Today I did pretty good about not spending a lot of money and I actually made some money in my business so I would say overall it was a pretty good day.
I didn’t do any sourcing today as I am turning my attention now towards getting stuff listed, however, there are several stores I would like to visit before this “clearance season” ends.
Here are the financial highlights of my day:
1.) eBay Sales - For those who may not know, I am an eBay seller and I buy a lot of items from retail stores and thrift shops to resell on the platform.
I also sell through a method called “dropshipping” which is where I have an agreement with a supplier to sell their products at a higher price and when that item sells I ship the product from my supplier to their door and make a profit on the difference.
All my sales were dropshipping sales. I made one today and actually made two yesterday but forgot to mention them.
Overall, I sold one lava lamp, two table lamps (in one order) and today I sold a pack of landscaping lights. (Lighting seems to be popular right now)
The total sales price was $96.98 on all the items but after fees and product cost I will come out with somewhere between $15-$20 profit.
It’s not a ton, I know, but all I really have to do after listing the items is copy the buyers shipping address to an order from my supplier so I am not complaining.
I did make another sale today which I am excited about, but I have not received payment yet so waiting until I do to share.
FUN FACT: Dropshipping is actually fairly easy to figure out how to do and can provide a nice little income on the side. I have personally been doing dropshipping since I was 14 years old an living in Nicaragua, Central America!
2.) Holiday Gas Savings - I mentioned yesterday I purchased gas but did not fill up the tank, today I went ahead and filled it up all the way at a gas station we have in our area called Holiday.
There were several reasons I filled up here.
First of all, it was $2.18 a gallon here compared to $2.22 at others. Also, I had a coupon for $0.12 cents off per gallon.
(A local grocery store; Hornbacher’s, gives you gas coupons for Holiday when you purchase. As an Instacart delivery driver, I always get receipts from shopping here for others, and since we are not allowed to give them the printed receipt, I get to take advantage of the gas savings)
My total savings from the coupon came out to $0.79 cents and in addition to that, I used my Amazon Prime Rewards Visa card to make the purchase since they are running a 10% cash back promotion at Holiday Gas Stations.
My wife made smoothies for dinner, and I needed to get ice for her to make them. That brought the total purchase to $15.90.
With the cash back promotion, I can expect to get an additional $1.59 savings for using my card.
Not too much more went on financially for me today, but a few bucks in sales and a couple in savings is a WIN in my books!
Share your WINS, I love to hear them!
Also, have you ever sold anything for a profit? What was the most profitable sale you have ever made?