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slocode111
Community Member
Posts: 876
Registered: ‎04-15-2014

Re: Ebay sales Dropped Why so Slow?

[ Edited ]
in reply to old_man_arthur

old_man_arthur wrote:

So, are we all gonna be switching to Ali Ba Ba soon?

 


Alibaba is an international business to business (B2B) website. Their new consumer to consumer venue is called taobao (means "buried treasure"). Should be here very soon to snipe eBay sellers and buyers alike.



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komokwa
Community Member
Posts: 5,812
Registered: ‎03-26-2003

Re: Ebay sales Dropped Why so Slow?

in reply to old_man_arthur

Well.....we've all been asking for a new place to go...........................so?????



Who will save the river valley , that's my drinking water.! "Moxy Fruvous"
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old_man_arthur
Community Member
Posts: 861
Registered: ‎11-13-2007

Re: Ebay sales Dropped Why so Slow?

in reply to billyboyboo123

billyboyboo123 wrote:

I believe one of the reasons Ebay's buyers have left is because, the seller has to raise prices in order to profit off their items. Ebay isn't exactly cheap either. The fees can become ridiculous. I personally know several people who have stopped selling on Ebay, because they couldn't profit like they wanted. 

The buyers think the sellers are a bit expensive, but what they don't know is, the sellers have to be expensive, in order to pay Ebay fees, PayPal fees, shipping fees and still make a profit.

 

If I don't start picking up. I'm going to sell somewhere else. It's became ridiculous. Ebay's fees aren't helping at all either. 

 

Every month, I pay a whopping chunk of my money to Ebay. I wish they would lower their fees, but greed won't let them. Which, they only hurt themselves in the longrun.... sadly!


As far as being competitive on eBay....

 

I have mentioned in other posts that a Seller must account for the 14% that goes to eBay.

Unless you are selling items that you have gotten for FREE, it is hard to make a profit while keeping prices low.

 

------------

So, are we all gonna be switching to Ali Ba Ba soon?

Alibaba

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New Toy: Composite Acoustics Cargo;  photo 9585fb2a-9e02-45ac-9481-aed93ad0e7c7_zps771f6e0d.jpg
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shooze4us
Community Member
Posts: 8
Registered: ‎07-04-2005

Re: Ebay sales Dropped Why so Slow?

in reply to damseldoll2
I'm seeing this too! Don't really know what to do however this is my only source of income so I'm worried. I have never relisted so many items before. I worked corporate for 30 years and might have to go back! I love running my own business I just wish eBay would do something to help us..... Lower the fees, something!!!
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billyboyboo123
Community Member
Posts: 12
Registered: ‎05-31-2014

Re: Ebay sales Dropped Why so Slow?

in reply to pugmation

I believe one of the reasons Ebay's buyers have left is because, the seller has to raise prices in order to profit off their items. Ebay isn't exactly cheap either. The fees can become ridiculous. I personally know several people who have stopped selling on Ebay, because they couldn't profit like they wanted. 

The buyers think the sellers are a bit expensive, but what they don't know is, the sellers have to be expensive, in order to pay Ebay fees, PayPal fees, shipping fees and still make a profit.

 

If I don't start picking up. I'm going to sell somewhere else. It's became ridiculous. Ebay's fees aren't helping at all either. 

 

Every month, I pay a whopping chunk of my money to Ebay. I wish they would lower their fees, but greed won't let them. Which, they only hurt themselves in the longrun.... sadly!

joshboy.jpg
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slocode111
Community Member
Posts: 876
Registered: ‎04-15-2014

Re: Ebay sales Dropped Why so Slow?

in reply to hihosilver.999

Thanks for the enlightening message. I saw a short documentary about Jack Ma on Bloomberg TV this AM and the goals of Alibaba have remained intact. There is a rumbling that they might acquire Yahoo soon.

 

Jack Ma, with a net worth of $22 billion, is now the richest man in China.



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Community Member
Posts: 72
Registered: ‎04-18-2014

Re: Ebay sales Dropped Why so Slow?

in reply to gupplayer

What Ebay Is doing and Why? 


This is a very in depth look and I apologize for how long this post is but if you decide to read the entire post you will have a much deeper picture of what and why.


To really see the whole picture its really important to take a look at the past. This transformation that EBay is going through really has nothing to do with buyer satisfaction. It has everything to do with the past and what they want to accomplish in the future.  

 

Here is a look back to 2004 when EBay entered the China market and I need to say this article below was in no way written by me it is a published Forbes article written by Helen H Wang.

 

In 2004 eBay had just entered China and was planning to dominate the China market. Alibaba was a local Chinese company that helped small- and medium-sized enterprises conducting business online. Most people in the West had barely heard about it When eBay entered the China market, Jack Ma, founder and CEO of Alibaba, was alarmed that “someday, eBay would come in our direction.” He knew too well that there was no clear distinction between small businesses and individual consumers in China. As a defensive strategy, Ma decided to launch a competing consumer-to-consumer (C2C) auction site, not to make money, but to fend off eBay from taking away Alibaba’s customers.

A new Web site named Taobao—meaning “digging for treasure”—was launched free of charge for individuals buying and selling virtually any consumer goods, from cosmetics to electronic parts.

In 2004, I visited Alibaba at its headquarters in Hangzhou. It is located on a campus of three ten-story buildings in the northeastern part of Hangzhou, about a ten-minute taxi drive from West Lake. In the lobby, a flat panel TV was streaming video clips of Jack Ma speaking at various public events where his admirers, most of them in their twenties, were cheering him like a rock star. While visiting Alibaba’s headquarters in Hangzhou, I felt the same “insanely great” energy of entrepreneurship as I felt in Silicon Valley. When I asked a senior manager at Alibaba whether the company was worried that it would be bought by eBay, I was blown away by the answer: “We will buy eBay!”

EBay, on the other hand, began its most aggressive campaigns to dominate the market and thwart competitors. Soon after Taobao was launched, eBay signed exclusive advertising rights with major portals Sina, Sohu, and Netease with the intention of blocking advertisements from Taobao. In addition, eBay injected another $100 million to build its China operation, now renamed “eBay EachNet,” and was spreading its ads on buses, subway platforms, and everywhere else.

Ma fought back cleverly. Knowing that most small business people would rather watch TV than log on to the Internet, Ma secured advertisements for Taobao on major TV channels. In 2004, one could easily feel the heat of fierce competition between eBay EachNet and Taobao. When I was taking a taxi in Shanghai, I noticed the ads of eBay EachNet on the back of the driver’s seat; when I checked into my hotel, I heard the ads for Taobao popping up on TV almost every half hour. Since its name means “digging for treasure” in Chinese, it attracted a lot of attention by a smart play on words. While most people in the West had never heard of Taobao, its name was heard loud and strong in China.

Nevertheless, most industry observers were suspicious about Taobao’s future, particularly its sustainability. Unlike eBay EachNet, which charged its sellers for listing and transaction fees, Taobao was free to use. Neither Ma nor any members from the management team gave a definite timeline as to how long this “free period” was going to last. “Free is not a business model,” the doubters said. Some thought Ma was crazy and nicknamed him “Crazy Ma.”

No doubt Crazy Ma was changing the game. Taobao got a quick start with its free listings and continued to gain momentum as more and more users switched from eBay EachNet to Taobao. According to a Morgan Stanley report, Taobao was more customer focused and user friendly than eBay EachNet. With most users not

sophisticated about auctions, the majority of Taobao’s listings were for sales. Only 10 percent of its listings were for auctions, while eBay EachNet had about 40 percent of its listings for auctions. Taobao had also better terms for its customers: it offered longer listing periods (fourteen days) and let customers extend for one more period automatically. EBay EachNet did not have this flexibility.

Taobao’s listings appeared to be more customer-centric while eBay EachNet’s listings more product-centric. For example, Taobao’s listings were organized into several categories, such as “Men,” “Women,” and so on, while eBay EachNet stuck to its global platform, grouping users into “Buyers” and “Sellers.”

At that time, China had about three hundred million cell phone users versus ninety million Internet users. Taobao offered instant messaging and voice mail to mobile phones for buyers and sellers because Chinese users were cell-phone savvy rather than computer savvy. It was clear that Taobao had an upper hand against its global counterpart because it really understood Chinese customers. As a result, Taobao had higher customer satisfaction than eBay EachNet. According to iResearch, a Beijing-based research firm, the user satisfaction level was 77 percent for Taobao versus 62 percent for eBay EachNet. The experience of competing with eBay gave Ma tremendous confidence. He was determined to win:

“eBay may be a shark in the ocean, but I am a crocodile in the Yangtze River. If we fight in the ocean, we lose—but if we fight in the river, we win.”

By March 2006, Taobao had outpaced eBay EachNet and became the leader in China’s consumer-to-consumer (C2C) market, with 67 percent market share in terms of users, while eBay EachNet had only 29 percent market share. “The competition is over,” Ma exclaimed. “It’s time to claim the battlefield.”

On December 20, 2006, Meg Whitman, eBay’s then CEO, flew to Shanghai to take part in a press conference to announce a new joint venture with Beijing-based Internet portal Tom Online, which provides wireless value-added multimedia services. It was, in reality, a formal announcement of eBay’s withdrawal from the online auction market in China. EBay shut down its China site, eBay EachNet, and took a back seat to a company with only $173 million in revenue and no experience in the online auction business.


Jack Ma represents a new generation of savvy Chinese competitors who should not be underestimated. They study their markets and bring to bear their local knowledge. They learn from their competition and from their own mistakes as they move up the competitive landscape.


The case of Alibaba provides an invaluable lesson for multinationals to succeed in China market:


First, eBay failed to recognize that the Chinese market and the business environment are very different from that of the West. EBay sent a German manager to lead the China operation and brought in a chief technology officer from the United States. Neither one spoke Chinese or understood the local market. It was eBay’s biggest mistake. Second, because the top management team didn’t understand the local market, they spent a lot of money doing the wrong things, such as advertising on the Internet in a country where small businesses didn’t use the Internet. The fact that eBay had a strong brand in the United States didn’t mean it would be a strong brand in China. Third, rather than adapt products and services to local customers, eBay stuck to its “global platform,” which again

did not fit local customers’ tastes and preferences.



Interesting facts about Alibaba:


1-Alibaba has more sales than both Amazon and Ebay combined

2- "On last year's Singles Day -- China's version of Cyber Monday -- sales on Alibaba's shopping sites clocked  in at $5.7 billion, more than double America's Cyber Monday" This was in a 24 hour period.

3-Alibaba has more money than some third world countries

4-"This is the largest e-commerce company in what will be the largest e-commerce market in the world. Everything about it is: Wow"


Now you might ask yourself, what does this article have to do with the present? 

What's happening now? 


Yesterday Jack Ma released his intension to significantly increase Alibaba presence in AMERICA and guess who Alibaba is aimed at ??  Ebay it's former rival who tried to monopolize China's Ecommerce in 2004. 


EBay has been preparing for Alibaba's arrival. Ebay is attempting to stage itself as a large volume arena by getting rid of small and medium sized sellers especially sellers who sell used and refurbished goods and replacing those unwanted sellers with corporations, large chain retail stores and large volume sellers from China.


How are they doing this? Simple it's called the "defect rate" you see the defect rate only applies to regular sellers.

 

The "wanted sellers" such as large corporations, National retail chains and Chinese sellers are "immune" to this new standard.


EBay knows it's virtually impossibble for those who are "not immune" to the defect rate to stay within standards with the new system especially when sellers are hit with defects for both: Events that are out of their control: Examples:  lost, damaged or late shipment incurred during delivery or secondly Normal business operation such as a returns or cancelled transaction. It would be interesting to see what EBay's defect rate is?


When you fall below standard any discounts you may have earned are taken away, your Paypal account assets from sales are he held for up to 21 days and additionally your adds are hidden in a swarm of unrelated items. Thus begins a war of attrition: You will find it nearly impossible to operate because not only are your sales greatly reduced but in addition you have no access to your income for 21 days.  This means zero buying power for up three weeks.


The trap in nearly impossible to escape because if you do not make at least 400 transactions within a 3 month period you will then be rated based on the last 12 months of your transaction and feedback history and of course since they have taken steps to greatly reduce your sales this means you will really have to fight to reach 400 transaction and all with no revenue.

 

If one does not make enough transactions in a three month period it will take nearly 1 full year to escape the snare.


By then you are either bankrupt or you have moved to different market.

The 90 day return and HFR "hassle free returns" will be the final blow. The 90 day return policy means that you can get a defect up to 90 days after an item was purchased. In addition the hassle free return is yet another snare. If you implement it any item not as described case that is opened or even escalated will be an automatic victory for the buyer. EBay's response: Those enrolled in the HFR cannot have any item not as described cases removed because the buyer is covered also by the hassle free return program as well.  


Conclusion: 

Ebay is driving away some of their most loyal customers as they kick off more and more sellers. Most small and medium sellers also buy from Ebay on a regular basis. So they are replacing buying customers with Volume sellers like Tiger Direct, New Egg, Best Buy not to mention untold numbers of large volume Chinese sellers. These corporate merchants are there for one sole purpose and that's to sell. So in essance EBay has alienated a large number of buyers from EBay's economy and replaced them with corporate sellers. EBay is the first corporation I have ever seen that chases away it's best customers.

Secondly: EBay is hinting that PayPal and Ebay will become a seperate entity. Investors are putting great pressure on Ebay to do this.    Why?

 

Because PayPal's greatly outperforms EBay. Many investors want to solely invest in PayPal and drop EBay stocks. If PayPal separates this will greatly drop the number of EBay investors and in retrospect it will negatively effect the value of  EBay stock. Let's compare EBay alone (without PayPal) to other online Ecommerce Venues. The last month EBay gained only 5.9 % same sales growth while Amazon gained over 45%. If you were an investor which would you choose?   Alibaba stock is also rumored be going public soon offering a 20% discount on their stock . Which would you put your money into? The under performing EBay? Or would you pick a Venue that has proven higher gains?

Third: Alibaba is coming for Ebay. When this giant Ecommerce site establishes itself in America do you think the chinese sellers and the large volume sellers will remain loyal to EBay?  I can tell you right now the Chinese sellers will switch to Alibaba in a heart beat.  After all Alibaba originated in China furthermore the Corporations will go where it is most profitable as well. The loyal small and medium sellers that have been with EBay from the beginning will already be gone due to the defect system.


Ma Quotes: The founder of Alibaba

1-"In the past decade, we measured ourselves by how much we changed China," he wrote in a letter to investors last week. "In the future, we will be judged by how much progress we bring to the world."

2- "We will buy EBay"




My quote 'A kingdom divided shall surely fall" EBay better get undivided because the completion is all in one accord.

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ricks_pub
Community Member
Posts: 32
Registered: ‎02-11-2008

Re: Ebay sales Dropped Why so Slow?

in reply to ricks_pub

eBay Form 10-K Risk Disclosure is an nteresting read in light of actual events developing during the first 3 quarters of 2014: If it could happen, it did: http://files.shareholder.com/downloads/ebay/3468075808x0xS1065088-14-10/1065088/filing.pdf

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damseldoll2
Community Member
Posts: 16
Registered: ‎09-19-2013

Re: Ebay sales Dropped Why so Slow?

in reply to terrys-treasures-uk
I, like you have tried to build a considerable clientele but IT IS real,
EBay has not just slowed, it's come to a screeching halt.
It's been round bout 6 or so months now, somewhere round early spring is when I could see a definite decline.
I sell all my stuff at .98 cents and charge fair shipping. I don't get any sales anymore, no one not even crickets......
It's pretty sad when I'm jealous that that USPS is making way more than I am off every one of my purchases.
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old_man_arthur
Community Member
Posts: 861
Registered: ‎11-13-2007

Re: Ebay sales Dropped Why so Slow?

in reply to ricks_pub

ricks_pub wrote:

This comment string dates back to June 2014. Random check of the eBay Members who posted during that time shows that many no longer list any items at all for sale on eBay. Most of the ones I checked have been eBay members for 5 to 15 years and each had sold hundreds if not thousands of items during that time. It appears that the real problem is not just a new rating system or a new set of policies; it is a precipitous decline in sales that has continued for months.


I was never a prolific seller.  I never had a "Store".

I just bought and sold guitars and such for fun and profit.

I know that I have bought more stuff on eBay than I have sold.

I just checked my Seller Dashboard...

I have sold 139 items for $32,214 since 2007... averages out to $231.75 per item.:smileyhappy:

But I doubt that I have sold a dozen things in the last 2 years.

 

Due to eBay policies it is often not worth the hassle to sell stuff here.

I keep hanging-around hoping that it will change.

But I have listed stuff here for a month with no luck, only to have it sell in a day on another site.

So, this is a self-inflicted wound for eBay.

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New Toy: Composite Acoustics Cargo;  photo 9585fb2a-9e02-45ac-9481-aed93ad0e7c7_zps771f6e0d.jpg
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collectibles8899
Community Member
Posts: 56
Registered: ‎11-27-2007

Re: Ebay sales Dropped Why so Slow?

[ Edited ]
in reply to ricks_pub

50% Dropped. 50% Sales has 20% unpaid item cases open. 10% buyer change mind and return for refund.  20% waiting for returning or buyers will (May) ask for more discount or will send back with item not as described case open. :smileyhappy:      

  NEW TRS RULES EFFECTED ALL MEMBERS.

PURCHASED ONE MUSIC BOX FROM A TOP RATED SELLER . RECEIVED A PILLOW TODAY. WORNG SHIPPING LABEL PUT ON WRONG BUYERS . THE OTHER BUYER PURCHASED THE PILLOW RECEIVED THE MUSIC BOX. WELL , ITEMS NOT DESCRIBED = 2 CASES OPEN FOR THIS POOR TOP RATED PLUS SELLER. TWO DEFECTS ON HER FOR 12 MONTHS.  SORRY FOR THE SELLER.   GOD BLESS AMERICA . smileylol:

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ricks_pub
Community Member
Posts: 32
Registered: ‎02-11-2008

Re: Ebay sales Dropped Why so Slow?

in reply to parahna1

This comment string dates back to June 2014. Random check of the eBay Members who posted during that time shows that many no longer list any items at all for sale on eBay. Most of the ones I checked have been eBay members for 5 to 15 years and each had sold hundreds if not thousands of items during that time. It appears that the real problem is not just a new rating system or a new set of policies; it is a precipitous decline in sales that has continued for months.

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blue-vintage
Community Member
Posts: 435
Registered: ‎05-30-2003

Re: Ebay sales Dropped Why so Slow?

in reply to parahna1

I switched to BIN & that seemed to work better for a few weeks then not so great so I am back with auctions. Had a little surge in sales over the week-end but it's still slow. If it stays slow through the holidays that would be a first for me.

 

artie said:

'I have been selling since 2002 and have no regrets. In fact I am very pleased with eBay/PayPal. All the fees are available to all sellers. Interesting when one investigates the sellers complaint in the end the majority of time, it is the seller that caused their own fee problem!'

 

 

Happy for you that you are so 'pleased' with ebay & PP.....and yes, sellers can try to reduce fees by using free listings etc etc but the 'majority' of the fee burden directly the fault of the seller? How is that?

 

 

 

 

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komokwa
Community Member
Posts: 5,812
Registered: ‎03-26-2003

Re: Ebay sales Dropped Why so Slow?

in reply to dioramaman20014

What goes around,

comes around !



Who will save the river valley , that's my drinking water.! "Moxy Fruvous"
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Community Member
Posts: 5
Registered: ‎09-01-2014

Re: Ebay sales Dropped Why so Slow?

[ Edited ]
in reply to artie-chicago

HERE ARE SOME FACTS FOR YEAH !!!!

 

Chief Executive Officer John Donahoe  CEO of ebay received $13.8 million in total compensation last year, a 53 percent drop from 2012, when he was granted a large stock award.

Donahoe was paid $993,269 in salary, a cash incentive payout of $1.62 million, and restricted stock and option awards of $11.1 million, the company said today in a filing. He also received other compensation of $165,508. In 2012, he was given a total of $29.7 million, including $14.9 million in performance share unit awards.

 

 

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artie-chicago
Community Member
Posts: 841
Registered: ‎04-19-2009

Re: Ebay sales Dropped Why so Slow?

in reply to dioramaman20014

"SAY GOOD BY TO EBAY AND ITS ALL DO TO THERE GREED"

 

Another statement from a disgruntled member wishing instead of providing facts.

 

87 cents from every dollar to make a decent profit. Included is the cost of the item, shipping costs, and what ever else might be needed. For me it's usually packing cardboard and usually free from a local grocery store. Yeah I make a decent profit and keep my clients happy with same day shipping and quality merchandise usually better than they expect. I have been selling since 2002 and have no regrets. In fact I am very pleased with eBay/PayPal. All the fees are available to all sellers. Interesting when one investigates the sellers complaint in the end the majority of time, it is the seller that caused their own fee problem!

 

 

 

 

“A man is not old until regrets take the place of dreams” — John Barrymore   

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parahna1
Community Member
Posts: 1
Registered: ‎02-07-2010

Re: Ebay sales Dropped Why so Slow?

in reply to pugmation

I have been selling for 5 years steady..I was doing great until about 6 months ago..it has gotten so bad I'm looking else where to sell my products. Now I only do Buy it Nows since auction sells are horrible and I end up practically giving stuff away. Ebay will be history soon...

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collectibles8899
Community Member
Posts: 56
Registered: ‎11-27-2007

Re: Ebay sales Dropped Why so Slow?

[ Edited ]
in reply to odditiesandantiquities

This summer business has been slow down . Here is a good message :

by: realitycheck
       
Thu Jul 8 12:43:50 2010
I think there are many reasons for this.

1. To be fair the economy does play a large role.

2. Many of the buyers are also sellers, which ebay has run MOST of them off.

3.There are just way to many glitches with the ENTIRE ebay system. Something is ALWAYS down or just totally screwed up, and of course ebay always denies or ignores everything, especially when it is affecting sales.

4.ebay keeps charging MORE but doing LESS to promote the sellers.

5.Because sellers are paying so much MORE and getting so much less now that ebay has "decreased fees", sellers are forced to charge more in the worst economic times just to try and stay afloat.
Not to mention the DRASTIC increase of FRAUDULENT and NON PAYING buyers sellers are also now FORCED to deal with thanks to ebay and paypal.

eBay is becoming a SCAMMERS BUYING PLAYGROUND.

BTW..My sales have TANKED in the last 4-6 weeks as well.
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collectibles8899
Community Member
Posts: 56
Registered: ‎11-27-2007

Re: Ebay sales Dropped Why so Slow?

in reply to gupplayer

You can try 60 days hassle free return , sllers pay return shiping or let buyer keep the item and full refund policy. The sales will be way up. Thanks

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Community Member
Posts: 1
Registered: ‎09-25-2011

Re: Ebay sales Dropped Why so Slow?

in reply to pugmation

     It's a real shame. I thought it was real slow because of the summer. Now that schools back in and this is the first weekend I didnt expect it to get even slower. Here it is 1:15pm on sunday, and I've had one sale, when 3 months ago I had, by this time of the day 10 at the minimum. I guess this is no longer valid as a source of income. One more month, and if it does not pick up I will auction all my stuff of in bulk and be out of it. The amount of time you put into it is not worth it.

 

     They told me I need to do marketing. Then I go to marketing page, and its just the word they use for sale. Mark the items down more than what they are? They are already dirt cheap. Or the other one is offer free shipping. Are you kidding, you have to jack the price up on each individual item, so if someone want to buy multiple items they wont, how does that make sense (makes me think the ebay corporate building turned into a big crack house). Besides the US govt doesnt subsidize and pay for my shipping like the chinese do for their sellers. They get cheaper shipping sending things overseas than I do sending them 20 miles away. Ebay needs to level the playing field with the chinese. Get us bulk discounts that compete with the chinese shipping costs. Because if they keep this up there really wont be anybody left on ebay. Allowing chinese sellers on US ebay is the worst thing they did. Not only did they cut the their sales numbers and consequently their profits, but they drove away a good deal of the sellers from the US site. Good job ebay. Double whammy.

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