What do you consider a good profit>? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > eBay Discussion!

eBay Discussion! EBay Forum. News, Updates, or Anything eBay is Welcome. A kind of lounge if you will.

Reply
 
Thread Tools
  #1  
Old 12-05-2012
Junior Member
 
Join Date: Dec 2010
Posts: 250
Thanks: 94
Thanked 20 Times in 16 Posts
Activity: 0%
Longevity: 75%
iTrader: (1)
Default What do you consider a good profit>?

When looking for new items to sell, What do you conisder a decent profit off each item? I know each item and pricing will be different. Lets say you pay $19.95 for an item and sell it for $25, is a $5 profit considered good?

Last edited by TGMT²; 12-05-2012 at 03:27 PM. Reason: BOLD font unnecessary
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 12-05-2012
Elijah's Avatar
Senior Member
 
Join Date: Mar 2012
Posts: 1,159
Thanks: 724
Thanked 333 Times in 256 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default

Yes it is, but personally I get 1200% profit on average these days lol...
Reply With Quote
The Following 4 Users Say Thank You to Elijah For This Useful Post:
Impact (12-05-2012), Packattack12 (12-06-2012), Sandy D (04-23-2013), stanislav (12-05-2012)
  #3  
Old 12-05-2012
Senior Member
 
Join Date: Nov 2012
Posts: 474
Thanks: 39
Thanked 231 Times in 151 Posts
Activity: 0%
Longevity: 63%
iTrader: (0)
Default

I look for more than 25% on low to mid value items .
$5 profit less fees and the likes doesnt leave a lot unless your selling hundreds a day .
I generally aim for 100% markup this then leaves me something after being raped by EB and PP for there cut.
But if your going to shift volume at $5 a go may be worth a try but you dont want to be a busy fool ..
Reply With Quote
The Following 2 Users Say Thank You to bruceuk For This Useful Post:
ass11078 (12-08-2012), Iwuvcurrency (12-05-2012)
  #4  
Old 12-05-2012
Junior Member
Threadstarter  
 
Join Date: Dec 2010
Posts: 250
Thanks: 94
Thanked 20 Times in 16 Posts
Activity: 0%
Longevity: 75%
iTrader: (1)
Default

Well Da!m, I need to put in some hours and find something better! lol I have a few items that I make about 3x what I pay for them, but something they cause me trouble...
Reply With Quote
  #5  
Old 12-05-2012
Elijah's Avatar
Senior Member
 
Join Date: Mar 2012
Posts: 1,159
Thanks: 724
Thanked 333 Times in 256 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default

You'd be making just over 20% on that. That is actually very good markup for a "legit" product. And if you are able to sell a lot of this item then you are doing great.
Reply With Quote
The Following User Says Thank You to Elijah For This Useful Post:
Iwuvcurrency (12-08-2012)
  #6  
Old 12-05-2012
Junior Member
 
Join Date: Apr 2011
Posts: 197
Thanks: 10
Thanked 17 Times in 14 Posts
Activity: 0%
Longevity: 73%
iTrader: (0)
Default

Lately, I've been putting my items up for auction with a starting price that will garner me 2x profit (after all fees), with a BIN at 4x.
Reply With Quote
  #7  
Old 12-05-2012
just_smile
 
Posts: n/a
Activity: 0%
Longevity: 0%
Default

Its not always about the amount of profit per item. Making £5 on one item isn't going to make you rich. But if you can sell 100 of them a day...

Its all about volume in my opinion.
Reply With Quote
  #8  
Old 12-05-2012
Senior Member
 
Join Date: Nov 2012
Posts: 474
Thanks: 39
Thanked 231 Times in 151 Posts
Activity: 0%
Longevity: 63%
iTrader: (0)
Default

volume vs profit.
always a sticky one .
all that matters is the gross amount deposited in your accounts every day and what you have to pay from this .
I personally prefer to sell less and get more but thats just me .
Ive done the 1000s of items a week to gain small margins and the only winner in my eyes was the couriers and EB PP
Sonow i mark up more so im the winner .
Yes i sell less but i make more .
Reply With Quote
The Following User Says Thank You to bruceuk For This Useful Post:
Iwuvcurrency (12-05-2012)
  #9  
Old 12-05-2012
slim jim's Avatar
Executive [VIP]
 
Join Date: May 2011
Posts: 1,788
Thanks: 376
Thanked 440 Times in 349 Posts
Activity: 0%
Longevity: 72%
iTrader: (0)
Default

Quote:
Originally Posted by Iwuvcurrency View Post
When looking for new items to sell, What do you conisder a decent profit off each item? I know each item and pricing will be different. Lets say you pay $19.95 for an item and sell it for $25, is a $5 profit considered good?
if you are selling 1 a day then no. if you are selling 20 a day now we are starting to talk. everything depends on volume. it is very hard to compare models to other companies, sometimes there are industry 'standards' but that is for bigger companies. if you are making good money each year that is all that matters
Reply With Quote
  #10  
Old 12-05-2012
Mr2005's Avatar
Junior Member
 
Join Date: Oct 2012
Posts: 259
Thanks: 1
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 63%
iTrader: (0)
Default

Quote:
Originally Posted by Iwuvcurrency View Post
Well Da!m, I need to put in some hours and find something better! lol I have a few items that I make about 3x what I pay for them, but something they cause me trouble...
Trouble in what way?
Reply With Quote
  #11  
Old 12-05-2012
Mr2005's Avatar
Junior Member
 
Join Date: Oct 2012
Posts: 259
Thanks: 1
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 63%
iTrader: (0)
Default

Quote:
Originally Posted by Iwuvcurrency View Post
When looking for new items to sell, What do you conisder a decent profit off each item? I know each item and pricing will be different. Lets say you pay $19.95 for an item and sell it for $25, is a $5 profit considered good?
Is that $25' then eBay fees, then PayPal fees then shipping fees?
Reply With Quote
  #12  
Old 12-05-2012
Mr2005's Avatar
Junior Member
 
Join Date: Oct 2012
Posts: 259
Thanks: 1
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 63%
iTrader: (0)
Default

My best item I buy for $7.69 I list on eBay as an auction for 69.99. Some bid up to $100.
My limit is 10 and I did that item 10x for each of the last two months.

If my limit was higher I would lower the price but I can only sell 10 so Im trying to get the most. Also, eBay is full of the same item for $20-$30 so you don't always need to be the cheapest.
Reply With Quote
  #13  
Old 12-05-2012
arshavin's Avatar
Senior Member
 
Join Date: Apr 2010
Posts: 853
Thanks: 3
Thanked 39 Times in 30 Posts
Activity: 0%
Longevity: 79%
iTrader: (1)
Default

At the moment i am all about volume. My profit per item is really low but i am shifting a few per day.

It does take up lots of my time preparing parcels. My goal now has to be to find items that create more profit.
Reply With Quote
  #14  
Old 12-05-2012
arshavin's Avatar
Senior Member
 
Join Date: Apr 2010
Posts: 853
Thanks: 3
Thanked 39 Times in 30 Posts
Activity: 0%
Longevity: 79%
iTrader: (1)
Default

Quote:
Originally Posted by Elijah View Post
Yes it is, but personally I get 1200% profit on average these days lol...
Holy sheeesh kebab. Good stuff man
Reply With Quote
  #15  
Old 12-05-2012
LoopHole's Avatar
Senior Member
 
Join Date: Oct 2010
Posts: 1,529
Thanks: 216
Thanked 174 Times in 132 Posts
Activity: 0%
Longevity: 76%
iTrader: (1)
Default

Any profit is good profit. No such a thing as bad profit.
Reply With Quote
The Following 2 Users Say Thank You to LoopHole For This Useful Post:
GreenGhost (05-12-2013), Iwuvcurrency (12-06-2012)
  #16  
Old 12-05-2012
Senior Member
 
Join Date: Feb 2012
Posts: 1,069
Thanks: 26
Thanked 203 Times in 166 Posts
Activity: 0%
Longevity: 68%
iTrader: (0)
Default

I can turn $500-$1000 into $20,000 easily over a few months. And when you do this with 200+ items....well you can do that math. So to answer your original question I do not think that is great profit but if you are doing it in volume than you will be rolling in money.
Reply With Quote
  #17  
Old 12-05-2012
BigCJ's Avatar
Executive [VIP]
 
Join Date: Apr 2011
Posts: 2,783
Thanks: 1,192
Thanked 1,021 Times in 709 Posts
Activity: 0%
Longevity: 73%
iTrader: (6)
Default

Anything that I can get into my pocket after fees and such is a 'good profit' for me. lol
Reply With Quote
The Following User Says Thank You to BigCJ For This Useful Post:
GreenGhost (05-12-2013)
  #18  
Old 12-06-2012
Senior Member
 
Join Date: Mar 2012
Posts: 1,355
Thanks: 71
Thanked 87 Times in 79 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default

Very nice amazon .

as others said im happy with any profit. I go for 10-20% for anything I sell. It adds up if you sell alot. Im shooting for 40k sold from dec1-mid jan. so for me, ima get paid
Reply With Quote
The Following User Says Thank You to user3657 For This Useful Post:
GreenGhost (05-12-2013)
  #19  
Old 12-06-2012
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 71,372
Thanks: 5,663
Thanked 8,492 Times in 7,794 Posts
Activity: 100%
Longevity: 81%
iTrader: (7)
Default

Volume is good to shoot for - but the profit margin is high. Have to do research to find the top killers.
Reply With Quote
  #20  
Old 12-06-2012
Red X
 
Posts: n/a
Activity: 0%
Longevity: 0%
Default

What's more important is purchasing very cheap items that sell like hotcakes e.g. wholesale price $7.25, and reselling for $40-$60 each, selling around 10 per day, it adds up in the end to the point where if you're humble, and don't want to be greedy you can just sell for 1 week per month instead of EVERY SINGLE DAY BEING STRESSED OUT!!!
Reply With Quote
  #21  
Old 12-06-2012
Junior Member
Threadstarter  
 
Join Date: Dec 2010
Posts: 250
Thanks: 94
Thanked 20 Times in 16 Posts
Activity: 0%
Longevity: 75%
iTrader: (1)
Default

what exact percent does Ebay take per item? And also Paypal?
Reply With Quote
  #22  
Old 12-06-2012
Member
 
Join Date: Aug 2012
Posts: 156
Thanks: 0
Thanked 52 Times in 38 Posts
Activity: 0%
Longevity: 64%
iTrader: (0)
Default

I am able to make 460.00 profit a day listing 2 of my items in ebay motors. That's all I list usually been this way for 14 months so far
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Not For Profit Organization RedShootingStar eBay Discussion! 0 10-26-2011 11:44 PM
Profit Per Item teenageebayer UK eBay & Paypal 10 07-07-2011 01:37 PM
Ebay Profit? What do you do with them? aking Subscriber Discussions 31 11-17-2010 03:06 PM
What is your profit margin ? winstons Subscriber Discussions 27 11-17-2010 05:22 AM
what is your monthly net profit? dddoch eBay Suspensions 0 06-21-2007 10:19 PM


Aspkin Group

All times are GMT -5. The time now is 06:23 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58