I've started to work my way into the world of clothing. Not a great area for me because I am nowhere near a fashionista. I have no clue about fashion. You will usually catch me in jeans and a sweatshirt with my Uggs on or a sweater if I'm feeling exceptionally dressy that day. It has been a hard task to find my way through this and I am not even a little close to knowing as much about a brand name of clothing like I know about a brand name of china, but I am starting slowly and for good reason.
Part of the reason that I had not been posting was that I felt like my business wasn't heading in the direction that I wanted it to and I was searching for the reason why. I finally realized that I basically needed to diversify. My love of china and vintage items, although great money makers, were harder sales and not necessities. Buy harder, I only mean that since they are not necessities, the time to re-coop my money for the next purchase is much longer than a necessity would be. Hence, me turning to clothing. I first started by reading and researching and then I jumped in...to Men's Clothing. I choose men's clothing because men don't wear crap like this...
I have been buying a bunch of shirts and have been tending to stay away from pants. Pants are much heavier and will usually have to go Priority Mail rather than First Class which is a big jump in postage. What I have been really getting into and learning a lot about is ties. Ah yes, the light weight, low priced, good margin clothing item that a vast majority of the male population NEED! I see many people on eBay going for only the novelty types of ties which I do as well but I also go for the nice professional type ties also. Now don't get me wrong, I don't make a ton of money but sales are good if priced right. Ties are easy to list, easy to photograph and easy to ship. A trifecta for me. Here are some of my recent sales of ties. Easy profit in my eyes. I'm going to do a Ties Lesson on Sundays post to share the things I have learned. Cheers!
This Vineyard Vines Tie sold almost immediately upon listing for $26.99. I think it was two hours after I had listed it. Woot!
Cost of Goods - $2.85
Shipping - $1.69
PayPal - $1.08
eBay - $2.43
Total Profit - $18.94 (70.17%)
This Absolut Dad novelty tie caught my eye quick when I was going through a bag of donated clothing. It sold for $24.99 and I even got the best feedback for it "Even uglier in person. This is going to be a subtle hint for grandchildren." LOL, good one Grandpa!
Cost of Goods - $0.00 (donation)
Shipping - $1.69
PayPal - $1.02
eBay - $2.25
Total Profit - $20.03 (80.15%)
The novelty of the palm trees plus the fact that it was a Brooks Brothers tie made for a quick sale.
Cost of Goods - $2.85
Shipping - $1.69
PayPal - $0.88
eBay - $1.35
Total Profit - $8.22 (54.84%)
Jerry Garcia ties are a quick flip but not a huge money maker. If I can get them for a $1.00 or less then I go for but if not then I generally pass.
Cost of Goods - $0.77
Shipping - $1.69
PayPal - $0.59
eBay - $0.90
Total Profit - $6.04 (60.46%)

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