Tuesday, October 17, 2006

Ebay Sale-a-Thon

I started the day with a little analysis. I was thinking about how many items I could put on Ebay and what I could make and how much per hour that would mean for my time.

In other words, is it worth my time to put a bunch of stuff on Ebay. My comparison model for this is my old consulting gig. If I were to go back and consult for a living I could count on making $65-$100/hour. But to be conservative I'll say $65 since most of my jobs were for that amount. Only the arabs at Al-Jazeera International paid me more, but they had a sliding pay scale that went up with the price of crude and included bonuses every time President Bush said something stupid.

My goals for the day: List 30 items, make an average of $20 per item, and only take 15 minutes to put together each listing. That should take me 7.5 hours making roughly $80/hour. Not bad, ahead of the game.

End result: 30 items listed - check
make $20/item - good chance check. Some of the real estate systems are high value items that may fetch $100. Others are crap like the 2 old records my friend got for free off the back of a truck.
spend 15 minutes per item: took me more like 12 hours to do this today, but that included a couple breaks and lunch, so let's say it took me 10 hours. That's more like 20 minutes/item.

Overall Breakdown: $60/hour for my activities today. Not quite as good as the consulting, unless you count the travel/commuting time in which case Ebay wins. So go ahead and bid, there's some really good stuff for sale. There's also some crap. But isn't one's man's crap another man's treasure? We'll see how much some man's treasure sells for next Sunday night when all my Ebay activities today come to their conclusion.

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