Happy Super Bowl Sunday! Below is a summary of my sales, expenses, and profit for the first month of 2015.
Number of items sold: 50 (up 19 from last month)
Average selling price: $26.84 (down $4.57 from last month)
Total profit: $872.31 (up $171.27 from last month)
I had an almost $370 increase in sales this month from last month, however, my profit increase was less than $200. One reason for that is a greater-than-average amount of expenses in January.
Here’s what I bought in January, in addition to COGS, shipping fees, eBay/PayPal fees:
- The Easy Auctions Tracker Spreadsheet ($40)
- New clear poly bags for shipping ($16)
- Some poster boards to act as a background for photos (which didn’t work as I was hoping) ($13)
- Seamless paper to act as a background (which works way better than the poster board) ($44)
If it weren’t for those (mostly) one-time expenses, my profit would be up another $100 or so. However, those supplies will increase productivity and efficiency, so I consider them a good buy!
And, for fun, my biggest sale of the month was this St. John Jacket, for $99.99:
How about y’all? Any big sales? Was profit up or down for you in January?