Wednesday, May 27, 2015

Update on Experiment

Earlier, I posted about my experiment.

Almost a month later and I have earned $80 in profit.  I've sold about 18 items (a couple of which were sets).  The least expensive item I sold was $3.00.  The most expensive item I sold was $15.00.  Initially, the first week or so that my items were posted on the web site (they do the photographing and posting), I sold several items that were lower priced.  Then my selling rate slowed down and I sold an item here or there but the items were more expensive.  I have 8 items (include a couple of sets) posted and priced that have not sold.

I did much better selling maternity clothes that I did selling infant/baby items.  In fact, I have only sold one baby item thus far.

At present, I have another big box of mostly maternity items to send off now.  The items I am sending in this time are my high end, business and fashion maternity items.  I also had almost all of these items dry-cleaned so I will need to price the items high enough to recoup my dry-cleaning expenses.   These items will likely be priced at $30 or more to account for dry-cleaning costs of $10 and original prices of $80 - $130 per item (and many were only slightly worn).

Wish me luck.

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