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Profit First

Public • 1k • Free

390 contributions to Profit First
STR and yesterday digging
Yesterday i I did STR on everything I picked up, literally every single item . I set myself a minimum STR OF 60%. Oh My gawd it was hard , really really hard. Everything I thought was good falls right around 50ish. At the end of the day I had a lot less stuff in my cart BUT THE quality blew my mind. 60% minimum blew my mind.
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New comment just now
0 likes • 50m
Great job, way to stick to your guns. I bet you are going to like the results also.
DIY Flat Lay
Evening All! Wanted to share a pic of my newly created Flat Lay setup for clothing. Glad to have one made and not have to hang clothes from hangers for photos. Attempted to be VERY frugal, lol! What do you all think? This is the video I followed for this flat lay station. I just took it a step further sanded & stained mine. I also added slip resistant pads to the bottom of the legs. https://youtu.be/CkcAG_H3Ag0?si=-4K1a0sar84T8lZT
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New comment 4h ago
DIY Flat Lay
2 likes • 4h
@Stephen Trotter I noticed the light holders. How are you liking the lighting results so far? Nice simple way to get something done. Doesn't have to be fancy.
2 likes • 4h
@Stephen Trotter Yes, people post links all the time.
Has anyone else noticed that eBay has changed the way they show Offers?
I am not sure if this is all the time now or just most of the time, but it use to be when you would price compare solds on an item, if it was sold with a best offer, it would show a strike through the original price. I no longer see that. I actually like the change because it makes it look like the item sold for more than it really did. By the way, does everyone know how to find the actual sell price of and item that has sold? If you go to a recently sold item, and copy its title, then go to the eBay Research tool and paste it in. This will usually get you just the item you are looking for. If it turns up no results, change the search to 7 days, or 30 days, and it will usually come up. This is how I noticed the change in how they show that a offer has been excepted.
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Pricing Methods
Curious what people are using for their pricing methods. I recently shifted to a more structured pricing plan from the guesses and comp matching that I was using before. I use the Research tool to look up the item. I see the 90 day ASP for the item. I then divide it by .75. This then gives me the approximate listing price. Here is an example. ASP of $19.25 / .75 =$25.67 I would list the item at $26.00 I then run a sale event for the item at 20% off. This makes the actual price $20.80. This leaves a 5% margin left to send a small offer to a liker. How do you calculate your listing price? Is my method too much work? Yes, I have to have the entire store on some sort of sale even all of the time. Is this too much?
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New comment 3h ago
1 like • 4h
@John Furness Probably the main reason I do it this way is because I usually need to to research the item any way and nearly always use Sell Similar off of someone else's listing. I also list straight from my phone, so it is just a one flow process for me.
1 like • 4h
@Jerry Wilson Yes, I have noticed that also.
Have you ever noticed the time lag?
Have you ever noticed the time lag between your phone and Computer in the eBay System? I have seen my phone show a offer come in, and be working in my store on my computer and have it take an hour or more before it shows up on the computer. Even when I am on my computer, I use multiple tabs for my eBay store, and one will show a offer, or sell while the other doesn't update to show it, even after refreshing the screen.
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New comment 5h ago
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Wes Benham
7
5,441points to level up
@wes-benham-3759
Selling for 5 year's. Married with 52 cattle, 11.5 hogs 6 dogs and 3 cats.

Active 48m ago
Joined Jun 11, 2024
Central Missouri
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