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@MyCottage I hear what you are saying and indeed the algo is complex and designed to generate a conversion. However, promoted listings is an add on feature. Am I confident that Ebay’s changes are seamlessly integrated into the existing system. No. Also I had some things promoted at 5.1% and I decided I’m not really willing to pay Ebay that much extra, especially since I’m trying out free shipping and returns on first class items and some PFREs. So, I’m trying out the 1%.
It would be interesting to know how many sellers are going for promotions and how much that changes since they added it to the listing interface.
Enjoying this discussion. I’m banking on the fact that many sellers are anti-fees and I’m willing to pay 1% more in the hopes that I get shown before them. Also, I think there might be a chance that Ebay’s system is not sophisticated enough to rank items based on the % promotion (plus #1 @mycottage above), so why not do it on the cheap and see if it helps. Unfortunately, it’s difficult to tell if it’s working or not, especially since I’ve been taking a lot more offers lately, which I suspect really helps sales.
I’m getting down to the bottom of my retail arbitrage inventory and noticed that some of my last expensive bedding has disappeared from Ebay. I don’t sell similar. Again, it’s not a huge part of my inventory missing but a bummer because it’s summer / tropical bedding and I have no idea how long it’s been down. Just a head’s up.
Hey, nice to see you guys, R&J.
I have heard some really interesting things from Pete and some big picture insight I really liked. However, I don’t really follow him because I don’t want to sort through the chatty hang outs and store visits. If anyone has any favorite videos of him discussing Ebay / selling online to share links to, thanks in advance.
@millionairedojo. Thanks for sharing. This is a prominent tool on Mercari. I’m trying it on EBay, though they only are giving me the same 5 items without new ones replacing offered ones. This would be a great addition to Ebay. I’ve also been lowering prices on items in carts when I get those emails, but only a few times has that resulted in sales.
Sending good thoughts. Sometimes business goes on the back burner, and it’s ok for important family reasons.
Total Items in Store: 334 Ebay, about 30 Mercari
Items Sold: 12
Gross Sales: $788 Ebay, $63 Mercari
Cost of Items Sold: $283 + $27 Shipping included + some items ours (loss)
Highest Price Sold: $365 Bedding set from summer clearance to NYC (paid $145)
Average Price Sold: $66 Ebay, $31 Mercari
Returns: 1 started for $150, buyer mistakenly thought would get an additional item with order.
Money Spent on New Inventory This Week: $11
Number of items listed this week: 3 EbayI still follow a few Youtubers and hear the same couple of get rich quick cheap production guy commercials nonstop. Super young kids in tank tops encouraging drop shipping or some other scheme on Amazon. I hope other youngsters don’t fall for that stuff and get into debt.
Still crazy in life. A lot has to do with kids. Even if you don’t have little kids, life can be demanding and there can be not much time left for Ebay. I’m still taking offers like a madwoman on existing inventory. I can’t believe it’s holiday time already. Feels like it was just summer.
Got trolled on Ebay with $5 offer on a $300+ item. Who bothers with that? Overall, my offers have been pretty reasonable and I’m glad I turned it back on. Continuing my 1% promoted listing experiment. Thanks for those who have been reporting about that.
Halloween plates link
Steve, as always great sales. Congrats on your numbers of late.
Even though they are lower dollar, I still pick up vintage Hallmark cards NIP. Super easy to list and ship. Sold Harry Potter Card Sets for best offer $25 with shipping included. They did take a while to sell. I paid $1 per set. This is one of those times I really should have gone all in. We had a thrift that was storage locker clean out items. They had a bunch of Harry Potter items from a Hallmark store including displays. I don’t know why I didn’t offer to buy it all. Doh!
I had these Halloween plates up too high at $60 through the holiday. I like to take down my holiday stuff after if I can’t liquidate it since I’m over my 250 basic store subscription listings. But, I usually wait a month or two. Took a best offer on these of $30 plus shipping. I thrifted for $8 last month at GW.
Took a best offer of $20 on this 50s Cake Tinbecause it’s so big and I want to move things out of my garage and consolidate. I paid $3 at a church sale, and was relieved to get great feedback because it did have some wear for sure.
Finally, sold this vintage cookie cutter pin. These folk art molds can do pretty well. I’ve sold a board style as well. They are to make Springerle, a German holiday cookie. I got this for $2 at my favorite indy thrift. Speaking of vintage cutters, I think this is an often overlooked item. vintage tin cutter lots can do very well. Also, discontinued Martha Stewart by mail cutters do great.
Have a great weekend! Please send your rain to us California. We need it badly.
@VintageTreasures hope you get your Ebay mojo back!
Total Items in Store: Ebay 331, Mercari about 35
Items Sold: 9 Ebay, 1 Mercari
Gross Sales: $275 Ebay, $51 Mercari
Cost of Items Sold: $92 + $10 shipping included
Highest Price Sold: $51 Patagonia Vest on Mercari (Thrifted for $25 and my daughter wouldn’t wear)
Average Price Sold: $30 Ebay
Returns: 0
Money Spent on New Inventory This Week: $0
Number of items listed this week: 0I’m very grateful for these sales. I haven’t listed for weeks really on either platform. I have been dropping prices on items in carts on Ebay and promoting to likers and delisting old stuff on Mercari. Taking offers on used stuff I paid little for. Fundraiser is midweek, then I hope to get back to it. Calendar looks pretty clear until the holiday! Whew.
I went to Palm Springs Friday for another 50th birthday party. I had some free time and hit the true thrifts (not consignment or estate liquidators). It was quite fruitless. Everyone knows the value of the good stuff out there. Left in the thrift stores was one decade – 1980s pastel home decor and dishes. LOL. Makes me appreciate my home turf and I came home with all of my cash.
@Amatino Thank you for all of your hard work keeping the numbers and threads up. I have to say I’m proud of myself for curbing the shopping habit this year. I’m also excited to see some room opening up, slowly but surely.
I’m definitely a bit disappointed in my number of listed items, but it just makes me realize that I don’t have a lot of time in my life for this, so I need to be very, very careful picking going forward. I still have a significant backlog to work through, plus some items from my parent’s house. So, I’ll keep on truckin’. I should take new death pile pictures after I finish consolidating. It will definitely be an improvement over last year when things were kind of spilling out of boxes.
Perhaps we can just have a death pile support group thread for next year and throw a little party on here for people who clear the piles and graduate. No need as far as I’m concerned to keep tracking if you don’t have time. Good luck packing for your trip.
Much of the types of items I sold this week I have posted about before. However, I did sell embroidery floss for the first time. BO $10. I’ve passed over huge bags of this stuff before, so thought I would mention.
Also sold Quimper this week full price to Sir somebody Hemmingway (his Ebay name). This is the first one I have found without the man or woman pattern and a different color scheme.
WSJ Article on the FIRE Movement
Usually on my ipad or Facebook I can read a few articles without a subscription.
