12-18-2022 10:52 AM
Hi guys. So I have a question. I have never done a promoting and I hope to do one just to get the experience. I was trying to understand the procedure but don't get it. First when I was about to promote it shows a percentage of 6.8% as in a kind of a recommendation.
1. Does this 6.8% calculates from the item price + shipping price x 6.8%?
2. Can I reduce it to like 3%?
3. If number 2 - Yes, what's the difference of the percentage which affects the promotion? how does the promotion vary? I don't understand the exact concept behind this.
Much appreciated if someone could help.
Solved! Go to Best Answer
12-18-2022 11:01 AM
1.) It is taken on the entire payment.
2.) The lowest is 2% , which is where I put all my PLs.
3.) The percentage is pulled out of eBay's...hat. In theory the more you pay the more exposure you get.
Two things:
Note that the experiment is on collectibles, so no two listings will be exactly alike.
The basic question being asked is: does the customer buy the lowest price or the first item seen?
*Very High
** Very Low
12-18-2022 11:01 AM
Hello
I believe if you want to purchase promoted listings you have to sell a few items before even being considered. Given what you are selling, I would hold off on the PL for now. Just try to get some successful sales under your belt and then maybe on down the road, consider using them for some of your items. Personally, I wouldn't use PL on items that are inexpensive. Especially because you've got lots of competition in your venue with selling teas and spices. If you have something that's a bit more in value then ok. Go for it.
Have a great day.
PS I'm not a mate. lol. I'm a friend. 😄
12-18-2022 11:01 AM
1.) It is taken on the entire payment.
2.) The lowest is 2% , which is where I put all my PLs.
3.) The percentage is pulled out of eBay's...hat. In theory the more you pay the more exposure you get.
Two things:
Note that the experiment is on collectibles, so no two listings will be exactly alike.
The basic question being asked is: does the customer buy the lowest price or the first item seen?
*Very High
** Very Low
12-18-2022 11:35 AM
Hi, Shashendevind0!
I'm a buyer, not a seller, so useless to help you on that point regarding Promoted Listings.
I am chiming in to tell you the two previous posters gave you some great advice. I'm glad to see you're still on the right path!
12-18-2022 12:20 PM
I got it. Thank you very much. You have helped me out soo many times and I really appreciate your support.
Well I have got some items on the way which falls in the category of "luxuries". So I guess I will save my PLs for then. Thank you once again.
12-18-2022 12:22 PM
Thank You Very Much @femmefan1946 . I think I found what I need to know the most. Just to educate myself a little upon PLs. Thank you for helping me out. Appreciate It.
12-18-2022 12:23 PM
Hi Mr. Lance. Happy to see you. Yes exactly. I got what I need to know out of the two answers. Just educating myself on the way up. ^^
12-18-2022 08:45 PM
I second using 2% or maybe 2.1%. Ignore the eBay recommended percentage.
12-20-2022 12:39 AM
Thank you sooo much @allen1853 . I will try this for sure.