This video goes over how much I made from flipping my first Goodwill item on ebay. Prior to doing this I had no experience flipping things or selling stuff on ebay. I go over all the fees you need to understand when selling on ebay in order to make a profit. Watch all the way till the end to find out how much I made on my first goodwill flip on ebay.
Below is the link you can use to figure out your profit after all expenses after selling something on ebay.
https://finalfeecalc.com/
Item cost 9.99
Goodwill sales tax is 7%
Sales tax is 70 cents
With sales tax 10.69
Sold Item for 20
Shipping not included. Shipping= 9.85
Total amount received from customer 29.85
I paid 8.15 for shipping
29.85
-8.15
=21.7
Ebay takes 10% including shipping and handling
Ebay fee= 2.98
PayPal fee 2.9% +30 cents
PayPal fee= 1.17
Total profit after all fees and expenses= 6.86
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