In yesterday’s post, I shared my thrift haul from the weekend. I spent $39 and bought 26 items. So how much can I make off this haul?
I predict my biggest sellers will be the Red Wing Boots and the Stuart Weitzman silver heels. The other pieces won’t bring nearly as much, but I expect to get a solid $10 profit from every item.
24 items (not counting the boots and heels) x $10 profit: $240
$50 profit on the boots and $20 profit on the heels–
$310 total profit (after fees and shipping costs)
Don’t forget to deduct inventory costs $39
$310-$39= $271 total profit
I estimate 10 minutes to photograph, list and pack each item (my husband, the Duke of Efficiency, has helped me get my processing time down to the bare minimum).
26 items x 10 / 60 = 4.33 hours of work. Let’s not forget it took my 1.5 hours of hunting to find this stuff.
5.83 total hours of work. Can we just call it 6 hours? Good.
So what do I HOPE to may per hour on this haul?
$271 / 6 hours = $45.16 per hour.
Yeah, baby! Not too shabby.
Have you got a thrift haul to brag about? Post linkylinks below!