Showing posts with label Ebay Store. Show all posts
Showing posts with label Ebay Store. Show all posts

Thursday, June 24, 2010

C&C Stuff Factory: Boarded up and heading home

Yesterday marked the end of an era. The ebay store, most famously known as C&C Stuff Factory, closed up shop yesterday to minimal fanfare. After a 2 year run on the market, rising ebay fees doomed the young store. I wrote a recent post describing the problems with the store in the new ebay fee structure, and after some more thought, it just seemed like this was the time to close up. As it was, the fees ebay charged to remain open were close to the profits on the items, but with 4xing the listing fees on me, the margin became small enough to the point where most of my items would cost more to list than I would be able to profit. Breaking even, or losing money, was not the intentions of C&C Stuff Factory.

I would not say that this ends my schemes at making money. That is the nice thing about get rich quick ideas. You might have a bunch that fail, but you just need that one to work, and then you are rich. And you don't have to go to work. Or bathe. Or do anything you don't want to do. So, we shall see what the next idea brings. One idea is in the works right now, with my brother being the lead on this project. Maybe a future post can detail some of that plan, but first I will need to consult with him on the public release notes.

The blog however will continue. Still many good things (and bad things) to talk about so stay tuned!

Monday, June 14, 2010

Back in Business

It has been a long time since I wrote here, but maybe this time I will be a little more dedicated to my blogging. In other words, I now have my own office at work, and over lunch might be the best time to add some material.

I am in the process of upgrading my ebay store. For the longest time I have been torn between the idea of letting the store go and close it up, or putting in some time and getting some new items. I finally decided that I was going to go ahead and get some new items, and try to push some more stuff out the door. It might be a temporary experiment, as it seems like increasing ebay fees and paypal fees are slowly pushing $5 items off the site, but I am willing to give it another try.

A month back, the Phillies celebrated Roy Halladay bobble head night. This was where the store started to make its turnaround. I had 12 bobbles to auction off, all very successfully (there should be some Sarge hats up there this weekend if you are interested...)

When those items went quickly, I decided that I just generally enjoy selling stuff on there. I have tried buying some deal a day items from best buy, with some mixed success there (I sold a few things for more than twice what I paid for them, sold a few for just a bit less than what I bought them for). I think there is some potential here, I just need better research before I commit. There have also been a lot of yard sale type items that have come up recently, and some of those went for a lot (sold our Super Nintendo and about 20 games for a little more than $225).

So, this is where I am. Working on new schemes. The thing about get rich quick schemes is that you only need one to work. So far I haven't found that one yet, but when I do, you will know about it.

Please comment with ideas you have, or just to let me know that someone out there might still read this.