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Quik Tips for newbies to the #Fliplife №1
1) All fees "rents" like etsy/ebay/paypal should be included in the cost of postage. Typically 24%. Calculate postage costs & multiply by 1.24 for what to charge on post,
2) Aim for 4x or higher flips
3) Spend 25% of income on new stock
1) All fees "rents" like etsy/ebay/paypal should be included in the cost of postage. Typically 24%. Calculate postage costs & multiply by 1.24 for what to charge on post,
2) Aim for 4x or higher flips
3) Spend 25% of income on new stock
Quik Tips for newbies to the #Fliplife №2
4) Set aside 10% of item price-earnings for savings
5) As far as possible, use recycled packing materials
6) Register with postoffice if they offer discounts for it
4) Set aside 10% of item price-earnings for savings
5) As far as possible, use recycled packing materials
6) Register with postoffice if they offer discounts for it
Quik Tips for newbies to the #Fliplife №3
7) Develop clear shop policies and put in your listing footer
8) Try to list at least 5 items a day to feed the "new machine"
9) On Etsy today, you currently need to advertise $1 a day to get seen for vintage. Put it in your "rent" fees
7) Develop clear shop policies and put in your listing footer
8) Try to list at least 5 items a day to feed the "new machine"
9) On Etsy today, you currently need to advertise $1 a day to get seen for vintage. Put it in your "rent" fees
Quik Tips for newbies to the #Fliplife №4
10) On updating tracking #, be sure to write to customer (use their name) thank them for the purchase (mention product name) tell them the tracking # and give them an estimate of delivery time & ask them to review so you know they got it
10) On updating tracking #, be sure to write to customer (use their name) thank them for the purchase (mention product name) tell them the tracking # and give them an estimate of delivery time & ask them to review so you know they got it
Quik Tips for newbies to the #Fliplife №5
11) If you plan on selling 1000s of items, give each an SKU #. Example; 2020-01-0075-Notka-keyboard- #3 (YEAR/MONTH/ITEM #/Short descriptor). Use the number part in listings and full in accounting
12) DO ACCOUNTING! (of every cent)
11) If you plan on selling 1000s of items, give each an SKU #. Example; 2020-01-0075-Notka-keyboard- #3 (YEAR/MONTH/ITEM #/Short descriptor). Use the number part in listings and full in accounting
12) DO ACCOUNTING! (of every cent)
Quik Tips for newbies to the #Fliplife №6
13) We sell internationally. For items selling for 8$ or under that fit in a letter/card envelope we charge $2.99 postage and send unregistered. We sell more "smalls" & postage savings exceed cost of any (very rarely) lost items refunded
13) We sell internationally. For items selling for 8$ or under that fit in a letter/card envelope we charge $2.99 postage and send unregistered. We sell more "smalls" & postage savings exceed cost of any (very rarely) lost items refunded
Quik Tips for newbies to the #Fliplife №7
14) When putting labels on, slap some clear tape over the yours & recipient name to protect it from damage.
15) Protip on inventory tracking: date things like 2020-02-0191-white-enamel-pot for SKU #. You can age it by date and listing #.
14) When putting labels on, slap some clear tape over the yours & recipient name to protect it from damage.
15) Protip on inventory tracking: date things like 2020-02-0191-white-enamel-pot for SKU #. You can age it by date and listing #.
