12-19-2022 02:07 PM
i had posted about ebay auctions a while back and said ebay is going away from auctions and i thought it a bone headed move. (ebays policies on auctions , free returns up to 6 months is just stupid. ) when does a auction house allow "buyer remorse" and also allow people to SCAM the SELLER and ALWAYS SIDE with the BUYER. here is a article from "newsmax" this morning sort of proving my point.
"record year for Auction houses christie' and sotheby's.
12-19-2022 02:09 PM
I think sellers are moving away from Auctions, not eBay.
12-19-2022 02:13 PM - edited 12-19-2022 02:14 PM
Your link doesn't work.
It only took a few years after Buy it Now came along for pro-sellers to realize that customers preferred that and they make more money that way. The last time I listed items at auction were some textbooks for a friend of mine after her second year of college. She graduated about 10 years ago. It has been that long, since auctions were relevant.
Today few pro sellers use auctions, they are mostly the domain of amateur sellers who either put the starting prices so high that they never get any bids or start at 99 cents and give their item away at 30-50 percent under market because few people watch auctions anymore.
12-19-2022 02:13 PM
Yes, along with buyers.
12-19-2022 02:24 PM
auctions work for me if the item listed is rare, a collectible or a very popular item. I do maybe 70% BIN. Auction off the rest. Got very lucky this past week. Sold a single MJ card for $271. A small NES for $101 & yesterday a set of 4 TIME magazines that started at $9.75 sold for $200 even! I start bids at a price that will earn some profit. Don't understand those who start them at $1 or less. I'm by no means a pro seller. Just blessed.
12-19-2022 02:49 PM - edited 12-19-2022 02:53 PM
@craigstevensstudio wrote:i had posted about ebay auctions a while back and said ebay is going away from auctions and i thought it a bone headed move. (ebays policies on auctions , free returns up to 6 months is just stupid. ) when does a auction house allow "buyer remorse" and also allow people to SCAM the SELLER and ALWAYS SIDE with the BUYER. here is a article from "newsmax" this morning sort of proving my point.
"record year for Auction houses christie' and sotheby's.
You also got answers to your previous threads and posts about this topic.
From November 26, 2022: has Ebay killed the Auction?
From December 14, 2022: should ebay split in two. (one ebay for auctions, one for "buy it nows".
The vast majority of member reply with the same thing on every one of those threads.
P.S. Where's that Newsmax article you referred to in your original post?
You stopped selling on eBay some time ago, right? What other sites Have you foundhthat offer auctions for your items, or are you now using one of those auction houses that doesn't allow for "buyer's remorse" and scams?
12-19-2022 03:27 PM
@craigstevensstudio wrote:ebays policies on auctions , free returns up to 6 months.
Could you please provide a link to that statement?
12-19-2022 03:39 PM
@onefootflipper Don't fully agree. Auctions are fine for some items. They work well where buyers also buy via auction off of eBay. That is going to be things like antiques and collectibles maybe some other categories like restaurant and industrial equipment. I am probably not a "pro" seller by your definition, but my auctions do fine. You are correct people don't always know how to price and other strategies. If an item an item am selling is popular, I put starting price at about 20% of what I think it will sell for and a BIN price of a slight premium to value. I sell at the BIN about 10% of the time. Since one bid wipes out BIN, there are many instances where it sells above the BIN price. The premium to me is upping my profit. I am not a squeeze the last penny out of everything seller. eBay has screwed up the auction space. They haven't kept pace with the way other sites handle online auctions. They haven't taken advantage of the fact that eBay auctions have no buyers' fees, shipping is usually more reasonable from an eBay seller, and there is MBG, which most traditional auction houses would never, ever honor.
That said, some stuff should never be sold via auction. You can't sell something via auction when all your competitors have great prices, free shipping, and 1 day handling. There is room on eBay for both.
12-19-2022 03:43 PM
eBay isn't doing away with auctions. Buyers have been moving away from auctions gradually over the years ... preferring not to wait days before knowing whether they won an item. It's mostly new eBayers that flock to auctions ... the very buyers who may not realize they are supposed to pay for everything they win.
I haven't heard anything about eBay allowing more than 30 days from receipt of item to request a return. If you read that in the Newsmax article ... then that confirms my judgment that Newsmax is not known for its factual accuracy.
12-19-2022 03:52 PM
@mtgraves7984 wrote:I think sellers are moving away from Auctions, not eBay.
Auctions in general are dying out-- I frequently purchase from Yahoo Japan Auctions and there too most things these days are either Buy it Now or auctions with Buy it Now options. I'm looking at one of my saved searches there right now and probably 85% of the listings are auctions that have BIN prices.
12-19-2022 03:59 PM
@glasser wrote:@onefootflipper Don't fully agree. Auctions are fine for some items. They work well where buyers also buy via auction off of eBay.
Looking at your completed listings I think those all seem pretty appropriate for auction. You and your items are outside the area of "most" that I mentioned. If I was selling what you were I would probably also be using auction format as my primary selling tool.
Most people however are auctioning items that already have a bunch of buy it now competition, sell at clear price points and often listing their starting bid above those price points. Or they are starting them at nothing and taking a 30-50 percent hit.
12-19-2022 09:00 PM
And auctions do sometimes have crazy people. Good job on those four Time magazines from this year. Nothing rare or special. Just crazy people at the right place at the right time.
12-20-2022 03:04 AM
Have a feeling that the OP's "free returns up to 6 months" statement is referring to the fact that Paypal gives a buyer 180 days to open a case for item not received or not described and that most credit cards give that long to do a chargeback.