Do you guys do international shipping at both stores? I just joined eBay’s international shipping program and already made a sale to Canada! Have you tried it with your jeans store? What do you think about shipping internationally?
One time a person bought a 511 Tactical jacket from me and it was an international sale. The hard thing about it was that it went to a military base or something and I had to come up with a tariff number. That was kind of stressful trying to figure out how to handle that.
Great video. Problem with basing your monthly total on winter sales is the type of items selling. By that I mean winter has a lot more higher items on average than Summer. Especially for men's shirts, You would have to list more than 5 shirts in Summer to reach the 3,000, I would think.
Yea, it will take more learning to see what high profit items sell in the summer. I would only need to list more than 5 shirts a day anytime throughout the year if my profit margin fell below $25/item. It’s also not an exact science. If after a year, I average $3000/month I’d be happy with that because ebay has its ebbs and flows. Just means I can’t have $3000 be my ceiling so that it can average out potentially slower months.
I don't know when you recorded this, but down here in the Springfield area we've had some very windy days as well. Even today it has been windy. The only thing missing in your numbers is utilities. Electricity, heating fuel if you don't heat with electric, internet and all phone fees. Those would factor in as well.
Did you account for all your Ebay fees in your profit? You promote at 8% and there is a base final value fee as well. I guess i didnt see all that come out but maybe i missed it.
Of the $3000 you’re looking to pay yourself, would you use this same money to purchase more inventory? How do you decide how much goes to you to keep vs how much gets reinvested into your business. Thank you for the knowledge you drop in these videos!
In the calculations for the profit, I’m getting my original $4 back to go buy another item to replace it. In my roadmap, I’m also taking in account of buying on average two additional items a day to grow the store.
Thank you for the videos! How are you able to determine what is selling at a higher price in order to learn which items to pick up. What are your researching strategies?
I absolutely love your videos!! They are extremely insightful. Everytime you post I am ecstatic. Have you in the past or would you consider making a video with generics of bookkeeping as well as tips and tricks for tax preparation? I know that most people shy away with this topic, but even the slightest coverage would be an immense help. I would love to save money next year by doing them myself rather than to pay a accountant. Thank you!
Thank you! I’d like to partner up with Simplified Accounting with Cheryl here on RUclips for a video! She’s an ebay accountant pro with so much knowledge. :)
Hi Carrie. New subscriber here. Loved 3 of your videos, and plan to watch all your past uploads. Great personality you both have. Sharing your experience and advice is priceless. Thank you! One bit of advice, if you don't mind - please be careful having that surge strip sitting on your tissue box, just left of your monitor. One tiny spark = 🔥 A coworker had their house burn down because of a faulty surge strip. Anyway, thanks again. Looking forward to learning from you both. Best wishes for continued success.
Kind of a weird question but.....inventory that's over 90 days old, do you start doing steep discounts to get rid of it? And at what point do you guys write it off and re-donate it? You promote at 8%?
Hey, where do you get your clear bags from? My inventory is in boxes and tubs right now, not labeled. Since I'm taking care of my dad, it's all jumbled up.but I am labeling the boxes on what is in them by summer, winter, golf, etc. Hubby is supportive but getting tired I think of the back bedroom. My goal is to use dad's basement to do the similar set up that you guys have eventually. Any other tips would help. Thank you!
I definitely advocate using a consecutive sku system for your inventory. Take up much less space and you know exactly where all items are, especially as you grow
@carrieathome Happy Holidays do you think it's better to have 2 eBay stores. To separate your niche's I sell collectibles and education books and computer accessories.
Great video! With the higher value items that you mention at the end, are they also $4 to pick up or are you having to pay more and how does that affect growth?
The $4 cogs is accounting for the higher value items. Before it was about a $2 cog but I’m picking up more jackets and they weigh more/cost more at the bins.
They’ll come in. Try switching it up with the items you post. Also relist items. If you just let eBay relist them every 30 days, they don’t get a new item ID. So essentially when they relist your item automatically it doesn’t get entered to the algorithm as a new item.
I have a question. I’m just now watching your video at 6:30 in the morning. My question is how do you organize the numbers that you have on your packages because I don’t see them listed as far as your eBay site how do you know which is which and how is your organization process work?
When making a listing, there is a custom text box to fill out and that’s where I input the sku number. It isn’t visible on the buyers end but it shows up on the sellers end. You’ll need a store subscription to unlock the custom sku option. 👍
Hi there, I am kinda new to your videos, but I have already learned so much. Question: do you figure in the cost of cleaning items (soap, water, electricity, etc) into your strategy? Thanks😊
Hi! I don’t calculate the small stuff like that because it’s shared with personal and other businesses. It would be a minuscule cost at the end of the day. If my profit margins were paper thin, then I’d probably consider it but I’d rather focus on increasing my profit margin vs how many cents in electricity I used on the item. :)
Do you take the $4 to reinvest or do you use a percentage? I am restarting eBay and trying to do it as a business. Thanks love your videos especially with Tech.
Yea, I reinvest that $4 into another item. If I'm maintaining my store size, I'll keep the rest of my profit but if I'm growing my store, then I'll reinvest the original $4 plus more from my profits to buy more inventory.
That all comes out of the ebay fee calculator tool I used to find the profit per item. The bins is a pay by the pound warehouse (called Goodwill Outlet) that all regional Goodwills send their excess stock to sell again before heading to the landfill.
Thanks! Yes, all preowned items should be washed. I don't wash the hand wash only or dry clean only items though. You'll need a store subscription to unlock the custom sku text field inside the listing. I show that portion in my "how to organize like a pro" video if you want a step by step!
Love your videos, Carrie! Is 8% promoted a standard thing for you even across the pants store? Or is that just on the shirts store to give it a bit of a push? I've never really gone past the 5% mark so would be good to know.
It really depends on your items and what you're willing to pay to promote them. If you're items can sell themselves quickly, no promotion is needed at all. But if an item is really not desirable, then it could possibly be promoted at 100% and still not sell. I recommend finding a promo rate that you're happy to pay for and focus on ensuring the items being listed get better and better so less promotion is necessary.
Are the actual shipping costs of jackets running higher or lower than $12.99 or is that flat rate mailing? Jackets are bulky and some can weigh a good amount like wool.Wondering how to go about shipping jackets the best way. Also wondering about laundering jackets. Do they need to be dry cleaned ever? Thank you.
$12.99 covers majority of the shipping cost for big coats but I’m also central USA so my shipping costs are generally lower. I don’t think I’ve shipped any coats out that cost more than $10 and some change. You’ll have to read the care tags if an item needs to be dry cleaned or hand washed. Everything else can go in the washer
😂love you went into depth w the white board , also love your videos. i started a clothing ebay myself since my other 3 stores are making profit im like i need a clothing ebay now. hehe i wish i had a garage thooo 😂luxkkky
It’s really what speed you want and how much you’re okay with paying ebay for the promo. I recommend starting low and increase gradually until you’re happy with results. But definitely don’t decrease unless you have to. ebay hates decreasing promoted rates.
So far it's been around 5% but I'm still ironing out the wrinkles that comes with learning something new so I think that's why my return rate is a bit higher than I'd like.
I definitely recommend doing what’s best for you! Your items may not need to be promoted as much as someone else’s due to having more desirability or pricing better than them. I got to 8% because I was selling lower end, less desirable items and it took 8% to get them to move at the speed I wanted them. I probably don’t have to do 8% with my current items but I just left it as is because I’m too chicken to decrease it. I hear ebay hates decreases in promo rates. I recommend you promote at a fee you’re comfortable paying on each item.
@@carrieathome Then it’s simply amazing you have some of the exact same items tech shows in his hauls, that he found in the wild. The trucker t-shirt, colorblock RL. Unusual, not everywhere items. Maybe you just hand select these, or are given them because of your sphere of influence, that’s okay, just be please honest with your viewers.
@@ASunnyHawaii I am being honest lol I don’t buy wholesale from anyone and Tech has never given me items. Don’t know what to tell you other than that 🤷♀️
That's accounted for when I plug my numbers into the eBay Fee Calculator website. They take out FVFs in the calculator because it also depends on if a store is Below, Above, or Top Rated and what store subscription they have. It's a really cool tool to utilize when finding your profit!
Any idea what is causing them to close some of the bins locations? I’ve seen several videos of people upset because their local bins is being shut down.
@ I saw a video of a reseller in Oregon who was upset about his local bins closing. I saw another one somewhere in the south, I already forgot which state the bins were closing there too. They also closed the one where I used to live in Arizona.
When you count cost of goods are you only counting the money spent on the items that sold. 2,400 spent on growth is that on inventory which sold that month too. What about all the thousounds of pieces which you spent money over the course of time that hasn't sold yet , wouldn't that tie money up ? You spend 2,400 monthly to get 5 sales a day ? Im sorry I'm totally clueless on this model. Ill just rewatch im confused i need a dummy version of this lol
My niece just had a beautiful baby girl on 10/24 :) Did you find out if its a girl or a boy or is it a surprise? I told my husband I just wanted to see your baby bump, lol! Guess I'm all into babies right now lol! So excited for you and so interesting to see how you manage it all! Take good care and thanks for all the easy to follow advice, you're so smart!
Yes however with leveraging deductions and write offs (my bottom line) my actual out of pocket cost for taxes will be less than paying 15% off my top line.
❤this was great! question so it’s a shirt and jacket store for men correct? You look incredible, when is baby due? It’s always so nice to watch your videos…..learning so much
It’s shirts, jackets, anything you wear on the top half. I list both men and women’s items but it’s usually men’s items that have more money in them. Thank you!
@ OK got it makes a lot of sense. I’m thinking of doing something like that in my retail but right now I’m in the hospital and I have been here for over 30 days because my gentleman had a bone marrow stem cell transplant and we are and what they call isolation. it is the hardest thing to watch a loved one go through and it has completely shattered my heart so thank you for this wonderful video
@@carrieathome thank you so much ❤️❤️❤️❤️I know it will because I have faith BUT it is a very long detailed process, Cancer Sucks!! So for now my resale shop is closed and I’m okay with that. Thank you again for your kindness :)
Is that actual profit? Or is it just average or round about number? I’m only asking because I did the same math on mine and it’s showing more profit than what’s actually being deposited in my bank account. I’ve been going off of bank account payouts cuz it’s so much easier for me.
It matches payouts pretty spot on. Return shipping label costs, refunds for returns, sales tax, store subscriptions, item cancellations, etc are all pulled from payouts so that may be where your difference is.
Yea it’s crazy how different everyone’s taxes work out in the end with all the different tax brackets, deductions, credits, write offs, state tax vs no state tax. I figured 10% was a good middle the road for example and people can plug and poke their own numbers for a more accurate representation :)
I always intended it to be just anything you wear on the top half, t shirts, tops, jerseys, jackets, coats. Saying shirt store was easier than top store.
Fantastic video Carrie well done👏👏👏 the numbers in your sku system do you peel them off then reuse the number sku again or how does it work please 😃💕🇦🇺🇦🇺🦘🐨🦘🦘
if you reuse them and don't date it you won't know if it's a old item I do it the way Carrie does it then if I still have lower numbers down the line I will do discounts or auctions to get rid of old stock
carrieathome hi carrie i hope you're fine and i love your content and your program seller on ebay , iam ismail iam from frnace and i love your chanel RUclips and my hope is i want to start selling from france and Worldwide , please can you help me for that or if you have a course i will buy it to start please help
Do you guys do international shipping at both stores? I just joined eBay’s international shipping program and already made a sale to Canada! Have you tried it with your jeans store? What do you think about shipping internationally?
Yes! Both stores are a part of eBay’s Global Shipping program. It’s so easy going through ebay!
@ awesome ☺️ I agree it was very easy to ship to eBay Hub.
One time a person bought a 511 Tactical jacket from me and it was an international sale. The hard thing about it was that it went to a military base or something and I had to come up with a tariff number. That was kind of stressful trying to figure out how to handle that.
@ was it through eBay international shipping program?
@@DalexVlogsyes
You are a serious business woman! Your content is so helpful to those of us who aspire ❤️
I really like how organized you guys are. I sell out of Rubbermaid totes and it's a pain. Thanks for sharing
Excellent video! I love when you bring out the whiteboard/notebook and start schooling us. Thank you 💕
It’s an honor! 👩🏫
Love this thankyou Carrie!
You are a great teacher , thkns 👍👍
Thank for all the feedback. Newbie on reselling, do you do calculated shipping?
Thanks for your thorough breakdown of The Numbers which are needed for your specific goal setting. I will be referencing this video in the future.
YAY! Another Banger Video! I've been Waiting for this lol
Let’s gooo! 🔥
My morning routine has consisted of checking YT to see if you have uploaded, LOL ❤ hope you’re feeling well! Congrats on all your success 😁
I'm glad you are checking in!
Congrats on the baby coming love the videos
Thank you!
Great video. Problem with basing your monthly total on winter sales is the type of items selling. By that I mean winter has a lot more higher items on average than Summer. Especially for men's shirts, You would have to list more than 5 shirts in Summer to reach the 3,000, I would think.
Yea, it will take more learning to see what high profit items sell in the summer. I would only need to list more than 5 shirts a day anytime throughout the year if my profit margin fell below $25/item. It’s also not an exact science. If after a year, I average $3000/month I’d be happy with that because ebay has its ebbs and flows. Just means I can’t have $3000 be my ceiling so that it can average out potentially slower months.
Keep up with this amazing content keep pushing through the RUclips grind and stay positive
I don't know when you recorded this, but down here in the Springfield area we've had some very windy days as well. Even today it has been windy.
The only thing missing in your numbers is utilities. Electricity, heating fuel if you don't heat with electric, internet and all phone fees. Those would factor in as well.
Crazy wind lol
Did you account for all your Ebay fees in your profit? You promote at 8% and there is a base final value fee as well. I guess i didnt see all that come out but maybe i missed it.
Thank you for your awesome content. Would you be so kind as to talk a little more about how you approach promoting your listings? xx
Of the $3000 you’re looking to pay yourself, would you use this same money to purchase more inventory? How do you decide how much goes to you to keep vs how much gets reinvested into your business. Thank you for the knowledge you drop in these videos!
In the calculations for the profit, I’m getting my original $4 back to go buy another item to replace it. In my roadmap, I’m also taking in account of buying on average two additional items a day to grow the store.
Great video and even more impressive job u guys r doing with ur eBay stores.
Thanks, I appreciate it!
Thank you for the videos!
How are you able to determine what is selling at a higher price in order to learn which items to pick up. What are your researching strategies?
I absolutely love your videos!! They are extremely insightful. Everytime you post I am ecstatic. Have you in the past or would you consider making a video with generics of bookkeeping as well as tips and tricks for tax preparation? I know that most people shy away with this topic, but even the slightest coverage would be an immense help. I would love to save money next year by doing them myself rather than to pay a accountant. Thank you!
Thank you! I’d like to partner up with Simplified Accounting with Cheryl here on RUclips for a video! She’s an ebay accountant pro with so much knowledge. :)
Hi Carrie. New subscriber here. Loved 3 of your videos, and plan to watch all your past uploads. Great personality you both have. Sharing your experience and advice is priceless. Thank you! One bit of advice, if you don't mind - please be careful having that surge strip sitting on your tissue box, just left of your monitor. One tiny spark = 🔥 A coworker had their house burn down because of a faulty surge strip. Anyway, thanks again. Looking forward to learning from you both. Best wishes for continued success.
Thanks for pointing that out!
congrats for reaching your first milestone and you will reach your main goal pretty soon :)
Thank you so much!
Kind of a weird question but.....inventory that's over 90 days old, do you start doing steep discounts to get rid of it? And at what point do you guys write it off and re-donate it?
You promote at 8%?
Yes I start marking items down after 2-3 months because traffic starts decreasing around the 4 month old mark.
Just curious but what is the most you've sold a pair of jeans for and what were they?
Sold a pair of deadstock Levi's 501 Selvedge for $800. Could have got more out of it but was a bit clueless with pricing at the time. Oh well!
Thanks for the great video from an eBay newbie
Hey, where do you get your clear bags from? My inventory is in boxes and tubs right now, not labeled. Since I'm taking care of my dad, it's all jumbled up.but I am labeling the boxes on what is in them by summer, winter, golf, etc. Hubby is supportive but getting tired I think of the back bedroom. My goal is to use dad's basement to do the similar set up that you guys have eventually. Any other tips would help. Thank you!
I have all the links to my organization system in my “organize inventory like a pro” video description :)
I definitely advocate using a consecutive sku system for your inventory. Take up much less space and you know exactly where all items are, especially as you grow
Why not sell the tshirts under the one store? Or you open the tshirts store just have separation?
Just for data separation for now. Once the challenge is over, I’ll merge the two :)
@carrieathome Happy Holidays do you think it's better to have 2 eBay stores. To separate your niche's I sell collectibles and education books and computer accessories.
Great video! With the higher value items that you mention at the end, are they also $4 to pick up or are you having to pay more and how does that affect growth?
The $4 cogs is accounting for the higher value items. Before it was about a $2 cog but I’m picking up more jackets and they weigh more/cost more at the bins.
I can’t even get views on my items even got them promoted at 25% let alone sell anything 😂
They’ll come in. Try switching it up with the items you post. Also relist items. If you just let eBay relist them every 30 days, they don’t get a new item ID. So essentially when they relist your item automatically it doesn’t get entered to the algorithm as a new item.
I am 2 years in - $90,000 total for 90 days, don't be afraid of higher price, low margin items as well as your lower price items!
What will you guys sell next?! Great progress! I remember when you first started the shirt store.
Have you done a video on how you inventory your listings? Would like to know.
Yes! There’s a video called something like “how to organize like a pro”. I go into detail about how I organize all my inventory
I have a question. I’m just now watching your video at 6:30 in the morning. My question is how do you organize the numbers that you have on your packages because I don’t see them listed as far as your eBay site how do you know which is which and how is your organization process work?
Sku line guessing
When making a listing, there is a custom text box to fill out and that’s where I input the sku number. It isn’t visible on the buyers end but it shows up on the sellers end. You’ll need a store subscription to unlock the custom sku option. 👍
After I saw this video, I saw your inventory video. I should’ve looked first before asking a question, but thank you for replying.
I also put the SKU in the description for redundency in case eBay glitches out and erases it from the dedicated SKU line.
Hi there, I am kinda new to your videos, but I have already learned so much. Question: do you figure in the cost of cleaning items (soap, water, electricity, etc) into your strategy? Thanks😊
Hi! I don’t calculate the small stuff like that because it’s shared with personal and other businesses. It would be a minuscule cost at the end of the day. If my profit margins were paper thin, then I’d probably consider it but I’d rather focus on increasing my profit margin vs how many cents in electricity I used on the item. :)
Do you take the $4 to reinvest or do you use a percentage? I am restarting eBay and trying to do it as a business. Thanks love your videos especially with Tech.
Yea, I reinvest that $4 into another item. If I'm maintaining my store size, I'll keep the rest of my profit but if I'm growing my store, then I'll reinvest the original $4 plus more from my profits to buy more inventory.
How do you start a second store on ebay
How do you research higher profit items?
You said your items mostly come from “the bins”. What are the bins? Also, you didn’t seem to account for eBay seller fees. ?
That all comes out of the ebay fee calculator tool I used to find the profit per item. The bins is a pay by the pound warehouse (called Goodwill Outlet) that all regional Goodwills send their excess stock to sell again before heading to the landfill.
Very interesting video. thanks. Do you wash everything? Where do you put the skew # in the listing? again thank you
Thanks! Yes, all preowned items should be washed. I don't wash the hand wash only or dry clean only items though. You'll need a store subscription to unlock the custom sku text field inside the listing. I show that portion in my "how to organize like a pro" video if you want a step by step!
Love your videos, Carrie!
Is 8% promoted a standard thing for you even across the pants store? Or is that just on the shirts store to give it a bit of a push?
I've never really gone past the 5% mark so would be good to know.
It really depends on your items and what you're willing to pay to promote them. If you're items can sell themselves quickly, no promotion is needed at all. But if an item is really not desirable, then it could possibly be promoted at 100% and still not sell. I recommend finding a promo rate that you're happy to pay for and focus on ensuring the items being listed get better and better so less promotion is necessary.
cool, Thx for sharing
Are the actual shipping costs of jackets running higher or lower than $12.99 or is that flat rate mailing? Jackets are bulky and some can weigh a good amount like wool.Wondering how to go about shipping jackets the best way. Also wondering about laundering jackets. Do they need to be dry cleaned ever? Thank you.
$12.99 covers majority of the shipping cost for big coats but I’m also central USA so my shipping costs are generally lower. I don’t think I’ve shipped any coats out that cost more than $10 and some change.
You’ll have to read the care tags if an item needs to be dry cleaned or hand washed. Everything else can go in the washer
@@carrieathome Thank you!!!
😂love you went into depth w the white board , also love your videos. i started a clothing ebay myself since my other 3 stores are making profit im like i need a clothing ebay now. hehe i wish i had a garage thooo 😂luxkkky
That’s great you’re trying out different stores and they’re all profitable!
How do you know what to promote at? I usually do 3%. I know 2% is the lowest you can go
It’s really what speed you want and how much you’re okay with paying ebay for the promo. I recommend starting low and increase gradually until you’re happy with results. But definitely don’t decrease unless you have to. ebay hates decreasing promoted rates.
@ Thank you!
This was so informative! I need to research higher profit items. So in that model how’s your return rate?
So far it's been around 5% but I'm still ironing out the wrinkles that comes with learning something new so I think that's why my return rate is a bit higher than I'd like.
@ totally makes sense, you are killing it! 👍🏻
What is your rationale regarding promoting at 8%? I’ve been using a 3% rate… but only because someone on RUclips said to! Would love your thoughts!
I definitely recommend doing what’s best for you! Your items may not need to be promoted as much as someone else’s due to having more desirability or pricing better than them. I got to 8% because I was selling lower end, less desirable items and it took 8% to get them to move at the speed I wanted them. I probably don’t have to do 8% with my current items but I just left it as is because I’m too chicken to decrease it. I hear ebay hates decreases in promo rates. I recommend you promote at a fee you’re comfortable paying on each item.
Good sale on the trucker shirt. I recently picked up 7 of them at a yard sale. Paid $7 for them all.
Nice score!
Is this all from local sourcing or do you have to travel outside your area?
It's all local for us because there are plenty of thrift stores in the area.
I’m pretty she also buys wholesale or selected items from a former eBay reseller, to add to the sourcing mix.
@ I don’t buy from anyone. I hand select my items
@@carrieathome Then it’s simply amazing you have some of the exact same items tech shows in his hauls, that he found in the wild. The trucker t-shirt, colorblock RL. Unusual, not everywhere items. Maybe you just hand select these, or are given them because of your sphere of influence, that’s okay, just be please honest with your viewers.
@@ASunnyHawaii I am being honest lol I don’t buy wholesale from anyone and Tech has never given me items. Don’t know what to tell you other than that 🤷♀️
what is your jeans store called?
Sorry, I don’t share or link my main store to keep non organic traffic off of it.
I have a question. Doesn't Ebay charge a "Final Value Fee" also on top of your 8% promo fee?
That's accounted for when I plug my numbers into the eBay Fee Calculator website. They take out FVFs in the calculator because it also depends on if a store is Below, Above, or Top Rated and what store subscription they have. It's a really cool tool to utilize when finding your profit!
@carrieathome I'm a casual seller so I sell on Ebay but don't have a store so it wouldn't work for me. Lol
@@kabrdy2057 the tool has a “no store” option you can choose from!
I wonder if this is possible with other niches than clothes.
I would believe so! Just takes education on higher profit items that sell relatively quickly in whatever niche and finding a way to get those items.
Any idea what is causing them to close some of the bins locations? I’ve seen several videos of people upset because their local bins is being shut down.
I haven’t heard that. I have two bins in my area and they both seem to be ran well. But I guess time will tell 🤷♀️
@ I saw a video of a reseller in Oregon who was upset about his local bins closing. I saw another one somewhere in the south, I already forgot which state the bins were closing there too. They also closed the one where I used to live in Arizona.
God’s Blessings to All. Pants… then Shirts, killer sales! - Pickers Sale
How much do you charge for shipping?
I have three tiers, $6.99 $9.99, and $12.99
So am I understanding that once you get to the 3000 profit you're going to quit the challenge?
I’ll be merging shirts into my main store at the point. But yea, I won’t be keeping them separate anymore.
Do you think promoting at 5% vs 8% makes a big difference?
Not entirely sure. It would cost more for sure. If you’re happy with 5%, I’d keep it there so you keep more money per item.
Great video 😊
Thank you!
When you count cost of goods are you only counting the money spent on the items that sold. 2,400 spent on growth is that on inventory which sold that month too. What about all the thousounds of pieces which you spent money over the course of time that hasn't sold yet , wouldn't that tie money up ? You spend 2,400 monthly to get 5 sales a day ? Im sorry I'm totally clueless on this model. Ill just rewatch im confused i need a dummy version of this lol
The number is 240, not 2400...its cost of goods she bought this month and did not sell, 2 per day, 60 per month x 4$ = 240$
Nataliya found where you might be confused!
My niece just had a beautiful baby girl on 10/24 :) Did you find out if its a girl or a boy or is it a surprise? I told my husband I just wanted to see your baby bump, lol! Guess I'm all into babies right now lol! So excited for you and so interesting to see how you manage it all! Take good care and thanks for all the easy to follow advice, you're so smart!
We’re having a boy! Thank you :)
Your self-employment tax (SS + Medicare) will be 15.3%.
Yes however with leveraging deductions and write offs (my bottom line) my actual out of pocket cost for taxes will be less than paying 15% off my top line.
What is your point? @hotrockcollective
❤this was great! question so it’s a shirt and jacket store for men correct? You look incredible, when is baby due? It’s always so nice to watch your videos…..learning so much
It’s shirts, jackets, anything you wear on the top half. I list both men and women’s items but it’s usually men’s items that have more money in them. Thank you!
@ OK got it makes a lot of sense. I’m thinking of doing something like that in my retail but right now I’m in the hospital and I have been here for over 30 days because my gentleman had a bone marrow stem cell transplant and we are and what they call isolation. it is the hardest thing to watch a loved one go through and it has completely shattered my heart so thank you for this wonderful video
@ I hope things start turning around for you 🤍
@@carrieathome thank you so much ❤️❤️❤️❤️I know it will because I have faith BUT it is a very long detailed process, Cancer Sucks!! So for now my resale shop is closed and I’m okay with that. Thank you again for your kindness :)
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Is that actual profit? Or is it just average or round about number? I’m only asking because I did the same math on mine and it’s showing more profit than what’s actually being deposited in my bank account. I’ve been going off of bank account payouts cuz it’s so much easier for me.
It matches payouts pretty spot on. Return shipping label costs, refunds for returns, sales tax, store subscriptions, item cancellations, etc are all pulled from payouts so that may be where your difference is.
@ okay! That makes total sense. I wasn’t thinking about returns or store subscriptions. Thanks! 😊
I’m an accountant and I’m going to say I want to move to where you are lol. Our taxes here are about 20%. Half of what you put side. Great video.
Yea it’s crazy how different everyone’s taxes work out in the end with all the different tax brackets, deductions, credits, write offs, state tax vs no state tax. I figured 10% was a good middle the road for example and people can plug and poke their own numbers for a more accurate representation :)
Seems your “shirt store” became a “coat store.” Good to know.
I always intended it to be just anything you wear on the top half, t shirts, tops, jerseys, jackets, coats. Saying shirt store was easier than top store.
Fantastic video Carrie well done👏👏👏 the numbers in your sku system do you peel them off then reuse the number sku again or how does it work please 😃💕🇦🇺🇦🇺🦘🐨🦘🦘
Thank you! I never reuse sku numbers, I just keep moving forward into infinity :P
if you reuse them and don't date it you won't know if it's a old item I do it the way Carrie does it then if I still have lower numbers down the line I will do discounts or auctions to get rid of old stock
@carrieathome sorry from france😅
carrieathome hi carrie i hope you're fine and i love your content and your program seller on ebay , iam ismail iam from frnace and i love your chanel RUclips and my hope is i want to start selling from france and Worldwide , please can you help me for that or if you have a course i will buy it to start please help