purchasing something you yourself would never wear. 

I picked up this ROCKIN' 80s dress for $4.50 on half off day and thought it would be an easy flip in terms of nostalgia and/or theme parties... not so much. That being said, make sure to do your homework before purchasing something you yourself would never wear. 

The Loft is my favorite.store.ever, so this was another one that I thought would sell somewhat easily (especially considering that I bought it for $2.50 and had priced it low on eBay). Nope. It's been nearly a month and I am still sitting on this size 00 petite (which is such a common size anyway). Wah wah wahhhhhh.

The Loft is my favorite.store.ever, so this was another one that I thought would sell somewhat easily (especially considering that I bought it for $2.50 and had priced it low on eBay). Nope. It's been nearly a month and I am still sitting on this size 00 petite (which is such a common size anyway). Wah wah wahhhhhh.

After staying up really late one night and doing A LOT more research on what to flip, I felt much more prepared and confident in what I was looking for. 

To all you moms and dads out there thinking about flipping on eBay for a profit, your best bets to sell are:

1.) Free People (or any Anthropologie/Urban Outfitters brand, for that matter)

2.) Ralph Lauren

3.) Victoria's Secret 

4.) Anne Taylor

5.) Diane von Furstenberg

6.) J Crew

7.) North Face

8.) Eileen Fisher

9.) Anne Klein 

10.) BIG and obvious names like Chanel, Prada, Gucci, etc. 

Early the next week, my boys and I went to visit my parents and did a little scouring at their local thrift store, which was offering a "fill the bag for $10" special. I didn't get to do look as much as I had hoped (See: shopping with two littles, neither of which are potty trained and filled their diapers at the exact same time :/), but I did manage to score an adorable Anne Klein skirt, J. Crew sweater, and a few other various duds for both the boys and me. 

A few days after listing my second haul...

 

Woo hoo! My first sale!

Woo hoo! My first sale!

Now, I didn't make a fortune off my first sale (maybe $3.75 in the end), but I was so excited to make even a little bit of a profit and get my first 5-star review... what a rush! 

Before I wrap up this super long, overly informative post, I want to share with you all the last Goodwill haul I made:

I let out an audible gasp when I found this one... I did have an offer on it shortly after listing, but they were offering well below what I had asked (which, after researching, was already on the super low end of what Chanel is selling for), so I have yet to sell this beauty but currently have 4 watchers... Hopefully I will have good news on my next update! 

I let out an audible gasp when I found this one... I did have an offer on it shortly after listing, but they were offering well below what I had asked (which, after researching, was already on the super low end of what Chanel is selling for), so I have yet to sell this beauty but currently have 4 watchers... Hopefully I will have good news on my next update! 

Go home, Goodwill... you're drunk! (JK, please keep these steals coming!)

Go home, Goodwill... you're drunk! (JK, please keep these steals coming!)

This one is actually my size, so if it doesn't sell, I have no problem keeping it!

This one is actually my size, so if it doesn't sell, I have no problem keeping it!

Obviously, I am a HUGE novice when it comes to this kind of thing, but I know that there are a lot of people out there making a full-time living flipping clothes on eBay, which is why I wanted to share this opportunity with all of you out there looking to make a little (or a lotta) extra money here and there! Please stay tuned because I plan to continually update this section as I sell/learn more about this exciting business.

What is your favorite thing to flip on eBay?