How Much Is Your Time Really Worth To You?

by AuctionGuerilla Leave a reply »

ebay_product_fulfilmentI can remember it well. Waking up early in the morning to download all my eBay sales, print the labels, pick the items sold from my stock inventory and spend a good couple of hours packing all those items before taking them to the post office before it closed just to make sure my customers would receive the product as quickly as possible. Phew!!

I can’t think how I would be able to cope with that now simply due to the large number of items I actually sell on eBay each day. Ever since I started to use a fulfillment company to do all that low value 10dollar per hour work for me I have been able to grow my business by spending that time instead to direct, manage and grow my business.

The work I now do is worth much more than 10usd per hour. The work I do now is mostly 100usd/hour work and occasionally 1000usd/hour work. Are you still packaging and posting your own items and if so how long is that taking you each day and how much is your time really worth?

Even if you are selling a few items per day those items still need to be picked, packed and posted and that time is low dollar work. The options are;

  • Continue packing your own items and spend your time doing low dollar work
  • Hire a helping hand to do your packing and posting for you
  • Ship all of your stock to a fulfillment center and devote your precious time doing the high value work which really makes your business grow

Fulfillment centers are growing in popularity and those who are already using them to fulfill eBay orders have a distinct advantage due to the extra time available to grow the business properly. And the added benefit is of course your stock no longer clutters that spare room.

I have used a company called Shipwire who are very reasonably priced starting at just 29.99usd / month and that includes shipping which makes it good value when you consider how much you currently spend on shipping and packaging materials, not to mention your time spent doing the work yourself.

All of my eBay orders are automatically transferred to Shipwire and the orders are then professionally picked, packed and shipped to my end customers. I don’t even have to think about any of that stuff. I simply replenish my stock held at Shipwire when my inventory is almost sold out.

Shipwire also have warehouses across the United States and in the United Kingdom which makes selling internationally extremely attractive. You can even ship your stock to both the UK and USA and sell internationally with quick local shipping and your customers can receive their orders faster which means you increase your eBay sales and receive great feedback and DSR’s for shipping.

So how much is your time really worth to you? Are you spending too much time doing the low value work or are you doing what you really should be doing as a business owner and that is concentrating on selling and introducing new products, to grow your business and free up your time to make even more money.

My own company has teamed up with Shipwire to bring you a free trial. The packages are tiered depending on the amount of product you are selling each month.

Do a quick calculation to see how much money you are currently spending on postage plus packaging materials and the actual hourly rate you cost your own time at and compare that to the low cost fulfillment plans available at Shipwire.

You can check it out and sign up for the no obligation free trial here (it might turn out to be one of the best things you do to grow your eBay business), here’s the link to the free trial..

>>>>>>>>>>>>>>>>> www.Shipwire.com/FreeTrial

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4 comments

  1. Susan says:

    Your right John, I now spend at least 2 hours each day packing orders myself and I’d much rather be looking for new products. I thought about looking to hire and assistant to do it but it looks like it will be cheaper to let the fulfilment people do it for me.

    Thanks

    • John says:

      Glad you found the post useful Susan. More and more eBay’ers (and e-tailers in general) use fulfilment companies. Those who do will have the upper hand when it comes to growing a sustainable semi-automated business.

  2. Jenn says:

    Thanks for posting this, I can’t wait to check it out! I’m going to plug this on my blog. Sounds like a win-win

  3. John says:

    That sounds great Jenn. Yes, ever since using a fulfilment centre I really have had lots more time to source more products to sell and build more marketing campaigns, resulting in more business.

    Thanks Jenn.

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