The Cool New Simplx Calculator
October 26th, 2009
It’s finally here. Our developers have developed a sleek and sexy new little tool to help Simplx members quickly identify a product that will successfully sell on eBay and make a profit. To test drive this tool now click on the link below. To learn about the calculating logic of the calculator you can read the ABOUT THE CALCULATOR section at the bottom of the page.
Popularity: 16% [?]
Simplicity Management Group has become a global technology leader through the development of Simplx, iRebate Technologies, iCart Commerce, and other eCommerce web solutions.
October 29th, 2009 at 10:13 pm
I think the calculator works well. However, there are more than a few questions I have for you Adam. How can I communicate directly with you? Telephone would be great but I would accept your email address.
I recently took the Clubdropship plunge and I have been working at this level. I have my reservations. I would like to discuss them with you. How may I do so?
October 30th, 2009 at 12:59 am
Adam, it sure would be nice if more quality merchants were made availabe to the Clubdropship members. Too many of the real HOT items are carried by too few of the Clubdropship’s merchants.
October 30th, 2009 at 1:05 am
Adam, it sure would be nice if more quality merchants were made availabe to the Clubdropship members. Too many of the real HOT items are carried by too few of the Clubdropship’s merchants. That makes it difficult to realize a worthy profit and still stay within the bounds of resaonable pricing.
October 30th, 2009 at 8:24 am
Hi Lancelot,
Welcome to the Clubdropship family. Thank you for the feedback on the calculator. The Clubdropship program does have limited merchants compared to a regular Simplx membership. There are plenty of products that you can sell to make money, but it is intended as more of a starter program. I would be glad to answer your questions. You can shoot an email to me at adam@simplicitygroup.com.
Good luck,
Adam
November 24th, 2009 at 5:04 pm
Am I missing something? When I use the simplx calculator and compare it side by side to the ebay calculator at rolbe.com http://www.rolbe.com/ebay.htm
It comes out differently. Here are the numbers. fixed price listing. Computers & networking, 0% commission 0% cash back. cost to door $1200, sale price $1350.
Simplx calculator says I would make $79.38 and the calculator at rolbe.com says I would make $68.07
Whats missing? Its not the paypal fees, 2.9% to paypal is far greater than the gap here but surely something is off.
November 24th, 2009 at 7:53 pm
Hi Samuel,
I ran your numbers on the 2 calculators and actually the discrepancy between the two figures does mostly come down to the PayPal fees. If you read the “calculator logic” section at the bottom it provides an explanation for this discrepancy. PayPal provides a discount on your fees once your monthly volume exceeds $10,000. That discount is .7%, which in your scenario, equates to $9.45 of the discrepancy between the 2 numbers. I assume the additional $1.86 that is unaccounted for is attributed to the different options for adding listing fees that the Simplx calculator doesn’t take into account. We have intentionally simplified our calculator to decrease the research time in finding profitable products to sell on eBay and provided the following caveat as such in the About the Calculator section:
“This cool little tool will help you quickly identify how to price your products on eBay to ensure that you make a profit. This calculator should be used to make quick decisions about how to price your products, but should not be the final accounting procedure to determine actual profits. Please use the eBay sales tracker tool for your final calculations. The most successful Simplx sellers on eBay price their products to produce a $10 profit. Once you have found a product you would like to sell, enter the appropriate numbers in the calculator to see what your profit will be. You can adjust the final selling number price based on your own research of what the average selling price is for that product in either a buy it now selling format or an auction selling format. If you prefer to skip the research process of determining the average selling price to save time and just want to know the most competitive price point you can use to sell the product on eBay you may adjust the final selling price field until the profit field displays $10.”
November 30th, 2009 at 4:20 pm
Ok. So are you saying that the average simplx ebay seller does over 10,000 in monthly volume? It does not seem likely. Would it not be better to play it safe and include standard paypal fees so that average and startup sellers can use it?
December 2nd, 2009 at 10:04 pm
The $10,000 monthly volume should not be difficult to reach and if you are not doing that volume then I wouldn’t recommend using PayPal in the first place. Any other merchant account you can set up can be tied to your eBay account for your customers to pay you just as easily as PayPal with the help of many gateways out there such as Auctiva. Any merchant, whether seasoned or just beginning, should not have a problem getting an introductory rate of 2.2% for any amount of sales volume they plan on doing. So the current logic used in our calculator is as accurate as possible for a simple calculation and if you are not doing at least $10,000 monthly volume on eBay and don’t intend to then I would strongly suggest that you set up an alternate merchant account other than Paypal.
December 28th, 2009 at 6:10 pm
We offer a free Paypal calculator that works in reverse with your margin or gross profit dollars as a calculation. Plus other selling tools for marketplace sellers, including an Amazon Marketplace Calculator that is in Excel to do multiple products at once.
January 21st, 2010 at 10:59 am
[...] address this topic of finding new products. First, make sure you are familiar with the Simplx Calculator and you use it frequently in the beginning to determine which products will sell well. After a [...]