Monday, December 2, 2019

A Stunning Success of a FAILURE!

Careful what you wish for.  Patience is a virtue.  There are many quotes to describe this experience.  To start with, the good news.  I sold my first build!  I'm a successful custom builder (although this was from a kit).

As you know from previous posts, I've been trying to sell this gun for a while now and using various strategies.  I've tried reserve auctions, fixed prices, but this time I went a different route.  I put a penny auction out there with NO reserve.

My goal was to increase views and watchers with the intended result of selling the gun at a market price.  Well, several things did work in my favor...I have about 100 views in a week and as many as 18 watchers at any given time.  The problem was, most of them were not bidders!  Heck, most of them weren't bidders.  Stop spectating folks!  Get in the game!!!

But I digress.  In the end my gun sold for $275.  That was robbery!  I had about $390 in the gun for a loss of $115 plus commissions to Gunbroker.com.  I did sell a muzzle break for a $10 profit, so that helped some, but still a painful start to my hobby...one that also came with a stout lecture from the better half!  😞

But I learned my lesson to stick to my original plan of not selling a gun for less than cost.  Patience is the name of the game.  I also learned that not all attention is good intention.  And did I mention patience?!?!?!

As always, let me know your thoughts!

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A Stunning Success of a FAILURE!

Careful what you wish for.  Patience is a virtue.  There are many quotes to describe this experience.  To start with, the good news.  I sold...