07-10-2024 07:23 AM
I have not had any sales five days now. I have over 1,200 items listed on Ebay and have been a seller here for over 20 years. Normally I sell an average of 3-5 items per day. What in the heck is going on? I work on my store day daily and nothing is happening? I've sent out offers and answered buyer's questions daily, and still nothing. I'm really starting to get nervous. Anyone else running into this issue?
07-10-2024 12:18 PM
July has always been my worst month of the year.
This year is no different.
Also, you have to have items people want at prices they will pay. You can't guess your prices and you can't list garbage and expect people to buy it.
DVDs and most books go down in value every day. Most of them cannot be shipped out at a profit anymore even if brand new.
I suggest everyone getting no sales to start price checking every single item they have that is easy to search. If someone else has it cheaper than why in the heck would a customer ever buy yours.
Once again, don't guess prices and don't think that people will scroll past the cheaper one to buy a more expensive listing of the same item.
07-10-2024 12:42 PM
You list a ton of $2 & $3 items, Mostly single cards, You can't begin to tell everyone that their items are priced to high & yet you do!, Way to many sellers here in saturated areas are dumping their stuff at ridiculously low prices which cheapens the actual value of an item, Which in return only makes things worse for every seller who has the same item, Their dumping their stuff at these prices because some just don't know what they have, Some don't care, & others because their trying their best just to get some sales, Sad Times!!
07-10-2024 12:43 PM
I'm not sure if this will affect anything or not for you, but maybe try ending and relisting some older items that have been sitting a few months or longer, even if they have watchers. Do a refresher on your store, eBay tends to favor newer listings over older and people claim once they do this, they have an increase in sales. I'm just starting to try it today. Also would always be a good idea to make sure there isn't an error somewhere in your listings that would keep someone from buying, like putting the amount in pounds instead of ounces driving up shipping costs. I've had that happen before and had someone mail me angrily instead of being decent over an obvious mistake. No one would charge $42 in shipping for a pair of socks. 😂
It also is just slower due to the season + buyers not having very many extra funds to spend on items. I'll also throw in the increase on shipping lately, buyers have contacted me wanting my GA calculated items but don't like the cost of shipping it to them, even when I give them a discount. I'm seriously considering adding a message to all my listings regarding the shipping increase and that shipping costs are firm.
Really, there are lots of factors that could be/are going on, some we can control and others we can't and have to hope they get better. Best of luck selling, I hope things start moving for you again!
07-10-2024 12:49 PM
@meme6253 wrote:You list a ton of $2 & $3 items, Mostly single cards, You can't begin to tell everyone that their items are priced to high & yet you do!, Way to many sellers here in saturated areas are dumping their stuff at ridiculously low prices which cheapens the actual value of an item, Which in return only makes things worse for every seller who has the same item, Their dumping their stuff at these prices because some just don't know what they have, Some don't care, & others because their trying their best just to get some sales, Sad Times!!
Unfortunately, that's how eBay (and everywhere else) has always worked. The 'value' of an item is what people are willing to pay for it, and if an area is super-saturated, it's unrealistic to expect people to pay top price - there are simply too many choices.
07-10-2024 12:50 PM
"Fluctuations."
These are responsible for changes in the weather, ups and downs in the financial markets, and variations in consumer spending habits.
I went for a few days without a sale last week and then BAM! -- I had nearly $500 in my eBay account overnight one night from two sales.
To answer your question madam, nothing is going on. I am not experiencing this any more than usual. And it is pointless to get nervous because these changes in the environment are wholly out of your control.
Regards
07-10-2024 01:10 PM
Like I said sad times!
07-10-2024 01:12 PM
What the heck is going on?
Obviously people are currently not interested in buying what you are selling.
What else do you think is going on?
07-10-2024 01:39 PM
@tobaccocardyahoo wrote:It is July. People take vacations. People spend time out of doors. People shop for things they need and choose other forms of recreation.
Several of the categories you sell in are drowning in listings and highly competitive. You are likely to sell the items which are most desirable and the items which are leftover might take a long time to sell.
1,500 listings is not enough to generate consistent sales unless you are underpricing, and buyers can resell your items. Even when you think differently, eventually you find yourself in a valley.
I don't know what it's like where you live but here in Eastern PA it's disgusting out, 93 degrees and super humid! I'm not spending ANY time outside!
07-10-2024 01:42 PM
Since the last week of June I've had the worst run this so far this year. It's a combination of a lot of things, I don't try to figure it out, just work through it. Keep trucking on!
07-10-2024 02:21 PM
@meme6253 wrote:You list a ton of $2 & $3 items, Mostly single cards, You can't begin to tell everyone that their items are priced to high & yet you do!, Way to many sellers here in saturated areas are dumping their stuff at ridiculously low prices which cheapens the actual value of an item, Which in return only makes things worse for every seller who has the same item, Their dumping their stuff at these prices because some just don't know what they have, Some don't care, & others because their trying their best just to get some sales, Sad Times!!
I stopped listing cards in my card store about 2 years ago, It looks like I still list them, but that is because I flipped about 3000 listings to draft last year to cut the store level down and I still haven't exhausted those drafts (I have about 300 drafts left at this point). Those orders are still worth shipping out and my card listings actually make enough money to cover 100 percent of my personal day to day expenses outside of my actual bills.
My main store has a lot of $2 and $3 items in it because I use a regular markdown schedule so things drop in price every month and I eventually lot up or purge the stuff that gets down to that $2-3 level. I do that about once a year and am a currently just a few days into that annual process.
Note, that most of my "newly listed" items are actually sell similar markdowns of older items, as I end things and sell similar with a markdown on the day they were scheduled to end each month.
As for dumping, and knowing what you have.
All selling is a balance of supply and demand and prices largely set by the invisible hand of the market. Putting things up for sale over market price does not raise the market price. It just means that your copy of the item won't sell unless the market price gets to your price.
Now, many people who invest in collectibles do indeed list items at their investment target prices and just let them sit there until the market meets their price because they are investing and not reselling in a traditional manner. @meme6253 is that actually what you are doing? That I can understand, but if that were the case then I don't know why you would be mad at ebay all the time.
As for knowing what you have, a lot of people who know what they have take it all the way to their grave or completely miss their opportunity because it wasn't good enough for them. There is an angry woman with an all Ty Beanie Booth (babies, boos, and the other Ty crap) at the flea market every single time I go there, everything still priced like it was 20 years ago, selling nothing, quoting what her cost was from the distributor like that had any relevance to what the item is worth now.
07-10-2024 02:51 PM
I spoke with a customer service rep who mentioned that there has be a site wide update and they are experiencing some site wide glitches . I think this is the issue.
07-10-2024 03:01 PM
@chapeau-noir wrote:Unfortunately, that's how eBay (and everywhere else) has always worked. The 'value' of an item is what people are willing to pay for it, and if an area is super-saturated, it's unrealistic to expect people to pay top price - there are simply too many choices.
Right on. This is why I can get $35+ for some of my crane game figures-- high demand and low supply. Other ones will only bring $15 because there are just too many of them on the market for the amount of demand that exists for them.
07-10-2024 03:15 PM
Same here. Last sale was 7/2/24. I know June/July and August always were slow, but not like this.
I know clothing is a saturated category, but not like this.
07-10-2024 03:28 PM
@tammiegoldenhair wrote:I spoke with a customer service rep who mentioned that there has be a site wide update and they are experiencing some site wide glitches . I think this is the issue.
Have you ever personally encountered a glitch that kept you from purchasing an item on ebay?
I know I have not.
Ebay has site wide updates constantly. That is an easy thing to say to get people off the phone. There is nothing customer service can do to make people buy your items.
07-10-2024 03:34 PM
How do your June/July 2024 sales compare with June/July 2023? 2022? 2019? (We usually skip the outlier 2020-21 years because of the pandemic surge in online buying.)
While a sudden drop is always a concern and a shock, monthly and quarterly totals are more important.
BTW, it is also useful to compare total value as well as total sales.
Ten $10 sales make you less money than one $100 sale, when you include labour costs.
I think you guys also had a long weekend for some sort of national celebration last week?