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My Sales Tanked, And I Have A Theory

I've been selling for just about 2 years now. I found my niche, developed my business model, refined and worked it. I was doing about 2.5k per month in sales on about 150 listed items, with the usual variation - seasonal and otherwise. I had 100% feedback and repeat customers.

 

Ebay wanted Free Shipping, I give 'em free shipping. Ebay wants 1-day shipping. I give 'em "epic fast shipping" to quote one customer.  Ebay wants Free Returns, I give 'em free returns. Ebay wants Guaranteed Delivery, I give it to 'em. Whatever direction ebay wants to go in, I try to adapt and make it work. So far, so good.

 

So naturally, it was time to expand. As I sell mostly men's clothing, maybe 'summer slowdown' wasn't the best time to expand, but I increased my listings about 40 or 50 percent in July, and sales increased by about 35%. Right on target. I did the same in August, with good results. It was my best month on ebay. Now with the summer doldrums behind us and more listings than ever before in my store, September should continue the trend. Not so fast.

 

September saw a 25% decline in sales. October was equally bad, and November - which I anticipated as being the best month of the year - has so far been horrible. I'm currently on pace to equal my year-low January sales when I had less than half the items listed. I anticipate doing half the sales of August, or a 50% decline from that month. This is despite loading up with Christmas and winter items - the items that ebay (and common sense) - recommend.  

 

So what gives? I went crazy trying to pin down the reason. I tried listing on a regular basis. I tried binge listing. I kept my account constantly active. I lowered prices. I raised prices. I had sales. Nothing mattered. Am I still top-rated? Yeah. Is my return-rate too high? Ah, my returns are exceptionally low, especially with all the clothing I sell. Can't be that. Unresolved cases? Nope. In three little words, **bleep**?

 

Looking at my sales on a graphical plot, it was easy to see exactly when things began to tank, the inflection point so to speak. But that still made no sense. Now we all know that a platform like ebay is run by computer algorithms, and these are developed and manipulated toward one end - optimizing revenue from sellers. Nothing sinister about that. We all try to optimize revenue. 

 

Obviously, none of us know the details of how 'ebay' operates, but the generalities are there. We kinda all 'get it'.  For some reason, I was dumped into a lower priority 'bucket'. Sure, they give you the occasional 'off-the-charts' day, the same way a casino strings you along until you're just ready to walk away and cut your losses, and then you hit for a few hundred. And you come right back. Until you're broke. Sometimes I get the feeling that ebay is a casino and we're all just hangin in there waiting for a jackpot. 

 

I was going over my messages awhile back, and noticed an offer from ebay to upgrade my store to the next level up. I considered it, since I was paying for insertions each month, and it sorta made sense and I was planning on continuing the expansion. But the subscription fee was 3X what I was paying, so I had to think about it just a bit. Unfortunately, the deadline for the offer was August 28, and I didn't respond in time and the offer expired. 

 

My sales began to decline immediately after that date. Ebay simply dumped me into the 'not worth it' bucket. 

 

Thanks ebay. Two years of representing your company as best as I could, and winning customers with every sale. And in an instant, all that work is tossed into the 'screw you' bucket. Hey, it's your platform, if you think that's the optimum way to harvest revenue from your sellers, more power to ya. But I'm starting to agree with the naysayers - ebay is flailing around trying to compete with Amazon and the new kids, and flailing rhymes with failing, doesn't it.

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Re: My Sales Tanked, And I Have A Theory

I had a store for years. Closed for 2 months while I moved stated, opened a new one (faster move than I thought). Of course I do not have the 1500 listings I used to have, but I am plugging along with auctions and fixed rate. I am not even getting views, so even with a store (I have the $mid level one, $50 or $60, a month, I forget, do not even want to think of it), I am guessign withour using the pay MORE for promotions, I am just not being seen. 

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Re: My Sales Tanked, And I Have A Theory


@eaux-de-vie wrote:

I had a store for years. Closed for 2 months while I moved stated, opened a new one (faster move than I thought). Of course I do not have the 1500 listings I used to have, but I am plugging along with auctions and fixed rate. I am not even getting views, so even with a store (I have the $mid level one, $50 or $60, a month, I forget, do not even want to think of it), I am guessign withour using the pay MORE for promotions, I am just not being seen. 


I quit doing the PL back a while ago when I found ebay promoting them several pages back instead of forward. It is a scam and when ebay was told about it they merely said that PL do not guarantee to be placed where it will be better seen....just that there will be an addition placement.

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Re: My Sales Tanked, And I Have A Theory


@everything-from-trinkets-to-treasures wrote:


for some reason you seen to have an issue with the facts and people discussing the facts and real issues.

 


Real issues is based on exactly what your complaining about. No sales. I'm giving you excellent straight up advice. You won't need to come up with excuses and blame Ebay for hiding your stuff anymore. Check your asking prices, buyers will come with change.

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Re: My Sales Tanked, And I Have A Theory

Have you read any of my postings? I had a significant reduction in sales - I had to change what I was selling - how I was formatting titles and descriptions ect.. My sales fell 75% this past spring - but I bounced back - so don't consider what we say - even when we've been in the same situation and have bounced back. As the market changes - so do sellers have to change - to continue to stagnate because you don't want to change isn't helping you be a successful seller. What worked last year or even last month - may not work today as the market is constantly changing.

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Re: My Sales Tanked, And I Have A Theory


@coolections wrote:

@everything-from-trinkets-to-treasures wrote:


for some reason you seen to have an issue with the facts and people discussing the facts and real issues.

 


Real issues is based on exactly what your complaining about. No sales. I'm giving you excellent straight up advice. You won't need to come up with excuses and blame Ebay for hiding your stuff anymore. Check your asking prices, buyers will come with change.


Why is it you keep talling people complainers when we are merely having a discussion. Why is it you think people do not have the right to DISCUSS issues we face????

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Re: My Sales Tanked, And I Have A Theory


@tunicaslot wrote:

Have you read any of my postings? I had a significant reduction in sales - I had to change what I was selling - how I was formatting titles and descriptions ect.. My sales fell 75% this past spring - but I bounced back - so don't consider what we say - even when we've been in the same situation and have bounced back. As the market changes - so do sellers have to change - to continue to stagnate because you don't want to change isn't helping you be a successful seller. What worked last year or even last month - may not work today as the market is constantly changing.


And that might be a vaild point if everyone had an identical business to your with the identical inventory and needed to address the same issues as you.....which is not the case. It worked for you and that is great but your business is not the same as everyone else's. You are making a lot of assumption about other people businesses you could not possibly know or have information about. You can speak to your own business and your own issues but beyond that you have to inside info on everyone else's. So what worked for you will not work for "everyone" else.
You can give suggestions based on what "worked for you" if people are looking for help or suggestions but not everyone WANTS or NEEDS any suggestions and just want to talk and discuss things we deal with....which is allowed.

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Re: My Sales Tanked, And I Have A Theory

@maimaimai90

 


@maimaimai90 wrote:
You characterize my original post as a self-pity party - it's ebay's fault. Not true. I have a background in computer modeling and programming, and I have a bit of insight as to how optimization algorithms work. As I said, it's up to ebay to decide how they want to harvest revenue from sellers.

I have misread your intent.  I apologize ...

 


@maimaimai90 wrote:
As I said, it's up to ebay to decide how they want to harvest revenue from sellers. I was clearly tossed into a lower priority bucket.

What's the point of this thread? Understanding how ebay works ...

OK.  Let's look at something.  Would you mind sharing your overall click-through rates and sales conversion rates from your traffic page?   The overall numbers are on the top bolded line above the details of listings.

  • Current numbers (30-day numbers)_
  • Change the dates so that you get 90-days worth of numbers from the Summer Quarter (June-August)
  • Change the dates so that you get 90-days worth of numbers from the earlier 3 months (March - May)

And, for transparancy, here are the numbers from this account:

  • Current 30-days:  0.7% (click-through), 2.1% (sales conversion rate)
  • June-August:  0.8% (click-through), 2.3% (sales conversion rate)
  • March-May:  0.9% (click-through), 2.3% (sales conversion rate)

My sales-conversion rates are right around the industry average of about 2 to 2.5% ... eBay continues to feed customers to this account, and the dreaded "lower priority bracket" (which I believe is real), has not happened.

 

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Re: My Sales Tanked, And I Have A Theory

First of All- it is THE WORST year in business on eBay for everyone, doesn't matter what do you sell. I am a member of eBay c 2000 and never see so many complain about eBay...The search engine CASSINI created in 2013 and had too many changes and updates, so they completely screwed algorithm of the engine...and nobody included eBay not understand how it works today...But it doesn't work right for sure. Terrible search! Never gives what exactly you looking for...And it is the BIG turn off for buyers....I don't have the patience to find something on eBay anymore, most buyers are same...

Second, with new stupid policies, eBay **bleep** off too many sellers...Some moved their stuff to other platforms...Some of the sellers( included me) said:  " I never buy anything on eBay anymore..." And the sellers are BIG BUYER also...

Third, eBay CEO  is IT and he has no idea, what's e-Commerce and how it works...

Forth, eBay is trying to compete with AMAZON and it's another Huge mistake....eBay used to be UNIQUE MARKET for ART, Antiques, Collectibles and used items- Reselling Market. AMAZON doesn't have these categories...

eBay should take advantage of this categories and stay UNIQUE, don't try to be like everybody else...

Fifth, with eBay Global Program eBay, scare away International Buyers...Maybe it is comfortable for US sellers, but not for International buyers...I got too many complains, that why I stopped using it...
I'll keep my eBay store for a while because my inventory is still big, but  I don't buy anything anymore and I want out. 
eBay business is not profitable anymore and too many aggravations and problems-NOT WORTHED!!!

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Re: My Sales Tanked, And I Have A Theory


@everything-from-trinkets-to-treasures wrote:

@tunicaslot wrote:

Have you read any of my postings? I had a significant reduction in sales - I had to change what I was selling - how I was formatting titles and descriptions ect.. My sales fell 75% this past spring - but I bounced back - so don't consider what we say - even when we've been in the same situation and have bounced back. As the market changes - so do sellers have to change - to continue to stagnate because you don't want to change isn't helping you be a successful seller. What worked last year or even last month - may not work today as the market is constantly changing.


And that might be a vaild point if everyone had an identical business to your with the identical inventory and needed to address the same issues as you.....which is not the case. It worked for you and that is great but your business is not the same as everyone else's. You are making a lot of assumption about other people businesses you could not possibly know or have information about. You can speak to your own business and your own issues but beyond that you have to inside info on everyone else's. So what worked for you will not work for "everyone" else.
You can give suggestions based on what "worked for you" if people are looking for help or suggestions but not everyone WANTS or NEEDS any suggestions and just want to talk and discuss things we deal with....which is allowed.


"Changing to keep up with the market" is advice that EVERY business needs to take unless they want to watch themselves go extinct.  Why do you think B&M stores are constantly changing up their product lines, redoing their displays and windows, changing how they advertise, etc.?  Very few people are going to walk into a B&M store that has the exact same thing in the windows for six months straight, or is showcasing stuff that was popular a year ago.  The same goes for online marketplaces.  If you have a listing template that looks like it came straight out of a 90s Geocities page, for example, a lot of people will automatically hit the back button and not even look any further.  If you're selling clothing but all you have is last year's styles, again, people will hit the back button.  What sold well one month might be dead in the water six months later.  Sellers need to be constantly evaluating the market for their items and their overall business plan if they want to maintain steady sales no matter what they sell.

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Re: My Sales Tanked, And I Have A Theory


@unique-finds-for-everyone wrote:

search doesn't work right for sure. Terrible search! Never gives what exactly you looking for

 

eBay used to be UNIQUE MARKET for ART, Antiques, Collectibles and used items- Reselling Market. AMAZON doesn't have these categories...

eBay should take advantage of this categories and stay UNIQUE, don't try to be like everybody else...


I read the same old stuff complaining about Ebay. Guess what, Ebay STILL HAS a unique market for art, antiques and collectibles. I search Ebay daily and still buy with no problems. The only thing that has changed is sellers got greedy and raised and raised their prices and cut themselves out of the market for buyers. Those sellers who still use common sense and keep prices within range buyers are willing to pay are doing good. Those that don't want to change but stay here and complain should just go ahead and pack it in as they will continue to not get buyers. As far as you not being able to find what your are looking for come here and ask. We can help you find it.

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Re: My Sales Tanked, And I Have A Theory

I have found that lately posters views reflect how their sales are going. A few months ago - one seller was defending Ebay - now they are dragging it's name thru the mud because the "holiday" sales haven't appeared. Others have noticed this switch also and commented on it.

 

Ebay is not a fit for everyone - but the reason it is still popular is that it is a one stop shop. You can find new, used, collectibles, housewears - all in one place. Many of us use other venues along with Ebay - it's the smart thing to do as a business - but many who do so and complain about slow sales here - never made any changes and think we're still living in the late 90's when Ebay was the only game in town.

 

I follow many people here who sell on multiple venues - both vloggers and posters. The vloggers main income is still coming from Ebay unless they do alot of retail arbitrage and sell on the River. Sellers here are actually doing no better as far as sell thru rate on the other venues - than they are on Ebay - for the amt of items listed. Had they put the energy into changes things up and compying here vs all the energy expended on the new venue - they may have seen greater results.

 

As far as clothing sellers - there are other venues to persue - but the one is nothing more than people window shopping and liking your item as the buyers there want everything even cheaper than buyers here. The other venue is "hot" now but buyers pay shipping and the merchandise trends to the younger crowd. A lot of time is expended just liking and sharing your items to make sure you get visibility. Now if sellers are doing well other places - that's great - I really am happy for them - but then why complain here rather than putting that time and energy into the new site? Ebay is not likely to change and I see many more satisifed posters posting here than ever before. Being a member of these boards for the last 17 yrs or so - you only had a couple of posters that believed in Ebay back in the day until recently - the rest were arm chair quarterbacks and unhappy. Funny but many of those disgruntled people are still here selling - so that's telling - they are making money here that they won't give up.

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Re: My Sales Tanked, And I Have A Theory

Trinkets,

You have been here long enough to know exactly what to expect from certain responders. Just skip by them, as I do, - don’t let them lead you to a dark place.

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Re: My Sales Tanked, And I Have A Theory

Reply to myself for correction:

Responders should have read responses - iPad autocorrect.

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Re: My Sales Tanked, And I Have A Theory

interesting........ comment
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Re: My Sales Tanked, And I Have A Theory

I started out selling at flea markets and craft shows in the 1980s had my own brick and mortar thrift and gift store from 1998-2003, and have been selling on ebay and other online sites since 2000.   Trying to explain that what has happened on ebay is typical of the world of sellng to some of these sellers that have little experience outside of online sales is like beating one's head against a brick wall.  You will bruise your head, but that brick wall isn't going to change. 

 

No,  I don't sell anywhere near as much online as I did before the recession, but I never expected ebay sales to maintain an 80-90% sell thru rate of the early days.   Competition was bound to increase and what was hot or "rare" and what was not would change as well.    In many ways it was much easier to grow a brick and mortar business than an online business - more customer interaction and more repeat customers - no shipping charges to contend with, and  easier to switch up inventory and attract new customers who were just passing by. 

 

The biggest problem is that of inventory risk which is why I decided not to sell new manufactured products, but stuck to vintage or used items  and one of a kind crafts.    That helped me to limit how much I had invested in inventory and allowed me to have sales on slow moving items.    With my brick and mortar store I never had more inventory than what I could display in the store - and online I never had more inventory than would fit in  two spare closets, a bookcase,  a curio cabinet,  and three garage or basement shelving units.    To buy more inventory I have to sell some of what I have. 

 

True, I never tried to make a living at what I did - far too risky.   But I have always made enough to cover the family's health insurance,  vacations, my vices, and pocket money. 

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