Forum

Which do you prefer?? High ticket items, low volume OR ....
 

As the title states ... Which do you prefer?? High ticket items, low volume OR Low valued items but high quantity?

Right now I find myself with low valued items and having ALOT IN STOCK which means I am selling items everyday. However, it takes alot of sales/work to see the numbers I like to see. Which makes me think, should I switch my product to something of higher value or I'm in the right playing field?? :noidea:

Any advice will be greatly appreciated!

Thanks!

If you're working solo high ticket/low volume is way better imo, less time to pack and ship, less inquiries, returns etc. I shoot for $50 profit per item nowadays, especially for stealth accounts that start at only 10 items per month. You're gonna need a lot of stealth accounts if you're only making $5-$10 a sale.

Plus my brother does low ticket/high volume with body jewelry. It looks like a pain in the ass all the packing he does everyday. 100+ padded envelopes takes up too much time, then he has to deal with returns, questions, more listing. Ugh :ballchain: I actually cut my body jewelry account after it started taking up half of my working time for a fraction of the profit.

I like your concept. Makes alot of sense. Now my question for you is, to achieve making a $50 profit per sale. Does it matter how much money you have invested into the product? Let's say $300 at cost to sell for $400 (than subtract shipping/pp/ebay fees) Or is there a limit on how much your willing to invest to clear $50 profit?!?

THANKS IN ADVANCE!

I agree with Jamblix.

I did low value/high volume and it was soooo not worth it in the end. too many sales can also lead to a lot of cases/disputes which will in turn compromise your account.

I use the Low Value/High Volume approach.
I would rather make $5 Net 25 times than $100 Net once.

I used to fluctuate between the two in my heavy wheeling days. I still like the big yield-low volume in general because of all the packing and hauling off to the postal office.

I like my lower value 25-100 items and high volume.

I do toss in higher value items as well and do well but I have found after all the years of buying and selling my type of items I keep my 75-80 sell through rate because of my pricing etc.

Very high items create risk and issues, low price items tend to not give you much hassle.

I can match most high dollar sellers probably in dollar amount. Sure I do a lot more work but in the end less time and hassles.

Most high dollar items have to be relisted and relisted in most cases. I want my items to sell the first time and they do in a high rate.

this.

I wouldn't be surprised if some people on here shipped over 200 items a week while I ship 200 max. in an entire month lol

If anyone's willing to share, how much (quantity wise) do you sell/ship monthly?

I'm kinda curious

I have taken more then that to the PO in a single day.

I would be disappointed in myself if I did not take 50 or more any time I went to the PO.

totally agree with you! <3

My best weekend EVER was over 1200 items.
2012 Black Friday weekend.

I prefer to sell items that average $100 profit each and sell 1 per day per account, much simpler, less work and more money in my pocket=)

There is a thread from a while back with many posters stating how many items they sell. Some amazing numbers if I remember.

Search for it, you might be shocked.

There is arguments for both tactics.
High volume with low margins usually means less problems but a lot more work dealing with it all .
Low volume with high profits can be problematic as you only need see 1 or 2 returns to ruin your month and customers who have paid a high value for an item seem to think they own you so customer relations must be spot on.
I think the trick is a combination of both so it balances itself out.
Why limit yourself with guidelines .
As long as your selling your earning regardeless of what it is.

Whatever works for YOU is the way to go.

A bit of both works well for me.

More lower price brings me just a much money and sales volume and more profits but I also toss in the higher priced items as I do them the higher price antiques a lot.

im tight profit, high vol... you bust it everyday, but I enjoy that. I'm a workoholic robot.

im slowly ramping up a little more each week.

I use a mixture of both. low profit, high volume items on accounts with lower feedback until I can get the numbers up a bit. Once my accounts are proven to be good, I switch to low volume high profit items.

My low profit items avg 10-40 dollars profit per item in auction format. My high profit items, can range from 50-300 dollars per item. It really just depends. I shoot for 300 low profit items per month and 50 high profit per month. Of course, there's only a few months out of the year where I can hit these numbers with that profit. The rest of the year it's much slower and less profitable.

im kinda lazy so high profit is what i look for

why would i spend 10x longer doing everything when it makes me the same amount of money?

95% $10-$30 items x10,000+ a month, 5% $100-1,000+ x20 a month

Low Cost High Volume is the key to success.

sadly I saw this on my hacked account. I rather sell high ticket/low volume items... less stress, less complaints, win-win.

This is normally a good way to go as well :). I'd wait till I get to 100 SELLING feedbacks before selling high ticketed items like iphones, high end tvs etc, etc. It helps having more than one account too ;)

I will sell anything profitable and as much of it as I can. Whether it is $.50 profit or $200 profit. I have some accounts that are selling 100 items a month and some that are selling 5,000 items a month. There will be plenty of time to sleep when I'm dead.

I would say more expensive items and less volume but probably good to have a mix so that your feedback percentage does not go down so fast (in theory)

I sell 80-100 items per month, the people at the post office hate me, we only have a little village PO and normally 1 person serving, I go once a week with 20-25 packets all recorded delivery so by the time I am finished they are out on the street....Honest I feel like I am doing a walk of shame when I walk out of there with everyone with that look....You know the ones that if looks could kil!!!

I am curious for the big sellers like selling 1200 items in a weekend, how do you post your goods? Do the big sellers use some kind of couriers? Cant imagine me going to post office with anymore parcels than what I already take, it takes about half an hour to serve me!!

Those percentages supposed to be profits? :)

hahaha that would be a huge difference

If you are doing 100 a month you JUST qualify for an account with PO
Means a reduction on charges usual £3.65 recorded cost goes down to around £2.90 for example .
And the best bit .. they collect from your premises / home.
So no more standing in the post office queue getting death stares from the coffin dodgers waiting for there pensions.
Have a look on po website for business solutions

Why don't u use Endicia. I use it as it sets up easily at home and I print it right off. It is not connected to eBay so the real address is not linked and all u gotta do is drop it off. Sometimes dropping it off after hours is good too, as long as they have that drop off box for parcels and normal letters.

[QUOTE=Sandy D;409132]I have taken more then that to the PO in a single day.

I would be disappointed in myself if I did not take 50 or more any time I went to the PO.

Why are you guys ging to the post office anyway. Just call them and they pick up nowadays. Even better, if you have good volume get a corporate discount from UPS or Fedex and get their automated shipping systems

^^^^^^ Just like small PO, you can run into nosey carriers with a ton of packages with return address all over the place.

Of course my carriers get Christmas bonuses, snacks & drinks on hot days so they ask no questions, they love me. :shhh:

You need to go in the back where the employees work. That's how I do it.

[quote=liimey;411225]liimey what service do you use in Canada for pickup?

On my Amazon account I was selling hundreds of phone accessories a week. It was such a pain in the @$$ running back and forth to the PO. I was spending all day packaging screen protectors and dealing with returns and messaging customers. I wanted to blow my head off. I ended up paying to get a website built, similar to Gazelle. People send me their phones/electronics and I pay them through PayPal. I am averaging 150-250 phones a month, and I make way more than the small ticket items. But as everybody suggest, don't sell higher end items unless you have a pretty stable account on eBay/Amazon. I slowly built my account up, and it isn't stealth its my main account.

I go for the lower price high volume route. I may have to change this model though seen as i have learnt how VAT works.

I just started selling markers... Pretty fun but the first thing I've sold under 10$! They are selling well, but I can't imagine getting used to selling something every day!

I usually sell graphics cards for 160$ at the very least.

By the way, Ebay doesn't seem to have a problem with the word GRAFFITI... at least not in my experience, I have a disclaimer in my marker listings anyway.

Looks like he left us in the dark :)

He`s busy packing those 10,000 cheapies. :laugh:

I sell from 80 to 165 items per month that are price range 9.99 to 29.99 with a good profit avg. And if a customer claims they want a refund or return or whatever it is. I won't cry over a few dollar items really.

If I was selling a high end item costing me a lot of money and one customer claims and ebay or paypal is in their favor I would lost out big time. I like to deal with smaller items people can spend money on.

If you sell stuff for $9.99 about 80% of the world has money for it.

IF you selling something for $250 only 15% of the world have money for it. And if they claim item is not as said. You lose out!

If someone claims it on my tiny items. I wouldn't care. I only get about 1 to 3 refunds per month. Customer not happy and so on.

About 20% of my customers come back to buy more. And they can buy more then one and I give deals buy 2 get 1 free, or buy 1 get 1 free but I make the prices higher.

Plus selling electronics is a pain I would imagine. If you don't sell it in 3 months time the price drops = you losing out on it.

I like to sell stuff that do not expire and the price does not drop. Smaller profits larger volume is the best. I don't even do the shipping part with packaging, my friends do that for me. I just push the orders!

Some people just want a refund and keep the products, I tell them to ship it back and its on the policy of returns on ebay and people can't read or don't care to read. Some people buy stuff, and then claim on their credit cards that they never approved of it. And don't even contact me back or anything. I hate people like that! And it hurts our accounts at times and we get -$20 fee cause of it.

Yeah 10 thousand cheapies for what ? a new hair do? lol It's funny I've got 1 account with no paypal holds and no seller limits, been selling nothing but high risk software for months

$3-$500/3-5 items per day for months and not a single problem, not 1 neg, no vba, ⊗⊗⊗⊗ address, no phone #, it's amazing what they let you get away with, why even bother with the cheap stuff @\/@

I think the minimum is 5,000 items per annum (packets and letters inclusive)

Packetpost