Friday, January 18, 2008

Gone in 30 minutes!

When I started dyeing thread, and then decided to try selling it on eBay, I didn't have high expectations of amazing sales until I built up some regular customers and had been on for awhile (6 months of selling or longer). I didn't actively use eBay until last year, even though I have had an account for years. My feedback stars are low, but I have 100% positive feedback, but those were all for buying, not selling.
I tried Etsy...thinking it was more crafty-based, and I didn't even get any hits on it at all. So, I went back to eBay.

My first couple of auctions went for the starting bid of .99. Alright...gotta start somewhere right? AND...I got my first seller feedback. Still going on 100%. Next round had a couple of new bidders, but the same bidder that won my first auction won this one. Which is alright too, repeat business doesn't hurt. Then I put up a few threads at Buy it Now pricing, and those went alright. My first auction winner has been a regular customer, buying threads each time I have some available. She was also very helpful with suggestions, (pastels, Buy it Now, keywords for title, etc.) After my first couple of offerings, I decided it would be much easier to have a store. At this point, I am not really making a profit, but what I am making is paying for more thread to dye, new dye colors and my seller fees on eBay.

So...I opened my store on December 20th. Put up my first inventory, sprinkled with some auctions to draw in new customers. It went steadily. I was pleased. The batch I dyed last weekend, was going to be ready for listing on Wednesday, so I put a note in my header that new colorways would arrive on date/time. I had them scheduled, so @ 8pm on the dot, there they were all pretty and shining in my store. So, being satisfied everything was listed as scheduled, I go get something to eat, watch a little TV, trying to stay away from my computer and hitting refresh every 2 seconds. Something about a watched pot doesn't boil...

I couldn't stand it anymore, and had to go check to see if I had any interest what-so-ever...imagine my suprise when I refresh my store, and all of my new inventory is missing!!!...with the exception of 1 colorway I had just added, they were gone. What did eBay do with them? What the heck? I am going to have to figure out what I did wrong! Lo and behold I open my Selling Manager page (which I should have done to start with)...and I had sold all those missing balls in the first 30 minutes!!! OH MY!!! Mystery of the disappearing inventory solved!

I don't know if it will go that way all the time, but it sure was exciting and fun! I am going to dye some more this weekend, and hopefully up the production quantity. I have been being careful so as not to mess up a whole bunch, but I think I have the process down now, so feel comfortable doing bigger lots.

Just had to share!


Christina said...

That's amazing!! Goes to show your dyed threads are quality and people want them like the newest hot thing!

CraftyAshley said...

So where is your store? I would love to check it out. I got some birthday money burning in my pocket and I would love to check you out. I have been meaning to but forgot. Sorry! So let me know. Good luck and have a good weekend!

hamlette2002 said...

How exciting! I'm glad your eBay project is going so well...keep up the good work!

Lace-lovin' Librarian - Diane said...

Wow! That's exciting! I hope you haven't given up on Etsy. I love shopping there. I shop on eBay as well, but somehow I get more inspired at Etsy. Good luck!