06-15-2023 09:43 PM
So let me get this straight..... if I use Promoted Listings to let's say... "promote a listing", I get to pay a percentage of my total sale to eBay for each and every time a buyer clicks on one of my PL listings and makes a purchase? Yet, at the same time, eBay loads my listing page with Sponsored listings from my competitors which can take a buyer off the page I'm paying to promote...with a single click??
06-18-2023 09:15 AM
@mam98031 wrote:
@pnwgooddeals wrote:That’s the tip of the iceberg lol. Wait till it actually sells and you get to see your net take on it! Anything worth of value it’s better to sell on the other sites. eBay’s greed will be their fall as now there’s competition!
If you concern is that the sellers that are using the TOOL, which is a choice for the seller, that they somehow aren't going to make as much money. The sellers also make the CHOICE of what percentage that is at least 2% or above they are willing to pay in addition to the regular FVFs. And most sellers understand they would need to increase their product price to cover the additional fees if it were to sell. So sellers should be just fine if they are doing their jobs.
If everybody did as you suggest here, this site would be priced out of the market - I'm pretty sure inflated prices on the site is ALREADY one of the many reasons for the current trend in loss of users and GMV and your solution is to raise them more to compensate for ever increasing fees - Great idea - lets see where that puts the site a few years from now when PLs become more essential and less of a choice as they really begin their desired effect of ramping up seller desperation and paranoia...
06-18-2023 11:02 AM
You make such assumptions. It really isn't necessary.
06-18-2023 11:06 AM
@isaiah53-57 wrote:
@mam98031 wrote:
@pnwgooddeals wrote:That’s the tip of the iceberg lol. Wait till it actually sells and you get to see your net take on it! Anything worth of value it’s better to sell on the other sites. eBay’s greed will be their fall as now there’s competition!
If you concern is that the sellers that are using the TOOL, which is a choice for the seller, that they somehow aren't going to make as much money. The sellers also make the CHOICE of what percentage that is at least 2% or above they are willing to pay in addition to the regular FVFs. And most sellers understand they would need to increase their product price to cover the additional fees if it were to sell. So sellers should be just fine if they are doing their jobs.
If everybody did as you suggest here, this site would be priced out of the market - I'm pretty sure inflated prices on the site is ALREADY one of the many reasons for the current trend in loss of users and GMV and your solution is to raise them more to compensate for ever increasing fees - Great idea - lets see where that puts the site a few years from now when PLs become more essential and less of a choice as they really begin their desired effect of ramping up seller desperation and paranoia...
That would assume that everyone was using the PLS, when that isn't even close to being accurate. Ebay's income from PLS in the first Quarter of 2023 was 1% of their total sales.
All I explained was what most sellers already know. When pricing an item to be sold on this site, you must consider all your costs, tack your profit on it and then you have the amount you need to sell it for.
If there are some sellers that choose to use PLS and come out of pocket to cover the fee rate they choose for the item, that is a decision for each seller. Some may have a big enough profit margin on the item to absorb it others won't.
Still it is in the hands of the seller, which is where it should be and it should remain.
06-18-2023 03:00 PM
@mam98031 wrote:You make such assumptions. It really isn't necessary.
No, what I wrote is called logic and deductive reasoning...
What you wrote in your later post?
"Still it is in the hands of the seller, which is where it should be and it should remain."
Now thats an assumption...
Its an assumption, because you assume leaving control over what the seller sets as a rate(up to 100% mind you) is better than having controlled rate increases - Logic and deductive reasoning will prove you wrong most emphatically because your assumption is severely flawed. Controlled rate increases are much more easily adjusted to and there is no guess work as to what rate you should be using - With this crazy scheme everyone using the program is trying to "ONE UP" everyone else(even those not using it). With controlled rate increases, you may see a 1/3 to 1/2 a point increase - with this crazy program people can run the rates up in out of control fashion based on desperation and paranoia.
And again, you ASSUME that what I wrote "assume(s) that everyone was using the PLS" Never stated it, and what I wrote doesnt even come close to implying it - What I wrote doesnt have to - The eventuality of a program like PLs is that EVEN THE THREAT of the program will drive the program - There is absolutely NO control over it - You dont have to use it to be threatened by it - All you need is a time frame of slow or no sales and BAM! the blame goes to PLs - Then the seller believes they must also use it to compete - And when they start using it at 2% and another slow or no sales drought comes BAM! they up it to 4% - This board is seeing more posts that confirm EXACTLY this - EVERYONE Doesnt need to use it to ruin the site - But the eventuality is everyone will need to use it in some form just to function here, because it appears the site is running with it - ITS THE NEW RATE INCREASE - Lets revisit this post 2 years from now and see where things are then - I guarantee you my logic and deductive reasoning will stand the test of time better than you assumptions based on a need to be right...
06-18-2023 03:25 PM - edited 06-18-2023 03:26 PM
@mam98031 wrote:All I explained was what most sellers already know. When pricing an item to be sold on this site, you must consider all your costs, tack your profit on it and then you have the amount you need to sell it for.
If most sellers ALREADY KNOW it, why feel the need to explain - Its exactly what I said in the past about your other posts explaing the known and obvious as though you just came up with the idea...
And what does this even mean?
"When pricing an item to be sold on this site, you must consider all your costs, tack your profit on it and then you have the amount you need to sell it for."
What business on earth does things in this fashion? So you think you can just sell something for whatever the heck you want - Things have values and worth - Just like what @my-cottage-books-and-antiques already surmised, you earn your profit by properly sourcing the product(unless you are creating a product from scratch). You cant just arbitrarily make a product be a certain price in order to compensate for costs and the profit you feel you need to make - Value and worth will stop you in your tracks if you use this as a business model - Sure you may get some organic sales on over-priced items from unsavy buyers, but it is scaring off new business from people doing google searches when they see ebay items higher than anywhere else...
The whole point being, the site is driving up item pricing by digging ever deeper and now wants to put control over fees into the hands of OVERLY desperate sellers? how do you think that's going to end? - Actually, please dont answer that last question - it will only make my head hurt...
06-18-2023 05:20 PM
This is, (in my opinion) another eBay "money grab". eBay execs, have already shown the world what they were willing to do to prevent their insatiable greed from being exposed. Oh sure, you can get rid of a few bad apples, but the current mindset and attitude toward the lifeblood of their platform (individual sellers) is NOT what it was even 10-yrs ago. Instead of building upon the uniqueness of what made eBay great, hatchet men were finally let in the door to protect their shareholders. I can only imagine that this was probably part of a desperate act of damage-control after what happened in the fall of 2022. This would make sense as it also coincides with numerous platform changes, glitches and an extensive marketing campaign aimed at sellers in order to justify them as "benifitial tools". Sadly, eBay is now just another marketplace that happens to have the same name as they did 28-yrs ago.
06-18-2023 05:40 PM
Perhaps you should follow your own advice. You have a good one.
06-23-2023 05:51 AM
i've been using promoted listings ever since Devin ( the previous CEO ) starting implementing them , they use to work really well , items would sell in a couple of days to a week or so , now a days it takes months to sell an item on ebay using promoted listings ( in my opinion thats useless as items that werent npromoted took that long to sell ) , and every since march there has been a huge outcry of slow sales and visibility ( slow down is normal but going from a couple thousand a month to a few hundred thats not normal ) , back to my point ever since Ian ( the new CEO ) started messing with promoted listings ( pls remember its the only revenue stream increasing on ebay as GMV is down to where it was in 2013 and total active buyers are down by 25% ( thats a loss ) since 2019 ( 5 years ) ) the visibility with promoted listing have gotten worse and worse ( some people will say more competition is it though as the site is down by 25% ) , if you choose to promote ( do not rely on them ) from my experience they hardly help any more( i only promote a small percentage of items nows ) , and as far as auctions , every time i thought about promoting an auction the price was so high theres no way i would , please remember that ebay really has pushed hard over to be like amazon ( Devin did this , and remember amazon does not do auctions) in my opinion auctions are almost worthless 99% of the time , unless you have an extremely rare and desirable item and then i would not start an auction for anything less than what i was willing to sell for , this platform all in all is still ok to sell on but there are so many issues and so many other platforms now ( diversify to as many platforms as you can ) , good luck
06-23-2023 11:57 AM
As has previously been brought to your attention, our current CEO's name is NOT Ian. It is Jamie. So either you are confused who the CEO is or you are continuing to call him by a different name for other reasons.
"...started messing with promoted listings..." What does this mean? How were they messed with?
As for auctions, they really died off about 10 years ago in most categories. This is not news. There are a handful of categories they seem to still work in, but in most they don't. Auctions are less than 20% for all listings on Ebay and have been for years. They just aren't a major contender anymore, mostly due to how most buyers like to shop. They just want to come in, find what they want, purchase it and move on to the next thing.
No other site [that survived] similar to Ebay does auctions. Ebay and Amazon are completely different types of sites.
06-23-2023 05:55 PM
as i have stated before to you NOT TO TALK TO ME ... so stop i could careless what you think , youve been rude and insulting to me the first time several years ago SO STOP for the last time or i will report you and there are many instances i have stated that to STOP ... could careless what you think ... good day FOR THE LAST TIME
06-23-2023 10:52 PM
I don't know what you are referring to. What happened several years ago?
OK, I'll leave you alone.
08-25-2023 01:00 PM
When does making. A few extra dollars translate to greed?