Basic store or Premium ?

[theodosia7]

Dear friends, I have a basic store and I am thinking to upgrade to premium. The only reason is to have more listings so I can be able to keep re listing the items until they sell..I know the fee is high, 60$ per month, so it is a risk but I was thinking you also have more possibilities to sell when you keep relisting.

Any suggestions , are any Premium store members that reading my message satisfied with this subscription ? 

If yes, when is the best day for me to upgrade? Last day of the month or first ?

i was 2 h today on the phone with customers service but still I didn't get the answer.

i will appreciate your answers.

[victorjunkman55]

Let's Review.... You have a store, I don't. You pay monthly fees X 12 for your store, I don't. You have a few hundred + listings, I only have 70. You are a TRS, so am I. You get a 20% discount on FVFs, So do I. You need to work your store Daily, I check on my listings twice a day, Do other things the rest of the day. upgrading only means more fees for you, Not me. Nobody needs an eBay store here to make money. Sure, you may Gross more then me, but pay 3 times the fees I do. Stay where you are at Basic store, Request a higher selling Limit, No need to give more of your hard earned money. Good Luck to you.

[authentic*vintage]

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@victorjunkman55 wrote:

Let's Review.... You have a store, I don't. You pay monthly fees X 12 for your store, I don't. You have a few hundred + listings, I only have 70. You are a TRS, so am I. You get a 20% discount on FVFs, So do I. You need to work your store Daily, I check on my listings twice a day, Do other things the rest of the day. upgrading only means more fees for you, Not me. Nobody needs an eBay store here to make money. Sure, you may Gross more then me, but pay 3 times the fees I do. Stay where you are at Basic store, Request a higher selling Limit, No need to give more of your hard earned money. Good Luck to you.

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Agreed - I meant to downgrade this year and let the deadline slip - I have a premium store  and it is a lot of work - only do it if you can reasonably list and sell enough to justify it. I will be busier this year than last year with grandchildren and may not have time to devote to it - but a premium store means more work.

Again, only do it if you can keep up with your listings and justify the cost. Be prepared to invest much more time and effort to make it work. That $60 is just your basic fee - add your FVF, shipping costs, Paypal, etc and it will be $200 before you know it.

[victorjunkman55]

Anyone who want's to run / own a business will work twice as hard as a person with a real Job. When you're young, it's all about that money, But as you age, Life itself is more Important. I Took my life back, closed the store, Then went to the Casino to play slots. Their's more to life then eBay.

[authentic*vintage]

Our closest casino is in the mountains, I'm afraid of wht would happen if we had one closer!

But true - there is more to life than this unless it is your life!

[theodosia7]

Thank you , I appreciate and you are right. I already pay too many fees and not sure if I earn anything but I am mainly doing it as hobby. As you said, will be 200$ before you know it.
I tried to increased the listings today but told me I have to upgrade the store in order to do it.
How many listings can you get for free if you don't have a shop?

[theodosia7]

Good point ....and I agree ....too much stress !

[authentic*vintage]

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@theodosia7 wrote:
Thank you , I appreciate and you are right. I already pay too many fees and not sure if I earn anything but I am mainly doing it as hobby. As you said, will be 200$ before you know it.
I tried to increased the listings today but told me I have to upgrade the store in order to do it.
How many listings can you get for free if you don't have a shop?

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You get 50 free per month without a store. What are your sales for the last 5 months? Are you selling over 50% of what you list? 

[theodosia7]

No, I a m not. I am selling 35-40 items per month. I list about 300 listings per month.

[partial*eclipse]

Your sell-through rate is very low.  Your  listings history shows that you have sold 40 items in the past 90 days.  How much profit did you make on those 40 items after paying for 3 months of store subscriptions?

[twnpopcards]

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@theodosia7 wrote:
Thank you , I appreciate and you are right. I already pay too many fees and not sure if I earn anything but I am mainly doing it as hobby. As you said, will be 200$ before you know it.
I tried to increased the listings today but told me I have to upgrade the store in order to do it.
How many listings can you get for free if you don't have a shop?

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@theodosia7

Are you sure you have not hit your limit for listings/sales for the month?  You should not have to upgrade your store to add more listings as Ebay allows you to add additional listings at $.20 each with a basic store.  Ebay even has a fee estimator to see if it would be cheaper to list some items at the per item rate or if you should upgrade to the next store size.  

Maybe I am misunderstanding what you are saying but from what I get out of your statement you should not have to upgrade to a premium store to list more items at this point in time.  There are actually many sellers who list 350 or so items a month with the basic store because that also gives them the freedom to not have to list that many every month.  If you upgrade to a premium store you have up to 1000 fixed price listings a month and another 500 auction style a month in collectibles (not sure what you sell).  Are you going to be listing enough items each month to justify $60 a month?

Also you may want to look at creating another selling account where you can have another 50 free listings a month as that may be all you really need.

Hope this helps somewhat.

David

Twnpopcards

[theodosia7]

Hi,
I was on and off as out of town. Very little profit, I calculate about 10$ per item.

[luckythewinner]

I do not have a store. I use eBay's free Turbo Lister program to maintain my listings (about 5,000 of them) in a local database on my computer, so I never have to worry about losing the work I put into them.

With one selling account, my 50 free items a month, and whatever listing specials I receive, every year I manage to list between 350 and 5000 items a year. That's an average of ~300 items per month with zero store subscription fees and zero insertion fees. 

But unfortunately, Turbo Lister is going away and the replacement that eBay has promised is nowhere to be found. 

[auctionpet]

If you really want to increase your listings to using up to 1000 a month via the Premium store, be sure you will actually use most of them. If you only want to post let's say 200 more it would be cheaper to just pay for them at 20 cents each or wait for a listing special. Your break even point would be 300 more listings. If you have the $ to experiment with a bigger store, then sign up only for the month to month (that is if your on that now), this way if things aren't picking up how you hoped, you can cancel at any time without penalty. I would never recommend locking yourself into a year long commitment for a premium store if your just a hobby seller.

Best time to change over doesn't matter, they pro rate months anyway.

Good Luck with your sales!

[ymeagainlord]

If you ever do upgrade, it's best to do it AFTER you've used up your current allotment of listings, as when the upgrade kicks in they'll give you a new allotment for the next level (even though the upgraded level fees are pro rated).