DB Marketing and Finance
Written by on 08/22/2016
But the first thing that came to mind is this: if you have higher demand for your product(s), can you meet that higher demand? So for instance, do you have or make enough widgets to nearly double your monthly sales? If yes, would those extra sales pay for that next-higher listing fee? In other words, if that listing fee would generate sales for another 10 products, but you’re only actually profiting $1/sale, then those extra sales would not be enough to cover that fee, and you’d be making more sales but actually losing money. On the other hand, if that next-higher listing fee would generate sales for another 100 products, each profiting you $1/sale, then you’ve made $100 – $20 listing fee, for an overall increase of $80. Make sense?
It’s a common milestone with any sort of sales, that you’ll eventually reach a point where you want to expand your ability to make more sales. But that expansion has to bring in sufficient extra sales, to pay for itself. Otherwise it’s not a good move. Make sense?
Also, just out of curiosity – what are you selling on eBay? I’ve wanted an Ebay store for a long time, but most of our products (fresh edibles with limited shelf life) aren’t really conducive to sales via Ebay.
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