GTC and eBay's Last Quarterly Earnings

[punkparrots]

So I have read several reports that eBay's Last Quarterly Earnings are down.  

You think it has anything to do with GTC?

[johnrj1226]

No

Buyers generate the revenue for eBa & eBay sellers.  GTC has no effect on buyers.

[mschacha]

This has been a very disappointing Christmas season. I should be pulling my hair out trying to wrap all my items for shipping - nope. Ever since the spring when GTC and the change in searches, my sales have dropped. When I google items I never see anything for ebay. It is always Poshmark, Mercardi, Amazon and Etsy. It is hard to find what I want in ebay searches. A friend of mine started to list items on ebay again and commented on how low priced everything is and how no one is paying for their items. Before the changes I would have to go to the post office everyday, no longer do I have that problem.

[claude-collectibles]

My sales are down 50% since they implemented that bogus policy along with others, Now instead of having 1,040 listings I only keep about 900 so not to go over and be hit with those TRICKY fees. How does that help either of us.

Does not look like I will be 1099'd this year YEA ! What a blessing that this is not the only selling platform out there.

They will Not keep us from Making Money just Making them Money !!

Good Luck, Merry Christmas & Happy New Year

[mschacha]

No 1099 for me either.

[goldxxxsilver]

Been here 15 Years...100% Agree GTC has Affected us Smaller SELLERS....My Sales down 80%...Our Choices are Limited and Gone now/ how we wish to List our Items in Stores or Free Listings....MANY MANY Sellers Have Left...Hope to get some Choices Back other then GTC or Auctions....Feel So Sorry for all that Have Left...GTC is a Disservice for us Little Guys....Thanks for Looking....Merry Christmas and Good Luck to all...

[laurabeardsley]

There is SO much wrong here and so far no effort on Ebay's part to fix any of it.If there are no changes after the first of the year things will get worse. I just do not get it!

[goldxxxsilver]

I Really Think that Ebay as much as I Love this Platform has totally walked away from the Smaller Sellers ...Too Much has Changed ... Not user Friendly Anymore....Use to be Simple to Come and Sell and Buy... Not Blaming them for Doing it...Its there Game....Us Little Sellers will find another Way.....Merry Christmas Everyone...Thanks for Reading....😊😊

[gwzcomps]

It has been a bad year to sell on eBay. I think GTC, site issues, and broken search engine are to blame.

[luckythewinner]

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@punkparrots wrote:

So I have read several reports that eBay's Last Quarterly Earnings are down.  

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For which quarter, and by which measure of earnings?

[esg-enterprises]

All my listings are GTC so I figured it would have no effect, but my sales are markedly down since GTC, and I know there are certainly other issues.

But a lot of sellers are also buyers and I believe it really ticked a lot of people off and they left.

[chapeau-noir]

If I blamed anything I would blame site infrastructure problems/search.  For instance, my sales cratered after the October item specifics debacle, and usually I have very steady sales (GTC made no difference but I've been 30-day for quite a while and sell stuff that people just purchase if they want it). I struggled for three weeks with trying to update everything (I had about 450-500 listings then), finding that IS's were lost again, and many were simply missing or made no sense, updating yet again, etc. etc. After weeks when eBay made some progress fixing this, my fixing the rest yet again, sales started back up again.  It's a very discrete temporal event - I could link it by dates.

[stanley2erols]

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@esg-enterprises wrote:

All my listings are GTC so I figured it would have no effect, but my sales are markedly down since GTC, and I know there are certainly other issues.

But a lot of sellers are also buyers and I believe it really ticked a lot of people off and they left.

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In my opinion that is the biggest mistake that ebay has ever made, and there are plenty to choose from over my 18 years here.  Yes we need buyers, but they started attracting the wrong kind of buyers, and didn't care what happened to good sellers.  They failed to realize that those sellers were also buyers.  50% of online shoppers go to one website.  I never even think to go on that website to look for things because I am on ebay for hours each day.  If I need something I just type it into the search bar.  I buy business related items, shipping supplies, items for resale, personal items, gifts, etc.  I have the ebay app on my phone, I use ebay bucks, I use the money in my Pay Pal account, I have an ebay credit card.  If I am no longer a seller at some point I wouldn't have all of that, and if I was left with a bad taste in my mouth I would make it a point not to come back.  Yet for years they haven't cared about what the sellers thought, and that has hurt them.

[uncseniorsportsfan]

I don't think it was GTC that started many sellers on a downward spiral.  I think that while GTC garnered all the attention - eBay made a number of algorithm changes to search at the same time.   I also think that promoted listings (and having them appear on other sellers' listings) had more of a detrimental effect on many small sellers than GTC - even for those that felt compelled to pay the additional fee.  

[flyingmvp]

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In my opinion that is the biggest mistake that ebay has ever made

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The GTC for all was not a mistake, they have created a very useful and simple tool, designed to continuously charge and collect listing fees on every item every month, big and small, new or old, all trapped in the big GTC Algo fee collection machine.

That's it.