Fulltime ebay reseller Fulltime motorcycle junkie! If it’s got wheels and burns fuel, I am in!
I share my experiences with everything motorcycle & automotive related as well as things regarding selling full time on ebay.
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@5797029
Ай бұрын
This Summer had been off a little, until August 12th. Bam! Ebay opened the floodgates. Sales exploded. The past two weekends have been my best ever. I also have been making offers on the same items over and over. No sales on them.
@motorcycledork
Ай бұрын
@@5797029 That’s awesome that you are back to getting sales!! I’ve seen a few bumps throughout August as well.
@JLStanton1968
Ай бұрын
I wish what was happening could be blamed on the economy. What has happened is eBay did an update last year in late March, early April. Overnight, it took away half of the traffic of many sellers. This in turn cost us half our sales. This wasn't the economy, what we sell, etc, etc etc. It was a play by eBay to get us to pay more in fees, nothing more, nothing less. Seriously, I lost half my traffic in one day after this update. Half my sales. I did nothing differently than I have for 24 years up to that time (I'm 25 years now on eBay). Neither did all the other sellers. eBay wants us to believe that it's a coincidence that we all crashed on the same day, right after an update because of things we did. To accept that, you'd have to believe that millions of sellers all of a sudden became bad at what they do on the same day that eBay did an update and that the update had nothing to do with changing traffic and search patterns. I'm coming up to having 50% more inventory on eBay than I did before this update last year. My inventory is at an all time high in both quantity and quality. Yet I'm making less than when it was 2/3 of what it is today on eBay with two accounts. That's because of eBay changing the way things work, only they're not interested in telling us what they did or how to work within that system because if they did, they'd be sued into oblivion and their stock prices would tank. Simply put, when you're not willing to tell your vendors how the system works, there must be a liability reason that the lawyers of the company have advised you on. And this IS eBay until Jamie Ionnone is fired and his ideas can be discarded. But even if he's fired, there's a chance eBay will continue trying to implement what Jamie started. That's why I've simply gone about listing on other platforms and not giving eBay the business I was. They're just another site until this is fixed. But they are the ones who have to decide to fix it or not. Too many good sellers going down because of bad managerial decisions at eBay. Horrible ones.
@cekz5199
Ай бұрын
That does make sense as I know there was a sudden drop off. I think the reason is eBay decided it wasnt worth it to promote items as heavily anymore. I also think they hit certain categories harder than others such as ones that were suffering and they weren't getting a great return on and halted or reduced promotions. So hopefully that is done and there will be no drastic drops off again but I do think they did this action because of the economy and poor ROI and oversaturation they were seeing.
@JLStanton1968
Ай бұрын
@@cekz5199 eBay did this to get us to pay more of our income to them via promoted listings. Has nothing to do with the economy, inflation, nothing, though that's the excuse Jamie is giving. It has to do with them changing the algorithm one day and then blaming it on the millions of sellers who were affected, as opposed to telling the truth about it. They used to make money off of advertising with google and we made sales. But they decided they wanted us to pay for that and for them to get a cut from Google. They also changed the way search works, burying you behind promoted garbage not searched for if you don't pay the extortion fee but never giving you back what they took away with the update last year. The consequences for them are that the more we get beyond that change, the more time sellers have to move their items to other platforms and every sale there is a lost sale for eBay. There are sellers that are being run out of business because of this. More lost income for eBay. There are people who cannot double their fees paid to eBay as they don't have the margins. That means they'll be fucked and eBay will lose as well. There is a domino effect from what has been implemented and eBay will continue to see declines in the number of sellers there are, buyers due to eBay giving them shit searches in order to force sellers to pay more, and business in general. They're already hiding how much they're not making off of PL as it's stagnated while continuing the pressure to get us to up PL. It's just bullshit and a horrible way to run the platform. BTW, I've been on eBay for 25 years, have 100% positive feedback (as well as the other five platforms I'm on for positives), sold 15,000+ items there and have a 99.5%+ listing rating on every category I sell in. It's not me. Ebay made money off me, but is making 1/5 of what they were because of their actions. Again, horrible way to run a business. They never lost money on me. They can have high and low sell through rate items and continually make money. No need to kill one or the other.
@DeathPileGolf
Ай бұрын
Yo Josh good vid, my how the sales-to-optimism correlates! Lower overheard is a good thing though, you’ll get it tightened up before too long! My action is tracking along similar to that of James, Josh, and a few others, had been chugging along quite nicely yet nada in the last 20 hours on my side which is the longest drought for me since February. 🫠 Gotta keep on listing and hopefully the stability comes back, was great while it was there.
@motorcycledork
Ай бұрын
@@DeathPileGolf You’re not alone. It sounds like even when folks are experiencing good stretches of sales these days, it’s not consistent. After making this video, I blanked yesterday. 🤦🏻♂️
@cekz5199
Ай бұрын
The economy is just getting more and more unstable, the vast majority of power centers have been captured. For example FDA made rules allowing small amount of toxic foods or chemicals to be able to stated as 0% on food labels. Recreational or optional items are getting squeezed much harder than the rest of economy as people will continue to buy what they need but not what they want. The old system broke in 2008 and is basically dying slowly in downward waves. Luxury will do well and basic needs items. The next system could arrive rather abruptly when AI takes front and center.
@PeedOnYourRug
Ай бұрын
I've been running anywhere from 10 to 25 percent off on sales. But I'm doing almost the same amount of business as I was when all this went down the drain. I'm just having to work a little bit harder for the sales.
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