You are 100% the only reselling content creator I trust because you let the data talk, and if the market is doing poorly, you say so!
@SarahStylesLLC10 ай бұрын
Awe thanks. Numbers can’t lie. It’s just learning how to interpret them.
@tisket10 ай бұрын
Bravo, @sarahstylesllc! MATH WORKS! I too have cut back on the amount I list per day and have started to focus my time sourcing more QUALITY items with a high STR that I target to move in 90 days or less. I often don’t leave without checking the STR of what’s in my cart (or knowing I can easily flip an item to attract decent store velocity). I’ve also gone through old inventory and have either REALLY dropped the price or rebuilt the entire listing. By dumping the busywork of listing more items… which kept me spinning my wheels, I’m starting to see a smaller, more efficient store that allows me the luxury of more time outside of the reselling world. Still a work in progress, but beginning to see results. Thank you for this video - it shows others they can do the same!
@bluroks110 ай бұрын
Hi Sarah, great video as always. We are down almost 50 percent. Sell through rate is down to 1 percent. Been on Ebay since 1997 full time. Had one sale Saturday one Sunday which we made a offer and Monday was zero sales. Sad. Posting for no one. Looks like we have to drop prices to the bare minimum just to have a chance to stay afloat
@SarahStylesLLC10 ай бұрын
What is sell through rate down from? 1% is rough, that calls for HIGH Volume or HIGH ASP with low COG. Both of which are incredible hard
@bluroks110 ай бұрын
@SarahStylesLLC sorry I meant for the month. It's been falling steadily. Something must have happened in early October. My impressions dropped and page views all tumbled. September was really ski high impressions and page views sales were down but nothing like this month.
@dlouise568010 ай бұрын
It’s refreshing to hear your take on the big “list more” myth. You are the only reseller I’ve heard this from, and I totally agree. If we have death piles (I do:) listing those items can be good. But going out and buying more items when sales are slow does not make sense financially. I have never seen a connection between # listed and # sold. The only thing that helps me sell more items is lowering prices & making good offers.
@SarahStylesLLC10 ай бұрын
Awe yes absolutely list what you have before spending more.
@les0101s10 ай бұрын
Thanks for more great insight. Wow! To top it off, my thrift stores want more and more too. It's really hard to find a $5.00 item. I was out thrifting today and was afraid to buy much, because I don't have the confidence right now that things will sell. I can really see the competition when I'm listing. When checking comps on eBay, I keep seeing more and more of the same items. Could also mean people aren't buying as much. I'm going to do what you're doing and try to get more of the items I already have to sell.
@SarahStylesLLC10 ай бұрын
Awe yes thrift is definitely charging more. And harder to find good stuff. I find
@atomicgeisha2 ай бұрын
Thanks so much teaching me how to be a better reseller on ebay
@pnw-coast10 ай бұрын
The other thing I'm starting to notice more nowadays is that when sellers say things about more/less sales than are they referring to dollar amount, profit, or items. Someone could have less items sold, but still have more gross revenue if their items are different. Or vice versa. So many videos from various sellers that say "I'm down 30%" but they don't specific whether that's volume or revenue. At some point, it just becomes noise.
@SarahStylesLLC10 ай бұрын
Yes! this! And being up 30% is impressive on socials, but often it's gross number.. is the sell through rate up as well? Are you paying more employees? When I was growing my gross was ASTRONOMICAL but I wasn't making any more money because i was just reinvesting in more inventory
@aalbertsr10 ай бұрын
Hi Sarah. I appreciate you!. When you change your listing to a promoted listing at 15%. are those additional 3?% added to the standard fee rate? Or are there two separate fees of 15% and 12?% = 27% fee?? If it's just adding 3% to the set fee wouldn't it be better to quit running sales/offers and just list promoted only?
@SarahStylesLLC10 ай бұрын
Hello! It’s one fee of 15%. And running sales helps when people are searching for items, if they click “deals” and my items aren’t on sale then they won’t see any of my items. I could lower my sales % but would still need to be mindful of pricing strategies to stay competitive
@aalbertsr10 ай бұрын
Thank you. @@SarahStylesLLC
@techiegirl292710 ай бұрын
I agree please stop listing so much everyone .....don't list list list. List accordingly dontnlistem to all the big profitable sellers saying to list more.......list less
@therealjenniferrr10 ай бұрын
PREACH! Do you think the long term strategy might be to either double down on faster selling brands and/or higher $ selling brands? Cause like you said, you can only sell through at higher rate vs what you are listing new for so long before you run out of inventory listed. I'm currently at same strategy where I'm listing less, my store peaked I think somewhere in 600-700 listings and now I'm down to less than 500. 😵💫
@SarahStylesLLC10 ай бұрын
Yea pretty much. Just doing this as we see what the economy and the saturation are gonna do.. it’s hard right now if enough people Leave saturation could take care of some of the problem. Only time will tell.
@pnw-coast10 ай бұрын
@@SarahStylesLLC There are people that believe the 1099-K reporting will purge some sellers. We'll see what happens.
@amej194210 ай бұрын
I have to sell things cheaper than the GW🤦♀️
@SarahStylesLLC10 ай бұрын
yea pretty much! And stores are hurting too so they are doing major discounts