12-13-2020 07:36 PM
I want to delete my account altogether. I hate that eBay is done with PayPal. It has been in the works for a while but I’m not happy about eBay taking another THREE percent of MY sales!! I thought the 10% was already too high now they want more??? My sales totals are a joke. I hardly see any profit after my initial cost, shipping and fees. I also hate the fake eBay gurus who lie and say you can make a living by shopping at the thrift store. Most sellers are dropshipping and wholesaling for cents on the dollar just to make a profit.
I miss when this **bleep** was a spot for rare and vintage finds. Anybody else ready to walk?
12-13-2020 08:36 PM
@dbfolks166mt wrote:There is one key point in your statement that resonates loud and clear with me. "Chasing Amazon buyers". No company ever got ahead by chasing another companies ideas or practices. Those that do find that by the time they get there they are still behind the power curve. To quote Jack Welch “If the rate of change on the outside exceeds the rate of change on the inside, the end is near.”
So many organizations are massively out of sync with the external rate of change. Everything is internally focused. Everything is focused around maintaining things as they are and protecting existing revenue streams, existing product lines and existing modus operandi. The companies who live in day one (In Startup Mode like Amazon) constantly survey their ecosystem, constantly survey what is going on outside their businesses and thus are not taken by “surprise” disruption.
Yeah. Innovation seems to have stalled out a really long time ago and they are just in business to milk their sellers now. Like taxi medallions who justified their refusal to take credit cards - they got it all on lockdown right? What else are you going to do, walk? All they did was prime themselves for disruption by uber. I'm continually reminded of those types of endless justifications here.
Amazon faces it's own challenges too, but on a totally different scale and unlikely to face disruption.
Anything is possible though. This could work out for eBay. We shall see.
12-13-2020 09:33 PM
Yes, their timeline for getting all sellers into MP is the end of next year. I'm not sure if they are leaving the little sellers until last. I think it's random who gets picked for the next round.
12-13-2020 09:43 PM
I agreed with you 100%
12-13-2020 10:20 PM
OOO yes I will be gone on or before 18 Dec, 2020. Done walked out for 2 weeks when this Managed Payments started. My next trip is the real one. As I am not going to let e bay mess my Christmas up. I sold items yesterday on Etsy and my money is going to move to my bank in the morning. I sold items on here 3 days ago not even moved to Available on here yet. Done got my money from those sales on other Esty site. E bay's Managed Payments is a rip off. They say will deduct labels from Pending funds that is a lie. They deduct money from Available Funds. I am in neg $ all the time waiting for them to be slow about processing funds. That is a joke. If they moved the moneys right I might stay. But I am not big on them jacking my cash around. I am a small time seller not a rich credit card company.
12-13-2020 10:24 PM
No pay pal did not kick e bay out. E bay kicked pay pal out. E bay is greedy wanted all the fees.
12-13-2020 10:26 PM - edited 12-13-2020 10:28 PM
I will say this...
My profit in any sale is the amount of money left over after all costs are paid.
Simple, isn't it?
So lets take an example, a $2 item that I sell for $10.
Cost breakdown:
$2 item,
$3.50 First class label
$1 cost of printer, toner, label, and package / envelope.
$1.50 FVF's (I always use 15% for this)
That leaves me with?
$2...
I have to decide if that is worth it to me, if it is I leave the price at $10.
If it is not, I raise the price until it is.
That being said...
If EBAY *OR* the post office *OR* my supplier *OR* any other facet of the above operation either raises my cost or results in an increase that I can not absorb or compensate for?
The simple answer is I raise the price of the item by that much.
Stop kidding yourself into that self-defeating mindset of "it won't sell for more because it's hardly selling now."
Folks, if you're not making a profit then you HAVE to ask for more, simple as that.
What choice do buyers have, they can go to your competition until they too raise their prices or they can be the ones working their tails off feeling all miserable, see how that works.
Your competition may in fact feel trapped because your low price is holding them back?
You should free them from that constraint, raise your prices so they can raise theirs!
And if you're not sure that will work, wait until they see you getting paid more than they are.
No reason to leave ebay, take your items and go through your listings one by one.
Check for any errors, omissions, anything that could use improving, any inconsistencies, sounds silly but believe me you will find these! Fix them, and raise the price of each item by 20% for your effort.
Oh and, have fun.
12-13-2020 10:28 PM
No more pay pal fees now its just e bay getting the fees you paid to pay pal and all. Your fees is not cheaper. They are the same except you get paid like a turtle is doing it.
12-13-2020 11:38 PM
@oldwestgold wrote:I would positively agree with you on not rolling MP out when they did. But possibly they didn't have a choice as Paypal may have been kicking them out contractually.
This did NOT happen. I know a few sellers have said this on a few threads, but it isn't accurate.
Ebay and PP were under contract from their split in June of 2015. It was a 5 year contract that ended in June of 2020. In that contract there were stipulations that Ebay could not process any more than 10% of the sites sales via other means other that PP. That was to protect PP's viability after the split and without risk of losing Ebay's business as it was a big part of PP at the time.
For PP they were restricted from servicing certain sites in this contract. Now everyone is free from it. Ebay can move forward with their money processing program and PP is free to do business with whomever they choose.
There was a contract extension between Ebay and PP which ensures that PP will provide buyer and seller services on Ebay through 2023. It is likely that contract will be renewed again, but of course we need to wait until the date gets closer.
PP still does a very good business here, so they are any no rush to leave Ebay and Ebay is well aware that most buyers use PP. So it is still a good business deal for both companies.
Some posters just say differently because they are mad about MP and they made some assumptions which are incorrect.
12-13-2020 11:40 PM
@electronics510 wrote:
@dryophelia wrote:“anybody else ready to walk”
Your posse started riding out a year and a half ago. Some had no choice, some went quietly into the night, Of course this salloon’s been been shot up a few times by the real fighters.
But it’s how it will be here up to the end of 2021 when everyone will be switched over.Shows how much I know. I thought it was Dec 31st for everyone. Because even my smaller account here just got put on MP notice.
There's a whole other year of PayPal for the smaller sellers?
Not exactly. Not all sellers will be in MP by the end of the year. There will still be others that move in next year. Ebay's goal is to have everyone in MP by the end of 2021. They still have some stuff to work in in a handful of categories that they can't currently support in MP, so those sellers are staying with PP until that can be resolved.
12-13-2020 11:43 PM
@dryophelia wrote:Yes, their timeline for getting all sellers into MP is the end of next year. I'm not sure if they are leaving the little sellers until last. I think it's random who gets picked for the next round.
They aren't. Small and casual sellers make up about 80% of the Ebay sellers. Most of the sellers you see on the boards fall into that category. Sometimes a larger seller pops in and it is always interesting to get their perspective, but it is mostly small sellers on the boards.
12-13-2020 11:48 PM
@lovett-1000 wrote:No pay pal did not kick e bay out. E bay kicked pay pal out. E bay is greedy wanted all the fees.
Ebay is a for profit company. Their desire to make a profit is no more greedy than the desire sellers have to make a profit on what they sell. Profit is not a dirty word. To profit isn't greedy, it is what every single one of us is here for. But for some reason when Ebay makes a profit it is some kind a dirty word or dastardly in some way. That simply doesn't make sense.
And some of the same people that call Ebay "greedy" for wanting to make a profit, are among those that will slam Ebay when their financial statements don't show as high of a profit as they feel they should be showing in comparison to some other company.
Seems like a vicious circle to me.
12-14-2020 12:00 AM
While I share your frustration to a point, I'd like to share some friendly advice with you. If you want to be successful at anything, you've got to work hard at it. You've got to commit to it. Then you have to conquer it. When I started on selling on eBay, it was just for a few extra bucks to survive. Financially I was in dire straits. It then turned into a huge business for me. Things have certainly changed alot over the last couple years especially, and some of them were unacceptable as far as I was concerned so that part of my business evolved. For all I know, you have 5 eBay accounts but based solely on the one I can see, I can say right now, you've got to list more stuff. This is a sink or swim thing if you expect to make a full time living. It's extremely competitive. Do I think there's alot of "get rich quick selling on eBay" youtubers blowing hot air? Absolutely! Take the energy you're using being frustrated and and make that bitterness profitable. I absolutely hate managed payments, my business model has changed to adapt to it (thats as much as I can say without getting scolded here), so I use eBay to sell stuff that's best suited to sell on eBay and the rest has "evolved". Businesses, large and small makes those decisions on a daily basis.
12-14-2020 05:33 AM
I agree, as a buyer it is a 'slam dunk' no-brainer. There are still some unusual and great buys out there. Also the risk factor is '0' due to the BMG. As a seller, weighing in all the factors, it is definetly a **bleep** shoot.
12-14-2020 05:35 AM
sorry for the noob question,
what does MP stand for?
12-14-2020 05:39 AM
wait, what is eBay doing with PayPal? are they breaking up?