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08/11/2021 at 10:11 pm in reply to: Interesting Stats About eBay Buyers from the Q2 Earnings Call #90257
This is interesting. What’s GMV?
08/11/2021 at 10:32 am in reply to: Why I closed my Amazon book store (this is mostly a rant) #90250We’re certainly no Amazon experts and there are community members that do very very well selling on Amazon. Seems to work for them.
But rules have changed on Amazon in the past couple years that seem more and more onerous.
To me all marketing is just noise, including stores. Either somebody is specifically looking for and finds my long tail one-off or they don’t. They don’t care what my store looks like and it’s unlikely they’ll ever see it. It’s extremely rare for me to get repeat customers. I’ll pay for a store to save money but the less time I have to spend dealing with it, the better.
Im on the same boat. But I do understand what MyCottage is saying.
I think eBay has just done a poor job with stores etc that its easier for us to just keep it all very simple. I really just want eBay to stay out of our way and keep the basic things working corrcetly. I’d be interested if they can find a way to look better as long as its not more input values we have to change/update.
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Why?
I’m really glad they’re talking to you about Stores. But we dont have any advice since I just dont see us having a “brand” that we would promote on social media.
ebay is working on a way to add immediate payment to best offers, might have that launched within the next few months. And expect immediate payment to be added to auctions sometime in 2022. No details on just how this will work.
Adding instant payment when you accept an offer would be HUGE. Just make customers connect a credit card to their account.
Seems incredible inefficient currently if buyers can send out 100 offers and just pay for the ones they want to. If a buyer sends an offer, he commits to buying if accepted. Just like an auction bid.
I encourage sellers to stick up for themselves, but in the grand scheme of things one negative (or even several) doesnt hurt our business. Grumpy buyers will be grumpy.
If this was eating at me and renting space in my head, I’d probably eventually just let it go. I would not let a grumpy buyer have so much power over me.
“80% of items on eBay are 100% new”.
I wonder if the majority of items by volume are new, but there are more sellers that sell used items.
One eBay seller may have 100,000 new items listed on eBay because its all just catalogue photos of multiples. Then there’s the 100 of us that have 20,000 used items listed collectively because we have to take photos one by one.
I see you sign up here: https://sellerevents.ebay.com/events/details/ebay-ebay-seller-conferences-presents-ebay-open-online/
Dumb question: is it free? It’s not clear.
Since eBay went to managed payments they pull the final value and transaction fees for a sale out of your “bucket” of money they have not paid you yet.
We dont use quickbooks for eBay so not sure I have the answer.
Is eBay saying they sent you $10, then they deduct $2 in fees? Or are they just saying you made $8? If it’s the latter, then the IRS doesnt care about the $2 fee since all they now if you made only $8.
With Paypal, they’d report our gross income to the IRS and then it was important to deduct all the fees. is Managed Payments just reporting your net income to the IRS so no need to do fee deductions?
07/28/2021 at 7:12 am in reply to: Scavenger Life Episode 523: Will You Ever Stop Selling On eBay? #89927It’s so fun to see how well playing cards are selling. It’s especially fun to see how knowledgeable you are. Scavenging is profitable when you know what you have.
Do you predict any slowdown on card collecting as COVID wears off? Or is there now a baked-in market?
Otiose: “serving no practical purpose or result.”
In short, you don’t have to do anything.
Retro, thats all I need to hear 🙂
07/26/2021 at 7:44 pm in reply to: Scavenger Life Episode 523: Will You Ever Stop Selling On eBay? #89902Its awesome to see your system work. Big risk big reward!
Our block list is probably nothing like yours. We’ve always been blocked and forget them. If a blocked buyer messages us and asked to be allowed to purchase, we will usually unblock them if they seem “back to their senses”. All we ever ask is a brief conversation with the buyer that they understood why we blocked them and that behavior would stop.
BUT you are likely dealing with postcard collectors who might have just had a bad moment. It’d be smart to approve them to start buying again.
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