How often do individuals sell things online?
-
I mean folks selling things like furniture, tickets, electronics, etc. through craigslist or ebay or StubHub, etc. - not professional sellers. And added bonus - how much do they usually make?
-
Answer:
The eBay eco-system has a large number of "individual sellers" who are making their income from selling on-line. These sellers source products, take pictures, post listings, test content/prices/strategy, pack and ship the product, answer questions, handle refunds, file tax reports, handle the frequent eBay changes, etc. They keep extremely low overheads (working out of their homes/garages). The average seller has an ASP (average sales price) of about $30. The ship/sell about 20 per day (so $600 per day). Their schedules are flexible, but they definitely work at least 5 days a week. That nets them about $3,000 in sales per week x 50 weeks = $150,000 in total annual sales. That's for a dedicated single seller -- you can cut that in half for a half-timer. From that, they pay eBay/paypal 15% fees, and probably have gross margins of about 40% (prices are brutal and shipping is usually free with generous return policies). Doing the math $150k in sales less $90k in product costs, less $22.5k in ebay's take, less shipping supplies, returns etc... They make maybe $30-40k per year. On an hourly basis they make about $17/hour. By the way, most will tell you their "profit margin" is is north of 20%. But in reality, their profit margin -- after accounting for their time -- is near 0%. But they are flexible with their time ;)
Brian Lawe at Quora Visit the source
Other answers
There is no real frequency for people selling things online.However, people who sell things online have been observed to sell about 6-8 things every six months.This is probably because people sell things that are no longer useful to them. So this happens when they purchase new things. So it differs from individual to individual on how often they sell products online.VEXO is a brand new app to buy, bid and https://play.google.com/store/apps/details?id=com.app.vexo.
Subhash Sudar
Related Q & A:
- How To Sell Beats Online?Best solution by Yahoo! Answers
- How can I sell things on ebay?Best solution by Yahoo! Answers
- How to sell things online?Best solution by Yahoo! Answers
- How do you sell things on Amazon?Best solution by Yahoo! Answers
- How do I sell stuff online?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.