Just curious - Any predictions if the coming Recession will hit sellers hard? or will it be okay?

[merctracker2003]

This is more of a 30 thousand foot 'view' level question.  Just curious if SELLERS have any feelings or predictions if our economic downturn and inflation will hit sales?   Just wondering what experience Ebay sellers think.  

Thanks in advance for any answers.  

[Anonymous]

Already has, for like 2 months.

[heckofagame]

Yup, even though they haven't officially called it, we are already in it. Buckle those seat belts. Stock up on ramen. 

[niji-10]

To some extent, I'm sure it will be impacted, though it might depend on the type of item you have. I find certain collectors still find money to buy regardless. I say that both from the standpoint of a seller and a buyer in my item genre. (Newer toy/collectibles) Mostly what's giving me issues is the recent nosedive in impressions which seems to be on eBay's end. From my small business standpoint, I had a lot of buyers before two weeks ago when the technical trouble started.  

But anyway, only time will truly tell.

[bashort]

---

@merctracker2003 wrote:

This is more of a 30 thousand foot 'view' level question.  Just curious if SELLERS have any feelings or predictions if our economic downturn and inflation will hit sales?   Just wondering what experience Ebay sellers think.  

Thanks in advance for any answers.  

---

You must of not heard, the definition of recession has been revised.

[chapeau-noir]

No worse than any of the other recessions (about 4 so far since the 90s) we've lived through, save we have low unemployment and the Fed is paying down the national debt.

[mr_lincoln]

@merctracker2003   I'll answer that particular question the 2nd week of November ... as to sales on eBay, the issue is not the economy, it is the search algorithms ... sales are booming on other venues I obtain inventory from ...

Mr. L

[2011jleach31]

It has been killing mine for about 2 months already 

[chapeau-noir]

---

@mr_lincoln wrote:

@merctracker2003   I'll answer that particular question the 2nd week of November ... as to sales on eBay, the issue is not the economy, it is the search algorithms ... sales are booming on other venues I obtain inventory from ...

Mr. L

---

Stores are busy, too.  I have to go at an oddball time of day or end up standing in line for a while.

Even during the so-called "great" recession I was selling stuff online no problem.

[mr_lincoln]

---

@chapeau-noir wrote:

---

@mr_lincoln wrote:

@merctracker2003   I'll answer that particular question the 2nd week of November ... as to sales on eBay, the issue is not the economy, it is the search algorithms ... sales are booming on other venues I obtain inventory from ...

Mr. L

---

Stores are busy, too.  I have to go at an oddball time of day or end up standing in line for a while.

Even during the so-called "great" recession I was selling stuff online no problem.

---

@chapeau-noir   I believe you have posted on this thread about the sudden drop in sales ...

https://community.ebay.com/t5/Selling/Sudden-drop-in-sales-May-2022/m-p/33109284#M2046406

How does that phrase go about trying to hide the elephant in the room? 

                                          

[dbfolks166mt]

     It will depend a lot on what you are selling and where you are selling it. My sales on eBay have been slow for quite some time but the other venues I use are holding steady. Some of it has to do with the buyers mindset in the wake of the easing of the pandemic restrictions. B&M stores in my are are busy. Playing field is now level with sales tax and shipping is becoming a killer. B&M no waiting/shipping delays, easy returns and you can inspect or try on the item before you buy it. 

[vintage-camerastuff]

We are already in a recession.  My sales are up but that doesn't mean much.  Sales could go south at any time.   I believe it will get a lot worse before it gets better.   Maybe the new congress will clamp down on gov. spending.  But that is still  months away.

[cardsforauction]

It's funny because yesterday Wikipedia listed July 2022 as the start of the U.S. recession, but today they removed it from the listing.  Nobody can agree what to call what we are dealing with right now.  lol

[a-lotta-stuff]

"Coming recession?" I could have swore this was a new 'conversation' started today.

Now this is our real 'wood and stucco' store I'm talking about.

Store is dead. If we accurately had 'real' bills we be in trouble. Haven't had a $100 sale - one or multiple items - in six weeks? Even the guy who comes in every time he drives/babysit his friend during chemo, spent only fifty bucks - normally it's three, four hundred on the records.  But the gas was three hundred more and the rooms the same. It's a four hundred mile drive with three days of hotel. Sick guy saved the 'driver' in Nam. Driver never forgot.

Wow - what started as a complaint about no sales turned into a 'great guy' speech about a great guy that I don't really know.

[dbfolks166mt]

We are already in a recession.  My sales are up but that doesn't mean much.  Sales could go south at any time.   I believe it will get a lot worse before it gets better.   Maybe the new congress will clamp down on gov. spending.  But that is still  months away.

     The president was required by law to submit his 2023 fiscal year budget proposal to congress on or before the first Monday in February. I am not exactly sure of the submission date but Congress now has the $5.8 trillion submission that includes a $1.2 trillion deficit. Congress has until 1 October 2022 to earmark the budget, attempt to get it through Congress and back to the President for signature before 1 October 2022. They have been unable to do this since for the complete budget since 1996. 

     Given the animosity between the parties these days it would be no great shock to see the government shutdown on 1 October while the parties drag the budget approval process out past the election and potentially until the new Congress is in office. At a minimum Congress will probably pass continuing resolutions that will allow the government to continue to operate but they must do so at the levels they were funded for in 2022. This has become an ugly battle almost every single year. Some of us still remember the 2018-2015 government shutdown that lasted about 35 days and ran through the December-January holiday season.