So you've made it to that point. You've got 10,000 listings or more on eBay. You are making a lot of sales per day. So many that it's kind of becoming a hassle to deal with all the questions and returns.
You have some options.
1. You could raise your profit margins to something like what I have below.
2.a. You can employ some Virtual Assistants (VAs) to handle your eBay business for you.
2.b. Reach out on our Facebook page for some great advice on VAs.
What would you prefer?
100 sales per day making $1.00 per sale;
or 10 sales per day making $10.00 per sale
These both will yield $100.00 profit per day, but the first option will also yield more returns and questions.
The 2nd option will yield fewer returns, the same profit, and a few emails from people asking you if these prices are a mistake or not. Those are bargain shoppers and you wouldn't have made a sale to them anyway.
Mine is a test account so I mess with my numbers a lot but for the most part it's something like this below and I'll update mine from time to time.
If you have very low margins compared to mine and you instantly raise your prices this high, be prepared for an extremely low amount of sales per day; but an extremely high amount of profit per sale.
You need to make sure that your seller limits are high enough on eBay for something like this also.
At the time of writing this, I have 25,000 listings up and I make 5-15 sales per day. My lowest profit is usually ~$20.00 and my highest so far has been ~$400.00. Daily I'll make $150 - $400 profit.
My gross sales are around $20k/month and my fees + source costs are around $14k/month.
So after fees and all my net will be nearing $6k/month.
Will I really make sales with prices this high?
5. How nice is the template? (This definitely ranks less than 5% of a buyers decision)