The name comes from a name I decided to use for a store on eBay. I bought a large portion of a used book and magazine store that was going out of business, and I stored the books and magazines in my garage, attic, office and basement. I only got out a few at a time to put on eBay, and thought of it as a way to make a few bucks in retirement, a way to teach my children a few things about running a small business (inventory, expenses, revenue, profits, taxes, customer service, etc.).
But it mostly lingered because the kids went off to college and found their own things to do, and never liked the idea that the house was used for storage.
But now I have a way to correct this. as of 5/7/2020 and sell off about 5 pct of 9,000 items to be listed between today and 7/31. It will result in about 450 items sold, and another 550 that I can decide to toss based on no interest at all. That’s 1,000 items, or the equivalent of 75 of those Post Office Flat Rate Medium boxes. That’s one whole big shelf unit.
But I need to think about this first:
Ok, back to reality. What if I only chose things that had a 10 pct chance of sale. That’s 3.3 pct chance a month for 3 months, and I have been pushing 2 but upwards of 10 on certain types of items. 100 pct George at my low prices. 30 pct 17 and Teen, 10 pct mademoiselle, 4 pct vogue etc. 20 pct spy etc. But TVG is only 1pct or less.
Anyway 10 percent of 9000 is 900 items and if I could just get 18,000 items on, that would be 1800 items sold. or 100 boxes of 15. and another 100 boxes identified as not worth the trouble.
200 boxes is two and a half of those shelves. and 18,000 dollars to boot. In 10 years I have made about 80,000.
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