The customer then returns the product, setting off a crazy series of events. Let’s say I want to return the Ripple Rug I just bought. I’d push the “return” button on eBay. AFarAwayGalaxy would then go to Amazon, acquire a return label (which is free for Amazon Prime customers) and send it to me. But because eBay sellers can set their own return policies, AFarAwayGalaxy reserves the right to charge customers a 20 percent “restocking fee” -- which in this case would come out to about $ -- as well as a shipping fee. Meanwhile, Amazon would charge Ruckel a return fee and ship him the product so he could inspect it. Almost always, Ruckel says, returned products have been opened and are covered in cat hair -- making them impossible to sell again.
Hahaha Spot on. I am only ever really interested in doing anything to make money that I can consistently replicate and scale drastically – if I am going to cap out at making $15k and then everything I learned in the process is pretty much tapped out then that is not a strategy that is worth pursuing at all for me (now if I could work very hard at something and make $15k after 6 months and then $50k over the next 6 months and then $300k over the next 6 months and then I can hire employees to run the mini business/system I created for $50k a year while it makes $600k + annually then that is more to my liking)
.-= Credit Card Chaser´s last blog .. Think You Could Go Into Massive Debt While Making $10 Million/Yr? =-.
I didn’t read most of this thread, but crucial to an item being seen (then sold) is the “sell thru rate” (STR) which is NOT a monthly ratio of sold items to listings. Instead, STR is the ratio of clicks to sales. Soooo, if you only listed 100 items on the 1st and they all sold by the 30th, this is NOT 100% STR as most think. Nope, not in voodoo ebay world! Instead, STR will SOLELY depend on clicks…such that if it took a TOTAL of 1000 clicks to sell all 100 items, you’re STR=10%. It’s as if ebay can’t afford server time/space and only cares about surefire sales. This why some sellers with HIGHER prices sell MORE than sellers with lower prices…ebay simply hides the lower priced listings if they haven’t sold “fast enough”. Let’s face it, these computer algos are voodoo, not the AI that their nerd herd brag they are…