eBay

upgradedendmills · ‎05-15-2019

It is truly a shame to see so many sellers being forced to give up their hobby/business due to eBay's shortsighted greed. Hopefully, this will all shake out in the next 60-90 days and the platform will either be sold or completely out of business.

Personally, I am in a holding pattern and willing to absorb my losses for the next two or three months and make any decisions for my future on eBay based on actual information I gain over that time period. The latest changes here have been a huge distraction and cost me untold hours of labor working around them for diminishing returns.

Sellers leaving in droves and selling off their inventory at fire sale prices is having a snowballing downward effect on other sellers who are willing to keep adapting and trying to make this work. The complete lack of sales leads me to believe that potential buyers are still out there but waiting for prices to bottom out.

I honestly feel that if there is to be a recovery on eBay, it will take years and we will have lost way too many good sellers to get there. Replacing the aggregate dedication and experience these sellers bring to the table is simply impossible.

I hope there is a drop in stock prices bad enough to make investors reconsider their options and replace the management team that is causing the root problems. As sellers, you do not deserve the disruptions and pain that are being heaped on you.

popeye3165 · ‎05-17-2019

@zamo-zuan wrote:
@coolections wrote:
@upgradedendmills wrote:
Hopefully, this will all shake out in the next 60-90 days and the platform will either be sold or completely out of business.
People have been coming here for over 15 years or more saying the same thing as you but yet Ebay is thriving. Those sellers that say they are leaving in droves hardly any of them actually leave. Those that do leave another comes in right behind them.
Take a look at the image I provided. This is directly out of the report that eBay sent. The category is down 27% GMV in one month.

In addition, the Radio Control category was down 36% GMV in one month.

That is not thriving.

The numbers you provide are telling and I just got a 10% off coupon from eBay this morning I think they need to generate some sales.

Good luck to ALL the small sellers out there!

popeye3165 · ‎05-17-2019

@rixstuff wrote:
@popeye3165 wrote:
@mr_lincoln wrote:
@upgradedendmills Good post but its hard to verify if Sellers are in fact leaving in droves or quantify the % that have or are in the process of leaving? Are Sellers Leaving? Yes I am sure, but as to how many and in what categories I think is the real question.
No one will be able to quantify anything until some numbers are released that will take a few months.

I can say this I used to sell a lot of BIN DVD/Blu-rays before GTC because I listed them at the lowest price AFTER GTC I have sold few if any.
Speaking as your market, I - and most of my 30 something friends - no longer buy physical DVDs. We buy downloads and store them in our cloud drives. So that drop in sales may be just the normally expected obsolescence.

OK I'll accept that, but how do you explain my success selling DVD/Blu-ray's here for the past year up until the GTC change then ALL OF A SUDDEN those sales have fallen off a cliff? Did you and your friends just stop buying DVDs in the last month or two I don't think so.

Good luck to ALL the small sellers out there!