Forum Replies Created
-
AuthorPosts
-
Welcome Rob! Thanks for sharing!
Agree. I try and put anything that needs punctuation st the end of the listing.
I barely get Google traffic anyway. Are you? Look at your Traffic and see your split.
Mike: I have thought about this as well. We have been eliminating the use of / and () in our listings. We still have the . for our decimals for measurements.
Overall, I think the best think is to keep them to a minimum. Again, they said that it lowers you in search a bit, but who knows how much. I see in research people that have sold well using these characters.
I think they mainly do this to eliminate the L@@K crap…
“I haven’t mowed a lawn in six years”.
Ok, you are my hero!
No worries big man. I get it. For your setup, the conversion to SixBit or WonderLister is more complex and is more of a commitment. I was just using it as an example that not all costs are money thrown away.
I can’t abide a monthly cost for GoDaddy or other software. I’m ticked that Quicken went to an online service. So for me, that is my line.
Just saying that sometimes the “cost” is worth the investment, and everybody needs to look at spending through the right lens.
Jay: So, similar to the conversation with Mike…
Each of those costs are worth it IF it either saves you time (and money) or covers a risk. That is why we pay for SixBit. Speeds us up, controls our data (photos included), lots of history, etc. Money that we get back overall.
For example, we are about to get a housekeeper soon. Why? Because we will net more money to work during those hours than we will be paying for the cleaning. Net win, plus, we will be less stressed about getting it done. Same goes for our lawn maintenance. I don’t worry, it gets done, and we net more in net revenue by working during that time. Remember “Hire out what you hate”?
Not all money spent on business is wasted. A lot can be, but some things are an investment…
Paulo: Great points. As a wise man said though…”It all depends on your point of view”…
For me, if I can see it, measure it, touch it…I believe it. That just makes sense. Or, if I can see the evidence that it exists (I can’t see gravity, but I am believing it!).
What gets tricky are the things that we can’t see or prove. As the great Palmer Joss said: “Did you love your father? Prove it.” That has always stuck with me. Just because I can’t prove it, doesn’t make it not true.
And science has so many things that we don’t understand and can’t prove. After reading “The Future of Humanity” by Machio Kaku, it just blew me away the things I never new existed (like rogue planets that DON’T orbit a star). And it made me think even more that just because we don’t know it, can’t prove it, or don’t understand it…doesn’t mean it doesn’t exist.
So I always feel like making sure I stay open to things I can’t prove. It may be a whole different way of thinking that helps us make the next leap…
Mike: I loved all of those posts! But…
..You had me at KAIZEN… 🙂
That is the mindset. Once you see this as a business, everything needs to be efficient. I HATE inefficiency. Small things add up. Even Veronica has made this switch. She is definitely more the right brain side, and definitely the Softer Side of T-Satt, but she digs it. We worked her office so be efficient. She LOVES SixBit and won’t move away from it because it is faster. She is moving to more inventory locations in the SKU as now she hates the searching…all of it.
Part of your texts made me remember the ORIGINAL McDonald’s owners revamping their store layout to be efficient in “The Founder” (great movie). All KAIZEN…
Now…about that Makers Mark… (and Makers 46 if you have it!)
Any purchase on a credit or debit card will have a transaction fee, so Venmo will be no different. So, for moving money back and forth (like PayPal), that would be free, but any credit card transaction would have the fee.
I don’t know enough about them to know how they get paid on their fees, as in who uses them to process payments. Maybe they are a B2B vendor on the backend and that is how they get paid.
“as the circle of our knowledge expands, we become more aware of what we don’t know, things we were not even aware that we didn’t know, but now we realize more of what we don’t know, but there is still way more we don’t know that we still don’t even realize we don’t know it.”
Amen to that. There is a vast amount of things we don’t know and don’t understand, and even more that we don’t know we don’t know.
“1500 years ago, everybody KNEW that the Earth was the center of the universe. 500 years ago, everybody KNEW that the world was flat, and 15 minutes ago you thought that people were alone on this planet. Imagine what you will know…tomorrow…”
Mike: Totally agree with your mindset. When you are doing this as a business, you want to have more control and better tools to manage the process. Outside tools do that. Ebay doesn’t have to.
And on the mindset of process. I don’t look for Gamechangers (as they are usually very easy to spot to begin with). I look for the small things that add up. If you can list one more item an hour, that is 5-10 per day (depending on how long you list). That can be a significant difference after 3-4 months of a process improvement.
I used to say on my side of the Consulting world: “If you fix the process and save 30 minutes per day, you save that amount FOREVER. The ROI on FOREVER is huge.” Small moves add up. Make one improvement that saves some time or some money, then the next, then the next. Find the Adjacent Possible and take that step. Then find the next Adjacent Possible…
I’m sure eBay is paying ShipRush. Free for us, but they pay the bill.
And that is what I’m talking about. Make the ShipRush experience the EBAY platform, free of charge. You outsouce that side and pay good money for them to do it right. Same with Adyen for payments. Outsource it, manage it, but don’t BUILD AND HAVE TO OWN IT.
The ONE thing. Great book. Focus on the ONE thing.
Ebay is to provide a solid marketplace. Outsource the heavy blocking and tackling of other items to companies that can manage it better. Ebay doesn’t have to do it all…just PROVIDE it all…
Transaction fees on credit cards. They may give up the P2P side to gain marketshare of users. I only had it as a way to get money to my son in Europe.
https://www.investopedia.com/articles/personal-finance/032415/how-safe-venmo-and-why-it-free.asp
We use Zelle for our photographer. Right in our Banking App and he gets paid instantly. We have used it to pay our boys as well when they have access to their debit cards.
Only done it once with my son.
Yeah, there was some time there as all the transactions have to clear the banks (which I would LOVE to know why it still takes so long to clear in 2018). I know we have a bank expert on here…
Beyond that, dunno. I’m sure it is the bank clearing that takes the time. Same with PayPal. Takes at least one day if not two to get into our account. If you have a balance, the move is quick (PayPal to PayPal), but still takes time for the recipient to move to their bank.
Not sure how the banking laws work. Interesting question…
PayPal owns Venmo as well. Interesting to see their future…
It will be interesting to listen. I usually listened to Griff and Lee at 1.5x speed…
-
AuthorPosts