Current Balance = £3001.04

eBay Auction Results

My eBay auctions finished lastnight with 7 of the 14 items listed selling. The total value of the items sold was was £45.88, eBay listing fees came to £3.15, PayPal fees were £2.76, packing materials cost £2.65 and postage costs came to £10.52. So all things considered I made a total profit of £26.80.

Photographing all the items, writing the listing and packing everything that sold took about 3 hours in total so I earned the equivalent of £8.93 per hour. Which means that if I am to become an eBay millionaire I need to work for another 111,982 hours, or just over 43 years working 50 hour weeks. But that’s not the biggest problem, I would need to find 261,780 items to sell which I very much doubt I have in my small flat. Oh well… looks like my millionaire adventure continues.

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