I tried this out and I highly recommend not using this feature. I spent 12$ on adds and sold one item for 15$. According to the data that was with 5,000 impressions in 4 or 5 days. If you allow ebay to select the bid amount then your bids will go up to ridiculous amounts. The fault to this system is paying for clicks that don't sell. People buy my items on accident all the time so they will click on anything regardlessof it being somethingtheir interestedin. I personally will click on 900 things before I buy. At some bid spots being 1.65 a click it can add up super fast. You can literally put a seller out of business just by clicking his adds if he puts to high of a cap. Let's say he means to put 2.00 for the daily budget but accidentally hits 2,000. By the end of the day he can owe $2,000 in fees but not have sold one item. I was selling $8,000 a month before managed payments and promoted listings came out. Now to sell over 3,000 in a month i have to pay at least 20% in fees between promoted listings and regular ebay fees. I used to pay 9% since im a top rated seller. All they did was make me pay to get less then 50% of the sales I would of gotten naturally before all of this started. Ebay got greedy now we have to jack up our prices to pay our fees. Lower prices was the only advantage to shopping on ebay over amazon. Now I don't even shop on ebay becauseamazon is more dependableand has higher quality listings and items. And they normally ship way faster then ebay sellers. Sellers on ebay from outside of the usa sometimes take 2 months just to put a item in a box and give it to the post office. And rarely will you get what your ordered from them or its of such low quality it wasn't worth buying. They have shipped me 300$ orders in a plastic bag from china. Shouldnt 300$ at least buy a box? Then 50% is missing because the bag ripped open and i end up fighting with a seller over the product missing. Bottom line is if ebay doesn't lower its fees then most sellers and customers will go to Amazon. Ebay needs to at minimum offer customers free shipping at ebays cost for a monthly membership fee and add other perks to shopping here. Giving 2$ in ebay bucks twice a year isn't anything that will draw people in. If you want us to pay for adds on ebay then ebay needs to advertise outside of ebay places besides on google. I havent seen a ebay commercial on tv, billboard or basically anything for 2 years. Thats why we pay 10% selling fees isnt it? Either ebay intentionally lowered my sales to force me to pay promoted listing cost or the buyers on ebay recently reduced to about 35% of the amount before starting managed payments and promoted listings. Sales don't just drop from 8,000 to 1,000 in a month on its own. And we know ebay controls every item we sell because a certain item that hasn't sold in months will sell 3 times in a row, then another item will sell 2 or 3 then it moves on. But the way items are selling its not random or based in customers searches. Its completely based on when ebay turns 9n your prodile and places certain items they want you to sell in the front of the other listings. After your hour block of sales is up you probably won't sell anything until at least 6 hrs later when they move your listings up and you sell another 3 items in 30 minutes. But thats how my sales go every day. I sell a few items for 30 min then nothing until i sell a couple items again for a 30 min period. If I sell 20 item they will always be maybe 5 different listings that sell 4 times each to make my 20 sales. But I have 308 active listings or about 6,000 items listed. Whats the odds 5 of my items sell out of 308 listing 4x each but sell nothing else. Ebay 100% controls every sale. If ebay wanted to they could sell every item you have listed in one day. But they won't because they want another 100% more in fees to allow you to make enough just to survive. Between the scammers trying to rip me off every purchase and ebay fees increasing over 100% in the last year even charging me fees on taxes paid by customers. I need to make a move to selling some of my $60,000 in inventory listed on ebay on other sites. If i sell it on ebay I will pay 12,000 to 15,000 in fees just for giving them the opportunity to sell it. I dont think ebay appreciates it sellers like in thecpast and feels its doing us a favor by letting us sell on their site. When in reality we are the life of ebay and the harder you make things on us is the harder for the customers it will be. Then when the customers leave so does the sellers. Without the licensed retailers like me on ebay then this is just a swap meet with auctions that are rigged by the sellers. It will all be low end products, slow shipping, almost no customer service and every scammer on the planet selling and buying. Ebay simply can not survive without its retailers anymore. Amazon will eat ebay for breakfast everyday of the year until when we say ebay in ten years its compared to MySpace. Something that was awesome until the people who made and ran it decided doubling their profit was worth losing everything. Now its just a memory of a old broken site.
