Nov 21, 2018: My eBay Notebook; page 4
My eBay Tip: (PayPal fees) see below.
#4--Intimate Women's M Bold Floral Short Chemise Gown & "Fits-All" Robe 2 Piece Ruffle
This is a bold floral printed short gown with a matching robe. I thought the brand was Victoria's Secret, but I couldn't find inside tags. I know it's one I bought when I was younger. It is elegant, sexy, and so comfy, but being older, I wear a different style of nightgown now.
It still looks as good as the day I bought it.
It is listed on eBay for $45.98 plus shipping, but Best Offer, BO, is available. You can pick this up at a very good bargain! Try making an offer!
It would make a romantic Christmas gift!
The eBay tip for today is on PayPal transaction fees.
These happen immediately in your PayPal account when the buyer purchases your item. You will see the transaction amount of your item, and also your shipping. You total is shown, and you'll see -.69 cents or something similar, with the final total that is yours.
The amount of PayPal fees is 0.029 of your total (item price of purchase plus shipping). Say you had a shirt you were selling for 6.20 and shipping (always figure shipping to the farthest location away; for me that's CA) 8.45 is 14.65. 0.029 of that total is 0.42485. Round up if the third number is 5 or higher. In this case, it's not, so it would be 0.42. Then add 0.30 extra, making that 0.72. That is your PayPal fee.
I always figure a profit range for each item. Any expenses would be in that. FVF (final value fee), see page 3 for that info, PayPal fee, cost of your item, storage bag to put item in, envelope or box, if you had to purchase that, and later down the line; you would update with your insertion fees. Insert fees are free for the first 50 listings of that month(I don't own a store yet), but will cost you 0.35/mo -- per listing EACH MONTH; unless there is a promotion going on.
Promotions happen to eliminate insertions fees here and there. When you get your invoice, it will list fees, so just double check and update any profit sheets you did. Your invoices will show your insertion fee savings, due to a promotion.
Shipping is NOT an expense really, although you will see a transaction for it in your PayPal account. Buy your shipping label in eBay, and you will get a small discount. While the buyer may pay $3.75, you may get it for about $3.50 or so (just an estimate here), so you save 0.25. (Just an example.)
It's basically a wash. You are pre-paying, but it's coming right back to you, and you saved money to boot!
So on my profit sheet, I do have item and shipping both to figure how much my fvf and PayPal fees will be. But I don't put that in the expense column. So you subtract your expenses JUST FROM THE COST OF THE ITEM.
And, that is your profit. Hopefully you made at least your money back. Or 2 or 3 times that amount. It can feel tricky, but it's really not.
And that's my tip for today for my notebook.
And now, a little fun artwork:
Here is my link for the gown and robe above. eBay ID# is 302963231612.
#4--Intimate Women's M Bold Floral Short Chemise Gown & "Fits-All" Robe 2 Piece Ruffle
This is a bold floral printed short gown with a matching robe. I thought the brand was Victoria's Secret, but I couldn't find inside tags. I know it's one I bought when I was younger. It is elegant, sexy, and so comfy, but being older, I wear a different style of nightgown now.
It still looks as good as the day I bought it.
It is listed on eBay for $45.98 plus shipping, but Best Offer, BO, is available. You can pick this up at a very good bargain! Try making an offer!
It would make a romantic Christmas gift!
The eBay tip for today is on PayPal transaction fees.
These happen immediately in your PayPal account when the buyer purchases your item. You will see the transaction amount of your item, and also your shipping. You total is shown, and you'll see -.69 cents or something similar, with the final total that is yours.
The amount of PayPal fees is 0.029 of your total (item price of purchase plus shipping). Say you had a shirt you were selling for 6.20 and shipping (always figure shipping to the farthest location away; for me that's CA) 8.45 is 14.65. 0.029 of that total is 0.42485. Round up if the third number is 5 or higher. In this case, it's not, so it would be 0.42. Then add 0.30 extra, making that 0.72. That is your PayPal fee.
I always figure a profit range for each item. Any expenses would be in that. FVF (final value fee), see page 3 for that info, PayPal fee, cost of your item, storage bag to put item in, envelope or box, if you had to purchase that, and later down the line; you would update with your insertion fees. Insert fees are free for the first 50 listings of that month(I don't own a store yet), but will cost you 0.35/mo -- per listing EACH MONTH; unless there is a promotion going on.
Promotions happen to eliminate insertions fees here and there. When you get your invoice, it will list fees, so just double check and update any profit sheets you did. Your invoices will show your insertion fee savings, due to a promotion.
Shipping is NOT an expense really, although you will see a transaction for it in your PayPal account. Buy your shipping label in eBay, and you will get a small discount. While the buyer may pay $3.75, you may get it for about $3.50 or so (just an estimate here), so you save 0.25. (Just an example.)
It's basically a wash. You are pre-paying, but it's coming right back to you, and you saved money to boot!
So on my profit sheet, I do have item and shipping both to figure how much my fvf and PayPal fees will be. But I don't put that in the expense column. So you subtract your expenses JUST FROM THE COST OF THE ITEM.
And, that is your profit. Hopefully you made at least your money back. Or 2 or 3 times that amount. It can feel tricky, but it's really not.
And that's my tip for today for my notebook.
And now, a little fun artwork:
Here is my link for the gown and robe above. eBay ID# is 302963231612.
| http://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_ff3=2&pub=5575378759&campid=5338273189&customid=&icep_item=302963231612&ipn=psmain&icep_vectorid=229466&kwid=902099&mtid=824&kw=lg&toolid=11111 |
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