Last week we announced that we are going to start a new series that will showcase 1 item that we have sold on eBay for a profit. The goal of our series is not only to entertain you (gosh, I hope this does that!) but to encourage you to think about selling items on eBay as a source for earning extra money.
Selling on eBay is a part of our life, and we love it. You can read more about our eBay adventure here.
Now, on to the fun!
You sold that for how much?
While out at rummage sales this summer we stopped at a church sale. It was small; very tiny! They had mostly clothing for sale and while their prices were really reasonable, we did not pick up too much on the clothing tables.
We did however spy 2 big bolts of vintage sewing trim. It was off to the side, by old sewing patterns and thread spools. It was marked $1, but the workers at the sale said if we wanted to buy both bolts we could have them both for $1. Score! We had no idea if they would resell on eBay but went with our gut that said that they would. After all, look how much is on the bolt! If nothing else Kelli could put her creative genius to work and use it on something!
We bought both big rolls of trim for $1!
We brought the trim home, took a few photos and listed it on eBay as vintage sewing trim. We did not measure out how much was on the bolt; there was a sticker that said it had 144 yards when new so we mentioned that on the listing. We put the item up for auction with a starting price of $45 + free shipping. No one bid on the auction and after 7 days it ended. We relisted the item under eBay’s fixed price format, priced at $59 or best offer.
We received an offer for $46.50 and we accepted! You can view our listing on our eBay store Vintage Collectible Memorabilia.
Here is what the profit breakdown is on this sale:
Selling price 46.50
eBay fees -4.19
Paypal fees -1.65
Shipping cost -8.07
Cost of item -0.50
Profit…………..$32.09
You can do this too! eBay makes it easy to start selling with their Learn to Sell Online help pages.
