Recently Tagged with "profit"

Items Tagged with "profit"

Replies
	Questions, questions and more questions Okay I am new so don't get upset with all these questions. I have been making jewelry (arts&crafts) since a teen. I recently decided to settle on one thing that I really loved doing and that I might make into a future business. Around Nov of last year I started to do real research into having a jewelry business. I also started to read different posts here and elsewhere about online businesses eBay. I read several books and one specfically about hand crafted jewelry. One of the things that it talked about was pricing. That you need to add the cost of materials to your labor cost. That this will bring you to your "base" price and enable you to figure out your wholesale/retail prices. Is this the way that you are coming up with your prices? Should I be selling at my base price on eBay? Off eBay I have sold several pieces at retail prices and a couple to family at wholesale prices. I have only sold base to my mother-she is my "model" for my pieces. I have not sold any pieces online anywhere. I have also decided to have a dedicated eBay ID just for the selling of my pieces. I am doing this so my DSR will be reflective of my selling, not a combination of what I sell and what I buy. Is this the normal or a wise practice? I buy both off line on online from different suppliers. Those that I buy offline are from places that I have gotten positive word of mouth from other "crafters". I am having a problem with finding out information on the diferent types of gemstones on the web. I have found that some of this is due to the names used to describe the stones. Is there a place online that has a listing of all gemstones using all their names that they go by? Well I have many more questions but I these are the most pressing. Any answers? by flyingwfarms02 ) Aug 10, 2009 05:30 PM \| No Products Discussed	9
	FEES, FEES, FEES!!! I am furious! In May my sales were $246.13. My eBay fees for that period were $80.38, and my concordant PayPal fees were $11.12, for a fee total of 91.50!!! That means I paid eBay about 33% of my revenue!!! That's more than 1/3 of what I sold!!! How can we sellers make any money with outrageous fees such as these??? eBay (and PayPal) must lower their fees! :( by norcalcounsel ) Jul 7, 2009 06:10 AM \| No Products Discussed	17
	Can anyone make a living selling on e bay!!!! I believe ebay is a secondery income option . by jaklintdesigns ) Nov 20, 2008 09:12 AM \| No Products Discussed	7
	Slow Business and Very little Profit-Can Anyone Cheer Me Up? HELP!!!!! Hi, I've been so discouraged this last 4 weeks. Between having another major back surgery and trying to recover from that and very little sales, I am starting to feel blue. I have lowered my prices, offered free shipping and repeat buyer discounts, I've done about everything except stand on my head! I know the economy is super bad right now, but 4 weeks ago I had my best month ever! When things don't sale the first time around, is it best to lower prices that are already rock bottom or move to store listing? I always have quite a few watchers, so it makes me wonder if they are waiting for me to keep marking them down. With listing prices so high, I hate to keep relisting over and over. I have so much merchandise to list, but I feel like I am working just to pay for my ebay and paypal listing fees. Does anyone have some words of wisdom or encouragement for me? Thanks, Charlotte by charlottes_e-treasures ) Jun 25, 2008 02:29 PM \| No Products Discussed	15
	Do you know when you earn a profit on your eBay business? If you are selling something you found in the attic, whatever you sell it for is a profit - minus the costs of doing business. With eBay, the business costs are either auction listing fees + FVF+ PayPal or store listing fees+FVF+PayPal. And, do you have an eBay store fee? (even before the store fee, assume eBay/PayPal gets about 15% of your selling price) Then you need to consider if you pay any of the shipping-packaging-insurance costs to get the item to the customer. Do you drive the package to the Post Office? Your 'office' uses a computer, printer, modem/cable/DSL to access the internet, heat/airconditioning, a camera, software, lighting equipment, etc. Have you set aside about 1/3 of the gross profit from the sale for state and federal taxes? Do you collect and report sales tax for shipments within your state? Even the basic version of QuickBooks or Peachtree Accounting will help get you started in recording your business purchases, your expenses and help you learn what you need to earn in order to make a profit. We had a poster on these boards say they sold a $99 necklace and made $15 on the sale. With eBay taking 12% for a store item and PayPal taking an additional 4%, this seller just lost money with a $15 profit for a $99 sale. And that's before calculating any other costs to make the sale, tie up your $ in the item, ship it out, etc. If you look at your 'costs of doing business', you need to earn at least 40% to 50% gross profit. A 50% gross profit means taking your purchase cost for the item and doubling it. Good selling, Paul by mylegacy-treasures ) May 8, 2008 05:20 PM \| No Products Discussed	10

Feedback Forum | Discussion Boards | Groups | Answer Center | Chat Rooms | Community Values

About eBay | Announcements | Security Center | Resolution Center | eBay Toolbar | Policies | Government Relations | Site Map | Help

Copyright © 1995-2009 eBay Inc. All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the eBay User Agreement and Privacy Policy.

eBay official time

hosted by LiveWorld