Well things are really seeming to be taking a turn at getting moving. I Made what i think is a good decision to buy up a bulk lot of items which i mentioned last time. The final price that was agreed on was just under $300.00 (which yes i know is more then i have in the project at the moment, and is breaking the rules a little, however who lets good opportunities pass them by). All up i think it came to something like around 180 pieces however with sets of glasses and such it is closer to 130 individual sale items.
At present all of these items are in a local store on consignment. The best bit that i have found out just yesterday is that a number of pieces have already sold. Probably about 12-15 items, however they are some of the items that were higher priced. I am not adding this money to the project yet, as i have not actually received any of it. So i find out yesterday that these items that have sold will almost entirely cover the cost of buying all the items in the beginning. Which is great news as by my calculations without final prices on everything, there is potentially another $500-$700 worth of items to sell. It will i expect slow down a little now, however i am still quite happy with this.
After this initial success i am unsure if it is a wise move or not to consider going into this sort of buying a lot more, and see what i can manage, either as part of this project or external from it if the money involved in much higher. However it is something that i am seriously considering.
This is on top of the box of other items which has also gone, admittedly these were smaller items and they are not selling so well, as they are not collectible and not really pieces of interest as such. However this is something that i think is part of the learning curve in approaching this.
Another two additions to the project, have come this month as well, $6 i made doing some colour laser printing, and also $45 i got for doing some computer work for a friend. Which printing the project to $214.01 which doesn’t include anything for the items that i have on consignment at the moment. The consignment items are something that i am just going to try and work out with the store once a month more so to try and simplify things a little. So I will update these amounts in the regular monthly update.
So wow this month is turning out to be quite a good month and i can see that into 2010, things are going to get better and i would expect start moving even faster.