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Quasar +Reps

Can you send me the link?
Your the best thank you x

Hey guys and gals!

EVERYONE should have gotten a PM with my link in it now!

Just another brief note - my talking is in the new video below.

One more quick shout-out to Charlie for watchcount.com. Repped you again!

As always, show your thanks with reps!

Enjoy:
http://youtu.be/X3PktD22w28

Rock and Roll!

Quasar - Out for now!

Thanks for the shoutout in the video, Quasar. You've helped me a bit with the latest video.

Minor point: During your rant about how people don't read anymore, you pointed at a product on Amazon that could be had for roughly $4.63 each.

Ahem....and in doing so, you failed to notice that the product in question was labeled as an "add on" item, meaning it cannot be purchased separately, but must be purchased along with something else.

This item is available because of the Add-on program
The Add-on program allows Amazon to offer thousands of low-priced items that would be cost-prohibitive to ship on their own. These items ship with qualifying orders over $25.

It's a minor quibble; I wouldn't even mention it had it not happened while you were complaining about how people don't read. ;)

One other point - when checking an eBay listing that shows how many units that particular seller has sold, it's worth clicking on the link to see how many units they've sold lately. Let's say that we see that someone has a widget for sale for $99.99 and they've sold 1402 of them. When you click on the link, sometimes you'll discover that they've sold ten units today, which is good. Sometimes you'll see that they haven't sold one in a month, or worse, all of the sales they made were at $49.99 and they've just raised the price and now they're not selling any of them. The quantity sold doesn't tell much of story.

Thanks for the video. Reps for you.

Charlie

Hahaha!

OK Charlie, you got me! It was the best I could do in the 46-minute lunch break I had after a grueling morning - eating and trying to get a coherent, quickie video done AND uploaded.

Multitasking sometimes doesn't work - even when you're used to it like I am. Could you tell my mouth was full?

But I hope you got the point. A listing further down the same Amazon page has the object of this discussion at $9.01 for a two-pack (not an add-on).

And this is not rocket science - it doesn't take looking at items through a microscope and a-g-o-n-i-z-i-n-g over every minor point.

Anyway, farther down the same page, this means it is at $4.50 a bottle - less than the first (bad) example.

The failings I see with this are the same failings I see in every opportunity people are given.

The EXCEPTION mindset!

Find, quickly assess, decide on sourcing, and the hardest part of all - take freakin' action!

What is the worst that can happen?

You will screw-up! Surely, this must mean death-by-hanging - or perhaps a white-hot brand to the forehead!

And young people still cannot read, write or comprehend anything beyond secondary school English!

They do too much panning and scanning, and too little reading - which has changed how copy and ALL text is being written and structured today.

It is more than my opinion - just look at basic literacy, academic test scores, ask college professors, and listen to plain, conversational English.

There are too many people relying on texting while seated at the same da*mn table! Isn't that gr8?!

And of course, let's not forget the model for executing proper literacy today - Twitter.

Mindless verbiage intended to communicate irrelevant pseudo-English in 140-characters or less.

With whom - Amazonian pygmies?

Quasar,

I enjoyed your rant ol' boy:)

(02-01-2014 08:57 AM)essmeier Wrote: [ -> ]One other point - when checking an eBay listing that shows how many units that particular seller has sold, it's worth clicking on the link to see how many units they've sold lately. Let's say that we see that someone has a widget for sale for $99.99 and they've sold 1402 of them. When you click on the link, sometimes you'll discover that they've sold ten units today, which is good. Sometimes you'll see that they haven't sold one in a month, or worse, all of the sales they made were at $49.99 and they've just raised the price and now they're not selling any of them. The quantity sold doesn't tell much of story.

Thanks for the video. Reps for you.

Charlie

Charlie, Charlie, CHARLIE!

I overlooked addressing this. I have used the sales numbers since I began doing this.

Your comment is an excuse - AND an exception - for not doing it.

If the seller is indeed doing something wrong, then you look to fill the void s/he left.

I have filled lots of these "voids" - don't assume a sales or price drop is a leading indicator of ANYTHING!

Failure leaves far better tracks than success. It is often lots easier to figure-out what someone has done wrong.

No - you can't always do it based on sales numbers, but often you can. They may not know or be able to source as well as you can. Hell, they could be having money or administrative problems you know nothing about.

How about divorce or illness - or just bad judgment? You just cannot assume something stops selling or is erratic - just because.

You're making lots of negative and bad assumptions here.

No data is perfect, but you have to use something as a base metric.

What if he got lazy or got out-maneuvered by someone that CAN write great auction copy. What if he didn't run auctions for a while?

What if he found a more profitable venue to sell in? (Happens all the time!)

No my friend, I will not buy into the exception mindset just because recent sales figures s*uck. You've got to do what you can to find out why.

Sales are like energy - they never go away - they change direction, are made by competitors or taken by vendors in different venues.

The change in form - they don't disappear.

And there are still things we have not talked about to generate sales. I find these gaps in niches and markets all the time. And if I can find them - anyone can find them.

And he could be doing what I often do - I drop goods that have good sales numbers but poor profit margins. I might still list them but my emphasis shifts to the stuff I make more money on - which is just as it should be.

I also drop things when they stop moving because a price increase is what I have to do, and they don't sell as well.

Hell, I outmaneuver people every day doing this - and it isn't hard. You don't really think the majority of the sellers on Ebay are professionals, do you?

Lots of good businesspeople stop because they make that assumption.

Lighten up dude! You are making this way too hard - just as I am positive many others are.

(02-01-2014 10:33 AM)Quasar Wrote: [ -> ]Lighten up dude! You are making this way too hard - just as I am positive many others are.

Ouch!

Quasar, it's like you can see my computer screen

This was me before ( and still some now)

Now there's a glimmer of light at the end of the tunnel

cheers m8!

Let me work my way back up this page to grab the link to this video to see what all the fuss is about! ;-)

Fred

P.S.: Thanks, Quasar for taking time out of your day (lunch) to create it. And thanks, Charlie ((essmeier)), for your feedback and observations which lead Quasar to impart some more of his wisdom and experience upon us ... thus encouraging us all to not assume things, delve deeper to gain better understanding of what's happening, AND not make it too hard!

Quasar,

Thanks, this thread has been inspiring. Placed rep.

Please can I get access to your link?

Thanks mate :)

Lighten up dude! You are making this way too hard - just as I am positive many others are.
No data is perfect, but you have to use something as a base metric.

I agree, Quasar, I'm just pointing out that the numbers can sometimes be misleading. If they are, you need to keep searching.

I was looking at a product today that had 1000+ sales, hundreds of watchers, and a price of $250. I could buy it wholesale for something like $40. Whoo hoo! Goldmine! Time to make fat bank! Or...perhaps something isn't as good as it appears. I clicked on his sales link, and saw that every one of his sales were made at $37.99. Why is the price now $250? Who knows? He sure had a lot of watchers, though...but no one is buying at that price, which I suspect was marked up sometime after all of these people decided to watch the product. After all, every other seller was charging nearly $200 less for the same product.

I've seen about ten examples of that today, across a broad spectrum of products and in a variety of price ranges. A current selling price that isn't even remotely related to what the seller has actually sold the thing for in the past.

Since the point of doing this research is to see: 1. What is selling, and 2. What it's selling for, that's kind of important, IMO. After all, if all it took to make this work was to buy items for $40 and list them at $250, I'd be on a beach now and not typing something here. ;)

I'm no stranger to selling on eBay. My feedback is in the thousands. This is a different business model from what I'm used to, so I'm doing a lot more research than I usually do. It's interesting, and I've found some things that will work for me. I'll get them listed soon enough. I just thought I'd take a minute to point out that the numbers can sometimes steer you in the wrong direction.

Charlie