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Are you sure you are profitable

Are you sure you are profitable? You must do the math

By BloggerKhan

My profession is Management and Marketing and it revolves around outsourcing, ecommerce and marketing on the internet. Wise men say identify what you are passionate about and then see if ...

By BloggerKhan

Posted in , | Tags : , , , ,

You would think that if you buy something for X dollars, and sell it on eBay at over four times that, you should be making a profit. Maybe – maybe not.

On bigger dollar value products, that quite often may be true but on smaller parts, your basic minimum costs may be too high to turn a profit. Many a newbie doesn’t realize this soon enough. They keep buying and selling and after a lot of running around, they have less money at the end of the month than they started with. They wonder how it can be. They eventually learn – but the hard way.

I have put together a spreadsheet that will help you evaluate every product that you sell. Click here to download it. There is no charge.

Happy Selling!


 

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