Friday, July 4, 2008

Back to School, Sales & eBay

With July 4th here, back to school is around the corner. I have already gotten a "Back to School" ad from Toy's R Us. Next weekend Wal-Mart should have some good deals on school supplies. My gosh....already??? So anyway, I'm looking to really stock up on crayons, glue sticks, etc. this year. I'm thinking ahead for birthday parties (crayons and an activity pad for favors), maybe set up a craft table for the kids at Christmas, etc. Remember, the biggest rule of frugal shipping is to STOCK UP when things are ON SALE.

And now my favorite part of Back to School time....... eBay!!

The fall selling season "officially" starts mid month. That's just over a week away. Are your fall auctions ready? Mine are pulled and I've begun sticking some things in my store, just so they are at least exposed. You can't sell something that's not listed! Once an item is at least listed, it's super easy to "move" it to the store from an auction, and vice versa.

While I'm talking about eBay, I have one small piece of advice. I have tried many different price points for starting my auctions. I have stopped starting things at $.99 unless I'll be happy with it selling for only $.99. Yes, you want your auctions to attract bidders, but I'm not selling to lose money! Come up with a fair starting point, maybe $3.99 or whatever. Low enough to spark interest and get the bidding started, but I won't lose money if it sells for only $3.99. I might only make a buck or two after eBay and PayPal fees, but I'm not losing money. Price items at the lowest price you've be comfortable making on it. If my item doesn't sell, then I think of an overall fair price for it an move it to the store. It will sell!!

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Ed Hardy

About Me

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DFW, Texas
I'm a married, stay-at-home mom to two kiddos in grade school. I love to save money as much as I like to make it! Coupons, thrift stores? Lead the way! But wait....there's more! I have a BBA from University of Oklahoma and I was a banker and an accountant before I became a domestic goddess!

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