Friday, June 26, 2009

when i should have done the math











****WHEN it takes 2 workers TO HAUL OUT some HUGE 30$ ITEM OUT OF THE ROUGH ROOM..

****WHEN ITS TOO MUCH TROUBLE , or too busy, TO CALL IN SMALL DAMAGE FROM AN ORDER or to return about anything ..

****WHEN 1/3 OF AN ASSORTED item IS A DUD AND WONT SELL
****when A COMPANY TOTALLY WASTES SHIPPING MONEY...LIKE SENDING THINGS IN 4 BOXES INSTEAD OF 1 BIG ONE....COSTING MORE THAN THE PRODUCT CAN MAKE UP.......
*****when my main salesman gets called from a big furniture looker...to talk about 3$ knobs
****when we scratch something and have to repaint or ????....

***when we do an hours work on a 20$ item

****when we pick out something to refinish...

****when 3 workers are helping the same person...
the math is our friend!!! even if its mean sometimes...
do the math:::::JIGGLING....
. i can never explain this to dh..hes such a conServative on numbers....but jiggling fits into my math usually at auctions...and thats how ive bought and priced for our store..pretty successfully...and without a calculatort......say i buy 10 things....one is super cheap and one is a big mistake....like if i missed some horrid flaw...a crack, made in hong kong , etc....when i thought it was a good antique, etc etc...
.so to make money on it all i jiggle the numbers together and WALLA the disaster cost nothing and the great deal that i got cheap now has a little higher price in my head wheni price the load...........i wouldnt suggest this all the time...its better if you make good money on your great buys......but it really gets the bad buys out of the way....and if it really was a bad buy it would be hanging around and just cause you effort and space and not sell anyway....
i jiggle in my head if i got a run of things really cheap at auction and then the best thing comes up....if im really doing well at the auction i might pay a little too much for the best thing , just to get it.....and still feel good about the auction....that way i can have the best peiece for the store and in my head anyway that exact auction still makeS great sense money wise....
the down side of JIGGLING might be my reputation.......BECAUSE I BUY SO MUCH..im usually very UNpopular with SOME OF the other buyers.... im very popular with the auctioneers...lol.... its really kind of bad...
.but to me an auction is my job and my income so i just bid on what i want.....anyway THE BAD THING THATS BEEN SAID, the word on the street sometimes, is that i dont know what i paid and sell things for less than i paid...WHICH IS PRETTY MUCH AN INSULT AND BULL S....... and probably third hand since my auction competition doesnt usually come to the store..
.but it could look true sometimes too.... i might have jiggled..
.which makes perfect sense to me....or i might have bought a box lot and counted one thing in it and sold the rest cheap.... so if you were bidding on something else in that box and heard i sold what you liked for less than i bid well you might have missed what i was bidding on and valued in the box...
ACTUALLY I CAN and do PRICE A WHOLE AUCTION load WITH DOZENS OF ITEMS BOUGHT...WITHOUT using ANY RECORD.... which is a good thing since the auction tickets dont really tell you much....like a 100$ roseville pot in a box of planters or a box of clay pots might both be described as a box of pots on my reciept.....
ON THE PLUS SIDE....THE REPUTATION OF low or CRAZY PRICING ISNT ALL BAD....IN FACT IT MIGHT BE GOOD BUZZ FOR THE STORE..
we do price antiques by what we paid a lot more than by book price.....if im low and still making money ...WITHIN MY FORMULAS.... ...im happy...
I CALL IT OUTSIDE THE BOX MATH....

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