Doing the Math - Week Six

I think it's time to view the status of how things have gone in the eBay™ arena -

Items listed as of 12/31/2006: 58
Items sold: 14

The comfort in the above is that at least some things are in new homes. Additionally, 8 of those sold items actually came from the One Room first official one room, the attic storage area. Not too bad.

Total items sold income: $368.04

Decent enough, as that averages out to about $26.29 per item. Of course, averages are tricky mathematical beasts that do not have chaotic minds of their own. They can be wrestled down and manipulated, which makes the previously stated average a bit misleading, given that 6 of the sold items had only one bid, the lowest of which was 99¢. Of the multiple-bid items, the lowest was $2.25. We likes multiple bids, we does. Take away the high-ticket items that sold and things look gloomier. For now, I will stick with this manipulated average to do some math.

Insertion fees: $6.30
Final value fees: 10.70
PayPal fees: 13.33
Shipping actual costs: 101.00
Total items sold costs: 131.33
Adjusted items sold income: $236.71

The retirement fund is building!

Insertion fees Not sold items: 18.00
Adjusted income: $218.71

No worries. Even if it did cut the average price per item down to $15.62, that is still respectable. I mean, if that average retained across, let's say, a thousand more items, it would mean that I would be sitting on an average nest egg of... $15620. Nifty. Sadly, I'm more apt to get more 99¢ things sold than anything else, but even a thousand 99¢ items would bring in $990. At least I could pay for this year's MRI.