Calculating the Costs

I've seen so many items selling on ebay at such a low price that I figure the seller can't be making any money at all. In fact, I've been guilty of under-pricing items as well. Have you?

Well, my friend Joe has a tool that we can all use to help us determine the net profit or loss of the items that we sell. Joe's Curiosity Shoppe has many tools, in fact, and you'll want to check them all out. The one I'm referring to here is his eBay Fee Calculator. Joe has taken into consideration the item's cost to you, the starting and ending prices, as well as such things as item upgrades (bold, gallery, etc.), PayPal fees, and the cost of your packing supplies. Joe's calculator tool is a simple, one-page form that you can just tab through and fill in the blanks, click "calculate" at the bottom, then see how much money you're making or (gasp!) if you're losing money.

You can use this tool before you even purchase items to sell, projecting sales prices and calculating costs in order to determine a limit of how much you should spend on items for inventory.

Give Joe's tools a try; I think you'll really like them. Oh, did I mention that they're F*R*E*E? Yep, Joe's very clever and he's a generous guy as well. (Thanks, Joe!)