My eBay auction ended with a high bid of $450, plus $39 for shipping, handling, and insurance. I was hoping for closer to $500 though. Here's all the details:
| Sales Price | $450 |
| Shipping, Handling, & Insurance | $39 |
| eBay Listing Fee | - $4.35 |
| eBay Final Value Fee | - $15.13 |
| PayPal Fee | - $14.48 |
| Cost of shipping box | - $8.00 |
| Shipping & Insurance | - $24.78 |
| Cost of Wii | - $375 |
| Net Profit | $47.26 |
The profit wasn't close to $100, as I had hoped, but it is still acceptable, considering the tiny amount of time I put into this. Close to a 13% profit in five days, most of which was just waiting for the eBay auction to end. I figure I spent less than 1 hour on the whole deal.
eBay and Paypal fees killed me. I knew they were expensive, but forgot how expensive. No excuse for this. I could have easily looked up the fees before I placed the auction. However, had I decided to sell this on Craigslist or some other site instead, the amount of time I had invested would have been more, so it's a trade off between effort and cost. I also could have used a 3 day auction length instead of 5 days. No one bid until 2 hours before the end time, which I half expected, so there was a lot of wasted time there. I also only had 5 bidders. I was expecting closer to 15, based on the other auctions I was seeing. And finally, my auction ended on a Tuesday night, at around 9 PM Pacific time. Auctions that end on weekend nights tend to do a bit better.
All in all, I'm happy with my $47 profit, considering how little work I put into this effort.
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